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At the brink

A silvery dawn breaks over the sleeping city wrapped in a blanket of smog and acrid fumes. The smoky aftermath of the long holiday celebrations makes one frazzled, dizzy, and disoriented.

A chapter has ended.

One recalls the milestones — with mixed feelings. It had been one long roller coaster ride of sudden curves, climbs, and heart-stopping heartbreaks.

At the brink of a new year, one asks relevant questions?

What shall I discard from my life? What shall I retain?

What meaningful resolutions shall make a difference for me and others?

Genuine happiness is found within the heart. Not in the contrived merry making and fancy trappings of gilt and glamour.

Reflecting on the past year, one feels a tinge of nostalgia and the pang of regret for what could have been. Somewhere lost in the debris was last year’s list of some unfulfilled resolutions and wishes.

The promise of tomorrow seems to have vanished with the wind.

If only we could have a magic slate to erase the flaws.

The good intentions and goals have, as usual, been inadvertently or conveniently forgotten.

It is good to count our blessings.

How does one survive these challenging times?

Allow nature to take its course. Things happen for a reason.

Life is always interesting and beautiful with its pains and triumphs.

There can never be perfection. One should aim for balance and to be the best one could possibly be.

What matters most is how we wisely invest our time, talents, and resources to help others. We should not waste ourselves in trivial concerns and superficial wants.

We should try our best, take some risks and try to be the best.

There are challenging periods that compel us to make hard decisions. At the crossroads, the choices are perplexing. The obstacles may seem overwhelming. There is too much to juggle, too much to unravel and untangle. We see many mismatched jigsaw pieces to take apart and to fit together again. The big picture is unclear. Would it ever make sense?

This feeling of uncertainty, anxiety, and imbalance would explain, to a certain extent, what many young people are undergoing.

A crisis triggers a cathartic change. The core is in a temporary whirling, burning pattern. It is intimidating, confusing, anxiety-provoking, painful and heartbreaking.

“When we are in transition, depending on how serious the breakdown is, we may feel as though almost every aspect of life has been disrupted.

The old certainties, the old habits and comfort zones, have been dive-bombed. The old home, the old job, and the old ‘me,’ may be almost gone,” psychologist Margaret Silf explained. “What is that essential core of who I am that remains through all this upheaval?” This is an important question, because it is this remnant that will be the starter for the new stage of our growth.

“The thing about this remnant, this core of being, is that we often don’t discover it until the force of change has stripped away the outer layers of past certainties and securities,” she emphasized.

For example, the seeds of eucalyptus trees would not be able to germinate until the time when they are exposed to the intense, searing heat such as that of a forest fire, for cleansing. When the shallow surface layers of the self are peeled and stripped away, it is possible for the deeper part of oneself to emerge and be activated.

Sifting and wading through the many layers and untying the interlocked patterns of heavy baggage take focused will power and time. It does not happen quickly. What needs to be purged is the hard, crusty shell of toxic barnacles that have accumulated over the years.

This stripping process is about the essential elements of survival, growth, and transformation.

The new individual that comes out through the blast of change would be different. He/she would have “…deeper layers of personal potential exposed and invited to grow and flourish.”

It is during disasters that one may discover surprise skills and strengths that are hidden within. They are summoned by the individual who is learning how to cope and to manage an extraordinary situation. Among these qualities are resilience, patience, ingenuity, compassion, and the much needed empathy with others who going through similar upheavals.

Most people have to struggle and go through the fire of transformation alone. A few individuals may be fortunate enough to find a guru or a wise spiritual guide.

In the final analysis, beyond the extraordinary skills, social scientists say that one needs a sense of humor — to laugh through the tears and the pain. One can have hope and see a glimpse of the ephemeral rainbow — the promise after the storm.

My the new year bring compassion, peace, and prosperity to all!

 

Maria Victoria Rufino is an artist, writer and businesswoman. She is president and executive producer of Maverick Productions.

mavrufino@gmail.com

MRC Allied targets 10,000 MW of clean energy in 10 years

MRC ALLIED, Inc., which diversified into energy development early this year, plans to invest between P80 billion and P100 billion in the next 10 years to achieve its aspirational goal of putting up 10,000 megawatts (MW) of power capacity.

