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Netflix greenlights a Stranger Things spin-off series

STRANGER THINGS season 4

LOS ANGELES — Netflix, Inc. said on Wednesday it is developing a spin-off of science fiction series Stranger Things as the streaming service works to build its biggest English-language hit into a broad entertainment franchise.

The new series will be based on an original idea from Matt and Ross Duffer, the twins who created Stranger Things, Netflix said in a statement. No details on the story or characters were provided.

Netflix also announced a stage play set in the world of Stranger Things.

The supernatural thriller starring Winona Ryder and David Harbour has set viewing records for Netflix, surpassing the Regency-era drama Bridgerton as the company’s most-watched English-language show.

Stranger Things reverberated through the cultural zeitgeist when it debuted in 2016 and turned then-12-year-old Millie Bobby Brown into a global star. The most recent season propelled Kate Bush’s hit song “Running Up That Hill” to the top of the iTunes and Spotify charts 37 years after its original release.

The fourth season concluded with the final two episodes last week, briefly crashing the Netflix app as fans rushed to view it. The series has logged 1.15 billion hours in viewing time on Netflix, behind only South Korean drama Squid Game.

“One of the reasons why Stranger Things has really broken out in the way that it has is that there’s a universality at the center of it,” said Matthew Thunell, the Netflix vice president who first read the script and advocated for the series. “It really is about the strength of friendship, how friendship triumphs over evil.”

The series is the first that Netflix has sought to develop as a traditional entertainment franchise, whose characters and stories traverse film, television, games and consumer products. Its popularity took Netflix by surprise — “candidly we could never have predicted what ‘Stranger Things’ has become,” said Mr. Thunell.

As the show’s audience expanded beyond so-called genre nerds, or science-fiction fans, to include adults captivated by its 1980s pop culture references, Netflix began contemplating ways to extend the story through spin-offs and merchandise.

That resulted in a range of Stranger Things tie-ins that include a Surfer Boy pineapple and jalapeno frozen pizza at Walmart and a Magic 8 ball toy from Hasbro. Fans also have been able to participate in mock sleep studies at a Hawkins National Laboratory attraction in New York, San Francisco and London.

“We’re starting from scratch and so it gives us a lot of freedom to be innovative and try new things,” said Josh Simon, Netflix’s vice president of consumer products.

The new series is part of a production deal with the Duffers, who will also develop a live-action TV adaptation of Japanese manga and animé series Death Note, among other projects. — Reuters

Eala advances in single, double in W25 Corroios-Seixel Ladies Open

ALEX M. Eala kicked off her campaign for a third professional title bid on a high note with big wins in both the singles and doubles tilts to advance in the W25 Corroios-Seixal Ladies Open on Thursday in Portugal.

Ms. Eala, the Women’s Tennis Association (WTA) No. 337, hacked out a 6-3, 2-6, 6-2 victory over Spanish Eva Guerrero Alvarez, WTA. No. 372, in the singles Round of 32 while gaining a first-round walkover in the doubles play with partner Lizette Cabrera of Australia.

The 17-year-old Filipina ace was to play Australian Alexandra Bozovic, WTA No. 466, in the second round last night.

Also scheduled at press time was the crucial quarterfinal duel of Mses. Eala and Cabrera against the top-seeded duo of Lithuania’s Justina Mikulskyte and Hong Kong’s Hong Yi Cody Wong for a Final Four ticket.

The Filipina-Australian duo marched on to the next round right away with a walkover over Brazil’s Mariana Galvão Borges and Portugal’s Maria Beatriz Teixeira in the first round.

Ms. Eala is coming off a pair of foiled outings in W60 Madrid and W25 Palma del Rio in Spain last month with hopes of finally getting over the hump this time.

She last won a title in the W25 Chiang Rai in Thailand last April for her second trophy after ruling the W15 Manacor in Spain last year. — John Bryan Ulanday

Philippine Labor Force Situation

THE UNEMPLOYMENT RATE in the Philippines jumped to a three-month high in May while job quality deteriorated despite increased economic activity, data from the Philippine Statistics Authority (PSA) showed. Read the full story.

Philippine Labor Force Situation

Youth anger over Indian army hiring shakeup fuels jobs demands

NEW DELHI/BHOJPUR, India — Catching his breath after a set of push-ups, Indian teenager Neeraj Kumar said waking before dawn for a grueling military-style training session had become part of his routine — even as his dreams of an army career turn to dust.

