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Meralco secures needed power from Aboitiz firm

PHILSTAR FILE PHOTO

MANILA Electric Co. (Meralco) has secured a 300-megawatt (MW) emergency power supply deal with Aboitiz Power Corp. (AboitizPower) to partly replace the capacity that a unit of San Miguel Corp. (SMC) stopped supplying, but only for a short period.

In a statement on Thursday, Meralco said that the emergency power supply agreement (EPSA) is effective on Dec. 15 until Jan. 25 for a rate of P5.96 per kilowatt-hour (kWh). The power will be sourced from AboitizPower’s plant under GNPower Dinginin Ltd. Co.

Meralco said the emergency supply will mitigate the impact of higher rates as the power distributor has been sourcing from the Wholesale Electricity Spot Market (WESM) since Dec. 7.

“[The EPSA] will lessen Meralco’s exposure to WESM and in turn partly shield its customers from volatile and potentially higher generation costs,” Meralco said.

The Energy Regulatory Commission (ERC) earlier said that Meralco’s contract with a subsidiary of SMC Global Power Holdings Corp. was priced at only P4.2455 per kWh.

The unit, South Premiere Power Corp. (SPPC), terminated its power supply agreement (PSA) with Meralco on Dec. 7, prompting the latter to buy power from the spot market where the average price for November was placed by the ERC at P8.47 per kWh.

Meralco’s supply deal with SPPC covers 670 MW of capacity for 10 years.

SPPC stopped supplying power to Meralco after the ERC denied a petition jointly filed by the contracting parties for temporary relief through a rate increase. The regulator said the petition had no basis as their PSA is a fixed-rate contract.

The parties filed the petition as the SMC group claimed to have incurred losses amounting to P15 billion, of which it wanted to recover P5 billion through the rate increase. The losses, it said, were a result of extraordinary circumstances caused by commodity supply disruptions. It said the resulting surge in fuel costs was way beyond the price range and long-term outlook contemplated at the time of the PSA execution in 2019.

SPPC is the administrator of the natural gas-fired power plant in Ilijan, Batangas. SMC Global Power’s other unit San Miguel Energy Corp., the administrator of the coal power plant in Sual, Pangasinan, also sought a rate increase for a similar reason.

With the ERC’s rejection of the rate increase, SMC Global Power sought and secured a 60-day temporary restraining order (TRO) from the Court of Appeals, suspending the implementation of SPPC’s PSA with Meralco in November.

“We are hoping it will be resolved sooner because the TRO’s effectivity is 60 days, and it is a very long time. It covers at least two billing periods. We are expecting that the case will be resolved with a motion to lift the TRO filed by the OSG (Office of the Solicitor General),” ERC Chairperson and Chief Executive Officer Monalisa C. Dimalanta told reporters on Tuesday.

Meanwhile, Meralco vowed that it would “exhaust all measures to continue supplying its customers with sufficient and reliable power, while mitigating the impact of the TRO.”

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. — Ashley Erika O. Jose

What are you looking for in a hoops game?

Video Game Review
NBA 2K23
Sony PlayStation 5

Resident Evil Village – Winters’ Expansion
PS5

The Valiant
Personal Computer via Steam

WITH a new season comes a new pro hoops title to enjoy, and with it all the charms and bells and whistles longtime followers of the NBA 2K series can expect from such a title. If you’re in the mood to just play some virtual ball, then NBA 2K23 delivers on that account, as it always has. The latest iteration of the beloved franchise even has a few additions to the formula that proves to be worth looking at. While little else has changed in its core design, tried-and-tested aspects combined with these new features are sure to get basketball junkies hooked.

NBA 2K23’s main career modes are where the bulk of your gameplay will fall. MyCareer lets you build your own rising superstar; you take on various different contracts with different teams and slowly hone your hoops skills with the goal of becoming one of the best in the league. You’ll be grinding out in the courts, improving your stats, and even buying some new threads for your character to wear, all with the intention of making your dream player come to life. There’s a decent amount of content in its story mode, and its virtual hub, while, a little tedious, lets NBA 2K23 show off its updated graphics and textures in all its glory. If these more personalized simulation elements don’t suit your fancy, you can always shift to MyTeam, where, instead of building your character up, you get to form your dream team from scratch, cobbling together your favorite players to create a formidable roster that few others can compete with. Both of these modes ensure hours and hours of playtime, provided you enjoy the core gameplay loop.

That said, let’s address the elephant in the room here and be honest about the progression system these modes have. While they are enjoyable, they’re held back by their own repetitive design, requiring a lot of grinding to actually make any progress. This is where the disappointing nature of NBA 2K23 rears its ugly head. While normal gameplay nets you in-game currency to spend, it’s a paltry amount compared to what you need to make any permanent progress, and when you need dozens of games to go through in order to buy a single cosmetic or to upgrade a few stat points, these modes start to overstay their welcome. This is especially egregious when real life microtransactions practically shower you with said currency, making the functional nature of NBA 2K23’s design revolve around hardcore grinding, or paying to achieve any progress. While some people may be fine with it, the lure and allure of spending money to skip its slower parts is undeniable, and has led to these career modes feeling slow and repetitive.

