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Love in the time of employment

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Management prerogative refers to every employer’s inherent right to regulate, according to his own discretion and judgment, all aspects of employment, including hiring, work assignments, working methods, the time, place, and manner of work, work supervision, transfer of employees, lay-off of workers, and discipline, dismissal, and recall of employees. The only limitations to the exercise of this prerogative are those imposed by labor laws and the principles of equity and substantial justice. (Peckson v. Robinsons Supermarket Corp., G.R. No. 198534, July 3, 2013)

However, does the principle of management prerogative authorize employers to incorporate in employment contracts or company policy a provision on stipulation against marriage?

STIPULATION AGAINST MARRIAGE INVOLVING WOMEN EMPLOYEES
Under Article 134 of the Labor Code, it is unlawful for an employer to require, as a condition for or continuation of employment, that a woman shall not get married or to stipulate expressly or tacitly, that upon getting married, a woman employee shall be deemed resigned or separated.

It is also unlawful to actually dismiss, discharge, discriminate or otherwise prejudice a woman employee merely by reason of marriage.

In one case, an airline company implemented a policy requiring its prospective flight attendants to be single and once married are automatically separated from service. The airline reasoned that the policy was fair and reasonable considering the peculiarities of the profession. It further contended that Article 134 applies only to women employed in ordinary occupations and not to extraordinary ones like flight attendants. The said policy was declared void for being violative of Article 134 of the Labor Code prohibiting discrimination against married women. Article 134 does not distinguish whether a woman is engaged in an ordinary or special occupation as the sweeping intent of the law is to promote non-discrimination on the employment of women. (Zialcita, et al. vs. Philippine Air Lines, Case No. RO4-3-3398-76, Feb. 20, 1977)

In another case, an employee was dismissed pursuant to the company’s policy of not accepting or of disqualifying any woman who contracts marriage. While the employee concealed her married status, and hence committed dishonesty, the Supreme Court declared the said policy as void in derogation of the provision stated in Article 134 of the Labor Code. It held that the policy was not only contrary to law, but also to good morals and public policy by depriving women of their freedom to choose their status which is considered as an inherent, intangible, and inalienable right. (Philippine Telegraph and Telephone Company v. NLRC, G.R. No. 118978, May 23, 1997)

STIPULATION AGAINST MARRIAGE AS A REASONABLE BUSINESS NECESSITY
The Labor Code speaks particularly of women in cases involving stipulation against marriage. However, jurisprudence is replete with cases with respect to stipulation against marriage regardless of sex which were imposed for a legitimate business concern in the exercise of management prerogative.

For instance, in one case, the company imposed a policy prohibiting: a.) the hiring of new applicants who are related to an employee of the same company up to the third degree of relationship; and b.) employees who developed a friendly relationship during the course of their employment from getting married unless one of them resigns.

For the policy to be considered valid, however, the employer must present undisputed proof of a reasonable business necessity. As the company failed to prove a legitimate business concern in imposing the questioned policy, the Supreme Court struck down the same and held that the implementation of the policy was an invalid exercise of management prerogative. (Star Paper Corp. v. Simbol, G.R. No. 164774, April 12, 2006)

In another case, the Supreme Court declared a pharmaceutical company’s policy prohibiting its employees from marrying employees of any competitor company as valid pursuant to the principle of reasonable business necessity. The said company policy was considered reasonable under the circumstances since personal or marital relationships might compromise and unduly affect the interest of the company. (Duncan Association of Detailman-PTGWO v. Glaxo Welcome Philippines, Inc., G.R. No. 162994, Sept. 17, 2004)

By adopting the said policy, an employer merely seeks to protect its economic interest, its reasonable returns on investments and to expansion and growth, including the protection of its trade secrets, marketing strategies, and other confidential programs and information from competitors.

The policy cannot be considered as a policy against marriage. Neither does the policy restrict an employee’s right from marrying anyone of his or her own choosing nor his or her personal prerogative. However, an employee’s personal decision does not prevent an employer from exercising management prerogative to ensure maximum profit and business success.

