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Airlines scale down flights to Boracay

By Denise A. Valdez, Reporter

AS the government limits the number of tourists to Boracay island, some local airlines are looking at other tourist destinations to drive passenger growth this summer.

The Civil Aeronautics Board (CAB) issued an April 17 advisory reminding airlines to follow the government’s limit of 6,405 visitors allowed to enter Boracay every day.

“In order to maintain the gains achieved and accomplish further improvements in the rehabilitation of Boracay island, it bears emphasizing that only tourists with confirmed bookings with accredited hotels and other establishments will be allowed to cross the island,” CAB said.

Cebu Pacific had to reduce the frequency of flights to Boracay, which was shut down for six months for rehabilitation, when it reopened last October 2018.

“We don’t have the same number of flights from before Boracay was closed last year. We have scaled down the number of flights to match number of rooms and carrying capacity of the island,” Cebu Pacific Director for Corporate Communications Charo L. Lagamon said in a text message Saturday.

Cebu Pacific currently offers 11 times daily flights to Caticlan from Manila, Cebu and Clark; and twice daily flights to Kalibo from Manila and Cebu. Caticlan and Kalibo are the two gateways to Boracay.

“We had redeployed the frequency from Boracay to other destinations,” Ms. Lagamon added, naming Cebu, Bohol and Puerto Princesa as among the top alternatives for travelers this summer.

AirAsia Philippines President and Chief Executive Officer Dexter M. Comendador said in a text message the carrier also had to cut flights to Boracay because of the limited capacity in the accredited hotels.

“We have less flights to Caticlan now than before it closed,” he said. “Please note that we continued flying to Caticlan and Kalibo despite Boracay closure to help keep the economy alive in that part of Aklan despite our losses. So now we are trying to be more prudent in capacity buildup for a win-win situation.”

To cope, AirAsia Philippines said it is increasing flights to other tourist destinations instead, such as Cebu, Bohol, Davao, Puerto Princesa and other international destinations.

“The Boracay closure gave us a chance to force the introduction of other tourist destinations, especially to the Chinese,” Mr. Comendador said, noting Boracay is a top pick for Chinese visitors.

For Philippine Airlines (PAL), operations in Boracay are still improving despite the government’s stringent rules on tourism.

“By May 1, we are adding a new daily frequency between Manila and Caticlan. This means by that date, we will have 14 flights between Manila and Caticlan (from seven at present),” PAL Spokesperson Cielo C. Villaluna said in a text message.

PAL currently serves 23 flights weekly to Caticlan from Manila, Cebu and Clark; and 21 flights weekly to Kalibo from Manila and Cebu.

“Boracay-focused passengers really prepare and avail of the best buys…and ensure their hotel accommodations… If passengers try out other domestic destinations, it is primarily to explore something new,” she said.

“The pull of Boracay is there. Caticlan is among the best-sellers (for PAL),” Ms. Villaluna added.

Boracay is considered one of the top tourist destinations in the country, which recorded 2.2 million tourists in 2017.

On Monday, Scoot, the low-cost airline of the Singapore Airlines Group, announced it will be suspending flights to Kalibo — a gateway to Boracay island.

Reuters reported that Scoot decided to halt services to Kalibo, Lucknow, Quanzhou and Male “due to a combination of weak demand and shortage of aircraft resources.”

PNB eyes acquisition for consumer finance boost

PHILIPPINE NATIONAL Bank (PNB) has set its eyes on acquiring another financial institution and searching for a strategic partner in a bid to boost its consumer finance business.

In a press conference yesterday, PNB President and Chief Executive Officer Jose Arnulfo A. Veloso said the Lucio C. Tan-led lender is looking at acquiring a bank to “bring PNB to the next level.”

“If you take a look at competitors, it’s not just organic growth that will allow you to move and compete in the top league. So our objective is to be able to find financial institutions that PNB will be able to acquire,” Mr. Veloso told reporters following the bank’s annual stockholders’ meeting in Manila City on Tuesday.

He said the lender plans to acquire another financial firm to complement the bank’s strategy of expanding its consumer finance business.

“Two-thirds of our network is in the provinces. We would like to be able to have a good consumer finance business — it is currently lower than industry. We want to be at the top end of industry. If we can find a bank to acquire, we want a financial institution that will complement the business opportunity we’d like to develop,” the bank president said.

Chester Y. Luy, PNB executive vice-president, said 55% of the bank’s loan book is comprised of corporate loans, while consumer and commercial lending were at 35% and 11% of its total lending portfolio, respectively.

