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Dashboard (09/06/17)

Ford to hold community projects in September

Ford to hold community projects in September

FORD Motor Company announced it is marking September as “Ford Global Caring Month,” during which time its employees around the world “will be venturing out into their communities to make people’s lives better.”

In the Philippines, the company said its employees and dealer personnel — or Ford Volunteer Corps — are set to take part in community service initiatives with Gawad Kalinga. The programs, expected to benefit over 1,400 individuals, include painting houses in Cavite, building communal water facilities in Nueva Ecija and Batangas, and delivering medical and dental services in Muntinlupa.

“We’re proud to again participate in the Ford Global Caring Month with projects in various communities that will provide tangible benefits. Our Ford and dealer employee volunteers are excited to again lend a helping hand,” said Josephine Gonzalez, AVP for government and corporate affairs at Ford Philippines.

Since 2005 the Ford Volunteer Corps has contributed more than one million hours of community service in 50 countries, representing more than $30 million of in-kind community investments, according to a Ford statement.


Mazda, MFI Foundation accept new scholars

PHILIPPINE Mazda distributor Bermaz Auto Philippines (BAP) and MFI Foundation, Inc., in August have accepted 20 new students into the MFI’s Industrial Technicians Program Scholarship, BAP said in a statement. It added the program for underprivileged youths is now on its third year of providing skills development through MFI’s existing TESDA-accredited Dual Training System Automotive Motorcycle Technology course.

“Mazda Philippines remains committed to enriching the lives of Filipino youth through meaningful learning that guarantees them a productive future,” said Steven Tan, president and CEO of BAP. “Our partnership with MFI is an ideal venue for us to hone new talent who will contribute to the sustainability of the automotive industry. It also allows us to give back to various communities and give deserving youth the opportunities that can help them and their families rise through hardship.”

The new batch of scholars will spend a year on academics at the MFI campus. Their second year will involve 1,440 hours of on-the-job training, which will be conducted at various Mazda dealerships. Through MFI’s existing TESDA-accredited Dual Training System Automotive Motorcycle Technology course, students learn the rudiments of automobile and motorcycle trouble shooting and repair.

More than 50 youths applied for the scholarship by undergoing a series of examinations and panel interviews, BAP said.

The company noted around 80 students have so far been supported by Mazda Philippines since the program began in 2014. Out of the first 20 graduates of the program, 11 have been hired by Mazda dealerships.

RCEP partners considering options to move forward on deal

THE 10 member states of the Association of Southeast Asian Nations (ASEAN) and the six countries with which the economic bloc has free trade agreements will consider “options” to move forward on the proposed Regional Comprehensive Economic Partnership (RCEP) even as its signing by the end of the year has become unlikely.

“That’s what we want to have,” Trade Secretary Ramon M. Lopez told reporters, referring to a compromise amid what he called a “stalemate” in the discussions to conclude a free trade agreement that will expand ASEAN’s consumer base to nearly half of the world’s population and an economic heft of about 30% of global gross domestic product.

Mr. Lopez said he would present the options when the economic ministers of ASEAN and their trading partners meet this week to arrive at a consensus in the RCEP talks.

“It’s still the same objective of arriving at better terms especially in the trade in goods,” he said on Tuesday on the sidelines of country’s hosting of the second ASEAN Young Entrepreneurs Carnival at the Philippine International Convention Center.

ASEAN members Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam started their talks in 2012 along with their free trade agreement partners Australia, China, India, Japan, South Korea and New Zealand.

He said member states need to come to an agreement and “accept the reality that some governments are restricted from coming up or agreeing to certain provisions” of RCEP, which will cover trade in goods and services, investment, economic and technical cooperation, among other issues.

ASEAN needs to decide if it will agree to a lower level of tariff liberalization of 90% and come up with a meaningful conclusion to the negotiations, he said, adding that nearly “all are gunning for a 90% to 92%” level.

As options to end the stalemate, he said the Philippines as host of this year’s ASEAN meetings will present an alternative that will cover the 15 ready countries and exclude one that cannot commit yet to the desired level of liberalization in the trading of goods. The ASEAN economic ministers’ meeting is set for Sept. 4-11.

He said the excluded country will be allowed to commit phases of improvement over a certain period, thus allowing its eventual inclusion in RCEP.

Mr. Lopez said he was also looking at “reciprocity” wherein a member state can trade with another based on what it is ready to commit.

“‘Pag ‘yan ang ‘binigay mo ito lang ang ibibigay din namin (If that’s what you will give, then this is also what we are willing to give),” he said.

“So ‘yan ang mga options na puwedeng mong i-consider kung gusto mo’ng lahat kasama pa rin (So those are the options that you could consider if you still want to include all),” he said.

He described the options as “fair treatment” for all member states, allowing them to conclude RCEP. He said there was no pressure to hasten the agreement in face of the collapse of the Trans-Pacific Partnership, a proposed trade deal that includes a number of Asian and North American countries but excludes China and India.

“RCEP, as we’ve been saying, is really the only game or the only active trade discussion in this part of the region,” Mr. Lopez said.

