BusinessMirror June 28, 2022

Pagcor: We’ll collect receivables from Pogos

‘Close borders, cut Omicron exposure risk’

By Bernadette D. Nicolas @BNicolasBM

By Cai U. Ordinario

S C the woRld »a12

Russia stRikes kyiv with missiles as westeRn leadeRs meet in euRope

@caiordinario TATE-RUN Philippine Amusement and Gaming Corporation LOSING the country’s (Pagcor) vowed to borders exhaust all is one of the most its immediate legal means to collect outstanding courses ofofaction receivables, whichthe the governbulk should mentcome mustfrom take to prevent the latPhilippine Offshore Gamest Covid-19 variant, Omicron, from ing Operations (Pogos). reachingPagcor Philippine shores, accordalso clarified in a stateing toment localon economists.

Monday that the bulk of T he var iant that is a itthreat, the new P1.512 billion has yet to e s p ecollect c i a l l yfrom w itPogos h t he washol dueid toay thesimcoming up and more foreigners pact of the Covid-19 pandemic. The being a llowed to travel(COA) to the Commission on Audit earlier Philippines, De La Sa lle Univerflagged Pagcor’s P2.328 billion worth sit y of economist Mar ia Ella uncollected funds as of Oplas end-2021, told saying BusinessMirror. this could have been used to The holidays usually bring in enable the gaming regulator to fulfill Overseas FilipinoofWorkers (OFWs) its mandate generating revenues

who are eager to spend Christmas

for government programs.

In a bid to still source revenues to with their loved ones, while forfund the government’s fight against eigners living in temperate regions the pandemic, Pagcor said it continusually tothe relax in tropical ued towant impose monthly Minimum countries like the Philippines.

Guaranteed Fee (MGF) on allThis Pogos year’s of OFWs isofexpected to lastinflux year regardless whether they be heavier since many of them were resumed their operations. unableThe to come home foris the monthly MGF forholidays operators in December 2020. who failed to meet their monthly tar“My recommendation is to operating protect get revenues under normal thecircumstances, borders. Do notPagcor allow people said. with a history travel to withof “In of deference tocountries the provisions positive cases to enter,” Oplas said. the Bayanihan Act, only the proce“Wedures should more restrictive.

[We onbe forfeiture of performance have to be] more protective in terms bond and cancellation of license were of our measures.” temporarily suspended. NevertheOplas said that thismeasures, will be less, despite suchwhile remedial a setback to some industries, most Pogos were no longer ablethis to reis aopen fair since measure considering that the start of the pandemic, thiswhich couldconsequently help preventresulted placing in thethe

country in another strict lockdown,

accrual of uncollected bills,” Pagcor explained. which, said, economy can no Toshe recall, allthe Pogos in the country longer were afford. ordered shut down by the gov“It is better that we21, do protective ernment on March 2020 amid preventive measures than get exthe implementation of Enhanced posed again.

We have a lot to lose,” Community Quarantine.

OplasDespite said. “We should do it now Pogos being allowed to so rethat we can open before sume operations,just Pagcor saidChristmost of mas. it getswere contained, weresume can open theIf outfits unable to opit erations again.” due to existing lockdowns, Ateneo Center for Economic Rerestrictions in business operations, search and Development (ACERD) prohibition on entry of foreign workAssociate Director Ser measures.

Percival ers, and other pandemic K. Peña-Reyes said closing the “To date, Pagcor has been observcountry’s borders would be effecing proper procedures for the collective but still adhere to the tion of should its outstanding receivables. standards set by the World Health Uncollected accounts receivables Organization have already (WHO). been referred to the Whatdepartment is needed, Peña-Reyes legal for necessarytold acthis newspaper, restriction, and Pagcorisisfor settravel on employing

tions to be put in place swiftly and

all legal means for its collection,” it said. for Me government be proactive a nwh i le, tot he re m a i n i nin g imposing P815.902 them. million indicated in COA’s Previous instances when the report as “under protest” has already country had the opportunity to imbeen “resolved with finality.” poseThe travel restrictions did not pregaming regulator reiterated vent of Covid-19.

That was thatthe thespread amount resulted from its mainly because the decision wasonnot “intensive fight against illegal made immediately, he overzealoussaid. line gambling and its “Kung papatay patay [If which we’re ness to maximize collections slow] and we get caught flat-footled it to impose assumed or estimated, [that’s for risky] We were too reed billings suspected undeclared active instead of proactive before. web sites.”

We “After shouldthorough learn from that,” Peñarevalidation, no Reyes said.

“It’s a delicate balancing link between the suspected undeact.

Weweb need push testing and clared sitesto and concerned Pogos tracing to be properly informed were established. In fact, the undeof our decisions.

Blanket/shotgun clared sites were actually web sites approaches could direthe conseof illegal operatorshave stealing live quences the economy.” stream ofon our licensees,” it said.

See “Omicron,” A2

FITCHGOVT ARM: BSP COULD NATL BORROWINGS FOR 10 MOS DIPTO TO3.25% P2.75T RAISE RATES w w

n

n Tuesday, June 28, 263 Monday, November 29,2022 2021Vol.Vol.1717No.No.52

By Bernadette D. Nicolas

T

Omicron risk Neda’s climate strat: RE lib, spursplastics revival taxes on single-use

@BNicolasBM

HE national government’s gross borrowings as of end-October shrank by almost 6 percent year-on-year to P2.75 trillion.

By Cai U. Ordinario @caiordinario

T

Latest data from the Bureau of the Treasury showed that the government’s gross borrowings during the 10-month period fell by 5.99 percent from P2.92 trillion a year ago.

With only two months left for this year, the latest figure is already equivalent to 89.6 percent of its P3.07-trillion borrowing program.

Broken down, gross domestic borrowings from January to October settled at P2.23 trillion, down by 5.08 percent from P2.35 trillion in 2020.

The bulk of the amount was PEOPLE walk past the mural of Gat Andres Bonifacio at Manila City Hall Underpass. sourced from Fixed Rate Treasury The country will celebrate the 158th birth anniversary of Filipino revolutionary Bonds (P1.19 trillion), followed by hero Gat Andres Bonifacio on Tuesday, November 30. ROY DOMINGO short-term borrowings from Bangko Sentral ng Pilipinas or BSP (P540 billion),put Retail Treasury Bonds/PreWORKERS up scaffolding in front of the National Museum on Padre Burgos Street in Manila in preparation for the inauguration of the 17th President of the Republic, Ferdinand Romualdez Marcos Jr., myo Bonds (P463.3 billion), on Thursday, June 30, 2022. ROY DOMINGO Retail Onshore Dollar Bonds (P80.84 billion). In the same period, there was

By Bianca Cuaresma @BcuaresmaBM

By Jasper Emmanuel Y. Arcalas dating its registry following the them. This allows everyone to see also a net redemption of Treasury @jearcalas enactment of the Coconut Farmwho are listed in the registry and if Bills amounting to P43.94 billion. inflationary pressures ers and Industry Trust Fund law. farmer doesn’t see his name then he Net debtOUNTING redemption means willdebts lead to commore rate hikesORE from the3 million than Rosales explained that about shall coordinate with the PCA imthere were more repaid coconut farmers and 500,000 coconut farmers and mediately,” he explained at a recent pared to the amount borrowed durBangko Sentral ng Pilipinas (BSP), workers are now regisworkersHE were added to the PCA’s dialogue with coconut farmers. ing the period.

1-meter rule in classof-purely-online-classesan Meanwhile, international think tank said in its recent tered with the government’s reg2018 listrooms that had about 2.5 million “On the other hand, if people gross foreign boris an “obsolete %E2%82%A711-trillion/) assessment on the istry, whichmonetary serves as the basis coconutpolicy” farmersand and farm workers. would see names onthe the list and rowings in the piece same period also Philippines’s must be re“Children can go to malls, for the number of people to be The PCA’s next step is to conthey think they are not coconut contracted by 9.7 percent to P518.7 policy landscape. moved to improve the educaplay in the streets, and even covered by the utilization of the duct exclusion-inclusion profarmers their cannot details are incorbillion from last year’s P574.4 billion. tionan being received by children travel, yetorthey fully P75-billion coconut levy fund. cedure by making the updated rect, they can report it to the This was raised through global nationwide, according to the have face-to-face classes. ThisPCA Philippine Coconut Authority farmers’ registry public, providimmediate action,” added. bonds (P146.17 billion), program In a research note, Fitch SoluMonetary Board has highlighted National Economic and Deisfor very unfortunate,” Chuahe said.

(PCA) Deputy Administrator Roel ing everyone the opportunity to The PCA official noted loans (P139.98 billion), euro-detions—the research arm of the Fitch that it ‘is prepared to take necessary velopment Authority (Neda).

“For many Filipinos whothat M. Rosales said about 3.11 million check the veracity of the list, Rothe of money, the initial nominated bonds (P121.97 billion), Group—said they now expect the policy action to bring inflation toIn his last Ask Neda Briefing do notcompletion have power, or list coconut farmers and farm worksales added. of coconut farmers registry would a project loan (P86.41 billion), and Central Bank to raise its rates to wards a target-consistent path over on Monday, outgoing Socioecoinfluence, a good education ers have been registered with the “The list will be posted in public be just in time for the expected yen-denominated samurai bonds 3.25 percent for this year. This is a the medium term and deliver on its nomic Planning Secretary Karl serves as the stepping stone government it stability,’ started upspaces where can easily see oftheir coconut levy-funded (P24.19 billion).monetary tightenmore aggressive primary mandatesince of price Kendrick T. people Chua stressed the torollout realizing potential and

M

See “Borrowings,” A2 ing path than their earlier forecast of 2.75 percent by the end of the year.

The BSP has already raised its monetary policy rates twice this year, both by 25 basis points each.

This has effectively raised the Central Bank’s main interest rate to 2.5 percent.

“Over the coming months, mounting inflationary pressure and rising global interest rates will prompt the BSP to adopt a more hawkish stance in our view. The

PESO EXCHANGE RATES

P25.00 P25.00 nationwide nationwide || 22 sections sections 24 20 pages pages ||

AXES on single-use plastics such as water bottles and the liberalization of renewable energy are among the top recommendations of the National Economic and Development Authority (Neda) to the next administration as part of its efforts to combat climate change.

In his last Ask Neda Briefing on Monday, outgoing Socioeconomic Planning Secretary Karl Kendrick T. Chua said adapting to and mitigating the impact of climate change on the economy should be at the core of the next Philippine Development Plan (PDP).

Chua said their recommendations also include the enactment of an electric vehicle law as well as greater use of digital technologies to undertake climate smart infrastructure projects.

“These are some of the examples where we think we can make climate change mitigation and adaptation more in line with our priorities,” Chua said. “[We also want to] make sure that all infra are planned very well and not just accepting unsolicited programs as President proposals that are totallyDuterte out of the is expected sign the industry scope of ourto plans,” he added. development plan in early 2022.

For infrastructure, Chua said Rosales said the PCA will not stop updating its list of coconut farmers and enjoined them to register in order to reap the benefits of the decades-long idled coconut levy fund. “We will not stop at 3.1 million. We hope that more individuals will register in our coconut farmers registry,” he said.

The updating of the coconut farmers registry is mandated by Republic Act (RA) 11524 or the Coconut Industry Trust Fund Act.

OVER 3-M FARMERS LISTED FOR P75-B COCO LEVY FUND ‘KIDS CAN GO TO MALLS BUT NOT TO SCHOOL?’–NEDA CHIEF

M

T

See “3-M farmers,” A2

and that ‘upside risk continues to importance of allowing chilsecuring a better future,” he dominate the inflation outlook up dren to go back to school and added. to 2023,’” Fitch Solutions said. attending face-to-face classes.

Chua said the36.8968 policy ofnmainn US 50.4600 n JAPAN 0.4374 n UK 67.2329 n HK 6.4722 n CHINA 7.9013 n SINGAPORE AUSTRALIA 36.2807 n “Moreover, the ongoing robust Chua earlier said the hutaining a 1-meter rule inside economic recovery as shown in first man toll of purely online the classroom has prevented quarter 2022 GDP data will give classes is P11 trillion over schools from allowing chilthe BSP more room to tighten its a 40-year period since only dren back on campuses. His monetary policy stance,” it added.

37 percent of the learning is son, Chua said, only goes to In their latest meeting, the BSP absorbed via online classes. school every other week since revised their inflation forecast for (Full story here: https:// the policy only allowed school 2022 to 5 percent from the earlier busi n e s sm i r ror .com. capacity to just be at 50 percent. forecast of 4.6 percent in May. ph/2021/09/10/human-tollSee “Kids,” A2

of quarantine rules in PHL

By Samuel P. Medenilla @sam_medenilla

I

NTER NATIONA L concerns over the possible spread of the more infectious Omicron Covid-19 variant prompted the government to reimpose mandatory facility-based “We want to have aquarantine policy on the for all arriving passengers ininfra the country. master plan so that all our are Acting Presidential spokesperwell thought out and that they connect son Karlo B. Nograles announced really the transport urban on Sunday that with the the Inter-Agency planning with the land use with the Task Force for the Management of Emerging Infectious Diseases water used with the issue of population (IATF) suspended the implemendemographic and congestion.” tation of Resolution —its Outgoing Neda chiefNo. Karl 150Chua A (s.2021), effectively imposing stricterrecommends protocols for the all inbound Neda crafttravelers. ing of better policies on master To to note, IATFthat Resolution 150plans ensure infrastrucA had allowed fully vaccinated ture projects are well-planned non-visa travelers from Green List and coordinated. areas enter country with“Weto want to the have a policy on out the need for facility-based the master plan so that all our inquarantine as long as they fra are well thought out andsecure that negative Reverse Transcriptionthey connect really the transPolymerase Chain Reaction (RTport with the urban planning PCR) test within 72 hours prior with the land use with the water to their used withdeparture. the issue of population “Except for and countries classified demographic congestion,” as ‘Red,’ he said. the testing and quarantine protocols See for “Neda,” all inbound internaA2 tional travelers in all ports of entry shall comply with the testing and quarantine protocols for ‘Yellow’ list countries,” Nograles said, citing the provision of IATF Resolution No. 151-A. He noted Hong Kong, which has confirmed a case of the Omicron variant, will also fall under the Yellow list countries.

The suspension of the rules for “Green List” countries will be in effect from November 28, 2021 to December 15, 2021.

Continued on A2

EU 56.5758 n SAUDI ARABIA 13.4531 Source: BSP (November 26, 2021)

See “Fitch,” A2

PESO EXCHANGE RATES n US 54.8390

n JAPAN 0.4057 n UK 67.2875 n HK 6.9866 n CHINA 8.1974 n SINGAPORE 39.5550 n AUSTRALIA 38.0473 n EU 57.8826 n SAUDI ARABIA 14.6132 Source: BSP (June 27, 2022)

News

BusinessMirror

A2 Tuesday, June 28, 2022

Biden sends US delegation to Manila for BBM inaugural

U

By Malou Talosig-Bartolome

@maloutalosig

S President Joe Biden is sending a delegation to Manila led by the husband of US Vice President Kamala Harris, Douglas Emhoff, to represent him during the inauguration of President Ferdinand “Bongbong” R. Marcos Jr. on Thursday.

The designation of a US presidential delegation to Marcos’s inaugural “signals” the importance placed by the US on the renewed Philippine-US relations, a highranking retired Philippine diplomat told the BusinessMirror.

In a statement, the White House announced Monday six other members of the US presidential delegation. They are: US Chargé d’Affaires to Manila Heather Variava, Virginia Rep. Robert “Bobby” Scott,

Frasco...

Nani Coloretti, deputy director of the US Office of Management and Budget, Retired Admiral James “Sandy” Winnefeld Jr., former vice chairman of the joint chiefs of staff, Edgard Kagan, US National Security senior director for East Asia and Oceania and special assistant to Biden, and Chantale Wong, US Director of the Asian Development Bank.

Biden must have been officially invited by President-elect Marcos

Continued from A16

For DOT Employees Association Ramil S. Bas, “We believe that Secretary Frasco could bring a unique perspective—one that comes from local destinations, and understanding of the plight of tourism workers like us. This might help us to the next level of tourism recovery and

sustainability.”

Meanwhile, Frasco attributed Singapore’s quick economic rebound to its move to ease rules on wearing masks. “I’ve recently been in Singapore with my family and there, the mask mandate has been lifted for outdoor areas. It is

to attend his inaugural and the US leader accepted the invitation. “As he deems it fit, Biden accepts the invitation and appoints a delegation to represent him,” a senior diplomat who was previously assigned to the US told the BusinessMirror.

Emhoff also led the US delegation to the inauguration of South Korean President Yoon Suk-yeol last month. He also led the US delegation to the Paralympic Games in Tokyo in August 2021 and traveled with his wife to Paris in November 2021.

Variava is the highest ranking US diplomat in Manila. The US has no ambassador to Manila yet, although Biden has already nominated Marykay Carlson, a career diplomat, last February 2022. Carlson was confirmed by the US Senate on May 5, 2022.

Rep. Scott’s maternal grandfather is of Filipino ancestry, making him the first American with Filipino ancestry to serve as a voting member of Congress.

Hawaii-born Coloretti, meanwhile, is the highest-ranking Filipino-American official in the Biden administration.

Winnefeld is chief of Biden’s Intelligence Advisory Board, independent from the US intelligence community. In an article in 2020, he warned that “winter is coming,” which he meant as an “impending international crisis” involving China.

Kagan, meanwhile, arranged the phone call between Biden and President-elect Marcos in May. He has been instrumental in organizing the US-Asean Special Summit in Washington DC, a few days after the presidential elections in the Philippines.

Manila-based Wong is one of the highest-ranking leaders of US economic and international policy in Asia. She has been a member of the ADB staff since 1999 as environment specialist. She was also America’s first ambassador to out herself as a lesbian.

required for indoor areas but it’s optional for outdoor areas. And what we’ve seen in the people of Singapore and the Philippines, we have lived with [Covid] for over two years. People now have the necessary discernment and responsibility to wear their mask when they’re inside, and take it off when they’re outside. The result of which has been a resurgence of their economy as far as the attraction or more

tourists in that country.”

Frasco also appealed to Filipinos not to write off Mindanao and other similar destinations, which have been touched by peace and order issues. “I’ve never been one to back from a challenge, and I take the criticism [about developing Mindanao as a tourism destination] to work with the people of Mindanao to prove to the world that they are fully deserving of the attention they have so needed and deserve.”

She added, “We will do that by first, recognizing the necessity of continuing the peace and order efforts of the Duterte administration that have been successful and will continue to succeed under the Marcos administration. Second, by disabusing ourselves of these unfair judgements, writing off certain areas simply because of the acts of the few that have greatly affected the welfare of many. Third, by exerting extra effort on the part of the DOT to reach out to this region, to exert the services, the talents, the expertise of the members of the Department to ensure that they receive the appropriate training, promotion and marketability that they should have and will have moving forward.”

Kids...

www.businessmirror.com.ph

Neda...

Continued from A1

Neda Undersecretary for Regional Development Mercedita Sombilla also said that local government units (LGUs) through Regional Development Councils (RDCs) are expected to take on a larger role in climate change adaptation and mitigation.

Sombilla said LGUs are always at the forefront of climate changerelated natural catastrophes and that, with the funds extended to them through the Mandanas ruling, they are in a better position to take action in their locales.

In a presentation citing the 2021 Climate Risk Index, Sombilla said the Philippines is ranked 4th most affected by impacts of climate-related extreme weather events.

Climate-related damage

THE estimated cost of damage due to climate- related hazards reached P455 billion and geophysical hazards P7 billion between 2010 and 2019.

Citing data from the Philippine Statistics Authority (PSA), Sombilla said 98 percent of total damage incurred by the Philippines from 2010-2019 is caused by climaterelated hazards.

Greenhouse gas (GHG) emissions in the Philippines, based on the 2010 Philippine Greenhouse Gas Inventory Report, Sombilla said, is largely due to energy which accounts for 37 percent of emissions.

This is closely followed by agriculture which accounts for 30 percent of all GHG emissions; transportation, 17 percent; waste, 11 percent; and industry, 6 percent. By 2030, the country aims to reduce or avoid 75 percent of GHG emissions.

In terms of climate smart infrastructure, Neda Officer in Charge Undersecretary Roderick M. Planta said urbanization is an important consideration.

Fitch...

Continued from A1

The country’s inflation target for this year and next year is at 2 to 4 percent.

The BSP also announced that inflation will breach the target for 2023, and is expected to average at 4.3 percent for next year. This is an upward adjustment to their withintarget forecast of 3.9 percent in May. “Over the coming months, we expect inflation to remain elevated relative to historical levels owing to high energy and grains prices as well as a weaker Philippine peso exchange

Continued from A1

He said he has already written to outgoing Education Secretary Leonor Magtolis-Briones and outgoing Health Secretary Francisco Duque III regarding the policy and he said they have had many discussions in the IATF regarding the matter.

Chua hopes his recommendations will be communicated to incoming Education Secretary and Vice President Sara Duterte through the transition message or notes of Briones.

Major trends shaping urbanization in the Asean include city congestion, increasing emissions, and the volume of waste as well as higher urban populations since an additional 70 million more people are expected to live in Asean cities by 2025.

Planta also said urbanization is affected by the vulnerability of countries to natural disasters, climate change, and threats to security.

The prevalence of poverty and informal employment, he said, is another trend shaping urbanization in the region.

“Smart and sustainable infrastructure is not a goal itself, but a strategic approach and pathway to achieving our goal of laying down the foundation for inclusive growth, high-trust and resilient society, and globally-competitive knowledge economy,” Planta said in a presentation.

Further, Planta said promoting sustainable urban infrastructure is guided through the Neda Project Development and Other Related Studies (PDRS) Fund. At least 13 sector-wide master plans in urban areas nationwide were funded and completed.

These master plans, Planta said, will guide the preparation and implementation of programs and projects for sustainable infrastructure development.

Utilizing tools such as Urban Carrying Capacity can also be used as guide for planning and implementing sustainable urban development.

Planta said urban carrying capacity considers the level of human activities, population growth, land use and physical development, which can be sustained by the urban environment without causing serious degradation and irreversible damage.

“This obsolete rule has to go, especially since the entire country is on alert level 1 or 2,” Chua said.

“For us education is a foundation of development so I hope this will be taken very seriously. The repercussions on the children’s present and future development are very much affected by their ability to learn better.”

He said if face-to-face classes will be allowed, the country’s economic recovery from the pandemic would be stronger as the education sector would have a higher share in economic growth.

Chua lamented that the growth of the education sector has lagged because of the lack or absence of face-to-face classes. “The pandemic has slowed down the pace of our development, but not our resolve. The good news is that our recov-

rate, which will drive up imported inflation. Furthermore, a release of pent-up demand in the Philippines following continued easing of Covid-19 restrictions and still-negative real interest rates will also feed into higher price pressures over the coming quarters,” Fitch Solutions said.

“Lastly, Mainland China’s zeroCovid policy has led to citywide lockdowns in key economic and manufacturing hubs, exacerbating strains to the global supply chain,” it added.

ery is very evident as we manage risks better, increase vaccination rate, and open further the economy.

Our 8.3 percent GDP growth rate in the first quarter is a testament to our strong recovery,” Chua said in his speech.

He admitted that the past six years were “very challenging, but also very fulfilling.” He said efforts that helped the economy in the past six years included the pursuit of the Build, Build, Build infrastructure program; the Comprehensive Tax Reform Program; and the Rice Tariffication Law. These included the National ID Program; the Ease of Doing Business Act; and the Amendments to the Retail Trade Liberalization Act, Foreign Investments Act, and the Public Service Act. Chua said the Duterte administration also enacted the Financial Institutions Strategic Transfer Law to help manage risks from the pandemic; the Universal Health Care Law; the Pantawid Pamilyang Pilipino Program Act; the Free Tertiary Education Law; and the Philippine Innovation Act. Congress has also ratified the Rural Agricultural and Fisheries Development Financing System Act. He noted that several executive orders were issued to extend or modify tariff rates and minimum access volumes to expand the supply and thus lower the prices of key commodities, such as pork, rice, corn, and coal. These have all helped reduce the pace of inflation. Cai U. Ordinario

The Nation BusinessMirror

www.businessmirror.com.ph

Gatchalian urges LTFRB to hasten cash-aid delivery for PUV drivers

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EN. Sherwin T. Gatchalian pressed the Land Transportation Franchising and Regulatory Board (LTFRB) to fast track the distribution of fuel subsidies to the targeted beneficiaries in the public transport sector.

Gatchalian also said was set to pursue the provision of the third tranche of the government’s fuel subsidy program to provide economic relief to the transport sector reeling from the effects of the successive oil price hikes.

The lawmaker lamented that many public utility vehicle (PUV) drivers already stopped plying their routes, effectively losing their source of income.

“The key here is dapat mas mapabilis natin ang pagbibigay ng ayuda sa kanila dahil time is of the essence,” the lawmaker pointed out.

Presiding at a Senate hearing as chairman of the Committee on Energy, Gatchalian enlisted the support of the LTFRB in their last consultative meeting on mitigating the impact of higher oil prices.

For a start, the senator is mulling over another round of Pantawid Pasada Program amounting to P3,000 per month for the next five months.

PRC Blood Services serves 100,000 patients from Jan to June this year

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HE Philippine Red Cross (PRC) Blood Services on Monday reported that it has served more than 100,000 patients from January to June this year.

Dr. Monina Nalupta, Director of PRC’s Blood Services, noted in an interview with CNN Philippines, that there has been an increase in the number of blood donors this year, compared to 2020, when the humanitarian organization saw a 29 percent decrease in blood units donated due to the Covid-19 mobility restrictions.

She also stressed that donating blood is lifesaving.

From January Blood Services served 110,215 patients. It collected 166,266 blood units from 155,997 donors and dispensed 191,696 blood units for the same period.

On the recipient side, mothers who recently delivered babies and are experiencing postpartum hemorrhage comprised 20 percent of the patients served.

Through the leadership of its Chairman and CEO, Sen. Richard J. Gordon, the PRC now has 100 blood service facilities nationwide, making it one of the leading providers of blood and blood products in the country.

The PRC continually promotes voluntary non-remunerated blood donations to maintain an adequate supply.

“Napakahalaga para sa kahandaan ng ating bansa sa anumang insidente na tayo ay may sapat na suplay ng dugo, [It is very important that our country is ready for any incident and that we have enough supply of blood],” Gordon said. Claudeth Mocon-Ciriaco

He noted, however, that the distribution of the first tranche of the fuel subsidy for public utility vehicle drivers and operators, which was supposed to have been completed within the second week of May, had been “marred by delays due to lack of existing database of intended beneficiaries.”

For his part, LTFRB Chairman Martin Delgra informed Gatchalian during the consultative meeting that it was only this month that they were able to complete the database of qualified and legitimate franchise holders after the Department of the Interior and Local Government (DILG) submitted the list of eligible tricycle drivers.

It was noted that as of June 16, the total credited fuel subsidies stood at 232,586 or 88 percent. The Land Bank of the Philippines (LandBank), he said, had committed to remit the remaining 31,992 to account holders this week.

Gatchalian, in turn, asserted the need to quickly “ build payout systems to guarantee the prompt and accurate cash transfers as well as accessibility to the government financial assistance.” Butch Fernandez

Angara backs K to 12 review to cure learning skills ‘crisis’

By Butch Fernandez

T

@butchfBM

O reap the demographic dividend from the Philippines’ young population, educational reforms that substantially improve their “skills and learning” are crucial if the country is to recover from the pandemic’s impact and post sustained growth and development, according to Sen. Juan Edgardo Angara.

Those reforms must include the review of the K to 12, to which the incoming president and vice president have indicated openness, Angara said, even as he confirmed that such review could be part of implementing the law creating the Education Commission-2 or

Edcom 2, a bill passed by the 18th Congress but awaiting President Duterte’s signature.

“Any K12 review can proceed alongside the proposed Edcom2, which Congress has passed,” Angara said in an SMS reply to the BusinessMirror, which asked him if he backs

Youngest Duterte son takes oath as new Davao City mayor

By Manuel T. Cayon @awimailbox Mindanao Bureau Chief

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AVAO CITY—Sebastian Z. Duterte, 34, sounded and talked almost like his father as he delivered his inaugural speech written in so “many page,” which he cited the way his father also did in his speeches: mainly to draw laughter and break the so-called monotony ice.

And the younger Duterte, nicknamed Baste, did it with flair as he elicited laughter from the audience outside the City Hall.

And like the father, Baste’s program of government looks almost like the father’s.

“To the security sector, its mandate is to make sure that the Dabawenyos can work and walk the city without fear,” he said.

He said improvement of agriculture, including research and innovation, would take priority in his administration.

His sister’s pet project of replacing the jeepneys with new and comfortable buses would be continued.

And like his father, he voiced out in the vernacular that he would like name-dropping practice to stop.

“I will tell you that everyone will treated fairly and equally,” he added.

President Rodrigo Duterte attended the inauguration held at the Sangguniang Panlungsod building.

Duterte’s estranged wife, Elizabeth Zimmerman, was also present seated beside daughter, Vice President-

Editor: Vittorio V. Vitug • Tuesday, June 28, 2022 A3

THE youngest among Duterte’s son, Sebastian, addresses residents shortly after he takes his oath on Monday. MANUEL T. CAYON

elect Sara Duterte.

Vice Mayor elect Jay Melchor Quitain Jr. said in his speech he would be

proposing in the City Council session to establish a President Rodrigo Roa Duterte Presidential Library.

calls for Duterte to sign the Edcom measure before he steps down on June 20.

Both the K to 12 review and Edcom-2, said Angara, “seek to reform Philippine basic education and it’s important when we reform K-12 we see it as a component part of the whole education system as well as the economy as a whole.”

Angara added: “We have a young population that is in need of skills and learning and despite the passage of UAQTEA or the free college law many still do not make it that far,” referring to the dismally low cohort survival rate for Filipino students who make it all the way to tertiary school from basic education levels.

“Which is why improving K12 is crucial for our young people,” Angara stressed.

President-elect Ferdinand “Bongbong” R. Marcos Jr. and Vice President-elect Sara Duterte, to whom he assigned the Education portfolio, earlier, both signaled intent to review

the K to 12 law.

Calls for the K to 12 review have mounted especially during the pandemic, when, according to most assessments, the lockdowns and limited classroom interactions have adversely affected learning and productivity. This so-called “learning crisis” has fueled fears among business leaders that the next generation of workers will be ill-equipped to take on the jobs that will be in demand or necessary as the whole moves into a post-pandemic era.

Angara, meanwhile, did not reply to a query from the BusinessMirror on whether he planned to press or ask President Duterte to sign the Edcom-2 bill which Congress passed, and is now pending at his desk, since Edcom’s tasks will include a review of K to 12 anyway.

Any enrolled bill from Congress, if unacted upon by the President, automatically lapses into law within 30 days after it is received by the President if he fails to act on it either by approving or vetoing it.

Davao City QR may soon be used as ATM for SCs, PWDs, indigents

D

AVAO CITY—The now ubiquitous QR—that’s your quick response pixelated black and white patterns constituting the personal identity code—would not be discarded here despite waning Covid-19 infections.

The city government would use QR in lieu of official government IDs for indigent and informal sector members to avail of various city social and economic packages.

It would be used in this manner in stages. This time the Safe Davao QR or SD QR, would be used as automated teller machine (ATM) card “that senior citizens [SC] can use to withdraw their entitled cash provisions from the city government.”

The Chief of the Office of the Senior Citizen Affairs (OSCA), Pastor Luis Moran said the initiative, a partnership with the City Information and Technology Center (CITC) and City Social Welfare Development Office (CSWDO), is now in the finishing stage.

“It is almost done, the supplier and the bank are now discussing legal matters to finalize our SDQR card,” Moran said.

While they are waiting for the printing of the cards, Moran said that they have been meeting senior citizen officers to brief them and ensure the smooth implementation of the program. “They need to know what to do first because they may find difficulty where to claim the card, who will release it, and the date of the release. We really need joint supervision for this purpose,” he said.

Moran said that the CSWDO would revalidate the list of senior citizens since cards of the same nature will also be released for Persons

with Disabilities (PWDs).

“The CSWDO is putting the process in order since there are two cards: for senior citizens and PWDs. There are also senior citizens who are PWDs and we are joining forces to ensure that smooth implementation,” Moran said.

He said the card would not simultaneously be released but senior citizens may still use their OSCA IDs to get their cash manually.

Senior Citizens who have not been validated by CSWDO do not need to take a picture or conduct registration for the SD QR. Moran said that among the cash provision that may be received through the SD QR is the annual cash incentive for senior citizens given by the city government and also the cash grant from the Department of Social Welfare and Development Office for senior citizens.

The 19th Council of Davao City approved on May 19 this year an amendment to Ordinance No. 0105-19, which mandates the annual granting of P1,500 financial incentives to senior citizens aged 65 years and older. The amendment or Ordinance No. 0954-22, to be known as The Amended Annual Financial Assistance to All Qualified Senior Citizens Ordinance of Davao City expands the pool of senior citizen beneficiaries to include citizens aged 60 to 64 years old .

Moran said that a total of 125,344 senior citizens 65 years old and above have been validated and eligible to receive the P1,500 cash each. A budget of P188 million has been set aside for the cash incentive to be released from November to December this year. Manuel T. Cayon

‘Understudy’ lawmakers take three-day executive course on legislation

By Jovee Marie N. Dela Cruz @joveemarie

T

HE House of Representatives on Monday started the 3-day Executive Course on Legislation for incoming lawmakers to help them fulfill their official duties in Congress.

A total of 24 out of 28 legislators from the first batch of incoming lawmakers attended the first day of the training program.

House Secretary General Mark Llandro Mendoza said the three-day training program held prior to a new Congress seeks to offer support to

both neophytes and returning members so that they can be acquainted with the ins and outs of the House of Representatives.

The House Office of the Secretary General in partnership with the University of the Philippines-National College of Public Administration and Governance (UP-NCPAG) Center organizes the Executive Course on Legislation for Policy and Executive Development (CPED).

Moreover, Mendoza assured the incoming lawmakers that the Secretariat, as well as the UP-NCPAG, would always be willing and ready to assist them as they fulfill their

duties in Congress.

He also encouraged participants to freely pose their queries, stressing that the course is specifically developed to help the congressmen.

For his part, UP-NCPAG Associate Professor and Dean Dan Saguil highlighted the importance of the legislative branch and its collaboration with other branches of government, as well as with the private sector, to achieve national development.

He said he is hopeful that the seminar would equip the legislators so they can work on measures aimed at alleviating the plights of the Filipinos.

Meanwhile, CPED Director Prof.

Simeon Ilago discussed the course overview, which consists of 13 parts, including mock committee hearings and a mock plenary session.

UP-NCPAG Associate Professor Dr. Enrico Basilio took over the first session on “Understanding Development Concepts, Indicators, and Approaches; Current Issues and Challenges in Philippine Development.”

Deputy Secretaries General from different House departments were also present for the opening ceremony.

Former MMDA general manager and now San Mateo, Rizal Rep. Jojo Garcia and Quezon City Rep. Arjo

Atayte said the Executive Course on Legislation is very helpful for neophyte lawmakers.

“I am now looking/studying several bills to address the problems we encountered in MMDA, like in clearing [operations] mayroong nag dedemanda, [jurisdiction] powers of LGUs, we are studying all the measures [for these problems],” he said.

For his part, Atayde said he is now looking into proposals making the Reserve Officers’ Training Corps or ROTC mandatory.

“To be honest, that is an interesting bill, there are pros and cons to it,

we have to look into it as well, we just started, as I said, recently, I’ve been visiting as an individual independently at different departments… and hopefully we will come up with the right decision for the majority or whatever it is the people want and more than what they want, what they need,” he said.

