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Art & Culture (09/20/17)

Textiles at Yuchengco Museum

TWO EXHIBITS focusing on the textiles of Mindanao are opening on Sept. 23 at the Yuchengco Museum. Origins and Translations: Mindanao Tapestry and Silken Courts: The Maranao Malong Garments of Identity and Continuity highlight the weaving and ornamentation traditions of the Maranao, Bagobo, B’laan, Kaulo, Mandaya, Subanen, and T’boli ethno-linguistic groups. The exhibitions are curated by Floy Quintos. Also featured are couture by the Davao Fashion and Design Council Foundation, Inc., who were inspired by these traditions. The Yuchengco Museum is at the RCBC Plaza, corner Ayala and Senator Gil J. Puyat Aves., Makati City.

Philippine Ballet Theater’s The Merry Widow

NOW ON its 31st season, Philippine Ballet Theater (PBT) will feature The Merry Widow, featuring Irene Kim Abrogena and Veronica Atienza alternating in the lead role. Guest artist Martin Buczcko from Germany tackles the male lead role. Choreographed by artistic director Ronilo Jaynario. The Merry Widow will have performances on Sept. 30, 3 p.m. and 8 p.m., and Oct. 1, 3 p.m., at the Tanghalang Nicanor Abelardo in the Cultural Center of the Philippines, Roxas Boulevard, Pasay City. Matinee tickets are P1,000 and P1,500. Evening show tickets are P1,500 and P2,000.

Celebrating a National Artist

THE 100th birth anniversary of National Artist for Music Jose Maceda is being marked by the Cultural Center of the Philippines and the University of the Philippines Center for Ethnomusicology, and will include the exhibition Attitude of the Mind at the Bulwagang Juan Luna and a special restaging of Maceda’s 1971 piece, Cassettes 100. The exhibit will open on Sept. 26 at 4:30 p.m., and will be followed by the Cassettes 100 performance at the Main Theater Lobby at 6 p.m. Artworks were specifically commissioned for Attitude of the Mind, from Ricky Francisco, Leo Abaya, Ringo Bunoan, Tad Ermitaño, experimental musicians Malek Lopez and Arvin Nogueras, and Prof. Chris Brown. The exhibit, curated by Dayang Yraola, will run until Dec. 3 at the Cultural Center of the Philippines, Roxas Blvd., Pasay City.

ARVIN FLORES’S Men in the Matrix (Image Virus, 002002), acrylic on canvas, 11 x 14 inches, 2017

Exhibits at Silverlens

AN EXHIBIT of works by Bernardo Pacquing, and another called Wonder featuring works by Mark Andy Garcia will open at Silverlens today at 6 p.m. They will be on view until Oct. 21 at Silverlens, Lapanday Center, 2263 Don Chino Roces Ave. Ext., Makati City.

Group show at Artery

BENDING THE CIRCUIT OF MACHINE LOGIC, an exhibit of works by Clarence Chun, Beejay Esber, and Arvin Flores will run from Sept. 23 to Oct. 14. The works dismantle the conventional fantasy of a future ruled by perfection and the ideal, and instead picture a fluctuating world consisting of hybridized natures both robotic and organic. The gallery is located at 102 P. Tuazon Blvd., Cubao, Quezon City.

Dance group launches Bahay ni Kuya

THE Ramon Obusan Folkloric Foundation, Inc., through its performing arm the Ramon Obusan Folkloric Group, and in partnership with the Cultural Center of the Philippines (CCP) Arts Education arm, launches Bahay ni Kuya – home of Philippine Folk Heritage and Learning Resource Center of the National Artist for Dance Ramon Arevalo Obusan – today. Bahay ni Kuya is located at 094 Road 4, CAA Housing Area Pildera II, NAIA, Pasay City. It will operate to revive, safeguard, preserve and make the National Artist’s collections readily accessible, and provide service to the cultural education needs of artists, youths, students, scholars, teachers and arts enthusiasts. For more information, contact the CCP’s Cultural Management Division/Arts Education Department at 832-1125 local 1710 or check the Web site http://artseducation.culturalcenter.gov.ph.

