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PHL draws foreign interest in hydrogen contracts

PHILSTAR FILE PHOTO

MULTIPLE COMPANIES from Australia, Europe, and North America have shown interest in bidding for hydrogen contracts in the Philippines, the Department of Energy (DoE) said.

“(The department was) pleasantly surprised by the level of interest in the areas we are bidding out for hydrogen exploration,” Energy Undersecretary Alessandro O. Sales said in a virtual briefing last week.

In February, the Energy department launched the bidding for coal, petroleum, and native hydrogen exploration in the Bangsamoro Autonomous Region in Muslim Mindanao and other parts of the country.

Under the 2024 Philippine bid round, two pre-determined areas for native hydrogen adjacent to the northern portion of the Zambales Ophiolite Complex and the western portion of Central Luzon are up for bidding.

Both are located in the provinces of Zambales and Pangasinan, covering an estimated 134,096 hectares and 96,439 hectares, respectively.

The deadline for the submission of bids for native hydrogen is Aug. 27.

“These hydrogen contracts are in fact novel in today’s world because, apparently, it’s only the Philippines that has bid an area purposely for hydrogen exploration,” Mr. Sales said.

The DoE recognizes the role of hydrogen in the energy transition “as an innovation capable of meeting future energy demand with various applications in the power, transportation, commercial, and industrial sectors,” the department said.

It organized the Hydrogen Energy Industry Committee to oversee the implementation of a circular dated Jan. 12, which provides the national policy framework and roadmap for hydrogen development.

“The naturally occurring hydrogen has been discovered in Mali and in France so that explains also the high interest in the part of the Europeans. I am sure that even our East Asian neighbors will also be looking at the opportunities in this area,” Energy Secretary Raphael P.M. Lotilla said.

Mr. Sales said that “Japan is moving forward with hydrogen but from a different point of view that is manufacturing hydrogen and as well as China, that is their direction to manufacture hydrogen from electrolysis.”

“But what we’re doing is enabling the other side of it, producing naturally occurring hydrogen,” he said. — Sheldeen Joy Talavera

Expanding universe

The MG G50 Plus MPV starts from P1,048,888. — PHOTO BY KAP MACEDA AGUILA

SAIC Motor PHL fields ‘segment-first’ MG3 hybrid hatch and new MG G50 Plus MPV

By Dylan Afuang

WIDELY CONSIDERED to be strong-selling vehicle classes here are the subcompact and multi-purpose vehicle (MPV) segments. Local MG distributor SAIC Motor Philippines recently fielded the MG 3 and G50 Plus in these two sectors, respectively.

The 3 subcompact hatchback banners a “first-in-class” hybrid-electric power (in addition to an entry-level internal combustion engine) iteration, while the G50 Plus MPV is intended for families with its seven- or eight-seater cabin configurations.

“These are game-changers in their respective segments,” SAIC Motor Philippines Marketing Director Dax Avenido boasted during the vehicles’ media introduction and market launch in Makati City.

“The MG 3 is the first in its segment to feature a hybrid engine,” Product and Logistics Manager Glenn Tacardon continued, adding that it is “designed for first-time car buyers, blending advanced features and top-notch performance at unbeatable prices.”

As for the MG G50 Plus, Mr. Tacardon highlighted that the vehicle “delivers excellent value, exceptional performance, and everyday flexibility to meet the diverse needs of modern families and businesses.”

The 3 range starts with the Standard MT (P678,888), then goes up to Comfort CVT (P828,888), Luxury CVT (P898,888), all the way to the range-topping Hybrid+ model (P1,088,888).

The G50 Plus guises come in entry-level Standard MT (P1,048,888), Comfort (P1,188,888), and top-of-the-line Lux (P1,288,888).

With regard to the 3’s highlight powertrain, it’s a 1.5-liter non-turbo gasoline engine paired with an electric motor. It gets a three-speed hybrid transmission that spins the front wheels. The total system output is 187hp.

Moving down the range, the hatchback uses a 1.5-liter naturally aspirated gasoline mill that makes 118hp and 150Nm of torque and, depending on the variant, is mated to either a five-speed manual or a continuously variable transmission.

Standard equipment across the range is a seven-inch digital instrument cluster, and for the rest, bar the base variant, a 10.25-inch infotainment system with Apple CarPlay and Android Auto connectivity.

Exclusive to the 3 Luxury and Hybrid are rain-sensing wipers, a 360-degree-view camera, lane departure alert, lane watch, lane-keep assist, and a pre-collision system.

To accommodate eight or seven passengers, the G50 Plus Standard and Comfort variants’ second row comes as a sliding bench that seats three abreast, while the Lux comes with a pair of captain chairs for two. In whichever trim level, the MPV’s third row seats three.

