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DoubleDragon targets tourists with Pasay food village

By Krista A.M. Montealegre, National Correspondent
DOUBLEDRAGON Properties Corp. is unveiling a food and heritage village targeting locals and tourists within its commercial project in Pasay City.
In a disclosure to the stock exchange on Thursday, the property developer said Islas Pinas will “showcase the abundance and vibrancy of the Filipino culture” and allow local and international guests to experience the Philippines’ heritage sites, its natural resources, hospitality and its cuisine.
Envisioned to be the “new icon of tourism,” Islas Pinas will have a capacity of over 700 seats covering 2,500 square meters (sq.m.) of space.
“Because of the ideal location of DoubleDragon Plaza at DD Meridian Park — our close proximity to the airport terminals and being only about five minutes away from (Ninoy Aquino International Airport Expressway) — we believe Islas Pinas will become a must visit stopover for both domestic and international tourists visiting the capital,” DoubleDragon Chairman Edgar “Injap” Sia II was quoted in a statement as saying.
Islas Pinas is a collaboration between the DoubleDragon Group and chef Margarita Fores to “inspire nationalism and cultivate patriotism” by highlighting the country’s beautiful sites and diverse regional cuisines.
Islas Pinas will put food at the centerstage, offering all-day Filipino breakfast favorites, comfort snacks, signature dishes of different regions of the Philippines, neighborhood baker products and urban street foods.
“DoubleDragon has always believed in embarking on projects with relevance. We believe Islas Pinas will be a landmark in the country, and will showcase the diversity not only of our cuisine and handicrafts but also our landscape and architecture brought about by the rich heritage and culture of the country,” said Marianna H. Yulo, the company’s chief investment officer.
Islas Pinas is the anchor of DoubleDragon Plaza, which forms part of the 4.8-hectare DD Meridian Park commercial and office complex.
The DoubleDragon Plaza is an 11-storey project offering 130,000-sq.m. of leasable office space and an additional 12,000 sq.m. of retail space on the ground floor. The project is located at the corner of Macapagal Avenue and EDSA Extension along the Bay Area in Pasay City.
DoubleDragon Plaza is the first phase of DoubleDragon’s 4.75-hectare DD Meridian Park in Bay Area.
By the end of its development in 2020, DD Meridian Park will have a total gross leasable area (GLA) of 280,000 sq.m.
Shares in DoubleDragon slid 75 centavos or 2.61% to end at P28 each on Thursday.

MARINA on track to comply with EU norms for training seafarers

THE Maritime Industry Authority (MARINA) said it is on track to address concerns raised by the European Maritime Safety Agency (EMSA) regarding the Standards of Training, Certification and Watchkeeping for Seafarers (SCTW).
MARINA Administrator Rey Leonardo B. Guerrero reported at a Maritime Forum in Pasay City that the agency is looking to complete within the month the review and revision of several policies to address issues raised by EMSA after its inspection last March.
“Based on our schedule, we are on track (to meet the deadline). Our next milestone is on Oct. 31, when we will present the evidence of what we’ve submitted. We submitted to them last April 27 the things we will do and the things we have done. In October they will be back here to check. So that’s what we have to work on,” he told BusinessWorld in an interview.
EMSA is the regulatory arm of the European Commission, which ensures that countries involved in seafaring comply with the policies of the European Union on maritime safety. Mr. Guerrero told reporters that the EMSA assessment found several deficiencies with regard to SCTW compliance.
“There are some provisions we have to comply with, especially when it comes to assessment, issuance of certificates, and program implementation,” he said.
He said the findings are being addressed via the update of some MARINA circulars and the correction of deficiencies in maritime school facilities.
Mr. Guerrero said the agency has been in close coordination with the Commission on Higher Education (CHED) to remedy the issues, and has given training schools six months to adopt the revised curriculum.
He also noted that the circulars that EMSA flagged are undergoing legal review, some of which are what he expects to be done within the month.
Mr. Guerrero said failure to comply with EMSA standards will be a big blow to the Philippines’ perceived competitiveness in the maritime industry.
“We’re working closely with European Union member countries because they’re also interested to help,” he said.
Philippine Transmarine Carriers founder Carlos C. Salinas told BusinessWorld he is “optimistic” that MARINA will be able to complete its compliance program by October. “We are doing all our best and I’m very confident and optimistic that we are going be able to reply and to take action,” he said. — Denise A. Valdez