Takatak at the Met

THE Metropolitan Museum of Manila presents the Takatak Project on Sept. 30, 2 p.m. Facilitated by Mary Velmonte, the workshop/lecture will tackle this popular Filipino toy – which reflects the simplicity and creativity of local artists – from wood carving to papier-mâché, and down to its decorative painting. The workshop fee is P700 inclusive of museum access, workshop kit, two taka horses, and a guided tour. Meanwhile, there are several ongoing shows, starting with Faces and Phases in Turbulence, which is on view until Sept. 23 at the Galeriya Bangko Sentral ng Pilipinas. Faces and Phases in Turbulence looks to the discourse of social realist works through the Met’s collection. In reframing its collective significance, correlations can be drawn from this current age of uncertainty and injustice, with the political and economic turmoil that took place after the dictatorial regime of Ferdinand Marcos that ended in 1986. Ongoing until Oct. 28 is Distinct Refinements: Painting from the Provinces which is on view at the Tall Galleries, and The Philippine Contemporary: To Scale the Past and the Possible, featuring an extensive selection of almost 200 artworks from National Artists and contemporary artists. For details, e-mail info@metmuseum.ph or call 708-7829. The Metropolitan Museum of Manila is at the Bangko Sentral ng Pilipinas Complex, Roxas Blvd., Malate, Manila.

NCCA extends translator prize deadline

THE National Commission for Culture and the Arts (NCCA) extends the call for the Translator’s Prize to Oct. 31. Dubbed “Gawad Rolando Tinio sa Pagsasalin,” the award – open to all Filipino citizens of legal age – seeks to gather manuscripts of works in different literary forms translated into Filipino. For this year, translation entries for three categories are open: epics, short stories, and poetry. The award is P250,000 which will compensate for the year-long work allotted for the translation. For the complete guidelines, call the Cultural Dissemination Section through numbers 527-2192 and look for Corinnah Anne Olazo.

Theater for young adults

TANGHALANG ATENEO opens its 39th Season: Performing Change with Guelan Varela-Luarca’s adaptation of Edgar Calabia Samar’s award-winning play Si Janus Silang at ang Labanang Manananggal-Mambabarang, based on the Janus Silang book series. Performances will be on Sept. 20-23, 26-30, Oct. 3-7, 10-14, and 17-21 at 7:30 p.m., with Saturday matinees at 2:30 p.m. at the Ateneo de Manila’s Black Box Theater. Guelan Varela-Luarca directs theater veterans Jenny Jamora, Carlo Vergara, Renante Bustamante, and Xander Soriano alongside Tanghalang Ateneo’s actors. For details, call Chloe Fabul (0998-984-3127).

H.R. Ocampo work auction highlight

THE LAST work by National Artist Hernando R. Ocampo (1911-1978), Mga Kiti, created in the final year of his life, will be the highlight of Salcedo Auctions’ The Well-Appointed Life auction at The Peninsula Manila’s Rigodon Ballroom on Sept. 23 and 24. The 500 lots up for bid at the auction are now in a preview exhibit at the hotel’s 3rd floor gallery until Sept. 23. Created in 1978, Mga Kiti is one of only two monumental-sized Ocampo artworks, and the only one in private hands, the other being the Genesis tapestry curtain at the Main Theater of the Cultural Center of the Philippines. Mga Kiti is three feet high and 30 feet wide. For inquiries, e-mail info@salcedoauctions.com or call 659-4094, 823-0956, 0917-894-6550.

DETAIL of H.R. Ocampo’s Mga Kiti

BIR says tax refund backlog hits P24 billion

THE BACKLOG of tax refund claims hit P24 billion at the end of July, the Bureau of Internal Revenue (BIR) said.

During a hearing of the Senate committee on Finance, the BIR said pending and unpaid tax refund claims by businesses reached P24.42 billion, representing over 4,500 separate claims.

