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Perlas takes leave of absence in Premier Volleyball League season

CITING the coronavirus disease 2019 (COVID-19) pandemic, Perlas will not be seeing action in this year’s Premier Volleyball League (PVL) season.

“We regret to inform everyone that, with the ongoing pandemic, the Perlas management has decided to take a leave of absence in the upcoming PVL tournament,” Perlas owner Charo Soriano told The STAR on Tuesday night.

“We wish the tournament well and we continue to support the growth of Philippine volleyball,” she added.

Reports of its leave surfaced after several of its stars transferred teams.

Dzi Gervacio went to F2 Logistics, Jem Ferrer and Cherry Nunag to Choco Mucho, Nicol Tiamzon to Petro Gazz, and Gel Cayuna to Cignal HD.

With the news, Jho Maraguinot, Jules Samonte, Mich Morente, Roma Joy Doromal, Heather Guino-o, Thang Ponce, Sue Roces, Czarina Carandang, and Jeanette Villareal have become free agents and will have to seek new clubs to join.

The decision came less than a week after Sta. Lucia also took a leave and cited the same reason.

In its four years in the league, Perlas’s highest finished was third twice in 2018. — Joey Villar

Colliers says emergencies offer leasing opportunities

COLLIERS Philippines sees opportunities for the office leasing market in times of environmental emergencies as several information technology and business process management (IT-BPM) businesses in Cebu have signed short-term office leases after the onslaught of Typhoon Odette.

“We have observed that several IT-BPM players have signed leases in such facilities in the short-term or until electricity providers reenergize their employees’ respective areas,” Colliers Senior Manager of Office Services Winston B. Luna said in a media release on Wednesday.

The real estate services firm said some 200,000 employees in the IT-BPM industry in Cebu are working from home since the coronavirus disease 2019 (COVID-19) hit the country in 2020.

Mr. Luna noted a high demand for fully fitted or plug-and-play spaces when companies offered to provide their employees an alternative workplace after Typhoon Odette, which hit provinces in the Visayas and Mindanao in mid-December, causing massive power loss.

Fitted offices are premises for office or commercial use that are renovated, furnished, and ready for use with minimal setting up.

Plug-and-play offices provide business equipment such as fax machines, copiers, scanners, and printers. They also offer other amenities, including stocked pantry kitchen, electricity, janitorial services, and flexible spaces.

Colliers urged occupiers or businesses to consider additional spaces as part of their business continuity plan (BCP) in coping with the pandemic.

“With the learnings from the COVID-19 pandemic and Typhoon Odette, we urge occupiers to revisit their BCPs and consider additional office spaces as BCP sites that can accommodate employees during disruptions,” Mr. Luna said.

Colliers also recommended occupiers to explore partnerships with flexible workspace providers where staff will immediately have a facility to work in, adding that as the employees needs evolve with the circumstances, the more opportunities will also emerge for the office leasing market to provide greater value and ensure business continuity to companies.

Colliers Assistant Manager of Office Services Kathlyn P. Atillo said that even before the pandemic, occupiers have been facing several challenges.

“Apart from high competition for fitted office spaces, there remain some challenges for certain occupiers whose ‘must-haves,’ such as flexible lease terms, required area size or number of seats, and generator set capacity, are not yet being met,” she said.

Colliers also asked the office lease market to be flexible with their offered commercial terms and lease durations. — Marielle C. Lucenio

Kaspersky expects more attacks on cryptocurrency firms this year

INTERNET security company Kaspersky expects a larger wave of attacks on cryptocurrency businesses this year, as well as cybercriminals targeting the growing non-fungible token (NFT) industry.

“By observing the ​cutting-edge attackers with large human resources, such as Lazarus group and its sub-group, BlueNoroff, Kaspersky researchers concluded that we shall expect an even more significant wave of attacks on cryptocurrency businesses,” Kaspersky said in an e-mailed statement on Monday.

Cybercriminals will also be targeting the NFT industry, it said.

“This is due to the fact that countries in SEA are leading in terms of NFT ownership, with the Philippines topping the list at 32% saying they own such digital assets,” the company said.

NFTs are non-interchangeable digital tokens that contain data proving ownership of items, mostly related to art, audio, video, and the like. 

The popularity of NFTs in the Philippines is mainly from in-game assets gained in play-to-earn games like Axie Infinity.

