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Morong Aytas declare 6,600 hectares of ancestral land as conservation zones

MARKING THE start of this year’s National Indigenous Peoples Month, the Magbukun Ayta Indigenous Peoples (IPs) of Sitio Kanawan in Morong, Bataan declared portions of their recently awarded territory as Indigenous Communities Conserved territories and Areas (ICCAs). The event was supported and attended by officials from the National Commission on Indigenous Peoples, Department of Environment and Natural Resources, Subic Bay Metropolitan Authority (SBMA), United Nations Development Programme (UNDP)-Philippines, and other partner civil society organizations. UNDP-Philippines, in a statement, said the ICCA Declaration “is part of the IP group’s bid to protect important cultural and biological sites within their ancestral domain from destruction and degradation.” The Magbukun Ayta’s ICCA is estimated at about 6,600 hectares of land, more than half of the area covered by their Certificate of Ancestral Domain Title (CADT), which was awarded in June this year. “We’ve seen an increase in encroachment and illegal settlement from outsiders in recent years. This ICCA declaration is one of the ways we’re pursuing to address the issue and to protect the environment from further damage,” Chieftain Rodelio Tamundog is quoted in the statement. The Ayta Magbukun ICCA Declaration is a culmination of more than a year of documentation-related activities, including boundary delineation, 3D and digital mapping, resource inventory, and indigenous knowledge, systems, and practices documentation. The Magbukun Ayta’s ICCA is planned for inclusion in the global ICCA Registry hosted by the UN Environment World Conservation Monitoring Centre and at the National ICCA Registry upon its launch later this year.

Palparan starts 40-year jail term at New Bilibid Prison

JOVITO S. Palparan Jr., a retired army major general convicted of kidnapping and illegal detention of student activists, has been transferred from the custody of the Armed Forces of the Philippines (AFP) to the national penitentiary. It took 17 days for the AFP to execute the transfer. Justice Secretary Mernardo I. Guevarra told reporters yesterday that Palparan, tagged as “The Butcher” by human rights groups, was officially turned over to the New Bilibid Prison (NBP) in Muntinlupa City Wednesday night, marking the first day of his 40-years imprisonment. Palparan was found guilty for the kidnapping and illegal detention of University of the Philippines Los Banos students Karen Empeno and Sherlyn Cadapan in 2006. Philippine Army Spokesperson Lt. Col. Louie Villanueva said that Palparan, along with co-accused Felipe Anotado and Edgardo Osirio were turned over to the Reception and Diagnostic Center of NBP. “It is about time he really serves time. We will make sure those who coddled him accountable for later,” Atty. Edre U. Olalia of the National Union of People’s Laywers, which represented the Empeno and Cadapan families, told BusinessWorld in a text message. — Vince Angelo C. Ferreras

Davao City bus system launch moved back to 2019

DAVAO CITY’S planned public bus system in Davao City will be launched in 2019, as originally planned, instead of this year as targeted by the local government, Mayor Sara Duterte-Carpio announced Tuesday. In her State of the City Address, Ms. Carpio said she is “not optimistic that it (implementation of the project) will happen” this year as various components still need to be ironed out. The High Priority Bus System (HPBS) project, which is part of a comprehensive transportation plan undertaken in partnership with the Asian Development Bank, is intended to replace the public utility jeepneys (PUJs) in the city. Ms. Carpio said they are still finalizing the assistance packages for the PUJ sector, composed of about 8,000 drivers, operators and the so-called “barkers” at jeepney stops. The assistance would involve alternative livelihood or investment options, including participation in the HPBS. The city government is also currently in discussions with the Land Transportation Franchising and Regulatory Board, Land Transportation Office, and private bus companies. Five initial routes have already been identified but the mayor said they are still working on “introducing improvements such integrated public transport terminals, designated loading and unloading areas, proper road markings and signs, and additional traffic signals all over the city with appropriate data generation and system analyses capabilities.” Ms. Carpio noted that the deployment of four buses for free rides to the public during the Kadayawan Festival in August “has confirmed and reinforced the conclusion highlighting the need and clamor for a modern, safe and convenient mode of public mass transportation in the city.” — Carmelito Q. Francisco