Claims for refunds on value-added tax (VAT) and income tax accounted for P9.62 billion and P9.12 billion, respectively.

BIR Commissioner Caesar R. Dulay said the VAT refund total covers claims made over the past two years.

Under its budget, the BIR has proposed funding to cover about a third of the backlog.

“We have budgeted P8.5 billion for tax refunds,” Mr. Dulay said during the hearing.

Sen. Loren B. Legarda, chair of the Committee on Finance, said that the BIR should submit a budget that would allow for clearing the backlog by 2019.

“Put it in your budget proposal in 2019, so that the BIR can have a clean slate by 2019, and we will approve it,” she said.

“I’m looking at it from the private sector perspective that they need these funds badly, especially small and medium enterprises,” added Ms. Legarda.

Mr. Dulay meanwhile said the proposed tax reform legislation may make a full refund possible by then because of the removal of certain VAT exemptions, while simplifying the tax system.

“We hope with the passage of the tax reform, maybe the claims for refunds would be reduced,” Mr. Dulay said.

The Finance committee is also considering the Department of Finance’s (DoF) budget for 2018.

The DoF is seeking a P19.73 billion budget, down from P21.30 billion appropriated in 2017, when spending items included the renovation of its headquarters.

The House of Representatives approved the 2018 General Appropriations Bill on second reading last week, after it was certified as urgent by President Rodrigo R. Duterte that day. — E.J.C. Tubayan

STI, RCL to open cruise talent dev’t center

CRUISE LINE Royal Caribbean Cruises Ltd. (RCL) has partnered with STI Education Services Group, Inc. (STI ESG) to open a training center in Manila for cruise ship hospitality jobs.

RCL and STI ESG signed a memorandum of understanding to establish the RCL-STI Cruise Talent Development Centre (CTDC), which will train students for hospitality jobs on cruise ships, particularly those under the RCL brands.

“We are excited to create new ways of tapping into the Philippines’ deep pool of talent as we anticipate a massive increase in the number of cruise talent who will support our company’s expansion,” Paul T. Parker, RCL senior vice-president and chief human resources officer said in a statement.

Filipinos presently account for a fifth or more than 17,000 of the total global work force on board the fleet of RCL’s cruise brands, such as Royal Caribbean International (RCI), Celebrity Cruises, and Azamara Club Cruises.

RCL’s six brands operate more than 40 cruise ships that offer itineraries around the world and call on approximately 490 destinations on all seven continents.

Eusebio H. Tanco, executive committee chairman of STI ESG, said the deal is “a boost to our programs that emphasize both academic excellence, and practical and industry-relevant skills training that we hope will produce more world-class hospitality and tourism professionals.” — Patrizia Paola C. Marcelo

Maria batters Dominica as PM predicts dire outcome

POINTE-À-PITRE — Hurricane Maria battered the Caribbean island of Dominica on Tuesday, with its prime minister predicting potentially grave losses and mass destruction as winds and rain from the Category Five storm barrelled into territories still reeling from Irma.

With residents fleeing homes Maria made landfall with top winds swirling at 160 miles (257 kilometers) per hour, the US National Hurricane Center (NHC) said.

“We have lost all what money can buy and replace,” Dominica’s premier Roosevelt Skerrit posted on Facebook, saying there were initial reports of “widespread devastation.”

“My greatest fear for the morning is that we will wake to news of serious physical injury and possible deaths as a result of likely landslides triggered by persistent rains.”

Earlier, he said his roof had been blown off, his house was flooding and he was “at the complete mercy of the hurricane.”

“Rough! Rough! Rough!” he wrote on Facebook, later adding that he had been rescued.

Dangerous storm surges, destructive waves, flash floods and mudslides also threaten the Leeward Islands — the island group that includes Martinique, Puerto Rico and the US and British Virgin islands — the NHC said.

The center earlier warned that “preparations to protect life and property should be rushed to completion” as the eye of the storm approached Dominica, eventually hitting at 0115 GMT.

