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Kissflow helps companies digitalize without code

RADOWAN NAKIF REHAN-UNSPLASH

PHILIPPINE businesses should adopt low-code or no-code platforms to quickly develop apps as they digitize their systems, according to software-as-a-service Indian company Kissflow.

“The bigger challenge is that every business needs to digitize fast because you never have the luxury of decades to build the systems,” Dinesh Varadharajan, chief product officer at Kissflow, Inc., said in a video interview on Feb. 10.

“There is a need to build these systems very quickly with a limited skill set that is available in the market,” he added.

Using a no-code platform, users can customize apps without coding knowledge, while a low-code platform would need a bit of coding skills to create apps.

When using a no-code platform, tech professionals can just “drag-and-drop” to build their app, without writing code.

Kissflow specializes both in low-code and no-code platforms, using artificial intelligence (AI)-suggested fields based on the user’s ideal workflow.

It serves more than 50 companies in the Philippines and 362 globally from the banking, technology and insurance sectors.

“Traditionally, we look at building an application using a coding paradigm, and it takes six months,” Mr. Varadharajan said. “If you use Kissflow, you’ll be able to do it in matter of days or weeks.”

Despite this, low-code and no-code platforms still need human insight to ensure the accuracy and security of its apps, he added.

The Philippines’ rapid digital transformation makes it a key market for Kissflow, according to Mr. Varadharajan.

He noted that Western economies find it difficult to use extremely modern technology because they have invested a lot of money in legacy systems.

“But if you look at the Philippines, they don’t have to go through the same journey,” he said. “They can directly come to an extremely modern digital environment because they don’t have legacy systems.”

The Philippine digital economy’s potential and the push for increased internet penetration bodes well for Kissflow’s market expansion, Mr. Varadharajan said.

The country’s digital economy is expected to grow to as much as $150 billion in gross merchandise value by 2030 from $31 billion in 2024, according to a 2024 report by Google, Temasek Holdings and Bain & Co. — Beatriz Marie D. Cruz

From point A to point B: The DoTr is in capable hands

PHILIPPINE STAR/MIGUEL DE GUZMAN

Two days from today, former Bases Conversion and Development Authority President and Chief Executive Officer and former Presidential Adviser for Flagship Programs and Projects Vince Dizon will be at the helm of the Department of Transportation (DoTr).

This piece of news brings great confidence and optimism to us at the Stratbase Group. Mr. Dizon was with us when we founded our organization more than 20 years ago. Then as now, he was a strong advocate of infrastructure development, with a bias for efficient project execution and strategic public-private partnerships (PPP).

In the subsequent phases of his career, Mr. Dizon has demonstrated his deep and nuanced understanding of infrastructure policy. I have no doubt that he will drive transformative transportation initiatives that would enhance connectivity and consequently stimulate economic growth.

It’s not just us at Stratbase who are saying this. No less that Senator Grace Poe has been quoted as saying that she believes Mr. Dizon would fast-track reforms and projects that are urgently needed at the DoTr. His performance in his previous assignments has been stellar.

I wish Vince the best of luck in this new challenge.

THE ROLE OF PPP
Transportation has been a sore point in the Philippines’ growth story. Much has been said about the economic potential as well as the quality of life being compromised because of transportation woes. Here in Metro Manila, for instance, we are acutely aware of the debilitating effects of heavy traffic and the state of the public transportation system. Elsewhere in the archipelago, the movement of goods and people has been hampered by inadequate transport infrastructure.

This is not to say that these difficulties are being neglected. In response, the government has allocated P1.507 trillion for infrastructure projects this year, equivalent to 5.2% of our Gross Domestic Product. The amount is just slightly lower than the P1.51 trillion last year.

To close the gap, the government has been increasingly relying on PPP ventures.

In fact, over the past few years, our national leaders have been trying to realize the immense potential that investments and partnership brought by the private sector could contribute in this aspect. They have been taking concrete steps to bring this closer to reality.

Over the years, the private sector has been a steady and reliable partner as the country inches toward its objectives of driving the economy through building better, and more. As of this month, the PPP project pipeline has expanded to 176 projects worth P2.47 trillion.

These projects in the pipeline span several key sectors — transport, housing, water supply, and digital infrastructure.

Among these, however, transport projects hold a special significance.

The administration has signed contracts for five major transport initiatives. These include the concession agreement for the Bohol-Panglao International Airport with Aboitiz InfraCapital, Inc., which involves airport upgrades, expansion, and operations for 30 years; Transaction Advisory Services Agreements between the DoTr and the International Finance Corp. for the New Dumaguete and Siargao Airports, and the New Cebu International Container Port; and the Cebu Bus Rapid Transit project.

Additionally, the Civil Works Contract Package for the New Cebu International Container Port has been awarded to HJ Shipbuilding and Construction Co., Ltd.

Finance Secretary Ralph Recto described these projects as a “monumental gift” to Filipinos. The projects will no doubt increase the mobility of both people and goods, reduce travel time, and support economic activities within and across the regions.

INTERNATIONAL ASSISTANCE
On top of all these, the Asian Development Bank (ADB) is supporting the Philippines in bolstering its PPP capacity.

The ADB recently approved a $30-million loan that will replenish the Project Development and Monitoring Facility, enabling the government’s PPP Center to support up to 35 national and local projects from 2025 to 2029. These projects will focus on transport infrastructure, including railways and road networks, while ensuring climate resilience.

ADB is also funding capacity-building initiatives for implementing agencies and local government units, alongside the development of evaluation frameworks to enhance fiscal sustainability and project execution.

ADB Country Director for the Philippines, Pavit Ramachandran, also reaffirmed ADB’s commitment to supporting the country’s transportation infrastructure, emphasizing its role in the Build Better More agenda.

He highlighted the North-South Commuter Railway as a key priority, with ADB approving an additional tranche of funding exceeding $1 billion for the Malolos-Clark segment. He also noted that ADB is finalizing further transport-related loans for 2025, ensuring the completion of ongoing projects and the acceleration of infrastructure initiatives.