While it is true that the heart has reasons of its own which reason does not know (Chua-Qua v. Clave G.R. No. 49549, Aug. 30, 1990), the blossoming romance and union of employees may be barred in the employer’s exercise of management prerogative for as long as there exists a legitimate business concern.

This article is for informational and educational purposes only. It is not offered as and does not constitute legal advice or legal opinion.

 

Zyra G. Montefolca is an Associate of the Davao Branch of the Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALAW).

zgmontefolca@accralaw.com

Johnson’s UK virus gamble sparks fear, unease as cases grow

PEOPLE wearing protective face masks walk along a platform at King’s Cross Station, amid the coronavirus outbreak in London, Britain, July 12. — REUTERS

BORIS JOHNSON’s decision to ease remaining coronavirus restrictions in England is prompting growing fear and calls for caution, fueling worries that a surge in infections will strain hospitals and undermine Britain’s economic recovery.

Doctors are warning that the fresh toll of the pandemic will overburden an already beleaguered National Health Service (NHS) that’s struggling to clear a large backlog of other operations, while economists expect a dip in consumer confidence in the coming weeks due to the greater perceived threat to public safety.

With social distancing and the mandatory wearing of masks due to end on July 19, Mr. Johnson is pushing ahead with dropping virus measures even as a new wave of the pandemic takes hold. Daily hospital admissions are expected to hit 1,000-2,000 per day at a peak in August and there are expected to be as many as 200 daily deaths, according to modeling by the UK’s Scientific Advisory Group for Emergencies (SAGE).

Announcing the decision on Monday, Mr. Johnson urged caution, appealing to the public to wear masks in crowded indoor spaces and on buses and trains. He said that while the general instruction to work from home would end, “we don’t expect that the whole country will return to their desks as one from Monday.” He added that businesses should plan for a “gradual return to work over the summer.”

The question is whether Mr. Johnson’s move is too much of a gamble: Though the nation’s vaccination roll out has significantly weakened the connection between rising virus cases and hospitalizations and deaths, a resurgent pandemic would mean greater pressure on the NHS and added uncertainty for businesses.

Doctors’ Association UK (DAUK), a non-profit organization, said an increase in coronavirus cases would be a “disaster” for hospitals because the NHS is already facing an unprecedented workload, with many staff self-isolating. A surge in cases will mean more disruptions to services and delays to routine treatments, DAUK said.

“The unfolding disaster which awaits us in autumn and winter is the biggest public health experiment ever seen,” said Elizabeth Toberty, a general practitioner and spokesperson for DAUK. “The government’s strategy for opening up is completely lacking in logic and stands to put both patients and public services at risk.”

A survey of 2,500 doctors by the British Medical Association found that 90% wanted masks to continue to be mandatory on public transport, and 78% wanted them to continue to be worn in shops.

Not making masks mandatory will “see a sustained and even steeper rise in infection rates across the summer,” said Chaand Nagpaul, BMA council chair. Johnson’s easing of restrictions will “mean more patients on waiting lists will suffer and wait longer for treatment,” he said.

ECONOMIC HEADWINDS
A growth in coronavirus cases is also likely to carry an economic cost. While households have begun to spend savings accumulated during lockdowns, consumer confidence is due to take a hit in the near-term as infections rise, said Suren Thiru, head of economics at the British Chambers of Commerce. “That can be quite a drag on the recovery,” Thiru said. “There’s no doubt headwinds to the economy have increased.”

Defending the decision on Monday, England’s Chief Medical Officer Chris Whitty said an “exit wave” of infections was inevitable, but delaying lifting the restrictions would not make much difference to case levels. Mr. Johnson said July 19 was “as good a time as any” to ease the rules.

News of restrictions ending was welcomed by England’s hospitality sector, which has had to operate at reduced capacity and with some venues closed due to virus measures. As part of the easing, nightclubs and other venues hosting large crowds should ask customers to show the NHS “Covid pass” as proof of vaccination, a recent negative test or natural immunity, as a “matter of social responsibility,” Mr. Johnson said.

