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CEZA commissions study of infrastructure needs to attract fintech firms

CAGAYAN Economic Zone Authority (CEZA) said it signed a memorandum of understanding with Sinosun Subic Bay Holdings Corp. to conduct a feasibility study for the development of a financial technology (fintech) hub.

CEZA Administrator and Chief Executive Officer Raul L. Lambino said: “Several companies all over Asia have approached us and some companies in the US are signifying interest to register as virtual currency platform operators in CEZA,” he added.

The zone is also developing a regulatory framework for prospective investors in interactive gaming and cryptocurrency, “the first of its kind in Asia and in [Southeast Asia]… It will be finished by (Thursday) for signing within February,” he added.

CEZA is eyeing to become an offshore banking capital financial technology hub in the Philippines and be included in the international financial map.

CEZA hopes to attract blockchain-based businesses, offshore banking firms, cryptocurrency miners and exchanges, and financial technology start-up incubators.

The North Cagayan International Airport is opening to serve chartered flights in Lallo, Cagayan in March, and as a result CEZA expects more tourists and business travelers before the planned fintech hub is established.

Sinosun Subic Bay, which is hoping to develop a cruise ship terminal, a financial center, and tourism and gaming sites in the former US naval base, proposed in early January the feasibility study for infrastructure requirements in CEZA.

The study will consider power, railways, the road network, the expansion of port facilities and the redevelopment of tourism and industrial areas.

Sinosun Subic Bay Chairman Samuel Lim said the plan will  consider a 20-megawatt energy grid in the municipality of Santa Ana to provide power to cryptocurrency miners.

“First of all, we are planning with our Chinese partner (China Energy Engineering Corp., Ltd.) to build an electric power plant, because cryptocurrency needs a lot of electricity,” he added.  Anna Gabriela A. Mogato

Train carrying US Republican lawmakers hits garbage truck in Virginia, one dead

CROZET — A passenger train carrying Republican members of the US Congress to a retreat in West Virginia slammed into a garbage truck on Wednesday at a rural Virginia road crossing, killing one person on the truck, authorities said.

No major injuries were reported among the lawmakers or staff on the train, the US Department of Transportation said. There was one serious injury among those on the truck, in addition to the fatality.

Amtrak, the US passenger rail service that operated the chartered train, said two crew members and three passengers were hospitalized with minor injuries after the crash. One, Representative Jason Lewis, was examined for a possible concussion.

“I’m fine compared to, tragically, the truck drivers, and thankful for the prompt action of our doctors and first responders. My thoughts are with the family of the driver who passed away,” Mr. Lewis told Reuters.

The train was taking lawmakers to the annual retreat in White Sulphur Springs, West Virginia, just west of the Virginia state line. Amtrak said the collision occurred at 11:20 a.m. in Crozet, a tiny town between the college town of Charlottesville, Virginia, and White Sulphur Springs.

Mr. Lewis later left the hospital and traveled to the retreat, where he intended to participate as much as he was able, a spokeswoman said.

Senator Bill Cassidy, a doctor, said he and other lawmakers who had medical training tended to the injured until emergency personnel arrived.

The truck was on the tracks at a crossing when the crash occurred, Amtrak said. Video from the scene showed the battered truck afterward, with trash strewn around it.

“We were going along the Virginia countryside at pretty good speed,” Senator Jeff Flake said in comments released by his office. “All of a sudden, we felt an impact and obviously heard a pretty loud noise. Most of us were thrown a bit in our seats and those of us who were standing were really thrown.”

Spouses and children of some lawmakers were aboard. House of Representatives Speaker Paul Ryan was on the train, but Senate Majority Leader Mitch McConnell was not.

LAW ENFORCEMENT
Immediately after the crash, a law enforcement team surrounded the train with weapons drawn and searched the area for possible attackers while the injured were treated, said a local emergency worker, speaking on condition of anonymity.

“They surrounded the train on both sides and set up a perimeter with their automatic weapons pointing out and then searched the woods around the train,” the worker said. “At least five members of Congress helped firefighters and EMTs (emergency medical technicians) treat the three injured people who had been in the truck.”