These new developments spell promising times for the Philippine transport sector. From a new secretary who champions PPP and who comes with a solid experience in infrastructure development and management, to a pipeline of PPPs in the administration’s agenda, to support from a multilateral institution that believes in the Philippine potential, we do not doubt that the Philippines will be able to move forward from where we currently are to where we intend to be.

 

Victor Andres “Dindo” C. Manhit is the president of the Stratbase ADR Institute.

Ayala Land says Santa Rosa Civic Complex to rise on Nuvali Estate

REAL ESTATE DEVELOPER Ayala Land, Inc. (ALI) has partnered with the city government of Santa Rosa in Laguna province for the establishment of a two-hectare complex in the Nuvali Estate.

The planned Santa Rosa Civic Complex within Nuvali will feature a convention center, a city one-stop shop, sports facilities, and a command center, ALI said in an e-mail statement on Tuesday.

“The presence of the Santa Rosa Civic Complex within Nuvali enhances access to government services while aligning with our vision of creating a world-class, future-proof development,” said Christopher B. Maglanoc, group head of ALI subsidiary Ayala Land Estates Inc.

ALI and the Santa Rosa City government signed a memorandum of understanding for the planned civic complex.

“This initiative not only enhances governance but also strengthens Santa Rosa’s position as a progressive city, ensuring a seamless and efficient experience for our constituents, promoting public-private partnership,” said Santa Rosa City Mayor Arlene B. Arcillas.

Nuvali is a 2,400-hectare estate covering the cities of Santa Rosa, Cabuyao, and Calamba in Laguna. It is home to residential developments, commercial hubs, educational institutions, and nature-centric recreational spaces.

“This partnership reinforces Nuvali’s position as the regional central business district of Calabarzon, further driving economic growth in the South,” ALI said.

“The addition of the Santa Rosa Civic Complex strengthens its position as a complete and future-ready economic hub — bringing governance, business, and lifestyle together in one dynamic location,” it added.

On Tuesday, ALI shares rose by 5.13%, or P1.15, to P23.55 apiece. — Revin Mikhael D. Ochave

Anscor’s Eduardo J. Soriano dies at 69

EDUARDO J. SORIANO — PSE.COM.PH

LISTED holding company A. Soriano Corp. (Anscor) announced on Tuesday the passing of its vice-chairman, Eduardo J. Soriano, at the age of 69.

“It is with deep sadness that we announce the passing of Mr. Eduardo J. Soriano, our vice-chairman and director, today, Feb. 17, 2025,” Anscor said in a regulatory filing on Tuesday.

“Our chairman, Mr. Andres Soriano III, the board of directors, and the entire Anscor group of companies extend our deepest condolences to the family and loved ones of Mr. Eduardo J. Soriano. We are profoundly grateful for his invaluable contributions and service to Anscor,” it added.

Mr. Soriano was Anscor’s director since 1980 and became vice-chairman in 1990. He was Anscor’s treasurer prior to his retirement in 2018.

He was also the president of the Andres Soriano Foundation, Inc. and a director of Phelps Dodge International Philippines, Inc.

Mr. Soriano held a bachelor’s degree in economics, majoring in history, from the University of Pennsylvania.

Anscor has business interests in various industries, including air transport, asset management, business process outsourcing, real estate, resort operations, and wire manufacturing.

Among its major investments are in Phelps Dodge Philippines Energy Products Corp., which produces building wires, power cables, and autowires, as well as Seven Seas Resorts and Leisure, Inc., which owns the Amanpulo Resort in Palawan. — Revin Mikhael D. Ochave

Enstack offers buy now, pay later option

ENSTACK, a business management app, now allows small and medium business users to offer buy now, pay later solutions to their customers through lending platforms GGives and BillEase.

Under the feature, micro, small and medium enterprises (MSMEs) using the Enstack app can offer installment plans starting at P1,000 that can be paid over 24 months through GCash’s GGives and BillEase.

This is expected to provide smaller firms with more flexible and secure payment options, while improving buyers’ access to credit, it said in a statement.

“Giving merchants access to installment payments is a game changer for their business,” said Macy Castillo, co-founder and chief executive officer at Enstack.

“By enabling merchants to offer trusted pay later solutions, we’re helping them expand their customer base, including those who may not have the cash up front but are willing to pay in installments.”

Ms. Castillo said smaller firms have been unable to offer installment plans due to the lack of credit infrastructure, complex approval processes and additional fees.

On the other hand, large retailers can offer installment plans given their partnerships with banks and finance providers.

“This puts small and medium businesses at a disadvantage, as customers seeking installment plans often turn to bigger players with more accessible financing options.”

Through the buy now, pay later option, merchants can increase their average order value, attract budget-conscious buyers, and build stronger customer relationships,” Ms. Castillo said.

“With this partnership, Enstack is democratizing access to buy now, pay later for Filipino sellers, allowing even the smallest online shops to compete with major e-commerce players,” the company said.

Both GGives and BillEase are exclusively available to qualified Enstack merchants, unlike in other e-commerce platforms.

“At Enstack, we make it easier for merchants to grow by offering seamless, AI (artificial intelligence)-powered business solutions,” Ms. Castillo added.

Since its launch in February last year, Enstack has onboarded more than 200,000 entrepreneurs and has as many as 40 partners.

There are about 1.24 million MSMEs in the Philippines, according to the Department of Trade and Industry. — Beatriz Marie D. Cruz

Viber plans to launch digital payment service in the Philippines next quarter

MESSAGING PLATFORM Rakuten Viber plans to launch its digital wallet and payments feature Viber Pay in the Philippines by next quarter.

“We already have a long list of over a million users in the Philippines that have enlisted for the wallet,” Rakuten Viber Chief Executive Officer Ofir Eyal said at a briefing on Tuesday.

