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Philippine Urban Forum 2023: Spearheading sustainability in the country’s urban development

The public sector is on the move to developing and transforming cities by promoting sustainable urbanization in the country. However, to ensure that innovative solutions towards sustainable cities effectively address an existing housing crisis and improve urban living, a nationwide action plan is necessary.

Such solutions and such a plan have begun to form as 1,300 urban development stakeholders from the national and local government, international and local nongovernment organizations, private sector, people’s organizations, and the academe gathered at the Philippine Urban Forum 2023, spearheaded by the Department of Human Settlements and Urban Development (DHSUD) and UN-Habitat Philippines, last Oct. 5-6, 2023 at the Philippine International Convention Center in Pasay City.

As the department reported on its official publication, The Shelter, the forum covered a diverse array of topics on land use and transport planning, green building and architecture, nature-based solutions, urban planning smart tools and technologies, integrated ecosystem management and financing options for LGUs for funding local projects on urban development, among others.

DHSUD Secretary Jose Rizalino L. Acuzar, in his keynote message at the event, stressed that the government’s Pambansang Pabahay Para sa Pilipino (4PH) program, more than addressing the housing backlog, seeks to create resilient and sustainable human settlements through urban development.

“We want to make sure that all our citizens have a safe place to live, that all our sectors, including those considered the smallest in society, the poorest of the poor, participate in the planning and development. Friends and colleagues in the industry, if you can see and notice one country and one spirit, I hope we include the poorest of the poor because they are the ones who need help the most,” Mr. Acuzar said in Filipino.

“As the secretary of DHSUD, our goal is to address not only the housing needs in our country. We also want to pay attention to planning urban development in our cities and communities. We also want to address slum blighted areas and to make sure that there are enough services and infrastructure especially in our cities,” he added.

The Philippine Information Agency reported that the insights and inferences that have stemmed from the knowledge exchange between the stakeholders in the two-day forum will serve as an additional anchor point of the Philippine New Urban Agenda which underpins the implementation of science-based policies in the urban development sector.

Building resilience

One of the forum’s discussions highlighted the importance of incorporating climate resilience into project designs for a more sustainable community. According to the Climate Change Commission (CCC), nature-based solutions are key to addressing climate change. These solutions include initiatives that protect, restore, and manage natural and semi-natural ecosystems.

“Our cities are facing unprecedented challenges due to the triple planetary crises of pollution, climate change, and biodiversity loss. Urban areas compound these crises but have a fundamental role to play in reducing greenhouse gas emissions through nature-based solutions that offer innovative ways to reduce carbon emissions and enhance overall climate resilience,” CCC Commissioner Rachel Anne S. Herrera was quoted as saying.

“We need to strengthen our efforts that would champion the benefits of nature-based solutions as viable measures in saving our future and our planet. Nature-based solutions are an integral piece to the whole picture of our efforts on climate action,” she added.

Financial sustainability

Another session highlighted the significance of financial sustainability in urban development, particularly cities. In the public sector’s view, the focus on financing is seen in resilient housing. This can be done through exploring socialized housing tax, strategic public-private partnerships, and updating market value schedules.   

Also shared during the forum was the Strengthening Institutions and Empowering Localities Against Disasters and Climate Change (SHIELD) program, which is led by United Nations Development Program (UNDP) and was established to further support community resilience and sustainability in urban spaces.

This program aims to strengthen government initiatives to build community resilience by “collaborating with multiple stakeholders to unlock financing, invest in resilient development, and implement risk-informed and inclusive resilience actions.”

Also joining the forum, the Cities Development Initiative for Asia (CDIA) shared how they serve as a project preparation facility that can help cities prepare sustainable projects and attract more investments.

Other highlights

The Philippine Urban Forum also hosted training sessions tackling sustainable urban governance, covering topics such as creating climate-resilient and bankable projects and strategies for more inclusive urban development in the country.

The forum also featured an urban exhibit and gallery that showcased urban mobility projects from Mobility Awards, an organization that promotes smart and sustainable mobility. Mobility Awards emphasized through the exhibit the importance of interconnected urban governance and address inclusivity within communities.

The event concluded with the signing of the Memorandum of Understanding between the DHSUD and Department of Science and Technology (DoST).

According to the memorandum, developing integrated systems will be prioritized to automate land use and human settlement planning.

Further, it will help the local government units to create date-driven and risk-based strategies for building sustainable communities through the DHSUD’s PLANADO Program and DoST’s PlanSmart Ready to Rebuild application. — Angela Kiara S. Brillantes

Disney licensed artist Rodel Gonzalez holds sophomore exhibit

MANILA Art Show, an exhibition for the first and only Filipino artist officially licensed to paint Disney, Marvel, and Star Wars artworks, opened at the Manila Marriott Hotel in Newport World Resorts on Feb. 2 and will run until Feb. 28.

While this is just his second exhibition in the country, following last year’s showcase of pop culture characters in dry-brush technique using oil and acrylic, this artist is not new to fame. Rodel Gonzalez — also an alum of the Filipino band Side A — is both displaying his art pieces and revisiting the stage with former bandmates.

“I love to be with my family and with Side A, and I decided to hit two birds with one stone this year by having this art show and our concert. It’s like a family reunion for me,” Mr. Gonzalez told BusinessWorld during a live painting session at the exhibit launch on Feb. 2.

“What’s important for me is to create a body of work that everyone would enjoy,” he added.

His paintings in the exhibition feature popular Star Wars characters Yoda, the Stormtroopers, and Darth Vader; Marvel Cinematic Universe fan favorites Iron Man and Spiderman; and Disney princesses Elsa, Cinderella, and many others.