Guadeloupe — the bridgehead for aid for Irma-hit French territories — ordered all residents to take shelter in a maximum-level “violet alert” effective from 8:00 p.m. as powerful rains drenched the French Caribbean island.

St. Kitts, Nevis, the British island of Montserrat, Culebra and Vieques were also on alert.

On Martinique, also part of France, energy supplier EDF said power had been cut off from 16,000 homes, although a hurricane warning on the island was later downgraded to a tropical storm.

In rain-lashed St. Lucia, which also faced a tropical storm warning, flooding, mudslides and power outages were reported in parts of the island.

Dominica’s airport and ports have been closed, and the local water company shut down its systems to protect its intake valves from debris churned up by the storm.

Criticized for the pace of relief efforts in their overseas territories devastated by Irma, Britain, France and the Netherlands said they were boosting resources for the Caribbean as Maria approaches.

“We are planning for the unexpected, we are planning for the worst,” said Chris Austin, head of a UK military task force set up to deal with Irma, as the British Virgin Islands readied for the storm.

On the island of St. Martin, which is split between France and the Netherlands, authorities announced a red alert ahead of Maria’s arrival.

The Dutch navy tweeted that troops were heading to the two tiny neighboring islands of Saba and St. Eustatius to ensure security following widespread complaints after the first hurricane of looting and lawlessness on St. Martin, among the worst hit by Irma, with 14 killed.

French Interior Minister Gerard Collomb said 110 more soldiers would be deployed to the region to reinforce about 3,000 people already there shoring up security, rebuilding infrastructure and distributing aid.

The hurricane was expected to pass 30 kilometers south of Guadeloupe, with the height of the storm expected at 3:00 a.m. “Everyone must remain inside, and not venture out for any reason,” said the island’s prefecture authority.

HURRICANE SERIES
Irma, a Category 5 hurricane, left around 40 people dead in the Caribbean before churning west and pounding Florida, where the death toll stood at 50 Monday.

It broke weather records when it whipped up winds of 295 kilometers per hour for more than 33 hours straight.

Another hurricane, Jose, is also active in the Atlantic and has triggered tropical storm warnings for the northeastern United States.

Many scientists are convinced that megastorms such as Irma, and Harvey before it, are intensified by the greater energy they can draw from oceans that are warming as a result of climate change. — AFP

Love the spotlight

By all accounts, Kyrie Irving is as astute off the court as he is on it; he doesn’t make decisions without first thinking about his situation and considering all his options. When he chose to appear on ESPN’s First Take the other day, therefore, he knew what he was getting into and, more importantly, he knew what he was getting out of it. In putting himself on the line and taking any and all queries from preternaturally opinionated and inquisitive hosts Stephen A. Smith and Max Kellerman, he understood that he would be fueling speculation on why he forced a trade out of the Cavaliers and a seemingly cushy gig plying his trade alongside widely acknowledged hoops king LeBron James.

For all the willingness of Irving to feel the heat, however, he didn’t exactly wind up embracing it. Given how he alternated between dismissive one-word answers and cryptically convoluted statements, he didn’t seem all that intent to set the record straight once and for all. Not that those who watched him spar with Smith and Kellerman couldn’t deduce the truth behind his responses. That said, it’s precisely because all and sundry know what went down, anyway, that his inability to go on the record to confirm it comes off as a disappointment.

Consider the following give and take: “Did you talk to LeBron James before you and your representatives met with ownership and let them know you wanted out?” “No.” “Why not?” “Why would I have to?” “If you don’t speak to somebody, they might take it personally.” “Yeah.” “Do you care about that at all?” “No.” It’s an exchange that lasted less than half a minute, and that, not coincidentally, had Irving using two and a half times fewer words to react to four questions than Smith did for the first question alone. In any case, it underscored the underlying reason for the 2011 first overall pick and four-time All-Star’s demand to be shipped out and away from a seemingly ideal position.