This sheer amount of monetization in NBA 2K23 is what hurts the pacing of what should’ve been an accessible basketball sandbox. After all, who wouldn’t want their own player avatar decked out in the latest clothes, playing for the best teams, or having their favorite basketball stars play together? This mode could’ve been so much more enjoyable had it not been dragged down by its poor progression system. As conveyed, the player experience is a total disconnect to the career modes’ intentions. It’s hurt by its own capacity for in-game revenue generation when the grind for stats and virtual clothes can last for months on end, especially in a game series with a yearly release.

The good news is that NBA 2K23 boasts other modes. Far and above the quality of MyCareer is the Jordan Challenge. With a set goal and focus in mind, the Jordan Challenge has you reliving Michael Jordan’s career by replaying the iconic games throughout his basketball career. It handpicks several important matches in his lifetime, bringing back old faces and old favorites to play with and against. It’s a refreshing fan-service element, and it’s packed with its own unique challenges to accomplish. It’s guaranteed to have you playing in certain ways without making you feel like you’re at a disadvantage.

Equally as strong is the MyNBA Eras mode. Whereas the Jordan challenge was a more of a trek down memory lane, MyNBA Eras is a far more focused blast from the past, allowing players to play using their favorite classic teams in four different eras. It not only has the line-ups of these old teams; it also simulates the look and feel of each individual era, making clever use of filters and retextured assets to bring you back to the far simpler times of the 1990s and early 2000s. It’s a perfect mode that stands apart from the more microtransaction-heavy sandbox, and it brings with it enough variety to make each new play session feel unique and interesting, with different rosters and stars to parade.

And that is where NBA 2K23 is really at its best. Divorced from the microtransactions, it’s able to bring its A-game when it’s all about the gameplay. Life-like motion capture accentuates the new graphical styles featured through the different eras, and on next-generation consoles, it makes for a thoroughly authentic basketball experience. Without the needless stat-maxing, it allows NBA 2K23 to be, well, just a game, and when it’s “just a game” (and not a job, or a grind), it is a pretty damned good one.

  At the end of the day, NBA 2K23 really depends on exactly what it is you’re looking for in your hoops titles. If you’re looking for a good basketball game and don’t mind the microtransaction career modes, then it’s definitely one to look at. While its career mode is lacking, the Jordan Challenge and MyEras make up for any shortcomings. Highly recommended.

THE GOOD

• A fair amount of game modes to play through

• Still the best basketball experience on any platform

• MyEras is a great blend of old and new concepts, with classic teams playable with modern gameplay

THE BAD

• Microtransaction-heavy career mode means a grind or pay scheme for one of its more iconic modes

• Still feels a little too similar to previous entries in the franchise

• Pay2Win aspect of career modes hurts what should’ve been a strong multiplayer sandbox experience  

RATING: 8.5/10   

POSTSCRIPT: Who isn’t a big fan of Resident Evil Village? While longtime gamers still prefer the classic survival horror tank controls formula of the older Resident Evil titles, the release of Resident Evil Village was able to bring the newer generation of button mashers to appreciate the franchise. The game was a nice blend of action and adventure, and it managed to mix the ridiculous set pieces of the more recent offerings in the series with the creepier, more mysterious aspects of its predecessors.

It comes as no surprise, then, that the Winters’ Expansion, Resident Evil Village’s newest downloadable content, exhibits more of its strengths and gives gamers exactly what they want. It brings to the table the story of Ethan’s daughter, three mercenary characters to play with, and the ability to enjoy the main campaign in third-person mode. And honestly? These are all great.

Let’s start with the actual story DLC, Shadows of Rose. Clocking in at around three to four hours of playtime, it’s a short but enjoyable romp. Highlighting Rose’s own personal experiences serves as an excuse for Resident Evil Village to do a retread of familiar locales and set pieces from the main game. This is where the true strength of the DLC lies. Shadows of Rose feels like a dark, twisted little fairytale to enjoy, rehashing the best parts of the main campaign by taking you through the familiar confines of Castle Dimitrescu and House Beneviento, and twisting them into something familiar, but different. The enemies you face are creepy and threatening and nothing like what you’d expect, and the DLC is no stranger to the gory body horror creepiness that the base game had. You’ll feel chased and pressured in every area you go into, and the DLC is not shy at thrusting you into dangerous situations with tons of enemies to fight off.

Thankfully, you are not defenseless. Your options are limited, but the few guns you have on hand are still useful at bringing your foes down. If they get too close to you, you can buy yourself some time by stunning them using Rose’s burgeoning powers, or even just running past them if you feel you can slip away. You don’t have the arsenal available in the main game of Resident Evil Village to fall back on, but this new little mechanic gives you an extra means of defense that also changes up how you can approach your fights. You’ll be balancing your ammunition with your power usage, giving you the leeway to run and fight as needed.

And as for the story? It’s a neat little tale to enjoy. Resident Evil Village’s story was a bit silly at times, but this little mini-campaign is designed to strike at the heart. Its narrative puts to rest the Winters Family arc, and serves as a satisfying conclusion to the Resident Evil 7: Biohazard and Resident Evil Village arcs.

If that’s not enough for you, the Winters’ Expansion does have a bit more stuff to offer in the form of new mercenary mode characters to enjoy, with their own unique game styles to boot. Chris Redfield is initially unlocked from the start, and he uses his campaign arsenal during his mercenaries mode gameplay. He has reliable guns to shoot his enemies with, a decent little pocket knife to use, and a laser pointer that can do tremendous amounts of damage once its explosive payload has been dropped. For more long-term fans, he also has his iconic fists, letting him pummel foes to death with his bare hands.