The paintings are done in varying sizes and mediums, such as acrylic on black paper, acrylic on canvas, acrylic on gesso board, oil on canvas, oil on gesso board, oil on aluminum, and giclee on canvas.

On Feb. 10, Mr. Gonzalez performed with his Side A bandmates in Live & Love, a Valentine concert at the Newport Performing Arts Theater.

“Art and music have lots of common denominators, especially the creative process. For me, writing a song is the same thing as approaching a blank canvas. The creative juices, eagerness, and anticipation to start are similar,” he said.

He was first accredited by Disney 15 years ago to reproduce the media giant’s iconic characters and scenarios through his paintings. These works have been sold across Disney Theme Parks, Cruise Lines, and art galleries in Japan, North America, and Europe.

Now based in Florida, Mr. Gonzalez said that the process begins at the start of each year, when Disney Consumer Products (DCP) reaches out to discuss what pieces he plans to do.

“They approve what the 35 licensed artists do so that we don’t just come up with the same things. Once I finish the painting, that’s when I can have DCP approve it to be marketed,” he said.

While he does create non-franchise works — the exhibit includes pieces like Golden Dragon and Azure Dragon in honor of the recent Chinese New Year celebration of the Year of the Dragon and elaborate paintings like El Nido Paradise and Osaka Lady which are priced a little over P1 million each — the franchise works are his personal favorites.

“Of the Marvel characters, my favorite is Iron Man. I relate to his leadership, to how he can innovate. I admire him a lot,” said Mr. Gonzalez.

As for real-life inspirations, he cites his father, Ric Gonzalez, who was a Mabini Group of Artists member, an apprentice of Fernando Amorsolo, and eventually a California-based portrait artist.

“Because of him I’ve learned to be a student of art, and I continue to study it even at 65 years old. To this day, my dad inspires me.” — Brontë H. Lacsamana

SPNEC expects surge in investor interest post MSCI PHL Small Cap Index inclusion

SP New Energy Corp. (SPNEC) is seeing increased interest in its stocks after being included in the MSCI Philippines Small Cap Index.

“Amid the MSCI Philippines Small Cap Index inclusion, investors gobbled the stock, with shares rising by 6.03% as of mid-day Feb. 13,” the company said in a statement on Tuesday.

Shares of SPNEC closed at P1.16 per share on Monday, the company said.

“The positive development for SPNEC is expected to further stimulate interest in the stock,” it said.

SPNEC has replaced MREIT, Inc. on the roster.

The MSCI Global Cap Indexes announced the changes on Monday, and these changes are scheduled to be implemented at the end of the trading day on Feb. 29.

The index is “designed to measure the performance of the small-cap segment of the Philippines market,” the MSCI said.

“With 20 constituents, it represents approximately 14% of the free-float adjusted market capitalization of the Philippines equity universe.”

MSCI rebalances its indices semiannually and quarterly.

“New York-listed MSCI has helped investors build and manage portfolios using its research-based tools and insights on risks and performance,” SPNEC said.

MGen Renewable Energy, Inc. (MGreen) recently raised its stake in SPNEC, acquiring 2.17 billion shares from Solar Philippines Power Project Holdings, Inc. for P2.5 billion, representing 4.34%.

The latest acquisition increases MGreen’s and its affiliates’ stake in SPNEC to 55.96% from 50.53% previously.

MGreen is the renewable energy arm of Meralco PowerGen Corp., a wholly owned subsidiary of Manila Electric Co. — Sheldeen Joy Talavera

DAR resolves decades old RCI Agrarian Reform cases in Nasugbu

On Jan. 30, 2024, the Department of Agrarian Reform (DAR) issued a Certificate of Finality to end almost 40 years of legal battles between landowner Roxas & Company, Inc. (RCI) and the recognized and qualified farmer Agrarian Reform Beneficiaries (ARBs). RCI owns 2,941 hectares of land in Nasugbu, Batangas that was placed under the Comprehensive Agrarian Reform Law (CARL).

The DAR’s Consolidated Order dated Dec. 29, 2023, which became final and executory on Jan. 27, 2024, will transfer the 2,941 hectares into one title and segregated the same into two equal shares after deducting portions already resolved with finality in favor of RCI, as per the compromise agreement reached with the farmer beneficiaries in 2023. The 50-50 sharing arrangement between RCI and the ARBs is a win-win for both parties as it resulted in apportioning 1,322 hectares to each party.

The DAR considered the 1999 Supreme Court decision which became final and executory as early as April 11, 2000, declaring null and void its proceedings that led to the issuance of the Certificate of Land Ownership Awards (CLOA). The SC ruling established that the ARBs are mere holders in trust of the properties for the rightful owners of the same.

The DAR further explained that the 50-50 compromise sharing arrangement reached is fair, logical, and in consonance with social justice.

As a result, RCI secured ownership rights totaling 1,619 hectares, consisting of 1,322 hectares for its 50% share and an additional 297 hectares for areas previously recovered due to cases already resolved in its favor. The Company is currently updating its masterplan for the long-term development of its landbank in light of various residential, commercial, and industrial opportunities that may now be activated resulting from the settlement of these legal issues. RCI’s land portfolio will also benefit from previously announced power and road network investments as well as a number of eco-tourism related plans of other well established real estate developers in the area.

RCI will also receive just compensation for the properties that will be awarded by DAR to the ARBs. This will be based on a formula that equitably remunerates the Company based on various factors that include verifiable land values in the localities.

