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Online recruiting picks up in January, February — Monster

MONSTER.COM said online recruiting in the Philippines grew 16% year-on-year in January with growth slowing to 11% in February, with hospitality and health care jobs in greatest demand.

monster employment index
MONSTER

The online job recruitment site said Thursday that its Monster Employment Index (MEI) for January showed an “impressive” growth rate, with 11 of 12 industries monitored posting growth in hiring in both January and February.
It said demand for hospitality workers, as measured by job postings, grew 33% in January and 25% in February. Health care followed with 26% growth in January and 25% in February.
Monster.com-APAC and Middle East CEO Abhijeet Mukherjee said hospitality hiring was driven by government initiatives to improve the tourism sector and the reopening of Boracay after the island’s six month rehabilitation.
“With multiple initiatives and investments to boost tourism, the government is targeting 8.2 million visitor arrivals this year. This increasing influx of tourists, coupled with recent efforts to rehabilitate the popular destination of Boracay Island, makes it highly likely that the hospitality industry will experience steady demand for skilled talent in the near future. In order to sustainably host these tourists, businesses in the industry need to gear up and ensure that their talent needs are efficiently met,” he said.
Also posting growth were the logistics, courier/freight/transportation, import/export and shipping sectors (18% in February); banking, financial services and insurance (15%); and retail (15%).
Education was the only industry that posted declines in both months at minus 16% in January and minus 19% in February. — Gillian M. Cortez

TransUnion exploring cross-border credit data sharing

GLOBAL REMITTANCE FIRM TransUnion is exploring cross-border sharing of credit data, a tool seen to improve access to credit for overseas Filipino workers (OFWs).
In a statement, TransUnion Philippines said they are crafting an online system that will allow their customers to request to send their credit history to a foreign lender.
“Cross-border data sharing will assist OFWs in participating in the credit economy of their resident country and even after they decide to come home for good,” said Pia Arellano, president and chief executive officer of TransUnion Philippines.
“It will help open up more opportunities to access credit for purposes like entrepreneurship, obtaining mortgages and personal loans, or accessing the rental housing market, which can translate into more income for remittance, expenditure, or investment.”
The private credit bureau said there is scope to help OFWs and their families to tap bigger credit lines, given the record P32.213 billion personal remittances they sent home in 2018.
Remittances are equivalent to a tenth of the Philippines’ gross domestic product (GDP), which likewise supports household spending and domestic demand.
Cross-border sharing of credit data has been limited to the members of the European Union, given concerns on regulatory uncertainty and the lack of harmony of reporting guidelines among countries.
Ms. Arellano added that channels for global credit bureau coordination remain in a “nascent” stage, adding that they are pushing discussions on how to allow Filipinos to access their credit information wherever they are. In turn, this is expected to spur further economic growth.
TransUnion is one of four private credit bureaus accredited by the state-run Credit Information Corp. to handle and process consumer data, together with CIBI Information, Inc., Compuscan and CRIF S.p.A.
TransUnion’s credit scores cover historical data for credit cards, personal and car loans, as well as property mortgages collected from member banks, card issuers, lending companies and even cooperatives.
The firm assigns a three-digit credit score to individual borrowers, who are broadly classified as low, medium, or high-risk clients. The local unit of the Chicago-based credit scorer, in turn, provides banks and lending firms some insight as to whether a person is worthy of securing a loan. — Melissa Luz T. Lopez

Your Weekend Guide (March 29, 2019)

Photo exhibit at Edsa Shangri-la

SHANGRI-LA Plaza rounds off celebrations for International Women’s Month with the INSPIRE | WOMEN photo exhibit, which marks the 11th anniversary of fashion photographer Rxandy Capinpin, and his latest collaboration with clothier Levenson Rodriguez. Running until March 31 at the Mid-Level East Atrium, the exhibit showcases the women who have inspired the work of both Capinpin and Rodriguez and also presents the work of their students, as well as course specialists from the Institute of Creative Entrepreneurship | Fashion Arts & Design.

