MANILA — The Philippines has raised 70.1 billion yen ($559 million) from an offering of four-tranche Samurai bonds, fixed-income news provider IFR reported on Tuesday.
A five-year tranche raised 52 billion yen and was priced with a 0.76% coupon, while a seven-year portion raised 5 billion yen with a 0.95% coupon, it said.
An offer of 10-year bonds raised 7.1 billion yen at 1.22% coupon, and a 20-year tranche raised 6 billion yen at 1.83% coupon, IFR said. — Reuters
VOYAGER Innovations, Inc. said on Tuesday it had raised an additional $210 million in its latest funding round, boosting its valuation to “unicorn plus status” at around $1.4 billion.
PLDT, Inc., the company’s main shareholder, told the stock exchange Voyager would use the fresh funds to launch its Maya Bank services and offer new products such as cryptocurrency, micro-investments and insurance.
Maya Bank’s services, such as savings and credit, would be offered through the PayMaya platform, it added.
The investment round was led by new investor SIG Venture Capital, the Asian arm of Susquehanna International Group, LLP; Hong Kong-based First Pacific Co., Ltd.; and Singapore-based global investor EDBI. PLDT is a unit of First Pacific.
Existing shareholders PLDT, KKR, China’s Tencent, International Finance Corp. (IFC) and two funds managed by the IFC Asset Management Co. also participated in the round.
“With this milestone, we are excited to leap forward and bring the best of PayMaya and Maya Bank to help unlock the digital economy for the underserved and unbanked Filipinos,” Voyager and PayMaya Chief Executive Officer and founder Orlando B. Vea said in a statement.
PayMaya , which recently introduced cryptocurrency through its e-wallet application, had more than 47 million users across its consumer platforms as of end-March.
Voyager secured a digital banking license for Maya Bank in September. Pilot testing started in March.
Shailesh Baidwan, Voyager and PayMaya president, said the company plans to introduce “more game-changing innovations” as it addresses pent-up demand for financial services in the country.
Regina Capital Development Corp. Equity Analyst Anna Corenne M. Agravio said in a phone message the fundraising round means that Voyager’s expansion plans are in “full swing.”
Voyager “will be able to more efficiently tap into the unbanked sector through Maya Bank,” she added.
Voyager directly competes with Globe Fintech Innovations, Inc. (Mynt), operator of mobile wallet company GCash. However, Mynt is not planning on operating a digital bank.
“Both Voyager and Mynt have very aggressive expansion plans; both are looking to tap several aspects of financial markets. Cryptocurrency seems to be the talk of the town nowadays, so Voyager’s planned venture into this scene will likely be beneficial,” Ms. Agravio said.
The critical factor is whether PayMaya “will be able to turn a profit soon, since GCash seems to be ahead of it in that aspect,” she added.
“The more platforms you have, the more you are ahead of the pack,” First Grade Finance, Inc. Managing Director Astro C. del Castillo said in a phone interview.
“As long as you are ahead of the pack, you will eventually generate revenues,” he added.
PLDT shares closed 1.53% lower at P1,800 apiece on Tuesday.
Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls.
Conrad Manila celebrates one of its own with an exhibit
IT BEGAN with a white wall in the attic of his old home where Stephen Ozo would paint murals and explore the use of color with the small pints of paint he’d purchased. But nobody knew about it.
It was only in June 2021, when the country was under lockdown because of the coronavirus disease 2019 (COVID-19) pandemic, that Mr. Ozo presented his work on his social media accounts. His friends and colleagues began to commission paintings from him.
From working in his attic, he is now holding his first solo exhibit at the Conrad Manila hotel where he works as the assistant front office manager.
The 18th exhibit in the “Of Art and Wine” series at the hotel’s gallery C features a 24-piece collection of the artist’s paintings, which were created amid the global pandemic. The exhibit is titled “positive | negative.”
Born and raised in Baguio City, Mr. Ozo is a self-taught artist whose passion for painting kept him busy during the lockdown.
Conrad Manila’s PR consultant Zeny Iglesias told exhibition curator Nestor O. Jardin about a hotel employee who paints. Mr. Jardin then requested to meet with Mr. Ozo and view his portfolio prior to deciding whether to include him in the hotel’s exhibition program.