Apart from him, two main campaign bosses are also unlockable once you’ve scored enough points. The first is Karl Heisenberg, who can not only use his hammer to bring his foes down with its large, sweeping aoe attacks; he also has access to magnetic powers. He can throw scrap to puncture an enemy’s skull, or sawblades to chop them in half, and even bring to battle his Soldat Jet soldiers to explode on enemies. The second is Lady D herself. Using her powerful claws, she can combo her foes down and slice them to bits, or summon her daughters to help her in combat and provide backup. She tosses chairs and summons flies, and can even chokeslam any unwary foe that crosses her path.

These three new characters provide a wealth of replay value to what was originally a very simple side mode. Unlocking them does take some effort, requiring certain ranks in all stages before you can access them, but it’s a nice reason to go back and finally hit those higher ranks. While the mercenaries mode still isn’t particularly engaging long term, it’s one that finally gives you a reason to replay them and do well.

The Winters’ Expansion likewise features a third person mode to play with during the main campaign. While nothing much has changed in the campaign structure, this third-person perspective actually makes for a big change in pacing, giving you more peripheral vision, and changing how you move because of this unique vantage point. Cutscenes are still primarily in first person, but the game’s third-person mode gives some nice little advantages that the classic view didn’t have, and it’s a nice excuse to replay the main campaign.

All in all, the Winters’ Expansion proves to be a fairly enjoyable offering. Capcom has given Resident Evil Village fans a fun little story DLC to play with, and new reasons to go back and enjoy its other modes. It’s a no brainer for anyone who enjoyed the base game, and while it’s not essential to the core experience, it adds more than enough to be worth considering.

THE GOOD:

• Enjoyable retread of the base game, with its best parts fully emphasized

• Tons of new and familiar content to enjoy

• Wraps up the connected stories of the last two releases in the series nicely and neatly

THE BAD:

• Doesn’t add new content to the base game’s campaign

• Much of the content in the DLC relies on wanting to replay old content

• Might disappoint fans who are expecting a full-fledged story expansion  

RATING: 8.5/10

KITE Games’ The Valiant is what it promises to be — no more, no less. Set during the tumultuous periods of the Medieval era, the game has you taking control of knights, swordsmen, and archers to defeat your opponents on the battlefield. Whether you’re taking control of important objectives or running down your opponents using its rock-paper-scissors-esque combat mechanics, little by little, it’s your wits and your actions that decide if you win the day.

In this regard, The Valiant relies heavily on its unit counter system to really shine. Some of its mechanics are a staple of real time strategy offerings. Spears are supposed to take on horsemen, horsemen take down unsupported archers, swordsmen tank the damage and take the hits, and whatever ranged units you have rain supporting fire on the battlefield. Where it changes things up is in unit abilities. While each melee unit can charge opponents and lock them into melee combat, each unit also has its own special skills to employ. Whether it’s your knight’s devastating charge knocking your foes down, or your spearmen throwing javelins to pin enemies in place, unit micro is more than just making sure you have the right engagements. You’re constantly vying for position to use your abilities properly; else, you’ll find yourself quickly overwhelmed by your many foes. Base building is completely absent, so you’re mostly reliant on a handful of squads to really carry the day.

Thankfully, The Valiant also gives you access to heroes to really help bolster your line. Not only are they more powerful than your regular soldiers; they also have access to unique upgrades that change up how they play. Your tanky hero being able to trigger area-of-effect heals is a massive boon in slog fights, whereas taking a ranged hero into battle nets you a fragile but extremely useful damage dealer that’s almost essential in later levels. During the campaign, these heroes also level up, giving you some minor replay value as you do get some variety in what skills they can have and what abilities to customize them with.

Campaign is really where the meat of The Valiant’s experience is. There’s a decent number of missions to play through, each with different objectives to accomplish and gimmicks to change up the pace. Some are far more standardized, requiring you to hold positions or survive ambushes. The more difficult ones actively test your micromanagement skills, with some interesting, if silly, attempts at boss fights that require you to juggle units around to avoid AoE attacks and telegraphed AoE strikes. It’s silly to think about, but it’s an interesting way to make bosses an actual threat beyond just kiting them to death.

Most bosses are this way, anyway. While The Valiant is enjoyable most of the way through, the game’s final missions are more grindy than fun, with its late-game enemies shrugging off blows that cut through them the in the prior level. On top of that, the game concludes the entire experience with a particularly terrible final mission that undermines most of what it hitherto tried to do. It’s frustrating in the worst ways possible, and ends what would otherwise have been a good campaign on a very sour note.

The campaign at least features a cohesive story to enjoy, following the tale of two crusader brothers and their experience with an ancient artifact. The Valiant makes sure you get invested in this storyline, setting the stage properly with a good narrative punctuating the start and end of each mission. The various characters that join you mesh well with the drama it has set up, and each character is fully voiced, allowing for a healthy mix of different personalities. The plot is cliched, yes, and some of its events border on being silly, but it does have its moments. When characters are let loose and the build-up of the story is allowed to reach its crescendo, you can see exactly what the developers set out to accomplish.

That’s not to say The Valiant is perfect. While the game’s graphics do look good, it does let you down in some areas that might feel immersion-breaking. On one hand, the variety of locations you fight in does indicate that the story is building up to something important. On the other, minor details like the lack of lip-synching or the over-the-top kill moves might draw you out of the setting. It’s not a deal breaker at least, but it can be a little jarring if you expected The Valiant to feel grittier and more realistic.

