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Vios Cup 5 kicks off next month

“WAKU DOKI” motoring action takes center stage anew next month with the kickoff of the one-make race Vios Cup.

Now on its fifth year of staging, Toyota Motor Philippines (TMP) will once again gather some of the top race drivers in the country in its three-leg competition, which has become one of the most awaited motorsports events in the country since its inception in 2014.

The first and last legs of the Vios Cup this year will be held at the Clark International Speedway in Pampanga, while the second leg will be held at Filinvest, Alabang, bringing the motorsports experience back to the streets of Metro Manila.

A brainchild of former TMP President Michinobu Sugata, the Vios Cup is designed primarily to relive motorsports in the country in a waku doki (exciting) manner.

For this year, TMP said it remains committed to this grassroots racing program and develop basic motorsports knowledge and racing skills in the country.

For the fifth season of the Vios Cup, competitors have been divided into three racing categories, namely, Super Sporting Class, Sporting Class, and Promotional Class.

New celebrity racers such as actors’ Diego Loyzaga, Sofia Andres, Chie Filomeno, and Sam Milby are also on tap, joining veteran Vios Cup participants Gretchen Ho, Aubrey Miles, Fabio Ide, and Troy Montero.

Car enthusiasts can also expect upgrades this year in the Super Sporting specifications such as the lightweight hood and trunk lid to further maximize the speed performance of the Vios.

Moreover, it is now equipped with TRD Rotor Disc Brakes providing higher braking power.

The first leg of Vios Cup Season 5 rolls off on April 28, beginning at 10 a.m. The event is open to the public, and admission is free.

The event is done in partnership with Bridgestone and ROTA, supported by Motul, Brembo, AVT, 3M, Denso, OMP, and Tuason Racing. — Michael Angelo S. Murillo

Children’s Games special edition for Duterte

A SPECIAL edition of the UNESCO-recognized Children’s Games was held in Maasin City last Saturday in advance celebration of President Rodrigo R. Duterte’s 73rd birthday today.

The games visited the President’s birthplace where 702 kids from 66 barangays enjoyed playing various team sports as well as Filipino parlor games.

PSC Regional Coordinator for Visayas Nonnie Lopez said that “the PSC is one with President Duterte’s wish for the well-rounded development of the Filipino children through sports. That is why we strategically chose to do it in his birthplace in Southern Leyte.”

Lopez added that “this is the first time that the Children’s Games did it along the coastal areas of the country in hopes of leading the children not only in sports, but also in the preservation of our natural resources.”

PSC Chairman William Ramirez relayed his greetings and said that “the PSC celebrates the birthday of President Rodrigo R. Duterte with a big edition of the Children’s Games. The commission will continue to work along the directive of the president in bringing sports to the farthest end of the Philippines and engage the youth in sports.”

The five-day special edition kicked-off on March 24 in the towns of Libagon, Sogod and Tomas Oppus where 376 children participated.

Another day of games will be done today with joining municipalities of Macrohon, Padre Burgos, Malitbog and Limawasa Island, before the culminating activity tomorrow with Liloan, San Francisco and Pintuyan, San Ricardo participating.

Seventeen more Children’s Games have been scheduled and more are being coordinated to be held this year.

Fultz scores 10 points in return to playoff-bound Sixers

LOS ANGELES — Former first-overall pick Markelle Fultz delivered 10 points in his much-anticipated return as the playoff-bound Philadelphia 76ers crushed the Denver Nuggets, 123-104, on Monday.

The return of guard Fultz, who was a top pick in the 2017 NBA entry draft, comes just a day after the 76ers clinched their first playoff spot in six years.

Joel Embiid scored a team-high 20 points and 13 rebounds and Ben Simmons had seven points, 13 rebounds and 11 assists for the Sixers, who recorded their seventh straight win to move within one game of third place in the Eastern Conference.

With 10 games left in the regular season, Philadelphia will use that time to determine how Fultz can fit into their playoff plans.

Fultz played 15 minutes as a backup guard to Simmons and finished five-of-13 from the field with eight assists and four rebounds in his first game since Oct. 23.

It was just the fifth career NBA game for Fultz who was initially diagnosed with a right shoulder problem then told he had a scapular imbalance.

But with their first playoff berth since 2012 safely tucked away, the club decided it was time for Fultz’s season debut.

