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Stuff to do (12/24/21)

Typhoon Odette relief efforts through LazadaforGood

AS PARTS of Visayas and Mindanao suffer the aftermath of the strongest typhoon to hit the country this year, Lazada is encouraging Filipinos to help provide support and relief to communities affected by Typhoon Odette by donating to relief efforts through #LazadaForGood partner NGOs, including World Vision, Save the Children, UNICEF, and many more. For more details, visit https://lzd.co/LazadaForGood.

Noel Cabangon’s birthday, fundraising online concert

SINGER-songwriter Noel Cabangon will hold Dito sa Bahay Christmas and Birthday Edition, a fundraising concert for Dinagat island on Dec. 26, 9 p.m. on his Facebook page, www.facebook.com/NoelCabangonMusic. Donations can be coursed through GCash, Banco De Oro, and donations in kind. For more details, visit https://www.facebook.com/NoelCabangonMusic/posts/450765156418813.

CCP holds Misa De Aguinaldo

THE CULTURAL Center of the Philippines (CCP) will hold Misa De Aguinaldo (Christmas Eve Mass) live at the Main Theater on Dec. 24, 7:30 p.m. The Manila Symphony Orchestra, under the baton of Jeffrey Solares, will serenade mass goers as they enter the venue. The Mass will be celebrated by Fr. Mario Sobrejuanite, SSP at 8 p.m. The Philippine Madrigal Singers will perform Handel’s “Messiah” with Koro ni San Jose, the Malabon Concert Singers, and the Archangel’s Journey Choir. Lara Maigue and Nanette Moscardon–Maigue will also sing during the Communion. Free tickets will be distributed on at 6 p.m. at the CCP Little Theater Entrance and Ramp Area. Due to IATF’s guidelines, the venue can only accommodate up to 50% of the normal capacity. Tickets are limited and will be distributed on a first come, first served basis. Before coming to the venue, download and register at the StaySafe.ph app. Everyone is required to scan the staysafe.ph unique CCP QR Code prior to enter the premises (for Android: https://bit.ly/StaySafe-Android; for iPhone: https://bit.ly/StaySafe-iOS). Mass goers must bring their vaccination card. Unvaccinated children should be accompanied by vaccinated adults. For further details on the CCP’s protocols, click this link: https://bit.ly/CCPNewNormalProtocol. For more details, visit www.facebook.com/culturalcenterofthephilippines/.

BTS pop-up store opens on Christmas Day

THE SPACE of BTS pop-up store opens at SM Megamall on Dec. 25. It will be there until March 31, 2022. Because of COVID restrictions, only a limited number of slots are open per day, with visits limited to 45 minutes. To reserve a slot, visit https://2021btspopupasia.ph.morningkall.com/. Reservations open every Wednesday at 1 p.m. on the week prior to a visit. One reserved slot is good for two people. The BTS Pop-Up: Space of BTS store is located at UG/F Building B, SM Megamall, Mandaluyong City.

Celebrating a pet Christmas at Robinsons Magnolia

THIS year, Robinsons Malls, in partnership with Pet Lovers Centre, is holding a weeklong pet event dubbed as Santa’s Pet Village, which runs until Dec. 26 at Robinsons Magnolia Atrium. Get a chance to win a P2,000 pet party package by registering a pet at the Pawsta Eating Contest — either Small-Medium Category or Large Breed category. The first pet to finish the bowl of spaghetti wins the prize. There will be a Furry & Fab Pet Pawshion Show with 10 cats and dogs strutting down the runway in Christmas costumes. Three best dressed and three special awardees shall take home special pet goodies from Pet Lovers Centre. As part of its advocacy for responsible pet ownership, Robinsons is holding various Pet Talks about pet nutrition, grooming, training, and more. At Santa’s Pet Village, there will be free vet consultation and anti-rabies vaccinations. Pre-register pets at Pet Lovers Centre Magnolia branch. On Dec. 24 and 25, five lucky pets visiting Santa’s Pet Village at Robinsons Magnolia will receive P1,000 worth of Pet Lovers Centre products. To know more about Santa’s Pet Village and other activities, follow Robinsons Magnolia, Pet Lovers Centre Philippines and Robinsons Malls Happy Pets Club in Facebook.