The Republican retreat, an opportunity for lawmakers to discuss legislation and politics in the run-up to November’s congressional elections, was scheduled to run until midday on Friday. President Donald J. Trump was due to attend on Thursday. Vice-President Mike Pence attended on Wednesday.

Mr. Trump told reporters at the White House he had spoken to Mr. Ryan and others, calling the accident “a pretty rough hit.”

“We don’t have full understanding yet as to what happened,” Mr. Trump said.

The National Transportation Safety Board (NTSB) said its investigators arrived at the scene of the crash about four hours later. NTSB member Earl Weener told reporters the on-scene investigation was expected to last several days, “followed by months back at headquarters.”

Investigators will examine whether the gate crossing, lights and other safety mechanisms were working properly, Weener said.

“The NTSB does safety investigations,” Mr. Weener said. “If we find anything that indicates this was intentional, we will hand it over to the FBI.”

The Virginia Department of Transportation said the intersection where the crash occurred had flashing signals and gates to prevent motorists from getting on the tracks as trains approach.

It was the second tragedy to hit congressional Republicans in the past year.

In June, a gunman opened fire at a field outside Washington where Republicans were practicing for a charity baseball game. Representative Steve Scalise, the No. 3 House Republican, was severely wounded, but has returned to work.

He was not on the train on Wednesday.

While it was not immediately clear who was at fault in the collision, Amtrak’s safety record has come under scrutiny after a series of incidents including a derailment south of Seattle in December that killed three. In that crash, an engineer misread a signal and failed to slow the train, investigators said.

Amtrak is partly government funded, but is operated and managed as a for-profit corporation. — Reuters

U2 wins lawsuit claiming it stole part of song

NEW YORK — A US judge on Tuesday dismissed a lawsuit accusing U2 of lifting part of a British songwriter’s work for a song on the Irish rock band’s 1991 blockbuster album “Achtung Baby.”

US District Judge Denise Cote in Manhattan rejected Paul Rose’s claim that U2 willfully copied from a 13-second guitar riff near the start of his 1989 instrumental “Nae Slappin,” to create a 12-second segment featuring a guitar solo for its song “The Fly.”

Rose, who lives in New York, claimed that U2 copied from his song “virtually note-for-note,” and also used a tambourine and the same drum, percussion and bass line without permission.

But the judge said the riff was not a “sufficiently substantial” portion of “Nae Slappin,” a 3-1/2-minute composition that “demonstrates the plaintiff’s impressive guitar skills,” to be a protectable “fragment” of the work.

She also said that even if the riff were protectable, a reasonable jury could not find that U2 copied it.

Rose had been seeking at least $5 million in damages from U2 lead singer Bono; bandmates The Edge, Adam Clayton and Larry Mullen, Jr., and UMG Recordings, Inc., a Vivendi SA unit that releases records under U2’s label Island Records.

He claimed he had given Island a demo tape of “Nae Slappin” that was later incorporated into “The Fly.”

A lawyer for Rose did not immediately respond to requests for comment. Lawyers for the defendants did not immediately respond to similar requests. — Reuters

Three-time PBA champion Marlou Aquino excited to go back to competitive basketball

EIGHT years removed from playing in the PBA, Marlou Aquino made his return to competitive basketball as he suited up for the Bulacan Kuyas-Ligo Sardines in the MPBL Anta-Rajah Cup.

The Skyscraper played limited minutes and contributed four points and a block, but his presence was enough to boost the rest of the Kuyas in entering the win column to join early winners Parañaque Patriots-Yakimix, Batangas City Athletics-Tanduay, Navotas Clutch, and Quezon City Capitals-Royal Manila.

Already 45, the 6-foot-9 slotman decided to come out of retirement and represent the town close to his heart.

“I lived in Bocaue for several years,” said Mr. Aquino. “I stayed there for four years. I was able to live nearby Bro. Eddie Villanueva’s residence. I was able to play in several inter-town and inter-barangay tournaments there.”