“We are looking at a target of at least 10,000 MW of clean and renewable energy in 10 years,” said Gladys N. Nalda, MRC Allied president and chief executive officer, in a statement on Thursday.

“This will be equivalent to about P80-P100 billion or more in terms of capital investment depending on the technology or resource,” she added.

Ms. Nalda described the 10-year target as “ambitious” in her first year at the helm of MRC Allied, but says she and her team are focused on meeting this goal.

“As we all say goodbye to 2017, our team looks forward to a bigger and better MRC in 2018. We hope that all our partners, stakeholders and the investing public will continue to show the same kind of support we received this year,” she said.

Ms. Nalda said the 10-year goal was presented to the company’s board of directors during their last meeting for the year.

For 2017, she said MRC Allied exceeded its target capacity of 200 MW of clean energy. Earlier this year, the company announced its plan to develop at least 1,000 MW of renewable energy in five years.

The company recently acquired a 15% stake in the 50-MW Sulu Electric Power and Light (Phils.), Inc. (Sepalco), an operating solar farm in Leyte. It noted Sepalco is a “significant” addition to the 100-MW Clark solar project and the 60-MW Naga solar project, which are in pre-development stage.

MRC Allied’s pipeline projects include the possible foray into the solar rooftop business after it entered into discussions with Xentro Mall, a local company developing a chain of community malls nationwide.

Ms. Nalda also said she was seeking an opportunity to develop liquefied natural gas facilities in the country and that MRC was “looking at possible partnerships for these types of projects.”

“There is also a growing potential for the company to pursue projects in the off-grid areas, solar PV (photovoltaic) business and embedded RE projects,” she added.

The MRC Allied chief said Republic Act No. 10963 or Tax Reform for Acceleration and Inclusion Act, which will be implemented in 2018, along with coal “becoming less and less viable option” would make timely the shift into clean and renewable power sources.

“We are open to pursuing all types of energy provided it is clean or renewable. We will also continue with our buy or build strategy as we add more energy projects to our portfolio. We will be more aggressive in seeking partners in order to achieve our target capacity,” she said.

Shares in MRC slipped by 1.47% to close at P0.335 each on Thursday. — Victor V. Saulon

Sugar mill gets BoI approval

THE Board of Investments (BoI) on Thursday said it has approved HDJ Bayawan Agri-venture Corp.’s (HBAC) P490-million sugar mill in Bayawan City, Negros Oriental.

In a statement on Thursday, the BoI said the sugar plant qualified under the manufacturing activities agro-processing category of the 2017 Investment Priorities Plan (IPP), entitling the project to various incentives.

Located on a five-hectare areas in Barangay Bugay in Bayawan City, the sugar mill began commercial operations this month. It currently employs 151 personnel.

HBAC’s facility is set to produce 427,050 50-kilogram bags of raw sugar annually, and 7,665 metric tons per year of molasses, a by-product. 

Trade Undersecretary and BoI Managing Head Ceferino S. Rodolfo said the new plant will address the needs of small sugarcane farmers in the area, as well as agrarian reform beneficiaries.

“The establishment of the new sugar mill plant will dramatically reduce the cost of transporting sugarcane among farmers within the area by as much as P600 per ton. Farmers will now have greater flexibility on where to send their sugarcanes for milling,” he was quoted as saying in a statement.

Small sugarcane farmers in the area previously had to go to milling facilities in Sta. Catalina, Bai City and Kabankalan City, which are 50 kilometers away. The BoI said the cost of transporting sugarcane to these sites was estimated at P650 per ton.

Your Weekend Guide (December 29, 2017)

Rico J. Puno
Rico J. Puno will have a pre-New Year’s Eve show at the Winford.

Pre-New Year concert
OPM icon Rico J. Puno will perform his timeless hits in a concert called Up Close and Personal on Dec. 30, 8 p.m., at the Winford Manila Resort and Casino (WMRC) Ballroom. The concert comes with a dinner buffet prepared by the chefs of Choi Garden Cantonese restaurant at the 2nd floor of WRC. Tickets are available at TicketWorld outlets. Visit www.winfordmanila.com or call the Guest Services at (632) 528-3600 for more information.