Visit a Money Heist-themed Escape Room

TO EXTEND the thrills of the season finale of Netflix’s hit original series Money Heist (La Casa De Papel), mobile services provider Smart Communications, Inc. and game organizer Mystery Manila have teamed up once again to bring the themed virtual escape room called “The Professor’s Puzzle” for fans of the show. To make it more exciting, players who have the fastest time in solving the escape room can get a chance to win a 5G handset from Smart Signature. Join the Professor’s Puzzle escape room experience by visiting https://smart.com.ph/Pages/prof-puzzles.

Special SC session called for Biden vaccine rules

REUTERS

THE US SUPREME COURT (SC) said it would hear arguments on an expedited basis on President Joseph R. Biden, Jr.’s coronavirus disease 2019 (COVID-19) shot-or-test rule for large employers and his separate vaccine mandate for healthcare workers.

The justices will hear both cases at a special Jan. 7 session, weighing whether to let the rules take effect in the face of a barrage of legal challenges. The cases will test the power of the federal government to tackle a pandemic that has killed more than 800,000 Americans.

The more sweeping clash involves an emergency Occupational Safety and Health Administration (OSHA) rule that requires employers with 100 or more workers to make them get vaccinated or be tested regularly. 

The justices will hear arguments from business groups and Republican-led states. They argue that OSHA exceeded the powers Congress gave the agency and that the federal government lacks constitutional authority to issue such a sweeping mandate.

“The goal of getting more Americans vaccinated does not allow the executive branch to use regulatory fiat to achieve a significant social, economic, and political change via the limited emergency power that Congress authorized,” 26 business groups led by the National Federation of Independent Business argued. 

Ohio is leading a separate group of 27 states challenging the OSHA rule.

A DIFFERENT CHALLENGE
The rule had been set to take effect Jan. 4, though the agency has said it wouldn’t start issuing citations before Jan. 10. A Cincinnati-based federal appeals court backed the administration in a 2-1 decision.

“The record establishes that COVID-19 has continued to spread, mutate, kill, and block the safe return of American workers to their jobs,” Judge Jane B. Stranch wrote for the court. “To protect workers, OSHA can and must be able to respond to dangers as they evolve.”

The Supreme Court has backed vaccine mandates in other contexts, rejecting challenges to state rules even if they don’t let people opt out for religious reasons. But the latest cases involve different issues about the power of administrative agencies and the federal government.

The other rule, issued by the Centers for Medicare & Medicaid Services, requires vaccinations for employees at facilities that participate in the Medicare and Medicaid healthcare programs. The rule requires facilities to provide medical and religious exemptions.

“Delaying the rule would cause serious, tangible harm to public health,” the administration argued. “If the rule remains stayed during this winter’s anticipated COVID-19 surge, hundreds and potentially thousands of patients may die at hospitals, nursing homes, and other facilities participating in Medicare and Medicaid as the result of COVID-19 infections transmitted to them by staff.”

Lower courts are divided on the CMS mandate, and the administration is currently barred from enforcing the rule in about half the country. The rule is being challenged by separate groups of states led by Missouri and Louisiana.

In siding with the Missouri group, US District Judge Matthew Schelp said that “the nature and breadth of the CMS mandate requires clear authorization from Congress — and Congress has provided none.”

White House Press Secretary Jen Psaki, in a statement late on Wednesday, said “at a critical moment for the nation’s health, the OSHA vaccination or testing rule ensures that employers are protecting their employees and the CMS healthcare vaccination requirement ensures that providers are protecting their patients.

“We are confident in the legal authority for both policies and DoJ will vigorously defend both at the Supreme Court,” she said, referring to the Department of Justice.