For Mr. Aquino, the itch to play is still there that even after retiring in the PBA, he was still able to join several small time leagues when given the opportunity.

“My body is missing the action in basketball. I’m intrigued with this new league, so I decided to suit up,” said Mr. Aquino, a three-time PBA champion and former Rookie of the Year who played for Ginebra, Sta. Lucia and Barako Bull.

Mr. Aquino is some of the big names seeing action in the MPBL, a brainchild of Senator Manny Pacquiao.

Former PBA scoring champion Gary David is playing for the Bataan Defenders-Bai Shipping, ex-Mahindra/Kia coach Chris Gavina is handling the Valenzuela Classic, while multi-titled collegiate mentor Aric del Rosario is coaching the Patriots.

Mr. Aquino sees the MPBL as a good venue for aspiring big-time players and a sanctuary for ex-pro like him to continue pursuing the game he loves.

“It’s a very competitive league,” Mr. Aquino told BusinessWorld in an interview. “As long as Bulacan needs me, I will continue playing. There are a lot of faster players, so I’m trying to catch up. The good thing is, I’m getting my condition slowly but surely.” — Rey Joble

S&P affirms credit ratings for PSALM, National Power Corp.

S&P GLOBAL Ratings has affirmed the credit rating of state-led energy companies Power Sector Assets and Liabilities Management Corp. (PSALM) and National Power Corp. (Napocor), citing their stable outlook that reflects that of the Philippines.

“We affirmed the rating to reflect our opinion that there is an almost certain likelihood that the Republic of the Philippines (BBB/Stable/A-2) would provide timely and sufficient extraordinary support to PSALM in the event of financial distress. We have therefore equalized the rating on the government-owned PSALM with that on the sovereign,” the ratings agency said.

For Napocor, S&P Global Ratings said: “[The company] benefits from an almost certain likelihood of receiving timely extraordinary support from its owner, the Philippines government, based on its critical public policy role and integral link with the government.”

S&P Global Ratings gave PSALM and Napocor a “BBB” rating as their obligations exhibit adequate protection parameters. The rating, however, also means adverse economic conditions or changing circumstances are more likely to weaken the obligor’s capacity to meet its financial commitments on the obligation.

In affirming PSALM’s long-term issue credit rating, S&P Global Ratings said it based its assessment on two characteristics of electricity generation and transmission asset management company.

The firm said PSALM plays a critical role in implementing government reforms to restructure and liberalize the country’s power sector.

“Besides ownership of some generation assets, PSALM has the task of privatizing government-owned generation assets, implementing an open access system (where users can chose their power supplier), and increasing retail competition in the Philippines’ power sector,” it said.

S&P Global Ratings also noted PSALM has an integral link with its owner — the government —  “which provides an irrevocable, unconditional, and timely guarantee on all of the company’s debts.”

“The Philippines wholly owns and controls PSALM, with the government appointing all members of the board of directors,” it said. “The government has also committed to assume all remaining assets and liabilities of PSALM after 25 years from its creation.”

It also cited cross-default triggers on the government’s external indebtedness.

S&P Global Ratings said it could lower the rating on PSALM by one or more notches if it believes the government support is weakening.

“This could occur via a change in law, privatization plans, or the refusal of future guarantees could trigger such a reassessment of the company’s role for and with the government. However, we believe these developments are highly unlikely,” it said.

“We could raise the rating on the company if we upgrade the sovereign, provided we believe continued timely and unconditional government support for PSALM,” it added.

For Napocor, the rating firm also gave similar views on the possibility of lowering or raising its rating.

It said Napocor’s overall profitability is likely to remain weak due to the company’s limited directive. It said the country’s principal provider of electricity for the small power utilities group areas also has little flexibility around rates increases, as these are subject to regulatory approval from the Energy Regulatory Commission.