“We cannot do this overnight. We will continue to enhance our large corporate loans booking as well as commercial, and over the next two to three years, this when will see consumer finance taking a more active role,” Mr. Luy said.

“We have our eyes on the ball, and consumer finance is a good strategy for us.”

Previously, the bank said it wants its consumer loans to increase to 38% of its loan book to diversify risk and increase margins.

Apart from looking to acquire another bank, Mr. Veloso added that PNB’s owners are “open” to having a strategic partner which will hold a minority or 20-25% share.

“There are discussions happening for investors, there are also prospects for us to be able to acquire banks — but not yet the kind of discussion to allow us to be able to say we are in serious talks,” he said.

He also noted that the bank is more focused on acquiring a bank than looking for a partner.

For this year, PNB will allot P4 billion for capital expenditures, half of which or about P2 billion will be used for IT expenses.

Q1 EARNINGS
In a regulatory filing yesterday, PNB reported that it booked higher net earnings in the first quarter of the year, with total assets breaching the P1-trillion mark.

The lender booked a P1.9-billion net income in the first three months of the year, up 30% from P1.5 billion posted in the same quarter in 2018.

PNB’s strong bottom line in the quarter was attributed to robust expansion in its total operating income, as net interest earnings and trading and foreign exchange gains improved.

Net interest income increased 10.9% to P7.1 billion in the January-March period from P6.4 billion in the same period last year.

Total loans reached P588.9 billion as of end-March, up 17% year-on-year, while trading and investment securities grew 62% to P188.4 billion.

Meanwhile, PNB’s deposit base grew 13% to P744.8 billion.

Trading and foreign exchange gains also climbed to P856 million in the first quarter from just P45 million a year ago.

Net services and commission income stood at P967 million, up 14% year-on-year, due to improvements in credit card and deposit-related fees.

Excluding provisions for impairment and credit losses, operating expenses grew 13% from a year ago, as robust revenue growth translated to higher business taxes and other business-related expenses.

Overall, PNB’s assets reached P1.03 trillion at the end of March, up 21% from P854 billion the previous year.

PNB shares closed at P52.50 apiece on Tuesday, up 10 centavos or 0.19% from the previous close. — Karl Angelo N. Vidal

Walks, talks and music: FEU’s cultural cornucopia

By Susan Claire Agbayani

LAST WEEK, in a span of three days, the Philippines experienced strong earthquakes that had everyone shaking in fear, from the possibility of another quake or aftershocks. The earthquakes affected all three major island groups of the country.

In their aftermath, government offices, universities and colleges, and private buildings had to be checked for their structural integrity.

It is during these times that older structures like centuries-old churches seem most vulnerable. But how highly do we regard or esteem our heritage structures? How much time, money, and effort do we expend to help preserve them? And how may we help preserve them for future generations?

To answer theses questions, the Heritage Conservation Society (HCS) will hold two talks at the Far Eastern University (FEU) on Morayta, Sampaloc, Manila, on Saturday, May 4, from 1:30 to 5 p.m.

The organization’s president, Mark Evidente will discuss the Heritage Law via his lecture “The Significant Other: The Heritage Law Beyond Presumptions,” to be followed by a talk on the role of technology in heritage structure and documentation titled “The Relevance of Digital Scanning in Documenting Heritage Structures” by HCS trustee and Digiscript, Inc. President Conrad Alampay.

“With what just happened… days ago, it’s never been more significant and important to understand the value of our heritage and culture,” said Jenn Galvez, the External Committee Head of HCS, during a press conference held at FEU late last week.

The HCS is a nonprofit, non-stock organization, advocating the protection and preservation of the country’s built heritage, cultural and historical sites and settings, “upholding the Philippine Constitution that heritage and culture should be developed and preserved for national identity,” she said.

“HCS is the prime mover and advocate for the preservation of Philippine built heritage through advocacy and volunteerism.”

Given its limited resources, “The organization is concentrating on policy making and lobbying to have these laws enacted,” Ms. Galvez said.

WALKS AND MUSIC
The director of the President’s Committee on Culture, Martin Lopez will also conduct a heritage tour around the 91-year-old FEU campus, whose buildings are in the Art Deco style.

“We hope that you’d be able to spend the afternoon and evening of May 4 with us. From discussions to Heritage Walk around this UNESCO-awarded campus — to the concert of the FEU Bamboo Band in the newly restored FEU Auditorium, which was at one point THE cultural center of the Philippines,” Mr. Lopez told members of media during the presscon

The auditorium marks its 70th anniversary this year. Designed by National Artist for Architecture Pablo Antonio in 1949, it was the only venue with air-conditioning and a revolving stage in the period just after World War II.

