BusinessMirror June 15, 2021

US pork exports to PHL triple in Jan-April

By Jasper Emmanuel Y. Arcalas @jearcalas

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HE United States’s pork exports to the Philippines from January to April more than tripled to 39,673 metric tons (MT) driven by higher volume of pork muscle cut, which benefited from lower tariff rates, the US Meat Exporters Federation (Usmef) said.

“Pork exports to the Philippines soared again in April, bolstered in part by temporary tariff rate reductions that took effect April 17,” the Usmef said in a recent statement.

Citing US Department of Agriculture (USDA) data, Usmef said US pork exports, which includes variety meats like offal, to the Philippines surged by 258 percent to 39,673 MT from 11,082 MT recorded in the Januaryto-April period of last year.

Value-wise, total pork exports to the Philippines in the four-month period rose by 270 percent to $99.531 million from last year’s $26.871 million, according to Usmef.

The Usmef noted that the tariff reduction imposed by the Philippines only applies to pork muscle cuts, “a category in which US exports were already up dramatically in 2021.”

The Philippines lowered its pork tariff rates to as low as 10 percent as a part of the Executive’s twin measure to boost domestic pork supply and pull down rising pork retail prices.

“Through April, pork muscle cut shipments to the Philippines increased 404 [percent] to 33,128 mt, with value up 325 [percent] to $88.3 million,” the Usmef said.

The Usmef noted that higher pork shipments to the Philippines contributed to the overall growth in the US’s

total pork exports during the reference period. In April alone, USDA data compiled by the Usmef showed that total US pork exports to the Philippines expanded by 514 percent to 14,296 MT from 2,326 MT last year.

The six-fold increase in shipments resulted in a 502-percent increase in the value of pork exports during the month which reached $37.13 million.

Excluding pork variety meat, the US pork muscle cut exports to the Philippines in April ballooned by 613.5 percent to 12,472 MT while its value rose by 525 percent to $34.149 million, USDA data compiled by the Usmef showed. In April, the Usmef told the BusinessMirror that the US is in a good position to supply the additional pork import requirement of the Philippines this year.

The Usmef said the US “is well poised to help fulfill any surge in im-

port demand” from the Philippines.

(Related story: https://businessm i r ror .com.ph /2021/04/20/ us-meat-exporters-say-ready-tosupply-more-pork-to-phl/) The Usmef explained that the US pork production this year is expected to grow by 1.3 percent, which is equivalent to an additional output of 170,000 metric tons (MT). That volume, the group noted, is “approximately the total volume of pork the Philippines imported from all suppliers last year.”

“In short, supply is adequate,” the Usmef told the BusinessMirror.

And even if China’s pork imports this year are forecast to remain “very large,” the Usmef said additional imports from the Philippines “should not put any great strain on global supplies” as there is available pork in the world market.

EXPORTS REBOUND, BPO

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n Tuesday, June 15, 2021 Vol. 16 No. 244

P25.00 nationwide | 2 sections 24 pages |

TO ANCHOR PHL GROWTH

The North-South Commuter Railway, also known as the Clark-Calamba Railway, is a 148-km urban rail transit line being constructed in Luzon. It will run from New Clark City in Capas, Tarlac, to Calamba, Laguna with 36 stations, with historic stations to be restored.

Transportation Secretary Art Tugade led an inspection of the project on Monday. Story on page A2. NONIE REYES

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By Cai U. Ordinario

@caiordinario

HE Philippine economy will return to growth path this year due to the projected recovery of exports and the continued expansion of the business-process outsourcing (BPO) sector.

In a Laging Handa briefing on Monday, Trade Secretary Ramon M. Lopez said exports may post 7-percent growth this year while the BPO sector is looking at a growth of 5 percent.

Lopez said the recent growth of the country’s exports and BPO sector are not only due to base effects.

He said recent policies on allowing 100-percent operation in these sectors also contributed to the growth.

“Kaya malaki ho ang potential na makabalik po tayo kaagad sa growth path itong taon na ‘to [This is why

our potential is high in returning to growth path this year]. And we would say we would be comparable to other countries—even among the bigger economies,” Lopez said in a mix of Filipino and English.

“Ang mga growth po diyan if ever, bumabalik po sila ng mga 3-percent to 5-percent growth [The growth that could be registered if they return to growth is around 3 to 5 percent].

Tayo naman po ay hindi mahuhuli diyan [Our growth will not be far behind],” he added.

See “Exports,” A2

Duterte to Cebu LGU: Follow IATF rules

By Samuel P. Medenilla

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@sam_medenilla

RESIDENT Duterte has ordered the local government of Cebu to comply with the rules of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) for inbound travelers.

In an online press briefing on Monday, Presidential spokesman Harry Roque disclosed Duterte made the decision after studying

the critique on the protocols of the Cebu province, which deviated from that of the IATF. “The President has decided that the IATF protocols must be implemented by the Cebu province,” Roque said.

This, after the grace period extended by Duterte to the province of Cebu to implement the IATF protocols expired last Saturday.

Roque said the Department of the Interior and Local Government (DILG) was tasked to ensure compliance by the province

PESO exchange rates n US 47.7110

of Cebu with IATF guidelines.

To recall, the Cebu province opted to allow inbound Filipinos to be tested upon their arrival.

The travelers were allowed to leave the isolation facilities once they get their test results two to three days later and it shows they are negative for Covid-19.

The IATF require travelers to first undergo quarantine for seven days before they are tested for Covid-19. It imposed the said policy since there were some travelers

who initially tested negative for Covid-19 upon their arrival, but later turned out to be infected a few days later.

Due to the Cebu government’s deviation from the national policy for inbound travel, Malacañang ordered all international flights bound to Mactan-Cebu International Airport (MCIA) to be diverted to the Ninoy Aquino International Airport (Naia).

The flight diversion took effect from May 29 to June 12, 2021.

‘HEALTHY DIETS TOO COSTLY EVEN FOR AVERAGE PINOYS’

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EALTHY diets remain elusive for many Filipinos as these prove costly even for the average Juan, according to a report by the World Bank.

In a report, titled “Undernutrition in the Philippines: Scale, Scope, and Opportunities for Nutrition Policy and Programming,” the World Bank said this conclusion is based on the cost of the recommended diet (CoRD) methodology.

CoRD estimates showed a healthy diet costs P68 per day but households only spent P48 per adult per day. The report noted that this is based on 2015 data.

“Poorer Filipinos eat a diet heavy in rice, with low levels of diversity and limited animal protein,” the report stated. “A healthy diet is expensive in the Philippines.”

The World Bank recommends

that the country invest in nutrition. They estimated that every dollar invested in “high-impact, nutrition-specific interventions” by the Philippines will increase adult incomes by $66, one of the highest in 34 countries.

“Delivering these interventions as a package and at scale —with at least 90 percent coverage—will result in very high economic returns,” the report cited a 2013 Lancet journal which recommended interventions to boost nutrition outcomes.

Due to the high cost of a healthy diet, Filipinos mostly consumed rice or starches. Based on 2015 data from the Family Income and Expenditure Survey (FIES), Filipinos consumed 159 percent of the recommended consumption of starchy staples (particularly rice).

Continued on A2

n japan 0.4352 n UK 67.3441 n HK 6.1480 n CHINA 7.4632 n singapore 35.9920 n australia 36.7613 n EU 57.7923 n SAUDI arabia 12.7219

Source: BSP (June 14, 2021)

News

BusinessMirror

A2 Tuesday, June 15, 2021

DOTr upbeat on railways as PNR Clark Phase 1 moves on

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By Lorenz S. Marasigan

@lorenzmarasigan

HE current structures being erected and built for the Philippine National Railways (PNR) Clark Phase 1 are a manifestation that the Department of Transportation (DOTr) is concretizing the plans that were made years ago, its chief said on Monday.

At a program after the inspection of the construction of the PNR Clark Phase 1, Transportation Secretary Arthur P. Tugade said his agency is serious in “making the hopes and dreams” for the railway “possible.”

Exports…

“We might be nearing the end of our terms, but you will see that we continue to work towards building what was previously just a feasibility study for the previous administration,” he said.

He noted that for PNR Clark

Continued from A1

Philippine Statistics Authority (PSA) data showed exports grew 72.1 percent in April 2021 compared to the same period 2020.

The data showed total export earnings increased to $5.71 billion in April 2021 from $3.32 billion in April 2020. PSA data also showed that the April 2021 figure is slightly higher than the $5.65 billion posted in April 2019.

Lopez added that manufacturing output, measured by the Volume of Production Index (VoPI), posted growth of 162.1 percent in April.

In April 2020, based on PSA data,

the VoPI contracted 64.8 percent while in April 2019, the index contracted 14 percent.

“We cannot say that the reason for the growth was because of the decline last year. Even if we compare it to the previous year of 2019, pre-pandemic, our export level today is higher. So it appears that we are really returning to our solid growth paths in terms of exports,” Lopez said, partly in Filipino.

Last week, the BusinessMirror reported that the global container crisis and the expected holiday spending in the country’s top

Phase 1, the government is building a train simulator and training center to ensure that the management and operations of the railway system are on a par with standards.

Trains for the PNR Clark Phase 1 will also arrive in December.

“The simulator and training center that we are building for this project will be delivered before the fourth quarter of the year. If you sum it all up, this will be a testament that the dream is now turning into reality,” Tugade said.

Currently, the PNR Phase 1 is at 45.82-percent completion rate with girder piles set to be deployed over the next two weeks.

PNR Clark Phase 1 is envisioned

as a 38-kilometer railway that runs between Tutuban Station in Manila all the way to Malolos, Bulacan, passing through cities such as Caloocan and Valenzuela, as well as municipalities such as Meycauayan, Marilao, Bocaue, Balagtas, and Guiguinto.

Its second phase, also known as the Malolos-Clark Line, will be a 54-kilometer railway line that will also feature an airport express service, cutting time from Clark International Airport to Makati City to about one hour.

PNR Clark Phase 2 is being built concurrent with the construction of the first phase. The third phase, meanwhile, will connect Manila to Calamba, Laguna.

markets have apparently prompted international buyers to front-load their purchases of locally made Christmas decors and electronics.

Some economists said, however, that the surge in the country’s trade performance in April was largely due to base effects given the contraction of local and international trade caused by the great lockdown.

An expert noted that buyers would usually have their Christmas orders shipped in the third quarter of the year.

However, a report from the Financial Times indicated that retailers in the United States, one of the Philippines’s major markets, are scrambling to build up their holiday inventory to avoid delays that

may be caused by the container crisis. (BusinessMirror story here: https://businessmirror. com.ph/2021/06/10/phl-exportearnings-up-72-1-in-april-psa/)

Safety seal

Meanwhile, the Department of Trade and Industry (DTI) is urging establishments to secure a safety seal certification so they can expand their operating capacity.

Lopez said currently, gyms are required to have a safety seal to operate. This seal allows them to operate at 30 percent capacity.

However, Lopez said the DTI will be proposing to the InterAgency Task Force for the Management of Emerg ing Infectious Diseases (IATF-EID) that these enterprises be allowed to open even without a safety seal.

If these establishments do not yet have a safety seal, Lopez said they can only be allowed to operate at 20-percent capacity.

“It’s like, you may now open and get a safety seal even after opening, just so we avoid a situation where many enterprises make simultaneous requests to LGUs and they all cannot open yet until inspected. You know, we’re just trying to avoid the bureaucracy there,” Lopez explained.

The government considers gyms as essential, especially when it comes to the physical fitness and wellness programs of Filipinos, he added. The only reason for the stringent requirements being made on them is because of their indoor operations and the sharing of equipment in their facilities.

When these establishments open, Lopez said, apart from limited capacity, they will be required to observe the minimum public health protocols as well as improved ventilation.

“As to its essentiality, many, and I guess all, especially those who are really trying to get their exercise in gyms, will say that these are essential. [They are also] essential in the economy, although not as big as restaurants and other retail establishments. They still account for about 22,000 workers which was part of the consideration [for] why they were also opened and allowed in the decision last Thursday by the IATF,” Lopez said.

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IATF at Senate hearing

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EMBERS of the Inter-agency Task Force (IATF) on the Management of Emerging Infectious Diseases have sent word to senators they will attend Tuesday's Senate Committee of the Whole hearing on the national Covid-19 vaccine program.

Expected to be physically present are Health Secretary Francisco Duque III, vaccine czar Secretary Carlito Galvez Jr. and Interior Secretary Eduardo Ano. Sending word they are attending via videoconference are Foreign

Affairs Secretary Teodoro L. Locsin Jr. and Budget Secretary Wendell Avisado Based on the agenda issued by the office of Senate President Vicente Sotto III, senators will scrutinize the rollout of the national vaccine program, including issues of efficiency, equity in distribution and transparency in pricing of the vaccine.

Also lined up for scrutiny are the quarentine measures being implemented by the IATF. Butch Fernandez

‘HEALTHY DIETS TOO COSTLY EVEN FOR AVERAGE PINOYS’ Continued from A1

However, Filipinos consumed only 22 percent of the requirement for vegetables, 10 percent for fruits, 12 percent for eggs, 79 percent for meat and pulses, 33 percent for milk, and 29 percent for fats and oils.

This may lead to what is termed as the “hidden hunger.” The report stated that this “is a form of malnutrition caused by a lack of vitamins and minerals in the diet such as vitamin A, iron, zinc, folic acid, and iodine.”

“Collectively, micronutrient deficiencies are a leading cause of intel lectua l disabilit y and preventable blindness in children and death of women during childbirth. They can limit a person’s ability to learn, earn a living, or live a healthy life,” the report stated.

Improving this requires boosting agricultural production. The World Ba n k sa id ag r ic u lt u re growth in the country has not improved dietary diversity in the Philippines.

It added that increased food production is an important link between agricultural growth and nutrition. If overall food production is low, there is less food diversity and less nutrition in diets.

However, the World Bank noted that in improving nutrition, it matters what kind of crops are produced. If agricultural production is focused on basic cereals, this will not lead to healthier diets because these carry low nutritional content.

In the Philippines, rice production “remains at the forefront of significant government policy and spending decisions.”

The World Bank noted that under the Department of Agriculture’s budget for fiscal year 2020, the rice program received 48 percent of the budget allocated for production support services.

The sector also accounted for 53 percent of funds for extension support, education, and training services; 35 percent for agriculture equipment and facilities provision; 49 percent for research and development; and 88 percent for irrigation services.

“The vast majority of the budget of the National Irrigation Agency is devoted to single-crop rice production schemes. All of this support is for a crop that contributes only

about 18 percent of the value of agricultural production,” the report stated.

D e s p it e t h i s , m a n y p o o r households in the Philippines still spent more to buy rice. The World Bank said the poor spend 19 percent of their total food expenditure on rice.

In July 2018, a kilogram of rice cost P43 in Philippine supermarkets. This is more than double the amount paid by the Vietnamese who only pay P21 per kilo for the staple.

With the implementation of the Rice Trade Liberalization law, the government was able to bring down the cost of rice in the retail market.

However, farm-gate prices have fallen faster. With the low price, rice has crowded out the entry of more nutritious food in the Filipino diet, particularly the poor.

Policies affecting food affordability include restrictions on food imports, restrictions on land use and land market development, restrictions on entry into the freight and logistics sector.

The World Bank also said the concentration of irrigation development almost entirely on rice, and relative neglect of food crops other than rice and the public goods needed to develop those subsectors.

“While most, if not all, Filipino households can afford a diet that meets their energy needs—primarily due to their rice-heavy diet—more than one-third would not be able to afford a diet that meets their nutritional needs.

Poverty is the key factor here,” World Bank said.

In order to address these, the World Bank recommended that the government promote the diversification of production in the agriculture sector and expand the sector with a focus on value addition and specialization in key select regions.

There is also a need to improve access to markets for consumers and invest in infrastructure that lowers the cost of trade and transportation.

The World Bank also said the government should promote fortification as an entry point for improving nutrient intake in the short term and create a package of nutritionspecific and nutrition-sensitive interventions targeted to agricultural households. Cai U. Ordinario

P6-B BARMM budget for supplies questionable–group In addition to this, under the 2021 GAA, the BARMM was also given an annual appropriation of P8.6 billion, an Annual Block Grant of P71.6 billion and a Special Development Fund of P5 billion.

“Prior to the establishment of the B A R MM, the Autonomous Region in Muslim Mindanao [A R M M] was allocated an annual appropriat ion of P32.4 bil-

lion and Adjustments of P7.2 billion with Total Available Appropriations of P39.7 billion,” Marcos said. “ Thus, as compared to the ARMM appropriation of only P39.7 billion, the total BARMM allocation was higher, amounting to at least double the amount of the budget allocated to the ARMM,” Marcos said.

“Despite these allocated appropriations, there is too little progress and change in the BARMM.” “With the huge appropriations made in the GAA for 2020 and 2021, it is imperative for Congress to determine the status of the projects implemented especially since the Bangsamoro Government is still in its transition stage,” Marcos added.

Continued from A16

“It is also important for Congress to be informed on the progress of the transition process, implementation of programs and the proper utilization of funds, as well as the reasons for delay which are not attributable to the dire effects of the Covid-19 pandemic and to determine other legislative measures, if necessary, to be legislated by Congress in order to promote the longterm vision of meaningful growth in the Bangsamoro Region.”

Signed into law on July 26, 2018

by President Duterte, and effective August 10, 2018, Republic Act 11054 created the “Organic Law for the Bangsamoro Autonomous Region in Muslim Mindanao [OLBARMM].”

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The Nation BusinessMirror

CA affirms legality of ‘17 raid, search on Parojinog house in Ozamiz City

By Joel R. San Juan @jrsanjuan1573

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HE Court of Appeals (CA) has affirmed the validity of the search warrant issued by the Regional Trial Court (RTC) of Quezon City against the Parojinog family in July 2017 that led to the arrest and filing of various criminal charges against some of its members.

In a 15-page decision penned by Associate Justice Edwin Sorongon, the CA’s Special Eleventh Division junked the petition filed by Reynaldo Parojinog Jr., seeking the reversal of the orders issued by the trial court denying his motion to quash the search warrant and suppress evidence illegally obtained by law enforcers by virtue of the said warrant during a raid on their residence in Ozamiz City, Misamis Occidental, on July 30, 2017.

The operation led to a gunfight which resulted in the deaths of 16 individuals, including his father, former Ozamiz City Mayor Reynaldo Parojinog Sr. Subsequently, the petitioner was charged with illegal possession of firearms and ammunition under Republic Act 10591 (Comprehensive Firearms and Ammunition Regulation Act), illegal possession of explosives under RA 9156 (Unlawful Possession of Explosive Devices) and for possession of illegal drugs under Republic Act 9165 (Comprehensive Dangerous Drugs Act).

Parojinog Jr. filed a motion to quash, arguing that the warrant was issued by the RTC without

probable cause because the witnesses had no personal knowledge as to whether he was in possession of an unlicensed firearm.

He added the trial RTC also failed to conduct an examination through searching and probing questions before issuing the search warrants.

The petitioner also pointed out some alleged inconsistencies in the testimonies of the witnesses, which cast doubts on their veracity and accuracy.

The trial court, through QC RTC Branch 104 Presiding Judge, however, junked Parojinog Jr.’s motion to quash, saying that records reveal that Judge Cecilyn Burgos-Villavert of QC RTC Branch 89, who issued the search warrant, conducted examination of the records and affidavit of witness.

“All told, the court finds no grave abuse of discretion committed by public respondent Judge Manodon in issuing the assailed orders. To justify judicial intervention, the abuse of discretion must be so patent and gross as to amount to an evasion of a positive duty or to a virtual refusal to perform a duty enjoined by law or to act at all in contemplation of law, as where the power is exercised in an arbitrary and despotic manner by reason of passion or hostility,” the CA said in upholding the trial court’s decision.

“Herein public respondent Judge Manodon did not act in such a manner because her disposition of petitioner’s motion to quash the subject search warrant and motion for reconsideration was founded on factual and legal bases,” it added.

PNP readies safeguards to prevent cashless vote buying in 2022 polls

By Rene Acosta @reneacostaBM & Samuel P. Medenilla @sam_medenilla

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S the election season draws near, the Philippine National Police (PNP) bared plans to come up with mechanisms to prevent vote buying through online banking or cash transfer via mobile applications.

PNP Chief General Guillermo Eleazar said the PNP would start holding dialogues with concerned agencies in its effort to help ensure the safety and credibility of the 2022 national and elections elections.

“It is not far-fetched that this will happen because cashless transactions has become a practice, especially now that we have a pandemic. People who would convince the public to sell their votes would really think of this,” the PNP chief said.

“Monitoring vote-buying activities in the 2022 elections will really be a great challenge to us, but I assure the voting public that we will put in place safeguards against this practice,” he added.

Eleazar said the PNP would start

Distribution of 1M Sinovac Covid-19 vaccine on hold for lack of document

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HE Department of Health (DOH) on Monday revealed that the 1 million doses of Sinovac vaccine delivered last week to the country have been held for distribution due to lack of a certificate of analysis (COA).

Health Undersecretary Maria Rosario Vergeire said that they are awaiting for the COA that will be coming from the manufacturer.

“We cannot distribute or transport these vaccines to our recipients in different regions and local governments,” Vergeire said in an online media forum.

The COA is a requirement by the Food and Drug Administration before the vaccines are allowed to reach vaccination sites all over the country. Such certificate is needed to check if the product is in accordance with the emergency use authorization specification.

Meanwhile, Vergeire said that the over 2 million doses of AstraZeneca will be expiring in June and July were administered already.

“One hundred percent [of the AstraZeneca vaccine doses were] distributed already in different vaccination sites. There were 2.4 mil-

lion doses that were administered already and only 100,000 doses are set to be administered...we have reached our target [to administer the doses of AstraZeneca],”Vergeire reported.

Likewise, the 2.2 million doses of Pfizer vaccines, which recently arrived in the country were already distributed, including the 100,000 doses of Sputnik V. For this month, Vergeire said that they are expecting 11 million more vaccine doses that will arrive in the country like Sinovac, Sputnik V and Moderna. Claudeth Mocon-Ciriaco

PDEA submits 107 cases on drug war to DOJ panel

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HE Department of Justice (DOJ) said the Philippine Drug Enforcement Agency (PDEA) has submitted a total of 107 of its anti-drug operation cases where deaths occurred for review by a panel headed by the justice department.

Justice Secretary Menardo Guevarra said these cases are on top of the 53 case files that the DOJ-led review panel were given access to by the Philippine National Police Internal Affairs Service (PNP-IAS).

These cases involve findings by the PNP-IAS of administrative liabilities on the conduct of police officers in anti-drug operations.

He explained that the PDEA shared their case records with the DOJ because it is part of the original review panel and that they have been engaged with in anti-illegal drug operations.

The other members of the interagency panel are the Departments of Foreign Affairs and the Interior and Local Government, National Bureau of Investigation, PDEA, Dangerous Drugs Board, Presidential Management Staff, Presidential Communications Operation Office and the Presidential Human Rights Committee Secretariat.

However, DOJ Undersecretary Adrian Ferdinand Sugay said they

Editor: Vittorio V. Vitug • Tuesday, June 15, 2021 A3

are yet to go over the cases since they received them only recently.

“We are still going through PDEA’s records. As soon as we have a more or less definitive assessment, we will advise you [the media],” Sugay said.

“There were casualties [in the cases submitted by the PDEA]. And this is the reason for the review,” the DOJ official added.

The PDEA case files covers the period between July 2016 and June 2020.

Guevarra has said the panel intends to review a total of 5,655 antiillegal drugs operations where deaths occurred. Joel R. San Juan

reaching out to concerned agencies, including the Commission on Elections, so that mechanisms will be put up and created to counter vote buying through electronic money transfer services.

“We will come up with mechanisms on this,” he said, as he urged the public to help in policing the upcoming elections.

The PNP chief urged voters not to engage in irregularities as well as to report if they have information about individuals using this form of electoral fraud.

Vote buying and vote selling are violations under Section 261 of the Omnibus Election Code.

“I urge the public to be vigilant and report to authorities if they have information on vote-buying done through online platforms,”

he said. “Help us in keeping the elections clean and orderly.”

Eleazar reminded the public that politicians who will buy votes have nothing to offer for the country, but are only after their own personal interests.

The PNP chief said that once those who have bought votes are elected, they would work at nothing but recover the money that they spent in “buying the electorate.”

Voter online registration

MEANWHILE, the Commission on Elections revealed that aspiring voters will now be able to accomplish voting registration forms through their phones under the new mobile application of the Comelec.

The poll body will be launching on Tuesday its new Mobile Registration Form App in Tagum City, Davao del Norte.

Commissioner Marlon Casquejo said the app would provide a more convenient way for people, who may to register via online, but have no access to computers or the Internet.

“This will save time, effort and money that will otherwise be spent on going to a computer shop to download and print the form, or getting the form at the local Comelec to fill it out manually,” Casquejo said in a news statement.

The poll official, however, to be able to register online, registrants would still have to go to Comelec offices to complete other requirements.

“A QR [quick response] Code is generated upon successful accomplishment of the form [through the app]. You must save the QR Code on your smartphone, and afterwards, you may visit your local the Comelec office to have your QR Code scanned and your biometrics taken,” he added.

He noted those who will make use the app must comply with the following conditions: Open the mobile app, and tap “Get Started;” Select the desired type of application and tap “Proceed;” Input all the necessary personal information; Confirm your personal information by ticking the checkbox. 5. Tap “Generate QR Code” and “Save” to save it in your phone gallery. Bring a valid ID upon visiting your local Comelec office for QR Code scanning.

Casquejo said the Mobile Registration Form App is downloadable through the link, bit.ly/MobileFormApp. Since its soft launch earlier this month, the app is now in use in 500 cities and municipalities nationwide, including National Capital Region, Cebu City and Davao City.

Lawmaker reveals ‘errors’ in DepEd’s learning modules

By Jovee Marie N. Dela Cruz @joveemarie

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LAWMAKER on Monday questioned several “errors” in Department of Education’s (DepEd) learning materials, including the use of a vulgar word in distance learning module.

Following a hearing of the House Committee on Public Accounts, ACT-CIS Rep. Jocelyn Tulfo said these errors in learning modules are clearly not just isolated incidents.

“The sheer volume of mistakes and lapses discovered and exposed despite snail-paced Internet is enough proof of the low quality of teacher education, of in-service training, quality assurance, and educational management in many of our public schools, schools divisions, and schools regions,” Tulfo said.

“Making matters worse is the lack of admission by the Department of Education top hierarchy, regional directors, superintendents, supervisors, and principals that the pandemic has exposed serious flaws, not mere mistakes.

They are in denial and public apologies are either slow or sugar-coated,” she added.

In the same hearing, Education

Undersecretary Diosdado San Antonio said the DepEd has found a total of 155 errors in its learning materials used from October 2020 to June 2021.

He said majority of the errors were found in locally developed learning materials, which came from its regional offices, while some errors came from privately developed material, DepEd text book, Deped TV, and from unknown sources. “ W hen we va lid ated these errors from unknown sources [which were posted on social media] they have not been found to be used in the Department of Education,” he added.

In the hearing, Antonio CalipjoGo, a resource person, showed to lawmakers a vulgar word that was found in one of the learning materials for Grade 10 students in Pampanga.

Education Undersecretary Tonisito Umali told the committee that the “vulgar word” error is unacceptable.

He also assured lawmakers that the module has already been recalled in February.

Moreover, Tulfo said the government cannot keep students at home for too long saying, “these situations must end soon.”

“We cannot have another school

year of this. We must not. Remote learning has pushed our homes to the limits of what they can endure by being together all the time at home. Though home is truly the first school, it cannot be the only school because the entire world outside those homes is the real school. The home is a nest but time must come for everyone in that nest to venture out into the world while still have the nest to come home to,” she added.

Earlier, Bohol Rep. Kristine Alexie B. Tutor filed the proposed “Educational Textbooks Accuracy and Veracity Act,” which seeks to improve the system and process that produces the country’s textbooks for basic education to ensure the distribution of quality textbooks sans the inaccuracies, factual errors, and lapses.

Tutor said her bill “empowers the National Book Development Board to issue specific rules and regulations on educational textbook publishing,” to include: (1) the imposition of administrative penalties; (2) standards and procedures on reviewing textbooks and manuscripts; and (3) mechanisms for the correction of content as regards factual errors, inaccuracies, and flaws, but excluding editorial style.

Eleazar to Western Mindanao cops: Brace for ASG retaliatory attacks

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OLICE forces in Western Mindanao have been placed on full alert on Monday by Philippine National Police (PNP) Chief General Guillermo Eleazar in anticipation of possible attacks by the Abu Sayyaf Group (ASG) following the killing on Sunday of a sibling of notorious ASG subcommander and bomber Mundi Sawadjaan.

Eleazar directed police offices and units to be on guard against possible retaliation and sympathy attacks by the terrorist group and their allies in Mindanao as a result of the death of Al-Al Sawadjaan, Mundi’s younger

brother, during a joint operation by soldiers and policemen.

The operating team was serving a warrant of arrest against a subleader of the ASG, Injam Yadah, in Jolo, Sulu on Sunday, when Yadah and his men, who sensed the presence of the policemen and soldiers, fired at the team, triggering a firefight.

Yadah, a subleader of the ASG who became notorious for his involvement in kidnap for ransom cases, died during the operation, along with three of his men that included Al-Al. “I am tasking the local police to go on full alert because we are ex-

I am tasking the local police to go on full alert because we are expecting that the remaining members will retaliate, especially that one of those killed during the encounter was a brother of Mundi Sawadjaan.

PNP Chief Guillermo Eleazar

pecting that the remaining members

BM

will retaliate, especially that one of

those killed during the encounter was a brother of Mundi Sawadjaan,” Eleazar said.

Mundi, a leader of the ASG who had allied his group with the Islamic State, was involved in the Jolo Cathedral suicide bombing in 2019 that was carried out by an Indonesian couple and in the twin suicide attacks in Jolo last year that targeted soldiers.

During the law enforcement operations against Yadah, the operating team seized firearms and homemade bomb components.

Eleazar assured that the police and military will further intensify

their joint operations to capture Mundi and the remaining members of the ASG. “We are doubling our efforts to capture Mundi and his men. We will intensify our coordination with the Armed Forces of the Philippines as well as our intelligence gathering efforts to combat this group and stop their attacks on innocent civilians,” he said.

The PNP chief also urged the public to remain vigilant and immediately report to authorities if they have information that can help locate the terrorists. Rene Acosta

A4 Tuesday, June 15, 2021 • Editor: Vittorio V. Vitug

Economy BusinessMirror

Manila-Bucharest pact paves way for hiring of more OFWs to Romania, DOLE chief says

By Samuel P. Medenilla

M

@sam_medenilla

ORE overseas Filipino workers (OFW) may soon be deployed in Romania following the signing of a memorandum of understanding (MOU) between the Department of Labor and Employment (DOLE) with the Romanian government.

In a news statement issued on Monday, Labor Secretary Silvestre H. Bello III said the bilateral agreement was signed last week and aims to strengthen existing bilateral relations of the country with Romania.

Romania is currently eyeing to hire additional hotel caregivers and skilled migrant workers from coun-

tries like Vietnam, Nepal, India and the Philippines.

DOLE’s International Labor Affairs Bureau (ILAB) Director Alice Visperas said they will be meeting with their Romanian counterparts later this month to finalize the details of the MOU. “So the number of job orders [for OFWs] may come after that,”

Visperas told the BusinessMirror in a phone interview.

She said among the details they are still ironing out are the potential salaries for overseas Filipino workers (OFW) to be deployed in Romania.

The newly signed MOU is the country’s first bilateral accord with Romania and the 7th in Europe after United Kingdom, Germany, Czech Republic, Switzerland, Italy, and Spain.

Currently, there are about 1,500 OFWs, who are mostly employed in health and safety and transportation companies in Romania.

Aside from job vacancies, the MOU, Bello said, is also expected to “foster the exchange of expertise, good practices, and information between the two countries, particularly in the areas of labor and employment relations; social security and protection; labor migration; and occupational safety.”

“The MOU signing will significantly improve labor relations between the Philippines and Romania,” Bello said.

Bill seeks to boost RE investments

By Butch Fernandez @butchfBM

S

EN. Sherwin T. Gatchalian, eyeing to draw more investments in renewable energy (RE), sought to remove the 100-kilowatt (kW) size limit in installing power generation facilities under the net metering program.

In filing the enabling legislation under Senate Bill 2219, Gatchalian aims to attract large power consumers to invest in the electricity sector developing the use of indigenous and RE resources.

To do this, Gatchalian’s bill seeks to remove the 100 kW size limit in the installation of power generation facilities under the net metering program.

“Removing the 100-kilowatt cap will allow large electricity consumers such as commercial establishments, industrial buildings, and government offices to avail of the net-metering program under Republic Act 9513, otherwise known as the Renewable Energy Act of 2008,” the senator said.

He added that this will, in turn, “encourage more investments in RE while, at the same time, provide support in terms of savings to industries that have the capacity to install power generation facilities such as solar panels on their rooftops.”

The senator foresees that “the rooftop now becomes a resource.”

“Kung mayroon kang [your] rooftop, it’s as good as real-es-

Removing the 100-kilowatt cap will allow large electricity consumers such as commercial establishments, industrial buildings and government offices to avail of the net-metering program under Republic Act 9513, otherwise known as the Renewable Energy Act of 2008.

BM

Sen. Sherwin T. Gatchalian tate kasi puwede kang magkabit doon ng panels at [you may be able install panels and] generate revenue,” he added.

Gatchalian, sitting as chairman of the Senate Energy Committee, noted: “Rooftops no longer just serve to shelter your property. It could also serve as a means to cut power costs.

But that can’t be accomplished yet because of the existing limitation of the law,” he said in Filipino.

Moreover, Gatchalian recalled he was also prompted to file Senate Bill 2219 after noting that the net-metering program is not maximized as only 53 or 37.32 percent out of the 142 distribution utilities (DUs) are qualified end-users for net-metering as of March 31, 2021.

Apart from removing the 100kW cap, Gatchalian’s bill mandates the Energ y Reg u lator y Commission to regularly determine the cap taking into consideration the possible effects

on the stability of the grid and the retail rates of captive customers and further streamline the submissions and permitting process to include minimum requirements for local government units, all under the time frames provided in Republic Act 11234, otherwise known as the Energy Virtual One Stop-Shop Act. He added that the remedial legislation seeks to further promote and encourage commercial development of RE projects, noting that Republic Act 9513 provided the net-metering program where electricity customers are allowed to install an RE facility within their premises up to a capacity of 100 kW and any excess electricity not consumed is exported to a DU and in return, the customer is compensated through credits in their monthly bill.

