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Ravena brothers post wins with their teams in Japan B.League

THIRDY Ravena scored 11 points as the San-en NeoPhoenix grounded the Seahorses Mikawa, 88-80, to snap their 14-game losing skid in the Christmas weekend offering of the Japan B. League at the Wing Arena Kariya on Sunday.

The Filipino import added four rebounds, four assists and a steal in 20 minutes of play for the NeoPhoenix, who finally got back on the winning column after two months.

San-en, which last won against Ibaraki last Oct. 24, improved to 4-19.

Thirdy’s brother Kiefer also emerged victorious against compatriot Kobe Paras as the Shiga Lakestars sent the Niigata Albirex BB to their 20th straight loss.

Kiefer dropped eight points and 10 assists in the Lakestars’ 90-77 repeat win over the slumping Albirex BB after their 78-59 victory the other day. Shiga hiked its mark to 9-14.

Mr. Paras was benched in the loss of Niigata, which slid to the B. League cellar with a 2-21 slate.

Ray Parks’ Nagoya (16-7) and Javi Gomez de Liano’s Ibaraki (5-18) likewise scored back-to-back wins at the expense of Kyoto and Shinshu, respectively.

Mr. Parks uncorked 12 markers, five boards and four steals in Nagoya’s 87-73 win over Kyoto after its 84-53 win while Mr. De Liaño was scoreless in Ibaraki’s 84-77 win after contributing six in a 79-67 win the other day.

Matthew Aquino did not see action for Shinshu (9-14) while Dwight Ramos was limited to four points in a 95-90 loss of Toyama (8-15) against Gunma. — John Bryan Ulanday

Volatile market seen ahead of holiday break

REUTERS

TRADING is expected to be volatile on the last trading week of the year as investors may spend the holiday break planning their market strategies, while government spending may improve market sentiments.

The bellwether Philippine Stock Exchange index (PSEi) dropped by 66.19 points or 0.91% to 7,181.86 on Friday, while the broader all shares index decreased 16.19 points or 0.42% to 3,882.26.

Week on week, the 30-member PSEi went down by 115.80 points from its 7,297.66 close on Dec. 17.

“The market failed to build from last week’s strength as participants cashed in gains ahead of the holiday break,” online brokerage 2TradeAsia.com said in an e-mail sent over the weekend.

2TradeAsia.com said soft trading is expected this week as traders take their time to mull strategies for next year, adding that investors must be selective in the sectors in order to yield better results in 2022.

It also said spending might fluctuate during the election season, making soft market days such as next week useful for investors to adjust their portfolios before the market strengthens in the first quarter.

Rizal Commercial Banking Corp. (RCBC) Chief Economist Michael L. Ricafort said in an e-mail that the latest profit taking was “partly brought about by new record high new coronavirus disease 2019 (COVID-19) cases in some European countries, partly due to the Omicron variant, which could slow down economic recovery prospects amid travel and other restrictions as a matter of prudence to prevent Omicron from spreading further.”

Last Tuesday, the World Health Organization (WHO) warned countries of a significant surge in COVID-19 cases as the Omicron variant spreads, Reuters reported.

As of Sunday, the Philippine government reported three Omicron-positive patients in the country ahead of the holidays.

Meanwhile, First Metro Investment Corp. Head of Research Cristina S. Ulang said the market might advance on infrastructure rebuilding and government spending in areas battered by Typhoon Odette.

On Saturday, the Department of Budget and Management released P1 billion in taxpayers’ fund to be given to local governments under a state of calamity.

The national disaster agency on Thursday reported an estimated P3.6-billion infrastructure and agriculture damage left by the typhoon.

“With most of next week on holiday, we may continue to have a volatile market at below average volume turnover with a window dressing going to the yearend,” Diversified Securities, Inc. Equity Trader Aniceto K. Pangan said in a text message.

RCBC’s Mr. Ricafort placed next week’s immediate major support at between 7,060 and 7,110, while the immediate resistance at 7,200-7,260 levels. — Marielle C. Lucenio

In France, politics not peace trims ‘green’ Christmas trees 

REUTERS

PARIS — The town hall in the 12th arrondissement of Paris is lit up for the festive season but the traditional Christmas tree in the public square is absent. In its place stands a tree-shaped sculpture made of recycled wood.

The municipality’s choice is in line with a trend across France and beyond to favor sustainability over tradition, and it has highlighted political divides ahead of the presidential election in April next year.