Fultz checked in to a standing ovation from the crowd of 20,500 at the Wells Fargo Arena with 2:54 left in the first quarter and drove down the baseline for a quick basket.

Later in the game the crowd chanted, “We Want Fultz!”

Will Barton led the Nuggets with 25 points.

Elsewhere, Kemba Walker moved a step closer to becoming the Charlotte Hornet’s all-time leading scorer with a 31-point performance in a 137-128 overtime victory against the New York Knicks.

Walker was four-of-four from the field as he carried his team over the hump in the extra session at the Spectrum Center on Monday.

He is now 20 points shy of breaking Dell Curry’s franchise scoring record and is in position to do so at home Wednesday against LeBron James’ Cleveland Cavaliers.

Trey Burke scored a game-high 42 points for the Knicks who fell to 27-48 on the season.

In Detroit, the Pistons used a balanced attack to win their fourth game in five contests and claim a 112-106 victory over the Los Angeles Lakers.

Reggie Jackson led the charge with 20 points as six Pistons scored in double figures.

Jackson, who returned to the lineup four games ago after missing 37 games with a foot injury, stayed in the contest right down to the final buzzer. — AFP

Aranar-Nualla tandem wins DSCPI First Quarter Ranking

SEAN MISCHA ARANAR and Ana Leonila Nualla and the pair of Michael Angelo Marquez and Stephanie Sabalo captured the 2018 DanceSports Council of the Philippines, Inc. (DSCPI) First Quarter Ranking Competition recently at the Valle Verde Country Club Ballroom Hall in Pasig City.

Aranar and Nualla bested Mark Jayson Gayon and Mary Joy Renigen to take home the Grade A Standard title, while Marquez and Sabalo beat Cristian Vanni and Camilla Mola to win the Grade A Latin crown of the competition organized by DSCPI President Becky Garcia.

The competition was sponsored by the Philippine Sports Commission, Philippine Olympic Committee, Philippine Amusement and Gaming Board, GNK Ballroom, C+H Multimedia Solutions, Inc., Flawless, Retro DCG-FM 105.9, Studio AK and The Greenery Bulacan.

Aldrin Perez and Cristina Irish Armstrong defeated Michel Flores and Ariane Rose Madrid for the Grade B Standard plum, while Filemon Baguio II and Jhistine Glyde Baguio beat Darren De Guzman and Danica De Guzman for the Grade B Latin crown.

Jose Michael Angelo Cabarles and Febrah Mae Tacorda beat Efren Cesista and Gilie Ballovar to capture the Grade C Standard title while Shaquille Jay Hanz Basan and Cindy Jaz Basan won over Gelmar Ballovar and Sheena Badong to gain the Grade C Latin crown.

The next DanceSport events are the 2018 DSCPI Midyear Ranking and Competition in July 2018, Palarong Pambansa DanceSport Competition on April 17 in Vigan, Ilocos Sur and Cebu WDSF Open and DanceSport sa Sugbu on Sept. 8 at the Waterfront Hotel in Lahug, Cebu.

For inquiries, you may reach the DSCPI Secretariat at 637-2314.

On the ropes

Following their four-set loss to the University of Santo Tomas (UST) Golden Tigresses on Sunday, the National University (NU) Lady Bulldogs were seen breaking down in tears.

I would not blame the young NU ladies for such. Not only was it their fourth straight defeat, I guess some realization also sunk in that they are now on the ropes in the ongoing women’s volleyball tournament for Season 80 of the University Athletic Association of the Philippines.

While the Lady Bulldogs were a picture of “dominance” in the opening round with a 6-1 record, in the second it has been anything but that as they have yet to book a win and have now fallen from first place to now fourth at 6-5.

NU is not exactly playing poor volleyball of late but just could not finish things in their favor.

One would think that at this point of the competition it is now about just adjusting some aspects here and there of a team’s game, yet we have seen erstwhile league-leading NU “regress” in one way or another.

The game against UST last time around was I think representative of how it has been for the Lady Bulldogs for much of the second round.

Looking at their game, I see a lot of “tentativeness” especially when things are not going their way and/or when they are being challenged big time.

Following a great first set where they came from behind to claim the frame, the Lady Bulldogs just could not sustain such for the rest of the match, especially during moments when push came to shove.