Angels in America: Millennium Approaches

ATLANTIS Theatrical Entertainment Group kicks off its 20th anniversary with the Tony award-winning Angels in America: Millennium Approaches by American playwright and screenwriter Tony Kushner. There will be performances from March 22 to April 7 at the Carlos P. Romulo Auditorium, RCBC Plaza, Makati City. Directed by Bobby Garcia, it stars Markki Stroem, Nelsito Gomez, Art Acuña, Pinky Amador, Angeli Bayani, Topper Fabregas, and Andoy Ranay. The play contains strong language and mature content and is meant for audiences over the age of 16. Set in New York City in the 1980s, Prior finds out that he has contracted the AIDS virus and his lover Louis leaves him; Joe, a closeted gay lawyer, struggles in a marriage with his drug addicted wife. The two couples’ fates intertwine throughout the story. For tickets, contact TicketWorld (www.ticketworld.com.ph, 891-9999).

Tales of the Manuvu

BALLET PHILIPPINES and National Artist for Dance Alice Reyes restage the 1970s classic Tales of the Manuvu, a rock-opera ballet that tells the creation story of the Manobo tribe from Mindanao. There will be performances from March 22–31 at the Cultural Center of the Philippines’ Main Theater. Jazz/rock band Radioactive Sago Project will perform live. Aside from the hour-long main event, the program consists of “Sun Down,” “The Weight on Our Toes,” and “Mama,” which are works by new choreographers; and “Chichester Psalms,” a restaging of another Alice Reyes piece that was first performed in 1973. Tickets are available through Ticketworld (891-9999, www.ticketworld.com.ph), the CCP Box Office (832-3704), the Ballet Philippines Box Office (551-1003).

The Phantom of the Opera

ANDREW Lloyd Webber’s musical The Phantom of the Opera has performances at The Theatre at Solaire until April 7. Based on Gaston Leroux’s novel of the same title, the story is set in the Paris Opera House where a young soprano becomes the object of The Phantom’s affection and he manipulates her career at the expense of the opera house staff and stars. For tickets and schedules, contact TicketWorld (www.ticketworld.com.ph, 891-9999).

Youth and music at MOA

A YOUTH fair featuring fun fair attractions, game booths, and musical performances by Autotelic, Leanne & Narra, Ian Sudiaxal, Feen, and MVRXX and Alwyn will be held on March 30, 4 p.m., at SM MOA By The Bay. All of the SM Youth Ambassadors will also be there including Tommy Esguerra, Richard Juan, and Kaila Estrada.

Short show

KWAGO, together with small press Comma, has invited artists Datu Arellano, Jose Tong, Erick Calilan, Miggy Inumerable, Gladys Regalado, Jorge Wieneke, and Vyxz Vasquez to respond to Tad Ermitaño’s A Curated Shelf exhibit through a performance of four minutes and 33 seconds each at Kwago Book Bar on March 30, 10 to 10:30 p.m. A Curated Shelf is composed of a series of two-month exhibitions with corollary events that respond to the shows. For the first A Curated Shelf, new media artist Tad Ermitaño give viewers a glimpse of the books that inform his life and work. Kwago is at Warehouse Eight, La Fuerza Plaza, Chino Roces Ave., Makati. Entrance is P300.

Perjury case vs Okada junked

THE PERJURY case against embattled gaming tycoon Kazuo Okada has been dismissed by the Manila City Prosecutors Office due to lack of evidence.
In a statement issued Thursday, Mr. Okada’s party said Senior Assistance City Prosecutor Francisco Salomon junked four counts of perjury filed by Tiger Resort Leisure and Entertainment, Inc. (TRLEI).
Kenji Sugiyama, named as TRLEI’s representative of the case, alleged that Mr. Okada committed perjury due to supposedly contrasting claims in his complaints before the Regional Trial Court (RTC) of Parañaque and before the District Court, Clark County in Nevada, United States.
TRLEI cited how Mr. Okada’s complaint before the Parañaque RTC filed on Aug. 29, 2018 stated that he “officially regained and or never lost the majority control of OHL (Okada Holdings Limited), UEC (Universal Entertainment Corp.), TRAL (Tiger Resorts Asia Limited), and complainant TRLEI.”
OHL owns 67.9% of UEC., a Japanese listed firm that owns TRAL. In turn, TRAL owns TRLEI, the local unit which owns and operates Okada Manila located within the state-run Entertainment City in Parañaque.
Mr. Sugiyama alleged that the statements presented before the Parañaque RTC contradicted Mr. Okada’s admission that he “lost control of, and was ousted from, UEC; and has not regained control thereof as of the date of said filing” in his complaint in the Nevada court.
TRLEI claimed the complaint before the Nevada court was filed on Aug. 24, 2018.
The prosecutor, however, did not consider the Nevada complaint in issuing his ruling, since TRLEI was not able to prove its authenticity nor was it subscribed to by Mr. Okada or his lawyer.
“We cannot just assume that respondent Okada has knowledge or knows the contents of the Nevada Complaint. In every criminal prosecution, the evidence must be tangible and verifiable and not be mere conjecture or speculations,” Mr. Salomon said in his 12-page resolution distributed to reporters by Mr. Okada’s camp on Thursday.
Mr. Salomon also noted that prosecution for perjury must show a willful and deliberate assertion of a falsehood.
“Settled is the rule that mere inaccurate statement under oath without malice does not amount to perjury,” according to the ruling.
“It is his belief that he never lost ownership and control of his shares in OHL, UEC, TRAL and TRLEI because he owns and retains almost 100 percent of his shares in OHL.”
The court also noted that Mr. Okada still owns almost 100% of shares in OHL since his children, Tomohiro and Hiromi, have yet to pay the inheritance taxes needed to make the transfer of shares official.
“The inheritance taxes were so high which Tomohiro and Hiromi cannot pay, and have not paid to date. Thus, these shares continue to be under his control,” according to the resolution. — Arra B. Francia

