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Bad breaks

Back when the National Basketball Association (NBA) experienced a dramatic salary-cap rise in 2016, Isaiah Thomas was among those who sought to cash in. Having just been named an All-Star and seeing his importance to the Celtics rise even further, he minced no words about his intention for his next contract, due in 2018. “They better bring out the Brinks truck,” he said then. “They’re paying everybody else. I gotta get something.” He was being himself, to be sure, with the same confidence propelling his competitiveness on the court coming close to braggadocio in a moment of candor.
This time last year, Thomas doubled down on his pronouncement, declaring his worth and worthiness of a huge payday. “I’m a max guy, so I deserve the max” contract, he argued. And he wasn’t just basing his expectation on the numbers he posted in the immediate past season. More importantly, he believed that his loyalty to the Celtics, manifested in his continued play despite physical and personal handicaps, would be repaid in kind; to his credit, he did bleed green and white, continuing to suit up in the regular season and playoffs despite a recurring hip injury and the loss of his sister.
As things turned out, Thomas’ route to the pot of gold at the end of the rainbow was blocked by no less than the Celtics themselves, who promptly shipped him out. From their vantage point, letting him go was a no-brainer; he was an old 28, at 5’9” a perennial defensive liability, and far from a hundred percent given his hip issues. Any other All-Star would have been an upgrade, and erstwhile Cavalier Kyrie Irving even more so. And so he wound up with wounded pride, rehabbing for the rest of the year and fretting about his fit in wine and gold, particularly since his ball-dominant style clashed with that of ultimate playmaker LeBron James.
The turn of the year came, and Thomas’ anxiety proved to be well founded. He struggled on the floor, and not just because he wasn’t in shape and didn’t yet have his timing back. Given the Cavaliers’ thrust for a title, they couldn’t wait for him to get and be better, and so they made him part of a trade-deadline revamp that resulted in him moving to a third franchise in seven months. And as if it wasn’t bad enough that he went to the lottery-bound Lakers, he wound up on the second unit behind rookie Lonzo Ball.
Who knows how a less-resolute player would have reacted following multiple bad breaks? In Thomas’ case, the battle for respect and respectability goes on. Yesterday, he agreed to a one-year deal with the Nuggets for $2 million, far, far, far from the five-year “Brinks truck” contract of $177 million that he was hitherto angling for. He didn’t get max figures; instead, he was handed the veteran’s minimum. And he was fortunate, too; had Nuggets head coach Michael Malone not previously had a relationship with him during his stint with the Kings early in his career, he would have been looking to spend time outside of the NBA.
For Thomas, the fall from grace is nothing new, and presents yet another in a long list of challenges he has had to face as an undersized player. His determination will serve him in good stead, as will his suiting up for the out-of-the-limelight Nuggets. The absence of scrutiny and middling roster should afford him time and opportunity to thrive. And while others see the improvement of his stock as conditional, he remains firm in his contention that it’s a matter of when and not if. His self-assurance is what has made him tick. If nothing else, it’s why he still has a chance at redemption.
 
Anthony L. Cuaycong has been writing Courtside since BusinessWorld introduced a Sports section in 1994.

More livelihood starter kits distributed to Marawi residents

ANOTHER 500 livelihood starter kits were recently distributed by the Department of Trade and Industry (DTI) to displaced residents of Marawi City as part of the rehabilitation program. The business packages, worth P15,000 each, include tricycles and pedicabs to address the need for transportation in the war-torn city. “Maranaos are naturally inclined to be entrepreneurs,” Dr. Habib Macaayong, Mindanao State University (MSU) president said in a DTI statement. The distribution of the kit certificates was held at the MSU main campus in Marawi on July 16, where a forum on financing was also held by the Small Business Corporation, Asa Philippines, and Al-Amanah Islamic Bank. Earlier this year, DTI distributed 756 certificates for sewing, carinderia (eatery), sari-sari store, carpentry, electrician, Maranao delicacies, street food, Kia bongo delivery trucks, and mobile rice mills. This first batch has so far generated more than half a million in earnings, according to the DTI. — Janina C. Lim

Rainy day woes

Motorists drive along a flooded street in Manila on Tuesday, July 17 as tropical depression Henry, which strengthened into a tropical storm and continued to enhance the southwest monsoon, exited the Philippine area. Many parts of Metro Manila and several provinces in northern Luzon were flooded. Classes and government work were suspended in the capital.

