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Memories of sacrifice for the common good

KJPARGETER-FREEPIK

We visited Baguio City recently for the first time since the completion of what is really the extension of the Northern Luzon Expressway (NLEX). The NLEX was designed to shorten travel time from the expressway entrance at Cloverleaf from more than five hours to a little less than four and expedite trade and commerce. But because of the sheer volume of traffic of Christmas holiday tourists headed for Baguio even late at night, and the disabling of Kennon Road lane towards Baguio, the trip took us a bit more than five hours. We were welcomed by Bob Sobrepeña’s Manor Hotel staff at John Hay a little past midnight.

The next day, I attended the national championships of the Philippine Athletics Track and Field Association (Patafa) at the Baguio Athletic bowl and the following day administered the oath of office of Baguio city Mayor Benjamin Magalong as Patafa Regional Director for the Cordillera Administrative Region (CAR).

As a 10-year-old, my parents would bring me and my other siblings on regular trips to Baguio to visit an older brother, Sonny, at the Benito Lopez family majority-owned Baguio Military Institute (BMI), nestled on a vast tract of land in Irisan Heights, Naguilian. During those visits, we would meet other families whose names for a 10-year-old did not then ring bells. The family names Pelaez, Tañada, Eugenio Lopez, Antonino, Demetrio, Muñoz, Teodoro Evangelista, Chiongbian, Caruncho, Amang Rodriguez, Sinsuat, Castelo, Rabat, Bagatsing, Quimson, and Bautista (scions of the former Baguio Mayor) were among those I would hear from my brother, parents, and during occasional convocations organized by the school administrators.

I looked forward to those trips basically for two reasons: I would get to see my kuya (older brother) and I would have a chance to stay with my parents for several nights at the Baguio Golf and Country Club (BGCC) where the carnivorous me wasted no time in attacking the club’s cheeseburgers, hotdog, and ham sandwiches. BGCC was then a one-story wooden structure with lots of fireplaces at different parts of the club. The club manager was an American lady who members simply called Mrs. Reed. I never got to know her first name. For golfers, the “greens” of BGCC’s par 61 course in the late 1950s to ’60s were then topped with sand which was periodically oiled to maintain the “greens” slickness.

The City of Pines, or the summer capital, was then known for — aside from the cool mountain weather — strawberries, leafy vegetables, Camp John Hay (then an American base), Mines View Park, Wright Park, Burnham Park (with its lagoon and small boats for rent, skating rink, ponies, scooters, mini-cars, scooters and bicycles for rent), Session Road, Rice Bowl, Star Café, Manila Café, Pines Hotel, Vallejo Court, the University of Baguio, St. Louis University, the Baguio Cathedral, and the Philippine Military Academy, among others.

Fast forward to my days as Cabinet Officer for Regional Development (CORD) for the CAR. Aside from the other tasks assigned by then President Corazon Aquino, our other mandate was to help implement the peace accord forged at Mt. Data in 1986 between the Cordillera People’s Army (CPLA) of Ka Ambo — popularly known as Fr. Conrado Balweg, the SVD priest from Abra turned communist insurgent after years of advancing the interests of indigenous tribes in the Cordilleras — and the government. One of the main points of agreement was the integration of the renegade priest’s CPLA troops into the post-EDSA New Armed Forces of the Philippines (NAFP). Though integration was part of the agreement, there was some discernible resistance from the NAFP as the hurt, pain, and wounds of bloody skirmishes with insurgents remained fresh in the minds of troops at the lowest level where the fighting was most intense.

The idea was for the CPLA and the NAFP to join forces in putting an end to the bloodshed in the Cordilleras. Balweg was, however, viewed by his former CPLA comrades as a traitor while the NAFP looked at him with a great suspicion and distrust. At one point, Balweg complained to me that the military was sabotaging his efforts in fighting the insurgents and make good his promise by not providing him with the necessary firepower to fight the rebels who had vowed to kill Balweg, the traitor. He had complained that the NAFP had paid lip service to the Mt. Data talks by providing him mostly with World War II vintage arms like the semi-automatic Garand.

The rest of our memories of Baguio are just too varied to write about. I cannot however help but be amused and frustrated with the national impact of what we were then doing compared with the issues and personalities we now face. The parties we then engaged were, for the most part, sharp-witted, sincere, and loved the country in a non-dramatic and theatrical way. They really had the country’s interest at heart and were people of humility: they were willing to put the larger community’s and organization’s interest first before their own. In a sense, as one veteran journalist put it, “dealing with others in other fields mirrors the dilemma people face in the forthcoming elections” as lies become “true” and the truth becomes lies. And one can assign a large part of that regrettable oddity to social media.