From Standard to Lux models, they all utilize the same 1.5-liter turbo engine, which courses 179hp and 285Nm of torque to the front wheels through a six-speed manual in the base model and a seven-speed dual clutch automatic in the mid- and top-spec.

All models, apart from the base one, come with an Apple CarPlay- and Android Auto-compatible infotainment system. This system is paired with four speakers in the Standard and Comfort models, and six with Lux. Another feature unique to the G50 Plus Lux is leather-upholstered seats.

For safety, the upper two models come with a reverse camera and the base model with sensors. Standard safety equipment includes cruise control, hill start assist, tire pressure monitoring system, and stability control.

All local MG cars now come with five-year warranty, sixth-month free periodic maintenance service (PMS), and three years of free roadside assistance. On top of these, the G50 Plus offers three-year free PMS, six-year engine warranty, and five annual free safety inspections.

Hyundai opens N Pop-up store at Karrera Showroom, showcasing the Elantra N and IONIQ 5 N

Hyundai Motor Philippines Inc. (HMPH) will open its N Pop-up Store at Karrera Showroom, Bloc10 Filinvest Alabang, this summer, starting from June 15 until Aug. 19. Customers can now see the Elantra N and IONIQ 5 N in full metal at the motorsport themed café and showroom. As a renowned hub for automotive culture enthusiasts to gather, Karrera Showroom is a prime spot for Hyundai to introduce and evoke excitement behind N to the car enthusiast community.

“Hyundai is thrilled to be bringing N to Karrera Showroom. We are excited for everyone to get the chance to visit and view the Elantra N and IONIQ 5 N up close. Grounded on the three N core values which are Corner Rascal, Racetrack Capability, and Everyday Sports Car, these vehicles represent the brand’s passion for high performance. Aside from the N vehicles, exclusive N merchandise will also be available for you to purchase,” said Cecil Capacete, HMPH Managing Director.

Hyundai N is known to push the boundaries of high-performance motorsports, and the Elantra N and IONIQ 5 N epitomize the brand’s vision to Innovate Everyday. With the Elantra N’s roots in the multi-awarded Elantra N TCR, it is equipped with a powerful 2.0 turbo-charged engine paired with an 8-speed dual clutch transmission, which produces a maximum of 276hp and torque of 392nm. The award-winning IONIQ 5 N, on the other hand, is a high-performance EV powered by a dual-motor All-Wheel Drive (AWD) system. Equipped with N Grin Boost, which produces up to 650ps of power, it takes just 3.40 seconds to boost from 0 to 100-km/hr with the IONIQ 5 N. Both cars are equipped with N-exclusive features that provide its drivers with a unique and customized driving experience.

Customers can check out the Elantra N and IONIQ 5 N at Karrera Showroom, open from June 15 to Aug. 19. The N Pop-up store welcomes everyone from Tuesdays to Sundays, 9 a.m.-7 p.m.

To learn more about Hyundai N, visit https://www.hyundai.com/ph/en/hyundai-n and follow @HyundaiMotorPhilippines on Facebook and Instagram.

 


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Startup ecosystem in Southeast Asia shows signs of maturity — HubSpot study

Customer platform HubSpot recently announced the findings of a study conducted by Milieu Insight that explored the trends and innovations shaping the startup landscape in Southeast Asia and India.

HubSpot’s new report reveals that on average, about half (53%) of startups across the region found it easier to grow their businesses in the past year compared to previous years. Notably, startups recognize the need to balance growth and profitability, with the majority of regional startups agreeing that a clear path to profitability (98%) has become more important in the last year as compared to the years prior.

This resilience is characterized by an interesting dichotomy: while geographical expansion presents challenges, with 23% of startups finding it harder to enter new markets, customer acquisition and retention have become more manageable. Although 18% mentioned that acquiring customers has become more challenging, more than half (55%) of startups report improvements in customer acquisition and retention. Increased competition (31%), stricter customer demands (31%), and access to capital (29%) were cited as the key challenges to customer acquisition among those who mentioned acquiring customers have gotten harder.

“These signs of growing resilience are a testament to the region’s entrepreneurial spirit and adaptability,” Laurence Butler, global senior director of HubSpot for Startups, said. “While digital transformation has been a focus among the region’s SMBs in recent years, the digital-first nature of modern startups empowers them to swiftly adapt to volatile market conditions by leveraging data analytics and foundational technologies such as CRM platforms. Most startups now recognize the critical importance of having a clear path to profitability, marking a shift towards focusing on core markets and building robust customer relationships, which are crucial for long-term sustainability.”

The survey findings also revealed that startups in the region have built a robust foundation of technology and are leveraging their tech stack to collect, structure, and analyze customer data to drive business growth.