‘Peripheral’ exhibit
THE Museum of Contemporary Art and Design (MCAD) at the DLSU College of Saint Benilde presents Flatlands, an exhibition of reimagined “peripheral” sites ascribed in the idea of flatness. It features works by James Beckett, Hrair Sarkissian, Amie Siegel, and Eugenio Tibaldi which will be on view until March 4, 2018. The exhibition is supported by the Embassies of the United States and Italy in the Philippines.

Disney on Ice
Disney on Ice has performances until Jan. 3.

Disney on Ice
SPEND a magical holiday with friends and family as SM Lifestyle Entertainment, Inc. and Feld Entertainment, Inc. present Disney on Ice Celebrates Everyone’s Story at the Mall of Asia Arena until Jan. 3, 2018. The production features more than 50 characters from 14 Disney stories, and more than 30 sing-along tunes. Tickets cost as low as P190 at www.smtickets.com and SM cinema ticket booths.

IMPOSSIBLE -- World’s Greatest Magic Show
One of the tricks at IMPOSSIBLE — World’s Greatest Magic Show, which has performances until Jan. 3.

Magic show
FRESH from London’s West End, six magicians have come together for IMPOSSIBLE — World’s Greatest Magic Show which has performances at the Smart Araneta Coliseum in Cubao, Quezon City, until Jan. 3, 2018. For tickets and schedules, visit www.ticketnet.com.ph.

Kids at the museum
THE Ayala Museum presents “Christmas for Kids” which offers free admission to the museum for children 12 years and below daily until Dec. 30. Enjoy the museum’s kid-approved exhibits like the Diorama of Philippine History and the museum’s cutting-edge Rizal virtual reality experience. The children can try out the Christmas art stations, and use audio guides to unwrap the mystery hidden inside the museum collection. Children must present their school ID or any valid ID indicating their birthday to avail of free access. Museum hours are from 9 a.m. to 6 p.m. For inquiries, call 759-8288 or send an inquiry to hello@ayalamuseum.org.

Installation art
THE DISPLAY of Mark Justiniani’s The Settlement, presented by CANVAS and the Ateneo Art Gallery, has been extended until Jan. 2 at the Unionbank Plaza of Areté, Ateneo de Manila in Quezon City. The Settlement is part of the artist’s current series of assemblages and installations which creates an illusion of infinite space through the careful manipulation of light and mirrors. The external features of artwork look like a shanty while the inside is rich in Philippine historical and cultural references such as martial law, the Marcos burial, the Aguinaldo Hall in Malacañang, Andres Bonifacio, a manananggal, and a mob of rallyists. The work is on view daily until Jan. 2 from 9 a.m. to 5 p.m.

Christmas lights
IT’S showtime nightly at 6 p.m. until Jan. 2 at Robinsons Starmills Pampanga as giant lanterns remain on display at the rear parking area of the mall.

Holiday fair
ETON CITY is bringing The Original Banchetto south of Metro Manila with the “Eton City Holiday Fair, powered by Banchetto” at the future site of the lifestyle center, Eton City Square, along the SLEx Eton-Greenfield City Exit, across Petron gasoline station at Eton City in Sta. Rosa, Laguna on Dec. 29 and 30, 4 p.m. to midnight. “Banchetto” is Italian for “feast,” and at this night market one may expect food, food, and more food including barbecue and other street foods like isaw and betamax, as well as shawarma. Non-food items will also be available.

Gov’t agency to assess damage caused by typhoon to land reform beneficiaries

DAVAO CITY — The Department of Agrarian Reform in Davao Region (DAR-11) announced that it seeks to check the extent of damage caused by the onslaught of typhoon Vinta to Agrarian Reform Beneficiaries (ARBs) in the area. Typhoon Vinta made its landfall in Cateel, Davao Oriental at around 1:45 a.m. on Dec. 22, Saturday that caused flooding and landslides in the region, particularly in the provinces of Compostela Valley, Davao del Norte, Davao Oriental and in the cities of Davao, Tagum, and Panabo. The typhoon also forced some residents in Davao Region to evacuate to safe areas due to floods and landslides. The assessment will cover damage to projects previously released to beneficiaries as part of the support services of the agrarian reform program, the agency said in an e-mailed statement.

Shares post gains as window dressing continues

STOCKS continued to climb on Thursday, pushing the Philippine Stock Exchange index (PSEi) to a fresh peak, as window dressing continued to lift the market for the fourth straight day.