Cebu’s Duros Group ventures to Siargao

THE LILOAN, Cebu-based Duros Group of Companies is putting more money in tourism-related businesses, including a 38-room resort in Siargao called Gana Siargao Island Resort. Most of the investments, however, will still be focused in different parts of Cebu province. Duros Group President Fe M. Barino, in an interview, said apart from expediting the completion of its 200-hectare township in Liloan, it is also developing a retirement facility within the property, and more hotels in Cebu. Through Duros Land Properties Inc., the company has built big-ticket developments all over Cebu, including 23 Minore Park and the complex hosting Landers Superstore, and will soon complete the 200-room Minore business hotel. In an earlier interview, group chairman Rafaelito Barino said the company is spending about P4 billion for the development of its five-hectare retirement village located inside the 200-hectare Northside Beacon township. At present, the township already hosts a school, mid-rise condominium, the Woodland Towers, pocket subdivisions, an 18-hole golf course, and soon a hotel. The company is also considering the establishment of a hospital or clinic to complete the needed requirement for a full-fledged retirement facility. — The Freeman

Phivolcs’ 100th seismic station installed in Tandag City

THE PHILIPPINE Institute of Volcanology and Seismology (PHIVOLCS) under the Department of Science and Technology inaugurated yesterday its 100th earthquake monitoring station, located in Tandag City, Surigao del Sur province. Phivolcs, in a statement, said the new seismic station enhances their “monitoring capacity and allows faster and more accurate determination of earthquake information.” The Tandag facility is capable of recording not only large magnitude earthquakes, but also very small earthquakes in the Caraga Region, which is a seismically active area, especially Surigao del Sur, due to the presence of the Philippine Fault and the Philippine trench. Phivolcs’ Philippine Seismic Network has been expanded with support from the Japan International Cooperation Agency (JICA).

ALQC to donate land for relocation site of landslide victims

APO LAND and Quarry Corp (ALQC) said on Thursday that it will donate a parcel of land to serve as a relocation site in Naga City, Cebu as well as set up a care fund to rebuild houses for the victims of a landslide near its operations site.
After the landslide that killed more than 70 and forced the evacuation of families in five villages, the Department of Environment and Natural Resources (DENR) and the Cebu provincial government have issued orders to stop quarrying operations of different mining companies, including ALQC.
DENR Secretary Roy A. Cimatu lifted the ban for 90% of the companies last week, but ALQC remains suspended.
In a text message, ALQC Spokesperson Chito S. Maniago said, “We affirm our commitment with the people of the City of Naga as we double our efforts in supporting the local government in restoring normalcy. Our relief operations will continue and to this end, ALQC will donate a parcel of land to serve as a relocation site and provide a care fund for the rebuilding of houses.”
Mr. Maniago did not give the amount for the care fund, adding that the company will reveal it “as soon as we disclose to the local government.”
ALQC is a wholly-owned entity of Impact Assets Corporation, wherein Cemex Holdings Philippines holds 40% equity.
On Thursday, Cemex closed at P2.25 a piece, down by 4.66%. — Reicelene Joy N. Ignacio

Nation at a Glance — (10/05/18)

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

Peso weakens as dollar climbs vs major units

peso dollar bills
THE PESO dropped as the climb in US Treasuries supported the dollar.