Hollywood plans Bob Marley biopic

NEW YORK — The story of Bob Marley, the Jamaican superstar who in his short life brought reggae into the global mainstream, is set to become a Hollywood biopic. A representative for Paramount Pictures confirmed Wednesday that the studio was developing a film on the life on Marley, who died in 1981 at age 36. The studio did not offer further details but news site Deadline Hollywood said that the reggae legend’s son Ziggy Marley, himself a successful reggae musician, was leading production plans. The late legend has already been featured extensively in concert movies and documentaries, notably the 2012 film Marley by Scottish director Kevin Macdonald which brought together archival footage and interviews. Any Hollywood biopic is likely to be scrutinized in Jamaica and abroad over what it chooses to emphasize. Marley has become loved by global audiences for hits such as “No Woman, No Cry” and “Redemption Song,” but diehard fans often question whether casual listeners appreciate his Afrocentrism, his Rastafarian faith or his major influence as a peacemaker within Jamaica. Marley’s fame has only grown since his death, which was triggered by cancer in a toe. — AFP

Local banks well-positioned to meet new liquidity requirement

By Melissa Luz T. Lopez, Senior Reporter
BIG BANKS are well-positioned to meet new liquidity rules from the central bank, but will have to boost deposit taking and long-term loans to beef up funding, Moody’s Investors Service said.
The credit watcher said the net stable funding ratio (NSFR) requirement announced by the Bangko Sentral ng Pilipinas (BSP) stands “credit positive” for Philippine banks, as the new tool would bolster funding profiles and improve the stability of the banking sector.
“The banks’ adherence to NSFR rules will limit their reliance on less stable funding sources, reducing their sensitivity to tightening market liquidity in times of stress,” Moody’s said in a statement sent yesterday.
The NSFR will require universal and commercial banks to hold enough liquidity or “reliable” sources of funding to match their expected funding needs for one year. These will require big players to hold enough money supply to meet “expected and unexpected cash flows and collateral needs” during day-to-day operations.
The central bank set July-December as the observation period to facilitate a smooth transition and “allow prompt assessment and calibration” of the new requirement. By Jan. 1, 2019, banks unable to meet full coverage will face sanctions from the BSP.
Moody’s said the new rule will strengthen “funding resilience” among big banks by ensuring ample liquidity. In particular, 10 players rated by Moody’s are expected to comfortably meet the NSFR “without challenges.”
These are BDO Unibank, Inc., Bank of the Philippine Islands, China Banking Corp., Land Bank of the Philippines, Metropolitan Bank & Trust Co., Philippine National Bank, Security Bank Corp., Rizal Commercial Banking Corp., UnionBank of the Philippines and the United Coconut Planters Bank.
“These banks currently have strong capital profiles and large bases of current and savings account (CASA) deposits, which are among the most favorable funding sources under NSFR rules, and low reliance on short-term confidence-sensitive wholesale funding,” Moody’s said, noting that these players have been largely reliant on customer deposits.
“We expect the new rule to raise the industry’s demand for CASA and term deposits, and long-term borrowings as banks seek to expand their stable funding base to support future asset growth.”
However, Moody’s noted that mid-sized lenders Security Bank Corp. and UnionBank may incur higher compliance costs as they have smaller deposit bases.
Deposits held by big lenders totalled P10.861 trillion as of end-March which have supported P7.997-trillion outstanding loans, according to BSP data.
The central bank wants lenders to hold enough cash and liquid assets at all times as their inability to service withdrawals or process transactions could bear “unacceptable costs” and affect the financial footing of these firms. This will also bolster safeguards against a repeat of a widespread financial crisis, which is the main goal of the international Basel 3 framework adhered to by central banks.
Moody’s gave a “stable” outlook for the Philippine banking sector for 2018, saying that local players will benefit from “synchronized global recovery and moderate credit growth.”