“Understudy din po [all the proposals], everything is under study right now and hopefully by July 1, we can give concrete answers for now, we are planning until then,” he said.

The new 19th Congress will start from July 25 2022 to June 4, 2025.

A4 Tuesday, June 28, 2022 • Editor: Vittorio V. Vitug

Economy BusinessMirror

www.businessmirror.com.ph

DA launches CFIDP to boost Philippine coconut industry

By Jasper Emmanuel Y. Arcalas @jearcalas

T

HE Department of Agriculture (DA) launched recently the coconut farmers and industry development plan (CFIDP) that would utilize the P11.25-billion coconut levy trust fund to boost farmers’

productivity and income.

Officials of the DA and the Philippine Coconut Authority (PCA) led by Agriculture Secretary William D. Dar launched the industry plan at the Quezon Convention Hall in Lucena City on Friday, June 24, 2022.

“CFIDP aims to increase the income and productivity of the 2.5 million coconut farm-

ers in the country; promote poverty alleviation, education, and social equity; and rehabilitate and modernize the Philippine coconut industry,” the DA said in a news statement issued on Monday.

In his keynote speech, Dar said Republic Act 11524 or the Coconut Famers Industry Fund Act is a “formidable” law that would “give new life

and new hope to coconut farmers” nationwide.

“There is no reason anymore for the country’s coconut industry to rise,” he said.

Dar has called for the release of funds to the implementing agencies of the CFIDP in accordance with RA 11524.

The CFIDP has various components and programs that include health and medical, crop insurance, scholarships, training and farm schools, organization of cooperatives and associations, hybridization operations, intercropping activities, dairy integration, and shared processing facilities, among others.

Dar said one of the goals of the CFIDP is to boost the country’s average coconut production to 150 nuts per tree per annum from the current 40 to 45 nuts per tree.

“Don’t forget that income is an equally important objective. That is why a good number of these [CFIDP] components, nariyan ang diversification of the coconut system. Using high-value crops, using livestock so that there is an array of agricultural enterprises as sources of income for our coconut farmers,” he said.

Interested farmer-beneficiaries of the CFIDP must be registered in the National

Coconut Farmers’ Registry System (NCFRS).

“Eligiblemembersinclude:farmownersand/ or owner-tillers, coconut growers who own not less than 0.5 hectares of land with at least 20 coconut trees; tenants or tenant-workers; and farmworkers or laborers,” the DA said.

President Duterte issued Executive Order 172 earlier this month that approved CFIDP that will serve as the overall utilization plan of the coco levy fund.

“There is a need to approve the coconut farmers and industry development plan to increase overall productivity and income of coconut farmers, alleviate poverty, and achieve the twin objectives of rehabilitating and modernizing the coconut industry to attain social equity,” EO 172 read.

The CFIDP was the result of a series of consultations conducted by the PCA with concerned government agencies, coconut farmers, farmers’ organizations, industry associations, civil society groups, academe and other stakeholders.

The Department of Budget and Management, Department of Finance, Department of Trade and Industry and the National Economic and Development Authority provided “advisory opinions” on the development of the CFIDP.

Digitalization is it, but how do we build key digital skills?

By Henry J. Schumacher

T

O help people be ready for the digital workplace of the future, leaders must help people develop digital skills that enable people to collaborate more effectively as work continues to be done in a hybrid model.

The goal is to help people become selfsufficient. What is needed is “democratizing expertise” to help people work smarter and provide more fulfillment at work.

To let the organization know what is possible with technology, companies will have to invest in proof of concepts and do demonstrations with the systems they already have in place.

Another action is to find people who can translate what technology can do in a language business people will understand. This requires finding people with drive and ambition, because getting everybody on board is going to be tricky.

In order to attract and retain the best talent in an inherently flexible labor market, the organization must have a compelling employee value proposition.

We must run a thread of digital connectivity through the goals of the individual, the team, and the organization, as this creates equal opportunity and visibility. We must create a workplace that is differentiated, supporting an equitable and distributed employee experience of the future.

Leaders must also help employees to

establish and strengthen the ties to a community that is relevant to their work and their personal lives. This requires supporting employees’ desire to become increasingly technical, while also providing empathetic, formal training to people who need to progress in their roles.

The most valuable player in the digital workplace of the future is going to be focused on the needs of the business, as well as the ability to deliver on two strategic imperatives: digital business transformation and the recruiting, retaining and reskilling of a work force during unprecedented talent conditions. Under these circumstances, organizations are going to need digital savviness and humancentered skills.

We have to recognize that they are at “a pivotal intersection for a leap of faith to the next change…. Remember, you must deliver for the employee and for the organization as a whole.”

Let’s bear in mind that the world has changed. So public and corporate leadership must change too. Major structural changes such as the Fourth Industrial Revolution and climate change are now disrupting all industries and power centers. Technologies like blockchain are replacing centralized and hierarchical organizations with decentralized, autonomous entities. At the same time, social, economic and digital inequalities are increasing.

But many executives are already thinking and acting like pioneers of a new governance era. These include business leaders who champion environmental, social and governance metrics , and some politicians who push boundaries. Above all, however, young people are demanding a better future.

We need leaders who are exploring largely uncharted territory, acting as trailblazers and championing concrete action to combat climate change and social injustice.

In the end, it all comes down to people and values, in the private sector and in government. We need to shape a future that works for all of us by putting people first and empowering them.

The focus on people will drive digital transformation as companies think through returns to the office and what a hybrid workplace will look like.

What are we supposed to be involved in these days? Digitalization and innovation? To get there, we are asking ourselves how we can improve planning, forecasting, budgeting, run simulations, run plans and analytics in a very visual and intuitive manner. What tools are available? Are we making those tools available to the private and government organization? And more importantly: are we training our important asset, our people, adequately?

Luckily, detailed training is available for companies, for industry sectors and subsectors, and for government offices.

Feedback is welcome; assistance can be made available; contact me at hjschumacher59@gmail.com

News BusinessMirror

www.businessmirror.com.ph

Fuel prices climb for 5th straight week

By Lenie Lectura

@llectura

P

UMP prices are on the rise once again this week.

The price of gasoline is going up by P0.50 per liter, diesel prices will increase by P1.65 per liter, and a P0.10 per liter hike in kerosene takes effect.

The price adjustment starts Tuesday morning for Shell, Petron, Caltex, Seaoil, PTT, Phoenix, Cleanfuel. Other oil firms are expected to implement the same price increase.

This is the fifth consecutive week of oil price increase for all petroleum products.

Last week, gasoline prices went up by P0.80 per liter, diesel by P3.1 per liter, and kerosene by P1.7 per liter. These resulted to the year-todate adjustments to stand at a net increase of P29.50/liter for gasoline, P44.25/liter for diesel and P39.65/ liter for kerosene.

Movements in the world oil market affect local pump prices. The upward price increase was supported by recovering demand in China on eased lockdowns and growing supply concerns over the European Union’s ban on Russian oil.

These movements in the world oil market affects local pump prices because the Philippines is importing more than 90 percent of its fuel requirements.

Moreover, the weakening of the peso against the US dollar also played a big role in determining fuel prices sold in the country.

On June 27, the local currency finished trading at P54.83 against the US dollar. The Department of Energy (DOE) explained that a weak peso is one of the factors that determine local pump prices. The DOE has been pushing for the unbundling of petrol prices. However, the implementation of the unbundling policy was stopped by the local courts.

‘Breathing room’

SEN. Panfilo Lacson is batting for a “breathing room for the public amid skyrocketing fuel prices.”

In a news statement issued on Monday, Lacson cited a looming conditional suspension of the excise tax on fuel, and the scrapping of several lines of exemption in value-added tax (VAT).

The senator suggested that “this is the two-pronged formula that can give Filipinos some badly needed breathing room” from the effects of prohibitive fuel prices.

“We can conditionally suspend excise taxes on fuel when oil prices reach a threshold price in the international market such as $90 or even $100 per barrel,” Lacson said, adding this could “provide some breathing space not just for the transport sector but those affected by high fuel prices.”

Interviewed over the weekend, the senator suggested that the government consider cutting the “lines of exemptions in the value-added tax as the Philippines is known to be the only country in Southeast Asia with more than 100 lines of VAT exemptions.”

“We could have earned at least P117 billion in additional tax revenues in 2018 alone, even with a reduced VAT rate from 12 percent to 10 percent, by removing 78 lines of exemption from some sectors such as the power sector, cooperatives, housing, and economic zones,” Lacson pointed out.

He rued that these VAT exemptions have been there for so long suggesting, “It is about time to review these lines of exemptions and reduce the number of exemptions.”

Lacson suggested “this would be better than proposals to give subsidies to poor and middle-income households—a measure that may strain the budget.”

At the same time, he noted that “a big chunk of the budget” already goes to social welfare programs like 4Ps as well as subsidies for agriculture, micro, small and medium enterprises.

“The budget may not be enough for these,” the senator added.

With Butch Fernandez

Tuesday, June 28, 2022 A5

Group urges BBM to push for creation of separate fisheries, aquaculture dept

By Jasper Emmanuel Y. Arcalas @jearcalas

F

ISHERIES industry players urged President-elect Ferdinand “Bongbong” R. Marcos Jr., who is also the incoming agriculture chief, to certify as urgent a bill that would form a separate department that would focus on developing the country’s fisheries and aquaculture industries.

Fisheries industry players led by advocacy group Tugon Kabuhayan emphasized on Monday the urgency of creating a Department of Fisheries and Aquatic Resources (DFAR) to further unlock the industry’s potential in terms of eco-

nomic contribution and ensuring the country’s food security.

The group said having DFAR would set the correct policy directions in developing the country’s fisheries industries as well as ensuring proper regulatory oversight of the whole value chain.

The group noted that the creation of DFAR will cost the government some P12 billion annual budgetary requirement but would result in robust increase in seafood production and better income for fish producers, thereby ensuring the country’s supply.

“We are united—from municipal fishers, commercial fishers, businesses, aquaculture and post-harvest businesses—in our call for the creation of

DFAR. Create DFAR and we will have seafood security,” Roberto Ballon, a convenor of the group and recipient of the Ramon Magsaysay Award, said in a news briefing on Monday.

“The industry has a huge potential. We are not given the proper attention. Until now there is no proper protocol in terms of permits. Improving the fishing industry would improve livelihoods in the rural areas,” said Norberto Chingcuanco of Feedmix Specialist Inc. said.

Numerous bills were filed in the previous Congress that sought the creation of DFAR or a similar agency but did not reach plenary in either houses of the legislative body.

“With the fifth largest coastline

in the world, we have a total of 233 million hectares of water resources, which is 7.7 times bigger than the country’s land area. We need to have a separate DFAR to manage it,” the group said.

Citing Philippine Statistics Authority (PSA) data, the group said fisheries production has improved in the past two decades to 4.4 million metric tons (MMT) in 2020 from 3.17 MMT in 2001. However, recent challenges have reversed the upward trend with the country’s fisheries output falling to 4.25 MMT in 2021, according to the group.

The group emphasized that fish remains as the top protein source of Filipinos at 34.27 kilograms per year

compared to meat at 21 kilograms and poultry at 11.2 kilograms.

“The fisheries industry provides livelihood and sustenance to 2.08 million registered fisherfolk and fish workers in the aquaculture, municipal, and commercial sub sectors. This does not include workers in fish processing plants, aquaculture feed mills, and other allied industries,” it added.

No less than the current leadership of the Department of Agriculture (DA) proposed that the incoming administration certify as urgent a bill creating the Department of Fishery and Oceans (DFO), a measure supported by the Coalition for Agriculture Modernization of the Philippines (CAMP).

Winner of barong design contest for BBM’s inauguration out soon

S

PECULATIONS on who would be the lucky designer who will dress incoming President Ferdinand “Bongbong” R. Marcos Jr. on his inauguration on Thursday would be answered soon as the ongoing barong-design contest will be decided within the next few hours.

Jay Herrera, Marcos Jr.’s official image specialist for the past eight years, announced this amid excitement and suspense on what the Presidentelect would wear for the momentous event.

“As of this moment, there is no official design yet for BBM. His sister, Irene [Marcos-Araneta] is holding a contest among designers to get the best design. But it will be decided [upon] in two to three days,” he said.

The contest also included the barongs that will be worn by his three sons. For LAM (Marcos’s wife Liza), a designer has been picked already.

Herrera said that Marcos had been wearing Jusi or shirt-jack barongs mostly designed by Avel Bacudio for his engagements in the past weeks preceding the May 9 elections.

Meanwhile, to maintain Marcos’s presentable appearance, the image specialist said he would be around to ensure this as the incoming President who has no vain bone in his body, tends to take his appearance for granted.

“Hindi siya vanidoso, hindi siya ganun ka-conscious sa kanyang appearance. Si sir, kung ano ang itsura niya pagkaligo niya, ok na sa kanya ’yun.

As is, where is. Kaya minsan may mga pictures siya na may part ng buhok niya na nakatikwas,” the designer added.

“Kaya yung mga ganun ang babantayan ko para ma-maintain ang dignified appearance niya.

Kailangan maayos siya tingnan lagi. I will also assist him in dressing,” he also disclosed.

While for the past eight years, Herrera had also been the incoming First Lady’s image spe-

Marcos Jr. admin urged to raise budget for S&T

By Rizal Raoul S. Reyes

T

@brownindio

HE incoming administration of Presidentelect Ferdinand “Bongbong” Marcos Jr. needs to ramp up public spending in science and technology (S&T) to raise domestic industries’ competitiveness.

In a policy document called “Governance Agenda for Building the Nation,” the University of the Philippines stressed the country has a lot of catching up to do with its investment in research and development (R&D), with a gross expenditure on R&D (GERD) to gross domestic product (GDP) ratio of 0.32 percent and 356 researchers per million population in 2018.

“The GERD to GDP ratio of the Philippines, which describes the growth of the country’s GERD vis-à-vis its corresponding GDP, is lower compared to other countries in the South East Asia region,” the document read.

UP Diliman College of Science Dean Giovanni Tapang blamed the low priority given to Science, Technology, Engineering and Mathematics (STEM) in the country’s basic education as a major factor to the relatively low enrollment in and graduates of science and engineering programs at Philippine universities.

In terms of the country’s science and technology community’s performance, the paper urged the government to raise its funding for university-industry collaboration in research and development projects.

It cited the Department of Science and Technology (DOST) programs in developing such partners. It also lamented the reduction of the budget for DOST to only P24.268 billion, which is lower by P919.8 million compared to its budget last year.

cialist, he had been given marching orders to concentrate on the incoming President for now.

“I suggested for LAM to get her glam team but it would still be up to her,” he added.

Herrera recalled how he started working for the Marcos family when BBM was still a senator.

“When he was still a senator, he had an interview with GMA so they searched for an artist and I was recommended. His staff suggested na gawin kong mukhang bagets si BBM so ginawa kong parang Korean ’yung buhok niya, wavy,” he narrated.

“Nung nakita niya, sabi niya, ‘What did you do to my hair?’ Kaya akala ko that would be my first and last time to work for him,” he recounted.

Much to the image specialist’s surprise, he was called again after a few weeks for another interview.

This time, he said, he asked Marcos first for his suggestion and was satisfied with the style

that Herrera did.

“Ginawa kong sleek ’yung buhok niya. Though at first, hindi pa siya sanay kaya pilit niyang binababa until sa naging comfortable na din siya with the style at naging trademark na niya,” he added.

“When I started working for him, noong una pag nakikita niya ako, nagre-react pa siya, until na-realize niya, after getting advices from his Mom and sisters, na kailangan presentable siya, lalo na sa mga TV interviews,” the image specialist also said.

“Ngayon, comfortable na siya sa‘kin at kabisado ko na rin pano ayusin ang buhok at

mukha niya. Metikuloso din siya when it comes to the time spent on his appearance kaya we have developed a good timeline. Alam ko nang basahin ang expression nang mukha niya pag medyo tumatagal ako sa pag-aayos ng buhok niya,” he added.

A6

BusinessMirror

Tuesday, June 28, 2022

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE

No.

3D ANALYZER INFORMATION TECHNOLOGIES INC. 7-8/f Double Dragon Plaza, 255 Edsa Cor. Macapagal Blvd., Barangay 76, Pasay City HY TRUYEN TRUNG Customer Service Representative - Mandarin Speaking 1.

Brief Job Description: Attracts potential customers by answering products and service questions; suggesting information about other products and services; maintains customer records by updating account information in mandarin format.

NGUYEN THI MAI ANH Customer Service Representative - Mandarin Speaking

2.

Brief Job Description: Attracts potential customers by answering products and service questions; suggesting information about other products and services; maintains customer records by updating account information in mandarin format.

TRAN ANH TU Customer Service Representative - Mandarin Speaking

3.

Brief Job Description: Attracts potential customers by answering products and service questions; suggesting information about other products and services; maintains customer records by updating account information in mandarin format.

TRAN BINH AN Customer Service Representative - Mandarin Speaking

4.

Brief Job Description: Attracts potential customers by answering products and service questions; suggesting information about other products and services; maintains customer records by updating account information in mandarin format.

TSAN MY KINH Customer Service Representative - Mandarin Speaking

5.

Brief Job Description: Attracts potential customers by answering products and service questions; suggesting information about other products and services; maintains customer records by updating account information in mandarin format.

Basic Qualification: Fluent in spoken & written mandarin and other dialect spoken in other parts of china.

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

Basic Qualification: Fluent in spoken & written mandarin and other dialect spoken in other parts of china.

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

Basic Qualification: Fluent in spoken & written mandarin and other dialect spoken in other parts of china.

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

Basic Qualification: Fluent in spoken & written mandarin and other dialect spoken in other parts of china.

6.

7.

8.

Brief Job Description: Manage large amount of calls

JUNICO WILLIM Bilingual Customer Service Manager Brief Job Description: Manage large amount of calls

LIAN JENSEN Bilingual Customer Service Manager Brief Job Description: Manage large amount of calls DIAN ALVIAN Indonesian-speaking Customer Service Officer

9.

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

JACKSON THERESIA Indonesian-speaking Customer Service Officer

10.

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

JHEVICA Indonesian-speaking Customer Service Officer

11.

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

JULIANTI Indonesian-speaking Customer Service Officer

12.

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

MARVIN KASIO Indonesian-speaking Customer Service Officer 13.

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

MAULANNA SEPTIA KEVIN Indonesian-speaking Customer Service Officer 14.

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

WILLIAM MARGO Indonesian-speaking Customer Service Officer 15.

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

16.

Basic Qualification: Excellent in reading, writing and speaking foreign language Salary Range: Php 60,000 - Php 89,999 Basic Qualification: Excellent in reading, writing and speaking foreign language Salary Range: Php 60,000 - Php 89,999 Basic Qualification: Excellent in reading, writing and speaking foreign language Salary Range: Php 60,000 - Php 89,999 Basic Qualification: Excellent in reading, writing and speaking in foreign language.

17.

18.

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

MOON, JEEHUN Customer Service Specialist 19.

20.

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

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

QUALIFICATION AND SALARY RANGE Basic Qualification: Excellent in reading, writing and speaking in foreign language.

Brief Job Description: Develop company’s software that is suitable for foreign employees

LU, BOXIN Customer Service Representative Mandarin Speaking 21.

Brief Job Description: Build sustainable relationship of trust through open and interactive communication mandarin speaking.

LUONG THI TAM Mandarin Customer Service Representative 22.

Brief Job Description: Interact with customer to provide information, support and problem resolution to inquiries and order status NONG THI QUYNH NHU Mandarin Customer Service Representative

23.

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

24.

Brief Job Description: Interact with customer to provide information, support and problem resolution to inquiries and order status

No.

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

32.

33.

34.

35.

36.

37.

39.

25.

Brief Job Description: Assist head chef and training staff with regards to Chinese menu ZHOU, HONGWEI Chinese Cuisine Specialist

26.

Brief Job Description: Assist head chef and training staff with regards to Chinese menu WANG, CHUNHUI Chinese Menu Development Specialist

27.

Brief Job Description: Develop recipes and portion specification as required in conjunction w/ the Chinese customer

Basic Qualification: Expert in menu planning

40.

41.

28.

Brief Job Description: Communicates effectively via email and/or telephone in both Thai and English language, with our customer base - buyers, merchants and internal customers.

Basic Qualification: Expert in writing, reading and speaking in Chinese

29.

Basic Qualification: Proficiency in Thai language Salary Range: Php 30,000 - Php 59,999

30.

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

LY NHIT LIN Vietnamese Customer Service Representative

31.

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

Brief Job Description: Accomplish in diagnosing and resolving biomedical equipment malfunctions. Experience decision-maker in high environment. Receive special training in microwave communication maintain the control.

System and performance preventive maintenance, supervise utilization and maintenance of the equipment. Complete preventive maintenance and repairs

45.

CHEN, CHENG-WEI It Support Specialist (mandarin Speaking) Brief Job Description: IT support for mandarin speaking client CHENG, NAN-TE It Support Specialist (mandarin Speaking) Brief Job Description: IT support for mandarin speaking client HSIAO, HSIANG-YUN It Support Specialist (mandarin Speaking) Brief Job Description: IT support for mandarin speaking client JHAN, JHIH-YU It Support Specialist (mandarin Speaking) Brief Job Description: IT support for mandarin speaking client LIN, JIN-YI It Support Specialist (mandarin Speaking) Brief Job Description: IT support for mandarin speaking client WU, SZU YING It Support Specialist (mandarin Speaking) Brief Job Description: IT support for mandarin speaking client

Basic Qualification: Proficient in Thai Language

46.

Brief Job Description: Delivers day to day operational marketing activities to the Thai-speaking markets

Salary Range: Php 30,000 - Php 59,999 PIASUWAN, PITCHAYA Thai Speaking Marketing Officer

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: To engage in the business of construction contracting foundation Salary Range: Php 90,000 - Php 149,999

Basic Qualification: With knowledge in computer application Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With knowledge in computer application Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With knowledge in computer application Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With knowledge in computer application Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With knowledge in computer application Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With knowledge in computer application Salary Range: Php 30,000 - Php 59,999

BOWENHILLS TECH INC. 16/f Bdo Towers Valero, 8741 Paseo De Roxas Ave., Bel-air, City Of Makati KHOKSANTHIA, SUTHIRA Thai Speaking Marketing Officer

ANOC99 CORPORATION 5/f To 10/f Ayala Malls Manila Bay Building D., Macapagal Blvd. Cor. Aseana Street, Tambo, City Of Parañaque LE THI YEN NHI Vietnamese Customer Service Representative

44.

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

SOOKPAIBOON, PIMJAI Seller Onboarding Associate Brief Job Description: Communicates effectively via live video call with our customer base – third party sellers who want to sell on Amazon in its various marketplaces; Reviews the seller’s identity details (information & documents) over a live video calls; Verifies ownership of the documents submitted by sellers

43.

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

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

42.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Expert in menu planning

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

BOTA ENTERTAINMENT CONSULTANCY SERVICES INC. Chuan Hong Tower Unit 602, 434 M. De Santos St., 025, Barangay 270, San Nicolas, City Of Manila

AMAZING HOUSE, INC. G/f Oceanaire Residences, Cbpi, Sunrise Drive, Barangay 76, Pasay City ZHENG, XIN Chinese Cuisine Specialist

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

ZAHRA, BIBI SANA Dwall Equipment Specialist

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

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

QUALIFICATION AND SALARY RANGE

BAUER FOUNDATIONS PHILIPPINES, INC. Unit A To K 12/f Cyberone Bldg., 11 Eastwood Ave., Eastwood City Cyberpark, Bagumbayan, Quezon City

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

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

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

PHAM VAN BACH Vietnamese Customer Service Representative

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

Basic Qualification: Fluent in Mandarin both oral and written

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

NHIN VAY HUONG Vietnamese Customer Service Representative

38.

Basic Qualification: Fluent in Mandarin both oral and written

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

NGUYEN THI THU Vietnamese Customer Service Representative

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

Basic Qualification: Knows how to recommend potential products or services to management by collecting customer information and analyzing customer needs.

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

NGUYEN THI QUYNH Vietnamese Customer Service Representative

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Any nationality who can speak and write Korean fluently

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

NGUYEN THI MAI ANH Vietnamese Customer Service Representative

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

Basic Qualification: Any nationality who can speak and write Korean fluently

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

NGO QUANG DONG Vietnamese Customer Service Representative

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

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION LY THI HUONG Vietnamese Customer Service Representative

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

8 STONE BUSINESS OUTSOURCING OPC 5-10/f Tower 1, Pitx Kennedy Road, Tambo, City Of Parañaque

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

Brief Job Description: Develop company’s software that is suitable for foreign employees GEUM, JAESEONG It Professional

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

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

ESTABLISHMENT / ADDRESS

777 KORPHIL HOLDINGS CORP. Unit 2604, 26th Floor Ibp Tower, Julia Vargas Ave. Cor. Jade Drive, Ortigas Center, San Antonio, City Of Pasig

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

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

YENTI Indonesian-speaking Customer Service Officer

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

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

WISNU DHARMA Indonesian-speaking Customer Service Officer

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

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

WILLY GONNERY Indonesian-speaking Customer Service Officer

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

Basic Qualification: Fluent in spoken & written mandarin and other dialect spoken in other parts of china.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

www.businessmirror.com.ph

47.

Brief Job Description: Delivers day to day operational marketing activities to the Thai-speaking markets

Basic Qualification: Strong English and mandarin communication skills (both oral and written) Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Strong English and mandarin communication skills (both oral and written) Salary Range: Php 30,000 - Php 59,999

CEBGO, INC. Cebu Pacific Bldg., Domestic Rd., Barangay 191, Pasay City

48.

LEE, JUYOUNG Pilot

Basic Qualification: Licensed pilot

Brief Job Description: Operates an ATR aircraft for commercial flight

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

CHINA HARBOUR ENGINEERING COMPANY 5/f Section E Ramon Magsaysay Center, 1680 Roxas Blvd., 076, Barangay 699, Malate, City Of Manila

BusinessMirror

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

LIU, XINGQUAN Mandarin Deputy Project Supervisor 49.

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

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Proven experience as mandarin deputy project supervisor, familiarity, knowledge and awareness on machinery and heavy equipment use by company. Demonstrable experience in developing strategic business plan.

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

GAN, NANWEI Mandarin Mechanical Project Specialist 50.

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

Basic Qualification: Proven experience as mandarin mechanical project specialist, familiarity, knowledge and awareness on machinery and heavy equipment use by company. Demonstrable experience in developing strategic business plan.

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

LI, SHILONG Mandarin Project Controls Analyst 51.

Brief Job Description: The mandarin project controls analyst will be a strategist and a leader able to steer the company to the most profitable direction while also implementing its vision, mission and long term goals.

Basic Qualification: Proven experience as mandarin project controls analyst, familiarity, knowledge and awareness on machinery and heavy equipment use by company. Demonstrable experience in developing strategic business plan.

No.

LIN, HENG-JHIH Business Development Chinese Speaking 61.

LOW CHIEN FOOK Bi-lingual Speaking Data Analyst Executive 52.

Brief Job Description: Interprets data, analyzes results using statistical techniques and provides ongoing reports.

Basic Qualification: Fluent and proficient in writing and speaking at least 2 of the ff languages: English, mandarin, Cantonese, Thai, Bahasa Malaysia, Bahasa Indonesia, Korean, Spanish and Portuguese.

Brief Job Description: Assist in collaborating with management on sales goals, planning, and forecasting maintaining short and long term business development.

BOWONTANAPAT, NATTHA Customer Service Thai Speaking

62.

Brief Job Description: Employee shall perform the duties such as reports on a daily operations of call center activities.

RONGHANAM, PHAKARAT Customer Service Thai Speaking

63.

Brief Job Description: Employee shall perform the duties such as reports on a daily operations of call center activities.

UN-OP, PATIPAN Customer Service Thai Speaking

64.

Brief Job Description: Employee shall perform the duties such as reports on a daily operations of call center activities.

NGUYEN DUC TRUNG Customer Service Vietnamese Speaking

65.

Salary Range: Php 30,000 - Php 59,999 CHROMELAB TECHNOLOGIES INC. 25/f Techzone Bldg., 213 Sen. Gil Puyat Ave., San Antonio, City Of Makati

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

Brief Job Description: Employee shall perform the duties and responsibilities.

TRUONG HUU HOANG Customer Service Vietnamese Speaking

66.

Brief Job Description: Employee shall perform the duties such as reports on a daily operations of call center activities.

VU TIEN AN Customer Service Vietnamese Speaking

67.

Brief Job Description: Employee shall perform the duties such as reports on a daily operations of call center activities.

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

TAN JUN HONG Bi-lingual Speaking Data Analyst Officer 53.

Brief Job Description: Interprets data, analyzes results using statistical techniques and provides ongoing reports.

Basic Qualification: Fluent and proficient in writing and speaking at least 2 of the ff languages: English, mandarin, Cantonese, Thai, Bahasa Malaysia, Bahasa Indonesia, Korean, Spanish and Portuguese.

ANGEL NATALIA Learning & Development Indonesian Speaking 68.

TOH CHEE YUAN General Manager 54.

Brief Job Description: Participate In Formulating And Administering Company Policies

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

NGO NGAN TRANG Marketing Executive Vietnamese Speaking 69.

LAKRA, VIVEK Account Manager 55.

Brief Job Description: To develop long-term relationship with clients especially those Indian companies and ensure the timely and successful delivery of solutions according to the needs of client/s.

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

LIU, HSIAO-MEI Chinese Customer Service Representative 70.

56.

Brief Job Description: Design & implement business strategies, strengthen standard operating procedures and plans for the company, aimed towards its profitable growth and operation

Basic Qualification: Post-grad in Finance, Business Management or Related Field, Min 10 Yrs’ Experience in Collections at a Financial Institution or 3rd Party Collection Company

71.

WEN, XIN Chinese Speaking Program Designer 57.

Brief Job Description: Assist/help customers, give customers information about product and services.

Basic Qualification: With at least 6 months customer service experience/good in oral communication and written.

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

FIBERHOME PHILS., INC. U-19d 19/f Rufino Pacific Tower, 6784 Ayala Ave. Cor. V.a. Rufino St., San Lorenzo, City Of Makati JIN, XIAOQIANG Account Manager 58.

Brief Job Description: The account manager will be a strategist and a leader able to steer the company to the most profitable direction while also implementing its vision, mission and long term goals DIAO, LIZHEN Project Manager

59.

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

Basic Qualification: Proven Experience as Account Manager, Excellent Communication, Interpersonal and Presentation Skills

Brief Job Description: Maintains financial account; Recommend potential products and services; Attracts potential to a customers TRAN NGOC MAN Vietnamese Customer Service Representative

72.

Brief Job Description: Maintains financial account; recommend potential products and services; attracts potential to a customers

SERENA LAM HUI WERN Chinese Speaking Business Financial Officer 73.

Brief Job Description: Assist/help customers, give customers information about product and services.

MAGO, KOSHI Sales & Marketing Manager 74.

Brief Job Description: Support the Assistant General Manager Sales and Operations for sales and marketing strategies to achieve sales goal

HSU, YA-CHU Chinese Speaking Program Designer 75.

60.

Brief Job Description: Assist in the implementation process improvement initiatives in terms of business analysis perspective.

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

78.

Basic Qualification: 21 years old and above with customer service experience.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: 21 years old and above with customer service experience.

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

79.

Brief Job Description: Assist/help customers, give customers information about product and services.

CHANG WAI KI Customer Support Specialist 80.

Basic Qualification: 21 years old and above with customer service experience.

Brief Job Description: To work with a variety of customers and use your expert relationship-building skills to provide worldclass service.

Basic Qualification: 21 years old and above with customer service experience.

CHAU MY KIM Customer Support Specialist 81.

Basic Qualification: 21 years old and above with customer service experience.

Brief Job Description: To work with a variety of customers and use your expert relationship-building skills to provide worldclass service.

CHUNG KHAM LUC Customer Support Specialist 82.

Brief Job Description: To work with a variety of customers and use your expert relationship-building skills to provide worldclass service.

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

DAO VAN TINH Customer Support Specialist 83.

Basic Qualification: -at least 19 yrs. old -ability to speak, write and communicate in Thai

Brief Job Description: To work with a variety of customers and use your expert relationship-building skills to provide worldclass service.

Basic Qualification: At least 19 Yrs. Old; Ability to Speak, Write and Communicate in Vietnamese

LEON CHIN VUI HIUNG Customer Support Specialist 84.

Basic Qualification: -at least 19 yrs. old -ability to speak, write and communicate in Thai

Brief Job Description: To work with a variety of customers and use your expert relationship-building skills to provide worldclass service.

NONG THI LAI Customer Support Specialist 85.

Brief Job Description: To work with a variety of customers and use your expert relationship-building skills to provide worldclass service.

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

Brief Job Description: Assist/help customers, give customers information about product and services.

PHAN THI THANH THUY Customer Support Specialist 86.

LUO, HUI-CHENG Chinese Speaking Program Designer 76.

Brief Job Description: Assist/Help customers, give customers information about product and services

NIE, WENKAI Chinese Speaking Program Designer 77.

Brief Job Description: Assist/Help customers, give customers information about product and services

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With At least 6 Months Customer Service Experience/Good in Oral Communication and Written Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Superior customer service skills, Nice to have experience working with online gaming/offshore gaming industry or less experience but a good attitude and motivation to learn, Excellent communication skills in Chinese, both spoken and written.

Basic Qualification: Superior customer service skills, Nice to have experience working with online gaming/offshore gaming industry or less experience but a good attitude and motivation to learn, Excellent communication skills in Chinese, both spoken and written.

Basic Qualification: Superior customer service skills, Nice to have experience working with online gaming/offshore gaming industry or less experience but a good attitude and motivation to learn, Excellent communication skills in Chinese, both spoken and written.

Basic Qualification: Superior customer service skills, Nice to have experience working with online gaming/offshore gaming industry or less experience but a good attitude and motivation to learn, Excellent communication skills in Chinese, both spoken and written.

Brief Job Description: To work with a variety of customers and use your expert relationship-building skills to provide world-class service.

Basic Qualification: Superior customer service skills, Nice to have experience working with online gaming/offshore gaming industry or less experience but a good attitude and motivation to learn, Excellent communication skills in Chinese, both spoken and written.

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

JACCS FINANCE PHILIPPINES CORPORATION U-3806-3810, 38th Floor, Robinsons Equitable Tower, Adb Ave. Corner Poveda St., San Antonio, City Of Pasig

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With At least 6 Months Customer Service Experience/Good in Oral Communication and Written

Basic Qualification: Superior customer service skills, Nice to have experience working with online gaming/offshore gaming industry or less experience but a good attitude and motivation to learn, Excellent communication skills in Chinese, both spoken and written.

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

Basic Qualification: Excellent communication skills both written and verbal

Basic Qualification: With at least 6 months customer service experience/good in oral communication and written.

Basic Qualification: Superior customer service skills, Nice to have experience working with online gaming/offshore gaming industry or less experience but a good attitude and motivation to learn, Excellent communication skills in Chinese, both spoken and written.

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

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

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

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

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

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

Basic Qualification: With at least 6 months customer service experience/good in oral communication and written.

Basic Qualification: With at least 6 months customer service experience/good in oral communication and written.

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

Basic Qualification: 21 years old and above with marketing executive experience.

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

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

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

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Bachelor’s degree preferably in an educationrelated field with strong previous skills in the training administration and strong knowledge of training purposes and procedure.

Basic Qualification: With At least 6 Months Customer Service Experience/Good in Oral Communication and Written

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

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

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

QUALIFICATION AND SALARY RANGE

ITECHNO SPECIALIST INC. 10/f Aseana I Bldg., Bradco Avenue Aseana Business Park, Tambo, City Of Parañaque

Basic Qualification: 21 years old and above with customer service experience.