Nope, Irving didn’t have to wear a suit and subject himself to what amounted to a full-court press from Smith and Kellerman simply to highlight the extent of his dissatisfaction in a Cavaliers uniform. Then again, he didn’t have to troll the public in February when, in a popular podcast, he argued the merits of the Flat-Earth Theory. The long and short is clear, of course: He loves and craves the attention. It’s why he moved to distance himself from James in the first place. Sure, he competed for three straight championships alongside the larger-than-life personality that peers, in a poll done by their union, deemed “The Player You Secretly Wish Was On Your Team.” Unfortunately, the offshoot was less than palatable to him. He didn’t want the spotlight turned on him while a shadow loomed over him at the same time.

Which, for all intents, explains his presence on First Take. It wasn’t to spurt out such ridiculous nonsense as “Oh, if you’re very woke, there is no such thing as distractions.” It was to contend, and proudly, that “I’m ready to move on. I’m ready to be on my own. I’m ready to try out a new situation. I’m ready to be in an environment where I can feel like I can be happy.” Enough said.

 

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.

Rethinking, Reforming the strategy

No, this is not a response to Secretary Abella’s statement that our strategy in the war against illegal drugs needs to be rethought and reformed. I agree with him that the strategizing needs to actively engage more sectors in our society than have been otherwise engaged. The PNP is not capable of doing the work alone and a number of policemen acted unacceptably. These have caused the nation a lot of pain.

The President’s admission that he no longer believes he can solve the problem in six months time and not even during his term is a big act of humility given the bravado of his campaign promises.

I would like to speak instead to the need to rethink and reform the grand strategy to address our varied and interconnected problems of development, including poverty, criminality, and a largely disengaged citizenry. These to me is needed because it has been over a year since President Rodrigo Duterte took on the reins of government and many of the promised changes still have to be palpably felt.

True, there is much noise in social media from both pro- and anti-Duterte forces. I am not sure, however, that the noise we hear are truly representative of what I believe to be more nuanced perceptions of different people about where we are and where we are not yet as a nation; the approval or disapproval of Duterte’s main development thrusts; the approval or disapproval of the President’s chosen actions; and our differing perceptions on what has and what has not been achieve.

In my retirement, I have had the good fortune of speaking or interacting in multimedia with a wider range of our people than when I was actively at work.

There is satisfaction, to be sure, in many places over decreased presence of drug users and pushers (though in other places the reports know indicate no change in extent, just less open trade — pushers, rumored to be protected by local officials down to baranggay level still deliver packets to tricycle, jeepney, and bus drivers who, like some call center agents, need the doses to keep them alert on their work, I am told). There has been a decrease in criminality in many places especially where police presence has become more regular. All these qualitative observations need closer scrutiny and quantification before more meaningful strategies can be developed.

At the start of the Duterte administration, the NEDA under Secretary Pernia developed a 10-point program approved by the Cabinet.

For many of us that became the general plan for the six-year term of President Duterte. It is a good program and so we waited for the ongoing results to be reported to us with regularity. Initially members of the Office of the Cabinet secretary posted on Facebook initial steps already taken — some 50 steps were reported. Many responded that this was a good first step and we asked for regular follow through reports. None came.

Many of us also responded to other announcements with similar enthusiasm and willingness to help in whatever capacities we could based on the needs to be identified by the government agencies involved.

We waited for announcements from the Department of Agriculture regarding programs for modernizing and diversifying our agriculture and fisheries value networks. After some announcements the department has gone relatively silent and we are left to wonder.

The Department of Transportation promised relief for traffic at least in Metro Manila. The managers said they could do much of their work even without emergency powers. Initial responses to some of their plans were less than enthusiastic. The plans were not draconian enough. People started to write articles and speak out in broadcast media that the traffic problem not only in Metro Manila but in other urban and urbanizing habitats went beyond issues of transport and transport infrastructure; that they involved land use, urban and regional planning. To date we still suffer traffic which seems, in fact, to have worsened. Again, not much has been heard from the DoTr and the DPWH except for the announcements regarding certain large infrastructure project including the proposed MM subway system, part of the “Build, build, build” strategy.