After the meeting, Mr. Jardin concluded that the artist still needed to “work on his focus on his subjects, improve his color palette, and continue painting.”
The artist worked to find his style on days when he was off duty from work.
“That [feedback] pushed me. That gave me an opportunity to find my style,” Mr. Ozo told members of the press at the exhibit launch on April 5. “Eventually through the painting I was doing for my colleagues; I was finding my style.”
Dramatic, life-changing events over the past two years — the successive demise of his parents, brother, and cousin —provided the impetus to develop his art.
“[It was] one way for me to cope with all my emotions. I think it was a good output,” Mr. Ozo said.
He works with acrylic paint and mixed media, with subjects ranging from flowers and wildlife, to human figures and women’s portraits against abstract backgrounds. As a signature to his work, Mr. Ozo said that he accents the canvas with gold and white bars “represent balance, purity, and balance.”
In the latter months of 2021, Mr. Jardin reevaluated Mr. Ozo’s works.
“I looked at photos of his recent artworks, and I was pleasantly surprised. He has improved a lot. I think he was beginning to find his focus. His color palette and his brush strokes improved,” Mr. Jardin said. “Artists usually find their artistic philosophy through some life changing experiences.”
Following his first solo exhibition, Mr. Ozo hopes to continue honing his craft for future opportunities as an artist.
“I’m already thinking in my head how to plan the next series of works that I’m doing,” Mr. Ozo said. “This opportunity [leads to] other opportunities to meet more artists, young and old artists, and masters.”
Mr. Ozo is currently working on improving his skills in portraiture.
“I can sketch a beautiful face but once I paint them, it changes. So, I’m practicing portraits at the moment, which I will incorporate in my future paintings,” he said.
“Of Art and Wine: positive | negative”will be on exhibit until June 11 at Gallery C. The works are available for purchase. For more information, call 8833-9999, or e-mail conradmanila@conradhotels.com. View the digital brochure of the artworksat http://bit.ly/OAAWPositiveNegative. — Michelle Anne P. Soliman
A PRIEST hears confession during Lent in this English manuscript.
A PRIEST hears confession during Lent in this English manuscript.
THE 14th century is known for catastrophe. By midcentury, the first wave of plague spread through a Europe already weakened by successive famines and the Hundred Years War between England and France. And crises just kept coming. After the first wave, which has come to be called the Black Death, the disease returned at least four more times before 1400. All the while, fresh conflicts kept erupting, fueled in part by the rising number of soldiers available for hire.
As a medieval historian, I study ways that community leaders used Catholic practices and institutions to respond to war and plague. But amid the uncertainty of the 14th century, some Catholic institutions stopped working the way they were supposed to, fueling frustration. In particular, the unrelenting crises prompted anxiety about the sacrament of penance, often referred to as “confession.”
This uncertainty helped spark critics like Martin Luther to ultimately break from the Catholic Church.
During this era, European Christians experienced their faith predominantly through saints and sacraments.
In art, saints were depicted as standing near God’s throne or even speaking into his ear, illustrating their special relationships with him. Pious Christians considered saints active members of their communities who could help God hear their prayers for healing and protection. Throughout Europe, saints’ feast days were celebrated with processions, displays of candles, and even street theater.
Fourteenth-century Christians also experienced their faith through Catholicism’s most important rituals, the seven sacraments. Some occurred once in most people’s lives, including baptism, confirmation, marriage, and extreme unction — a set of rituals for people who are near death.
There were two sacraments, however, that Catholics could experience multiple times. The first was the Eucharist, also known as Holy Communion — the reenactment of Christ’s Last Supper with his apostles before his crucifixion. The second was penance.
Catholic doctrine taught that priests’ prayers over bread and wine turned those substances into the body and blood of Christ, and that this sacrament creates communion between God and believers. The Eucharist was the core of the Mass, a service which also included processions, singing, prayers, and reading from the Scriptures.
Religious Christians also encountered the sacrament of penance throughout their lives. By the 14th century, penance was a private sacrament that each person was supposed to do at least once a year.
The ideal penance was hard work, however. People had to recall all the sins they had committed since the “age of reason,” which started when they were roughly seven years old. They were supposed to feel sorry that they had offended God, and not just be afraid that they would go to hell for their sins. They had to speak their sins aloud to their parish priest, who had the authority to absolve them. Finally, they had to intend to never commit those sins again.
