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MPTC unit taps DMCI for last segment of CAVITEX C5 Link

CAVITEX.PH

THE CAVITEX Infrastructure Corp. (CIC), a unit of Metro Pacific Tollways Corp. (MPTC), has partnered with D.M. Consunji, Inc. (DMCI) for the construction of the remaining segment of CAVITEX C5 Link.

“This is a milestone for the CAVITEX C5 Link as it marks the construction of the last remaining segment. Soon, motorists will benefit from the entire 7.7-kilometer expressway stretching from CAVITEX R1 to C5 Road in Taguig,” MPTC President and Chief Executive Officer Raul L. Ignacio said in a media release on Thursday.

CIC has signed a P3.3-billion agreement with DMCI for the construction of C5 Link Segment 3B, which comprises a two-kilometer, 3×3 lane stretch from the Kaingin area to the RSG Subdivision.

The construction of the remaining segment is targeted to be finished by the second semester of the year and will be operational by 2025.

Under the contract signed by the two parties, DMCI will construct the roadworks, drainage, mechanical, electrical, plumbing, fire protection, sanitary systems, and toll plazas. 

To date, Cavitex C5 link’s operational segments are Segment 3A-1 (C5 Link Flyover from C5 Road to Merville) and Segment 3A-2 (C5 Link Flyover Extension).

MPTC is the tollways unit of Metro Pacific Investments Corp., one of three key Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT Inc.

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls. A.E.O. Jose

AllDay says income rises 10.2% on importation gains, expansion

AllDay Supermarket

PREMIUM SEGMENT supermarket operator AllDay Marts, Inc. reported a 10.2% increase in its first-quarter net income, reaching P97 million.

“AllDay’s stable position through the first quarter can be credited to continuing gains from our importation and, in part, through our new minimarts,” AllDay President and Chief Executive Officer Frances Rosalie T. Coloma said in a statement on Thursday.

First-quarter revenue rose by 1.1% to P2.47 billion from P2.44 billion last year.

 Gross profit increased by 1.2% to P514 million, while earnings before interest, taxes, depreciation, and amortization grew by 5.6% to P246 million.

  AllDay leveraged its international selections and benefited from the recent opening of four new minimart locations, according to Ms. Coloma.

 “We established a foothold in the communities of Camella East and Ponticelli in Bacoor, Maia Alta in Antipolo, and along Governor’s Drive in Dasmariñas, and look forward to building on the elevated supermarket experience we have long bannered across the chain,” she said.

 On Thursday, AllDay Marts stocks fell by 2.16% or P0.003 to P0.136 apiece. — R.M.D. Ochave

Flexible cyber law, tech investment needed to fight threats — experts

TOWFIQU BARBHUIYA-UNSPLASH

ADDRESSING the rising cybersecurity threats in the Philippines requires a two-pronged strategy: implementing more flexible legislation and harnessing emerging technologies, according to experts.

“I know that fraudsters and even perpetrators also need a tool that could be used to move forward. Artificial intelligence (AI) has actually helped us a lot in ensuring that our space is safe,” GCash Chief Risk Officer Ingrid Beroña said at the BusinessWorld Economic Forum 2024 on Wednesday.

GCash is focusing most of its budget on protecting its platform from breaches, she added.

She also noted that investing in technologies has allowed the company to successfully prevent cybersecurity breaches.

“What I can confidently say is [the value of cybercrime incidents] is not even 1% of our daily transactions,” she said.

“The most prevailing technology we have is AI. AI has helped us that our space is safe. We have a good relationship with local authorities and they are working with us to ensure that the space is secure,” she added.

A law aiding companies and agencies in combating cybersecurity attacks will also need to be implemented, according to Alexander K. Ramos, executive director of the Cybercrime Investigation and Coordinating Center.

“The way laws are set up now, once they are passed, a new threat has already emerged. We need more flexible laws that can address threats as they happen,” he said.

In April, research group Capstone-Intel urged the Philippine Congress to pass a law enhancing the government’s cybersecurity protocols and mechanisms.