The “Build, build, build” strategy is much needed in principle. However, I think it is not a matter of building but must address the related questions of building what, where, for what purposes and towards what end.

Our more urgent and longer term requirements are, and these are rural, agriculture and fisheries development for their address the multiple challenges of livelihood, employment, rural to urban migration, food production, population health and welfare and poverty reduction.

I would want to see the Mindanao railway system and the extensions of the PNR to Ilocos and to Sorsogon started more than I would the proposed subway system which we can expect to complicate our traffic problems for several years before the system can have its effects. Meantime, unless we limit new car purchases or insist on getting rid of older or less fuel efficient cars — many old cars have been properly maintained and retained good fuel efficiency — expect traffic in Metro Manila to get worse.

Related to this, there have been initiatives by past governments worth going back to Gloria Arroyo’s maritime highway plan. We are an archipelagic nation and good ports with excellent berthing, loading and unloading facilities, adequate warehouses (including refrigerated warehouses) and good roads leading to and from these ports are badly needed.

We can jump-start heavy manufacturing by locally building more and bigger inter-island cargo ships designed for efficient loading and unloading. I am sure we can build better ferries than what we now have to ease the interisland transport system.

And as far as jump-starting our manufacturing, it will be wise to order our next requirement for firearms like pistols from local manufacturers who have already a good record of quality products. Had we given our order for side arms (pistols) to Armscor rather than to Glock, our light metal industry would have been off to a very good start.

Outside of sometimes confusing announcements about infrastructure loans from the Chinese and Cabinet approval of large ticket item projects mostly concentrated in already better built up areas, nothing else has come out.

I think, too, that government has done a good enough job to bridge our fractured nation. The often combative and pugnacious stand of government officials, especially the President, has only served to increase the political heat and increase the level conflict to a point where persons with dangerous tendencies actually post pictures of themselves holding advanced automatic weapons threatening to shoot people on the other side.

If we are to experience good governance and get our people moving as one towards worthy goals, the President will spur the radical changes he wishes without having to spawn bloodshed the results of which are never predictable.

Perhaps the real rethinking and reforming of strategy is not just for the various declared “wars.” It should be the President rethinking and reforming his whole approach to governance.

 

Mario Antonio G. Lopez is a member of Manindigan! a civil society group that helped topple the Marcos Dictatorship.

maglopez@gmail.com

Malacañang frowns on Fariñas’ immunity assertion

MALACAÑANG ON Tuesday thumbed down House Majority Leader Rodolfo C. Fariñas’ assertion that lawmakers should be given immunity when faced with minor traffic violations. “The President himself continues to observe a modest lifestyle and receives no special treatment, whether inside or outside the Palace. We hope our colleagues in Congress, especially our allies, can bring themselves to do the same,” Presidential Spokesperson Ernesto C. Abella said during a press briefing yesterday. “Law is law right? It should be blind to all,” he added. Mr. Fariñas, on Monday during the House transportation committee hearing, asked the Department of Transportation to grant lawmakers immunity from traffic violations when Congress is in session, citing the congested traffic conditions in the capital. — Rosemarie A. Zamora

Stocks snap rally ahead of Federal Reserve meet

STOCKS dropped yesterday on profit taking ahead of key central bank meetings.

After three straight trading days of closing at record highs, the Philippine Stock Exchange index (PSEi) on Tuesday fell by 131.44 points or 1.58% to end the session at 8,162.70, wiping out most of its recent gains.

The broader all-shares index also tanked as it lost 58.27 points or 1.19% to finish at 4,828.21.

“Philippine shares erased practically all its gains from yesterday after breaking record highs over the last few days. This happened as investors looked ahead to a key Federal Reserve meeting,” Luis A. Limlingan, business development head at Regina Capital Development Corp., said on Tuesday.

The Fed was set to start a two-day policy meeting yesterday. Markets are expecting the US central bank to keep rates but give hints on planned rate hikes and the unwinding of its bond portfolio.