The 30-member index rallied to 8,571.46 intraday before settling at 8,535.09 at the closing bell, still 0.52% or 44.18 points higher than the day prior.

This marks the bellwether index’s 13th record high for 2017, with yesterday’s finish the highest since its 8,519.82 close last Nov. 6. 

The broader all-shares index likewise gained 0.44% or 22.19 points to 4,963.70.

“The Philippines broke ground as it zoomed past the 8,500 level, while succumbing to some resistance as it tried to reach a new all-time high,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said in a mobile phone message.

“Both Philippine and US stocks finished higher on their last trading sessions as window dressing is now under way,” Regina Capital’s Mr. Limlingan said.

The Dow Jones Industrial Average added 0.11% or 28.09 points to 24,774.30. The Nasdaq Composite Index inched up 0.04% or 3.09 points to 6,939.34, while the S&P 500 index firmed up 0.08% or 2.12 points to 2,682.62.

Asked if the market can reach another all-time high before the year ends, RCBC Securities, Inc. equity analyst Jeffrey Lucero noted there is strong resistance at the 8,600 level.

“The market may continue to receive a boost from window dressing, but probably not enough to push the index beyond 8,600,” Mr. Lucero said in a text message.

The holding firms counter was the lone index that ended with losses, dropping 0.16% or 13.97 points to 8,606.49.

The financial sector led Thursday’s gains with an increase of 1.29% or 28.16 points to 2,202.75, followed by the mining and oil sector which added 1.10% or 125.24 points to 11,510.51. Industrials added 0.79% or 88.46 points to close at 11,277.52; property rose 0.64% or 25.36 points to 3,975.86; while services climbed 0.25% or 4.11 points t 1,617.93.

The market saw a total of 764.75 million issues valued at P6.40 billion switch hands. This is almost twice the value turnover of P3.6 billion recorded on Wednesday.

Foreign buying ballooned to P1.25 billion against the P349.46-million net inflow logged last Wednesday.

Advancers outnumbered decliners, 107 to 105, as 38 issues remained unchanged after yesterday’s session.

Southeast Asian stock markets rose on Thursday, with Indonesia also hitting an all-time high and Malaysia scaling a three-and-a-half-month peak.

The Jakarta SE Composite Index climbed as much as 0.30% before paring the gains. The index, which had risen 18.5% this year as of Wednesday’s close, added 2.7% in the previous three sessions of gains.

Among other Southeast Asian stock markets, Malaysia extended gains into a second session and hit its highest since Sept. 19. — Arra B. Francia

DoE draft rules allow foreign ownership for biomass projects

THE Department of Energy (DoE) has solicited comment from the industry on a proposed circular that seeks to amend previous rules governing the transparent and competitive system of awarding renewable energy service contracts.

In the draft circular, the DoE has included biomass projects as one of two renewable energy technologies that may be owned by foreign corporations.

“In the case of the exploration, development or utilization of biomass and geothermal resources, the applicant may either be a Filipino or foreign, natural or juridical, citizen,” according to the draft, which has a January 2018 target issuance date.

The proposed department circular (DC) amends DC 2009-09-0011 or the guidelines governing a transparent and competitive system of awarding renewable energy or operating contracts. The old circular, which was issued on July 12, 2009, also provides for the registration process of renewable energy developers.

Under DC 2009-09-0011, only the development of geothermal resources is listed as open to foreign ownership.

The draft circular also does away with the “blocking system” of subdividing the Philippine territory by the DoE into blocks of half minute of latitude and half minute of longitude. Each block is an area of 81 hectares with a designated block number, which is used exclusively in identifying the coverage of a contract area.

The DoE has given industry participants until Jan. 3, 2018 to submit their filings.

The draft circular has retained much of the qualification set for who may apply for renewable energy (RE) contracts, or a service agreement between the government, through the President or the DoE, and an RE developer over an appropriate period as determined by the department. That period gives the developer the exclusive right to explore, develop or utilize a particular RE area.

For contracts covering all RE resources and including hybrid systems, the applicant must be a Filipino or, if a corporation, must be a Filipino corporation with at least 60% of its capital owned by Filipinos and duly registered with the Securities and Exchange Commission, except for geothermal and biomass development.