ERC urged to junk power supply deals without ECC

Photo by Victor V. Saulon

AN intervenor in the seven power supply agreements (PSA) being sought for approval by distribution utility Manila Electric Co. (Meralco) has asked the Energy Regulatory Commission (ERC) to dismiss outright the applications without the required environmental compliance certificates (ECC).
In a statement, Romeo L. Junia, who represents the consumer group Power for People coalition, said he had filed with the ERC a motion to dismiss what he called “defective” applications.
Mr. Junia, a consumer intervenor opposing the seven Meralco PSAs, said he made the filing after he obtained a copy of the March 20, 2018 order of the ERC, which its chairperson Agnes T. Devanadera earlier disclosed to reporters. She said the ERC had ordered about three PSAs without the required ECC to submit the document. The deadline falls due on the third week of June, she added.
Mr. Junia identified the three PSAs as those forged by Meralco with Central Luzon Premier Power Corp. (CLPPC), Mariveles Power Generation Corp. (MPGC) and Global Luzon Energy Development Corp. (GLEDC) In all, they cover a total of 1,600 megawatts (MW).
“The lack of ECC is fatal because the rules require as supporting document the [ECC] issued by the Department of Environment and Natural Resources to the generation company,” he said.
Meralco had sought approval for the PSAs ahead of an expected increase in power demand while existing contracts are set to expire.
Ms. Devanadera earlier said that she had inhibited from the deliberation on the PSA with Atimonan One Energy, Inc. (A1E), the project company developing a 1,200-MW coal-fired power plant in Atimonan, Quezon province.
She said the reason for her decision was because she hails from that province. She had served as mayor of one of its towns.
“Plus may consultancy ako noon, napakaliit naman (I have a consultancy firm before, but it’s very small),” she said about a possible conflict of interest. She did not say which Meralco entity had been her client.
The vote on the Atimonan plant’s PSA comes at a time when two of the ERC’s four commissioners are scheduled to retire on July 10, 2018.
“Remember, even if there’s a quorum there should be three approving the rate,” Ms. Devanadera said.
Meralco PowerGen Corp. (MGen), the power generation arm of Meralco and the parent firm of A1E, is building the P107.5-billion power plant. The plant will be financed through a loan that could not be closed because of a PSA requiring ERC approval.
Meralco previously warned of the escalating cost on the distribution utility should the delay in the PSA approval stretch beyond what is acceptable to the plant’s contractors. For lenders, a PSA is an assurance that a power plant project will bring in a steady stream of revenues to guarantee loan repayment.
Meralco had agreed to buy 1,200 MW of the electrical output of A1E, which previously expected the 600-MW first unit of the project to reach testing and commissioning in December 2020. The second 600-MW unit is set to go through the same process in May 2021. Their respective commercial operation is scheduled in the fourth quarter of 2020 and the fourth quarter of 2025.
Meralco’s controlling stakeholder, Beacon Electric Asset Holdings, Inc., is partly owned by PLDT, Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has interest in BusinessWorld through the Philippine Star Group, which it controls. — Victor V. Saulon

Four by three

By Noel Vera
Video Review
Manhunt
Directed by John Woo
Sky on Fire
Directed by Ringo Lam
Three
Directed by Johnnie To
Wild City
Directed by Ringo Lam