Almost all (99%) startups say they are using at least one CRM tool and eight in ten (81%) startups are satisfied with their tech stack. CRM platforms consolidate customer data from multiple sources, creating a single source of truth that enables brands to accurately track and measure the impact or effectiveness of their customer engagement efforts.

Consequently, 71% of startups surveyed perceive that they have an adequate amount of data at their disposal to identify new opportunities for business growth. The collective use of data and technology is not only helping drive innovation and build better customer relationships, but may have also contributed to the enhanced resilience and adaptability of startups in the backdrop of a persisting global funding winter.

The report also uncovered a disparity between countries surveyed. More than a third of startups (38%) in the Philippines reported a lack of sufficient data on their business prospects and the customer journey. Only 58% of startups in the Philippines indicated satisfaction with their tech stack, the lowest among all countries surveyed. This could have contributed to local startups’ inability to collect the right data for better decision-making and also their growth prospects. Nearly half (48%) expressed that it is more difficult than before to grow their companies, almost double the regional average of 25%.

Talent Gaps

The report also shows that startups are struggling to fill key positions, with marketing (46%), customer success (40%), as well as sales and business development (38%) roles being the most difficult to hire for among go-to-market positions.

For non-go-to-market positions, AI and machine learning engineers top the list of hardest-to-hire roles (35%), followed closely by experts in data analytics (33%), product management, (33%) and industry-specific specialists (33%). Software engineers also remain in high demand (32%).

Cost and experience are identified as the primary shortcomings in the current talent pool across the region. Other challenges include a lack of soft skills among candidates and mismatch of expectations regarding remote and hybrid working arrangements.

Role of AI

The majority of startups across the region (98%) agree that AI is important in their future strategy, particularly among those in India and Indonesia. 73% of respondents in India and 63% in Indonesia strongly agreed with this statement, the highest sentiments registered among all countries surveyed.

In terms of key opportunities, 32% of startups see AI as a way to bring products to market faster; 30% believe AI can help in delivering products more quickly; and 30% view AI as a tool to level the playing field against bigger competitors and incumbents.

These findings were based on responses from 600 startup founders and decision-makers across Singapore, Indonesia, the Philippines and India. The research was conducted from last February to March.

Shorts at the office? Go for it

DFY_SEOUL/UNSPLASH

By Sarah Carmichael

AS SUMMER heats up, the vicious debate that has held our polarized nation hostage is reaching new levels of vitriol. I’m talking, of course, about the rift between men who wear shorts to the office, and those who consider them a workwear abomination.

On the West Coast, particularly in the tech sector, wearing shorts to the office is perhaps unremarkable. But in parts of the Northeast, ask a man if wearing shorts to work is acceptable and he may well scoff, “Only for the UPS guy.”

And so every summer we’re deluged with versions of the “can we wear shorts to the office?” question. “It’s a very bizarre taboo for me,” says Derek Guy, a menswear writer and the comfortingly authoritative voice behind the @dieworkwear X account. “It’s totally normal to wear shorts, and whether you can wear them to the office depends on the office.” It may be a complete nonissue for, say, graphic designers. But white-shoe banks and law firms are another matter.

Yet more and more buttoned-up East Coasters are wondering if they can ditch the long trousers at last. They often point to global warming — last month was the hottest May on record, marking the 12th consecutive month of record temperatures. And women, after all, have long had the option of wearing floaty dresses to work (where we shiver in the air conditioning). Why can’t men show a little leg, too?

But it would seem that, whether Bermuda or cargo or athletic, pleated or denim or chino, shorts aren’t just shorts. Offices are always rife with power dynamics and pecking orders, an ecosystem worthy of David Attenborough narration.

Which forms of dress are acceptable “comes down to norms, and belief systems about professionalism, and how that’s intersected with gender, with race, and with body type and with other structures of power,” says Ben Barry, dean at the school of Fashion at Parsons/The New School. There’s a class dimension too — shorts may be more closely associated with those doing physical labor: roofers, park rangers, and yes, package deliverers.

Of course, the world of tech and startups invented its own rules. There, the power move is to dress like you don’t care. But that too sends a signal. “It wasn’t just that people were dressing down,” says Guy, “It was a symbol that you only cared about meritocracy and that you did not care about the old ways… the only things that mattered were your skills and your ideas.” Think of Mark Zuckerberg’s hoodies or Sam Bankman-Fried’s shorts-with-tube-socks combo.

Although it’s often said that women have more freedom of dress, Guy and Barry think that’s been overstated. Women’s skin tends to be sexualized in a way men’s isn’t; a woman showing “too much” thigh in an office is likely to be judged in moralistic terms. A woman might be able to get away with “formal shorts” (something of an oxymoron) at the office more readily than the average man, but a woman who completely eschews style to SBF-esque levels runs a greater degree of professional risk. And keep in mind that women didn’t have “office clothes” until relatively recently — most female labor historically happened in the home.