The Jan. 7 arguments will be the third expedited session of the court’s current term, joining a clash over Texas’ ban on most abortions after six weeks and a case about the role of ministers in the execution chamber.

The showdown will also mark a rare instance — and possibly the first in decades — of the court hearing arguments on an application for a stay. The court normally resolves those types of requests through written briefs alone.

The justices have been under increased scrutiny in recent months over their handling of the so-called shadow docket, the stream of emergency requests that has become a major chunk of the court’s work. Critics say the court at times doesn’t adequately explain shadow docket decisions, even when they determine the fate of important government policies. — Bloomberg

CTBC Bank extends funding for PGH ambulance

CTBC Bank (Philippines) Corp., a subsidiary of Taiwan’s largest private bank, recently donated P3.72 million to the Philippine General Hospital Medical Foundation, Inc. (PGHMFI) for the purchase of a new ambulance equipped with life support capabilities for use of the hospital’s department of emergency medicine.

The PGH foundation, a nonprofit organization, serves as conduit of donations from various individuals, corporations, foundations and other funding agencies of the hospital.

“The Bank’s philanthropic efforts have always been focused on finding ways to uplift the lives of the various communities that it serves, and provides support and assistance to other meaningful causes,” said Oliver Jimeno, CTBC Bank president and chief executive officer.

“During these extraordinarily trying times of the pandemic, we are taking steps to help government hospitals in their coronavirus disease 2019 (COVID-19) response efforts. The pandemic has taught us the importance of providing first-line medical treatment, and speedy and safe transportation of patients who are in need of advanced lifesaving equipment,” Mr. Jimeno added.

It said PGH was chosen by CTBC Bank as the beneficiary of its ambulance donation because it is the biggest COVID-19 referral hospital in the country, serving more than 600,000 patients annually, 98% of whom are indigent.

“We are grateful to partner with CTBC Bank in the fight against COVID-19. The Advanced Life Support Ambulance is important as it will allow PGH to help transport critically ill patients and provide emergency first response care for them while enroute to the emergency room,” said Dr. Telesforo Gana, Jr., chairman and president of PGHMFI.

The bank said as with CTBC Bank Taiwan and its other overseas subsidiaries that have been helping COVID-19 relief efforts around the world, “CTBC Bank Philippines has come forward since the onset of the pandemic to support the Philippine Children’s Medical Center and National Children’s Hospital through donations of protective equipment and disinfection supplies for use of hospital workers. Pediatric patients of these two children’s hospitals also received personal health and safety gears, learning kits and grocery items.”

Calamity drive for ‘Odette’ survivors

“LAST week, our country was once again hit by a very strong typhoon that devastated northern Mindanao, Visayas, and Palawan. The aftermath of this calamity was so tremendous causing the loss of homes, livelihood, and lives.”

Thus said the joint letter from the three leaders of the Financial Executives Institute of the Philippines (FINEX), namely: FINEX President Francisco Ed. Lim, FINEX Foundation Chairman Jose Jerome R. Pascual III, and FINEX Academy Chairman Eusebio V. Tan.

They appealed for assistance by contributing any amount to the FINEX donation drive for victims of Typhoon Odette, which lashed through six regions of the country and left a trail of massive destruction. To start the drive, FINEX is contributing P300,000 as the seed money for this campaign. The proceeds will be coursed through the CBCP Caritas Filipinas Foundation, Inc.

One of the hardest-hit areas was the southern part of my home province, Negros Occidental — particularly the cities of Sipalay, Kabankalan, and Himamaylan as well as the municipalities of Ilog and Cauayan.

President Rodrigo R. Duterte and Vice-President Maria Leonor G. Robredo visited Kabankalan City this week to assess the situation on the ground and provide relief to thousands of affected residents. Until now, many of them do not have electricity and drinking water in the aftermath of Typhoon Odette’s category 5 winds and disastrous flooding.

Generous souls may deposit or transfer their donations to FINEX Research and Development Foundation, Inc.’s BPI account no. 3121-1865-18 and e-mail a copy of the deposit slip to mlnbanzon@finex.org.ph.