However, activity is likely to remain subdued due to fragile confidence among customers, said Kate Nicholls, chief executive officer of UK Hospitality, a lobby group.

“It’s clear we’re not out of the woods yet,” she said. “We don’t really know how quickly demand will bounce back.”— Bloomberg

Japan warns of crisis over Taiwan, growing risks from US-China rivalry

XANDREASWORK-UNSPLASH

TOKYO — Growing military tensions around Taiwan as well as economic and technological rivalry between China and the United States threaten peace and stability in East Asia as the regional power balance shifts in Beijing’s favor, Japan said in its annual defense white paper.

“It is necessary that we pay close attention to the situation with a sense of crisis more than ever,” the paper said in a new section on Taiwan. “In particular, competition in technological fields is likely to become even more intense,” it said about the US-China tussle.

The defense review, which was approved by Prime Minister Yoshihide Suga’s government on Tuesday, points to China as Japan’s main national security concern. Beijing’s recent uptick in military activity around Taiwan has Tokyo worried since the island lies close to the Okinawa chain at the western end of the Japanese archipelago. Chinese President Xi Jinping this month pledged to complete the “reunification” with Taiwan and in June criticized the United States as a “risk creator” after it sent a warship through the Taiwan Straits separating the island from the mainland.

Japan’s deputy prime minister and finance minister, Taro Aso, this month in a speech reported by Japanese media said Japan should join forces with the United States to defend Taiwan from any invasion. Mr. Aso later said any contingency over Taiwan should be resolved through dialogue when asked about the remarks, which drew a rebuke from Beijing.

As the military rivalry between the United States and China deepens, their economic competition is fueling a race to take the lead in key technologies, such as semiconductors, artificial intelligence and quantum computing.

The emergence of the rival technology camps poses a challenge for Japan because its economy relies as much on business ties with China as it does with the United States. Japan will also have to spend heavily to keep up with government funding for technology development in the United States, China and Europe.

US Senate lawmakers recently passed the Innovation and Competition Act of 2021, which authorizes $190 billion spending on technology including $54 billion to increase chip production. House of Representative lawmakers are debating a separate proposal that also promises generous funding, the “Ensuring American Global Leadership and Engagement Act,” or EAGLE Act.

The Japanese annual security review for the first time also includes a section on threats posed by climate change, which it says will increase competition for land and resources, and may trigger mass movement of climate refugees. An increase in disasters linked to global warming could also stretch military capabilities, it adds, while Arctic Sea ice melting could lead to the militarization of northern waters. — Reuters

British police seize $408 M worth of cryptocurrency

LONDON — British police have seized record hauls of cryptocurrency totaling 294 million pounds ($408 million) as part of an investigation into money laundering after organized crime groups moved into cryptocurrencies to wash their dirty money.

London police said on Tuesday they had seized 180 million pounds of an undisclosed cryptocurrency less than three weeks after making a 114-million-pound haul on June 24 as part of a money laundering investigation.

“While cash still remains king in the criminal word, as digital platforms develop, we’re increasingly seeing organized criminals using cryptocurrency to launder their dirty money,” said Metropolitan Police Deputy Assistant Commissioner Graham McNulty.

A 39-year-old woman was arrested on suspicion of money laundering after the first haul was discovered and has been interviewed under caution over the 180-million-pound discovery.

“Today’s seizure is another significant landmark in this investigation which will continue for months to come as we hone in on those at the center of this suspected money laundering operation,” said Detective Constable Joe Ryan.

As cryptocurrencies are largely anonymous, convenient and global in nature, some of the world’s biggest criminal groups have bet big on them as a way to launder money and stay one step ahead of the police, tax and security forces. — Reuters

More than 900,000 people in France rush for COVID vaccine as tougher measures near

REUTERS

PARIS — More than 900,000 people in France rushed to set up appointments to get vaccinated on Monday night after the president warned that people would see curbs imposed on them if they did not have a health pass that covered a vaccine or negative COVID test.

Unveiling sweeping measures to combat a surge in infections, Emmanuel Macron said vaccination would not be compulsory for the general public for now but stressed that restrictions would focus on those who are not vaccinated.