In an unusual turn, the FEU Bamboo band “goes to Broadway” on May 4.

“We usually perform folk songs and OPMs during events here in FEU,” FEU Bamboo Band Norberto Cads said during the press conference. “We selected Broadway songs because musical theater is becoming popular here in the Philippines. We hadn’t done anything like it before, (so) I challenged the players to do it for the concert this year,” Mr. Cads, who has worked with the bamboo ensemble for 10 years, said. He noted that it is “easier to get the license to do international pieces over any Filipino musical theater.

The evening’s repertoire includes classics from famous Broadway musicals like Mamma Mia! and Les Miserables featuring Banaue Miclat-Jannsen and Raymond Gorospe, together with the FEU Bamboo Band. Ms. Miclat-Jannsen is a three-time Aliw awardee who is also the artistic director of Dulaang UP, while FEU alumnus Mr. Gorospe came home with several medals in different categories from the World Championships of Performing Arts in the US in 2015.

CHORAL COMPETITION
“As part of Heritage Month, we are also promoting our third event, the Musica FEUropa, a choral competition and festival in collaboration with the European Union… It’s also EU month,” FEU’s Mr. Lopez said.

The Musica FEUropa Choral Competition will be held on May 25 and 26.

“This festival and competition has grown tremendously in the last 11 years, but when this was created years ago, the question (we asked ourselves) was, how can we reach out to audiences? How can we celebrate the unique cultures and heritage of Europe? And we thought — why not through music — particularly through choral music?” he said.

The grand champion will get P100,000 plus a trophy.

Choirs from Guadalupe, Sampaloc, Quezon City, Bulacan, Pampanga, and as far as Bicol and Cebu are competing.

Choirs will each be required to sing a choral piece in any Philippine language or dialect, and another piece in any official language of Europe.

Among the judges this year are Dr. Arwin Tan, Prof. Rodolfo Delarmente, and Ma. Theresa Vizconde-Roldan, Teen Category; Prof. Lester Delgado, Jude Roldan, and Emmanuel de Leon, Jr., Open Category; and Prof. Fidel Calalang, Jr., Dr. Beverly Shangkuan-Cheng, Dr. Ed Manguiat, Ma. Lourdes Hermo, and Ramon Lijauco, Jr, Grand Champion.

“One of the benefits for the choirs,” said Mr. Lopez, was that the conductors of choirs were ‘getting direct feedback — just like in an immediate master class — from the adjudicators.’

“You also now have choirs from all around the country. And it gives them the preparation in terms of standards in competing in choir festivals in Europe,” Mr. Lopez added.

In the grand finals, the choirs also have to perform a composition by Filipino composer Sander Choi to “convey the universal language to promote unity, peace, and harmony among different choirs.” Mr. Choi’s works have been performed by local and international choirs.

All the choirs will sing the EU Hymn (“Ode to Joy”) at the end of the competition.

Admission to the May 4 events is P400, inclusive of light snacks and a certificate. To register, check out Event Brite, or download the ticket2me app. To know more about HCS, check out heritage.com.ph, or go to their FB page Heritage Conservation.

BSP assessing BPI glitch

THE BANGKO Sentral ng Pilipinas is still assessing the glitch at the Ayala-led bank. — BW FILE PHOTO

THE BANGKO SENTRAL ng Pilipinas (BSP) is still assessing the technical glitch encountered by the Bank of the Philippine Islands (BPI) as it upgraded its systems earlier this month.

“We’re still assessing whether kung hindi ba talaga sila naging (they were not) careful about it when they tried to do the migration,” BSP Deputy Governor Chuchi G. Fonacier told reporters in Makati on Tuesday.

“We’re still reviewing what’s the situation. Were there backup plans or can we say mayroon ba talagang (was there really) neglect or what? So iyon ang tinitignan natin (That’s what we are looking at),” Ms. Fonacier said.

BPI underwent a major systems upgrade from April 5-7 — making changes to more than 41,000 programs, lines of codes, and copy books — and advised clients that its services, such as online banking, mobile app, automated teller machines and cash accept machines, as well as debit and prepaid Card services, would be unavailable during that time.

However, the unavailability of BPI’s mobile and online channels extended days beyond the stipulated time for some of its customers.