We have to get back to the Garand because of the connection it has with our agrarian history and the continuing struggle for freedom.

The rifle was used in several wars and battles in the late 1940s and early ’50s such as the US-backed campaign against the Hukbong Bayan Laban sa Hapon (Hukbalahap), an armed group in Central Luzon that resisted the Japanese invasion but which, after the war, shifted back to its leaders’ original advocacy in the 1930s for peasant causes.

The Huk Movement was led by Supremo Luis Taruc and Casto Alejandrino. Taruc (or Ka Luis) had been active in advocating for greater participation by peasants in decisions affecting the countryside as early as the 1930s and thus could be said as creating pressure in the countryside through agrarian unrest. The movement that Taruc headed shifted its attention from agrarian matters to a more basic objective: fighting a foreign invader.

The Huks principal advocacy after the war was for the Philippine government to implement a draconian land reform program that called for outright confiscation of landlord lands by force, if necessary. The Huks had staged a bloody rebellion in the country’s rice granary and it lasted until the administration of President Ramon Magsaysay to officially end the rebellion with the surrender of Taruc. The supremo’s surrender was facilitated by the then young presidential assistant of Magsaysay, Benigno (Ninoy) Aquino, Jr. who was assigned by Magsaysay with that specific task.

Sometime in 1987, shortly after I took my oath as Secretary of Agrarian Reform in July, I had the chance to meet with Taruc. President Cory had encouraged me to touch base with the charismatic leader and exchange views with the then 75-year-old former rebel.

The conversation with Taruc is perhaps the type one misses when dealing with people whose ultimate interest, couched in expressions of love of country, is simply to perpetuate themselves in power and to preserve the status quo which has been beneficial to them.

I remember that as we talked, Ka Luis was still longing for the agrarian society which is the take off point of a modern economy. A lot more of his thoughts are in his autobiography aptly titled, Born of the People.

Ka Luis and Ambo, whose willingness to sacrifice a great part of their lives for a cause, are worth remembering as we enter a new year.

 

Philip Ella Juico’s areas of interest include the protection and promotion of democracy, free markets, sustainable development, social responsibility and sports as a tool for social development. He obtained his doctorate in business at De La Salle University. Dr. Juico served as secretary of Agrarian Reform during the Corazon C. Aquino administration.

Promises kept and unkept

FREEPIK

IT’S THAT TIME of year again when we jot down promises meant to be kept.

I will still wear a mask even if I already had a booster shot. Until when? Until my supply lasts or the law continues to require it, whichever comes later.

There’s no need to make nasty remarks on overweight people after the easing of the lockdown. They probably have an exercise program and food portion control plan in the works. The last words that will escape my lips are — why don’t you lose weight? I will refrain from announcing the number of pounds I lost when I did the Atkins diet (now much criticized as nutritionally unsound) 15 years ago (37, just for the curious). It mostly came back with a vengeance.

Every office has unpleasant people, including customers (they are not always right). I will keep in mind that those I despise have bosses who promoted them and thought them worthy. There must be some nobility in these despicable lowlifes who use eyebrow movements as Morse code for — not a good job, try harder.

Envy is a deadly sin to which I will no longer succumb. If good fortune is the lot of people I despise, I wish them well. A sense of self-worth comes from within, along with art works I have accumulated… and sold at a profit. I may check how others in my age group are doing (in retirement). My happiness does not depend on how they are faring. Some still have halitosis, anyway.

Love it or hate it, this is still my country. I will not allow others, including fellow countrymen visiting for the holidays, after being quarantined, to criticize the long isolation protocol. We may not have the best performing economy. And its credit rating may have been downgraded, but, hey… the place is still plodding along, even after a devastating typhoon.

I will endeavor to present the country’s good side to anyone who will listen. I will make a list of nice tourist spots and restaurants when conversation drifts into — what I hate about this country. I will stay sober so I don’t forget my list.

It’s fine to accept that some countries (even a lot of them) are further ahead in terms of inclusion and economic progress. Still, the motherland beckons to be defended, including its fishing grounds.

Defending the reputation of the country is a challenge to all citizens — what am I willing to do to make this country great again. Wait, that slogan sounds too familiar. Better to contextualize it beside John Kennedy’s inaugural address — “Ask not what your country can do for you. Ask rather what you can do for your country.”

There will be expected gripes about the homeless and Christmas greeters at stop lights, the persistence of cell phone thefts, corruption of the political system (here I can nod in agreement) and the long line of cars at the toll booth when e-passes cannot be properly read.