“A felled tree is generally the product of a monoculture, and monoculture is very dangerous for the soil and a tree that is chopped down is no longer present in nature to play its role in the capture of CO2,” said Guy Tabacchi, deputy mayor of the 12th arrondissement, which aims to eliminate felled Christmas trees from public places by 2026.

That could be a challenge.

Traditionalists installed a potted conifer in front of the town hall, which the local authorities removed and planted in a woodland on the edge of the city.

“A good Christmas is to have a tree, lit up, with ribbons. This is not the magic of Christmas,” said a grandmother and resident of the 12th arrondissement, who gave her name only as Annie. 

The argument has become wrapped up with the issue of national identity and has divided opinion along political lines.

“To be French is to have a Christmas tree. It is to eat foie gras. It is to vote for Miss France and it is the Tour de France because that is France,” Valérie Pécresse, candidate for the Les Republicains party, told a France 3 journalist during a TV debate.

In contrast, mayors with ecological sympathies, including in the eastern city of Strasbourg, have banished foie gras from official events.

Strasbourg municipal councillor Marc Hoffsess says hospitality can be just as French without the pâté made from the liver of ducks or geese fattened through force-feeding and judged by many as harmful to animal well-being and the environment.

“Identity can change. Do we have a conservative message where we cling to things from our history or should we carry a message that reconciles humans with what is at stake concerning the survival of our planet?” he said.

In the southwestern port city of Bordeaux, people who took exception to the 11-meter (36.09 ft) glass tree the municipality erected brought a traditional tree to the main square.

Didier Jeanjean, deputy mayor in charge of nature in Bordeaux, said the debate was healthy.

“The Eiffel Tower is today one of the most visited monuments in France but at the time, it was one of the most criticized,” he said. — Reuters

And Just Like That: How the sequel to Sex and the City is broadening the representation of 50+ women on TV

Kristin Davis, Cynthia Nixon and Sarah Jessica Parker in And Just Like That... (2021) — IMDB.COM

On the eve of release of the Sex and the City sequel, And Just Like That, I was excited. The show follows Carrie, Miranda, and Charlotte as they navigate life at 50 in a world that has changed quite a lot from that in the 2000s.

I really wanted to see how Carrie, Miranda, and Charlotte might navigate a different world after nearly 20 years. When it comes to TV narratives about older women, we, the audience, may still have hang-ups about their representation, and what we imagine their lives are supposed to be about. But in recent years those representations have evolved with shows such as Grace and Frankie — and now And Just Like That. These series give us the humor of The Golden Girls but a richer landscape of the interior lives of older women.

The age (and wealth) gap between myself and the characters in Sex and the City has not changed with And Just Like That, but I feel much closer to their age-related struggles now than I did in the late 1990s and early 2000s. I was pleasantly surprised to see that some of my earlier hopes were realized in the series.

Now there are comments on looks (to dye the grey hair or not to dye?) but they do come in a conversation about how a woman can be taken seriously no matter what she looks like. However, this is not what really gives me hope and joy about watching these seasoned Gen Xers living out loud in their 50s. There is a lot to celebrate — but for me it is Miranda’s story that resonates the most.

A lawyer at the top of her career with a loving husband and son, Miranda seemingly has the happy ending. But in And Just Like That she is setting herself down a new uncertain path. For her, her 50s are a time for rediscovery and learning as she returns to education to retrain as a human rights lawyer. There are also hints that she might start exploring her attraction beyond men. I just earned another university degree to support a change in career – and I, too, started exploring my queerness later in life.

While older women continuing to be sexual beings is not new for TV, a protracted look at how they grapple with emerging or latent queerness is breaking away from the usual tropes and a refreshing change from the focus on heterosexual middle and older age.

Carrie’s childlessness-by-choice also resonates now in a way it did not when I was engaged to a man in the early 2000s, and naively thought having a child was an inevitable part of female adulthood and marriage. Older women are often portrayed as wives and mothers. If they are childless and divorced, their stories can often be tinged with sadness or desperation.

Over the past decade, childlessness among all women has increased for numerous reasons — prioritizing careers or concerns about the state of the future and the environment being just a few. It seems fitting that more stories reflect this increasingly common reality for older women.

Now that I am in my early 40s, And Just Like That highlights for me is that awkward fumbling is not just for teenagers. As adults we never stop awkwardly moving through life because it is always changing, and so are the rules.