SUGAR & SMILES ART EXHIBIT
On a brighter note, Negrense artist Edbon Sevilleno launched his one-man show last Nov. 30 at Ayala Malls Capitol Central in Bacolod City. The exhibit opened simultaneously with the unveiling of Sugar & Smiles: The Negrense Legacy Beyond 2020, the first coffee table book about the province of Negros Occidental.

Mr. Sevilleno is one of the top watercolor painters in the country today. His subjects reflect Negrense life in urban and rural scenes that he calls “Negroscapes” — including the workers in the sugarcane and gamefowl industries. Formerly based in Dubai, he has since returned to his hometown and 10 of his paintings serve as chapter dividers in the Sugar & Smiles book.

Other Negrense visual artists highlighted in the 320-page heirloom collectible include Rodney Martinez, Nunelucio Alvarado, Charlie Co, Dennis Ascalon, Maria Leah Samson, and Manny Montelibano along with National Artist for Architecture Leandro Locsin. In the performing arts, several illustrious Negrenses are featured such as Peque Gallaga, Gilopez Kabayao, Joel Torre, Cecile Sicangco, Erik Matti, Susan Roces, Pancho Magalona, Toto Sicangco, Bobby Enriquez, Leo Valdez, and Angel Locsin.

Proceeds of Mr. Sevilleno’s exhibit will partly go to the Kalipay Negrense Foundation, which is also the beneficiary of the coffee table book project. Details are available at www.sugarandsmiles.ph or @Sugar&SmilesPH Facebook page.

 

J. Albert Gamboa is the chief finance officer of Asian Center for Legal Excellence and co-chairman of the FINEX Week Committee. The opinion expressed herein does not necessarily reflect the views of these institutions and BusinessWorld.

Employee motivation starts with a morale survey

I’m the human resource (HR) manager of a small factory with 130 workers. We have a high turnover rate now approaching the 25% mark. That’s across all jobs, including line supervisors and managers. What’s the quick solution to help stem the exodus? — Yellow Submarine.

“Leadership is the art of getting someone else to do something you want done because they want to do it,”  according to former American President Dwight Eisenhower (1890-1969). But what if your supervisors and managers are part of the problem? Can demotivated managers motivate their workers?

Of course, not. You can’t give what you don’t have. And this applies to motivation. If the supervisors and managers are not motivated, then how can they help motivate others? In the first place, you need to discover the root cause (or causes) of the problem. Is it about low pay and perks? How about work culture? How about the style of top management? Is it about the incompetence of line executives? The list could go on and on.

“Understanding what motivates your employees — and leveraging it at the right moments — has the power to transform your business,” according to Jim Barnett, writing in Forbes (2020).

In general, motivation can be described as either “intrinsic” or “extrinsic.” Intrinsic motivation is what prods a person to achieve something monumental because that’s what they want regardless of material rewards, work culture, or their bosses’ management style.

Intrinsically motivated people are those who want to achieve their career aspirations with or without material rewards. I’ve seen it in a lot of people who want to prove something for some reason, like an experience of rejection and the opportunity to prove their detractors wrong.

On the other hand, extrinsic motivation involves performance bonuses, promotions, hefty merit increases, foreign trips, stock options, and substantial zero-interest loans  to finance things like new houses — rewards that could fall into the category of “golden handcuffs.” Between “intrinsic” and “extrinsic” motivation, what do you think will work best for your company.

Citing a 2014 study that incorporates a 40-year meta-analysis, Barnett says: “Intrinsic motivation was nearly six times more powerful than extrinsic motivation in predicting performance.”

LOCAL CONTEXT
You may argue that this 2014 study was done by people with a Western orientation. How about a specific country like the Philippines, or in a local setup, like your own organization? Be aware that the road to hell is paved with good intentions.

We promise to learn from others, but we challenge their lessons. That’s just critical thinking. But we also promise to save money for the education of our children, but succumb to the temptation of using it as a downpayment for a new car. We promise to undergo an executive medical checkup, but cancel appointments at the last minute.