I will avoid political debates and the integrity of surveys that show a client leading by a wide margin. I will not even question the methodology, the small sample size, and the non-random approach in the selection of respondents. So what if my Viber group is called an echo chamber? I like talking to people I agree with. Pink is a nice color even for men.

Politics will be Topic A for the coming five months, including after the counting and the declaration of a winner. I understand that personalities trump issues and anyway all the candidates seem to be for motherhood statements on economic progress and the alleviation of poverty.

Is history still relevant? George Santayana, the American philosopher, famously said, “Those who forget history are condemned to repeat it.” Revising history and turning an infamous time into the golden age of the economy can turn Santayana’s axiom on its head.

2022 is a new year which ushers a lot of hope. The end of the pandemic, and its attenuating effects on social life and the economy, is to be wished for.

I will try to be an optimist and look at the bright side. I still believe that self-delusion is the key to happiness. I will stick to these resolutions until February… and revise them accordingly as needed.

 

Tony Samson is chairman and CEO of TOUCH xda

ar.samson@yahoo.com

Omicron appears to trigger fewer US hospitalizations

REUTERS
A NURSE holds the hand of a patient in need of the ECMO (extracorporeal membrane oxygenation) life support unit at the coronavirus disease 2019 (COVID-19) Intensive Care Unit (ICU) of the Klinikum Darmstadt hospital in Darmstadt, Germany, Dec. 11. — REUTERS

THE OMICRON-FUELED US surge in COVID-19 cases appears to be triggering a lower rate of hospitalizations than earlier waves, more evidence that the highly transmissible variant leads to milder symptoms than other strains.

The seven-day average of new cases hit 206,577 on Sunday, roughly 18% lower than the all-time high recorded on Jan. 11, according to data from the Centers for Disease Control and Prevention (CDC). Meanwhile, hospitalizations rose to a seven-day average of 8,964, only half their earlier peak recorded in January.

Early studies have shown Omicron to be about twice as transmissible as Delta, the once-dominant version of the coronavirus that now appears to be receding. Because the new variant spreads so easily, the US will likely see continued increases in hospitalizations and deaths, though not as severe as during the Delta wave that hit mid-year, said Albert Ko, chair of the department of epidemiology and microbial diseases at the Yale School of Public Health.

“We are seeing exponential increases in cases, and a much lower increase in hospitalizations and deaths,” Mr. Ko said in a phone interview. “But we still have 65,000 people who are currently hospitalized because of COVID, and we are having already 1,500 deaths a day.”

Studies out of the UK, South Africa and Scotland show the risk of hospitalization from Omicron is lower than from Delta. The variant appears to have a shorter incubation period and cause less serious illness than other versions of the coronavirus, according a study of a cluster of six patients published Tuesday by the CDC.

Even when patients do end up in the hospital with Omicron, they appear to spend less time there. However, the increasing numbers of breakthrough infections among vaccinated people may skew hospitalization data, said Jeffrey Morris, professor and director of the biostatistics division at the University of Pennsylvania’s Perelman School of Medicine.

“It appears there is less risk of hospitalized disease across the board, but we have to be a little bit careful about interpreting that,” he said in a phone interview. The rate of hospitalizations and deaths may appear artificially lower because breakthrough cases tend often turn out to be mild, Mr. Morris said. — Bloomberg

HK sends 200 police to raid pro-democracy news outlet

REUTERS

MORE 200 Hong Kong (HK) police raided pro-democracy media outlet Stand News and arrested six people connected to it, the latest actions likely to fuel concern about press freedoms in the city.   

Those arrested Wednesday for conspiring to publish seditious materials under the colonial-era Crimes Ordinance include acting Editor-in-Chief Patrick Lam and former Editor-in-Chief Chung Pui-kuen, according to the South China Morning Post newspaper.

Denise Ho, a singer who testified about Hong Kong before the US Congress, and ex-lawmaker Margaret Ng were among former Stand News board members arrested, the Post said, along with Chow Tat-chi and Christine Fang Meng-sang. Ms. Ho’s arrest was confirmed on her verified Facebook page.

The government said in a statement that six current and former senior employees of an online media company, age 34 to 73, were arrested on sedition charges, without providing names. Police had a warrant to search and seize journalistic materials, it added in a separate notice.

The Committee to Protect Journalists condemned the raid and called for the release of those detained.

“The arrests of six people associated with Stand News amounts to an open assault on Hong Kong’s already tattered press freedom, as China steps up direct control over the former colony,” said Steven Butler, CPJ’s Asia program coordinator. “Authorities must release the six and drop all charges against them immediately, if Hong Kong is to retain any semblance of the freedoms that its residents enjoyed only a few years ago.”