Jaja Santiago continued to be the dominant hitter that she is but collectively NU was just outplayed by UST which obviously had a firmer grip on its game and who it is as team.

Coach Babes Castillo tried everything he can to inspire and calm his players but the Lady Bulldogs were not able to respond once again, which undoubtedly is disconcerting, and even, scary.

Good thing for NU in its next two games it will be facing struggling teams University of the Philippines (3-8) and University of the East (2-9) before taking on Far Eastern University (7-4) in its last game.

It might be a good opportunity for the Lady Bulldogs to catch a break and book wins that could well help them create some distance from their closest pursuers Adamson University (5-6) and UST (4-7), and push them inside the Final Four.

But still the need for NU to shape up pronto could not be more underscored lest it find itself finishing another season with a lot of questions hovering over it.

It is not yet late as there are still enough games left to turn things around. So what gives, Lady Bulldogs?

 

Michael Angelo S. Murillo has been a columnist since 2003. He is a BusinessWorld reporter covering the Sports beat.

msmurillo@www.bworldonline.com

Sixers’ Fultz unfolds

Considering how Markelle Fultz’s rookie season has unfolded, describing it as “bizarre” would be an understatement. As the first overall pick in the 2017 draft, he looked to have a promising start to his National Basketball Association career. Unfortunately, shoulder issues and changes in his shooting mechanics (and which led to which depends on the source of information) compelled him to stay in the sidelines after just three games. Since then, speculation had been rampant on what exactly ailed him, and how these concerns would affect his confidence moving forward.

Yesterday, Fultz managed to answer a fair number of questions when he trekked to the Wells Fargo Center in uniform. True, he didn’t put up sterling numbers; in 14 minutes of play, he posted 10 points (on five-of-13 shooting from the field, four rebounds, and eight assists. Then again, they were, if nothing else, indicative of his progress. He certainly looked sharp, displaying nothing of the tentativeness that marked his pre- and early-season outings. And, more tellingly, his jumper (which appeared to be broken in workout videos that surfaced as late as in January) mimicked what he had in college, and what had the Sixers trading up just to acquire him last June.

Needless to say, Fultz’s tireless work ethic helped no end. For all his problems, he never stopped pushing himself to get ready for his return to action. And, to their credit, Sixers officials, teammates, and fans never wavered in their support. It’s why president of hoops operations Bryan Colangelo peached understanding throughout yesterday’s pregame presser, why the 20,585-strong crowd gave him a standing ovation, and why the bench cheered in his every move even during garbage time.

For the foreseeable future, Fultz will be spelling preemptive Rookie of the Year Ben Simmons at the point. He will be playing limited minutes, to be sure, but his importance to the Sixers’ success cannot be overemphasized. He’s undergoing a process, but he’s also a major part of The Process. And if they’re keen on living up to their promise, they need him to do so as well. Meanwhile, all and sundry can rest easy knowing the first step back has been made. As head coach Brett Brown said, “knowing what I know and seeing what I’ve seen, and understanding how special that kid is from a human being standpoint, it’s a good day.”

 

Anthony L. Cuaycong has been writing Courtside since BusinessWorld introduced a Sports section in 1994.

Brick-by-brick hardening of US stance to Russia

WASHINGTON — America’s most sweeping expulsion of Russian diplomats since the Cold War may have seemed like a dramatic escalation in Washington’s response to Moscow, but the groundwork for a more confrontational US posture had been taking shape for months — in plain sight.

While President Donald Trump’s conciliatory rhetoric toward Moscow has dominated headlines, officials at the US State Department, Pentagon, and White House made a series of lower-profile decisions over the past year to counter Russia around the world — from Afghanistan to North Korea to Syria.

The State Department earlier in March announced plans to provide anti-tank missiles to Ukraine to defend against Russia-backed separatists in eastern Ukraine. Mr. Trump’s predecessor as president, Barack Obama, had declined to do so over fears of provoking Moscow.

In Syria last month, the US military killed or injured as many as 300 men working for a Kremlin-linked private military firm after they attacked US and US-backed forces. The White House, meanwhile, firmly tied Russia to deadly strikes on civilians in Syria’s eastern Ghouta region.

Both the White House and Pentagon’s top policy documents unveiled in January portrayed Russia as an adversary that had returned to the center of US national security planning.