The president said health workers had to get vaccinated by Sept. 15 or face consequences.

Stanislas Niox-Chateau, who heads Doctolib, one of the country’s biggest online websites used to book vaccine appointments, told RMC radio there were record numbers seeking vaccines after the president’s announcement.

“There were 7.5 million connections on Doctolib in a few minutes. More than 900,000 French people made their vaccination appointment yesterday, which is twice the last record which dated from May 11,” Mr. Niox-Chateau said.

Mr. Macron said on Monday that a health pass required to attend large-scale events would now be used much more widely, including to enter restaurants, cinemas and theatres.

It will also be required to board long-distance trains and planes from the beginning of August, giving a further incentive for people to get the shot as the summer holiday season kicks in.

A slowdown in vaccination rates and a sharp upturn in new infections due to the highly contagious, now dominant, Delta variant, have forced the government to rethink its strategy. — Reuters

China’s export growth quickens as global vaccinations, easing lockdowns lift demand

BEIJING – China’s exports grew much faster than expected in June, as solid global demand led by easing lockdown measures and vaccination drives worldwide eclipsed virus outbreaks and port delays.

But overall trade growth in the world’s second-biggest economy may slow in the second half of 2021, a customs official warned on Tuesday, partly reflecting the COVID-19 pandemic uncertainties as the Delta virus variant wreaks havoc in some countries.

Overall imports also beat expectations, though the pace of gains eased from May, with the values boosted by high raw material prices, customs data showed.

Thanks to Beijing’s efforts in largely containing the pandemic earlier than its trading partners, the world’s biggest exporter has managed a solid economic revival from the coronavirus-induced slump in the first few months of 2020.

Exports in dollar terms rose 32.2% in June from a year earlier, compared with 27.9% growth in May. The analysts polled by Reuters had forecasted a 23.1% increase.

“Exports surprised on the upside in June, shrugging off the impact of the temporary Shenzhen port closure and other supply chain bottlenecks,” said Louis Kuijs, head of Asia economics at Oxford Economics.

“The headline US$ numbers suggest that in real, sequential terms shipments held up in June, after having moderated earlier on from the record levels of end-2020.”

China’s trade performance has seen some pressure in recent months, mainly due to a global semiconductor shortage, logistics bottlenecks, and higher raw material and freight costs.

All the same, the global easings in COVID-19 lockdown measures and vaccination drives appeared to underpin a strong uptick in worldwide demand for Chinese goods.

Germany, for example, which was at first sluggish in its vaccination drive, said this month it had caught up with the United States in terms of the proportion of the population having had one shot of COVID-19 vaccine. Close to half of Americans are now fully vaccinated, while elsewhere in Europe the rate has also increased recently.

China’s strong shipment numbers last month underlined some solid factory surveys overseas. A measure of U.S. factory activity climbed to a record high in June, while Euro zone business growth accelerated at its fastest pace in 15 years.

The data also showed imports increased 36.7% year-on-year last month, beating a 30.0% forecast but slowing from a 51.1% gain in May, which was the highest growth rate in a decade.

China’s crude oil imports in the first half fell 3% in their first contraction for the period since 2013, as an import quota shortage and rising global prices curbed buying, but imports of soybeans, natural gas and iron ore rose.

Asian stock markets, partly buffeted over recent weeks by concerns over the spreading Delta virus variant and easing growth rates in China, extended their gains after the trade data and were headed for the best session in more than two weeks.

China’s yuan also rose to a near one-week high against the dollar as the data tempered worries over softening GDP growth. On Friday, the People’s Bank of China said it would cut the amount of cash that banks must hold as reserves to support the economy, especially as smaller firms were unable to pass on rising raw material costs.

 

PANDEMIC UNCERTAINTIES

China’s customs administration spokesperson Li Kuiwen said imported inflation risks were manageable, but cautioned that the country’s overall trade still faces uncertainties due to the global pandemic.