The government didn’t immediately respond to a request for comment. It has previously denied that local media is under political pressure, saying it is “firmly committed to protecting and respecting the freedom of the press.”

The wave of arrests came a day after Jimmy Lai, founder of the now-closed Apple Daily, and six of his former staffers, were charged with conspiracy to produce and distribute seditious publications. The 74-year-old former media mogul, who also faces national security charges, has become a focus of the government’s probe into the pro-democracy opposition.

Stand News emerged as one of Hong Kong’s most critical independent media outlets after its founding in 2014, with reporters and camera crews a near-constant presence documenting democracy protests in 2019. The outlet had braced for police scrutiny after the Apple Daily shuttered earlier this year, leaving Stand News as one of the last Chinese-language outlets providing coverage critical of the government. It announced in June that it would purge opinion pieces from its site and stop accepting subscriptions and sponsorships.

Ronson Chan, a deputy assignment editor with Stand News who is also chairman of the Hong Kong Journalists Association, said in an impromptu press conference outside his apartment that police searched his home Wednesday morning, taking away his computer, press pass and bank card.

The journalists’ association said in a statement posted to its Facebook page that it was “deeply concerned” by the arrests and raid on a news organization. “HKJA urges the government to protect press freedom in accordance with the Basic Law,” it added, citing the city’s mini-constitution that enshrines free speech.

Since Beijing passed a sweeping national security law last year, in the wake of 2019’s mass anti-government unrest, Hong Kong has imposed strict limits on what speech is allowed.

Hong Kong Chief Executive Carrie Lam suggested in July that a “law needs to be introduced” to police what the media publishes. The city’s public broadcaster, Radio Television Hong Kong, has had hard-hitting programs canceled and former staff have accused the organization of purging voices critical of the government.

A reporter in April was convicted for making a false statement as part of investigation into a gang attack during pro-democracy protests in 2019, a rare prosecution of a journalist performing a once-routine search. Security Secretary Chris Tang in September accused the HKJA of having biased political views and favoring pro-democracy news organizations like the Daily and Stand News, something it denied.

Some 46% of Hong Kong-based journalists polled by the Foreign Correspondents’ Club said they were considering leaving the city last month. Hong Kong ranked 80th in Reporters Without Borders’s latest press freedom index, down from 54th a decade ago.

“Stand News has always conducted professional reporting. This is an irrefutable fact that the whole world can see,” Chan, the HKJA chairman, said Wednesday. “No crime or charge can change this fact.” — Bloomberg

Hall of Famer, football coach, broadcaster John Madden dies at 85

HALL of Fame coach and broadcasting icon John Madden died on Tuesday, according to the NFL. He was 85.

The NFL said Madden died unexpectedly.

“On behalf of the entire NFL family, we extend our condolences to Virginia, Mike, Joe and their families,” said NFL Commissioner Roger Goodell, referring to Mr. Madden’s wife and two sons. “We all know him as the Hall of Fame coach of the Oakland Raiders and broadcaster who worked for every major network, but more than anything, he was a devoted husband, father and grandfather.

“Nobody loved football more than Coach. He was football. He was an incredible sounding board to me and so many others. There will never be another John Madden, and we will forever be indebted to him for all he did to make football and the NFL what it is today.”

Mr. Madden won Super Bowl XI with the then-Oakland Raiders when they rolled through the 1976 regular season with a 13-1 record. The team won three postseason games, including a convincing 32-14 victory over the Minnesota Vikings in the Super Bowl.

Mr. Madden went 103-32-7 in 10 seasons as Raiders coach from 1969-78.

He became a television analyst the following season and won 16 Emmy awards during a 30-year career. Mr. Madden had stints at CBS (1979-93), Fox (1994-2001), ABC (2002-05) and NBC (2006-08).

Mr. Madden also was heavily involved in the Madden football video games, published by EA Sports since 1988. — Reuters

Lakers snap losing skid in beating Rockets, 132-123

LEBRON JAMES — REUTERS

LEBRON James posted a 30-point triple-double and paced four 20-point scorers for the Los Angeles Lakers, who snapped a five-game skid with a 132-123 road win over the Houston Rockets Tuesday at Toyota Center.

James finished with 32 points, 11 rebounds and 11 assists for his third triple-double but had ample support. Russell Westbrook chipped in his seventh triple-double (24 points, 12 rebounds, 10 assists) while Malik Monk added 25 points and Carmelo Anthony 24 off the Lakers bench.