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

Brief Job Description: Assist/Help customers, give customers information about product and services

TAN JIAN CHEE Chinese Speaking Program Designer

YAMAZAKI, KAZUAKI Chairman, President & CEO 87.

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

Basic Qualification: 21 years old and above with business analyst experience.

PHAN THI THU Chinese Speaking Program Designer

INFOVINE INC. 9/f Y Tower, Moa Complex, Coral Way Drive Cor. Macapagal, Barangay 76, Pasay City

GAMMA INTERACTIVE INC. 21/f Alphaland Makati Place, 7232 Ayala Ave. Cor. Malugay St., Bel-air, City Of Makati YENNY AGUSTINA TONDANG Business Analyst Indonesian Speaking

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

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

HANKYU HANSHIN EXPRESS PHILIPPINES, INC. Amvel, Business Park, San Dionisio, City Of Parañaque

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proven Experience as Project Manager, Excellent Communication, Interpersonal and Presentation Skills

Basic Qualification: 21 years old and above with business development experience.

No.

GRAND PREMIUM CREST HOLDING INC. 16/f Tower 6789, 6789 Ayala Ave., Bel-air, City Of Makati

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

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

Brief Job Description: Maintains financial account; recommend potential products and services; attracts potential to a customers NGU THUY CHAU Vietnamese Customer Service Representative

COLLECTIUS CMS (P) INC. 28/f Tower 2 The Enterprise Center, Ayala Ave. Cor. Paseo De Roxas, San Lorenzo, City Of Makati MINA, ALEXANDRU-MIHAI Country Managing Director

QUALIFICATION AND SALARY RANGE

GAO SHOU TECHNOLOGY MANAGEMENT, INC. 52/f Pbcom Tower, 6795 Ayala Ave. Cor. V.a. Rufino St., Bel-air, City Of Makati

COLLABERA TECHNOLOGIES PRIVATE LIMITED, INC. U-40 A-d, 40/f Rufino Pacific Tower, 6784 Ayala Ave., San Lorenzo, City Of Makati Basic Qualification: Must be fluent in English and can understand Indian language; must have at least college degree or above; must have at least 6 months of experience in the field of it/recruitment/ staffing industry with Indian clients.

Brief Job Description: Manages the execution of different strategies for a company and developing efficient and intuitive marketing strategies.

A7

ESTABLISHMENT / ADDRESS

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

Salary Range: Php 60,000 - Php 89,999 Basic Qualification: Fluent And Proficient In Writing And Speaking At Least 2 Of The Ff Languages: English, Mandarin, Cantonese, Thai, Bahasa Malaysia, Bahasa Indonesia, Korean, Spanish And Portuguese

Brief Job Description: Identifying and implementing training methods and criteria.

Tuesday, June 28, 2022

Brief Job Description: To Plan, Organize, Direct, Coordinate and Manage the overall operations of the company.

Basic Qualification: College Graduate, Good in Oral and Written Communication, Fluent in Japanese and English Language Salary Range: Php 150,000 - Php 499,999

JAN DE NUL (PHILS.), INC. 302 3rd/f Aseana Power Station Macapagal Blvd., Cor. Bradco Ave. Aseana City, Tambo, City Of Parañaque

DE JONCKHEERE, ANTOON JAN K. Project Researcher 88.

Brief Job Description: Independently performing research in the field of soil investigation.

Basic Qualification: Minimum 3 years of working experience on international dredging projects. Fluent in English and additional points for Dutch and French.

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

JIU ZHOU TECHNOLOGIES INTERNATIONAL, INC. 31/f Tower 6789, 6789 Ayala Avenue, San Lorenzo, City Of Makati

BusinessMirror

Tuesday, June 28, 2022

A6 A8

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION LI, CHIA-JU Chinese Customer Service Representative

89.

Brief Job Description: Provide daily support of various computer systems including answering questions, analyzing problems, and quickly forming solutions to return systems to proper operation.

ZENG, YA-SHI Chinese Customer Service Representative 90.

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

LIN, MING-YEN Chinese Technical Support Representative 91.

Brief Job Description: Provide daily support of various computer systems including answering questions, analyzing problems, and quickly forming solutions to return systems to proper operation.

BUI NHU THUY Vietnamese Customer Service Representative 92.

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

DANG VAN LOC Vietnamese Customer Service Representative 93.

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

DAO DUY ANH Vietnamese Customer Service Representative 94.

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

LE VIET PHUONG Vietnamese Customer Service Representative 95.

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

NGUYEN BA PHUC Vietnamese Customer Service Representative 96.

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

PHAN THI LE VAN Vietnamese Customer Service Representative 97.

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

QUACH CHANH CONG Vietnamese Customer Service Representative 98.

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

TRAN DINH TU Vietnamese Customer Service Representative 99.

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

TRAN VAN KHANG Vietnamese Customer Service Representative 100.

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

VU THI THANH THUY Vietnamese Customer Service Representative 101.

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

VU THI THUONG Vietnamese Customer Service Representative 102.

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

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: - Atleast 19y/old - Ability to speak write and communicate in Chinese mandarin

No.

BRICK, DVIR Multilingual-product Development Specialist 103.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in speaking, reading and writing in English and their respective native language for the position applied for. Fluent to Chinese Mandarin is an advantage Salary Range: Php 30,000 - Php 59,999 Basic Qualification: - Atleast 19y/old - Ability to speak write and communicate in Chinese mandarin

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

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

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

QI, MEIMEI Chinese Speaking Business Consultant 104.

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

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

105.

Brief Job Description: Assist customers with their issues keeping close communication with co-workers

CHANG, YINGYU Chinese Speaking Customer Service Staff 106.

Brief Job Description: Provide outstanding and exceptional customer service CHEN, QINGQIANG Chinese Speaking Customer Service Staff

107.

Brief Job Description: Provide outstanding and exceptional customer service HE, SIDA Chinese Speaking Customer Service Staff

108.

Brief Job Description: Provide outstanding and exceptional customer service LI, YANG Chinese Speaking Customer Service Staff

109.

Brief Job Description: Provide outstanding and exceptional customer service MA, YIXIN Chinese Speaking Customer Service Staff

110.

Brief Job Description: Provide outstanding and exceptional customer service QI, LIYANG Chinese Speaking Customer Service Staff

111.

Brief Job Description: Provide outstanding and exceptional customer service WANG, SHUAIJIE Chinese Speaking Customer Service Staff

112.

Brief Job Description: Provide outstanding and exceptional customer service XIAO, CHUAN Chinese Speaking Customer Service Staff

113.

Brief Job Description: Provide outstanding and exceptional customer service YANG, LONGLONG Chinese Speaking Customer Service Staff

114.

Brief Job Description: Provide outstanding and exceptional customer service

FRYDRYCHOWICZ, GRZEGORZ WLADYSLAW Chief Technology Officer 115.

Brief Job Description: Overall management of technical activities, vision and roadmap of the company

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

JP & L BEAUTY PRODUCTS INC. 22 The Trade And Financial Tower, 7th Ave. Cor. 32nd St., Fort Bonifacio, City Of Taguig

119.

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

121.

122.

123.

124.

125.

126.

127.

128.

129.

130.

MELCO RESORTS LEISURE (PHP) CORPORATION City Of Dreams Manila, Aseana Ave. Cor. Roxas Blvd., Tambo, City Of Parañaque

CHEAH LYE WOON Senior Host, Global Marketing 116.

Brief Job Description: Identify, develop, and/or acquire new business and potential players.

Basic Qualification: Tertiary education, preferably a degree holder in business administration or marketing field, at least 1 yr experience in sales or customer service, preferably in gaming marketing.

131.

OH, HEE SOO Senior Host, Global Marketing 117.

Brief Job Description: Identify, develop, and/or acquire new business and potential players.

132.

TAN KANG PENG Senior Host, Global Marketing 118.

Brief Job Description: Identify, develop, and/or acquire new business and potential players

133.

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

134.

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

135.

Brief Job Description: Managing incoming calls and customer service inquires XU, PENGFEI Chinese Customer Service Representative

136.

Brief Job Description: Managing incoming calls and customer service inquires YANG, YONGLIANG Chinese Customer Service Representative

137.

Brief Job Description: Managing incoming calls and customer service inquires YU, LONG Chinese Customer Service Representative

138.

Brief Job Description: Managing incoming calls and customer service inquires ZHENG, WUJIN Chinese Customer Service Representative

139.

Brief Job Description: Managing incoming calls and customer service inquires ANDHIKA JUNIAR Indonesian Customer Service Representative

140.

Brief Job Description: Managing incoming calls and customer service inquiries BUDIMAN Indonesian Customer Service Representative

141.

Salary Range: Php 90,000 - Php 149,999 MOA CLOUDZONE CORP. 4th-11th Flr. Nexgen Tower, C4 Rd. Edsa Ext., Barangay 76, Pasay City

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

Salary Range: Php 500,000 and above Basic Qualification: Tertiary education, preferably a degree holder in business administration or marketing field, at least 1 yr experience in sales or customer service, preferably in gaming marketing

Brief Job Description: Managing incoming calls and customer service inquires TAN, ZEMING Chinese Customer Service Representative

Salary Range: Php 500,000 and above Basic Qualification: Tertiary education, preferably a degree holder in business administration or marketing field, at least 1 yr experience in sales or customer service, preferably in gaming marketing.

Brief Job Description: Managing incoming calls and customer service inquires TAN, XIAO Chinese Customer Service Representative

Basic Qualification: Can Speak Chinese/ Mandarin Fluently

Basic Qualification: Min. Of 10yrs exp, incl of 5yrs management, experience in growing team 5 to 30 person team.

Above average domain knowledge in data science, data analytics and data engr practices

Brief Job Description: Managing incoming calls and customer service inquires PAN, HONGLIANG Chinese Customer Service Representative

Basic Qualification: Can Speak Chinese/ Mandarin Fluently

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

Brief Job Description: Managing incoming calls and customer service inquires LING, HONGHUI Chinese Customer Service Representative

Basic Qualification: Can Speak Chinese/ Mandarin Fluently

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

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

LIANG, FUSHENG Chinese Customer Service Representative

Basic Qualification: Can Speak Chinese/ Mandarin Fluently

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

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

LI, RONG Chinese Customer Service Representative

Basic Qualification: Can Speak Chinese/ Mandarin Fluently

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

Brief Job Description: Managing incoming calls and customer service inquires HONG, FEI Chinese Customer Service Representative

Basic Qualification: Can Speak Chinese/ Mandarin Fluently

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

Brief Job Description: Managing incoming calls and customer service inquires GUAN, XIN Chinese Customer Service Representative

Basic Qualification: Can Speak Chinese/ Mandarin Fluently

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

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

CHEN, XIN Chinese Customer Service Representative

Basic Qualification: Can Speak Chinese/ Mandarin Fluently

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

Brief Job Description: Managing incoming calls and customer service inquires TI TI TAR MYINT OO Burmese Customer Service Representative

Basic Qualification: Can Speak Chinese/ Mandarin Fluently

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

Brief Job Description: Managing incoming calls and customer service inquiries SAI WIN KO Burmese Customer Service Representative

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

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

Brief Job Description: Managing incoming calls and customer service inquiries KHIN WIN HTWE Burmese Customer Service Representative

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

Basic Qualification: Keep Close Communication With Colleagues Locally and Overseas to Ensure Prompt Handling of Exemptions or Concerns

Brief Job Description: Managing incoming calls and customer service inquiries KHANT ZIN THAW Burmese Customer Service Representative

120.

Basic Qualification: With Atleast 6 Months Customer Service Experience/Good In Oral Communication And Written

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION HTET AUNG KYAW Burmese Customer Service Representative

Salary Range: Php 500,000 and above

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

No.

MCLINICA HEALTH SOLUTIONS INC. 3f C2 Bldg. 7th Ave. Bonifacio, High Street Central Bgc, Fort Bonifacio, City Of Taguig

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

Basic Qualification: Proficiency in English, Hebrew, Malay and MonKhmer language.

MARKETROLE ASIA PACIFIC SERVICES, INC. 26/f, 27/f, 28/f The Enterprise Center Tower 1, 6766 Ayala Ave. Cor. Paseo De Roxas, San Lorenzo, City Of Makati

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

Brief Job Description: Assist/Help Customers, Give Customers Information About Product And Services

DOS SANTOS MARINS, JIMMY ALFREDO Process Expert

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

QUALIFICATION AND SALARY RANGE

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

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

Brief Job Description: Responsible for producing information, transcribing, formatting, inputting, editing, retrieving and transmitting text data and graphics from English to other language such as Hebrew, Malay and MonKhmer

ESTABLISHMENT / ADDRESS

MACRO EXCEL CONSULTANCY INC. 37/f Lkg Tower, 6801 Ayala Ave., Bel-air, City Of Makati

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

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

www.businessmirror.com.ph

Brief Job Description: Managing incoming calls and customer service inquiries JEFRY PRATAMA Indonesian Customer Service Representative

142.

Brief Job Description: Managing incoming calls and customer service inquires

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

BusinessMirror

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION JONI YANTO Indonesian Customer Service Representative

143.

Brief Job Description: Managing incoming calls and customer service inquiries VIDELIS MEGAN NETADREA Indonesian Customer Service Representative

144.

Brief Job Description: Managing incoming calls and customer service inquires VINCENT MAKMUR Indonesian Customer Service Representative

145.

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

LAM CHUN MIN Malaysian Customer Service Representative

146.

Brief Job Description: Managing incoming calls and customer service inquires LEE JIONG EE Malaysian Customer Service Representative

147.

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

THIEN PIEK FONG Malaysian Customer Service Representative

148.

Brief Job Description: Managing incoming calls and customer service inquires BE THI MOI Vietnamese Customer Service Representative

149.

Brief Job Description: Managing incoming calls and customer service inquiries CHU THI MINH Vietnamese Customer Service Representative

150.

Brief Job Description: Managing incoming calls and customer service inquiries LA QUY DUNG Vietnamese Customer Service Representative

151.

Brief Job Description: Managing incoming calls and customer service inquiries LA VAN HOANG Vietnamese Customer Service Representative

152.

Brief Job Description: Managing incoming calls and customer service inquiries LE SY NHAT KY Vietnamese Customer Service Representative

153.

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

LE THI LAN Vietnamese Customer Service Representative

154.

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

LUONG CONG HO Vietnamese Customer Service Representative

155.

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

NGUYEN THI HAI YEN Vietnamese Customer Service Representative

156.

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

NGUYEN THI HUONG Vietnamese Customer Service Representative

157.

Brief Job Description: Managing incoming calls and customer service inquires PHAM THI BAO YEN Vietnamese Customer Service Representative

158.

Brief Job Description: Managing incoming calls and customer service inquires PHAM VAN THANH Vietnamese Customer Service Representative

159.

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

THIEU DANG NHO Vietnamese Customer Service Representative

160.

Brief Job Description: Managing incoming calls and customer service inquires THONG NHOC LAN Vietnamese Customer Service Representative

161.

Brief Job Description: Managing incoming calls and customer service inquires TRAN DU LY Vietnamese Customer Service Representative

162.

Brief Job Description: Managing incoming calls and customer service inquires TRAN DUC HANH Vietnamese Customer Service Representative

163.

Brief Job Description: Managing incoming calls and customer service inquires TRAN THI LOAN Vietnamese Customer Service Representative

164.

Brief Job Description: Managing incoming calls and customer service inquires TRAN TRUNG DAT Vietnamese Customer Service Representative

165.

Brief Job Description: Managing incoming calls and customer service inquires TRAN VAN TIEN Vietnamese Customer Service Representative

166.

Brief Job Description: Managing incoming calls and customer service inquires

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Able to Speak, Read, and Write Chinese language

No.

VI THI LOAN Vietnamese Customer Service Representative 167.

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

168.

I GEDE DONI INDRAWAN Indonesian Customer Service Representative 169.

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

170.

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

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

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

PATRIANUS ANGGUR Indonesian Customer Service Representative

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

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

Brief Job Description: Managing incoming calls and customer service inquires

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

AMIK HESDIYANTO Indonesian-marketing Officer 171.

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

172.

Brief Job Description: Assist/help customers, give customer information about product and services

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

SHAN, JIANBO Chinese Speaking Business Development Associate 173.

Brief Job Description: Assist/help customers, give customer information about product and services

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

SU, QIULIAN Chinese Speaking Business Development Associate 174.

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

175.

Brief Job Description: Assist/help customers, give customer information about product and services

176.

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

Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999

177.

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.

178.

QU, MEIJI Chinese Customer Service Brief Job Description: Customer support and data base services

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

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

179.

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

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

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

180.

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

CHOW KENDY Indonesian Customer Service Brief Job Description: Customer support and data base services

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

181.

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

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

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

182.

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

LAWRENCE LIM Indonesian Customer Service Brief Job Description: Customer support and data base services

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

No.

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

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

184.

183.

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

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION SHINTA MARIA Indonesian Customer Service Brief Job Description: Customer support and data base services.

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

Basic Qualification: Graduate 4 years bachelor degree with critical thinking and problemsolving skills Salary Range: Php 30,000 - Php 59,999

185.

186.

Basic Qualification: Graduate 4 years bachelor degree with critical thinking and problemsolving skills Salary Range: Php 30,000 - Php 59,999

187.

Basic Qualification: Graduate 4 years bachelor degree with critical thinking and problemsolving skills Salary Range: Php 30,000 - Php 59,999

Basic Qualification: With at least 6 months customer service experience/Good in oral communication and written

188.

Basic Qualification: With at least 6 months customer service experience/Good in oral communication and written Salary Range: Php 30,000 - Php 59,999

189.

Basic Qualification: With at least 6 months customer service experience/Good in oral communication and written

190.

191.

192.

193.

Brief Job Description: Customer support and data base services

WINSON VALENTINO Indonesian Customer Service Brief Job Description: Customer support and data base services

CHIENG SHYUE LEONG Malaysian Customer Service Brief Job Description: Customer support and data base services

Brief Job Description: Knowledgeable in computer application with good oral and written communication skills

Brief Job Description: Knowledgeable in computer application with good oral and written communication skills PATRICK WONG WEI NAM Malaysian Customer Service Brief Job Description: Customer support and data base services

SIA MAN HENG Malaysian Customer Service Brief Job Description: Customer support and data base services

Brief Job Description: Knowledgeable in computer application with good oral and written communication skills YAP CHOOI TING Malaysian Customer Service

194.

Basic Qualification: Knowledgeable in computer application with good oral and written communication skills 195.

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

SURYANI Indonesian Customer Service

TU KAH CHIONG Malaysian Customer Service

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

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

Brief Job Description: Customer support and data base services.

KAU YII SHENG Malaysian Customer Service

Basic Qualification: With at least 6 months customer service experience/Good in oral communication and written Salary Range: Php 30,000 - Php 59,999

SONIC LOUIS TJONG Indonesian Customer Service

HII KIING HONG Malaysian Customer Service

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

NEW ORIENTAL CLUB88 CORPORATION Sky Garage Bldg., Aseana Avenue, Entertainment City, Tambo, City Of Parañaque

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

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

Brief Job Description: Assist/help customers, give customer information about product and services

YIN, CHAO Chinese Speaking Business Development Associate

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

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

QUALIFICATION AND SALARY RANGE

NEO INCORPORATED North Tower Centrum Bldg., Aseana Avenue, Entertainment City, Baclaran, City Of Parañaque LIANG, JIAN Chinese Speaking Business Development Associate

A9

ESTABLISHMENT / ADDRESS

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

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 inquires.

VO THI KIEU OANH Vietnamese Customer Service Representative

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

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

Tuesday, June 28, 2022

196.

Brief Job Description: Knowledgeable in computer application with good oral and written communication skills

WIN MIN AUNG Myanmari Customer Service Brief Job Description: Customer support and data base services

BACH SI THANG Vietnamese Customer Service

Basic Qualification: Knowledgeable in computer application with good oral and written communication skills

Brief Job Description: Customer support and data base services

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

CAO DANG TRIEU Vietnamese Customer Service

197.

Basic Qualification: Knowledgeable in computer application with good oral and written communication skills

Brief Job Description: Customer support and data base services

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

CHU THI DIEU Vietnamese Customer Service

198.

Basic Qualification: Knowledgeable in Computer Application With Good Oral and Written Communication Skills Salary Range: Php 30,000 - Php 59,999

199.

Basic Qualification: Knowledgeable in Computer Application With Good Oral and Written Communication Skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in Computer Application With Good Oral and Written Communication Skills

200.

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

GIN TUYET DIEM Vietnamese Customer Service Brief Job Description: Customer support and data base services

HOANG DUC QUANG Vietnamese Customer Service Brief Job Description: Customer support and data base services

HOANG MINH HIEU Vietnamese Customer Service 201.

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

Brief Job Description: Customer support and data base services

202.

Brief Job Description: Knowledgeable in computer application with good oral and written communication skills

HOANG PHUONG HOA Vietnamese Customer Service Brief Job Description: Customer support and data base services

QUALIFICATION AND SALARY RANGE Basic Qualification: Knowledgeable in computer application with good oral and written communication skills.

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

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in Computer Application With Good Oral and Written Communication Skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in Computer Application With Good Oral and Written Communication Skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in Computer Application With Good Oral and Written Communication Skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Customer support and data base services Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Customer support and data base services Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer application with good oral and written communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good oral and written communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Customer support and data base services Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Customer support and data base services Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in Computer Application With Good Oral and Written Communication Skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good oral and written communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good oral and written communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer application with good oral and written communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in Computer Application With Good Oral and Written Communication Skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer application with good oral and written communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Customer support and data base services Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good oral and written communication skills Salary Range: Php 30,000 - Php 59,999

BusinessMirror

A10 A6 Tuesday, June 28, 2022

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION HOANG THI QUYNH ANH Vietnamese Customer Service

203.

204.

205.

206.

Brief Job Description: Knowledgeable in computer application with good oral and written communication skills HOANG THI THUY QUYNH Vietnamese Customer Service Brief Job Description: Customer support and data base services

LA VAN SON Vietnamese Customer Service Brief Job Description: Customer support and data base services

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

LUONG THI BICH PHUONG Vietnamese Customer Service

207.

Brief Job Description: Knowledgeable in computer application with good oral and written communication skills LY DIEU KY Vietnamese Customer Service

208.

209.

Brief Job Description: Knowledgeable in computer application with good oral and written communication skills MAI THI THANH Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN THI KIM NHAN Vietnamese Customer Service

210.

211.

212.

213.

214.

215.

216.

217.

Brief Job Description: Knowledgeable in computer application with good oral and written communication skills NGUYEN THI LY Vietnamese Customer Service Brief Job Description: Customer support and data base services

NGUYEN THI NGOC TU Vietnamese Customer Service Brief Job Description: Customer support and data base services

NGUYEN THI THANH Vietnamese Customer Service Brief Job Description: Customer support and data base services

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

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

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

NONG THUY DUNG Vietnamese Customer Service Brief Job Description: Customer support and data base services

NONG VAN CHUYEN Vietnamese Customer Service 218.

Brief Job Description: Knowledgeable in computer application with good oral and written communication skills NONG VAN DUC Vietnamese Customer Service

219.

220.

221.

Brief Job Description: Knowledgeable in computer application with good oral and written communication skills

PHAM BAO SINH Vietnamese Customer Service Brief Job Description: Customer support and data base services.

PHAM HUU QUY Vietnamese Customer Service Brief Job Description: Customer support and data base services

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE

No.

Basic Qualification: Customer support and data base services Salary Range: Php 30,000 - Php 59,999

222.

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

223.

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

224.

Basic Qualification: Knowledgeable in computer application with good oral and written communication skills.

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

225.

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

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

TRAN NGUYEN NGAN HA Vietnamese Customer Service Brief Job Description: Customer support and data base services.

TRAN THI HA PHUONG Vietnamese Customer Service Brief Job Description: Customer support and data base services

Basic Qualification: Customer support and data base services Salary Range: Php 30,000 - Php 59,999

226.

Basic Qualification: Customer support and data base services Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer application with good oral and written communication skills.

227.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Customer support and data base services

228.

TRAN THI HOAI Vietnamese Customer Service Brief Job Description: Customer support and data base services

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

TRUONG NGOC YEN Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

229.

VI THI BINH Vietnamese Customer Service Brief Job Description: Customer support and data base services

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

230.

VI VAN THANH Vietnamese Customer Service Brief Job Description: Customer support and data base services.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in Computer Application With Good Oral and Written Communication Skills

231.

VONG QUAY Vietnamese Customer Service Brief Job Description: Customer support and data base services

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

232.

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

233.

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

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

Brief Job Description: Customer support and data base services

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

VU VAN BAC Vietnamese Customer Service 234.

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

VONG SAY MAN Vietnamese Customer Service

235.

Brief Job Description: Knowledgeable in computer application with good oral and written communication skills

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

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Customer support and data base services

GEORGE TING KEE SHEN General Manager

236.

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

Brief Job Description: Manages the company’s sales of the products and operations in Philippines.

Ensures consistency, profitable growth in sales revenues through formulation sales strategy, competitive analysis, and management of sales personnel.

Basic Qualification: Knowledgeable in computer application with good oral and written communication skills.

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

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

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

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

No.

Basic Qualification: Knowledgeable in computer application with good oral and written communication skills.

238.

BASAK, JISHU Data Scientist

239.

Basic Qualification: Knowledgeable in computer application with good oral and written communication skills

Brief Job Description: Managing calls and customer services.

Brief Job Description: Coordinate with supervisor or leadership team in identifying current priorities and tasks; coordinate with supervisor and leadership team during project kick off in order to understand the business requirement and translate to technical requirements for proper scoping of tasks; create and maintain optimal data pipeline architecture and be a conduit for data management; assemble large, complex data sets that meet functional or non-functional business requirements.

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

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

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

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in Computer Application With Good Oral and Written Communication Skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in Computer Application With Good Oral and Written Communication Skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer application with good oral and written communication skills.

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

LIU, BO Mandarin Product Developer 240.

241.

242.

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

Brief Job Description: Developing an integrated communications strategy for the company incorporating PR, marketing and online.

Basic Qualification: Must have a good verbal and written communication skills, both English and Japanese.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Must have a good verbal and written communication skills, both English and Japanese.

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

SC RESERVATIONS (PHILIPPINES), INC. 27/f, 28/f & 29/f Tower Ii Rcbc Plaza, 6819 Ayala Avenue, Bel-air, City Of Makati

HASSAN, NAHAR YOUSSOUF Reservations Sales Specialist -Arabic

243.

Brief Job Description: A sales expert in providing travel advice and reservations solutions. A critical customer touch point for delivering on our IHG brand experience.

Provide an industry-leading reservation, loyalty program and service recovery solution for all contacts

Basic Qualification: Strong customer service and sales skills balance sales with service; Strong communication skills – listening, written, verbal, Bi-lingual skills where required. Active listening, appropriate conversation pace, problem identification and resolution Salary Range: Php 60,000 - Php 89,999

SHANG GLOBAL CITY PROPERTIES, INC. 3rd Ave., Cor. 30th St., Fort Bonifacio, City Of Taguig HUANG, GLORIA KUEI-CHEN Director Of Housekeeping 244.

Brief Job Description: Has solid understanding about housekeeping operations; well versed with hotel policies and procedures

Basic Qualification: With experience as director of housekeeping in an international hotel Salary Range: Php 150,000 - Php 499,999

SKYLUSTER TECHNOLOGY, INC. 28/f Tower 6789, 6789 Ayala Ave., Bel-air, City Of Makati LIU, JINGJIE Mandarin Customer Service Specialist 245.

Brief Job Description: Creating and updating customer’s account information

Basic Qualification: Excellent oral and written communication in mandarin Salary Range: Php 30,000 - Php 59,999

SMCC PHILIPPINES, INC. 6/f Peninsula Court Bldg., 8735 Paseo De Roxas, Bel-air, City Of Makati LIYANADUWA KANKANAMGE, VIPULA SAMAN KUMARA Equipment Technician

246.

Brief Job Description: Responsible for the electrical repair works, maintenance, fault finding and monitoring of highly sophisticated and huge construction machineries not locally available and which local staffs are not familiar with, like Caterpillar Carry dozer D11R, Hitachi Excavator EX1900, Caterpillar Dump Truck 777.

MEEGAMA ACHARIGE, SHEHAN RAVIHANSA Equipment Technician

247.

Brief Job Description: Responsible for the electrical repair works, maintenance, fault finding and monitoring of highly sophisticated and huge construction machineries not locally available and which local staffs are not familiar with, like Caterpillar Carry dozer D11R, Hitachi Excavator EX1900, Caterpillar Dump Truck 777.

Basic Qualification: With related experience in tailings dam earth moving works.

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

Basic Qualification: With related experience in tailings dam earth moving works.

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

SOLIDLEISURE SOLUTIONS INC. Unit 2602-d & 2603-a West Tower, Psec Exchange Road, Ortigas Center, San Antonio, City Of Pasig HAO, DESHENG Mandarin Technical Support 248.

Brief Job Description: Monitoring & maintaining computer systems & networks HE, LIANG Mandarin Technical Support

249.

Brief Job Description: Monitoring & maintaining computer systems & networks

Basic Qualification: Can Speak Mandarin Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Can Speak Mandarin Salary Range: Php 30,000 - Php 59,999

SOMI UNLIMITED SOLUTIONS, INC. 10/f Tower 2 Double Dragon Plaza Bldg., Edsa Corner Macapagal Ave. St. Zone 10, District 1, Barangay 76, Pasay City NGO VU NGOC It Officer

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

NTT DATA PHILIPPINES, INC. 88 Corporate Centre, Valero St. Cor. Sedeno St., Bel-air, City Of Makati

Brief Job Description: Responsible for all interpretation task, read through the original documents and modify in the objective language, ensuring the importance of the source content is retained.

MOCHIZUKI, YUKO Marketing And Communications Manager (Japanese Speaking)

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

Basic Qualification: Fluent in Vietnamese and English.

Brief Job Description: Responsible for researching, developing and launching new products for the company

MORI, HIROFUMI Japanese Translator

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

Basic Qualification: • Strong leadership to lead the organisation.

• P & L responsibility for the company – achieving profitability target sets • Develop, plan, direct and manage sales activities to meet established sales targets. • Building sales network for distribution and project market • Brand building and establishment in Philippines • Establish a sales team and sales support team to service the market.

Basic Qualification: Bachelor’s/college degree in engineering (computer/ telecommunication), computer science/ management information systems or college degree, preferably in computer science or equivalent experience or in statistics; 3 to 5 years of experience in data management responsibilities using statistical and analytical tools; experience in software development practices and has good statistical background; background in descriptive and inferential statistical analysis.

PLASTONE LANGUAGE SCHOOL INC. 331, Villareal St., Barangay 59, Pasay City

Basic Qualification: Customer support and data base services

Basic Qualification: Knowledgeable in computer application with good oral and written communication skills

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

OCEANIC SYMPHONY SERVICES INC. 3/f Salcedo One Center, 170 Salcedo St., San Lorenzo, City Of Makati

Basic Qualification: Knowledgeable in computer application with good oral and written communication skills.

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

Basic Qualification: Excellent Leadership Skills and Management

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

NOCMAKATI, INC. 8,9,10,11,12,14,15,16,17,18 & 19 Floors, Century Diamond Center, Poblacion, City Of Makati

237.

Brief Job Description: Business strategy planning and management execution

QUALIFICATION AND SALARY RANGE

NUTRI ASIA, INC. Jy Campos Centre 9th Avenue Corner 30th Street, Bonifacio Global City, Fort Bonifacio, City Of Taguig

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

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

PRINCE MICHAEL MARK CHEE MENG Malaysian Customer Service Representative

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION KITAMURA, SEIICHI Head, Business Development And Strategy

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

NIRO CERAMIC PHILIPPINES INC. Unit 102 Opvi Centre Pasong Tamo,, 2295 Don Chino Roces Ave., Extn,, Magallanes, City Of Makati

Basic Qualification: Customer support and data base services

www.businessmirror.com.ph

250.

Brief Job Description: Install and configures computer hardware operating system and applications.

Basic Qualification: Fluent in Vietnamese (Verbal and written skills) Salary Range: Php 30,000 - Php 59,999

BusinessMirror

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION NGUYEN QUOC KHANH Vietnamese Customer Service Representative

251.

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

NGUYEN THI NHI Vietnamese Customer Service Representative

252.

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

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Fluent in Vietnamese (Verbal and written skills)

Basic Qualification: Fluent in Vietnamese (Verbal and written skills)

253.

Brief Job Description: Analyze and evaluate present computer business systems, procedures and processes.

LUO, ZHIPING Computer System Analyst 254.

Brief Job Description: Analyze and evaluate present computer business systems, procedures and processes.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: At least two(2) years of working experience in the related field; fluent in mandarin/Chinese language

255.

Brief Job Description: Provide accurate information on it products and services

Basic Qualification: Proficient in Speaking, Reading and Writing in Chinese Salary Range: Php 30,000 - Php 59,999

271.

256.

Brief Job Description: Handle service support calls, emails and chats related to inquiry from clients / customers through mandarin to English translation.

NANG WIN WIN KYU Mandarin Speaking Customer Relation Representative

257.

Brief Job Description: Handle service support calls, emails and chats related to inquiry from clients / customers through mandarin to English translation.

STEPHEN YIN SENG KONG Mandarin Speaking Customer Relation Representative

258.

Brief Job Description: Handle service support calls, emails and chats related to inquiry from clients / customers through mandarin to English translation.

Basic Qualification: Thorough, extensive & proficiency in mandarin language and characters.

CHEN, YUCHAO Chinese Language Customer Service Representative 272.

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

273.

259.

Brief Job Description: Provides expedient and accurate customer service to French Speaking clients and customers.

KENFACK, MERVIN ROSSEL French Operations CSR

260.

Brief Job Description: Provides expedient and accurate customer service to French speaking clients and customers.

PETER CHE AWAH French Operations CSR

261.

Brief Job Description: Provides expedient and accurate customer service to French Speaking clients and customers.

MBEI, FRANCIS EMMANUEL French Operations CSR II

262.

Brief Job Description: Provides expedient and accurate customer service to French Speaking clients and customers.

SILAS BAWE French Operations CSR II

263.

Brief Job Description: Provides expedient and accurate customer service to French speaking clients and customers.

TAMUFOR SHURI, GEREDINE French Operations CSR II

264.

Brief Job Description: Provides expedient and accurate customer service to French speaking clients and customers.

EJANG, ROSELINE French Operations CSR III

265.

Brief Job Description: Provides expedient and accurate customer service to French Speaking clients and customers.

GUIEYEP, CHRISTELLE French Operations CSR III

266.

Brief Job Description: Provides expedient and accurate customer service to French speaking clients and customers.

DOSSO, BABE HOSNI French Operations Team Leader

267.

Brief Job Description: Provides expedient and accurate customer service to French Speaking clients and customers.

TAMFUCHIA, COLLETTE ANNA NYANYOH French Operations Team Leader

268.

Brief Job Description: Provides expedient and accurate customer service to French speaking clients and customers.

Basic Qualification: Skilled in French Language.

274.

275.

276.

277.

278.

279.

269.

Brief Job Description: Prepare product or service reports by collecting and analyzing customer information

281.

282.

283.

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

Brief Job Description: Responsible to resolve queries of the Malaycustomers through email and chats TRIEU THI LAN Vietnam-speaking Customer Service Officer

284.

Basic Qualification: Proficient in speaking, reading and writing in bilingual languages.

No.

290.

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

Brief Job Description: Responsible to resolve queries of the Malaycustomers through email and chats

Basic Qualification: Foreign language speaking.

291.

292.