At the same time, Gatchalian said that RE installations above the 100 kW ceiling are not covered by the net-metering program.

www.businessmirror.com.ph

What’s new regarding data privacy protection rules in the region? companies operating in the region under a single system, reducing data transfer costs associated with complying with varying international privacy rules.

By Henry J. Schumacher

N

ATIONAL Privacy Commission of the Philippines (NPC) creates “privacy

mark.”

The NPC said it will be rolling out a voluntary certification scheme to monitor companies’ compliance with international privacy standards. The certification program, including a “privacy mark,” is aimed at helping companies build up their reputations for protecting privacy.

Companies should invest in earning certifications and seals of approval from the NPC. The incentive is recognition for excellence for achieving a higher level of accountability. The NPC said certifications for compliance with Apec (Asia Pacific Economic Cooperation) crossborder privacy rules would also give firms a pathway to global markets.

NPC is partnering with bilateral, regional and international organizations for global data transfer mechanisms to ensure the free and secure flow of data from and into the Philippines.

Inclusion in the cross-border system would allow companies to transfer data to other certified

Privacy war on mobile applications There are some of the changes to the data privacy/protection laws in the region: Thailand has delayed full implementation of the Personal Data Protection Act (PDPA) by a year due to the pandemic and the legislation’s related processes have not been settled yet. Meanwhile, in Singapore, the new amendments to the PDPA took effect in February 2021.

There has been a great deal of interest in privacy issues concerning mobile applications. We saw a growing public and media interest regarding the intrusiveness of mobile apps, as well as privacy concerns surrounding them. Reputable media platforms such as Money FM Singapore and BFM Malaysia reached out for radio interviews on dangerous permissions of mobile apps, including Apple’s privacy nutrition label and Apple’s App Tracking Transparency (ATT).

It is heartening to note that there has been greater awareness surrounding data privacy and the inclusion of apps.

NPC will enforce penalties for data privacy violations NPC is now gearing towards a stricter regulatory environment with penalties ranging up to P4 million in fines per incident of violation and up to seven years of imprisonment. Companies in the Philippines better shape up regarding data privacy protec-

tion! Training and automation in privacy protection is available.

Ask for support.

Insider data breach and risks Critical digital assets such as personal, company data and financial data that enable e-commerce are becoming increasingly vulnerable due to exponential growth in online transactions, variations in regulatory requirements, business partnerships and outsourcing of services.

These lead to an increased risk in the compromise of the security of data and/or data breach across all industries globally. According to an analysis of cyber security claims made to the insurance company Chubb in the past 10 years, employee-related incidents (insider) account for a significant percentage of the claims. What are internal risks? This is an employee or third-party vendor that has access to a company’s network.

Covid-19 and data protection Almost everywhere we go, we are required to have our contact tracing apps scanned or we may have to manually fill in some logbook or contact tracing sheets and provide our age, place of residence, email address, contact number, and health and travel information. The big question: what happens with the information, who is using it beyond the original Covid-19 tracking system? We have to watch our data carefully and rely on the data privacy protection systems as a support.

There is no question that we have to observe the new rules in the Philippines and other places in the region carefully. Feedback is welcome; contact me at hjschumacher59@gmail.com

LGUs urged to finance P12.28-B fisheries program

F

OOD security advocacy group Tugon Kabuhayan urged the local government units (LGUs) to bankroll a P12.28-billion fisheries modernization program to improve the capabilities of municipal fishers and increase their productivity.

The group made the proposal as it joined other fisheries groups calling for the rejection of House Bill 8550 that seeks to allow commercial fishing inside municipal waters that has less than 10.1 kilometers of municipal water area.

The group argued that the socioeconomic benefits of improving the municipal fishing fleet even just 10 percent of the 245,481 registered vessels would be far greater than of allowing commercial fishing vessels inside municipal waters.

The group explained that their proposal could be financed by the LGUs in light of the effectivity of the Mandanas-Garcia ruling next year, which would hike the budget of LGUs by P234 billion.

“Thecostofthisprogramtoupgrade

and rehabilitate 24, 548 or 10% of the registered municipal fishing vessel is around P11.046 billion to P12.28 billion; and if designed for completion in 6 years, only P1.84 billion [to] P2.045 [billion] is needed each year,” the group said. The group proposed that the municipal fishers be equipped with three-gross tons vessels fitted with gear and cargo hold capable of storing 500 kilograms.

If 10 percent of the municipal fishers or about 24,548 would have this type of vessels their total annual fish catch would be 1.991 million metric tons, which is higher than the 1.927 MMT recorded production of the commercial and marine municipal production last year, the group added.

“If the government will help upgrade the municipal fisherfolk’s productivity, the vessel should be made from fiber glass material, fitted with flotation chambers, and has separate compartments for ice and fish that will maintain the quality of the fish,” it said.

“Ifwedesignthesemunicipalfishing

vessels properly, they have the potential of operating beyond these waters, enabling them to catch more fish and, at the same time decrease the pressure on the municipal waters,” it added.

The group together with PANGISDA noted that the entry of commercial fishing vessels in municipal waters has resulted in decline of catch as seen in the past.

PANGISDA President Pablo R. Rosales pointed out that the government shouldfocusitsresourcesprovidingmunicipal fisherfolk with efficient equipment that would help them improve their income and rise from poverty.

Dr. Lemnuel Aragones, professor and former director of the University of the Philippines Institute of Environment and Meteorology, noted that allowing commercial fishers within municipal waters would worsen the continuous decline in the average catch in these waters. Aragones explained that the average catch per unit effort by municipal fishers has declined to 2 kilograms today from 10 kilograms in the 1950s. Jasper Emmanuel Y. Arcalas

DepEd OKs payment of public-school teachers’ ₧5,000 allowance

By Claudeth Mocon-Ciriaco @claudethmc3

A

S part of the agency’s efforts to provide every need of teachers amid the Covid-19 pandemic, the Department of Education (DepEd) is set to release the P5,000 cash allowance of classroom teachers for the school year (SY) 2021-2022.

“With the help of Congress, the department is continuously pushing for better financial support for our public-school teachers. This year is actually the start of the staggered increase for our teachers’ cash allowance who are truly committed to deliver quality education despite the pandemic,” Secretary Leonor Magtolis Briones said after the DepEd

and the Department of Budget and Management (DBM) issued a Joint Circular (JC) on the implementation of DepEd-Office of the Secretary Special Provision 11 for fiscal year 2021 General Appropriations Act (GAA) on cash allowance.

In the JC, classroom teachers will receive a P5,000 cash allowance intended for the purchase of teaching supplies and materials, tangible or intangible; for the conduct of various modes of learning, Internet, and other communication expenses; and for their annual medical examination expense.

Cash allowance shall be given to entitled public-school teachers not earlier than the official start of every school year or as may be decided by the Education Secretary

or designated authorities in cases of emergencies.

Undersecretary for Finance Annalyn Sevilla mentioned that the date of the opening of classes is important for the release of the cash allowance.

“Importante po na magkaroon tayo ng desisyon kung kailan ’yung susunod na school year calendar dahil ihahanda din po namin sa finance ang pagbibigay ng cash allowance para sa ating mga guro [It is important for us to decide the schedule of the next school calendar year so that we can prepare the distribution of the cash allowance]. Last year, it is P3,500, but this year this is now P5,000. Also there is transportation and teaching aid allowance for our Alternative Learning Service [ALS] teachers,” Sevilla said.

The circular will cover all perma-

nent and provisional public-school teachers, including ALS Mobile and District ALS Coordinators, in all public elementary, junior, and senior high schools, and community learning centers.

In line with this, teachers who are in service in the department as of the official first day of the school year up to 30 calendar days after the start of school year are entitled to full cash allowance, while teachers whose assumption to duty is beyond 30 days after the school year will also be entitled to such but on a pro-rata basis.

Meanwhile, public-school teachers with no teaching load, absence without leave, who are on an indefinite leave of absence, maternity leave, study leave, guilty of any offense

in connection with their work, and those who no longer in service as of the official start of the school year are not entitled to the grant of the cash allowance.

However, those who resume their duties after their leave and are assigned with at least one teaching load with the current school year will be entitled to cash allowance on a prorata basis.

The pro-rated payment of the cash allowance will be based on the date of assumption to the duty from the date of opening of classes.

Those who assumed duties within the first 30 days will receive 100 percent of allowance amounting to P5,000; 80 percent or P4,000 for those after the first 30 days but not more than 90 days; 50 percent or

P2,500 for those after 90 days but not more than 150 days; and 20 percent or P1,000 for those after 150 days until the end of the school year.

DepEd also showcased its #MeronAko campaign, in line with the recent observance of Menstrual Hygiene Day recently.

DepEd’s Water, Sanitation, and Hygiene (WASH) in Schools Program, or WinS #MeronAko campaign focuses on educating learners, teachers, and schools about Menstrual Hygiene Management (MHM).

The MHM refers to women and adolescent girls using clean hygienic materials to absorb and collect menstrual blood. It also includes having access to facilities where they can clean themselves and change menstrual pads in privacy.

News BusinessMirror

www.businessmirror.com.ph

Tuesday, June 15, 2021 A5

Locsin: Duterte suspends VFA abrogation by 6 months more

By Recto L. Mercene @rectomercene

F

OREIGN Affairs Secretary Teodoro L. Locsin Jr. said Monday night President Duterte has told him of his decision to extend the suspension of the abrogation of the Visiting Forces Agreement (VFA) by another six months, “while he studies and both sides further address his concerns regarding particular aspects of the agreement.”

Locsin made the statement shortly after his meeting with President Rodrigo Duterte and Ambassador to Washington, Jose Manuel Romualdez.

Locsin, in his brief statement, did not say where the meeting took place.

Marie Yvette Banson-Abalos of the

DOLE order widens benefits for female biofuel workers

F

EMALE biofuel workers engaged in the processing coconut as feedstock will be getting additional benefits from the Department of Labor and Employment (DOLE).

In his Department Order (DO) 225, Series of 2021, Labor Secretary Silvestre H. Bello III expanded the benefits of the said workers that may include maternity and death benefits.

“Under social protection and welfare benefits, meanwhile, qualified female coco or biodiesel workers can now avail of the one-time maternity benefit amounting to P5,000,” Bello said in a news statement issued on Monday.

As for the death, benefit, it could be availed of by coconut farmers and farmworkers and employees of Department of Energy-accredited coco methyl ester (CME) plants, the labor chief said.

The benefit will be equivalent to P7,000 and an additional P3,000 if the cause of death has been exacerbated by or due to novel coronavirus disease (Covid-19).

DO 225 also allowed the release of start-up capital to be given to the said workers not only in kind, but also in cash.

The assistance is given to the biofuel workers through the Social Amelioration and Welfare Program (SAWP) of DOLE, which makes use lien from CME producers amounting to P0.05 per liter of CME sold to oil companies.

Samuel P. Medenilla

DFA Strategic Communications Office, when asked about the “particular concerns” the President was referring to, said, “We are waiting for guidance from the Palace on the specific areas the President would like to look more closely into.”

Asked further whether the US Embassy has been notified of the President’s decision, she said, “The DFA has to check with our American Affairs office first on what the official reckoning date will be,” adding, “usually it is from the time the other party has been officially notified.”

Inked in 1998, the VFA is the first of two agreements between Washington and Manila about the treatment of their troops when they are in the US or the Philippines.

Duterte earlier threatened to

scrap the VFA in 2019 and even went as far as demanding payment to keep the pact.

Philippine and US officials have since met to iron out differences over the deal.

The VFA was supposed to be scrapped on August 9, 2020 after Duterte ordered Locsin to serve a notice of abrogation on the US Embassy, but the Philippine government on June 1, 2020 suspended its pending termination in light of “political and other developments in the region.”

The suspension was given an initial six-month timeline until December, but a diplomatic note earlier shared by Locsin said it could also be extended for another half a year.

On November 11, 2020, Locsin announced that the Philippines will

‘Nicotine not main cause of malady’

S

CIENCE has shown that burning or the combustion process when smoking a cigarette is what produces harmful constituents that cause disease, not nicotine.

This was the message that Dr. Victor Joseph Yamat, Scientific Affairs Manager of PMFTC Inc., conveyed during the American Chamber of Commerce Business Innovation Forum 2021 dubbed Redefining the Future held online on June 10, 2021.

The local affiliate of Philip Morris International (PMI), PMFTC Inc. participated in the virtual event along with experts of various fields to share insights on how businesses can leverage technological innovations to transform industries.

Yamat said nicotine, though not risk free is not the culprit. “Nicotine is found naturally in tobacco. It’s addictive and not risk-free. But it’s not the main cause of smoking-related diseases,” he revealed.

He noted that there are 16 million smokers in the Philippines now and the prevalence of smoking continues around the world. ​ “Despite the regulations imposed, it is estimated that by 2025, there will still be 1.1 billion smokers worldwide,” he said, citing estimates of the World Health Organization. ​ Yamat said, “Our best opportunity to contribute to positive change is clear: we need to innovate and innovate responsibly.”

Yamat was referring to PMI’s earlier pronouncement of “Delivering a smoke-free future.” He said this corporate vision has a very specific goal: to provide the world’s adult smokers, who would otherwise continue to smoke, with smoke-free alternatives. ​ “Scientific evidence has shown that burning is indeed the main problem.​ The reality is the moment we light anything on fire we practically open up a chemical factory. This

applies to the tobacco in a cigarette.

The fuel in a car. Or the wood in a stove. ​ Studies have shown that as the temperature of tobacco increases, the levels of harmful chemicals being formed also increases. ​T he onset of combustion is actually at around 400 degrees Celsius. This is why there is a movement across sectors to reduce and eliminate combustion or burning in the equation,” he said. ​ For PMI, Yamat said, “This means replacing cigarettes in the markets in which we operate with smoke-free alternatives. While not risk-free, these products are a far better choice than continued smoking.” ​Since 2008, PMI has invested $8.1 billion into Research and Development (R&D), which is 99 percent of the company’s total R&D expenditure. “We support an R&D team of 934 scientists, engineers, and technicians. We have 1,300 patents granted for our smokefree technologies, and we have over 350 peer-reviewed studies,” he said.

This, according to Yamat, is a testament to PMI’s commitment to put science at the forefront as the company continues its quest.

“At PMI, we believe that responsible innovation through science and data results in solutions that benefit our consumers,” he said.

Differentiating smoke-free alternatives and cigarettes, Yamat said smoke-free alternatives are exactly what it says on the name—they don’t burn tobacco. They don’t create smoke and they only produce vapor and has no ash. On the other hand, cigarettes burn tobacco and produces smoke and ash. ​ Examples of smoke-free products are heated tobacco products (HTPs) and vapes or e-cigarettes. HTPs like PMI’s IQOS heats real tobacco without burning it. Nicotine is naturally present in the tobacco. Meanwhile, e-cigarettes vaporize e-liquid. Vapes

Lawyers’ groups weighs ₧260-B losses from tobacco-linked disease vs taxes

C

ITING data from the Southeast Asia Tobacco Control Alliance (Seatca), the ImagineLaw said on Thursday the country loses at least P260 billion annually to tobacco-related health-care cost and productivity losses.

“The tobacco industry is an economic liability.... Corporate social responsibility [CSR] and donations from tobacco companies are insignificant compared to the real costs of smoking,” Atty.

Anna Bueno, ImagineLaw policy associate, said.

Aside from killing 117,000 Filipinos every year due to cigarettes and second-hand smoke, the group noted that tobacco-related healthcare costs took away 65.80 percent of the country’s gross domestic product in 2012, according to the law group.

And, while the country loses at least P260 billion yearly due to tobacco-related health-care costs,

hold off for another six months the abrogation of the agreement upon Duterte’s order.

Locsin said the move would enable both parties to come up with a “more enhanced” and mutually beneficial arrangement on defense matters.

“My President, Rodrigo Roa Duterte, has instructed me to convey with the appropriate formality his decision to extend the suspension of the abrogation of the Visiting Forces Agreement by yet another 6 months, to enable us to find a more enhanced, mutually beneficial, mutually agreeable, and more effective and lasting arrangement on how to move forward in our mutual defense,” the country’s top diplomat wrote in a note addressed to White House National Security

it cited Bureau of Internal Revenue data showing taxes collected from cigarettes amounted to P148.45 billion in 2020.

Despite these alarming numbers, the tobacco industry continues to sell and market a product that kills half of its users, according to the law group.

“In the time of a pandemic where it has been shown that smokers are at a greater risk of severe Covid-19 outcomes, tobacco companies’ CSR activities are nothing but distractions and a way to relax tobacco control policies,” Bueno also said.

Tobacco-related illnesses translate to financial losses in the work force, they added.

“These illnesses force an individual to temporarily or permanently stop going to work, contributing to major losses in human productivity,” the lawyer said adding, “The Philippines is losing so

much to the tobacco industry. We are not only talking about billions of pesos, we are also losing dreams and aspirations. Imagine a father, who has just entered the productive years of his life, falling victim to a lung disease caused by smoking,” she said.

The law group believes tobacco companies should be held liable by the government for making smokers and secondhand smokers more susceptible to severe Covid-19 symptoms.

“Now, more than ever, the government needs to remain steadfast against moves by the tobacco industry to interfere with our public health policies. These policies should be upheld and their implementation strengthened. What we urgently need is a stronger public health system, not tactical donations that are only meant to take away our resources and lives,” she concluded.

Cai U. Ordinario

Adviser Robert O’Brien.

In February this year, Duterte sought public opinion on the VFA,

doesn’t have real tobacco, and the nicotine in it is derived from tobacco that’s added in the e-liquid. Both HTPs and vapes do not produce ash or smoke. ​ Yamat, however, clarified that smoke-free products are not risk-free and are addictive. “They are only for adult smokers who do not want to quit and who would otherwise continue smoking. And let me reiterate that the best choice a smoker can make is to quit cigarettes and nicotine entirely.” Yamat said. ​Inter na l resea rc hes by PMI showed a positive change in markets where IQOS is available to adult consumers.

“As of December 31, 2020, we estimate that there were close to 18 million IQOS users, of which 72 percent—or nearly 13 million— had switched to IQOS and stopped smoking, with the remainder in var ious stages of conversion,” Yamat said. ​ “Cigarette volumes declined in markets where we’ve introduced IQOS such as in Japan, where the rate of decline in cigarette sales increased five-fold following the introduction of our smoke-free product, according to a study by the American Cancer Society,”​he said.

Yamat said they consider nicotine as the key to accelerating the end of smoking. “It’s difficult to envision how a world without cigarettes can be achieved in a timely manner without non-combustible alternatives. Education about what nicotine is—and what it is not—is required to accelerate innovation and progress.” ​ “With this, we’re hoping that we’ll be able to help the 16 million smokers in the Philippines. And we’re happy to note that there are 1 million Filipinos already using smoke-free alternatives,” he said.​

Fuel prices to rise anew

By Lenie Lectura

P

@llectura

UMP prices are going up starting Tuesday, oil companies announced.

They said in separate advisories that gasoline products will increase

by P0.50 per liter, diesel also by P0.40 per liter and kerosene by P0.30 per liter.

Seaoil, Caltex, Pilipinas Shell, Phoenix Petroleum, Petron Corporation, said they will adjust their prices at 6am, June 15.

Cleanfuel will implement the same price adjustment at 4:01 p.m.

Last week, gasoline prices went up by P0.20 per liter for gasoline prices, P0.55 per liter for diesel and P0.60 per liter for kerosene. Last June 8, oil firms also raised gasoline prices by P0.80 per liter, diesel by P0.40 per liter and kerosene by P0.25 per liter.

Oil companies adjust their pump prices weekly to reflect movement of international oil prices.

while admitting he has not decided on whether to continue with its abrogation or not.

BusinessMirror

A8 Tuesday, June 15, 2021

ESTABLISHMENT / ADDRESS NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION 8 STONE BUSINESS OUTSOURCING OPC 5/f To 10/f, Tower 4 Pitx #01 Kennedy Road Tambo Parañaque City LI, SHITIAN Mandarin Customer Service Representative No.

1.

Brief Job Description: Interact with customer to provide information, support and problem resolution to inquiries and order status LIU, YU Mandarin Customer Service Representative

2.

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Fluent in Mandarin both oral and written

ASIAN TECHNOLOGY SERVICES, INC. 11/f Tower 2 Double Dragon, Macapagal Blvd. Brgy. 076 Pasay City

19.

Brief Job Description: To assist customers regarding their queries and promotions PARK, JINSUNG Korean Customer Service Representative

20.

Brief Job Description: To assist customers regarding their queries and promotions

22.

23.

24.

21.

Brief Job Description: Offer full range of customer service to employer and clients.

25.

Brief Job Description: Offer full range of customer service to employer and clients.

WANG, HONGWEI Mandarin Customer Service

26.

Brief Job Description: Offer full range of customer service to employer and clients.

WU, MINGDI Mandarin Customer Service

27.

Brief Job Description: Offer full range of customer service to employer and clients.

YANG, SIHUA Mandarin Customer Service

28.

Brief Job Description: Offer full range of customer service to employer and clients.

JIA, JIANJUN Mandarin Language Specialist

29.

Brief Job Description: Perform quality audit and translations in technical and non-technical issues reported by users or systems SHI, FENGCHANG Mandarin Language Specialist

30.

Brief Job Description: Perform quality audit and translations in technical and non-technical issues reported by users or systems WANG, YADONG Mandarin Language Specialist

31.

Brief Job Description: Perform quality audit and translations in technical and non-technical issues reported by users or systems WANG, BIN Mandarin Language Specialist

32.

33.

Brief Job Description: Perform quality audit and translations in technical and non-technical issues reported by users or systems ZHANG, YU Mandarin Language Specialist Brief Job Description: Mandarin language specialist

CHEN, DI Mandarin Language Specialst 34.

Brief Job Description: Perform quality audit and translations in technical and non-technical issues reported by users or systems

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE

No.

Basic Qualification: At least college level and able to speak, read write and type fluently in Mandarin language.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: At least college level and able to speak, read write and type fluently in Mandarin language.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: At least college level and able to speak, read write and type fluently in Mandarin language.

ZHAO, XIMIN Field Sales Consultant 38.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: At least college level and able to speak, read write and type fluently in Mandarin language.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: At least college level and able to speak, read write and type fluently in Mandarin language.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in Mandarin language and has excellent communication skills both in written and oral.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in Mandarin language and has excellent communication skills both in written and oral.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in Mandarin language and has excellent communication skills both in written and oral.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in Mandarin language and has excellent communication skills both in written and oral.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in Mandarin language and has excellent communication skills both in written and oral.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in Mandarin language and has excellent communication skills both in written and oral.

Brief Job Description: The one responsible to get the sale using various customer sales methods

ZHANG, HONGJUN General Trade Marketing Specialist Consultant 39.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: At least college level and able to speak, read write and type fluently in Mandarin language.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: At least college level and able to speak, read write and type fluently in Mandarin language.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

Brief Job Description: Responsible for developing and executing commercial strategies.

ZHANG, LIN General Trade Marketing Specialist Consultant 40.

Brief Job Description: Responsible for developing and executing commercial strategies.

YANG, YUZHUANG Key Accounts Specialist Consultant 41.

Brief Job Description: Oversee the relationships of the company with Chinese clients; responsible for obtaining and maintaining long term key customers by comprehending their requirements

YIN, YAOQING Key Accounts Specialist Consultant 42.

Brief Job Description: Oversee the relationships of the company with Chinese clients; responsible for obtaining and maintaining long term key customers by comprehending their requirements

SUN, YU Marketing And Sales Agent 47.

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

JI, LIJIANG Customer Support Trainor 35.

Brief Job Description: Responsible for overall training of new customer support representative

MA, MINGYANG Customer Support Trainor 36.

Brief Job Description: Responsible for overall training of new customer support representative

LI, YAWEI Field Sales Consultant 37.

Brief Job Description: The one responsible to get the sale using various customer sales methods

Basic Qualification: Can develop digital and print educational material can facilitate new hires basic sales training courses including communication and trouble shooting skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Can develop digital and print educational material can facilitate new hires basic sales training courses including communication and trouble shooting skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Can research accounts and generate or follow through sales leads; can valuate customer skills, needs and buils productive long lasting relationships; can meet personal and team sales agents Salary Range: Php 30,000 - Php 59,999

QUALIFICATION AND SALARY RANGE Basic Qualification: Can research accounts and generate or follow through sales leads; can valuate customer skills, needs and buils productive long lasting relationships; can meet personal and team sales agents Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Can Work as an independent consultant to provide marketing expertise to clients; Can research industries, markets, demographics, trends, sales results, and other data related to the client’s products or services.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Can Work as an independent consultant to provide marketing expertise to clients; Can research industries, markets, demographics, trends, sales results, and other data related to the client’s products or services.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Can develop strong positive relationships with executive and management contacts; able to speak and communicate using Mandarin.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Can develop strong positive relationships with executive and management contacts; able to speak and communicate using Mandarin.

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

CONDUENT BUSINESS SERVICES PHILIPPINES, INC. 7f One E-com Building Palm Coast Avenue Mall Of Asia Complex Pasay City Basic Qualification: Contributes to the PRADHAN, RISHI RAJJ development and Vice President, Country Leader implementation of strategic 43. roadmap to build capabilities Brief Job Description: within the country Leads a significant country within the company Salary Range: Php 500,000 and above DEXIN INTERNATIONAL IMPORT AND EXPORT CORP. 534 Tomas Mapua St. 029 Bgy. 298 Santa Cruz Manila XU, HAIQIANG Basic Qualification: Chinese Cargo Office Agent Have skills in documentations 44.

Brief Job Description: Salary Range: Prepare airline and custom documentation Php 30,000 - Php 59,999 ZHANG, XUANZHANG Basic Qualification: Chinese Cargo Office Agent Have skills in documentations 45.

Brief Job Description: Salary Range: Prepare airline and custom documentation Php 30,000 - Php 59,999 EASTERN GOLD CORPORATION 503 Nueva St Binondo Manila Basic Qualification: Can contributes information, OU, JINLONG ideas, and research to help Marketing And Sales Agent develop marketing strategies; can help to detail, design, 46.

Brief Job Description: and implement marketing Researches and develops various marketing strategies for plans for each product or products and services and implements marketing plans service being offered. and works to meet sales quotas Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Researches and develops various marketing strategies for products and services and implements marketing plans and works to meet sales quotas

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

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

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

Brief Job Description: Offer full range of customer service to employer and clients.

WANG, PU Mandarin Customer Service

BIG EMPEROR TECHNOLOGY CORP. 5f-13f, Jiaxing Tower Building Aseana Avenue, Aseana Business Park Tambo Parañaque City Eastfield Center Cbp1, Macapagal Blvd. Brgy. 076 Pasay City HUANG, XINDING Mandarin Customer Service

Brief Job Description: Offer full range of customer service to employer and clients.

MA, ZHENG Mandarin Customer Service

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

Basic Qualification: At least college level and able to speak, read write and type fluently in Mandarin language.

Brief Job Description: Offer full range of customer service to employer and clients.

LIU, ZHENHUA Mandarin Customer Service

Basic Qualification: 21 years old and above, fluent in Korean language

Basic Qualification: 21 years old and above, fluent in Korean language

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION LI, GUIPENG Mandarin Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Fluent in Mandarin both oral and written

Brief Job Description: Interact with customer to provide information, support Salary Range: and problem resolution to inquiries and order status Php 30,000 - Php 59,999 ANOC99 CORPORATION 5/f To 10/f Ayala Malls Manila Bay Building D. Macapagal Blvd. Cor. Aseana Street Tambo Parañaque City Basic Qualification: BUI QUANG TUYEN Able to Speak, Read, and Chinese Customer Service Write Chinese Language 3.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 30,000 - Php 59,999 Basic Qualification: JIN, RONGRONG Able to Speak, Read, and Chinese Customer Service Write Chinese Language 4.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 30,000 - Php 59,999 Basic Qualification: KYEIN KWAN KYU Able to Speak, Read, and Chinese Customer Service Write Chinese Language 5.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 30,000 - Php 59,999 Basic Qualification: LE VAN KHANH Able to Speak, Read, and Chinese Customer Service Write Chinese Language 6.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 30,000 - Php 59,999 Basic Qualification: LI, YONGPENG Able to Speak, Read, and Chinese Customer Service Write Chinese Language 7.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 30,000 - Php 59,999 Basic Qualification: LIU, HAOFEI Able to Speak, Read, and Chinese Customer Service Write Chinese Language 8.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 30,000 - Php 59,999 Basic Qualification: NGUYEN DUC HOA Able to Speak, Read, and Chinese Customer Service Write Chinese Language 9.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 30,000 - Php 59,999 Basic Qualification: TANG, SHOUCAN Able to Speak, Read, and Chinese Customer Service Write Chinese Language 10.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 30,000 - Php 59,999 Basic Qualification: TRINH THI THUY Able to Speak, Read, and Chinese Customer Service Write Chinese Language 11.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 30,000 - Php 59,999 Basic Qualification: WANG, ZHENHU Able to Speak, Read, and Chinese Customer Service Write Chinese Language 12.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 30,000 - Php 59,999 Basic Qualification: YANG, CHENGCHENG Able to Speak, Read, and Chinese Customer Service Write Chinese Language 13.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 30,000 - Php 59,999 Basic Qualification: YEE TAL CHAN Able to Speak, Read, and Chinese Customer Service Write Chinese Language 14.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 30,000 - Php 59,999 Basic Qualification: ZHANG, JIAXIANG Able to Speak, Read, and Chinese Customer Service Write Chinese Language 15.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 30,000 - Php 59,999 Basic Qualification: HUANG, YIHUI Able to Speak, Read, and Chinese Customer Specialist Write Chinese Language 16.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 60,000 - Php 89,999 Basic Qualification: LIAO, YICHUAN Able to Speak, Read, and Chinese Customer Specialist Write Chinese Language 17.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 60,000 - Php 89,999 Basic Qualification: WENG, QINGKUAN Able to Speak, Read, and Chinese Customer Specialist Write Chinese Language 18.

Brief Job Description: Salary Range: Managing incoming calls and customer service inquiries Php 60,000 - Php 89,999

JANG, YONGHUN Korean Customer Service Representative

No.

www.businessmirror.com.ph

WANG, XINGKAI Marketing And Sales Agent 48.

Brief Job Description: Researches and develops various marketing strategies for products and services and implements marketing plans and works to meet sales quotas

Basic Qualification: Can contributes information, ideas, and research to help develop marketing strategies; can help to detail, design, and implement marketing plans for each product or service being offered.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Can contributes information, ideas, and research to help develop marketing strategies; can help to detail, design, and implement marketing plans for each product or service being offered.

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

FIRST GREAT COMPUTER TECHNOLOGIES INC. Lot 5 Sta. Agueda Cor. Queensway Pagcor Drive Sto. Niño Parañaque City

49.

50.

51.

HUANG, MOYI Mandarin Customer Service Brief Job Description: To provide customer service SHEN, JIANGHUA Mandarin Customer Service Brief Job Description: To provide customer service

WANG, JINCHUAN Mandarin Customer Service Brief Job Description: To provide customer service

Basic Qualification: Knowlegabble in managing incmonig calls Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowlegabble in managing incmonig calls Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowlegabble in managing incmonig calls Salary Range: Php 30,000 - Php 59,999

BusinessMirror

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE

FLYING DRAGON NETWORK PHILIPPINES INC. Malate Bayview Mansion 1781 M. Adriatico Street 076, Brgy. 699 Malate Manila 4th-11th Floor Aseana 3 Building Aseana Avenue Corner Diosdado Macapagal Tambo Parañaque City Basic Qualification: KHOO SIOW CHI Fluent in Oral and Written Chinese Customer Service Mandarin and English 52.

Brief Job Description: Salary Range: Assisting clients by providing information on service Php 30,000 - Php 59,999 Basic Qualification: LI, TAO Fluent in Oral and Written Chinese Customer Service Mandarin and English 53.

Brief Job Description: Salary Range: Assisting clients by providing information on services Php 30,000 - Php 59,999 Basic Qualification: LIM YIK GIM Fluent in Oral and Written Chinese Customer Service Mandarin and English 54.

Brief Job Description: Salary Range: Assisting clients by providing information on services Php 30,000 - Php 59,999 Basic Qualification: LU, XUEXUE Fluent in Oral and Written Chinese Customer Service Mandarin and English 55.

Brief Job Description: Salary Range: Assisting clients by providing information on services Php 30,000 - Php 59,999 Basic Qualification: PENG, BO Fluent in Oral and Written Chinese Customer Service Mandarin and English 56.

Brief Job Description: Salary Range: Assisting clients by providing information on services Php 30,000 - Php 59,999 Basic Qualification: ZHOU, FEI Fluent in Oral and Written Chinese Customer Service Mandarin and English 57.

Brief Job Description: Salary Range: Assisting clients by providing information on services Php 30,000 - Php 59,999 Basic Qualification: CHEN, MINGHAI College Graduate / Level and Customer Service Representative Fluent in Mandarin / Basic 58.

English Brief Job Description: Customer service Salary Range: Php 30,000 - Php 59,999 Basic Qualification: CHEN, BAOCHENG College Graduate/Level and Customer Service Representative Fluent in Mandarin/Basic 59.

English.

Brief Job Description: Customer service.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: CHEN, DELONG College Graduate/Level and Customer Service Representative Fluent in Mandarin/Basic 60.

English.

Brief Job Description: Customer Service.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: CHENG, KE College Graduate / Level and Customer Service Representative Fluent in Mandarin / Basic 61.

English Brief Job Description: Customer service Salary Range: Php 30,000 - Php 59,999 Basic Qualification: GAN, SHIWEI College Graduate / Level and Customer Service Representative Fluent in Mandarin / Basic 62.

English Brief Job Description: Customer service Salary Range: Php 30,000 - Php 59,999 Basic Qualification: GUO, YING College Graduate/Level and Customer Service Representative Fluent in Mandarin/Basic 63.

English.

Brief Job Description: Customer service.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: HONG THI DIEM HUONG College Graduate/Level and Customer Service Representative Fluent in Mandarin/Basic 64.

English.

Brief Job Description: Customer service Salary Range: Php 30,000 - Php 59,999 Basic Qualification: HU, QING College Graduate and fluent Customer Service Representative in Mandarin 65.

Brief Job Description: Salary Range: Customer Service Php 30,000 - Php 59,999 Basic Qualification: HUANG, KAIWEI College Graduate / Level and Customer Service Representative Fluent in Mandarin / Basic 66.