A white-knuckle fourth quarter pivoted when the Lakers won a challenge of a goaltending call against James with 2:38 left. Instead of falling behind 118-117, the Lakers maintained their one-point lead and added to it when Anthony buried a corner 3-pointer off a Westbrook assist.

Westbrook added an offensive rebound that yielded two James free throws and then added two more assists down the stretch, both times feeding James for points at the rim to cap the victory.

Rookie guard Jalen Green scored 14 of his team-high 24 points in the fourth quarter for the Rockets, who dropped their fifth consecutive game. Kevin Porter, Jr. and Christian Wood scored 22 apiece for the Rockets, who were outrebounded 48-30 and fell despite shooting 53% overall.

When David Nwaba followed a block of Anthony on defense with a layup on the offensive end, the Rockets completed their comeback from a nine-point deficit and led 85-84 at the 4:03 mark of the third quarter. The period featured four ties and four lead changes, but after Josh Christopher pulled the Rockets even with a driving layup with 34.2 seconds left, the Lakers responded with a Stanley Johnson layup and a Westbrook 3-pointer just prior to the buzzer.

James authored a dominating first period after making the start at center. He logged the opening 10 minutes of the frame, scored 13 points via a blend of 3-pointers and fadeaways and bully post moves, and added a pair of rebounds plus an assist. Anthony and Monk combined for 15 points in the Lakers’ 35-point quarter, but it was James who served as their offensive linchpin.

Yet despite James’ stellar play, Houston trailed by just one point entering the second. Porter and Wood combined for 16 points in the first with Porter adding four assists in a frenetic start. His energy following a 12-game absence was palpable, and the Rockets fed off it. Green threw down a pair of ferocious alley-oop dunks, the first off a feed from Porter that fueled the partisan crowd.

But the Lakers carried a 67-59 lead into the break, in part because they attacked when transition opportunities were available (12 fast-break points) and also by virtue of their 9-for-21 3-point shooting. James had 18 points at the half, but three other Lakers joined him in double figures. — Reuters

Lookman strike earns Leicester 1-0 victory over crown-chasing Liverpool

LEICESTER, England — Title-chasers Liverpool slipped to their second Premier League defeat of the season after substitute Ademola Lookman earned Leicester City a hard-fought 1-0 victory on Tuesday.

Liverpool dominated the first half against an injury-hit Leicester and looked set to take a deserved lead when they were awarded a 16th-minute penalty, only for Egyptian Mohamed Salah to see his spot kick saved by home goalkeeper Kasper Schmeichel.

The chances kept coming for the visitors, with Sadio Mane blazing over when he should have scored early in the second half.

Liverpool’s profligacy proved costly as Lookman fired Leicester in front just before the hour mark, sparking scenes of euphoria at the King Power Stadium.

It was backs to the wall for Leicester after that, but they dug in to secure a win that leaves second-placed Liverpool six points adrift of leaders Manchester City, as Foxes coach Brendan Rodgers got one over on the side he used to manage.

After conceding six at Manchester City on Boxing Day, Leicester’s morale-boosting win moved them up to ninth in the standings.

“Definitely, it was well deserved (for Leicester),” Liverpool coach Juergen Klopp told Amazon Prime. “It was a very strange game. We were just not good enough.

“We still had enough chances. What we did with the balls was just not right. We played a really bad game, so it was well deserved.”

Liverpool, who had a five-day break prior to their trip to the King Power after Boxing Day’s fixture against Leeds United was postponed, looked much fresher than Leicester, playing their second game in three days, and soon took control of the match. — Reuters

K. Mbappe downplays transfer talk

KYLIAN Mbappe said he does not plan to leave Paris St Germain (PSG) in January despite mounting speculation about his future and that he hoped to add to his trophy haul at the end of the season.

Earlier this year, PSG turned down multiple bids from Real Madrid for the 23-year-old, who can leave as a free agent at the end of the season when his contract expires.

Mr. Mbappe is free to negotiate with Real and other clubs next month but said he was focused on beating the Spanish side when they face off in the Champions League last 16 in February.

“I’ll give everything I have to win the Champions League, the league and cup. And to give all the pleasure to the fans because they deserve it,” Mr. Mbappe told CNN, adding he did not regret telling PSG in July that he wanted to leave.

“I was honest. I gave a feeling, I gave what I have in my heart,” he said, adding, “I’m happy to stay.”

Mr. Mbappe said he enjoyed working with Argentina striker Lionel Messi, who joined from Barcelona in August.