A provision on the eligibility of an RE applicant — or any entity, whether individual or juridical, local or foreign, including joint venture or consortium of local, foreign, or local and foreign firms — has required the President’s approval on geothermal resource development.

“Consistent with Article XII, Section 2, of the 1987 Philippine Constitution and applicable existing laws, any foreign-owned corporation duly authorized to operate in the Philippines may apply for an RE Contract in the nature of a financial or technical assistance agreement for large-scale exploration, development or utilization of geothermal resources, subject to the approval of the President,” the draft states.

Republic Act No. 9513, or the “Renewable Energy Act of 2008,” provides the policy of the state to encourage and accelerate the exploration, development and increase the utilization of renewable energy resources such as, but not limited to, biomass, solar, wind, hydropower, geothermal and ocean energy sources, and including hybrid systems.

Not the real me

Incidences of road rages can be caught by passersby with their ubiquitous phone cameras to be posted in social media and eventually the news cycle. The unscripted confrontation, even without sound, can look brutal especially if the female aggressor is violent and the target of the attack is a befuddled old man. The viral video casts the villain of the piece quite clearly.

And in a slow news day, the incident lingers on with interviews and the wave of media ambushes of the aggressor’s home where the photographed car is parked. Can a reluctant apology be far behind — that was not the real me? (When not driving, I am naturally civil, and don’t curse and slap old people.)

Hotheads have a low tolerance for frustration or inconvenient irritants which quickly sets off anger ranging from mild irritation and sarcasm, to pique and violent rage. This can manifest itself in aggressive behavior like breaking side mirrors of taxis and slapping penitent faces. The trigger event need not be caused by a human error, as in the case of a waiter with the wrong order. It may be a traffic jam or delayed flight. It doesn’t seem to matter if rage can actually improve the situation. Usually, anger makes it worse, especially when the incident is recorded.

Clearly, such aggressive behavior is unacceptable in the workplace. Corporate legends are replete with tales of monumental tempers. It is not unusual for those who have worked long with a subordinate-beater to consider it a badge of honor to be the object of a temper tantrum. This distinction is even an occasion for bragging — does he flare up with people he doesn’t care for?

Irritability in high places can cause the declaration of an unintended policy pronouncement. The display of arrogance is routinely visited on media that report critical news. And the favorite dismissal of unfavorable coverage like a high-profile photo session is to make it an ordinary occasion not to be upset over (anybody can have her photo taken there). Often, criticism is simply dismissed as fake news.

Anger management is a psychological intervention mechanism to address short fuses. The patient is asked to take a deep breath, count to a hundred, and think funny thoughts devoid of sadistic images — like a taxi driver with a hula hoop. This self-distraction is supposed to defuse the building fury and calm down the angry beast.

Still, psychologists allow that some dissatisfaction over certain situations is healthy. Suppressing anger at all times can also be harmful and lead to cardiac arrest. Good mental health lies in aiming for reasonable assertiveness. The sense of frustration must lead to some form of constructive problem-solving. Can an advocacy be far behind?

Logic can defeat anger since it tries to isolate a problem and look for possible solutions. Criticism of your work, for instance, is not necessarily an attack on you as a person, even if it seems that way especially if it’s the same detractor doing it on a daily basis. While personality and likableness cannot easily be improved, an inferior report can be tweaked to address identified shortcomings — you need data to back this up.

Overseas Filipinos on short home visits need to rein in their dissatisfaction, say with traffic. Their threshold of displeasure has been considerably lowered by their being used to their first world milieu. When everything works back home, any inconvenience or disruption experienced in their local visit (like slow Wi-Fi or potholes) falls in the category of a minor disaster. Thus, these native foreigners are seen to be candidates for anger management drills. The stress of hosting such characters can strain the bonds of hospitality and reduce the host into an apology machine calming down his guests. (Just ignore the beggar knocking on your window, please.)

The passive acceptance of even the most outrageous situation, like the need for a security guard for every establishment, bewilders the foreigner. Why are we so docile in our unacceptable situation? Why do we not rant and rave as they do? Why are we even smiling at our situation?

Having a high tolerance for frustration is a defense mechanism for third world inhabitants. Getting angry each time reality is disconnected with pronouncements can be too stressful. The danger of extreme agreeableness is the acceptance of mediocrity as a natural state.