In any case, The Valiant’s real flaws are more apparent in its skirmish and multiplayer components. While the campaign feels fleshed out, its other modes feel severely lacking by comparison. The missing base-building elements can be forgiven due to its game design, but there are no alternative factions to play with in multiplayer mode. As a result, you and your opponents really are just facing each other in a mirror match. You’ll be fighting over the same resource buildings, maneuvering with the same units, and playing on the same maps over and over again. It really kills the replay value that this title might have had, and any lasting longevity this mode could’ve offered. While its campaign is able to make up for its shortcomings with its varied objectives and narrative focus, the skirmish mode just feels tacked on as a result.

The Valiant does try to make up for its shortcomings. For instance, it boasts of a Last Stand survival game mode if you just want to mess around. Pitting you and two of your friends’ heroes against hordes of soldiers, the goal of the mode is to really just see how long you can last before you perish. It’s a simple mode that’s fun for short distractions, albeit no real substitute to a fleshed-out multiplayer experience.

Bottom line, barely anyone makes use of The Valiant’s multiplayer mode, and for good reason. When you do try to have matches, you have so poor a connection as to induce frustration. All the multiplayer games are fated to end inconclusively, with lost connections shutting off matches within minutes of their start. It’s a constant annoyance, and one that really hurts the overall experience, especially when it’s advertised to have a strong focus on its multiplayer component.

This leaves The Valiant in a strange position. On one hand, its single player component is entertaining, and shows the game at its best even with noticeable flaws. However, its multiplayer component lacks the replay value expected of strategy games. And without firm community support and rebalancing, it’s a game that doesn’t last long term. If you’re looking for a decently challenging real-time tactical game with fun set-pieces, The Valiant does its job, but little more than that.

THE GOOD:

• Interesting single player design, with good voice acting and a decent story

• Solid mechanics, featuring a healthy mix of units to play with, and lots of abilities to unlock and equipment to use in single player

• Smooth, if repetitive, gameplay, with a focus on unit abilities and unit matchups

THE BAD:

• No faction variety in multiplayer and skirmish modes, with bad multiplayer support

• Terrible final mission that sours the entire experience

• Big on spectacle, but light on mechanics and variety, ultimately leaving you wanting more  

RATING: 6.5/10   

THE LAST WORD: For gamers, there’s some good news and some bad news in regard to the much-awaited release of Returnal on the personal computer. The third-person roguelite shooter that first made its way to the PS5 during the console’s beginnings already has an active Steam page, but with a “Coming Soon” release date. Even as the development has fans salivating, there is a hitch: Required specifications for gaming rigs include 16 gigabytes of random-access memory, with a recommendation for twice that. Which, in a nutshell, compels even those with recently purchased hardware to upgrade their memory modules.

ALI sees new Bulacan estate as trade, commerce center

AYALA LAND, Inc. (ALI) has broken ground for its 49th estate development, which it targets to turn into a center for trade and commerce in Plaridel, Bulacan.

The integrated mixed-use master-planned estate named Crossroads will sit in an 83-hectare lot in the province.

ALI put a P5.2-billion initial investment in the estate to develop the first 20 hectares into a commercial node that it plans to complete within five years.

The commercial area will be the first phase of development in Crossroads. It is expected to house quick-service restaurants, a supermarket, and restaurants.

“As we complete the planning for the residential [area], you can expect that our investment will increase,” ALI Project Development Head For Crossroads John R. Estacio said on the sidelines of the groundbreaking event on Thursday.

The residential segment of the estate is expected to be launched next year and will initially include ALI brands Alveo, Avida, and Amaia.

According to Mr. Estacio, ALI will kick-start the commercial node by building retail spaces to fill the need of the surrounding residential and industrial projects.

“Everything would come in phases, so the office could come at a later date,” Mr. Estacio said.

Commercial spaces will be sold at P75,000 per square meter (sq.m.) with the lots ranging from 300 sq.m. to over 1,000 sq.m.

Also included in the first phase of the development is the transportation hub, which is planned to link the estate to different areas.

“It is part of our program to bring more people here,” Mr. Estacio said, adding that aside from the private terminal, “we will also have a public transport terminal that will link the area to the province center and Quezon City.”

Crossroads is the second estate of the company in Bulacan after the master-planned Altaraza estate in San Jose Del Monte. It will be ALI’s final launch in 2022.

Bernard Vincent O. Dy, president and chief executive officer of ALI, said that the company is planning to launch more projects in the area.

“ALI is slightly underrepresented in terms of product offering in Bulacan, so we want to be able to do more in Bulacan,” Mr. Dy said.

“We want to bring something new to the area and enrich the lives of the people here in Plaridel,” he added. — Justine Irish D. Tabile

Eddie Murphy to receive lifetime achievement award at Golden Globes

EDDIE MURPHY in a scene from the 2021 film Coming 2 America.

LOS ANGELES — Comedian Eddie Murphy will accept a lifetime achievement honor next month at the Golden Globes, the annual ceremony that is trying to restore its reputation in Hollywood after a diversity and ethics scandal.

The Hollywood Foreign Press Association (HFPA), the group that votes on the Globe winners, announced on Wednesday that Mr. Murphy would receive the Cecil B. DeMille award to celebrate his contributions to entertainment.

Mr. Murphy, 61, was a cast member on television sketch show Saturday Night Live and went on to star in films such as Beverly Hills Cop, The Nutty Professor, 48 Hours, and Dreamgirls.