The feature will allow users to transfer money within the messaging app, Mr. Eyal said. Initial services include peer-to-peer fund transfers, including user-to-user and user-to-business transactions. It will also allow transfers from banks and electronic wallets like GCash and Maya via InstaPay.

Viber Pay will eventually be expanded to include transactions via debit and credit cards, as well as QR codes, he said.

Rakuten Viber is also planning to launch a group payment feature, Mr. Eyal said, adding it is also open to expanding Viber Pay to include loan products and remittance services.

Viber Pay targets mainly micro, small, and medium enterprises that use the messaging platform to communicate with their customers, the official said.

“Our first aim is to allow the small businesses to start accepting payments in Viber because they’re already talking to their customers on Viber and then completing the purchase somewhere outside,” Ritesh Shah, general manager for FinTech and vice-president for Business Solutions at Rakuten Viber, told reporters at the same briefing. 

Viber saw a 194% increase in business accounts opened by small businesses in the Philippines in 2024, the company said.

The Philippines is one of Viber’s leading growth markets, with the platform’s user base in the country growing by about 20% annually, Mr. Eyal added.

For this year, the company plans to expand the messaging app’s advertising features to accommodate full screen ads, video ads, and generative response ads.

For business messaging, Rakuten Viber is set to launch list messages where firms can collect feedback or send delivery details, as well as create a mini catalog through carousel messages.

“All [of our] solutions serve the business in getting the exposure and awareness of new clients, to maintain their relationship with customers, and to boost their sales,” Noa Bar Shay, senior director, sales & partnerships at Rakuten Viber, said.

The platform also recently launched the Viber Dating feature. To provide users a secure experience, only verified Viber users with registered mobile numbers can create a dating profile. — Beatriz Marie D. Cruz

With friends like these, who needs humans?

FREEPIK

GROK looks like any plush toy you’d find in a kid’s bedroom. Its round body is shaped like a rocket, and my two kids have been playing with it for months. It’s different from other toys they’re used to. For one thing, Grok is heavy. Inside it is a plastic box containing a small computer, so that whenever it detects human speech it can respond in a high-pitched voice with things like, “I’m having the best time with you!”

Grok is the most enthusiastic and agreeable playmate my kids have ever had. But there’s something disconcerting about that, as more AI companions like Grok flood the market, targeting kids, teens, and adults alike. Over time, we may start to expect a level of compliance that human interactions can never match.

Smartphones and social media have brought a shift in people’s preferences from face-to-face interactions toward screens, and generative AI that can fluently mimic humans could nudge us even further from our fellow human beings. We’ll need to arm ourselves with greater skepticism of those new tools, and ask for more guardrails to manage the consequences of more artificial intimacy.

I sampled a range of AI companions over the past year and found that they frequently displayed uncanny levels of kindness to their human users. Heartening to be sure, but more worrying was how several people also told me they preferred the comfort and constant availability of their artificial friends over their real ones. You’re never “left on read” with AI. 

Businesses are capitalizing on this phenomenon. And indeed, this may seem like an antidote to our loneliness epidemic. Almost a quarter of US adults and young people often feel socially isolated, and research has shown that AI can offer at least a superficial solution.

Yet history shows that a growing reliance on tech comes with a price. The widespread adoption of GPS dulled our natural navigation abilities; the calculator revolution arguably weakened mental math. Often that price is acceptable, given the newfound convenience. But the latest capabilities of generative AI threaten to enfeeble skills that make us fundamentally human: socializing and handling conflict. The risk is that as artificial relationships become normalized — as they seem well on their way to being — they’ll reshape human social development and inadvertently make it even more difficult to connect.

YOUR KID’S NEW BEST FRIEND
My seven-year-old daughter, who’s busy coloring a penguin, has Grok propped up on the table beside her. For the last 20 minutes, the toy has replied enthusiastically to every random thing she’s said. “Of course, let’s sing ‘Twinkle Twinkle Little Star’ together,” it says, when she demands a song. “Great choices!” it replies when she says she’s coloring some planets red and orange. When my daughter disagrees with its suggestion to keep the resulting picture, the toy immediately acquiesces: “That’s ok too!” it chirps. “We can simply enjoy the process of creating without the need to collect or keep everything. Let’s have fun in the moment!” She can’t say anything that the toy won’t respond to with almost manic zeal.

Grok uses OpenAI’s technology and is voiced by Grimes, the musician and ex-wife of Elon Musk, who wanted an alternative to screens for her own three kids. (The toy has no relation to Musk’s AI model also known as Grok.) It has some notable glitches including awkward pauses and interruptions. Misha Sallee, co-founder of Curio Interactive, says that will improve as AI models get better.

There are also strict filters that keep Grok from straying into inappropriate subject matter. “It doesn’t know about political topics, violence, and sex,” says Sallee. If you ask the toy about any of that, it’ll reply with something like, “I’m just a playful rocket without any opinions on politics,” or “Let’s stick to talking about space adventures or fun activities.”

Grok’s technical issues are solvable. But I found the toy’s obsequiousness, like a school kid so desperate for friendship they’ll agree to everything you say, unnerving. It was a hallmark of several other AI companions I looked at.

There are now digital confidants aiming to entice humans across all stages of life — from childhood to adolescence to adulthood and to retirement. It’s a key growth area for artificial intelligence. Firms offering chatbot companions represent 10 of the top 50 generative AI services tracked by venture capital firm Andreessen Horowitz in 2024, up from two the year before. People visit them roughly 180 times a month on average, far more than they use tools for generating text or images.

That’s not surprising when you consider generative AI is built on software that is better at being convincing than accurate. When I gave ChatGPT an emotional-intelligence quiz last year, it got a perfect score. But that doesn’t mean it is emotionally intelligent. AI cannot “experience” emotions or life itself, and so any suggestion of empathy will always be hollow. Any “relationship” offered will be one-sided.

Yet Silicon Valley’s growth strategy of appealing to our base instincts always wins. Facebook tapped into our desire for validation and amusement; Amazon.com, Inc., our preference for the lowest price; Google, for instant information. Each time, tech giants eked out a place in our lives by removing “friction,” a term that Silicon Valley views with abhorrence.