Joining the military has long been seen as a route out of poverty in India, but a recruitment shakeup that aims to hire young troops on capped four-year contracts with less favorable terms has angered would-be recruits like Mr. Kumar — sparking mass protests in June.

“All I ever wanted in my life was to join the army because it is a dream of every Indian man to be able to serve our motherland, but the government snatched this from us,” Mr. Kumar, 18, told the Thomson Reuters Foundation in Bhojpur, a district in Bihar, one of India’s poorest states.

“After four years, we will be left unemployed and people will call us retired,” he said. For Indians from poor rural areas, the nation’s 1.38 million-strong armed forces is one of their few realistic options of securing permanent employment with a guaranteed pension and additional benefits.

A military job can also raise a young recruit’s social status, and that of his family, convincing many to pay for years of training to boost their chances of being accepted.

Mr. Kumar said his parents had mortgaged their small plot of land to help pay for the training, which included math lessons and fitness.

The violent protests in poor northern areas over the army plan, which promises to retain 25% of recruits beyond four years, followed unrest in January when protesters denounced alleged hiring flaws by the railways department — another major public sector employer.

Thousands of demonstrators attacked train coaches and clashed with police during the protests, which economic analysts said were a symptom of India’s rolling youth unemployment crisis.

“We are very far behind the curve and we sort of missed the bus a little … in terms of creating enough jobs for the youth coming into the labor force,” said Deepanshu Mohan, an associate professor of economics at O.P. Jindal Global University on the outskirts of the capital, New Delhi.

He said the protests over military and railway hirings stemmed from poor government communication, and the sudden loss of a potential socio-economic safety net that had plunged legions of low-income youth into an uncertain future.

The move to contractualize military jobs highlights a steady erosion of quality employment due to a broader shift towards ad hoc work contracts with little to no protections or benefits, he added. The Defense Ministry did not respond to repeated requests for comment.

Government jobs always attract huge numbers of candidates in India. Despite the outcry over the recruitment plan, the Indian Air Force received more than 200,000 applications within a week of opening registrations. A total of 46,000 troops will be selected in the military this year.

When Prime Minister Narendra Modi took office in 2014, he promised economic development that would create millions of jobs for the surging ranks of young, educated Indians. But national unemployment peaked at 23.5% in 2020 — at the height of COVID-19 lockdowns — and has stubbornly remained well above 7% since, according to data from the Mumbai-based Centre for Monitoring Indian Economy (CMIE), much higher than the global average.

In 2017, approximately 7% of those in the 15-19 age group were employed, slipping even further to only about 2% since 2020, CMIE data shows. Things are somewhat better for the 20-24 age group, where the employment rate stands at about 20%, according to a June 20 CMIE statement.

Without suitable jobs available, many out-of-work young Indians have simply given up the hunt, said Abhijit Mukhopadhyay, a senior fellow in the economy and growth program at the Observer Research Foundation (ORF) think-tank.

“If the economy is unable to create enough jobs for these people, these protests will keep happening periodically,” he said, adding that jobless youth were often targeted by “politically motivated people” who paid them to join demonstrations.

Critics of the military hiring shakeup fear the exit of three-quarters of young recruits after four years will only serve to swell the ranks of unemployed youth. The retired soldiers will receive a one-time payout and could be offered federal or state government jobs, including in the country’s various paramilitary forces or in the police.

Mr. Kumar said now that he had all-but abandoned his army ambitions, he hoped to join the state police force in either Bihar or neighboring West Bengal.

“I’ll be able to be in the service until the age of 60,” he said. “If I fail … I’ll go to my uncle’s place in West Bengal and help him with his dairy business.”

The military reform called Agnipath, or “path of fire,” aims to reduce the average age of lower-ranking personnel in the armed forces to about 24 from 32 at present.

Younger, fitter forces will be stationed on India’s hostile borders with nuclear-armed Pakistan and China, at a time of rising tensions, and the plan will trim pay and pension costs that consume more than half of India’s defense budget, analysts say.

But Varun Gandhi, an MP from Mr. Modi’s ruling party, argued that “rather than downsizing or simply avoiding the cost of pensions and benefits, one should right size the government” in a recent newspaper editorial.

He called on the government to fill more than 6 million vacant federal and state jobs. From the solar energy and electric vehicles markets to waste management, Mr. Gandhi pointed to the growing sectors in India as potential “green jobs” creators.

His suggestions came about two weeks after Mr. Modi announced his government would go “on a mission mode” to hire 1 million people for government jobs over the next year-and-a-half.