In a speech last week at the bank’s annual stockholders’ meeting, BPI President and Chief Executive Officer Cezar P. Consing said: “Clearly, this was a challenging exercise and we regret the inconvenience that this caused.”

“Unfortunately, a process that in a test environment took less than a day to complete and had been scheduled for over a full weekend spilled over to the following week, inconveniencing many of our clients,” Mr. Consing explained.

BPI reported a net income of P6.72 billion in the first quarter of 2019, up by 7.6% from the P6.25 billion posted in the same period of the previous year.

RHI says still keen on selling Batangas sugar mill

By Arra B. Francia, Senior Reporter

ROXAS Holdings, Inc. (RHI) is negotiating with local firms for the sale of its Batangas sugar mill, after its deal with Gokongwei-led Universal Robina Corp. (URC) fell through due to regulatory restrictions.

RHI Chief Finance Officer Celso T. Dimarucut said Tuesday that three companies have expressed interest in purchasing the assets of Central Azucarera Don Pedro, Inc. (CADPI) in Nasugbu, Batangas.

“Right now there are some ongoing discussions and due diligence…Hopefully we will be able to do something within the year, before our fiscal year ends in September,” Mr. Dimarucut told reporters after RHI’s annual shareholders’ meeting in Makati yesterday.

Mr. Dimarucut said the companies are not players in the sugar industry, but have products that are very close that would allow them to expand their portfolio.

Tycoon Lucio Tan, Sr.’s Tanduay Distillers, Inc. disclosed in March that it is conducting due diligence for CADPI, since this will give it access to its own source of molasses — a necessary raw material for manufacturing alcohol.

RHI expects the due diligence process to be completed within two months, after which the transaction will have to be presented to the Philippine Competition Commission (PCC).

CADPI’s assets are valued at P6.5 billion, according to RHI’s annual report. Mr. Dimarucut, however, noted that URC’s purchase price was higher than the book value.

URC failed to get the PCC’s approval for the acquisition of CADPI last February, as the competition watchdog cited how the transaction will result to a monopoly that may be harmful to sugarcane farmers.

Proceeds from the sale of the Batangas facility will be used to help bring down RHI’s debt of about P11 billion, since the company has incurred several loans to support its production.

“Whatever proceeds we get from that sale we will use that to bring down the debt. But there will still be some residual amount that is needed for the regular working capital,” Mr. Dimarucut explained.

Sought for an outlook for the year, Mr. Dimarucut said they expect to incur a net loss. RHI booked a net loss of P197 million from October to December 2018, the first quarter of its fiscal year 2019. This came amid a 127% increase in revenues to P2.27 billion.

RHI President and Chief Executive Officer Hubert D. Tubio echoed the same sentiment, saying he expects sugar production to be less than the three million 50-kilogram bags it posted in crop year 2018.

“It’s a continuation of what we see from last year because of the effects of weather condition. I think it’s more particularly pronounced in the area of Nasugbu, Batangas where I think most of the fields are not irrigated, so it’s really heavily dependent on rains,” Mr. Tubio explained.

Mr. Tubio cited how the whole district of Batangas has generally seen a drop in production last year to 1.15 million tons from 2.3 million tons before. Of this, CADPI milled about 813,000 tons — the lowest in 31 years.

“That is the biggest challenge not only for us, but also for the planters and the government…Our hope is the government will help us, particularly in the area of irrigation, where the area of Nasugbu is wanting,” Mr. Tubio said.

At Amboise, Leonardo’s last years paint a picture of Franco-Italian harmony

AMBOISE, Loire Valley, France — Commemorations for Leonardo da Vinci’s 500th anniversary begin this week in Amboise, in the Loire Valley, with France and Italy setting aside recent tensions to honor the memory of the Renaissance genius in the town where he spent his final years.

In 1516, aged 64, Leonardo da Vinci left Italy to enter the service of King Francis I of France. Many of his masterpieces — St. John the Baptist, the Mona Lisa — followed him and were sold to the French monarch, forming a legacy now exhibited at the Louvre museum in Paris.

Amid diplomatic tensions between Rome and Paris, his legacy has become contentious, with Italy’s Culture undersecretary Lucia Borgonzoni in November telling Italian media she wanted to renegotiate the planned lending of his works to the Louvre for an anniversary exhibition, because “the French cannot have it all.”

It is unclear, for example, whether the iconic drawing of the Vitruvian Man will eventually leave Venice to join the Louvre for the display.

But on Thursday, in Amboise, French President Emmanuel Macron and Italian counterpart Sergio Mattarella will seek to ease strains between the two normally close allies that have grown more acute since mid-2018, mostly over migration policy.