After confession, they performed the prayers, fasting, or pilgrimage that the priest assigned them, which was called “satisfaction.” The whole process was meant to heal the soul as a kind of spiritual medicine.
Waves of plague and warfare, however, could disrupt every aspect of the ideal confession. Rapid illness could make it impossible to travel to one’s parish priest, remember one’s sins or speak them aloud. When parish priests died and were not immediately replaced, people had to seek out other confessors. Some people had to confess without anyone to absolve them.
Meanwhile, Europe’s frequent wars posed other spiritual dangers. Soldiers, for example, were hired to fight wherever war took them and were often paid with the spoils of war. They lived with the constant weight of the commandments not to kill or steal. They could never perform a complete confession, because they could never intend not to sin this way again.
These problems caused despair and anxiety. In response, people turned to doctors and saints for help and healing. For example, some Christians in Provence, in present-day France, turned to a local holy woman, Countess Delphine de Puimichel, to help them remember their sins, protect them from sudden death, and even leave warfare to become penitents. So many people described feeling consoled by her voice that a medical doctor who lived near the holy woman set up meetings so people could hear her speak.
But most people in Europe did not have a local saint like Delphine to turn to. They looked for other solutions to their uncertainties about the sacrament of penance.
Indulgences and Masses for the dead proved the most popular, but also problematic. Indulgences were papal documents that could forgive the sins of the holder. They were supposed to be given out only by the pope, and in very specific situations, such as completing certain pilgrimages, serving in a crusade, or doing particularly pious acts.
During the 15th century, however, demand for indulgences was high, and they became common. Some traveling confessors who had received religious authorities’ approval to hear confessions sold indulgences — some authentic, some fake — to anyone with money.
Catholics also believed that Masses conducted in their name could absolve their sins after their death. By the 14th century, most Christians understood the afterlife as a journey that started in a place called Purgatory, where residual sins would be burned away through suffering before souls entered heaven. In their wills, Christians left money for Masses for their souls, so that they could spend less time in Purgatory. There were so many requests that some churches performed multiple Masses per day, sometimes for many souls at a time, which became an unsustainable burden on the clergy.
Nicole Archambeau is an Associate Professor of History in the Colorado State University.
The popularity of indulgences and Masses for the dead helps scholars today understand people’s challenges during the Black Death. But both practices were ripe for corruption, and frustration mounted as a sacrament meant to console and prepare the faithful for the afterlife left them anxious and uncertain.
Criticisms of indulgences and penance were a focus of reformer Martin Luther’s famous “95 Theses,” written in 1517. Though the young priest did not originally intend to separate from the Catholic Church, his critiques launched the Protestant Reformation.
But Luther’s challenges to the papacy were not ultimately about money, but theology. Despair over the idea of never being able to perform an ideal confession led him and others to redefine the sacrament. In Luther’s view, a penitent could do nothing to make satisfaction for sin, but had to rely on God’s grace alone.
For Catholics, on the other hand, the sacrament of penance stayed much the same for centuries, although there were some changes. The most visible was the creation of the confessional, an enclosed space within the church building where the priest and the penitent could speak more privately. The experience of penance, especially absolution, remained a central ritual meant to heal Catholics’ souls in times of trouble, from the Black Death to the COVID-19 pandemic today.
Nicole Archambeau is an Associate Professor of History in the Colorado State University.
A TINY nipa hut serving as a chapel in Barrio San Miguel, Manila in 1851 held the image of Nuestra Señora del Rosario — Our Lady of the Rosary — which is venerated by the villagers.
Miraculously, though a huge fire raged all around the little hermitage on April 16, 1854, consuming all the structures in its path, the hut and the grass surrounding it stood totally unscathed. Witnesses gave written testimony to the fact that as the fire surrounded the capillita (small chapel), it suddenly died; even its grass did not lose its freshness. People plucked the grass, believing it to be miraculous.
Priest-investigators assiduously interviewing witnesses attested in writing to the miracle, with which the Archbishop of Manila concurred.
Forthwith, Governor General Manuel Pavia y Lacy ordered a stone chapel to be built, replacing the hut.