“[Napocor’s] poor aptitude to generate cash flow is offset by the Philippine government’s ongoing support and guarantee,” it said, adding the continuity of this sovereign guarantee remains the primary consideration for its ratings on the company. — Victor V. Saulon

SC upholds dismissal of cops in anomalous helicopter deal

THE SUPREME Court (SC), reversing a Court of Appeals (CA) decision, has backed the order of the Ombudsman to dismiss the policemen who were involved in the controversial purchase of helicopters in 2009. In a statement issued yesterday, the Ombudsman said it received a copy of the SC decision last Jan. 15. Former police director George Piano, one of the officials found guilty in the case, filed a petition before the CA questioning the Ombudsman’s 2012 ruling. The SC, however, ruled that “the CA erred in exonerating [Piano] of the charge,” noting Mr. Piano’s major role in the acquisition of the helicopters. The others involved in the case are: former police director Leocadio Santiago, Jr.; officers Job Nolan Antonio, Edgar Paatan, Mansue Lukban, Claudio Gaspar, Jr., Herold Ubalde, Luis Saligumba, Ermilando Villafuerte, Roman Loreto, Maria Josefina Reco, Ma. Linda Padojinog, and Avensuel Dy; and non-uniformed personnel Ruben Gongona. Aside from dismissal from the service, they are meted perpetual disqualification from holding public office and forfeiture of retirement benefits. — Minde Nyl R. dela Cruz

Sunshine

By Noel Vera

Movie Review
Call Me By Your Name
Directed by Luca Guadagnino

AND WHAT of Luca Guadagnino’s Call Me by Your Name, his adaptation of Andre Aciman’s novel (from a screenplay by James Ivory)? I mean, two beautiful men, an Italian villa, a sun-drenched summer spent in Lombardy, Italy: What’s not to like?

Guadagnino and Ivory did reportedly make changes — stripped away the novel’s framing device where Elio (Timothee Chalamet) recalls his attraction for Oliver (Armie Hammer) from a vantage point of some decades later, so as to focus (or so Guadagnino says) on the “now”; he also dialed down the eroticism in Aciman’s text. “It was important to me to create this powerful universality” he explained to the Hollywood Reporter.

The director may have a point: I can imagine a more faithfully written Call Me with an elderly narrator piping in at every other moment… no. Just no. On the printed page there’s room for this kind of complexity; on the film screen it’s possibly an invitation to the worst kind of bathos, or unintended laughter. As it is we thrill to the mystery of the “now”: What does Oliver mean when he rubs Elio’s back? How aware is Elio of his own sexuality? What does Elio’s father Mr. Perlman (Michael Stuhlbarg) know about their budding possibly mutual attraction and when did he know it?

The eroticism is a more troubling issue: it is possible to shoot a gay love scene, I submit, that appeals to folks of any orientation (I’m thinking of breathlessly erotic opening to Wong Kar Wei’s Happy Together) so isn’t Guadagnino’s attempt at “universality” a copout?

The film is a hit, those who object to the lack of explicitness an apparently invisible minority so maybe we’re wrong and everyone else right. Maybe.

Perhaps the knottiest change wrought on the book are the relative ages of the would-be lovers: Elio in the book and on the big screen is 17 (Chalamet for the record was 20 at the time of shooting), Oliver in the book is 24 on the big screen looks an obvious 29 — which may strike audience in a particular (not exactly good) manner. Half a dozen ways to justify that — for one the age of consent in Italy is 14 — but Guadagnino does raise an issue that could have been easily sidestepped with more faithful casting.

That said, the best argument in favor of the filmmaker’s choice is the actor himself. Hammer has not bothered to hide his Nordic male beauty throughout his career, often uses it to interesting ends — lampooning the Winklevoss twins (both of ’em) in David Fincher’s The Social Network; literally playing lapdog to an evil queen in Tarsem Singh’s Mirror Mirror; slyly subverting the straightness of straightshooting heroes in The Lone Ranger. Hammer is a smart, thoughtful presence onscreen, and his intelligence helps gild his handsomeness, give it an intriguing reserve, spiked with an “I don’t give a damn” arrogance; if I were closed off from the world, all wrapped up in adolescent angst, yes, I could do worse than respond to a shoulder rub from Armie Hammer.