This follows several incidents of cybersecurity breaches involving government websites.

For instance, the Department of Information and Communications Technology (DICT) attributed the recent breach involving the Department of Science and Technology to the government’s outdated network and slow procurement process.

The DICT said that the government’s slow procurement process does not permit timely network upgrades, especially given that the information communications and technology landscape is constantly evolving.

Recall that the country is expected to face more cyberattacks as attackers are anticipated to take advantage of the expanding digital economy, the department said.

The Philippines’ digital economy has been on the rise, with its value expected to reach as high as $150 billion by 2030, mainly driven by e-commerce, according to the e-Conomy report issued by Google, Temasek Holdings, and Bain & Company last year.

While the government is responsive to cyberattacks, the Philippines needs policies that are “flexible” and adaptable to changes, especially since threat actors are growing sophisticated, Mr. Ramos said.

“We have laws passed within the past year to safeguard the digital realm, but we are still asking Congress for more,” he added.

Last year, President Ferdinand R. Marcos, Jr. said the government is working to ensure the swift passage of cybersecurity laws.

Currently, Senate Bill (SB) 1365 or the proposed Cybersecurity Act is pending at the committee level. — A.E.O. Jose

SEC approves SM Prime’s P100-B bond program

THE Securities and Exchange Commission (SEC) has approved the shelf registration of Sy-led property developer SM Prime Holdings, Inc. for up to P100 billion of fixed-rate bonds.

During a meeting on May 23, the Commission En Banc gave the green light for the registration statement of SM Prime’s peso-denominated bonds, which can be offered in one or more tranches, the SEC said in a statement on Thursday.

 The first tranche will consist of up to P20 billion of three-year Series V bonds, five-year Series W bonds, and seven-year X bonds, with an oversubscription option of up to P5 billion.

 SM Prime is projecting to generate P24.72 billion worth of net proceeds assuming that the overallotment option of the offer’s first tranche will be fully exercised. The proceeds will be used to refinance the listed company’s debt and expand its property portfolio.

 The bonds will be offered at face value from June 7 to 14, based on the offer’s latest timeline sent to the SEC. These will be subsequently listed on the Philippine Dealing & Exchange Corp.

 SM Prime tapped BDO Capital & Investment Corp. and Chinabank Capital Corp. as the joint issue managers for the offer. They will join BPI Capital Corp., East West Banking Corp., First Metro Investment Corp., Land Bank of the Philippines, and SB Capital Investment Corp. as joint lead underwriters and bookrunners. — Revin Mikhael D. Ochave

Taylor Swift tour gives European economy a boost, BofA data show

TAYLOR SWIFT in the concert film Taylor Swift: The Eras Tour.

CONSUMER SPENDING growth has slowed, but not for Taylor Swift fans traveling to Europe for the Eras Tour, according to Bank of America Corp. (BofA).

The bank’s customers spent 22% more in Paris this month when the singer’s tour was in town, president of preferred banking Aron Levine said in an interview. Ms. Swift performed in the French capital from May 9 through May 12, just when the jump in spending registered.

“There would be no other explanation,” Mr. Levine said, adding that other European cities can look forward to a similar boost as fans flock to upcoming tour dates in cities including London, Milan, and Vienna. “She’ll give a boost to the European economy.”

Cities across the globe are reaping economic benefits as consumers splurge on experiences and live entertainment. Pittsburgh last June saw significant boosts in spending during Taylor Swift concerts compared to the rest of the month, and the Federal Reserve Bank of Philadelphia said that the tour helped stimulate travel and tourism in the region.

Worldwide, Bank of America saw spending up around 3% to 4% from a year ago, though account balances have come down from highs set during the pandemic, according to Mr. Levine, who’s also a member of Bank of America’s executive-management team and oversees more than 30,000 banking employees and financial-solutions advisers. He focuses on mass-affluent consumers who use multiple products such as credit cards, mortgages, investing services, and bank accounts.