CAO THI THU THAO Vietnamese Customer Service Representative Brief Job Description: Maintains financial account; recommend potential and services, attract to a customers.

HOANG HOA THANH VU Vietnamese Customer Service Representative 286.

Brief Job Description: Maintains financial account; recommend potential and services, attract to a customers.

HUYNH NHI KHANG Vietnamese Customer Service Representative 287.

Brief Job Description: Maintains financial account; recommend potential and services, attract to a customers.

VO TAN DUC Vietnamese Customer Service Representative 288.

Brief Job Description: Maintains financial account; recommend potential and services, attract to a customers.

293.

289.

Brief Job Description: Providing details to clients relative to services being offered

Brief Job Description: Candidates should be willing to work across 24/7.

Should have exposure / worked in customer service based process

294.

Brief Job Description: Work closely with operations process owners and support function owners to ensure smooth and consistent delivery of good service at all points in time.

Basic Qualification: Foreign language speaking.

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

295.

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

EINSTAIN CLAUDIA CHANG Indonesian-speaking Customer Service Officer 296.

Brief Job Description: Indonesian written reports on a daily operation of call center activities performing customer oriented telephone activities and various background operation duties ERLISA JELITA Indonesian-speaking Customer Service Officer

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

RUDY CHANDRA Indonesian-speaking Customer Service Officer

297.

298.

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

299.

300.

301.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: At least 19 years old.

Ability to Speak, Write and Communicate in Vietnamese.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: At least 19 years old.

Ability to Speak, Write and Communicate in Vietnamese.

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

Brief Job Description: Indonesian written reports on a daily operation of call center activities performing customer oriented telephone activities and various background operation duties SILVIA Indonesian-speaking Customer Service Officer

302.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: At least 19 years old.

Ability to Speak, Write and Communicate in Vietnamese.

Brief Job Description: Indonesian written reports on a daily operation of call center activities performing customer oriented telephone activities and various background operation duties CINDY VAN YANTO Indonesian-speaking Customer Service Officer

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

Basic Qualification: Ability to Speak, Write and Communicate in Vietnamese.

Brief Job Description: Indonesian written reports on a daily operation of call center activities performing customer oriented telephone activities and various background operation duties TOMSON KEMILAU Indonesian-speaking Customer Service Officer

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

Brief Job Description: Indonesian written reports on a daily operation of call center activities performing customer oriented telephone activities and various background operation duties TOMMY SANJALI Indonesian-speaking Customer Service Officer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Excellent in Writing, Reading and Speaking in Vietnamese

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

Basic Qualification: Overall 18+ years of experience with 2-3 years of working experience in same role Salary Range: Php 150,000 - Php 499,999

Basic Qualification: Proven experience as mandarin field service supervisor, familiarity, knowledge and awareness on machinery and heavy equipment use by company; demonstrable experience in developing strategic business plan.

ZAPPORT SERVICES, INC. 36/f Burgundy Corporate Tower, 252 Sen. Gil J. Puyat Ave., Pio Del Pilar, City Of Makati

Basic Qualification: Foreign language speaking.

Basic Qualification: Excellent in Writing, Reading and Speaking in Vietnamese

Basic Qualification: Proficient in Speaking, Reading and Writing in Chinese.

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

Brief Job Description: Indonesian written reports on a daily operation of call center activities performing customer oriented telephone activities and various background operation duties

Basic Qualification: Foreign language speaking.

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

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

GU, JIAJUN Mandarin Field Service Supervisor

Basic Qualification: Foreign language speaking.

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

Basic Qualification: Proficient in Speaking, Reading and Writing in Chinese.

XINCHUAN INTERNATIONAL ECONOMIC AND TECHNOLOGICAL PHILIPPINE PROJECT LTD CORP. 16/f Tower 6789, 6789 Ayala Ave., Bel-air, City Of Makati

Basic Qualification: Foreign language speaking.

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

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

Basic Qualification: Min. relevant exp. (year): 8 educational + professional qualifications: graduate / post graduate. Prior to call centre business experience

KOUNDER, DEEPAK Senior Group Manager - Quality

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

WISHLAND SOFTWARE TECHNOLOGY INC. 28/f Techzone Condo Corp., 213 Buendia Ave., San Antonio, City Of Makati JIAO, JUNYONG Chinese Language - Marketing Staff

Brief Job Description: Providing details to clients relative to services being offered

BHATIA, NAVIN KISHINCHAND Senior General Manager - Finance

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

Brief Job Description: Providing details to clients relative to services being offered

Basic Qualification: Proficient in Speaking, Reading and Writing in Chinese.

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

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

Brief Job Description: Providing details to clients relative to services being offered

HA QUANG TUAN Vietnamese Language - Customer Service Staff

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Excellent in Writing, Reading and Speaking in Mandarin

QUALIFICATION AND SALARY RANGE

ZHANG, RONGRONG Chinese Language - Marketing Staff

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

Basic Qualification: Proficient in Writing, Reading and Speaking in Both English/Bahasa/Thai/ Chinese/Vietnamese/Malay

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION TAN, GUOSHENG Chinese Language - Marketing Staff

WANFANG TECHNOLOGY MANAGEMENT, INC. 6-9/f Double Dragon Plaza, Edsa Cor. Macapagal Ave., Barangay 76, Pasay City

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

Basic Qualification: Proficient in Speaking, Reading and Writing in Bilingual Languages

Brief Job Description: Responsible to resolve queries of the Malaycustomers through email and chats NGUYEN THI THANH TUYEN Vietnam-speaking Customer Service Officer

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

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

Brief Job Description: Prepares product or service reports by collecting and analyzing customer information.

LY BUU BOI Vietnam-speaking Customer Service Officer

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

Basic Qualification: Skilled in French language.

Brief Job Description: Prepares product or service reports by collecting and analyzing customer information.

WU, KAI-TING Mandarin-speaking Customer Service Officer

Basic Qualification: Skilled in French Language.

TOTAL CREST BUSINESS SUPPORT, INC. 26/f & 27/f Alphaland Corporate Tower, Ayala Ave. Extn. Cor. Malugay St., Bel-air, City Of Makati NGUYEN HONG TRAM ANH Bilingual Customer Service Officer

280.

285.

Basic Qualification: Skilled in French Language.

Accomplishes all the roles and responsibilities of a team leader.

Brief Job Description: Prepares product or service reports by collecting and analyzing customer information.

TU, YUEH-TENG Mandarin-speaking Customer Service Officer

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

Basic Qualification: Skilled in French language.

Brief Job Description: Prepares product or service reports by collecting and analyzing customer information.

SYU, BING-HONG Mandarin-speaking Customer Service Officer

Salary Range: Php 60,000 - Php 89,999 Basic Qualification: Skilled in French language.

Brief Job Description: Prepares product or service reports by collecting and analyzing customer information.

SHEN, I-YUN Mandarin-speaking Customer Service Officer

Salary Range: Php 60,000 - Php 89,999 Basic Qualification: Skilled in French language.

Brief Job Description: Prepares product or service reports by collecting and analyzing customer information.

LEE, TUNG-YUAN Mandarin-speaking Customer Service Officer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Skilled in French Language.

Brief Job Description: Prepares product or service reports by collecting and analyzing customer information.

HUNG, CHIA-PU Mandarin-speaking Customer Service Officer

Salary Range: Php 60,000 - Php 89,999 Basic Qualification: Skilled in French Language.

Brief Job Description: Prepares product or service reports by collecting and analyzing customer information HUANG, FAN-CHEN Mandarin-speaking Customer Service Officer

Salary Range: Php 60,000 - Php 89,999 Basic Qualification: Skilled in French language.

Brief Job Description: Prepares product or service reports by collecting and analyzing customer information.

HSIEH, SHIH-FAN Mandarin-speaking Customer Service Officer

TELUS INTERNATIONAL PHILIPPINES, INC. Units 23/f, 31st/f - 37th/f Discovery Centre, Adb Avenue, Ortigas Center, San Antonio, City Of Pasig EBOKOLLE GOLDIE ENEWAN, NTUBE French Operations CSR

Brief Job Description: Report on a daily basis operation of call center activities performing customer oriented telephone activities and various background operation duties

CHENG, HSIU-LAN a.k.a. CHENG, YU-HAN Mandarin-speaking Customer Service Officer

Basic Qualification: Thorough, extensive & proficiency in mandarin language and characters.

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

QUALIFICATION AND SALARY RANGE

VPC CORPORATE SOLUTIONS INCORPORATED 11/f 100 West, Sen Gil Puyat Ave. Cor., Washington St., Pio Del Pilar, City Of Makati

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Thorough, extensive & proficiency in mandarin language and characters.

Brief Job Description: Define a region - specific marketing plan that supports the regional sales strategy

A11

ESTABLISHMENT / ADDRESS

TRI7 SOLUTIONS, INC. Unit 9-a 9/f Marvin Plaza Bldg., 2153 Don Chino Roces Ave., Pio Del Pilar, City Of Makati

TECHMAVE SERVICES INC. 11/f Liberty Plaza Bldg., 102 H.v. Dela Costa St., Bel-air, City Of Makati LEW WEI LUN Mandarin Speaking Customer Relation Representative

Brief Job Description: Prepare product or service reports by collecting and analyzing customer information.

KHOR PEI XUAN Mandarin Field Marketing Officer

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

TCK LINK INC. 2/f King’s Court 1 Bldg., 2129 Chino Roces Ave., Pio Del Pilar, City Of Makati WU, ANQI Chinese Speaking Site Technician

270.

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

Basic Qualification: At least two(2) years of working experience in the related field; fluent in mandarin/Chinese language

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION NGUYEN TRAN HOANG Bilingual Customer Service Officer

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

SUPREME CHENGHAO MANAGEMENT OPC Level 26-a Rufino Pacific Tower, 6784 Ayala Ave., San Lorenzo, City Of Makati CHEN, GAOQIU Computer System Analyst

No.

Tuesday, June 28, 2022

Brief Job Description: Indonesian written reports on a daily operation of call center activities performing customer oriented telephone activities and various background operation duties STELLA Indonesian-speaking Customer Service Officer

303.

Brief Job Description: Indonesian written reports on a daily operation of call center activities performing customer oriented telephone activities and various background operation duties

Basic Qualification: Indonesian Speaking and Written Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Indonesian Speaking and Written Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Indonesian Speaking and Written Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Indonesian Speaking and Written Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Indonesian Speaking and Written Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Indonesian Speaking and Written Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Indonesian Speaking and Written Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Indonesian Speaking and Written Salary Range: Php 30,000 - Php 59,999 *Date Generated: Jun 27, 2022

In the ad material of Notice of Filing of Application for Alien Employment Permits published on Jun 21, 2022, the position of YAW KYEIN YAN under the company NEW ORIENTAL CLUB88 CORPORATION, should have been read as MYANMARI CUSTOMER SERVICE and not as published.

In the ad material of Notice of Filing of Application for Alien Employment Permits published on Jun 21, 2022, the position of PHYO LIN AUNG under the company NEW ORIENTAL CLUB88 CORPORATION, should have been read as MYANMARI CUSTOMER SERVICE and not as published.

Any person in the Philippines who is competent, able and willing to perform the services for which the foreign national is desired may file an objection at DOLE National Capital Region located at DOLE-NCR Building, 967 Maligaya St., Malate Manila, within 30 days after this publication.

Please inform DOLE National Capital Region if you have any information on criminal offense committed by the foreign nationals.

The World BusinessMirror

A12 Tuesday, June 28, 2022

Russia strikes Kyiv with missiles as Western leaders meet in Europe

Biden urges Western unity on Ukraine amid war fatigue

By Zeke Miller, Darlene Superville & Geir Moulson

By Oleksandr Stashevskyi

K

The Associated Press

YIV, Ukraine—Russia shattered weeks of relative calm in the Ukrainian capital with longrange missiles fired toward Kyiv early Sunday, an apparent Kremlin showof-force as Western leaders meet in Europe to strengthen their military and economic support of Ukraine.

Kyiv Mayor Vitali Klitschko said the missiles hit at least two residential buildings, and President Volodymr Zelenskyy said a 37-year-old man was killed and his 7-year-old daughter and wife injured. Associated Press journalists saw emergency workers battling flames and rescuing civilians.

The strikes also damaged a nearby kindergarten, where a crater pocked the courtyard. US President Joe Biden called the attacks “barbarism” after he arrived in Germany for a Group of Seven summit.

Later Sunday, a local official reported a second death, telling the Unian news agency that a railroad worker was killed and several others were injured in the attacks while servicing rail infrastructure.

Ukrainian air force spokesman Yuriy Ignat said the first airlaunched weapons successfully to target the capital since June 5 were Kh-101 cruise missiles fired from warplanes over the Caspian Sea, more than 1,500 kilometers (932 miles) away.

Kyiv’s mayor told journalists he thought the airstrikes were “maybe a symbolic attack” ahead of a Nato summit in Madrid that starts Tuesday. A former commander of US forces in Europe said the strikes also were a signal to the leaders of G-7 nations meeting Sunday in Germany.

“Russia is saying, ‘We can do this all day long. You guys are powerless to stop us,’” retired Lt. Gen. Ben Hodges, the former commanding general of US Army forces in Europe, said. “The Russians are humiliating the leaders of the West.”

The G-7 leaders were set to announce the latest in a long series of international economic steps to pressure and isolate Russia over its war in Ukraine: new bans on imports of Russian gold. Standing with German Chancellor Olaf Scholz, the three-day meeting’s host, Biden said of the missile strikes on Kyiv: “It’s more of their

barbarism.”

Zelensky y, speaking in his nightly video address, appealed to the G-7 leaders for more help, saying stopping Russian aggression “is possible only if we get everything we ask for, and in the time we need it - weapons, financial support and sanctions against Russia.”

A Ukrainian parliament member, Oleksiy Goncharenko, wrote on the Telegram messaging app that preliminary information indicated that Russia launched 14 missiles toward the capital region and Kyiv itself. Zelenskyy said some were intercepted, and he vowed revenge against “all pilots, dispatchers, technicians and other people who ensure the launch of missiles in Ukraine.”

“We will find you all. Each of you will be responsible for these blows,” Zelenskyy vowed. “And if someone thinks he will evade responsibility by saying that this was an order, you are wrong. When your missiles hit homes, it’s a war crime. The court is what awaits you all. And you will not hide anywhere—neither on the shores of the Caspian Sea, over which your missiles are launched, nor in Belarus...Nowhere.”

In a phone interview, retired US general Hodges told The Associated Press that Russia has a limited stock of precision missiles and “if they are using them, it’s going to be for a special purpose.”

Russia has denied targeting civilians during the 4-month-old war, and Hodges said it was hard to know if the missiles launched Sunday were intended to strike the apartments buildings.

Russian forces tried to seize control of Kyiv early in the war.

After Ukrainian troops repelled them, the Kremlin largely shifted its focus to southern and eastern Ukraine.

Russian rocket strikes in the city of Cherkasy, about 160 kilometers (100 miles) southeast of Kyiv, killed one person and injured five,

Servicemen work at the scene at a residential building following explosions, in Kyiv, Ukraine, on Sunday, June 26, 2022. Several explosions rocked the west of the Ukrainian capital in the early hours of Sunday morning, with at least two residential buildings struck, according to Kyiv Mayor Vitali Klitschko. AP/Nariman El-Mofty

regional governor Ihor Taburets said Sunday.

In the east, Russian troops fought to consolidate their gains by battling to swallow up the last remaining Ukrainian stronghold in Luhansk province. Luhansk Gov. Serhiy Haidai said Sunday that Russia was conducting intense airstrikes on the city of Lysychansk, destroying its television tower and seriously damaging a road bridge.

“There’s very much destruction.

Lysychansk is almost unrecognizable,” he wrote on Facebook.

For weeks, Lysychansk and the nearby city of Sievierodonetsk have been subject to a bloody and destructive offensive by Russian forces and their separatist allies aimed at capturing all of Ukraine’s eastern Donbas region.

They have made steady and slow progress, with Haidai confirming Saturday that Sievierodonetsk, including a chemical plant where hundreds of Ukrainian troops and civilians were holed up, had fallen.

Commenting on the battle for Sievierodonetsk, Russian Defense Ministry spokesman Igor Konashenkov said late Saturday that Russian and Moscow-backed separatist forces now control not only the city but also the villages surrounding it. He said the Russian military had thwarted Ukrainian forces’ attempt to turn the Azot chemical plant into a “stubborn center of resistance.”

Capturing Lysychansk would give Russian and separatist forces control of every major settlement in Luhansk. At last report, they controlled about half of Donetsk, the second province in the Donbas.

On Saturday, Russia launched dozens of missiles on several areas across the country far from the heart of the eastern battles.

Some of the missiles were fired from Russian long-range Tu-22 bombers deployed from Belarus for the first time, Ukraine’s air

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A body is removed from a nightclub in East London, South Africa, on Sunday, June 26, 2022. South African police are investigating the deaths of at least 20 people at a nightclub in the coastal town of East London early Sunday morning.

It is unclear what led to the deaths of the young people, who were reportedly attending a party to celebrate the end of winter school exams. AP Photo

to conduct autopsies as soon as possible to establish the probable cause of death.”

Pol ice m inister Bhek i Cele sa id t he v ict ims’ ages ra nged f rom 13 to 17, ra ising questions about why the underaged

The Associated Press

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command said.

Reacting to the shelling from the Russian bombers, Zelenskyy appealed to the people of Belarus to resist cooperation with the Russian military. “The Russian leadership wants to draw you—all Belarusians—into the war, wants to sow hatred between us,” he said in his video address Sunday. “You can refuse to participate in this war. Your lives belong only to you, not to someone in the Kremlin.”

Belarus hosts Russian military units and was used as a staging ground before Russia invaded Ukraine, but its own troops have not crossed the border. In a meeting Saturday, Russian President Vladimir Putin told Belarusian President Alexander Lukashenko that Russia planned to supply Belarus with the Iskander-M missile system.

On the economic front, US Secretary of State Anthony Blinken said banning imports of Russian gold would represent a significant escalation of sanctions.

“That is the second-most lucrative export that Russia has after energy,” Blinken told American news channel CNN. “It’s about $19 billion a year. And most of that is within the G-7 countries.

So cutting that off, denying access to about $19 billion of revenues a year, that’s significant.”

Russia is poised to default on its foreign debt for the first time since the 1917 Bolshevik Revolution, further alienating the country from the global financial system following international sanctions imposed over its war in Ukraine.

The country faces a Sunday night deadline to meet a 30-day grace period on interest payments originally due May 27. But it could take time to confirm a default.

Russia calls any default artificial because it has the money to pay its debts but says sanctions have frozen its foreign currency reserves held abroad.

21 dead in South African nightclub; cause unclear

OHANNESBURG—South African police were investigating the deaths of at least 21 people at a nightclub in the coastal town of East London early Sunday and authorities said most of the victims were minors as young as 13 years old.

It is unclear what led to the deaths of the young people, who were reportedly attending a party to celebrate the end of winter school exams.

Local newspaper Daily Dispatch reported that bodies were strewn across tables and chairs without any visible signs of injuries.

“At this point we cannot confirm the cause of death,” said health department spokesperson Siyanda Manana. “We are going

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

teenagers were being ser ved a lcohol.

President Cyril Ramaphosa expressed condolences to the families of those who died.

“The President is, however, concerned about the reported

circumstances under which such young people were gathered at a venue which, on the face of it, should be off limits to persons under the age of 18,” Ramaphosa said in a statement.

The death toll from the incident rose to 21.

The owner of the club, Siyakhangela Ndevu, told local media he was called to the scene early Sunday morning.

“I am still uncertain about what really happened, but when I was called in the morning I was told the place was too full and that some people were trying to force their way into the tavern,” he said. “However, we will hear what the police say about the cause of death.” AP

LMAU, Germany—President Joe Biden and Western allies opened a threeday summit in the Bavarian Alps on Sunday intent on keeping economic fallout from the war in Ukraine from fracturing the global coalition working to punish Russia’s aggression. Britain’s Boris Johnson warned the leaders not to give in to “fatigue” even as Russia lobbed new missiles at Kyiv.

The Group of Seven leaders were set to announce new bans on imports of Russian gold, the latest in a series of sanctions the club of democracies hopes will further isolate Russia economically. They also were looking at possible price caps on energy meant to limit Russian oil and gas profits that Moscow can pump into its war effort.

And following up on a proposal from last year’s G-7 summit, Biden formally launched a global infrastructure partnership designed to counter China’s influence in the developing world. The initiative aims to leverage $600 billion with fellow G-7 countries by 2027 for global infrastructure projects. Some $200 billion would come from the United States, Biden said.

US officials have long argued that China’s infrastructure initiative traps receiving countries in debt and that the investments benefit China more than their hosts.

In a pre-summit show of force, Russia launched its first missile strikes against the Ukrainian capital in three weeks, striking at least two residential buildings, according to Kyiv Mayor Vitali Klitschko.

Biden condemned Russia’s actions as “more of their barbarism,” and stressed that allies need to remain firm even as the economic reverberations from the war take a toll around the globe in inflation, food shortages and more.

“We have to stay together, because Putin has been counting on, from the beginning, that somehow Nato and the G-7 would splinter, but we haven’t and we’re not going to,” Biden said during a meeting with German Chancellor Olaf Scholz, who holds the G-7’s rotating presidency and is hosting the gathering.

As the G-7 leaders sat down for their opening session, they took a lighthearted jab at Putin. Johnson could be heard asking whether he should keep his jacket on, adding, “We all have to show that we’re tougher than Putin.” Canadian Prime Minister Justin Trudeau chimed in: “A bare-chested horseback ride.”

Over the years, the Kremlin has released several photos of the Russian leader in which he appears shirtless.

Biden and his counterparts were using the gathering to discuss how to secure energy supplies and tackle inflation triggered by the war’s fallout.

The leaders also came together on the new global infrastructure partnership meant to provide an alternative to Russian and Chinese investment in the developing world. One by one, the leaders stepped up to the microphone to discuss the partnership and their roles in it—without mentioning China by name.

Ukraine cast a shadow over the gathering, but the leaders were determined to project resolve.

Scholz told Biden that the allies all managed “to stay united, which obviously Putin never expected.”

Biden said of Putin’s war: “We can’t let this aggression take the form it has and get away with it.”

Scholz, who has faced criticism at home and abroad for perceived reluctance to send Ukraine heavy weapons, said, “Germany and the US will always act together when it comes to questions of Ukraine’s security.”

Johnson, for his part, urged fellow leaders not to give in to “fatigue.” He has expressed concern that divisions may emerge in the pro-Ukraine alliance as the four-month-old war grinds on.

Asked whether he thought France and Germany were doing enough, Johnson praised the “huge strides” made by Germany to arm Ukraine and cut imports of Russian gas. He did not mention France.

Biden and Scholz, in their pre-summit meeting, agreed on the need for a negotiated end to the Ukraine war, but did not get into specifics on how to achieve it, said a senior Biden administration official, who requested anonymity to reveal details of a private conversation.

However, they did not have an extensive discussion about oil price caps or inflation, the official said.

Other leaders echoed Biden’s praise of coalition unity.

The head of the European Union’s council of governments said the 27-member bloc maintains “unwavering unity” in backing Ukraine against Russia’s invasion with money and political support, but that “Ukraine needs more and we are committed to providing more.”

European Council President Charles Michel said EU governments were ready to supply “more military support, more financial means, and more political support” to enable Ukraine to defend itself and “curb Russia’s ability to wage war.”

The EU has imposed six rounds of sanctions against Russia, the latest one being a ban on 90 percent of Russian crude oil imports by the end of the year. The measure is aimed at a pillar of the Kremlin’s finances, its oil and gas revenues.

Biden and the leaders of Britain, Canada, France, Germany, Italy and Japan, plus the EU, spent Sunday in both formal and informal settings discussing the war’s effects on the global economy, including inflation.

Biden said G-7 nations, including the United States, will ban imports of gold from Russia. A formal announcement was expected Tuesday as the leaders wind up their annual summit.

Johnson said the ban will “directly hit Russian oligarchs and strike at the heart of Putin’s war machine.”

“Putin is squandering his dwindling resources on this pointless and barbaric war. He is bankrolling his ego at the expense of both the Ukrainian and Russian people,” Johnson said. “We need to starve the Putin regime of its funding.”

Gold, in recent years, has been the top Russian export after energy—reaching almost $19 billion or about 5 percent of global gold exports, in 2020, according to the White House.

Of Russian gold exports, 90 percent was consigned to G-7 countries. More than 90 percent of those exports, or nearly $17 billion, was exported to the UK. The United States imported less than $200 million in gold from Russia in 2019, and under $1 million in 2020 and 2021.

As for the idea of price caps on energy, Michel said, “we want to go into the details, we want to fine-tune...to make sure we have a clear common understanding of what are the direct effects and what could be the collateral consequences” if such a step were to be taken by the group.

Superville reported from Telfs, Austria and Moulson from GarmischPartenkirchen, Germany. Associated Press writer Jill Lawless in London contributed to this report.

www.businessmirror.com.ph

The World BusinessMirror

Tuesday, June 28, 2022 A13

G-7 to pursue Russian oil price cap and tariff hikes

By Zeke Miller & Geir Moulson

Spain’s Prime Minister Pedro Sanchez speaks at the EU headquarters in Brussels, June 22, 2022.

Russia’s invasion of Ukraine is certain to dominate an upcoming Nato summit in Madrid. But host nation Spain and other members are quietly pushing the Western alliance to consider how mercenaries aligned with Russian President Vladimir Putin are spreading Moscow’s influence in Africa. AP/Geert Vanden Wijngaert

As summit host, Spain urges Nato to watch Europe’s southern flank

By Joseph Wilson The Associated Press

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ARCELONA, Spain—While Russia’s invasion of Ukraine is certain to dominate an upcoming Nato summit in Madrid, Spain and other member nations are quietly pushing the Western alliance to consider how mercenaries aligned with Russian President Vladimir Putin are spreading Moscow’s influence to Africa.

As the host of the summit taking place from Tuesday to Thursday, Spain wants to emphasize its proximity to Africa as it lobbies for a greater focus on Europe’s southern flank in a new document outlining Nato’s vision of its security challenges and tasks.

The Strategic Concept is Nato’s most important working document after the North Atlantic Treaty of 1949, which contained the key provision holding that an attack on one member is viewed as an attack upon all. The security assessment is updated roughly every decade to reset the West’s security agenda.

The current version, approved in Lisbon in 2010, stated the risk of a conventional war on Nato territory was “low.” It did not explicitly mention concerns about instability in Africa. At the time, the alliance viewed apathy as its biggest military threat; US complaints that some European members were not paying their due featured heavily in summit talks.

Fast for ward a dozen years, and the view looks very different from Nato headquarters in Brussels. After Russia brought war close to Nato’s eastern borders, the alliance has worked to provide Ukraine with an assortment of more powerful weapons and to avoid the very real risk of getting drawn into the fighting.

But there appears to be a consensus among Nato members heading into the Madrid summit that while Russia remains concern No. 1, the alliance must continue to widen its view globally. Spain’s position for an increased focus on “the South” is shared by Britain, France and Italy.

In their view, the security challenges in Africa arise from a Putin apparently deadset on restoring the imperial glories of Russia as well as from an expansive China.

Russia has gained traction thanks to the presence of its mercenaries in the Sahel region, a semiarid expanse stretching from Senegal to Sudan that suffers from political strife, terrorism and drought.

“Each time I meet with Nato ministers, the support of the allies is total due to the instability that we see on the alliance’s southern frontier and especially the situation in the Sahel region right now,” Spanish Foreign Minister José Albares said.

The Kremlin denies links to the Wagner Group, a mercenary force with an increasing presence in central and North Africa and the Middle East. The private military company, which has also participated in the war in Ukraine, has developed footholds in Libya, Mali, Sudan and Central African Republic.

In Mali, Wagner soldiers are filling a void created by the exit of former colonial power France. In Sudan, Russia’s offer of an economic alliance earned it the promise of a naval base on the Red Sea. In Central African Republic, Wagner fighters protect the country’s gold and diamond mines. In return, Putin gets diplomatic allies and resources.

French President Emmanuel Macron has long called for a “greater involvement” from Nato in the Sahel region. Now that Wagner has moved into Mali, French authorities underlined that Wagner mercenaries were accused of human right abuses in the Central African Republic, Libya and Syria.

Former Nato Secretary-General Javier Solana said that Russia’s brutal military campaign in support of Syrian President

Bashar al-Assad during his country’s long civil war left it emboldened.

“Syria gave [the Russians] the sentiment that they could be more active in that part of the world,” Solana told The Associated Press. “They have very good relations with Algeria and they have [...] the Wagner type of people in the Sahel, which is delicate.”

With the Sahel, Morocco and Algeria at risk of worsening instability, “the southern part of Nato, for Portugal, Spain, Greece, etc., they would like to have an eye open to that part of the world,” he said.

Italy is another Nato member attuned to the political climate across the Mediterranean Sea. The country hosts Nato’s Joint Force Command base in Naples, which in 2017 opened a south hub focusing on terrorism, radicalization, migration and other issues emanating from North Africa and the Middle East.

The Italian ambassador to Nato, Francesco Maria Talo, said in a May interview with Italian news agency ANSA that humanitarian crises in Africa must concern all Nato allies.

“Near us there’s Africa, with a billion inhabitants at risk of poverty, aggravated by food insecurity, terrorism and climate change, all factors that combine to create insecurity,” Talo said. “And Russia is present there, too.”

The importance of the other side of the Mediterranean became painfully evident to Spain over the past year due to a series of diplomatic crises involving Morocco and Algeria and their rivalry over the fate of Western Sahara, a former Spanish colony.

Amid the disputes, reduced border security allowed migrants to enter Spanish territory, and there were perceived threats to energy supplies. Analysts consider both to be tactics of “hybrid warfare” when governments use them against other countries.

Speaking in Madrid last month, British Defense Minister Ben Wallace noted the problems caused last year when Belarus, a Putin ally, allegedly encouraged migrants to cross its borders into Poland and other neighboring countries.

“If the likes of Wagner get the control they have or they’d like to have in places like Libya or indeed what we see they’re already doing in Mali, do not think that Spain will be untouched by that,” Wallace said.

Nato is also expected to include in the new Strategic Document a reference to China’s growing military reach both in and beyond the Pacific theater.

US Army Gen. Stephen J. Townsend, commander of US Africa Command, warned last month that China was trying to build a military naval base on Africa’s Atlantic coast. He said Beijing “has most traction” toward establishing the base in Equatorial Guinea, a tiny oil-rich dictatorship that was once Spain’s only sub-Saharan African colony.

China only operates one acknowledged foreign military base, located in Djibouti in East Africa. But many believe its People’s Liberation Army is busy establishing an overseas military network, even if it doesn’t use the term “base.”

Nato has invited the leaders of Japan, South Korea, Australia and New Zealand to the summit to demonstrate its interest in the Asian-Pacific.

The foreign minister of Mauritania, a former French colony in West Africa, is also invited to attend a working dinner of fellow foreign ministers at the Nato summit. Nato said the country, which borders Western Sahara, Algeria, Mali and Senegal, was “closely associated with the preparatory work” for the new Strategic Concept.

AP writers Ciarán Giles in Madrid, Sylvie Corbet in Paris, and Nicole Winfield in Rome contributed to this report.

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The Associated Press

LMAU, Germany—The Group of Seven economic powers are set to commit themselves to supporting Ukraine for the long haul, with the US preparing to announce the purchase of an advanced surface-to-air missile system for Kyiv. Leaders are also set to announce an agreement to pursue a price cap on Russian oil, raise tariffs on Russian goods and impose new sanctions on hundreds of officials and entities supporting the four month long war.

Leaders were finalizing the deal to seek a price cap during their three-day summit in the German Alps, where they conferred by video link with Ukrainian President Volodymyr Zelenskyy. The details of how a price cap would work, as well as its impact on the Russian economy, were to be resolved by the G-7 finance ministers in the coming weeks and months, according to a senior administration official spoke on the condition of anonymity to preview the announcements from the G-7 leaders’ summit.

The largest democratic economies will also commit to raising tariffs on Russian imports to their countries, with the US announcing new tariffs on 570 categories of goods, as well as use of sanctions to target Russia’s defense supply chains that support its effort to rearm during the war.

Biden is set to announce that the US is providing an advanced surface-to-air missile system to Ukraine, as well as additional artillery support, according to a person familiar with the matter, in the latest assistance meant to help the country defend against Russia’s bloody invasion.

The US is purchasing NASAMS, a Norwegian-developed anti-aircraft system, to provide mediumto long-range defense, according to the person, who spoke on the condition of anonymity. NASAMS is the same system used by the US

to protect the sensitive airspace around the White House and US Capitol in Washington.

Additional aid includes more ammunition for Ukrainian artillery, as well as counter-battery radars, to support its efforts against the Russian assault in the Donbas, the person said. Biden is also announcing a $7.5 billion commitment to help Ukraine’s government meet its expenses, as part of a drawdown of the $40 billion military and economic aid package he signed into law last month.

The G-7 leaders began Monday’s session of their three-day summit with a focus on Ukraine.

Later, they will be joined by the leaders of five democratic emerging economies—India, Indonesia, South Africa, Senegal and Argentina—for a discussion on climate change, energy and other issues.

The war in Ukraine was already at the forefront of the G-7 leaders’ minds as they opened their summit at the secluded Schloss Elmau luxury hotel on Sunday—just as Russian missiles hit the Ukrainian capital of Kyiv for the first time in weeks.

Biden said Sunday that Russian President Vladimir Putin “has been counting on, from the beginning, that somehow Nato and the G-7 would splinter, but we haven’t and we’re not going to.” Britain’s

From front center clockwise, Germany’s Chancellor Olaf Scholz, US President Joe Biden, Britain’s Prime Minister Boris Johnson, Japan’s Prime Minister Fumio Kishida, European Commission President Ursula von der Leyen, European Council President Charles Michel, Italy’s Prime Minister Mario Draghi, Canada’s Prime Minister Justin Trudeau and France’s President Emmanuel Macron have taken seat at a round table as Ukraine’s President Volodymyr Zelensky addresses the G-7 leaders via video link during their working session at Castle Elmau in Kruen, near Garmisch-Partenkirchen, Germany on Monday, June 27, 2022. The Group of Seven leading economic powers are meeting in Germany, for their annual gathering Sunday through Tuesday.

Tobias Schwarz/Pool Photo via AP

Boris Johnson warned the leaders not to give in to “fatigue.”

Biden hopes to use his trip to Europe to proclaim the unity of the coalition pressing to punish Russia for its invasion of Ukraine as much as he is urging allies to do even more—seeking to counter doubts about its endurance as the war grinds into its fifth month.

The summit’s host, German Chancellor Olaf Scholz, said last week that he wants to discuss the outlines of a “Marshall plan for Ukraine” with his G-7 counterparts, referring to the USsponsored plan that helped revive European economies after World War II. With the war still in progress and destruction mounting by the day, it’s unlikely to be a detailed plan at this stage. Scholz has said that “rebuilding Ukraine will be a task for generations.”

The G-7 already is committed to help finance Ukraine’s immediate needs. Finance ministers from the group last month agreed to provide $19.8 billion in economic aid to help Kyiv keep basic services functioning and prevent tight finances from hindering its defense against Russian forces.

A senior US administration official, speaking on condition of anonymity to discuss private conversations between the G-7 leaders, said the US and Europe are aligned in their aims for a negotiated end to the conflict, even if their roles sometimes appear different.

Scholz and French President

Emmanuel Macron have tried to facilitate that through active conversations with Russian President V ladimir Putin and Zelenskyy, while also supplying weapons to Ukraine. The US has largely cut off significant talks with Russia and aims to bolster Ukraine’s battlefield capacity as much as possible so that its eventual position at the negotiating table is stronger.