“Developed markets were more bullish as Wall Street also cheered a big defense industry deal,” Mr. Limlingan added.

The S&P 500 ended slightly higher on Monday as financial stocks rose ahead of a Federal Reserve meeting, but the Nasdaq pared gains sharply as technology stocks lost ground late in the session.

The Dow Jones Industrial Average rose 63.01 points or 0.28% to 22,331.35, the S&P 500 gained 3.64 points or 0.15% to 2,503.87 and the Nasdaq Composite added 6.17 points or 0.1% to 6,454.64.

Back home, all the sectoral indices slumped, with holding firms — one of the major gainers in recent days — giving up 173.26 points or 2.1% to close at 8,061.12.

Mining and oil lost 295.54 points or 2.07% to finish at 13,956.62; services stumbled by 33.35 points or 1.91% to 1,707.66; property stocks gave up 67.99 points 1.7% 3,923.50.

Losses incurred by financials as well as industrials were milder. Financial stocks lost 8.74 points or 0.43% to 1,984.20, while industrial issues dropped 21.17 points or 0.18% to 11,336.87.

Declining stocks outnumbered advancers, 121 to 69, while 54 issues finished unchanged. Trading value reached P8.91 billion, a tad higher than the previous day’s P8.11 billion, with 1.31 billion shares changing hands.

Net foreign selling widened to P272.03 million from P45.63 million the other day.

Still, others are optimistic that local equities will regain their recent strength and advance further.

Miko S. Sayo, trader at Angping & Associates Securities, Inc., earlier said: “I’m looking at 8,500 already in the next few days.”

Asked about the basis of his optimism, he said: “Pure technicals.”

Transpacific Broadband Group International, Inc. was the top gainer, followed by Intergrated Micro-Electronics, Inc.; Filipino Fund, Inc.; 2Go Group, Inc.; and Waterfront Philippines, Inc. F&J Prince Holdings Corp. “B” was the top loser, along with Paxys, Inc.; The Philodrill Corp.; Bloomberry Resorts Corp.; and ATN Holdings, Inc. “B”. — Victor V. Saulon

ERC declines to intervene in 4 Meralco power deals

THE Energy Regulatory Commission (ERC) has denied several petitions to intervene in the case involving four power supply agreements between Manila Electric Co. (Meralco) and four companies that are building coal-fired power plants.

“In a Commission meeting held on 30 August 2017, the Commission deliberated, and resolved to DENY the Petitions filed by Junia, Bait, et aI., and Borja to be admitted as intervenors in the instant case. However, the said Petitions are hereby treated as Oppositions to the instant Application,” the ERC said in four separate orders dated Sept. 14, 2017 and released to media on Tuesday.

The persons whose petitions were denied are Romeo L. Junia; Fe R. Bait, et al.; and Uriel G. Borja.

“The Commission also resolved to DENY the Motion to Dismiss filed by Junia,” the ERC said.

Meralco’s application for power supply agreements (PSA) were all filed for ERC resolution on April 29, 2016. The distribution utility has yet to receive approval for the contracts with power plant developers Redondo Peninsula Energy, Inc.; Panay Energy Development Corp.; Atimonan One Energy, Inc.; and St. Raphael Power Generation Corp.

Asked to explain the significance of the agency’s order, ERC Spokesperson Floresinda B. Digal said: “If you are given the status of an intervenor you can present witnesses as well as cross examine the other party’s witness.”

“If you are treated as an oppositor, you may submit your position paper anytime during the proceedings for the Commission’s consideration,” she said in a text message.

In its order, the ERC said petitions for intervention must be filed within five days before the date of scheduled hearing. But it said these were filed belatedly by the petitioners.

Mr. Junia, for instance, filed seven months after the initial hearing, while Ms. Bait et. al. filed seven months after the initial hearing. Mr. Borja filed nine months after the hearing, the ERC said.

The regulator also said that a petition for intervention may still be considered by the commission provided a petition has a direct and substantial interest in the subject matter of the proceedings.