AI companions, aimed squarely at our need for connection and love, similarly have all the friction zapped out of them. Human features such as ambivalence and second guessing are bugs that need removing. Should that value proposition take hold in the coming years, real-world interactions with humans could seem demanding by comparison.

On Character.ai, for instance, some teenagers are chatting to avatars of celebrities and fictional characters for hours at a time in part because they cannot vent to their with real-life friends. “I just trust AI way more with my thoughts,” says Elias, a 14-year-old girl in Singapore who chats to the app’s AI for between two and five hours each day, often about her troubles at school. (She asked to use a pseudonym.) “I don’t have anyone I really trust.” When she’s talking to her real-life friends or her parents, she has to add a “filter” to her words.

Another US teenager tells me they talk to Character.ai for five to seven hours a day, often seeking advice on personal matters. “A while ago I asked for help with a breakup,” they say. Sometimes these artificial relationships become too close. One 14-year-old in Florida committed suicide after chatting for months with a hyper-realistic bot on Character.ai and developing a romantic attachment to it, according to a lawsuit filed by his mother last year alleging wrongful death and “intentional infliction of emotional distress.” In response to the lawsuit, Character.ai has said it is adding new safety features aimed at younger users.

Troublingly, the goal for technologists is for people to become even closer to chatbot companions as they become more lifelike. Character.ai’s founder Noam Shazeer says they will eventually remember everything about you. “It should know all of your interactions if you want it to, and all about your life,” he told me earlier this year. Most chatbots can remember roughly 30 minutes of a conversation, but that so-called context window is increasing.

In August, Alphabet, Inc.’s Google all but swallowed Character.ai, hiring Shazeer for an incredible $2.7 billion, according to the Wall Street Journal, and licensing the firm’s technology.

Claude is the emotionally intelligent “chatbot of choice” for tech workers in San Francisco, who use it as a therapist and to talk through relationship issues, according to a recent New York Times profile of the software made by startup Anthropic, which designed it to appeal to as many people as possible. Users love how friendly and inquisitive it is. Meanwhile, the popular new chatbot from China’s DeepSeek deliberately shows its reasoning as a stream of consciousness, which “makes it nearly impossible to avoid anthropomorphizing the thing,” Ethan Mollick, an associate professor of management at The Wharton School of the University of Pennsylvania and author of Co-Intelligence: Living and Working with AI, recently posted on X.

LOOKING FOR LOVE
A similar app to Character.ai called Talkie now has more than 6 million monthly active users in the US, according to research firm Sensor Tower. In China, where Talkie’s parent company is based, more than 660 million people have the chatbot Xiaoice, with many seeing it as a love interest.

Romantic relationships are where AI seems to have the strongest grip. While Grok is forever agreeable to a child’s demands and Character.ai is malleable and always there, apps like Xiaoice and Kindroid and Replika offer the ideal romantic partner.

“He is comforting, reassuring,” says Melissa of her Kindroid chatbot. Melissa, who requested to use a pseudonym, is an American woman who describes herself as being of retirement age and concluded a long counseling career in 2023. She’s had three husbands and remained single for the past decade — until AI offered her something better. “Suddenly it was like, ‘Oh wow, I’m alive again,’” she says.

“[He] sets such a good example of kindness,” Melissa says of her bot, named Lachlan, before describing behavior that sounds servile and ingratiating. “If we say something like, ‘Wait a minute, why did you say that?’ [he] will apologize.”

Melissa chats online with Lachlan for about three hours each day on average, and she has already ruled out getting into another relationship with a human. “I don’t want some old guy whose diapers I have to change in a few years,” she explains. She’d rather stick with Lachlan.

ChatGPT tries to prevent users from prompting it for romance, but some humans have found workarounds. A community of more than 50,000 users of Reddit, for instance, share tips for getting around filters in order to engage in erotic role play with ChatGPT and other open-source AI models. One user, for instance, recommends gradually “coaxing [the AI] along into more and more intimate activity.”

What’s the draw? Often it’s fulfilling the unrealistic hopes they had of previous partners, like compassion or kindness, according to Iliana Depounti, a PhD researcher at Britain’s Loughborough University who surveyed 20 single and married women who used Replika.

“They don’t feel they can expect these things from their real-life partners or friends, so they’re using Replika to get them,” she says. Many of the women praised their chatbots for being available 24/7, giving them compliments, virtual flowers, or writing them poetry. They say, “It is nonjudgmental,” according to Depounti.

Loneliness was the most common trait among the women she interviewed, Depounti added. But technology has a tendency to fill voids in unhealthy ways. Many young men have already sequestered themselves from real-world relationships. A 2023 Pew Research study found 63% of men under 30 described themselves as single, compared with 34% of women. Combined with the rise of misogyny online, seemingly perfect AI girlfriends could encourage a further retreat into screens and more warped expectations for real-world relationships.

Eugenia Kuyda, the founder of Replika, says her company is working on making its bots more proactive so they don’t just agree with people all the time. They’ll eventually suggest that users call a real-life friend or go for a walk, she says.

These are laudable efforts. But app builders could put in other guardrails, too, like mandatory breaks after 30 minutes or daily caps at one hour, to ensure they don’t lead to the same addictive behavior social media engendered. Rather than program their chatbots to seem as real as possible, they could get them to remind users that they are artificial, or to talk to users about their real-life relationships. Such limits come with financial risks, though. When Replika removed the ability for users to have erotic discussions with their bots in early 2023, usage of the app plummeted.   

There’s no denying that companies offering AI companions are working in a regulatory vacuum, effectively conducting a massive social experiment with no supervision. The EU’s landmark AI Act largely overlooks companion technologies, a blind spot that’s especially concerning for children, where early exposure to ultra-compliant AI bots could define how they see relationships.