The endurance of the tough sanctions on Russia may ultimately come down to whether the G-7 and other leaders can identify ways to ease energy supply issues and skyrocketing prices once winter hits, as they seek to disengage from Russian sources of fuel.

The G-7 meeting is sandwiched between a European Union summit last week that agreed to give Ukraine the status of a candidate for membership—kicking off a process that is likely to take years with no guarantee of success—and a summit of Nato leaders starting Tuesday in Madrid.

The leaders of the G-7—the US, Germany, France, the UK, Italy, Canada and Japan—may hope to make some progress in bringing their counterparts from their five guest countries closer to Western views on sanctions against Russia.

Scholz also is eager to win over such countries for his idea of a “climate club” for nations that want to speed ahead when it comes to tackling the issue.

Moulson reported from GarmischPartenkirchen, Germany.

Tokyo warned of power crunch as Japan endures heat wave

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OKYO—The Japanese government warned of possible power shortages Monday in the Tokyo region, asking people to conserve energy as the country endures an unusually intense heat wave.

Weather officials have announced the earliest end to the annual summer rainy season since the Japan Meteorological Agency began keeping records in 1951.

The rains usually temper summer heat, often well into July.

The economy and industry ministry urged people living in the region serviced by the Tokyo Electric Power Co. to conserve power in the afternoon, especially when demand peaks at 4-5 p.m.

Kaname Ogawa, director of electricity supply policy at the ministr y, said electricity demand Monday was bigger than expected because the temperature is higher than Sunday’s forecast.

“We are struck by unusual heat for the season,” Ogawa said. “Please cooperate and save as much power as possible.”

Ogawa, however, said people should use air conditioning appropriately and

People, some of them holding parasols, cross an intersection amid heat in Tokyo on Monday, June 27, 2022. Japan’s government issued a warning for possible power crunch in the Tokyo area Monday, asking offices and residents to save energy as the capital region is hit by sweltering heat, with weather officials announcing an earliest end to the rainy season on decades.

Yusuke Ogata/Kyodo News via AP

take precautions against heat stroke.

TEPCO is expecting contributions f r o m t h e To h o k u E l e c t r i c P o w e r Co., which ser ves Japan’s northern

prefectures, to help ease the crunch.

The Japanese archipelago has seen record high temperatures for June in some areas. In Isezaki, north of Tokyo,

the temperature rose to 40.2 Centigrade (104.4 Fahrenheit) on Saturday, the highest ever for June. Temperature in downtown Tokyo rose to nearly 35C (95F) on Monday, higher than the forecast Sunday of 34C (93F).

With humidity at about 44 percent, temperatures felt still warmer.

With hot air coming from a powerful high atmospheric pressure system stalled over the Pacific Ocean, high temperatures were expected until early July, the meteorological agency said.

More than 250 people were taken to hospitals in Tokyo over the weekend for treatment of heat stroke, according to the Mainichi newspaper.

The power supply is relatively tight after Japan idled most of its nuclear reactors after 2011 meltdowns in Fukushima. It also has been closing down old coal plants to meet promises for reducing carbon emissions.

Japan also faces a potential shortage of fossil fuel imports amid sanctions against Russia over its invasion of Ukraine. AP

A14 Tuesday, June 28, 2022 • Editor: Angel R. Calso

Opinion BusinessMirror

www.businessmirror.com.ph

editorial

Will exodus of PHL nurses ever end?

O

N January 2, 2021, Queen Elizabeth II bestowed on Filipino nurse Charito Romano the British Empire Medal for her outstanding work at Arbrook House Care Home in the UK during the Covid-19 pandemic. The Queen recognized Romano, who tirelessly worked together with her fellow health-care workers to make sure that no one in the care home would be infected. All their efforts paid off when it was declared that Arbrook House remained Covid-free.

According to a March 2019 report on Britain’s National Health Service workplace diversity, there are close to 19,000 Filipinos serving in the UK’s public health system either as medical professionals, such as nurses and allied health professionals, or as support staff.

Nursing graduates from the Philippines who are seeking to practice their profession in America have increased by 147 percent, a member of the House Committee on Higher and Technical Education said. Cebu Rep. Eduardo Gullas said a total of 3,714 nursing graduates indicated their desire to practice their profession in America by taking the US licensure examination for the first time from January to March this year (Read, “PHL nursing grads who are eyeing US practice have risen 147%–solon,” in the BusinessMirror, June 21, 2022).

For the longest time, the Philippines has been supplying the world with quality and experienced nurses. According to the 2021 Department of Health data, out of the country’s 915,219 registered nurses, 316,415 have already migrated.

The country should still have a surplus of nurses. However, the government has employed only 65,895 nurses for a population of 110 million. At the height of the pandemic, the DOH hired around 7,000 contract of service (3-monthcontractual) nurses and other health workers.

The World Health Organization (WHO), in its State of the World’s Nursing report, has projected that without needed action, “there will be a shortfall of 4.6 million nurses worldwide by 2030.” In the Philippines, the WHO said the shortfall of nurses is expected to reach 249,843 by 2030, unless greater investment is made now to retain them in the local health sector.

The Filipino Nurses United, a national organization of nurses fighting for nurses’ rights, said the country needs health workers, including nurses who compose 71 percent of the Philippine health workforce. However, many hospitals abroad prefer to hire Filipino nurses who are known for their work ethic, loyalty, compassion and dedication to caring for the sick and elderly. FNU said it encourages our nurses to serve our countrymen. “However, we support their aspiration to fulfill their dreams for their families, especially if it is a matter of survival from deep economic hardships.”

The FNU said it has been proposing measures to address the issue of exodus or massive migration of nurses. “First, the basics: decent living wage for nurses of P50,000 entry salary in both public and private sectors, safe nurse to patient ratio that could address the problem of severe and chronic understaffing, and regularize all contractual nurses including job order nurses, Nurse Deployment Program nurses, and contract of service nurses.”

Out of 172,589 locally employed nurses, the FNU said 106,694 private sector nurses are being paid a low wage of P537 per day in the NCR, and much lower in the regions. In the government sector, though nurses have relatively higher pay, they suffer from work and patient overload in the same way that private sector nurses do. FNU said a large percentage of government-employed nurses do not have regular positions, no benefits and no security of tenure.

The FNU said incentives such as benefits that can further motivate health workers to stay on are extremely lacking, inadequate or delayed. It said 60 percent of health workers have yet to receive their mandated Covid benefits and compensation. This adds up to the extreme frustration of nurses who put their lives on the line, especially during the pandemic.

FNU said the government needs to increase the wages of all nurses to P50,000 entry salary, to hire more nurses with regular positions to address the understaffing, and regularize all contractual nurses. It said “these measures will help decrease the number of nurses from leaving—either the hospital, the nursing profession, or the country.”

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Smooth transition Manny B. Villar

THE Entrepreneur

T

he Philippines will have its 17th president this week when President Rodrigo Duterte ends his term on Friday. Presidentelect Ferdinand Marcos Jr. will take over the reins of power on the same day, and I believe the event will be one of the smoothest transitions in our history.

Mr. Marcos’s government will largely be a continuation of President Duterte’s economic policies, which for the most part of his tenure resulted in robust economic growth rates. From what I read in newspapers and hear on radio and television news programs, the incoming administration is bent on keeping the macro-economic fundamentals of the country and on adopting a fiscal consolidation program to reduce government debt.

The initial economic pronouncements of Mr. Marcos show that he is a well-grounded person. He is not easily falling into populist suggestions that could only damage the economy in the long-term. One instance is the clamor to suspend the excise tax on petroleum products. Like a true statesman, Mr. Marcos dismissed the idea—aware that the option will not necessarily alleviate the plight of consumers and transport drivers.

He preferred the provision of aid to the sectors affected by rising fuel prices instead of suspending the excise tax on oil. For Mr. Marcos, a direct aid or a form of “ayuda” will address the financial problems of certain sectors in the economy. I agree with what Mr. Marcos intends do. Giving financial assistance directly to those reeling from high fuel prices, like public utility drivers, is a better option than lowering the excise taxes.

Bus, jeepney and taxi drivers and those severely affected by surging oil prices deserve the assistance because their livelihood is at stake. The direct aid to the poor is a Solomonic solution because the government at the same time can keep its revenue base intact in order to fund other social services.

The revenues from excise tax collections, based on my previous stints in the Lower House and the Senate,

No turning back the clock

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John Mangun

Lourdes M. Fernandez

OUTSIDE THE BOX

H

umans are different from other animals. There is one particular factor that separates us from the bear in the wilderness, the eagle in the sky, and the shark in the ocean.

The daily life of any of these species has been virtually the same since time immemorial. While their habitats have changed—and the bear on the mountain sees distant human lights that his ancestors never experienced—life is not much different than it was a thousand generations ago.

If there is a motto that distinguishes humans from all other species, it is “Things Change.”

The giant panda is still eating the same diet it has been eating for millions of years, with low nutritional quality bamboo shoots and leaves making up 99 percent of its diet. Around 12,000 years ago humans began shifting from eating whatever they could find to

cultivating crops. Growing grains created a predictable food supply, allowing farmers’ wives to bear babies once every 2.5 years instead of one every 3.5 years for huntergatherers. Things change.

The world’s oldest wheel was discovered in Slovenia dating from 3330 BC. Dogs and goats may have been the first domesticated animals.

In 800 AD, Chinese alchemists produce gunpowder while seeking an elixir of life.

But when it comes to “things change,” count the day when Spanish conquistador Hernán Cortés meets with Aztec ruler Montezuma in 1519.

Edward Somerset invents the first steam engine in 1663. Edward

have already been earmarked for salaries of teachers, and social services programs. The new administration may be forced to borrow money if proceeds from the excise tax on petroleum products, amounting to about P105.9 billion this year, are lost. That, to me, is an example of poor governance.

Mr. Marcos’s preferred solution is in sync with the plan of his economic team. As I’ve said in this column before, his new economic team is not a deviation from the outgoing group of President Duterte. Businessmen and foreign investors want policy continuation and a more predictable business environment.

I can confidently say that the Philippine economy is in good hands for the next six years of the Marcos presidency. The new economic team this early is plotting the Philippine growth strategy based on what has been achieved by the outgoing administration.

Outgoing Bangko Sentral ng Pilipinas Governor and incoming Finance Secretary Benjamin Diokno will be at the helm of the economic team. One of the major economic goals of the incoming Marcos administration is attaining an “A” investment grade rating that will lower the borrowing cost and lure more foreign investors.

If not for the global health crisis, the Duterte administration could have achieved this goal. The Philippines was on its way to an A-level credit rating before the pandemic

Jenner created the first vaccine for smallpox in 1796. Pavel Schilling invented an electromagnetic telegraph in 1832. The Suez Canal linking the Mediterranean and the Red Sea opened in 1869. These events have changed the entire world forever.

If you want a starting point—and prime trigger—for the geopolitical and economic world of the past 100 years, it is June 28,1914 with the assassination of Archduke Franz Ferdinand of Austria. The sequence of events that followed from the decolonization of Africa to the 2008 debt crisis emanated from that day in 1914.

There are many that think the pandemic was merely a bump in the timeline of history and soon things will return to normal. Today is the “normal.” There will never be a return to the way life was in 2019.

As the Suez Canal changed global trade forever, so also has the pandemic. No longer will we depend on China for timely delivered manufactured goods. We cannot even depend on French fries from the US. Matthew 24:6-13: “You will hear of wars and rumors of wars, but see to it that you are not alarmed.” Sorry.

Things changed. Wars always disrupted trade, and economic warfare always existed. But the 21st century

struck. The outgoing economic team led by Finance Secretary Carlos Dominguez III conceded that the Covid-19 pushed back the goal temporarily.

A better tax administration and a fiscal consolidation plan are the key to achieving the “A” investment grade rating. The Philippines may just achieve this under the Marcos administration. International credit rating agencies have been confident of the Philippine economic growth story despite the damage done by the pandemic.

They have kept the BBB investment grade rating on the Philippines on several occasions compared with the series of downgrades on several advanced and emerging economies.

Credit rating agencies respect the nation’s strong fundamentals and adequate buffers against external shocks. Our international reserves are at a healthy level of $103.65 billion as of end-May, while foreign exchange receipts from overseas Filipino workers and dollar income from business process outsourcing companies remain robust.

The smooth transition from the Duterte administration to the Marcos administration will help our cause to achieve the coveted “A” credit rating.

We have a popular president, and I’m sure this huge mandate from the electorate will bear economic fruits.

For comments, send e-mail to mbv_secretariat@vistaland.com.ph or visit www.mannyvillar.com.ph

“inter-connectedness” of the global financial and banking system—basically controlled by the US—changed the rules. This system will never be the same again.

The inauguration of Bongbong Marcos as the 17th Philippine president is scheduled at around noon on Thursday. Protestors will call the new president a puppet of the US (or China) as they have at every inauguration for the past 25 years.

“Poverty” will take center stage like an aging beauty queen who never got the crown.

But President Marcos will lead the Philippines in a world that has never existed before. International relations have been upended for every nation. It was unthinkable that food security would now be an issue even for the US and Europe.

“To a Mouse, on Turning Her Up in Her Nest With the Plough” is a Scots-language poem written by Robert Burns. The English translation of one verse is, “The best-laid schemes of mice and men often go wrong, and leave us nothing but grief and pain.”

E-mail me at mangun@gmail.com. Follow me on Twitter @mangunonmarkets. PSE stock-market information and technical analysis provided by AAA Southeast Equities Inc.

Opinion BusinessMirror

www.businessmirror.com.ph

Tuesday, June 28, 2022 A15

Atty. John Laylo was here The president as a cabinet member Manny F. Dooc

Susan V. Ople

TELLTALES

Scribbles June 12, 11:28 a.m., via Messenger.

JAL: “Hi, Ma’am! Baka may kelangan kayong health stuff here from the US? Like vitamins/supplements?”

Me: “Asa US ka?”

JAL: “Opo, Uwi ko end of the month.”

Me: “Oo, may kailangan ako na pang calcium sana and also electrolytes. Kunin ko names sa doctor ko.”

JAL: “Sige po. Balik ako sa California sa 21. I can get at CVS.”

M

Y dear, dear selfless friend, Atty. John Albert Laylo (“Jal”) will be coming home this week, no longer upright as an excited though weary passenger, but in a box, cold and lifeless.

He is the latest victim of violence in the United States, when on an early morning Saturday, hoodlums in a car shot at the Uber vehicle that was taking Jal and his mom, Leah, to the Philadelphia airport.

Police sources say it may have been a case of mistaken identity, with the gunmen chasing the wrong car.

John was in the US for a welldeserved vacation. Had not for that fatal bullet, he would have been a superb addition to my team at the Department of Migrant Workers (DMW). I trusted him that much, and saw in him the desire to serve the under-privileged.

When did I become friends with John? It was around 2004 after I left government as head of the presidential speechwriting group when then senator Mar Roxas recruited me to work for him as communication adviser, and later on to be his chief of staff in the Senate.

John was a hardworking member of Mar’s staff, and we instantly clicked because of his openness and affable personality.

Jal, as we fondly called him, has a face with a thousand and more expressions. Sometimes, he had this crooked smile that would instantly morph into a frown, depending on the flow of the conversation. He was opinionated, frank but always well-intentioned. He was trustworthy and a man of warmth, kindness and deep spiritual faith. I will miss his laughter, most of all. Unpretentious, this guy, Jal. Long after I left Mar’s team, John and I kept in touch. He was like my little brother. He was also close to my daughter, Estelle, and to Monica Mitra, another good friend of ours. We may not have met often, but we remained digitally connected. And so, his offer to buy my vitamins from CVS while on vacation in the US was typical Jal behavior.

I asked his uncle, Junie Laylo of the highly respected Laylo Research outfit, about John, and this was what he said.

“Jal was the inquisitive ‘apo’ who would follow his Lola Letty into campaigns during elections.

He experienced what it meant to be in the middle of a national campaign at such a young age. He always admired Lola Letty and what she does, coining Jal as her “political apo.” He was always a passionate young man who never fails to stand for what he believes in and with that, being a lawyer came

naturally to him. He stood by his convictions and fought for what he knew was right.”

Junie’s mom, Letty Laylo, used to be the social secretary of senate president Arturo Tolentino and was very active in the political scene.

Those childhood memories of Jal with his Lola Letty may have influenced his love for politics and stirred his desire to make a difference in the world.

The gunmen felled a hero, in the eyes of Thea Laylo, the victim’s youngest sister. In a private message to this writer, Thea wrote that it was John who made sure she was okay after the latter received a diagnosis of having a bipolar disorder.

John was then studying abroad for a master’s degree. Despite a 14-year age gap, he kept close tabs on Thea, encouraging her always to go for her dreams. He was also a doting uncle to sister Ann Lorraine’s kids, buying them treats whenever he could afford to do so.

My heart goes out to Leah, who was obviously Jal’s favorite person in the world. In her Facebook post, she said: “My son has a lot of dreams, a lot of plans, hopes and everything! He’s gone now. I can’t explain the pain, the heaviness I have in my heart. It took me hours to post this because still I can’t believe this happened!”

To see your child shot by complete strangers and having no power at all to deflect those bullets, would be every mother’s nightmare. It happened to Leah, and it could happen to someone else unless this crime is solved and true justice is rendered. To Jal’s family, especially his parents, we convey our sincere condolences.

Violence is the only road paved with the darkest, vilest intentions.

Even in death, Jal had a purpose.

He died to remind us all that life is fleeting, and justice must not be allowed to turn cold, like a victim’s lifeless body.

Someone killed Jal that day, but he never could and never will take away the marvelous 35 years that my good friend lived to the max. Atty.

John Laylo was here, and he will be loved and remembered, through us, that knew him well.

Susan V. Ople heads the Blas F. Ople Policy Center and Training Institute, a nonprofit organization that deals with labor and migration issues.

She also represents the OFW sector in the InterAgency Council Against Trafficking.

She recently accepted the offer of incoming President Ferdinand "Bongbong" Marcos Jr. to head the Department of Migrant Workers.

T

he president is the head of our government. Among others, “the President shall have control of all the executive departments, bureaus, and offices.” (Sec 17, Article VII, Executive Department, Philippine Constitution). This plenary power of the president was amply demonstrated when incoming President BBM announced on Monday, June 20, that he would temporarily assume the post as secretary of Agriculture.

In a press conference, the incoming president said that “as to agriculture, I think that the problem is severe enough that I have decided to take on the portfolio of secretary of Agriculture, at least for now.” This move undoubtedly shows that the incoming administration is seriously concerned about the urgency of the looming food insufficiency. Very clearly, the new administration will give priority to agriculture and food production. Judging from what he has said during the press conference, it seems that President-elect BBM has already studied and identified the most pressing problems facing the agriculture sector. For instance, he pointed out the need to increase rice production and the reorganization of the Department of Agriculture and its attached agencies such as the National Food Authority, the Food Terminal Incorporated, and the Kadiwa Program. He has expressed alarm over the report that Vietnam and Thailand, our two major suppliers of imported rice, have a plan to form a rice export cartel or ban their rice exportation.

Moreover, during the campaign, he promised to lower the cost of rice to P20 per kilo. His designated secretary of Land Reform, Representative Conrado Estrella III, quickly rejected the idea and said that

bringing down the price of rice to such a level would be unachievable at this time. It is interesting to see if President-elect BBM can deliver on his promise now that he will be running the Department of Agriculture. Can he also stop the importation of fish and have our fisherfolk catch more fish? When Ferdinand Marcos, Sr. (FM), President-elect BBM’s father, served as our president, his two major programs during the early part of his administration were self-sufficiency in rice, and infrastructure. It cannot be denied that the elder Marcos scored his greatest success in these two areas. How did he improve rice production? In 1973, a flagship agricultural program called “Masagana 99” was launched

by FM to address the country’s acute rice shortage. In the early ’70s, people made long lines just to buy two kilos of rice from the governmentauthorized rice distribution centers. There was not enough rice for everyone, and people were starving.

To improve the yield per hectare of riceland, the program introduced high-yielding varieties and low-cost fertilizers and pesticides. Over time, it succeeded in increasing the yield and averted hunger and the threat of civil unrest. Agriculture Secretary Arturo Tanco credited the success to agricultural technology and FM’s political will to overcome potential

food crises. Massive credit facilities were made available to the farmers who participated in the program. The rural banks took the risk by lending to the farmers. Most banks suffered from low loan repayment, and there was a lack of farm technicians to teach the farmers new technology.

At the end of the day, the program was not sustained until it was discontinued a couple of years before FM was ousted from Malacañang. Can President-elect BBM replicate FM’s early success in dealing with the rice shortage that confronted his father in his time? Has he learned from the lessons of Masagana 99 to avoid its pitfalls? The funds collected from rice tariffication can be deployed and augmented to support any new scheme, which President-elect BBM and his own technocrats can formulate to promote food sufficiency. His problem is compounded by the poor catch of our fishermen. This is partly caused by restrictions imposed

by Chinese armed vessels that prevent Filipino fishermen from catching fish within our territorial jurisdiction. So the problem is not just poor logistics such as less powerful boats and inadequate navigational equipment, but also geopolitics. Maybe former First Lady Imelda Marcos should step in since, as described by President-elect BBM, China is the strongest partner of the Philippines and that Beijing cannot find a greater champion than his mother.

The president is not prevented under the law from holding a cabinet portfolio. Under our Constitution, he has control of all the executive departments. He is the chief executive and he has the responsibility to ensure that the laws are faithfully executed and implemented. It will be an abandonment of duty and a betrayal of public trust if he does not. The president appoints, removes, and disciplines all officials under him, including the members of his cabinet. However, he may not remove officials appointed by him or her who are subject to removal only

Taxability of private educational institutions Atty. Rodel C. Unciano

Tax Law for Business

T

he educational system is a vital component in the economic development of any country. In the Philippines, no less than our constitution recognizes this role of the education sector.

Consistent with this policy, the State does provide special tax treatment to certain class of educational institutions.

Pursuant to the Corporate Recovery and Tax Incentives for Enterprises Act and as clarified by Republic Act 11635 and as circularized recently in Revenue Memorandum Circular (RMC) 78-2022, proprietary educational institutions that are considered a corporation shall pay a tax of 10 percent on their taxable income, provided that beginning July 1, 2020 until June 30, 2023, the tax rate imposed shall be one percent. If the gross income of the proprietary educational institution from unrelated trade, business or other activity exceeds 50 percent of the total gross income derived from all sources, the regular corporate

income tax shall be imposed on the entire taxable income.

The term “unrelated trade, business or other activity” means any trade, business or other activity, the conduct of which is not substantially related to the exercise or performance by such educational institution of its primary purpose or function. “Proprietary educational institution” means any private school maintained and administered by private individuals or groups with an issued permit to operate from the Department of Education (DepEd), or the Commission on Higher Education, or the Technical Education and Skills Development Authority,

as the case may be, in accordance with existing laws and regulations.

As circularized in RMC 78-2022, the income of an individual, trust, or estate that owns the proprietary educational institution as a sole proprietor, is taxable under Sections 24 and 25 of the Tax Code, and the applicable tax rates shall depend on the citizenship and residence of such individual, trust, or estate. The income of a corporation that is not organized as domestic corporation but is classified as resident foreign corporation, is taxable under Section 28(A) of the Tax Code, All revenues and assets of nonstock, non-profit (NSNP) educational institution used actually, directly and exclusively for educational purposes shall be exempt from taxes and duties, pursuant to Paragraph 3, Section 4, Article XIV of the 1987 Constitution, and as reiterated in Section 30 of the Tax Code. As circularized in RMC 782022, the NSNP educational institution must comply with the following requisites in order for the constitutional exemption to be enjoyed: 1) the school must be non-stock and non-profit and 2) the income is actually, directly and exclusively used for educational purposes.

UK presses on with Brexit rules rewrite; EU calls it illegal

By Jill Lawless | The Associated Press

L

ONDON—Britain is ramping up a feud with the European Union by pressing on with a plan to rip up parts of the post-Brexit trade deal it signed with the bloc.

Legislation that rewrites trade rules for Northern Ireland is scheduled to get its first major House of Commons debate on Monday, the first step on what could be a rocky journey through Parliament.

The legislation, if approved by

lawmakers, would remove checks on goods entering Northern Ireland from the rest of the UK, thereby scrapping parts of a trade treaty that Prime Minister Boris Johnson signed before Britain left the EU in 2020.

Johnson said he thought the plan could be approved “fairly rapidly” if Parliament cooperates, and that the measures could become law by the end of the year.

“What we are trying to do is fix something that I think is very important to our country, which is the

by impeachment as provided under Article XI of the Constitution. The cabinet members are his alter ego. In Villena v. The Secretary of Interior, the Supreme Court held that “in the case of heads of various departments, their personality is in reality but the projection of that of the President.” Their acts “performed and promulgated in the regular course of business, are, unless disapproved or reprobated by the Chief Executive, presumptively the acts of the Chief Executive.” They perform the duties and responsibilities otherwise reposed upon the president. The president delegates to his cabinet members the official functions that pertain to his office. It follows that what he can delegate, he can directly perform. In the case of the president, the Constitution expressly provides that the vice president may be appointed as a member of the cabinet and such appointment requires no confirmation.

I cannot recall any other president who had taken up a specific cabinet position. He might have pursued a particular cause or advocacy, which pertained to a particular department or office and made it a centerpiece of his administration. For instance, the late President Ramon Magsaysay prioritized the suppression of the Huk insurgency during his term of office, but he did not hold the Defense portfolio. President Rodrigo R. Duterte declared war against illegal drugs without occupying the chairmanship of the Dangerous Drugs Board or as head of the Philippine Drug Enforcement Agency. President-elect BBM is clearly giving a strong message that the fight against food insecurity is his personal crusade. He has displayed rare political courage and decisiveness by taking up the agriculture portfolio. The task is most critical and challenging at this time and he definitely stands to lose big if he fails. It will be the first acid test of his presidency. If he succeeds, it will go a long way in repairing the tarnished image of his family.

balance of the Belfast/Good Friday Agreement,” Johnson told reporters at the Group of Seven summit in Germany.

The British government says the rules are burdening businesses and undermining peace in Northern Ireland. It argues the unilateral move is justified under international law because of the “genuinely exceptional situation.”

Northern Ireland Secretary Brandon Lewis said Sunday that the aim was to “fix,” rather than throw out,

the trade agreement, known as the Northern Ireland Protocol.

Johnson’s opponents, however, say the move is illegal and will shred Britain’s international reputation. It is also causing concern among some of the prime minister’s fellow Conservatives, already worried about Johnson’s judgment—and popularity—following a series of ethics scandals and two special election defeats.

The EU has threatened to retaliate, raising the specter of a trade war

between the two major economic partners.

The bloc’s ambassador to Britain, Joao Vale de Almeida, said Britain’s plan was “illegal because it is a breach of international law, a breach of EU law, UK law and international law.”

“It is a treaty that we signed, ratified and even went through a general election in this country,” he told Times Radio.

Northern Ireland is the only part of the U.K. that shares a border with an EU country, Ireland. When Brit-

Domestic non-stock non-profit educational institution whose net income or asset accrue/inure to or benefit any member or specific person shall be subject to the 10 percent preferential income tax rate, provided that beginning July 1, 2020 until June 30, 2023, the tax rate imposed shall be one percent. If the gross income of NSNP educational institution from unrelated trade, business or other activity exceeds 50 percent of the total gross income it derived from all sources, the regular corporate income tax shall likewise be imposed on the entire taxable income of the institution.

Giving tax relief to private educational institutions is consistent with the government’s objective of making quality education accessible to all.

The author is a partner of Du-Baladad and Associates Law Offices (BDB Law), a member-firm 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 rodel.unciano@ bdblaw.com.ph or call 8403-2001 local 140.

ain left the European Union and its borderless free-trade zone, the two sides agreed to keep the Irish land border free of customs posts and other checks because an open border is a key pillar of the peace process that ended decades of violence in Northern Ireland.

Instead, to protect the EU’s single market, there are checks on some goods, such as meat and eggs, entering Northern Ireland from the rest of the UK. Frank Griffiths contributed to this report

A16 Tuesday, June 28, 2022

PRRD ON HIS FATE IN AN ICC PROBE RESUMPTION: SO BE IT

By Manuel T. Cayon @awimailbox Mindanao Bureau Chief

D

AVAO CITY—So be it.

This was the statement of outgoing President Duterte in expectation of any outcome of a plan of an International Criminal Court prosecutor to resume investigating the Duterte administration’s war on drugs.

In his speech after the inauguration of his youngest son, Sebastian, as mayor of this city, Duterte said he would face a tribunal to investigate into alleged excesses in the anti-illegal drugs war, which he waged relentlessly in his first three years in power, but which human-rights groups claim needlessly killed thousands of people.

“I am a Filipino and if ever I am prosecuted, so be it,” he said.

However, he laid out conditions on the entire prosecution process: that the prosecutor should be a Filipino and the tribunal must be presided by Filipinos.

And if he ever gets convicted, he said he wants to be sent to the national penitentiary in Muntinlupa “and rot there to kingdom come.”

As in the early days of his anti-illegal drug war campaign that dated back in 1986

Duterte ends term as most popular post-’86 president

P

By Jovee Marie N. dela Cruz

@joveemarie

DUTERTE

RESIDENT Duterte will end his 6-year term as the most popular president of the postEDSA I era, a latest PUBLiCUS survey showed.

when he became mayor, he said he has nothing to wish for than to “clean this city of criminals.”

In random statements to explain the bloody war on drugs, he said he wanted to reclaim the streets from the criminals and make these available to lawabiding citizens.

“You, Dabawenyos, knew why I have to wage this war against drugs,” he said. He recalled this city would always be hounded by reports about drug addicts raping their mother, or their sister or their children.

“Sa panahon ko [In my time], I will not give you an inch,” he said. He insisted he was an equal-opportunity punisher, and he has also exposed the wrongdoing of the rich.

In the PAHAYAG Second Quarter Survey (PQ2 2022) conducted by PUBLiCUS Asia Inc. from June 16 to 22, 2022, PUBLiCUS said 75 percent of respondents approved or strongly approved Duterte’s job performance during his six-year term.

Atty. Aureli Sinsuat, Executive Director of PUBLiCUS, said these numbers indicate that President Duterte will leave office as the most popular president of the post-EDSA I era.

“No other president who served under the 1987 Constitution has ended his or her term with majority approval and trust ratings, much less a supermajority of public support,” he said in a statement.

Moreover, 10 percent said they disapprove or strongly disapprove of the President’s performance

since 2016, the PUBLiCUS added.

In the same survey, 69 percent of respondents rated their trust in Duterte as high or very high.

It added that only 11 percent said they put little or no trust in Duterte.

’Most impactful’

ALSO, the survey quoted 75 percent of respondents saying the overall impact of the Duterte administration on national development was slightly or very positive—identical to the outgoing president’s total approval rating.

The survey said all the administrations apart from the Duterte administration registered total positive shares below the 30-percent mark.

PUBLiCUS said the second-highest positive impact rating among

post-EDSA I administrations was notched by Duterte’s predecessor, the late President Benigno S. “PNoy” Aquino III. It recalled that 27 percent of respondents said the Aquino III administration had a positive impact on the development of the Philippines. The administrations of Fidel Ramos, Gloria MacapagalArroyo, Corazon Aquino, and Joseph Estrada have recorded positive impact ratings of 24 percent, 22 percent, 20 percent, and 14 percent, respectively.

“The data suggest that public sentiment on the policy achievements of the Duterte administration is exceptionally positive, especially in comparison to previous administrations,” Sinsuat said.

“Based on our numbers, we can expect President Duterte to retain an unprecedented amount of political capital for a former president when he leaves Malacañang on June 30. When private citizen Duterte speaks up on the issues, many will listen. When he endorses a candidate, many will vote for them,” Sinsuat added.

Sotto in second place

ALSO, the survey said Senate President Vicente Sotto III comes in at

second place with his 45-percent total approval share and 16 percent disapproval rate.

Sotto is followed by Vice President Leni Robredo with a total approval rating of 37 percent. On the other hand, Robredo’s 37-percent disapproval rating is, by far, the highest among the top government officials.

In the House of Representatives, Speaker Lord Allan Velasco had an approval rating of 28 percent and disapproval score of 17 percent, while Chief Justice Alexander Gesmundo recorded an approval share of 27 percent and a disapproval rating of 14 percent.

The PUBLiCUS said 1,500 registered Filipino voter respondents who participated in the survey were randomly sampled by PureSpectrum, a US-based panel marketplace with multinational presence, from their national panel of more than 200,000 Filipinos. The sample-wide margin of error is +/3 percent.

It also said that the samples provided by PureSpectrum are not affiliated with any bias or political party, saying all opinions voiced in the interpretation and analyses of the data are those of the writer and/or project sponsor.

G7 urged to cancel debts as developing countries reel from loan burdens

By Cai U. Ordinario @caiordinario

A

S the debt of developing countries like the Philippines continued to increase, civil society organizations (CSOs) called on G7 countries and national governments to cancel debts and repeal automatic debt appropriations.

Freedom from Debt Coalition president Rene Ofreneo said G7 countries should cancel illegitimate debts. Asia’s debts have reached over $1 trillion while the country’s own external debt reached $109.8 billion at the end of March.

Ofreneo stressed the need to repeal the automatic debt appropriation law and called for “an independent, transparent and inclusive citizens debt audit” to weed out illegitimate debts.

“Under the Automatic Appropriations law enacted by the Marcos dictatorship, the Filipino people automatically pay for loan-funded fossil fuel projects that are destroying their environment and for largescale infrastructure projects that are displacing communities and wrecking local livelihoods,” the CSOs said in a statement.

The Asian Peoples’ Movement on Debt and Development (APMDD) Coordinator Lidy Nacpil said many developing country governments spent more on debt service payments to G7 countries “than on peoples’ needs.”

Nacpil added that climate finance for adaptation, mitigation and loss and damage have also been provided largely through loans to G7 countries.

“In truth, rich countries owe us a huge climate debt that is far beyond the pledged $100 billion in climate finance, which remains unfulfilled to this day. Climate change will cost South countries up to $6 trillion by 2030 if rich countries fail to pay their climate debt,” Nacpil said.

APMDD said low- and middle-

income countries remain in the grip of the crises intensified by the pandemic, with millions pulled into absolute poverty in only the last two years.

Asian countries alone face $1.23 trillion in public external debts, of which $750 billion is owed to private lenders and $482 billion to official lenders such as the International Monetary Fund, World Bank and other governments.

Nacpil stressed that G7 countries are among the “world’s largest historical and continuing greenhouse gas emitters” and were “principally responsible” for the climate crisis. She said G7 countries should go beyond the $100-billion financing they committed to.

“They must include both direct and indirect financing, must leave no room for loopholes and exceptions, and should translate to a rapid shift of public finance to clean and renewable energy. Further, they should deliver on their full climate finance obligations and fair shares of global climate actions,” Nacpil said.

APMDD protested near the German Embassy in the Philippines on Monday and symbolically repudiated the debts claimed from Asian developing countries.

Protesters ripped a mock foreign debt bill representing Asia’s debt amounting to more than US$1 trillion and the Philippines’s external debt of $109.8 billion as of March 2022.

APMDD members in Indonesia, India, Bangladesh, Pakistan and Nepal also mounted protest actions on Monday, highlighting the demand for debt cancellation amid the economic, health and climate crises faced by their peoples.

APMDD’s coordinated activity joined mobilizations worldwide that are taking place as part of the Days of Action from 24-28 June, which are timed with the ongoing G7 Summit hosted by Germany.