Fearing that the stone chapel situated in the Barretto lumberyard could crumble, in the late 1940s, Doña Florencia Barretto caused the present structure to be built in concrete.
Though Our Lady of the Rosary’s gowns may change over time, she is the original image venerated from 1851 up to the present.
Doña Florencia’s granddaughter, Carmencita Legarda Cu-Unjieng, is the capillita’s present custodian.
Commemorating Our Lady of the Rosary’s feast day, Novena prayers start on April 16. It being a Black Saturday, however, the Novena will have to be prayed in private. But Novena Masses will be held the next day, April 17, Easter Sunday, at 9 a.m. On succeeding days from April 18 to 23, the Novena Masses start at 5:30 p.m. until the following Sunday, April 24, at 10 a.m.
The capillita is open to those who wish to join the Novena Masses.
To reach the white chapel, traveling north on Ayala Bridge, turn left at its foot on Carlos Palanca St. (formerly Echague). The white capillita is 200 meters away on the right-hand side at 505 Carlos Palanca St. in Manila. — Joan Orendain
GOOGLE is adopting a more stringent approval process for online lending applications in the Philippines, the Securities and Exchange Commission (SEC) said in a media release on Tuesday.
“Google will require developers offering personal loans in the Philippines to submit a personal loan app declaration, and submit necessary documentation before they could publish apps on Google Play Store,” the SEC said.
The decision was recommended by the SEC to address illegal and abusive lending practices.
In the declaration form, developers will need to state that they are registered with and duly licensed by the SEC to operate an online lending platform (OLP), or to perform lending-based crowdfunding activities, such as peer-to-peer lending, or to act as a crowdfunding intermediary.
Developers will also need to confirm that they are engaged in a lawful business activity and are undertaking the same in compliance with the applicable laws.
Personal loan apps operating in the Philippines without proper declaration and license attribution will be removed from the Play Store, the commission said.
Persons or entities operating as lending companies are required to register as corporations and to secure from the SEC the necessary authority to operate.
Likewise, financing companies must register with the SEC as corporations and to secure separately from the commission an authority to operate as such.
The commission also further requires financing and lending companies to register their OLPs as business names, as well as disclose their corporate names, SEC registration numbers, and certificate of authority numbers in their OLPs and advertisements.
In November 2021, the commission imposed a moratorium on new OLPs while it drafted guidelines on the registration and licensing of OLPs.
Only those registered as of Nov. 2 may operate and be used for online lending or financing, subject to strict monitoring.
“We thank Google for supporting our efforts to combat illegal and abusive lending, and thereby preserve the financing and lending industry’s integrity, and provide Filipinos secure and accessible financing options,” SEC Chairperson Emilio B. Aquino said in a statement.
“We are positive that the additional requirements, imposed by Google for developers of personal loan apps targeting users in the Philippines, will serve as another layer of protection for Filipino borrowers and deterrence against predatory lending,” Mr. Aquino added.
Since 2019, the SEC said it had been in correspondence with Google to address the proliferation of unregistered personal loan apps.
“Aside from reporting and requesting for the removal of unlicensed lending apps from Google Play Store, the commission has enjoined the US-based technology giant to verify the legitimacy of lending and financing companies looking to develop and publish their apps,” the SEC added. — Luisa Maria Jacinta C. Jocson
A Game of Trolls, Liza Magtoto’s martial law musical
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A Game of Trolls, Liza Magtoto’s martial law musical
THE PHILIPPINE Educational Theater Association’s (PETA) marks its 55th anniversary by streaming A Game of Trolls, Liza Magtoto’s martial law musical, on ktx.ph on April 22 and 23.
This is a video of an original live performance from 2017. The musical was directed by Maribel Legarda, with lyrics, composition, arrangement, and musical direction by Vincent de Jesus.
A Game of Trolls follows Heck, an online troll whose indifference leads him to work for Bimbam, the manager of a troll center that runs an online pro-martial law campaign. Then ghosts of Martial Law victims start to haunt him from the Internet cloud, educating Heck about the atrocities of the period before their stories are erased. The encounters force Heck to reflect on his own beliefs and his relationship with his mother, a former Martial Law activist.