PLAYING CATCHUP: In the ever-changing landscape of World Cinema, what happened to Hong Kong’s “heroic bloodshed” movement — those action filmmakers who featured slow motion, balletic action sequences, guns pointed at each others’ faces?
Eaten up by China, is the short answer. John Woo (whose A Better Tomorrow — the most conscientiously scripted of the early films — started the trend, or at least planted the trend firmly on the international map) went Hollywood and did interesting if not superior work there (Hard Target, the most stylish of the Mission Impossible flicks, Face/Off [my second favorite], and his epic and epically underrated take on World War 2, Windtalkers). Johnnie To has kept steadily working, straying into politics (the Election movies), fantasy noir (Mad Detective), and the odd blood-drenched character piece (Vengeance). Ringo Lam has had the oddest career curve: after doing a series of dark low-budget Van Damme ventures (Replicant, In Hell) he collaborates with Tsui Hark and To on a feature (Triangle) and then — silence for eight years.
Which is how matters lay far as I knew, until I happened to stumble upon four films (all found on Netflix) from these three different filmmakers, giving me some insight on how they’re faring nowadays.
Manhunt 1
Manhunt 2
Woo’s Manhunt is his unembarrassed remake of Andrew Davis’ The Fugitive with the speed limiter removed. Wrongly accused Attorney Du Qiu (Zhang Hanyu) is pursued by relentlessly cool Detective Yamura (Masaharu Fukuyama) through the teeming streets and choppy waterways of Tokyo, both portrayed by a pair of effortlessly charismatic physically eloquent actors (Harrison who? Tommy Lee what?). They’re surrounded by mostly disposable beautiful women (one of which is disposed at film’s start, hence Attorney Qiu’s predicament), but really, the relationship that matters (as in all Woo films) is the one between the two male leads — we even have the required fight sequence where the two men bond, staged with bruising intensity (a length of lumber and a strategically located rock are at one point involved).
The picture is a trip; can’t really call it a good film — there’s a line between faintly absurd and downright ridiculous that Woo likes to skip across and back (a meta form of suspense the filmmaker tossed in without charge) that unfortunately he stumbles over and faceplants on big time for his gleaming corporate laboratory finale — but even then you can’t help feeling a guilty sense of approval. Plot and logic may have been flung out a window but you can be sure Woo captures the gesture in a single balletic shot, in glorious slow motion.
Near the beginning Du Qiu helps out a young woman being harassed — actually an assassin named Rain (Ha Ji-won) waiting for him to walk away before she starts her deadly work — and they talk old movies. That’s the moment the director betrays his hand: Du and Rain — and Woo himself — are wanderers in an alien land, dreaming of a better world they once saw on the big screen. With sentiments like that presented without irony onscreen it’s hard to hold a grudge.
Manhunt’s plot revolves around the MacGuffin of a specially developed drug used to create supersoldiers (Shades of Captain America but with considerably more fun); Ringo Lam’s Sky on Fire — his first after eight years’ silence — is about a specially developed drug that can fight cancer. The plot is, if anything, every bit as complicated as Woo’s pharma thriller but Lam is, if anything, even more old-school than Woo: the car chases and fistfights are done with gritty CGI-free realism, sans slow motion and glamor; Lam of course was director of City on Fire — the great crime thriller ripped off by Quentin Tarantino to start his own more commercially successful if less artistically fruitful career.
Sky on Fire 1
Sky on Fire 2
A subplot involves a trucker (Joseph Chang) trying to obtain the drug for his dying sister (Amber Kuo) and in their scenes together you remember Lam is also skilled at understated human drama. That said, Chang is also involved in one of the film’s best action sequences, suddenly stealing the truck holding magical “ex-stem cells” (Former stem cells?) and slamming and smashing his way to freedom.
Towards the end, Lam is forced to up the ante, and finally the (poorly funded) CGI effects come into play. A dizzyingly tall superscraper named Sky One explodes (hence the title) and all loose plot ends are wrapped up in the required ball of fire (at least I assumed they were; not really keeping track). If I prefer this to Woo’s latest it’s partly because Woo may talk the talk about old-school filmmaking, but Lam for the most part walks the walk (till, say, that “explosive” climax), and does so more deftly.
Johnnie To’s Three, like the previous two, is set in the medical industry (What’s up in Asia anyway — is there some simmering health-care crisis we don’t know about?) in the ward of a large (fictional) hospital; unlike the previous two, this film has a crackerjack premise: gang boss Shun (Wallace Chung) is accidentally shot in the head; Dr. Tong Quian (Zhao Wei) wants to operate but Shun refuses — he knows the bullet buried in his head is evidence of Detective Ken’s (Louis Koo) wrongdoing.
Three is aptly named. The main characters — gang boss Shun, Detective Ken, Dr. Quian — are three oversized egos and masters of their particular domains. When their worlds collide the result is a three-way deadlock: Quian wants the bullet out, Shun doesn’t, Ken wants evidence of his misstep to somehow go away. When Shun’s gang arrives, the result is a jawdropping, eyepopping shootout where the camera swirls around the hospital ward in a single take, bullets flying, patients dropping, police officers and gangsters firing to the strain of a moody pop ballad (with bits of Mozart thrown in).
Three 1
Three 2
Quian’s character is the best-written of the three leads — actor Zhao seems genuinely concerned in her sleep-deprived way, and genuinely unsure when her professional standards end and her egotism begins. She’s so good, her performance so compelling, the climactic shootout actually feels like a letdown, dramatically if not visually: all that moral ambiguity swept aside like so many chess pieces; all that’s left is nabbing the bad guy.
Which I supposed was all — only I happened to chance upon Ringo Lam’s first film after his eight-year hiatus, the mysteriously forgotten Wild City. Ex-cop now bar-owner T-Man (Louis Koo) and his cab-driving, towtruck-racing half-brother Chung (Shawn Yue) stumble into heavy-drinking solicitor Yun (Tong Liya), who’s being hunted by a Taiwanese gang under orders of a ruthless businessman (Ma Yuke).
And here you see the mainland influence. The villains are a Taiwanese gang and a billionaire tycoon; in both Manhunt and Sky on Fire it’s Big Pharma operated by billionaire tycoons — all easy uncontroversial targets that even the Chinese government can hate. Law enforcement — the authoritarian face of government — is seen as relatively uncorrupt, if at times weak or ineffective (if weak they usually turn in their badges, as T-Man does at the start of Wild City). Interestingly Johnnie To’s Detective Ken stands out for using questionable tactics to cover up his mistakes — but then his character operates under the subtly subversive theme of Great Egos That Can Do No Wrong (In Circumstances Where Everything Does).
Right away Wild City stands out from the other films as being more leisurely paced, more willing to fill in its characters’ outlines. T-Man has a subdued presence, partly because (we learn later) of the reason he turns in his badge. Chung is something of a wild card, but likeable; the two share a father but T-Man was raised and learns to love Chung’s mother Mona (Yuen Qiu). Yun starts out as a trophy girlfriend, but when you learn her story (turns out she is a trophy girlfriend with all the advantages — and horrors — that status implies) you start warming to her.
Wild City 1
Wild City 2
What’s surprising is the time Lam also takes to fill in the blanks on the villains’ side. Blackie (Joseph Chang Hsiao-chuan) treats his members as family; when one member dies the gang — in a surprisingly moving funeral scene — mourns their own, vows not just revenge but to carry on the terms of their original assignment. Which complicates matters no end.
This feels more like the old Ringo Lam: character-driven dramas that just happen to be thrillers. And because the film takes care to develop its characters first (the way Blackie nurtures his fellow gang members) you care what happens to them when bad things happen — the first rule of thrillers, or should be; goodness knows it’s the first rule to be forgotten nowadays.
As for the action setpieces: the action is realistically enough staged to make even the most stolid viewer flinch, with at least one outrageously violent act to make jaws drop (you’ll know it when you see it). Of the classic Hong Kong action filmmakers I feel Lam does the best car chases, high-revved action setpieces with small cars hurtling down narrow streets a la John Frankenheimer’s Ronin (to be fair, Frankenheimer made his film at the tail end of Hong Kong’s “heroic bloodshed” period). There’s little digital enhancement that I can see, save for the final chase — and that’s done so swiftly and furiously it’s hard to notice if you aren’t looking.
What happened to three of Hong Kong’s best action filmmakers? They’re still doing good work out there — in the case of Lam, still working under the radar — and impressing us along the way.