The director himself shoots in a leisurely understated fashion that recalls Eric Rohmer’s (by way of Nestor Almendros’) brilliant Mediterranean countrysides; if there’s a marked difference it’s that Rohmer dawdled with his characters, slowing the plot to a crawl* to get to know his people better; Guadagnino seems to prefer to keep the plot moving at a brisker pace (I know, I know, it clocks in at two hours 12 but go watch a Rohmer film — most run a little over or a little under 100 minutes — and see what I mean) at the expense of knowing who these people are, what they are thinking, why they might fall in love. Rohmer was a master, in effect, at peering past people’s surfaces to suggest their knotty, richly textured interior lives — or even if they’re shallow and have no interior lives, to suggest that we might find them interesting anyway.

Perhaps Guadagnino’s best moment (Skip this paragraph if you plan to see the film!) comes when Elio and Oliver wander into a town piazza; walk up to the railings of a World War I memorial and separate, Oliver wandering behind the monument while Sayombhu Mukdeeprom’s camera follows Elio. Elio intimates “If you only knew how little I know about the things that matter.” “Why are you telling me this?” “Because I wanted you to know.” The boy leans against the railing as if in despair; before him lies a great bronze eagle splayed out as if dead. He pushes forward, his hand anchored to the railing as if it were his only hope: “Because I wanted you to know,” he says over and over again. He looks up and so does the camera: looming over the eagle is a harsh crag and atop this crag stands a World War I soldier with rock held above his head, about to crush the eagle’s skull. Moment of triumph or defeat? For the soldier or Oliver or Elio? All captured in a single fluid shot, Sufjan Stevens’ piano murmuring alongside.

Of course Rohmer would probably not have done anything as audacious as that long tracking shot, would probably not have used so lushly romantic a score. He might have achieved all those effects by simpler, more elegant means, without once calling attention to his camerawork or editing — but that’s why Guadagnino admits to admiring Rohmer, not the other way around.

* I said Rohmer likes to “slow his plot to a crawl” but that doesn’t mean his films are uninvolving — The Green Ray, I submit, has one of the most thrilling finales in all of cinema.

MTRCB Rating: R-16

The meaning of ‘the common good’

This is a topic I’ve written about previously but feel it bears revisiting. The term “common good” is quite fashionable nowadays. From the environment to education reform, common good has been uttered to add credibility to whatever measure is being proposed. Unfortunately, there is a need to clarify what is really meant by the term “common good.”

To start, let us discuss another oft-used phrase: Salus populi est supreme lex, which many people understand as “the will of the people is the supreme law.” Which is not really the case. The closer translation goes like this: “The welfare of the people is the supreme law.”

There is a world of difference between the two translations: the latter indicating that what is necessarily good for the people is something they may not consciously will or desire but still must logically or rationally be achieved.

The same with the common good.

The common good is not the sum total of the desires and aspirations of the people. Rather, it is the instrument for which each people’s individual rational flourishing is to be achieved. More on this later.

As I wrote in 2014 (“The Common Good”), one finds the term in our Constitution’s very beginning, the Preamble: “An attempt to restore the phrase ‘general welfare’ in place of the Committee’s phrase ‘common good’ was not accepted. The change from ‘general welfare’ to ‘common good’ was intended to project the idea of a social order that enables every citizen to attain his or her fullest development economically, politically, culturally, and spiritually. The rejection of the phrase ‘general welfare’ was based on the apprehension that the phrase could be interpreted as meaning the ‘greatest good for the greatest number’ even if what the greater number wants does violence to human dignity, as for instance when the greater majority might want the extermination of those who are considered as belonging to an inferior race (see Fr. Bernas; The 1987 Constitution of the Republic of the Philippines, 2009).”

From the foregoing, two points: The Preamble lays down the purpose of the Constitution. It is, as Fr. Bernas points out, a “manifestation of the sovereign will of the Filipino people.” Secondly, the use of the term “common good” was a deliberate act on the part of our Constitution’s drafters.