“We would like to make a solid contribution to combat the flood of disinformation and historical revisionism. We want to tell a powerful and engaging story about the abuses of the Marcos years,” said Cecilia “CB” Garrucho, PETA’s President, during the online press launch on April 7.
“PETA remains steadfast in our mission to use the arts to reflect people’s stories and examine the past and present. Now, even more, is a critical time to use theater as a vehicle for introspection and truth-telling, to use theater as a beacon of truth,” Maria Gloriosa “Beng” Santos Cabangon, Executive Director of PETA, said in a statement.
By streaming the musical, PETA aims “to reach 8,000 youth who comprise 56% of the 67 million registered voters expected to troop to the polling stations” in May.
A Game of Trolls cast include Myke Salomon, TJ Valderama, Upeng Galang-Fernandez, Gail Guanlao-Billones, Vince Lim, Gold Villar-Lim, Lemuel Silvestre, Joseph Madriaga, Kiki Baento, Gilbert Onida, John Moran, Juan Miguel Severo, Norbs Portales, Roi Calilong, Jasper Jimenez, Ada Tayao, Lea Espallardo, Icee Po, Nieves Reyes, Dan Cabrera, Jason Barcial, and Justin Castillo.
A Game of Trolls streams on April 22 and 23 on www.ktx.ph. Tickets are priced at P150 for video on demand viewing. For ticket and bulk inquiries, contact Mitch Go at 0917-539-1112. The trailer can be viewed at https://fb.watch/bU_-SlNu1i/.— Michelle Anne P. Soliman
EXPERTS say a surge caused by the rising Omicron XE variant may be on the horizon.
“XE is a recombinant of Omicron subvariants BA.1 and BA.2. It’s still a variant under monitoring, not a variant of concern,” said Dr. John Q. Wong, an epidemiologist at EpiMetrics, Inc., at a University of the Philippines webinar held on April 8.
“It’s 10% more transmissible than BA.2 but because of the small numbers, scientists still can’t tell if it has immune escape properties,” he added.
Immune escape, in this context, refers to a mutation that allows a virus to resist vaccines. The Philippines, like other countries, is preparing for this possibility by promoting booster vaccination, whether it’s a third or even fourth booster shot.
Health Undersecretary Maria Rosario S. Vergeire said in an online briefing on Friday that case numbers “can go down further, but they can also go up again, so it’s important that we sustain the plateauing” through continuous vaccination and consistent practicing of minimum health standards.
Recombinant variants — including XE, which was recently detected in Thailand — have so far not been found in the Philippines.
Other factors that can contribute to a surge include transmissibility, which is how fast a virus can spread; and virulence, which is how dangerous it is for those infected.
Dr. Wong explained: “Many people are done with the pandemic even though the pandemic may not be done with them. This means the response to a wave may not be the same as with previous waves.”
Masking and distancing should be complemented by good ventilation. He recommended using a filter with a minimum efficiency reporting value of 13, usually the highest rating for home use; or a carbon dioxide (CO2) sensor as a proxy for estimating the risk for infection (the lower the levels of CO2, the lower the risk).
“We’re in a better place than two years ago … Just the same, we need to control spread,” Dr. Wong said.
FILINVEST Land, Inc. said on Tuesday that it approved the offer and issuance of bonds worth P11.9 billion for the third and final tranche of its P30-billion shelf-registered debt securities.
The board approved the offer and issuance of up to P8-billion worth of fixed-rate peso denominated retail bonds with an oversubscription option of up to P3.9 billion, with maturity periods ranging from three to five years.
The real estate company issued the first tranche of the shelf-registered bonds in November 2020 worth P8.1 billion and the second tranche in December 2021 worth P10 billion.
Filinvest Land tapped BDO Capital & Investment Corp,, BPI Capital Corp., China Bank Capital Corp., East West Banking Corp., First Metro Investment Corp., RCBC Capital Corp. and, SB Capital Investment Corp. as the joint lead underwriters and bookrunners to manage the public offer and issuance.
The company also appointed Chinabank Trust and Asset Management Group as the trustee, the Philippine Depository & Trust Corp. as registrar and paying agent for the third tranche bonds, and the Philippine Rating Services Corp. to issue the credit rating.
The third tranche bonds are to be listed with the Philippine Dealing and Exchange Corp. or PDEx.