Li, speaking at a news conference in Beijing earlier in the day, said trade growth may slow in the second half of 2021, mainly reflecting the statistical impact of the high growth rate.

“But overall we think China’s foreign trade in the second half still has hopes of achieving relatively fast growth,” he said.

China posted a trade surplus of $51.53 billion for last month, compared with the poll’s forecast for a $44.2 billion surplus and the $45.54 billion surplus in May.

Asia’s economic powerhouse has contained a sporadic coronavirus outbreak in one of its major export hubs in southern Guangdong province last month. However, exporters are grappling with higher raw material and freight costs and logistics bottlenecks.

Prices for commodities such as coal, steel, iron ore and copper have surged this year, fuelled by easing pandemic lockdowns in many countries and ample global liquidity.

“The pandemic-induced surge in retail sales in advanced economies has started to reverse recently as consumption patterns begin to normalise amid reopening,” said Julian Evans-Pritchard, senior China economist at Capital Economics.

“Once retailers in these countries have rebuilt their inventories, softer consumer demand will feed through into weaker foreign demand for Chinese exports.”

China’s trade surplus with the United States swelled to $32.58 billion in June, Reuters calculations based on customs data showed, up from the May figure of $31.78 billion.

Top officials from China and the United States started exchanges in June to address mutual concerns, while the Biden administration is conducting a review of trade policy between the world’s two biggest economies, ahead of the expiry of their Phase 1 deal at the end of 2021. – Reuters

FAA says new Boeing production problem found in undelivered 787 Dreamliners

Cropped screenshot from: http://www.boeing.com/commercial/787/

WASHINGTON/SEATTLE – The Federal Aviation Administration (FAA) said late on Monday that some undelivered Boeing 787 Dreamliners have a new manufacturing quality issue that the largest U.S. planemaker will fix before the planes will be delivered.

The FAA said the issue is “near the nose on certain 787 Dreamliners in the company’s inventory of undelivered airplanes. This issue was discovered as part of the ongoing system-wide inspection of Boeing’s 787 shimming processes required by the FAA.”

The FAA added that “although the issue poses no immediate threat to flight safety, Boeing has committed to fix these airplanes before resuming deliveries.” The air regulators added after a review of data it “will determine whether similar modifications should be made on 787s already in commercial service.”

Boeing declined to comment. Reuters first reported the new production issue to hit Boeing’s troubled 787 Dreamliner. The company has about 100 undelivered 787s in inventory.

Boeing suspended deliveries of the 787 in late May after the FAA raised concerns about its proposed inspection method, saying it was “waiting for additional data from Boeing before determining whether the company’s solution meets safety regulations.”

The FAA in May had issued two airworthiness directives to address production issues for in-service airplanes.

The U.S. planemaker’s 737 MAX and 787 have been afflicted by electrical and other issues since late last year, and it had only resumed deliveries of the 787s in March after a five-month hiatus – only to halt them again in May.

Two key U.S. lawmakers said in May they were seeking records from Boeing and the FAA on production issues involving the 737 MAX and 787 Dreamliner.

The FAA said in September it was investigating manufacturing flaws involving some 787 Dreamliners. Boeing said in August airlines operating its 787 Dreamliners removed eight jets from service as a result of two distinct manufacturing issues.

In September, Boeing said some 787 airplanes had shims that were not the proper size, and some airplanes had areas that did not meet skin-flatness specifications.

Last month at a conference, Boeing Chief Executive Dave Calhoun said the 787s were “performing beautifully.”

But he added “the FAA rightfully wants to know more about the analytics and process controls that we put in place, which are different than the ones that we had previously, so that we could be more perfect.”

Calhoun said he hoped the FAA’s review of Boeing’s approach was “measured in months and not longer than the calendar year.”

In February, Reuters reported Boeing was beginning painstaking repairs and forensic inspections to fix structural integrity flaws embedded deep inside at least 88 parked 787s.

The fuel-efficient 787 has been a hit with airlines, which have ordered nearly 1,900 of the advanced twin-aisle jet worth nearly $150 billion at list prices.