Asked whether the signing of RCEP is still possible within the year, he said: “Unlikely ‘yong signing kasi ‘yong sa signing pati ‘yong pag-draft ng paper kasama rin (The signing is unlikely because it will include the drafting of the agreement paper).”

He said narrowing the agreement to a 90% level of liberalization would be a “best effort” among the members states.

Wala ka’ng magagawa. Best effort talaga (You can’t do anything. We can only promise best efforts),” he said.

Mr. Lopez said ASEAN member states have always been firm in their stand against protectionism.

“That has always been the position in this discussion — in ASEAN, in RCEP — that in this part of the region, we are all for better regional integration. We’ve been raising our concerns on issues on protectionism,” he said. — Victor V. Saulon

No way corruption in government can be stopped

I endured several hours of streaming video of the hearings being conducted by the Senate Blue Ribbon Committee, chaired by Sen. Dick Gordon, on the reported P6.4-billion drug smuggling scandal.

Fallout from the inquiry has cast a wide net of suspicion involving the recently resigned Commissioner of Customs Nicanor Faeldon and other high officials of the Bureau of Customs, plus collateral damage to the reputation of Davao City Vice-Mayor and presidential son, Paolo Duterte, presidential son-in-law, Manases Carpio, and Panfi Lacson, son of Sen. Panfilo Lacson. It also caused a near-violent confrontation between Gordon and Sen. Antonio Trillanes IV, with the former vowing to have the latter expelled from the Senate.

As in past sensational Senate hearings, it is doubtful that anything substantive can be expected from this one, not even by way of remedial legislation or suspects actually being jailed (unless clearly identified as enemies of those in power).

The collateral damage to the reputation of persons caught in the fallout will soon be dismissed and then forgotten as part of occupational hazards. And I doubt that the credibility of the concerned branches of government can be made worse than it is now. Indeed, how can you make the reputation of the Customs Bureau blacker than black?

But the TV coverage of the Gordon hearings has made it starkly clear that there is no way that corruption at the Bureau of Customs can ever be stopped. In this regard, the same can be said about corruption in other government offices, as well as the legislative, the judicial, and the executive branches of government.

Gordon has been parodied in social media as engaging in a soliloquy rather than conducting a Senate inquiry — and I must confess to having added my own pin prick to the pin cushion that has been made of the good senator.

But, having, watched the video coverage, I have cast away any doubt that Gordon has been trying to make sense of an often meandering session, even while he does have the tendency to listen to himself talk.

I can also appreciate why Gordon and Sotto have resisted calling Paolo Duterte and Manases Carpio to the hearing. The only basis has been the allegation by witness and admitted facilitator (read that to mean corruptor), Customs broker Mark Taguba II — an allegation that Taguba has since taken back.

First of all, Duterte and Carpio will simply vehemently deny any involvement in the scandal and Trillanes will simply engage in his usual innuendoes, in the hope that some of the dirt that he flings at his targets will cling to them.

To paraphrase Macbeth, their appearance in the Senate inquiry will be “full of sound and fury, signifying nothing.”

Gordon could have pointed that out, instead of being on the defensive and asking rhetorically, “Do I owe Duterte anything?” That response actually begged the riposte, “Maybe not, but Duterte will owe you something.”

Trillanes is pretty much the incarnation of the boy who cried wolf, lying so many times, nobody believed him when he was actually telling the truth. In other words, he may actually have the makings of a case against Duterte and Carpio but there’s no way he can go beyond empty allegations. Of course, he could gain some brownie points among his admirers for being a “crusader,” but to others, he’s just an empty tin can, making a lot of noise.

But to pursue my point about the futility of stopping corruption in government, Faeldon, for all of his seeming nobility in taking full responsibility for the scandal and in tendering his resignation from the bureau, revealed the fundamental obstacle in any effort to clean up the Aegean stables that is the Philippine government.

When Lacson accused Faeldon of being on the take, the latter hit back at the senator by alleging that his son, Panfi (presumably, Panfilo Lacson, Jr.) was a smuggler.

Did Faeldon know about this before Lacson questioned his integrity? A news story reported that Faeldon admitted having noted “Panfilo Lacson, Jr.’s alleged involvement in corruption as early as July last year, when Lacson, Jr.’s company — Bonjourno Trading — brought in shipments of cement amounting to P106 million and undervalued them by 50%.”

Faeldon was then quoted as follows, “I gave the senator the benefit of the doubt na matino siya (that he is clean). Yesterday, he seems to know everything at the Bureau of Customs. Does he know this? O ikaw mismo pasimuno niyan (or are you the one behind this)?”

Lacson rightly replied: “Faeldon should have filed charges against my son.”

Yes, indeed. Why didn’t Faeldon, who has nurtured a reputation for being a crusader, not go after the young Lacson, if he had evidence — or even reasonably credible suspicions — that the senator’s son was breaking the law?