It said one of the petitions, for instance, raised an issue concerning the country’s commitment to the Paris Agreement and the fact that the PSA application involves coal energy.

But it said, as pointed out by St. Raphael Power, whether the approval of the application will violate the Paris accord on climate change is beyond the scope of the commission.

“The Commission finds no merit in the explanation advanced by the Petitioners for the belated filing of the Petitions for Intervention,” the ERC said.

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

How PSEi member stocks performed — September 19, 2017

Here’s a quick glance at how PSEi stocks fared on Tuesday, September 19, 2017.

Nation at a Glance (09/20/17)

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

Financial inclusion? Not apps. Let them text

Have you ever taken a jeepney at night, passed through the notorious crime‑ridden streets of the metro, and thought, “this is it, this is where I’m going to die?” How do you think Manong jeepney driver felt during that moment, or Aling streetsweeper in her barely fluorescent vest? As primary breadwinners of their respective families, they, too, must worry about what might happen to them in case of an emergency.

BIMA, a Swedish insurance tech player, knows the importance of bringing insurance and consumer education to emerging markets. Like most disruptive technologies, it is using the mobile phone.

But unlike the path that most tech companies have gone to—developing an app—BIMA went another way: it’s relying on text.

Taking into consideration how almost everyone in the Philippines has a cellphone with a dismal mobile internet speed, they created a system that works for the market it targets. In partnership with Smart Communications, Inc. and Pioneer Insurance, BIMA deducts ₱45 to ₱70 at most per month from cellular phone prepaid load to provide people with up to ₱210,000 insurance coverage.

“We want to adapt to the Philippine context,” BIMA country manager Lindsey Lim told SparkUp as other BIMA employees introduced their product at the Baranggay Center of Baranggay Wack‑wack. “We have low wifi connectivity, people want to buy things patingi‑tingi, and people are more highly familiar with texting than with using apps.”

As long as Manong Driver and Aleng Sweeper have Smart or Talk ‘N Text sim cards loaded with cellphone credit, they can avail of BIMA’s insurance for accidental death, fire, animal bites, vehicular accidents, food poisoning, murder, flood and earthquakes. If they applied for the ₱70 per month insurance process, BIMA will deduct ₱5 pesos per day for fourteen days. They will be able to claim a ₱210,000 peso insurance in case something happens to them next month, but they will also be able to claim ₱35,000 in case they need it the same month they applied. Should they not be able to pay the full ₱70, their insurance will be equivalent to the amount deducted. (So if BIMA was only able to deduct ₱35, the insured will be covered for ₱105,000. And if BIMA was only able to deduct ₱5, then the insured will be covered for ₱15,000.)

But it hasn’t always been this way. BIMA has been in the Philippines since 2014, and Ms. Lim in BIMA since 2016. In the interim, the partnership with Smart did not exist and they tried collecting the insurance fees personally. “Before we tried having people pay via cash. We had about 16,000 customers via cash. But its not efficient because we have to personally collect ₱70 every month. With technology, the process became scaleable.”

Recognizing that there are a lot of areas where you just can’t get wifi signal, the mobile app that BIMA uses does not need to be online while it collects the information of clients. “Our staff’s app operates offline to collect information, then they can sync online to submit all the information to our records,” Ms. Lim added.

BIMA’s process is also paperless, a simple text message or phone call to BIMA plus proof of their predicament is all the person enrolled in their program has to do to redeem their insurance. However, more education seems to be needed for this to happen, as the respondents in their Baranggay Wack‑Wack presentation did not seem comfortable with the paperless process. “Anong ipapakita ko na pruweba kung wala akong papeles,” one of them asked.

BIMA is going from town to town, and wherever people might need them—like in market places and jeepney stations—to reach out to the people who need them the most. While they are currently in their pre‑registration stage, Ms. Lim hopes that someday reach more people who need insurance the most.

“We aim to have one million people insured by 2020,” said Ms. Lim.