English Brief Job Description: Customer service Salary Range: Php 30,000 - Php 59,999 Basic Qualification: HUANG, KAIYE College Graduate / Level and Customer Service Representative Fluent in Mandarin / Basic 67.

English Brief Job Description: Customer service Salary Range: Php 30,000 - Php 59,999 Basic Qualification: HUANG, HANSHI College Graduate/Level and Customer Service Representative Fluent in Mandarin/Basic 68.

English Brief Job Description: Customer Service Salary Range: Php 30,000 - Php 59,999 Basic Qualification: JIANG, GUOHUI College Graduate and fluent Customer Service Representative in Mandarin 69.

Brief Job Description: Salary Range: Customer Service Php 30,000 - Php 59,999 Basic Qualification: JIANG, CHENGDU College Graduate/Level and Customer Service Representative fluent in Mandarin/Basic 70.

English Brief Job Description: Customer Service Salary Range: Php 30,000 - Php 59,999 Basic Qualification: KAW SHIN SWIN College Graduate and fluent Customer Service Representative in Mandarin 71.

Brief Job Description: Salary Range: Customer Service Php 30,000 - Php 59,999 Basic Qualification: LI, GUOZHEN College Graduate/Level and Customer Service Representative fluent in Mandarin/Basic 72.

English Brief Job Description: Customer Service Salary Range: Php 30,000 - Php 59,999 Basic Qualification: LI, HAO College Graduate/Level and Customer Service Representative Fluent in Mandarin/Basic 73.

English Brief Job Description: Customer Service Salary Range: Php 30,000 - Php 59,999

74.

75.

LI, XIN Customer Service Representative Brief Job Description: Customer Service

LI, CHENGXIN Customer Service Representative Brief Job Description: Customer service.

Basic Qualification: College Graduate/Level and Fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College level with a minimum of 6 months IT experience and able to speak and write in Mandarin.

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

No.

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NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION LI, QIANG Customer Service Representative Brief Job Description: Customer service.

LIAO, QI Customer Service Representative Brief Job Description: Customer Service LYU, DONGCHUAN Customer Service Representative Brief Job Description: Customer Service NAN SHWE NU Customer Service Representative Brief Job Description: Customer Service REN, YINGJIE Customer Service Representative Brief Job Description: Customer Service REN, JICHENG Customer Service Representative Brief Job Description: Customer Service SHI, LIQIANG Customer Service Representative Brief Job Description: Customer Service TONG, XUE Customer Service Representative Brief Job Description: Customer Service WU, JINGLONG Customer Service Representative Brief Job Description: Customer service XIE, JINXIN Customer Service Representative Brief Job Description: Customer Service YI, HUI Customer Service Representative Brief Job Description: Customer service YIN, XINJUN Customer Service Representative Brief Job Description: Customer service.

YIN YIN HTWE Customer Service Representative Brief Job Description: Customer Service YUAN, YUAN Customer Service Representative Brief Job Description: Customer Service ZHANG, HUIYAN Customer Service Representative Brief Job Description: Customer Service ZHAO, JIAN Customer Service Representative Brief Job Description: Customer service ZHENG, LEI Customer Service Representative Brief Job Description: Customer Service ZHONG, BO Customer Service Representative Brief Job Description: Customer service ZHU, ZHENHAO Customer Service Representative Brief Job Description: Customer Service ZUO, WEIGUO Customer Service Representative Brief Job Description: Customer service.

CAI, PENG Customer Service Representative (catering To Mandarin Speaking Clients) Brief Job Description: Supports customers by providing helpful information.

Answering questions and responding to complaints

Tuesday, June 15, 2021 A9

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: College level with a minimum of 6 months IT experience and able to speak and write in Mandarin.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate and fluent in Mandarin

No.

100.

101.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate and fluent in Mandarin Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate and fluent in Mandarin Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and Fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and Fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate / Level and Fluent in Mandarin / Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate / Level and Fluent in Mandarin / Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and Fluent in Mandarin/Basic English.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate and fluent in Mandarin Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and Fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate and fluent in Mandarin Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate / Level and Fluent in Mandarin / Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and Fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate / Level and Fluent in Mandarin / Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and Fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and Fluent in Mandarin/Basic English.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College graduate level, preferably with customer service or sales experience, fluent in mandarin and basic English Salary Range: Php 30,000 - Php 59,999

DAI, JIN Customer Service Representative (catering To Mandarin Speaking Clients)

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

Brief Job Description: Managing incoming calls and customer service inquiries

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

FANG, XUEPING Customer Service Representative (catering To Mandarin Speaking Clients)

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

Brief Job Description: Managing incoming calls and customer service inquiries

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

LI, PING Customer Service Representative (catering To Mandarin Speaking Clients)

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

Brief Job Description: Managing incoming calls and customer service inquiries

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

102.

103.

104.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION SHAO, JINWEN Customer Service Representative (catering To Mandarin Speaking Clients)

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

Brief Job Description: Managing incoming calls and customer service inquiries

Salary Range: Php 60,000 - Php 89,999 Basic Qualification: College graduate level, preferably with customer service or sales experience, fluent in mandarin and basic English

TAN, JIANGMIN Customer Service Representative (catering To Mandarin Speaking Clients) Brief Job Description: Supports customers by providing helpful information.

Answering questions and responding to complaints WU, ZHIWEI Customer Service Representative (catering To Mandarin Speaking Clients) Brief Job Description: Supports customers by providing helpful information.

Answering questions and responding to complaints YANG, JIEWEN Customer Service Representative (catering To Mandarin Speaking Clients) Brief Job Description: Supports customers by providing helpful information.

Answering questions and responding to complaints ZHU, FEIDA Customer Service Representative (catering To Mandarin Speaking Clients) Brief Job Description: Managing incoming calls and customer service inquiries

105.

106.

107.

108.

109.

CAO MINH HAI Customer Service Representative (catering To Vietnamese Speaking Clients) Brief Job Description: Supports customers by providing helpful information.

Answering questions and responding to complaints

111.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College graduate level, preferably with customer service or sales experience, fluent in mandarin and basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College graduate level, preferably with customer service or sales experience, fluent in mandarin and basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 60,000 - Php 89,999 Basic Qualification: College graduate level, preferably with customer service or sales experience, fluent in mandarin and basic English

CUN SAY KIN Customer Service Representative (catering To Vietnamese Speaking Clients)

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

Brief Job Description: Managing incoming calls and customer service inquiries LY KINH DAU Customer Service Representative (catering To Vietnamese Speaking Clients)

Salary Range: Php 60,000 - Php 89,999 Basic Qualification: Able to speak, read and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquiries

Salary Range: Php 60,000 - Php 89,999 Basic Qualification: College graduate level, preferably with customer service or sales experience, fluent in mandarin and basic English

PHAN THI MY Customer Service Representative (catering To Vietnamese Speaking Clients) Brief Job Description: Supports customers by providing helpful information.

Answering questions and responding to complaints QUAN TUYET BINH Customer Service Representative (catering To Vietnamese Speaking Clients) Brief Job Description: Managing incoming calls and customer service inquiries

110.

QUALIFICATION AND SALARY RANGE

SY NGUYEN PHUOC Customer Service Representative (catering To Vietnamese Speaking Clients) Brief Job Description: Supports customers by providing helpful information.

Answering questions and responding to complaints ZHANG, XUE Customer Service Representative (catering To Mandarin Speaking Clients) Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 60,000 - Php 89,999 Basic Qualification: College graduate level, preferably with customer service or sales experience, fluent in mandarin and basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College graduate level, preferably with customer service or sales experience, fluent in mandarin and basic English.

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

GATEWAYSOLUTIONS CORP. Unit 2306 Antel Global Corporate Center Julia Vargas Ave. Ortigas Center, San Antonio Pasig City Basic Qualification: Must be a College graduate; SHI, SHIYAN can prepare product Customer Service Representative or service reports by collecting and analyzing Brief Job Description: customer information; Can A customer service representative supports customers contribute to team effort by 112. by providing helpful information, answering questions, accomplishing related results and responding to complaints. They are the frontline as needed; Can manage large support for clients and customers and they help ensure amounts of incoming calls. that customers are satisfied with products, services and features.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Must be a College graduate; WANG, PINGHONG can prepare product Customer Service Representative or service reports by collecting and analyzing Brief Job Description: customer information; Can A customer service representative supports customers 113. contribute to team effort by by providing helpful information, answering questions, accomplishing related results and responding to complaints. They are the frontline as needed; Can manage large support for clients and customers and they help ensure amounts of incoming calls. that customers are satisfied with products, services and features.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Must be a College graduate; WANG, ZHIYI can prepare product Customer Service Representative or service reports by collecting and analyzing Brief Job Description: customer information; Can A customer service representative supports customers 114. contribute to team effort by by providing helpful information, answering questions, accomplishing related results and responding to complaints. They are the frontline as needed; Can manage large support for clients and customers and they help ensure amounts of incoming calls. that customers are satisfied with products, services and features.

Salary Range: Php 30,000 - Php 59,999 HECTECHURE CORP. Units A&b 20/f Rufino Pacific Tower 6784 Ayala Ave. Cor. V.a. Rufino St. San Lorenzo Makati City Basic Qualification: ZHU, YUYU Proven experience as Mandarin Network And System Analyst mandarin network administrator analyst, Brief Job Description: excellent communication, 115.

The Mandarin Network and System Analyst will be a interpersonal and strategist and a leader able to steer the company to the presentation skills. most profitable direction while also implementing its vision, mission ang long term goals.

Salary Range: Php 30,000 - Php 59,999 INVECH TREASURE PROCESSING CORPORATION 2nd, 3rd, 4th, 5th Floor Six West Campus Mckinley West Fort Bonifacio Taguig City LIU, FANGFANG Chinese Customer Support Representative 116.

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

ZHOU, WEI Chinese Customer Support Representative

117.

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

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

BusinessMirror

A10 Tuesday, June 15, 2021

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION LE NGOC NGUYEN Vietnamese Customer Support Representative

118.

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

J-NA ALLOUT TECHNOLOGY SOLUTIONS CORP. 3/f Lipams Bldg. #48 President Avenue Bf Homes Parañaque City PAN, RENGUI Chinese Customer Service Representative 119.

Brief Job Description: Make recommendations through the analysis of Chinese digital channel across the web, social media and mobile.

DAVID SINTONG SIHOTANG Indonesian Customer Service Representative

120.

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

KING-MERCHANT BUSINESS TRADING INCORPORATED Unit 2505-f The Finance Centre 26th St. Fort Bonifacio Taguig City HUANG, PEIXIANG Mandarin Speaking Marketing Specialist 121.

Brief Job Description: Conducting research and marketing strategies to develop areas of the business LI, YANG Mandarin Speaking Marketing Specialist

122.

Brief Job Description: Conducting research and marketing strategies to develop areas of the business MO, SHISHI Mandarin Speaking Marketing Specialist

123.

Brief Job Description: Conducting research and marketing strategies to develop areas of the business OUYANG, PENG Mandarin Speaking Marketing Specialist

124.

Brief Job Description: Conducting research and marketing strategies to develop areas of the business TSANG, CHUN HIN Mandarin Speaking Marketing Specialist

125.

Brief Job Description: Conducting research and marketing strategies to develop areas of the business XIE, YINGYANG Mandarin Speaking Marketing Specialist

126.

Brief Job Description: Conducting research and marketing strategies to develop areas of the business

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO experience

Basic Qualification: At least college graduate, speaks and write fluently ( Mandarin & English) Salary Range: Php 30,000 - Php 59,999 Basic Qualification: At least College Graduate; Indonesian Speaking

138.

Brief Job Description: Analyze and prepare reports and other related business transactions reports assigned by the superiors MA, LI Mandarin Speaking Account Manager

139.

Brief Job Description: Serve as the lead point of contact for all account management matters

140.

141.

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

Basic Qualification: Proficiency in English, Mandarin and other Multilingual language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficiency in English, Mandarin and other multilingual language Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Responsible in answering customers question about product and services of the company.

LU, YOU-YU Mandarin Speaking Finance Officer Brief Job Description: Reconciling daily, monthly and yearly transactions SUNNY YAN Mandarin Speaking Finance Officer

142.

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

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION REN, FENG Mandarin Speaking Customer Service Representative

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

KONGANBUDDIES MARKETING INC. 48/f Lower Ground Pbcom Tower 6795 Ayala Ave. Cor. V.a. Rufino St. Bel-air Makati City Basic Qualification: LAM KIET NHI Proficiency in English, Chinese Speaking Customer Service Representative Mandarin and other Multi127.

Lingual Language Brief Job Description: Responsible in answering customers question about Salary Range: product and services of the company.

Php 30,000 - Php 59,999 Basic Qualification: LIU, XIAOYU Proficiency in English, Chinese Speaking Customer Service Representative Mandarin and other MultiLingual Language 128.

Brief Job Description: Responsible in answering customers question about Salary Range: product and services of the company.

Php 30,000 - Php 59,999 Basic Qualification: YUAN, HUIHUI Proficiency in English, Chinese Speaking Customer Service Representative Mandarin and other Multi129.

Lingual Language Brief Job Description: Responsible in answering customers question about Salary Range: product and services of the company.

Php 30,000 - Php 59,999 Basic Qualification: ZHANG, DONGWANG Proficiency in English, Chinese Speaking Customer Service Representative Mandarin and other MultiLingual Language 130.

Brief Job Description: Responsible in answering customers question about Salary Range: product and services of the company.

Php 30,000 - Php 59,999 STEVEN Basic Qualification: Indonesian Customer Service Representative Proficiency in English, Bahasa Indonesia and other multiBrief Job Description: 131. lingual language Responsible for producing information, transcribing, formatting inputting, editing retrieving, copying and Salary Range: transmitting text data and graphics from English to Bahasa Php 30,000 - Php 59,999 Indonesia WILLY PRATAMA Basic Qualification: Indonesian Customer Service Representative Proficiency in English, Bahasa Indonesia and other multiBrief Job Description: lingual language 132.

Responsible for producing information, transcribing, formatting inputting, editing retrieving, copying and Salary Range: transmitting text data and graphics from English to Bahasa Php 30,000 - Php 59,999 Indonesia Basic Qualification: ZHOU, JUNLONG Proficiency in English, Mandarin Speaking Customer Service Support Mandarin and Other Multi133. lingual language Brief Job Description: Suggesting information about other products and services Salary Range: Php 30,000 - Php 59,999 Basic Qualification: CHANG, CHIA-WEI Proficiency in English, Mandarin Speaking Account Associate Mandarin and other Multi134. lingual language Brief Job Description: Analyze and prepare reports and other related business Salary Range: transaction reports assigned by the superiors.

Php 30,000 - Php 59,999 Basic Qualification: LING, LAN Proficiency in English, Mandarin Speaking Account Associate Mandarin and other multi135. lingual language Brief Job Description: Analyze and prepare reports and other related business Salary Range: transaction reports assigned by the superiors Php 30,000 - Php 59,999 Basic Qualification: PAN, SZU-WEI Proficiency in English, Mandarin Speaking Account Associate Mandarin and other multi136. lingual language Brief Job Description: Analyze and prepare reports and other related business Salary Range: transaction reports assigned by the superiors Php 30,000 - Php 59,999 Basic Qualification: SHAO, XUYANG Proficiency in English, Mandarin Speaking Account Associate Mandarin and other multi137. lingual language Brief Job Description: Analyze and prepare reports and other related business Salary Range: transaction reports assigned by the superiors Php 30,000 - Php 59,999 XU, GUANGSHENG Mandarin Speaking Account Associate

No.

Brief Job Description: Responsible in maintaining the balance between spreadsheet and the bank accounts TAT BOI AN Mandarin Speaking Finance Officer

143.

Brief Job Description: Responsible in maintaining the balance between spreadsheet and the bank accounts CHAO, YU-HUI a.k.a. JHAU, YU-HUEI Mandarin Speaking Helpdesk Support

144.

Brief Job Description: Serve as the first option of contract for non-technical/ technical assistance.

CHIU, PO-JU Mandarin Speaking Helpdesk Support

145.

146.

Brief Job Description: Serve as the first option of contract for non-technical/ technical assistance.

SUN, DA-WEI Mandarin Speaking IT Specialist Brief Job Description: Review diagnostics and assess the functionality of systems JIA, TAOTAO Mandarin Speaking IT Technical Support

147.

148.

Brief Job Description: Review diagnostics and assess the functionality and efficiency of systems LI, YU Mandarin Speaking IT Technical Support Brief Job Description: Installing and configuring hardware and software YANG, WEI-DE Mandarin Speaking IT Technical Support

149.

Brief Job Description: Review diagnostics and assess the functionally and efficiency systems LAN, FENG Mandarin Speaking Sr. Account Analyst

150.

Brief Job Description: Perform proactive quality account audits/analysts on enterprise accounts.

WU, HONGLIANG Mandarin Speaking Sr. Data Analyst

151.

Brief Job Description: Ability to understand data flow across different system, participate in design by evaluating data requirements, user needs and reporting requirements

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Proficiency in English, Mandarin and other MultiLingual Language

152.

153.

154.

Brief Job Description: Reviewing and analyzing the graph of building construction, house planning, architectural drawing and infrastructure.

CAI, XIONG Mandarin Speaking - Project & Infrastructure Consultant Brief Job Description: Reviewing and analyzing the graph of building construction, house planning, architectural drawing and infrastructure.

ZENG, DENGSHAN Mandarin Speaking - Project & Infrastructure Consultant Brief Job Description: Reviewing and analyzing the graph of building construction, house planning, architectural drawing and infrastructure.

ZHANG, CHENGCAI Mandarin Speaking - Project & Infrastructure Consultant

Brief Job Description: Reviewing and analyzing the graph of building construction, house planning, architectural drawing and infrastructure.

MASTERLINK CORP. 7/f Ba Lepanto Bldg. 8747 Paseo De Roxas Bel-air Makati City WANG, CHUAN Mandarin Software Quality Assurance Analyst 155.

No.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficiency in English, Mandarin and other MultiLingual Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficiency in English, Mandarin and other MultiLingual Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficiency in English, Mandarin and other Multilingual language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficiency in English, Mandarin and other Multilingual language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficiency in English, Mandarin and other multilingual language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficiency in English, Mandarin and other Multilingual language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficiency in English, Mandarin and other Multilingual language

160.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficiency in English, Mandarin and other Multilingual language Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Proficiency in English Mandarin and other multilingual language.

Salary Range: Php 90,000 - Php 149,999 Basic Qualification: Proficiency in English Mandarin and other multilingual language.

Salary Range: Php 90,000 - Php 149,999 Basic Qualification: Proficiency in English Mandarin and other multilingual language.

Salary Range: Php 90,000 - Php 149,999 Basic Qualification: Proficiency in English Mandarin and other multilingual language.

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

Brief Job Description: As mandarin software quality assurance analyst, you shall managing a team of mandarin staff including programmers, analysts and support specialists, evaluating Basic Qualification: the functionality of systems, consulting computer users Can speak, write, type in to ascertain needs and to ensure that facilities meet mandarin language. Technical user or project requirements, selecting and purchasing 156. skills in software as stated. appropriate hardware and software, managing IT budgets, ensuring software licensing laws are followed, Salary Range: implementing and managing security or integrity and Php 30,000 - Php 59,999 backup procedures, scheduling upgrades, providing user training, support, advice and feedback, testing and modifying systems to ensure that that they operate reliably managing secure network access for remote users, keeping up to date with new technology, designing maintenance procedures and putting them into operation training new staff.

MEGA-WEB TECHNOLOGIES INC. 6,7,8,9,10,11/f Met Live Bldg. Edsa Cor. Macapagal Blvd. Brgy. 076 Pasay City Basic Qualification: CHUN, EUNSANG Proficient in speaking, Mandarin Speaking Customer Relations Service Provider reading and writing in 157. mandarin Brief Job Description: Responsible for handling service support calls Salary Range: Php 30,000 - Php 59,999 MERAKI SILVER SOLUTIONS CORPORATION Unit 1107,11th Floor, One World Place 32nd Bonifacio Global City Fort Bonifacio Taguig City Basic Qualification: DU, JUAN 18-50 years old, good Mandarin Speaking Account Specialist organizational skills, excellent mandarin verbal 158.

Brief Job Description: communication skills.

Perform routine bank telling tasks including making deposits, withdrawals, transfers and cash transfer, etc.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: FARMAN 18-50 years old, good Mandarin Speaking Account Specialist organizational skills, excellent mandarin verbal 159.

Brief Job Description: communication skills.

Perform routine bank telling tasks including making deposits, withdrawals, transfers and cash transfer, etc.

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

Brief Job Description: Perform routine bank telling tasks including making deposits, withdrawals, transfers and cash transfer, etc.

GAN, JIAN Mandarin Speaking Account Specialist

161.

Brief Job Description: Perform routine bank telling tasks, including making deposits, HUANG, CONG Mandarin Speaking Account Specialist

162.

Brief Job Description: Perform routine bank telling tasks including making deposits, withdrawals, transfers and cash transfer, etc.

KANG, XIUYING Mandarin Speaking Account Specialist

163.

Brief Job Description: Perform routine bank telling tasks, including making deposits, NGUYEN THANH VAN Mandarin Speaking Account Specialist

164.

Brief Job Description: Perform routine bank telling tasks, including making deposits, SONG, JIAOJIAO Mandarin Speaking Account Specialist

165.

Brief Job Description: Perform routine bank telling tasks including making deposits, withdrawals, transfers and cash transfer, etc.

TAN, TING Mandarin Speaking Account Specialist

166.

Brief Job Description: Perform routine bank telling tasks, including making deposits, WANG, SONGJIANG Mandarin Speaking Account Specialist

167.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficiency in English, Mandarin and other Multilingual language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficiency in English, Mandarin and other Multilingual language

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION FENG, MING Mandarin Speaking Account Specialist

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficiency in English, Mandarin and other multilingual language

LEO TECHNOLOGIES AND INFRASTRUCTURE CORP. 9th Floor One Orion 11th Avenue University Parkway Fort Bonifacio Taguig City CAI, CHENGLIN Mandarin Speaking - Project & Infrastructure Consultant

www.businessmirror.com.ph

Brief Job Description: Perform routine bank telling tasks, including making deposits, WEN, DIJIAN Mandarin Speaking Account Specialist

168.

Brief Job Description: Perform routine bank telling tasks, including making deposits, ZHAO, KEXIN Mandarin Speaking Account Specialist

169.

Brief Job Description: Perform routine bank telling tasks including making deposits, withdrawals, transfers and cash transfer, etc.

ZHAO, MENGLING Mandarin Speaking Account Specialist

170.

Brief Job Description: Perform routine bank telling tasks including making deposits, withdrawals, transfers and cash transfer, etc.

ZHOU, YIROU Mandarin Speaking Account Specialist

171.

Brief Job Description: Perform routine bank telling tasks including making deposits, withdrawals, transfers and cash transfer, etc.

MIGHTY-MERCHANT BUSINESS TRADING INCORPORATED Unit 2505- E The Finance Centre 26th St. Fort Bonifacio Taguig City WANG, WUJING Mandarin Speaking Marketing Specialist 172.

Brief Job Description: Conducting research and marketing strategies to develop areas of the business ZHUANG, PANMIN Mandarin Speaking Marketing Specialist

173.

Brief Job Description: Conducting research and marketing strategies to develop areas of the business

QUALIFICATION AND SALARY RANGE Basic Qualification: 18-50 years old, good organizational skills, excellent mandarin verbal communication skills.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: 18-50 y/o, good organizational skills, excellent mandarin verbal communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: 18-50 years old, good organizational skills, excellent mandarin verbal communication skills.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: 18-50 y/o, good organizational skills, excellent mandarin verbal communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: 18-50 y/o, good organizational skills, excellent mandarin verbal communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: 18-50 years old, good organizational skills, excellent mandarin verbal communication skills.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: 18-50 y/o, good organizational skills, excellent mandarin verbal communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: 18-50 y/o, good organizational skills, excellent mandarin verbal communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: 18-50 y/o, good organizational skills, excellent mandarin verbal communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: 18-50 years old, good organizational skills, excellent mandarin verbal communication skills.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: 18-50 years old, good organizational skills, excellent mandarin verbal communication skills.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: 18-50 years old, good organizational skills, excellent mandarin verbal communication skills.

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

MOA CLOUDZONE CORP. 4th-11th Flr. Nexgen Tower C4 Rd. Edsa Ext. Brgy. 076 Pasay City

174.

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MA, ZHIJIE Chinese Customer Representative Brief Job Description: Managing incoming calls and customer service inquiries BAO, WEIPING Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries CHEN, JINJIN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires CHEN, SHANSHAN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries CUI, RUILING Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries DENG, XIN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires DENG, SHUIBAO Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries DONG, SURU Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries

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

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

BusinessMirror

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS No.

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NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION FENG, BO Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries FU, WEIDONG Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires GAO, PENG Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries HE, SHI Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries LAI, JIAOTIAN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries LE QUOC THANH Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires LE VIET CON Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries LI, CHANG Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires LI, GUOJIN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires LI, MINGAN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires LI, GUOFENG Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries LI SIN TEE Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries LIAO, PENG Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries LIN, TIANXU Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries LIN, ZHIJIAN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries LIU, HUAWEI Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires LONG, WEN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries LONG, JUN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries LYU, ZHENGLAN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires MAN, YI Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries MAO, WENHAO Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries MARTADINATA MUSTAKIM Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries MENG, ZHONGSHAN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries NGUYEN HUU DINH Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries NGUYEN VAN NGAN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires PANG, QIUMEI Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires PAO, PANA Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

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

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

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

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

235.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION PHAN THE CAI Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries QUACH PHUOC LONG HO Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries SAI NYI NYI LWIN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries SAW NAING OO Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries SEANG, SOKCHAN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries SONG, JIANHUA Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries TAN, SHAOSONG Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries TANG, XIN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries TAO, ZHIWU Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires THIDAR SOE Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries TONG THI MINH Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries TRAN HOANG DO Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries WANG, GUANGJIAN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries WANG, SHUNHONG Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries WANG, LEI Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires WEI, YONGZHAO Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries WEI, JIHUI Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries WEN, YOUZU Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries WU, JINHUI Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires WU, WENDE Chinese Customer Service Brief Job Description: Able to speak, read, and write Chinese language WU, CHAOLIN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries WU, HUI Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires WU, WEIGANG Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries XIANG, JIAHUA Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries XIONG, YANHUA Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires YANG, FAN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires YANG, ZEXI Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires

Tuesday, June 15, 2021 A11

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

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

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

261.

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

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NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION YANG, BAOSHENG Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires YANG, YOUGUI Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires YANG, FU Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries YANG, XIAOJIANG Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries YAO, LIRONG Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires YIN, ZHUOQUAN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries YWIN AIKE PHAN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires ZENG, JINTENG Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires ZHAN, SHIMIN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires ZHAO, YANG Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries ZHOU, YANG Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquiries ZHOU, CHANGRAO Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires ZOU, GUOCAN Chinese Customer Service Brief Job Description: Managing incoming calls and customer service inquires AGUSTINA Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries CHAI YU CHUIN Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires CHAN XIANG YEW Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries CHEN, LIANGDA Customer Service Representative Brief Job Description: Customer service CHEN, CHUANGYE Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries CHEN, MINGJIONG Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries CHEN, WENQIANG Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries CHEN, CHUNLIANG Customer Service Representative Brief Job Description: Customer service CHI CHANH HNIN Customer Service Representative Brief Job Description: Customer service CUI, ZHE Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries ERNA NINGSIH Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries FEI, MENGLIANG Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries FENG, LINBO Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries FENG, JINFENG Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries

QUALIFICATION AND SALARY RANGE Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College graduate/level and fluent in Mandarin/basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate / Level and Fluent in Mandarin / Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College graduate/level and fluent in Mandarin/basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999

BusinessMirror

A12 Tuesday, June 15, 2021

ESTABLISHMENT / ADDRESS No.

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NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION GAO, YUAN Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries HU, LIBIN Customer Service Representative Brief Job Description: Customer service HUANG, FANGGUO Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries HUANG, WEIRONG Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries HUANG, YUWEI Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries HUANG, ZHIWU Customer Service Representative Brief Job Description: Customer service HUANG, ZHENJI Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries ILIN Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries JIANG, PING Customer Service Representative Brief Job Description: Customer Service JIAO, MENGMENG Customer Service Representative Brief Job Description: Customer service KUSHANTO Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries KYAW ZIN TUN Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries LI, ZHIXIA Customer Service Representative Brief Job Description: Customer service LI, JINGYU Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries LI, KAIWANG Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries LI, YANG Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries LI, CHUANCHAO Customer Service Representative Brief Job Description: Customer Service LIN, HAI Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries LIN, ZHIWEI Customer Service Representative Brief Job Description: Customer Service LIN, HONGMING Customer Service Representative Brief Job Description: Customer Service LING, LIN Customer Service Representative Brief Job Description: Customer Service LIU, YANLING Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries NGUYEN NGOC ANH Customer Service Representative Brief Job Description: Customer service

NGUYEN THI HUE Customer Service Representative Brief Job Description: CUSTOMER SERVICE NIU, PEIPEI Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate / Level and Fluent in Mandarin / Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read and write Chinese language.

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

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate / Level and Fluent in Mandarin / Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and fluent in Mandarin/basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate / Level and Fluent in Mandarin / Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College graduate/level and fluent in Mandarin/basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read and write Chinese language.

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

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, Read, and Write chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, Read, and Write chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate / Level and Fluent in Mandarin / Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College graduate/level and fluent in Mandarin/basic English

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

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NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION PANG, YANDONG Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries PANG, CHUANGCHUANG Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires PENG, CHENGKAI Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries QIN, CHAOYOU Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries REN, YANQING Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires STEVIANUS Customer Service Representative Brief Job Description: Customer Service SUN, JIAN Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires SUN, HUANHUAN Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries SUN, ZHICONG Customer Service Representative Brief Job Description: Customer Service SUN, PENGHUI Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries THIN KYU HANG Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries WANG, SHUJUAN Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries WANG, NING Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries WANG, LISONG Customer Service Representative Brief Job Description: Customer Service WANG, HAO Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries WANG, WEILONG Customer Service Representative Brief Job Description: Customer service WANG, CHENGCHENG Customer Service Representative Brief Job Description: Customer service WEI, MINLIU Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries WEI, QIUFEN Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries WU, YONGCAI Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries WU, ZONGQIANG Customer Service Representative Brief Job Description: Customer Service XIE, HONGXING Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries YANG, CHONG Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries YANG, ENYU Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries YI, QIUHONG Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries YUE, RONGFAN Customer Service Representative Brief Job Description: Customer Service

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and fluent in Mandarin/basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate / Level and Fluent in Mandarin / Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate / Level and Fluent in Mandarin / Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and Fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read and write Chinese language.

No.

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NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION ZHAI, YONG Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires ZHAN, SHUIMEI Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires ZHANG, SONG Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries ZHANG, YONGCHUAN Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries ZHANG, YU Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries ZHANG, PING Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries ZHAO, BO Customer Service Representative Brief Job Description: Customer Service ZHAO, YAYA Customer Service Representative Brief Job Description: Customer service ZHOU, YUANPING Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries ZHU, JUNJIE Customer Service Representative Brief Job Description: Customer Service

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

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate / Level and Fluent in Mandarin / Basic English Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read and write Chinese language.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999

NANTAI TECHNOLOGY SOLUTIONS INCORPORATED 3rd Floor Net One Center Building 26th Street Corner 3rd Ave. Fort Bonifacio Taguig City Basic Qualification: With bachelor’s Degree HE, XIN in Computer Science or IT Technical Support (mandarin Speaking) any related course with a minimum of 1 year IT Brief Job Description: 324. experience and able to speak Maintains the computer networks of all types of and write in Mandarin. organizations, providing technical support and ensuring the whole company runs smoothly.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With bachelor’s Degree LUO, JIAHAO in Computer Science or IT Technical Support (mandarin Speaking) any related course with a minimum of 1 year IT 325.

Brief Job Description: experience and able to speak Maintains the computer networks of all types of and write in Mandarin. organizations, providing technical support and ensuring the whole company runs smoothly.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With bachelor’s Degree QIU, YONGFENG in Computer Science or IT Technical Support (mandarin Speaking) any related course with a minimum of 1 year IT Brief Job Description: 326. experience and able to speak Maintains the computer networks of all types of and write in Mandarin. organizations, providing technical support and ensuring the whole company runs smoothly.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With bachelor’s Degree ZHOU, WENGUAN in Computer Science or IT Technical Support (Mandarin Speaking) any related course with a minimum of 1 year IT 327.

Brief Job Description: experience and able to speak Maintains the computer networks of all types of and write in Mandarin. organizations, providing technical support and ensuring the whole company runs smoothly.

Salary Range: Php 30,000 - Php 59,999 NEW ORIENTAL CLUB88 CORPORATION 1331 Pearl Plaza Bldg. Quirino Ave. Tambo Parañaque City Basic Qualification: Knowledgeable in computer FANG, WENTAO application with good oral Chinese Customer Service and written communication 328. skills Brief Job Description: Customer support and data services Salary Range: Php 30,000 - Php 59,999 ORIENTAL POWER EQUIPMENT CORPORATION 1717 San Marcelino St. 075 Bgy. 694 Malate Manila Basic Qualification: Must be Bachelors / College Degree holder (Sales/ Marketing); *Must be able to provide support during the GONG, HAIBIN sales process to customers Sales Executive and the Sales Team; Has experience in making new 329.

Brief Job Description: sales opportunities with Sales Executive job includes discovering and pursuing current and prospective new sales prospects, negotiating deals and maintaining customers through cold customer satisfaction. calling, email outreach and social media with aim to generate sales Salary Range: Php 30,000 - Php 59,999 PAI LI HOLDINGS, INC. 3rd Flr. Net One Center 26th St. 3rd Ave. Bgc. Fort Bonifacio Taguig City

HONG, YUMING Mandarin Project Manager

Basic Qualification: Able to speak and write in Mandarin. Proficient in MS Office, with exceptional knowledge of Excel and PowerPoint and has strong people skills.

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

330.

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

RED DOT MARKETING AND BRANDING INC. Unit 1514 Burgundy Transpacific Place Taft Ave. 079, Bgy. 727 Malate Manila

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/Level and fluent in Mandarin/Basic English Salary Range: Php 30,000 - Php 59,999

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Brief Job Description: Responsible for planning, overseeing and leading projects from ideation through to completion.