They will gather at Da Vinci’s tomb, a modest grave in a chapel of Amboise castle containing his presumed remains, and will pay a visit to his house nearby, the Clos Luce, where he died on May 2, 1519.

“It’s an extremely solemn gesture, showing that the two countries have this shared memory, this figure, a culture that binds our two countries,” the director of Amboise castle Jean-Louis Sureau told Reuters in an interview.

Da Vinci’s arrival in France was no accident, because King Francis I wanted him to join the Court to participate in its international influence and refinement, Mr. Sureau said.

“Leonardo da Vinci was unquestionably born in Italy, he’s Florentine, but beyond that, he led a career at the service of several powerful men. This career, and his life, end here, in France,” Mr. Sureau added.

During his three years in France, Da Vinci focused on perfecting unfinished masterpieces, drawing and scientific writing, but also took part in organizing lavish parties for the King of France.

“This universal man, who, to be clear, was first and foremost Italian, can also be seen as the symbol of a European culture, built beyond traditional divisions,” Catherine Simon Marion, delegate general of the Clos Luce, said. — Reuters

Central bank to release ESG guidelines

THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to release this June guidelines incorporating environmental, social, and governance (ESG) finance in banks’ operations.

“They should already incorporate the assessment or impact where some environmental risks would materialize. It would be applicable to all banks, but we are cognizant of the business model. It will largely dependent on the business model and the complexity of size of the operations,” BSP Deputy Governor Chuchi G. Fonacier told reporters in Makati on Tuesday.

“We’re trying to finalize it within May for exposure to the industry…and hopefully by June we can already have it,” Ms. Fonacier said.

Ms. Fonacier said that the guidelines will come out as a circular, but will not be specific rules, as there is no “one-size-fits-all” ESG model for the banks.

“One-size-fits-all is not the approach… High level principles lang siya. Hindi siya sobrang detalyado (It will only contain high level principles. It won’t be very detailed),” Ms. Fonacier said.

In her speech, Ms. Fonacier said the earthquakes that hit the country last week should serve as a wake up call to develop sustainable finance.

“We should prepare for threats or risks that may happen any time especially those that have prolonged significant impact such as those resulting from environmental degradation, climate change or social risks,” Ms. Fonacier said.

She noted that a mandatory approach to sustainable finance may result in short-lived success and even derail progress in embedding ESG in the finance industry as some banks may choose to simply pay penalties “rather than get exposed to uncertain risks” — which is a challenge the BSP is already facing in its mandated lending programs.

“Thus, the BSP believes that the best regulatory approach remains to be one that is “enabling.” An enabling regulatory environment provides high level principles rather than mandatory requirements and considers the business model as well as the size, structure, and complexity of operations of a bank in defining expectations on sustainable finance,” Ms. Fonacier said.

The official said the BSP’s existing regulations on corporate and risk governance will serve as a foundation for its ESG guidelines.

“The proposed policy expects banks to conduct scenario analysis to assess their vulnerabilities over several ESG scenarios and incorporate such results in their capital planning exercises. Banks shall be given flexibility with respect to managing environmental and social risk. We are looking at initially adopting a “comply or explain” approach as we transition to higher expectations in this respect,” she explained. — RJNI

SEC approves rules on social, sustainability bonds

THE Securities and Exchange Commission (SEC) has greenlit the guidelines for the issuance of social and sustainability bonds in line with regional standards.

The commission en banc approved the Guidelines on the Issuance of Social Bonds under the Association of Southeast Asian Nations (ASEAN) Social Bond Standards (SBS), or SEC Memorandum Circular No. 9, during its April 25 meeting.

The ASEAN SBS was developed by the ASEAN Capital Markets Forum, which aims to provide an alternative funding route for companies whose projects provide a social benefit. On the sidelines of the Sustainable Finance Dialogue Forum in Makati Tuesday, SEC Commissioner Ephyro Luis B. Amatong told reporters examples of projects with social benefit include those providing “medical assistance, education, low-cost housing, water.”

On the other hand, projects involved in alcohol, gambling, tobacco, and weaponry may not be used for the issuance of social bonds, as per Section 11 of the memorandum.

The project must also specify a target population, including those living below the poverty line, marginalized populations, vulnerable groups, the unemployed, people with disabilities, migrants or displaced persons, the undereducated, and underserved, according to Section 12 of the approved guidelines.