Now and then, even highly tolerant people need to be jolted out of their complacency and get angry… or at least disturbed.

 

A. R. Samson is chair and CEO of Touch DDB.

ar.samson@yahoo.com

Number of Occupational Accidents and Injuries in the Philippines

Number of Occupational Accidents and Injuries in the Philippines

Blast at Afghan news agency office in Kabul kills at least four

KABUL — An explosion went off at an office of the Afghan Voice news agency in the capital, Kabul, on Thursday causing serious casualties, officials and witnesses said, the latest in a series of attacks on media groups.

Photographs sent by witnesses showed what appeared to be serious damage at the site and a number of dead and wounded on the ground.

Public Health Ministry spokesman Ismail Kawosi said at least four people had been killed and 18 wounded.

However, the final toll may be higher, according to witnesses who said there were heavy casualties among students attending a panel discussion with researchers at the agency’s offices.

There was no immediate claim of responsibility.

The attack, the latest in a series to hit Afghan media groups in recent years, follows an attack on a private television station in Kabul last month.

According to a report this month by media freedom group Reporters without Borders, Afghanistan is among the world’s most dangerous countries for media workers with two journalists and five media assistants killed doing their jobs in 2017. — Reuters

Big Three humming

The Thunder are rolling, and how. After sputtering through the first fourth of their 2017-2018 campaign, they’re now showing why preseason prognoses had them crowding the top of the West. With their Big Three finally humming, they’ve put up an impressive 12-and-three slate this month. And they’re coming off two impressive victories at the Chesapeake Energy Arena; they took the measure of the vaunted Rockets on Christmas Day, and followed it up with a thorough beating of the highly touted Raptors yesterday.

Considering the Thunder’s plight at the start of the season, the manner in which they’ve turned around their fortunes is nothing short of impressive. Perhaps wanting to make new acquisitions Paul George and Carmelo Anthony feel welcome from the get-go, reigning National Basketball Association Most Valuable Player Russell Westbrook dialed back on his trademark aggressiveness. The results left much to be desired; too many your-turn-my-turn isolation sets made for predictable, not to mention inefficient, stands. Once he understood that the best way for his fellow marquee names to thrive is for him to be, well, himself, though, success came, and in spurts.

To be fair, the Thunder never wavered in confidence. They knew they had the talent level to compete with the best of the best, and they understood that, in time, Westbrook, George, and Anthony would learn to play off, and with, each other to collective success. Which was why, even in the midst of funks that had them absorbing multiple losing streaks and struggling to produce .500 ball, they kept preaching patience. They enjoyed each other’s company, they insisted, and their off-court camaraderie translating to on-court productivity was a matter of when, not if.

The Thunder aren’t perfect; every so often, they still succumb to spates of hero ball. Then again, so do most other opponents featuring all-world personalities. If their performance in the crunch of late is any indication, however, they’ve developed the trust required for them to thrive under pressure.

 

Anthony L. Cuaycong has been writing Courtside since BusinessWorld introduced a Sports section in 1994. He is the Senior Vice-President and General Manager of Basic Energy Corp.

Ambassador asks to meet Lorde over canceled show

WELLINGTON — Israel’s ambassador to New Zealand on Wednesday appealed to the pop star Lorde to meet him after she canceled a show in Tel Aviv after appeals from activists for her to shun Israel as a protest against its treatment of Palestinians. Itzhak Gerberg, Israel’s ambassador to New Zealand, said in a public letter it was “regrettable” that the concert had been called off and the boycott of his country represented “hostility and intolerance.” “I invite you to meet me in person to discuss Israel, its achievements and its role as the only democracy in the Middle East,” Gerberg said on the Embassy of Israel’s Facebook page. Lorde’s representatives did not immediately respond to request for comment on her response or whether she planned to meet the ambassador. The 21-year-old New Zealand singer had been slated to perform in Tel Aviv in June as part of a global tour to promote her chart-topping second album Melodrama. Campaigners have been urging her to scrap the show, calling in an open letter on Dec. 21 for her to pull out as part of a boycott to oppose Israel’s occupation of the Palestinian territories. Lorde said on Twitter at the time she was speaking with “many people about this and considering all options.” Eran Arielli, the promoter of the concert, said on Facebook on Sunday that the show was off. — Reuters