HO NGOC PHUONG Foreign Language Customer Service Brief Job Description: Responsible for handling service support calls.

NGUYEN THI HONG NGOC Foreign Language Customer Service Brief Job Description: Responsible for handling service support calls.

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

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

BusinessMirror

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS No.

333.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION TRINH GIOI THANH Foreign Language Customer Service Brief Job Description: Responsible for handling service support calls.

DINH NGOC LINH Foreign Language Operation Specialist

334.

Brief Job Description: Committed to improving customer experience and operational efficiency DANG KIM PHUONG Mandarin Operations Specialist

335.

Brief Job Description: Committed to improving customer experience and operational efficiency DINH THI YEN Mandarin Operations Specialist

336.

Brief Job Description: Committed to improving customer experience and operational efficiency ZHAO, YANTANG Mandarin Operations Specialist

337.

Brief Job Description: Committed to improving customer experience and operational efficiency CAO, YU Mandarin Technical Support

338.

Brief Job Description: To troubleshoot, maintain and monitor the computer system CHEW YOK THING Mandarin Technical Support

339.

Brief Job Description: To troubleshoot, maintain and monitor the computer system

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Proficient in speaking, reading and writing in Mandarin Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in speaking, reading and writing in Mandarin Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in speaking, reading and writing in Mandarin Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in speaking, reading and writing in Mandarin Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in speaking, reading and writing in Mandarin Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in speaking, reading and writing in Chinese Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in speaking, reading and writing in Mandarin

No.

SHI, QI Customer Relation Representative (mandarin Translation) 356.

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

S AND C CONSULTANCY INC. U-214 Manila Executive Regency 1200 J Bocobo St. 072, Bgy. 670 Ermita Manila Basic Qualification: ZHANG, CHAO Proficient in speaking, Mandarin Human Resource Specialist reading, and writing in 340.

Mandarin Brief Job Description: Manage and develop employee performance expectations Salary Range: Php 30,000 - Php 59,999 Basic Qualification: WANG, TIANTIAN Proficient in speaking, Mandarin Supervisor reading, and writing in 341.

Mandarin Brief Job Description: Recruiting staff who can speak Mandarin Salary Range: Php 30,000 - Php 59,999 S.C. JOHNSON PHILIPPINES ROHQ 1077 J.p. Rizal St. Poblacion Makati City KONDO, RYOTA Basic Qualification: Analyst, Customer Fulfillment - Japanese (front Office) Fluent in Nihongo 342.

Brief Job Description: Salary Range: Customer Fulfillment Associate - Japanese Account Php 60,000 - Php 89,999 XU, XIANBANG Analyst, Customer Fulfillment-mandarin (front Office) Basic Qualification: Fluent in Mandarin 343.

Brief Job Description: Accurately and timely receives and processes customer Salary Range: orders for a portfolio of accounts and resolution of Php 30,000 - Php 59,999 internal and external customer queries.

SEEKTOP SERVICE MANAGEMENT INC. 25/f Alphaland Corporate Tower 7232 Ayala Ave. Extn. Cor. Malugay St. Bel-air Makati City CHEN, ZHEN Basic Qualification: Customer Relation Representative (mandarin Translation) through, extensive & fluency in mandarin language and 344.

Brief Job Description: characters Handle service support calls, emails and chats related to inquiry from clients and/or customers through mandarin Salary Range: to English translation Php 30,000 - Php 59,999 DENG, CHENDONG Basic Qualification: Customer Relation Representative (mandarin Translation) through, extensive & fluency in mandarin language and 345.

Brief Job Description: characters Handle service support calls, emails and chats related to inquiry from clients and/or customers through mandarin Salary Range: to English translation Php 30,000 - Php 59,999 DIVA ARIESNA Basic Qualification: Customer Relation Representative (mandarin Translation) through, extensive & fluency in mandarin language and 346.

Brief Job Description: characters Handle service support calls, emails and chats related to inquiry from clients and/or customers through mandarin Salary Range: to English translation Php 30,000 - Php 59,999 HONG, WEIFAN Basic Qualification: Customer Relation Representative (mandarin Translation) through, extensive & fluency in mandarin language and 347.

Brief Job Description: characters Handle service support calls, emails and chats related to inquiry from clients and/or customers through mandarin Salary Range: to English translation Php 30,000 - Php 59,999 HU, MEIJUAN Basic Qualification: Customer Relation Representative (mandarin Translation) through, extensive & fluency in mandarin language and 348.

Brief Job Description: characters Handle service support calls, emails and chats related to inquiry from clients and/or customers through mandarin Salary Range: to English translation Php 30,000 - Php 59,999 HUANG, JIAJUN Basic Qualification: Customer Relation Representative (mandarin Translation) through, extensive & fluency in mandarin language and 349.

Brief Job Description: characters Handle service support calls, emails and chats related to inquiry from clients and/or customers through mandarin Salary Range: to English translation Php 30,000 - Php 59,999 LIU, YIQI Basic Qualification: Customer Relation Representative (mandarin Translation) through, extensive & fluency in mandarin language and 350.

Brief Job Description: characters Handle service support calls, emails and chats related to inquiry from clients and/or customers through mandarin Salary Range: to English translation Php 30,000 - Php 59,999 MEI RINA Basic Qualification: Customer Relation Representative (mandarin Translation) through, extensive & fluency in mandarin language and 351.

Brief Job Description: characters Handle service support calls, emails and chats related to inquiry from clients and/or customers through mandarin Salary Range: to English translation Php 30,000 - Php 59,999 PENG, WENWU Basic Qualification: Customer Relation Representative (mandarin Translation) Through extensive and fluency in Mandarin 352.

Brief Job Description: language and characters Handle service support callls, emails and chats related to inquiry from clients and/or customers through Mandarin Salary Range: to English translation Php 30,000 - Php 59,999 PENG, MENGJIE Basic Qualification: Customer Relation Representative (mandarin Translation) through, extensive & fluency in mandarin language and 353.

Brief Job Description: characters Handle service support calls, emails and chats related to inquiry from clients and/or customers through mandarin Salary Range: to english translation Php 30,000 - Php 59,999 POH JUN QIANG Basic Qualification: Customer Relation Representative (mandarin Translation) Through extensive and fluency in Mandarin 354.

Brief Job Description: language and characters Handle service support callls, emails and chats related to inquiry from clients and/or customers through Mandarin Salary Range: to English translation Php 30,000 - Php 59,999 SHEN, CHUN-YI Basic Qualification: Customer Relation Representative (mandarin Translation) through, extensive & fluency in mandarin language and 355.

Brief Job Description: characters Handle service support calls, emails and chats related to inquiry from clients and/or customers through mandarin Salary Range: to English translation Php 30,000 - Php 59,999

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

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364.

Brief Job Description: Handle service support callls, emails and chats related to inquiry from clients and/or customers through Mandarin to English translation TAO, JUNJIE Customer Relation Representative (mandarin Translation) Brief Job Description: Handle service support calls, emails and chats related to inquiry from clients and/or customers through mandarin to English translation WANG, FENGJIA Customer Relation Representative (mandarin Translation) Brief Job Description: Handle service support callls, emails and chats related to inquiry from clients and/or customers through Mandarin to English translation WANG, SHUPENG Customer Relation Representative (mandarin Translation) Brief Job Description: Handle service support callls, emails and chats related to inquiry from clients and/or customers through Mandarin to English translation WANG, JUN Customer Relation Representative (mandarin Translation) Brief Job Description: Handle service support callls, emails and chats related to inquiry from clients and/or customers through Mandarin to English translation XIANG, XIANGLIN Customer Relation Representative (mandarin Translation) Brief Job Description: Handle service support callls, emails and chats related to inquiry from clients and/or customers through Mandarin to English translation XU, LIHE Customer Relation Representative (mandarin Translation) Brief Job Description: Handle service support callls, emails and chats related to inquiry from clients and/or customers through Mandarin to English translation YE, JING Customer Relation Representative (mandarin Translation) Brief Job Description: Handle service support callls, emails and chats related to inquiry from clients and/or customers through Mandarin to English translation ZHANG, JIYU Customer Relation Representative (mandarin Translation) Brief Job Description: Handle service support callls, emails and chats related to inquiry from clients and/or customers through Mandarin to English translation ZHU, YINING Customer Relation Representative (mandarin Translation)

365.

Tuesday, June 15, 2021 A13

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Through extensive and fluency in Mandarin language and characters Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Through extensive and fluency in mandarin language and characters Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Through extensive and fluency in Mandarin language and characters Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Through extensive and fluency in Mandarin language and characters Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Through extensive and fluency in Mandarin language and characters Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Through extensive and fluency in Mandarin language and characters Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Through extensive and fluency in Mandarin language and characters

No.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Through extensive and fluency in Mandarin language and characters

Brief Job Description: Handle service support callls, emails and chats related to inquiry from clients and/or customers through Mandarin Salary Range: to English translation Php 30,000 - Php 59,999 SKY DRAGON GLOBAL TECHNOLOGIES CORP. 2f-5f Unit 710 Shaw Blvd. Global Link Center, Brgy. Wack Wack Mandaluyong City Basic Qualification: WANG, MENGJIA Fluent in Mandarin, Both Customer Service Representative Oral and Written 366.

Brief Job Description: Salary Range: Customer relations service provider Php 30,000 - Php 59,999 TRIVES TECHNOLOGY CORPORATION Tower 4 Bayport West Naia Garden Residence, Naia Road Tambo Parañaque City Basic Qualification: CHEN, JUNHONG Able to speak and write in Chinese Customer Support Representative Mandarin and at least college level with related BPO 367.

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

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: JIANG, TING Able to speak and write in Chinese Customer Support Representative Mandarin and at least college level with related BPO 368.

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

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: TAO, XIAOYU Able to speak and write in Chinese Customer Support Representative Mandarin and at least college level with related BPO 369.

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

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: XIE, PEICHENG Able to speak and write in Chinese Customer Support Representative Mandarin and at least college level with related BPO 370.

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

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: ZHONG, LIPING Able to speak and write in Chinese Customer Support Representative Mandarin and at least college level with related BPO 371.

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

Salary Range: Php 30,000 - Php 59,999 UNHOOP PHILIPPINES, INC. U1006-1012 10/f Robinsons Jg Summit Center 6783 Ayala Avenue Bel-air Makati City CHIEN, YAO-XIAN Basic Qualification: Taiwanese Customer Support Fluent in Mandarin/ Taiwanese 372.

Brief Job Description: Provides technical/customer support to Taiwanese Salary Range: customers and clients by researching and answering Php 90,000 - Php 149,999 questions.

QUALIFICATION AND SALARY RANGE

VERTEX DIGITAL ENTERTAINMENT TECHNOLOGIES, INC. 1439 Adriatico Cor. Sta. Monica St. 072 Bgy. 669 Ermita Manila Dd Dragon Plaza Dd Meridian P Edsa Ext. Cor. Macapagal Ave. Brgy. 076 Pasay City

377.

378.

379.

380.

381.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Through extensive and fluency in Mandarin language and characters Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Through extensive and fluency in Mandarin language and characters

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

382.

383.

384.

385.

386.

387.

388.

389.

Basic Qualification: College graduate with experience in maintain gaming devices, fluent in mandarin and english speaking

CHEN, BIN Chinese IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices

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

DENG, LIRONG Chinese IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices

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

GAO, XINGXING Chinese IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices

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

GONG, AO Chinese IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices

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

GUO, MURONG Chinese IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices

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

HU, YANXIA Chinese IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices

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

LI, SHU Chinese IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices

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

LI, WENSEN Chinese IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices

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

YIN, XICHENG Chinese IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices

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

ZHANG, SHIMENG Chinese IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices

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

ZHANG, YONGHONG Chinese IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices

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

ZHANG, YONGLONG Chinese IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices

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

ZHANG, BO Chinese IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices

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

VAN GOGH BUSINESS PROCESS OUTSOURCING INC. 5th To 8th Flr. Sm Southmall Tower 2 Alabang Zapote Rd. Almanza Uno Las Piñas City FENG, LANG Chinese Customer Support Representative 373.

Brief Job Description: Responsible for installing and maintaining computer systems and networks.

LUO, LI Chinese Customer Support Representative

374.

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

TANG, BO Chinese Customer Support Representative 375.

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

ZHUANG, LIRONG Chinese Customer Support Representative 376.

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

Basic Qualification: College level with a minimum of 6 months IT experience and able to speak and write in Mandarin.

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

VPC CORPORATE SOLUTIONS INCORPORATED 11/f 100 West, Sen Gil Puyat Ave. Cor. Washington St. Pio Del Pilar Makati City ZHANG, HANG Bilingual Marketing Specialist 390.

Basic Qualification: Foreign language speaking

Brief Job Description: Conduct market research to find answer about consumer requirements, habits and trends.

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

*Date Generated: Jun 14, 2021 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-NCR Regional Office located at DOLE-NCR Building, 967 Maligaya St., Malate Manila, within 30 days after this publication.

Please inform DOLE-NCR if you have any information on criminal offense committed by the foreign nationals.

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

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

ATTY. SARAH BUENA S. MIRASOL REGIONAL DIRECTOR

A14 Tuesday, June 15, 2021 • Editor: Angel R. Calso

Opinion BusinessMirror

www.businessmirror.com.ph

editorial

Finding inspiration

W

hen do sports figures become heroes?

The word “hero” is sometimes used far too freely nowadays. Many athletes have been called heroes, even if they make all sorts of fumbles in their personal lives, often failing to match the heroic feats they show in their respective sports.

Despite this, the ability of sports to galvanize national pride and identity cannot be denied. There are times, indeed, when our athletes can truly inspire our people and represent their hopes and dreams.

Ever since the pandemic, our nation has been hungry for things to be joyous about. Thus, we are grateful to these three athletes who have given us reasons to celebrate during these trying times.

Yuka Saso became the first Filipino ever to win a major golf event after bringing home the US Women’s Open championship.

At 19 years, 11 months, and 17 days old, Saso is also the youngest to win the US Women’s Open since Park In-Bee, who was the same age when she won the tournament in 2008.

Prior to her US Open title, Saso won the gold medal in the 2016 World Junior Girls Championship, two gold medals at the 2018 Asian Games in Jakarta, Indonesia, and two Ladies Professional Golf Association titles in Japan.

She was named this year’s Athlete of the Year by the Philippine Sportswriters Association—her second Athlete of the Year award, having won the 2019 edition alongside fellow golfers Bianca Pagdanganan and Lois Kaye Go and weightlifter Hidilyn Diaz for their 2018 Asian Games golds.

In boxing, Nonito Donaire turned back the clock when he won the World Boxing Council’s bantamweight title just a few months shy of his 39th birthday.

In defeating French titleholder Nordine Oubaali via a sensational fourth-round knockout, Donaire became the oldest WBC bantamweight champion in the sport’s history and one of only a handful of fighters to win a world title in over three different decades.

Donaire, who hadn’t fought since losing in 2019 to Naoya Inoue in Japan, was just as inspirational during his interview after the fight, calling out against Asian hate crimes and stressing the importance of keeping mentally and physically fit during the pandemic.

“I want to make the statement that we’re all one,” Donaire said. “If we could help each other, then we should help each other. Let us stop Asian hate. My elderly father is afraid to go out. Let’s stop the hate, any kind of hate.”

About aging, he said: “I believe that the human body is an incredible machine, an incredible thing if we take care of it. Taking care of our body allows us to be as strong as it can be because mentally we are only as strong as our mind can be.”

Finally, in tennis, Alex Eala also made history when she and her Russian partner Oksana Selekhmeteva won the 2021 French Open girls doubles championship on June 12, as the nation celebrated Independence Day. Eala is the first Filipino to win a title at Roland Garros, which is the 16-year-old’s second Grand Slam win. She won her first Grand Slam in the 2020 Australian Open girls doubles tournament with Indonesian partner Priska Nugroho.

There’s been plenty of doom and gloom the past year as our lives have been totally upended by the pandemic. But the astounding individual performances of these athletes have certainly given us a bright side—a shared experience that provided happiness, hope and inspiration to a people hungry for all these.

Their victories, despite overwhelming odds, collectively send a loud message to all Filipinos—WE CAN GET THROUGH THIS TOO—lifting the spirit of a nation struggling to survive a deadly virus, all the hurts and failures, forgiven and forgotten, at least for a moment.

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Confidence boosters Manny B. Villar

THE Entrepreneur

T

he pledge of G-7 leaders to provide at least 1 billion vaccine doses to 92 poor and lower-middle-income countries and last week’s emerging positive domestic trade figures are a big confidence booster.

The business community and Filipinos in general will welcome these positive developments. As more vaccines are made available to the population, Filipinos get the reassurance that it has become safer to leave their homes and participate in economic activities.

The G-7 comprising of the United States, Canada, France, Germany, Italy, Japan and the United Kingdom obviously began to realize that they need the rest of the world to effectively fuel the global recovery. Several foreign institutions and nations have increasingly called on these richer countries to scale up their efforts to share Covid-19 shots with less developed states.

The US ahead of the agreement committed 500 million jabs to 92 poor and lower-middle-income nations, while the UK pledged at least 100 million surplus doses within the

next year, including five million beginning in the coming weeks. These two countries can well afford to share their vaccine doses after building surpluses early or storing more than enough to inoculate their entire population and contain the pandemic.

The Philippines will certainly receive a share of the donated vaccines. The US, for one, is channeling the surplus and its unused vaccines through the COVAX program that seeks an equitable distribution of the jabs across the globe.

The Philippines, like any developing nation, is striving to accelerate the vaccination program in order to fully reopen the economy. We are not faring badly in the inoculation drive. Outside of the G-7 pledges, the Philippines is expecting the arrival of 18 million more vaccines toward the end of June. This latest arrival can fully vaccinate 9 million Filipinos, on

US inflation

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“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.”—Ronald Reagan “Inflation is taxation without legislation.”—Milton Friedman It may not surprise you that my favorite quote about inflation is: “Inflation takes from the ignorant and gives to the well informed.”—Venita VanCaspel

I

nflation, like other situations—including the stock market and a sinking ship at sea—requires understanding of what is going on. At the beginning, you want to be doing what everybody else is doing. As stock prices are going up, watch the crowd and buy when they do but keep an eye out for trouble just like on a cruise ship. Drink, dance, and party the night away, making an occasional trip to check for icebergs.

At some point, the stock traders will be “drunk” with their genius ability to make money, just like the ship passengers will become too drunk to watch for trouble let alone to get into a lifeboat. A similar condition happens with increasing prices.

At the beginning of an inflationary trend, life is good. That house and lot you bought is going up in

price. As a business owner you are able to raise prices a little or even a lot, well above your cost of sales and no one complains. You take advantage of commodity price increases to “store” some lumber or diamonds even if it is just on paper, and let the profits come in—t least on paper.

Remember this name: Paul

top of the over 5 million who have already received the doses.

Vaccinating more Filipinos, along with the usual precaution of wearing face masks, hand washing and social distancing, is key to the full re-opening of the economy. We have seen how the vaccine rollouts in the US and Europe have led to the return of economic activities that include the opening of dine-in restaurants, sports activities, gyms and tourism.

We have not yet vaccinated enough of the population as we want to. It may take awhile and will depend on how soon the Philippines can obtain the bulk of the vaccines needed to inoculate at least 30 percent to 50 percent of the population.

But I believe Filipinos, especially the working class, have learned to adapt and live with the virus.

The relatively low infection rate in the NCR Plus comprising of Metro Manila and four nearby provinces is proof of this resiliency. I am pleased to learn that Malacañang is leaning toward the relaxation of quarantine rules in the NCR Plus by June 15.

Placing the expanded region back to the ordinary general community quarantine status after June 15 will be a welcome relief to our workers, and small and medium-sized business establishments.

economy is starting to recover. The trade figures released by the Philippine Statistics Authority last week show that exports and imports in April jumped 72 percent and 141 percent, respectively, against the background of global trade reopening. The aggressive rollout of Covid-19 vaccines in Asia and the rest of the world is also helping global trade and boosting the confidence of manufacturers.

April exports surged to $5.71 billion from $3.32 billion in the same month last year, while imports hit $8.45 billion. Although the sharp rise in trade figures is expected because of the low base in 2020, the increased trade activities suggest that more Filipinos are rejoining the labor force, especially in the export sector.

I find the big increase in imports equally significant. Rising imports mean our factories will start to expand production in the coming months. They also show that the manufacturing sector has regained business confidence amid the vaccine rollout and easing quarantine rules.

I am confident that more positive economic data will come out in the second quarter and the succeeding periods. The partial economic reopening is creating jobs and creating a multiplier effect.

Positive trade figures

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Adolph Volcker Jr. He served two terms as the 12th Chair of the Federal Reserve under US presidents Jimmy Carter and Ronald Reagan from August 1979 to August 1987.

Volcker’s wisdom—a huge break from the past—was that if prices of goods increased, to lower goods demand, decrease the money supply. Volcker raised interest rates to reduce the demand for money.

The interest paid on a loan is effectively the “price” of cash. That weapon against inflation works as people figure inflation is temporary and who wants to borrow at these high rates.

But current (last 15 years) Federal Reserve policies—quantitative easing and near-zero interest rates— were designed to pump trillions into the US economy to stimulate growth.

QE gave the government a way to dump money into the economy by “secretly” going into massive debt, and the zero-rates were to make the banks borrow from the government and then loan to the public.

Volcker died in 2019 and wrote his memoir a year earlier titled Keeping At It: The Quest for Sound Money and Good Government. He wrote that ethical governance required the “three verities [principles]” of stable

prices, sound finance, and good government.

Currently the US is facing consumer prices increasing at an annual rate of 5 percent, the highest since August 2008. Hardly stable. The US “M2” money supply—coins, notes, and short-term time deposits in bank—is up 33 percent since January 2020 and up 100 percent since 2012. Private Debt to GDP in the US is 235 percent and public debt stands at 107 percent. Neither factor shows “sound finance.”

There are those that want you to believe that soon Filipinos will be living in mud caves and covering their private parts with banana leaves as the Philippine economy collapses.

You may want to exploit the coming US inflation (and collapse?) by planning to export banana leaves to the West.

And if you buy the media/Federal Reserve argument that inflation is all because of Covid, you probably also believe that the virus started in a bowl of bat soup at a wet market in Wuhan.

There are telltale signs that the

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Opinion

Pride and progress

1Sambayan top bets

BusinessMirror

Manny F. Dooc

Lyca Balita

Onwards

TELLTALES

une is Pride month, and as emphasized in my previous article, there are many important things to protest; Pride is a protest before anything, after all. Still, Pride is also a celebration. We celebrate not only our existence, but also our progress—a reminder that our protests work, even one step at a time.

he much-awaited list of presidentiables and vice-presidentiables of 1Sambayan came out last Saturday, June 12. The significance of the date of the announcement, which coincided with our country’s celebration of its 123rd Independence Day, is not lost on us. The names being offered represent the people’s champions who will free our people from an unwanted regime that is accused of human rights abuses, incompetence and growing militarization.

J

Years ago, the LGBT+ community existed primarily as stereotypes: the funny gay best friends who dressed well, or the short-haired lesbians who were good at basketball. We were the entertainers and the comedic relief.

Today, we no longer exist in stereotypes. Mainstream media now includes respectful representation of all kinds of people. We are portrayed as students, professionals, parents, office mates, executives, and artists, among others, and most importantly, we are seen as humans—real people who exist outside clubs and bars, and not just side characters to a straight person’s story. We even have shows, films, and novels with LGBT+ main characters. The younger generations are so lucky that they can see themselves properly represented in all kinds of art these days, which is undoubtedly a more accurate representation of the world anyway.

Other than representation, we have more public figures either proudly coming out or publicly supporting the community. Unlike in the past when people thrived on gossip that a celebrity was gay, today, celebrities casually come out by themselves on social media, and their supporters are happy for them. More often than not, their fan bases even grow.

As someone who grew up hearing my sexuality used as an insult, I find this surreal—people can actually come out publicly these days, when during my time, it was taboo to even say “gay” or “lesbian” unless it was to taunt or humiliate someone. It’s still difficult to reclaim words such as “bakla” or “tomboy,” and even typing them feels uncomfortable, but it becomes easier upon the reminder that these words should not be insults in the first place.

Arguably the greatest progress made so far is with families. Many parents today are proud of and stand up for their children regardless of the latter’s sexuality. Pride marches

pre-pandemic included parents who were there just to celebrate with their children, or to provide hugs and parental support to those with homophobic parents. These kinds of parents deserve the world.

It’s true that representation is still not perfect, many are still forced to stay in the closet to save their careers, and there are still children who are disowned or kicked out because of their sexualities. Still, we fight on.

Challenges may be discouraging, but we celebrate our progress, no matter how small; we owe it to those who have fought for the community from the very beginning, and we owe it to ourselves, too. It is great fuel to see the fruits of our own protests—more acceptance, confidence, and love, and less violence, suicides, and hatred.

Many of us, especially the youth, are safe and accepted in our own circles. There are some of us who are accepted by the general community, usually because of exceptional fame, intelligence, or privilege; these people are usually seen as exceptions to the general rule of homophobia, and they are incredibly lucky. However, we have to remember that, in the words of Riz Ahmed, “exceptions don’t change the rules,” so discrimination remains the general rule.

Thus, if we are one of the lucky ones who have the power to change the minds and perspectives of those with homophobic or other discriminatory ideologies, we should not stop at our own safety. We fight on for our brothers and sisters who do not have the same privilege that we do. We have to continue making safe spaces as we open our eyes to the realities outside our safe circles. There are many developments to celebrate, and there are many issues to protest, but this is precisely what Pride is all about. Happy Pride!

Bloomberg Opinion

I

ndian monetary policy makers are tolerating inflation rates higher than their 4% mediumterm target while they focus resources on an economic rebound.

Economists see the Reserve Bank of India taking a grin-and-bear it approach to price pressures as it seeks to help Asia’s No. 3 economy recover from one of the world’s worst coronavirus outbreaks. The RBI has chosen to look through a recent surge in inflation because it was supply-side driven, and will only turn persistent when demand kicks in, Deputy Governor Michael Patra said at a briefing June 4.

While the wholesale price print due Monday made for another grim reading, retail inflation is seen hovering above the 5% mark for the third out of five months this year.

“The RBI has clearly turned more tolerant of inflation and by the looks of it, they seem to be OK with the headline rate above the mid-point target of 4%,” said Priyanka Kishore, head of India and Southeast Asia Economics at Oxford Economics in Singapore. “We expect growth concerns to dominate and push out policy normalization well into 2022.”

The RBI isn’t thinking about normalization at the moment, Governor

The six anointed political stalwarts are public figures who are or have served in government with purportedly clean records of public service, competence, track record and upright stand on public issues. One underlying consideration is that the anointed ones must not be enablers of and affiliated with the Duterte regime. You may agree or disagree with 1Sambayan’s initial selection of Vice President Leni Robredo, Senator Grace Poe, former Senator Antonio Trillanes, Congresswoman Vilma Santos-Recto, CIBAC Partylist Representative Eddie Villanueva and Human Rights lawyer and founding dean of the De La Salle College of Law, Chel Diokno, but I’m sure the half dozen nominees have been subjected to meticulous scrutiny and evaluation by 1Sambayan based on its rigorous standards. After all, 1Sambayan is not selecting a candidate for a barangay chairman position but the flag bearer of the opposition. He or she should be a worthy alternative to the candidate of the ruling party, which will be backed up by a well-oiled political machinery selected and blessed by President Duterte. Former DFA Secretary Alberto del Rosario, another convenor, had earlier announced that other names may be added to the list. But before the day ended and earlier than the public could react to the chosen presidentiables, four

Shaktikanta Das said this month. His rate-setting committee, which cut borrowing costs by 115 basis points in 2020, has kept rates unchanged at a record low for more than a year to support growth after a rare contraction last year. While the central bank sees the economy expanding 9.5% in the year started April 1, that is slower than the 10.5% pace it had forecast before a deadly second wave of coronavirus swept through the nation of more than 1.3 billion people.

A string of lockdowns to stem the pandemic crippled activity and throttled demand in an economy that’s primarily driven by domestic consumption. High taxes and rising unemployment has also left consumers wary of spending, as well as glum about future prospects.

So although data Monday showed wholesale prices grew 12.94%, the highest rate since June 1992, it’s unlikely yet to fully feed into consumer prices. Companies have absorbed some of the increase in producer prices given weak demand in the economy. Consumer price growth data for May is also due Monday, forecast in Bloomberg survey to rise 5.38% from a year ago.

The six-member Monetary Policy Committee is convinced that sticky inflation is due to supply-side problems and doesn’t yet warrant withdrawal of the extraordinary measures.

of those included in the list, namely, Poe, Santos-Recto, Diokno and Villanueva, have politely declined their anointment for various reasons. In fact, even before the announcement, Senator Nancy Binay whose name emerged as a possible candidate had earlier requested the convenors to exclude her from consideration.

Same thing with Mayor Isko Moreno, who had begged off before the release of the list of presidentiables to concentrate on his work as mayor of the capital city.

Some pundits don’t look kindly on the four who have withdrawn their names after they were included in the list. Supposedly, all presidentiables under consideration by 1Sambayan were consulted beforehand and, as disclosed by the convenors, have agreed to submit to the selection process and the anointed one will expectedly run for president if drafted. Were they just engaging in an ego trip and self-aggrandizement knowing that they would be included in the magic list? Now they can always claim that they were short-listed but refused the offer. Had they advised that they would back out ahead of the selection, other worthy names could have been considered. Or are some of them actually setting their sights on a lower position so that they can invoke that if they were good enough to be considered presidentiables, they have every right to be included

This recent development should augur well for VP Leni. We can understand her present indecision to enter the presidential derby. Meeting the stiff criteria set by the convenors, including winnability, is not the only consideration. With her emerging as the likely choice and the withdrawal of other contenders who may throw a monkey wrench in case they are not chosen, there is a greater chance of achieving unity and fielding a common opposition candidate. in the senate slate, or even the vicepresidential slot, of the opposition.

On the other hand, the withdrawal of other possible contenders has opened a great opportunity for VP Leni who has been perceived as the frontrunner for the opposition if ever she decides to bid for the presidency. Compared to the rest of the field, she enjoys the winnability factor. She has proven her mettle and worth while serving as our VP despite being regarded as a persona non grata to the administration. Under the present administration she is a pariah, but she has performed well under the most trying conditions. Now, it looks like the opposition’s choice is limited between VP Leni and former Senator Antonio Trillanes, although the latter has repeatedly been quoted as saying that he would only bid for the highest post if VP Leni decides not to run. Well, he can always renege on that promise. We have seen and heard countless politicians who had sworn that they would not seek the presidency only to eat their words, and were rewarded by the gullible electorates by voting the liars and bastards into office. Or maybe Trillanes can slide down to the VP position and pair off with Robredo.

Where will that leave the others who have also dreamt big of occupying Malacañang before they graduate from politics? For instance, both

On optional standard deductions Atty. Jomel N. Manaig

For feedback, send an e-mail to lyca.balita@ gmail.com

India’s RBI tolerating faster inflation amid growth focus

By Anirban Nag

T

Tuesday, June 15, 2021 A15

Tax Law for Business

E

xcept for certain types of taxpayers or types of income where no deductions or where there are only limited deductions in the computation of income taxes due, individual and corporate income taxpayers are generally entitled to claim deductions in computing their net income subjected to income tax. Traditionally, these are the costs and expenses incurred by the taxpayer in earning the taxable income or in running the business.

In lieu of reporting the individual/ itemized deductions, the current law allows the taxpayer to elect a standard deduction (of 40 percent) in the computation of net taxable income.

This option is usually referred to as the optional standard deductions or OSD. While this is available to both corporate and individual taxpayers, there is a difference in the basis of the 40 percent. For corporate taxpayers, the 40 percent is computed on the gross income while for individuals, it is based on the gross sales or gross receipts.

But note that when the OSD was first introduced in our income tax system, the same was available only to individual taxpayers. The privilege to choose OSD was not available to corporate taxpayers. In its original conceptualization, only individual taxpayers were given the option to claim a specific percentage of the gross income as deduction in the computation of his income tax liability, instead of identifying each item of expenses. And as opposed to the current rules, when the OSD was first introduced in our tax system for the individuals, the basis of the 10 percent (OSD rate at that time) standard deduction was the gross income

and not the gross sales or receipts.

Subsequent revisions, however, in the Tax Code included some changes in the OSD rules. Republic Act (RA) 8424 or the National Internal Revenue Code of 1997 retained the same privilege for individual taxpayers, allowing them to elect a standard deduction in an amount not exceeding 10 percent of their gross income.

That same option was not yet made available to corporate taxpayers.

The situation was significantly changed in 2008 when RA 9504 introduced amendments to the National Internal Revenue Code of 1997.

On the OSD, the following were the significant changes made: (1) the OSD rate was increased four times from 10 percent to 40 percent; (2) for individuals, previous computation of the OSD based on gross income was changed to gross sales or gross receipts; and (3) the inclusion of corporate taxpayers from those entitled to avail of the OSD. Implementing this was RR 16-08, which emphasized, among others that the OSD allowed to individual taxpayers shall be a maximum of 40 percent of gross sales or gross receipts during the taxable year. It further emphasized that the “cost of sales”

As I noted earlier in this column, the original target of the OSD method of computation were the individual taxpayers to simplify their tax filing. And from the birth of the OSD, the deductibility of costs of sales/ services was recognized for individuals even when availing of the OSD, allowing them to compute the standard deduction based on the gross income.

in case of individual seller of goods, or the “cost of services” in the case of individual seller of services, are not allowed to be deducted for purposes of determining the basis of the OSD, inasmuch as the law (RA 9504) is specific as to the basis thereof.

Compare this to corporate taxpayers. The OSD allowed shall be in an amount not exceeding 40 percent of their gross income. Corporations are allowed to deduct the cost of sales from the sales to arrive at the gross income, and from the gross income the OSD is computed and deducted to arrive at the net taxable income.

For the individuals, on the other hand, the OSD is computed and deducted from the gross sales/receipts to arrive at the net taxable income.

Effectively, in computing the net taxable income for individual taxpayers using the OSD, the cost of sales or cost of services are not allowed as deductions. And so there is a marked distinction in the computation of net taxable income for individual taxpayers and corporate taxpayers electing to compute the income tax liability using the OSD method.