2019 macro outlook

IN OUR Philippine National Bank board meeting last week, we asked PNB bank economist Jun Trinidad on his economic macro outlook. What are the positive developments? And what can cause concern?
On positive developments, he cited the expected upbeat domestic demand outlook as inflation has now receded and expected to decline some more. The Bangko Sentral ng Pilipinas (BSP) expects inflation to be within the 2-4% level. There is also the private sector’s risk appetite in taking on major transport projects such as the Metro Manila Skyway 3 project, NLEX-SLEX connector project, and LRT1 extension to Cavite, among others. Other awarded public private partnership (PPP) projects are also ongoing. The government has also initiated the Japan ODA-funded Metro Manila subway to complement PPP projects.
If private investments sustain job and income creation, the unemployed in the rural areas can find jobs in non-farm sectors such as construction to support consumption recovery. There’s excitement over higher discretionary expenditures such as meals eaten outside or beyond basic expenditures which were restrained last year due to higher food and transport costs. Lower underemployment rate with more workers clocking 40 hrs or more per week that also resulted in an average weekly work of 43 hrs — perhaps due to overtime work, support demand. Familiar strengths like resilient OFW flows and BPO export revenues will also help sustain upbeat local demand.
As for concerns, he highlighted key macro downside risks such as the slowdown of the global economy — underpinned by China’s growth prospects of 6%-6.5% — the unresolved US-China trade conflict, and the recessionary climate in Europe heightened by Brexit uncertainty. All of these could easily translate into lower exports of manufactured goods and threaten the stability of our external accounts by causing a larger trade/current account deficit assuming imports stay resilient. Meanwhile, El Niño’s comeback could be a risk to farm output, particularly rice and corn, and also affect farm sector jobs.
The gross domestic product growth forecast is around 6.4% for the year, with first-quarter expansion expected to be slower. But what we will miss in the first quarter due to delayed fiscal spending is expected to be compensated by higher consumption and private investments. And with the approval of the 2019 budget soon, second-half growth could shift to high gear.
Market consensus is that new BSP Governor Ben Diokno is pro-growth and will seize the opportunity to address any bottlenecks as the US Federal Reserve is unlikely to raise its policy rates alongside receding local inflation. To help grease growth and free up bank liquidity, there are expectations of a cut in the banks’ reserve requirement ratio. And as inflation hits rock bottom in the third quarter, the BSP can start trimming its policy rate of 4.75% to lower market rates.
Shielding domestic demand from external macro risks would be key to upbeat growth prospects this year. Fiscal policy has to be unshackled from budget approval delays. Fortunately, it looks like the budget impasse is now resolved. Monetary policy also has to exploit the low inflation environment and address possible choke points like a tightening domestic liquidity situation and higher positive, real interest rates.
CHANGES AT BAP
Meanwhile, last Monday, there was a changing of the guards at the Bankers Association of the Philippines (BAP). BDO Unibank, Inc. and BAP President Nestor Tan bowed down after his three-year term, which saw very impressive results. The banking industry road map was completed early during his BAP presidency with BSP participation identifying mid- and long-term strategies.
The new officers of the BAP are: President: Cezar Consing (Bank of the Philippine Islands president); Vice-President: Antonio Moncupa (East West Banking Corp. vice- chair); Treasurer: Fabian Dee (Metropolitan Bank & Trust Co. president); Secretary: Enrico Cruz (Deutsche Bank head); Non-Executive Secretary: Elmer Serrano.
Congratulations to the new BAP board and set of officers!
 