 


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Practical solutions to the education crisis: The Barefoot College

BAREFOOT COLLEGE TILONIA

(Part 2)

There is much ado about the most recent results of the PISA achievement tests taken by teenage youth all over the world. The Program for International Student Assessment (PISA) assesses the knowledge and skills of 15-year-old students in mathematics, reading, and science. The tests explore how well students can solve complex problems, think critically, and communicate effectively. The Philippines participated in PISA for the first time in 2018. Unfortunately, the 2022 results showed the Filipino students remain among the world’s weakest in math, reading, and science. As in 2018, the latest PISA scores show that our students performed worse than the global average in all categories, with its placement in the country rankings (in Southeast Asia only better than Cambodia) moving up by just a few spots above countries that dropped ranks due to the COVID-19 pandemic’s impacts on student learning.

There was no significant difference in the Philippines’ performance in PISA 2022 compared to 2018, with the country’s average score in all categories changing by just single digits. The scores of the Philippine students are also still below the OECD average, although there were some slight improvements. The Philippines scored two points better in mathematics, going from 353 in 2018 to 355 in 2022. For science, the Philippine’ average score dropped by one point from 356 to 355. The biggest improvement was in reading in which the score rose from 340 to 347.

Based on the gap between the Philippines and other countries, Filipino students appear to trail behind their global counterparts, especially in the Indo-Pacific region, by an average of five to six years’ worth of schooling. Considering that today’s 15-year-olds will, in 10 years, be the ones entering the knowledge-intensive economy of a high-middle income country that the Philippines is expected to be by then, this acute learning poverty should be worrisome.

Fortunately, as we discussed in the first article of this series, there are serious efforts by the business sector, in partnership with the government and the academe, to address the roots of the education crisis, such as underinvestment in education, the poor quality of teachers, corruption in the Department of Education, etc. In the short run, however, there is no need to panic and start despairing over the present crop of workers in the labor force. There is much that can still be done to make productive use of even illiterate or half-illiterate young people among those who are already of working age.

There is hope for the households that fall below the poverty line (about 22% of the population) in which the majority of the youth do not even complete elementary education. As I pointed out in another series of articles in this publication, the global model of imparting useful skills to workers who are illiterate (using the PISA standards) is the NGO established by an Indian social activist and educator who founded the Barefoot College in India. Sanjit “Bunker” Roy was selected as one of Time Magazine’s 100 most influential personalities in 2010 for his work in educating illiterate and semi-illiterate rural Indians.

As one example of the many projects undertaken through the Barefoot College, between 2005 and 2011, 140 women, most of them grandmothers, traveled to Tilonia, India from villages in Africa to receive training as solar engineers. The African women did not know how to read or write, and none of them spoke any Indian language, and so their six-month training course was taught through sign language and color codes. Still by the end of it, they returned to their villages qualified to install, maintain, and operate household solar-powered lighting systems. They learned to install integrated circuit boards for solar home lights and off-grid solar units generating up to 500 kilowatts a day. These 140 women have brought solar electrical power to almost 10,000 rural homes in 21 African countries.

To date, the Barefoot College has trained more than 3 million people for jobs in the modern world. Bunker Roy has proved that illiterate or semi-illiterate people can be trained to be teachers, midwives, water-drillers, phone operators, blacksmiths, carpenters, masons, weavers, architects, dentists, and even doctors. What is more, all the training happened in buildings that are so rudimentary that they have dirt floors and no chairs. Indigenous students feel comfortable in such modest environments. Most of their teachers are from similar backgrounds and are graduates of the same school.

In the Philippines, there are numerous examples of NGOs imparting useful skills among illiterate or semi-illiterate people. One example with which I am very familiar is the initiative that one of my colleagues at the University of Asia and the Pacific, Dr. Veronica Ramirez, is undertaking with the cooperation of her husband, children, and friends among the Aetas in Zambales.

Let me quote directly from a report of Dr. Ramirez entitled “Accelerating Indigenous Aeta Women’s health awareness, wellbeing and economic inclusion” -— “Most of the Aetas in Castillejos (Zambales) are unschooled, only few have formal education in the lower grade levels. They end up having a family at a young age and then struggle through life with no education nor skill to earn a living for their family. To address this condition, the KAP [the foundation established by the Ramirez family] conducted a variety of capability-building projects… We identified the skills needed by the Aetas and wanted to tap local residents to teach them. We chose those who are good in their craft, who understand Aeta culture, have the patience in teaching and demonstration, and can show respect to the Aeta learners.”

Among the practical skills chosen for the training programs were:

  • Sewing. Some Aeta women were interested in learning sewing. Some of the friends of Dr. Ramirez sent textiles and other materials that could be sewn into bags, pillowcases, shorts, and blouses. Others donated sewing machines. A local seamstress conducted three-day sewing workshops. Each trainee received a sewing kit which included fabric scissors. The trainees were told that after the training, they were welcome to use the sewing machines in the training center for their livelihood.
  • Cookery. There was also a need to teach mothers how to cook nutritious and affordable food for their children, especially the very young ones whose brains will be permanently damaged if they are undernourished or malnourished at an early age. The common products the Aetas harvest from their home gardens are papaya, sweet potatoes, bananas and their blossoms, langka (jackfruit), bamboo shoots, and a variety of root crops. Some of Dr. Ramirez’s friends who know how to cook these farm products helped in teaching the Aeta women how to prepare nutritious and affordable dishes. The Aeta women were also taught the practice of cleanliness and hygiene, and the habit of wearing face masks and aprons while cooking. Best of all, they brought home their cooked dishes to their respective families.
  • Hair and nail care. The owner and operator of a beauty parlor in the neighborhood volunteered to teach the Aeta ladies the art of cutting hair. They needed special training because it is not easy to cut the kinky hair of these indigenous women. After the training, each one received a set of hair and nail care instruments.
  • Healthcare emergencies. Dr. Ramirez and her staff identified the 10 health emergencies that could occur in the mountains where the Aetas live. These are snake bites, cuts and wounds, breathing difficulty, physical collapse, severe stomach pains, severe head injury, injuries from falls from high place, cramps, burns, and arm fractures. Fortunately, there was a midwife in the community whose knowledge and skills were not limited to childbirth. She conducted the Health Emergency sessions. Each trainee received a First Aid Kit. A generous donor provided each community with a motorbike with side car (kulong kulong) for use during an emergency.

