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New era in plastic waste management

NICK FEWINGS-UNSPLASH

In one of our classes at the Asian Institute of Management more than 20 years ago, we discussed recycling and how to best go about it. Having classmates from both the manufacturing and services sectors, it was interesting to note the differences in opinions on how best to tackle the matter. Just-in-time production and production efficiency, among other topics, were also taken up corollary to waste disposal, or to recovery and reuse of materials.

What left an impression on me, however, is the comment that without any production waste, recycling would not be necessary. And while I agree with this, the comment left open-ended the issue of product recycling, or what to do with products at the end of their life cycle. And there was little appreciation at the time for the concept that manufacturers or producers, and not just consumers, should also be made responsible for this.

Republic Act (RA) 11898, which was passed by Congress in May 2022, amends the law on solid waste management by extending producers’ responsibility over plastic packaging waste. President Rodrigo Duterte did not enact the bill passed by Congress, and instead allowed it to lapse into law in July. I am uncertain, however, whether RA 11898’s implementing rules have already been drafted and released.

RA 11898 is just the start of what I consider to be a new era in solid waste management. Obviously, by itself it is far from enough to deal with the gargantuan problem of plastic pollution. However, with RA 11898, the Philippines begins to “institutionalize the extended producer responsibility mechanism as a practical approach to efficient waste management, focusing on waste reduction, recovery, and recycling, and the development of environment-friendly products…”

The law “requires producers to be environmentally responsible throughout the life cycle of a product, especially its post-consumer or end-of-life stage.” A list of “obliged” enterprises will be developed, and these businesses will be required to implement Extended Producer Responsibility (EPR) programs that will be monitored and audited with respect to minimizing the volume of plastic waste generated annually. A commission and other government offices will be established for this purpose.

“Obliged” enterprises, for now, refer only to “large” producers that generate plastic packaging waste such as sachets, labels, and laminates; rigid plastic packaging products such as food containers, cutlery, and plates, as well as tarps, signages, and labels; plastic bags; and, polystyrene used to make foams and films, among other plastic products.

The law adopts a phased approach, giving producers leeway between 2023 and 2028. This way, both producers and consumers can adapt to the changes mandated by law. As an incentive to producers to implement EPR programs, activities related to these may qualify for fiscal incentives. In addition, EPR-related expenses are deemed tax deductible.

However, businesses that fail to comply with the required EPR programs may be fined anywhere from P5 million to P15 million, and penalized with the suspension of their business permit. This is in addition to the possible filing of pollution cases that carry an additional set of fines and penalties including jail time for erring corporate and pollution officers.

As I mentioned in previous columns, there are many scientific studies that point to the feasibility and viability of repurposing and making plastic waste productive and useful, and turning them into products other than plastic. Such efforts help keep plastic waste out of our oceans, and, at the same time, allow the more sustainable use of natural resources that plastic products replace.

One school of thought is that public policy should focus on keeping plastic waste out of the environment and accelerating the shift toward a more circular economy where valuable plastics are reused, again and again — to build a more efficient and sustainable world. So, solving the issue starts with having an effective solid waste management system and infrastructure.

The plastic industry is against the ban on single-use plastic and the tax on plastic production. It believes that banning single-use plastics will just result in the production of substitute materials, which may be even more harmful to the environment. And the tax on plastic bags is regressive, as it affects low-income groups the most. Combined, these two policies can lead to food loss and food wastage, and product safety issues.

While I don’t entirely agree with the industry on this, I support its call for more effective solid waste management. I also support the industry position that plastic waste regulation should be based on sound policymaking and science; should involve all stakeholders in the decision making; and, should accelerate the transition to a circular economy. In short, a wholistic approach to the issue.

RA 11898 is a step in the right direction. Producers should share in the responsibility of dealing with plastic packaging waste that they themselves produced and sold. While proper disposal after purchase is mainly the buyers’ or consumers’ responsibility, waste management will be more effective if producers also offer them options or alternatives to simply throwing away used packaging and end-of-life products.

What is crucial at this point is how policymakers and producers will work together to define the scope and limits of EPR in the law’s implementing rules and regulations, and how stakeholders will effectively operationalize the law to ensure that its objectives are met. The rules should be crafted to ensure that plastic pollution is minimized if not eliminated, and that end-of-life products should first be recovered, reused, or repurposed instead of just being disposed.

Extending a producer’s environmental responsibility to cover the entire life cycle of its product is just the start. I believe major producers like Coca-Cola, Nestlé, and Unilever have started initiatives in this regard. The challenge is how the law can further these initiatives and involve consumers in pursuing a more effective solid waste management program particularly for plastic products and packaging.