“It’s a big pleasure for me to say to my kids, my friends, I play with him,” he said. “We have to enjoy seeing him in Paris… It’s an amazing moment in the history of the game.” — Reuters

Peso retreats to P51 per dollar

BW FILE PHOTO

THE PESO succumbed to the greenback and reached its weakest in 21 months amid concerns over higher coronavirus disease 2019 (COVID-19) infections in the country.

The peso closed at P51 per dollar on Wednesday, shedding 54 centavos from its P50.46 close on Tuesday, based on data from the Bankers Association of the Philippines.

The peso’s Wednesday close matched its P51 per dollar finish on Sept. 30, and is the weakest since it closed at P51.07 on March 26, 2020, Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said in a Viber message.

The peso opened the session weaker at P50.55 per dollar on Wednesday. Its worst showing was at its close of P51, while its intraday best was at P50.55.

Dollars exchanged increased to $1.342 billion on Wednesday from $994.8 million on Tuesday.

A trader in an e-mail attributed the peso’s weakness to “growing market caution over the increasing trend of local new COVID-19 cases”.

COVID-19 cases in the country increased by 889 to 10,418 on Wednesday, based on data from the Department of Health.

The positivity rate also rose to 4.5%. This was below 1% in the weeks prior to the holidays.

The country has already detected four cases of the more transmissible Omicron variant.

For his part, Mr. Ricafort said the local unit likely weakened as conversion of seasonal cash remittances from overseas Filipino workers for the holidays have likely already peaked.

Mr. Ricafort expects the peso to move within P50.70 to P51 per dollar, while the trader gave a forecast range of P50.90 to P51.121. — Luz Wendy T. Noble

Local shares climb on economic recovery hopes

BW FILE PHOTO

PHILIPPINE shares continued their rally on Wednesday driven by investors’ hopes of a strong economic recovery in 2022, shrugging off pandemic concerns.

The bellwether Philippine Stock Exchange index (PSEi) gained 48.06 points or 0.66% to close at 7,334.56 on Wednesday, while the broader all shares index rose 25.47 points or 0.66% to finish at 3,883.38.

“Philippine shares once again made steady gains as part of the year-end window dressing amid a quiet week and ahead of the holidays,” Regina Capital Development Corp. Head of Sales Luis A. Limlingan said in a Viber message.

Financial markets will be closed on Thursday, Dec. 30, in commemoration of Rizal Day.

“The local bourse finished higher on hopes of the local economy further reopening after the holidays, as COVID-19 (coronavirus disease 2019) cases in the country remain low,” Timson Securities, Inc. Trader Darren Blaine T. Pangan said in a separate Viber message.

The Health department logged 421 new COVID-19 cases on Tuesday, bringing the country’s total cases to 9,750. The Philippines’ positivity rate stood at 2.6%.

“Market rose as investors bet on sustained favorable Philippine macrodata reflected in home price recovery [as] per [the] Bangko Sentral ng Pilipinas, lower December 2021 inflation expectations, and resilient OFW (overseas Filipino worker) remittances seen to grow in 2022,” First Metro Investment Corp. Head of Research Cristina S. Ulang said in another Viber message.

“Foreign transactions for the day ended in a net inflow of P568.40 million, adding boost to the market’s rally. Trading was still lethargic, however… below the year-to-date average of P7.39 billion,” Philstocks Financial, Inc. Senior Research and Engagement Supervisor Japhet Louis O. Tantiangco said in a separate Viber message.

Net foreign buying decreased to P568.3 million on Wednesday, inching down from the P659.90 million logged in net purchases the previous trading day.

Value turnover rose to P5.23 billion on Wednesday with 1.75 billion shares switching hands, higher than the P5.09 billion with 3.31 billion issues traded on Tuesday.

Majority of sectoral indices posted gains on Wednesday except for holding firms, which gave up 37.04 points or 0.52% to close at 7,057.35.

Meanwhile, mining and oil climbed 264.06 points or 2.81% on Wednesday to finish at 9,633.31; property increased by 68.84 points or 2.15% to 3,259.51; industrials rose by 60.42 points or 0.57% to 10,562.91; financials improved by 22.89 points or 1.39% to 1,660.91; and services went up by 12.40 points or 0.61% to 2,033.51.

Advancers beat decliners, 114 against 79, while 62 names were unchanged.

“7,450 seems to be the closest resistance area, while 6,940 may be considered the nearest support level,” Mr. Pangan said. — Keren Concepcion G. Valmonte

Satellite technology to help bridge digital divide, open opportunities in space-adjacent sectors 

WIKIPEDIA

By Patricia Mirasol 

From advancing online education to opening opportunities in space-adjacent sectors, the entry of satellite internet operators will help bridge the digital divide in the Philippines.