The answer should be obvious to anyone who understands how our government works — in fact, how Philippine society works. It’s called Quid Pro Quo. You don’t expose me. I won’t expose you. Meanwhile, to quote Faeldon, let’s give each other the “benefit of the doubt.”

It’s also called, the privilege of the Sacred Cows. These bovines are considered above the law. In the words of the late Senate President Jose Avelino, “What are we in power for?”

And, finally, it’s called Loyalty.

In Philippine society, as epitomized by Congress and the Senate, as well as Malacañang, one is expected to be loyal to friends, relatives, partymates, and benefactors — whether they are right or wrong.

In sum, Faeldon would not have “exposed” Lacson, Jr. if Lacson, Sr. had not exposed him first.

How many instances of graft and corruption are known to our public officials, which they are unwilling to reveal because of quid pro quo, the privilege of the sacred cows and the flawed concept of loyalty?

I have often pointed out that these “confidential pieces of information” are openly whispered about at coffee shops, among businessmen, politicians, and members of media — but they are considered off-the-record and are never revealed publicly.

The other more fundamental reason why corruption can never be stopped in our government is because those who are entrusted with the mission of plugging the holes in the Ship of State are not motivated to do so.

The fact that only a small percentage of the thousands of shipments passing through Customs is actually checked, ostensibly due to logistical limitations, is in effect a free pass for under-declaration and smuggling.

The number of signatures required in government offices to secure clearance for a business permit and other otherwise routinary documents is also a go-signal for kickbacks. And the fact that high officials like House Speaker Pantaleon Alvarez and President Rodrigo Duterte unabashedly flaunt their immorality serves as the standard by which Philippine society conducts its affairs.

The only thing we can reasonably hope for is that, in the words of a fellow named Neri, the crooks would “moderate their greed.”

Greg B. Macabenta is an advertising and communications man shuttling between San Francisco and Manila and providing unique insights on issues from both perspectives.

gregmacabenta@hotmail.com

Juana Change tackles EJKs in monologues

FROM SEVERAL immersion trips and interviews of families and people involved come four monologues that address the issue of EJK (extrajudicial killings), which will be given life by Mae Paner, aka Juana Change. Juana Change’s TAO PO (Monologues on Extrajudicial Killings) will be presented on Sept. 8 and 16, at 8 p.m., and on Sept. 9 and 17, 3 p.m., at the Tanghalang Huseng Batute at the Cultural Center of the Philippines (CCP).

These monologues headline the CCP’s celebration of Human Rights Month in September.

Writer Maynard Manansala has come up with the stories about a zumba instructor haunted by her husband and son, both victims of summary killings; a photographer whose sanity is questioned by the newspaper that employs him; the apparent double life of a policeman, sworn to uphold the law, and a hitman, paid to violate it; and a young girl paying tribute to EJK victims haphazardly buried in the notorious Tokhang Wall. Ed Lacson, Jr. directs the monologues.

Mae Paner, more popularly known as the satirical character Juana Change, is a Filipina TV ad director, a political activist, producer, author, and an actress. Paner’s portrayal of Juana Change on YouTube was the gateway to her popularity. She represents different characters based on the current scene in the Philippines. Her videos revolve around the topic of politics and the country’s government. She has starred in her own advocacy film, Juana C the Movie.

Caribbean girds for hurricane Irma threat, readies shelters, supply

MIAMI — Irma, a still strengthening and dangerous Category Four hurricane, churned toward the Leeward Islands early Tuesday, sparking alarm and alerts from the Caribbean to Florida, which declared an emergency.

The National Hurricane Center (NHC) said at 0300 GMT that the storm was packing top sustained winds of 140 mph (220 km/h). “Additional strengthening is forecast during the next 48 hours,” the NHC warned.

The threat comes as Texas and Louisiana are still cleaning up from disastrous flooding caused by mighty hurricane Harvey last weekend.

Irma’s center was about 410 miles (660 kilometers) east of the Leeward Islands, grinding westward at 13 miles per hour (20 kilometers per hour) the NHC said.

“On the forecast track, the center of Irma will move near or over portions of the northern Leeward Islands Tuesday night and early Wednesday.”

“Preparations to protect life and property should be rushed to completion,” it stressed.

A Category Four storm on the Saffir Simpson scale is capable of doing widespread major structural and infrastructure damage; it can easily tear off roofing, shatter windows, uproot palm trees and turn them into projectiles that can kill people.

Category four strength was the maximum attained by Harvey, which dumped as many as 50 inches of rain in some parts of Houston, turning neighborhoods into lakes.

Irma is projected to reach the Leeward Islands of the Lesser Antilles chain by late Tuesday or early Wednesday, bringing water levels up to nine feet (three meters) above normal levels, rainfall of up to 10 inches (25 centimeters) in areas, and “large and destructive waves.”

In Puerto Rico, a US territory of 3.5 million, Governor Ricardo Rossello activated the National Guard and announced the opening of storm shelters able to house up to 62,000 people. Schools will be closed Tuesday.