The social bonds must be issued by an ASEAN-member country. A non-ASEAN issuer may also register provided that the project where the funds will be used is located in an ASEAN country.

The same en banc session saw the approval of the Guidelines on the Issuance of Sustainability Bonds Under the ASEAN Sustainability Bond Standards (SUS), or SEC Memorandum Circular no. 8.

Mr. Amatong explained that sustainability bonds are like a combination of green bonds and social bonds, so that a project with social benefits may also be environmentally friendly.

“So when you have an energy-efficient, low-cost housing project, potentially that is sustainable use of proceeds,” Mr. Amatong cited as an example.

As such, issuers of sustainability bonds must be compliant with both the ASEAN SBS and ASEAN Green Bond Standards (GBS). The SEC approved the guidelines for the latter back in August 2018.

Projects allowed under the ASEAN GBS include those for renewable energy, energy efficiency, pollution prevention and control, environmentally sustainable management of living natural resources and land use, terrestrial and aquatic biodiversity conservation, clean transportation, and climate change adaptation, among others.

Following their issuance, Mr. Amatong said the bonds will be listed on the Philippine Dealing & Exchange Corp., similar to regular bonds.

Companies who issue social and sustainability bonds must also provide an annual report of the offering’s use of proceeds, to ensure that the money raised were actually used for socially beneficial projects.

“The benefit is just attracting investor diversification. If you diversify enough, the pricing becomes tighter… So the more people who want to loan to you, that will make the cost of borrowing lower,” Mr. Amatong said. — Arra B. Francia

Museo de Intramuros opens May 2

THE public can explore and learn about Philippine culture and history by visiting Museo de Intramuros in Manila which opens to the public starting May 2. Admission is free. Managed by the Intramuros Administration (IA), Museo de Intramuros is located in two reconstructions inside the walled city: the San Ignacio Church and the attached Mission House of the Society of Jesus. The museum was designed to house the period art collections of IA that includes ecclesiastical art, furniture, vestments, textiles, and other artifacts. Museo de Intramuros’ official opening, which took place on April 29, was among the highlights of the Intramuros Administration’s 40th anniversary as an institution. The current exhibition presents the story of the evangelization of the Philippines from the perspective of the Filipinos. It explores changes in the “Filipino” psyche as colonization introduced a new religion and culture to the natives. Curated by Dr. Esperanza Gatbonton, Gino Gonzales, Dr. Cecilia dela Paz, Santiago Pilar and Martin Tinio, the exhibition has six components: The Immaculate Conception, The Religious Order, The Patronato Real and the establishment of Parishes, Religious Colonial Paintings, The establishment of a parish and sacred vessels, and The Indio Response.

SSS loan releases increase

THE Social Security System (SSS) saw a pickup in loan releases for retiree pensioners following the relaxed rules approved by the Social Security Commission.

In a statement sent to reporters on Tuesday, the state pension fund said it approved P150.34 million in loans under its Pension Loan Program (PLP) in March, up 53.8% from P97.748 million in loans disbursed to 4,081 retirees in February.

Last month, SSS allowed more retirees to avail of the PLP by relaxing minimum pension requirements.

The new rules allow retiree pensioners with regular and posted monthly pension of at least one month to avail of the lending facility, from the previous requirement of having at least six months of regular pension.

The new guidelines for PLP applications also allow the use of other government-issued identification cards such as Driver’s License, National Bureau of Investigation Clearance, Passport and Voter’s ID among others.

As of end-March, SSS pension loan releases reached P788.664 million to more than 32,872 retiree pensioners.

SSS Bacolod branch approved the most number of applications at 2,240, while the Diliman branch released the highest amount of loans worth P48.08 million.

The SSS launched the loan program on Sept. 3 to respond to growing demand from senior citizens for cheap loans — particularly for emergency medical expenses — and steer them away from loan sharks and other informal lenders. — KANV

Tokhang and talkbacks

By Maria Jovita Zarate

Theater Review
Tao Po!
Written by Maynard Manansala
Directed by Ed Lacson
Presented by Let’s Organize for Democracy and Integrity (LODI)
April 16
PETA Theater Center

TWO EVENTS transpired on April 16 at the PETA Theater Center in Quezon City. The first was the performance of Mae Paner (a.k.a. Juana Change) of a four-part monodrama written by Maynard Manansala and directed by Ed Lacson. The second was the talkback — a forum that followed after the curtain call where the play’s lone actor, the playwright, informants, and sources of inspiration went up the stage to answer queries from the audience.