EastWest Bank raises P2.45B via LTNCDs

EAST WEST Banking Corp. (EastWest Bank) has raised P2.45 billion from the first tranche of its long-term negotiable certificates of deposit (LTNCD) program, which will support its funding needs.
At the ceremonial listing of the investment instruments at the Philippine Dealing Exchange Corp. on Thursday, the Gotianun-led EastWest Bank said it raised P2.45 billion in fresh funds from the first tranche of its P15-billion LTNCD program.
The notes will mature in 5.5 years and carry an interest rate of 4.625% to be paid quarterly until Dec. 7, 2023.
Like regular time deposits offered by banks, LTNCDs offer higher interest rates. However, LTNCDs cannot be pre-terminated but can be sold on the secondary market, making them “negotiable.”
In a phone interview, EastWest Bank Senior Executive Vice-President Rafael S. Algarra, Jr. said the listing of the long-term notes was just a “rollover.”
“The LTNCD is a replacement of the maturity we had last May 23. In effect, we just actually rolled over our LTNCD that we already issued five years ago,” Mr. Algarra told BusinessWorld on Thursday.
EastWest Bank said in a disclosure that the LTNCDs will be used “to expand EastWest’s long-term deposit base, as well as support major funding needs of the bank.”
“What we try to do when we issue LTNCD is to make sure that there’s prudent balance sheet management practice. We’re trying to match our long-term assets with our long-term liabilities in order that the balance sheet is properly structured,” Mr. Algarra added.
He also noted the number and the date of the next tranches are dependent on the situation of the market, as well as the bank.
“The timing will be dependent on how our business continues to evolve and how the current market situation evolves,” Mr. Algarra said. “If ever we see our balance sheet requires additional LTNCD, then we have to check what proper timing on when there is a demand in the market for these kinds of instruments.”
Unicapital, Inc. served as the sole issue manager, while EastWest Bank acted as the selling agent for the long-term notes.
EastWest Bank’s LTNCDs bring the total volume of outstanding listings at the PDEx to P875.33 billion.
Meanwhile, the Filinvest group’s cumulative listed outstanding securities stand at P56.25 billion or 6.4% of the total volume of listed issues.
The Bangko Sentral ng Pilipinas approved EastWest Bank’s P15-billion LTNCD program on May 16.
Apart from EastWest Bank, UnionBank of the Philippines, Inc., BDO Unibank, Inc. and Security Bank Corp. have also rolled out LTNCD offerings this year, raising P3 billion, P8.2 billion and P5.78 billion, respectively.
EastWest Bank, the twelfth-biggest commercial bank in the country in asset terms as of end-2017, saw its net income drop in the first quarter by 22% year-on-year to P945.4 million.
EastWest Bank shares went down 0.54% or eight centavos to P14.80 apiece on Thursday. — Karl Angelo N. Vidal