How much are we losing by ignoring the red flags representing mismanagement? Sure, you can undertake your own study to account for your company’s unique circumstances. That’s assuming you have the time and expertise to come out with an objective result.

One approach is to conduct an annual employee morale survey that covers management style, compensation policy, working conditions, performance standards, and many more. To make the results objective, require all employees to participate while guaranteeing anonymity.

It’s better to hire an external consultant to process and analyze the results so that you will not be accused of tinkering with the outcome.

DIAGNOSIS
As a management consultant and former HR practitioner with more than 35 years of corporate experience, I’m all too familiar with the Filipino mindset of ningas-kugon, which is more or less equivalent to procrastination. You may have completed reading this article and promised to heed my advice only to forget it the moment your boss dumps an important assignment.

In the end, you’ll end up with nothing except the need to impress top management and workers with alibis that are the equivalent of directly blaming line supervisors and managers for their incompetence. You end up returning to zero with no data to back up your claims because you failed to carry out an employee morale survey.

The ball is always in HR’s court. It’s the primary department responsible for reducing the turnover rate; the line executives are responsible for carrying out whatever plans are implemented to limit turnover.

There’s no “quick solution.” Much depends on the HR department’s determination to address the high turnover rate; that involves accurately diagnosing what is troubling the organization. And the best approach to achieve this is a morale survey.

 

Have a chat with Rey Elbo via Facebook, LinkedIn or Twitter or send your workplace questions to elbonomics@gmail.com or via https://reyelbo.consulting.

PSC funds relief operations for Odette survivors

THE Philippine Sports Commission (PSC) will release P2 million for relief efforts in the Odette-devastated Visayas and Mindanao areas.

PSC Chairman William Ramirez tapped former PSC Executive Director and Commissioner who served during Mr. Ramirez’ first term as PSC chief, Fr. Vicente Uy, who is now Private Schools Athletic Association (PRISAA) Region VII President, to spearhead distribution of care packages in typhoon-hit areas in Visayas and Mindanao.

Relief operations will be supervised by Mr. Uy in coordination with concerned local government units, universities and parishes. PSC’s Philippine Sports Institute Deputy Director Marlon Malbog is organizing all sports coordinators in the area to assist Mr. Uy in the distribution of care packages.

“Fr. Uy has the leadership and integrity to be on top of this on the ground. We are directly coordinating with him. The PSC, archdioceses, universities, teachers and the sports community will come together and help,” explained Mr. Ramirez.

“The PSC’s compassion for the calamity victims and passion for the cause of humanity are deeply appreciated,” said Mr. Uy on the PSC board’s action.

This Monday, the PSC partnered with the Armed Forces of the Philippines on the transport of about 10,000 bottled water and 900 units of mattresses to the local government of Bohol. Succeeding packages still being organized will also be sent.

The PSC Board also approved the release of a P15,000 financial assistance for each of the 136 athletes and 31 coaches reported as affected by the typhoon.

Entertainment News (12/24/21)

OPM singers pay tribute to frontliners

TWENTY-FIVE Filipino artists have come together for a special song called “Bayaning Tunay” which is dedicated to frontliners. The song is performed by Ogie Alcasid, Regine Velasquez-Alcasid, Gary Valenciano, Lea Salonga, Zsa Zsa Padilla, Pops Fernandez, Martin Nievera, Lani Misalucha, Noel Cabangon, Piolo Pascual, Bamboo, Ely Buendia, Rico Blanco, Erik Santos, Christian Bautista, Jed Madela, Nyoy Volante, Angeline Quinto, KZ Tandingan, Morissette, Klarisse, Janine Berdin, Jason Dy, Sam Concepcion, and Lara Maigue. “The cases of COVID-19 are going down. Praise the Lord! Let us not forget the unsung heroes who helped us during the most difficult moments in our hospitals during the pandemic — the frontliners,” Ogie Alcasid, the song’s composer said in a statement. Released by Star Music, “Bayaning Tunay” is arranged by Homer Flores, mastered by Tim Recla, and overall produced by ABS-CBN Music creative director Jonathan Manalo, with Ogie and Gary V as production consultants. The song available on music streaming services worldwide.