 

Marvin Tort is a former managing editor of BusinessWorld, and a former chairman of the Philippine Press Council

matort@yahoo.com

The World Cup Effect

NASIF TAZWAR-UNSPLASH
NASIF TAZWAR-UNSPLASH

Participation in sport as a political statement is an accepted practice. The use of sport as an exercise of soft and not coercive power, especially in international relations, is one of the tools available to nations who want to influence and even control the world order. The promotion of one’s art, literary genius, music, language, and culture in another country is a way to get that country or the rest of the world to think like you, to like what you like, and to accept your idea of what is the best way to live.

Over the last several days, we have seen the 2022 FIFA World Cup in Doha, Qatar — one of the most conservative societies in the world — serve as the venue for making political statements in a sport event.

The very first World Cup-related political statement was made by Qatar when the country decided to bid for the right to host the Cup and worked hard to accomplish that goal. Hosting the World Cup would send a signal to the world that, indeed, Qatar had arrived and had the financial and organizational muscle to manage an event of such magnitude. It would position Doha as a tourist destination, much in the same way that Dubai and Abu Dhabi have successfully positioned themselves as tourist attractions, and thus shedding or deemphasizing its image of conservatism and rigidity. Hosting the Cup would also help diversify revenues of the one-product country, from its natural gas exports to something more exciting and glamorous: tourism.

Winning the right in 2010 to host the 2022 FIFA World Cup turned out just to be the beginning of the controversies that would engulf the country. Rumors of payoffs and payola filled the air as holding the Cup in Qatar would mean revising the European football calendar and traditional schedules: World Cups are usually held in July-August. But there was an immediate realization that temperatures running up to more than 100° Fahrenheit at that time of the year in the country would be most unfriendly to athletes, spectators, and everyone else, including the thousands of migrant workers brought into Doha to build seven new stadiums and the transportation infrastructure leading to the eight public assembly facilities where 32 countries would play 64 matches over one month up to Dec. 18.

All these issues, plus the ban on the sale and consumption of beer (a standard drink in most sporting competitions in most parts of the world) within the stadium; and questions on the rights of the LGBTQ, and other controversies prompted the former president of FIFA to say that granting the hosting rights to Qatar was a “mistake,” and finally saw a member of the royal family of Qatar lashing out at critics.

But the games did go on, with FIFA having no choice but to accept the responsibility of cleaning up the developing mess and assuming the de facto role of Qatar spokesman. As a FIFA official remarked matter-of-factly: “We have more than 200 members and only a few members are concerned with what’s going on inside Qatar.”

So, that was it and the attention of the world was guided towards the games and not to those “distractions” — never mind if thousands of migrant workers’ rights may have been abused and lives lost.

As of this writing, England, Argentina, France, Brazil, South Korea, Japan, Spain, Croatia, Portugal, Senegal, and the Netherlands, were among those who made it to the knockout phase of the quadrennial tournament.

But other distractions simply would not go away — because they were not distractions but real matters of life and death, freedom and liberty.

Iran qualified for Qatar 2022 long before a 22-year hijab-less Kurdish woman died in September while in the custody of the morality police. The latter have become as feared as the Islamic Revolutionary Guard Corps (IRGC). Iran’s revolutionary leader, Ayatollah Ruhollah Khomeini, created the IRGC as a separate force from the Arny.

The death of Mahsa Amini on Sept. 16 triggered protests, the ferocity of which has perhaps not been known in Iran since the fall of the monarchy led by the Shah of Iran, Mohammad Reza Pahlavi. For the past three months, various sectors of Iranian society have joined in solidarity with the protesters. And the protests have gone beyond the issue of the hijab (head scarf) law and its implementation. The hijab was made obligatory for all women in 1983, four years after the overthrowing of the Shah. He and his family had ruled the Imperial State of Iran from 1941 to 1979. The Shah reigned for 38 years while Iran’s current clerical rulers are on their 43rd year.

The sectors of the opposition include students, professionals, artists, ordinary citizens, exiled Iranians, and athletes. The Iranian national team to Qatar 2022 refused to sing the national anthem at its opening game to express support for the protesters back home. Its team captain even publicly grieved the death of his best friend, who was killed by government security forces during one of the latter’s violent operations. The same squad captain expressed support for the anti-government activities of his buddy. One can therefore see the intensity of the opposition to the clerical rulers — and Qatar 2022 was an effective platform for a political statement. One is reminded of the Black Power protest of US relay runners Tommie Smith and John Carlos upon being awarded the gold medal during the 1968 Mexico Olympics, an early expression of a political statement in sport.