A US aircraft carrier with a field hospital and dozens of aircraft able to conduct rescue or supply missions has been positioned protectively in the area, according to Alejandro de la Campa of the Caribbean division of the US Federal Emergency Management Agency. Local press identified the carrier as the USS Kearsarge.

San Juan Mayor Carmen Yulin Cruz Soto ordered 900 municipal employees — police, emergency personnel, and aid and social workers — to report for rotating 12-hour shifts.

Even if that island is spared a direct hit, the mayor said, three days of pounding rain will do heavy damage.

Irma’s precise path remains unclear. But several projections have it passing over the Dominican Republic, Haiti and Cuba before turning north toward Florida and then possibly swinging up the US East Coast.

Scrambling amid the uncertainty, Florida declared a state of emergency to facilitate preparations.

For now, hurricane warnings have been issued for the islands of Antigua, Barbuda, Anguilla, Montserrat, St. Kitts and Nevis, St. Martin, Sint Maarten, St. Barthelemy, Saba and St. Eustatius; the British Virgin Islands; US Virgin Islands; Puerto Rico, Vieques and Culebra. A warning means hurricane conditions are expected in the next 36 hours.

Anne Laubies, prefect of Saint Barthelemy warned the hurricane posed the greatest danger the island had faced in 20 years with more people endangered in flood-prone areas because of a rise in population.

Long queues of people rushed to get batteries and bottled water, while many cut trees around their dwellings and sought to tie down objects and caulk their windows.

A hurricane watch — meaning hurricane conditions are possible within 48 hours — has been issued for Guadeloupe.

Irma is expected to produce total rainfall accumulations of three to six inches (7.6-15 cm) across the Leeward Islands, with isolated maximum amounts of 10 inches (25 cm) across the northern Leeward Islands. — AFP

US extends P730-M assistance for Marawi

THE US government, through the United States Agency for International Development (USAID), has committed about P730 million ($14.3 million) in emergency relief and recovery assistance for communities affected by the ongoing conflict in Marawi City and its surrounding areas, US Ambassador to the Philippines Sung Kim announced yesterday. “We all look forward to the end of the crisis, and the end of the fighting and suffering. We have been and will continue to support the Philippine government’s efforts to deal with the crisis,” he said. The US government will coordinate with the Philippine government and humanitarian organizations on the ground to deliver critical relief supplies in evacuation centers and other alternative housing. USAID will also provide 18 facilities with critical supplies and services to address tuberculosis and maternal, newborn and child health needs. In addition, USAID will help bolster the early recovery of Marawi by helping restore basic public services such as health care, water, and electricity. — BW Mindanao Bureau

ABS-CBN, GMA both claim ratings lead for August

ABS-CBN Corp. and GMA Network, Inc. both claimed the lead in nationwide TV ratings in August, citing data from different research firms.

In a statement on Tuesday, ABS-CBN said it recorded an average audience share of 46% versus GMA’s 33% in August, citing data from Kantar Media.

Audience measurement provider Kantar Media uses a nationwide panel size of 2,610 urban and rural homes, which it says represents 100% of the total Philippine TV viewing population.

ABS-CBN said it retained the nationwide lead for the prime time block (6 p.m.-12 midnight) as it recorded an average audience share of 50% versus GMA’s 31%.

The Lopez-led network said FPJ’s Ang Probinsyano continued to be the most watched program in the country with a national TV rating of 38.6%.

ABS-CBN said it registered an average audience share of 40% versus GMA’s 30% for the morning block (6 a.m.-12 noon); and 43% versus GMA’s 38% for the  afternoon block (3 p.m.-6 p.m.).

For the noontime block, ABS-CBN’s audience share went up slightly to 46% from the previous month’s 44%. GMA’s audience share for the noontime block fell to 35% from 39%.

ABS-CBN said it maintained its total day lead in  Total Luzon with 42% versus GMA’s 35%; in Total Visayas with 55% versus GMA’s 26%; and in Total Mindanao with 54% versus GMA’s 29%.

Meanwhile, GMA said it beat rival networks across all day parts in the National Urban Television Audience Measurement (NUTAM) as it recorded an average total day people audience share of 42% in August, citing data from Nielsen TV Audience Measurement. To compare, ABS-CBN recorded 37.4% audience share.

GMA said it reported a total day people audience share of 48.7% for urban Luzon, besting ABS-CBN’s 31.4%.

For Mega Manila, GMA cited Aug. 1-26 data showing “an impressive 51.9% people audience share across all time blocks versus ABS-CBN’s 27.1%.”

It noted that urban Luzon and Mega Manila account for 76% and 59% of urban viewers in the country, respectively. — PPCM

Escape artist

On paper, it looked to be an easy fourth-round match for Juan Martin del Potro. Even as he was slated to go up against World Number Eight Dominic Thiem, he brought with him no small measure of momentum borne of straight-sets romps in his earlier stints at Flushing Meadows. More importantly, he possessed the game required to beat his opponent, who, while seeded 18 spots ahead of him in the United States Open draw, had hitherto been on the losing end of both their previous matches, including their abbreviated encounter this time last year. Which, in a nutshell, was why oddsmakers made him a heavy favorite.