IN these Wednesday, June 22, 2022, images provided by Caladan Oceanic, the pilot house section (left) and the aft gun mount of the USS Samuel B. Roberts can be seen underwater off the Philippines in the Western Pacific Ocean. The Sammy B. took part in the Battle off Samar, the final phase of the Battle of Leyte Gulf in October 1944. According to some records, the destroyer disabled a Japanese heavy cruiser with a torpedo and significantly damaged another. After having spent virtually all her ammunition, she was critically hit by the lead battleship Yamato and sank. Of a 224-man crew, 89 died and 120 were saved, including the captain, Lt. Cmdr. Robert W. Copeland. The US Navy destroyer that engaged a superior Japanese fleet in the largest sea battle of World War II in the Philippines has become the deepest wreck to be discovered, according to explorers. CALADAN OCEANIC VIA AP

New DOT chief Frasco gets warm welcome

By Ma. Stella F. Arnaldo

@akosistellaBM Special to the BusinessMirror

T

HE newly appointed Secretary of the Department of Tourism (DOT) underscored the need for synergy between the local government units (LGUs) and the national government in the development of tourism destinations.

In a brief press conference on Monday, Tourism Secretarydesignate Christina Garcia Frasco said, “It is imperative that in crafting national policy, we must seek the practical knowledge of those who are at the front lines.”

She added, “I intend to be a listening Tourism Secretary. To listen to the hopes and aspirations of our LGUs as far as the

development of their respective tourist destinations, and to find a way to make their desires cohesive as well with the overarching desire of the administration of President-elect Marcos to expand countryside development, to further develop our country as a tourism destination, and to give equal opportunities to all.”

Tourism stakeholders hope Frasco’s long experience as a mayor of Liloan, Cebu will enable her to push one of DOT’s main tasks— the accreditation of tourism establishments, enterprises, transport services, and tour guides—and help upgrade their skills to service their guests safely and comfortably.

DOT estimates only 50-60 percent of tourism establishments in the country have been accredited by the

agency; many LGUs issue business and construction permits to hotels and resorts without requiring DOT accreditation, despite a memorandum order from the Department of the Interior and Local Government.

Meet and greet

FRASCO was warmly welcomed by DOT employees as she visited their office for the first time. They gave her a bouquet of flowers and a cake, while she gamely posed for selfies, herself holding up the employee’s phone camera. She then met with DOT’s main officials, among them the undersecretaries, assistant secretaries, heads of the attached agencies, and regional directors.

According to one of those who attended a meeting with the new boss, “I’m happy and grateful to

note she is quite grounded, gracious, and highly intelligent. In her spontaneous speech, she committed to harvest existing good programs, identify gaps to improve on, and underscored the need to ensure programs are felt by way of taking care of stakeholder needs, both from the private sectors.”

The source added, “Her speech was substantive even if brief, as she set the policy direction of the DOT. And she really had an air of humility and sincerity.”

Said another, “The meeting was cordial and friendly. The intent to help is there. Maybe she just needs to learn further the operational details of the agency. Her focus is really on partnership and good governance.”

See “Frasco,” A2

Companies BusinessMirror

Editor: Jennifer A. Ng

Tuesday, June 28, 2022

MPIC buys majority stake in Carmen’s Best Group

By VG Cabuag

C

@villygc

onglomerate Metro Pacific Investments Corp. (MPIC) has acquired a controlling stake in the company that makes Carmen’s Best ice cream owned by the Magsaysay family.

MPIC said it has bought a 51-percent stake in the Carmen’s Best Group for about P198 million. The company hopes to grow the brand locally and eventually export it.

The acquisition involved Carmen’s Best Dairy Products Inc., C a r men’s B est Inter n at ion a l Dairy Company Inc., Real Fresh Dairy Farms Inc. and The Laguna Creamery Inc. The Carmen’s Best Group, which

is also into selling locally pasteurized milk and cheeses, will retain the 49 percent equity interest.

The president and CEO of the revamped Carmen’s Best following the acquisition will come from MPIC and the chief operating officer will come from the Magsaysay Group.

“Basically, it’s a farm to market business. In the future it can be sold internationally because it is a good product,” said Manuel V. Pan-

gilinan, chairman, president and CEO of MPIC. Pangilinan noted that there is a business potential on the higher end of the ice cream and dairy products market in the Philippines.

Francisco D. Magsaysay, president of Carmen’s Best, said since they estalished the business 11 years ago, their ice cream is priced higher compared with other brands as it is expensive to make.

“We’ve lasted 11 years without sacrificing the quality,” Magsaysay said. “Carmen’s Best has always had family at the heart of its brand— from the humble beginnings of my father and his friend’s dairy farming project, to the touch of creativity I added to turn it into a modest ice cream business.”

“This union makes us appreciative that MPIC sees the value of what we already built, while also elevating Carmen’s Best to a level beyond what we envisioned.”

The said transaction values the company at about P288 million.

Earlier this year, MPIC announced that it is seeking to ramp up investments in the agricultural sector and reduce the country’s dependence on food imports amid ongoing global supply chain disruptions and high inflation.

This transaction presents a significant growth opportunity for MPIC and the Philippines, as the country currently imports 99 percent of its annual dairy requirements.

“The agricultural sector presents a wide range of possibilities that can help us achieve several goals –to strengthen the food supply chain and augment the accessibility of resources for all Filipinos as well as provide more opportunities for growth in an otherwise underserved business.

Ultimately, the country should aim for substantial independence in food. And we must feed our people first,” Pangilinan said.

Globe intensifies anti-spam drive

By Lenie Lectura @llectura

G

lobe Telecom Inc. reported Monday that it has blocked over 138 million spam and scam messages in its network from January to June 15 this year.

The anti-spam blocking peaked in May, with 74.48 million total unwanted messages filtered out. The total figure includes app-to-person and person-to-person messages of both local and international origin, Globe said.

The digital solutions platform also deactivated 12,877 mobile numbers from January to May due to

CPG to focus on affordable homes

C

entury Properties Group Inc. (CPG) said it will focus on the affordable housing sector, while completing its remaining high-rise developments.

“As industry watchers, we have reported shifts in the property preferences of the market post-pandemic, one finding is that we have seen a sustained interest in house and lot options and thoughtfully planned vertical communities in key business and growth areas around the country.

“New standards in living and lifestyle inclinations have developed that we wish to serve via resuming launches of our in-city products,” CPG President and CEO Jose Marco R. Antonio said in his report during the company’s annual stockholders meeting.

“And now we are looking towards the future where he and we will continue to manage operational risks through the introduction of new projects that are less capex [capital expenditures] heavy, and have a shorter cash cycle. We hope to continue and target more end users which is Century’s market historically.” VG Cabuag

spamming out of customer reports via Globe’s Stop Spam web portal.

“Many Filipinos were quick to adopt all things digital. Unfortunately, with the increase in adoption, the cyber security landscape has become bleaker. A lot of attacks have happened over the past 10 years but the pandemic has been a force multiplier,” said Anton Bonifacio, Globe Chief Information Security Officer.

“This is why we have intensified even more our efforts to block spam messages through a stringent filtering system. We are also glad that the public has been vigilant, making use of our reporting portal to flag these unwanted messages.”

Globe started its cyber security transformation journey in 2014 by building its capabilities to prevent attacks and threats to its infrastructure and protect its customers. It has a security operations center that works 24/7 to fend off and detect attacks or breaches very quickly and over 100 people dedicated to cyber security efforts.

In February, the company announced that it blocked a total of 1.15 billion scam and spam messages, around 7,000 mobile numbers linked to scammers, and 2,000 unofficial social media accounts and phishing sites last year.

Globe said it invests in tools to

proactively detect suspicious content on the internet to protect its employees and customers from online attacks. Reporting tools and processes were also enabled for employees, customers, and partners to immediately capture customer concerns on fraud and scams.

The company had also collaborated with all major commercial banks and online retailers in the country to ensure quick and efficient handling of spam and fraud.

Partners are provided with a direct and round-the-clock communication channel to report malicious or fraudulent activities for immediate investigation and blocking.

Empire East closes 2021 with best developer win and 52% net profit

R

eal estate pioneer Empire East Land Holdings Inc. finishes 2021 strong, reporting P797.1-million net profit.

“The pandemic has stressed the need for affordable and quality homes, which Empire East currently offers,” shared Empire East President and CEO Anthony Charlemagne C. Yu during the recent Empire East Annual Stockholders’ Meeting. “Since its inception, Empire East has established itself as a developer that listens and delivers homes that cater to the market’s needs.”

The company’s dedication to supplying the needs of its target middle to the upscale housing market yielded a 52-percent net profit in 2021. Its lineup of accessible and affordably luxurious homes, such as transitoriented developments, urban resort homes, and integrated townships, trademarked Empire East as one of the top developers in the country.

Empire East properties across Metro Manila pulled a strong P10.07 Billion in reser vation sales during the pandemic, a 12.6-percent jump compared to its 2020 counterpart.

“It’s a strong statement of our expertise, excellence, and com-

Empire East President and CEO Anthony Charlemagne C. Yu

mitment to homebuyersfor almost 28 years,” shared Yu. “2021 is the year we continue moving forward; we continue to demonstrate flexibility by adapting to the new normal as we remain productive and efficient in serving our customers.”

Empire East reflects these resilient traits in its upcoming integrated community, Empire East Highland City in Pasig-Cainta.

The 37-tower residential community was also recently awarded the Best Township Development at the recent Carousell Property Awards due to its strategic location, value for money, and unique “luxuriously affordable” offers.

Yu explained that the company had planned the success of award-winning Empire East Highland City before the pandemic hit the country. “We draw strength from our vision and previous accomplishments, and our existing values and experiences contribute to our victories in the past 28 years.”

Empire East Land Holdings Inc. has been developing awardwinning communities since 1994.

In time for its 28th-anniversary celebration this year, the company continues to build exceptional homes and sustain healthy communities for homeowners across Metro Manila up to Sta. Rosa, Laguna.

Empire East Highland City features a master-planned elevated community that bridges the bustling Ortigas CBD to the scenic sights of Rizal. In 2022, the development opened Arcadia Tower 3 for reservations. Learn more about this development at empireeasthighlandcity.com.

B1

DTI, Jollibee team up for digital campaign

By Andrea E. San Juan @andreasanjuan

T

he Department of Trade and Industry (DTI) has named fast-food giant Jollibee Foods Corp. (JFC) as its new partner for the agency’s campaign which will showcase local goods and services.

“With the new partnership, Jollibee is set to create digital content and promote the #FlexPHridays campaign across their social media channels and feature selected DTIendorsed micro, small and medium enterprises (MSMEs) in the campaign,” the agency said in a statement on Monday.

“Every week, different products and services will be promoted via social media including clothing, accessories, and furniture, among others.”

The DTI noted that JFC is a strong supporter of small businesses and has been involved in promoting agro-entrepreneurship for years, advocating for small-scale farming communities through the Farmers Entrepreneurship Program of the Jollibee Group Foundation.

“The DTI’s Go Lokal national advocacy campaign—through #FlexPHridays—has been integral to the Department’s whole-of-society initiative to promote and support local businesses amid the pandemic’s impact on the country’s economy. We are glad that Jollibee, a well-loved Filipino brand, is our new partner in this endeavor,” said Trade Secretary Ramon M. Lopez.

As a response to the Covid-19 pandemic, the Trade department launched the Buy Local, Go Lokal advocacy campaign program in 2020 to

BusinessMirror file photo

increase the demand for local goods, services and fresh produce.

The DTI said the #FlexPHridays campaign is an offshoot of the Buy Local, Go Lokal campaign to widen its reach. The said campaign, which was launched on April 25, leverages on the “flex” culture on social media to boost support for local businesses.

The outgoing trade chief said, “Capitalizing on the online behavior of consumers, DTI’s #FlexPHridays advocacy campaign invites all Filipino consumers to flex or showcase products they’ve purchased from local businesses.”

“The campaign aims to make this a Friday habit to encourage everyone to purchase locally-made products and express pride in the quality of Filipino products.”

The DTI said #FlexPHridays is a user-generated campaign (UGC) that enables individuals with social media accounts to be part of the campaign where they create and share content through multimedia tools such as pictures, videos, tweets, and blog posts.

The agency said it continues to establish strategic ties with retailers, manufacturers, industry associations, local government units, and government agencies to ensure the sustainability of the campaign.

B2

Companies BusinessMirror

Tuesday, June 28, 2022

NGCP’s mode of ownership dispersal secures ERC nod

T

By Lenie Lectura

@llectura

he Energy Regulatory Commission (ERC) has cleared the mode of ownership dispersal pursued by the National Grid Corporation of the Philippines (NGCP) last year.

In an order promulgated last June 21, the ERC said NGCP has complied with the dispersal of ownership requirement provided under Section 8 of the Republic Act (RA) 9511 based on Synergy Grid & Development Philippines Inc.’s (SGP) indirect ownership of 40.2 percent of the outstanding capital stock of NGCP. “The motion raised by NGCP is hereby granted and it is hereby compliant with Section 8 of RA 9511,”

the ERC ruled, adding that it did not limit NGCP’s manner of compliance with the listing requirement.

Under NGCP’s franchise, NGCP can undertake public listing or in substitution, submit proof of the listing of any company that owns or controls at least 30 percent of NGCP’s outstanding capital stock.

This can be done through the share swap transaction and follow-on offering of 20 percent of SGP’s shares.

“NGCP resorted to the second mode of compliance provided under Section 8 of RA No. 9511,” said the ERC, referring to “the listing in the PSE [Philippine Stock Exchange] of any company which directly or indirectly owns or control at least 30 percent of the outstanding shares of stock of NGCP.” This mode of ownership dispersal required NGCP to establish that SGP is listed in the PSE, that SGP should indirectly or directly own or control NGCP shares, and that the ownership of NGCP shares by SGP should at least represent 30 percent of the outstanding shares of NGCP. The ERC ruled that NGCP complied.

“Therefore, when SGP acquired 67 percent of the total outstanding shares of stock of OneTaipan and Pacifica21, respectively, indirect ownership of 40.2 percent of the outstanding shares of stock of NGCP was

acquired by SGP. Considering that SGP is a company listed in the PSE, NGCP is compliant with Section 8 of RA 9511,” the ERC said.

The NGCP was granted a concession to operate the National Transmission Corp.’s (TransCo) transmission system and the grid in February 2008. The same was entered into by TransCo and Power Sector Assets and Liabilities Management Corp.

Thereafter, NGCP commenced business operations in January 2009 in accordance with its franchise law or RA 9511.

Under its franchise, NGCP is required to make a public offering of its shares representing at least 20 percent of its outstanding capital stock to the public or listing in the PSE of any company which directly or indirectly owns or controls at least 30 percent of the outstanding shares of stock of NGCP.

Okada camp denies overpayment claims

BusinessMirror file photo

By VG Cabuag @villygc

T

he group of Japanese casino mogul Kazuo Okada has denied many of the allegations of its rival board, saying these were meant to “discredit” the current management.

“Okada Manila believes that the sole purpose of these allegations is to disrupt Okada Manila’s operations,” the Japanese camp said in a statement.

Estrella Elamparo, legal counsel of the board of Tiger Resort Leisure and Entertainment Inc. (TRLEI), earlier said the group of Kazuo authorized billions of pesos in payment to Transasia Construction Development Corp.

(TCDC) to settle outstanding payables.

Elamparo said based on company records, it is TCDC that owes TRLEI some P9 billion in overpayments, contra charges and financial losses.

“Okada Manila maintains t hat t here is no proof that such a P2 billion pay ment w a s m ade to TCDC as it was never rea l ly paid. On the P9 billion in overpayments that Atty. Elamparo claims was owed by TCDC to Okada Manila, if there

was really an overpayment, Atty.

Elamparo should attribute the fault or negligence to the previous board which she now represents,” the Kazuo Group said.

It said Elamparo should have asked one of her clients, Hajime Tokuda, to verify the accusation as he was the property’s board of director in charge of construction from 2017 and until just recently when he was among those who were unseated by Okada Manila’s legitimate board, the Japanese camp said.

“Okada Manila reiterates that our current and legitimate board has nothing to do with this alleged overpayments and will in fact be conducting a series of internal audit investigations on this matter,” the Kazuo Group said.

It said the current board “does not condone any falsehood or misleading information and will take appropriate action in the proper forum to protect not only Okada Manila but also innocent third parties who have been dragged into the malicious imputations made by the counsel of the unseated board”.

In late May, a group identified with Kazuo Okada took over the casino’s premises with the help of private guards and Parañaque policemen, sparking a protest from TRLEI, which already denounced the move saying it was an “illegal and violent” takeover.

Okada is the founder and former chairman and president of Universal Entertainment Inc., the company that owns TRLEI, which in turn operates Okada Manila.

www.businessmirror.com.ph

PSE STOCK QUOTATIONS

June 27, 2022

Net Foreign Bid Ask Open High Low Close Volume Value Trade (Peso) Stocks Buy (Sell) FINANCIALs

ASIA UNITED BDO UNIBANK BANK COMMERCE BANK PH ISLANDS CHINABANK EAST WEST BANK METROBANK PB BANK PBCOM PHIL NATL BANK PSBANK PHILTRUST RCBC SECURITY BANK UNION BANK BRIGHT KINDLE COL FINANCIAL FIRST ABACUS FERRONOUX HLDG MEDCO HLDG NTL REINSURANCE PHIL STOCK EXCH SUN LIFE

43.9 118.1 8.08 85.45 26.85 6.95 49.05 7.22 16.04 17.64 56 100 19.5 90 76 2.3 3.45 0.66 2.12 0.26 0.6 186.9 2,366

44 118.9 8.09 85.5 27 6.96 49.1 7.75 18.46 17.68 56.9 115.9 19.6 91.4 76.5 2.35 3.5 0.68 2.18 0.305 0.65 188 2,378

42 119.3 8.42 87.9 26.8 7.02 49.6 7.2 18.46 17.68 55.1 100 19.5 90 75.5 2.26 3.4 0.67 2.18 0.255 0.6 190 2,366

44 119.9 8.42 87.9 27.05 7.05 49.6 7.2 18.46 17.7 56.9 100 19.5 91.5 76.85 2.38 3.5 0.67 2.18 0.305 0.6 190 2,366

42 118.1 8.01 85.05 26.75 6.96 48.65 7.2 18.46 17.68 55.1 100 19.48 89.2 73 2.24 3.4 0.6 2.18 0.25 0.6 186.9 2,366

44 118.1 8.09 85.5 27 6.96 49.1 7.2 18.46 17.68 56 100 19.5 91.4 76.5 2.34 3.5 0.6 2.18 0.305 0.6 186.9 2,366

900 1,692,900 15,400 3,093,250 291,600 109,100 736,600 6,800 100 47,400 11,830 20 6,100 302,620 5,259,910 885,000 11,000 12,000 5,000 200,000 20,000 8,160 500

38,190 200,273,276 126,322 264,692,489 7,856,420 762,254 36,132,455 48,960 1,846 838,810 662,426 2,000 118,944 27,452,444.50 384,020,767 2,053,590 38,000 7,970 10,900 50,750 12,000 1,529,080 1,183,000

INDUSTRIAL

AC ENERGY 7.78 7.79 7.38 7.79 7.38 7.79 18,934,200 144,280,658 ALSONS CONS 0.95 0.96 0.97 0.97 0.96 0.96 137,000 131,990 ABOITIZ POWER 29.3 29.35 29.5 29.6 29.3 29.35 1,518,300 44,715,860 2.13 2.14 2.02 2.15 2.02 2.13 32,278,000 67,985,960 RASLAG 0.38 0.385 0.37 0.39 0.365 0.385 2,120,000 802,750 BASIC ENERGY 16.9 16.96 17.3 17.48 16.7 16.96 897,400 15,320,978 FIRST GEN FIRST PHIL HLDG 60.05 60.45 61 61.5 58 60.05 119,590 7,251,619 MERALCO 352.8 353 357 358 353 353 124,430 44,113,674 MANILA WATER 16.82 16.98 16.72 16.98 16.7 16.98 55,500 935,294 3.06 3.09 3.05 3.09 3.01 3.09 545,000 1,662,570 PETRON 4.62 4.85 4.85 4.85 4.85 4.85 5,000 24,250 PETROENERGY PHX PETROLEUM 9.51 9.91 9.79 9.95 9.51 9.91 10,300 99,911 SYNERGY GRID 12.16 12.2 12.3 12.3 12.16 12.16 2,004,300 24,521,060 PILIPINAS SHELL 17.56 17.78 18.02 18.02 17.1 17.78 54,500 951,938 8.98 9.1 8.89 9.16 8.89 8.98 162,400 1,459,164 SPC POWER 1.64 1.65 1.57 1.67 1.57 1.65 101,359,000 165,468,740 SOLAR PH 4.78 4.79 4.63 4.79 4.62 4.79 2,144,000 10,143,680 AGRINURTURE AXELUM 2.23 2.3 2.23 2.3 2.23 2.3 210,000 481,250 CNTRL AZUCARERA 10 10.08 10.12 10.12 10 10.08 13,100 131,620 CENTURY FOOD 21.95 22 22.2 22.75 22 22 963,700 21,289,470 14.68 14.78 14.52 14.8 14.52 14.78 96,500 1,421,738 DEL MONTE 6.62 6.65 6.7 6.71 6.6 6.65 1,325,900 8,827,843 DNL INDUS 19.4 19.44 19.7 19.8 19.3 19.44 3,169,900 61,733,838 EMPERADOR SMC FOODANDBEV 46.9 47.95 49.65 49.65 46.65 47.95 170,800 8,278,415 FIGARO COFFEE 0.61 0.62 0.58 0.62 0.58 0.61 31,943,000 19,259,290 0.55 0.58 0.56 0.56 0.55 0.55 137,000 76,520 ALLIANCE SELECT FRUITAS HLDG 1.06 1.08 1.06 1.08 1.06 1.08 523,000 563,080 99.95 100 100 102.9 100 100 32,020 3,212,229 GINEBRA JOLLIBEE 200 200.8 200 202 200 200 385,980 77,528,336 KEEPERS HLDG 1.09 1.12 1.1 1.12 1.09 1.09 1,126,000 1,240,170 MAXS GROUP 4.4 4.45 4.55 4.59 4.45 4.45 44,000 199,310 0.112 0.123 0.112 0.112 0.112 0.112 300,000 33,600 MG HLDG MONDE NISSIN 12.92 12.98 12.84 13.38 12.82 12.98 7,297,200 95,648,506 6.93 7 7 7.05 6.91 6.93 73,800 510,490 SHAKEYS PIZZA ROXAS AND CO 0.53 0.54 0.55 0.55 0.54 0.54 121,000 65,550 RFM CORP 3.96 4 3.96 4 3.96 3.96 215,000 851,680 1.52 1.53 1.54 1.54 1.53 1.53 29,000 44,460 ROXAS HLDG SWIFT FOODS 0.085 0.093 0.09 0.09 0.09 0.09 220,000 19,800 UNIV ROBINA 101.5 101.6 95.5 101.6 95.5 101.5 2,312,730 231,165,148 VITARICH 0.55 0.58 0.56 0.59 0.55 0.55 484,000 268,350 CEMEX HLDG 0.62 0.63 0.63 0.65 0.62 0.62 1,031,000 649,270 EAGLE CEMENT 12.3 12.36 12.28 12.36 12.24 12.36 32,400 397,244 3.21 3.27 3.2 3.27 3.18 3.27 213,000 689,140 EEI CORP HOLCIM 5.07 5.25 5.2 5.25 5.06 5.25 157,400 821,615 3.1 3.17 3.18 3.18 3.08 3.17 292,000 910,900 MEGAWIDE PHINMA 18.52 19.2 19.5 19.5 19.2 19.2 5,500 105,750 TKC METALS 0.72 0.77 0.73 0.77 0.72 0.77 12,000 8,750 0.78 0.8 0.79 0.79 0.78 0.78 223,000 175,110 VULCAN INDL CROWN ASIA 1.67 1.77 1.78 1.78 1.66 1.77 50,000 85,400 LMG CORP 3 3.8 3 3 3 3 8,000 24,000 MABUHAY VINYL 5.6 5.79 5.74 5.79 5.5 5.79 4,300 24,834 CONCEPCION 17.22 18.44 18.44 18.44 18.44 18.44 1,000 18,440 GREENERGY 1.6 1.61 1.63 1.65 1.58 1.61 6,204,000 9,985,820 6 6.05 6 6.05 6 6 12,200 73,260 INTEGRATED MICR IONICS 0.53 0.55 0.56 0.56 0.51 0.54 97,000 50,560 PANASONIC 5.61 5.89 5.61 5.93 5.61 5.93 10,300 57,879 CIRTEK HLDG 2.41 2.43 2.3 2.49 2.29 2.41 378,000 907,870

HOLDING & FRIMS

ABACORE CAPITAL AYALA CORP ABOITIZ EQUITY ALLIANCE GLOBAL ANSCOR ATN HLDG A COSCO CAPITAL DMCI HLDG FILINVEST DEV FJ PRINCE A GT CAPITAL HOUSE OF INV JG SUMMIT LODESTAR LT GROUP MABUHAY HLDG METRO PAC INV PRIME MEDIA SM INVESTMENTS SAN MIGUEL CORP TOP FRONTIER ZEUS HLDG

1.4 625 51 9.18 8.67 0.4 4.32 8.54 6.9 2.22 462 3.31 48.5 0.52 8.08 0.3 3.55 3.41 799.5 103 103.4 0.165

1.41 626 51.45 9.19 8.94 0.41 4.38 8.56 7.05 2.6 470 3.45 50 0.57 8.09 0.345 3.59 3.42 800 103.2 116.5 0.175

1.35 630.5 51.5 9.2 8.94 0.405 4.31 8.59 7 2.24 473.4 3.31 48.65 0.55 8.15 0.305 3.61 3.28 810 102.5 117 0.165

1.41 636 51.5 9.24 8.94 0.42 4.39 8.67 7 2.24 475 3.31 50 0.57 8.15 0.305 3.61 3.43 810 103.2 117 0.165

1.35 621 50.3 9.12 8.94 0.4 4.27 8.46 7 2.24 462 3.31 48 0.52 8.06 0.305 3.54 3.28 790 102.1 117 0.165

1.4 626 51.45 9.19 8.94 0.415 4.38 8.56 7 2.24 462 3.31 50 0.57 8.09 0.305 3.55 3.41 799.5 103.2 117 0.165

13,443,000 151,270 4,705,290 794,400 200 350,000 140,000 3,591,000 17,600 1,084,000 93,980 8,000 1,400,600 110,000 3,670,200 20,000 4,236,000 9,785,000 185,480 36,950 300 100,000

18,456,930 94,950,265 240,337,345.50 7,298,848 1,788 142,500 602,410 30,781,104 123,200 2,428,160 44,085,566 26,480 68,850,860 58,250 29,687,144 6,100 15,086,460 32,759,250 148,284,745 3,797,835 35,100 16,500

PROPERTY ARTHALAND CORP 0.54 0.56 0.55 0.56 0.55 0.56 117,000 64,730 ANCHOR LAND 6.58 6.99 6.58 6.58 6.58 6.58 2,500 16,450 AYALA LAND 27.35 27.4 27.2 28.05 27.1 27.4 19,054,600 523,570,965 3.27 3.3 3.22 3.45 3.19 3.3 743,000 2,461,680 AYALA LAND LOG 13 13.56 13.5 14.4 13.48 13.56 26,700 362,632 ALTUS PROP ARANETA PROP 2.17 2.18 2.12 2.18 2.12 2.17 3,260,000 7,043,990 AREIT RT 34.5 35 34.75 35.7 34.5 35 368,200 12,852,385 A BROWN 0.75 0.8 0.75 0.75 0.75 0.75 38,000 28,500 CROWN EQUITIES 0.082 0.086 0.086 0.086 0.086 0.086 500,000 43,000 2.48 2.49 2.49 2.55 2.49 2.49 187,000 468,410 CEB LANDMASTERS CENTURY PROP 0.38 0.385 0.375 0.385 0.37 0.385 860,000 323,550 CITICORE RT 2.41 2.42 2.42 2.46 2.4 2.41 6,735,000 16,365,400 DOUBLEDRAGON 8.33 8.48 8.15 8.49 8.11 8.48 352,200 2,929,116 DDMP RT 1.47 1.48 1.46 1.48 1.45 1.47 647,000 947,910 6.74 6.75 6.76 6.76 6.73 6.75 32,000 216,060 DM WENCESLAO EMPIRE EAST 0.191 0.2 0.2 0.2 0.2 0.2 90,000 18,000 EVER GOTESCO 0.248 0.25 0.249 0.255 0.248 0.25 4,760,000 1,189,770 FILINVEST RT 6.79 6.8 6.75 6.96 6.61 6.79 433,400 2,936,851 FILINVEST LAND 0.87 0.88 0.88 0.89 0.86 0.87 15,293,000 13,350,280 8990 HLDG 10.1 10.3 10.1 10.38 10.1 10.3 1,700 17,424 0.95 0.98 0.95 0.95 0.95 0.95 30,000 28,500 PHIL INFRADEV CITY AND LAND 0.72 0.74 0.73 0.73 0.73 0.73 25,000 18,250 MEGAWORLD 2.28 2.29 2.25 2.34 2.24 2.28 35,478,000 81,137,580 MRC ALLIED 0.192 0.196 0.19 0.197 0.19 0.196 910,000 174,560 MREIT RT 15.12 15.14 15.3 15.6 15.14 15.14 770,900 11,743,084 0.37 0.39 0.37 0.37 0.37 0.37 50,000 18,500 PHIL ESTATES PRIMEX CORP 1.95 2 2 2.02 1.94 2 821,000 1,647,490 RL COMM RT 6.1 6.2 6.21 6.29 6.07 6.1 1,964,700 12,071,570 ROBINSONS LAND 16.84 16.98 17.3 17.3 16.8 16.84 5,308,900 91,142,672 PHIL REALTY 0.205 0.228 0.228 0.228 0.228 0.228 10,000 2,280 ROCKWELL 1.2 1.22 1.21 1.22 1.21 1.22 105,000 127,100 2.46 2.53 2.45 2.53 2.45 2.53 3,000 7,430 SHANG PROP STA LUCIA LAND 2.92 3.02 3.04 3.04 3.04 3.04 5,000 15,200 SM PRIME HLDG 35.85 36.35 36.35 36.65 35.55 35.85 3,851,700 138,527,845 SOC RESOURCES 0.46 0.65 0.465 0.465 0.465 0.465 60,000 27,900 VISTAMALLS 3.22 3.3 3.21 3.3 3.21 3.3 9,000 29,340 43.2 62.95 43.25 43.25 43.2 43.2 3,000 129,685 PTFC REDEV CORP VISTA LAND 2 2.01 2 2.03 1.97 2 236,000 474,250 1.72 1.73 1.73 1.73 1.72 1.72 1,790,000 3,080,190 VISTAREIT RT

SERVICES ABS CBN 8.76 9.15 9 9.17 8.7 9.15 40,900 367,934 GMA NETWORK 11.3 11.34 11.3 11.48 11.3 11.3 210,800 2,389,788 MANILA BULLETIN 0.33 0.37 0.34 0.34 0.34 0.34 50,000 17,000 2,152 2,160 2,150 2,170 2,120 2,160 13,890 29,902,770 GLOBE TELECOM 1,720 1,727 1,710 1,738 1,710 1,727 58,915 101,714,105 PLDT 0.037 0.038 0.038 0.039 0.037 0.038 79,000,000 2,991,500 APOLLO GLOBAL CONVERGE 19.58 19.68 18.88 19.78 18.84 19.58 22,102,500 430,439,132 DFNN INC 2.98 3.09 2.97 3.2 2.97 3.1 60,000 180,690 DITO CME HLDG 3.83 3.84 3.73 3.84 3.65 3.83 2,386,000 9,016,340 1.12 1.34 1.34 1.34 1.34 1.34 4,000 5,360 IMPERIAL NOW CORP 1.14 1.15 1.14 1.18 1.14 1.15 523,000 603,390 0.28 0.29 0.29 0.295 0.28 0.285 2,380,000 681,850 TRANSPACIFIC BR 2GO GROUP 6.83 6.9 6.83 6.83 6.83 6.83 200 1,366 ASIAN TERMINALS 13.5 13.74 13.84 13.84 13.5 13.74 13,600 186,666 1.3 1.36 1.36 1.36 1.3 1.36 228,000 303,350 CHELSEA CEBU AIR 42.2 42.5 41.9 42.5 41.9 42.5 70,400 2,970,860 186.8 188 184.5 189 184.5 188 1,529,950 287,679,021 INTL CONTAINER LORENZO SHIPPNG 0.5 0.74 0.47 0.74 0.47 0.74 26,000 14,380 MACROASIA 4.03 4.12 4.15 4.25 4.03 4.03 824,000 3,370,830 METROALLIANCE A 0.91 0.94 0.91 0.91 0.91 0.91 24,000 21,840 5.51 5.87 5.5 5.88 5.5 5.87 1,900 10,980 PAL HLDG HARBOR STAR 0.82 0.85 0.81 0.82 0.81 0.82 96,000 78,180 BOULEVARD HLDG 0.079 0.08 0.079 0.082 0.079 0.08 67,110,000 5,393,710 WATERFRONT 0.42 0.43 0.41 0.41 0.41 0.41 10,000 4,100 FAR EASTERN U 530.5 589 530.5 530.5 530.5 530.5 10 5,305 6.8 7.22 7.17 7.22 7.17 7.22 22,200 159,389 IPEOPLE STI HLDG 0.32 0.33 0.32 0.325 0.32 0.325 150,000 48,400 BELLE CORP 1.19 1.2 1.19 1.2 1.19 1.2 561,000 668,140 BLOOMBERRY 5.72 5.74 5.69 5.84 5.69 5.74 372,600 2,151,011 PACIFIC ONLINE 1.38 1.42 1.38 1.38 1.38 1.38 1,000 1,380 LEISURE AND RES 1.34 1.35 1.39 1.4 1.34 1.34 719,000 976,450 0.77 0.78 0.8 0.82 0.77 0.77 5,097,000 4,039,450 PH RESORTS GRP 0.395 0.4 0.4 0.4 0.395 0.4 1,360,000 540,900 PREMIUM LEISURE PHILWEB 5.92 5.94 5.53 5.94 5.51 5.94 9,402,500 53,997,069 ALLDAY 0.295 0.3 0.3 0.305 0.295 0.3 13,560,000 4,064,300 ALLHOME 4.51 4.6 4.45 4.7 4.45 4.47 3,718,000 16,919,650 1.44 1.46 1.4 1.44 1.4 1.44 129,000 185,140 METRO RETAIL 30.45 30.5 30.5 30.8 30.25 30.5 418,700 12,775,940 PUREGOLD 48.4 51.4 46.5 51.4 46.5 51.4 316,400 15,790,410 ROBINSONS RTL PHIL SEVEN CORP 50 69 49 49.65 49 49.65 2,080 103,220 SSI GROUP 1.22 1.23 1.22 1.22 1.2 1.22 620,000 752,550 WILCON DEPOT 24 24.4 23 24.45 23 24.4 623,400 14,758,400 0.195 0.196 0.195 0.196 0.195 0.196 280,000 54,850 APC GROUP MEDILINES 0.57 0.58 0.58 0.58 0.57 0.58 51,000 29,550 PRMIERE HORIZON 0.41 0.415 0.405 0.415 0.39 0.415 2,230,000 901,600 SBS PHIL CORP 3.75 3.96 3.96 3.96 3.96 3.96 1,000 3,960