All these training and capacity building programs among illiterate or half-illiterate people, whether indigenous or not, are being replicated in poor communities all over the Philippines. I personally know of NGOs and individual social workers imparting very useful skills to indigenous people such as the Dumagats in Southern Luzon, the Mangyans in the island of Mindoro, and the Palawan tribe in Southern Palawan.

(To be continued.)

 

Bernardo M. Villegas has a Ph.D. in Economics from Harvard, is professor emeritus at the University of Asia and the Pacific, and a visiting professor at the IESE Business School in Barcelona, Spain. He was a member of the 1986 Constitutional Commission.

bernardo.villegas@uap.asia

Arts & Culture (02/14/24)


Araneta City holds Arts Month festival

ARANETA CITY is celebrating National Arts Month with “Love of Art,” a gathering of local artists and creatives presenting workshops. On Feb. 14, Khrisna Nanola-Marcos will lead a tote bag painting workshop. Meanwhile, rising Filipina saxophonist Cyndi Datu will serenade mallgoers at the Gateway Mall 1 activity area on Feb. 14 and at the Oasis Garden of Gateway on the evenings from Feb. 14 to 16.


Artists from Batangas combine music and visual art

THE “PLAYLIST 3: Symphony of Sight and Sound” exhibit at ARTablado in Robinsons Galleria will feature two artist groups from Batangas and their works inspired by movie soundtracks. From Arte Bauan are Yelcast, Ada Panopio, Windsor Magnaye, Jerwind Magnaye, Cheyzer Manalo, Ruby Bagsit, Sarah Jane Tumambing, Bill Perez, Batilyo, and Doy Kastilyo. From Arte Likha are Temyong, John Kier Contacte, Justin Magbojos, Joy Bagay, Sleygh, and Ria Manalo. There will be codes next to each piece that viewers can scan to hear the soundtrack that served as their inspiration. The exhibit is on view at ARTablado in Robinsons Galleria until Feb. 15.


Filipino dancer-filmmaker lectures on colonialism

AWARD-WINNING documentary filmmaker and ethnographer Patrick Alcedo will share his insights on the Philippine dance diaspora and its effect on the identity of Filipinos in a free online lecture on Feb. 16, 1 p.m. The industry practitioner will impart his expertise on the histories of colonialism and imperialism in the islands. He will likewise discuss the traditions and stories encapsulated in the Philippine folk and contemporary forms. The public discussion will be hosted by the Dance Program students of the De La Salle-College of Saint Benilde (DLS-CSB) School of Arts, Culture, and Performance in a webinar interview HISTOPHTV. It is an online platform that features prominent personalities and figures in the dance industry. Mr. Alcedo is the Dance Department chairperson of York University in Toronto, Canada. Interested participants may register at https://forms.gle/1A7duJxo5urcDcCB6.


Literary translations talk at Instituto Cervantes

SPANISH cultural center Instituto Cervantes will  present a roundtable discussion titled “The Challenges of Literary Translations,” with literary translators Luis Castellví, Marlon James Sales, Alice Sun-Cua, and publisher Andrea Pasion-Flores. Following the recent publication of Nick Joaquin’s literary work in Spain, La mujer con dos ombligos: Cuentos y leyendas de Filipinas, they will hold an in-depth discussion centering on the challenges translators face on their tasks of translating literature. The event is in collaboration with the Embassy of Spain in the Philippines and the University of the Philippines’ Department of European Languages. It will be held at Instituto Cervantes’ branch in Intramuros on Feb. 19 at 2 p.m. Admission is free, and seating is on a first come, first served basis.


NCCA Gallery opens ‘KableArt’ and ‘DUGÓNGGINTÔ’

TWO solo exhibitions are on view at the National Commission for Culture and the Arts (NCCA) Gallery this Arts Month. “Coaxing Gestures, Transverse Visuals: The KableArt of Ruben Jasareno” showcases Mr. Jasareno’s creative approach to upcycled coaxial cables and wires that are mounted to evoke narratives of Philippine landscapes. Meanwhile, “DUGÓNGGINTÔ” highlights the craftsmanship of goldsmith Ely “Oslog” Arcilla, Jr. in collaboration with jewelry designer Adam Pereyra, as curated by Marian Pastor Roces. Both exhibitions run until Feb. 29 at the NCCA Gallery, located on the Ground Floor of the NCCA Bldg., General Luna St., Intramuros, Manila.