Such promises offer little hope to 22-year-old Ravi Ranjan Rai in Bihar, who had his heart set on an army job to lift his farming family out of poverty. He said he felt betrayed by the Agnipath military plan.

“I’m the only brother among three sisters and I have a lot of responsibilities on my shoulders,” said Mr. Rai. “We are willing to give our lives for the country and the government is literally shattering our dreams.” — Thomson Reuters Foundation

ACEMC – Tacloban to conduct annual stockholders’ meeting on July 25

Arts & Culture (07/08/22)

Ace Banzuelo’s “Muli”

Music video features ABS-CBN stars

ABS-CBN stars Francine Diaz and Seth Fedelin appear in the music video of Ace Banzuelo’s chart-topping electronic ballad “Muli,” which has been the most streamed OPM song on Spotify and Apple Music for more than a month now. It continues to make an impact on several music charts worldwide, reaching No. 1 on Apple Music Viral Hits — Philippines, No. 2 on Spotify Top 50 — Philippines and Spotify Viral 50 — Philippines, No. 3 on Apple Music Top 100: Philippines, and No. 6 on Spotify Viral 50 — Global. “Muli” has also landed on Spotify Viral 50 charts in four other territories: UAE, Singapore, Canada, and New Zealand.

GMA Network tops Facebook, TikTok

ON FACEBOOK, GMA Network is the top Philippine media organization with 22,126,213 likes as of June 2022. According to Sprout Social, for the first half of 2022, GMA Network’s Facebook page similarly leads in terms of Public Engagements by 72% against its closest media competitor. GMA Network also has 1.1 million followers on Tik Tok. Some of its top posts are from the daily showbiz news updates Kapuso Showbiz News and the #GMAPaNoticeChallenge, an acting challenge where fans can make their own versions of scenes from GMA shows with the best ones getting featured on the GMA Network account. GMA Network is @gmanetwork on Facebook, Twitter, Instagram, YouTube, and TikTok.

Kenneth Cobonpue in Smart Infinity documentary

FURNITURE designer Kenneth Cobonpue will headline the next episode of Smart Infinity’s Infinite Legacies documentary series on July 10, 7 p.m., on Cignal, Cignal Play, or Smart GigaPlay. Mr. Cobonpue will also speak about his advocacies at an Infinity Exclusives event happening on July 8 at the Interior Crafts of the Islands, Inc., in Cebu City. Replays are available on Smart’s GigaPlay App. For more details, follow Smart Infinity’s Instagram account @smartinfinity or visit smart.com.ph/infinity.

Alfamart on track to have 1,400 stores in Luzon

BW FILE PHOTO

ALFAMART, the minimart chain of SM Markets, aims to expand its stores to a total of 1,400 by the end of 2022 as it actively looks for sites in terminals and residential communities.

“Our dream for every Alfamart store is to help the local community through employment and also creating opportunities for the local MSMEs,” said Alfamart Chief Operating Officer Harvey T. Ong.

Alfamart has opened more than 500 new stores during the past two years since the pandemic started in 2020 as it kept its doors open and continued its expansion saying that the crisis has reinforced its role and responsibilities to the communities.

“As a result, we created income opportunities for the landlords that own space and contractors that build the stores. In this manner, Alfamart’s expansion has created over 4,000 jobs over the last two years,” Mr. Ong said.

Through partnerships with property owners, Alfamart hopes to open more Super Minimarts in communities across Luzon.

One of these property owners is Ms. Cecilia P. Ventura who was an overseas worker for two decades before deciding to come home and invest in a plot of land in Sta. Rita, Guiguinto, Bulacan that later turned into a successful venture with Alfamart.

Ms. Ventura said that “Alfamart continues to save the community time and fuel, especially at this time when oil prices are spiking, as customers could purchase what they needed close by.”

Alfamart is the minimart chain of SM Markets, the food retail brand of SM Retail, Inc.

SM Retail is one of the core businesses of SM Investments Corp., which serves as the holding company of the SM group with interests in retail, property, and banking.

On Thursday, SM Investments ended higher by P5 or 0.6% to P844 apiece. — Justine Irish DP. Tabile

IM chess match with cerebral palsy

SEAN Mervic Tiu and National Master Jojo Legaspi
SEAN Mervic Tiu and National Master Jojo Legaspi

ALL Sean Mervic Tiu, a 30-year-old who has cerebral palsy, wants in life is to continue play the game he loves — chess — and play some of the country’s top masters.