The act of the Iranian football team, seen presumably by billions on TV and online, is regarded as what is now known as the “Olympic effect” in China. It is clear, however, that the pressure exerted in the world stage has had, surprisingly, some impact on the clerics of Iran. There is talk that the Iranian Attorney General has called for a review of the hijab law. The pressure on the clerics can be largely credited to the extraordinary courage of the Iranians, particularly the women who have removed their hijab and are cutting their hair publicly.

It is clear, as we stated earlier, that the hijab was just the trigger. What is now at question is the iron-fisted rule of the clerics and the lack of freedom in Iran. This contrast was made more obvious during Qatar 22 when Iranians opposed to the government spoke openly against the clerics. There were, however, reports of Iranian security agents shadowing the anti-government sympathizers even in Qatar, a country friendly to the clerics.

Meanwhile, Chinese from about two dozen cities have expressed their opposition and frustration publicly over Xi Jinping’s “zero COVID policy.” This display of frustration and violent resistance has long been in the making, and the tipping point could have been the FIFA World Cup. The Chinese, mainly its 500 million male football fans, realized that while other people — maskless at that — from different parts of the world were having fun enjoying the best football in the world, they were all locked up for years, unable to care for ailing parents and children, in some cases. Reports, however, stated that images of big crowds were censored when shown on Chinese TV.

One is led to reflect on these two situations (and other autocracies) and be tempted to simplistically say that there are structural defects in these autocratic systems, mainly the lack of accountability, consultation, balance of power, legal processes for change in leadership, discussion and choice of alternatives, and all other elements of democracy.

Of course, democracy is not the answer to all of the world’s problems — far from it. CNN’s Fareed Zakaria quoted the great British Prime Minister Winston Churchill to balance our expectations of democracy: “Democracy is the worst form of government, except for all the others.”

 

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.

Aging is not just for wine

MARISA HOWENSTINE-UNSPLASH

WHILE wine is prized for aging well, even auctioned off based on its vintage year, humans have a mixed attitude towards adding years to their lives. Do old folks even reveal in an expensive steak place that they are celebrating a birthday? What if the waiters break out into song and bring in a saucer-sized cake with one small candle lit? Sir, you’re breathing heavily, just use your fingers to put out the light.

Prophets of doom warn about the demographics of an aging population, and the expensive care ecosystem that goes with it. It is said that by 2050, 21% of the world’s population will be over 60. I don’t think we can check out those forecasts.

It takes little effort to get old, not even counting being sprightly getting there. Nature does all the work as far as aging and its effects are concerned. The increasing number of blemishes in the face, baldness, nose hairs peeking out, loose folds under the arm that do the shimmy when hailing a taxicab, and the use of a walking stick or motorized wheelchair are daily reminders of one’s state.

A whole marketing barrage promotes the prospect of making one look younger with a bit of nipping and tucking; injections and suctions; and scraping and plucking. The patient can look so different that even friends won’t recognize him. Is he selling tickets? — Sorry, Sir, I already saw Turandot.

Still, makeovers deal only with physical changes. A woman may strive to look like her husband’s mistress. Then the confused husband might slip and ask: who will be doing the chandelier swing this time and when is it time for the wheelbarrow? Then it’s his face that may need a makeover — just surface scratches, Doc. Lots of stray cats.

The irony of looking younger is that friends already know your approximate age from who your classmates were. Sure, “after the treatment” you look different, like a descendant of Genghis Khan with your slit eyes from the facial stretches tucked behind the ears. (The moustache has started growing.) Still, the new look invites the obligatory comment — you look years younger, almost like a fetus.

An old person (let’s say past 65) even without a diagnosed serious ailment, can seldom be described as in the pink of health. There are complaints of occasional aches and pains at different times of the day, perhaps droopy eyes or a hand shake (yes, that’s two words). Still, it is possible to be old and still look useful. Behold the former administrator of martial rule 50 years ago who can still spout passages of the law without drooling, as he turns a hundred in a few months.

One rule for being old and not looking too frightful is simple. Tasteful and classic attire (which now includes bespoke jeans) make old age look gracious, even dignified. And some even choose to have naturally white hair that goes well with the color of their eyebrows.