Flor G. Tarriela is the chairman of Philippine National Bank. She is former undersecretary of Finance and the first Filipina vice president of Citibank N.A. She is a Go Negosyo 2018 Woman Intrapreneur awardee, a FINEX Foundation trustee and an Institute of Corporate Directors fellow. She can be reached at ftarriela@yahoo.com.

Hiring and retaining the brightest managers

Hiring people and losing them in a short period of time is always an expensive situation for any organization. In our case, it’s almost 50%-50% for those who resigned voluntarily and involuntarily within their first year of employment. Knowing this, what are the best strategies to reduce the chance of the wrong people being hired? How do we screen and hire the best and the brightest who will stick to our organization? — Water Lily.
A famous inspirational speaker on leadership is known for his popular public seminars on parenting, including a topic on “How to Raise Better Kids,” among other related concerns. As soon as his four kids grew up to become youngsters, he changed the title of his seminar to “Suggestions for Raising Children.”
When his kids reached their teen years, he discontinued the seminar with no explanation.
Sometimes, when we feel that what’s ideal is not working to our satisfaction, it’s better to move on to other things. In your case, if the trend appears irreversible and you keep on losing people within their first year of employment, chances are there’s something wrong with your screening process.
Yes, that’s right. It’s obvious that you made a mistake somewhere in your hiring process.
Reading books and even this article will not help in your quest for continuous improvement unless you distill the key takeaways and apply them in real work situations. After all, you can’t learn swimming by reading. You need to take the plunge. You must practice what you’ve learned, and then learn, unlearn, and relearn many things, including the lessons of other recruitment practitioners.
But let’s focus on what we can do in hiring and retaining managers and other key personnel with “hot skills.” For non-management people leaving within one year from their hiring date, you need not worry much about them going to other places. They deserve to fatten their work experience elsewhere. As long as you have a one-digit turnover rate, then there’s nothing to worry about.
On the other hand, if you don’t want even non-management people to leave and they have the potential to become future leaders, then create and maintain a systematic management training program for them instead.
Now, let’s explore how we can improve your screening process for managerial candidates and other workers who are difficult to source, screen, hire and motivate. Here are some suggestions for you:
One, choose job candidates who are not in the job market. Convince people who are not actively seeking work to try their luck with you. Indeed, it’s difficult if they’re happy and motivated with their current job. But that’s essentially the point. You don’t want to explore opportunities with active job hunters or job hoppers who shop their CVs around hoping to find the highest bidder. You should only talk to people who have served at least five years with their employers and need a lot of convincing to take a meeting with headhunters.
A note of caution: People who don’t want to leave their current employ are aware that their bosses could create a situation with the help of a friendly headhunter in setting up a fake headhunting situation to test their loyalty.
Two, require managerial applicants to undergo written tests. This requirement may prove the determination of applicants. This may include psychological testing on leadership by an in-house psychometrician or an external service provider like the Psychological Association of the Philippines. Aside from a written test, you can also require applicants to undergo job-related simulations.
Caution: Some people may object to the idea of a written exam. They may have credentials that include at least 10 years of work experience, with foreign scholarships or a post-graduate degree from a prestigious school.
Three, conduct a stressful panel interview with top executives. Stress interviews are done to put the job candidates in an awkward and uncomfortable work situation. The whole idea is to understand how a candidate will react to a stressful situation under scripted conditions. This may include yelling by a designated “bully” in the panel of interviewers.
Caution: Limit the “bully” to one person who must be “restrained” by other interviewers in line with the script. Otherwise, the stressful interview could backfire against the organization. To avoid this, the job applicant must be fully appraised of what happened after the interview.
Four, do background checks of people in the shortlist. Some employers make the mistake of doing background checks after the employment contract has been signed. This is a waste of time, effort and money by an employer. If you can make the background check an integral part of the hiring process, then you can minimize the involuntary resignations of people who may have been dishonest with some information in their application form.
Caution: Organizations don’t simply give out information, particularly if the inquiry is done by phone, text or email. They don’t know you and they’re conscious of the law on data privacy. Better hire a professional investigator with connections everywhere. They can give you an almost complete dossier on the people you want to hire.
Last, do the onboarding process prior to making a job offer. Or even ahead of the signing of an employment contract. Giving orientation to new employees on the first week of hiring is already too late. The best time to orient them is during the hiring process when they’re given the chance to understand the actual situation in the organization. This includes sessions on the company’s culture, management style and values.
Caution: Test the determination of candidates by giving them the chance to back out early. Instead of convincing people, explain the challenging aspects, instead of relying much on the goodness of working for the organization. This is difficult to do especially when the company is hard-pressed to hire somebody. But it is better that way rather than create a situation where everyone is disappointed in the short term.
ELBONOMICS: Set free the best talent so he can freely discover his best fit elsewhere.
 
