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Actor Ben Affleck, out of rehab, calls addiction a lifelong struggle

LOS ANGELES — Oscar winner Ben Affleck said on Thursday he had completed a 40-day residential alcohol rehab program but said that battling addiction “is a lifelong and difficult struggle.”
Affleck, 46, who also went to rehab in 2017 and 2001, said in a posting on his Instagram account that he remained in outpatient care, and thanked his family, friends and fans for their support.
“Battling any addiction is a lifelong and difficult struggle. Because of that one is never really in or out of treatment. It is a full time commitment. I am fighting for myself and my family,” he wrote.
Affleck has three children with actress Jennifer Garner. The couple separated in 2015 but in August Garner was pictured in Los Angeles driving Affleck to a treatment center.
Affleck shot to fame in 1998 when he shared a screenplay Oscar for drama Goodwill Hunting with his best friend Matt Damon. In 2013, he took home a second Oscar for best picture winner Argo, which he produced and directed.
The Batman and Gone Girl star has often spoken of his struggles with alcohol, which also afflicted his father and his brother, actor Casey Affleck.
Casey Affleck told television show Entertainment Tonight last month that he and Ben come from a long line of alcoholics.
“Ben is an addict and an alcoholic. Most of my grandparents are alcoholics. My father is an alcoholic, as bad as you can be, and he’s been sober for about 30 years. I’ve been sober for about six years,” he said. — Reuters

Opera singer Montserrat Caballe, 85

BARCELONA — Montserrat Caballe, who took opera into the pop charts by singing “Barcelona” with Freddie Mercury three decades ago, died aged 85 on Saturday.
The Spanish soprano, who was born in the Catalan capital, had been in ill health for a number of years and was admitted to hospital in mid-September, a hospital official said. She died in Sant Pau hospital in Barcelona.
The Gran Teatre del Liceu opera house in Barcelona, where Caballe performed more than 200 times, described her as “one of the most important sopranos in history.”
Spanish tenor Jose Carreras said she possessed a voice of great range, combined with a flawless technique.
“Of all the sopranos I’ve heard live in the theater, I’ve never heard anyone singing like Caballe,” Carreras said in an interview with Catalunya Radio.
Spain’s royal family called her “the great lady of the opera, a legend of universal culture, the best among the best.”
“Her personality and her unique voice will always be with us,” the royals said in a tweet.
Caballe released the song “Barcelona” with the Queen frontman Mercury in 1987 and it was used again during the 1992 Barcelona Olympics, a year after Mercury’s death.
“She went beyond opera and classical music showing that opera singers are not just limited to the opera houses but go way beyond that,” Christina Sheppelmann, the Liceu’s artistic director, told reporters on Saturday in Barcelona.
Renowned for her performances of Italian opera, she also worked with the late tenor Luciano Pavarotti.
The Royal Opera House in London, where Caballe sang on a number of occasions between 1972 and 1992, also expressed its condolences, saying she had “inspired millions.”
Among other reactions, Spain’s Prime Minister Pedro Sanchez tweeted: “Sad news. A great ambassador of our country dies, an opera soprano recognized internationally. Her voice and her kindness will always remain with us.”
A government source said Sanchez would attend Caballe’s funeral, which will be held in Les Corts morgue, in Barcelona, at midday on Monday.
Caballe was considered one of the finest modern exponents of the bel canto repertoire, Spain’s Culture Minister Jose Guirao said on Saturday.
“Her loss leaves a huge void,” he said.
Caballe’s almost 60-year international career took her from Basel to New York and beyond.
She began in the Swiss city in 1956, as Mimi in La Bohème, then joined the Bremen Opera, where she sang from 1959 to 1962, in a wide variety of roles.
Wider international recognition came in 1965, when she appeared in a performance of Donizetti’s Lucrezia Borgia at Carnegie Hall in New York.
The performance won her great acclaim from the public and made her an overnight sensation.
Her success led to her debut that same year at the Metropolitan Opera, as Marguerite in Gounod’s Faust.
Her last performance took place in the Catalan town of Cambrills in August of 2014.
However, despite a glittering and successful career, it was not without controversy.
In 2015, at a time when Spain was cracking down on tax evasion as it attempted to rein in a large public deficit during a prolonged economic crisis, Caballe agreed to a fine of €250,000 and a symbolic six-month jail term. — Reuters