What about being accompanied by a granddaughter to push the wheelbarrow? Are caregivers upping their game? Lacking youth and looks, the only explanation for a young female’s attachment to an old person is seldom a mystery. What about wisdom? Does wealth trump quotations from Marcus Aurelius in Latin? Next question, please.

To look old gracefully, one must project gravitas — the first of four Roman ideals usually attached to the old and powerful (the Roman senate, after all, was composed of old men). The other three are dignitas, pietas, and virtus. The last two refer to tradition, ethical behavior, and proper religious observance. Okay, gravitas is earned. It’s about being taken seriously by younger people.

Maybe you take naps during the presentation of focus group discussions. (Why do they have to dim the lights anyway for power point presentations?) But as soon as you snap awake, you say something profound about the glut in the inventory of property as well as the rise of a new middle class from the remittance economy. As for revenge spending, that is mostly for consumables. Sure, these comments may be irrelevant to what just transpired, but most colleagues will let them pass. Seneca strikes again. Those a bit younger prefer Yoda. Is he truly old, or does he just have long ears?

It’s great getting old… especially when you think of the alternative.

 

Tony Samson is chairman and CEO of TOUCH xda

ar.samson@yahoo.com

[EXPLAINER | Cybersecurity] ‘Everyone is a probable target’: Cybersecurity for businesses big and small

Follow us on Spotify BusinessWorld B-Side

Businesses regardless of size have to beef up their cybersecurity, says Angel T. Redoble, founder and chairman of the Philippine Institute of Cybersecurity Professionals (PICSPros) and first vice-president and group chief information security officer of the PLDT Group. 

“Everyone is a probable target. We all have something cyberattackers want,” Mr. Redoble tells BusinessWorld reporter Patricia B. Mirasol in this B-Side episode. 

TAKEAWAYS

Businesses, big or small, are vulnerable to cyberattacks. 

The Department of Trade and Industry reported this October that the number of e-commerce sellers in the Philippines rose to 2 million, larger than its projection of 750,000. 

These sellers are all vulnerable targets, Mr. Redoble said, and should take the necessary precautions to secure personal customer information. 

“It’s a never-ending struggle,” he said. “Cybercriminals might get the upper hand … the moment we stop.”   

He advised the “the highest level or paranoia” when safeguarding data.

End users can’t protect themselves.  

Technologies such as the Internet of Things, artificial intelligence, and 5G enhance user experience but expand a system’s attack surface as well. The challenge for businesses is to adapt to these advancements and maintain a sufficient level of cybersecurity. 

“You cannot expect the users to be able to protect themselves,” he told BusinessWorld. “Very few are tech-savvy. Very few understand security. A majority just want to experience convenience.” 

Education is key.  

To help demystify the abstract concept of cybersecurity, Mr. Redoble founded the non-profit advocacy group Philippine Institute of Cybersecurity Professionals (PICSPros), which provides free training and awareness on its social media platforms to “elevate the knowledge and skills of the community, [and] protect themselves from cyberthreats.”  

Juniper Research estimates cyber-attacks cost businesses across the world $8 trillion between 2017 to 2022. Of greater concern, however, is how these cyberattackers have disrupted lives and impacted communities, Mr. Redoble said.  

“More than the businesses, the government agencies, and the other organizations, the most important asset in our society are children,” he added. “Cybersecurity should play a vital role in protecting our very important assets… and there’s no better way that doing that than by educating the parents.” 

 

Recorded onsite in Pasay City on Oct. 6. Produced by Joseph Emmanuel L. Garcia, Earl R. Lagundino, and Sam L. Marcelo.

Northwin Global City: Global, smart city reimagined at the countryside

Nestled within Marilao and Bocaue municipalities in Bulacan, Megaworld’s Northwin Global City is an emerging township development that brings the ‘global city’ and ‘smart city’ concepts outside Metro Manila. The township’s first residential tower, 9 Central Park, equips every unit with smart home features, on top of revitalizing amenities and innovative living spaces.

Watch this video to learn more about the investment opportunities at Northwin Global City.

 


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Russia could ban oil sales, set maximum discount in response to cap — Vedomosti

Image by David Mark from Pixabay

Russia is considering three options, including banning oil sales to some countries and setting maximum discounts at which it would sell its crude, to counter the price cap imposed by Western powers, the Vedomosti daily reported on Wednesday.

The $60-per-barrel price cap, set by the G7 nations, the European Union and Australia, came into force on Monday as they try to limit Russia’s ability to finance its war in Ukraine.

In response, the Kremlin and the Russian government are considering banning oil sales to all countries that supported the restriction, the business daily Vedomosti reported, citing two unidentified sources close to the government.