Teriyaki Boy-Yellow Cab merger secures regulatory approval

MAX’S GROUP, Inc. (MGI) secured the green light from the corporate regulator to merge two subsidiaries as part of its reorganization.
In a disclosure to the stock exchange on Thursday, the country’s largest casual dining restaurant operator said the Securities and Exchange Commission (SEC) approved the merger of Teriyaki Boy Group, Inc. (TBGI) and Yellow Cab Food Corp., with TBGI as the surviving entity.
“The resulting transaction is part of the continuing corporate reorganization activities to derive operational efficiencies and does not cause any adverse impact to existing shareholders,” MGI said.
Before undertaking the merger, MGI inked definitive agreements last year to secure the remaining 30% equity interest of minority shareholders in TBGI, allowing the listed company to fully consolidate operations of the Teriyaki Boy and Sizzlin’ Steak restaurant systems under MGI.
TBGI owns and operates Teriyaki Boy and Sizzlin’ Steak.
Max’s Group has been reorganizing the company since taking over Pancake House, Inc. in 2014. Since then, the company has shut down underperforming stores and folded franchising units in North America and Middle East into the company.
MGI operates 673 outlets across the country, North America, the Middle East, and Asia under different brands namely Max’s Restaurant, Pancake House, Yellow Cab Pizza, Krispy Kreme, Jamba Juice, Max’s Corner Bakery, Teriyaki Boy, Dencio’s, among others.
MGI’s net profit fell by nearly a third to P123.7 million in the first quarter of 2018 from P176.0 million in the same period a year ago on the back of escalating raw material prices and larger manpower costs due to new labor policies.
Systemwide sales, on the other hand, increased 13% to P4.4 billion in January to March from P3.9 billion last year.
The company is pivoting to franchising as the preferred mode of expansion, both at home and overseas, leveraging on brand equity, operational expertise, and scale to propel store network expansion and boost fee-based collections, which generally equate to better profit translation.
Shares in MGI added two centavos or 0.16% to close at P12.28 apiece on Thursday. — Krista Angela M. Montealegre

‘Look Away’: Songwriter sued over Chicago hit

LOS ANGELES — Thirty years after the band Chicago hit number one with the ballad “Look Away,” a man who was just a teen back then is suing to say that he wrote the song. Brendan Greaves from northern Britain filed suit Tuesday seeking $20 million in damages from Diane Warren, the prolific songwriter who is credited with penning “Look Away,” which topped the US singles chart in late 1988. Greaves said he had submitted the song to a British school music competition in 1987 when he was a 14-year-old student. He did not win the contest sponsored by now defunct EMI Records, but alleged that Warren acquired the tune through the contest. On why it took him so long to complain, Greaves in the lawsuit filed in federal court in Los Angeles said that he lived in a “quiet village” in Yorkshire and had not heard the Chicago song until 2015. Representatives for Warren did not immediately comment. The number of copyright lawsuits has been proliferating in recent years in the United States, especially since a ruling in favor of the family of Marvin Gaye. — AFP