Send anonymous workplace questions to elbonomics@gmail.com or via https://reyelbo.consulting

How PSEi member stocks performed — March 28, 2019

Here’s a quick glance at how PSEi stocks fared on Thursday, March 28, 2019.

Ex-DPWH head backs creation of water department

PAST and present government officials are supporting the creation a Department of Water to serve as the one entity to oversee the operations of various agencies, a former Cabinet official said.
“I strongly suggest that we advocate… the creation of a Department of Water for more coherent, long-term plans and programs to manage our country’s biggest renewable resource next to air and the sun,” according to Rogelio L. Singson, Meralco PowerGen Corp. (MGen) president and chief executive officer.
Mr. Singson, a former Secretary of Public Works, made the statement during a forum hosted by the Philippine Disaster Resilience Foundation (PDRF) on Thursday.
Based on his count, Mr. Singson said there are at least “30 government agencies and instrumentalities” involved in water, each protective of their own turf and mandate, but with no single entity in charge.
“Creating a Department of Water, I believe, will be a game changer to address disasters caused by flooding, landslides, siltation, potable water shortages and with proper government funding. Or at the very least, if not a department, a strong agency with enough government clout and with somebody in charge,” he said.
Calls to create an overall water agency have come up after customers of Manila Water Co., Inc. experienced massive water service interruptions starting early this month, which prompted Metro Manila’s east zone concessionaire to announce a one-time bill waiver.
Mr. Singson said if the country properly manages its water resources, it could avoid loss of life, damage to property due to flooding and landslides, and prevent a water supply crisis. It could also have enough water to irrigate farmland and maximize the capacity of hydroelectric power plants.
“Yet we can’t seem to learn as these problems keep recurring almost in a cycle as sure as we will experience El Niño, La Niña every so often,” he said.
Mr. Singson said he had worked with the Department of Science and Technology (DoST) and Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA) to complete about masterplans for the country’s six major rivers to mitigate flooding and conserve water.
DoST Undersecretary Renato U. Solidum, Jr. said creating a new department should not be viewed simply from the perspective of adding more people or adding another organization, but the goal should be to make the activities and actions of the government more efficient.
“It is easier to have a coordinated effort if organizations related to water are under one roof rather than… heads of these various groups deciding independently,” he said in an interview.
He said global warming could have an impact on the distribution and supply of water, while also affecting the energy sector through hydropower as well as agriculture and public health.
Guillermo M. Luz, PDRF chief resilience officer, said the business sector has been backing the creation of a Department of Water for some time now.
“We can’t have over 30 agencies managing the water situation across the country. No one really knows who’s in charge, which agency is the in-charge agency, and which jurisdictions are overlapping. So I think it’s kind of practical to move to a single agency and manage water resources on a national basis,” he said.
Before his present post, Mr. Luz was the private sector’s link to the government in drafting initiatives to advance the ease of doing business. PDRF, a private sector vehicle and coordinator for disaster resilience, aims to contribute to the sustainable development and general welfare of Filipinos.
Emmanuel M. de Guzman, secretary and vice-chairperson of the Philippine Climate Change Commission, said he was holding off coming up with a position on the creation of a Department of Water until “we appreciate where we are right now and what is really needed to strengthen water governance in the country.”
“I couldn’t say outright now unless I see the justifications and the whole picture of where we are right now in terms of water governance. I know there are ongoing studies, but they have not been really concluded yet. There are policy reviews going on and also a review of the existing arrangements for water governance,” he said.
“But from what I heard, there really is fragmentation among water sector stakeholders,” he added. — Victor V. Saulon