Yet for men, at home or out of it, some version of the dark suit has dominated for centuries — Barry points to 18th-century-born dandy Beau Brummell as the one who made it fashionable. And professional clothes seem more resistant to change than our casual attire. Even if a London barrister prefers baggy sweatpants on her weekends, she’ll still argue her cases in a white wig.

But the meaning of clothes does evolve. A century or so ago, a three-piece suit was called a lounge suit and seen as far less formal — a kind of 19th-century athleisure. Think of those grainy photos of men mountaineering in wool trousers, complete with jacket and waistcoat. And if the Patagonia vest was once a symbol of an outdoorsy lifestyle, it’s now become something else entirely: a way for desk-bound men to signal their aspiration to spend time in nature, or just a way to display their membership in a particularly preppy tribe.

So, what about the shorts? Showing skin used to be a real no-no for men in office environments. But as dress becomes more casual (a trend that’s accelerated with the adoption of remote and hybrid work) and mainstream men’s fashion increasingly appropriates from queer culture, says Barry, showing some leg is no longer seen as the same challenge to professionalism or masculinity.

Or as Guy puts it, “I don’t think it’s a big deal to see a man’s knees.”

Many younger workers agree with them. Older workers may push back on new fashions not because of any practical reason, but because they feel threatened — changing office fashions are a very visible signal that a new generation is gaining ground.

Back in 1971, Harvard Business Review surveyed readers on how’d they’d respond to a “capable young manager in a financial services company” who suddenly sports “long sideburns” and “bell-bottom trousers.” Fully half said this hippie attire warranted a managerial sit-down, and another third said if his clothes irritated people he should “change his ways or begin hunting for another job.” That leaves fewer than one in five who said his groovy threads were purely his own business.

Today’s office may no longer be quite as conformist, but the frontline of fashion is always advancing. Who would have guessed, in 1971, that half a century later we’d be dealing with naked dressing?

That’s one way to cope with global warming, I suppose.

BLOOMBERG OPINION

SEC warns vs investing in Jump Mining, BFO Trading

THE SECURITIES and Exchange Commission (SEC) has warned the public against investing in Jump Mining and BFO Trading, saying these companies are not registered with the government.

The two entities do not have licenses and prior registrations to solicit investments from the public, the corporate regulator said in two separate advisories posted on its website.

Jump Mining, Jump Mining Trade Platform, and Jumpmining International Group are allegedly offering investments through social media by engaging in mining machines, according to the SEC.

The entities are providing multicurrency mining services including Dogecoin, Litecoin, Bitcoin, and Ethereum, the regulator noted.

“(They) are currently engaged in mining machines, mining pool, and data centers allegedly located in Ohio, US, and in Hongkong,” the SEC said.

The entities offer five products that promise daily income ranging from 4.13% to 10%, with maturities of 20 to 60 days depending on the product.

Investors can also buy products that may yield higher earnings, ranging from 1.14% to 1.52% daily, but with a fixed maturity of 365 days and a purchase limit of 100.

Meanwhile, the SEC said that BFO Trading reportedly claims to be a legal company that has computing methods that can be used daily to “study the currency fluctuations and later on earn profits from transactions.”

The entity has daily income charts across four different amounts of investments ranging from P500 to P20,000 under a 90-day investment plan profit chart. It offers the investments via social media postings.

Under the 90-day plan, investors could earn P20 to P800 a day depending on their investment.

“After 90 days, the program remains active and continues to earn. As an added enticement, the investor may also receive an award of 10% (on friend’s first recharge) if he or she successfully recruits his/her friend to join the BFO platform,” the SEC said.

The SEC warned that individuals involved with the two entities could face a maximum fine of P5 million, imprisonment for up to 21 years, or both, under Republic Act No. 8799, also known as the Securities Regulation Code. — Revin Mikhael D. Ochave

Q&A: ‘The Sonet gives you better value for your money’

Kia Philippines President and ACMobility Head of Automotive Retail and Distribution Antonio ‘Toti’ Zara III — PHOTO BY KAP MACEDA AGUILA

Interview by Kap Maceda Aguila

FOLLOWING the public launch of the Kia Sonet, ACMobility Head of Automotive Retail and Distribution Antonio “Toti” Zara III spoke to “Velocity” about the expectations for the new crossover that supplants the Stonic. He expressed bullishness about how the market will receive the Sonet — particularly since it is in a price point that, the executive maintained, has been used to “settling” for hatchbacks and sedans. Here are excerpts from our exclusive interview.