Facebook to help train OFWs in setting up digital businesses

FACEBOOK Philippines will partner with the Overseas Workers Welfare Administration (OWWA) to provide training in small businesses management and online literacy for overseas Filipino workers (OFWs).
“OFWs use Facebook to connect with their friends and loved ones back home,” according to Clair Deevy, Facebook’s Director of Community Affairs for the Asia Pacific.
“Together with OWWA we want to help OFWs to have a positive and authentic experience online, and gain business skills that would help their families and communities,” she added.
OWWA Administrator Hans Leo J. Cacdac said that the agency hopes cooperation with Facebook will help “uplift the quality of life of our modern day heroes — both through digital literacy and small business training.”
Departing OFWs will be offered a one-hour module in digital literacy, in which Facebook hopes to train them to safeguard their privacy and safety online, and be more aware of fake news.
“We recognize that when we used to teach digital literacy, it was just learning how to use the computer. Now digital literacy is how do you understand all this information coming out here,” Ms. Deevy said.
OWWA and Facebook will also provide digital marketing workshops to prepare OFWs to set up their own businesses.
“We wanted to go one step further by not only providing these skills but also to create opportunities when they come back to the Philippines,” Ms. Deevy said. “We’ll now be partnering with OWWA in training more than 1,500 OFWs on how to start a business online with Facebook.”
She added, “Facebook has a series of modules that could help you start a business like how to start a page, how to take good picture of your products, and how to attract an audience and how to get a business started, and we do that by having trainers based in the Philippines. We’ll now be working with OWWA to provide training with the OWWA staff.”
The programs can be accessed at www.pilipinas.fb.com or www.owwa.gov.ph. — Gillian M. Cortez

A polished remake

By Alexander O. Cuaycong and Anthony L. Cuaycong
IT’S BY DESIGN that Vanillaware is best known for stylistic two-dimensional action-adventure games. In an industry proliferated with 3D titles, the Japanese developer has made a conscious effort to trod the less-beaten path. And, to its credit, it has had much success in this regard; via a proprietary programming process, it enables its artists to render pixel sprites in such a way as to uniquely project depth. It’s why gamers instantly took to Odin Sphere for the PlayStation 2 in 2007, as well as Muramasa: The Demon Blade for the Nintendo Wii in 2009.
Dragon’s Crown, released in July 2013 for the PS3 and PS Vita, was very much of the same vein. The 2D side-scrolling, beat-’em-up role-playing game had players facing off with all manner of creatures in a medieval fantasy setting. And, to no one’s surprise, its over-the-top art style, responsive controls, and compelling design has held up well over time, leading to — what else? — a remake that takes advantage of current-generation technology. Indeed, Vanillaware has seen fit to rely on the same blueprint that resulted in Muramasa Rebirth and Odin Sphere Leifthrasir.
In Dragon’s Crown Pro, gamers play as one of several characters and navigate the many dungeons and labyrinths that infest the Kingdom of Hydeland. They get to confront foes through a heady combination of magic, weapons, and projectiles, in the process gathering resources to be used to improve skills and equipment. Needless to say, the latter allow them to better prepare themselves for the harder dungeons, not to mention ultimately claiming the mysterious relic that is the Dragon’s Crown.
Even considering Vanillaware’s impressive body of work, it’s hard not to view Dragon’s Crown Pro as the best in the developer’s library by far in terms of visuals. As good as it may have looked on the PS3, it’s enthralling on the PS4. The console’s engine gives the hand-drawn characters a level of richness that highlights their over-the-top, if endearing, qualities. Monsters, in particular, stand out; from goblins to kobolds to mushrooms to dragons, the brightness, color, and vibrancy underscore the artists’ attention to detail and cohesive style.
Meanwhile, the gameplay remains no slouch. As a 2D beat-em-up crawler, Dragon’s Crown Pro harks back to Streets of Rage, Double Dragon, and Dungeons & Dragons: Tower of Doom. Move right, defeat everything visible on the screen, and keep going until the end of the stage is reached. Along the way, players can make use of special abilities and weapons, including those that enemies have wielded and dropped, to accentuate unique fighting styles. The warrior and the dwarf, for instance, use their strength to take down enemies. The sorceress uses magic to blast her foes from afar, while the elf uses a mixture of fast attacks and solid bows to prevail. Responsive and fluid controls amp up the fun factor, with a nice bit of variety on the side to keep things interesting.
Certainly, Dragon’s Crown Pro features a few changes to the mechanics and design of the original, but as subtle as the improvements are, the polish to the presentation makes for an outstanding experience the PS3 could not have been able to provide. The art style, and graphics are smoother by comparison, and the soundtrack has been reworked. And it’s no small matter that previous owners of Dragon’s Crown are free to sync their save data and follow their character’s progress in Dragon’s Crown Pro with little to no hassle. On the flipside, those looking for new content will be disappointed.
All told, Dragon’s Crown Pro is a solid remaster that’s a no-brainer pickup for gamers who haven’t experienced it before. Painstaking care has been given to ensure that the spirit of the original game remains intact, but in a flashier and technically superior manner. Not everyone will be willing or able to double dip, but those who do so will find it a worthy investment.