Lacson confident Palace will partly veto budget

SENATOR Panfilo M. Lacson said Thursday that he is confident that President Rodrigo R. Duterte will veto parts of the P3.757-trillion 2019 budget now awaiting his signature, especially allegedly unauthorized items inserted after the bicameral conference committee approved the spending plan.
“To be honest about it, yes. We’re confident, at least in the Senate, that he will veto (parts of the budget we flagged). This is not a plucked-from-thin-air veto because (internal funding realignments) are wrong. That is why SP (Senate President Vicente C.) Sotto’s (III) attachments (to the enrolled copy of the national budget) were voluminous because we want complete information,” he said.
If no veto comes, “definitely, we’ll respect that because that’s within his authority but it will not prevent us, me particularly, to question. Because if the pork is approved and implemented, the funds are wasted,” he told reporters during the Kapihan sa Senado media forum on Thursday.
“We’re banking on the commitment of the President either publicly or when we met with him in Malacañang, that he will never sign anything that is illegal or unconstitutional,” he added.
Asked if Mr. Lacson plans to question the 2019 national budget over the internal realignments before the Supreme Court, he said he is reviewing his options.
“Not necessarily (before the SC)… It would be a long decision. We did that before in 2014, I think… Nothing happened,” he said.
The 2019 national budget was transmitted to Malacañang on Tuesday after a month-long standoff between the Senate and the House of Representatives over the post-ratification changes made by the House.
Mr. Sotto eventually signed the national budget but expressed “reservations” by attaching a note stating that the provisions added by the House of Representatives after the measure’s ratification on Feb. 8 are unconstitutional.
Members of the House claim that they “itemized” some lump-sum items to clarify how the funds can be spent.
The President’s Spokesperson Salvador S. Panelo told reporters on Tuesday that Mr. Duterte will exercise his judgment in agreeing to the changes made by the House of Representatives.
Mr. Lacson warned that the funds will be wasted if the alleged “pork” in the 2019 budget worth P75 billion is approved by the President because the implementing agency will not be able to implement the projects.
“These are the items not vetted by the agencies. This is always my question: If you do not consult the agencies that will implement and who conducted the preparation phase… and (only for it to be) altered whimsically when it came to the Senate and the House, you can just imagine what will happen to those items. It cannot be implemented,” he said.
He once more floated a plan to seek a supplemental budget to fund the House’s internal realignments worth P75 billion under the Department of Public Works and Highways (DPWH) if Mr. Duterte vetoed the provisions.
“We’ll make sure that the DPWH is present, because there will be committee hearings, to validate that they can implement it. At least the DPWH is aware. We don’t really mind that much to have infrastructure development in the districts. We really need those,” he said.
“For me, the bottom line is the agencies should be informed so it can be implemented properly,” he added. — Camille A. Aguinaldo

WHO finds broad gender disparities in health care top management

WOMEN hold a quarter of senior positions in health care globally despite accounting for about 70% of the total health work force, the World Health Organization (WHO) reported.
In partnership with the Global Health Workforce Network and Women in Global Health, WHO launched the ”Delivered by Women, Led by Men: A Gender and Equity Analysis of the Global Health and Social Workforce” report on March 20. The study found that 234 million people were health care and social services workers worldwide, most of them women, though few of the latter hold senior positions.
“The health and social care sector is the fastest growing employment sector for women, with women comprising seven out of 10 health and social care workers,” the study said.
“Women are 70% of the global health workforce but hold only 25% of the senior roles.”
Some 69% of global health organizations are led by men while 80% of the board chairs are also men. Only 20% of global health organizations have gender parity in their boards while 25% have gender parity at the senior management level.
“In general, women deliver global health and men lead it. Progress on gender parity in leadership varies by country and sector, but generally men hold the majority of senior roles in health from global to community level. Global health is predominantly led by men,” the study reported.
The study said women provide health care to 5 billion people and account for $3 trillion annually generated by the industry, equivalent to 5% of global GDP. The WHO said more than 50% of this value was from unpaid care work. Female health workers also do not equally contribute to the design and delivery of health systems.
“The unadjusted gender pay gap appears to be even higher in the health and social care sector, estimated at 26% in high-income countries and 29% in upper middle-income countries,” the WHO said.
WHO also noted that despite the dominant representation of women in the global health workforce, women earn on average 28% less than men. They added, “Occupational segregation (10%) and working hours (7%) can explain most of this gap, but even when considering ‘equal work’ an ‘equal pay’ gap of 11% remains.”
Occupational segregation is another issue faced by women in the health workforce, with women usually in the nursing sector while surgeons are dominated by men. WHO said, “One reason for this is the perception that surgical specialisms are a male domain where toxic masculinity is common, creating a hostile work environment for women.”
The Gender Equity Hub (Co-chaired by Women in Global Health and World Health Organization) will seek to create solutions in addressing these findings.
“(T)he GEH will develop advocacy and policy toolkits to target key stakeholders, including WHO Member States, to integrate gender-transformative health and social workforce policies into their national health workforce plans,” the WHO said. — Gillian M. Cortez