There was just one problem, however. As much as Del Potro looked forward to preserving his body for the battles ahead, he found himself needing every ounce of his energy to upend Thiem. He stumbled out of the gates, claiming a grand total of three games in the first two sets. And then, after a rousing third, he fell behind anew in the fourth; he had to claw back from a two-five deficit and, at five-six, stare down two match points.

In any case, Del Potro showed his best in the throes of defeat. He stayed alive in the contest via booming 127 and 121 miles-per-hour aces and thereafter dominated the tie-break to force a final set. And, all things considered, it was, perhaps, only fitting for the outcome to be decided on a bizarre double fault by Thiem, who had hitherto held serve in the fifth. Given that he made like Lazarus in crucial points, he could be forgiven for celebrating as if he had claimed the championship in the aftermath.

For Del Potro, the bad news is that he will be facing resurgent Roger Federer next. Then again, anything that happens from here on is effectively a bonus. And besides, if there’s any place he can rise up against the 19-time major titleholder, it’s at Flushing Meadows, where he enjoys immense support, and where he won his lone Grand Slam trophy in 2009. “Thanks so much for all the support you gave,” he told the jampacked Grandstand crowd after he defeated Thiem. No doubt, he’ll be addressing fans the same way regardless of how he fares tomorrow.

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.

PSEi ends above 8,000 despite lackluster trade

THE Philippine Stock Exchange index (PSEi) managed to finish above 8,000 even after trading for most of Tuesday afternoon below the critical mark largely because of regional security worries, analysts said.

The bellwether index closed higher by 14.15 points or 0.17% to 8,049.35 on Tuesday.

The all-shares index also finished higher by 4.94 points or 0.10% to 4,766.93.

“Philippine markets managed to lightly finish in the green despite trading most of the afternoon in the red as it kept afloat the psychological 8,000 support mark,” said Luis A. Limlingan, business development head at Regina Capital Development Corp.

“This, despite still lackluster developments, with US stocks futures falling on Monday still due to the recent nuclear test of North Korea,” he added.

“Markets around the world are somewhat cautious due to North Korea but our own market is actually quite resilient even ending the day up,” said Miko S. Sayo, trader at Angping & Associates Securities, Inc.

North Korea claimed to have successfully tested a nuclear bomb, causing jitters in financial and stock markets across the region. Philippine stocks were among those that managed to close higher on Monday despite the alarming news.

Regina Capital’s Mr. Limlingan added that the local consumer price index came out slightly above expectation. He said Regina Capital expected inflation to have climbed to 3.1% year on year in August from 2.8% in July. This compares with the consensus of 3%.

“Sequential momentum has been around 0.3% (month on month) with the increase in local gasoline prices during the month and some reversal in the recent softness in food prices,” he said.

Among sectoral indices, mining and oil shares recorded the biggest increase at 91.16 points or 0.67% to 13,586.59. Industrials followed with a rise of 62.41 points or 0.56% to 11,174.14. Services went up 0.34% or 5.94 points to 1,735.56; property climbed 0.2% or 7.55 points to 3,781.27; and holding firms gained 0.13% or 10.57 points to 7,941.69. On the other hand, financials dropped 6.42 points or 0.32% to 1,982.61.

Value turnover was at P5.84 billion, down from P6.45 billion on Monday, with 2.21 billion shares changing hands.

Declining stocks outnumbered advancers at 103 to 87, while 55 issues finished unchanged.

Foreign funds sold more shares than they bought, resulting in a net selling of P123.61 million worth of stocks and reversing the other day’s net buying of P257.99 million.

In contrast, most Southeast Asian stock markets fell on Tuesday as simmering tensions on the Korean Peninsula continued to hurt sentiment,

South Korea said on Tuesday an agreement with the US to scrap a weight limit on its warheads would help it respond to North Korea’s nuclear and missile threat after Pyongyang’s nuclear test last Monday. — Victor V. Saulon with Reuters.

What Singapore’s involvement could mean for Filipino motorists

In its final report for “The Road Map for Transport Infrastructure Development for Metro Manila and Its Surrounding Areas,” dated March 2014, the National Economic Development Authority officially confirmed what we had known all along: that we were fast running out of usable roads for motor vehicles.

According to said report, there was a national road inventory of 1,032 kilometers in the National Capital Region (NCR) at the time. Serving what was then a total of 2.1 million registered cars in Metro Manila, these national roads could technically only provide a measly kilometer of asphalt for every 2,000 cars. Sure, there was an additional 3,723 kilometers of local roads throughout NCR, but most vehicles were plying main thoroughfares to bring their humans to and from work.

These numbers were from almost four years ago. Just to help you grasp the outdatedness of these figures, consider that in 2013 — the year immediately preceding the above report — the Philippine automotive industry sold more than 210,000 brand-new cars. Last year, in 2016, Filipinos purchased more than 400,000 new vehicles — almost double the tally just three years prior.