That option would also ban sales through intermediaries, not only directly from Russia. The second option being considered would prohibit exports under contracts that include the price ceiling condition, regardless of which country is the recipient.

The third option would set maximum discounts of Russia’s Urals crude to international benchmarks for sales to be allowed, the daily reported.

Deputy Prime Minister Alexander Novak said on Tuesday that Russia’s response mechanism to the oil price cap would take effect in December. Earlier, he said that Russia may reduce oil production but not by much.

Bloomberg reported that Russia was also considering setting a price floor for its international oil sales. — Reuters

New York Times union members set to walk out on Thursday after talks fail

WIKIMEDIA COMMONS

More than 1,100 union employees at the New York Times Co. are set to walk out on Thursday for 24 hours as negotiations with the news publisher for a “complete and equitable contract” failed on Tuesday, the union said in a tweet.

The NYTimes NewsGuild last week had pledged to walk out on Dec. 8 if a contract was not reached by then.

The NYTimes NewsGuild has sought “complete and equitable contract” wages that “keep up with inflation” as well as to preserve and enhance health insurance and retirement benefits that were promised during hiring, according to a letter signed by 1,036 members last week. The number of signatories has since topped 1,100, the union said on Tuesday.

“Unless the company changes their tune and a deal is reached before Thursday, the work stoppage will officially start from midnight on December 8th and go for 24 hours,” the union said in a statement posted on Twitter.

The union said the New York Times during a meeting earlier in the day refused to meet for additional negotiating sessions to resolve the contract dispute by Thursday.

The New York Times in an emailed statement to Reuters said the union’s claims were inaccurate and negotiations were ongoing.

The union said that the walkout would be the first full-day work stoppage at the New York Times since the late 1970s.

The Times Guild represents journalists as well as ad sales workers, comment moderators, news assistants, security guards and staffers at The Times Center, the company’s events venue and virtual production studio.

Tech employees of the Times voted last March to unionize and have been trying separately to negotiate their first contract. — Reuters

Vietnam’s EV maker Vinfast files for U.S. IPO to fuel global expansion

Image source: https://vinfastauto.us/newsroom

HANOI – Vietnam’s electric-vehicle maker VinFast said on Tuesday it had filed for an initial public offering (IPO) in the United States to list on the Nasdaq under ticker symbol “VFS” to fund its expansion with a planned plant in North Carolina.

VinFast, which began operations in 2019, is gearing up to expand in the US market, where it hopes to compete with legacy automakers and startups with its two all-electric SUVs, the VF8 and VF9, including battery leasing to reduce the purchase price.

For the IPO, the company said it would convert to a Singapore public limited company and would be known as VinFast Auto Ltd, while the number of shares to be offered and the price range for the proposed offering had not yet been determined.

Citigroup, Morgan Stanley, Credit Suisse and JP Morgan are leading a nine-bank syndicate behind the deal, according to the company filing. If successful, VinFast will be Vietnam’s first company to list in the United States.

Tuesday’s filing follows VinFast’s confidential submission to the US Securities and Exchange Commission (SEC) in April, a month after it said it would build a production plant in North Carolina with an initial projected capacity of 150,000 EVs a year.

A unit of Vietnam’s biggest conglomerate Vingroup, VinFast first flagged its US IPO in April last year, aiming to raise $2 billion with valuation of about $60 billion.

The market valuation for EV startups has drastically cooled over the past year after some companies with sky-high valuations faced scrutiny, together with the gloomy global economy.

“Valuation or the size of our IPO will be subject, in part, to market conditions,” VinFast Chief Executive Le Thi Thu Thuy said in a statement released on Wednesday.

“VinFast will continue to monitor opportunities for future fundraises, as the market becomes more familiar with the VinFast brand and story,” she said.

The S&P U.S. & China Electric Vehicle Index, which measures the performance of companies involved in the EV business, has lost 33.51% since the beginning of the year and was at 1,933.47 at Tuesday’s close.

The company had said the IPO was just one option to raise funds. In July, it arranged with banks to raise at least $4 billion to fuel its aggressive expansion.

No time frame was specified for the offering on Tuesday although the company had said it aimed for an IPO in the fourth quarter of this year.

But in May, its parent company, Vingroup, warned that the IPO may be delayed to 2023 due to market uncertainty.

“VinFast intends to conduct an IPO after the SEC declares the registration statement effective, market conditions permitting,” Thuy said, noting the company’s primary objective was to successfully list VinFast on a US stock exchange.