THE PESO weakened on Thursday as the dollar strengthened on the back of a jump in US Treasury yields.
The local unit closed the session at P54.32 versus the greenback, 14 centavos weaker than the P54.18-per-dollar finish on Wednesday.
The peso traded weaker the whole day, opening the session at P54.27, which was also its best showing for the day. Meanwhile, it traded as low as P54.41 per US currency intraday.
Trading volume surged to $893.1 million from the $725.2 million that switched hands the previous day.
A foreign exchange trader said the peso declined as the dollar strengthened versus major currencies yesterday.
“We’re continuing to see strong dollar move and this was due to a number of factors. The US economy remains strong as we saw good data last night,” the trader said in a phone interview.
Reuters reported that the Institute for Supply Management’s non-manufacturing activity index jumped 3.1 points to 61.6 last month, the highest reading since August 1997. Meanwhile, the ADP National Employment Report showed private payrolls climbed 230,000 jobs in September.
The positive employment data pushed the benchmark 10-year US Treasury yields to rise nearly 12 basis points to 3.23%, its highest levels since mid-2011.
“This uptick [in jobs data] suggests that [non-farm payroll data] will also be strong this Friday,” the trader added.
Meanwhile, another trader added the jobs data “increased bets of a December Fed (Federal Reserve) rate hike.”
“The slew of positive developments in the US gave support to the dollar in general,” the first trader said. “With the better trend in the US, we’re also seeing weakness in other countries.”
For Friday, the first trader expects the peso to trade between P54.30 and P54.40, while the other gave a P54.30-P54.50 range. — K.A.N. Vidal

Investors take cover ahead of inflation report

THE MAIN INDEX plunged deeper into bear territory on Thursday as investors sold stocks most affected by rising inflation and interest rates.
The 30-company Philippine Stock Exchange index (PSEi) fell 1.63% or 117.53 points to 7,093.34 yesterday, wiping out Wednesday’s recovery. Thursday’s finish marked a 21.7% drop from PSEi’s last peak closing of 9,058.62 on Jan. 29, pushing the bourse farther into bear territory which involves a fall of at least 20% from the latest record high.
The broader all-shares index also stumbled 1.19% or 52.63 points to 4,370.34.
“Investors are on the sidelines, and the lack of catalysts failed to push the market… Mostly contributing to the drop is the property and financial sector” which, Philstocks Financial, Inc. Research Associate Piper Chaucer Tan said in a mobile phone message, are sectors most sensitive to an elevated inflation and interest rate environment.
All sectoral indices ended in negative territory, led by the property sector which dumped 2.59% or 91.95 points to 3,465.72, and financials which shed 2.11% or 34 points to 1,580.14. Holding firms dropped 1.28% or 90.60 points to 6,997.82; mining and oil slipped 0.90% or 78.48 points to 8,687.94; industrial gave up 0.78% or 82.65 points to 10,460.81; while services went down 0.45% or 6.81 points to 1,500.69.
Regina Capital Development Corp. Managing Director Luis A. Limlingan noted that investors await inflation results. “Philippine stocks succumbed to profit taking after one of the rarer occasions of bargain hunting yesterday with investors anticipating the inflation results,” Mr. Limlingan said in a mobile message.
The Philippine Statistics Authority is scheduled to report September inflation today which has been estimated at 6.4% by the Department of Finance and 6.8% by the central bank. A BusinessWorld poll of 13 economists late last week yielded a 6.8% median which, if realized, would be the fastest inflation since February’s 2009’s 7.2%.
Analysts believe damage wreaked by super typhooon Mangkhut, locally called Ompong, last month — estimated at least P26.7 billion worth of crops and livestock — likely stoked price pressures further.
Some 1.05 billion shares worth P4.31 billion changed hands on Thursday, compared to Wednesday’s 587.96 million issues worth P5.44-billion.
“Volume and value of the market also confirms that investors are on the sidelines,” Philstocks’ Mr. Tan said.
Stocks that declined were nearly double those that gained, 122 to 68, while 51 others steadied.
The list of the 20 most active stocks showed 15 that lost, including index heavyweights Ayala Land, Inc. (down 4.69% to P38.60), Ayala Corp. (down 2.18% to P919.50), and SM Prime Holdings, Inc. (down 1.16% to P34.10).
Metro Pacific Investments Corp. and Globe Telecom, Inc. managed to weather the sell-off, gaining 1.04% to P4.85 and 0.45% to P2,220, respectively. — Arra B. Francia

How can the business leaders of tomorrow, save the planet today

Sustainability has become a bit of a buzzword in recent months, used in everything from fashion to tourism. According to the Brundtland Report, sustainability is “development that meets the needs of the present without compromising the ability of future.” But what does that mean in business practice? And how can today’s current generation of pioneers use it to build the future of business?
This was the primary point of discussion during the National Sustainability Summit for Millennials & Gen Zs, held on Sept. 22. More than 500 student leaders from different universities gathered at University of Asia and the Pacific (UA&P)’s Li Seng Giap Auditorium to discuss why sustainability is so much more than just a buzzword.