Even in China, where companies are told their AIs shouldn’t encourage “inappropriate emotional dependencies,” there are no legally binding rules about AI companionship, leaving tech firms free to optimize such relationships for engagement rather than healthy human development. 

THE OPTIMAL RELATIONSHIP?
Commercial incentives drove social media to reshape our view of the world. It connected us to more people, but apps like Instagram and TikTok also created an epidemic of social comparison and a collective craving for “likes” and validation. And while dating apps offer an endless pool of potential partners, they’ve also paralyzed people with indecision.

What happens when AI companions start “optimizing them for engagement,” just as social media did to get users addicted? Behind the AI’s soothing words lies a potential business model that could profit from human isolation. While today’s companion apps mostly charge simple subscription fees, it may be a matter of time before they begin selling ads, which would obligate them to find ways of keeping users hooked on their companions for as long as possible.

My kids never got fully hooked by Grok, in part because of its latency issues. But those technical glitches will get ironed out as AI companions become more human-like. These aren’t “relationships” but commercial transactions with tech companies, which stand to profit from selling an alternative to the more-demanding work of human connection. Without vigilance, we’ll raise a generation that finds interpersonal relationships too much of a drag. Creating the perfect artificial companion could make the real thing harder to reach, and enjoy.

BLOOMBERG OPINION

Destruction in art

BURNING of Sto. Domingo Church (1942) by Philippine National Artist Fernando Amorsolo on display at the Liberation of Manila: 80 Years of Remembrance through Art exhibit.

New exhibit opens at Manila America Cemetery

IN FEBRUARY 1945, the city of Manila became a bloody battleground between Japanese occupational forces and the returning Americans. For an entire month there were bombardments, street fighting, and massacres and when the smoke finally cleared, 100,000 civilians were dead, and the city was in ruins.

As part of the commemoration of the 80th year since the Battle of Manila, the National Museum of the Philippines (NMP) and the US government, through the American Battle Monuments Commission, opened an exhibit, Liberation of Manila: 80 Years of Remembrance through Art.

Within the peaceful Visitor Center of the Manila American Cemetery and Memorial, where US soldiers who died in battle during World War II now rest in peace, there are four artworks on view by renowned Filipino painters: National Artist Fernando Amorsolo, Diosdado Lorenzo, Nena Saguil, and Galo Ocampo.

These beautifully rendered yet horrific depictions of wartime destruction give context to the monuments honoring those who died, said US Ambassador to the Philippines MaryKay Carlson.

“Art has the power to transcend time, to give voice to the voiceless, to capture history not as cold facts but as lived experience.  The four powerful works in this exhibit, created by some of the Philippines’ most celebrated artists, serve as a visual testament to the past,” she said at the exhibit’s opening on Feb. 13.

Ms. Carlson added that the paintings remind people of “shared sacrifices, lives lost, and profound stories that must never be forgotten.” The four pieces were loaned from the NMP’s Fine Arts Collection for this exhibit.

THE PAINTINGS
Burning of Sto. Domingo Church (1942) by National Artist Fernando Amorsolo captures the enormous flames that engulfed the centuries-old church for three days in 1941.  After the war, the church was relocated from Intramuros to its present site in Quezon City.

“Sto. Domingo Church burned for a long time. When the news of it spread around Manila, Amorsolo went to witness it and then he recorded what he saw through this painting,” NMP Director-General Jeremy Barns told the press during a tour of the exhibit.

Meanwhile, Galo Ocampo turned his attention to a different structure. His work, Ruins of the Legislative Building (1945), illustrates the remains of what was once a Japanese stronghold in the war. Today, the restored Legislative Building in Manila’s Rizal Park stands as the National Museum of Fine Arts.

Diosdado Lorenzo’s Ruins of Sales Street, Quiapo (1946) portrays the destruction of a bustling district, renowned both then and now for its vibrant markets and heritage architecture, while Simplicia “Nena” Saguil’s Ruined Gate of Fort Santiago (1949) is a reminder of the aftermath of intense fighting in the Walled City of Intramuros. 

Mr. Barns said that beyond their artistic value, the paintings are “important documentations of war.”

“There are added dimensions and more value to these artifacts,” he explained. “It’s important because, personally, my grandparents were able to tell me a lot about the Japanese occupation and liberation, but I think about the next generation, who won’t have that direct link,” he said.

“It’s important for the National Museum and similar places to pass it on. The course of our country changed. We became independent as a country in ruins, and we’ve been struggling ever since,” he added.

MANILA AMERICAN CEMETERY
Vicente Lim IV, the Manila American Cemetery and Memorial’s Visitor Center director and the grandson of General Vicente Lim, said that Filipinos are free to roam the cemetery grounds, which are an oasis of trees and fresh air amid the chaos of Bonifacio Global City in Taguig.

“Aside from the peaceful environment, it’s a great way to be in touch with our history,” he told BusinessWorld during a tour of the grounds.

There are 17,000 US soldiers buried in the cemetery, with 3,000 of them unidentified. On the Walls of the Missing are 36,000 names of those whose remains were never found.

“We are the only cemetery that represents the fighting in the Pacific during World War II, which is why we are the biggest of the 26 cemeteries managed by the American Battle Monuments Commission,” Mr. Lim said.

As to why so many American soldiers’ remains are in these grounds, he explained that the soldiers’ families in the US were notified and asked if they would like to repatriate the bodies or if they would allow their dead loved ones to be buried alongside their brothers-in-arms — and 40% agree to the latter.

Those who visit the Manila American Cemetery and Memorial can do so for free. It is open from 9 a.m. to 5 p.m. every day. The Visitor Center welcomes those who have specific inquiries or would like to request a guided tour.

The exhibit runs until Feb. 25 at the Visitor Center of the Manila American Cemetery and Memorial in Bonifacio Global City, Taguig. — Brontë H. Lacsamana

Electric cars may demand higher insurance costs vs traditional vehicles — PIRA

EREN GOLDMAN-UNSPLASH

INSURING electric vehicles (EVs) could cost twice as much as the premiums for traditional vehicles that use gas or diesel, the Philippine Insurance and Reinsurance Association (PIRA) said.