“We intend to use satellite technology, firstly, in our missionary objectives,” said Dennis Anthony H. Uy, CEO and co-founder of Converge ICT Solutions, Inc.

The telecommunications company, Mr. Uy told BusinessWorld in an e-mail, has an ongoing project with the government to connect 2,000 remote schools with high-speed broadband through satellite technology. “We hope to be able to finalize this project by the end of the year,” he added.

Converge ICT Solutions, Inc. is one of two local companies that are in talks with Starlink, a unit of Elon Musk’s SpaceX, to launch its satellite broadband in the Philippines. 

OPPORTUNITIES FOR LOCAL COMPANIES
The emergence of satellite constellations also opens opportunities for local companies to be part of the global supply chain for satellites and relevant ground infrastructure, said Joel Joseph S. Marciano, Jr., director general of the Philippine Space Agency (PhilSA). 

“Local companies in space-adjacent sectors (e.g., electronics, semiconductor, mechanical, automotive, aerospace) can engage these satellite operators in the design, manufacturing, and test of high-value, space-qualified components and systems,” he told BusinessWorld in an interview. 

The “space economy” is composed of all the industries that make modern digital life possible. The OECD (Organization for Economic Co-operation and Development) defines it as “the full range of activities and the use of resources that create value and benefits to human beings in the course of exploring, researching, understanding, managing, and utilizing space.”

Space Foundation, a nonprofit advocate organization, found that the global space economy rose to 22,678.54 PHP billion in 2020 — an increase of 4.4% from the previous year. 

COMPLEMENTARY TO EXISTING INFRASTRUCTURE
Satellite technology is useful to the Philippines in a geographic sense, Mr. Marciano said. The country’s archipelagic geography, he said, presents challenges to the rollout of internet infrastructure with towers and cables. Hence, the concentration of internet connectivity in dense areas.

The technology is likewise useful in restoring connectivity in the aftermath of natural disasters, such as in the case of Typhoon Odette (international name: Rai), which affected at least 79 electric cooperatives and 236 municipalities.

“In a disaster-prone country like ours, terrestrial infrastructure consisting of towers and cables are often also ‘victims’ of calamities,” Mr. Marciano added.

Satellite technology will be a complementary technology to fiber, Mr. Uy told BusinessWorld.

“We intend to use this technology for areas that cannot be reached by our fiber backbone due to terrain or undeveloped roads,” he said. “These are typically the low-income, insular communities.”

SHORTER DELAYS EQUAL REAL-TIME RESPONSE
Satellite Internet operators (SIO) with non-geostationary satellites, like Starlink, bring technologies that promise lower latency (i.e., shorter delays). This allows for more real-time response — as in video conferencing — and over a wider service area. 

PhilSA used simulations in February to illustrate what Starlink’s availability in the country would mean for consumers. It found that the SIO’s download speed of 100-200 megabits per second (Mbps) is higher than the country’s average Internet download speed of 71.185 Mbps for fixed broadband, and 35.03 Mbps for mobile Internet.

SIOs can offer their services directly to end users, Mr. Marciano told BusinessWorld.

“With the wide and instant coverage, high throughput capability, and expected lower latency performance… we can expect these [satellite constellations] to capture markets that are hitherto unaddressed, unserved, or underserved,” he said.

While the technology’s potential will be a boon to sectors such as education, healthcare, and transportation, the associated costs require further scrutiny.

“There are still some considerable costs associated with the adoption of satellites, so we are being strategic with how we leverage it,” said Mr. Uy. 

According to PC Magazine ion Dec. 22, the cost of Starlink in the US was 25,316.76 PHP for an antenna and router, plus 5,022.77 PHP a month, which comes out to 48.71 PHP per Mbps (currently averaging 104Mbps on downloads).

MVP Group supports OdettePH affected areas through Gabay sa Pagbangon concert

The Manuel V. Pangilinan (MVP) Group of Companies continues to augment its support for the communities affected by Typhoon Odette amid the holiday season. Beyond the initiatives that its companies mobilized throughout the past week, the group organized “Gabay sa Pagbangon,” an online concert for the benefit of the calamity-stricken areas in Visayas and Mindanao, streaming live on Dec. 29.

Spearheaded by Metro Pacific Investments Foundation (MPIF), PLDT-Smart Foundation (PSF), and the Philippine Disaster Resilience Foundation (PDRF), and with the support of the ASEAN Center for Biodiversity (ACB), Gabay sa Pagbangon brought together a premiere roster of local talents, performing for the purpose of generating more aid and assistance for the affected communities.