The issue with renewables

Federico Lopez, chairman of First Philippine Holdings Corporation, called out how the majority of today’s business models have programmed human beings to consume without end, without regard to the cost it entails on our planet. This wasteful, destructive cycle demands a paradigm shift, he said.
Mr. Lopez acknowledges that the most evident method for going sustainable, switching to renewable energy sources, is a difficult one for the Philippines. The national government’s ambivalence towards climate change means legislation falls flat on the House floors, while greed powers the continuous funding of coal-centric projects.
But Mr. Lopez remains optimistic, primarily because of the youth. “In survey after survey done on your generation, it clearly stands out how a majority of you consider the environment and sustainability as among your top concerns, and rightly so,” he said.
“Your direct engagement in energy and sustainability issues is the only assurance we have that the country and the world does not blindly lock itself into the old paradigm that got us into this sorry state.”

Difficult choices

With the impetus on young professionals to create sustainable businesses comes the need for sound strategies for caring about the planet.
His Excellency Jaco Beerends, Deputy Head of the Mission for the Embassy of the Kingdom of Netherlands, and Dr. Bernardo Villegas, Co-founder of UA&P, discussed the active role today’s youth can play.
HE Beerends focused on the power of the individual. “Difficult choices,” he said, such as eating less meat and walking instead of driving, “can be done to contribute as an individual.” Collectively, the youth were encouraged to hold governments and regulatory bodies accountable for their future.
Dr. Villegas emphasized how millennials and Gen Zs “must be the first to rebel against evil consumerism” by “promoting an economy that favors productive diversity and business creativity”. Entrepreneurs must strive to first serve the people and the planet, with profit guided by the simple goal of sustaining their businesses.

Securing a low carbon future

With high carbon concentrations being one of the environment’s greatest threats, Energy Development Corporation’s President & COO Richard Tantoco and The Climate Reality Project PH’s Country Manager Rodne Galicha discussed ways to secure a low carbon future.
Mr. Tantoco listed four steps towards sustaining the environment:

  • Choose one cause and commit,
  • Start a movement,
  • Partner with a business,
  • And consume less.

He also talked about his “Year of Giving” wherein he refused to buy items that he didn’t need, not only to lessen consumption but also to instigate personal improvement. It was difficult but ultimately rewarding, saying, “Repeated acts of giving change the giver more than the recipient.”
Improvement was also a focal point for Mr. Galicha, who stressed that coal is an “obsolete perspective of development”. Comparing our usage of coal to a toxic romantic relationship, he encouraged cutting these literally asphyxiating ties and starting anew with clean, renewable energy — a relationship, he says, that never stops giving.

Communicating climate change

The Age of Anthropocene marks the era where humanity’s actions have become the dominant influence on the Earth’s ecosystems — the era in which we currently live, marked by declining animal populations and metric tons of food waste.
WWF Philippines’ President and CEO Joel Palma mourned that, at the rate humanity is exhausting the earth’s resources, we would need 1.7 planets to sustain our lifestyles.
Yung puhunan mo, ginagamit mo na (You’re already using up your capital),” he said. But aspiring for the One Planet Lifestyle — zero carbon, sustainable transportation, zero waste, and sustainable food and water — can help avert further disasters. Aside from living this lifestyle to set an example, he also encouraged explaining these issues to others and inspiring them to act as well.
But this type of sharing, if done improperly, may cause even important advocacies like sustainability to falter. Finding engaging ways to communicate is vital here.
Ron Jabal, PageOne Media’s CEO, discussed that Gen Z Filipinos entering the workforce are global citizens and social entrepreneurs at heart. Adapting to their means of communication can effectively send the message across. Experiments like Sustainable ITP’s “Climoji”, a sticker pack illustrating the disastrous effects of climate change are attempts to step in that direction.
“At the end of the day,” Mr. Jabal said, “we want meaning made and meaning sent.”