Osabel is The Clash Season 4 Grand Champion

ILIGAN’S Mariane Osabel was named The Clash 2021 Grand Champion during The Final Clash held last Dec. 19. Her winning song was Harish Joya’s “Bakit Mahal Pa Rin Kita,” besting Pampanga’s Vilmark Viray who performed Christian Paul Rosa’s “Umuwi Ka Na” —  both original compositions are from The Clash songwriting challenge. As Grand Champion, Osabel will receive prizes worth over P4 million, including P1 million in cash, a house and lot, and an exclusive management contract with GMA-7.

Netflix releases The Witcher: Blood Origin teaser

LEARN the untold history of the Continent with The Witcher: Blood Origin, a new prequel series set in a world 1,200 years before the events of The Witcher. The six-part prequel series will explore the creation of the first prototype Witcher, and the events that lead to the pivotal “Conjunction of the Spheres,” when the worlds of monsters, men, and elves merged. The prequel is created by Declan De Barra, and directed by Sarah O’Gorman, and Vicky Jewson. It stars Sophia Brown, Laurence O’Fuarain, Michelle Yeoh, Mirren Mack, Lenny Henry, Jacob Collins Levy, Lizzie Annis, Huw Novelli, Francesca Mills, Amy Murray, Nathaniel Curtis, Zach Wyatt, and Dylan Moran. The Witcher: Blood Origin will be released in 2022. Meanwhile, The Witcher Season 2 is available to stream now.

How competitive is the Philippines in acquiring, growing, and retaining talent?

How competitive is the Philippines in acquiring, growing, and retaining talent?

How PSEi member stocks performed — December 23, 2021

Here’s a quick glance at how PSEi stocks fared on Thursday, December 23, 2021.


DTI bats for CBDs to be given typhoon rehabilitation priority

PHILSTAR FILE PHOTO

By Arjay L. Balinbin, Senior Reporter

THE RESTORATION of power, water, and telecommunications services in business districts damaged by typhoon Odette should be priorities in the rehabilitation effort, Trade Secretary Ramon M. Lopez said.

“Yes, definitely that’s top of the agenda. Damage to transmission lines was severe and it will take days or weeks, but the government and private operators are working 24/7 to restore power as early as possible, and bring food and water to affected areas on a sustained basis,” Mr. Lopez said in a phone message to BusinessWorld late Wednesday.

He was asked to comment on the Cebu IT-BPM Organization’s (CIB.O) suggestion that the government “allocate attention that is more focused on the business districts” so that businesses, including information technology and business process management (IT-BPM) companies, can resume operations immediately “while the rest of the province is being fixed.”

“The President and some of us in the Cabinet have been visiting the affected areas to have first-hand appreciation of the problems and to bring relief and solutions,” Mr. Lopez said.

“From the latest reports I heard from Sec. Cusi (Energy Secretary Alfonso G. Cusi), they have tripled their efforts to restore power and it is partially getting back,” he added.

CIB.O President Exuperto P. Cabataña told BusinessWorld in a phone interview Wednesday that 80% of the IT-BPM companies in Cebu were down.

“The houses have no power and if there’s no power, even if there’s signal, they cannot communicate or use the internet,” he said.

In a statement Thursday, the IT and Business Process Association of the Philippines (IBPAP) said the IT-BPM companies’ priority this time “is to get every employee accounted for and kept safe amid the ongoing chaos in the hard-hit areas.”

“Business continuity plans have also been activated in response to the disruption caused by the typhoon,” IBPAP President and Chief Executive Officer Jack Madrid said.

“IBPAP has been in regular contact with its members who have operations in the Visayas and Mindanao. Their primary concerns reflect that of the general population — food and water, fuel and power supply, stable connection, and shelter,” he added.