Leviste’s ‘low’ electricity rates questioned

A GROUP of solar energy developers has stepped up its opposition to the nationwide franchise being sought by Solar Para Sa Bayan Corp. as it questioned the “low” electricity rates company owner Leandro L. Leviste claimed to offer.
In a statement, Philippine Solar and Storage Energy Alliance (PSSEA) said the cost of electricity being offered by Mr. Leviste’s project in Paluan, Mindoro Occidental “is way above” the P2.34 per kilowatt-hour (/kWh) he publicly declared as the power rate he is offering.
PSSEA said solar groups gathered the actual cost of electricity in his project from the billing statements of his customers in Paluan. Mr. Leviste operates in the town through the project of Solar Philippines Power Project Holdings, Inc., a company which he also leads. He previously said Solar Para Sa Bayan is an entity that he owns in his personal capacity.
PSSEA claims that based on its records, Solar Philippines has charged some of its customers more than P15/kWh, not the P2.98/kwh cost that Mr. Leviste has claimed.
“This information casts doubt on [Solar Para Sa Bayan’s] claims and should warn our lawmakers and regulators about the folly of gifting any single private company with a super franchise that the company could use to monopolize and capture rates,” PSSEA added.
In March this year, Solar Philippines announced the completion of the solar-battery microgrid in Paluan, with 2 megawatts (MW) of solar panels, 2 MW-hours of batteries, and 2 MW of diesel backup. The project is designed to supply reliable power “24 hours a day, 365 days a year, at 50% less than the full cost of the local electric coop.”
The project’s unveiling also marked the launch of Solar Para Sa Bayan, which aims “to bring cheaper, more reliable power to areas poorly served by utilities, in support of the Duterte administration’s aim to end energy poverty by 2022.”
Last week, Mr. Leviste said Solar Para Sa Bayan was already serving five areas — Dingalan, Aurora; Calayan, Cagayan; Claveria, Masbate; Dumaran, Palawan; and Lubang, Occidental Mindoro.
On Monday, Solar Para Sa Bayan said in a statement that thousands of small and medium-sized solar companies were joining forces to apply for solar minigrid franchises in Congress, “to create the first true electric cooperatives in the Philippines.”
It said solar business owners, sole proprietors and enthusiasts were pitching together an average of P20,000 per member to form cooperatives, including the First Philippine Solar Cooperative, the Anak Araw Multipurpose Cooperative, and the United Solar and Renewable Energy Cooperative.
Solar Para sa Bayan said these organizations are part of the Solar Energy Association of the Philippines (SEAP), which it described as “the country’s largest solar industry association composed of members of Solar Power Philippines, a Facebook group of over 120,000 Filipinos from across the country.”
This follows Solar Para Sa Bayan’s application for the country’s first minigrid franchise, which it said some power companies had claimed would unduly benefit one company at the expense of others. — Victor V. Saulon

RCBC partners with KB Kookmin Bank

RIZAL Commercial Banking Corp. (RCBC) has partnered with KB Kookmin Bank Korea, which will provide banking services and financial information assistance to Korean and Philippine firms.
In a statement sent to reporters on Monday, the Yuchengco-led RCBC said it signed a business cooperation agreement with Kookmin Bank last Sept. 20 to “provide high-quality financial services to corporate customers of both countries by adopting customer tie-up program.”
“This business cooperation will provide high-quality products and services to corporate customers of both banks,” the statement read.
According to the agreement, both banks will establish “mutual cooperation for maintaining and increasing corporate customer base,” among others.
Kookmin Bank is the leading commercial bank in South Korea in asset terms. Founded in 1963, Kookmin Bank has 23 global networks in 10 countries, including branches in New York, Tokyo, Beijing and Hong Kong. However, the Korean lender has no presence in the country.
RCBC has a “strong and long-established relationship” with South Korean firms since it started deals with Korean garment and shoe companies in Bataan in late-1970s.
In 2014, the local lender established the Korean Business Relationship Office as more Korean firms wish to expand their businesses in the Philippines.
Aside from its tie-up with the Korean bank, RCBC also partnered with Japanese regional banks Kansai Urban Banking Corp. and Minato Bank in May to help small and mid-size Japanese firms penetrate the domestic market.
RCBC posted a P2.2-billion net income in the first half of the year, down 6.4% from the P2.35 billion logged a year ago due to lower trading gains.
Shares in RCBC closed unchanged at P25.50 apiece on Monday. — KANV

Regus introduces new membership scheme

GLOBAL WORKSPACE provider Regus has announced a new membership scheme catering to the different working needs of businesses and individuals. In a statement, Regus said it offers three options to its members: Lounge, Co-working and Office space. With Lounge, a member can have access to any Regus business lounge. For Co-working, a member will have access to the business lounge and co-working spaces, while the Office membership also includes access to office rentals. “The new membership scheme makes it easier for anybody to enjoy the benefits of flexible working. All members also enjoy unrivalled access to around 3,500 locations in over 1,100 towns and cities in 120 countries around the world, all for a starting price of just P4,990 per month,” Regus said. Aside from the workspaces, private offices and meeting rooms, each Regus location has secure, high-speed WiFi; onsite administrative and reception support; and a kitchen area.