FOUR VIGNETTES, ONE ACTOR
The phrase “tao po,” as anthropologist Michael L. Tan clarified during the talkback, was an expression that arose during the Spanish times, when a visitor knocked on someone’s door and remarked “tao po” to affirm that he or she is a tao (person), not the aswang or maligno (monsters in Philippine folklore) who occassionally roams the pueblo. “Tao po” is both an assurance that a conversation can be pursued, or a mutually beneficial transaction can happen once a person has been allowed entrance into the dwelling.

In Mr. Manansala’s play on the extrajudicial killings, generally called tokhang, the popular greeting at the doorstep is subverted to create a host of meanings, both good and evil, betrayal and redemption. The title could extend to mean “tao po kami, hindi baboy na kinakatay na lamang…” (we are people, not pigs that are just slaughtered) or “tao po” could be the treacherous words of masked men who knock then stomp on a shanty door to send a volley of gunfire. “Tao po, tao po kami” (We are people) is also that anguished plea from the poor to reiterate their humanity.

Activist and actress Mae Paner takes on four characters, shifting gender, class, and social positions in every role. The first vignette tackled a photojournalist talking to a group of students about the craft of taking pictures in a time of tokhang, where the camera can be an instrument of truth and an accessory to untruth. In the next vignette, Ms. Paner is Nanay Rosing, a zumba instructor stalked by the ghosts of husband and son who were dragged out of their home by the police and shot repeatedly.

In the third vignette, the actress takes on the role of a man, a Davao City policeman who moonlights as a hired killer of drug users and pushers. The last monologue was about a young girl who roams around a public cemetery’s tokhang wall, that unusually tall pile of freshly cemented niches where casualities of Duterte’s drug war are shoved and then quickly covered with a slab of concrete.

The best of the four monologues is arguably the photojournalist’s — taut and lean, with a narrative arc that moved up and down very subtly as he argued his case against the drug war and the tabloid industry with restraint and quiet dignity. Nanay Rosing’s story contrasted the ludic pleasures of dancing to workout music and the incarcerating grip of the memory of husband and son as they were pulled by the ankles and shot. In Duterte’s drug war, no one is ever whole again, trauma leaves wounds that never mend, and yet each of these four characters are all in the process of transforming. The killer’s conscience is not unscathed: he knows the gun is trained on small time users, runners, and pushers, but as a member of the police force he is also summoned to protect the big fish. The orphan’s hopes are like the flickering lights of the candles she offers at those makeshift tombs.

THEATER TALKBACK
Not everyone stays for the talkback sessions. Some find themselves vexed at the patronizing manner in which talkbacks are moderated. Talkbacks can be redundant or can oversimplify the viewing experience.

This talkback though had different tack, largely because of the underhanded style of actor and cultural activist, Joel Saracho, who was tasked to moderate.

From the audience the participants ranged from a law student from the De La Salle University who implored “Please, please, tell us how we can help” to a PUP student who spoke from the theater’s balcony and with a dispassionate inflection: “Nakaka-relate ako kasi tatlong kamag-anak ko na ang natokhang” (I can relate because three of my relatives were killed extrajudiciously) and you knew his stolid disposition was a way of hiding his rage. Screenwriter Bibeth Orteza reiterated the play’s potential to speak to many publics, and goaded the creative team to translate the play into Ilonggo, Waray, Ilokano, and all the major languages of the country. Sunita Mukhi of the College of St. Benilde’s was visibly moved and spoke with force and conviction “Look, everyone, this is the redemptive capacity of the arts.”

But the most powerful voices were the sources and inspiration of the stories featured in this monodrama. Ms. Paner introduced them as Nanay Rosing and the young girl as Lovely. You would think some questions can be very naïve but the responses generate a world of meanings.

A member of the audience took to the microphone and asked “How do feel, Nanay, when you see your story performed?” Nanay Rosing’s quivering voice belied the strength she has forged deep inside and says “Masaya ako nandito kayong lahat, masaya ako hindi pala ako nag-iisa, masaya ako na nakilala ko sila Mae…” (I am happy that you are all here, I am happy to know that I am not alone, I am happy to have met Mae and company) And then Ms. Paner turned to Lovely, the inspiration for the vignette built around the tokhang cemetery wall. She tells the audience that the young girl tries her best to attend most performances of Tao Po! even if she has to borrow money for transportation because it helps her build a sense of connection with people and organizations who care about the plight of children orphaned by the drug war.