Last week, Chief Executive Officer Brian Moynihan said US consumers are in good shape, helped by wage growth, even amid elevated interest rates. “It shows you the resilience of the American consumer,” Mr. Moynihan said in a Bloomberg Television interview. — Bloomberg

PHINMA Corp. unit starts construction of P700-M Pampanga panel plant

A UNIT of Del Rosario-led PHINMA Corp. said it has started constructing its P700-million insulated panel manufacturing plant in Porac, Pampanga.

The facility, launched by Union Insulated Panel Corp. (UIPC) on May 22, will have an annual production capacity of one million square meters of panels, PHINMA Corp. said in an e-mailed statement on Thursday.

UIPC is a company under PHINMA Construction Materials Group, the construction unit of PHINMA Corp.

 “The facility will allow UPIC to better serve the market with top-quality, value-enhancing materials catering to the needs of cold chain facilities and related businesses while enhancing their operations and efficiencies,” PHINMA Corp. said.

  UIPC supplies and installs insulated panels for the roofing, walling, and cladding needs of various temperature-controlled facilities such as cold storages, blast freezers, and warehouses across the food, agricultural, and industrial sectors.

 On Thursday, PHINMA Corp. shares improved by 4.65% or 95 centavos to P21.40 apiece. — Revin Mikhael D. Ochave

The epic revenge saga of Furiosa

By Brontë H. Lacsamana, Reporter

Movie Review
Furiosa: A Mad Max Saga
Directed by George Miller

A FIVE-PART post-apocalyptic symphony chronicling a woman’s decades-long quest for revenge and homecoming — this is an epic description for Furiosa: A Mad Max Saga that barely scratches the surface. George Miller’s immense prequel builds on the legacy of Mad Max: Fury Road in all the right ways.

In a world where sequels, crossovers, multiverses, reboots, and the like have created franchise upon franchise of unnecessary add-ons and rehashes to already superior movies, Furiosa stands out by refusing to contend with the existing bar that has been set. It is a truly rewarding journey made for those who want to deepen the “guzzoline”-fueled impact of Fury Road, a masterpiece that seemed like it had to be the pinnacle of director Miller’s insane ideas. Now we know that it was only one of the treasures uncovered from the carnage that is his mind.

The story begins with young Furiosa, who is taken from the green place where she was born and raised and held captive by a biker horde known for ravaging the post-apocalyptic wasteland. For most of the film, she is played by Anya Taylor-Joy, whose casting had many doubting its wisdom as she was considered too slight and delicate to play the character so commandingly brought to life by Charlize Theron. But, with just a few words and incredibly piercing eyes, she summons forth the ferocity and strong moral fiber that made Furiosa arguably the most memorable character in Fury Road. By the end of Furiosa, when her transformation is complete, her voice even sounds remarkably like Theron’s.

However, it would be a disservice not to acknowledge the excellent job done by Alyla Browne, who plays the young Furiosa for at least 45 minutes before Taylor-Joy takes over. As she tries to bite, kick, and crawl her way out of the clutches of the biker horde that snatched her from her home and later refuses to be their pawn in a climb to power, young Browne makes clear how such a tough, tortured character grew up still ticking with the rhythm of hope.

Browne/Taylor-Joy’s performances are pushed forth by the crazy energy of the object of their hate and reason for revenge — the warlord Dementus, played by Chris Hemsworth in what is possibly his career-best. Well outside the confines of his usual hunk roles (though those who watched Bad Times at El Royale will know he is definitely capable of playing a villain), Hemsworth is extremely fun to watch as he sweeps the wasteland with his rowdy, godforsaken followers. Upon encountering the citadel lorded over by Immortan Joe, the chaotic form of tyranny he brings to seek dominance in face of a daunting seat of power is thrilling to watch.