“The board of directors of the company has authorized the management of the company to evaluate all aspects relating to the proposed offering of the third tranche bonds, including the determination of the timing thereof and interest rate,” the real estate developer said.
Filinvest Land’s business segments are real estate and leasing.
The real estate segment is primarily composed of socialized, affordable, middle-income and high-end housings; townships; residential farm estates; residential resort development; and medium and high-rise buildings. The leasing segment is composed of retail and office leasing.
Its wholly owned subsidiaries include Filinvest AII Philippines, Inc.; Homepro Realty Marketing, Inc.; FCGC Corp.; Gintong Parisukat Realty and Development, Inc.; Cyberzone Properties, Inc.; Filinvest Cyberparks, Inc.; Filinvest Cyberzone Mimosa, Inc.; Filinvest Lifemalls Corp.; Festival Supermall, Inc.; Property Specialist Resources, Inc.; ProOffice Works Services, Inc.; and Property Leaders International Ltd.
In 2021, the company reported a 2% increase in net income attributable to equity holders to P3.8 billion. Residential revenues grew by 15% to P11.27 billion while reservation sales were up 5% to P16 billion.
At the stock exchange on Tuesday, Filinvest Land shares remained unchanged at P1.05 apiece. — Luisa Maria Jacinta C. Jocson
Kristine Lim presents Tetelestai, where a crucifix lies on the floor like a path that our lives were meant to walk through or a solid foundation that we can stand on.
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Kristine Lim presents Tetelestai, where a crucifix lies on the floor like a path that our lives were meant to walk through or a solid foundation that we can stand on.
Francis Nacion Wave Dreams 74 x 197 Oil and Textile on Canvas
Ricky Francisco A Crimson Sunset Foreseen 72 x 192 Polyurethane & Gold Leaf on Canvas
Episode 8. ARTISTRY | Ballet Minis Series of Ballet Manila
CCP pays tribute to National Artist Bien Lumbera
THE CULTURAL Center of the Philippines (CCP) and the National Commission for Culture and the Arts will hold a necrological tribute for the late National Artist for Literature Bienvenido Lumbera on April 23. Mr. Lumbera passed away on Sept. 28, 2021 at the age of 89. The tribute will start with the Arrival of Honors at 8:30 a.m. at the CCP Front Lawn, followed by a program at 9 a.m. at the CCP Main Theater. The state funeral will follow at noon at the Libingan ng mga Bayani.Mr. Lumbera was conferred the Order of the National Artists, the highest national recognition given to Filipino individuals, for his significant contributions and achievements in Philippine literature, in 2006. The public is invited to pay tribute to the great literary master, following health and safety guidelines. For those attending the tribute, read the CCP protocols for Alert Level 1 here: https://bit.ly/ccpnewnormalprotocol.
Holy Week art installation on view at Molito
TO CELEBRATE Holy Week, artist Kristine Lim presents “Tetelestai,” where a crucifix lies on the floor like a path that our lives were meant to walk through or a solid foundation that we can stand on. Ms. Lim’s work, together with Jonathan Manalo’s musical score entitled “Ililigtas Ka Nya,” is meant to allow visitors to make their personal reflections while passing the three-part installation. “Tetelestai”is on exhibit at Molito Lifestyle Center until April 17. The installation was done in collaboration with New Life Christian Center, Art Lounge Manila, and Molito Lifestyle Center.
Monumental abstracts at Art Lounge Manila
TAKING advantage of its walls which can accommodate oversized works, Art Lounge Manila presents “Monumental Abstracts,” a group exhibit of works by Anna de Leon, Francis Nacion, Jr., Louie Ignacio, Jonathan Dangue, Ricky Francisco, Melissa Yeung Yap, and 0270501.Using canvases with one side measuring more than 10 feet (most are 16 feet), this project was born out of the thrill of creating something memorable and impactful. The exhibit features a diversity of subjects and inspirations. Art Lounge Manila is at the Podium Mall, Ortigas Center. The show runs until April 30. For inquiries, call 0977-839-8971 or 0998-993-7963, or e-mail info@artloungemanila.com.
Art in the Park goes online
AFTER THE hybrid edition of Art Fair Philippines 2022, this year’s Art in the Park returns online on April 24 to May 1. Known as the more affordable counterpart to the Art Fair, Art in the Park features art pieces whose prices are capped at P50,000. This year, 63 galleries will be showcasing works online. For more information, visit www.artinthepark.ph.