Video Game Review

Dragon’s Crown Pro
PlayStation 4
THE GOOD

• Smooth and compelling gameplay, with responsive controls and outstanding design

• Marked improvements in graphics and sound

• The ability to port saved data for previous owners of the game on the PS3

THE BAD

• No additional content from that offered by the original

• Over-the-top art style can be off-putting for some

• Gameplay can, at times, require grinding and repetition

RATING: 8.5/10

UHC champions

THE 2018 Health for Juan and Juana Forum (HJJ Forum) held last week gathered the country’s healthcare thought leaders and experts and galvanized their commitment to make Universal Health Care (UHC) happen for all Filipinos. Among the health champions who graced the forum were luminaries who are at the forefront of the UHC advocacy in the country.
Prior to his appointment as Presidential Spokesperson in October 2017, Representative Harry Roque (Kabayan Party-list, 17th Congress) authored House Bill No. 225, one of the precursor bills of what is now known as the UHC bill. Addressing the participants of the HJJ Forum, Mr. Roque reiterated his support for the enactment of the UHC bill currently pending in the Senate. He acknowledged Dr. Ernesto Domingo and the University of the Philippines-Universal Healthcare Study Group for their invaluable inputs in crafting the various UHC bills that have been filed in both houses of Congress through the years.
“The proposed UHC bill promotes and gives realization to the right to health, which is an acknowledged obligation of the state. UHC recognizes the duty of the state to take all positive steps to ensure that all of its citizens shall have the right to health,” Mr. Roque said. He expressed hope that by the end of the year a truly responsive UHC law would be enacted that provides for the health needs of all Filipinos.
Meanwhile, Senator JV Ejercito, chair of the Senate Committee on Health and Demography and author of Senate Bill No. 1458 or the “Universal Health Care for All Filipinos Act,” expressed confidence that they will be able to pass the measure before the end of 2018.
Mr. Ejercito said that the regional public consultations were instrumental in shaping the UHC bill. He was referring to the series of public consultations that his committee held in Cebu City, Davao City, Legazpi City, and Pangasinan where they gathered inputs from local government units (LGUs), healthcare practitioners, and citizens. “Of the various issues that we noted [during the public consultations], health facilities, financing and service delivery were the more pressing concerns… I welcome your recommendations on how to further improve this legislative measure, which I believe we will be able to pass before the end of 2018,” he declared.
During the Legazpi City public consultation, the committee found out that the Bicol Medical Center has a 200% overcapacity rate and Sorsogon province has an average public hospital bed capacity rate of 155%. “This experience and data allowed us to prioritize the passage of local health bills that will increase the bed capacity of various government hospitals in the country,” said the 48-year-old senator, who served as San Juan City mayor for three consecutive terms from 2001 to 2010.
Mr. Ejercito lauded the Sin Tax Reform Act for its groundbreaking impact on health financing, enabling the health sector budget to increase from P57 billion in 2012 to P151 billion in 2017, which has subsidized the PhilHealth coverage of an additional 10.1 million poor families and 2.8 million elderly Filipinos. He believes that financing could make or break the UHC bill as a landmark legislation. “I filed SBN 1605, which aims to increase the cigarette excise tax to P90 by 2018 and stipulate a 9% annual increase in the excise tax thereafter. This proposal is expected to reduce the country’s smoking prevalence rate to 16.6%, which is comparable to that of Singapore, which currently has the lowest smoking prevalence rate in ASEAN.”
Mr. Ejercito highlighted the important role that the private sector will play in the health service delivery network. “For the UHC model that we are pushing to pass, we need to strengthen the linkages between the government and the private sector as its partner in providing basic social services such as health.”
 
Teodoro B. Padilla is the executive director of Pharmaceutical and Healthcare Association of the Philippines (PHAP). Medicine Cabinet is a weekly PHAP column that aims to promote awareness on public health and health care-related issues. PHAP and its member companies represent the research-based pharmaceutical and health care industry.
medicinecabinet@phap.org.ph

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