Here’s the truly alarming part: If you check the records of the Land Transportation Office, you will find that there were 260,706 new vehicle registrations in 2013, and 471,341 new vehicle registrations in 2016. This means that apart from the brand-new units being sold by formal car dealers, parallel imports and imported used vehicles continue to flood the gray market.

Now, with about 25% of these units ending up in NCR and without older cars being deregistered or phased out, the only way Metro Manila could avoid screeching to a grinding halt is if its road network would expand at the same rate. Unfortunately, save for some new flyovers constructed around airport terminals and a few recently annexed arteries, there’s not much new pavement to match skyrocketing car sales.

Take note that we haven’t even factored in motorcycles, which last year alone sold more than 1.4 million new units in the country. Pause and let that sink in for a second.

Also, there’s the matter of “ride-sharing” companies like Grab and Uber deploying thousands upon thousands of new cars on the road (and often refusing to submit themselves to government regulation). Their gullible (or paid) apologists think these firms are the answer to traffic hell, not realizing these app-based services are equally to blame for the Carmageddon we now endure on a daily basis.

What to do now? Surely, we can’t just force people to stop selling and buying new cars (we who like acquiring automobiles even if we can’t really afford the monthly payments). And surely, we can’t trust our clueless government officials to come up with a meaningful solution (they who can’t even police their own traffic marshals).

Enter Singapore, our Southeast Asian neighbor whose vehicular traffic situation 30 years ago was almost an exact mirror image of what Metro Manila is going through right now. The city state’s National Library Board explains that “as Singapore developed with increasing affluence, car ownership grew. By the 1980s, there was a need to manage the rapid growth in the number of vehicles in relation to road capacity.” Sound familiar? That Singapore and Metro Manila also have comparable territorial dimensions (about 700 square kilometers for Singapore and about 615 square kilometers for Metro Manila) makes the correlation even more compelling.

Indeed, last week, our Department of Transportation signed a memorandum of agreement with the Singapore Cooperation Enterprise (SCE) for the development of an “intelligent transport system.” The SCE, its official profile states, “was set up by the Ministry of Trade and Industry and the Ministry of Foreign Affairs of Singapore in 2006 to respond effectively to the multitude of foreign requests interested in Singapore’s development experience.”

In other words, our transport authorities have hit the panic button and approached Singapore for the answer to this question: What the hell do you do when the influx of new cars far outstrips the availability of open roads?

Singapore, in essence, will be our consultant in attacking our traffic problem, and it will naturally draw from its wealth of experience in tackling a similar quandary. So it pays to know what the Lion City has done so far to ensure automotive use is kept in check, because its motoring practices and laws could soon be implemented here.

The general idea is to discourage the unnecessary use of cars. To this end, Singapore introduced two main measures within its domain: vehicle quota system and road usage charge.

In Singapore, annual car sales are capped by a number commensurate with the sum of vehicles being retired (10 years and older). And in order for people to buy a car, they need to first secure a Certificate of Entitlement, which could sometimes cost more than the car itself. Yes, Singaporeans pay just for the right to purchase a vehicle. By contrast, car ownership in the Philippines is made too easy, the usual come-on being a low down payment or affordable monthly amortization. As a result, even those without a long-term capability to maintain a car are lured into getting one, only to have it repossessed by the bank after their household budget gives way to reality.

Also in Singapore, an Electronic Road Pricing system is in place, charging every motorist who dares contribute to traffic congestion. You want the convenience of driving your car, you pay for it. The more peak the time of day is, the higher the fee. All vehicles are equipped with a mandatory device that makes remote and non-contact payment possible. In the Philippines, car owners use precious road space indiscriminately, because why not? It’s free, and the alternative (public transportation) sucks.

It remains to be seen what specific measures Singapore will ultimately recommend to our transportation officials, but know that the end goal is to curb car use whether we like it or not. The Singaporeans will likely put emphasis on the strict enforcement of traffic rules, a particular weakness in our motoring culture.

“New laws aren’t the issue — enforcement is,” says Filipino expatriate Vicente S. Socco, who has lived in Singapore for nearly 13 years. “And Singapore does an excellent job of that. Traffic enforcement is a well-oiled machine in Singapore. If you look around, you wouldn’t think so because you hardly see any police. They use technology as a reliable and irrefutable partner. Take the bus lane, for instance. Any private car that uses the lane is surely fined. How? Buses are equipped with rear-mounted cameras to capture violators. Simple enough.”

Mr. Socco recognizes that reform is easier said than done in a country that lags behind in terms of technological development. “Obviously, digital infrastructure is still nascent in the Philippines, and the tampering of technology and public devices is rampant,” he concedes. “The point is that it can be done. We need to stop making excuses about why we cannot make it happen, and start making sure that the steps we take are not flushed down the drain by a sheer lack of enforcement.”

Metro Manila has become a hopeless mess of harrowing gridlock, and it will implode if we keep taking road clogging for granted. A study conducted by the Japan International Cooperation Agency has already pegged traffic-related economic losses at P2.4 billion a day. Singapore has offered to help. It might work. But only if we make sacrifices the same way Singaporeans did when their government asked them to.