Meanwhile, as Furiosa is exposed to the barren, chaotic landscape in which we all know her to thrive, the film presents us with the seeds of her long-term, deep-seated goal to eventually find her way back to her real home. It is an experience that is as outlandish, excessive, and full of turmoil as one would expect for an action opera directed by George Miller. It’s a different beast altogether than those of modern-day virtuosos like Christopher Nolan and Denis Villeneuve, but the gigantic tales and themes they all take on are undoubtedly on the same tier. Those expecting the gritty, grimy, phantasmagorical quality of the previous Mad Max films will be overjoyed to find that this isn’t shiny and polished like most prequel/sequels of today. It’s not as electric as Fury Road, but Furiosa paves the way to it perfectly.

Of the five parts that make up the film, “Stowaway to Nowhere” brings us to a sequence that rivals that of the massive vehicular chaos and carnage that made the previous film iconic. Beyond that, every part is essential, having us comb the wasteland with Furiosa in immense war rigs and power-packed cars, lithe yet explosive motorbikes, and weakly, soaked in blood, on foot, and missing an arm.

The madness with which Miller orchestrates these vivid set pieces and action sequences is truly immersive. The roar of engines and the screech of steel colliding with steel fuel Dementus’ dangerous tirade of despair and Furiosa’s silent spark of hope, a deafening one-two punch of humanity at the cusp of the end-times. Long takes, wide perspectives, and flexible camera work taking us along on the ride all aid in the movie’s singular vision.

Furiosa is something of a coming-of-age film as well as an action-packed revenge thriller. It is both poignant and tender as well as intense and frenzied. It seems no summer blockbuster this year will even come close to the full experience that this movie brings.

MTRCB Rating: R13

Maynilad borrows P10 billion from Metrobank for capex

MAYNILAD Water Services, Inc. announced on Thursday a P10-billion loan from Metropolitan Bank & Trust Co. to fulfill its capital expenditure needs for 2024.

“With this loan, we are in a better position to pursue our capital expenditure program that will further enhance water services for our over 10.3 million customers,”  Maynilad Chief Operating Officer Randolph T. Estrellado said in a statement.

The proceeds will be used to help improve the company’s water service coverage, increase water sources, reduce nonrevenue water, improve sewerage coverage and treatment facilities, upgrade water treatment plants and facilities, and improve water availability, Maynilad said.

Maynilad previously said that it would investing more than P31 billion this year for its water and wastewater projects.

Maynilad serves the cities of Manila, except San Andres and Sta. Ana. It also operates in Quezon City, Makati, Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas, and Malabon. It also supplies the cities of Cavite, Bacoor, and Imus, and the towns of Kawit, Noveleta, and Rosario, all in Cavite province.

Metro Pacific Investments Corp., which has a majority stake in Maynilad, is one of three Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT Inc.

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has an interest in BusinessWorld through the Philippine Star Group, which it controls. — Sheldeen Joy Talavera

Bulacan’s Chelsea Manalo is first black Miss Universe Philippines

FACEBOOK.COM/THEMISSUNIVERSEPH

AFTER four months of official pageant events, Chelsea Manalo, the daughter of an African-American father and a Filipino mother, was crowned Miss Universe Philippines during the contest’s culminating activity on May 22 at the SM Mall of Asia in Parañaque.

The 22-year-old from Meycauayan, Bulacan is a graduate of Tourism Management from De La Salle University.

Her background came front and center during the Q&A portion, with her answer: “As a woman of color, I have always faced challenges in my life. I was told that beauty has standards. But for me, I have listened to my mother to always listen to myself, uphold what you have. Because of these, I am already influencing a lot of women who are facing me right now. As a transformational woman, I have here 52 other delegates with me who have helped me to become the woman that I am.”

Stacey Gabriel of Cainta was named 1st runner-up, Quezon Province’s Ma. Ahtisa Manalo was named 2nd runner up, Tarah Valencia of Baguio was 3rd runner up, while Christi Lynn McGarry of Taguig was 4th runner up. The pageant’s runners-up will be representing the country in several other international beauty pageants.

Ms. Manalo will be competing in the 2024 Miss Universe beauty pageant in Mexico later this year.