VELOCITY: The Sonet will be stepping into very big shoes previously worn by the Stonic. As you also said during your presentation, this will now be Kia’s volume driver. You said this price point has been populated by hatchbacks and sedans. Historically, Filipinos have shown an affection for crossovers and SUVs. What else makes the Sonet such a compelling player, if you will, in this segment where Chinese brands are staking their claim?

TOTI ZARA: When we first launched the Stonic, it became the volume driver for Kia. More than 40% of our sales was moving through the Stonic. So, we felt it was very critical to have a model even stronger than the Stonic in this sweet spot of the market in terms of pricing. As I was sharing, up to 25% cars sold in the Philippines are in this price range, P750,000 to P1 million. Most of the cars in this price segment are sedans and hatchbacks, but we believe that’s not driven by market preference. The market really prefers an SUV, a crossover, but it’s the affordability that forces buyers into this body style. And I think that’s what the Sonet provides. We wanted to bring in a stronger product in this price range. The Sonet is higher. Its overall height is higher; the ground clearance is higher. It’s a legit crossover the market is looking for in terms of features. We’ve enhanced the features, but we tried to keep pricing the same. So, it now gives you better value for your money.

We understand there are many competitors, but intelligent variable transmission, I think, is unprecedented in the segment. We have a four-cylinder engine, unlike the others, that provides one of the best output performance in this segment. And there are many other first-class features that you won’t find in the segment — ADAS (advanced driver assistance system), for example. You have a sunroof, fully digital instrument clusters — you don’t see that in the segment. There are many other features like remote start, wireless charging, and others that you would typically find in a more expensive car. We are putting these in this sweet spot and we’re challenging all the other brands: Let’s put in these features in this price range, not in the higher price range.

So it’s about ticking more boxes? This value has typically been known in the newer Chinese players, right? They offer basically more upmarket features for the same price. So, now you’re saying that if buyers look at the Sonet, it gives you more than what you pay for?

Correct. Exactly. And now, who we’re really targeting are the millennials, Gen Zs to a certain extent, and people who are practical and progressive, and are looking for good value, but still they want innovation inside, of course.

Motherhood and mission statements

PAMANTASAN NG LUNGSOD NG MAYNILA

One dictionary defines a motherhood statement as a statement that is vague, general, and unobjectionable. It is typically used in politics or business to appease an audience without making any real promises or commitments. A motherhood statement is usually a generic statement that sounds good but provides no real substance. For example, statements like “Our country must contribute to world peace” or “We just need to love one another, and all will be fine” fall into this category. They sound good but provide no real depth or actionable solutions.

A mission statement as defined by Wikipedia is a short statement of why an organization exists, what its overall goal is, the goal of its operations: what kind of product or service it provides, its primary customers or market, and its geographical region of operation. Not only does the mission statement state what the organization will do or seek to achieve, but by being specific, it defines what the organization will not do or seek to achieve.

Clearly, motherhood statements cannot be used as mission statements.

Mission statements are quite popular, so much so that if you go to the website of any organization, you can easily find their mission statements.

In this column, we would like to elaborate on the mission statements of the three educational institutions we have been involved with, the University of Makati, the Pamantasan ng Lungsod ng Manila, and the Guagua National Colleges.

In the 1990s, Makati City took off as the premier business capital of the Philippines. However, the fruits of progress have not sufficiently trickled down to the citizens. They saw plentiful job opportunities but did not benefit from them. An indication of this is that the population of Makati triples during weekdays as people outside of Makati commute to the city to work in the companies operating in Makati.

Then Makati Mayor Jejomar Binay was aware of this lack of employment opportunities among the Makati citizens. He went on a campaign asking the businesses operating in Makati to hire more of their employees from the ranks of the residents of Makati. Their usual response was that willing as they may be to comply with the request of the mayor, many of the citizens of Makati were not qualified for the available positions.

In response, in the year 2000, as part of the strategic plan to make University of Makati (UMak) education more relevant, the administration, through then President Tomas B. Lopez, Jr., launched the Dualized University Education System (DUES) among stakeholders and partners from the government and private sector.

Basically, UMak approached the businessmen operating in Makati City and offered them partnerships in designing and implementing the professional courses of UMak. This would ensure a perfect match between what UMak teaches its students and what employers expect from their employees. Under the DUES program, UMak students are assured of several job openings upon their graduation. On the other hand, Makati employers are assured of a pool of properly educated employees from which they could draw.

In short, the mission statement of the University of Makati is to provide the education that will allow its students, the residents of Makati to qualify for the available jobs in the city of Makati.

The City of Manila, faced exactly the opposite situation of the City of Makati.

The migration of business from Manila to Makati meant the decline in the job opportunities for the citizens of Manila. Graduates of the Pamantasan ng Lungsod ng Maynila (PLM) faced the same dilemma as that of our Overseas Filipino Workers. Jobs are scarce in Manila and so upon graduation they must seek job opportunities outside of the city.