You may e-mail the author at vbsarne@visor.ph.

Lead. Inspire. Transform.

When it was founded in 1968 by the Ateneo and de la Salle with technical support from Harvard University and funding assistance from the Ford Foundation, its founders, notably the venerable Washington Sycip and the late Ramon del Rosario, Sr. envisioned the Asian Institute of Management (AIM) as the first full time graduate school of business in Asia. Ayala Corp. donated land; and the building and its renovations were funded by the Eugenio Lopez Foundation.

For decades, it was indeed the first such graduate school of business and enjoyed leadership and prestige for its Harvard-style practitioner-oriented, case method approach to management education. AIM attracted students from about 70 countries throughout Asia and as far as Europe, the United States and even Africa. Its graduates have contributed to professionalized business, civil society, and government endeavors.

As it approaches its 50th year, under the leadership of Korean-born Dr. Jik Yeong Kang, AIM embarks on several new initiatives as it rebrands itself into a nexus for business, government and society, in response to rapidly changing Asia and the increasingly innovative global knowledge economy.

The young Jik Yeong Kang, PhD, is the first female president/CEO of AIM, and is concurrently Dean of the Institute. Prior to assuming her post as the AIM dean, she was the Doctor of Business Administration (DBA) Program Director of the Manchester Business School (MBS) in the UK from 2010 to 2014. MBS’ Doctoral Programs secured the number one spot in the Financial Times rankings from 2011 to 2013. She also served as MBS’ Director of MBA Programs from 2001 to 2007, where she was instrumental in propelling the MBA program’s Financial Times ranking from 47th in the world in 2002 to 22nd in 2007, the highest ranking it has ever achieved.” Dr. Kang has taught around the world as a visiting professor in Spain, Paris, Montreal, and Shanghai.

To manifest its new directions, AIM has come up with a new logo, representing fluidity, with its commitment to “lead, inspire, transform.” It focuses on producing graduates who will be socially responsible, and committed to sustainable and inclusive progress, armed with new skill sets to lead organizations in the rapidly changing Asian and global economy and society.

This year, while maintaining its full time MBA program as its flagship degree course, AIM has embarked on new initiatives in response to rapid changes in a more competitive Asian and global economy and society. Following a review of the 27-year-old Master’s degree in Development Management (MDM), under the Stephen Zuellig School of Development Management, the program has introduced refinements based on the latest insights from development research and the development community, specifically aimed to meet current market demands for development managers. Its latest improvements are two specialization tracks called “majors” for the 2018 year: sustainable development management and public policy.

Furthermore, answering to feedback from its alumni, the Zuellig school will also pilot a four-week immersion. This year AIM launched the Master of Science in Innovation and Business (MIB) designed for STEAM graduates (Science, technology, agriculture, architecture, medicine and mathematics). Students immerse themselves in technological and creative advances in their fields of specialization and are honed as managers and leaders to compete globally in their chosen fields.

Resource persons include Dr. Sam Bernal, world-renowned expert in stem cell technology. A recent initiative is a partnership with Stanford graduate Dado Banatao, the Fil-American IT innovator who was one of the highly successful pioneers in Silicon Valley. The AIM-Dado Banatao Incubator is in partnership with PhilDev, with funding assistance from the Philippine government’s Department of Science and Technology.

This incubator aims to become a hub for founders, angel investors and venture capitalists from the Asian Region who can take advantage of the best opportunities and deals on offer.

In response to a highly competitive, knowledge-oriented global economy, where more and more complex data is generated for executive decision making, AIM is also preparing to launch a Master’s degree in Data Science by next year. In response to climate change and other widespread disasters, a degree program on Disaster Risk Management is also in the works. Later this year, AIM also plans to hold the Asian Forum on Enterprise for Society.

Expansion and renovation of physical facilities is also planned in the near future to accommodate the needs for the new initiatives.

Dr. Kang expresses her appreciation for the wholehearted support she is getting from AIM’s Board of Trustees and its international Board of Governors. She has also expressed confidence in her faculty which she says is “excellent.”

In a desire to help generate new knowledge on management issues for business, government and society, AIM has also become more research-oriented while maintaining its tradition of being practitioner-oriented and grounded in current reality.

Meanwhile, AIM is taking its Asian-ness more seriously, and in addition to its chapel, has allocated space for a prayer room for Muslim students, as well as for yoga and t’ai chi classes.

A marketing group has been set up within the Institute, to respond to the highly competitive situation among graduate schools of business in Asia where once it was considered the “prized jewel,” having been founded with assistance from Harvard. AIM’s first president, Stephen Fuller, was in fact, a Harvard professor. He was followed by Sixto K. Roxas, the late Gabino Mendoza, the late Felipe Alfonso, AIM Alumnus Francis Estrada, former Cabinet members Roberto de Ocampo and Edilberto de Jesus, and Stephen Krey, the second non-Filipino to head the AIM.