MINING & OIL

ATOK 6.9 7.09 7.02 7.18 7 7.01 581,000 4,136,053 APEX MINING 1.46 1.47 1.41 1.46 1.4 1.46 1,306,000 1,864,000 4.69 4.75 4.65 4.8 4.65 4.68 107,000 505,930 ATLAS MINING 5.9 5.95 5.91 5.91 5.9 5.9 42,600 251,467 BENGUET A BENGUET B 5.75 5.9 6.09 6.09 5.96 5.96 12,800 76,660 COAL ASIA HLDG 0.213 0.225 0.22 0.22 0.22 0.22 100,000 22,000 CENTURY PEAK 2.71 2.74 2.74 2.74 2.74 2.74 20,000 54,800 FERRONICKEL 2.2 2.22 2.27 2.27 2.19 2.2 4,703,000 10,533,100 0.17 0.196 0.17 0.17 0.17 0.17 30,000 5,100 GEOGRACE LEPANTO A 0.134 0.135 0.133 0.136 0.133 0.134 5,440,000 730,420 LEPANTO B 0.135 0.14 0.14 0.14 0.138 0.138 420,000 58,360 MANILA MINING A 0.0094 0.0096 0.0093 0.0093 0.0093 0.0093 3,000,000 27,900 MARCVENTURES 1.38 1.39 1.4 1.45 1.36 1.39 4,278,000 5,931,240 0.93 0.96 0.93 0.96 0.93 0.96 43,000 40,950 NIHAO NICKEL ASIA 6.1 6.11 6.19 6.19 6.02 6.1 7,453,500 45,492,239 0.68 0.71 0.68 0.71 0.68 0.71 339,000 231,570 ORNTL PENINSULA PX MINING 3.41 3.44 3.32 3.45 3.32 3.4 622,000 2,105,040 SEMIRARA MINING 32.9 32.95 33.6 34.2 32.65 32.9 3,950,600 130,364,490 ACE ENEXOR 8 8.05 8 8 7.8 8 242,500 1,935,717 0.01 0.011 0.011 0.011 0.01 0.01 23,400,000 243,000 ORNTL PETROL A PHILODRILL 0.0083 0.0087 0.0085 0.0085 0.0083 0.0083 9,000,000 74,900 PXP ENERGY 4.84 4.85 4.35 4.87 4.35 4.85 1,686,000 7,894,570

PREFFERED HOUSE PREF B 99 99.5 97.5 97.5 97.5 97.5 10 975 AC PREF B1 501 502 501 502 501 501 2,470 1,237,570 ALCO PREF D 505 514 500 505 500 505 580 292,550 496.4 501 496.4 496.4 496.4 496.4 140 69,496 AC PREF B2R BRN PREF A 104.1 107.5 104 105 104 105 2,250 234,650 CEB PREF 41.5 42.4 42 42 41.5 41.6 2,700 112,500 CPG PREF A 100.5 101 101 101 101 101 160 16,160 DD PREF 99.5 100 100 100 100 100 2,610 261,000 EEI PREF B 104.8 105 104 105 104 105 20,550 2,155,800 1,019 1,028 1,028 1,028 1,028 1,028 3,420 3,515,760 GTCAP PREF B JFC PREF B 970 980 980 980 980 980 10 9,800 MWIDE PREF 2A 94.2 98.75 96.1 96.1 96.1 96.1 110 10,571 MWIDE PREF 4 97 99 99 99.5 99 99 23,000 2,282,500 PCOR PREF 3A 1,048 1,050 1,050 1,050 1,050 1,050 10 10,500 76 77 77 77 77 77 272,040 20,947,080 SMC PREF 2F SMC PREF 2I 76.2 77.4 77.4 77.4 77.4 77.4 66,700 5,162,580 SMC PREF 2J 74.1 74.5 74.5 74.5 74.1 74.1 550 40,775 SMC PREF 2K 73 74 74.5 74.5 72.8 72.8 750 54,940 TECH PREF B2D 52.5 56.9 54 54 51 51 500 26,580

PHIL. DEPOSITARY RECEIPTS ABS HLDG PDR 8.24 9 GMA HLDG PDR 11.1 11.46

WARRANTS TECH WARRANT 0.48 0.485 0.48 0.48 0.48 0.48 50,000 24,000

-53,904,251 0 -78,069,801 2,872,385 -497,488 -15,990,455 6,192,228 91,921 -17,000 -440,640 1,183,000 8,251,997 -502,550 -303,050 14,900 -794,262 -1,230,476.50 -13,676,578 77,072 -18,300 -1,686,330 226,860 865,880 -1,560,200 -172,150 11,000 9,885,995 -1,478 -1,458,336 4,353,944 -6,865,050 -2,270 -13,780 -627,000 -48,373,096 359,700 -127,160 -21,846,448 -489,380 59,400 36,971,416 -168,520 -48,809 -12,720 -3,570,480 145,800 12,062,310 -45,342,880 184,236,796.50 -261,400.00 -69,010.00 5,193,691 6,612,596 -5,613,885 -4,642,063 -7,557,960 -9,980,530 1,552,820 -70,741,620 -129,600 10,950 -5,996,390.00 -109,170 40,966.00 98,680 -650,000 -1,746,475 -11,397,030 157,550 -632,056 -7,340,187 -3,298,286 -8,991,405 -139,990.00 -17,641,730 15,956,005 15,200 -125,679,242 -139,610 -353,710 -14,400 330,090 -4,521,070 8,060 305,700 -66,000 -76,399 -1,610,190 -29,728 256,200 -248,610 -1,410 -7,994,040 3,891,475 103,220 706,440 4,063,505 58,500 -359,560 -188,800 56,284 54,800 -2,657,140 -8,280 -69,550 9,060,466 -46,200 1,770,980 -981,600 -

SMALL & MEDIUM ENTERPRISES CTS GLOBAL HAUS TALK ITALPINAS MERRYMART XURPAS

0.93 0.96 0.72 1.33 0.295

0.94 0.99 0.74 1.34 0.31

EXHANGE TRADE FUNDS FIRST METRO ETF

95.85

96

0.92 0.97 0.71 1.32 0.29

0.94 1 0.73 1.36 0.315

0.91 0.96 0.71 1.3 0.29

0.93 0.99 0.73 1.34 0.315

7,506,000 55,000 394,000 738,000 160,000

6,918,470 53,780 287,560 983,980 46,700

40,040 19,220 -

97 97 95.6 95.9 14,330 1,376,476 238,182

www.businessmirror.com.ph

BusinessMirror

Tuesday, June 28, 2022

B3

B4 Tuesday, June 28, 2022

Floors to Walls: Perfectly meets the basics made better

#Buhayilog: How to revive Asia’s rivers

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ROJECT ASEANO, an international initiative to combat river waste, commissioned several studies to trace the sources of plastic pollution in the Imus River in Cavite, a rapidlygrowing province south of Manila in the Philippines. Among the contributors of plastic waste are Food Service Enterprises (FSEs) like restaurants, plus households, which generate enormous amounts of garbage, especially from disposable sando-bags and sachets.

Sachet Culture

SACHETS are most commonly sold in sari-sari stores, ubiquitous Filipino neighborhood stores which sell repacked goods ranging from rice to cigarettes.

“Sari-sari stores sell what regular people can easily afford from a day’s wage,” shares Amy Demetillo, a sari-sari store owner from Dasmariñas. “Families can easily budget the available finances of their households because they buy only what they need, even if it’s just enough to cook a single meal.”

Though they generate significant amounts of waste, sari-sari stores help improve the lives of regular people, even becoming a lifeline for those who make next to nothing.

“Sachet culture is ingrained not just in the Philippines, but in many impoverished communities around the world, particularly in developing countries. We can’t just ban them, so a better solution might be to shift to biodegradable sachet packaging,” recommends Dr. Edwin Lineses of DLSU-Dasmariñas.

Another waste contributor is the Food Service Industry (FSI), whose kiosks and restaurants generate enormous amounts of garbage. Good thing many establishments are doing their part to minimize in-store waste. “We only give straws to our drive-through customers,” shares Lodde Navarro, who works for an international fast-food chain. “Dinein customers are given metal utensils, plus durable plastic plates and cups. We

RIVER RANGERS FROM IMUS HAUL SACKS OF NEWLY-COLLECTED GARBAGE IN CHEST-DEEP WATERS. “Tomorrow, new trash will flow down from the uplands to again cover this riverbank with garbage,” shares ranger Junjun Brinola. Though the work is ceaseless, regular river cleanups can help prevent garbage from flowing out to sea.

(Gregg Yan / PEMSEA) also ask those who order take-out meals if they really need disposable utensils. These small steps help reduce our contribution of plastic waste.”

Tackling plastic pollution

PARTNERSHIPS in Environmental Management of the Seas of East Asia (PEMSEA), which is implementing Project ASEANO in the Philippines and Indonesia, is tackling plastic pollution through an integrated plastic waste management approach which combines the use of science to adjust policies, adopt suitable technologies and build local capacity to monitor and manage waste.

The Philippine component of the project centers on the Imus River Watershed, one of six river systems in Cavite. The Imus River itself begins in the uplands of Tagaytay and Silang and passes through some of Cavite’s most densely-populated hubs, including Dasmariñas, Imus, Kawit and Bacoor, before discharging its contents into Manila Bay. Project ASEANO launched #BuhayiLog (Filipino for Life Beside a River), an interactive map of the Imus River which

shows the various natural elements, challenges and solutions needed by both the public and governments to better understand how to manage Asia's rivers.

The map creatively explains real-world challenges like sedimentation and pollution, highlights solutions like deploying trash booms and conducting regular river cleanups, and points readers to an array of downloadable studies from social scientists, economists and environmental analysts.

“There are so many practical solutions to address the global challenge of plastic waste. Solutions can range from empowering often-ignored players like basureros and junkshops, to educating the next generation to be mindful of the waste they generate,” says PEMSEA executive director Aimee Gonzales.

Project ASEANO has been working closely with public and private sector allies to unlock the keys to reviving Asia’s rivers.

“The project’s studies can help various sectors enhance their sense of social responsibility and be partners in addressing plastic pollution in other major rivers and tributaries,” notes Cavite PGENRO

Subway celebrates 26th year with e-learning program

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NTERNET connectivity has been an issue that has plagued the educational system over the past two years. A pressing problem in the far-flung areas in the country and even in some parts of Metro Manila is the issue of intermittent or no internet connectivity at all.

Every student deserves the opportunity to access learning resources despite accessibility issues. It is equally important that the country’s education system is also improved so that students will be prepared to face the highly competitive workforce.

One company that is passionate about education is Subway. Subway is the world’s largest submarine sandwich chain with more than 34,000 locations around the world. Subway understands that it takes more than just good food to nourish people and build vibrant communities. It starts with taking care of people, the heart and soul of the Subway experience.

One way of taking care of people is to provide opportunities for the future generation to get the best education that is available. To celebrate its 26th

anniversary, Subway will be partnering with Critical Links and e-Dris, to launch the School-in-the-Box initiative.

Partners

CRITICAL Links is a pioneer in delivering innovative e-Learning infrastructure for the next generation of schools, especially in challenging environments. E-Dris, on the other hand, is a company that offiers online and offline education through Micro-Cloud Architecture, Hybrid Learning or through Instant Access or Content.

“The past two years has shown us how important internet connectivity is for our children. Those with better internet connectivity do much better in school because of better access to online educational resources,” said Joshua Wahiman,

Marketing Manager of Subway.

“Our partnership with Critical Links and e-Dris will be able to benefit more children so that they will have a better opportunity to achieve excellence in education,” he added.

AT THE LAUNCH OF PARTNERSHIP PROGRAM, FROM LEFT: Joshua Wahiman, Subway‘s Marketing Manager; Jean Gagarino, Subway‘s Territory Manager; Atty. Rainier Butalid, CEO of e-DRIS Inc.; Syed Darwish Bederi III, Asia Pacific Regional Head of Critical Links (based in Princeton, NJ US).

Under the School-in-a-Box initiative, schools that do not have access to the internet will be given an opportunity to optimize technology and allow students to benefit from a 21st century education. The program will be piloted in a school in Metro Manila that has infrastructure limitations such as power outages and fluctuations and is often cut off from the Internet and cloud based resources due to the lack of regular or robust connectivity.

“This will be our way of supporting the Department of Education in the attainment of their goal of bridging the digital divide,” Wahiman said .

Cloud based environment

THE program will utilize the C3 MicroCloud, a self-contained, cloud-enabled environment that allows the provisioning of content, resources, and management to local students and teachers even if they do not have access to the Internet. The server can support up to 50 devices at a time and is ideal for a library, laboratory or a facility room.

“Content in the form of texts and other resources can be centrally curated in the C3 Cloud Control portal by those responsible for curriculum and distributed to any authorized C3 Micro-Cloud regardless of where it is, whenever a network link becomes available,” Atty. Rainier Butalid (CEO of e-DRIS Inc.) and Syed Darwish Bederi III , of Critical links explained.

With the C3 Micro-Cloud any school can use podcasts, e-books, quizzes, and learning games, allowing students to seek and gather information on their own under the guidance of their teachers instead of passively receiving only the hardcopy of information available in books.

“This School-in-the-Box initiative is going to be a game changer in the provinces because even if there is limited or sporadic bandwidth, lack of connectivity, rigid security and usage restrictions, schools can use the C3 MicroCloud to bring 21st century learning and discovery to their students,” Wahiman said.

“Together with our partners, we will be opening a world of learning and opportunity to students in schools anywhere,” he added.

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HE Philippine construction industry has grown by 21.9% in 2021, with outputs surpassing pre-pandemic levels in 2023. In 2022, the industry is projected to register a growth of 14.9%, and then expand by an annual average rate of 7.8% over the remainder of the forecast period (20232025). Government programs promoting the development of affordable housing, transport, and renewable energy infrastructure are expected to continue to support the expansion of the industry in the coming years.

In the construction industry, 'supplier' (or economic operator) is a very general term that refers to organizations contracted as part of the delivery of a built asset.

Floors to Walls aims to magnify and amplify its client in construction sectors and franchisees with vast material options that could fit their construction budget and project design specifications, to be the top expert in defining materials to be used.

Following their success from modest beginnings started the small business startup in Binondo, Manila, Floor to Walls is now a prestige brand that could cater to a onestop-shop that focused on the consumer's franchise package both wholesale and retail come across to perfectly meet the basics made better. Floors to Walls is the key to helping architects, designers and contractors make things easier for them during purchasing and construction phase. The business packages will encourage Filipino in business trading, wholesaling, and reselling.

The main job of the supplier or company like Floors to Walls is to come up with an appealing material swatch presenting options - the building aesthetics, and its overall appeal that will wow clients.

Powerful brand, powerful franchising

THIS year, their aim is to find franchisees that have the technical knowledge and heart to run the business using the Floors to Walls brand name, as Kelvin Ting, owner of Floors To Walls, mentioned “ I would rather have a franchisee that could understand the business goal and the technicality of it and so the heart

KELVIN Ting, owner of Floors To Walls to handle the business will just follow “.

Each franchise package includes equipment and software, operations support, and marketing support on top of the showroom designs that will highlight the saleable products that are included in the package.

Floors to Walls’ initial Franchise Package amounts to PHP4.5 million, which already comes with a 5-year Franchise Fee, PHP2 million worth of saleable products, security bond, operation tools, and system. ROI could be achieved in less than 2 years given the targeted low volume, high-value transactions that usually occur in the business.

The franchising process is estimated to last for three weeks, starting on the day of submission of documents to the opening of the store. To know more, contact the team at floorstowallsfranchising@gmail.com. Follow and inquire through https://www.facebook. com/floorstowallsofficial/.

UPRIIS honored with Hall of Fame Award for best IISO

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HE NIA Upper Pampanga River Integrated Irrigation Systems (UPRIIS) emerged as the top performer for the Integrated Irrigation Systems Office (IISO) for CY 2021 under the leadership of Department Manager Rosalinda B. Bote. Adjudged as Best IISO of the Year after careful evaluation of the NIA Program on Awards and Incentive for Service Excellence (PRAISE) Committee, UPRIIS is now a Hall of Fame Awardee of Best IISO and was awarded on June 22, 2022 at the Matikas Hall, NIA Central Office, Diliman, Quezon City during the NIA 59th Founding Anniversary Celebration.

Ms. Bote received the plaque and cash incentive for the Best IISO Hall of Fame Award, as well as a token for being the leader of the office, as awarded by the NIA Top Management Officials headed

by Administrator Ricardo R. Visaya and Anniversary Guest of Honor and Speaker Cynthia A. Villar.

Moreover, UPRIIS also bagged four other award categories of PRAISE with corresponding cash prizes, plaques and tokens.

UPRIIS Division II was hailed as IISO Division Office of the Year under the stewardship of its Manager, Engr. Alvin L. Manuel, Sr. This was the second time Division II seized this award, the first was in CY 2019.

Nobleto G. Perido of UPRIIS Dam and

Reservoir Division under the leadership of Engr. Ernesto D. Ponce champed Field Office Best Employee on Core Function of the Year, while Ceejay O. Paclibare of UPRIIS Division I manned by Engr. Felix L. Teaño, Jr. was Rookie of the Year Awardee.

Aside from these awards, Makabilog Maynabo Tambo IA was also recognized as CY 2021 National Most Outstanding Irrigators Association (NIS Category) headed

by President Rolando Maniquiz, Jr. Said IA is under UPRIIS Division III manned by Engr.

Elenita L. Toquero.

Themed “Synergy. Sustainability. Security.

NIA@59: Conquering the Challenges of the New Normal,” Sen. Villar acknowledged how NIA is able to sustain its operation as a viable corporation and service-oriented agency with challenging issues at hand.

“Congratulations Administrator Visaya and your team for the very good accomplishment, a record in history, that the status of irrigation for 2021 is 11.68 percent higher than the irrigation development status ten years ago.”

“I wish you well as we transition to the next administration. I look forward to better times ahead for NIA and the Irrigators Association nationwide. May you have more accomplishments for the Filipino farmers and for the water users…Happy 59th Anniversary! she said.

KAIN NA! takes foodies to a multi-sensory adventure

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HE Department of Tourism (DOT) aims to satisfy the cravings of foodies, tourists, and non-tourists alike with the fourth hybrid serving of the KAIN NA! Food and Travel Festival in partnership with Ayala Malls.

With the theme “Foodie Adventures” served its signature line-up of digital food tourism talks and discussions from June 9 to 11, while on-ground festivities of speciallycurated foodie pop-ups of regional cuisines and delicacies were scheduled at Ayala Malls Manila Bay, Parañaque City, Metro Manila from June 10 to 12.

The Global PROSPECTives webinar series livestreamed via the official DOT Facebook page, banners Filipino chefs and foodie personalities based overseas.

The TED talks-inspired Food Tourism 101, also accessible free online, covered inspirational food tourism experiences from Theodore Day Salonga, Dino Datu, Gel Salonga-Datu of Teds Bed & Breakfast and Gerald Garigade, Ken Chan, Ryan Kolton of Café Claus Corp.

The Food Tourism Exchange featured Northern Luzon, introducing

the Cordilleran Culinary Food Circuit, ADAMS Inuwayan: Ilocos Norte's Trunk for Agri-Tourism Industry, Sustainable AgriTourism: Stakeholders' Responsibility & Accountability, and “A glimpse of the culinary treasures of Nueva Ecija”. The National Capital Region and Southern Luzon showcased Foodie Adventures in Metro Manila, and Agri-Cul-Tour: Farm-ToTable Adventure in CALABARZON. Western Visayas highlighted Negrense Heritage Cuisine and our close connection to the sugar industry followed by Kadto 'ta! Kaon 'ta! - A Food Trip Guide to Capiz. Mindanao uncovered kkkFoodie Adventures: Come Ta! Mangan Ne! Kaon Ta! The Zamboanga CityIsabela de Basilan-Zamboanga Sibugay Food Crawl, Fusion of Filipino-Italian Flavors, and Farm to Table in the City.

This year's KAIN NA! mobilized close to 40 national and regional food and travel exhibitors on ground. Other than the traditional cuisines normally found in different regions of the country, new nontraditional and indigenous delicacies are expected to be featured to tickle the taste buds.

www.businessmirror.com.ph

Banking&Finance

BTr raises ₧13.95B as rates across all T-bill tenors rose

By Bernadette D. Nicolas @BNicolasBM

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HE Bureau of the Treasury raised P13.95 billion on Monday as rates across all tenors rose after the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) tightened key policy in its meeting last week.

The auction committee decided to fully award its P5-billion offering for 91-day and 364-day Treasury bills (T-bills) and partially award P3.95 billion in 182-day T-bills.

National Treasurer Rosalia V. De Leon said investors continued to seek higher rates as both the BSP and the US Federal Reserve are expected to further raise interest rates.

According to De Leon, the climb in rates during Monday’s auction is considered an “aftermath” of the MB’s 25bps-rate lift “to cool down inflation.”

“Markets provided cushion as they see policy rates continue to be on a hiking cycle to let steam out of inflationary pressures,” the Treasurer added. “Both BSP and Fed are expected to unleash another 25bps [basis points] if not 50bps for BSP in August and a follow up 75bps for Fed.” The auction also attracted P27.2 billion in total bids, making it oversubscribed.

Given the high interest rate environment, De Leon said that for the second half of the year they still expect “good demand” from investors even on debt papers with longer tenors as seen in last week’s auction of new 10-year Treasury Bonds.

“But of course, upward trajectory for rates induced expected rate increases to bring inflation back to target range,” she added.

Higher than BVAL’s

THE 91-day T-bills and the 364-day T-bills fetched average rates of 1.855 percent and 2.63 percent, respectively, while the 182-day security was capped at 2.4 percent.

These were all higher than the comparable Bloomberg Valuation Service Reference Rates at 1.626 percent, 1.935 percent, and 2.419 percent for the 91-day, 182-day and 364-day securities.

Last week, the BSP hiked the interest rate on its overnight reverse repurchase facility by 25 basis points to 2.5 percent. Accordingly, the interest rates on the overnight deposit and lending facilities were raised to 2 percent and 3 percent, respectively.

BSP Governor Benjamin E. Diokno said the Monetary Board mainly considered the rising inflationary pressures in tightening their monetary policy stance during the meeting last Thursday. (See https://businessmirror.com.ph/2022/06/23/ bsp-hikes-rates-anew-amid-rising-inflation/) The BSP now expects inflation to average at 5 percent for this year, revised from its earlier forecast of 4.6 percent in May. The government originally targeted inflation this year to settle within 2 to 4 percent.

Borrowing tack

FOR this month, the Treasury is set to borrow P250 billion from the domestic debt market, of which P175 billion is expected to come from auctioning off Treasury Bonds and another P75 billion through it sale of T-bills.

Since the start of June, the Treasury has raised P151.34 billion out of its P215 billion offering.

As of end- April, the national government’s outstanding debt hit another record-high at P12.76 trillion, just two months before President Duterte steps down from office.

The national government’s debtto-GDP ratio as of the first quarter of the year rose to a 17-year-high at 63.5 percent, above the internationally recommended 60-percent threshold by multilateral lenders for emerging markets like the Philippines. It is also the highest since the country’s debtto-GDP ratio hit 65.7 percent in 2005 under the Arroyo administration.

Globe Fintech to boost financial services array

By Lenie Lectura

@llectura

D

IGITAL -wallet operator Globe Fintech Innovations Inc. (GFII) announced last Monday it is “ramping up its line-up of financial services.”

The company that is 45-percent owned by Jack Ma’s Alipay Singapore Holding Pte. said in a statement issued last Monday it is doing so “to help individuals achieve financial freedom while giving micro to small entrepreneurs the lifeline they need to keep their business afloat or the additional funds to support their expansion.”

GFII, the operator of the GCash app said it is also “maximizing the use of social media in its drive to educate and engage the youth on the benefits of using the app and learning more about its financial services.”

The company added its slew of services will help users manage their wealth

and gain financial security.

These are: a digital savings account that offers a higher savings rate of up to 2.6 percent per annum than traditional banks; a one-stop shop for insurance products; an easy pay-later option worth up to P50,000 from 85,000 partner stores nationwide; and, an easy and fast cash loans up to P50,000 repayable up to 12 months with low interest rates.

“Young professionals are becoming more independent, budget conscious, and open to trying simple ways to earn more while owners of MSMEs struggle to find accessible financing to expand their business and reach more customers,” the company said.

Since launching GCash in 2004, GGII said its users have increased to over 60 million, covering 83 percent of the Philippine population. Among them are at least five million merchants using the mobile app to accept digital payments from customers.

BusinessMirror

M

industry, seven of the remaining 12 life insurers have a net worth more than P1 billion and 2 companies with net worth above P950 million.

Under Republic Act 10607, or the Amended Insurance Code of the Philippines, existing insurance companies need a net worth of P550 million by December 2016, P900 million by December 2019 and P1.3 billion by December 2022. Likewise, insurance companies are also required to submit to the Insurance Commission their capital build-up plans with financial projections, which are approved by their board of directors and certified and attested by their actuaries.

“The statutory net worth requirements ensures that by 2023, insur-

B5

Local currency bond market still expanded by end-March

D

By Cai U. Ordinario

@caiordinario

ESPITE foreign investors reducing their exposure in Philippine government bonds, the country’s local currency bond market still expanded by the end of March, according to the Asian Development Bank (ADB).

In its latest Asia Bond Monitor, the Manila-based multilateral development bank said the local bond market expanded 6.5 percent from the previous quarter to $201.5 billion at the end of March.

Government bonds expanded 6.5 percent from the previous quarter to $172.2 billion while corporate bond growth recovered, with the bond stock expanding 6.6 percent from the previous quarter to $29.3 billion.

“Aside from the aggressive Federal Reserve action, foreign investor sentiment soured toward Philippine government bonds because of soaring domestic inflation, a large fiscal deficit and uncertainty stemming from the pending change in government administration,” the ADB

report stated.

“Growth in the stock of Bangko Sentral ng Pilipinas [BSP] securities augmented overall government bond market growth in first quarter 2022, posting an expansion of 57.7 percent q-o-q [quarter on quarter]. Growth in the stock of Treasury bonds also contributed to the growth,” the report, however, stated.

The report stated that the stock of Treasury bills contracted in the first quarter of 2022 but corporate debt issuance jumped 160.8 percent quarter-on-quarter in the first quarter of 2022. “[This was] amid the reopening of the Philippine economy—most business activities resumed after prolonged restrictions—and as cor-

Wrongfully punished

‘W

RONGFULLY Accused” is a comedy movie starring Leslie Nielsen. It has parodies from many other movies and some series, mostly from “The Fugitive,” “Braveheart” and “Titanic.”

On a serious note, to be wrongfully accused, especially in criminal cases, is already stressful. What more if a person is wrongfully convicted and punished? What if this happens within a family? During the last presidential campaign, then Senatorial Aspirant Rafael “Raffy” T. Tulfo said, “Why should the sin of the father become the sin of the son?”

There is truth in what he said. As Deuteronomy 24:16 says, “Fathers shall not be put to death because of their children, nor shall children be put to death because of their fathers.

Each one shall be put to death for his own sin.”

Weeks ago, a family friend (married and a breadwinner) asked for counsel. He narrated that he has two elder half-brothers who are his dependents because they have lost their jobs and did not strive to find one. He shells out P30,000 a month for their living expenses plus medicines. He has been doing that for the past five years.

In effect, a culture of dependency ensured. He effectively became his brothers’ ATM. Fortunately, his wife did not complain on his generosity as this had an effect on their family finance. Early this year one of

IC: 42 insurers meet net-worth rule

ore insurance companies in the country are now “on track” to comply with the P1.3 billion minimum net worth requirement by the end of this year under the Insurance Code, the Insurance Commission (IC) said.

Based on quarterly reports of the licensed insurance firms as of endSeptember last year, 23 out of 52 non-life insurance companies and 19 out of 31 life insurers in the country have already complied with the rule.

Of the remaining 29 non-life insurers, 18 have a net worth exceeding P1 billion while three companies have net worth exceeding P950 million, the regulator said in a statement on Monday. For the life insurance

Editor: Dennis D. Estopace • Tuesday, June 28, 2022

ance companies shall be in a favorable solvency position to address the needs of the insuring public. The P1.3-billion requirement also aims to realize the IC’s vision that insurance companies shall be strong and sustainable and dependable pillars of the Philippine economy in service of the Filipino people,” Insurance Commissioner Dennis Funa said.

To recall, Finance Secretary Carlos G. Dominguez III earlier thumbed down calls to cap the minimum net worth requirement at P900 million instead of jacking it up by adding another P400 million this year, arguing that the proposed higher capitalization was meant to protect the public.

Bernadette D. Nicolas

Edmund Lao

personal finance his brothers felt unwell and sought medical treatment in a prestigious hospital where he got a private room.

Amusingly, this hospital is a firm advocate of surgery (Their motto is, “Delaying your surgery is not an option”). For a one-week stay, the hospital bill amounted to P400,000. My friend had no choice but to pay. Then after a month, the same brother felt unwell again (due to his irresponsibility towards his health) and for another week of confinement, the bill was P800,000. Again, my friend had no choice. He paid out a total of P1.2 million for his brother.

The sad thing was that he nearly underwent surgery due to misdiagnosis. Effectively he became the medical insurance provider to his brother. The money he saved over the years was wiped out in just two months. Now, my friend and his wife are always in a heated argument because if emergency strikes, they will be in a financial disaster. Not only that, his brother has the risk of being hospitalized again owing to his numerous health conditions.

If that risk becomes real, he has no choice again but to pay but, this

porate issuers locked in prevailing lower borrowing rates,” the report stated.

The ADB said growth in emerging East Asia’s local currency bond market slowed to 3.1 percent in the first three months of the year amid weakened financial conditions and global economic headwinds.

Issuance fell 6.5 percent from the previous quarter, while rising inflationary pressure and tightening financial conditions pushed up bond yields in economies in the region, according to the latest issue of Asia Bond Monitor, released last June 27.

Financial conditions in emerging East Asia weakened as indicated by falling stock prices, portfolio outflows and the weakening of currencies against the US dollar.

Monetary tightening

THE ADB said the trend was largely driven by monetary tightening by central banks in major advanced economies and several regional economies and by heightened risks to economic outlooks.

The report also stated that these risks included continued inflation, rising commodity prices, slowerthan-expected growth in the People’s Republic of China (PRC) and largerthan-expected impacts of the Russian invasion of Ukraine.

time, from borrowed money. The former financially-stable person is now a hairline away from poverty, thanks to his irresponsible brother.

Apparently, it will look like he is the one who is very irresponsible in managing his finances. The sins of his brother became his sin and, contrary to the Bible verse, he was wrongfully punished for the sins of his brother.

Here is the thing: we all profess love for our family; it must not only be via lip service. It has to have action.

If we truly love our family, we have to make it a point not to be a financial burden to anyone of them because we have no right to be a hindrance to their financial journey.

Otherwise, we will be the one who will cause their money to be wasted unnecessarily. When we begin to earn our own income, it is imperative that we start saving money as much as possible. In short, saving money is equivalent to loving your family and avoiding slapping them the punishment not due them.

Here are the different ways to save money as your way of showing love for your family members: 1. Save for emergency. As early as your first salary, begin to save at least 20 percent of your income in a bank account. Before, the rule was to save up an equivalent of 6 months living expenses. But because of the Covid-19 pandemic, it is recommended to make it at least 1 year living expenses. When emergency

“Monetary stances in emerging East Asia remain largely accommodative, but persistent inflationary pressure and accelerated monetary tightening by the US Federal Reserve could lead to further monetary tightening in the region,” ADB Chief Economist Albert Park said. “The region’s economies will continue to recover, but growth could moderate this year.”

The region’s local currency bond market reached $23.5 trillion at the end of March. Bonds outstanding in economies belonging to the Association of Southeast Asian Nations (Asean) totaled $2 trillion, accounting for 8.6 percent of emerging East Asia’s total bond stock.

Government bonds outstanding grew to $14.7 trillion. Issuance contracted 2.2 percent from the previous quarter, as authorities tried to balance economic recovery efforts with fiscal sustainability.

Issuance of corporate bonds declined by 12.1 percent from previous quarter amid tighter financial conditions and economic uncertainties.

Nevertheless, sustainable bonds in the Asean region plus the PRC, Hong Kong, Japan and the Republic of Korea continued to grow solidly, expanding 9.7 percent to $478.7 billion.

strikes, you do not have to panic. At the same time, you don to have to bother your family members.

2. Save for hospitalization.

Savings is not always about putting money in the bank. When we save, we want to be able to pay for any event that comes along the way. We can save for hospitalization in case we fall sick but saving money the traditional way will not be of help.

3. Save for long-term treatment. When critical illnesses such as cancer strike, it will be a big financial drain as the treatment is long term. It can be a combination of hospitalization and home care. Sometimes the treatment may reach up to P6 million depending on the severity of the disease. Without the much-needed fund, we do not stand a chance of beating critical illnesses.

4. Save for the inevitable. We all cannot avoid death and, when we die, there are expenses connected with our death. We can prevent letting our family members suffer from our death by buying ourselves life insurance. Life insurance can cover cost associated with our demise. Nobody is responsible to ourselves except us.

Saving is a must. Start saving early. Plan ahead so as not to punish the ones you love: your family.

Edmund Lao is a registered financial planner of RFP Philippines. To learn more about personalfinancial planning, attend the 96th RFP program in June 2022. To inquire, e-mail info@rfp.ph or text at 0917-6248110.

Income of SSS provident fund reaches P333.77M

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HE Social Security System (SSS) announced on Monday that the pension fund’s mandatory provident fund for its members generated an income of P333.77 million with a corresponding return of 6.39 percent in the first year of its implementation.

SSS President and CEO Michael G. Regino was quoted in a statement as saying that the return of investment for the fund outperforms key market indicators such as the 10-year Treasury bond, which averaged 4.1 percent in 2021.

“Despite the pandemic, SSS investments continued to perform well and provided higher returns compared to other major investment benchmarks while adhering to principles of safety, good yield and liquidity,” Regino said.

“Members who contributed to Wisp

[Workers’ Investment and Saving program] have already gained a substantial earning last year considering it is only the first year of the program’s implementation.”

WISP is a provident fund scheme managed by the SSS intended as another savings for private-sector workers and other individual members. It was implemented in January 2021 as part of the landmark provisions under Republic Act 11199 (the Social Security Act of 2018).

The program aims to help members to raise their savings for higher retirement benefits in the future.

“The provident fund is a safe, convenient, principal-protected and tax-free individual retirement savings plan which will supplement a member’s savings from the regular Social Security program,”

Regino explained.

“All private-sector employees, selfemployed individuals, OFW and voluntary members who have no final claim in the regular SSS program, have contributions in the regular SSS program and have a monthly salary credit that exceeds P20,000 are automatically covered by the program,” the SSS chief added.

He said that WISP contributions are paid together with the contributions in the regular SSS program. Earnings realized from WISP will be distributed proportionately based on the member’s contribution.

As of April 30, the SSS has collected more than P21 billion in contributions from more than four million members under the program.

B6

Tuesday, June 28, 2022 • Editor: Gerard S. Ramos

Art

BusinessMirror

www.businessmirror.com.ph

Today’s Horoscope

By Eugenia Last

CELEBRITIES BORN ON THIS DAY: Mary Stuart Masterson, 56; John Cusack, 56; Kathy Bates, 74; Mel Brooks, 96.

HAPPY BIRTHDAY: Take care of your health and financial well-being. Leave nothing to chance, and don’t rely on someone to take care of your responsibilities.

Keep everything in perspective, and be rational regarding your expectations. It’s OK to do things differently, but having a sound plan is essential. Strive for perfection, and you’ll be happy with what transpires this year. Your numbers are 6, 17, 25, 28, 32, 38, 41.

ARIES (March 21-April 19): You’ve got your finger on the pulse. Use optimism and intelligence to get others to contribute to your plans. Don’t get angry at the wrong person; take responsibility and channel your energy into accomplishment. Personal gain is near. HHHH

A COLLABORATION between Septième Rebelle and Fundacion Sansó at Art Lounge Manila, Voyageur is on display at Art Lounge Manila at Molito Lifestyle Center in Alabang until today, June 28.