Previous DeMille award recipients have included Audrey Hepburn, Oprah Winfrey, Meryl Streep, Sophia Loren, Tom Hanks, Jane Fonda, and Robert De Niro.

The honor for Mr. Murphy adds a big name to the Golden Globes telecast on Jan. 10. The ceremony has been known as a star-studded, alcohol-fueled event that kicks off Hollywood’s awards season, but it is unclear which nominees will attend the upcoming ceremony.

The Globes were tainted after a 2021 Los Angeles Times investigation probed the HFPA’s practices and revealed the organization had no Black members.

Longtime broadcaster NBC dropped the 2022 telecast, but the Comcast-owned network agreed to air the Globes again in 2023 after the organization made reforms. — Reuters

Villar-led PREIT closes higher on its market debut

PREMIERE Island Power REIT Corp. (PREIT) closed at P1.6 apiece on its market debut on the Philippine Stock Exchange (PSE) on Thursday.

“With the stock market debut of PREIT, we hope that more energy-themed real estate investment trusts (REITs), especially those based in the provinces will also consider listing their shares in the stock market,” said PSE President and Chief Executive Officer Ramon S. Monzon.

PREIT is envisioned to be the power and infrastructure REIT platform of Villar-led Prime Asset Ventures, Inc.

The company’s initial portfolio includes the land and power plant assets that are used by its sponsors: S.I. Power Corp. and Camotes Island Power Generation Corp.

These assets, which the sponsors also operate, supply power to the islands of Siquijor and Camotes with a total combined capacity of 21.2 megawatts.

Funds from the initial public offering will be given to selling shareholders and will be reinvested in the Philippines.

PREIT is eyeing to expand its assets to include solar farms that are located in various provinces in Luzon, said PSE.

On its listing day, shares in PREIT opened at P1.47 apiece, which was also its average price. Its lowest was at P1.37 each.

PREIT is the second REIT offering of the Villar group of companies after the listing of VistaREIT, Inc. in June 2022.  Justine Irish D. Tabile

Netflix’s Emily in Paris embraces French life in new season

Lily Collins, Ashley Park, and Camille Razat in a scene from Emily in Paris.

PARIS — Cultural frictions give way to personality clashes in Netflix’s Emily in Paris, according to creator Darren Star who recently joined the show’s cast members in the French capital for the global premiere of the third season.

The new season of the television comedy starring Lily Collins as Emily Cooper, an American who moves to Paris from Chicago for a marketing job, will be released on Dec. 21.

The show focuses more deeply on its characters, moving away from a play on the cliches of French and American lifestyles, to become more of a “clash of personalities,” said Mr. Star, who is also executive producer and writer of the show.

“She feels less of a fish out of water and more about embracing the culture around her,” said Ms. Collins, of the character she plays.

Watched by 58 million households in its first month, the series debuted at the height of pandemic lockdowns in 2020 and became the most popular comedy on Netflix that year.

In the third season, actors Paul Forman and Melia Kreiling join as new cast members. “New characters come in and add a lot of new texture and complications for the entire ensemble,” said Mr. Star. — Reuters

Flight fuel surcharge to drop in January

THE Civil Aeronautics Board (CAB) is lowering the applicable fuel surcharge for domestic and international flights to Level 7 from Level 8 currently.

The CAB cited the lower average price of jet fuel (P41.50 per liter) between Nov. 10 and Dec. 9.

Level 7 on the CAB matrix permits a fuel surcharge per passenger of between P219 and P739 for domestic flights and between P722.71 and P5,373.69 for international flights.

Under Level 8 currently, the fuel surcharge per passenger ranges from P253 to P787 for domestic flights and from P835.05 to P6,208.98 for international flights.

“Airlines wishing to impose or collect fuel surcharge for the same period must file their application with this office on or before the effectivity period, with fuel surcharge rates not exceeding [Level 7],” CAB Executive Director Carmelo L. Arcilla said in an advisory.

In a statement, flag carrier Philippine Airlines (PAL) said the move will ease the financial impact on consumers brought about by fuel surcharges.

“The lowering of fuel surcharge levels is coming in at a time when we are expanding our flight route network, mounting new flights and restoring our flight capacity to pre-pandemic levels,” PAL noted.

“We have restored flights between Cebu and Bangkok, opened the Cebu — Baguio route, and Cebu — Cotabato. Soon, we will operate flights to Borongan via Cebu,” it added.

Budget carrier Cebu Pacific said the decrease in fuel surcharge for January 2023 is a “welcome development, especially as we see a continuous increase in passenger traffic and forward bookings.”

“We are excited to offer even lower fares for everyJuan,” said Xander Lao, Cebu Pacific chief commercial officer.

For its part, low-cost airline AirAsia Philippines said the lowering of fuel surcharge level will help “all airline companies to cushion the effects of the volatile fuel pricing and the weakening value of the peso versus the US dollar.”

“While we all share the optimism on a more stable fuel price in the days ahead, we at AirAsia stay committed to providing our guests with best value deals that will allow them to travel more during the holidays,” it added. — Arjay L. Balinbin

Stuff to do (12/16/22)


Air Supply returns to Manila

AUSTRALIAN rock duo Air Supply returns for a two-night concert at Newport World Resorts on Dec. 15 and 16. Graham Russel and Russel Hitchcock are famous for hits such as “Every Woman in the World,” “All Out of Love,” and “Just Another Woman.” Tickets are still available at all TicketWorld and SM Tickets outlets with prices ranging from P2,500 to  P11,000. For inquiries, contact the Newport World Resorts National Sales Team (0917-823-9602, 0917-807-9387, 0917-658-9378), Ticketworld (8891-9999), or SM Tickets (8470-2222).