And Just Like That still highlights, as Sex and the City did before it, that friendships with women are relationships that deserve attention and intention. Similar to when they were younger, maybe, romantic loss presents new opportunities and adventures for older women. Instead of familiar sad depictions of lonely divorcees and widows, older women can form new, non-romantic bonds and explore unchartered areas of their potential.

We see this new hopeful take on romantic ends in the Netflix series, Grace and Frankie (2015), which is about two retired women who become unlikely friends after their husbands announce they are in love with each other. Its premiere comes 30 years after NBC’s The Golden Girls (1985), which was also about how older women’s lives endure even when their marriages don’t, or their children fly the nest.

In their 70s, Grace and Frankie are living more boldly on TV now than Blanche and the other Golden Girls were in their 50s and 60s. That’s right, the Golden Girls were the same age as the And Just Like That characters are now. Take a moment. It threw me, too since they seem so much older. More importantly, as a show that centers the friendship of two septuagenarians, Grace and Frankie represents a changing portrayal of women in this age bracket. Whereas many women this age recede into the background in supporting roles, this series shows that older women are not just relevant, but can explore the kaleidoscope of their existence through different eras and different phases.

Kadian Pow is a Lecturer in Sociology and Black Studies, Birmingham City University. She consults for Canvas 8 consumer forecast projects. She is affiliated with Canvas 8.

I had hoped this reboot would be more self-aware around the privileges of their whiteness and class positioning. I also really wanted Carrie and the girls to interact more meaningfully with women of color and younger generations. While it still has some work to do on this front it has fulfilled my hopes for how it represents 40+ women.

Both Grace and Frankie and And Just Like That remind us that women’s identities are not limited to wives, mothers or romantic interests. So, what a time to be alive. To see older female characters portrayed with depth, authenticity, humor and shades of awkwardness in the ways we are now accustomed to seeing female characters in their teens, 20s and 30s. Now, if we could just broaden, with frankness and grace, the focus on older women outside of the white, upper middle-class, heterosexual range, I would be grateful. Please and thank you.

 

Kadian Pow is a Lecturer in Sociology and Black Studies, Birmingham City University. She consults for Canvas 8 consumer forecast projects. She is affiliated with Canvas 8.

How PSEi member stocks performed — December 24, 2021

Here’s a quick glance at how PSEi stocks fared on Friday, December 24, 2021.


Consumers expected to show ‘moderation in spending’ over the next three months

Consumers expected to show ‘moderation in spending’ over the next three months

NGCP restores 85% of Vis-Min transmission lines after typhoon

PHILSTAR FILE PHOTO

THE NATIONAL Grid Corp. of the Philippines (NGCP) said it has restored 85% of the transmission lines in the Visayas and Mindanao as of Dec. 25.

The grid company had initially reported that 95 transmission lines were rendered inoperational by typhoon Odette (international name: Rai) which traversed the Visayas and Mindanao on Dec. 16. As of Saturday, 81 of the affected lines were restored.

Typhoon Odette also toppled 818 transmission poles and 12 towers.

In Mindanao, the Placer-Madrid 69 kilovolt (KV) line affecting Siargao island, parts of Surigao del Norte and Surigao del Sur, has yet to be restored. Meanwhile, in the Visayas, the NGCP said the grid is now capable of handling 100% of the typical 269 megawatt (MW) load of Panay Island; 71% or 179 MW of the Negros Island requirement; 96% or 168 MW of the Samar-Leyte requirement; 18% or 119 MW of the Cebu load; and 0% of Bohol’s.

The Department of Energy (DoE) and the National Electrification Administration (NEA) said earlier that power may not be restored to Bohol, Dinagat Islands, and Surigao del Norte, which includes the resort island of Siargao, by the end of the year.

The NGCP said in the Visayas it can now tap 1,235MW, enough to meet the region’s 728MW demand, with transmission lines in the region all connected.

This does not translate to full restoration of power to households, however, as some local distribution utilities or electric cooperatives may still be dealing with storm damage.

The National Electrification Administration (NEA) reported a damage estimae of P1.56 billion across 25 electric cooperatives as of Saturday.

This tally is expected to rise once all 74 cooperatives submit their damage reports.

NEA’s latest estimate of affected households is 3.9 million from 937 municipalities.

Some 1.56 million of these households or 72% have had their power fully restored, while 84 or 9% have partial electricity.

Meanwhile, 2.37 million households are still awaiting power restoration.