Seated at the far end, slightly slouched and head bowed down, photojournalist Raffy Lerma carried with him a kind of diffidence so when someone from the audience stood up and asked “Can we hear from Raffy Lerma?” one would think he would not oblige, and please, could we leave him to his silence because, fair enough, his pictures have spoken.

But no, because Mr. Lerma had a lot to say and, yes, the first vignette is his story, and his angers and frustration he did not hide when he talked about the system that underpins photojournalism in the Philippines. Mr. Lerma admitted to being numbed by the sight of dead bodies, as much as five in a night crawl, but he had to call his own attention so he would not turn insensitive to the idea that he makes his living from the misery of others. For Mr. Lerma, the answers went beyond the photograph and the camera, as he revealed: “Humanap ako ng koneksyon. Nandoon sa pamilya ng mga namatayan, binisita ko sila, sa lamay, pagkatapos ng lamay. Pag pumupunta nga ako sa kanila at nakikilala nila ako, at binabati na ‘Kuya Raffy,’ natutuwa ako…” (I search for a connection. With the family of the dead, I visited them at the wake, after the wake. When I came to them and they learned who I was, their greeting me “elder brother Raffy, I am glad…”)

Both events — the performance and the talkback — carried equal weight in this theater of trauma and testimony. Each buoyed the other in the ferocious currents of Duterte’s drug war. This is a rare moment in the theater scene — when the talkback is more than an appendage to the performance. In the heat of the discussion, the talkbalk became muscle and sinew to the bone of the performance. It transformed the individual experience of viewing to a community conversation for constructing and sharing meaning and making these stories seared into our memory. After all, theater has always been about community.

As the talkback wound down, it felt like the theater had transformed the audience to become its own society.

Tao Po! continues to go on a national tour. On May 8, 4 p.m., it will be staged in La Salle Lipa Centrum, Lipa City, Batangas. On May 10, it will have two performances, at 10 a.m. and 3 p.m., at the University of the Cordilleras in Baguio City. Parties who are interested to sponsor the play may contact Mae Paner through maepaner@gmail.com.

The author writes about the performing arts scene in the country today. She is a member of the jury of Gawad Buhay, the country’s first industry awards body for the performing arts and teaches at the University of the Philippines Open University.

Super consortium’s amended NAIA proposal under review

THE Department of Transportation (DoTr) said it is now reviewing the new draft agreement submitted by the super consortium seeking to rehabilitate the Ninoy Aquino International Airport (NAIA) Monday.

Transportation Undersecretary for Planning Ruben S. Reinoso, Jr. said that after the assessment of the DoTr, the agreement may be turned over to the National Economic and Development Authority (NEDA) for further evaluation.

“We’ll review compliance with (existing) agreements and if ok, endorse to NEDA,” he said in a text message Tuesday, referring to the NAIA consortium’s submitted draft agreement late Monday.

Mr. Reinoso said the DoTr and the consortium agreed on provisions of the draft agreement last Friday. The government earlier set an April 30 deadline for the deal.

The draft agreement includes amended provisions “pertaining to acts of LGU (local government units), judiciary & legislative,” Mr. Reinoso said.

Once the proposal is approved by the NEDA Investment Coordination Committee and the NEDA Board, a Swiss challenge would be conducted.

Under the Swiss challenge, other companies will be invited to submit competing proposals, which the consortium will then have the chance to match.

The consortium initially said it wants to start the competitive process by mid-2019 and kick off the NAIA rehabilitation later this year.

In a chance interview Monday, Transportation Secretary Arthur P. Tugade said the DoTr wants the concession agreement for the NAIA rehabilitation to be patterned after the concession deal on the Clark International Airport.

“We are now comparing the template with Clark with their final proposal. If it is in parallel, then it’s a go. Okay na ’yun [That’s okay],” he told reporters.

Mr. Tugade earlier imposed the April 30 deadline, threatening the consortium that he may drop the proposal because he found the negotiations to be taking too long. The negotiations started after the group was given original proponent status in September.

The NAIA consortium is seeking to rehabilitate and expand NAIA over a 15-year period, with a concession price of P102 billion. It said this will increase the capacity of the Manila gateway from the current 30.5 million annual passengers to 47 million in two years and to 65 million in four years.

The consortium is composed of seven of the country’s top conglomerates, namely: Aboitiz InfraCapital, Inc.; AC Infrastructure Holdings Corp.; Alliance Global Group, Inc.; Asia’s Emerging Dragon Corp.; Filinvest Development Corp.; JG Summit Holdings, Inc.; and Metro Pacific Investments Corp. — Denise A. Valdez

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