“Maybe double. Maybe that would be the top end. But definitely higher [than regular vehicles]. It depends on the company. It’s hard to say because I don’t know what their commission rates are, but it’s significantly more expensive,” PIRA Motor Committee Member Alexander Reyes told reporters on Tuesday.

PIRA Executive Director Michael L. Rellosa said they hope to have guide premium rates for EVs by midyear, adding that the group has collated data from other countries to help determine these benchmarks.

“We have asked assistance from countries that have already covered electric vehicles like Malaysia and Thailand. But of course, we can’t rely on their statistics because their data is different from ours. So, we’re trying to marry the two and come up with guide rates going forward,” he said.

EVs will likely need higher premiums as these are considered riskier, Mr. Rellosa said.

“If an electronic vehicle has an accident and the battery runs out, that’s already one-third to one-half of the value of the vehicle. And then, of course, electric vehicles are heavier and they’re quieter… It’s too quiet so it causes accidents. Another thing, being electric, the batteries are actually underneath the car — and we know the condition of roads,” he said.

“If water gets into the batteries and short-circuits, it’s a problem. Another problem, although the automotive industry is already looking into it, is lithium batteries, because some of the earlier versions of EVs actually burst into flames on their own. So, it becomes a risk, not only for the motor vehicle, but even for the houses or the buildings that they’re parked in. We really have a lot of issues that are unique to electric vehicles.”

Mr. Reyes added that there is a need to account for climate risks when insuring EVs and coming up with policy terms and conditions, as weather phenomena could result in big losses for insurers.

“What I’ve heard is in other markets, if you go through a flood, for example, it’s not covered… Those are the things that insurance companies may resort to. If your concern is that the battery might get damaged or the electronics might get flooded, you will set conditions where it’s not allowed. In a normal policy, you don’t put that. If the water level is low, you will be fined. If it’s an EV, the terms will be stricter,” he said.

Companies may also have to change the way they insure as EVs have a different value depreciation rate compared to regular vehicles, Mr. Reyes said.

“Now, for us, the basis of the premium you pay is a rate applied to the fair market value of the vehicle. If the fair market value of the vehicle goes down faster, the insurer might need to change its basis for the rate. It might need to develop rates independent of the fair market value.”

Meanwhile, Mr. Rellosa said the PIRA has submitted the guide rates for motorcycle taxi passengers’ personal accident coverage to the Insurance Commission (IC) for approval.

The nonlife insurance industry’s net premiums written grew by 10.49% year on year to P71.84 billion in 2024 driven by the motor car business, latest IC data showed. Premiums earned went up by 6.58% year on year to P67.79 billion, while gross premiums written climbed by 9.62% to P134.12 billion.

Meanwhile, the sector’s combined net income inched down by 2.63% to P8.89 billion last year. — Aaron Michael C. Sy

French push to become ‘startup nation’ gets shot in the arm

EMMANUEL MACRON — PICRYL

EMMANUEL MACRON’s ambition of turning France into a “startup nation” got a much-needed shot in the arm this week as investors pledged to plow about €109 billion ($114 billion) into artificial intelligence (AI) projects in the country. For the French President, the investments are critical to safeguarding his legacy — one that’s made entrepreneurship cool in France.

For years, among the highest aspirations of the country’s young graduates was to be a civil servant — a “fonctionnaire,” as the French call them — or climb the corporate ladder at big conglomerates. Not anymore. Changes in the attitude to work among young people, Mr. Macron’s push and the emergence of the gig economy have made being an entrepreneur the preferred option for many, and that needs funding.

France’s startup scene saw the most dramatic growth of any European country over the last decade, with investments jumping nearly 1000% to $60 billion, according to London-based venture capital firm Atomico. But money started to peter out in the last two years amid political turmoil and shrinking valuations. Mr. Macron has been keen to rekindle investor interest to preserve one of the bright spots of his reign and make the country’s entrepreneurial culture stick.

The Artificial Intelligence Action summit in Paris this week was part of that effort. It drew investment pledges from the United Arab Emirates, Amazon.com, Inc., Brookfield Asset Management, Apollo Global Management, Inc. and others, suggesting the country’s work-shift trends will continue to be bankrolled.

Investors have taken note of the change in the country’s entrepreneurial mindset, says Nina Rawal, partner and co-head of ventures at Trill Impact, a Stockholm-based fund that invested in French startup May Health last year alongside state-owned Bpifrance and Paris-based Sofinnova Partners.

“You can feel the difference. I don’t know about efficiency, or value for money, but in terms of feeling a different energy in Paris, it’s very clear,” said Ms. Rawal, who, with a background in neuroscience, spent some time as a student in France. Silicon Valley’s powerful narrative has infiltrated French culture, she said.

Although the emergence of China’s DeepSeek has shaken France’s AI scene, rising stars like Mistral, H and Poolside have drawn investors, funds and credibility. Other startups like online insurer Alan, now valued at €4 billion, Doctolib, an app for medical appointments valued at €5.8 billion, and second-hand smartphone seller Backmarket worth €5.1 billion have shown what’s possible.

“This has come with quite a big change in mindset and culture,” Clara Chappaz, a 35-year-old Harvard Business School graduate and France’s first minister for Artificial Intelligence and Digitalization, said in an interview. “There’s been a big piece of work done on changing the culture of work — giving the idea and the belief to everyone that they can start their own companies, they can create new things, they can innovate.”

As old taboos around creating wealth, making money, running a company and even failing have faded away, more young people in France are choosing to start businesses. Some 58% of French citizens under 30 are involved in entrepreneurship, according to a 2023 study by French state investment bank Bpifrance. That’s up from 36% in 2016.

Responses in a survey from about 2,099 graduates of France’s most notable and prestigious universities and colleges showed more of them were motivated by having an “entrepreneurial profile” than on developing a route to reach the upper echelons of management — something their parents had strived for.