How PSEi member stocks performed — October 8, 2018

Here’s a quick glance at how PSEi stocks fared on Monday, October 8, 2018.

 
Philippine Stock Exchange’s most active stocks by value turnover — October 8, 2018

The Philippines improves in shipping connectivity scorecard, among biggest in tonnage

The Philippines improves in shipping connectivity scorecard, among biggest in tonnage

SRP for rice expected to be in place by late Oct.

By Reicelene Joy N. Ignacio
GOVERNMENT agencies will implement a suggested retail price (SRP) for all varieties of rice starting the last week of October, Agriculture Secretary Emmanuel F. Piñol said on Monday.
“By the last week of October, the DA (Department of Agriculture), DTI (Department of Trade and Industry) and the NFA (National Food Authority) will implement an SRP program for rice. The price range will be determined in a meeting to be held on Oct. 18 with stakeholders, millers and farmers,” Mr. Piñol told reporters after his meeting with the NFA Council.
The agreed SRPs are: P39 per kilogram for regular-milled rice, P42 for well-milled rice, and P44 for long-grain rice. The SRP is subject to seasonal adjustment.
Mr. Piñol also said all retailers of rice are required to sell four varieties, which must be clearly labeled.
“Last week of October, all rice sold in retail outlets will be properly identified as local rice or imported rice. There will only be four classifications: regular well-milled, well-milled, whole grain head rice, and special rice. Under these classifications, the retailer would classify the rice variety, but we will not anymore do branding of rice, like Sinandomeng, like Dinorado. We believe this will put everything in order in the rice supply chain,” Mr. Piñol said.
“There is no such thing as Sinandomeng. On the Dinorado, that will have to be classified as special rice. The imported rice will be classified as imported rice and should not be priced higher than the local rice,” he added.
Mr. Piñol said that the NFA will not regulate the price of special rice which includes brown rice and organic rice, as this would be determined by the sellers.
The Philippine Rice Research Institute also developed RC160, which Mr. Piñol said he hopes to be classified under special rice, and can be sold at P25 per kilo.
Mr. Piñol also said that these rice varieties should be sold in sealed packets and not in open boxes by the middle of 2019, with each pack having a label which indicates the classification, date of harvest, date of milling, the producer, and the miller.
The label should also bear the logos of DA, NFA and DTI, and indicate that the rice conforms to the quality standards set by the three agencies.
“This is for food safety and traceability,” Mr. Piñol said.

Businesses issue urgent call to build new power plants

By Victor V. Saulon
Sub-Editor
THE Federation of Philippine Industries (FPI) has called for the “immediate” construction of new power plants to ensure ample long-term supply of electricity while the government embarks on its massive infrastructure program.
“We want the power industry to step up and do something, so we can prevent a potential problem on electricity supply,” said FPI Chairman Jesus L. Arranza in a statement on Monday.
The federation, which counts as members 34 industry associations and 120 corporations in the manufacturing sector, called on the power industry to work together to ensure electricity supply and prices will not be an added burden to consumers.
Its call is addressed to the Department of Energy (DoE), the Energy Regulatory Commission (ERC) and private companies. The move comes amid concerns on supply and increasing prices of basic consumer goods and commodities, it said.
FPI also pointed out that most of the power plants in the country are ageing or around 15 years old or older, making them prone to unscheduled shutdowns. It questioned the motives of groups that “consistently block and oppose the construction of new power projects amid concerns on unnecessary delays that many projects are experiencing.”
The federation cited the planned 1,200-megawatt (MW) coal-fired power project of Atimonan One Energy, Inc., which has yet to start construction as it awaits regulatory approvals. It said power plants of that scale take around four to five years to build.
“The Atimonan project is an example of a very significant power project that can ensure supply availability in the future,” Mr. Arranza said.
The project is one of seven power plants with which distribution utility Manila Electric Co. (Meralco) entered into a power supply agreement (PSA) on April 29, 2016, or just before the extended deadline set by the ERC.
After the deadline, companies are required to first undergo a competitive selection process or CSP, which subjects a PSA to price challengers. Some sectors questioned the ERC’s extended deadline, leaving projects with a total capacity of 3,551 MW stalled ahead of the resolution of cases before the court.
Agnes T. Devanadera, ERC chairperson and chief executive officer, said the commission was working on eliminating its backlog of 480 cases, but the seven PSAs had been awaiting resolution at the Supreme Court.
“The seven PSAs are not just pending before the Supreme Court but the division endorsed [them] to the en banc, meaning all the entire Supreme Court will hear the case instead of a division of five or seven,” she said in an interview last week.
“We tried to look for a consensus in the commission and it appears that since [the cases are] now being heard at the en banc we might as well wait for it,” she added.
“It’s a collegial body and I cannot just decide singly,” she said.
Ms. Devanadera said that were it not for the court case, the commission would have been free to process the PSAs, which previously met with delays at the ERC with the suspension of four commissioners. Rate-setting cases require a majority vote of the commission.
The ERC will this week have a full complement of five commissioners plus its chairperson as the suspension ends, which also comes after the appointment of two new commissioners as replacements for those who retired.
Separately, the DoE said on Monday that it was rolling out energy projects in Mindanao with the holding of a forum that would present the investment opportunities in the region.
“The forum aims to present opportunities and updates on energy developments, which include the one-grid interconnection project and the establishment of additional power capacities in the area,” the DoE said in a statement.
The DoE said it aims to “bridge investors with financing facilities available for energy projects, concerned government institutions and the business sector for knowledge sharing on the industry’s best practices in the region.”
It earlier certified the Atimonan project as an energy project of national significance, a policy establishing a simplified approval process while harmonizing the relevant rules and regulations of government agencies involved in the permitting process.