Entertainment News (05/24/24)


French board games and storytelling event at Podium

ALLIANCE Française de Manille will be hosting a French Board Games and Storytelling event on May 25, at the Podium in Ortigas, Pasig City. Throughout the day, there will be activities for people of different ages — storytelling, a Just Dance competition, and a game session lasting the whole afternoon — all at the “Legacy in Motion: A Visual Tribute to Olympic & Paralympic Athletes Exhibition” at the Atrium on Level 2. Boardgames and video games like Loup-Garous (Werewolves) and Mario Party will be available from 1 to 5 p.m. Storytelling in French and English of À vos marques, prêts, nagez! by Marcus Pfister takes place from 2:30 to 3:30 p.m. Finally, the Just Dance competition commences at 4 p.m. All activities are free to join and are open to all, both French and non-French speakers. To register, go to https://bit.ly/HDCPodium.


Galleria’s Winter Magic beats the heat

WINTER has come to Robinsons Malls through Winter Magic, which is open at Robinsons Galleria, Ortigas, Quezon City, until June 9. The cold-weather theme park is open daily at Level 1 Digiworld from 10 a.m. to 10 p.m. Kids under 12 must be accompanied by a guardian. Skates and safety gear are available at the Magic Glide Eco Skating Rink while socks are required at all times inside Winter Magic Philippines. A Magic Ticket gets a customer access to the whole attraction for one hour. The 5-in-1 Attraction Tickets are P450 each and give the customer access to the Magic Glide Eco Skating Rink, Snow Play Zone, Bouncy Snow Castle, Snow Dome, and Winter Display. Visitors can also choose to get just a Skating Pass which costs P150 and gives them access to the rink for 20 minutes. A Snow Play Pass gives visitors 20-minute access to either the Snow Play Zone or Bouncy Snow Castle, for P100. For access to just the Snow Dome and Winter Display, it’s P150 for 15 minutes. Souvenir photos are also available for P120. 


Toys from Bluey arrive in Philippine stores

THE BLUEY toy collection is set to be available in Toys R Us and Toy Kingdom stores across the Philippines by June 1. The toy’s arrival comes shortly after the series launched in Tagalog on local free-to-air channel TV5 in April alongside its home on Disney+. Licensed by Moose Toys and locally distributed by Ban Kee, the toys are based on the BAFTA and Emmy award-winning children’s television series by Ludo Studio and BBC Studios Kids.

Budget carrier takes delivery of 5th aircraft for 2024

CEBUPACIFICAIR

CEBU PACIFIC said it has received its fifth aircraft delivery for the year.

This delivery marks the arrival of five out of the 12 Airbus new engine option (NEO) deliveries expected this year, the budget carrier said in a statement on Thursday.

“Adding another NEO aircraft to our growing fleet supports our goal of reducing our carbon footprint,” Cebu Pacific Chief Strategy Officer Alex B. Reyes said.

The budget carrier is aiming to transition to an all-NEO fleet by 2028.

To date, Cebu Pacific operates a diversified fleet mix of eight Airbus 330s, 39 Airbus 320s, 21 Airbus 321s, and 14 ATR turboprop aircraft.

The budget carrier is planning to order more than 100 narrow-body aircraft from Boeing or Airbus valued at roughly $12 billion, Cebu Pacific said.

Currently, Cebu Pacific flies to 35 domestic and 24 international destinations in Asia, Australia, and the Middle East. — Ashley Erika O. Jose

Cannes Film Festival: Talking to the filmmakers behind  Parthenope, The Shrouds, Veteran 2, and Anora

IMDB

CANNES, France — Gary Oldman jumped at the chance to be in Italian director Paolo Sorrentino’s new coming-of-age drama, Parthenope, even if it was just a small role, the Oscar-winning actor told Reuters.

“I was in anyway. I didn’t care what it would have been either,” said Mr. Oldman on Wednesday at the Cannes Film Festival, where the competition film celebrated its premiere.