That was all before the US said on Monday it would expel 60 Russian diplomats, joining governments across Europe in punishing the Kremlin for a nerve agent attack on a former Russian spy in Britain that they have blamed on Moscow.

Russia has denied any involvement.

With Monday’s announcement, however, it was unclear whether Mr. Trump is promoting — or just acquiescing to — the tougher US stance developed by his advisers and generals.

Mr. Trump’s critics sought to portray him as a reluctant actor in any get-tough approach to Russia, even though one senior administration official described him as involved “from the beginning” in the expulsions of Russian diplomats.

“It is disturbing how grudgingly he came to this decision,” said US Representative Adam Smith, the top Democrat on the House Armed Services Committee.

Still, the Trump administration’s actions run counter to widespread perception, fueled by the president’s own statements, that Mr. Trump has softened America’s stance toward Russian President Vladimir Putin amid a US investigation into Moscow’s meddling in the 2016 presidential election.

Regardless of the tough actions, the inconsistent messaging may undermine Washington’s strategy to deter Moscow’s aggressive behavior, experts warn.

“US signaling is all undercut by Trump’s lack of seriousness about Russia,” said Andrew Weiss, a Russia expert at the Carnegie Endowment for International Peace.

Just last Tuesday, Mr. Trump congratulated Putin on his re-election, drawing sharp criticism from fellow Republicans.

But in another sign of mixed messaging, Mr. Trump two days later named John Bolton, a strident Russia hawk, to become his national security adviser.

DOWNWARD SPIRAL
Although the nerve agent attack was the official trigger for the US expulsions, Trump administration officials warned that the attack should not be viewed in isolation, citing a series of destabilizing and aggressive actions by Moscow.

In Afghanistan, Mr. Trump’s top commander on the ground accused Russia again last week of arming Taliban militants.

On North Korea, Mr. Trump himself told Reuters in January that Russia was helping Pyongyang evade United Nations sanctions.

And less than two weeks ago, the Trump administration imposed the first sanctions against Russia for election meddling and cyber attacks, though it held off on punishing business magnates close to Putin.

US officials and experts widely expect ties to further deteriorate, at least in the near term, and caution that Russia’s next steps could extend far beyond retaliation against American diplomats.

“The risk of escalation doesn’t just come from tit-for-tat punishments,” said Matthew Rojansky, a Russia expert at the Wilson Center think tank in Washington, citing the potential for more aggressive moves from the Middle East to the cyber realm.

US officials have said the Trump administration still seeks to avoid a complete rupture in bilateral relations. One official said Russian cooperation was still sought to address thorny diplomatic issues like North Korea and Iran. — Reuters

S. Korea says watching China closely as senior North Korean visits

BEIJING/SEOUL — South Korea said on Tuesday it was closely watching events that are unfolding rapidly in Beijing, where diplomatic sources said a senior North Korean official was visiting amid reports it was leader Kim Jong Un ahead of a series of historic summits.

Bloomberg, citing three unidentified sources, reported on Monday that Kim was in Beijing in what would be his first known trip outside North Korea since taking power in 2011. The unconfirmed visit also comes ahead of a potential summit with US President Donald Trump.

“The presidential Blue House is watching things in Beijing very closely, while keeping all possibilities open,” said the senior official in Seoul, who spoke on condition of anonymity.

Improving bilateral ties between North Korea and China would be a positive sign before the planned summits, he said.

A Reuters reporter saw a convoy leave Beijing’s Diaoyutai State Guest House, where senior foreign leaders often stay on visits to the Chinese capital, and drive north on Tuesday morning. It was unclear where the convoy was headed.

A senior US official who follows North Korea closely said the available evidence suggested that Kim had traveled to Beijing to meet Chinese President Xi Jinping, but stressed that has not been confirmed.

Diplomatic sources in Beijing said a senior North Korean official was in town, but did not know exactly who.

Underscoring the mystery surrounding the trip, one senior Beijing-based diplomatic source told Reuters simply: “We just don’t know.”

One source with ties to China’s leadership said it was possible Kim’s younger sister, Kim Yo Jong, was in the city. She visited South Korea for the Winter Olympics last month, paving the way for a summit between the two Koreas.

South Korean news agency Newsis reported that Kim Yo Jong and the North’s ceremonial leader, Kim Yong Nam, were visiting Beijing, citing an unidentified North Korea-related source in Beijing.