Philippines, Japan sign loan deal for New Bohol Airport expansion

THE PHILIPPINE and Japanese governments signed on Monday the supplemental loan agreement for the ongoing New Bohol Airport expansion project on Panglao Island.
“This supplemental loan will cover the extension of the runway from 2,000 meters to 2,500 meters. This will enable the airport to accommodate large commercial aircraft,” Finance Secretary Carlos G. Dominguez III said during the signing ceremony.
Mr. Dominguez also said the loan also covers expansion of the passenger terminal building from 8,500 square meters to 13,300 square meters.
“This anticipates problems of congestion that may arise as tourism traffic in the area will rise quickly in the near future,” he said.
The loan, coursed through the Japan International Cooperation Agency (JICA), consists of P2.1-billion at 0.1% interest for non-consulting services and 0.01% for consulting services, payable over 40 years with a 12-year grace period.
A separate statement from the Department of Transportation said that the loan “finances the re-measurement of quantities and updating of cost of new/additional equipment for the New Bohol Airport Project due to revised scope and the effect of foreign exchange rate between the peso and yen.”
The airport will be upgraded to handle regional flights within the Asia-Pacific, replacing the old Tagbilaran airport, which only hosts domestic flights.
The airport is expected to accommodate about two million passengers annually, compared to 800,000 for Tagbilaran airport.
“The New Bohol airport will be the primary gateway to the province. This will accommodate the rapidly growing number of tourists to accelerate the economic growth of Bohol and contribute to its transformation as another key economic center in the region,” JICA Chief Representative Yoshio Wada said.
Work on the New Bohol Airport began in June 2015, and is expected to be fully operational by November, according to Mr. Dominguez.
Transportation Secretary Arthur P. Tugade meanwhile said that when he took over the project from the previous administration, the progress of construction was about 5%.
“There was some improvement in the accelerated pace in construction,” he said, noting that the initial 2021 completion target was “too long.”
Mr. Tugade said the department will extend the runway further to 2,800 meters in 2019, including the construction of a cargo terminal building, parallel taxiway, and a fuel depot.
Aboitiz InfraCapital, Inc. (AIC) last month was named original proponent for the airport’s operations and maintenance contract.
Mr. Dominguez said that the New Bohol Airport is “a perfect example” of its a hybrid Public-Private Partnership (PPP) financing mode, where the government or official development assistance takes over the initial phase of the project and later bids out its operations and maintenance to the private sector.
“Basically the asset is financed with a very soft loan, and the private sector cannot match that. By getting a low loan amount we are making sure that the public is going to be served properly and they are not going to pay a very high premium, and we can do it faster,” he said.
“If some future government or some future administration needs money, they can actually sell that asset. So while we can get good financing, we are building up our asset base. That’s like the savings of the people which can be tapped if some future administration needs it,” he added.
He said that the government is looking to redevelop the told airport via a possible joint venture with the private sector.
“Tagbilaran we are thinking of maintaining for general aviation or real estate development. That’s another asset that we have we can go in a joint venture,” he said. — Elijah Joseph C. Tubayan