A call to action

The summit’s varied speakers expressed hope that the youth of today would take the lead in building the world of tomorrow, starting initiatives to promote and practice sustainability both in their personal and upcoming professional lives.
The planet’s dire situation can no longer afford inaction and apathy, businesses and enterprises included. As environmentalist and author Bill McKibben said, aptly quoted by Mr. Federico Lopez: “Business as usual and growth as usual spell an end to the world as usual.”
 

Local data science firm among top 10 BI solution providers

Local data science and management consulting firm Cobena is the only Filipino startup to land in APAC CIO Outlook’s Top 10 Business Intelligence (BI) Solution Providers for 2018. The IT publication enlisted the help of distinguished CEOs, CIOs, venture capitalists, and industry analysts to identify emerging and leading BI companies within the region.
Cobena utilizes a “whole-brained” approach to data analytics: balancing rational and data-driven culture (associated with the left side of the brain) with creative strategies (associated with the right side of the brain). This approach has helped them create products such as Gateway, a location analytics platform that helps companies pinpoint prime locations to expand their business. Since it started in 2016, Cobena has retained 90% of its clientele, ranging from FMCG, education, and real estate.
Big data analytics is projected to be one of the next booming industries in the Philippines. For instance, businesses have already started using big data to discover consumer insight. And the public sector is catching on. In a recent symposium, data-driven projects by the government such as the Philippine Earth Data Resource and Observation (PEDRO) Center and the Philippine Research, Education, and Government Information Network (PREGINET) took center stage.
Cobena President & CEO Francis Del Val projects that data analytics could be the third biggest industry supporting the national economy, following OFW remittances and the BPO sector. “The practice of data analytics does not only help businesses grow, but also contributes to the country’s overall economic advancement.”
With APAC CIO Outlook’s recognition, Del Val is also positive about the capability of the Filipino in the IT industry. “We always believe that our world-class Filipino talent and capabilities can make a huge difference. These milestones serve as a reminder of our goal to help businesses become more competitive and efficient, and ultimately help build the nation.”

FIBA-honed Meralco faces Blackwater in PBA return

By Michael Angelo S. Murillo
Senior Reporter
FRESH from their FIBA Asia Champions Cup campaign in Thailand where they finished fourth in the tournament, the Meralco Bolts make their return in the Philippine Basketball Association Governors’ Cup today against the Blackwater Elite at the Smart Araneta Coliseum.
Currently at 1-3 in the season-ending PBA tournament and riding a three-game losing streak, the Bolts try to turn things around beginning in their 4:30 p.m. encounter with the Elite, who are sporting a 4-1 record.
Tasked to represent the Philippines in the Asia Champions Cup held from Sept. 27 to Oct. 2 in Nonthaburi, Meralco competed hard despite being undermanned and wound up at fourth place out of eight competing clubs around Asia.
The Bolts lost to the SK Knights from South Korea, 91-87, on Tuesday to settle for fourth place.
Now back in the PBA, Meralco, which finished runner-up in each of the last two editions of the Governors’ Cup, looks to arrest their skid that has seen it dropped to ninth place to date.
The latest of the Bolts’ defeats came at the hands of the Phoenix Fuel Masters, 96-86, on Sept. 19.
In said game, import Allen Durham finished with a near triple-double of 16 points, 13 rebounds and nine assists while Chris Newsome top-scored with 18 points.
“We have been on and off so far in the tournament,” said Meralco coach Norman Black of the current slump they are in.
Out to keep the Bolts struggling, meanwhile, is Blackwater, currently tied for third place.
The Elite absorbed their first defeat of the conference in their last game against the NLEX Road Warriors, 124-106, on Sept. 26.
Import Henry Walker is leading the way for Blackwater with numbers of 27.4 points, 13.2 rebounds and 5.6 assists.
Also averaging in double-digits in scoring for the Elite are Poy Erram, Nards Pinto and Michael DiGregorio.
Meanwhile, defending champions Barangay Ginebra San Miguel Kings (5-1) play NLEX (4-2) in the main game at 7 p.m.

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