In response to this, PLM sought to be the premiere public university in the Philippines. Unlike UMak which expressed no interest in getting accreditation from the Commission on Higher Education, the Pamantasan ng Maynila sought to establish a record of academic excellence. PLM boasted of being among the top five schools nationwide in terms of board exam passing rate, and one of three public universities in the top 10 categories. This was in addition to 100% passing rates in licensure exams.

In sum, the mission statement of PLM is to confer upon its graduates impressive academic credentials so they can easily access job opportunities outside of the City of Manila.

The mission statement of the Guagua National Colleges (GNC), a community college in the town of Guagua, Pampanga, was dictated by two realities, political and social.

When the Philippines was ceded by Spain to the United States of America at the turn of the 20th century, one of the major changes in public policy mandated by the American rulers was the separation of church and state. This meant that religion could no longer be taught in the public schools.

In response, the Catholic Church of the Philippines adopted the practices of the Catholic Church of the United States of America. Parish schools were organized and religious orders, as well as Catholic lay leaders, were invited to open private Catholic schools. De La Salle University was founded in 1911 for this purpose. And so was GNC founded in 1918 by a group of teachers who used to teach in the Guagua Parish School. The first part of its mission statement was to be a school where students learn and live their Catholic faith.

The early education of our national hero Jose Rizal started with tutorials from his mother Doña Teodora, grade school at the Biñan Elementary School, and then enrolling at the Ateneo de Manila at the age of 11. Studying at the Ateneo meant that Rizal had to live separately from his family and stay at the Ateneo dormitory.

The tutoring under his mother and the quality education he received from the Biñan Elementary School enabled Rizal to stay longer with his family and still qualify to be accepted at the Ateneo. As with the Biñan Elementary School, so it is with the Guagua National Colleges. The mission of GNC is to give such a high-quality education in grade school and high school that its students can be with their families longer and still qualify for acceptance in the prestigious Catholic schools in Manila, ranging from the Ateneo de Manila to the University of Santo Tomas to San Sebastian College. (Disclosure, I studied at the GNC Grade School and was fortunate enough to be accepted at the Ateneo High School. I also served as Chairman of GNC.)

Knowing that some of its graduates may opt to study in non-Catholic schools such as the University of the Philippines (UP), GNC structured the courses on their Catholic faith such that after 10 years, the students could hold on to their faith in a secular world. As a precaution, GNC advised them to join UPSCA (UP Student Catholic Action) if they went to UP.

With respect to those students who continue to study in college, GNC presumed they intend to reside and work in Pampanga. Thus, the courses GNC designed for them, such as the traditional business administration, accounting, and engineering and the latest information technology and tourism courses would allow them easy access to job opportunities in Pampanga.

In sum, the mission statement of GNC is to impart a quality Catholic education such that its students can stay with their family longer as they study in GNC in Grade School and High School and still easily be accepted in the reputable schools in Manila or find meaningful work in Pampanga.

The mission statement is not only meaningful but measurable. GNC judges its success by the number of its graduates that are accepted in these schools and the jobs that are offered to their graduates in Pampanga.

In comparison, the mission statement of the Department of Education is as follows:

“To protect and promote the right of every Filipino to quality, equitable, culture-based, and complete basic education where students learn in a child-friendly, gender-sensitive, safe, and motivating environment; where teachers facilitate learning and constantly nurture every learner; where administrators and staff, as stewards of the institution, ensure an enabling and supportive environment for effective learning to happen and where family, community, and other stakeholders are actively engaged and share responsibility for developing life-long learners.”

Clearly this is a motherhood statement, nay a paradise statement. But then it would be impossible to craft a meaningful mission statement for the 47,000 schools under the administration of the Department of Education.

We would argue that if the schools were devolved to the local government units, then the Local Chief Executives, in consultation with their communities, could craft meaningful and measurable mission statements for the schools under their responsibility.

 

Dr. Victor S. Limlingan is a retired professor of the AIM and a fellow of the Foundation for Economic Freedom. He is presently chairman of the Cristina Research Foundation, a public policy adviser of Regina Capital Development Corp., and a member of the Philippine Stock Exchange.

In praise of Venice, subtly

MAX MARA’S Resort 2025 collection, Venetia, is a praise to Venice, without being too on-the-nose about it.

When one thinks of Venice, the conversation inevitably goes to Carnevale, so masks and a celebration of excess comes to mind. If not that, we think of gondoliers’ uniforms, so one thinks of stripes and straw boaters. Max Mara subverted these by staging their show at the historic Palazzo Ducale (painted by Monet under its French name, Le Palais Ducal).