The EV maker in late November shipped its first batch of 999 vehicles to the United States, capping a five-year bid to develop an auto production hub in Vietnam for markets in North America and Europe.

VinFast has said it has almost 65,000 orders globally and expects to sell 750,000 EVs annually by 2026.

Shares in VinFast’s listed parent company, Vingroup, which also has property and resort development businesses, were up 5.11% early on Wednesday following the IPO announcement. — Reuters

US to increase rotational military presence in Australia, invite Japan

STOCK PHOTO | Image by Military Material from Pixabay

WASHINGTON – The United States will increase the rotational presence of air, land and sea forces in Australia, including bomber aircraft and fighter jets, US Defense Secretary Lloyd Austin said on Tuesday, amid shared concerns about China.

Speaking after annual AUSMIN talks between the allies, Mr. Austin said the two countries also agreed to “invite Japan to integrate into our force posture initiatives in Australia.”

Mr. Austin did not detail when there would be an increase in the rotations, or how many troops, ships and aircraft they would involve, and it was unclear how the announcement differed from a similar statement more than a year ago.

“The United States and Australia share a vision of a region where countries can determine their own futures,” he told a joint news conference with his Australian counterpart that included the nations’ foreign ministers.

“Unfortunately, that vision is being challenged today. China’s dangerous and coercive actions throughout the Indo- Pacific, including around Taiwan, and toward the Pacific Island countries and in the East and South China Seas, threaten regional peace and stability,” he said.

In a joint statement, the sides said that “to strengthen US land presence,” they would expand locations for US Army and US Marine Corps forces in Australia.

It said they would also identify locations to support an enhanced US force posture with runway improvements, aircraft parking aprons and storage for fuel and munitions, and decided to preposition stores, munitions and fuel in support of US capabilities.

Washington sees Canberra as a vital partner in its efforts to push back against China and analysts say Australia could have a crucial logistical role to play in the defense of Taiwan against any move by Beijing to reclaim the strategic, self-administered island.

Taiwan’s Foreign Ministry, responding to the meeting, said the government would continue to work closely with the United States, Australia and other like-minded countries to protect security in the Taiwan Strait, expand Taiwan’s international space and defend democratic systems and shared values.

DEPLOYMENTS

Australia’s Northern Territory is already host to frequent military collaborations with the United States. Thousands of US Marines rotate through the territory annually for training and joint exercises.

The United States is planning to deploy up to six nuclear-capable B-52 bombers to an air base in northern Australia, a source familiar with the matter told Reuters in October.

Just before last year’s AUSMIN talks, the United States, Britain and Australia created a security deal, known as AUKUS, which will provide Australia with the technology to deploy nuclear-powered submarines.

The two sides said they had further discussions on that issue and Britain’s defense minister, Ben Wallace, will attend the first in-person meeting of AUKUS ministers on Wednesday in Washington.

The meetings come at a critical time for the partners, which are due to decide in March whether the submarine will be British or American, and set a road map for an Australian fleet.

Australia Defense Minister Richard Marles said Tuesday’s agreements would “see an increased level of activity between our two countries across all domains” and they were also looking at increased force-posture cooperation to enhance the capacity of facilities in Australia.

“It’s really important that we are doing this from the point of view of providing balance within our region and involving other countries within our region,” he said.

Marles said he and Foreign Minister Penny Wong would hold similar 2+2 talks with Japan in Tokyo this week “with an invitation for Japan to be participating in more exercises with Australia and the United States.”

He also said that the United States and Australia had taken steps on Tuesday “to create a more seamless defense industrial base” and that they needed to work together more closely “to enhance our military capability and to develop new technologies.”

The White House coordinator for the region, Kurt Campbell, said this year that “moving forward, everything we do of consequence in the Indo-Pacific, we will do with Australia.”

China is Australia’s largest trading partner and the top market for exported iron ore, but Canberra has grown increasingly concerned about Beijing’s military ambitions in the Indo-Pacific region, particularly after it struck a security pact with Australia’s neighboring Solomon Islands this year.

A meeting between Australian Prime Minister Anthony Albanese and Chinese President Xi Jinping last month at the G20 was a step towards normalizing ties but Australian diplomats said it would not bring a shift in Canberra’s defense policy. — Reuters

Australia targets SkyCity casino for money laundering amid gambling crackdown

STOCK PHOTO | Image by Joachim Kirchner from Pixabay

Australia’s financial crime regulator started civil proceedings against SkyCity Entertainment Group’s Adelaide casino on Wednesday, the latest in a series of actions by the government against the country’s gambling industry.