Holidaze at Shangri-La Plaza

SHANGRI-LA PLAZA gets into the festive Holidaze mood with music, food, and Santa. ChubbyCon, the annual food convention by the Masarap Ba? Community, is returning to Shang on Dec. 15-18 at the Grand Atrium for “It’s A Christmasarap Parteh!” food event. It showcases the food brands tried, tested, and rated “masarap” by the online foodie community. Children will get the chance to have their photos taken with Santa Claus and Mrs. Claus on Dec. 17 and 23 at 3 p.m., at Level 1. Present a single receipt of a purchase of at least P500 from any Shangri-La store from Nov. 26 to Dec. 23 to get a ticket for the photo session with Santa. For updates and inquiries, follow Shangri-La Plaza on Facebook at www.facebook.com/shangrilaplazaofficial and on Instagram @shangrilaplazaofficial.


Simbang Gabi at the CCP

IN KEEPING with the Filipino Christmas traditions, the Cultural Center of the Philippines (CCP) will hold the nine dawn masses, collectively known as Simbang Gabi, celebrated in cooperation with Our Lady of Sorrows Parish, from Dec. 16 to 24, 5 a.m., at the CCP Main Ramp. There will also be Anticipated Masses from Dec. 15 to 23 at 9 pm, via the official CCP Facebook Page and CCP’s YouTube Channel. The anticipated masses will be celebrated in partnership with regional parishes from around the country. The virtual anticipated masses aim to reach out to Filipinos and other Catholics from across the archipelago and the world. The Masses will be in English and/or Filipino language. The Simbang Gabi novena masses will culminate with a Misa de Aguinaldo (Christmas Eve Mass) on Dec. 24, 8 p.m., live on-site at the CCP Main Theater. There will be a pre-mass program at 7 p.m., featuring invited choral groups, the Manila Symphony Orchestra performing traditional tunes, and soprano Myramae Meneses. As a finale, the Philippine Madrigal Singers will lead a 100-voice chorale in singing Christmas carols with the Manila Symphony Orchestra. For more information, call the CCP Venue Operations Division at 8832-1125 loc. 1412/1413. Or follow the official CCP social media accounts on Facebook, Twitter, Instagram and Tiktok.


Christmas concert at the museum

THE YUCHENGCO Museum celebrates the season with Kundiman & Carols: A Night with Krissan Manikan-Tan, on Dec. 16, 7 p.m. The show also features pianist Belinda Salazar. For ticket reservations, contact 8889-1234 or e-mail yspace@yuchengcomuseum.org. The Yuchengco Musuem is located at RCBC Plaza, corner Ayala Ave. and Senator Gil J. Puyat Ave., Makati City.


Handel’s Messiah at the CCP

THE CULTURAL Center of the Philippines (CCP) celebrates the Christmas season with a performance of Handel’s Messiah, featuring the Philippine Philharmonic Orchestra and the Philippine Madrigal Singers, on Dec. 16, 8 p.m., at the Main Theater. For tickets call the CCP Box Office at 8832-3704, 8832-1125 local 1409; TicketWorld at 0917-550-6997 (Globe), 0999-954-5922 (Smart), or visit https://bit.ly/PPOMetamorphosisConcert4.


Banda Rito, Banda Roon presents marching bands

SEVEN brass bands, with a twirling baton group, march their way to the Cultural Center of the Philippines (CCP) and celebrate the holiday season on Dec. 17, 3 p.m., at the CCP Complex, followed by exhibition drills at the CCP Front Lawn at 4 p.m. The event is open to the public. Dubbed Banda Rito, Banda Roon, the marching band show aims to highlight the rich brass band history and heritage in the Philippines while ushering in the lively and vibrant Paskong Pinoy spirit. The brass bands joining the celebration are: the Color Guard of the Philippines, the Philippine Coast Guard Brass Band, the Anak Zapote Band, Banda 96, Banda El Gobernador, and the San Lorenzo Ruiz Band.  Joining them is the Baton Twirling Group. Admission is free. For more information, visit https://www.facebook.com/culturalcenterofthephilippines/.


Swedish DJ Alesso to perform live in Manila

OVATION Productions presents DJ Alesso on Dec. 17, 2022 at the SMDC Festival Grounds. Alesso (Alessandro Renato Rodolfo Lindblad) is a Swedish DJ and music producer who has worked with numerous artists, Including Tove Lo, Hailee Steinfeld, Calvin Harris, Katy Perry, Usher, David Guetta, Sebastian Ingrosso, and Liam Payne. The concert also features Acraze, Ace Ramos, Martin Pulgar, Marc Marasigan, Rico Arce, KATDJ, Deuce, Katsy Lee, and David Ardiente. Tickets available via ovationtickets.com and ticketnet.com.ph.   