The pair visited South Korean President Moon Jae-in at his office in Seoul during the Winter Olympics in February.

The US official, speaking on the condition of anonymity, said it was unlikely Kim Jong Un would have sent his sister on such an important mission because that might create an impression she is important enough to be sent on such a high-profile trip, unlike her ceremonial visit to South Korea for the Olympics.

On the contrary, the official said, a summit with Xi would underscore Kim’s standing as a world leader.

Xi and Kim Jong Un both have reasons to meet in advance of Kim’s meetings with Moon and possibly also Trump, the US official said.

“Xi has met Trump, and in many respects learned how to deal with him better than some people here do,” the official said.

“At the same time, despite the recent tensions, he needs to know what Kim has in mind for dealing with the South and the US, and he still has a lot of leverage with the North.”

PURPOSE UNKNOWN
The details of Kim Jong Un’s visit, including its purpose and itinerary, were not yet known, Bloomberg reported. Japanese media reported on Monday that a high-ranking Pyongyang official appeared to have arrived by train in Beijing.

The Blue House official said the South Korean government had been aware of “related movements” in North Korea, such as the train, for a few days but he could not confirm whether Kim or another high-ranking North Korean official was visiting China.

Beijing is the main ally of secretive and isolated North Korea, as well as its biggest trading partner.

China has not confirmed any visit by a North Korean but has not totally censored speculation Kim Jong Un might be in town.

Searches on Baidu News, China’s equivalent of Google News, brought up two stories in the simplified Chinese edition of Taiwanese newspaper the China Times that reported, citing what it said were Internet rumors, that he was on a secret visit to Beijing.

One of the paper’s reports showed pictures taken from Chinese social media of what was purportedly Kim Jong Un’s train in China.

There were also posts on Chinese social media talking about the possibility Kim Jong Un was in China, some citing family members in the Chinese border city of Dandong where the main train link between the two countries is located.

The North Korean leader is due to hold separate summits with South Korea in late April and the US in May, including a potential meeting with Mr. Trump.

“The fact that the summits are being held has been beyond our expectations. Right now, the situation surrounding the Korean peninsula is moving very quickly and it would be inadvisable to think with prejudice,” the Blue House official said.

Kim Jong Un’s father, Kim Jong Il, met then-president Jiang Zemin in China in 2000 before a summit between the two Koreas in June that year.

Kim Jong Il was considered at the time to have made the visit to reaffirm close ties with the North’s biggest ally. — Reuters

Japan’s Abe ‘not involved’ in doctoring documents

TOKYO — A Japanese official at the heart of a cronyism and cover-up scandal that has dented Shinzo Abe’s popularity said Tuesday the prime minister’s office was not involved in falsifying documents.

In hotly awaited parliamentary testimony broadcast live on national television, Nobuhisa Sagawa said only his office took part in altering key documents relating to a controversial land sale, potentially easing the pressure on the embattled Mr. Abe.

“This is an issue only for the finance bureau (of the ministry) … therefore we never reported outside the finance bureau … not to mention reporting to the prime minister’s office,” said Mr. Sagawa, 60.

He added that neither Mr. Abe nor his cabinet secretary or finance minister had ordered the alterations.

Sagawa’s testimony came as fresh polls showed public support for Mr. Abe’s government plunging by double digits, apparently due to the scandal, amid opposition calls for the prime minister to resign.

However, Mr. Sagawa declined to answer detailed questioning about how and when documents were altered, saying he was under criminal investigation.

This sparked furious scenes in the normally restrained Japanese parliament, as opposition lawmakers jeered and dismissed the testimony as a waste of time.

“There is no point in us asking more questions,” shouted Japanese Communist Party lawmaker Akira Koike.

Tetsuro Fukuyama, the secretary general of the largest opposition Constitutional Democratic Party, told reporters: “These were totally hollow answers, and we must say suspicion only increased.”

Political analyst Yoshinobu Yamamoto stressed that Mr. Abe was not out of the woods yet.

“My gut feeling is that the problem won’t go away with this. I expect further developments ahead …. The public will not think this is the end of this problem,” Mr. Yamamoto told AFP.

“His government is in a dire situation but it is not yet bad enough to push him to resign,” he added.