SkyCity, which is listed on the New Zealand bourse, was accused by the regulator, Australian Transaction Reports and Analysis Centre (AUSTRAC), of breaching anti-money laundering and counter-terrorism financing laws and could face hefty fines.

“AUSTRAC’s investigation identified a range of circumstances where SkyCity failed to carry out appropriate ongoing customer due diligence,” AUSTRAC Deputy CEO Peter Soros said in a statement.

“SkyCity also failed to develop and maintain a compliant AML/CTF program, leaving it at risk of criminal exploitation,” he added.

The company’s New Zealand-listed shares fell as much as 4% to NZ$2.61, hitting their lowest level since July 14.

SkyCity said in a statement that the regulator was yet to decide the level of penalty it intends to seek. If AUSTRAC’s claim was to be accepted in whole or in part by the federal court then SkyCity could be subject to a civil penalty “which may be material”, it said.

Casino operators in Australia have been dogged by damning reports of shirking anti-money laundering rules, dysfunctional governance and poor corporate culture, while COVID-19 curbs eroded their profits in the last two years.

The latest development follows an investigation by AUSTRAC in June last year, after probes in other Australian states found shortcomings at casino operators Crown Resorts and Star Entertainment Group Ltd.

Investigations into SkyCity found systemic failures in its approach to anti-money laundering and counter-terrorism financing laws, AUSTRAC said on Wednesday.

South Australia’s gambling regulator had also started an independent review of SkyCity’s Adelaide casino in July.

The government has been under pressure from consumer advocates and welfare groups to take a deeper look at the industry and bring in more controls on how much people can spend on gambling. Australia is already the world’s biggest gambling nation in terms of losses per person.

The problem worsened during the pandemic with more people getting addicted to online gambling. — Reuters

Solutions to improve learning systems for poverty discussed at the 2nd annual conference of Education@theMargins: A Global Alliance

Education has been in crisis even before the COVID-19 pandemic disrupted the sector and closed schools. But the global health crisis has worsened the learning situation.

The average global learning poverty rate in low- and middle-income countries was already estimated at 57% pre-pandemic. But due to the school closures, learning poverty in these countries increased to an estimated 70%, according to The State of Global Learning Poverty: 2022 Update. Learning poverty is defined as the inability to read and comprehend a simple text by age 10.

As the world looks to a better normal beyond the recovery from the pandemic, how can the education sector also bounce back and propel the learning of students, especially those at the margins?

This year, Education@theMargins (E@TM): A Global Alliance gathered education, policy reform, and community development experts from various countries in its second annual conference last Oct. 28 to talk about “Serving the Underserved: Learning Systems for Poverty.”

“We realize the problem is huge. And if there’s anything the past two years have taught us, problems know no boundaries, no political or geographical boundaries. Problems are global,” said PHINMA Education President and CEO Chito Salazar. “What vexes me is that while the problems are global and shared, we tend to look at solutions on a local level, on a domestic level, on our own. E@TM is an attempt to reach out, to find other kindred spirits who we can learn from [and] debate [with].”

“As we build our learning systems around low-income students, we’re actually creating a system that will contribute to the success of all other student groups,” said Nigel Cabison, chief analytics officer at PHINMA Education. “This is because the strategies that work for low-income, first-generation students are likely to be successful for the general student population as well. So there’s a lot of work before us, but we can take comfort from the fact that we are not alone in this crusade.”

Inequalities

Students at the margins experience inequalities concerning access, completion, and employability, according to Francis Larios, chief learning officer of PHINMA Education. And these inequalities are not just because of financial concerns, but also of their skills.

“For our students in Indonesia and the Philippines, the first thing is that, ‘Can I get into college? Can I pay for it? And even if I pay for it, do I have the reading and math skills to actually qualify or even make it through?’” Mr. Larios explained, giving an example of inequality in terms of access.

The inequality about completion, meanwhile, concerns the ability to reenroll in the following semesters, as well as the limited resources for first-generation college students in terms of asking for help from their parents or siblings in dealing with difficulties in college life.

Then, if students could finish their education, they might also face inequality in terms of employability, when compared, for instance, to their fellow jobseekers who are affluent and have networks.

“Those are things that challenge us to find ways to ‘game the system’ for our students,” said Mr. Larios.

Educating the family

To revise the problem in education for the generations to come, Dr. Charles Prince, chief higher education officer of Global Education Executives, Inc., believed that the family should also be educated, not just the students.