CCP holds Cinema Under The Stars

THE CULTURAL Center of the Philippines (CCP) presents a unique family cinematic experience with Cinema Under the Stars (CUTS), the CCP’s hybrid outdoor cinema, slated on December 17 and 18 at the CCP Front Lawn. The hybrid cinema program will have special screenings of selected Cinemalaya and Gawad Alternatibo films, as well as films from the CCP Collection. On Dec. 17, 6 p.m., there will be back-to-back screenings of Papetir by Darwin Alegre Noivicio, Andong by Rommel “Milo” Tolentino, and Pepot Artista by Doy del Mundo. The 8:30 p.m. screenings feature Si Oddie by Maria Kydylee Torato, Aliens Ata by Karl Glenn Barit, and Ani by Kim Zuñiga and Sandro Del Rosario. Gawad Alternatibo films take the spotlight on Dec. 18, 4 p.m. Featured short films include: Wetsitales: Aponibonilayen and the Sun by Jade Dandan Evangelista; Maris by Gabb Gantala; Ang Liwanag ng Bakunawa by Alvin Gasga and Elisha Domingo; Mga Sisiw sa Kagubatan by Vahn Leinard Pascual; and My Mamily by Cha Roque. At 6 p.m., watch selected Cinemalaya 2022 entries See You, George! by Mark Moneda, Kwits by Raz dela Torre, and Batsoy by Ronald Batallones. Cinema Under the Stars is free to the public.


Ben&Ben’s homecoming concert

AFTER their North American tour, Ben&Ben marks their return to the Philippines with a homecoming concert on Dec. 18 at the SMDC Festival Grounds in Parañaque. “To match that sense of gratitude, we wanted to mount our largest show yet, with our longest set, most ambitious performance ideas, and simply the best of what we’ve made through the years,” the group said in a statement. The concert will also feature guest performances from artists who collaborated on the group’s sophomore album, Pebble House. Vol. 1 including KZ Tandingan, Zild, and Juan Karlos. Tickets to the Ben&Ben Homecoming Concert 2022 can be purchased on ovationtickets.com and ticketnet.com.ph.

MSMEs see growth after getting financing from digital platforms

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MICRO, small, and medium-sized enterprises (MSMEs) posted improved net profit, revenue, employment and performance after tapping financial technology and online lending firms for financing, a study showed.

The ASEAN Access to Digital Finance Study conducted by the Cambridge Centre for Alternative Finance at the University of Cambridge Judge Business School and the Asian Development Bank Institute showed digital financial services contributed to boosting financial inclusion for both consumers and businesses.

The study measures the impact of digital financial services for consumers and MSMEs in the Philippines, Indonesia, Malaysia, Singapore, and Thailand based on 600 responses from Feb. 28 to April 15, with 200 of which from the Philippines.

A total of 190 responses were received from MSMEs, with 27% being from the Philippines.

“The study aims to understand how individual households, consumers, and MSMEs use digital financial services — such as online lending and capital-raising platforms — to access credit or raise funds from 2020 to 2021,” a statement from fintech firm First Circle said.

First Circle was one of the local fintech firms approached by the study’s proponents for data collection.

“MSMEs saw a positive impact after getting finance through one of these three digital financing models: P2P/marketplace business lending; invoice trading; and equity crowdfunding. The top three positive impacts were in productivity (65%), a larger customer base (41%), and launching a new product/service (39%),” it said.

The study showed that before approaching fintechs and online lenders, MSMEs first sought funding from family and friends, banks, and microfinance institutions.

The top three reasons cited by Philippine MSMEs for choosing digital financing models were better customer service (85%), flexible terms at (82%), and speed of funding at (73%).

“The main reason MSMEs borrowed funds from fintech platforms was to raise working capital, followed by expansion and growth — a contrast from the common misconception that MSMEs who borrow funding do so to bail out struggling and failing businesses,” the statement said.

The report said 26% of MSME respondents in the country reported that 26% their main reason for obtaining funds from a fintech was to lend to individuals or other businesses.

Meanwhile, the study showed in terms of traditional finance products, the top three used Philippine MSMEs cited were personal checking or savings accounts at 55%, personal current accounts at 50%, and personal credit cards at 15%.

The average amount borrowed or raised by Philippine MSMEs from traditional and alternative financing platforms was at $11,722.

Respondents from the Philippines also cited that they received a variety of assistance from fintech platforms for the effects of the coronavirus disease 2019 pandemic, with 29% getting help in the form of waived fees, eased payment plans (18%), insurance or coverage plans (14%), and additional credit facilities (12%). 

However, 36% of local respondents cited that they did not receive any support.

MSMEs used savings or checking accounts, loan contracts or term loans, and cash credit to support their business activities in the Philippines.

First Circle said the survey results show that fintech services complement, not compete with, those of traditional banks.

“One of the most interesting findings show that fintech services often complement rather than compete with traditional banking services in ASEAN countries. In many cases, the increased access to finance through fintech platforms also led MSMEs to increase their use of banking products and services,” it said. — A.M.C. Sy

SSS offers new voluntary retirement savings program 

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THE Social Security System (SSS) said on Thursday that it launched a new variant of its voluntary retirement savings scheme, known as the Worker’s Investment and Savings Program Plus (WISP Plus).

It said in a statement that voluntary WISP Plus scheme accepts a minimum of P500 per payment. It is an evolution of the current WISP, a mandatory provident fund which is open to all private-sector workers, including overseas Filipino workers (OFWs) and the self-employed.

In June, the SSS announced that WISP generated a 6.39% return in its first year of operation, which the pension fund said outperformed the 10-year Treasury bond, which averaged 4.1% in 2021.