The National Power Corp. (NPC), which manages some government-run power generation assets, said its damage estimate is P24.4 million.

Some 87 power plants, three power barges, and two transmission lines are controlled by the NPC’s Small Power Utility Group, it said, affecting 274,000 households.

The DoE said it has perfomed minor restoration operations and is now addressing the major damage done to the power network. — Marielle C. Lucenio

DENR dispute resolution mechanism for land to be rolled out more broadly

TWITTER.COM/DENROFFICIAL

AN Alternative Dispute Resolution (ADRs) mechanism will be rolled out more widely after it was piloted in land disputes, the Department of Environment and Natural Resources (DENR) said in a statement.

“Although all the cases subjected to ADR pertain to land sector only, the ADR Officer’s expertise is DENR-wide and not in land alone. That’s why in 2022 we aim to roll out the ADR mechanism to other sectors,” LMB Director Emelyne V. Talabis said.

Ms. Talabis said that matters dealing with ADR are not focused on land alone, even though the agency most practiced in dealing with ADRs is the Land Management Bureau (LMB).

In 2016, guidelines on the adoption of the ADR mechanism were issued covering land management and disposition, where they were implemented by 2018.

Since then, 1,020 cases were referred to ADR, with some 281 cases under proceedings.

A total of 739 ADR cases were mediated, with 321 disputes or 43% to the total being settled. The remaining 418 failed to reach a settlement.

“43% is quite an accomplishment and a big leap from the almost zero settlements we had before the adoption of the ADR mechanism in LMB,” Ms. Talabis said.

The proposal is pursuant to the Alternative Dispute Resolution Act of 2004 and DENR Administrative Order 2005-18, which calls for the adoption of the ADR procedures in the resolution of conflict.

The DENR legal affairs office said it does not encourage litigation when dealing with land disputes, as it is often costly and tedious.

“We leverage the environment and natural resources to foster sustained peace instead of litigiousness among stakeholders,” DENR Assistant Secretary Michelle D. Go said. “Sustained peace will hasten the attainment of the development objectives of the department which will definitely have a ripple effect on the societal goals of inclusive growth and poverty reduction.”

DENR Regional Offices in Regions II, V, VI, X, and the Cordillera Administrative Region were among the first to institutionalize the ADR mechanism in their jurisdictions.

The comprehensive ADR accreditation training program has continued through online platforms over the course of the COVID-19 pandemic. — Luisa Maria Jacinta C. Jocson

Fight for Canadian nickel miner appears over as BHP bows out

REUTERS

A FIGHT for a Canadian nickel miner between BHP Group and Australian mining magnate Andrew Forrest may finally be ending.

BHP said it won’t match a proposal from Forrest’s Wyloo Metals Pty Ltd. for Noront Resources Ltd., a miner with access to high-grade Canadian nickel deposits in an untapped region of northern Ontario dubbed the Ring of Fire.

Mining heavyweights are racing to control more supplies of raw materials that are key to transitioning to low-carbon energy sources. Nickel is one of the main metals used in lithium-ion batteries for electric vehicles.

Wyloo reignited a bidding war with BHP for Noront after the two parties engaged in talks to resolve the battle last month. The latest proposal of 1.10 Canadian dollars ($0.85) per share from Wyloo, already a majority shareholder in the Canadian company, trumped BHP’s bid of C$0.75, and is nearly 60% above the C$0.70 bid that Wyloo made back in August.

“While the Eagle’s Nest deposit is a promising resource, we do not see adequate long-term value for BHP shareholders to support an increase in BHP’s offer,” BHP Chief Development Officer Johan van Jaarsveld said in a statement.

Shares of Noront  have risen nearly sixfold over the past year. — Bloomberg

Surpluses on the horizon expected to douse fire under copper prices

REUTERS

LONDON — Higher supplies and softer demand are expected to cool copper prices next year after a dizzying climb to record highs this year, but the metal’s central role in the energy transition will keep sentiment positive.

As top consumer China staged an economic rebound and exchange inventories fell to multi-year lows, benchmark prices on the London Metal Exchange shot to an all-time high of $10,747.50 a ton in May.

Prices have since fallen back to around $9,600.

Expectations of slower demand growth in China and rising supplies from operations such as Anglo American’s Quellaveco mine in Peru are likely to keep prices subdued next year.

“Long-term prospects for copper remain bullish, but the market looks set to be on pause next year compared to this year,” said Karen Norton, senior base metals analyst at Refinitiv, which expects a modest copper surplus next year.