Indeed, AIM is buzzing with activity in anticipation of the changes that are coming, as it turns 50 in year 2018.

Dr. Kang says she draws inspiration from Richard Branson who wrote that “Every success story is a tale of constant adaption, revision, and change.” She adds, “we need to embrace change as well as engender it.”

The venerable Washington Sycip, AIM Chairman emeritus, for whom the flagship MBA program is named says, “I fully support and congratulate AIM on its rebranding initiative as it signifies the institution’s efforts to bring itself closer to business and society, where profit meets purpose — and business growth sustains social good.”

Oscar Lopez, member, Board of Governors says “(AIM) remains true to its heritage and the values of its founding families: to provide an excellent education for Asia’s next generation to be responsible change makers in business and society.”

Napoleon “Polly” Nazareno, former CEO of PLDT and Smart Communications, AIM alumnus and Chairman, AIM Board of Governors and Board of Trustees says “Our rebranding exemplifies the transformative education that seeks to benefit Asia’s future leaders and managers.”

Jaime Augusto Zobel de Ayala, member, Board of Governors, says “AIM has always had a history of ‘firsts’ and this rebranding project is testament to its pioneering spirit and its efforts to grow meaningfully in different and disruptive ways, so that it remains at the forefront of transformational and inspirational leadership.”

Teresa S. Abesamis is a former professor at the Asian Institute of Management and an independent development management consultant.

tsabesamis0114@yahoo.com

Spotlight on Draghi as ECB holds key meeting

FRANKFURT — The spotlight shines on Mario Draghi once again.

The European Central Bank (ECB) president has to reconcile an economic dichotomy of robust growth with weak inflation, a dilemma exacerbated by a seemingly unstoppable rise in the euro.

The time for thinking is running out, however. The ECB’s massive stimulus scheme is due to expire by yearend so Draghi will have to start charting a new course when policy makers meet on Sept. 7.

The problem is that the ECB is undershooting its near 2% inflation target for the fifth year running and will continue to miss into the next decade, failing on its primary mandate and potentially jeopardizing its own credibility despite unprecedented stimulus.

Economic growth, now into its 17th straight quarter, is even complicating the problem. The euro naturally firms as the economy roars ahead but that makes imports cheaper and holds back inflation even more.

Indeed, the currency is up by 13% this year against the dollar, a reflection of the euro zone’s strength, policy uncertainty in the United States and expectations that one way or another, the ECB will have to tighten policy.

That leaves Draghi with a tricky job. He must acknowledge that work is underway on the future of stimulus but he needs to keep details to the minimum to buy a bit more time and temper edgy markets.

With few specific decision coming out of the meeting, it will be a communication tightrope with each word carrying extra weight.

“We think the key reason for staying put on 7 September is the sharp — more than 5% — rise in the euro since late June, a move that the ECB will not want to turbo-charge through additional hawkish rhetoric,” UBS economist Reinhard Cluse said.

Indeed, markets see no policy change from the ECB in September and expect a decision only in October with asset buys cut by a third from next year, a Reuters poll of analysts showed.

STILL EFFECTIVE?
The big headache is that inflation is not behaving like it used to. Even as labor markets tighten, wage growth is not accelerating and prices fail to rise, indicating that models used by central banks may be outdated.

The shift could signal a change in the nature of inflation with supply, demand and labor becoming more global, implying that central banks’ ability to control their own inflation has been reduced.

For Draghi, Europe’s rapid ageing, hidden job market slack and more flexible labor markets may also be a drag.

Conservative policymakers argue that the ECB has done all that it could and should now step back, keeping policy easy but not running on all cylinders since that should be reserved for emergencies.

Doves fret that stepping back now could risk undoing years of work, damaging the ECB’s hard-earned credibility.

Draghi will need to find middle ground for now.

Announcing new staff forecasts, he will likely upgrade the ECB’s growth outlook and reduce inflation projections but only slightly.

He is also expected to announce that the ECB’s technical committees have been tasked with mapping policy options, a signal that a decision is imminent.

Having already expressed concern about the rise of the euro in July, policymakers may also repeat their warning about the currency moving too quick.

But no other change is expected with Draghi also seen maintaining the ECB’s guidance for even more asset buys if necessary.

“We expect the guidance will be maintained again because the ECB will want to avoid sending any message that could be prone to over-interpretation,” Nomura said. “Very little has changed in the underlying euro area fundamental picture.”

So Draghi will merely set up the market for a decision in October, also leaving the door open for a move in December.

Some argue that the real elephant in the room is Italy. Its gross domestic product has yet to recover to pre-crisis levels, unemployment is high and its bank sector is weak. This has given a real platform for euro skeptics, a danger as the country heads towards an election next year.

Any big poll gains by anti-euro parties could increase market volatility and some argue that the ECB wants to hang onto its potent tools to soothe sentiment.

“It’s also our long-held belief that it is in the ECB’s interest to maintain a significant quantum of purchases throughout the Italian elections period, which potentially take place as late as May 2018,” Bank of America Merrill Lynch said. — Reuters