As I noted earlier in this column, the original target of the OSD method of computation were the individual taxpayers to simplify their tax filing. And from the birth of the OSD, the deductibility of costs of sales/services was recognized for individuals even when availing of

Senator Panfilo Lacson and Senator Richard Gordon make no bones of their desire to serve as president of our country. No one doubts their resolve to be of greater service to our country and the presidency is the only missing position in their colorful political career. From the start, both have not shown enthusiasm to join 1Sambayan. They are both fiercely independent and they can always launch their own presidential campaign sans a major political party backing them up. In fact, that was what they did in the past, but unfortunately they both failed. Their vast experience and preparedness for the office are formidable assets that can set them apart from the common run of aspirants. The equation will not be complete unless their participation or non-participation in the presidential derby is resolved.

This recent development should augur well for VP Leni. We can understand her present indecision to enter the presidential derby. Meeting the stiff criteria set by the convenors, including winnability, is not the only consideration. With her emerging as the likely choice and the withdrawal of other contenders who may throw a monkey wrench in case they are not chosen, there is a greater chance of achieving unity and fielding a common opposition candidate. The remaining problem is funding. If she is seen by big businesses and kingmakers as a viable candidate, money will pour in. President Duterte won despite all his handicaps at the start of the campaign. Yet a couple of weeks before the election, he was seen to be the winner even by the ruling party. Otherwise, why did it propose to Senator Poe, the other major contender, to withdraw her candidacy and endorse Senator Mar Roxas so that their combined votes and resources could overcome President Duterte’s wide lead? The voters knew the real score and they voted as called by the pollsters.

Robredo has the momentum now.

She should seize the moment. She cannot choose the time. Time chooses her.

the OSD, allowing them to compute the standard deduction based on the gross income. Why had this suddenly changed when the same option was extended to corporate taxpayers? I am not sure of the answer, but I see no reasonable justification. A law pending in Congress seeks to standardize the availment of optional standard deduction for taxpayers and eliminate the difference between corporate and individual taxpayers. This is certainly a welcome development for individual taxpayers. Hence, we hope that this bill will be passed soon.

In addition to the change to gross income for individual taxpayers, perhaps the proviso on general professional partnerships and their partners should also be modified.

The proviso currently provides that the GPP or the partner shall avail of the OSD only once, either by the GPP or by the partner. That seems to be anchored on the fact that individuals claim OSD based on the gross sales/ receipts. With the proposed amendment, the proviso may simply state —a partner opting to avail of the standard deduction shall report his share in the gross income of the GPP and claim the OSD based on his reported share in the gross income of the firm. That effectively allows the individual to claim his proportionate share in the cost of sales/services of the firm and at the same time allowing him to claim OSD.

The author is a senior associate of Du-Baladad and Associates Law Offices (BDB Law), a memberfirm of WTS Global.

The article is for general information only and is not intended, nor should be construed as a substitute for tax, legal or financial advice on any specific matter. Applicability of this article to any actual or particular tax or legal issue should be supported therefore by a professional study or advice. If you have any comments or questions concerning the article, you may e-mail the author at jomel.manaig@ bdblaw.com.ph or call 403-2001 local 380.

A16 Tuesday, June 15, 2021

PHL’S FUNA REELECTED CHAIRMAN AT ASIAN RE

I

NSURANCE Commissioner Dennis B. Funa was reelected as the chairman of the management board of Asian Reinsurance Corporation (Asian Re).

Funa is set to serve a fresh new two-year term of office from 2021 until 2023 following his reelection on June 10, the Insurance Commission said in a statement.

“I am deeply honored to have been reelected as Chairperson of Asian Re. The trust and confidence reposed upon me by the Council of Members have been truly overwhelming and inspiring. I look forward to working closely with the other members of the Council in realizing Asian Re’s objectives,” said Commissioner Funa.

Prior to his reelection, Funa had been serving his first term of office as chairman of Asian Re’s management board since June 28, 2019. He has also previously served as vice chairman with a two-year term which ended in 2019.

Established in 1979, Asian Re is an intergovernmental organization owned today by 10 governments comprising the Council of Members, including Afghanistan, Bangladesh, Bhutan, China, India, Iran, South Korea, Sri Lanka, Thailand and the Philippines. The organization is headquartered in Bangkok and it aims to be the leading professional reinsurer in Asia-Pacific region.

Its affairs are run by a management board consisting of the chairman and vice chairman representing the Council of Members, as well as the president and executive vice president of Asian Re. The management board meets every quarter, or at least three times a year.

Former Philippine Insurance Commissioner Gregoria Cruz Arnaldo was the first chairperson of Asian Re, who served for two terms: from May 28, 1979 until September 22, 1981, and from September 23, 1983 until May 26, 1985.

The concept of a regional reinsurer was developed gradually starting 1972 during the third session of the United Nations

funa Conference on Trade and Development (Unctad).

In 1974, 18 members of the United Nations Economic and Social Commission for Asia and the Pacific (Unescap) agreed in principle to establish a regional reinsurance institution.

A draft intergovernmental agreement was written in 1976 and in 1977 it was signed by seven countries. The Philippines signed the agreement creating Asian Re on September 30, 1977.

The inaugural meeting of the Council of Members was held in May 1979.

Following the Philippines’s signing of the Agreement in 1977, President Ferdinand E. Marcos issued Presidential Decree (PD) No. 1270 establishing the National Reinsurance Corporation of the Philippines, which was authorized to subscribe to the portion of the capital stock of Asian Re allotted to the Philippines. The Philippine Insurance Commissioner was also designated as the representative to the Asian Re Council of Members pursuant to Section 3 of PD No. 1270.

As of 31 December 2019, Asian Re has shareholder equity of US$69,755,581. The 10 regular members of the Council have varying equity holdings, the largest of which are those of Iran and Thailand. The Philippine equity in Asian Re is presently at US$500,000.

In May this year, A.M. Best, a US-based credit rating agency that focuses on the insurance industry, affirmed Asian Re’s Financial Strength Rating of “B+” (Good). Bernadette D. Nicolas

‘Investing in green growth to help countries’ recovery’

I

By Cai U. Ordinario

@caiordinario

NVESTING in green growth will allow developing countries like the Philippines to recover from the pandemic and meet the Sustainable Development Goals (SDGs), according to economists from the Asian Development Bank (ADB).

In an Asian Development Blog, a team of ADB economists led by Shu Tian and Donghyun Park of the bank’s Economic Research and Regional Cooperation Department (ERCD) said investing in green growth will require both the public and private sector.

Investments should be made in green energy and transport, clean water, and the broader blue economy, and with social benefits like poverty reduction, jobs, gender empowerment, and equitable access to health and education services.

“A fundamental challenge facing developing economies in Asia is the financing of a green and inclusive recovery. The huge funding needs are often beyond the means of the public sector,” the economists said.

“Therefore, Asian economies must attract more private capital to close the funding gap by mobilizing resources from a much broader funding base. The participation of private capital can also foster risk sharing on green and social investments,” they added.

These investments will go a long

way, especially where the SDGs are concerned. The economists said data showed annual investment in SDGs by developing countries is currently around $1.4 trillion, 69 percent short of its target.

This means there is an annual financing gap of as much as $3.1 trillion from the recommendation of the United Nations Conference on Trade and Development (Unctad).

Based on the Unctad, globally, developing countries need to invest as much as $4.5 trillion annually from 2015-2030 to meet the SDGs. “We also found that the pandemic may add substantially to the financing requirements of meeting the SDGs. The sharp economic downturn due to Covid-19 has a bigger impact on the poor and has likely exacerbated inequality,” the authors said.

“Lockdowns and other social distancing measures have a bigger impact on less-skilled workers than professionals and office workers who can work remotely from home,” they added.

In its Asian Development Outlook (ADO) 2021, ADB downgraded its forecast for Philippine GDP to a

“floor” of 4.5 percent this year, significantly lower than the 6.5 percent it projected for 2021 last year.

In 2022, the economy is forecasted to grow 5.5 percent.

Prior to the pandemic, the last time the economy posted a growth of below 6 percent was in 2011 when GDP growth averaged 3.9 percent. The ADB projections are also below the government’s growth expectations.

Data showed ADB projects inflation to average 4.1 percent this year and 3.5 percent next year. The new 2021 forecast is higher than the bank’s estimate of 2.6 percent made last year.

Merchandise exports are expected to post a growth of 6.6 percent in 2021 and 10.2 percent in 2022.

Imports are projected to grow 9.6 percent this year and 12.5 percent next year. The country’s trade deficit is expected to reach $36.35 billion this year before widening to $42.03 billion next year.

ADB said economic growth drivers for this year and next year include the government’s infrastructure spending and social assistance; the implementation of Covid-19 vaccination; and the recovery of the global economy.

POEA, DFA move on case of 13 stranded PHL sailors in China

By Samuel P. Medenilla

T

@sam_medenilla

HE Philippine Overseas Employment Administration (POEA) has ordered the immediate repatriation and assistance to the 13 Filipino seafarers reported in China.

In a phone interview, POEA administrator Bernard P. Olalia said he issued the order to the manning agency of the concerned sailors, Magsaysay Maritime Corporation (MMC).

In a separate development, Foreign Affairs Secretary Teodoro L. Locsin Jr. sounded alarmed when apprised of the sailors’ plight, and in a tweet, urged DFA Undersecretary Sarah Lou Arriola to attend to the matter.

The Filipinos were part of the crew of MV Angelic Power, a bulk carrier currently anchored in China.

“My instruction to them [Magsaysay, the manning agency] is to repatriate them immediately. No ifs and buts. Immediately when the employment contract is terminated, they should be repatriated; immediately of course subject to

travel restrictions,” Olalia said.

POEA asked MMC to submit an update on the status of the concerned sailors, who complained they have been stranded in China for several months now without any pay after their employer become embroiled in a case before a Chinese court.

Olalia said if MMC fails to comply with his instruction, he may be compelled to order the suspension of its license.

In a statement, MMC said it is doing its best to immediately repatriate and ensure the payment of wages for the affect seafarers.

“We are coordinating with our principal, the ship managers, to make this happen at the soonest possible time. Unfortunately, and much to our regret and frustration, this is easier said than done because of legal and regulatory considerations,” MMC explained “In view of these complications, our principal has engaged lawyers to represent the interests of our crew in these proceedings and to help navigate other issues that may arise in the process of bringing them safely back home,” it added.

OFW IN ACTION, AT HOME Transportation Secretary Art Tugade and Sta. Clara International Corp. President Nick Linao share a light moment with former OFWs coming from different overseas assignments who have been hired to work on building the Balagtas, Guiguinto and Malolos PNR stations by Sta. Clara, the subcontractor engaged by the general contractor, Sumitomo Mitsui Construction Co. Ltd. NONIE REYES

₧6-B BARMM budget for supplies questionable–group

S

AYING they want nothing but for the Bangsamoro Autonomous Region in Muslim Mindanao to succeed, the Malayang Lipunan Movement (MLM) Mindanao chapter is urging the Senate to conduct an inquiry on what it calls “questionable” maintenance and operating expenses incurred

by BARMM amounting to billions of pesos.

Jhannah Villegas, MLM Mindanao director, said that based on a copy of the budget they received from BARMM, the region received a huge budget and a substantial amount was allegedly spent on “Maintenance and Other Operating Expenses (MOOE) that includes but not limited to Supplies and Materials.”

Villegas said in a statement, “We

demand absolute transparency on where all these moneys went if we want the BARMM to succeed and not go the same way as the failed Autonomous Region in Muslim Mindanao (ARMM).”

For instance, Villegas added, “prudent dictates that...a P6-billion budget for supplies for a year is highly questionable, unconscionable, extravagant and highly immoral.”

Records it obtained, the group said, show that in 2020, the total Supplies and Materials of BARMM Government was P2,717,741,060, and it ballooned to more than P6 billion for 2021—roughly a 120.20-percent increase.

The MLM director said it is also worth noting that the BARMM Government is actually still in the

process of recruitment, such that various field offices in the five provinces are still not operating at full capacity.

“It is a blunder that you have a huge budget for supplies and materials and no personnel are doing administrative or clerical work.

Still, the amount is very huge and mind-boggling,” Villegas noted.

The BARMM has a combined budget of P160.8 billion for fiscal year 2020 and 2021.

As mandated by law, its 2020 annual budget is P75.6 billion, which was then increased to P85.2 billion for 2021.

However, the Senate recently adjourned sine die the Second Regular Session of the 18th Congress last June 4 and won’t be back in session until after the third week of July.

Earlier, Sen. Imee Marcos filed Senate Resolution No. 729 on May 24 2021, directing the Senate Committee on Finance to conduct an inquiry into the expenses on rehabilitation, development projects of conflict-affected community in the region, saying, “there is too little progress and change in the Bangsamoro Autonomous Reg ion in Muslim Mind anao (BARMM).”

The senator said under the General Appropriations Act (GAA) of 2020, the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) was allocated an annual appropriation of P7 billion, an Annual Block Grant of P63.6 billion, and a Special Development Fund of P5 billion.

Continued on A2

Editor: Jennifer A. Ng

Companies BusinessMirror

Tuesday, June 15, 2021

B1

Venture Securities license revoked over R&L mess

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By VG Cabuag

@villygc

he Securities and Exchange Commission (SEC) has revoked the license of Venture Securities Inc. and slapped the brokerage firm, its officers and employees a total fine of P32 million for the fraudulent transfer of client shares from R&L Investments Inc. In its decision dated June 11, the agency’s special hearing panel found acts and omissions on the part of Venture Securities and its officers that have “indispensably contributed to, if they had not been the proximate cause of, the losses incurred by the clients of R&L.” In November 2019, the SEC ordered the Capital Markets Integrity Corp. (CMIC) to take over the operations of R&L following the discovery of unauthorized transfers of shares to the account of a certain Julieto Sulapas in Venture Securities.

The transactions—facilitated by Marlo Moron on behalf of Sulapas while acting as a trading floor assistant and settlement clerk of R&L

through transfers of shares from one broker to another, also known as EQ trades—resulted in the loss of P700 million worth of client shares in R&L, one of the oldest brokerages in the Philippines.

On its part, Venture Securities and its president Wilfred Racadio, associated person Adora Aguilar, salesman Loreto Balabis and settlement head Teresita Mosenabre failed to observe know-your-client procedures and other controls mandated

by Republic Act 8799, or the Securities Regulation Code (SRC), the panel said.

For one, the officers of the brokerage firm were not present when Sulapas opened an account and failed

to verify the authority of Moron to transact on behalf of Sulapas.

Separate investigations conducted by CMIC and the SEC Markets and Securities Regulation Department revealed that Sulapas’ transactions under his Venture Securities’ account amounting to P9.9 million were “grossly disproportionate” to his declared total net worth, liquid net worth, and annual income of less than P1 million, as reflected in his customer account information form as of October 2017.

The brokerage firm also failed to report suspicious transactions to the Anti-Money Laundering Council and somehow even helped Sulapas evade the reporting threshold by issuing multiple checks for amounts lower than P500,000, the panel said.

The panel noted that the broker failed to maintain and keep a current and complete set of its books and records in violation of the SRC, and lacked clear customer acceptance policies and procedures, among others.

“We cannot tolerate and ignore any act or omission on the part of those involved in the capital market which would violate the norm set by the securities law especially on the transactions and responsibilities of broker dealers and that would diminish or even just tend to diminish the faith of the investors on the

integrity of the capital market,” the SEC panel said.

“Likewise, the practice of installing undiscerning persons in entities involved in the capital market cannot be tolerated, let alone allowed to perpetuate. This must be curbed by holding accountable those who consciously and willfully commit wrongful acts in the performance of their duties as officers, registered persons or employees.”

The panel slapped fines amounting to P8 million on Venture Securities, P9 million on Racadio, P8 million on Aguilar, P5 million on Balabis and P2 million on Mosenabre.

The SEC revoked the registration and license of Venture Securities as broker/dealer, and disqualified Racadio, Aguilar Balabis and Mosenabre from being registered persons of the company. Racadio was also disqualified from being an officer, director, or person performing similar functions of a broker.

“For this reason, it is totally unacceptable and unconscionable to place the respondents’ act and imprimatur on these issues that seriously endanger the integrity of entire securities market. For this Commission to copout and to close its eyes to these acts and deeds, while convenient, would be to abandon its duty of safeguarding public interest and the integrity of the capital market.”

PIK enters PHL real estate market

A

s part of its plan to expand in Asia, Russian homebuilder PIK has entered the online real estate market in the Philippines by listing its maiden property offering on digital property platform Lamudi.

One Sierra, the company’s first development project in the Philippines, will bring 250 high-quality units spread across 30 floors.

“With only 10 units per storey, residents will enjoy unparalleled exclusivity. Geared towards privacy and wellness, it will feature amenities including a swimming pool and deck area, gym and wellness area, and a function room,” the company said.

“This low-density condominium also reflects the needs of the Philippine market given the ongoing lockdowns that have paved the way for a work-from-home setup.”

The company said One Sierra also

offers flexible premium spaces like small office/home office or SOHO units. Sizes range from 32 square meters (sq m) to 84 sqm.

PIK said its partnership with Lamudi “brings together two companies known for revolutionizing the real estate sector.”

The two companies have embraced digital-first strategies amid the health crisis. As early as 2019, PIK has already switched 100 percent of its sales online—the first to successfully implement this in Europe.

Meanwhile, Lamudi pivoted to virtual events in early 2020 to address the difficulties faced by stakeholders in the buying, selling and renting landscape.

“PIK brings its thoughtful attention to detail, cutting-edge technology and rich experience to the Philippine market, with Lamudi as its chosen platform with up to seven

million monthly pageviews from local and overseas property seekers interested in the country’s real estate.”

Given this, the Russian developer said its first local project will make Mandaluyong even more attractive to property seekers. Lamudi data show growth in average monthly pageviews from Makati (14.39 percent), Pasig (80 percent), and Quezon City (95.52 percent). This includes property seekers who may already have at least one vehicle for private transport to work and other essential locations in nearby cities amid the pandemic.

According to the property portal’s 2020 data, garage, carport and secure parking were some of the considerations of house hunters looking into Mandaluyong, with these amenities factoring into 11.67 percent of searches into the city.

“We are honored to be working with Europe’s largest homebuilder

to bring quality homes to property seekers in Mandaluyong. With One Sierra units available on the Lamudi platform, we bring property seekers closer to their dream home,” said Kenneth Ster n, chief executive officer of Lamudi.

PIK is the largest homebuilder in Russia and Europe in terms of market capitalization among public homebuilders and 2020 area of construction.

Headquartered in Moscow, it has already built around 500,000 comfort class urban homes.

Roderick L. Abad

‘Declare Marinduque as mine-free zone’

A

local nongovernment organization (NGO) based in Marinduque is appealing to President Duterte to deny all mining applications in the island province.

The Marinduque Council for Environmental Concerns, Inc. (MACEC) based in Boac, Marinduque is a support group for plaintiffs in a case filed against Barrick Gold, Marcopper Mining Corp., and Placer Dome Inc. Marcopper and Placer Dome, Inc. are based in Canada. The company figured in the 1996 toxic spillage when the drainage tunnels of its open-pit mines broke causing about 2 to 3 million tons of toxic mine tailings.

To support its appeal to Duterte, the group has forwarded resolutions and statements to the Regional Office of the National Economic and Development Authority (NEDA) for MIMAROPA, including an appeal from Former Associate of the Supreme Court and now Marinduque Governor Presbitero Velasco Jr. to the president to deny all mining applications in Marinduque.

In the document submitted to the office of NEDA OIC-Director Augustin Mendoza, the group stated that 41 resolutions and statements from the provincial government of Marinduque and civil society organizations are urging the national government to deny min-

ing applications in the province. The provincial government, academe and civil society groups also want to delist Marinduque in the mining tenement area and to declare the province a mining-free zone in response to the lifting of the mining moratorium under Executive Order (EO) 130 issued by Malacañang.

“The petition filed by the people of the

Province of Marinduque contained an overwhelming evidence and reasons against allowing corporations to mine the island,” Yoly Esguerra, National Coordinator Church-based NGO Partnership Mission for People’s Initiatives, said in a statement.

The groups also appealed for the revocation of Duterte’s EO 130. Jonathan L. Mayuga

EXPANDED INTERNATIONAL OFFICE Alas Oplas & Co., certified public accountants, is expanding and just had a new office for international works, a larger and better looking office at 10F Unit 8 CTP Asean Tower, Filinvest, Alabang, Muntinlupa City. Last June 2, the firm had it blessed to bring in goodwill, prosperity and success. The office blessing was officiated by Fr. Ogie Orpiada of The National Shrine of Sacred Heart. The event was attended by Chairman/CEO Donnies T. Alas together with Managing Partner and Ex Officio Asia Pacific Board Marycris S. Oplas, who is also the worldwide vice chair of BKR International. Others in the photo are Iller Anisco, director for audit; Sofia Rosal, head of finance; and Dette Follero, senior officer for information technology. Contributed Photo

Globe warns public against resellers of tampered modems

BusinessMirror file photo

U

NSCRUPULOUS individuals and retail establishments have been selling Globe Telecom Inc.’s WiFi modems that are branded as Dito Telecommunity Corp., prompting Globe to issue a warning to customers and the public.

Yol a nd a C . C r i s a nto, t he spokesperson for Globe, said sellers of Dito-branded Globe WiFi modems are unlocking the devices and substituting the Globe SIM card with a Dito SIM card.

“We are prepared to take the necessary legal action against these unscrupulous individuals and establishments carrying out these deceptive business practices, through the assistance of law enforcement authorities,” she said.

Dito Chief Administrative Officer Adel B. Tamano noted that his group has nothing to do with the illegal activity.

“It has come to our attention that there are so-called Ditobranded modems that are being

sold online. Let me take this opportunity to assure the public that the unauthorized use of the Dito branding in any form shall result in the possibility of prosecution for intellectual property infringement,” he said.

As of today, Dito has yet to offer modems or pocket WiFi devices, as it is still focused on building its mobile base.

“Dito cannot and will not guarantee the performance and service should our SIM cards be used in these unauthorized devices in the market today,” Tamano said.

Cr isa nto urged t hose who bought or are aware of the sale of the unlicensed devices to report the matter to the Department of Trade and Industry Consumer Protection Group and to Globe’s official social media channels.

“In addition, we are reminding the public to buy only from legitimate Globe At Home stores, authorized dealers and online sites to ensure quality and service guarantee,” Crisanto said. Lorenz S. Marasigan

B2

Companies BusinessMirror

Tuesday, June 15, 2021

Gencos submit explanation for power outages to ERC

A

By Lenie Lectura

@llectura

ll 17 power generation companies (gencos) earlier found to have plant outage allowance breaches have turned in their explanations to the Energy Regulatory Commission (ERC).

ERC Commissioner Floresinda Digal said Monday that the last two gencos have submitted their reply Monday morning. “It is complete now. Their responses have just been submitted to us.”

The agency has commenced to validate their reasons as to why 35 of their generating units were on prolonged outage. She did not give a timetable as to when it would finish the review.

“The time to decide will depend on the explanations offered. We don’t want to commit. But it will be resolved as soon as all proceedings and evidences are in and evaluation is complete,” Digal said.

The 17 gencos are Sem Calaca Power Corp., GN Power Mariveles Center Ltd. Co., Masinloc Power

Partners Co. Ltd., Southwest Luzon Power Generation Corp., Team Sual Corp., SPC Power Corp., Panay Power Corp., SN Aboitiz PowerBenguet Inc., CBK Power Co. Ltd., SPC Island Power Corp., First Natgas Power Corp., FGP Corp., First Gas Power Corp., Power Sector Assets and Liabilities Management Corp., Energy Development Corp., Hedcor Bukidnon Inc.; and PSALM-Soosan ENS Co. Ltd. Some explanations raised for extended plant outages are travel restrictions imposed on foreign nationals, and delays in the arrival of supplies and materials brought about by the pandemic.

The ERC said they have breached the maximum allowable unplanned outage days for 2021.

An overhead power line used for electricity transmission and distribution across large distances is seen in Bulacan. BusinessMirror file photo

Under ERC Resolution No. 10, Series of 2020 titled “A Resolution Adopting the Interim Reliability Performance Indices and Equivalent Outage Days Per Year of Generating Units,” a cap for annual unplanned outages per generating plant technology was set.

ERC Chairperson Agnes Devanadera said the rules are meant to promote accountability of gencos, the system operator, and the transmission network provider to achieve greater operations and

economic efficiency. Likewise, the ERC has identified gencos that are not compliant with the reporting requirements. Out of the 2,083 incidents on unplanned outages during the period of January to April, 1,288 incidents were reported.

For the 236 incidents on the planned outages, 220 were reported. The ERC will issue show cause orders to the power firms that did not comply with the reporting requirements of the agency.

mutual funds

June 14, 2021 NAV

One Year Three Year Five Year

per share

Return*

Y-T-D Return

Stock Funds ALFM Growth Fund, Inc. -a

222.75

5.91%

-5.08%

ATRAM Alpha Opportunity Fund, Inc. -a

1.3567

27.09%

-3.98%

1.57%

3.33%

7.41%

-9.61%

-5.55%

-2.49%

-4.96% n.a.

-3.08%

-4.8% n.a.

-1.83%

ATRAM Philippine Equity Opportunity Fund, Inc. -a 3.0549

Climbs Share Capital Equity Investment Fund Corp. -a 0.7791 6.41%

-3.3%

First Metro Consumer Fund on MSCI Phils. IMI, Inc. -a 0.728

2.64%

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

7.89%

-3.17%

-1.93%

First Metro Save and Learn Philippine Index Fund, Inc. -a,4 0.7059

-1.31%

-6.89%

MBG Equity Investment Fund, Inc. -a

-4.78% n.a.

4.861

-1.97%

-1.63% -6.58% -7.09%

97.37

19.25%

PAMI Equity Index Fund, Inc. -a

45.4945

7.21%

-3.3%

-2.04%

-4.48%

Philam Strategic Growth Fund, Inc. -a

479.09

6.35%

-3.23%

-2.38%

-2.02%

Philequity Alpha One Fund, Inc. -a,d,5

1.0694

16.29% n.a. n.a.

-2.54%

-2.89%

Philequity Dividend Yield Fund, Inc. -a

1.1434

7.44%

-3.2%

-1.8%

Philequity Fund, Inc. -a

34.0277

8.57%

-2.74%

-1.11%

-2.12% -2.13% -2.84%

Philequity MSCI Philippine Index Fund, Inc. -a

0.8871

5.87% n.a. n.a.

Philequity PSE Index Fund Inc. -a

4.6607

7.77%

-2.69%

-1.39%

-2.72%

780.49

7.9%

-2.57%

-1.5%

-2.64%

Soldivo Strategic Growth Fund, Inc. -a

0.7095

7.96%

-6.84%

-4.56%

-1.31%

Sun Life Prosperity Philippine Equity Fund, Inc. -a 3.5353

5.88%

-5%

-2.89%

-2.44%

Philippine Stock Index Fund Corp. -a

Sun Life Prosperity Philippine Stock Index Fund, Inc. -a 0.8916 7.32%

-2.93%

-1.66%

-2.84%

United Fund, Inc. -a

-2.96%

-0.53%

-1.8%

-2.36%

-0.9% -2.61%

3.2594

7.19%

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

104.7516

7.84%

Primarily invested in foreign currency securities $1.2772

32.06%

4.87%

8.92%

6.18%

Sun Life Prosperity World Voyager Fund, Inc. -a $1.7736

ATRAM AsiaPlus Equity Fund, Inc. -b

28.69%

10.5%

11.91%

6.03%

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

1.6824

6.95%

-0.37%

-1.23%

0.83%

ATRAM Philippine Balanced Fund, Inc. -a

2.2518

6.41%

-0.68%

-0.29%

-1.47%

First Metro Save and Learn Balanced Fund Inc. -a 2.597

4.92%

-0.05%

-0.51%

-1.14%

First Metro Save and Learn F.O.C.C.U.S. Dynamic Fund, Inc. -a,1 0.1946

1.51% n.a. n.a. -2.01%

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

1.9545

4.59%

1.71%

0.75%

PAMI Horizon Fund, Inc. -a

3.6907

3.92%

0.63%

-0.34%

-2.57%

Philam Fund, Inc. -a

16.5605

4.57%

0.75%

-0.29%

-2.22%

Solidaritas Fund, Inc. -a

2.0639

4.69%

-0.4%

-0.21%

-1.44%

Sun Life of Canada Prosperity Balanced Fund, Inc. -a 3.5206 4.26%

-1.56%

-1.36%

-1.47%

Sun Life Prosperity Achiever Fund 2028, Inc. -a,d 0.9869

2.64% n.a. n.a.

-3.49%

Sun Life Prosperity Achiever Fund 2038, Inc. -a,d 0.9079

3.22% n.a. n.a.

-4.35%

Sun Life Prosperity Achiever Fund 2048, Inc. -a,d 0.8958

4.13% n.a. n.a.

Sun Life Prosperity Dynamic Fund, Inc. -a

5.98%

0.8832

-2.12%

-1.63%

-0.48%

-4% -0.51%

Primarily invested in foreign currency securities Cocolife Dollar Fund Builder, Inc. -a

$0.03821

-0.83%

3.08%

1.4%

-2.33%

PAMI Asia Balanced Fund, Inc. -b

$1.1477

16.03%

2.87%

5.23%

-0.22%

Sun Life Prosperity Dollar Advantage Fund, Inc. -a $4.6979 21.66%

8.26%

8.64%

4.1%

Sun Life Prosperity Dollar Wellspring Fund, Inc. -a,3 $1.2142 11.52%

4.88%

4.76%

1.01%

Bond Funds Primarily invested in Peso securities

ALFM

www.businessmirror.com.ph

PSE STOCK QUOTATIONS

June 14, 2021

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

ASIA UNITED BDO UNIBANK BANK PH ISLANDS CHINABANK CITYSTATE BANK EAST WEST BANK METROBANK PB BANK PBCOM PHIL NATL BANK PSBANK PHILTRUST RCBC SECURITY BANK UNION BANK BRIGHT KINDLE COL FINANCIAL FERRONOUX HLDG IREMIT MEDCO HLDG MANULIFE NTL REINSURANCE PHIL STOCK EXCH SUN LIFE

43.4 113.4 86.35 24.5 7.73 9.73 49.25 10.9 19.64 23.4 55.8 97.15 17.18 122.4 75.35 1.34 4 3 1.33 0.4 948 0.69 199 2,450

44.65 114 86.45 24.55 8.42 9.8 49.3 10.96 20 23.45 56 114.5 17.2 122.8 75.55 1.37 4.09 3.07 1.38 0.42 950 0.72 203 2,470

43.45 110 86 24.5 7.59 9.7 49.85 10.5 19.6 23.25 56 97.05 17.2 122.1 75.95 1.28 4.18 3 1.34 0.4 948 0.69 204 2,470

44 114 86.7 24.55 8.42 9.8 49.85 11 19.98 23.5 56 97.05 17.32 123.5 75.95 1.37 4.18 3.03 1.34 0.42 948 0.72 204 2,470

43.4 109.8 85.1 24.3 7.59 9.68 49.05 10.5 19.58 23.15 55.8 97.05 17.18 122.1 75.2 1.28 3.99 3 1.33 0.4 948 0.69 198.8 2,470

44 114 86.45 24.5 8.42 9.73 49.25 10.96 19.98 23.4 55.8 97.05 17.2 122.8 75.35 1.34 4.09 3 1.33 0.42 948 0.69 203 2,470

21,000 5,170,620 2,408,010 125,300 1,500 107,400 1,521,000 20,900 700 596,700 8,160 10 25,100 472,470 6,100 204,000 278,000 29,000 9,000 30,000 10 9,000 2,270 20

916,845 582,043,056 207,064,988 3,065,130 11,490 1,045,528 74,937,815 228,290 13,828 13,921,220 456,651.50 970.5 431,732 58,057,032 460,400 272,830 1,120,300 87,150 11,990 12,300 9,480 6,270 456,246 49,400

621,455 268,245,987 -48,530,468.50 -244,736 -40,821,055 -110,000 -613,570 29,386 -260,180.50 60,900 1,330 9,480 -