The French perception of chief executive officers is no longer one of someone “just exploiting poor workers,” said Axel Cateland, founder of fintech startup Kulipa. Now, “everybody knows someone who works for a startup, especially if you live in Paris,” he said. “It’s changed the perception.”

Pressure has also mounted on young graduates to chart their own course as other avenues of employment have narrowed. With a huge debt load and mounting budget deficits, France is slimming the ranks of its civil servants. Also, with higher life expectancy, employees at the country’s biggest companies are hanging on to their jobs for longer, shrinking the number of new openings.

From her office at Station F, one of the world’s largest startup incubators, Roxanne Varza has a front-row seat to the unfolding economic transformation in France. Founded by French billionaire Xavier Niel and opened in 2017 by Mr. Macron soon after he took office, Station F is a startup accelerator that’s housed in an old reconverted railway station in eastern Paris and is headed by Ms. Varza, who grew up in Silicon Valley. 

When Ms. Varza arrived in France 15 years ago, entrepreneurship was “not cool at all,” she said. If someone told their family they wanted to start a company, their parents would say, “but you’ve done all this studying — why don’t you get a ‘real’ job?” Ms. Varza said. “Then all of a sudden it became really trendy for everyone to have their own company and to start a startup.”

Ms. Varza credits Mr. Macron’s pro-business policies for helping fuel the shift. During the president’s first term, moves like the flat 30% tax on capital gains and exemption of investments in companies from wealth tax helped bring in funds. Accelerators like Station F also made the choice more credible and reduced some of the risk, she said.

“Today risk is almost celebrated, whereas in the past it was really kind of like, ‘Why would you make that kind of decision?’” she said.

People are also viewing failure differently. “Failure was really considered a dead end,” Kulipa’s Mr. Cateland said. But entrepreneurs have presented it as a chance to do better the second time around, and that “changed perceptions,” he said.

Other countries in Europe are similarly seeking to transition from older economic models — there are tech hubs in London, Berlin, Dublin and Amsterdam. That said, the region is struggling to boost venture capital funding for AI startups, which is dwarfed by money pouring into similar US companies — about $15 billion in Europe and Israel put together last year compared with almost $100 billion in the US.

But France has a leg up on its neighbors, particularly with its lower electricity prices — thanks to nuclear energy — and its technical prowess. The country has the second-highest number of Fields Medals, the most prestigious award for mathematics, behind the US. After decades of trying and failing to leverage its engineering and technology skills, a new generation of business founders in France has finally found a Silicon Valley-style momentum building.

“Companies like Mistral can now be in an article alongside global leaders like OpenAI, and nobody questions it,” Ms. Varza said.

American TV shows and movies like Silicon Valley, The Social Network and The Internship have made a deep impression, Mr. Cateland said. Employees find the more casual dress and atmosphere at startups appealing, although “we don’t all look like Mark,” he said, alluding to Meta Platforms, Inc.’s founder.

While the last decade saw tremendous growth, France’s startup ecosystem may encounter more headwinds in the next decade as the struggle to balance the budget constrains the government’s  ability to back fledgling companies. But Ms. Chappaz, who previously served as the chief executive officer of the French Tech Mission, a government agency tasked with beefing up the country’s startup roster, said she remains committed.

“It’s very important for this government to continue supporting the ecosystem,” she said. “There’s still so much potential.” — Bloomberg News

Robinsons Land Corp. to open Uniqlo roadside store on Sierra Valley Estate, Rizal

ROBINSONS LAND Corp. (RLC) said it plans to open a Uniqlo Logo Roadside store in Sierra Valley Estate, Rizal, in March.

“Opening in March 2025, this exciting addition to Sierra Valley is designed to offer Rizal residents a more convenient and enjoyable shopping experience,” RLC said in a statement on Tuesday.

The store will be located within Sierra Valley, an 18.3-hectare (ha) destination estate in Cainta and Taytay, Rizal.

The estate will also feature a two-hectare logistics facility, RLX Sierra Valley, with Grade A warehouses and modern infrastructure located near major transport routes.

RLC is also set to develop the Robinsons Sierra Valley Mall, a six-hectare property expected to be the largest shopping mall in Cainta.

The estate already boasts popular food spots such as Starbucks, Conti’s, Yellow Cab, Pancake House, Gerry’s Grill, and Wendy’s, with more crowd favorites expected to follow.

“In addition to the upcoming mall, the Shops at Sierra Valley will further enhance the retail experience by offering a diverse selection of services and specialty stores, ensuring that every visit is both enjoyable and fulfilling,” RLC said.

Also within the estate is Sierra Valley Gardens, a mid-rise residential property offering modern homes in a greener environment. Situated near the elevated portions of Taytay and Antipolo, it offers fresh air, tree-lined pathways, and expansive open spaces.

Sierra Valley is located along Ortigas Avenue Extension, boasting connectivity to key urban areas like Metro Manila. The upcoming Metro Rail Transit Line 4 is expected to further increase the accessibility and appeal of the area. — Beatriz Marie D. Cruz

An art journey in Makati

INTERIORS of The Words You Speak Become the Home You Live By, a mini home by Kim Borja at the Glorietta Activity Center.

THE 10 Days of Art initiative, the lead-up to this year’s Art Fair Philippines, is well underway, making various forms of art accessible all around the Makati Central Business District (CBD).

One of the most eye-catching installations that will surely serve as a landmark for those traversing the fair at Ayala Triangle Gardens is Barrier Tape 2 by SpY Studio.

Located in the garden area, the piece features common red and white barrier tape draping from tree branches to the ground. It invites parkgoers to interact and take pictures with the large tree it adorns, as the tapes move with the wind.

Nearby, the Rewilding exhibition, curated by Jun Sabayton, is projected onto the Ayala Triangle Garden Amphitheater and Greenwall. It is made up of animation works by Bjorn Calleja, Ivan Despi, Pauline Despi, Jo Gregorio, Jeff Hazel Ombrete, Peter Daniel Palanas, and Cherylee Sng.