The FAA has been critical of some Boeing safety practices in recent years and imposed a $6.6 million fine on Boeing in February for failing to comply with a 2015 safety agreement.

The agency did not allow the Boeing 737 MAX to resume flights for nearly 20 months following two fatal crashes and only after it added significant safeguards to a key system.

Last month, Reuters reported the FAA told Boeing in May its planned 777X was not yet ready for a significant certification step and warned it “realistically” will not certify the airplane until mid- to late 2023. – Reuters

U.S. lawmakers ask for meeting on WTO waiver with Merkel during Washington visit

WASHINGTON – Nine Democratic U.S. lawmakers on Monday urged Germany to drop its “blockade” of a COVID-19 related waiver of intellectual property rights under global trade rules, and asked Chancellor Angela Merkel to meet with them during her visit to Washington.

Representative Jan Schakowsky, part of the Democratic leadership in the House of Representatives; Representative Earl Blumenauer, who leads the trade subcommittee of the House Ways and Means Committee; and the other lawmakers said they were troubled that Germany was leading EU opposition to a proposed waiver being discussed at the World Trade Organization.

“The United States and almost every other WTO member seeks to enact a COVID emergency temporary TRIPS waiver as quickly as possible,” they wrote in a letter to German Ambassador Emily Haber, adding that production of COVID-19 vaccines must be increased to save millions of lives.

“Thanks to IP barriers, it is the U.S. and German firms that have the only approved COVID-19 mRNA vaccines that hold the monopoly power to decide if this scale-up will occur,” they wrote.

The German embassy had no immediate comment.

Biden administration officials say the waiver will help boost global production of coronavirus vaccines. German officials and pharmaceutical companies have argued that companies invested their own funds to develop vaccines and that waiving their IP rights would undermine such work in the future.

Merkel will meet with President Joe Biden at the White House on Thursday for a wide-ranging discussion that will touch on the global response to the pandemic and the proposed waiver of IP rights, a senior administration official said on Monday.

White House press secretary Jen Psaki on Friday said that the president was a “strong proponent” of the waiver, but that it was just one of several tools that could be used to boost COVID-19 vaccination rates around the world.

Supporters of the waiver plan various protests during Merkel’s visit to Washington, including a “die-in” near the White House and a giant Merkel puppet on Thursday, organizers said. – Reuters

Biden administration asks courts to dismiss government appeals of TikTok ruling

WASHINGTON – The Biden administration on Monday asked two federal appeals courts to dismiss the Justice Department’s legal challenges to court rulings that barred a Trump-era effort to ban new downloads of Chinese-owned video-sharing app TikTok.

Last month, President Joe Biden withdrew a series of executive orders issued by former President Donald Trump that sought to ban new downloads of WeChat, TikTok and other Chinese apps and ordered a new review.

The Commerce Department on June 22 formally withdrew a list of prohibited transactions with ByteDance-owned TikTok and Tencent-owned WeChat issued in September that sought to bar downloads of the apps.

The Justice Department said Monday that the government’s legal challenges were now moot. It asked the U.S. Court of Appeals for the District of Columbia and the Third Circuit to dismiss its appeals.

Separately, the Justice Department said in a filing with the Ninth Circuit Court of Appeals that it had not decided how to proceed in its appeal of a lower court ruling blocking restrictions on WeChat that the Trump administration had sought to put in place.

The government said it was in talks with lawyers for the WeChat users who had filed suit “about appropriate next steps in this appeal.” The government plans to inform the court about its decision by July 26.

During Donald Trump’s presidency, the Commerce Department had also sought to bar other transactions that would have effectively banned WeChat’s use in the United States and later sought similar restrictions that would have barred TikTok’s use. Courts blocked all those restrictions from taking effect.

The Biden order directed the Commerce Department to monitor software applications like TikTok that could affect U.S. national security, as well as to make recommendations within 120 days to protect U.S. data acquired or accessible by companies controlled by foreign adversaries.

Commerce Secretary Gina Raimondo told Reuters in a June 28 interview that the department was “just getting started” with its review that will include an “evidence-based” analysis.