Others such as Goldman Sachs see fears of China’s property slowdown as overblown, saying gains from electric vehicles or EVs, renewables and electrical network investment outweigh the policy-moderated drag from property and machinery.

Mine supply is expected to rise 3.9% to nearly 22 million tons next year, according to the International Copper Study Group, which expects a surplus of 328,000 tons in the refined market.

Mine supply will be supplemented by scrap, which typically accounts for about one-third of global refined metal supplies, keeping prices subdued.

Bank of America expects demand to hold firm next year and only sees a surplus in 2023. It forecasts prices to average $9,813 a ton next year and $8,375 a ton in 2023.

Demand for copper from efforts to decarbonize will intensify, with JPMorgan forecasting it will account for more than 40% of overall demand growth next year in the 25-million-ton market.

Copper is a material for the green revolution which includes electric vehicles and charging stations and renewable energy sources such as wind and solar.

JPMorgan forecasts total copper demand from energy transition rising from 1.8 million tons this year, to more than 3 million tons by 2025.

However, mining companies have not invested in enough copper production capacity to meet demand, analysts say, ushering in a period of deficits in the longer term.

“Miners can’t just flip a switch overnight and start production, it takes time. Both electric vehicles and wind power are quite copper-intensive,” said Wood Mackenzie analyst Jonathan Barnes. — Reuters

The digitalization of corporate compliance

Second of two parts

The first part of this article talked about the digital transformation and technology modernization roadmap of the Securities and Exchange Commission (SEC), which included the launch of various digitalization projects aimed at promoting ease of doing business and efficiently delivering government services amid the pandemic and in preparation for the transition to the so-called new normal economy.

Aside from company registration discussed in the first part, there are other already rolled-out initiatives and soon-to-be-launched systems on contactless applications and compliance.

ONLINE REPORTS SUBMISSION
On March 15, the SEC launched the Online Submission Tool (OST) that allows companies to submit certain reports online in lieu of its physical lodging. The OST has since been renamed the Electronic Filing and Submission System (eFAST), which permits companies to digitally submit their Audited Financial Statements (AFS), General Information Sheet, Sworn Statement for Foundations, and General Form for Financial Statements, among other reportorial requirements.

Corporate filings under eFAST are optional in 2021 but will be made mandatory in 2022 according to the SEC. When eFAST was launched this year, it also experienced some birth pains, such as system errors, downtime, and other online bugs that have affected its optimal use. Because of these, the SEC continued to accept manual filings by registrants who have encountered errors or have not yet applied for its use.

We should note that an application to use eFAST needs, among others, the approval of the board of directors. Lodging is also online and the company may designate a primary filer and alternate filers who can access the system. However, there can only be one assigned filer at any given time although designation may be changed at need.

With online filing, electronic signatures may be affixed on the documents, like the Independent Auditor’s Report and the Statement of Management Responsibility (SMR) required to be signed by the Chairman, Chief Executive Officer, and Chief Finance Officer, or their equivalent, and attached to the AFS. However, there are exceptions. For instance, the SMR of public or listed corporation must be signed under oath. A Notary Public will still require wet signatures on documents for notarization.

The SEC also clarified that although e-signatures may be used, corporations must keep originally signed documents in their files for presentation to the Commission, if required.

Previously, the SEC adopted the AFS filing schedule depending on the last digit of a company’s SEC registration number as a means of managing the deluge of filers on the deadline. This system is now supplemented by the eFAST, which helps to further manage any health risks that may arise from congestion at the Commission’s main or satellite offices. The online filing system also significantly reduces use of paper and other resources, including the administrative cost of physically filing the documents with the SEC.

While the eFAST system is still undergoing continuous improvement, the SEC envisions that eventually all types of corporate filings can be accepted by the system.

APPLICATIONS AND REQUESTS
All types of applications can now be filed online through electronic mail. There are designated email addresses depending on the type of application lodged with different SEC offices, such as corporate reorganization, quasi-reorganization, and equity restructuring with the Financial Analysis and Audit Division; amendment of the Articles of Incorporation or By-Laws to include increase or decrease in the authorized capital stock with the Company Registration and Monitoring Department; and registration of securities with the Securities Registration Division. The Corporate and Partnership Registration Division also accepts petitions for revocation of corporate licenses and other complaints.