Rama, Hari returns for ARDP’s 2024 dance season

AFTER a highly acclaimed 2023 run, the concert-ballet Rama, Hari returns onstage by popular demand, opening the 2024 season of Alice Reyes Dance Philippines (ARDP). The production is the only collaboration that features the work of five National Artists: Alice Reyes for the direction and choreography, Ryan Cayabyab for the music, Bienvenido Lumbera for the libretto, Salvador Bernal for the production design, and Rolando Tinio for the English lyric translations. The production, which has both singers and dancers portraying each role, features singers Arman Ferrer and Vien King and dancers Richardson Yaado and Ejay Arisola as Rama; and singers Karylle Tatlonghari, Shiela Valderrama-Martinez, and Nica Tupas and dancers Monica Gana and Katrene San Miguel as Sita. There will be 2 p.m. and 7:30 p.m. shows from Feb. 16 to 18 and Feb. 23 to 25 at the Samsung Performing Arts Theater in Circuit, Makati. Reserve tickets via TicketWorld or ardancephilippinesinc@gmail.com.


Silverlens to represent three distinguished artists

SILVERLENS recently announced that it is representing artists Imelda Cajipe Endaya, Keka Enriquez, and Catalina Africa. This year, Ms. Endaya will unveil a solo exhibition at Silverlens Manila and debut at Art Basel Hong Kong, while Ms. Africa and Ms. Enriquez will participate in Silverlens’ Art Fair Philippines presentation. “As the gallery turns 20 years old in Manila, we continue to represent who we feel are excellent visual voices from the Philippines and her diaspora. We look forward to all the good things that will surely come out of these partnerships,” said Silverlens co-directors Isa Lorenzo and Rachel Rillo in a statement.


Balesin Art Fair to be held this month

THE BALESIN Art Fair will be held from Feb. 23 to 25, at the Balesin Island Club in Pollilo, Quezon, and at The City Club in Alphaland Makati Place on Ayala Ave., Makati City. Participating artists include Roel Obemio, Carlo Magno, Migs Villanueva, Francis Nacion, Omi Reyes, Anna de Leon, Christian Mirang, Edgar Doctor, Joy Rojas, Melissa Villaseñor, Tess Aligaen, Melissa Yeung Yap, Julie Gil, Helena Alegre, Amado Hidalgo, and Celeste Lecaroz. “The first venue — which is in the middle of the breathtaking natural beauty of Balesin Island — promises an unparalleled artistic experience in a setting that can only be described as ‘unique in the world.’ The second venue, which is nestled in the heart of Makati, is where the vibrant pulse of the city intertwines seamlessly with the captivating world of art,” said organizer Galerie Francesca in a statement. For inquiries, e-mail info@galeriefrancesca.com.

Maynilad gearing up to tap 2 Cavite rivers for treatment plants

MAYNILADWATER.COM.PH

MAYNILAD WATER Services, Inc. announced on Tuesday a partnership with the Department of Environment and Natural Resources (DENR)-Environmental Management Bureau and the city government of Imus to harmonize projects related to the rehabilitation and management of two rivers in Cavite.

Maynilad is tapping the Julian and Imus rivers as raw water sources for its two modular treatment plants (ModTPs), the company said in a statement.

“Once fully operational, both plants can serve the water requirements of around 132,000 customers in the area,” the company said.

The partnership aims to conduct periodic community waterway cleanups and mangrove planting, provide cleaning materials for the river rangers, and implement community development projects, it noted.

Last year, the company said it set aside P3.2 billion for building four ModTPs in Cavite. These plants are expected to produce a total of 47 million liters of water every day.

ModTPs are part of Maynilad’s service enhancement program, which aims to tackle water security challenges.

Maynilad serves Manila, except for parts of San Andres and Sta. Ana.

It also operates in Quezon City, Makati, Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas, and Malabon. Additionally, it supplies water to the cities of Cavite, Bacoor, and Imus, as well as the towns of Kawit, Noveleta, and Rosario, all located 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

Early US Fed rate cuts unlikely — financial council

PHILIPPINE STAR/ WALTER BOLLOZOS

THE US Federal Reserve is unlikely to cut key rates soon, the Financial Stability Coordination Council (FSCC) said on Tuesday, easing pressure on the Philippine central bank to follow suit.

The Fed could even deliver another rate increase, the council said in its 2023 financial stability report.

“Any expectation of an early rate cut is optimistic,” the FSCC said. “It is more likely that the Fed will keep its policy rates elevated over a longer period than expected by the market.”

Last week, the US Federal Open Market Committee kept interest rates steady for the fourth straight meeting. The target Fed fund rate is at 5.25-5.5% after the US central bank increased it by 525 basis points (bps) from March 2022 to July 2023.

Despite aggressive rate increases, market players have yet to see a global recession led by the US, leading investors to put more money in riskier investments and adopt a “risk-on” stance, the FSCC said.

“Markets though are fickle and arguably, with a heightened state of interconnectedness, increasingly fickle,” the council said. “Things can change in timing and magnitude with fresh economic data or if stakeholders misread the pronouncements of authorities.”

The council noted that even though the Fed acknowledged in December that the rate hike cycle is near its peak, the US central bank is also looking for further assurance that inflation is firmly heading toward its 2% target.

“We believe that the assurance being sought by the Fed requires that declining inflation be accompanied by a softening labor market,” the council said. “This is not yet the case, with employers adding a stronger-than-expected 216,000 in nonfarm payroll for the month of December.”

The interagency body also noted that while US inflation has eased and the impact of the Fed’s rate increases has not been as distinct, “the task of calibrating the economy with the policy rate is not yet complete.”

“This is why most central banks do not take off the table the possibility of yet another rate hike,” it added.

The FSCC is an interagency council composed of the Bangko Sentral ng Pilipinas (BSP), Department of Finance, Insurance Commission, Philippine Deposit Insurance Corp. and Securities and Exchange Commission.

The body regularly meets to evaluate potential systemic risks in the financial system and come up with macroprudential policy interventions to mitigate the risks.