This weekend, Mr. Tiu will get his chance. Mr. Tiu will play five standard games against seasoned International Master (IM) Cris Ramayrat — two on Saturday and three on Sunday at the Sta. Rosa Barangay Hall in Pasig City.

National Master Jojo Legaspi has teamed up with Circa and Legacy Chess Clubs and the National Chess Federation of the Philippines (NCFP) to make Mr. Tiu’s dream come true.

Mr. Tiu actually made a good account of himself early this month when he scored three points out of a possible five in a FIDE-rated tournament the NCFP organized at the PACE in Quezon City.

And there is hope he could pull off a miracle or two against Mr. Ramayrat, who was once one of the country’s fastest players in his younger days.

“We just want to give Sean a chance in life through chess and also encourage all differently able players to express themselves through chess,” said Mr. Legaspi. — Joey Villar

Workers ignore call for annual medical exam

We have a low participation rate of 40% on average for our annual medical exam over the past three years. People tell us they’re too busy to leave their jobs as the exam takes about three hours to complete. Our chief executive officer (CEO) is worried that some employees may be taking illegal drugs. He’s also thinking of withholding the health benefits to those who are non-compliant, or even charge them with insubordination. What do you suggest? — Pearly Shell.

My top-of-the-mind diagnosis of your company’s low participation rate centers on how you manage the buildup to your annual medical exam. I suspect it is being treated as a routine event, with no creative flair and style injected into your announcements. That is my best guess for what is happening in your organization.

Many companies do the same thing over and over, with the result being low participation rates, which the human resource (HR) department does almost nothing to address.

Take diabetes as a common health issue. An organization can do something by using a simple practical approach. So, what’s my “simple practical approach”? I know of some companies allowing their workers to have an unlimited supply of rice for lunch in their cafeteria. 

Another organization gives unlimited coffee to their workers as part of their benefits. How does this contribute to health issues among the workers that may ultimately lead to absenteeism or prolonged absences? 

Of course, these examples are benevolent acts of management. However, the missing context is that these organizations issue regular medical bulletins to warn employees that they should take good care of their health by giving them reliable information from medical authorities. 

VALUE-ADDING INTERVENTIONS
You don’t have to spend big money to make your employees take the medical exam seriously. The answer to your predicament lies in value-adding interventions that would make the examination process easier, faster, interesting, and enjoyable. Here are some things I would recommend:

One, issue regular bulletins about health issues. Have a baseline of actual data collected by your medical service provider and use this to convince people to take the medical exam. If diabetes and high cholesterol levels are prominent in your workforce, educate your workers on how to avoid these conditions and actively monitoring their health.

Two, make it easy for the workers to participate in medical check-ups. If you have space, allow your service provider to bring its medical team and laboratory equipment to the workplace. Major clinics can bring their mobile x-ray units and other equipment inside the premises or even the car park area.

Three, require line leaders to encourage the workers to take the exam. The idea is to give employees no reason to delay taking the exam, not even busy workloads. Make the team leaders, supervisors and managers arrange a work schedule that would rule out workload as an excuse.

Four, make employees take the exam by birth month. Birthdays are a good occasion to plant the idea in the workers’ minds that they should take care of their health. Offer healthy snack treats as they await their turn if the exam is performed in the workplace. Invite pharma companies to distribute free samples of vitamins and donate prizes like coffee mugs or t-shirts for people celebrating birthdays.   

Five, offer a ‘wellness bonus’ for workers not taking sick leave. This “bonus” does not have to mean cash. Multi-vitamins or supplements are a possibility. Whatever “bonus” you may decide on, take into consideration the savings a company may realize from reduced premiums if the health plan is not used much.

Six, organize a ‘biggest loser’ contest. This recognizes workers who have adopted diet and exercise routines with prizes suited to your budget. The more attractive the prize is, the higher the medical exam participation rate will be. Such contests are also fun and foster camaraderie.

Last, get monthly feedback from those who have undergone the medical exam. You can always improve the management of the exam process by getting feedback. Imagine the data you can generate every month. While it’s true that you can’t act on all ideas, especially those involving additional costs, it’s important to hear that the workers care about their well-being.

LAST RESORT
Management can always wield an iron fist, especially when medical costs are rising every year. However, I would advise against issuing threats like withholding medical coverage or insubordination proceedings, which should be a last resort.

It can be extremely frustrating and emotionally draining to find yourself constantly confronted with employee complaints, even if you don’t have a labor union. Sometimes, complaints are unavoidable, but do something to minimize them.