Requests for monitoring clearances may likewise be requested via email. Given the expected volume of requests, the SEC typically replies within a few days or, based on recent requests, more than a week at the latest. All forms to be accomplished are emailed and clear instructions, including the payment process, are provided.

The filing itself is convenient but for certain types of applications, the processing time is still largely dependent on the handling SEC officer assigned to act on the submissions. Since the SEC continues to adopt alternative work arrangements, registrants have to rely on emails from assigned processors on the results of their review, including any request for additional documents. Due to the various restrictions imposed over the past months, securing appointments to follow up pending applications continues to be a challenge for registrants. This no-contact policy, coupled with the workload of SEC reviewers, may contribute to possible delays in the approval of applications and requests.

COMPLIANCE REQUIREMENTS
The SEC has also adopted stricter monitoring of corporations, its stockholders, and officers to ensure compliance with Republic Act 9160 or the Anti-Money Laundering Act, as amended. It has likewise done so through the use of technology.

In March 2021, the SEC required the online submission of the Beneficial Ownership Declaration (BOTD) Form, which is a mode of disclosure by nominee directors, officers, or shareholders. Under the new transparency rules laid down in Memorandum Circular No. 1, Series of 2021, these nominees must report to the SEC their principals, or the persons for whom they hold the nominal shares.

The Commission has imposed penalties for any late disclosure. Interestingly, while tech-savvy stockholders found the procedure of filling up and uploading the forms and the supporting documents relatively easy to follow, foreign shareholders noted the use of only one email platform, Google Mail, to comply with the reportorial requirement.

PAYMENTS
As payment for applications and penalties is a necessary part of their transactions, the Commission also introduced the Electronic System for Payments to SEC (ePAYSEC) to facilitate the settlement of registration charges, penalties, and other transaction fees. The platform allows the use of debit and credit cards, digital wallets, and other cashless payment options.

While traditional payment facilities are still available, such as payment through the SEC cashier or through Landbank of the Philippines (LANDBANK), more corporations now prefer these more convenient and arguably smarter contactless settlement options.

Still, proof of payment must be provided the SEC, which will trigger the processing and release of the requested documents. Similar to the eFAST system, the payment system is undergoing continuous enhancement with some enhancements already rolled out or scheduled for deployment soon.

While it is certainly encouraging to see the strides the SEC has made in the digital transformation in these vital functions, it is also interesting to note that there are numerous other enhancements rolled out or scheduled for deployment soon.

Among these are a central database and processing software for all the data the SEC will receive from monitored entities. In addition, an accreditation registry system for external auditors and auditing firms will soon be in place. The SEC also wants to establish an integrated complaints management system to keep its registered entities in check. New SEC units have likewise been created, including the PhilFintech Innovation Office to support financial technology innovations while strengthening consumer protection.

Alan Brown in his book, Digitalizing Government: Understanding and Implementing the New Digital Business Model, could not have put it more succinctly when he said: “Digital transformation therefore requires redesign and re-engineering on every level — people, process, technology and governance.”

The SEC is certainly moving in the right direction.

This article is for general information only and is not a substitute for professional advice where the facts and circumstances warrant. The views and opinion expressed above are those of the author and do not necessarily represent the views of EY or SGV & Co.

 

Cecille S. Visto is a Tax Senior Director and Senior Lead Manager of the Entity Compliance and Governance Services of SGV & Co.

Spike in COVID cases seen post holidays, typhoon

BRP ANG PANGULO

By Kyle Aristophere T. Atienza, Reporter

DAILY coronavirus infections in Manila, the capital, and nearby areas might increase after the holiday season, a group of researchers said on Sunday, as the country faces more public health challenges brought about by one of the world’s strongest typhoons of the year.

Metro Manila might post 300 coronavirus cases daily in the coming days, OCTA Research Fellow Fredegusto P. David said in a Facebook Messenger chat. “Right now we are not seeing it yet, but it is possible.”

The potential uptick in cases in Metro Manila becomes more evident after the infection rate increased recently, he said.

“The holiday uptick seems real because of the increase in positivity rate,” Mr. David said. “The uptick may be due to an increased number of gatherings during the holiday.”

The positivity rate refers to the percentage of people who are positive for coronavirus disease 2019 (COVID-19) out of the total number of people tested during a certain period. It measures the spread of the infectious disease in a given area.

A positivity rate below 5% indicates that virus transmission is under control, according to the World Health Organization.

On Friday, Mr. David said the capital region’s positivity rate increased to 0.77 from Dec. 16 to Dec. 22, higher than the 0.62 infection rate from Dec. 12 to Dec. 18.