“We have been spearheading the concept of work, save, invest, and prosper to our members. WISP Plus is a program both for saving and investing. It is an affordable and tax-free savings scheme which will allow our members to save by contributing to the program and investing because their money will generate earnings,” SSS President and Chief Executive Officer Michael G. Regino said.

WISP Plus serves as an additional layer of protection apart from retirement benefits members receive from the regular program, Mr. Regino said.

The SSS said interested members can join WISP Plus via their My.SSS accounts.

To qualify for the program, members should not have filed for any final benefits claim, such as retirement or total disability benefits, the SSS said.

Two programs the SSS is currently implementing will be part of WISP Plus, SSS said. These are the Flexi-fund Program for OFWs, and the Personal Equity and Savings Option Fund offered to members living in the Philippines and paying maximum monthly contributions. 

Separately, Mr. Regino said in briefing that starting Jan. 1, the new SSS contribution rate will be 14%, up from the current 13% as required by the terms of the Social Security Act of 2018.

For employed members, employers will absorb the 1 percentage point increase in the contribution rate, while individual paying members, such as self-employed, voluntary, non-working spouse, and OFW members, will shoulder the whole contribution rate since they have no employers, SSS said.

Additionally, SSS said that it will also adjust the minimum and maximum monthly salary credits (MSCs), which will serve as the basis of the monthly contribution of a member.

The minimum MSC will become P4,000 from the current P3,000-P4,000 while the maximum MSC will rise to P30,000 from the current P25,000. — Aaron Michael C. Sy

Message solutions provider targets to reach more PHL industries

CLOUD communications platform Infobip Philippines, which now covers 80% of the local banking industry, said it aims to expand its reach to other verticals as demand for automated messaging remains strong.

“Even if people are going back to physical stores now, the digital setups will be retained and upgraded depending on customer demand,” Infobip Philippines Country Manager Charist B. Montenegro said during a virtual briefing.

“We are really aggressive on expanding further not just by verticals but also the utilization of different channels that we have and the use of the solutions that we offer,” she added.

She noted that Infobip, which entered the Philippine market in 2016, currently covers 80% of the banking industry in the Philippines.

The company now seeks to cover the retail, e-commerce, transportation, and medical industries.

Citing Infobip’s global research, Ms. Montenegro said that chat apps such as WhatsApp are becoming crucial channels for customer communications.

This demonstrates the growing importance of conversational experiences, she added.

“Infobip’s data shows an 80% and 62% increase in WhatsApp and rich communication services (RCS) interactions respectively in the first half of 2022 compared to the same period in 2021,” the company said in a statement.

It said that customers now have access to more channels and devices than before.

“Customer communications today are more digital than ever, with a 68% increase in interactions across all digital channels. Second, alongside the growth in chat app interactions, some 99% of customer support and chatbot interactions are now on WhatsApp,” the company noted.

At the same time, the company pointed out that while newer channels are gaining momentum, its study shows the continued growth of more traditional channels, such as SMS and email.

“Interactions on these channels increased by 75% and 91% respectively with Infobip seeing emerging uses around timely alerts and security solutions such as two-factor authentication,” Infobip said.

Conversational customer experiences are quickly becoming the new normal, according to Ivan Ostojić, Infobip chief business officer. “Customers don’t want a one-way interaction with a brand.”

“They want a conversation – whether for support, sales, or marketing. But, as our data shows, to meet customer needs, businesses and brands must first embed global real-time omnichannel communications.” — Arjay L. Balinbin

What to See This Week (12/16/22)

TRINITY Jo-Li Bliss in Avatar: The Way of Water

Avatar: The Way of Water

SET more than a decade after the events of the first film, the sequel to James Cameron’s Avatar follows the story of the Sully family (Jake, Neytiri, and their children) whose peaceful life is interrupted when the Sky People (humans), return for Jake. The family seeks refuge with an oceanic clan and learn the ways of the water to survive. The film stars Zoe Saldana, Sam Worthington, Sigourney Weaver, Stephen Lang, Cliff Curtis, Joel David Moore, CCH Pounder, Edie Falco, Jemaine Clement, and Kate Winslet. It is being screened in IMAX, 3D, and 4DX versions. Book tickets at https://disney.asia/dQZ2Oj. Entertainment Weekly’s Leah Greenblatt writes, “The world both above and below the waterline is a thing to behold, a sensory overload of sound and color so richly tactile that it feels psychedelically, almost spiritually sublime.” Film review aggregate site Rotten Tomatoes’ Tomatometer gives it a score of 83%.

MTRCB Rating: PG


Broken Blooms

SET during the COVID-19 pandemic, a young newlywed couple’s relationship is tested by their circumstances. The film reflects the difficulties faced by Filipino families living in poverty. Directed by Louie Ignacio, the film stars Jaclyn Jose, Therese Malvar, and Royce Cabrera. Broken Blooms has made a splash in a number of film festivals, with its cast and director receiving a number of awards. Among these are: the Harlem International Film Festival, New York (Best Actor Jeric Gonzales); the Mokho International Film Festival, India (Best Narrative Feature Film, Best Actor Jeric Gonzales, Best Actress Therese Malvar, and a Special Jury prize for Director Louie Ignacio); and the 2nd Saskatchewan International Film Festival, Canada (Best Feature Fiction, Best Director, Best Actor Jeric Gonzales, Best Actress Therese Malvar, Best Supporting Actor Norman Boobay Balbuena, Best Supporting Actress Jaclyn Jose, and Best Musical Score Jake Abella).

MTRCB Rating: R-16