Mr. Oldman has a bit part as melancholic American novelist John Cheever. The title character, a long-haired beauty played by newcomer Celeste Dalla Porta, is inexplicably drawn to him on vacation.

Parthenope enchants the men in her life, and the film follows her from her birth in the waters of the Bay of Naples to her last day before retiring as a professor of anthropology.

Mr. Sorrentino said his own life experience gave him the idea of following a character through various ages.

“Being in my 50s, well, actually more, I was very fascinated with the idea of recounting the melancholies, sorrows, and hopes that revolve around the passing of time,” he said.

“And so, from there I came up with the idea of doing a long tale of a woman from when she was born until today,” he added.

Mr. Sorrentino noted that the heroine’s development also coincides with that of the city of Naples.

“Parthenope, in the first part of the film, when she is young, coincides with the city, they are two mysteries,” said Mr. Sorrentino, a Cannes veteran who has brought seven films to compete for the festival’s top prize, the Palme d’Or.

In the second part, she grows into a free and spontaneous woman who does not judge, which is also like the city, he added at a news conference in the French Riviera resort town.

Naples is sometimes known as Parthenope in reference to the ancient Greek settlement established there, named after a siren who, according to legend, drowned herself after failing to bewitch Odysseus and whose body washed up on the shores of the city.

Mr. Sorrentino won best foreign language film with 2013’s The Great Beauty and was nominated for an Oscar for 2021’s The Hand of God, a personal family tragedy set in 1980s Naples. That film first put Dalla Porta, 26, on the director’s radar.

“The casting agents who chose me as an extra (in The Hand of God) called me to do Paolo Sorrentino’s Bulgari commercial,” she told Reuters. After a year or two, she said, she started auditioning several times for the starring role of Parthenope.

For Dalla Porta, the film not only is an allegory for Naples, but also for her own life.

“Before we started shooting the film I was still in a youthful, carefree phase of my life, where work was still something of a dream and being an actor somewhat an abstract idea,” she said at a news conference alongside Mr. Sorrentino. “But during the process of making the film, it was as if I had to let go of the little girl in me,” she added.

The film’s reception was tepid at best, with The Guardian newspaper calling it a “facile” film and saying it comes close to self-parody. Trade publication IndieWire called it “a superficial meditation on the relationship between youth and beauty.”

CRONENBERG’S GHOULISH THE SHROUDS
David Cronenberg, who has made a career out of the macabre, found that making his deeply personal new film The Shrouds did not lessen the grief he feels over his wife’s death.

“I don’t really think of art, and especially I don’t think of my art as cathartic,” the longtime Canadian director known for body horror classics like The Fly and Videodrome told Reuters on Tuesday at the Cannes Film Festival.

The Shrouds, which premiered on Monday evening, marks Mr. Cronenberg’s seventh time competing for the festival’s top prize, the Palme d’Or.

“The film is funny as well as being sad. It’s a desire to, to play with the figurines in the sandbox, you know, and re-live things the way children do,” Mr. Cronenberg said.

“If you’re grieving, it does not lessen the grief. But it means that you’re addressing it and acknowledging it and playing with it in a way,” he added.

Mr. Cronenberg began writing The Shrouds as a tribute to his wife of more than four decades after she died in 2017.

Vincent Cassel stars as Karsh, a widower who has created a technology that allows relatives to watch their loved one decompose in the grave after his own wife died of cancer.

His dead wife, played by Diane Kruger, comes to him as a vision when he observes her body from an app. He notices strange growths on the body, kicking off a search for answers joined by his conspiracy-aroused sister-in-law, also portrayed by Ms. Kruger, and her paranoid ex-husband, played by Guy Pearce.

Mr. Cronenberg said that The Shrouds may not be the most approachable film in how it handles the topic of life and death. “People who are used to, you know, normal TV or streaming series and stuff might find the approach to life in this film to be unusual and edgy, and I accept that,” said Mr. Cronenberg.

“I mean, most of my films have had that, you know, tone.”