The proceeds will augment the funds and appropriations raised by the group to mobilize manpower assistance, food, water, shelter materials, and mercy missions of around P80 million to date.

Singing for Hope

Hosted by Pops Fernandez and with the special participation of Derek Ramsey, Iza Calzado, and Dominic Roque, the performance lineup included Sharon Cuneta, Gary Valenciano, Maestro Ryan Cayabyab, Regine Velasquez-Alcasid, Martin Nievera, Ogie Alcasid, Basil Valdez, Kuh Ledesma, Jose Mari Chan, Erik Santos, Christian Bautista, Jed Madela, Ben&Ben, Vina Morales, Jona, Klarisse, Jason Dy, and The Company. These artists have selflessly dedicated their talent and time with only the fulfillment of helping in return — most of whom have supported Gabay Guro for over 15 years in their own personal capacity.

Streamed free via the Gabay Advocacies, Gabay Guro, and DepEd Facebook pages, the Gabay sa Pagbangon Concert is the group’s secondary effort towards drumming up more financial and in-kind help. In line with Gabay Komunidad and the Tuloy Pa Rin Ang Pasko movement, the concert’s entertainment value falls second to its two main objectives: to reach a wider audience with the aim of receiving more donations; and to be a source of hope, love, and holiday cheer for all amid the difficult situation.

“You cannot have donor fatigue during times like this, because they just need help,” said Chairman Manny V Pangilinan in an interview. “Whatever we can do — from the smallest to the biggest of help that we can render will be greatly appreciated by our people.”

Part of the proceeds from the online concert will be utilized for the purchase of necessities, primarily clean drinking water, ready-to-eat or shelf-stable meals, and building materials for reconstructing damaged shelters.

MPIF President Melody M. Del Rosario enjoins all who are able to share what they can — be it time, resources, or even links on social media. “Now more than ever, the spirit of bayanihan sees us through the darkest of moments — and that is what we at the MVP Group wish to uplift for our affected kababayans. What we think are small, insignificant contributions will amass into an expansive impact that changes the lives of those in need.”

Instrumental to the online concert are musical director Eloisa Matias, Sernne Dominica, and other production volunteers — all Gabay Guro supporters who have helped with several of the group’s initiatives.

MPIC President & CEO Jose Ma. K. Lim expressed his thanks to those who have made the event possible. “We will only be able to rise above any devastation if we help one another. We are thankful for everyone who made this collaboration happen, as this initiative is in line with our purpose of uplifting the lives of Filipinos.”

Reaching Out for Purpose

In collaboration with the Department of Education (DepEd), a significant amount of the proceeds was earmarked for the benefit of affected teachers and learners in the ravaged areas. For several years, the group has helped many disaster-stricken areas to normalize their situation, developing efforts that aim to uplift the level of resilience in these communities.

Through Gabay Guro, the MVP Group’s flagship advocacy program, classrooms were built to withstand more than 250kph winds as part of the group’s sustainability and climate resilience initiatives. Schools built in Leyte, Bohol, Capiz after Typhoon Yolanda and the big earthquake survived the wrath of Odette.

The benefit concert also intends to help the Gabay Guro teachers in Visayas and Mindanao ensure that no learner is left behind.

Calling Out for Healing

Beyond providing relief support, the concert aimed to reiterate the importance of climate change awareness and spark urgency towards climate action, environmental responsibility, and the development of sustainable initiatives with respect to climate resilience. Odette serves as a devastating reminder that the time to act is now.

Super-typhoons such as these are a stark example of what the country and the rest of the world will continue to experience if the continuous neglect for the environment persists. Through Gabay Kalikasan, the group aims to become catalysts for a cleaner, greener, and more resilient planet for every Filipino. With the support of ACB, the Gabay sa Pagbangon benefit concert is only one of the MVP Group’s trumpeting initiatives to reach out to more Filipinos and encourage positive change.

“Our group has always been at the forefront of environmental protection because we believe that it is our collective responsibility to heed the call for climate action and take care of our environment and natural ecosystems in light of our importance to our planet’s health,” said MPIC Chief Finance, Risk and Sustainability Officer Chaye A. Cabal-Revilla. “This is why, for years now, we have been actively pursuing environmental protection programs such as reforestation, urban biodiversity, mangroves preservation, marine protection, and wetlands conservation.”

In line with the MVP Gabay Advocacies for a Sustainable Philippines, Gabay Komunidad focuses on building a more resilient and disaster-prepared country. Guided by this advocacy, the entire group is taking significant strides towards providing as much assistance to the victims as possible, as soon as possible.

 


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