INDUSTRIAL AC ENERGY 8 8.01 7.9 8.06 7.89 8 25,393,500 203,448,141 ALSONS CONS 1.36 1.37 1.37 1.38 1.35 1.37 1,632,000 2,219,160 ABOITIZ POWER 24 24.05 23.45 24.1 23.45 24 7,324,800 175,038,595 BASIC ENERGY 0.77 0.78 0.76 0.79 0.76 0.78 24,042,000 18,694,430 FIRST GEN 30.4 30.45 30.15 30.7 30.1 30.4 410,100 12,455,060 71.5 72 68.75 72 68.75 72 58,680 4,176,569.50 FIRST PHIL HLDG 279.8 280 279 282.2 279 280 125,730 35,228,672 MERALCO 16.02 16.04 15.26 16.04 15.26 16.04 4,259,600 67,254,302 MANILA WATER 3.39 3.4 3.35 3.42 3.31 3.39 1,599,000 5,418,340 PETRON PETROENERGY 4.13 4.2 4.2 4.2 4.2 4.2 17,000 71,400 PHX PETROLEUM 12.8 12.82 13.06 13.06 12.82 12.82 66,700 856,928 PILIPINAS SHELL 20.7 20.75 20.6 20.75 20.55 20.75 234,400 4,840,725 SPC POWER 11.28 11.3 11.56 11.56 11.28 11.3 433,400 4,915,954 VIVANT 14.6 15.04 14.52 15.04 14.52 14.6 2,000 29,432 6.36 6.46 6.4 6.5 6.36 6.36 3,693,100 23,802,880 AGRINURTURE 2.93 2.95 2.98 2.98 2.91 2.93 728,000 2,132,940 AXELUM 75.6 77 75.6 75.6 75.6 75.6 460 34,776 BOGO MEDELLIN CNTRL AZUCARERA 14.2 14.34 14 14.34 14 14.34 17,100 243,816 CENTURY FOOD 23 23.05 23.5 23.5 23 23.05 1,689,000 38,933,350 DEL MONTE 16.62 16.64 16.8 16.8 16.32 16.62 397,800 6,590,188 DNL INDUS 7.98 8 8.01 8.03 7.87 7.98 35,984,000 287,095,130 EMPERADOR 10.3 10.32 10 10.36 10 10.32 400,800 4,121,020 71.1 71.2 71.5 72.5 71.2 71.2 21,210 1,522,847 SMC FOODANDBEV 0.62 0.64 0.65 0.65 0.62 0.65 12,000 7,600 ALLIANCE SELECT FRUITAS HLDG 1.43 1.44 1.44 1.45 1.42 1.44 1,900,000 2,723,290 80 81.75 82.5 82.5 77.7 80 62,950 5,078,539.50 GINEBRA 207.2 207.4 203 208.4 201.8 207.2 1,039,650 214,905,026 JOLLIBEE LIBERTY FLOUR 29.35 29.8 29.8 29.8 29 29.35 21,900 648,170 MACAY HLDG 7.24 7.66 7.24 7.24 7.24 7.24 600 4,344 MAXS GROUP 6.6 6.61 6.52 6.6 6.52 6.6 106,300 699,608 MG HLDG 0.3 0.31 0.315 0.32 0.3 0.31 3,120,000 961,700 14.66 14.68 14.1 14.7 14.06 14.68 11,431,800 166,249,346 MONDE NISSIN 8 8.08 8 8.08 7.96 8.08 295,600 2,360,738 SHAKEYS PIZZA 1.05 1.07 1.06 1.09 1.04 1.05 2,105,000 2,245,290 ROXAS AND CO 4.51 4.62 4.51 4.51 4.51 4.51 6,000 27,060 RFM CORP ROXAS HLDG 1.46 1.5 1.5 1.5 1.5 1.5 3,000 4,500 SWIFT FOODS 0.144 0.145 0.146 0.151 0.142 0.145 55,180,000 8,108,680 UNIV ROBINA 144 144.5 144.2 145.7 144 144.5 156,320 22,579,942 VITARICH 0.94 0.95 0.95 0.96 0.93 0.95 2,453,000 2,326,570 VICTORIAS 2.34 2.4 2.4 2.4 2.23 2.4 1,451,000 3,239,810 1.27 1.28 1.33 1.33 1.24 1.28 9,717,000 12,390,180 CEMEX HLDG 3 3.02 3.09 3.12 2.96 3.02 2,218,000 6,702,210 DAVINCI CAPITAL 14.16 14.6 14.52 14.52 14.3 14.52 175,300 2,537,222 EAGLE CEMENT EEI CORP 7.65 7.75 7.64 7.65 7.6 7.65 46,100 351,961 HOLCIM 6.33 6.45 6.59 6.6 6.05 6.45 836,600 5,316,195 MEGAWIDE 6.99 7 6.8 7.05 6.7 7 1,344,100 9,307,145 PHINMA 12.34 12.7 12.72 12.72 12.34 12.7 100,000 1,247,970 TKC METALS 1.05 1.07 1.05 1.08 1.04 1.07 1,104,000 1,169,970 2.05 2.07 2.11 2.11 2.05 2.05 4,915,000 10,148,630 VULCAN INDL 1.8 1.81 1.78 1.83 1.78 1.81 100,000 180,230 CROWN ASIA EUROMED 1.91 1.92 1.93 1.93 1.92 1.92 28,000 53,810 PRYCE CORP 5.48 5.49 5.5 5.5 5.46 5.48 177,900 976,014 21 21.8 21.85 21.9 21.5 21.8 6,100 133,025 CONCEPCION GREENERGY 4.21 4.22 4.16 4.25 4.14 4.22 14,313,000 60,110,420 INTEGRATED MICR 10.18 10.2 10.08 10.32 10.02 10.18 600,500 6,128,308 IONICS 1.12 1.15 1.16 1.17 1.12 1.12 31,000 35,010 PANASONIC 5.8 5.81 5.89 5.89 5.71 5.8 87,600 508,763 1.36 1.37 1.36 1.4 1.36 1.37 180,000 249,130 SFA SEMICON 5.72 5.73 5.63 5.74 5.63 5.72 689,500 3,931,385 CIRTEK HLDG

8,050,134 -39,152,985 109,590 -176,895 1,405,913.50 -1,173,450 8,417,464 -187,160 863,065 -141,714 -293,562 73,100 -1,426,995 21,420 -25,499,034 -121,824 -318,602.50 -180,000 27,428 103,684,322 -21,081 -9,450 -8,582,682 -743,902 -33,560 14,700 46,591 379,320 -1,005,290 -51,900 11,465 47,198 -254,947 6,234 21,200 53,100 452,648 -3,773,160 1,631,910 -6,950.00 171,300

HOLDING & FRIMS ABACORE CAPITAL 1.1 1.11 1.1 1.15 1.08 1.11 27,334,000 30,540,450 ASIABEST GROUP 7.27 7.38 7.39 7.39 7.38 7.39 1,200 8,858 AYALA CORP 811.5 820 818 820 807 820 93,300 75,952,155 ABOITIZ EQUITY 42.05 42.25 41.25 42.4 41.1 42.25 530,400 22,241,590 ALLIANCE GLOBAL 10.36 10.38 10.24 10.46 10.22 10.38 1,313,300 13,608,842 3.6 3.61 3.4 3.6 3.32 3.6 12,318,000 42,837,750 AYALA LAND LOG 6.91 7 6.9 7.1 6.8 6.91 3,100 21,537 ANSCOR ANGLO PHIL HLDG 1.01 1.02 1.02 1.04 0.96 1.01 18,479,000 18,442,670 0.72 0.73 0.72 0.73 0.71 0.73 619,000 443,450 ATN HLDG A ATN HLDG B 0.7 0.72 0.71 0.72 0.71 0.72 16,000 11,460 BHI HLDG 947 1,949 945 945 945 945 10 9,450 COSCO CAPITAL 5.38 5.39 5.39 5.47 5.35 5.38 1,296,900 7,000,802 DMCI HLDG 6.15 6.18 5.97 6.18 5.95 6.15 11,343,700 69,371,070 FILINVEST DEV 8.06 8.13 8.14 8.14 8.02 8.14 25,100 201,950 0.275 0.295 0.28 0.295 0.27 0.295 560,000 156,700 FORUM PACIFIC GT CAPITAL 595.5 598 599 600 595 598 44,000 26,247,590 60.15 60.25 60.25 60.35 60 60.15 2,001,040 120,354,404.50 JG SUMMIT 0.94 0.95 0.92 0.94 0.9 0.94 2,296,000 2,112,960 LODESTAR LOPEZ HLDG 3.21 3.3 3.16 3.21 3.16 3.21 112,000 358,380 LT GROUP 13.48 13.58 13.38 13.5 13.3 13.48 922,600 12,394,812 MJC INVESTMENTS 1.53 1.64 1.56 1.64 1.56 1.64 2,000 3,200 METRO PAC INV 4.08 4.09 4.06 4.09 4.03 4.09 12,446,000 50,615,380 3.72 3.9 3.75 3.85 3.71 3.85 17,000 64,180 PACIFICA HLDG PRIME MEDIA 3.5 3.54 2.91 3.5 2.91 3.5 25,296,000 82,879,030 2.5 2.87 2.5 2.5 2.5 2.5 2,000 5,000 REPUBLIC GLASS SOLID GROUP 1.19 1.21 1.2 1.2 1.2 1.2 11,000 13,200 SM INVESTMENTS 1,000 1,002 1,010 1,010 996 1,000 111,825 111,871,265 SAN MIGUEL CORP 117.9 118 118.9 118.9 117.6 118 165,390 19,526,334 SOC RESOURCES 0.73 0.76 0.73 0.73 0.73 0.73 40,000 29,200 TOP FRONTIER 128.1 134 128.1 134 128.1 134 1,220 162,209 WELLEX INDUS 0.265 0.275 0.275 0.275 0.26 0.265 1,330,000 361,200 0.23 0.233 0.243 0.243 0.23 0.23 3,850,000 893,730 ZEUS HLDG

395,620 -11,478,020 -324,860 730,880 -744,350 470,830 -1,131,950 6,538,596 -35,816 -14,516,155 30,487,412.50 6,420 -5,423,268 -962,480.00 -668,710 -15,971,025 -2,851,496 -

PROPERTY ARTHALAND CORP 0.62 0.63 0.63 0.63 0.61 0.62 282,000 174,650 AYALA LAND 37.05 37.1 38.2 38.2 36.9 37.05 9,089,600 337,737,640 ARANETA PROP 1.16 1.17 1.22 1.22 1.17 1.17 75,000 89,590 AREIT RT 36.7 36.8 36.5 37 36.45 36.8 338,100 12,412,825 BELLE CORP 1.48 1.5 1.46 1.51 1.46 1.5 477,000 712,390 1.03 1.04 1.02 1.05 1.01 1.03 9,640,000 9,959,240 A BROWN 0.94 0.95 0.96 0.96 0.93 0.94 713,000 668,140 CITYLAND DEVT CROWN EQUITIES 0.127 0.129 0.124 0.129 0.124 0.129 149,930,000 18,606,360 6.74 7 - - - - - - CEBU HLDG CEB LANDMASTERS 7.27 7.28 7.16 7.29 7 7.27 9,717,000 70,155,738 CENTURY PROP 0.42 0.435 0.435 0.435 0.415 0.435 50,910,000 21,519,150 CYBER BAY 0.33 0.34 0.335 0.34 0.33 0.34 940,000 312,800 DOUBLEDRAGON 12.04 12.12 12.06 12.12 12 12.1 580,100 6,993,986 DDMP RT 1.94 1.95 1.93 1.97 1.92 1.95 19,688,000 38,147,600 6.84 6.85 6.73 6.92 6.73 6.85 96,200 658,948 DM WENCESLAO EMPIRE EAST 0.295 0.305 0.29 0.3 0.29 0.3 1,210,000 358,500 0.52 0.53 0.38 0.56 0.365 0.52 451,180,000 209,636,400 EVER GOTESCO 1.1 1.11 1.09 1.11 1.08 1.1 8,546,000 9,369,110 FILINVEST LAND GLOBAL ESTATE 0.88 0.9 0.88 0.88 0.88 0.88 40,000 35,200 8990 HLDG 7.31 7.52 7.55 7.55 7.28 7.53 1,900 14,260 PHIL INFRADEV 1.36 1.37 1.36 1.39 1.36 1.37 1,697,000 2,324,950 CITY AND LAND 1.88 1.89 1.87 1.89 1.81 1.88 3,101,000 5,723,610 3.24 3.25 3.23 3.26 3.21 3.24 41,203,000 133,226,140 MEGAWORLD 0.38 0.385 0.39 0.39 0.38 0.385 37,080,000 14,254,150 MRC ALLIED 0.6 0.61 0.63 0.63 0.59 0.6 8,277,000 4,980,430 PHIL ESTATES 3.66 3.67 3.71 3.71 3.56 3.67 3,033,000 11,001,920 PRIMEX CORP 17.96 18.1 18.3 18.3 17.82 18.1 4,561,000 82,841,622 ROBINSONS LAND PHIL REALTY 0.245 0.248 0.243 0.244 0.242 0.244 740,000 180,190 ROCKWELL 1.49 1.5 1.49 1.5 1.49 1.5 204,000 304,780 SHANG PROP 2.64 2.72 2.71 2.72 2.71 2.72 61,000 165,670 STA LUCIA LAND 2.56 2.61 2.62 2.62 2.55 2.62 69,000 179,020 37 37.5 37 37.5 36.75 37.5 1,672,800 62,183,600 SM PRIME HLDG 3.79 3.9 3.8 3.93 3.8 3.9 11,000 42,550 VISTAMALLS SUNTRUST HOME 1.72 1.75 1.68 1.77 1.65 1.75 1,053,000 1,786,360 3.85 3.86 3.88 3.99 3.84 3.85 20,400,000 78,817,930 VISTA LAND

SERVICES ABS CBN 11.42 11.64 11.34 11.66 11.2 11.66 196,700 2,239,290 GMA NETWORK 12.46 12.48 11.44 12.66 11.44 12.48 9,873,200 121,130,876 MLA BRDCASTING 10 10.56 10.56 10.56 10.56 10.56 300 3,168 GLOBE TELECOM 1,890 1,895 1,857 1,895 1,845 1,895 104,460 195,589,460 PLDT 1,312 1,315 1,315 1,320 1,311 1,312 49,010 64,393,450 0.178 0.179 0.18 0.181 0.175 0.178 259,770,000 46,241,600 APOLLO GLOBAL 21.6 21.65 21.7 21.9 21.4 21.6 4,978,400 107,815,635 CONVERGE 4.04 4.05 4.08 4.15 4 4.05 205,000 833,290 DFNN INC 9.42 9.43 9.75 9.75 9.42 9.42 10,128,500 96,206,249 DITO CME HLDG JACKSTONES 2.24 2.26 2.24 2.26 2.24 2.26 18,000 40,660 NOW CORP 2.36 2.37 2.35 2.4 2.33 2.36 1,081,000 2,546,790 TRANSPACIFIC BR 0.425 0.43 0.445 0.45 0.43 0.43 12,450,000 5,430,150 PHILWEB 2.49 2.5 2.5 2.5 2.45 2.5 363,000 903,540 2GO GROUP 8.6 8.74 8.74 8.74 8.6 8.74 18,600 161,528 14.7 15.18 14.6 14.7 14.6 14.7 43,500 636,170 ASIAN TERMINALS 3.1 3.12 3.1 3.14 3.1 3.11 346,000 1,076,970 CHELSEA 51.7 51.8 49.8 51.8 49.7 51.7 987,600 50,242,610 CEBU AIR 153.5 153.7 150.5 154.8 150 153.7 1,158,350 177,982,437 INTL CONTAINER LBC EXPRESS 16.82 17.98 16.8 18 16.8 17.98 5,900 101,218 LORENZO SHIPPNG 1.01 1.08 1.08 1.09 1.01 1.08 321,000 326,760 MACROASIA 6 6.01 5.63 6.03 5.63 6 6,390,000 37,715,940 METROALLIANCE A 2.24 2.27 2.31 2.32 2.24 2.27 74,000 168,070 2.21 2.3 2.21 2.21 2.21 2.21 1,000 2,210 METROALLIANCE B PAL HLDG 6.16 6.17 6.15 6.18 6.15 6.16 64,600 398,308 1.19 1.2 1.2 1.2 1.17 1.19 268,000 317,700 HARBOR STAR 1.61 1.68 1.65 1.72 1.57 1.72 112,000 176,660 ACESITE HOTEL BOULEVARD HLDG 0.132 0.133 0.139 0.144 0.128 0.132 1,309,170,000 177,280,010 DISCOVERY WORLD 3.28 3.35 3.38 3.38 3.28 3.3 114,000 377,540 WATERFRONT 0.55 0.56 0.57 0.57 0.55 0.56 1,607,000 889,600 CENTRO ESCOLAR 6.53 6.72 6.59 6.59 6.59 6.59 13,000 85,670 FAR EASTERN U 610 660 647 668 647 647 130 85,370 0.375 0.38 0.375 0.38 0.375 0.38 590,000 221,600 STI HLDG 5.19 5.27 5.19 5.27 5.19 5.27 5,400 28,162 BERJAYA BLOOMBERRY 7.18 7.2 7.3 7.3 7.16 7.2 758,500 5,474,153 2.05 2.1 2.1 2.1 2.1 2.1 1,000 2,100 PACIFIC ONLINE LEISURE AND RES 1.66 1.69 1.67 1.7 1.65 1.66 363,000 602,970 MANILA JOCKEY 2.07 2.08 2.08 2.08 2.08 2.08 10,000 20,800 PH RESORTS GRP 2.1 2.11 1.93 2.16 1.92 2.11 13,513,000 27,823,200 PREMIUM LEISURE 0.43 0.435 0.435 0.44 0.425 0.435 2,390,000 1,036,000 PHIL RACING 5.8 6.2 5.8 6.2 5.8 5.8 4,400 25,640 8 8.01 7.88 8.03 7.88 8 398,700 3,188,473 ALLHOME 1.35 1.36 1.37 1.39 1.35 1.36 394,000 540,860 METRO RETAIL 39.35 39.4 39.1 39.35 39 39.35 884,300 34,704,330 PUREGOLD 51.05 51.1 51.9 52 51.1 51.1 843,760 43,386,186 ROBINSONS RTL PHIL SEVEN CORP 101 104 101 101 101 101 150 15,150 SSI GROUP 1.26 1.29 1.26 1.29 1.24 1.26 3,715,000 4,671,040 WILCON DEPOT 18.84 18.94 19 19 18.78 18.84 739,300 13,916,110 APC GROUP 0.385 0.395 0.385 0.4 0.385 0.4 190,000 73,650 5.98 5.99 6 6 5.96 5.98 20,600 123,316 EASYCALL 410.4 433.2 410.2 433.2 410.2 433.2 1,700 733,226 GOLDEN MV IPM HLDG 5.4 5.5 5.5 5.5 5.5 5.5 12,000 66,000 PAXYS 2.26 2.46 2.26 2.26 2.26 2.26 20,000 45,200 PRMIERE HORIZON 1.67 1.68 1.67 1.69 1.62 1.67 20,008,000 33,160,030

-125,174,310 -6,242,540 -55,040 -1,040,710 -1,270 3,664,476 324,200 23,450 -1,604,780 -1,502,960 -30,000 -525,700 -946,580 -4,530 6,890 -293,740 -43,114,630 827,750 -207,170 1,147,180 47,872,460 -27,450 -29,677,215 115,600 -2,802,690 88,101,380 -6,460,040 -135,170 2,279,470 36,260 -3,441,989 -22,600.00 269,740 102,550 860 341,932 -217,800 9,768,105 951,017 30,399 111,492 -9,470 246,250.00 16,500 22,000 120,000 -3,462,632 142,250 2,332,070 8,500 -928,236 10,940 -339,585 5,029,286 3,030 -2,331,130 2,543,738 7,700 -39,080 -3,206,780

MINING & OIL ATOK 10.12 10.16 10 10.3 10 10.16 783,600 7,974,932 1,228 APEX MINING 1.7 1.71 1.72 1.74 1.69 1.7 5,978,000 10,219,520 -254,710 ATLAS MINING 7.53 7.54 7.5 7.69 7.49 7.53 2,642,600 19,947,349 -880,637 ATRAM Corporate Bond Fund, Inc. -a 1.9261 -0.58% 1.19% 0.24% 1.36% BENGUET A 5.5 5.57 5.35 5.88 5.26 5.57 581,700 3,232,218 5.3 5.43 5.21 5.42 5.21 5.4 78,700 421,315 10,500 BENGUET B Cocolife Fixed Income Fund, Inc. -a 3.227 1.34% 3.8% 4.36% 0.38% 0.31 0.32 0.31 0.32 0.305 0.32 320,000 98,900 COAL ASIA HLDG Ekklesia Mutual Fund Inc. -a 2.2596 -0.94% 2.23% 1.42% -1.59% CENTURY PEAK 2.8 2.88 2.87 2.88 2.71 2.88 83,000 228,570 100,860 6.9 7.04 7.05 7.2 6.87 7.04 18,200 127,922 11,946.00 DIZON MINES First Metro Save and Learn Fixed Income Fund,Inc. -a 2.4404 0.24% 3.25% 1.77% -0.52% FERRONICKEL 2.48 2.49 2.55 2.55 2.46 2.49 3,142,000 7,844,190 1,723,210 GEOGRACE 0.35 0.355 0.36 0.36 0.34 0.35 2,780,000 964,450 10,500 Philam Bond Fund, Inc. -a 4.4995 -1.16% 4.31% 1.72% -2.92% LEPANTO A 0.156 0.157 0.165 0.165 0.156 0.156 120,990,000 19,191,430 LEPANTO B 0.159 0.161 0.163 0.168 0.16 0.16 5,430,000 882,500 Philam Managed Income Fund, Inc. -a,6 1.3257 2.84% 4.31% 2.81% 0.34% MANILA MINING A 0.012 0.013 0.013 0.013 0.012 0.012 438,400,000 5,286,700 0.013 0.014 0.013 0.014 0.013 0.013 42,700,000 555,200 -253,400 MANILA MINING B Philequity Peso Bond Fund, Inc. -a 3.9747 1.27% 4.43% 2.33% -0.66% 1.24 1.26 1.26 1.27 1.22 1.24 1,748,000 2,154,510 224,360 MARCVENTURES Soldivo Bond Fund, Inc. -a 1.0369 1.34% 4.6% 1.86% -0.49% 1.48 1.49 1.47 1.49 1.44 1.48 214,000 313,130 NIHAO NICKEL ASIA 5.12 5.13 5.1 5.18 5.1 5.12 2,156,600 11,050,697 636,477.00 Sun Life of Canada Prosperity Bond Fund, Inc. -a 3.2101 1.76% 5.43% 2.81% 0.13% OMICO CORP 0.4 0.41 0.4 0.4 0.4 0.4 30,000 12,000 ORNTL PENINSULA 1.08 1.09 1.05 1.09 1.05 1.09 3,849,000 4,135,980 -86,400 Sun Life Prosperity GS Fund, Inc. -a 1.7481 0.73% 4.7% 2.1% -0.39% PX MINING 7 7.05 7.1 7.15 6.98 7 1,967,600 13,790,564 -212,815 SEMIRARA MINING 14.3 14.36 14.18 14.4 14.16 14.3 1,271,900 18,244,116 641,118 Primarily invested in foreign currency securities 0.0098 0.0099 0.01 0.01 0.0096 0.0098 60,300,000 590,910 23,310 UNITED PARAGON 17.1 17.2 17.3 17.48 17.2 17.2 172,700 2,996,032 -176,444 ACE ENEXOR ALFM Dollar Bond Fund, Inc. -a $485.84 2.76% 3.21% 2.34% 0.41% 0.011 0.013 0.012 0.013 0.012 0.013 288,800,000 3,472,600 ORNTL PETROL A ORNTL PETROL B 0.012 0.013 0.012 0.012 0.012 0.012 18,700,000 224,400 44,400 ALFM Euro Bond Fund, Inc. -a Є220.13 2.15% 1.17% 1.15% 0.43% 0.012 0.013 0.012 0.013 0.012 0.013 35,200,000 424,500 PHILODRILL ATRAM Total Return Dollar Bond Fund, Inc. -b $1.1868 -2.19% 2.21% 1.23% -7.31% PXP ENERGY 8.13 8.14 8.02 8.14 7.87 8.13 203,500 1,631,959 102,153

First Metro Save and Learn Dollar Bond Fund, Inc. -a $0.0261 0.38% 1.85% 1.11% -1.88% PREFFERED ALCO PREF C 101.8 109.9 101.8 101.8 101.8 101.8 4,500 458,100 PAMI Global Bond Fund, Inc -b $1.0524 -1.51% 0.58% -0.7% -3.69% AC PREF B2R 523 530 523 523 523 523 14,510 7,588,730 CEB PREF 49.3 49.95 48.3 50 48.15 49.3 115,600 5,630,685 -208,875 Philam Dollar Bond Fund, Inc. -a $2.5113 3.24% 5.46% 2.32% -0.96% CPG PREF A 103.5 104.4 104.4 104.4 104.4 104.4 130 13,572 Philequity Dollar Income Fund Inc. -a $0.0629777 4.2% 3.55% 2.25% 1.06% DD PREF 101.3 101.4 101.4 101.4 101.3 101.4 5,720 580,003 107.6 109.9 107.6 107.6 107.6 107.6 200 21,520 FGEN PREF G Sun Life Prosperity Dollar Abundance Fund, Inc. -a $3.1899 0.87% 3.42% 1.25% -1.05% GLO PREF P 503.5 517 503.5 503.5 503.5 503.5 20,000 10,070,000 GTCAP PREF A 1,000 1,006 1,000 1,000 1,000 1,000 2,360 2,360,000 Money Market Funds GTCAP PREF B 1,019 1,049 1,049 1,049 1,049 1,049 25 26,225 26,225 MWIDE PREF 100.5 101 100.5 101 100.3 101 18,470 1,854,331 Primarily invested in Peso securities MWIDE PREF 2B 100.5 101.8 100.5 100.5 100.3 100.3 45,650 4,579,257 PNX PREF 3B 103.5 105 106.8 107 106.8 107 500 53,418 ALFM Money Market Fund, Inc. -a 130.22 1.91% 3.06% 2.53% 0.32% PNX PREF 4 1,005 1,007 1,007 1,007 1,003 1,005 590 592,030 First Metro Save and Learn Money Market Fund, Inc. -a 1.0523 1.17% n.a. n.a.

0.4% PCOR PREF 2B 1,025 1,037 1,035 1,037 1,035 1,037 65 67,365 1,115 1,117 1,115 1,115 1,115 1,115 3,200 3,568,000 PCOR PREF 3A Sun Life Prosperity Money Market Fund, Inc. -a 1.3046 1.79% 2.56% 0.62% 2.86% PCOR PREF 3B 1,145 1,155 1,145 1,145 1,145 1,145 120 137,400 SMC PREF 2C 79.9 80 80 80 79.95 80 40,340 3,227,195 Primarily invested in foreign currency securities SMC PREF 2E 77.2 77.8 77.5 77.5 77.5 77.5 20 1,550 SMC PREF 2F 79.1 79.75 79.75 79.75 79.75 79.75 130 10,367.50 Sun Life Prosperity Dollar Starter Fund, Inc. -a $1.0573 1.26% 1.68% n.a.

0.47% SMC PREF 2H 78 78.1 78.1 78.1 78 78 840 65,594 SMC PREF 2I 78.4 79.4 79.4 79.4 79.4 79.4 800 63,520 Feeder Funds SMC PREF 2J 75.6 77 75.5 77 75.5 77 24,410 1,847,576 Primarily invested in Peso securities 76.1 76.5 76.5 76.5 76.5 76.5 9,010 689,265 - SMC PREF 2K

Sun Life Prosperity World Equity Index Feeder Fund, Inc. -a,d,7 1.2461 n.a. n.a. n.a. 10.31% PHIL. DEPOSITARY RECEIPTS ABS HLDG PDR 11 11.46 11 11.48 11 11.48 400 4,496 Primarily invested in foreign currency securities GMA HLDG PDR 10.98 11 10.66 11.2 10.66 11 2,276,000 25,164,390 -22,482,012

ALFM Global Multi-Asset Income Fund Inc. -b,d,2 $1 6.38% n.a. n.a.

2.04% WARRANTS LR WARRANT 1.88 1.9 1.93 2.02 1.86 1.9 2,466,000 4,803,140 9,650

a - NAVPS as of the previous banking day. b - NAVPS as of two banking days ago. c - Listed in the PSE. d - in Net Asset Value per Unit (NAVPU). 1 SMALL & MEDIUM ENTERPRISES Launch date is September 28, 2019. 2 - Launch date is November 15, 2019. 3 - Adjusted due to stock dividend issuance last October 9, 2019.

ALTUS PROP 17.4 17.58 17.16 17.7 17.14 17.4 70,000 1,219,122 ITALPINAS 2.41 2.42 2.4 2.43 2.39 2.41 311,000 749,690 4 - Renaming was approved by the SEC last October 12, 2018 (formerly, One Wealthy Nation Fund, Inc.). 5 - Launch date is December 09, 2019.

KEPWEALTH 5.5 5.6 5.4 5.62 5.4 5.62 1,000 5,423 MERRYMART 4.52 4.53 4.6 4.6 4.48 4.52 9,797,000 44,483,310 729,450 6 - Re-classified into a Bond Fund starting February 21, 2020 (Formerly a Money Market Fund). 7 - Launch date is July 6, 2020.

"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 EXHANGE TRADE FUNDS

FIRST METRO ETF 104.9 105 104.9 105 104.6 104.9 15,230 1,597,321 202,448 newspaper’s publication and assume no liability or responsibility for any error or omissions. You may visit http://www. pifa.com.ph to see the latest NAVPS/NAVPU."

ALFM Peso Bond Fund, Inc. -a

371.76

1.97%

3.17%

2.44%

0.19%

www.businessmirror.com.ph

Banking&Finance

BPI: Majority of new clients are under 30

By Bianca Cuaresma @BcuaresmaBM

T

HE Bank of the Philippine Islands (BPI) said majority of its newly opened accounts during height of the pandemic belong to new clients under 30.

In a response to queries by the BusinessMirror, BPI said the majority or 60 percent of accounts opened in 2020 were new acquisitions. Around 50 percent of those accounts were opened by clients below 30 years of age, with an average balance of P 10,000 per account.

The bank also said that at the height of the lockdowns to address the pandemic, their users largely relied on digital banking.

“Digital is definitely here to stay.

In 2020, we have totaled 59.1 million open banking transactions worth P131 billion. We believe this will increase further in the coming years,” BPI said.

BPI also noted changes in loan behaviors of their clients during the pandemic.

“For auto loans, we saw a shift to intro-level units which reflects the public’s basic need for safe transport. For housing loans, we’ve had

discussions with some developers catering to the low-cost market on how we can tap their buyers. This shows the continued demand for housing,” BPI said.

The bank also said that while Filipinos, especially the younger ones, are getting more and more comfortable with digital banking, there is still a lot of work to be done.

“There is a huge change in behavior as people shift from physically going to the branches to doing transactions digitally. It is true that certain sectors are able to adapt to this change, but others are having difficulty,” BPI said.

“The need for financial services via digital means has been highlighted in this pandemic. We, however, need to digitize without sacrificing Risk, AMLA [Anti-money laundering act], and Compliance considerations.

We need to protect our clients from phishing, vishing, etc.,” it added.

“Banks will continue to educate the public about digital banking and introduce financial innovations.

More people will become aware and financially savvy. There may be hiccups along the way but it will be good for many Filipinos in the end,” the bank further said.

Real estate investing

A

RE you dreaming of having your own house or planning to invest through properties?

This pandemic, the real estate sector is one of the industries that have been affected. But still, buying a property is one of the most preferred investments of people because it is a tangible asset.

As the adage says: “The best investment in earth is a piece of earth.”

Being part of the real estate industry for eight years now since I graduated, I would like to share the ways on how we can earn through property investing.

1. Capital Appreciation. Due to the continuous demand for housing needs of increasing population and decreasing availability of land areas, real estate prices are consistently increasing on the average of 6 percent to 10 percent per annum.

This way, when you bought a property 10 years ago and plan to resell it, most likely your return of investment will be a good yield to even 100 percent to 200 percent depending on the location of your property. Properties near or within business districts are the investments that appreciated a lot in terms of valuation.

2. Rental Income. Owning a property is a dream for a lot of us and building a passive income can be a way to reach your financial goals.

You can be working in your day job and have your condo and/or apartment unit rented out. This can help you prepare in building a family or preparing for retirement.

One of the challenges that we have in our country is retirement planning and I’ve seen how individuals with rental income was able to manage their expenses even after their corporate job.

For business people, leverage is important; creating multiple streams of income in order to have wider options in the way we do things. Creating a rental property portfolio can be difficult at first but if you can consult a real estate professional, you can also take advantage of their industry skills and knowledge.

3. Flipping. This refers to a strategy of purchasing an asset with a short holding period and then reselling it for profit rather than longterm capital appreciation. Investors usually target properties that are in strategic location such as business districts to have a higher percentage of successful flipping.

4. Real Estate Investment Trust. Also known as REITs, this is suitable for investors who want exposure to the real estate without the usual real estate transaction. A REIT is created when a corporation (or trust) uses investors’ money to purchase and operate income properties.

REITs are bought and sold on

Karlo Biglang-Awa

personal finance the major exchanges, like any other stock. Like regular dividend-paying stocks, REITs are a solid investment for stock market investors who desire regular income. REITS are highly liquid because they are exchangetraded. In other words, you won t need a real estate broker and a title transfer to help you cash out your investment.

All of these four opportunities take time.

I am an advocate of step by step strategies in building wealth and so we need to conduct our due diligence first before taking our first move.

You may consult a professional, read blogs, watch vlogs from experts before arriving into a decision.

In every investment goal, diversification is key. If you have no capital yet, investing in learning is key so that when the time came and you are ready, execution will be your next step.

This pandemic, real estate prices went down due to various factors.

Because of the community quarantine, companies shut down their operations resulting to lesser office rental demand.

The residential sector, on one hand, was also affected since there are employees who decided to go home to nearby provinces because of the work-from-home set-up.

On the other-hand, warehousing and logistics sector improved because of the e-commerce boom.

Since majority of us cannot go to the malls, we opted to buy online and storage areas were, and still are, needed for the items being delivered to respective households.

Real estate has been a major contributor to our economy as it embodies the infrastructure of a certain nation. Analysts are optimistic in the recovery of the real estate sector once lockdowns are lifted.

Business process outsourcing firms are now diversifying their offices to provincial areas to prevent a major downtime in operations in case this kind of problem arises again in the future. Nearby provinces like Bulacan, Pampanga, Cavite and Laguna are the areas being developed now, which allowed for decongestion of areas around Metro Manila.

Karlo Biglang-awa is a registered financial planner of RFP Philippines. To learn more about personal-financial planning, attend the 90th RFP program this June. To inquire, e-mail info@rfp.ph or text at 0917-6248110.

BusinessMirror

Editor: Dennis D. Estopace • Tuesday, June 15, 2021

B3

‘Overwhelming’ demand drags down T-bill rates across tenors

T

By Bernadette D. Nicolas

@BNicolasBM

HE Bureau of the Treasury raised P21 billion from auctioning off Treasury Bills (T-bills) on Monday as overwhelming demand for government securities pushed the rates lower across all tenors.

The actual sale was an upsize from the initial P15-billion offer by the Treasury after the auction committee decided to double the accepted non-competitive bids for all tenors.

The auction was also nearly 7-times oversubscribed as total submitted bids reached a whopping P100.3 billion.

National Treasurer Rosalia V. De Leon attributed the investor appetite

to strong liquidity in the market.

“Liquidity looking for outlets as RTB [Retail Treasury Bonds] maturity further bolstered ample funds onshore searching for yield,” De Leon told reporters.

Despite the demand, the Treasurer said they chose to keep the tap facility closed for additional offering.

During the auction last June 14, the 91-day T-bills fetched an aver-

age rate of 1.118 percent, down by 5.8 basis points from 1.176 percent in the previous auction. It attracted total bids amounting to P28.229 billion, more than five times the initial P5-billion offer. For the 182-day Tbills, it settled at an average rate of 1.372 percent, a 5-basis point drop from 1.422 percent in the previous auction. Total tenders for the security hit P34.037 billion, nearly seven times the initial P5-billion program.

Lastly, the 364-day T-bills’ average rate declined by 7.2 basis points to 1.577 percent from 1.649 percent previously. Total tenders for the debt paper reached P38.03 billion, more than seven times the initial P5-billion offer.

For this month alone, the Treasury is aiming to borrow P215 billion from the local debt market, up by 26 percent compared to the programmed P170-billion monthly borrowing in April and May. The bulk of the programmed domestic

borrowings for June, or P140 billion, is set to be raised through Tbonds with longer tenors while the rest of the amount is planned to be raised by auctioning off P75 billion in Treasury Bills.

For this year, the national government has set a P3.03-trillion gross borrowing program, roughly the same amount it borrowed in 2020.

Eighty percent of the amount is programmed to be raised through domestic sources while the remaining 20 percent is expected to come from foreign sources.