Now, what should be undeniable is the peculiar strain of Judeo-Christian thought that permeates our constitutional system. It comes from two sources: its Spanish lineage and the relatively recent (and more direct) US genealogy.

And many from those sources up to the people who drafted the present Constitution would have been steeped (consciously or not) in Aristotelian thought, and quite definitely the ideas of the Enlightenment thinkers such as Locke and Rousseau.

Hence, the recognition of man’s inherent dignity and equality (between men and women, and regardless of race or religion), the natural law and natural rights (e.g., freedom of speech and of religion and the right to change religions), the social contract, and – of course – the common good.

For Aristotle, sometimes acknowledged as the father of the “common good,” the same is that which leads to individual good or human flourishing (the so-called “eudaimonia”). This finds its way in Catholic social teaching (e.g., Gaudium et Spes), which views the common good as ‘the sum total of social conditions which allow people, either as groups or as individuals, to reach their fulfillment more fully and more easily.”

For me personally, the best definition can be found in John Finnis’s Natural Law and Natural Rights: “a set of conditions which enables the members of a community to attain for themselves reasonable objectives, or to realize reasonably for themselves the value(s), for the sake of which they have reason to collaborate with each other (positively and/or negatively) in a community.”

Note the repeated mention of the attainment “for themselves” by the people.

The government should not, must not attempt to do everything, the president is not envisioned to be the national patriarch.

And thus, here is another point where many of our government and policy makers go wrong: the common good of society, indeed even society (or country) itself, are not the ends. They are merely instrumental (not intrinsic) goods. They are “primarily a means to the realization of valuable ends by members of the community; it is not an end in itself. Participating in the life of the community as one of its members does not immediately instantiate a basic aspect of our well-being and fulfillment as human persons (Robert George, The Common Good: Instrumental But Not Just Contractual; Public Discourse, 2013).”

The end is the flourishing of each member of the community, for which responsibility ultimately lies not with the government but with each and every individual.

Because human flourishing requires self-responsibility, not dependence. Hence, common good’s constant partner: subsidiarity.

This is what it means when we say that ours is a government of, by, and for the People.

 

Jemy Gatdula is a Senior Fellow of the Philippine Council for Foreign Relations and a Philippine Judicial Academy law lecturer for constitutional philosophy and jurisprudence.

jemygatdula@yahoo.com

www.jemygatdula.blogspot.com

facebook.com/jemy.gatdula

Twitter @jemygatdula

Dumangas mayor calls for tighter regulation at seaport

THE LOCAL government of Dumangas has asked authorities to increase the manpower assigned at the town’s seaport to strengthen regulation procedures following the seizure of P18 million worth of illegal drugs, particularly shabu, from a couple who passed through the Dumangas port on Jan. 28. Mayor Ronaldo Golez acknowledged that the town’s port is known as a major entry and exit point of contrabands into and out of Panay Island. The port is supervised by Task Force Puerto, created in 2015, composed of representatives from the police, Philippine Drug Enforcement Agency, Regional Maritime Office-6, Highway Patrol Group, Land Transportation Office, Philippine Coast Guard, Bureau of Customs, and the Criminal Investigation and Detection Group. Mr. Golez said the task force, though multi-agency, does not have enough assigned personnel for 24/7 operations. “Ro-Ro (roll-on, roll-off ship) operation is 24/7, and we lack the manpower. That’s why we are knocking on the doors of our leaders to ask for help,” Mr. Golez said. At the same time, the mayor said they are looking into the possibility of building a holding area, to be operated by the municipal government, to inspect cargo vehicles passing through the port. — Louine Hope U. Conserva

Lots of rhythm, a few blues

By Alexander O. Cuaycong
and Anthony L. Cuaycong

RIGHT OFF THE BAT, followers of DJMax Technika might see something familiar in Superbeat: Xonic. Little surprise, really, as developer Nurijoy is composed of former employees of Pentavision, the company responsible for the DJMax Metro Project. Even as the line of DJMax games continued, with DJMax Respect on the PlayStation 4 the latest release, Superbeat: Xonic debuted in the PS Vita back in 2015. And in light of its appeal, it made its way to the PlayStation 4, the Xbox One, and the Nintendo Switch last year.