“We now have to educate the family. Because just educating one person, the child, or the age-relevant individual is no longer part of the system. We now have to educate mom and dad, grandma and grandpa, and uncle and aunt,” he said.

“The family is an economic unit now. It is not just one person to go off to work and bring the money back to the family. It’s everyone. So, now, we have to think about how we, as a university, bring everybody from that family onto campus to learn in a degree program,” he continued.

Noting that education in the 1800s or early 1900s used to be brought to the community and the family, Dr. Prince thus said, “We need to bring the education to them, not have them come to us.”

“We have to go back to a kind of an older system first to hit the reset button to make sure that our education people are trained [and] educated to their appropriate levels, and then we can start thinking about how the teacher can then close the equity gaps between those who are rich and poor,” he said.

Learning outside the classroom

Meanwhile, AfricaX Academy Founder Jessica Rees-Jones highlighted the need to learn beyond the classroom and the role that technology could play in it.

“When we talk about education, I would encourage that there is thinking outside the classroom, learning outside the classroom, that there is a lifelong learning approach from early childhood development through to adult learning, and inside and outside the classroom. And I think that’s where technology comes in,” she said.

“I think that’s going to shift a lot of how to address this. It’s not always about the money. When we say poverty, it can be education-poor; it doesn’t mean financially poor. And I think technology will be the enabler that will allow for a lot of those barriers to be broken down,” she added.

Ms. Rees-Jones also mentioned that technology could enable people to learn and produce content differently.

“You can still deliver quality content and quality learning experience, but you can change the behavior around it,” she said.

Having a growth mindset and a purpose

As the underserved get educated, they must also be nurtured to have a growth mindset and a purpose to achieve their dreams.

“I think the very serious problem of poor children is the lack of inspiration, confidence, and belief that they will be able to overcome. They’re probably just convinced that since their parents and grandparents were poor because of intergenerational poverty, they could no longer rise up from what they have. So there’s a ceiling there that blocks them,” said Dr. Nene Guevara, president of Synergeia Foundation.

Thus, for Synergeia’s part, they give hope and inspiration to children.

“The first thing is to let them stand up, let them dream, and tell and convince them that we’re here, you can become what you want to be, and all the skills will follow,” shared Dr. Guevara.

Meanwhile, Fahad Tanveer, co-founder and chief executive officer of EDKASA, mentioned their belief in the significance of giving young people a purpose.

“When you enter our office, the biggest thing you’ll see in front of you says, ‘The bridge between the world that you have and the world that you want is an education.’ So it’s something that we really believe in,” he shared.

“So, if you really want to achieve anything in your life, education will help you get there,” he added.

Education@theMargins (E@TM): A Global Alliance is an annual conference spearheaded by PHINMA Education.

 


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Manufacturing output increases in October

By Bernadette Therese M. Gadon

Factory output rose for the fifth straight month in October, the Philippine Statistics Authority (PSA) reported on Wednesday morning.

Preliminary results of the PSA’s Monthly Integrated Survey of Selected Industries (MISSI) showed the volume of production index (VoPI) went up by 5.1% year on year in October from the revised 4.1% in September. However, this was slower compared with the 27% growth posted in October 2021.

It was the sector’s fifth straight month of growth after the 0.5% decline in May. Year to date, factory output rose by 17.4%.

According to the statistics agency, 14 out of 22 industry divisions contributed to the growth led by manufacture of machinery and equipment except electrical with 81.8% in October, slower compared with the 88.9% in September, but faster than the 25.7% recorded in October last year.

This is followed by manufacture of beverages (61.7% in October from -6.4% in September); manufacture of chemical and chemical products (39.5% from 74.6%); and manufacture of fabricated metal products, except machinery and equipment (35.7% from 23.7%).

Manufacture of electrical equipment continued to decline by 56.9% in October from -55% in September. This was slower than the 42.3% growth recorded in October 2021.

Other industries that posted a decline in October were manufacture of basic metals (-23.4%), manufacture of furniture (-21.6%), and printing and reproduction of recorded media (-17.3%).

In comparison, IHS Markit’s Philippines Manufacturing Purchasing Managers’ Index (PMI) eased to 52.6 in October from 52.9 in September. A reading above 50 marks improvement for the manufacturing sector while anything below indicates deterioration.

The capacity utilization rate averaged 72.4% in October, up from 71.5% in September and 67.4% in the same month a year ago. All 22 sectors had an average capacity utilization rate of at least 50%.

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