IBPAP, he noted, has assisted members in finding hotel accommodations and in one case, chartering a plane for the delivery of relief goods.

“IBPAP has also been leading a donation drive together with its subsector organizations.”

PCIC estimates crop insurance payout at P828 million in typhoon zone

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THE PHILIPPINE Crop Insurance Corp. (PCIC) said it is setting aside around P828 million for potential payouts to farmers and fisherfolk in storm-hit provinces.

In a statement Thursday, the PCIC estimated the number of insured farmers and fisherfolk at around 79,217 in the provinces hit by typhoon Odette (international name: Odette), most of them from the Visayas.

The agricultural damage caused by the typhoon has been estimated at P3.1 billion so far, with the volume of lost production at 90,316 metric tons (MT), according to the Department of Agriculture (DA).

Crops lost were mainly rice, corn and high-value crops (HVC) across 63,695 hectares in 28 provinces and six regions. Other losses include livestock and non-crop and fisheries assets, such as small boats, the PCIC said.

HVCs include cacao, okra, ampalaya (bitter gourd), red and white onion, and other assorted vegetables.

The DA reported that rice sustained the greatest damage, with P1.7 billion worth of damage. Corn accounted for P82.2 million, while the HVC tally was P20.7 million.

Damage to rice took place over 62,332 hectares corn 2,751 hectares and HVCs 349 hectares.

The fisheries industry is estimated to have suffered P1.3 billion in damage, affecting around 5,887 fisherfolk.

Central Visayas suffered the most damage among regions at an estimated P464.57 million, followed by Western Visayas and Eastern Visayas at P173.12 million and P90.16 million, respectively, according to the PCIC.

The DA also reported damage incurred by agricultural infrastructure, machinery, and other farm property.

The PCIC said in its statement that it will ensure “quick payment for all damage claims, especially in times of widespread calamity.”

Insured farmers and fishermen can now process documents within 20 working days, compared to the previous 60 days required by law.

The DA will also be providing P1 billion worth of assistance to affected areas, along with P148 million worth of rice seed, P57.6 million worth of corn seed, and P44.6 million worth of assorted vegetables, among others. — Luisa Maria Jacinta C. Jocson

Power co-ops report P1.12 billion worth of damage from ‘Odette’

DAMAGE sustained by electric cooperatives from typhoon Odette (international name: Rai) is now estimated at P1.12 billion, about triple the previous estimate, the National Electrification Administration (NEA) said Thursday.

The initial estimate was P373.12 million. The NEA said the latest estimate covers 11 cooperatives as of late Wednesday.

The agency said 74 cooperatives reported some sort of damage resulting from the storm, affecting 3.65 million households.

The NEA still needs to restore power to 236 of the 936 municipalities in the Visayas and Mindanao.

The National Power Corp. (NPC) reported an estimated P19.34 million worth of damage to power plants in the Visayas and Mindanao.

NPC Energy Services Department Manager Homer S. Galang said during a briefing that P8.45 million represents major damage, while P10.89 million is the estimate for facilities completely destroyed.

Energy Secretary Alfonso G. Cusi on Thursday issued a memorandum on the suspension of the biofuel blending requirement for gasoline and diesel fuels distributed in Bohol to ensure the continuous supply of petroleum products to the province.

In July, the Department of Energy (DoE) revised the rules on biofuels accreditation to improve the enforcement of the blending requirement. Biofuel refiners and importers must inform the DoE when they are due to sell locally produced biofuel or import ethanol into the market.

The Philippines requires the blending of 10% bioethanol with all gasoline products sold on the domestic market as required by the Biofuels Act of 2006.

The temporary waiver of the rules in Bohol is expected to lower pump prices.

“All oil companies are still required to ensure their petroleum fuels meet the minimum quality requirement necessary for the safe operation of vehicles,” according to the memorandum.

Bohol Governor Arthur C. Yap this week appealed to the Energy department to triple the volume of petroleum products to be sent to the province amid long lines at fuel stations. — Marielle C. Lucenio