However, financial investors cheered the fact there was no damaging revelation for Mr. Abe and stocks closed up 2.65%.

The scandal revolves around the 2016 cut-price sale of state-owned land to a nationalist school operator who claims ties to Mr. Abe and his wife Akie.

The row deepened when the finance ministry admitted official records of the sale were altered, with references to Abe, his wife, and Finance Minister Taro Aso scrubbed.

Abe has apologized repeatedly, but denies any wrongdoing and has pledged a thorough investigation. — AFP

Ultra-thin sun shield could protect Great Barrier Reef

SYDNEY — An ultra-fine biodegradable film some 50,000 times thinner than a human hair could be enlisted to protect the Great Barrier Reef from environmental degradation, researchers said Tuesday.

The World Heritage-listed site, which attracts millions of tourists each year, is reeling from significant bouts of coral bleaching due to warming sea temperatures linked to climate change.

Scientists from the Australian Institute of Marine Biology have been buoyed by test results of a floating “sun shield” made of calcium carbonate that has been shown to protect the reef from the effects of bleaching.

“It’s designed to sit on the surface of the water above the corals, rather than directly on the corals, to provide an effective barrier against the sun,” Great Barrier Reef Foundation managing director Anna Marsden said.

The trials on seven different coral types found that the protective layer decreased bleaching of most species, cutting off sunlight by up to 30%.

“It (the project) created an opportunity to test the idea that by reducing the amount of sunlight from reaching the corals in the first place, we can prevent them from becoming stressed which leads to bleaching,” Ms. Marsden said.

Researchers from a breadth of disciplines contributed to the project, which was headed by the scientist who developed the country’s polymer bank notes.

“In this case, we had chemical engineers and experts in polymer science working with marine ecologists and coral experts to bring this innovation to life,” Ms. Marsden said.

With its heavy use of coal-fired power and relatively small population, Australia is considered one of the world’s worst per capita greenhouse gas polluters, with advocates urging Canberra to do more to protect the environment.

The reef is also under threat from predatory coral-eating crown-of-thorns starfish, as well as farming run off.

Ms. Marsden said it was impractical to suggest that the “sun shield” — made from the same material found in coral skeletons — could cover the entire 348,000 square-kilometer reef.

“But it could be deployed on a smaller, local level to protect high-value or high-risk areas of reef,” she added.

“The concept needs more work and testing before it gets to that stage, but it’s an exciting development at a time when we need to explore all possible options to ensure we have a Great Barrier Reef for future generations.”

Hard corals, also called reef-building corals, produce a rock-like skeleton made of the same material as classroom chalk — calcium carbonate. Soft corals produce smaller amounts of calcium carbonate.

A report last year from Deloitte Access Economics valued the Great Barrier Reef as an asset worth Aus$56 billion ($43 billion), which included its tourism revenues and indirect value for people who have not yet visited the site but know it exists. — AFP

‘Beast view’ on the island

Text and photos by Aries B. Espinosa

IN December 2017 Nissan Philippines, Inc. (NPI) demonstrated to the market the practical application of its Nissan Intelligent Mobility (NIM) feature in actual driving conditions via a trip to La Union province using the new X-Trail enhanced with the NIM-innovated Around View Monitor (AVM), Forward Collision Warning, and Intelligent Emergency Braking.

NIM, the practical application of the Japanese car maker’s vision of “Zero Emissions, Zero Fatality,” was first integrated into the new X-Trail SUV during the vehicle’s launch in September 2017. It was also during that occasion when NPI committed to make such enhanced active safety technologies present in the vehicles it would introduce to the Philippines from then on.

On March 12-13, NPI re-affirmed that commitment when it organized a 300-kilometer media ride-and-drive of the Nissan Navara 4×4 VL pickups — now equipped with the AVM — around Oriental Mindoro.

The pickup that NPI tagged as “tough and smart” just got more “intelligent” with the addition of the AVM system, which gives the Navara four strategically placed cameras to allow its driver a virtual, composite 360-degree bird’s-eye view of the pickup’s immediate surroundings. If the X-Trail’s AVM made it possible for the urban driver to avoid unseen objects, pedestrians and oncoming vehicles in the concrete jungle, then the Navara’s makes it possible for the hardy off-road driver to carefully negotiate his or her way past logs, boulders, tree branches and narrow forest passes with rocky outcroppings.