“From direct attacks on employees of cryptocurrency startups and exchanges through sophisticated social engineering, software exploits, and even fake suppliers to mass attacks via supply-chain software or its components (i.e., third-party code libraries) — we will see an increase of such cases,” said Vitaly Kamluk, director of Global Research & Analysis Team (GReAT) for Asia-Pacific at Kaspersky.

“Additionally, we should see more incidents of NFT property theft in the coming years. Being a totally new area, this will cause a deficit in skilled police investigators that will result in an initial surge of such attacks,” he added.

Kaspersky said that such attacks “will not only have an effect on the global cryptocurrency markets but also the share price of individual companies, which will also be monetized by the attackers via stock market illegal insights trading.”

Australian independent information service Finder has said it expects further NFT adoption in the Philippines, with 9.5% of Filipinos surveyed previously saying they plan to own NFTs in the future. — Arjay L. Balinbin

Dining In/Out (01/13/22)

Seattle’s Best new Salted Caramel Deluxe Collection out

FOR those who like sweetness in their coffee but also love a salty kick in their drink, Seattle’s Best has come out with the new Salted Caramel Deluxe Collection. The drinks are Hot Salted Caramel Mocha (a creamy coffee-based drink made with caramel fudge and dark chocolate sauce enhanced with sea salt), Iced Salted Caramel Mocha (caramel fudge, espresso shot, ice, and dark chocolate sauce, and sea salt), and Salted Caramel Javakula (caramel fudge and dark chocolate sauce, covered with whipped cream, topped with swirl of caramel fudge and sea salt). The Salted Caramel Deluxe Collection is available in all Seattle’s Best Coffee branches nationwide for dine-in, take-out, pick-up, and delivery through Grabfood, foodpanda, and Pickaroo.

RWM restaurants open under Alert Level 3

AS METRO Manila has been upgraded to Alert Level 3 status until Jan. 15 in an effort to curb the increased spread of coronavirus disease 2019 (COVID-19) in the area, Resorts World Manila (RWM) assures the public that it continues to ensure the safety of guests and employees through its various rigorous health and safety measures. The integrated resort has adjusted operation capacity in full compliance with the government and IATF guidelines. RWM’s signature restaurants and dining outlets are open for dine-in at 60% capacity indoors and 80% capacity at al fresco locations. The Garden Wing’s Newport Mall’s retail outlets are open for shoppers subject to Pasay City and each establishment’s protocols, while the Newport Cinemas are also open at 50% capacity. RWM’s hotels, Marriott Hotel Manila, Sheraton Manila Hotel, Hilton Manila and Hotel Okura Manila are all open for leisure stays. Additional capacities are authorized under the Safety Seal certification and Pasay City Executive Order ICR No. 01, Series of 2022. RWM has been granted a property-wide Safety Seal to assure guests and patrons that 100% of business establishments within the RWM complex adhere to strict implementation of the standard health and safety protocols set by the IATF and health department. Furthermore, RWM’s on-site staff are fully vaccinated and undergo regular antigen testing for COVID-19. For more information on RWM operations, visit www.rwmanila.com and follow @rwmanila and @newportmall on Facebook and Twitter, and @resortsworldmanila Instagram.

Printing images of currency without approval is illegal, BSP reminds public

THE CENTRAL BANK reminded the public that printing images of currency without prior approval is illegal. — BW FILE PHOTO

THE BANGKO SENTRAL ng Pilipinas (BSP) warned the public that printing images of currency is illegal and may result in imprisonment.

The reminder was issued after the National Bureau of Investigation (NBI), together with the BSP’s Payments and Currency Investigation Group, arrested a suspect for selling money or cash envelopes using the image and design of the P1,000 bill.

Previous reports showed an online seller in Cavite was nabbed after she delivered envelopes bearing the design of the P1,000 bill to an NBI undercover agent.

Persons found reproducing Philippine banknotes, whether in black and white or in color, without approval from the BSP will be subject to imprisonment of five to 10 years, according to BSP Circular 829 Series of 2014.

“The public may be allowed to reproduce images of Philippine banknotes if authorization or approval from the BSP has been secured for educational, historical, numismatic, newsworthy, or other relevant purposes that will maintain, promote, or enhance the integrity and dignity of the Philippine currency,” the central bank said. — LWTN

How travel-friendly is the Philippine passport?

How travel-friendly is the philippine passport?