The best approach is persuasion and making the medical exam attractive in some way.

 

Consult with Rey Elbo on Facebook, LinkedIn or Twitter or send your questions to elbonomics@gmail.com or via https://reyelbo.consulting

Deep purpose

THE first face-to-face meeting of the Filipina CEO Circle was hosted al fresco at the Manila Polo where John Clements CEO Carol Dominguez gave us a copy of the book Deep Purpose by Harvard Business School Professor Ranjay Gulati.  Carol was so intrigued by the book’s research that she bought 500 copies.

Purpose is defined as “the firm’s very reason for being.” Professor Gulati comments that instead of just simply pursuing a purpose, deep purpose leaders project it faithfully out into the world. Thus, in these leaders’ hands, purpose serves as an organizing principle that shapes decision-making and binds stakeholders to one another. He also talked about companies with a “convenient purpose,” or those with idealistic purpose statements yet may sell harmful products (junk food, weapons, etc.) and gave variations of it.

The book discusses several organizations Professor Gulati interviewed to “understand the secrets to their success.” He explores how leaders can pursue purpose more deeply:

• by navigating the inevitable trade-offs more deliberately and effectively to balance between short and long-term value;

• updating organizations to foster more autonomy and collaboration to allow employees to work more purposely;

• even using powerful storytelling to communicate and build a community of inspired stakeholders; and

• building cultures to allow employees to link the corporate purpose to their own personal reasons for being, among other things.

Carol co-organized the “Deep Purpose” session with DBS CEO Piyush Gupta. Carol said Mr. Gupta’s transformation of DBS serves as a model for how to be centered in deep purpose, get your employees highly engaged in executing that purpose, radically elevate your company’s contribution to the communities it serves, and, at the same time, achieve impressive financial results.

With a deep purpose to excel in serving customers and with an appreciation for the power of digital technologies to either threaten or catapult financial institutions, Mr. Gupta set about radically transforming DBS. He reorganized the bank to make it not just customer-centric but customer-obsessed, drove the bank to be digital to the core, created a culture of continual innovation, and turned banking on its head with a strategic focus on “Making Banking Joyful” and with the DBS tagline of “Bank Less, Live More.” DBS was named “world’s best bank” by Euromoney.

To further study “deep purpose,” John Clements organized a “Renewal and Rejuvenation” Conference in Colorado Springs last June. The sessions discussed several case studies (Ikea, Danone, JetBlue etc.) and their deep purpose and sustainability initiatives. Carol shares some of her key takeaways:

1. Some companies (Ikea) have made conscientious efforts to address sustainability issues. These efforts have included identifying the most significant ways in which their respective companies are having a negative impact on the environment and making concerted efforts to redress those situations.

2. Despite these concerted efforts to address sustainability issues, the net impact appears to be modest at best.

3. Deep purpose is a nice concept, but needs financial performance to go with it or could be fired from job (as Emmanuel Faber of Danone found out).

4. It is easier for companies to have deep purpose as their founding principle (ex. JetBlue and Whole Foods) than it is for long-established companies to overlay deep purpose on established enterprises (Danone).

5. You can be a great CEO with high purpose, energy, and intelligence, but need to communicate effectively with your board of directors ( David Neeleman of JetBlue ).

Mr. Gulati argues that a deeper engagement with purpose is important not only to the company’s wellbeing but also to  humanity’s future. He says that purpose can serve as a radically new operating system for the enterprise to enhance performance while benefiting society. It is indeed challenging to save the earth and generate profits, but profit without purpose is no longer  sustainable. Does your company have a deep purpose or a convenient purpose?

*****

The views expressed herein do not necessarily reflect the opinion of these institutions.

 

Ms. Flor G. Tarriela was the first chairwoman of the Philippine National Bank. She is a former undersecretary of Finance and the first Filipina vice-president of Citibank N.A.  She is a trustee of FINEX and an Institute of Corporate Directors fellow. A gardener and an environmentalist, she established Flor’s Garden in Antipolo, an ATI Accredited National Extension Service Provider and a DoT Accredited Agri Tourism Site.

Philippines’ factory picks up in May

MANUFACTURING ACTIVITY in the Philippines grew for a 14th straight month, buoyed by the further reopening of the economy as the number of coronavirus cases declined. Read the full story.

Philippines’ factory picks up in May

How PSEi member stocks performed — July 7, 2022

Here’s a quick glance at how PSEi stocks fared on Thursday, July 7, 2022.


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