As with DJMax Technika, Superbeat: Xonic challenges players to complete songs by rhythmically pressing buttons corresponding to the location of the notes on the screen. It offers a wide variety of tracks to choose from and a pseudo-campaign mode in the form of its “World Tour,” as well as free play via its “Stage” game mode.

While the premise might sound simple enough, the actual gameplay is nothing short of challenging. Superbeat: Xonic throws beats at players in dizzying fashion. And depending on the intensity of the song, notes can come slowly or fly across the screen at hyper-speed. Taken alongside various other types of notes (among them holding notes, sliding notes, flicking notes, and FX notes), this means that players won’t be making use of just the usual buttons on the Joy-Cons’ faces, but the analog stick and the L and R buttons on the side of the Switch as well. All this, while managing the constant barrage of inputs, can prove demanding to negotiate.

Longtime habitues of rhythm games know this is all very standard fare. Plenty of other titles from such notable series as Project Diva and Guitar Hero promise the same type of gameplay. Nothing really new here. What DOES make Superbeat: Xonic stand out, though, is in how approachable it feels compared to its rivals, not just in the interface, but also in aesthetic design. While the tutorial is fairly bare bones, learning the basics is easy. And while the unconventional setup of the Switch can make for confusing button presses and take some getting used to, touchscreen controls are likewise available, and they work great. As an alternative to button mashing, they’re probably the game’s biggest plus. Using fingers directly is infinitely easier, not to mention much, much more fun. Combine this with the ability to customize song speeds, songs not ending on players losing all their “health” to allow for practice sessions, and the wide variety of song genres — from rhythm ‘n’ blues to metal to popular music — and there’s something for everybody to like with the title.

This isn’t to say that Superbeat: Xonic on the Switch is flawless. Even as it runs great, its control scheme takes a while to get used to. The analog controls for the flicking and holding notes feel awkward and difficult to use, sometimes even failing to register prompts and inputs. Even the touch screen can fail to register taps at times, and there’s nothing more frustrating than to lose a high combo just because the game isn’t up to par, programming-wise. Even worse, there’s a natural and invariable strain that comes from using the touch screen. The development forces players to resort to likewise using the Joy-Cons’ L and R buttons, thus making gameplay a chore, especially with fast-paced selections.

Fortunately, Superbeat: Xonic is so compelling as to overcome its flawed controls. True, half the fun is about how well players can manipulate said control mechanics. And, true, the technical missteps can stunt the release. Nonetheless, it provides fans of rhythm games with an ample supply of enjoyment. A little patience can and will go a long way towards realizing its value. Both accessible and exacting, it’s perfect for beginners and veterans of the genre alike.

Video Game Review
Superbeat: Xonic
Nintendo Switch

THE GOOD
• Extremely diverse roster of songs

• Adjustable difficulty combined with good progression and forgiving timing on inputs

• Touchscreen controls (apart from the occasional sputter) feel amazing

THE BAD
• Inputs can sometimes fail to register

• Long-play sessions using the buttons can cramp up fingers due to awkward positioning

RATING: 8.5/10

Nintendo to produce Super Mario film

TOKYO — Japanese videogames maker Nintendo Co. Ltd. said on Thursday it would team with US film studio Illumination Entertainment to produce an animation film using its Super Mario Bros. characters.

The film would be distributed by Universal Pictures, President Tatsumi Kimishima said at a meeting with analysts on son Thursday. The launch date has not been decided.

It is part of Nintendo’s efforts to diversify revenue sources as the firm’s earnings are heavily reliant on the gaming console business.