Ballet Manila streams Passages on Pointe: Artistry
BALLET MANILA presents Passages on Pointe, a series of online ballet performances made possible by the Innovations Grants Project of the Cultural Center of the Philippines. The eight-episode piece, “Artistry,” is now on view at the Ballet Manila YouTube Channel (Episode 8. ARTISTRY | Ballet Minis Series | Passages on Pointe) along with previous episodes: “Grace,” “Stamina,” “Practice,” “Vision,” “Passion,” and “Dream.” Upcoming episodes are “Commitment,” and “Tradition.”
ROOKIE big man Carl Tamayo finally flaunted his potential with a career-best outing of 21 points, 10 rebounds, two assists and three steals. — THE UAAP FB
By John Bryan Ulanday
RED-HOT University of the Philippines (UP) clamped National University (NU), 84-76, to extend its winning spree to seven consecutive games and tighten its grip of solo second place at the start of the crucial University Athletic Association of the Philippines (UAAP) Season 84 second round at the MOA Arena on Tuesday.
Rookie big man Carl Tamayo finally flaunted his potential with a career-best outing of 21 points, 10 rebounds, two assists and three steals as the Fighting Maroons improved to 7-1 for their best start since winning their last UAAP title in 1986.
Veteran Ricci Rivero and another impressive neophyte Zavier Lucero backstopped Tamayo with 16 markers apiece for UP, which also notched its longest winning streak in the Final Four era (1993-1994).
But more than that, the Fighting Maroons stayed a stone throw’s away from three-time defending champion and undefeated leader Ateneo that dealt them their lone loss so far back in the opener, 90-81.
“We started strong in this game, which might be our best start from all of our games so far but still, we have to be consistent. We still have errors to improve on. We still have a lot of lessons to learn,” said the decorated high school coach Goldwin Monteverde, who took over from now UP program director Bo Perasol.
Buoyed by six victories in a row to close out the first round, the Fighting Maroons caged the Bulldogs early with a sizzling 23-11 start that they even ballooned to 15 points to replicate their 80-70 win in their first meeting.
John Lloyd Clemente (18), Reyland Torres (15) and Shaun Ildefonso (11) led the way for the Bulldogs, whose comeback attempt at 58-62 entering the final frame ran out of steam to fall at 4-4.
Later, Nash Racela got back at his brother Olsen as Adamson exacted vengeance on Far Eastern University (FEU) with a thrilling 64-63 win to snap its five-game losing skid.
Jerom Lastimosa sizzled with 17 markers including an assist to Matt Erolon, who drained a last-second triple as the Soaring Falcons avenged their 66-65 heartbreaker in the second round to improve at 2-6.
LJay Gonzales (20) and RJ Abarrientos (15) paced the Tams in their fifth loss in eight games to stay outside the Final Four so far.
THE World Health Organization (WHO) said on Monday it is tracking a few dozen cases of two new subvariants of the highly transmissible Omicron strain of the coronavirus to assess whether they are more infectious or dangerous.
It has added BA.4 and BA.5, sister variants of the original BA.1 Omicron variant, to its list for monitoring. It is already tracking BA.1 and BA.2 — now globally dominant — as well as BA.1.1 and BA.3.
The WHO said it had begun tracking them because of their “additional mutations that need to be further studied to understand their impact on immune escape potential.”
Viruses mutate all the time but only some mutations affect their ability to spread or evade prior immunity from vaccination or infection, or the severity of disease they cause.
For instance, BA.2 now represents nearly 94% of all sequenced cases and is more transmissible than its siblings, but the evidence so far suggests it is no more likely to cause severe disease.
Only a few dozen cases of BA.4 and BA.5 have been reported to the global GISAID database, according to WHO.
The UK’s Health Security Agency said last week BA.4 had been found in South Africa, Denmark, Botswana, Scotland, and England from Jan. 10 to March 30.
All the BA.5 cases were in South Africa as of last week, but on Monday Botswana’s health ministry said it had identified four cases of BA.4 and BA.5, all among people aged 30 to 50 who were fully vaccinated and experiencing mild symptoms. — Reuters