PHL asks Malaysia, Indonesia to moderate their palm oil exports

THE agriculture ministries of Malaysia and Indonesia have agreed to form a technical working group with the Philippine Department of Agriculture (DA) to address the issue of the oversupply of palm oil in the Philippines, to the detriment of the coconut industry.
“During yesterday’s meeting, it was agreed that the technical working group will draft recommendations on the rationalization of palm oil exports to the Philippines,” DA Secretary Emmanuel Piñol said in a social media post on Thursday, referring to his counterparts, Malaysia’s Ministry of Agriculture and Agro-based Industry and Indonesia’s Ministry of Agriculture.
Mr. Piñol said he proposed that the other two countries’ ministries maintain palm oil exports at a level that will not disadvantage the Philippines’ own coconut and palm oil industry and check the smuggling of crude and refined palm oil to the Philippines, whie opening their markets to Philippine agricultural products.
“Importation data gathered by the DA showed that exports of Palm Oil to the Philippines by both Indonesia and Malaysia have increased by 100% over the last three years,” Mr. Piñol said.
“Since Palm Oil is cheaper than coconut oil, the increase in Palm Oil exports was cited one of the reasons behind the collapse of copra prices,” Mr. Piñol added.
Mr. Piñol said in January that Indonesia is not willing to open its market to Philippine products.
“It looks like they are not really ready to open up their markets. Our negotiators came home disheartened but we are not giving up. We are pursuing,” Mr. Piñol said. — Reicelene Joy N. Ignacio

Regulator approves toll adjustments for SCTEx, MCX

THE TOLL Regulatory Board (TRB) said it approved toll adjustments for Subic-Clark-Tarlac Expressway (SCTEx) and Muntinlupa-Cavite Expressway (MCX) this week.
TRB Executive Director Abraham P. Sales told reporters on Thursday the agency is issuing resolutions to SCTEx operator NLEX Corp. and MCX operator Ayala Corp. approving their pending rate adjustments as provided for by their respective concession agreements with the government.
“They’re entitled [to] yearly adjustments actually. The 2011 [adjustment] has been pending for some time]. It’s the first of the petitions to be resolved for SCTEx,” Mr. Sales said.
For MCX, the adjustment covers 2016, which he described as small.
Mr. Sales said after the approval, the toll operators must follow publication requirements before they are allowed to start collection. He did not provide the approved toll increases, but said the operators are expected to publish the adjusted matrix by next week.
In 2011, the operator of SCTEx at the time, the Bases Conversion and Development Authority (BCDA), filed an application with the TRB to raise tolls for the 93.77-kilometer expressway. The application was not resolved at the time NLEX Corp. took over SCTEx management in October 2015.
“SCTEx is entitled to apply yearly. For NLEx (North Luzon Expressway), every two years… South Luzon Expressway (is also about) every two years. STAR (Southern Tagalog Arterial Road) and CAVITEx (Manila-Cavite Expressway) are about every three years,” Mr. Sales said.
He noted the remaining petitions in SCTEx for the rest of the years from 2011, and all the other petitions for other toll roads, are still being taken up by the TRB Board.
Earlier this month, the TRB also allowed NLEX Corp. to start collecting higher tolls in NLEx for petitions made in 2013 and 2015.
NLEX Corp. is part of Metro Pacific Tollways Corp., the tollways unit of Metro Pacific Investments Corp. (MPIC).
MPIC is one of three key Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT, Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls. — Denise A. Valdez