The national government’s total outstanding debt continued to swell to a fresh record-high of 10.991 trillion in April this year as the country resorts to more borrowings to finance its pandemic response.

This was up by 2 percent from the P10.77 trillion reported at the end of the year’s first quarter and a 27.8-percent jump from P8.6 trillion of end-April last year.

BSP inks research deals with ACPC, PAEF-Fulbright

T

HE Bangko Sentral ng Pilipinas (BSP) continued to strengthen its research capabilities and intellectual exchanges by recently signing separate memoranda of understanding with the Agricultural Credit Policy Council (ACPC) and the Philippine-American Educational Foundation (PAEF)— Fulbright.

“The joint undertakings with ACPC and PAEF-Fulbright affirm the BSP’s commitment to strengthen its research collaboration with the academe, as well as with domestic and foreign research institutions, as part of the central bank’s broader efforts to enhance research for policy initiatives,” BSP Governor Benjamin E. Diokno was quoted in a statement as saying.

Under their MoU, the BSP and the ACPC will widen and enrich their intellectual and financial resources and provide an evidence-based approach for program and policy formulation on sustainable agricultural credit services and programs.

Given ACPC’s broad understanding and experience with agricultural credit and rural finance-related is-

Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno (center), BSP Research Academy Head Maria Almasara Cyd N. Tuano-Amador (right) and Monetary Board Member V. Bruce J. Tolentino (left) show documents after signing a memorandum of understanding to enhance the central bank’s research capacity.

sues and policies, the collaboration will enrich BSP research in these areas, the central bank’s statement said.

Meanwhile, the BSP said its MoU with PAEF-Fulbright is seen to improve the legal, scientific and technical capabilities of the BSP through educational and training programs.

‘Too big to fail’ may not apply in China anymore

T

HE size and type of defaults that have occurred in China in recent times indicate that the notion of “too big to fail” may no longer apply to the nation’s borrowers, according to Goldman Sachs Group Inc. There has been a noticeable up-tick in defaults by Chinese state-owned enterprises since late 2019 and some of the borrowers that have failed to repay debt recently such as China Fortune Land Development Co. have had large amounts of outstanding bonds, analysts including Kenneth Ho wrote in a report dated Friday.

“Even for large corporates or for state-related entities, policy makers are much less willing to extend support,” Goldman Sachs analysts wrote.

“Policy makers are now less likely to conduct full bailouts than compared with the past.”

Concerns about the financial health of state-backed bad debt manager China Huarong Asset Management Co., which has about $21 billion in outstanding US currency notes, have shaken the Asian dollar bond market since April after its failure to release financial results triggered speculation about a potential debt restructuring.

While the treatment of recent distressed cases in China indicates a waning of implicit government support for borrowers, it doesn’t mean that there’s no government backing, according to

Goldman analysts.

Whether or not the government offers support will likely be influenced by the need to prevent systemic pressures from emerging and to limit contagion from any spikes in credit stresses, Goldman analysts wrote. While systemic problems are unlikely to arise, idiosyncratic credit risks are likely to stay elevated, they wrote.

Official support in China hasn’t been limited to state-owned firms, and local governments in the past year have also stepped forward to help private enterprises, including property developer China Evergrande Group, according to Goldman analysts. Entities backed by city governments in Guangdong province came forward last year to buy equity in a unit of Evergrande at a time when Asia’s biggest issuer of junk dollar bonds was facing liquidity strains.

After successfully navigating financial stresses in the second half of 2020, Evergrande’s dollar notes tumbled recently again after a report that regulators are probing its ties to Shengjing Bank Co., a lender in which it owns a stake. Evergrande has said its dealing with the bank are compliant with Chinese law.

Concerns about some Chinese highyield property names will likely stay elevated in the near term, according to Goldman Sachs analysts. Bloomberg News

Said partnership will establish the general framework for facilitating the grant of scholarships and training programs; as well as the conduct of educational exchanges under the BSP’s capacity-building and research initiatives.

BSP’s MoU with ACPC was signed

by Department of Agriculture (DA)

Secretary William D. Dar as represented by DA Undersecretary Leocadio S. Sebastian and ACPC Executive Director Jocelyn Alma R. Badiola.

On the other hand, BSP’s MoU with PAEF was signed by PAEF Acting Honorary Chairman John C. Law and PAEF Board Chairperson Philip W. Roskamp.

Gold drops as treasury rally pauses ahead of Fed meeting

G

OLD extended its decline as a US bond rally lost steam ahead of this week’s Federal Reserve meeting, which may give clues on the future path of monetary policy.

Bullion retreated on Monday as Treasury yields ticked higher, making the non-interest bearing metal seems less attractive. Last week, gold struggled to make significant gains past $1,900 an ounce, which may have resulted in pressure from technical traders, according to Georgette Boele, senior precious metals strategist at ABN Amro Bank NV. Fed officials could project interest-rate liftoff in 2023 amid faster economic growth and inflation, but they won’t signal scaling back bond purchases until August or September, according to economists surveyed by Bloomberg.

More than half predict the quarterly rate-forecast “dot plot,” released after the conclusion of the central bank’s two-day gathering on Wednesday, will show the median of 18 officials penciling in at least one 2023 increase.

The remainder see no liftoff from near-zero rates until 2024 at the earliest, mirroring the Fed’s forecast in March.

Gold dropped as the inflation

debate continued after Thursday’s report on the US consumer price index showed price increases were largely driven by categories associated with economic re-openings, bolstering the view that pressures may ease later in the year. Some investors are anticipating the Fed will reaffirm that its ultra-loose policy remains appropriate, and that it’s too soon to start even contemplating tapering bond purchases.

“It’s easy to be tactically neutral on gold here,” said Chris Weston, head of research at Pepperstone Group, who said he would look to turn bullish again on a close through $1,911. “When I look at the play book for this week’s Fed meeting, the skew of risk is to slightly higher real rates and a modestly stronger US dollar. This should result in a weak gold price, although the Fed do have a tendency to keep financial conditions in check unless something needs to be done.”

Spot gold fell 1.1 percent to $1,856.23 an ounce at 9:34 a.m. in London, after dropping 1.1 percent on Friday. Silver, platinum and palladium all declined.

The Bloomberg Dollar Spot Index edged higher after rising 0.5 percent on Friday. Bloomberg News

B4

Art

BusinessMirror

Tuesday, June 15, 2021 • Editor: Gerard S. Ramos

www.businessmirror.com.ph

Permanence of the ephemeral in the work of Martin Genodepa

By Tito Genova Valiente THE latest installation of artist Martin Genodepa on the grounds of University of the Philippines Iloilo.

T

Can you send me photos of the installation in the rain (if possible) and under the sun (naturally)?

Will there be images of these wires at sunset?

STRANGE that my request for context has become the substitute for admiring a work of art because the cause of most of our material losses is also the reason for the critic not being able to travel to the site of this creation. In another world, another time, I would have been there, moving around the site, sensing the tactility of this art that the artist has labeled Memorial Park: Missing the Crowd.

CELEBRITIES BORN ON THIS DAY: Neil Patrick Harris, 48; Ice Cube, 52; Courteney Cox, 57; Helen Hunt, 58.

a

ARIES (March 21-April 19): Observe what’s going on around you. Set boundaries with people who crowd your space. Put more thought into how you run your home and what brings you the most joy. Pick up information, additional qualifications and skills that will help you excel. HHHHH

b

TAURUS (April 20-May 20): Keep life simple, and do your best to get along with those who live with you. Share only the information that is constructive and will help you reach what you set out to accomplish. HH

c

GEMINI (May 21-June 20): Look at what you can accomplish and head in that direction.

There is no point wasting time on something or someone who offers little in return. Put your energy into something that matters to you, and good things will happen. HHHH

d

CANCER (June 21-July 22): Do what’s necessary. It will be easier to get things done your way and on time if you are discreet and secretive. A unique approach to a job you do will pay off. Don’t cut corners. HHH

e

LEO (July 23-Aug. 22): Be observant, but do not meddle. The changes going on around you will encourage you to take a different approach to how you work and handle your money. A partnership will experience uncertainty if you aren’t honest regarding your feelings. HHH

In the words of the artist, the art installation is “a doodle-like representation of a small mass or gathering, with figures closely huddled or in dynamic interaction.” He continues: “Crowding, with its positive and negative values, has been prohibited in the time of the pandemic and has changed the nature of social interaction of people. That the crowd has become almost a memory is suggested in the tendency of the work to be obscure or visible—depending on the time of the day and the angle from which it is viewed.”

What is art without hope? Martin Genodepa reassures us “the pieces of sculpture fabricated from steel rods invite interaction with the viewer who may

insert himself or herself within the installation to relive the memory of being in a crowd.”

Viewed from afar, a given in this age of distancing, the critic (viewer) is offered the experience of detachment, a seeming condemnation or judgment we all humans go through as we memorialize disappearances and physical deaths.

As to my questions, the pieces, the artist tells me, move with the wind. They survive the rain and the sun. They last through twilight. Like memories of losses.

This public art project is made possible by a UPV Creative Work Grant from the Office of the Vice Chancellor for Research and Extension. n

The work is a testament to the artist’s skill and mastery of the medium, able to manipulate it exactly as he envisioned. It also fittingly reflects the remarkable brand that served as his muse, Kojie.san, and how it forged its own success by creating and commanding its own path.

Kojie.san (www.kojiesan.com) started in 2006 as a pioneer of soap with kojic acid as its active ingredient. It’s highly recommended by dermatologists for its efficacy in evening out the skin, gently erasing age spots, scars and sun damage.

However, the brand came at a time when

f

VIRGO (Aug. 23-Sept. 22): Emotions will mount if you aren’t willing to make adjustments that will keep the peace.

Consider the fallout if you decide to be stubborn or unwilling to compromise. Consider the consequences before you show your reluctance. HHH

g

LIBRA (Sept. 23-Oct. 22): Make positive changes to your surroundings. Enjoying the space you create will ensure you accomplish more and maintain a healthy lifestyle. A conversation with someone who shares your sentiments will lead to something special. Help is heading your way. HHHH

h

SCORPIO (Oct. 23-Nov. 21): Don’t fret over the small stuff. Live up to your promises and follow through with your plans. Do what you say and explore the possibilities that unfold. Solve problems with intelligence and the skills you have accumulated along the way. HH

i

Filipino visual artist’s sculpture captures 15-year story THE latest striking artwork at one of BEVi Group’s manufacturing plants in Alaminos, Laguna, is the massive, multi-piece metal sculpture mounted on the wall of its main lobby. Created by modern Filipino visual artist Jinggoy Buensuceso for the 15th anniversary of Kojie.san, the artwork is very much a representation of the boldness and commanding way this beauty brand has made an impact on the industry, starting with a bar of soap and a then-unfamiliar main ingredient.

Providing a stark contrast to the serene white space that it occupies, Jinggoy’s sculpture Okurimono features dramatic distortions reminiscent of crumpled pieces of paper in arresting shades of black and red. A single and striking large red circle sits alone on the opposite wall. Lovingly named Red Moon by the artist, the piece is a silent and steady witness to the dynamism of Okurimono.

By Eugenia Last

z

HAPPY BIRTHDAY: Look for the truth in every situation.

Offer understanding, patience and assistance to those in need. The gestures you make this year will help you rise above and beyond any competition you encounter.

A subtle change will boost your morale and encourage you to make a positive lifestyle adjustment. The more you do, the more you will get in return. Your numbers are 2, 8, 15, 24, 28, 37, 49.

Do they move with the wind?

What happens when it rains?

Do they change colors according to the time of day?

HIS was my conversation—and more— with Martin Genodepa, artist, when he presented me with photographs of his latest installation on the grounds of University of the Philippines (UP) Iloilo.

Would I be interested to write about them? Upon seeing the pieces, I said yes. I am familiar with the works of Genodepa after he also invited me to review his work many years back, where I served as an external critic of his project.

Permit me to go back to my review then: “It was early December and Genodepa and I were standing in front of the campus of UP Visayas in the town of Miag-ao. Where one expected Christmas trees and other buntings, hammocks appearing like sailboats being blown by the wind dominated the front of the main building. Surreal and satirical on both levels, the construction of the hammocks were guided, according to Genodepa, by the lines taken no less from the Philippine National Anthem.”

And now this installation made in the middle of the long, interminable season of virus, infections and vanishing.

Like thoe “duyan” appropriated for the poetics of patriotism, welded steel appearing malleable and soft forms shapes, and where a space is created, emptiness is also demarcated. Depending on your position of appraisal, the shapes empty into other shapes, the blankness leading to more blankness.

But you thank the divinities for where the absence of matters is developed, there is where you can locate the beginning of dimensions felt.

Today’s Horoscope

the market was already saturated with over 40 whitening brands vying to be the best in the category. Despite this, Kojie.san was undaunted, challenging the norms then and faced the competition head on. This was the audacity and originality that drew fans in.

Through the dedication of its founder and CEO Jazz Burila and its loyal following, the brand survived and thrived, eventually reaching 15 years of growth and success.

The beauty brand’s milestone is the reason behind Jinggoy’s creation that captured Kojie.san journey of carving a path of its own. “Art speaks to your inner self, you define it based on your own understanding, inhibitions and experiences. There’s no single way of appreciating an art piece, in the same way that Kojie.san believes that there is no single way to be beautiful. In fact, you should create your own definition,” says Jazz. “This is why I feel Jinggoy’s work is the best representation of Kojie.san.”

SAGITTARIUS (Nov. 22-Dec. 21): Avoid people who bring you down or play mind games with you. Stay focused on what you are trying to achieve, then forge ahead with optimism.

Don’t let someone you look up to cost you more than you can afford. Budget smartly. HHHHH

j

CAPRICORN (Dec. 22-Jan. 19): Don’t take on too much or get involved in a joint venture that discourages you from doing things you love to do. Stick close to loved ones, and take better care of your health, wealth and emotional well-being. HHH

k

AQUARIUS (Jan. 20-Feb. 18): Concentrate on doing your very best. Hone your skills.

Apply intelligence, experience and intuition to help you excel. Do your own thing, and follow your heart as you move forward. HHH

l

PISCES (Feb. 19-March 20): You’ll gravitate toward people who are generous. Don’t take chances that can lead to problems with someone close to you. You may desire change, but don’t make a move without doing adequate research.

Take baby steps. HHH BIRTHDAY BABY: You are entertaining, thoughtful and efficient.

You are ambitious and unique.

‘splitting image’ BY EVAN MULVIHILL The Universal Crossword/Edited by David Steinberg

ACROSS 1 Resuscitation expert, briefly 4 You might snap one with your BFF 7 Parody 9 One may pwn a noob 11 What a mask blocks 13 Treats like a baby 15 Certain geocentric paths 17 Unit of land 18 Harold and ___ (1971 cult classic) 19 ___ mot (witticism) 20 Experience auditory hallucinations 23 Signal signals?

24 Blood-filtering organs 25 Religious subgroup 26 Monkey (around) 27 Lead-in to “gritty” 29 Cardiologists, e.g.: Abbr.

30 Nostalgic photo tone 31 Boo 2! A ___ Halloween (Tyler Perry film) 34 2011 movie in which Jean Dujardin played a silent film star 38 Academic URL ending

39 Paul of Knocked Up 40 Watson or Stone of film 41 Couch potato’s device 44 Business name abbr.

45 Colorado skiing destination 46 Withdraw from the front lines 48 Full of hot air 50 Pizza seasoning 51 Picks out 52 With 53-Across, what lovers often have after ending their relationships... or a hint to both this grid’s shape and the word hidden in each starred answer 53 See 52-Across DOWN 1 Quotation at the start of a chapter 2 Jackpot 3 Schlep 4 Spanish for “father” 5 Movie lover’s web site 6 What a nun practices 7 Jazzes (up) 8 Ga. neighbor

9 Get the ___ on (obtain evidence against) 10 Snappy comeback 11 Persian monarch 12 Weasel with white fur 13 Word you may chant at Oktoberfest 14 IDs targeted by phishers 16 Basks in the sun 21 Ancient Romans’ world 22 Gas brand with collectible toy trucks 23 Bug catcher?

25 Kerfuffle 27 Money-related question in an ad 28 Apple tablet 30 Repeatedly avoid 31 Paris subway 32 Figuratively, literally?

33 Tool for cleaning a bookcase 34 Moon of Neptune 35 Typeface commonly used for memes 36 Refines, as metal 37 Gets awful reviews 42 Thus

43 Tropical hardwood 45 Penne ___ vodka 47 Ending for oct 49 Life of Pi director Ang

Solution to Friday’s puzzle:

Show BusinessMirror

www.businessmirror.com.ph

Editor: Gerard S. Ramos

• Tuesday, June 15, 2021

B5

Jeffrey Toobin returns to CNN after Zoom call incident

BEAUTY GONZALES

ATOM ARAULLO

BEAUTY GONZALEZ SIGNS WITH GMA; NETWORK LEADS NEW YORK FESTIVALS

MEDIA giant GMA on June 11 signed actress Beauty Gonzalez to join its stable of talents. Present during the virtual signing ceremony were senior vice president for entertainment group Lilybeth G. Rasonable, first vice president for drama Redgie A. Magno, first vice president for business development department III Darling de Jesus-Bodegon, vice president for corporate affairs and communications Angel Javier Cruz, senior assistant vice president for alternative productions Gigi Santiago-Lara, senior assistant vice president for drama Cheryl Ching-Sy, senior program manager Anthony Pastorpide, and Arnold Vegafria of ALV Talent Circuit Inc. The actress extended her gratitude to the network for entrusting her with a timely and promising project: “I’m thankful and happy because GMA has given me this chance to work with them. At the end of the day, gusto ko lang magpasaya ng mga tao, magpasaya ng mga fans, and I’m happy that I get to do these with GMA.” She described this new chapter in her showbiz career as an exciting change: “With all the changes that’s been happening, I think it’s time for me to have a change also, to do collaborations with other people, other talents. All I really want to do is to make people happy. I want to prove to them that it’s going to be worth it.”

Rasonable expressed her eagerness in working with the actress: “Ngayon, we’ve lined up a soap project for her, a very interesting one, kakaibang istorya. Ikukuwento natin as the days pass; it’s a unique love story. Sa GMA, gusto natin palaging may tinatahak na bagong story, bagong tema. Beauty will be a part of that.” Beauty will be starring in her first-ever GMA program Stories from the Heart: Loving Ms. Bridgitte.

Meanwhile, echoing the Filipinos’ resiliency and ingenuity to soldier on amid a pandemic, GMA remains the frontrunner in representing the country as five entries reached finalist status at the 2021 New York Festivals “World’s Best TV and Films” Competition.

Prime-time giant Kapuso Mo, Jessica Soho’s “The Woman Slashed On Her Face” episode was named as a finalist in the Documentary: Social Justice category. The story tackles domestic abuse and how cases of gender-based violence further increased during the implementation of the community quarantine in the country at the height of the pandemic.

Shortlisted in the Documentary: Heroes category is Reel Time’s “This Abled” episode about a man with no legs and arms seeking to reach a mountain’s peak. It also tackled the issue of discrimination and how limited the job opportunities are among PWDs (persons with disability) in the country.

The episode “Miguel’s Wounds” of Reporter’s Notebook emerged as a finalist for the Documentary: Health/Medical Information category. It investigates the plight of a 21-year-old man afflicted by a mysterious condition that left his skin peeling and his body full of wounds.

Nominated under the Program: Sports Documentary category, The Atom Araullo Specials: Dreams of Gold tells the story of Filipino athletes and how competitive the country is in the international sports scene. This is the third consecutive NYF nomination for The Atom Araullo Specials since it premiered in 2018. The public affairs program already gave the Philippines a back-to-back Silver World Medal win in the last two years for its “No Leftovers” episode (Social Issues category) in 2019 and its “Babies4Sale.PH” documentary in 2020 (Best Investigative Report category).

Finally, Alden’s Reality: The Virtual Reality Concert earned its first international nomination under the Entertainment Special: Special Event category. Held last December, Alden’s Reality was the country’s first-ever concert of its kind. It combined cuttingedge technology and performances to produce a full-length concert and online interaction between the star and his fans as part of the actor’s 10th anniversary in the entertainment industry.

The five GMA finalists will be moving on to the medal round. Winners of this year’s NYF will be announced on October 12 in Las Vegas.

NEW YORK—CNN legal analyst Jeffrey Toobin returned to the network on Thursday for the first time in more than seven months after he was caught masturbating on a Zoom call with former colleagues at The New Yorker.

Toobin, in an interview with CNN’s Alisyn Camerota, said that he was grateful to CNN for another chance and that he was “trying to become the kind of person that people can trust again.”

Camerota asked him bluntly, “What the hell were you thinking?”

“Obviously, I wasn’t thinking very well or very much,” he said.

Toobin was fired from The New Yorker after working there for 27 years, following an investigation into last October’s Zoom call.

He said he has no excuse for his conduct, but that he mistakenly thought that he was off camera. Being fired from the magazine was heartbreaking, he said.

“I thought this punishment was excessive,” he said. “But that’s why they don’t ask the criminal to be the judge in his own case.”

He said he’s been in therapy, apologized personally to those he let down and has been doing community service at a food bank. He apologized to CNN viewers.

“I’ve got a lot to rebuild,” he said. “But I feel very privileged and very lucky that I have the opportunity to do that.”

CNN said it had no statement about his return. Following the interview with Camerota—done in studio and not remotely—Toobin launched into legal analysis of a California court decision overturning an assault weapons ban and upcoming events at the US Supreme Court.

“Many of us have really missed having your legal analysis on our programs,” Camerota said, “so let me be the first to welcome you back.” AP

‘In the Heights’ makes muted debut, edged by ‘A Quiet Place’ ANTHONY RAMOS and Melissa Barrera in a scene from In the Heights, director Jon M. Chu’s exuberant adaptation of Lin-Manuel Miranda’s Broadway musical. AP

N

By Jake Coyle The Associated Press

EW YORK—Just when a party was poised to break out in movie theaters, the below-expectation debut of In the Heights dampened Hollywood’s hopes of a swift or smooth recovery at the summer box office.

Jon M. Chu’s exuberant adaptation of Lin-Manuel Miranda’s Broadway musical opened with a modest $11.4 million, according to studio estimates on Sunday. Forecasts had ranged from $15-$20 million.

The release of In the Heights—a lavish song-and-dance musical accompanied by glowing reviews from critic s and considered a milestone movie for Latinos—was widely seen as a cultural event.

On opening weekend, though, the Warner Bros. release narrowly missed the top spot. Instead, A Quiet Place Part II edged it with $11.7 million in its third weekend of release. (It’s close enough that the order could flip when final figures are released on Monday.)

On Friday, John Krasinski’s thriller—playing only in theaters—became the first film of the pandemic to reach $100 million domestically. Its cumulative total is $109 million.

Sony’s Peter Rabbit 2: The Runaway, a film originally planned to open around Easter 2020, also opened softly, debuting with an estimated $10.4 million.

After a string of good box-office weekends, the opening of In the Heights was a reminder of the challenges of the marketplace. Most theaters are operating at reduced capacities to allow social distancing. Canada’s theaters are largely closed.

And getting crowds to come out for a movie that was simultaneously streaming on HBO Max, as In the Heights was, adds another complication.

Starring a mostly fresh-face cast including Anthony Ramos, Melissa Barrera, Corey Hawkins and Leslie Grace, In the Heights didn’t have the star power of musicals, such as Mamma Mia!”to give it a boost.

Miranda, who performed the lead on Broadway, ceded the part to Ramos. Miranda plays a minor role.

Instead, the film will depend on strong word of mouth (it received an “A” CinemaScore from audiences) to propel a long run in theaters. Its hopeful comparison would be a movie like 2017’s The Greatest Showman, which opened to $18.8 million but held firmly for months, ultimately grossing $174.3 million in the US and Canada.

“We always thought that the movie has to do the heavy lifting,” said Jeff Goldstein, distribution chief for Warner Bros. “Even though it came in at a lighter level than we had expected, we’re proud of the movie that’s there and over time the hope is that we can get an audience to sample the movie and tell their friends to.” Regardless of box office, In the Heights is the rare bigger-budget spectacle film to feature a predominantly Latino cast. Though Latinos make up one of the largest groups of regular moviegoers (accounting for as much as 29 percent of tickets sold),

their representation in Hollywood is still a fraction of that. According to audience surveys, about 40 percent of the opening-weekend audience for In the Heights was Hispanic.

The director Chu has previously helmed a breakthrough release for Asian Americans in 2018’s Crazy Rich Asians, which opened to $26.5 million over three days and then kept a multi-week lock on the box office. Recalling that—or perhaps sensing that In the Heights wasn’t going to debut like a blockbuster— Chu urged people to “vote with their wallets” by supporting the film.

“Even Crazy Rich Asians you couldn’t really tell. It was only the second weekend when people started coming back and the third weekend when people who didn’t go to the movies started to come,” said Chu a week ahead of release.

“Buying tickets to this thing—putting your money where your mouth is—was the democratic statement that no studio could make up.” n

New York-based Ron Solis takes pride in visual music album

SINGER-COMPOSER Ron Jansen Solis has been living in New York City as a single gay guy for many years now, balancing his time between his finance job and his activities that keep his musical passion burning.

“Being single in a big city with four seasons has its pros and cons, but I guess I’ve gotten used to living life by myself in New York,” he volunteered. “Life just took on a dramatic shift because of the worldwide pandemic and I, like many others, constantly shift from being cool and relaxed to being cautious and careful. But all is good.”

Solis, who clarified that he is not closing any door on love and romance, spends most of his time at his Harlem home these days. It is almost the end of spring in that side of the world, and he looks forward to

mapping out his musical plans for the coming weeks.

“There’s a lot more activities to do in summer, unlike winter when it’s cold and gray and the mood usually is slow, melancholic and pensive.”

He gladly told us that he has already finished the videos for his first-ever visual music album. Included are the songs “Huwag Ka Nang Umiyak” and “Last Love Song,” both original compositions of Solis’ that made it to Himig Handog, a songwriting competition in Manila.

“Last Love Song” was originally performed by the boy group 17:28 and Heart Evangelista, while True Faith interpreted “Huwag Ka Nang Umiyak.”

“When I had a quick trip to the Philippines last year, I reconnected with Jonathan Manalo who heads the ABS-CBN music department. I proposed that we rearrange the music and record my own version of these songs. We also agreed that I make music videos in New York that can cater also to the LGBTQ+ community,” he said.

The visual music album will also include the songs and videos of “Ngayong Nandito Ka Na,” “Laging Ikaw” and “Sana Naman,” all original creations of his musically active mind. “Four of these music videos were shot during the different seasons in New York, and one song will feature four pairs of LGBTQ+couples—montage, interviews, musings, and many interesting aspects of their love stories. My

good friend Ken Javines helped me shoot the videos,” he shared.

“We wanted to create a platform to inspire creativity, to encourage awareness, understanding and acceptance of the members of the LGBTQ+ community, especially in the Philippines. The album is set to be released this month, in time for the Pride celebrations in most parts of the world,” Solis said.

The songs will be available in all digital streaming platforms via Ron Solis Music, and the beautifully shot and conceptualized videos can be viewed on Star Music’s YouTube channel.

Solis shared that he also composed, wrote and recorded the theme song of the soon-to-bereleased Joel Lamangan movie Lockdown, produced

by Jojo Barron, starring Paolo Gumabao and Max Eigenmann. It is titled “Sundan Mo,” and is about following the desires and dictates of one’s heart.

The once-shy boy who won a singing contest during his grade school days in Cavite City has truly gone a long way. He is out and proud of who is and the person that he has become, and remains grateful for the God-given gifts of voice and music.

“In the spirit of hope and love, in this happy month of Pride, I hope my songs can spread the message that we all live, laugh and love just as much as the next person, and that we all dream of a better, kinder and happier world just like everybody else,” he said.

RON JANSEN SOLIS

B6 Tuesday, June 15, 2021

CSC honors gov’t frontliners on Independence Day, pushes support mechanisms for employees

Palawan Pawnshop partners with Bayad for enhanced bills payment

A

S the nation celebrated its 123rd Independence Day this 12 June, the Civil Service Commission (CSC) cited the heroism of government frontliners who consistently perform their duties amid the risks brought by the COVID-19 pandemic.

CSC Chairperson Alicia dela Rosa-Bala said that the Independence Day is a day of celebration and recollection of the service and sacrifices of our country’s heroes, which include state workers, whether in the public health or in other fields, who serve as essential staff or frontliners for their respective offices.

“These are people who know the risks of reporting to work, but do so nonetheless because they know the importance of ensuring public service continuity especially in this time of national crisis,” she said.

“We also remember our fallen civil servants, especially the doctors, nurses, and other medical personnel, who succumbed to COVID-19 and whose lives will be forever remembered as a testament of genuine and selfless public service,” Chairperson Bala said.

Employee support

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HE bills payment service of Palawan Pawnshop – Palawan Express Pera Padala is taken on another level with Bayad, the country’s most trusted payments authority.

For 35 years, Palawan Pawnshop has served as a one-stop money shop offering various financial services through its more than 3,000 outlets covering 79 out of the 81 provinces in the country. Bayad, on the other hand, has over 20 years of experience in providing end-to-end outsourced payment solutions.

The coming together of these two stalwarts means Palawan Pawnshop customers can enjoy greater bills payment convenience and security with Bayad’s “Tatak-Sigurado” seal, which ensures the integrity and privacy of every transaction.

At this point, about 60% of Palawan

Pawnshop branches nationwide are already powered by Bayad and more outlets are being integrated in its platform. Upon completion, all Palawan Pawnshop branches across the country can readily process over 300 types of bills across its counters, including payments for electricity, water, telco, cable and internet, credit cards, and even for government contribution fees.

Bayad President and CEO, Lawrence Y. Ferrer expressed, “In parallel with our digitalization efforts, we continue to strengthen the physical aspect of our business as a great number of Filipinos, especially in far-flung areas, still do not have full access to financial services. This is a need that calls upon companies like us and Palawan Pawnshop to address because we have established on-ground expertise and network.”

Palawan Pawnshop President and CEO Bobby Castro added, “We believe that collaboration is key to further enhance the services we provide to customers as we continue to expand in the provinces, aiming to reach more municipalities and remote towns nationwide.”

Both companies view the partnership as a contribution to achieving a financially inclusive Philippines, emphasizing the importance of championing both the digital and physical channels to deliver much-needed financial services.

Early this year, Bayad launched its all-in-one pera transaction mobile app called Bayad and web-based payment platform called Bayad Online for digitally inclined payers. It also continues to boost its physical payment footprint with over 50,000 touchpoints nationwide.

SSS announces application for renewal of pension loans now available online

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HE Social Security System (SSS) reminds qualified retireepensioners who would like to renew their loans under the Pension Loan Program (PLP) to submit their applications online through the My.SSS Member Portal.

SSS President and CEO Aurora C. Ignacio said the online facility for the PLP was added in the said portal since September 2020 to provide an easier and safer channel for SSS pensioners to benefit from the loan program.

The state pension fund said community quarantine lockdowns imposed by the government to stem the increasing infections due to COVID-19 limited the mobility of pensionermembers and affected transactions with SSS branches, including PLP applications.

SSS said it disbursed P787.27 million in pension loans to 17,585 retireepensioners from January to March 2021, representing a 43.8 percent and 44.1 percent decline, respectively. During the same period in 2020, PLP releases amounted to P1.4 billion for 31,467 retiree-pensioner borrowers.

“We acknowledge the difficulty for those who would need to avail of the PLP. That is why we worked on developing an online channel for such pension loan

applications. In September 2020, we began the initial implementation of this online service in our My.SSS member portal. At present, however, first-time availees must still submit their applications through our branches following applicable service guidelines implemented in them,” she added.

Qualified to use the online application method for PLP are SSS retiree-pensioners who met the qualifying conditions for the program. These include: 85 years of age or below at the end of the month of their loan term; no deductions (outstanding loan balance, benefit overpayment, etc.) from their monthly pension and existing advance pension under the SSS Calamity Assistance Package; holds a Unified Multi-Purpose Identification card enrolled as an ATM card (UMID-ATM) or Union Bank of the Philippines (UBP) Quick Card as disbursement accounts; and receives a regular monthly pension for at least one month, and the status of pension is “Active.”

Excluded from the PLP are retireepensioners under the Portability Law and those under the care and custody of a guardian. Moreover, applicants who would use the online method must have a My.SSS account on the SSS website (www.sss.gov. ph), and a current and active mobile number registered with the SSS. To apply, retiree-pensioners must log in to their respective My.SSS account, proceed to the E-services tab, click “Apply for Pension Loan,” choose their preferred loan amount and term, agree to the terms and conditions of the program, submit their application, and print or download the PDF copy of the Disclosure Statement.

They will receive an e-mail confirmation of their applications. Pension loan proceeds will be credited to their disbursement accounts within five working days.

“Those who may use the online application method for the PLP are mainly retiree-pensioners who have previously availed of the program that are already fully paid and whose disbursement accounts are UMID-ATMs or UBP Quick Cards,” Ignacio said.

“However, we are continuously developing the PLP to include Philippine Electronic Fund Transfer System and Operations Network (PESONet) participating banks as disbursement channels so that more qualified retireepensioners can conveniently avail of it,” she added.

The SSS launched the PLP to assist retiree-pensioners with their short-term financial needs through a low-interest loan at 10 percent per annum and help them avoid falling prey to loan sharks. A one-percent service fee is waived as a means to subsidize the payment for the premium of the Credit Life Insurance (CLI) of the borrower.

A qualified retiree-pensioner may avail of a loan of up to three, six, nine, or 12 times his/her basic monthly pension (BMP) plus a P1,000-additional benefit granted in 2017, but not to exceed the maximum loan limit of P200,000. Moreover, the net takehome pension of the pensioner-borrower should at least be 47.25%.

A pension loan of three and six times the pensioner’s BMP plus the P1,000-additional benefit has a payment term of six and 12 months, respectively. On the other hand, a pension loan of nine or 12 times the BMP plus the P1,000 additional benefit has a payment term of 24 months.

For more information, follow the SSS on Facebook and YouTube at “Philippine Social Security System,” Instagram at “mysssph,” and Twitter at “PHLSSS,” or join its Viber Community at “MYSSSPH Updates.”

RECOGNIZING the risks faced by government frontliners, the CSC urged government agencies to ensure that adequate occupational health and safety standards are installed and implemented to safeguard the health, safety, and welfare of their employees.

“When employees feel safe and secure at the workplace, they can focus more on performance and are able to support others who need help coping,” she said.