Critics were disappointed, with entertainment news website Deadline writing: “Whatever else you may expect of Cronenberg as a distinctive auteur — wry humor, a measured pace, exultant wallowing in foul goo — you’re not expecting the narrative to explode into bits. That really is a new kind of ick.”

RYOO’S VETERAN SEQUEL
Nine years after his box office hit Veteran, South Korean filmmaker Ryoo Seung-wan is bringing the Violent Crime Investigation Division back to the big screen with Veteran 2.

The action-thriller, which also goes by the title I, the Executioner and stars Hwang Jung-min and Jung Hae-in, had its world premiere at the Cannes Film Festival, where it is showing out of competition, shortly after midnight on Tuesday.

Veteran actor Mr. Hwang, 53, one of Korea’s highest-paid movie stars, reprises the role of detective Seo Do-cheol in the new film while Snowdrop and Something in the Rain star Mr. Jung, 36, takes on the role of mysterious rookie police officer Park Sun-woo, who is brought in to help catch a serial killer targeting criminals.

Complicating the investigators’ work is an increasing number of social media influencers who livestream from crime scenes in the hope of gaining clicks, likes, and new followers.

“There are a lot of events happening right now, not only in Korea, but all over the world, that involve fake news, situations where information is oversaturated, where there is confusion about what is true, and I thought I would take those things and try to merge them together,” said Mr. Ryoo.

Detective Seo and his squad are overworked and underpaid, with high gas prices biting particularly hard — something audiences can relate to, said Mr. Ryoo, who wrote both films.

He also promised that audiences would not be disappointed by the new film’s action scenes. “I wanted to make sure that when the audience watches the movie, they feel like they’re seeing these type of action scenes for the first time,” he said.

The most important part is making sure audiences love the film enough that a third instalment can be made, he said.

However: “Nothing has been decided yet, apart from our will to make another movie,” he said, promising that it would take less than nine years this time to deliver a third film.

ANORA TO DESTIGMATIZE SEX WORK
Part of director Sean Baker’s aim in making Anora, a darkly funny and touching drama about a young exotic dancer who becomes involved with a Russian oligarch’s son, was to remove the stigma surrounding sex work, he said on Wednesday.

“It’s important to explore what sex work is in the modern age,” Mr. Baker told journalists at the Cannes Film Festival, where the competition film premiered on Tuesday. “It’s a career and job that should be respected. In my opinion — de criminalized — it’s up to them to decide.”

Mr. Baker said he was introduced to the adult film world while doing research for 2012’s Starlet.

“There’s a million stories to be told in that world,” he said.

Anora continues a streak of sex worker-focused films by Mr. Baker, including the 2021 Cannes entry Red Rocket and 2017’s The Florida Project, that he has no plans of stopping.

“We’ve already been talking about the next one, and it involves a sex worker. So let’s see what happens,” he said.

Anora stars Mikey Madison as the titular character, who meets Vanya, the immature son of a Russian oligarch with seemingly unlimited money, while working at a strip club. Vanya, played by Mark Eydelshteyn, hires Anora to be his girlfriend for a week, deciding on a whim to take his private plane to party in Las Vegas, where they get married. That decision upsets his disapproving parents so much that they jet over from Russia to ensure he gets an annulment.

Reviews were positive, with The Guardian newspaper giving the “stellar” film four out of five stars and The Hollywood Reporter calling it “a very satisfying watch, deftly commenting on questions of class, privilege, and the wealth divide.”

Shooting the sex scenes was a collaborative process that involved the actors’ input, said Madison, who opted not to use an intimacy coordinator or bring in a stunt double.

“Those scenes were fun to shoot and all of the lap dance scenes were very fun to shoot as well,” Madison said.

Mr. Baker said he would support an actor’s decision to use an intimacy coordinator — who helps choreograph TV and movie scenes involving sex or nudity and ensures actors are not exploited — but was comfortable directing a sex scene without one.

“Our number one priority is to keep our actors safe, protected, comfortable, and involved in the process,” he said. — Reuters