At the June 11 show, models paraded in the palace in beiges, tans, whites —- and other neutral tones like bronze and black — echoing the stones of the edifice.

Max Mara, its flagship product being rich camel coats, did not hold back. The collection, inspired by the travels of Venetian native Marco Polo, takes cues from various stops along the Silk Road: think the Ottoman Empire, expressed in rich coats closed off with tassels, rich brocades in a little suit with white collar and cuffs, lots of flow, verve, and more than a few touches of gold.

Of note are headdresses resembling the turban worn in the famous portrait of Ottoman monarch Mehmed II, designed by milliner Stephen Jones. In statement, Mr. Jones said about the headdresses, “They are both looking backwards and looking forward and I wanted them to look effortless and light-hearted.”

He said that the hats are for the “Max Mara woman,” but also, “an elegant relaxed woman who enjoys fashion and a good sense of humor.”

Max Mara’s boutique is located at Greenbelt 3, Makati in the Philippines. — JLG

NFA palay procurement currently equivalent to 4 days’ consumption

PHILSTAR FILE PHOTO

THE National Food Authority (NFA) said its procurement of palay (unmilled rice) has hit 3.37 million 50-kilogram bags as of June 13, sufficient to meet about four days’ consumption for the rice equivalent.

In a statement, the NFA said: “This translates to approximately 168,262 metric tons (MT) of palay. The total inventory is now sufficient to cover four days of national consumption in case of emergencies or disasters,” it said.

The NFA added that the higher than target purchasing was due to the higher palay buying price approved by the NFA council in April.

The NFA Council approved a buying price for palay of P23 to P30 per kilogram (kg) for dry and clean palay and P17 to P23 per kg for fresh palay, depending on location.

“We are very pleased with the outcome of the NFA Council’s decision to raise palay procurement prices. We will continue with this program to ensure our rice farmers enjoy the fruits of their hard work,” Agriculture Secretary Francisco P. Tiu Laurel, Jr. said.

The previous purchase price for dry and wet palay was P19-P23 and P16-P19 per kg, respectively.

“We continue to scour the countryside for additional palay that we can buy to bolster the national buffer stock,” NFA Administrator Larry R. Lacson said.

The agency added that P17 billion was allocated for rice procurement this year, including funds rolled over from 2023.

“The NFA still retains around P12 billion for palay procurement in the second half of the year, despite significant purchases at higher prices in recent weeks,” it said.

Mr. Lacson has said that 60% of the NFA’s requirements will be bought during the second half.

The NFA is targeting a rice reserve of 495 thousand MT by the end of the year. — Adrian H. Halili

3 power companies eye Meralco contract for RE supply

MERALCO.COM.PH

THREE energy companies are looking to bid for Manila Electric Co.’s (Meralco) 500-megawatt (MW) renewable energy (RE) supply requirement.

Gigasol 3, Inc., Santa Cruz Solar Energy, Inc. (SCSEI), and San Roque Hydropower, Inc. (SRHI) expressed interest and participated in the pre-bid conference for Meralco’s 500-MW RE requirement on Friday last week.

Gigasol3 and SCSEI are subsidiaries of Ayala-led ACEN Corp. Gigasol3 operates a 63-MW solar farm in Palauig, Zambales, while SCSEI is developing the 500-MW solar project in San Marcelino, Zambales.

SRHI, formerly known as Strategic Power Development Corp., is a subsidiary of San Miguel Global Power Holdings Corp., serving as the administrator of the 345-MW San Roque hydroelectric power plant through an independent power producer administrator agreement.

Last month, Meralco launched the competitive selection process (CSP) for the renewable energy supply pursuant to the Energy department’s policy on renewable portfolio standards.

The CSP, a government-mandated transparent bidding process, aims to select the least-cost electricity supply. While the renewable portfolio standards mandate distribution utilities to get a portion of their energy supply from eligible renewable energy sources.

The 10-year power supply agreement resulting from the CSP will cover Meralco’s 350-MW mid-merit requirement starting February 2025, which will increase by 150 MW a year later.

Under the bid’s terms of reference, each bidder may offer a minimum contract capacity of at least 100 MW.

The deadline to submit bids is set for July 17.

Renewable energy is expected to account for 22% of Meralco’s supply portfolio by 2030.

ERC AFFIRMS RATE RESET
Meanwhile, the Energy Regulatory Commission (ERC) has denied the motions filed by various parties to conduct a reset procedure for Meralco and affirmed its decision regarding the power distributor’s reset process.

In a 3-2 vote, the ERC denied the motions filed by the National Association of Electricity Consumers for Reforms, Inc. and Romeo Junia in July 2022, according to an order released on June 14.

The ERC also denied the motion filed by former ERC Commissioner Alfredo J. Non in the same year.