Under CSC Memorandum Circular

No. 18, s. 2020, agencies are required to conduct disinfection and decontamination activities, perform health status check among employees, and modify workplace layout to ensure observance of physical distancing requirements.

They are also directed to implement minimum health standards at all times such as wearing of face masks, face shields, and other appropriate personal protective equipment (PPE), taking of body temperature, and setting up of sanitation stations.

Moreover, support mechanisms such as health/psychosocial interventions, appropriate PPEs, and reasonable transportation facilities and housing quarters should be made available to government workers, subject to budgeting, accounting, and auditing rules and regulations.

The CSC chief also stressed HR’s crucial role in management in this time of crisis, and urged human resource management officers (HRMO) in government offices to provide the necessary support to ensure public service continuity and keep employees engaged.

Solenn for Solane – the collab of the year is coming

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OLENN Heussaff has signed for a project that’s been a long time coming – becoming Solane LPG’s new brand ambassador. After signing a one-year contract set to start this June, Heussaff revealed that she had always wanted to represent the brand.

“Ever since Solane changed their branding from Shellane back in 2012, people kept calling me Solane or saying si Solenn ang dating Shellane,” she recalled in between laughs. “When I found out about the offer, I thought, finally!”

Meanwhile, Isla LPG, the company behind Solane, is just as happy to have Heussaff onboard. “We’re so excited to have Solenn be a part of the Solane family.

She brings in so much passion, talent, and wit, and we can all relate to her one way or another as a parent, a homeowner, or even as a home cook, ” Valeri Villano, Marketing Manager of Isla LPG, expressed.

Mau Ortiz-Dela Cruz, the company’s

Communications Manager, shared the same sentiment. “Solenn simply nails the different roles she takes in life, especially that of being a wife and mom, so she’s just perfect for Solane LPG,” she remarked.

An actress, painter, and make up artist by profession, multi-talented Heussaff is also known to her fans as a hands-on mom to Thylane Bolzico and a loving wife to Argentine entrepreneur Nico Bolzico.

And with Solane’s commitment to protect families with safe and secure kitchen fuel, Heussaff is proud to represent the country’s most trusted LPG. Heussaff attributes her love for cooking as a reason why she couldn’t say no to Solane. In her own kitchen, she enjoys experimenting and discovering new ways to use ingredients – even sharing her own recipes on Instagram. And as a new mom, she finds cooking as a great way to bond with her daughter who, at one year old, already enjoys observing and helping in the kitchen.

Meanwhile, Heussaff’s relationship with husband Bolzico is one that many adore. The celebrity couple constantly shares snippets of their life on Instagram – videos of them pranking each other and just recently, about how they both forgot their anniversary – showing that they are just like every other couple and proving that Heussaff is undeniably hilarious. No wonder so many people look up to the famous Wifezilla, including the Brand Manager of Solane, Charen Natal. “As a celebrity, Solenn's natural charm is hard to ignore, so each time the idea of getting a new brand ambassador is discussed, we thought, It’s gotta be Solenn!”

So keep an eye out this June and follow Solane LPG’s social medial pages (Facebook.

Instagram, and Youtube) and Heussaff on Instagram so you don’t miss out!

Edamama, Pampers partner for diaper subscription

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T a time when going shopping in public isn’t ideal and in-store supplies are a gamble, Subscribe & Save provides parents with the comfort of never running out of diapers, while enjoying low prices and many rewards.

Through Edamama, an investment of Kickstart Ventures, a wholly owned subsidiary of Globe Telecom, parents are able to shop for the most trusted products and services, while discovering authentic parenting content and advice. Bela Gupta, founder of edamama, said, "our mission is to simplify decision-making,” adding that edamama has pioneered several exciting, user-friendly features that mothers in the Philippines have come to trust and love.

“With Subscribe & Save, mothers can relieve themselves of worrying about their supply of diapers. They can now transact on our site once and expect their diaper delivery every month or two,” added Gupta.

Subscribers can also enjoy nationwide free shipping and surprise freebies and perks from P&G and edamama with every

subscription delivery, including up to 50% off for size upgrades.

With the common objective to help moms provide the best for their kids, moms can choose to have their selected Pampers variants delivered to their homes every 30 or 60 days. On the edamama website, there is automatically an option for moms to join the subscription program.

All bundles found on the platform are good for an entire month’s supply, depending on the diaper size chosen. Subscribe & Save is flexible, as moms can opt to skip their subscription anytime.

As a reminder, an e-mail notice will be sent out to remind them of their next subscription order.

For moms with multiple kids, edamama provides an option to choose several product variants in one subscription, too!

The first subscription may be settled through GCash, Credit Card, or Cash on Delivery. For the second and succeeding subscriptions, the mode of payment will automatically change to Cash on Delivery.

More payment options will be rolled out soon.

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

The World BusinessMirror

Tuesday, June 15, 2021

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G-7 leaders agree on vaccines, China and taxing corporations

A fair few telling moments came out of the G-7 summit. The awkward photographs—be it of Johnson trying to elbow-bump a masked Merkel who didn’t reciprocate, or the barbecue dinner where no one seemed to respect the rules of social distancing—hinted at the tensions and contradictions bubbling under the surface on issues from China to climate change. Bloomberg

Even without Trump, tensions remain between US and allies

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merica isn’t quite back. Europe isn’t that united. Brexit still isn’t done.

There was a lot riding on the Group of Seven summit, and a fair few telling moments came out of it.

It was the first G-7 to be held in two years, and will serve as a blueprint for international gatherings in the post-pandemic age. It was the first meeting of major leaders after four turbulent years of Donald Trump in the White House, where he frequently tore into decades-long alliances and understandings. It was also the final summit for German Chancellor Angela Merkel, who has served as a bulwark for Europe for 16 years.

It was also a logistical nightmare given social distancing requirements and snafus with live feeds and transportation. Still, host UK Prime Minister Boris Johnson persevered and there was even a communiqué, something that was at times impossible in the Trump era.

But the spin and bona-fide attempts to reconnect under an unpredictably whimsical English sun belied the very real differences among leaders who had either never met, or had not seen each other for a while or were new on the scene. The circumstances were unique, and everyone had something to prove.

The awkward photographs—be it of Johnson trying to elbow-bump a masked Merkel who didn’t reciprocate, or the barbecue dinner where no one seemed to respect the rules of social distancing—hinted at the tensions and contradictions bubbling under the surface on issues from China to climate change.

Some, like Brexit, spilled over in a war of words between Johnson and European leaders over the unresolved issues of an acrimonious divorce. Johnson and France’s Emmanuel Macron raised the temperature there even as Merkel sought to rise above the fray.

Other fissures in key relationships were more subtle. Asked about the election of Joe Biden, Merkel told reporters that a new US president “doesn’t mean that the world no longer has problems.” Or as Italy’s Mario Draghi put it, the general feeling was positive but realistic and the theme

was “what attitude the G-7 should have toward China and other autocracies.”

Biden wants to rebuild alliances and show the US is, indeed, “back,” but in the words of the departing doyenne, the Europeans will “be frank on what we can’t accept.” She, for one, hasn’t forgotten that the US and the UK didn’t allow the export of vaccines at the height of the Covid-19 crisis while the EU, sluggish in vaccinating its people, sent shots to both countries.

The sense from the meeting was that even as Biden was welcomed in part for simply not being Trump, and for being a convivial member of the group, there is no magic return to a prior “norm,” and that the days of the US dominating decision making and agenda setting and others obligingly falling into line are over. Instead, even with Merkel set to depart after an election in September, the narrative was about a more equal footing for other nations in deciding key matters.

And on China, the differences were subtle but apparent. The final communiqué paved the way for an investigation into the origins of Covid, which Trump had dubbed the “Chinese virus” and said without evidence was the result of a Wuhan lab leak. Some European leaders said publicly they didn’t believe that theory, even as they agreed to support a probe.

When it came to the more substantive matter of what to do to counter China’s growing economic might and insouciance in the face of criticism, leaders struggled to present a united front. Europeans, in particular Italy and Germany, felt pushed toward an anti-China narrative by the Americans that wasn’t an accurate reflection of their conversations with Biden, according to one G-7 official.

The final language on China was not as strong as the US tried to suggest.

A US official was adamant it had not been watered down, though a comparison of drafts reveals there is still some hesitancy in calling out China. In the official readouts, for example, the US was at pains to point out that China was discussed even when, in the case of a 30-minute chat with Draghi, it was not even mentioned. Bloomberg News

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ARBIS BAY, England— Leaders of the Group of Seven wealthy nations staked their claim Sunday to leading the world out of the coronavirus pandemic and crisis, pledging more than 1 billion coronavirus vaccine doses to poorer nations, vowing to help developing countries grow while fighting climate change and backing a minimum tax on multinational firms.

At the group’s first face-to-face meeting in two years, the leaders dangled promises of support for global health, green energy, infrastructure and education—all to demonstrate that international cooperation is back after the upheavals caused by the pandemic and the unpredictability of former US President Donald Trump.

During their three-day summit in southwest England, the G-7 leaders wanted to convey that the club of wealthy democracies—Canada, France, Germany, Italy, Japan, the United K ingdom and the United States—is a better friend to poorer nations than authoritarian rivals such as China.

“This isn’t about imposing our values on the rest of the world,” British Prime Minister Boris Johnson told reporters at the end of the seaside summit on the rugged Cornwall coast. “What we as the G-7 need to do is demonstrate the benefits of democracy and freedom and human rights to the rest of the world.”

US President Joe Biden, who was making his first foreign trip as leader, said it was an “extraordinary, collaborative and productive meeting” that showed “America’s back in the business of leading the world alongside nations who share our most deeply held values.”

But health and environmental campaigners were distinctly unimpressed by the details in the leaders’ final communiqué.

“This G-7 summit will live on in infamy,” said Max Lawson, the head of inequality policy at the international aid group Oxfam. “Faced with the biggest health emergency in a

century and a climate catastrophe that is destroying our planet, they have completely failed to meet the challenges of our times.”

Despite Johnson’s call to “vaccinate the world” by the end of 2022, the promise of 1 billion doses for vaccine-hungry countries—coming both directly and through donations to the international COVAX program—falls far short of the 11 billion doses the World Health Organization said is needed to vaccinate at least 70 percent of the world’s population and truly end the pandemic.

Half of the billion-dose pledge is coming from the United States and 100 million from Britain. Canada said it also would give 100 million doses, and France pledged 60 million. Altogether, the leaders said they pledged 870 million doses “directly over the next year,” with further contributions taking the total to the “equivalent of over 1 billion doses.”

Former British Prime Minister Gordon Brown said the lack of a more ambitious vaccination plan was “an unforgivable moral failure.”

But Biden said the leaders were clear that the commitments they made to donate doses wouldn’t be the end.

The US president said getting shots into arms around the world was a “gigantic, logistical effort” and the goal might not be accomplished until 2023.

The G-7 also backed a minimum tax of at least 15 percent on large multinational companies to stop corporations from using tax havens to avoid taxes, a move championed by the United States.

Biden also wanted to persuade fellow democratic leaders to present

Aung San Suu Kyi on trial; critics say charges bogus

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ANGKOK—Myanmar’s ousted leader Aung San Suu Kyi was set to go on trial Monday on charges that many observers have criticized as attempt by the military junta that deposed her to delegitimize her democratic election and cripple her political future.

Suu Kyi’s prosecution poses the greatest challenge for the 75-year-old and her National League for Democracy party since February’s military coup, which prevented them from taking office for a second five-year term following last year’s landslide election victory.

Human Rights Watch charged that the allegations being heard in a special court in the capital, Naypyitaw, are “bogus and politically motivated” with the intention of nullifying the victory and preventing Suu Kyi from running for office again.

“This trial is clearly the opening salvo in an overall strategy to neuter Suu Kyi and the National League for Democracy party as a force that can challenge military rule in the future,” said Phil Robertson, the organization’s deputy Asia director.

The army seized power on Feb. 1 before the new lawmakers could be seated, and arrested Suu Kyi, who held the post

of special counsellor, and President Win Myint, along with other members of her government and ruling party. The coup reversed years of slow progress toward more democracy for Myanmar.

The army cited the government’s failure to properly investigate alleged voting irregularities as its reason for seizing power—an assertion contested by the independent Asian Network for Free Elections and many others. Junta officials have threatened to dissolve the National League for Democracy for alleged involvement in election fraud and any conviction for Suu Kyi could see her barred from politics.

The junta has claimed it will hold new elections within the next year or two but the country’s military has a long history of promising elections and not following through. The military ruled Myanmar for 50 years after a coup in 1962, and kept Suu Kyi under house arrest for 15 years after a failed 1988 popular uprising.

The militar y’s latest takeover sparked nationwide protests that continue despite a violent crackdown that has killed hundreds of people.

A lthough street demonstrations have shrunk in number and scale, the junta now faces a low-level armed

insurrection by its opponents in both rural and urban areas.

Suu Kyi is being tried on allegations she illegally imported walkie-talkies for her bodyguards’ use, unlicensed use of the radios and spreading information that could cause public alarm or unrest, as well as for two counts of violating the Natural Disaster Management Law for allegedly breaking pandemic restrictions during the 2020 election campaign, her lawyers said Sunday.

“All these charges should be dropped, resulting in her immediate and unconditional release,” said Human Rights Watch’s Robertson. “But sadly, with the restrictions on access to her lawyers, and the case being heard in front of a court that is wholly beholden to the military junta, there is little likelihood she will receive a fair trial.”

Government prosecutors will have until June 28 to finish their presentation, after which Suu Kyi’s defense team will have until July 26 to present its case, Khin Maung Zaw, the team’s senior member, said last week. Court sessions are due to be held on Monday and Tuesday each week.

Two other more serious charges are being handled separately. Suu Kyi is charged with breaching the colonial-

era Official Secrets Act, which carried a maximum 14-year prison term, and police last week filed complaints under a section of the Anti-Corruption Law that states that political office holders convicted for bribery face a maximum penalty of 15 years in prison and a fine.

Although Suu Kyi faced her first charge just days after the coup, she was not immediately allowed to consult with her lawyers. Only on May 24, when she made her first actual appearance in court, was she allowed the first of two brief face-to-face meetings with them at pre-trial hearings.

Her only previous court appearances had been by video link.

A photo of her May 24 appearance released by state media showed her sitting straight-backed in a small courtroom, wearing a pink face-mask, her hands folded in her lap. Alongside her were her two co-defendants on several charges, the former president as well as the former mayor of Naypyitaw, Myo Aung.

The three were able to meet with their defense team for about 30 minutes before the hearing began at a special court set up inside Naypyitaw’s city council building, said one of their lawyers, Min Min Soe. Senior lawyer Khin Maung Zaw, said Suu Kyi “seems fit and alert and smart, as always.” AP

a more unified front to compete economically with Beijing and strongly call out China’s “nonmarket policies and human rights abuses.”

The language on China in the G-7 leaders’ communiqué from the meeting was more muted than the United States has used, but Biden said he was satisfied. On China’s economic behavior, the group said it would “consult on collective approaches to challenging non-market policies and practices which undermine the fair and transparent operation of the global economy.”

The leaders also said they would promote their values by calling on China to respect human rights and fundamental freedoms in Xinjiang, where Beijing is accused of committing serious human rights abuses against the Uyghur minority, and in the semiautonomous city of Hong Kong.

Not every European power has viewed China in as harsh a light as Biden, who has painted the rivalry with the techno-security state as the defining competition of the 21st century.

“The G-7 is not a club hostile to China,” French President Emmanuel Macron said. “It’s an ensemble of democracies that [would] work with China on all world topics that China is ready to work on with us.”

Johnson, t he su mm it ’s host, wanted the three-day meeting to fly the flag for a “Global Britain,” his government’s push to give the midsized country, newly detached from the European Union, outsized global influence.

Yet Brexit cast a shadow over that goal during the summit on the coast of southwest England. European Union leaders and Biden voiced concerns about problems with new UK-EU trade rules that have heightened tensions in Northern Ireland.

But overall, the mood was positive: The leaders smiled for the cameras on the beach at cliff-fringed Carbis Bay, a village and resort that became a traffic-clogged fortress for the meeting.

The prime ministers and presidents also mingled with Queen Elizabeth II at a royal reception, ate steak and lobster at a beach barbecue and watched an aeronautic display by the Royal Air Force Red Arrows during their stay by the sea.

America’s allies were visibly relieved to have the US back as an engaged international player after the

“America First” policy of the Trump administration.

Johnson called Biden “a breath of fresh air.” Italian Premier Mario Draghi said the president “wanted to rebuild what were the traditional alliances of the United States after the period of Trump, during which these alliances were seriously cracked.”

Biden flew from the summit in Carbis Bay to have tea with the queen at Windsor Castle. He is scheduled to attend a NATO summit in Brussels on Monday and to hold talks with Russian leader Vladimir Putin in Geneva on Wednesday.

The G -7 also made ambitious declarations during their meetings about girls’ education, preventing future pandemics and financing greener infrastructure globally.

On climate change, the “Build Back Better for the World” plan promises to offer financing for infrastructure— “from railways in Africa to wind farms in Asia”—to help speed up the global shift to renewable energy. The plan is a response to China’s “belt and road” initiative, which has increased Beijing’s worldwide influence.

All G-7 countries have pledged to reach net-zero carbon emissions by 2050, but many environmentalists say that will be too little, too late.

Naturalist David Attenborough addressed the leaders by video Sunday, warning that humanity is “on the verge of destabilizing the entire planet.”

“If that is so, then the decisions we make this decade—in particular the decisions made by the most economically advanced nations—are the most important in human history,” the veteran documentary filmmaker said.

As the leaders met behind fences and barbed w ire, thousands of env ironmental protesters gathered throughout the weekend outside the ring of steel to accuse the G -7 of missing a chance to prevent climate catastrophe.

Members of the Extinction Rebellion climate activism group blocked the main road of the town of St. Ives on Sunday, banging drums and sitting on the road. Elsewhere, hundreds of surfers and kayakers paddled out to sea to urge better protection for the world’s oceans.

“G-7 is all greenwashing,” protesters sang during one march. “We’re drowning in promises, now’s the time to act.” AP

Major wreckage at hospital hit by artillery in north Syria

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FRIN, Syria—The death toll from an artillery strike on a hospital in northern Syria has risen to at least 15, medical officials said Sunday. The shelling, a day earlier, caused widespread destruction and knocked out the hospital’s maternity ward and surgery unit.

It was not immed iately c lear who was behind the attack that also wounded 43 and came from areas where both government troops and Kurdish-led fighters are deployed.

Al-Shifaa hospital is in the northern town of Afrin, in an area controlled

by Turkey-backed Syrian opposition fighters. Much of the ceiling of the facility collapsed, and electricity cables dangled in a main corridor. The delivery room, the children’s section, and the first aid hall suffered the most—leaving hospital beds covered with rubble.

Blood stained the f loor of one debris-filled room, while a mangled wheelchair and a soiled stretcher were piled up in an operating theater.

The hospital director, Dr. Hussam Adnan, said two shells damaged the maternity ward and the surgery unit, while a rocket hit the clinics.

The hospital had been crowded at the time of the shelling, and patients and the wounded were evacuated to other hospitals.

“This was a condemned terrorist act that targeted civilians,” said Adnan, adding that the hospital serves the town of Afrin and its countryside, an area home to about 350,000 people. Over 350 births take place every month at the hospital, all free of charge, he said.

Adnan and the Syrian American Medical Association—an aid group that assists health centers in opposition areas—said two hospital staff members were killed. SAMS also said 11 of its staff were injured, including a midwife seriously.

SAMS called for an investigation into the attack, adding that the coordinates for the hospital, also financed by USAID and the United Nations, had been shared as part of a UN.-led mechanism to unwind the conf lict.

In a statement, the US State Department condemned the attack, saying it was part of a recent escalation of violence in the area. It called for a nationwide cease-fire in Syria. AP

TO PLAY OR NOT TO PLAY SOTTO

By Josef Ramos

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EVENFOOTFOUR Zachary “Kai” Sotto is in Clark with the men’s basketball team but whether or not he is in game SOTTO shape is a decision comebacking head coach Tab Baldwin will have to make on the eve of battle on Tuesday.

“It’s an ongoing evaluation,” said Ryan Gregorio, Samahang Basketbol ng Pilipinas (SBP) Special Assistant to President Al Panlilio.

Sotto had to be home quarantined for 14 days upon his arrival from the US. He got his freedom only the other day.

All three teams—Philippines, Indonesia and South Korea—in Group A of the third and last window of the International Basketball Federation (Fiba) Asia Qualifiers are required to submit their lineup on Tuesday.

“We are hoping that Kai will be able to play, of course, but the great news for us is that he’s tested negative [for Covid-19],” Gregorio said. “This is an opportunity to thank Kai and his team for volunteering to serve our flag and country once again.”

Gregorio said that inserting in the roster this close to the tournament won’t be an easy task for the coaches.

“He will still be evaluated in terms of his match fitness, a part of my discussion with coach Tab [Baldwin]. We want to make sure we are not compromising his health,” Gregorio said. “He has not done a lot of basketball in the last few days, and we want to immerse him slowly.”

Baldwin, on the other hand, said they are “working through a process” but guarantee Sotto’s inclusion.

“It’s too early to say what his timetable will be,” Baldwin said.

“We’ve hardly had any time on the court with him.”

Baldwin, according to Gregorio, wanted to make sure that Sotto must know the defensive schemes of things, their concept on offense, strategies, scouting reports, and how he would build a strong chemistry with his teammates in the weeklong three-game tournament.

“Whether we will see him right away, I can give a more definite answer tomorrow [Tuesday],” Gregorio said. “But right now, we are just happy he is with the team.”

“You really going to have a hard time hiding a 7’4 guy but that’s exactly how we are excited about our Gilas team,” Gregorio added.

The Philippines faces South Korea at 6 p.m. on Wednesday and Indonesia also at 6 p.m. on Friday. The Filipinos clash with the Koreans at the close of the group competition at 3 p.m. on Sunday.

The Philippines is undefeated in three games in group.

Sports BusinessMirror

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| Tuesday, June 15, 2021 mirror_sports@yahoo.com.ph Editor: Jun Lomibao

NOVAK ENDURES, BUT TRIUMPHS P

ARIS—Novak Djokovic left the court to go the locker room for a little chat with himself after dropping the first two sets of the French Open final Sunday.

Part of him worried he was too diminished and depleted to overcome that deficit against his younger, fresher foe, Stefanos Tsitsipas. And another part of Djokovic insisted he would.

Guess which side was right?

Aided by flawless serving down the stretch, a determined Djokovic summoned his imperious best and came all the way back to beat Tsitsipas, 6-7 (6), 2-6, 6-3, 6-2, 6-4, for his second championship at Roland Garros and 19th Grand Slam title overall—one away from the men’s record shared by Roger Federer and Rafael Nadal.

“There’s always two voices inside: There is one telling you that you can’t do it, that it’s done, it’s finished. That voice was pretty strong after that second set,” Djokovic said. “So I felt that that was a time for me to actually vocalize the other voice and try to suppress the first one that was saying I can’t make it. I told myself I can do it. Encouraged myself.

I strongly started to repeat that inside of my mind, tried to live it with my entire being.”

After ending the match with a leaping volley, Djokovic who spread his arms, tapped his chest and crouched to touch the red clay at Court Philippe Chatrier.

When he went to the sideline, he handed his racket to a boy in the stands he said had been offering advice throughout.

Once the third set was underway, Djokovic felt better and played better.

“After that,” he said, “there was not much of a doubt for me.”

Yes, his triumph went from in danger to inevitable: Djokovic did not face a break point in any of the last three sets.

Djokovic became one of three men—alongside Rod Laver and Roy Emerson—to have won each major twice. As the reigning champion at the Australian Open and French Open, he heads to Wimbledon, which starts June 28, eyeing another rare achievement: He is halfway to joining Laver and Don Budge as the only men with a calendar-year Grand Slam.

The 34-year-old Djokovic eliminated 13-time French Open champion Nadal—a challenge the Serb likened to scaling Mt. Everest—in a semifinal that lasted more than four hours Friday night.

That was only Nadal’s third loss in 108 matches at the claycourt major tournament.

Djokovic also defeated Nadal in the 2015 quarterfinals before losing that year’s final. It appeared the same fate awaited Sunday, when the 22-year-old Tsitsipas had the upper hand against a drained Djokovic. AP

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INO SURBAN and Ariana Dormitorio raced to expected victories and two youngsters displayed strong potentials as competitive cycling emphatically returned over the weekend in the PhilCycling National Trials for MTB in Danao City.

Surban, men’s crosscountry silver medalist in the 2019 Southeast Asian Games, conquered the six-lap highlytechnical 3-km track atop the challenging hills of Sitio Bugho in Barangay Sandayong Sur to win the Men Elite gold medal in one hour, 22 minutes and 11.21 seconds.

Jericho Rivera crossed the uphill finish some two and a half minutes after Surban to settle for the silver medal, while Mark Louwel Valderama was more than a minute back for the bronze medal.

Dormitorio was as dominant in the women’s race—a shorter five-loop ride also over a 3-km loop— and won the gold medal in 1:29:50.75.

Nicole Quinones, daughter of Vietnam 2003 Men’s MTB gold medalist Eusebio Quinones, raced her first Women’s Elite race and bagged the silver medal with a 1:42:12.89 clocking. Pamela Jane Ruiz clinched bronze in 1:48:25.24.

“Cycling is back,” PhilCycling head Rep. Abraham “Bambol” Tolentino, also the Philippine Olympic Committee president, said. “It’s more than a year since we have an official and this competition in Danao City marks our sport’s return.”

Health and

safety protocols were enforced in the event through the local government of Danao City, the Regional Task Force and the Department of Health.

“The results showed our cyclists stayed in competitive form even during the pandemic.

Everyone wanted to return to action,” said Oscar “Boying” Rodriguez, PhilCycling vice chairman and MTB commission head. He also chairs the Danao City Sports Commission.

Rodriguez and former congressman Ramon “Red” Durano awarded the medals to the winners.

The Ronda Pilipinas was the last to be raced before the pandemic struck in March 2020.

Young cyclists also showed potentials to be next in line as national team members.

Gart Gaerlan topped the Men’s Junior race (four laps, 12.4 kms) in 1:03.27.73, followed by Marvin Dave Cerilo (2:07.32 behind) and another Quinones, Matthew Simon (6:08.12 behind).

Athena Marie Magpantay, the Batang Pinoy champion in Puerto Princesa in 2018, remained in top form and ruled the Women’s Junior category in 1:11:11.44.

Jasmin Philsen Babol (1:20:26:26) and Alianah Therese Velasco (1:24:03:09) completed the podium.

The age group winners were Julius Raphael Cabatingin (1112), Jhon Andry Labuga (13-14) and again Gaerlan (15-16) in the boys class and Magpantay (15-16) in the girls’ race.

Next up on the PhilCycling calendar is the National Trials For Road on July 9 and 10 in Clark, Pampanga.

MVP Jokic ejected as Suns eliminate Nuggets

DENVER’S Nikola Jokic (center) is restrained from fighting with Phoenix’s Devin Booker (second from left in front). AP

ENVER—The Phoenix Suns roared into the Western Conference Finals for the first time in 11 years Sunday night with a testy 125-118 victory over Denver that completed a four-game sweep of the Nuggets and included MVP Nikola Jokic’s ejection.

Chris Paul scored 37 points and Devin Booker added 34 in a physical game marred by Jokic’s ejection.

seventh straight playoff victory, the Suns advanced to the conference championship for the first time since 2010—the last time they even reached the playoffs.

After knocking out LeBron James and the defending champion Lakers in Round 1, the Suns quickly dispatched Denver and made Jokic the first MVP to get swept in a playoff series since Magic Johnson in 1989.

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Jokic was tossed with 3:52 left in the third quarter and the Nuggets trailing 83-76 after his hard righthand windmill swipe sent the basketball flying but also caught Cameron Payne in the face.

Booker took umbrage at the hard foul and got in the big man’s face before teammates and coaches pulled everyone apart.

Officials assessed a double

technical on Jokic and Booker and ejected the MVP after upping the call to a Flagrant 2. Jokic finished with 22 points and 11 rebounds in 28 minutes.

The Nuggets and their fans at Ball Arena were frustrated that they were getting called for ticky-tack fouls yet Jokic wasn’t getting the calls expected of a Most Valuable Player.

With their franchise-record

Gilas players, foreign teams start entering Clark bubble

MEMBERS of Gilas Pilipinas enter the Quest Hotel bubble in Clark.

Knowing Michael and Kobe VINCENT JUICO @VJuico, Instagram vpjp_j, vince.juico@gmail.com

SPORTS WITHOUT BORDERS tentionally missed free throws by Bryant as the basketball icon was simulating game situations.

Roland covered Michael for 30 years and almost 25 years for Kobe.

In both books, Lazenby went back to the ancestors of both greats.

In both bestsellers, Lazenby narrates the trials, tribulations and adversity both legends had to go through to get to where they are.

According to bookreporter. com, “When most people think of Michael Jordan, they think of the beautiful shots, his body totally in sync with the ball, hitting nothing but net. But for all his greatness, there’s also a dark side to Jordan: a ruthless competitor, a gambler.

Drawing on personal relation-

Will Barton led Denver, which trailed by 13 heading into the fourth quarter, with 25 points, Michael Porter Jr. added 20 and Monte Morris 19.

The Nuggets survived the loss of star Jamal Murray to a torn ACL on April 12, winning 13 of 18 to close out the regular season and taking care of the Portland Trail Blazers in five games in the opening round. AP

EMBERS of Gilas Pilipinas and foreign players have started to arrive in Clark for the International Basketball Federation (Fiba) Asia Cup Qualifiers third and final window.

Bases Conversion and Development Authority (BCDA) President and Chief Executive Officer Vince Dizon, Clark Development Corp. (CDC) President

and CEO Manuel Gaerlan and BCDA Senior Vice President for Corporate Services Group Arrey Perez witnessed on Sunday the arrival of teams at the Quest Hotel and Conference Center in Clark.

“This is the first international sporting event since we went through this very difficult time,” Dizon said. “Seeing Gilas Pilipinas compete here at home is such a

welcome sight and gives us so much hope that we are towards the tail end of this difficult time.”

“We are very much proud and happy to host here in Clark the 2021 Fiba Asia Cup Qualifiers,” Gaerlan said. “We hope that our countrymen will cheer not only for our national team but also welcome the foreign teams.”

Samahang Basketbol ng

Pilipinas (SBP) Executive Director Sonny Barrios, Deputy Executive Director Butch Antonio and Special Assistant to the President Ryan Gregorio joined the Sunday’s online press conference.

“We cannot overemphasize our gratitude for BCDA and CDC’s valuable support to make this event take place after a couple of earlier postponements because of the challenges of the pandemic,” Barrios said. “But through your kind and strong assistance, finally we are here.”

ships with Jordan’s coaches; countless interviews with friends, teammates, family members, and Jordan himself; and a career in the trenches covering Jordan in college and the pros, Roland Lazenby provides the first truly definitive study of Jordan.”

On Showboat, goodreads. com says, “Finalist for the Cross British Sports Biography of the Year Award in the UK, with surgical precision, Roland Lazenby expertly dissects the life of this generation’s most fascinating basketball player.

What made Kobe Bryant tick so loud for so long? Lazenby shows you with a tour de force in reporting and an intimate inspection at Bryant’s trials, accomplishments and tribulations.”— Jonathan Abrams, author of Boys Among Men “With the publication of Showboat: The Life of Kobe Bryant, it is high time we recognize author Roland Lazenby for what he has become: the finest sports biographer of our time.

First with the astonishing Mi-

chael Jordan: The Life and now his having written an incredibly researched, beautifully written biography of this enigmatic Laker superstar, Lazenby has entered rarified air: one is wowed by what one learns and at the same time you can’t wait to read what comes next.”—Peter Golenbock, author of 10 New York Times bestsellers Eighteen-time All-Star; scorer of 81 points in a game; MVP and a shooting guard second only to Jordan in league history: Kobe Bryant is one of basketball’s absolute greatest players, a fascinating and complicated character who knew when he was a mere boy that he would be better than Jordan on the court.

The debate about whether he achieved that is a furious one— but Kobe has surpassed Jordan on the all-time scoring list and has only one less championship (five) than Jordan. He was set to retire after the 2015-16 season, just in time for Lazenby’s definitive biography of the player and the man.

The Lakers are the flashiest team in all of sports, and the

context in which Bryant played is salacious and exciting. Provocative stories mixed with good old fashioned basketball reporting make for a riveting and essential read for any hoops fan.”

Amazon.com says, “The definitive portrait of Kobe Bryant, from the author of Michael Jordan: The Life, Lazenby’s detailed research and fantastic writing paint a complex, engaging picture of one of the NBA’s greats” (Kurt Helin, NBC Sports).

Kobe is among basketball’s absolute greatest players, and his importance to the sport is undeniable.

Third on the NBA career scoring list and owner of five championship rings, he is an undisputed all-time great, one deserving of this deep and definitive biography.

Even within the flashiest franchise in all of sports—the Los Angeles Lakers, where he played his entire career—Kobe always took center stage, and his final game captivated the basketball world, indeed the country.

Lazenby delved deep to look behind this public image, using

classic basketball reporting and dozens of new interviews to reveal the whole picture, from Bryant’s childhood through his playing years.

Showboat is filled with large personalities and provocative stories, including details of Bryant’s complicated personal life and explosive relationships on the court, and is a riveting and essential read for every hoops fan.

Lazenby doesn’t like comparing players, be it Kobe vs Michael or Lebron vs Michael or Lebron vs Kobe. He also adds that the back-toback titles of the Houston Rockets be left alone on its own merit rather than a what if scenario as to whether the Bulls would’ve beaten them in a seven game series.

Lazenby has a holistic view of both superstars. Both books gradually develop both players from their beginnings until the twilight of their respective legendary careers.

It was a great conversation with a man who had a courtside seat to two of the greatest careers in professional sports.

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MICHAEL and Kobe. Two peas in a pod. Brothers from different mothers. Cut from the same cloth, and same exact pages from different books (Michael Jordan: The Life and Showboat and The Life of Kobe Bryant), both bestsellers authored and written by Roland Lazenby.

The interview with Mr. Lazenby on my online program, “Sports For All,” went longer than expected, but it was worth it.

Lazenby was one of the people I sought out to appear on the show when I started the podcast.

Lazenby told me and co-host Brian Yalung story after story after story on Michael and Kobe, like when he used to rebound in-

NOVAK DJOKOVIC claims his 19th Grand Slam title with a five-set comeback at the French Open. AP

Surban, Dormitorio dominate MTB nationals in Danao City