“The National Capital Region (NCR) remains at very low risk at this time but we will continue to monitor if trends will change,” Mr. David told BusinessWorld on Sunday.

He said hospitals were at low capacity. “The system will be able to absorb a surge at this time up to a certain level.”

In its latest monitoring report, OCTA said the reproduction number in the capital region increased to 0.70 last week from 0.42 in mid-December.

The 0.70 figure is also up from the 0.35 rate recorded from Nov. 29 to Dec. 5.

Still, the figure is well below the critical level of 1.4.

“If we compare this with last year, the reproduction number also spiked before the holidays, followed by a dip during the holidays (and) then an uptick by the first week of Jan. 2021,”  Mr. David said in a report released on Sunday.

“The holiday uptick may explain the increasing reproduction number and positivity rate,” he added. “On the other hand, a continued increase in the reproduction number during the holidays would indicate a pattern not observed in Dec. 2020.”

NATIONWIDE
A potential spike in cases nationwide is expected by January, Ranjit S. Rye, another OCTA fellow, said in a Facebook Messenger chat. He did not elaborate.

Meanwhile, Mr. David told BusinessWorld that daily infections in areas affected by typhoon Odette, internationally known as Rai, might also increase.

“This happened last year, there was an uptick in Region 2 and Bicol region because of flooding.”

An estimated 550,000 people have been displaced by the typhoon, including those in evacuation centers or have sought shelter with relatives and friends.

The Department of Health has already warned the public of a possible outbreak of waterborne and food-borne illnesses in Odette-hit areas.

In the island province of Siargao, where the typhoon made its first of nine landfalls, a diarrhea outbreak has already been declared by local authorities.

Health and local authorities must continue ramping up efforts in other health programs “while COVID-19 cases are relatively lower than before and vaccination rollout seems stable,” Joey Francis Hernandez, treasurer of the Philippine Society of Public Health Physicians, said in a Facebook Messenger chat.

The national government and local units should mobilize emergency funds and reallocate health staff for infectious disease surveillance and disaster response, he said.

“By this time, we can already safely redistribute resources which have been lowered in the priority list due to COVID-19.”

Mr. Hernandez said arresting a potential outbreak of diarrheal diseases, influenza-like diseases, leptospirosis, and dengue would reduce the burden on the country’s health system, which he said is already strained due to the coronavirus.

“Such refocusing now would prepare us in case another COVID-19 surge happens after the holidays.”

The public health expert, meanwhile, said local government units must ensure that strategies to mitigate the risks of infectious diseases during calamities are integrated in their health plans.

The government aims to fully vaccinate at least 54 million Filipinos by yearend, as it seeks to prevent an outbreak of the highly contagious Omicron variant.

Kezia Lorraine Rosario of the government’s vaccine operations center earlier said the heavily mutated Omicron variant might still spread locally despite the decreasing number of cases in the country.

Health authorities have already shortened the interval for booster shots against the coronavirus.

About 47.12 million Filipinos have been fully vaccinated against the coronavirus as of Dec. 25, data from the Health agency showed. The government has already injected 1.37 million booster or additional doses, it added.

COVID TALLY
The Health department reported 433 new coronavirus infections on Sunday, bringing the total to 2.84 million.

The death toll from the coronavirus hit 51,200 after 13 more patients died, while recoveries increased by 283 to 2.78 million, it said in a bulletin.

There were 9,522 active cases, 458 of which did not show symptoms, 3,574 were mild, 3,339 were moderate, 1,777 were severe, and 374 were critical.

The agency said 91% of the reported cases occurred from Dec. 13 to 26. The top regions with cases in the recent two weeks were Metro Manila with 192, Calabarzon with 45, and Central Luzon with 33.

It said 38% of the reported deaths occurred in December, 23% in October, 15% in September, 8% in July, and 15% in March.

The Health department said 17% of intensive care units in the Philippines were occupied. The rate for Metro Manila was also 17%.

The agency said five duplicates were removed from the tally, all logged in as recoveries, while nine recoveries were relisted as deaths.

It said 169 patients had tested negative and were removed from the tally. “These 169 are recoveries.”

Two laboratories did not operate on Dec. 24, while six laboratories did not submit data.

“Based on data in the last 14 days, the 8 non-reporting labs contribute, on average, 0.7% of samples tested and 0.9% of positive individuals.”