DoLE urges displaced Boracay workers to avail of emergency jobs program

A LABOR department official has called on displaced formal sector workers in Boracay to avail of the government’s emergency employment program. Lawyer Johnson G. Cañete, head of the Department of Labor and Employment-Western Visayas (DoLE-6) said they have so far recorded a low turnout for the program, with only about half of the 20,000 target beneficiaries having applied. Under the Boracay Emergency Employment Program-Adjustment Measures Program (BEEP-AMP), displaced employees will receive 50% of the prevailing minimum daily wage in Region 6, equivalent to P4,205.50 per month, while retained workers will be given 25% of the minimum wage. BEEP-AMP beneficiaries will be hired and paid for three months. A separate program is being implemented for informal sector workers. — Louine Hope U. Conserva

Davao underground cable project to be extended to CM Recto Street


THE SECOND phase of the underground cabling project in Davao City will start next month along Claro M. Recto Street. The city government said it is looking at 2020 to complete the program within the downtown area. The first phase, covering the area around the city hall complex, was completed last year. The Underground Distribution System project, spearheaded by Aboitiz Power Corp. subsidiary Davao Light and Power Co., is contained in an ordinance passed in 2014. The city government said digging and construction work for the program will be undertaken betweem 9 p.m. to 5 a.m. to minimize traffic disruption. — Carmelito Q. Francisco

Leading the charge to an Electric future

Text and photos by Kap Maceda Aguila

ELECTRIC vehicles (EVs) have long crossed the divide of the conceptual to mass-production reality, but there remains a number of challenges to their adoption — from high cost to lack of charging stations. It thus has been a constant and loud refrain in markets like ours that a multi-sectoral push is needed to realize a more conducive environment for EVs.
Appropriately focused on the fostering of partnerships “to electrify public and private transport,” the 6th Philippine Electric Vehicle Summit was held recently in Pasay City. In a statement, Electric Vehicle Association of the Philippines (EVAP) President and spokesperson Rommel T. Juan said the two-day event is “all about building partnerships, aligning objectives, and taking collective action to facilitate further adoption of electric vehicles in the country.”
A presentation by Paulo Jose Mutuc, Frost & Sullivan mobility practice senior consultant for Asia Pacific, showed global resurgence of electric vehicles has been helped along by declining cost of EV batteries, which have slid below the $200 mark. Last year, global electric car sales surpassed one million units for the first time — reaching 1.2 million “with battery electric vehicles making up the majority of sales.” EVAP projects this number to rise to 1.6 million units by the end of 2018, with public charging stations estimated to reach 100,000.
Here in the country, some 1,400 e-jeepneys and e-trikes ply the roads in 19 locations, according to the Department of Trade and Industry’s Board of Investments. Not surprisingly, the “known” charging stations are also in these locations. EVAP envisions to have 200 of these in place by 2022.
Mr. Mutuc benchmarked five countries — Thailand, Singapore, Malaysia, India, and Japan — with a more mature EV scene than our own. These are “developing domestic EV markets but interestingly enough are already looking into exports… [whether of vehicles or technology].”
OF RANGE ANXIETY AND OPPORTUNITIES
Regarding EV policy, end users ultimately help shape the discussion. “It’s pretty clear that range is the most well-regulated area — not surprising, as revealed by research and anecdotal evidence, because it’s what potential buyers primarily think about,” added the speaker. Meanwhile, battery attributes are displaying “so many standards at the moment, and we’re far from having harmonious standards across the board,” something “tricky” because of the variety of EVs countries and manufacturers want to roll out.
Consequently, even charging stations are far from hewing to a single design or norm, as “countries are more concerned about putting out the actual [facilities] than standardizing them.” This is also reflective of a relatively early stages of the industry early phases of the industry in this region.
With this in mind, Mr. Mutuc averred that the further development of the EV industry in whichever territory will be helped along by financial incentives — “increasingly becoming the preferred means of allowing more electric vehicles to be on the road in various countries.”
Frost & Sullivan forecasts global EV sales of 23 million by 2025; its present 2% share of the passenger vehicle market will reach 22%. This is expected to happen in concert with the mitigation of so-called “range anxiety.” Today’s batteries are now surpassing an output of 60 kilowatt-hours, allowing users to drive more than 300 kilometers with each charge. As earlier mentioned, EV batteries will continue to get cheaper — costing as little as $100 by 2020.
Domestically, Frost & Sullivan has tracked 16 pending legislative bills pertaining to hybrid and electric vehicles. Four important ones are keying in on non-fiscal incentives such as priority in registration and issuance of plate numbers, exemption from the Unified Vehicular Volume Reduction Program, and free parking.
“It’s not just finding out where the Philippines is in terms of the actual deployment of vehicles and infrastructure but also thinking about… how the industry can move forward,” maintained Mr. Mutuc.
NISSAN WELCOMES DISRUPTION
“There are lots of things happening in the world which are disrupting… the mobility market, the vehicle market, and the energy market — and [adding] pressure on governments and people,” began Nic Thomas, Nissan Motor Corp. director of electric vehicle unit.
During his presentation, the executive revealed an expected intersect by the middle of the next decade of the rising cost of developing internal combustion engine (ICE) vehicles [which have to keep up with progressively stricter emissions regulations] with the lower prices of battery electric vehicles. “The tipping point is coming very soon,” he said, producing “massive acceleration of market.”
Governments are additionally putting the pinch on ICE vehicles to curb air pollution while granting incentives to EVs such as establishing low-emission zones, designating EV parking and lanes. This is happening in concert with the falling cost of renewable energy.
The company is ready for that. Nissan’s Intelligent Mobility program is intently looking at three aspects of future mobility: intelligent power, intelligent driving, and intelligent integration. On its website, Nissan Motor Corp. says that this is “already a reality in Nissans you can drive today — in cars that park themselves, watch what’s happening around you, and step in to keep you out of trouble. Now imagine a near future with cars that can actually learn from one another and EVs that recharge as they drive along, no strings attached. Nissan Intelligent Mobility is making all this, and more, part of a bold, bright tomorrow.”
Nissan is leading the charge with the Leaf, already the world’s bestselling EV with 350,000 units of the car’s first generation delivered. Mr. Thomas shared that 60,000 orders have now been placed for the new Leaf in Japan, the US and Europe, and he harped on the car’s reliability as well. “There’s no film on YouTube with a Nissan Leaf on fire,” he said, with a laugh. Nissan also holds the title for the most electric kilometers driven (4 billion).
For now, the focus for Nissan is in easing in a fully electric tomorrow with its so-called e-Power, “an ideal bridge between ICE and EV, it’s an EV driven by a petrol range extender,” said Mr. Thomas. But there’s no doubt as to the eventual destination. Nissan will release eight new electric vehicles by 2022 — promising a full range of vehicles both emission-less and exciting.