Internet lobby wants tweaks to rules limiting cell-tower players

INTERNET advocacy group Better Broadband Alliance (BBA) said the draft rules limiting the proposed cell-tower industry to two companies should include performance commitments.
In a letter to Department of Information and Communications Technology (DICT) Acting Secretary Eliseo M. Rio, Jr. distributed to reporters on Monday, the BBA said the two-company limit in the first four years should come with guarantees on the extent of tower coverage.
It said these guarantees should include minimum tower deployment based on the network rollout plans of mobile network operators, small telcos and broadband service providers.
“While the BBA is aware that several (tower companies) operate in other countries (such as India, Indonesia, and Myanmar), and while we initially preferred an open market approach, we also recognize the local context-the high learning curve, risks, and difficulties that both the government and investors will have to contend with, as the Philippines shifts to common towers for the first time,” it said.
The DICT’s draft policy on telco infrastructure sharing, which restricted tower companies to two, was met with criticism from prospective tower companies and network providers when presented at a public hearing last month.
Representatives from Globe Telecoms, Inc. and Telenor Group, American Tower Corp. and Frontier Tower Associates aired concerns that setting the two-company restriction may not be effective in speeding up the deployment of towers.
But the BBA said given the transition from past practice of allowing telcos to set up their own towers to registering independent tower companies, it might be best for the government to “be given the leeway to offer incentives to potential investors and to set standards and rollout obligations in exchange for exclusivity, in order to achieve the objectives of expanding coverage at the soonest possible time.”
It noted, however, that the government must allow an unlimited number of tower companies to come in after the four-year trial period.
The BBA also raised the importance of selecting tower companies that will ensure improved services in unserved and underserved areas. It recommended that the government should start allowing other tower companies to come in if the registered ones “show little indication of rolling out in underserved and unserved areas.”
Another point raised by the BBA is the need to include small telcos and broadband service providers in the companies that will submit roll-out plans from which tower companies will base their commitments.
“While it is assumed that the primary clients of the towercos and pole owners will be (Globe and Smart Communications, Inc.), shared infrastructure should also, and more importantly, serve the small players and broadband service providers whose deployments have been limited to date due to the absence of support infrastructure, such as towers and poles, which, on their own, the small players cannot build and operate,” it said.
The BBA added, the policy must add more details on pole sharing policy and disaster resiliency of the infrastructure to be built. It also said the government must consider sustainability of the common towers and poles, and called for provisions that will address expediting the permit process and passing the Open Access Bill at the Senate.
Mr. Rio previously said the DICT plans to finalize the infrastructure sharing policy by November, in time for the entry of the third telecommunications industry player. — Denise A. Valdez

Online job recruitment rises 18% in Aug. — Monster.com

ONLINE recruitment activity in the Philippines grew 18% year-on-year in August, with most industries showing double-digit growth, research firm Monster.com said.
According to the company, which measures online hiring via its Monster Employment Index (MEI), retail hiring had the highest growth in August at 40%, followed by health care (33%), logistics (27%), banking, financial services and insurance (21%), consumer goods (18%), advertising (16%), manufacturing (12%), and engineering (10%).
Hiring activity in the business process outsourcing (BPO) industry was flat while education was the only sector posting a decline, at 3%.
Monster added: “Online hiring seems on a roll in the Philippines, with positive growth numbers in 9 out of 10 job roles monitored by the MEI.”
By occupational area, purchasing/logistics/supply chain jobs grew 38%, followed by sales and business development, health care and human resources and administration, which grew 32% each.
Other occupations posting growth were finance and accounts(31%), software (22%), marketing and communications (18%), hospitality (15%), and engineering (11%).
The one occupational category posting a decline was customer service, down by 1%.
“Infrastructure is the backbone of a country’s economic development. A McKinsey Global Institute study predicts the Philippine economy is set to rise again and will achieve sustained growth over the next decade. The (International Monetary Fund), too, retained its growth forecast of 6.7% for the country. In line with this optimistic outlook, the MEI has reported an uptick in the demand for talent in Logistics and Supply Chains. This can be attributed to the fast-changing infrastructural landscape of the economy which is likely creating more jobs,” said Abhijeet Mukherjee, CEO of Monster.com for the Asia-Pacific and Middle East.
“While the medium-term outlook may be positive, the labor market can be exposed to domestic risks and vulnerabilities as a consequence of market irregularities and structural changes. The government’s Build, Build, Build campaign is looking to pave the way for a new era of growth and prosperity in the Philippines,” he added. — Vincent Mariel P. Galang