BSP tightened borrowing costs by 450 bps from May 2022 to October 2023, bringing the key rate to 6.5%, the highest in 16 years.

Fifteen of 17 analysts in a BusinessWorld poll last week expected the Monetary Board to keep policy rates steady. — Keisha B. Ta-asan

Responsible response to another natural calamity

PCOO

The landslide that happened on Feb. 6 in Maco, Davao de Oro was most unfortunate. Continuous heavy rains poured into the area due to the northeast monsoon and a trough of low-pressure that affected the Davao Region, northern Mindanao, Caraga, and BARMM.

We condole and commiserate with the families of those who perished, and with entire communities that have been devastated by the tragedy.

In a time of grief, we look for some consolation. In the landslide’s aftermath, we observed how the local government unit, the private sector — specifically Apex Mining, the company operating in the area — and the local community have been working together in the spirit of bayanihan (communal unity and cooperation). Survivors in the community are helping in the search and rescue operation. Apex Mining, despite being allowed to continue mining operations, has, out of its own volition, limited its normal operations so it could fully support the provincial government of Davao de Oro in its rescue efforts and focus on the needs of the people, though outside of the area in which it operates.

Unfortunately, the incident has also prompted some groups to play the blame game, pointing to “destructive” mining operations and, specifically, Apex Mining, for the tragedy. But the Department of Environment and Natural Resources itself already said that the landslide was caused by “natural” circumstances triggered by weeks of heavy rain and the incident happened in a residential area that is outside of the Apex mining site.

The speculation and finger pointing that have been happening are counterproductive to the entire objective of addressing the immediate need for rescue, enabling the community to recover from the tragedy, and making it resilient to future disasters.

RESPONSIBLE MINING
The environmental impact of mining operations has been an age-old controversy that has been addressed by great advances in technology, and strict regulation to ensure responsible mining practice. By virtue of the existence of mining laws in our country, it has been established and accepted that mining could be good for the country, if it is done responsibly.

Foremost, mining contributes to local economic growth. Responsible mining companies play a significant role in driving local economic growth by creating employment opportunities, fostering business development, and investing in community infrastructure and services. All these happen in very remote areas that otherwise would remain undeveloped.

By promoting local entrepreneurship and providing sustainable livelihood opportunities, mining companies contribute to poverty reduction and socioeconomic empowerment, enabling communities to become more resilient in the face of challenges.

Second, mining companies play a role in local community disaster response. During times of disaster, mining companies can leverage their resources and expertise to swiftly respond to emergencies, offering essential aid such as food, shelter, medical supplies, and logistical support.

This was exactly what the Davao de Oro incident showed. In the event of disasters, mining companies together with other private firms, can use whatever is at their disposal to respond promptly and effectively to emergencies. Irrespective of their geographical location, private companies can collaborate and pool their resources to initiate a collective effort in times of disaster. Despite being from different regions, mining companies extended their support and assistance to the affected community.

The collaborative effort among mining companies underscores the importance of collective action and partnership in addressing complex challenges and crises. By working together, these companies are able to maximize their impact and coordinate their efforts more efficiently, ultimately contributing to more effective disaster response and recovery efforts.

Finally, mining companies contribute to sustainable and climate resilient local infrastructure. They are able to do this through their Social Development and Management Program (SDMP), which serves as a key mechanism for fostering community development and addressing environmental and social concerns. Projects under this program are designed to align with the United Nations’ Sustainable Development Goals (SDGs). By investing in climate-resilient infrastructure projects through their SDMP, mining companies contribute to the achievement of SDGs related to climate action (SDG 13) and sustainable cities and communities (SDG 11).

Climate change and the increasing frequency of natural disasters highlight the urgent need for climate and disaster-resilient infrastructure. Meanwhile, mining industry-led climate and disaster-resilient infrastructure would help mitigate risks associated with climate change by reducing their host communities’ vulnerability. By incorporating climate data and projections into infrastructure planning and design, communities can identify potential risks and implement measures to enhance resilience.

There are several lessons learned from this tragic landslide. Barangay Masara, where the landslide happened, is considered a danger zone. However, the Office of Civil Defense — Davao region chief said people still preferred to live here for its proximity to their work. The disaster risk reduction management officer said people had already been relocated to another place but eventually returned.

It is but natural for people to want to live close to their livelihood — provided, of course, that they are aware of the risks and there are safety and disaster response protocols in place. This serves as a challenge for LGUs on how they should ensure the safety of their citizens who persist in living and working in hazard zones within their jurisdiction.

 

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

Celebrating Valentine’s Day


Valentine’s in Cebu

AT THE NUSTAR Resort and Casino in Cebu, the homegrown five-star Fili hotel has romance going up a level. At the Fili Lobby Lounge, check out the Royal Valentine’s Afternoon Tea with sparkling wine, at P2430++ per person. There are also Valentine Gift Set hampers, filled with treats and surprises, as well as Valentine-themed cakes and drinks. At Xin Tian Di, there’s a Valentine’s Special Menu, available on Feb. 14 and 15 for P2,180 per person. At the Fili Cafe, the buffet is available between 6 to 10 p.m. for P2,490 per person, with a band playing in the background. At Axis Entertainment and Sports Bar, the Revel Band plays while special Valentine’s Day cocktails are up for grabs. Il Primo offers a meat-centric feast with sparkling wine for P3,999 per person. Finally, at Mott 32, the Cebu branch of the Hong Kong two Michelin-starred favorite, the six-course Valentine’s Day set menu features Scallop Dumplings with caviar and Traditional Iberico Pork Shanghainese Soup Dumplings, Wok-Fried King Prawn and Signature Smoked Black Cod, Diced Australian Wagyu Beef Fried Rice, and Sweetened Mango Soup, for P5588++ per person, with a minimum of two persons per booking. For inquiries and table reservations, contact NUSTAR Restaurant Reservations at (032) 888-8282.