Despite tirades, Duterte wishes tycoon Lucio Tan ‘a thousand years more’

By Arjay L. Balinbin, Reporter
President Rodrigo R. Duterte on Tuesday, July 17, wished Philippine Airlines, Inc. (PAL) chairman Dr. Lucio Tan “a thousand years more” on his 83rd birthday despite his previous tirades against the Filipino-Chinese tycoon.
Last year, Mr. Duterte said that his administration would go after the country’s flag carrier PAL over its alleged unpaid fees amounting to P7.3 billion. The President also linked Mr. Tan to destabilization efforts against him.
“Sir, may God grant you a thousand years more of your life. Happy birthday, Mr. Tan. You are 83 years old and still a success story on all fronts,” the President said in his speech at the unveiling ceremony of PAL’s Airbus A350 and A321 Neo at the Villamor Air Base in Pasay City on Tuesday evening.
He added: “This milestone would not have been possible without the decisive leadership of Dr. Lucio Tan, who is celebrating his 83rd birthday today. Dr. Tan, I wish you a happy birthday and may you continue to be endowed with good health, countless blessings and greater success in all endeavors. Today marks a momentous achievement not only for PAL, but for the entire country as well.”
“I commend the airline for its efforts to deliver quality flight experience to all its passengers by modernizing its fleet, expanding its reach and providing wholehearted care that is distinctively Filipino,” he also said.
Mr. Duterte also thanked PAL and Cebu Pacific Air for helping the government in the repatriation of the distressed Filipino workers from Kuwait last February. “Let me just express my profound gratitude to the two airlines that helped the government during the Kuwait stressful moments, not a crisis… I requested, though we had the money then, Philippine Airlines and Cebu Pacific to fly to Kuwait and bring in some of our countrymen who were there in distress,” he said.
The President noted that PAL’s recent “accomplishments and existing initiatives will encourage more people to travel to the Philippines, thereby boosting our tourism industry.”
“Do remember that you serve as a gateway to the beauty of our islands and the vibrancy of our culture. The tourism sector is full of exciting opportunities that do not only showcase our unique heritage. In fact, it is also a crucial instrument for the development of the livelihood of our citizenry,” the President also said.

Porsche Mission E concept becomes the Taycan road car

PRODUCTION of Porsche’s first purely electric is set to begin in 2019, the company said in a statement.
The car, based on the company’s Mission E concept vehicle, is called Taycan, which Porsche said means “lively young horse,” referencing the one on the Porsche crest.
Powering the Taycan are two permanently synchronous motors with a system output of over 600 hp. This is estimated to propel the car to 100 kph in under 3.5 seconds and to 200 kph in less than 12 seconds. Maximum range is forecast to more than 500 kilometers.
“Our new electric sports car is strong and dependable; it’s a vehicle that can consistently cover long distances and that epitomizes freedom,” said Oliver Blume, chairman of the executive board at Porsche AG.
Porsche said it plans to invest more than six billion euro in electric-powered mobility by 2022, doubling the expenditure it had originally planned. Of the additional three billion euro, some 500 million euro will be used for the development of Taycan variants and derivatives, around one billion euro for electrification and hybridization of the existing product range, several hundred million euro for the expansion of production sites, plus around 700 million euro for new technologies, charging infrastructure and smart mobility.