How PSEi member stocks performed — January 12, 2022

Here’s a quick glance at how PSEi stocks fared on Wednesday, January 12, 2022.


FIRB orders investments board to complete SIPP by end-Jan.

LIMA Estate’s 30-hectare commercial area in Batangas. — BW FILE PHOTO

THE Fiscal Incentives Review Board (FIRB) has directed the Board of Investments (BoI) to finalize the Strategic Investment Priority Plan (SIPP) this month in order to clarify which investors are eligible for perks under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act.

“Once the categories are identified, the next step is for each of the investment promotion agencies (IPAs) to identify the specific companies they want to invite, and then discuss with them what it would take for them to invest in the country,” Finance Secretary Carlos G. Dominguez, III said in an inter-agency meeting held last month.

The SIPP will list industries that will qualify for incentives under CREATE Law, Mr. Dominguez said. Finalizing the list will be the first step in attracting potential investors, he added.

Currently, a transitional SIPP is in effect, based on the 2020 Investment Priorities of the BoI.

Mr. Dominguez said the investment priorities must incorporate what has been learned during the pandemic about disruptions to the export industry.

“COVID-19 heavily disrupted the supply chains, causing sizable declines in world trade during its peak,” he said.

“Manufacturing particularly took a major hit during the pandemic. Services exports, such as the business process outsourcing sector, which relied not only on chips, but on the digital economy to deliver its services, remained resilient,” he added.

Mr. Dominguez is bullish that US will post strong growth, but cautioned that China’s growth may not be as robust.

He said export strategies should be geared towards crisis-proof industries.

“I don’t know exactly which products have to be redirected, but essentially industry and government have to sit down and look at what the future is emerging. We may have to change our strategies,” he said.

CREATE was passed in March 2021. It reduced the corporate income tax to 25% and streamlined fiscal incentives. — Luz Wendy T. Noble

Senators considering arguments on online platforms’ accountability

PHILSTAR

SENATORS heard testimony on how online platforms should handle disinformation and harmful messages on Wednesday, diving into possible freedom-of-speech issues and the removal of immunity protections currently enjoyed by such platforms under US law should they host damaging content.

At a hearing of the Senate Committee on Constitutional Amendments and Revision of Codes, Maria A. Ressa, Rappler chief executive officer and Nobel Peace Prize laureate, raised the issue of potential censorship if content is curtailed, but instead called for greater policing of algorithms, which have the power to amplify even messages that are clearly disinformation.

“…it’s not about the content, it’s about the operating system run by algorithms,” she said. “Don’t intervene in the content because then you can actually be accused of censorship. But if you go to the algorithms of amplification… everyone can say what they think, but what your neighbor said never reached broadcast scale until today, because there have been no guard rails on the distribution of lies.”

Minority Leader Franklin M. Drilon cited the position taken by Retired Associate Justice Antonio T. Carpio, who believes that online platforms should be considered publishers and that they should disclose the real identities of people who post the content.

The platform-publisher distinction Mr. Carpio made tracks the debate in the US over Section 230 of the United States Communications Decency Act, which currently renders website platforms immune should third-party content posted on the platform prove to be damaging. Publishers, on the other hand, are held responsible for all content appearing on their publications or sites.

“We are grappling with solutions here,” Mr. Drilon said. “As in every freedom, there should be responsibility.”

The quick solution, Ms. Ressa, said is to hold platforms accountable for what they allow to spread. “When you do that, I bet you that you would automatically see a shrinking of information operations.”

She was referring to disinformation campaigns that seek to game social-media algorithms in order to reach targeted audience more effectively, which have allegedly influenced the outcome of elections worldwide.

Roy Abrams, law enforcement manager for Asia Pacific at Meta Platforms, Inc., formerly known as Facebook, said the company’s concern is not to be seen as “the arbiters of truth, (because) that’s not our role in society… that’s why we employ businesses like Rappler to be our third-party fact-checker.”

Rappler and Vera Files were appointed Facebook’s Philippine fact checkers in 2018. Their role includes evaluating flagged posts for the quality of the information contained, and issuing a ruling on whether claims are true, false, or misleading.

“When it comes to hate speech, we don’t allow it, and quite frankly the algorithms that we’re talking about, there’s nothing inherently evil about it,” Mr. Abrams added, noting that algorithms helped numerous small businesses in the Philippines survive the pandemic and rid the country of terror-related content. “But it is true that we have to continue to improve on them.”