“The motions sought the reconsideration of the June 2022 decision and the dismissal of the case, arguing that it was contrary to the aims and purposes of the ERC’s Rules for Setting Distribution Wheeling Rates (RDWR) and the intents of the Electric Power Industry Reform Act (EPIRA),” the regulator said in a statement on Sunday.

In June 2022, the ERC directed Meralco to refund the additional P21.77 billion to its customers, covering the period from July 2015 to June 2022.

This came as part of the approved final refund scheme to account for the lapsed regulatory years.

In denying the motions, the ERC said it found “no merit in the contentions made.”

The regulator said it “exercised its general rate-resetting authority and power” to act on applications under the EPIRA in approving Meralco’s application of its actual weighted average tariff.

“Without any definite rate-setting rules to govern the subsequent regulatory period for all entry groups under the Performance Based Regulation (PBR), the lapsed regulatory years continue to expand for all Private Distribution Utilities (PDUs), where no applicable rate was set, for approximately seven (7) years for the First Entry Group in which Meralco is included,” the ERC said.

Meralco’s controlling stakeholder, Beacon Electric Asset Holdings, Inc., is partly owned by PLDT, Inc.

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

Enhancing efficiency in fleet management

Photo from Freepik

The transportation and logistics industry is vital to global trade and commerce, and the success of many businesses depends on the sector’s growth. The increasing demand for e-commerce, projected to account for 22% of total retail sales worldwide by 2023, also places pressure on companies to enhance their operational efficiency, particularly in fleet management.

Fleet management, a practice that ensures the efficient and effective operation of a company’s vehicle fleet, encompasses a range of activities, including vehicle acquisition, maintenance, telematics, driver management, and regulatory compliance.

Hence, effective fleet management is essential for businesses that depend on transportation to manage expenses, maximize productivity, and guarantee customer satisfaction.

Developing a comprehensive fleet policy is crucial for any organization that operates a fleet of vehicles. This policy serves as the foundation for presenting strategies, defining objectives, and ensuring compliance with regulations. A comprehensive fleet policy also covers various aspects, including vehicle acquisition, maintenance, fuel management, driver safety, regulatory compliance, and environmental considerations.

In any organization, the policy serves as a guideline for making informed decisions that align with the company’s goals and regulatory requirements. The long-term benefits of a well-crafted policy far outweigh the initial challenges, making it a critical component for any organization that relies on fleet operations.

Maintaining the integrity and functionality of equipment, infrastructure, and facilities is also crucial for businesses across various industries. Prioritizing maintenance and inspections of vehicles require a structured approach to ensure optimal performance, minimize downtime, and reduce costs.

According to a study by Fleetio, issues with designated priority levels were resolved an average of eight days faster than issues without a priority value applied. This highlights the importance of prioritizing maintenance and inspections to expedite issue resolution.

Another aspect worth considering is leveraging technology and digital solutions, such as GPS tracking and telematics, both of which have transformed the way fleet management operates, providing businesses with cutting-edge tools to optimize their operations and improve efficiency.

GPS tracking allows fleet managers to monitor the location and movement of their vehicles in real time, enabling them to optimize routes, reduce fuel consumption, and improve response times.

Telematics, on the other hand, provides detailed information about vehicle performance, including speed, acceleration, and braking patterns. This data can be used to identify areas where drivers may need additional training or coaching.

According to the US Department of Energy, implementing GPS tracking can result in a fuel economy benefit of 7%-23%. GPS tracking also discourages unauthorized use of company vehicles during non-work hours, reducing fuel expenses, and wear and tear on vehicles.

The increased efficiency also enables fleet managers to manage work orders more effectively, leading to a 25% increase in the number of work orders completed per technician per day.

According to a recent survey report from Verizon Business, many fleets are struggling to maintain and improve their operations due to restricted budgets and limited resources. The rising costs such as soaring energy prices, increased cost of living, and inflation are negatively affecting 73% of fleets.

Fleet management software has been identified as highly beneficial help for businesses, according to 85% of survey respondents. They often include features such as vehicle tracking and monitoring, route optimization and scheduling, and maintenance and repair scheduling.

The global fleet management software market projection indicates a massive increase from $23.67 billion in 2023 to $79.82 billion by 2030. This growth is expected to be driven by a compound annual growth rate (CAGR) of 19% over the forecast period. In fact, the Asia-Pacific region is expected to be the fastest-growing market for fleet management software due to the expanding radio cab industry and increasing demand for mobility services.

According to the report, the rapid expansion of the fleet management software market is caused by the increasing adoption of advanced technologies such as machine learning, artificial intelligence, and cloud connectivity. These technologies enhance the functionality of fleet management, enabling real-time tracking, improved operational efficiency, and enhanced driver safety. — Mhicole A. Moral