Wife of new Maute terror cell leader nabbed in GenSan

THE POLICE arrested here on Monday morning the wife of the new leader of the Maute terror group in a series of operations that left a wanted bomb-maker dead. According to Senior Superintendent Raul S. Supiter of the city police office, arrested Nafisah Pundog, spouse of Owaida Marohombsar, also known as Abdulmajib and “Abu Dar,” is now tightly guarded to forestall a possible rescue by the Islamic State-inspired militants. Ms. Pundog is reportedly married to the elusive Abu Dar, the Maranao figurehead of about 50 or so remnants of the Maute terror group holding out in the forested hinterlands of Lanao del Sur, a province of the Autonomous Region in Muslim Mindanao. The Western Mindanao Command in Zamboanga City and its component-unit covering Lanao del Sur and Marawi City, the 103rd Brigade, had separately confirmed that Marohombsar assumed leadership of the Maute terror group after the death of its founders, siblings Omarkhayam and Abdullah Maute, in encounters with soldiers in Marawi City in October last year. — PHILSTAR
>> See the full story on https://goo.gl/xNmJMY

Nation at a Glance — (07/18/18)

News stories from across the nation. Visit www.bworldonline.com (section: The Nation) to read more national and regional news from the Philippines.

The new BMW M5 has all-wheel drive


ALL-WHEEL drive. Seems only proper that the sixth-generation BMW M5 — which on July 15 made its Philippine debut suitably surrounded by supercars of varying makes — is capable of allocating grunt to all four wheels rather than just the rear ones, as the case had been in all previous M5s. The latest car is the most powerful rendition of the model yet, and the added traction guaranteed by all-wheel drive should raise the M5’s performance level as the engine’s output is transmitted to the tarmac more effectively than ever.
Yet the new M5 sticks to the model’s brief by still coming with four doors, a well-appointed cabin that could easily seat five, plus a huge trunk. And all this while wearing relatively subtle styling — only those who know can tell it apart from the regular, higher-variant 5 Series.
Here are key items that mark out the new M5:
• 4.4-liter V8 engine with a twin-scroll turbocharger, evolved from the previous M5, now makes 591 hp and 750 Nm. It is fitted with an eight-speed automatic transmission with Drivelogic. BMW said it shifts quickly and has “optimal ratio spacing” that isn’t only good at efficiently spreading engine output over a wide rev range but also improves fuel consumption, too.
• All-wheel drive system called M xDrive is always switched on, along with the dynamic stability control (DSC). But different driving modes vary handling characteristics, including a rear-wheel drive setting with the DSC off.
• Drive settings can be switched to Comfort, Sport and Sport Plus, each of which alters the behavior of the Drivelogic, the M-specific variable damper control with electronically controlled shock absorbers, and the power steering.
• M-specific exterior pieces are functional rather than cosmetic. These include a front apron with large air inlets for the cooling systems and the brakes; wider fenders (with signature “M gills”) to accommodate larger wheels; carbon fiber-reinforced plastic roof which lowers the car’s center of gravity and reduces weight; aerodynamic side mirrors; a rear diffuser; a rear spoiler; and various other aerodynamic appendages.
• Staggered-size, light-alloy, 20-inch wheels with split spokes are fitted with 275/35 R20 tires in front and 285/35 R 20 at the rear. Wheels are 9.5 inches and 10 inches wide, fore and aft, respectively.
• Cabin features include M leather steering wheel with shift paddles and electrically adjustable sport seats which promise to secure the driver and passengers in place during hard maneuvers.
• Price is set at P14.790 million.

Richard Mille RM 11-02

Richard Mille RM 11-02
INDEPENDENT high-end watchmaker Richard Mille, partner of the Le Mans Classic since it began in 2002, has been creating special pieces to mark each edition of the motor racing event. For the 2018 edition, held in early July, Richard Mille unveiled the RM 11-02 Le Mans Classic. Without doubt a piece of haute horlogerie, the flyback chronograph bears the colors of the competition not only on the movement, but also on its white case band and the rubber collar of its crown. Also on the dial is the Le Mans Classic logo, along with the number 16, indicating the start time of the endurance race. The RM 11-02 Le Mans Classic is limited to 150 pieces.
MOVEMENT: RMAC3 automatic in grade 5 titanium incorporating a variable-geometry rotor, annual calendar, UTC display, 24-hour flyback chronograph and countdown feature
CASE: White ceramic with carbon TPT with skeletonized dial
BRACELET: White ceramic