The useful AVM was ably demonstrated by automotive expert Georges B. Ramirez as he toured participants on a short but tricky course on the steep slopes of Mount Malasimbo in northern Oriental Mindoro, the same site where the popular annual Malasimbo Music and Arts Festival is held. With just a press of the display button, the AVM activated on the center monitor provides both the bird’s eye view of the entire vehicle, and the detailed view of the vehicle’s blind spots. Another press zooms in on these blind spots, as if the driver had a human “spotter” alighting from the car and looking more closely at the potential point of impact.

The lengthy driving, as well as the special off-road course, re-acquainted the participants with the distinct ride and performance features of the Navara, such as: the 2.5-liter, four-cylinder diesel power plant with a VGS turbo that, when mated to a seven-speed A/T, is capable of generating 187 hp and 450 Nm of torque; the Nissan Intelligent Key with push-button start; the multi-link rear suspension for improved ride and handling comfort; and the vehicle dynamic control, traction control system, hill-start assist and hill-descent control.

In the 4×4 and 4×2 versions of the Navara with AVM, new modifications have also been added, including leather seats with power-adjustable driver’s seat (for the 4×4 VL variant), 18-inch alloy wheels, roof rails (for the 4×2), and Isofix and tethers/anchors (both 4×4 and 4×2) for people bringing infants and children.

The AVM feature is available in the Navara 4×2 EL 6M/T Calibre, 4×2 EL 7A/T Calibre, 4×4 EL 6M/T, 4×4 VL 6M/T and 4×4 VL A/T variants, which also have reduced prices of up to P143,000 because of exemptions granted to pickup trucks in the new automotive tax scheme.

PSE index rebounds as investors pick up bargains

SHARES bounced back past the 8,000 level on Tuesday, with investors going bargain hunting after the main index dipped below record territory in previous weeks.

The 30-member Philippine Stock Exchange index (PSEi) recovered from a two-day slump today, gaining 1.44% or 114.65 points to close at 8,047.03.

The all-shares index also climbed 1.2% or 57.79 points to finish at 4,854.46.

“Valuations were likely the main driver of today’s rally since the index is already trading at historic lows in terms of P/E (price/earnings ratio). Technical indicators also point to the index being oversold,” China Bank Securities, Corp. Research Director Garie G. Ouano said in a text message on Tuesday.

Regina Capital Development Corp. Managing Director Luis A. Limlingan also attributed the market’s increase to the performance of global equities on Monday.

“Philippine markets got a boost from US markets making a huge comeback to help it with an early window dressing,” Mr. Limlingan said in a mobile phone message.

Overnight, the Dow Jones Industrial Average jumped 2.84% or 669.40 points to 24,202.60, while the S&P 500 index rallied 2.72% or 70.29 points to 2,658.55. The Nasdaq Composite index, meanwhile, closed 3.26% or 227.88 points higher to 7,220.54.

Fears of a looming trade war between the US and China also started to ease after the Chinese government said it is open to negotiate with the former. The Chinese government said on Monday that it will maintain trade negotiations and ease access to American businesses.

Most Asian indices also ended in positive territory, lifted by the performance of other global markets.

Back home, financials led the day’s gainers, jumping 2.21% or 45.12 points to 2,085.76. Property followed with a 1.98% or 71.47-point uptick to 3,672.72.

Services added 0.92% or 15.36 points to 1,669.35; industrials increased 0.91% or 103.50 points to 11,391.77; holding firms rose 0.81% or 64.51 points to 7,972.11; while mining and oil gained 0.79% or 85.73 points to 10,885.62.

Advancers outpaced decliners, 148 to 64, while 33 issues remained unchanged.

Some 2.92 billion issues switched hands, resulting in a value turnover of P6.55 billion, inching up from Monday’s P6.34-billion turnover.

Foreign investors booked net sales of P712.85 million on Tuesday, slightly higher than the previous session’s net outflow of P708.18 million.

Ayala Land, Inc. was the day’s most actively traded stock, jumping 2.49% to P41.10 each. Metropolitan Bank & Trust Co. gained 3.37% to P85.80, while SM Prime Holdings, Inc. increased 1.92% to P34.50 each.

The local market will suspend its operations on Thursday and Friday in line with the Lenten break. — A.B. Francia