Fashion-art show marks Art Lounge Manila’s return to the south

A

JOINT fashion exhibition between Septième Rebelle and Fundacion Sansó christens Art Lounge Manila’s new flagship space in Alabang, site of the gallery’s first location.

Titled Voyageur, the collection presents designs

by Robbie Santos of Septième Rebelle using the textile designs of Presidential Merit Awardee Juvenal Sansó. The master painter created textile designs for fashion houses such as Balenciaga before proceeding to painting. His style offered a fresh take on colors, patterns and materials, incorporating freer splashes of color reminiscent of abstract expressionism.

“Working with Robbie Santos, we found out that many of the patterns [Sansó] made could still be sourced in today’s textiles, proving the timelessness of his designs,” said Ricky Francisco, director of Fundación Sansó. He explained that the artist’s designs catered to a leisure-loving, post-war market that preferred youthful color and freedom of expression.

HARVEST by Maryrose Gisbert

As for Santos, a fashion designer with an appreciation for fine art, Voyageur serves as his second collection to feature the Sansó textile prints.

His designs were based on the selected prints of Fundacion Sansó that were translated onto fabric.

Sansó’s studies of geometric and floral-printed fabrics inspired Santos to look for similar textiles as well.

The collection’s title, Voyageur, refers to the phenomenon of revenge travel. Thus, the pieces are designed for ease of movement, says Santos, comparing it to a “deluxe resort collection,” which deals with cotton blends for men and soft tailoring for women.

Meanwhile, because Sansó’s work was made in the 1950s and early 1960s, Santos utilizes the same classic feminine silhouettes of the era: A-line, flared, and serpentina skirts, plus the prominent use of ruffles and flowers.

“Despite having a timelessly elegant approach, I wanted to offer something new—bra tops, tank tops, T-shirts for the young market,” the designer says.

“I also used an embroidery machine to sew ‘Sansó’ as a brand on the pants. This is my take on today’s logo-obsessed culture. The cuts on the pant leg are new—and so is the absence of belt loops. One has to fully examine a piece of clothing to see the details we have put on them.”

The fashion-art showcase aligns with Art Lounge Manila’s commitment to introducing fine art and Filipino culture to a wider audience over the combination of various art forms.

“We want to entertain, educate, and enrich those who enter our spaces,” said Susanne Tiausas, managing director of Art Lounge Manila. “We want

to give the experience of learning from a visit to the museum and the entertainment from watching a live performance and just interacting with art and culture, but in a more accessible and less intimidating space.

This is also the reason why we opt to be located in more commercial areas such as malls.”

The opening of Art Lounge Manila’s new flagship location at Molito Lifestyle Center in Alabang serves as a homecoming of sorts. Part of the Galerie Francesca Group, the gallery opened its first branch in Festival Mall Alabang 17 years ago.

“Although our clients come from far and wide, we consider the south to be our home and where the roots of our galleries really are,” Tiausas said. “We were proud to be part of a group of galleries that were the first ones to open up a space in the south.”

Tiausas added that Art Lounge Manila has more exhibits and collaborations lined up, set to showcase various art forms like dance, music, theater and literature, among others.

“We aim to create experiences where one or more—or all—of these different art forms interact with one another in a way that breathes new life into each art form and really gives our clients and audiences a well-rounded experience of art and culture,” she said, adding the space plans to support different advocacies, as well. “Art can not only make our individual lives better by bringing beauty and joy, but, in this manner, it can also tangibly and significantly make a difference.”

Voyageur opened at Art Lounge Manila (@artloungemanila) in Molito Lifestyle Center, Alabang, Muntinlupa City, on June 15 and is on view until today, June 28. n

‘The Saturday Group at 54’ at ArtistSpace A PRESENTATION at the ArtistSpace, The Saturday Group at 54 features the recent works of the Saturday Group of Artists.

Participating are Helena Alegre, Hermes Alegre, Franklin Caña, Daisy Carlos, Salvador Ching, Buds Convocar, Nida Hemedes Cranbourne, Anna De Leon, Robert Deniega, Ysa Gernale, Maryrose Gisbert, Ding Hidalgo, Rudy Lunod, Francis Nacion, Roel Obemio, Carlo Ongchangco, Anthony Palo, Tessie Picaña, Omi Reyes, Joy Rojas, Eman Santos, Aner Sebastian, Sheila Luis Tiangco, Lydia Velasco, Joseph Villamar, Migs Villanueva, and Inna Naanep Vitasa.

TAURUS (April 20-May 20): Having a good attitude will help you navigate life. Don’t feel you have to bend every time someone puts pressure on you. Be reasonable but also direct about what you want. Compromising and negotiating are your tickets to success. HHH

GEMINI (May 21-June 20): You can be a superstar if you direct your knowledge, experience and dedication toward something meaningful. Look at the big picture, and call on associates you trust to contribute something substantial.

Personal growth is favored, and romance is in the stars.

HHH

CANCER (June 21-July 22): Situations will not be as they appear. Question anyone offering something too good to be accurate, and don’t let gullibility get you in trouble with someone who can influence your reputation or status. Speak the truth, and finish what you start. HHH

LEO (July 23-Aug. 22): Focus on acquiring knowledge, skills or information that can improve your health and well-being. Speak to experts, map out what’s possible and maintain a budget that you can afford. A steady pace and handson effort will pay off. HHH

VIRGO (Aug. 23-Sept. 22): Pay attention to detail, and do your best to minimize whatever you can wherever possible. Your actions will have a more significant effect on what you are trying to accomplish than your words. Take matters into your hands, and get things done your way. HHHH

LIBRA (Sept. 23-Oct. 22): Someone close to you will be a poor influence or liability. Distance yourself from anyone lacking restraint or someone who’s trying to bully you into something that isn’t in your best interest. Look out for yourself, and take good care of your health. HH

SCORPIO (Oct. 23-Nov. 21): An open mind will inspire unique concepts. Toy with existing possibilities, and gather information that helps you develop your ideas. Address a domestic issue that can slow you down. Honesty is the best policy, even if it will prompt opposition. HHHHH

SAGITTARIUS (Nov. 22-Dec. 21): Pull in the best minds and those with skills that can help you use your persuasive charm to get what you want. Create an inviting space, and you’ll be surprised how quickly things transpire. A partnership looks promising. HHH

CAPRICORN (Dec. 22-Jan. 19): Keep the peace, regardless of what others do. You’ll come out on top. Ignore invitations that tempt you or can lead to emotional stress. Make work, promotions and getting things finished on time your priorities. HHH

AQUARIUS (Jan. 20-Feb. 18): Move things around to make your workspace or home more convenient. Don’t let what others do lure you off course. Put your energy where it brings the highest return, and don’t hesitate to present and promote what you accomplish. HHH

Writes artist-critic Cid Reyes, author of the upcoming book Ginto: 50 Years of The Saturday Group: “Today, as we emerge from the darkness of the pandemic, The Saturday Group celebrates its 54th year of existence with an exhibition of its latest works, all distinguished by touches of a symbolic color—gray—alluding to humanity’s traumatic crisis. To quote Leonardo da Vinci: ‘A gray day provides the best light!’ It is the light that will guide The Saturday Group on its next half-century.”

The show runs until July 15. ArtistSpace is at the ground level, Ayala Museum Annex, Makati Avenue corner De La Rosa Street, Greenbelt Park, Makati City.

PISCES (Feb. 19-March 20): Don’t let extravagance win, and don’t be tempted by what others have or do. Follow the path that is conducive to reaching your long-term plans. A physical or mental challenge will put you at risk. Don’t believe everything you hear. HHHHH BIRTHDAY BABY: You are sensitive, compassionate and unique.

You are imaginative and inquiring.

‘catching some z’s’ BY JEFFREY WECHSLER The Universal Crossword/Edited by David Steinberg

ACROSS 1 Rose to one’s feet 6 Knox and others 11 Word before “faith” or “luck” 14 Not with anybody 15 Cold and distant 16 Self-esteem 17 Welcome note from one’s dermatologist?

20 From the beginning 21 Most common roll in craps 22 A trip down memory ___ 23 Have the flu, say 25 Is right for 26 Clowns giving a charity performance, perhaps?

33 Fencing swords 34 In unison 35 Food or shelter, e.g.

36 Chaperone, often 37 Catches 41 D sharp’s equivalent 42 Big book 43 Broadcaster based in a Utah national park?

47 Haggard of country music 48 Tool often spelled without an “e” 49 He hit 696 HRs 50 Stoneworker 54 Thunderous noise 58 Area set aside as a library?

61 Cube in craps 62 Poppy drug 63 Country near Sri Lanka 64 Shakespeare’s Troilus ___ Cressida 65 Like snake eyes 66 Most SAT takers DOWN 1 Palestinian enclave 2 Ken of “thirtysomething” 3 Canvas bag 4 Resistant to opposing arguments 5 Write 6 Preconceived notion?

7 Kingly Norwegian name 8 Mooring line 9 Shredded 10 Airport west of OAK 11 Upscale LA neighborhood 12 Men in Black figures

13 18 19 24 25 26 27 28 29 30 31 32 36 37 38 39 40 41 42 43 44 45 46 47 50

Features of mosques’ roofs Home of Norway’s Royal Palace In a funk ICU connections Comprehend Buddhist sect Human’s relative Once called Tool in a punch bowl Typical Nick on screen Big bang source, for short?

Fore’s opposite Rocket’s front section Ring legend Muhammad Resume blurb Mars, to Jupiter St. Louis-to-Indianapolis dir.

Repair Focus (on) Free of wrinkles, as a shirt Shoppe modifier It spins in the wind CX-5 SUV maker Act gloomily

51 52 53 55 56 57 59 60

Turandot solo Wall support “Goodness!”

Mining bonanza Analogous (to) Ads promoting Covid vaccines, e.g.

Quaint watch attachment Little amount

Solution to today’s puzzle:

Show BusinessMirror

www.businessmirror.com.ph

Editor: Gerard S. Ramos

• Tuesday, June 28, 2022

B7

Making us all happy and proud Stars use BET Awards stage to criticize Roe v.

Wade ruling LOS ANGELES—Taraji P. Henson, Janelle Monae and Jazmine Sullivan were some of the big stars using the BET Awards stage to strongly criticize the Supreme Court’s recent decision to strip away women’s constitutional protection for abortion.

Henson took the stage as the show’s host on Sunday with an uplifting message about “Black excellence” before she launched into the court’s overturning of the landmark Roe v. Wade ruling last week. The actor took the stage after Lizzo opened the show with a flute solo in a glittery-gold outfit performing her single “About Damn Time.”

“It’s about damn time we talk about the fact that guns have more rights than a woman. It’s a sad day in America,” said Henson, thanking Lizzo who along with Live Nation recently donated $1 million in tour proceeds to Planned Parenthood. “A weapon that can take lives has more power than a woman that can give life—if she chooses to.”

Janelle Monae held up her middle finger toward the Supreme Court before she introduced nominees for best female R&B/pop artist. Her speech earned a standing applause at the Microsoft Theater in Los Angeles.

“These artists are making art on our own terms, owning our truths and expressing ourselves freely and unapologetically in a world that tries to control and police our bodies, my body and our decisions, my body,” said the singer, who also paid homage to the LGBTQ+ community. “[explicit] you Supreme Court. I know we’re celebrating us right now as we should. We absolutely deserve to celebrate—especially now we should celebrate our art by protecting our right and our truths.”

Afterwards, Monae introduced Sullivan as the category’s winner—who made a plea to men for their support of women.

“It’s a hard time for us,” Sullivan said. “I want to speak directly to the men: We need y’all. We need y’all to stand up, stand up for us, stand up with us. If you’ve ever benefitted from a woman making one of the toughest decisions of her life, which is to terminate a pregnancy, you need to be standing. This is not just a woman issue. This is everybody’s issue. We need your support more than ever.”

Latto gave an emotional speech after she won best new artist.

“It’s giving pro-choice,” said the rapper, who later performed her smash hit “Big Energy” with Mariah Carey. “It’s never giving a man policing my body.”

Singer Tems dedicated her best international act award to the many women who “dare to dream.”

“Where I’m from, things like this don’t happen,” said the Lagos, Nigeria-born singer who won best collaboration with Justin Bieber and Wizkid for their song “Essence.” “This is a dream. If you’re watching me, I want you to imagine yourself as me because you are meant to be here, too.” AP

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HERE’S a few days left before Pride Month ends. More and more artists are making us proud of their achievements and contributions to make our world a happier and a more accepting place for everyone.

The self-imposed hiatus of actor, producer, philanthropist and businessman RS Francisco from show business that started during the pandemic might be over soon. He recently announced that there will be major collaboration between his team at the multilevel marketing empire FrontRow and AQ Prime, the newest player in the entertainment streaming circuit.

“We have been brainstorming and laying the foundation for these new projects, making sure that we are so ready before we launch para pasabog talaga.

I’ll be hosting Love or Lie at First Sigh, which is touted as the grandest and first-ever Boy Love (BL) reality show with Sachzna Laparan and the oh-so-hyper Rob Sy, and created by our director Afi Africa. And there will be more announcements in the coming days.”

Francisco shared that he misses acting for film and TV, too, and who knows—something might already be brewing as he was spotted meeting with film industry leader Liza Diño and the AQ Prime bosses recently.

BIG, BRAVE AND BOLD MARKKI THE brave and beautiful Markki Ströem continues to take on racy and risque projects that showcase his boldness and versatility. We were part of the first group of guests to watch Brillante Mendoza’s latest movie, Virgin Forest, where Ströem plays the antagonist.

Known to be brave, bold and beyond stereotypes, Ströem showed a lot of his beautiful skin in the movie, letting go of any and all inhibitions. He is also happy to be part of the restaging of the stage musical Mula sa Buwan, scheduled for a limited run from August to September at the Samsung Circuit Performing Arts Theater in Makati City.

Moreover, Ströem has spread his wings and recently launched his swimwear brand, MXXI. The candidates for Man of the Philippines 2022 wore Ströem’s creations throughout the entire pageant duration this June.

REDEFINING CONGENIALITY IN SHOWBIZ

ACTOR, producer and showbiz’s Mister Congeniality Toni Co divides his time between playing important, often funny characters on film and engaging in live streaming activities and social-media talk shows. So well-loved by his multitude of friends in the movie industry, he has just wrapped up work for three movies: Bakas ni Yamashita, Nabe and Sugat sa Dugo.

Co has also branched out into the restaurant

business recently, investing in an all-grill hang-out place which he and his actor-magician business partner named Patuhog ni Ivan in Marikina City.

TELLING OUR STORIES MTV is currently putting the spotlight on LGBTQ+ artists from the region to read and react to anonymous fan submissions on all things about love throughout the Pride Month, even extending until July. And one of the featured artists is our very own Jake Zyrus.

Zyrus, together with other out and proud artists, like K-pop singer Holland, Thai singer Pyra, Borneo’s Clinton Jerome Chua, the Malaysian band Shhh...

Diam! and American pop star Hayley Kiyoko will spill the beans in a series of #MTVTellUs videos posted every week across MTV Asia’s Instagram and YouTube channels.

“Catch this special edition of MTV Asia,” shared Zyrus, adding, “It is not only a breath of fresh air, but it is also insightful as we tell our stories.” In addition, MTV Asia presents it’s LovingOutLoud playlist—the perfect soundtrack for Pride.

CHAMPIONING LGBTQ+ FILMS AND DOCUMENTARIES THE just concluded PelikuLaya Film festival is very personal to Film Development Council of the Philippines (FDCP) chairman Liza Diño. “The struggles and challenges of the LGBTQ+ community continue, and I feel that more dialogue and discourse are needed to help the community attain the rights

we have long been wishing and fighting for. Films are an important medium to send messages to both the general public and the authorities, specifically the lawmakers.”

The festival featured films and documentaries from around the world, including two from the Philippines: Gameboys and Big Night.

Diño is happily married to musical artist Ice Seguerra, and their love story continues to inspire many. “Love wins. Always,” she reminded us.

CLOCKWISE: RS Francisco, Markki Ströem, Toni Co, Jake Zyrus, Liza Diño and Ogie Diaz

OGIE DIAZ’S OUTRAGEOUS GOOD HEART FUNNY man, social-media hotshot, part-time actor, talent manager and family man Ogie Diaz is a rare breed indeed. His good heart has been consistently bruised but he remains unperturbed because kindness and generosity are innate in him.

Diaz was in the news recently when his longtime ward, actress Liza Soberano, decided to end their actor-manager relationship as she signed with Careless Music, the new company of actor James Reid.

Diaz took everything in stride as he shared that Soberano wanted more creative freedom and control in her career. “We parted ways amicably. I assured her that that I am just a phone call away. I wish her the best in her new journey.”

RS Francisco, Markki Ströem, Toni Co, Jake Zyrus, Liza Diño, and Ogie Diaz are just some of many who continue to raise the colorful rainbow flag in their own unique way, with their exceptional strength and inspiring courage, in order to make this world a better, fairer and happier place. Happy Pride! n

GMA Regional TV brings back in-person events

LOUIS TOMLINSON

LOUIS TOMLINSON’S PHL TOUR MOVES TO SMART ARANETA

TO fans of English singer Louis Tomlinson: brace yourselves for a more exciting concert event with your beloved ex-One Direction idol.

Catch the Louis Tomlinson World Tour on July 16, originally happening at the New Frontier Theater and now moved to a bigger stage at the Smart Araneta Coliseum.

For fans who purchased online, the New Frontier Theater tickets will be voided and a new electronic ticket for the Smart Araneta Coliseum show will be e-mailed.

For fans who bought thru Box Office and Outlet/s, New Frontier Theater tickets must be surrendered at the Ticketnet Box Office and will be exchanged with a new Smart Araneta Coliseum ticket.

Also, due to public demand, additional tickets are now on sale via TicketNet and its outlets.

Ticketnet Box Office is open daily from 10 am to 8 pm, including weekends.

For more information, visit www.ticketnet.com.ph.

GOOD news to TV audiences in the regions, as GMA Regional TV brings back its series of in-person events featuring some of the country’s biggest stars.

As a special treat to viewers in Luzon, Visayas and Mindanao, GMA Regional TV kicked off the series of events with back-to-back showcases on June 25 and 26 in Mindanao courtesy of Bolera and First Lady.

Communities in Zamboanga City enjoyed a fabulous weekend as Kylie Padilla bannered the Kapuso Fans Day on June 25 at KCC Mall de Zamboanga. The Bolera lead actress entertained her fans in person with a meet-and-greet, and she had as special guest costar Gardo Versoza.

Before First Lady aired its finale week, Rocco Nacino and Maxine Medina flew to Davao City for a Kapuso Mall Show at Ayala Abreeza Mall in Davao City on June 26 at 4 pm. On behalf of the First Lady cast, Rocco and Maxine personally thanked the Dabawenyos for the continuing warm support for their show.

Meanwhile, Shaira Diaz and Arra San Agustin of the upcoming adventure-serye Lolong headline the Kapuso Fiesta in Tacloban City on June 28, 6 pm, in celebration of the Sangyaw Festival.

Spreading love in General Santos City on July 16 are Love You Stranger lead stars Gabbi Garcia and Khalil Ramos. The real-life couple will banner the Kapuso Mall Show in KCC Mall of GenSan at 5 pm.

“We are delighted to announce that GMA Regional TV’s events are back after more than two years of hiatus due to the global pandemic. As we begin to navigate the ‘new normal,’ GMA Network continues to give back to its loyal viewers across the Philippines and one of our ways to do this is to bring back our events with Kapuso artists. We would like to thank

❶

GABBI GARCIA and Khalil Ramos

❷ RURU MADRID in Lolong

❶ Bolera, First Lady, Lolong and Love You Stranger for participating in these initiatives. This is only the beginning, so expect more events from GMA Regional TV in the coming days,” said first vice president and head for GMA Regional TV and Synergy Oliver Victor B. Amoroso.

In the prime-time series Bolera, Kylie’s Joni challenges the norms of the society as she tries to conquer the male-dominated world of billiards.

Joining Kylie in the series are Rayver Cruz and Jak Roberto.

Down to its last week, First Lady continues to be the viewers’ top choice in prime-time block. The sequel to the Philippines’s no. 1 show for 2021, First Lady features the swoon-worthy pairing of award-winning actor Gabby Concepcion as President Glenn Acosta and endearing actress Sanya Lopez as First Lady

❷ Melody Acosta.

Set to air on July 4 after 24 Oras, Lolong is headlined

by Ruru Madrid. The network’s biggest adventure series this year tells the exciting tale of a man’s extraordinary friendship with a giant crocodile.

Shaira and Arra play the roles of Elsie and Bella, respectively.

Another GMA prime-time series captivating viewers, Love You Stranger merges mystery and romance with folklore and filmmaking. Here, LJ (Gabbi) and Ben (Khalil) try to unravel the mystery surrounding the legend of a shadow creature. Since its pilot airing on June 6, the series continues to pique the interest of viewers with its storyline and cinematography.

More information can be found at www. gmaregionaltv.com.

Sports BusinessMirror

Bohol 5150 course spruced up for 500 triathlon participants

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| Tuesday, June 28, 2022 mirror_sports@yahoo.com.ph sports@businessmirror.com.ph Editor: Jun Lomibao

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WIMBLEDON 2022: END OF BIG 4 ERA? W COULD this be the year for a new Wimbledon men’s champion other than Novak Djokovic, Rafael Nadal or Andy Murray? AP

IMBLEDON, England—It’s been two decades since the Wimbledon men’s singles championship was won by someone outside the quartet of Roger Federer, Novak Djokovic, Rafael Nadal and Andy Murray.

Could this be the year someone else earns that trophy?

“Yeah, why not? What Roger, Rafa, Andy and Novak have done for this sport is really incredible, and they’ve had so many battles. But the time is definitely coming for new faces,” said Hubert Hurkacz, a 25-year-old from Poland who beat Federer a year ago on Centre Court en route to the semifinals at the All England Club.

“We’re coming out and playing some really good tennis.

It’s definitely getting more competitive. We’re starting to catch up a little bit,” added Hurkacz, who is seeded No. 7 and will face Alejandro Davidovich Fokina as the grass-court Grand Slam tournament begins Monday. “And it’s interesting for the fans, as well.”

If that streak of titles collected by the so-called Big Four of men’s tennis does come to an end following this fortnight—no sure thing, certainly, because even though Federer, who turns 41 on Aug. 8, isn’t in the field after a series of knee operations, and Murray, 35, is no longer the player he was before two hip operations, Djokovic, 35, and Nadal, 36, are seeded 1-2 and have combined to win 14 of the past 16 major trophies overall—Hurkacz has demonstrated he’s among the contenders with a chance.

He prepared for Wimbledon by beating top-ranked Daniil Medvedev, who won’t be at the All England Club because all players from Russia and Belarus are banned over the war in Ukraine, in the final of the grass-court

event at Halle, Germany, on Saturday.

Other names to keep an eye on are Matteo Berrettini, the big-hitting runner-up to Djokovic a year ago who is seeded No. 8 this time and picked up two grass titles in recent weeks; a pair of Canadians, No. 6 Felix Auger-Aliassime, a 2021 quarterfinalist, and No. 13 Denis Shapovalov, a 2021 semifinalist; and No. 4 Stefanos Tsitsipas, whose career record at Wimbledon includes three first-round losses and one run to the fourth round but who believes he can adjust his game to the surface and eventually make his way to the final days of the tournament.

“My tennis is suited for that. I’m a person that likes to work hard, so I see no reason not to get there—because I’m capable with my tennis, I’m capable with my mind, I’m capable with my abilities as a tennis player,” said Tsitsipas, the runner-up to Djokovic on clay at last year’s French Open and the champion on grass at the Mallorca Championships on Saturday. “I absolutely think that I can get there one day.”

There has been more variety among the women’s title winners lately, with seven players dividing the past eight Wimbledon trophies—and five of them are in the bracket this time: Serena Williams, Simona Halep, Angelique Kerber, Garbiñe Muguruza and Petra Kvitova, who won a trophy on grass at Eastbourne on Saturday.

The 2021 champion, Ash Barty, is not back to defend, because she retired at age 25 in March (2013 winner Marion Bartoli ended her career shortly after her championship).

In addition to those past champs—Williams has won seven of her 23 Grand Slam titles at the All England Club and is returning to singles play after a year off the tour—the list of contenders includes No. 1 Iga Swiatek, who is coming off a

French Open title and enters on a 35-match winning streak; Coco Gauff, the 18-year-old American who was the runner-up to Swiatek in Paris; and Ons Jabeur, a quarterfinalist in 2021 and seeded No. 3.

Since Lleyton Hewitt won Wimbledon in 2002, Federer has claimed a men’s record eight championships (Martina Navratilova took the women’s title nine times), Djokovic six, and Nadal and Murray two apiece.

“Novak and Rafa are still probably the favorites— Novak maybe the (main) favorite, if you have to pick one.

If he gets a good start and finds his rhythm, he will obviously be very dangerous, because he’s the one that probably moves better than any other player on this surface,” said third-seeded Casper Ruud, the runner-up to Nadal at Roland Garros this month. “It’s impressive how good of a player he is on grass. Everyone looked at (seventime Wimbledon champion Pete) Sampras and Federer as the grass-court legends, but he’s also up there.” AP

RIATHLETES raring to make a comeback after a two-year hiatus, along with those wanting to immerse themselves into the multi-sport brace for a test of endurance and mental limits over a world-class course in the Sun Life 5150 Triathlon firing off July 10 in Bohol.

Held under an Olympic-style setup, the event kicks off with the open-water 1.5-km swim at 6:30 a.m. on the island’s white sand beach, going clockwise before heading back to the Bellevue Hotel beach.

The 40-km rolling bike leg, which unwraps at the Doljo beach, features two loops and three turnarounds at the Dauis-Panglao road, making its first turn at KM 11, then at KM 20 and back at KM 29 all the way to the finish line back at Doljo.

The closing 10-km flat run course, on the other hand, is a single loop challenge, also from the Doljo beach and back with run aids at KMs 1 and 9, 2 and 8, 3 and 7, 4 and 6, and KM 5 for the turnaround.

For details, visit www.ironman.com/5150-bohol with social media accounts at Sun Life 5150 Bohol (facebook) and 5150bohol (Instagram). For the Sunrise Sprint, log on to www.goforgold.sunrisesprint.com.

More than 500 entries are all geared up for the event sponsored by Sun Life marking the return of the tri-sport to the mainstream after the pandemic with at least 20 nations represented in various age-group categories to Bohol, an ideal triathlon hub for those looking for new challenges.

They include bets from Norway, the Netherlands, Italy, United Kingdom, South Africa, Vietnam, Singapore, France, India, Malaysia, Denmark, Hong Kong, the US, Switzerland, Australia, Germany, Korea, Guatemala and Japan and host the Philippines.

The local entries make up the bulk of the bidders, including those from top triathlon teams and clubs, in various age groupings, including the 15-19 age division, the 20-24, 25-29, 30-34, 35-39, 40-44, 45-49, 50-54, 55-59, 60-64 and 65-69 Organized by the Ironman Group/Sunrise Events, Inc. and backed by venue host The Bellevue Resort, the event also features the men’s and women’s relay competitions and the Sunrise Sprint race.

The swim cut-off is one hour based on the rolling start while the bike cut-off is three hours and 30 minutes. The run part will have a cut-off time of five hours and 30 minutes.

Face-to-face forum on PVL

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HE upcoming Invitational Conference of the Premier Volleyball League (PVL) will be tackled face-to-face in the Philippine Sportswriters Association (PSA) Forum on Tuesday at the Century Park Hotel.

PVL president Ricky Palou and tournament director Tonyboy Liao will be on hand in the 10 a.m. session to discuss the mid-season tournament set to start on July 9.

Cignal TV Inc. VP Channels and Content Sienna Olaso and representatives of participating teams will also grace the weekly sports program presented by San Miguel Corp., Milo, Philippine Sports Commission, Philippine Olympic Committee, Unilever, Amelie Hotel Manila, and the Philippine Amusement and Gaming Corp.

The Forum is livestreamed via the PSA Facebook page and aired on a delayed basis over Radyo Pilipinas 2, which also shares it on its official Facebook page.

Aguilar’s week in Philippine Cup S

LOWLY but surely, Japeth Aguilar is rediscovering his old, fiery form and Barangay Ginebra is quick to reap the fruits as it shares the top spot in the Philippine Basketball Association (PBA) Philippine Cup. With the 6-foot-9 veteran finally recovered from a left calf injury, the Gin Kings notched two big wins last week for a 4-1 won-lost record and a share of the No. 1 spot with San Miguel Beer.

Aguilar imposed his will in Ginebra’s comeback win against NLEX, 83-75, and then pulled off a gritty 75-72 triumph over the Beermen behind Aguilar’s double-double average of 17.5 points and 10.5 rebounds.

He also shot 54 percent from the field and submitted 2.5 blocks per game to clinch the Cignal Play-PBA Press Corps Player of the Week for the period June 22 to 26.

Aguilar hit 20 points on a stellar 9-of-13 shooting, grabbed seven rebounds, and had three blocks as Ginebra clawed back from 19 points down to beat NLEX. In the Kings’ win over the Beermen, the son of former PBA player Peter Aguilar had 15 points, 14 boards, and two block shots.

Aguilar did his thing despite still taking extra precautions on a nagging calf injury that sidelined him for most of the playoffs during the

season-ending Governors Cup. The twin victories by the Kings also provided coachTim Cone a fitting sendoff as he will miss out the team’s next four games to join the Miami Heat staff in the NBA Summer League.

Also nominated for the weekly plum being handed out by the men and women regularly covering the PBA beat were Aguilar’s teammates in Scottie Thompson and Christian Standhardinger, TNT’s Mikey Williams, RR Pogoy, Poy Erram, Magnolia’s Mark Barroca, Aris Dionisio and Jio Jalalon, and Blackwater’s Ato Ular, Yousef Taha and Jvee Casio.

BARANGAY Ginebra San Miguel’s Japeth Aguilar is named Player of the Week.

LIV Golf in Oregon–where local officials aren’t happy

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AUDI ARABIA-backed LIV Golf is getting a chilly reception in Oregon, its first stop in the United States.

This coming week, the series, which is paying enormous signing fees for players like Phil Mickelson and Dustin Johnson, descends on Pumpkin Ridge Golf Club in tiny North Plains, nestled in the rolling hills west of Portland.

But the North Plains mayor, as well as officials from surrounding cities, have written the club’s owner, Escalante Golf, with concerns. Oregon Sen. Ron Wyden is speaking out against the tournament, and some members of the pricy club also are uncomfortable with the situation.

Opponents point to Saudi Arabia’s human rights abuses, including the murder of US-based journalist Jamal Khashoggi. But in Oregon, there also is anger over the hit-and-run death of 15-year-old Fallon Smart in 2016.

Saudi student Abdulrahman Sameer Noorah was facing a trial on first-degree murder charges when he removed a tracking device and vanished. US authorities believe the Saudi government helped arrange for a fake passport and provided a private jet for travel back to Saudi Arabia. The case was featured on “60 Minutes.”

“It’s wrong to be silent when Saudi Arabia tries to cleanse blood-stained hands, in the fight for Oregonians

to get justice—Fallon Smart was killed very close to our house in Southeast Portland, and the person charged with the crime, a hit-and-run death, was, based on all the evidence, whisked out of the country by the Saudis before he stood for trial,” Wyden said in an interview with The Associated Press.

There is also concern the event could bring protests to North Plains, a town of just 3,400 people.

Tickets to the event prohibit fans from displaying any political signs.

“We oppose this event because it is being sponsored by a repressive government whose human rights abuses are documented. We refuse to support these abuses by complicitly allowing the Saudi-backed organization to play in our backyard,”said a letter signed by North Plains Mayor Teri Lenahan and 10 other mayors from surrounding cities.

Wyden accuses the Saudi government of sportswashing.

“It’s just a page out of the autocrats’ playbook covering up injustices by misusing athletics in hopes of normalizing their abuses,” he said.

The event also has put Pumpkin Ridge members in a difficult spot. Some decided to leave the club over the tournament, but it’s unclear how many departed.

“A lot of members are like stuck between a rock and

a hard place right now where politically they don’t agree with it at all,” said member Kevin Palmer of Beaverton.

“But I also joined last year and put down like $12,000, and if I leave I don’t get any of that money back.”

Greg Norman is CEO of LIV Golf Investments and the face of a circuit that aims to rival the PGA Tour. The 48-man field in Portland will compete for $20 million in prize money for individual play, and $5 million in team play, with 12 teams. Teams will be announced Tuesday after a draft.

Johnson, who had been No. 1 in the world longer than any player since Tiger Woods, and six-time major champion Mickelson were among the first big names to join. The Portland field since has added Bryson DeChambeau, Brooks Koepka and Patrick Reed, all major champions, though none among the current top 20 players in the world ranking.

The PGA Tour has suspended every member who competed in the first LIV event because they did not have conflicting event releases. Those in Portland also will be suspended when they tee it up.

The tour typically awards three such releases a year, only for tournaments overseas. It does not allow its members to compete in tournaments held in North America.

The Portland event is held the same week as the John Deere Classic in Illinois.

“The PGA Tour, an American institution, can’t compete with a foreign monarchy that is spending billions of dollars in attempt to buy the game of golf,” Commissioner Jay Monahan said last week. “We welcome good, healthy competition. The LIV Saudi golf league is not that. It’s an irrational threat, one not concerned with the return on investment or true growth of the game.”

The LIV tour consists of eight events this year, five in the United States. Following the stop in Portland, the tour moves to the Trump National Golf Club in Bedminster.

Texas-based Escalante Golf, owner of Pumpkin Ridge and another course on the LIV series, did not respond to a request for comment.

“We believe that we have a moral obligation to take a stand and speak out against this event in order to protect the people we serve,” the mayors wrote in their letter to the company.“While our local jurisdictions may not be able to prevent this event, we stand together to voice our concerns about the unwelcomed potential risks, visitors and harm this event could have on our communities.” AP

Magsayo victory vs Vargas ticket to big time fights

By Josef Ramos

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VICTORY by Mark “Magnifico” Magsayo over Mexico’s Rey Vargas on July 9 in Texas will open doors for the reigning Filipino World Boxing Council (WBC) featherweight to big time fights.

International matchmaker Sean Gibbons, also the president of Manny Pacquiao’s MP Promotions, told BusinessMirror on Monday that a win by Magsayo willline him up against World Boxing Association (WBA) featherweight titlist Leo Santa Cruz, a Mexican like Vargas.

“Magsayo is definitely the hepe [boss] right now in Philippine boxing. If he beats Vargas, he will be facing Leo Santa Cruz in LA [Los Angeles] Staples Center,” Gibbons said.

Magsayo, a 27-year-old pride of Tagbilaran City, is making his first defense of the belt against Vargas at the Alamodome in San Antonio.

Magsayo (24-0 win-loss record with 16 knockouts) dethroned American Gary Russel Jr. last January 22 in Atlantic City. He booked three impressive wins in the US before that— knockout victories over American Pablo Cruz and Mexican Julio Ceja.

MagsayoisoneofonlytworemainingFilipino world boxing champion besides International Boxing Federation minimumweight champion Rene Mark Cuarto, who’s staking his belt against Mexican Daniel Balladares in his hometown on Friday. Vargas, undefeated in 35 fights with 22 knockouts, expressed his desire to snatch Magsayo’s belt.

“This is going to be an exciting combat from start to finish. We know that he has great power, but we’ll be ready to counter that, and anything else he brings to the ring,” Vargas, of Otumba, Mexico, told boxingscene.com recently. “This is going to be a magnificent fight and I can’t wait to step in there and compete.”