“The whole point of the executive order is to take really strong steps to protect Americans’ data from collection and utilization by foreign adversaries,” Raimondo said.

Biden’s executive order also revoked another Trump order signed in January that targeted eight other communications and financial technology software applications.

That Trump order directed officials to ban transactions with eight Chinese apps, including Ant Group’s Alipay and Tencent’s QQ Wallet and WeChat pay. No bans were issued.

A separate U.S. national security review of TikTok, launched in late 2019, remains active. – Reuters

Call of duty: 1,500 COVID-19 medical frontliners receive essential care packages from Globe

With pocket and Home Prepaid WiFi, TMC frontliners won't need to do rounds just to get better connectivity.

Globe and its partners have provided connectivity support to medical frontliners who risk their lives to tend to the needs of those affected by the COVID-19 pandemic. UP-Philippine General Hospital (PGH), National Children’s Hospital (NCH), and Tondo Medical Center (TMC) received essential support packages composed of WiFi kits, entertainment sets, grocery, medical supplies, insurance vouchers, and cash support.

“As the country further adjusts with the ongoing vaccination drives and the steady recovery of various industries and businesses, we would like to extend our utmost gratitude to the frontliners who have been at the COVID-19 line of fire since day one,” said Ernest Cu, Globe President, and CEO.

Each hospital received 50 Globe MyFi devices (with a free 9 GB data allocation valid for 7 days) for its medical frontliners, as well as funds raised through Globe Rewards and GCash. Likewise, smart TVs with Globe Home Prepaid WiFi (HPWs) loaded with 10 GB data valid for 7 days were installed in COVID-19, cancer wards, and other patient areas such as the Emergency Room and Out-Patient Department.

Globe Business customers have also contributed to this worthy advocacy by providing gift packs to the medical frontliners. Generika, an AC Health company and the pioneer in retail generic medicines in the Philippines, provided 500 immunity booster packages of Actimed Ascorbic Acid (Vitamin C), Actimed Paracetamol, and Actimed throat lozenges for PGH frontliners.

PGH receives connectivity care packages from Globe for their medical frontliners.

“We at Generika recognize and appreciate the valiant efforts of our frontliners in their continuous service at the forefront of our battle against this pandemic. As we find ways to continue to provide Filipinos access to quality affordable medicines in these challenging times, we are honored to be part of this effort to provide them added care and protection,” said Atty. Yet Abarca, President, and CEO, Generika Drugstore.

Century Pacific Food Inc., one of the leading branded food companies in the Philippines, shared 500 healthy and nutrient-rich food packages consisting of Century Tuna and Birch Tree Fortified milk for NCH staff and patients.

NCH medical frontliners were given connectivity tools to help them in their call of duty.

“It has been more than a year, yet our frontliners’ commitment and dedication to saving lives remain strong and steadfast.” We stand by our frontliners who have been on the ground since day one,” said Greg Banzon, Century Pacific Food Inc.’s  Chief Operating Officer.

PureGo, an online grocery shopping platform and one of Metro Manila’s rising grocery delivery services, provided 500 PureGo discount vouchers worth P200 to Tondo Medical Center employees, which they can use to purchase for their daily grocery needs.

“We at PureGo look up to our frontliners in the middle of this pandemic. As we continue to serve more Filipinos with a convenient and affordable grocery shopping experience, it has been our priority to show our gratitude to our modern-day heroes the best way we can,” said Glenn Estrella, PureGo Entrepreneur-in-Residence.

GCash likewise provided GInsure packages with Covid and Dengue coverage for 3 months for 500 frontliners of TMC.

PGH is the country’s biggest COVID-19 referral hospital, with 250 dedicated beds for COVID-19. Globe is a strong supporter of PGH, contributing to the rehabilitation of its Hematology-Oncology clinic back in 2016. Globe also amplified fundraising activities to help displaced patients when PGH was hit by a fire last May.