Love is on the menu at Richmonde Hotel Ortigas

ON FEB. 14, Richmonde Hotel Ortigas’ Richmonde Café ignites passionate emotions with “Love on the Menu.” For P2,900 nett per person, this includes assorted starters at the grazing table, a charcuterie board for two, a choice of US grilled ribeye steak or pan-seared gindara cooked a la minute as the entrée, a dessert buffet, and a glass of house wine. Dinner is served from 6 to 10 p.m. Live musical entertainment sets the mood. For singles, The Exchange has a special party from 7 to 10 p.m. with a buffet of cocktail bites, unlimited servings of local beer, featured mix drinks, soda, and iced tea, and live music. Tickets are P1,480 nett. The hotel’s Valentine’s Day room package is available from Feb. 12 to 29, and priced at P4,999 nett. It includes overnight accommodations, a breakfast buffet for two, Richmonde’s petite signature moist chocolate cake, a Richie Bear stuffed toy, complimentary use of the gym and heated indoor pool, plus 20% discount on the special Valentine’s Day dinner at Richmonde Café. For inquiries and reservations, call 8638-7777 or 0917-534-4352.


‘Romance on a plate’ at Eastwood Richmonde Hotel

“ROMANCE on a Plate” is served on Feb. 14 at the Eastwood Café+Bar at the Eastwood Richmonde Hotel. For P2,750 nett per person, this includes a grazing table with an assortment of appetizers, salads, soups, and a wide array of desserts, and a choice of US ribeye with tiger prawns or pan-seared salmon fillet with scallops, freshly prepared at the live cooking station. The menu also comes with drink selections like a glass of sparkling wine or single malt whisky, glass of house red or white wine, non-alcoholic drinks, and coffee or tea. Ladies also get a Heart’s Glaze Valentine Cake as a souvenir, while everyone gets the chance to win hotel stays and lunch buffet gift certificates in a raffle. Providing live music are the Xzezzionz Duo and a violinist. Dinner is served from 6 p.m. to 10 p.m. Meanwhile, couples can enjoy a relaxing stay in Richmonde’s newly renovated rooms for the Valentine’s Day Getaway package, at rates starting at P5,900 nett. This includes a breakfast buffet for two, a Heart’s Glaze Valentine Cake token, complimentary use of the gym and rooftop pool, complimentary parking for one vehicle, and a free upgrade to the next room category for superior and deluxe room bookings. Lovers staying on Feb. 14 may also avail themselves of the special 20% discount on the Valentine’s Day Dinner at Eastwood Café+Bar. The room package is available from Feb. 14 to 19. For inquires, call 6570-7777 or 0917-531-6867 or e-mail stay@eastwoodrichmonde.com.


Cupid’s special at Taco Bell

THIS SEASON of love, Taco Bell cooked up the Cupid’s Choice Valentine’s Special Combo, available for a limited only. The offer includes one Crunchy Taco Supreme, one Burrito Shawarma, one serving of Oreo Chocodilla, a side of Nachos Sprinkle, and two servings of Ruby Fruity Freeze for dine-in or two 12 oz. servings of soda for delivery, for P499. The Crunchy Taco Supreme is made with a crunchy taco shell filled with Mexican-style ground beef, topped with a special sauce, and then garnished with shredded fresh lettuce, diced tomatoes, and grated cheddar cheese. The Middle East-inspired Shawarma Burrito, made with Mexican-style ground beef topped with diced onions, tomatoes, and cucumber, and drizzled with Taco Bell’s garlic sauce, is encased in a soft tortilla wrap. Finally, the Oreo Chocodilla is made with melted dark chocolate, marshmallows, and chunks of crushed Oreo cookies, all nestled in a lightly grilled tortilla wrap. The Cupid’s Choice Valentine’s Special Combo is available until Feb. 29 only.


Goldilocks’ heart-shaped cake

GOLDILOCKS’ newest offering, the Choco Caramel Valentine is available this February. This heart-shaped chocolate cake is draped in caramel and crowned with rosettes. This is available for P520 and is only available until Feb. 29. Visit a Goldilocks store or order via GrabFood and FoodPanda or through www.goldilocksdelivery.ph.


Red Velvet from Red Ribbon

FOR LOVE to further blossom starting Valentine’s Day, there’s Red Ribbon’s New Valentine Red Velvet which comes in a rose bouquet design. The heart-shaped cake is made with layers of white and red chiffon, combined with cream cheese icing, covered in red velvet crumbs and topped with icing roses. The cake is available at all Red Ribbon stores in Luzon and Mindanao and select stores in Visayas starting Feb. 13 for a limited time only. It can be ordered via the Red Ribbon app and the delivery website (order.redribbon.ph) or via the GrabFood and foodpanda apps. Prices start at P500 for the junior size, and P779 for the regular size.

Revitalizing a significant stream towards a more developed Metro Manila

Artist's perspective of the Pasig Bigyang Buhay Muli Project — dhsud.gov.ph

The Pasig River depicted in Jose Rizal’s novels from the 1800s with trees and clean water is very different from the one people see at present.

The 27-kilometer stream flowing from Laguna de Bay through the National Capital Region and then into Manila Bay was declared biologically dead in the 1990s. This is why the Philippine government launched several rehabilitation initiatives throughout the years to clean up and salvage Manila’s iconic waterway.