Jean-Jacques Sahel, Asia-Pacific Information policy lead at Google, said: “We have to maintain this careful balance between the internet being a place for free expression… but also make sure that we preserve user safety, that we make it a safe place,” he said. — Alyssa Nicole O. Tan

Public transport ban on unvaccinated riders starts Monday in National Capital Region

PHILSTAR

THE Department of Transportation (DoTr)  said it will enforce a “no vaccination, no ride/no entry” policy across all forms of public transport in the National Capital Region (NCR), with the pilot program to launch on Monday, Jan. 17.

Para mabigyan ng konting allowance ang mga tao (To give everyone time) to prepare for this… Secretary (Arthur P.) Tugade (ordered the policy to be) fully effective by Monday,” Undersecretary Artemio U. Tuazon, Jr. said at an online briefing.

On Jan. 11, Mr. Tugade issued Department Order No. 2022-001, limiting public transportation access to vaccinated individuals in the NCR under Alert Level 3 conditions or higher.

“It will be piloted in the National Capital Region where the vaccination rate is already very high,” Mr. Tuazon said.

The policy applies to all domestic travel to, from, and within the NCR via public transportation by land, sea, and air, according to the order. It also covers public transportation for individuals who reside outside the NCR “but work and/or travel to the same.”

Passengers must show physical or digital copies of their vaccine cards issued by their local government units or the Department of Health, as well as valid government-issued IDs with picture and address.

“In general, a person is considered fully vaccinated two weeks after their second dose in a two-dose series, such as the Pfizer or Moderna vaccines; or two weeks after a single-dose vaccine, such as the Johnson & Johnson’s Janssen vaccine,” the DoTr said.

“Any violation of this DO by operators of public transportation shall be considered a violation of applicable general safety and health provisions under any concession or service agreements, authority or permit to operate, or other similar instruments,” the DoTr also noted. — Arjay L. Balinbin

Pacquiao: No legal basis for impeding mobility of vaccine-hesitant persons

SENATOR MANNY PACQUIAO FB PAGE

SENATOR Emmanuel D. Pacquiao, Sr., a candidate for President, said on Wednesday that he opposes restrictions on the mobility of the unvaccinated, calling the decision to be inoculated a “personal choice.”

Mr. Pacquiao said authorities should instead persuade the unvaccinated by explaining the benefits of getting shots, instead of using compulsion.

“Let us not treat them like criminals. Let us not deny them their right to work and buy their necessities,” Mr. Pacquaio said in a statement in Filipino.

He urged the Department of Interior and Local Government, the Philippine National Police, the Department of Transportation, and local government units not to implement such restrictions if mandatory safety protocols are observed.

Mr. Pacquiao noted the need to respect those who remain unvaccinated out of personal or religious belief, adding that no law compels vaccination.

“There is no basis in any law that stops unvaccinated individuals from (moving freely) in the community,” he said. “Those who want to get vaccinated should go get vaccinated, but for those who don’t want to, let us give them the right to stand up for their beliefs.” — Alyssa Nicole O. Tan

Agriculture damage due to Typhoon Odette hits P12.7B

PHILIPPINE COAST GUARD FACEBOOK PAGE

DAMAGE to the agriculture industry caused by Typhoon Odette (international name: Rai) has risen to P12.7 billion, according to the Department of Agriculture (DA).

The storm affected 396,585 farmers and fishermen across 443,419 hectares of agricultural land, the DA said, with the lost volume of production estimated at 267,809 metric tons (MT).

The fisheries sector sustained damage valued at P4 billion, with 41,181 fishermen affected.

Losses to the rice crop came in at P2.6 billion on volume of 139,399 MT across 114,777 hectares of farmland.

The high-value crop sector, including banana and cacao, tallied P1.6 billion in damage, coconut P1.5 billion and sugarcane P1.2 billion.

Damaged production areas were mainly in the Calabarzon (Cavite, Laguna, Batangas, Rizal, Quezon), Mimaropa (Mindoro, Marinduque, Romblon, Palawan), Bicol, Western Visayas, Central Visayas, Eastern Visayas, Zamboanga Peninsula, Northern Mindanao, Davao, Soccsksargen (South Cotabato, Cotabato, Sultan Kudarat, Sarangani, and General santos City), and Caraga regions. — Luisa Maria Jacinta C. Jocson