On Wednesday, the company reported its biggest third-quarter operating profit in eight years, driven by smashing demand for its new Switch games console, and said it expected annual earnings to outstrip its previous estimate. — Reuters

Metro Manila labor turnover stabilizes in Q3

By Christine J. S. Castañeda, Senior Researcher
and  Mark T. Amoguis, Researcher

LABOR TURNOVER in large Metro Manila enterprises declined to its slowest pace since early 2016, the Philippine Statistics Authority (PSA) said.

According to a PSA quarterly survey, labor turnover in the National Capital Region (NCR) decelerated to 1.1% year on year in the third quarter of 2017, from 3.67% a year earlier and 2.1% in the second quarter of 2017.

The reading was the lowest since the 0.96% turnover rate in the first quarter of 2016.

Turnover rate is the difference between those hired (accession rate) and those who left or were terminated (separation rate). In the third quarter, the accession rate in large Metro Manila firms was 8.91%, down from 14.1% a year earlier, while the separation rate was 7.81%, down from 10.43% a year earlier.

For every 1,000 employed, a net 11 were added to Metro Manila’s work force with 89 new hires against 78 either laid off or resigned.

Ruben Carlo O. Asuncion, chief economist at the Union Bank of the Philippines, said the indicator is a “good sign.”

“It means that reduced departures in [the third quarter] of 2017. It could be a general sentiment of job satisfaction and a feeling of stability with one’s current employment. This is generally a positive picture of the labor force,” he said.

Security Bank Corp. economist Angelo B. Taningco attributed the slowdown in labor turnover to a sharp decline in the services sector “that was partly offset by an increase in the industrial sector.”

Industry contributed the most to job generation with a labor turnover rate of 1.38%, as the accession rate of 8.35% outstripped the 6.97% separation rate. Top performers in this sector were mining and quarrying (2.34%) and manufacturing (2.22%).

Meanwhile, Metro Manila’s accession rate was driven up by the expansion in services of 9.07%. However, it also had a high separation rate of 8.02%, bringing the sector’s labor turnover rate to 1.05%. Much of the employment growth in this sector was seen in financial and insurance activities (3.08%); information and communication (2.73%); transportation and storage (2.53%); and real estate activities (2.25%).

On the other hand, the agriculture sector work force fell with the separation rate (4.12%) exceeding the accession rate (3.42%).

“This negative figure [in the agriculture sector] implies the difficulty of job mobility in this particular sector. It is known that sometimes jobs in agriculture are part-time and seasonal, and agriculture workers sometimes are left with no choice but to remain in the sector due to lack of other opportunities and lack of necessary access to training for higher level of labor,” UnionBank’s Mr. Asuncion said.

Mr. Asuncion added: “With eight quarters of above 6% economic growth, I expect that labor opportunities will increase and the quality of these opportunities to increase as well. Thus, labor turnover may remain at a minimum moving forward.”

Security Bank’s Mr. Taningco concurred: “I think labor turnover in the NCR may have rebounded in the fourth quarter, and I expect this to accelerate in the succeeding quarters especially with more business investment and public infrastructure spending expected to intensify this year.”

Separately, the 2016 Occupational Wages Survey showed a P12,013 median for monthly basic pay in 2016, up 2.2% compared with 2014 for time-rated, full-time workers.

The survey, conducted every two years, covers both agricultural and non-agricultural establishments employing at least 20 workers. The coverage is wages of time-rated workers, or those being paid on the basis of a time unit of work such as an hour, a day or a month.

Among major occupation groups, 10 out of 18 saw their median basic pay exceed the national average. Workers in information and communications received the highest median basic pay of P21,399 in 2016, down 3.9% from two years earlier.

The electricity, gas, steam and air-conditioning supply occupations came in second with a median basic pay of P20,400, up 13.6%; followed by professional, scientific and technical activities; financial and insurance activities; real estate activities; education except public education; water supply, sewerage, waste management and remediation activities; administrative and support service activities; and transportation and storage.

On the other hand, agriculture, forestry and fishing recorded the lowest median basic pay at P7,927, down 6.2% from two years earlier.