Through the Pasig River Rehabilitation Commission, instituted in 1999 and abolished in 2018, along with advocates and private institutions, the river once again started showing signs of life with thriving biodiversity and vegetation, and an operating ferry system that passengers can ride for free.

To further the growth and revival of the Pasig River, President Ferdinand “Bongbong” Marcos, Jr. issued Executive Order No. 35 constituting the Inter-Agency Council for the Pasig River Urban Development (IAC-PRUD) chaired by Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Rizalino L. Acuzar.

“The issuance of Executive Order 35 is like hitting many birds with one stone. It will trigger huge positive impacts to several sectors like housing, transportation, and even tourism,” Mr. Acuzar was quoted as saying in the department’s website.

The IAC-PRUD is mandated to rehabilitate the banks along the river with the end view of maximizing its full potential in the areas of tourism, recreation, transportation, and sustainable human settlement. The interagency council presented its master plan to Malacañang dubbed as Pasig Bigyang Buhay Muli (PBBM) Project in August last year.

The DHSUD and the council aim to create commercial hubs and public parks in strategic locations on the 27-kilometer stretch of the river. They also identified eight key areas where people-centric improvements as well as recreational and wellness centers can be constructed. Along with these projects, the DHSUD is also eyeing the creation of jogging paths and bike lanes that traverse all the major cities from Metro Manila to Rizal.

The relocation of informal settler families (ISFs), which is included in the IAC-PRUD’s masterplan to improve quality of life, will be undertaken as part of the flagship Pambansang Pabahay Para sa Pilipino Program being implemented also by the DHSUD.

These resettlements will be done in collaboration with other national government agencies like the Philippine Ports Authority (PPA), the Philippine Coast Guard (PCG), and the Laguna Lake Development Authority (LLDA).

There are already two proposed major housing projects for ISF that will be affected by the rehabilitation of the river: the first one, in collaboration with the PPA, will be in Manila; and the second will be at Lupang Arenda in Rizal with help from the LLDA.

Recently, the DHSUD unveiled the first phase of the PBBM project, merely six months after inspecting the area and getting approval for the master plan. On Jan. 18, Mr. Acuzar along with President Marcos and First Lady Liza Araneta-Marcos inaugurated the showcase area of the Pasig River urban development project in Manila.

Spanning almost 500 meters behind the Manila Central Post Office building, the newly constructed Pasig River site will serve as a public park complete with a water fountain accented by lighting, sitting areas that can also serve as an open-air venue for events, and a pedestrian-friendly walkway.

The showcase area is highlighted by a transition bridge under the Jones Bridge that will ensure seamless connectivity from Manila Bay’s north harbor to Laguna de Bay. The once-dark and neglected bank of the Pasig River has been illuminated by the installation of vintage Victorian lamp posts and statues.

“This is not just a beautification project; we intend to implement functional development along the Pasig River that will promote tourism and transportation connectivity for the benefit of ordinary Filipinos. This is only the first phase, you can rely on us to progress in this project,” Mr. Acuzar said in mixed English and Filipino during his speech at the inauguration of the new river park.

Eight other showcase areas, similar to the one in Manila, will be built along key areas of the Pasig River “to provide people with the ideal environment to enjoy a day or evening with their family or friends in a well-lit open-space, park-like setting,” Mr. Acuzar added.

The PBBM project is estimated to be completed between 2027 and 2029 and will be funded through private donations.

Other members of the IAC-PRUD include the secretaries of the Department of Public Works and Highways, the Department of Environment and Natural Resources, the Department of Interior and Local Government, the Department of Transportation, the Department of Tourism, the Department of Finance, and the Department of Budget and Management; the chairpersons of the National Historical Commission of the Philippines and the National Commission for Culture and the Arts; the general manager of the PPA and the LLDA; the commandant of the PCG; and the chief executive officer of the Tourism Infrastructure and Enterprise Zone Authority; with the National Housing Authority serving as the secretariat. — Jomarc Angelo M. Corpuz

RE firm to study viability of micro-hydropower systems in 20 locations 

RENEWABLE ENERGY (RE) company BPE Corp. (BPEC) is gearing up to conduct feasibility studies for micro-hydropower systems at 20 potential sites across Bulacan, Davao, and Pangasinan provinces, the company’s president said on Tuesday.

“We’re going to start our [feasibility studies] this month in Pangasinan…, Bulacan, and in several irrigation systems in Davao,” BPEC President Frits T. Delgado told BusinessWorld on the sidelines of a water investment forum.

BPEC is a renewable energy company based in Pasig backed by BlueCap Hydro Group of Hague, Netherlands.

Mr. Delgado said that the micro-hydro systems have a projected investment of P25 million per site, with an estimated total capacity of 1.4 to 2 megawatts.

Micro-hydro power plants are compact systems, usually ranging from 1 to 100 kilowatts (kW) in capacity, that generate electricity by using the natural movement of water.

“Of course, when you streamline the mobilization, that will decrease by a lot so it’s all about planning because these are projects separate from each other,” he said.

The company still needs to pitch the projects to the National Irrigation Administration (NIA) if it intends to proceed with the construction of the micro-hydro projects, with an estimated construction timeline of two to three years.

Mr. Delgado said that feasibility studies are in addition to the pilot installation of a micro-hydro power system at the weir of the Angat-Maasim River system in the municipality of Angat, Bulacan, in partnership with the NIA.

These 20 sites will be the start of a real feasibility study that will now bring in investor interest while we deal with the offtake,” he said. — Sheldeen Joy Talavera