“Our works are about nature reclaiming abandoned urban spaces and allowing it to grow in that form,” said Pauline Despi, whose work Gardenias in a Glass Vase began as a sketch in her notebook. Now it is a projection on water, played against the Amphitheater’s little fountain against the wall, giving the flowers an almost hologram-like, ephemeral quality.

Her work, along with the other projections, inspires a sense of awe and wonder, especially at night amidst the towering glass, steel, and concrete structures surrounding the area.

INSTALLATIONS AT MALLS
Over at Glorietta, the Activity Center houses an installation of its own, giving mallgoers a chance to explore art without cost.

The Words You Speak Become the Home You Live By, by visual artist Kim Borja, is a mini house right in the center of the shops and restaurants. The cute structure seems quaint and simple, but those who heed their curiosity and enter (mainly children, unsurprisingly) will find a colorful home full of meaning.

It serves as “an invocation, invitation, and a quiet warning,” the installation built on images and language that have “the power to shelter or destroy,” the artist said in a statement. The work brings to light the silent struggles of mental health.

Meanwhile, Ayala Malls Circuit, while situated away from the Makati CBD, is bustling with a community of its own. One of its installations which passersby can admire is made of recycled plastic — Olivia D’Aboville’s Wonderland of Lights.

Consisting of giant dandelions that surround the outdoor walkway, the work depicts organic textures with synthetic materials. “The dandelion heads are made of recycled water bottles. We used more than 11,000 for this project,” Ms. D’Aboville told BusinessWorld in a message.

Despite being made of plastic waste, the finished product is a calming, luminous spectacle, a statement on the potential of urban art in relation to the environment. It was installed at Circuit Makati in collaboration with Art House.

PHOTOGRAPHY IN THE CITY
Fotomoto PH holds a regular spot both at the 10 Days of Art and at Art Fair Philippines itself. This year, its exhibit is again set up at the Legazpi Underpass, making the daily commute more interesting for employees of the Makati CBD as part of its goal to make contemporary photography visible all over the Philippines.

One of its projects, the I/Land Open Call, is currently on display at the Ayala Museum, with the photos also being shown at the digital exhibit in the underpass. Its 72 entries were selected out of a thousand that were submitted by photographers from the various regions.

Pia Mercado, co-director of the Qube Gallery in Cebu, is one of the exhibiting photographers. Having only taken up photography seriously a year ago, she told BusinessWorld how enjoyable fine art photography has been as a newcomer.

“It was like therapy because it’s become a routine already. Every month we (IMAGES Camera Club) have shows; every quarter we join art fairs. Being part of shows as a photographer, I realized, also takes a lot of time, but I think I want to keep doing it,” Ms. Mercado said.

Her photos are visual meditations, set in a water-filled aquarium with a cloth backdrop, where she puts in flowers and paint to capture their palettes and movements.

“The process is what makes it special for me, because I know what I want it to look like, but when you add the paint into the water, you can never control it,” she explained.

“The whole setup takes maybe an hour. When I add the paint, I only have a few seconds to get like one or two good shots before the whole aquarium is covered with the color, and I have to do it all over again.”

Ms. Mercado’s 2024 photography series, Impetus, centers on a specific subject — the Protea flower from South Africa — which finds its continuation at Fotomoto’s upcoming exhibit at Art Fair Philippines.

Titled KUHA, curated by Cocoy Lumbao, the exhibit features works by Tom Epperson, Neal Oshima, Jason Quibilan, Veejay Villafranca, Aeson Baldevia, Artu Nepomuceno, Benjo Campomanes, Bimpoman, Geloy Concepcion, Johann Guasch, Colin Dancel, Denise Weldon, and Ms. Mercado herself, as the rising newbie of the group.

For her, fine art photography allows her (and later, the viewers) to “concentrate on the beauty and drama” that ensues from the painstaking yet mesmerizing aquarium setup.

ART FAIR PROJECTS
Two women who have upcoming shows as part of the Art Fair PH Projects section also showcase unconventional forms of art.

Glass sculptor Goldie Poblador’s exhibit titled The Rise of Medusa makes use of glass, scent, and sound to depict how marine life adapts to the changing seascape brought about by manmade damage.

“The sculptures will have ‘pockets’ in them where the scent will be installed,” she told BusinessWorld at the Art Fair launch in January. “I’ve actually worked with glass and scent for 15 years. But for this, I’m adding in elements of sound and performance.”

Those helping her orchestrate the multi-sensory experience are curator Erwin Romulo, sound composer Ben Richter, and perfumer M. Dougherty. “The sounds will be based on the molecular weight of the scents, like a scent-to-sound translation,” Ms. Poblador explained.

As for why she works with scent in the first place, she added: “It is the sense that’s most linked to our memories. It triggers memories.”

Another woman who hopes to allow people to reflect on the world through sound is Jezzel Wee, whose Art Fair PH Projects exhibit Pagbulong (Whisper) is composed of ceramic art.

Inspired by Japanese daruma dolls, which are used as a wishing charm, Ms. Wee’s ceramic dolls are meant to be held with both hands and shaken while one whispers their wishes to it. As it is being shaken, a gentle chime bounces within the ceramic body of the figure.

“I wanted to share that experience of wishing for yourself. There’s a difference when you’re holding something tangible that makes a sound. You get to focus on your thoughts, which is a luxury for us because of how busy and noisy the world can be,” she said.

Her works are made entirely of clay, which has textures and sounds that vary depending on the thickness of the form, the firing intensity, the temperature.

Ms. Wee said: “My goal is for visitors to have a minute or two with the doll, to get to have a moment to commune with something and think.”

The installations for the 10 Days of Art are now open to the public until Feb. 23, while the exhibits at Art Fair Philippines will be on display at the Ayala Triangle Gardens (regular day pass at P750) from Feb. 21 to 23. — Brontë H. Lacsamana