When the pandemic started, Globe supported PGH Medical Foundation Inc. and nine (9) other hospital beneficiaries through Globe Rewards by raising P41M through the help of its customers. Fundraising for PGH has continued to date. Globe Rewards provided a digital avenue for concerned Filipinos to quickly donate funds to these hospitals. PGH alone has received over P22 million worth of essential COVID and pediatric cancer supplies since 2020.

“Even as we sleep, Globe Rewards continue to pour in. Every time I check with the [PGH] foundation, may pera pa. We have the opportunity now to put the attention on the most important resource of our hospital, which is our human resource,” said PGH Medical Director, Dr. Gerardo Legaspi.

PGH Medical Foundation, Inc. President, Dr. Telesforo Gana, Jr. said, “Bago pa ang COVID, tumutulong nasa PGH ito [Globe]. Ngayong dumating ang COVID, ang laking tuwa namin na panay pa rin ang suporta ng Globe at Ayala Group. Maraming salamat sa Ayala Group especially sa Globe.”

NCH accommodates COVID patients 19 years old and below. It was one of the “high-risk” hospitals in terms of occupancy levels in March 2021.

“We’d like to extend our thanks to Globe and of course #BrigadangAyala and other corporations for your continuous and boundless support to us government hospitals because what you’re really doing is a big help in uplifting the morale of our frontliners,” said Dr. Moriel DJ. Creencia, NCH Medical Center Chief II.

In the same period, TMC also reached full capacity in its COVID-19 wards but continued to accept patients by utilizing tents in its premises.

“Thank you very much for these donations. These donations will help a lot, not only the hospital but our frontliners also. Very timely itong donation naito. ‘Yung emergency room po namin na non-COVID, hirap po ang WiFi doon. Tuwang-tuwa ang mga frontliners noong ibinigay namin ‘yung binigay sa amin ng Globe na pocket WiFi, kasi at least hindi na sila naghahanap ng connectivity kapag nag re-refer sila sa doctors,” said Dr. Maria Isabella Estrella, TMC Medical Center Chief II.

Globe has been accelerating the connectivity of the Philippine health care system through the deployment of free WiFi access in 124 hospitals across the country through #GoWiFi. Globe’s affiliate KonsultaMD was tapped by the Department of Health at the onset of the pandemic to provide free telehealth services to the public so that hospitals and clinics can focus on COVID-19 patients and others with critical medical needs.

“Globe endeavors to always be a step ahead not only through our rigorous network improvements but also in providing care through connectivity and essential support across industries we are involved in. After all, it is the nation benefitting from these initiatives,” Cu said.

These efforts are part of #BrigadangAyala, the Ayala Group’s integrated response to its almost two-century-old commitment to national development by doing various social development and corporate social responsibility initiatives—ranging from disaster relief and response, assistance for public education, championing of social enterprises, and public health advocacy, among others.

The company strongly supports the 10 United Nations Sustainable Development Goals (UN SDG), particularly UN SDG No. 3, which ensures healthy lives and promotes the well-being of all ages, and UN SDG No. 9, which highlights the roles of infrastructure and innovation as crucial drivers of economic growth and development. Globe is committed to upholding the United Nations Global Compact principles.

To learn more about the Globe of Good, visit https://www.globe.com.ph/about-us/sustainability.html.

 

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Philippine peso, shares slump as Fitch cuts rating outlook

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The Philippine peso declined along with local shares after Fitch Ratings revised its outlook on the sovereign to negative from stable, reflecting rising risks from the pandemic on the nation’s economy.

The peso dropped as much as 0.4% to 50.30 per dollar, its weakest since June 2020. The Philippine Stock Exchange Index slid 1.2%, while the spread on Philippines’ 2032 dollar bond over Treasuries rose about five basis points to 75.1 basis points.

“We’re seeing a knee-jerk reaction in the market, and investors will look closely at upcoming economic data, corporate earnings in the near term to inspire sentiment,” said Jonathan Ravelas, chief market strategist at BDO Unibank Inc. in Manila. “It’s the writing on the wall that we have to do better.”

“Fitch believes there are downside risks to medium-term growth prospects as a result of potential scarring effects, and possible challenges associated with unwinding the exceptional policy response to the health crisis and restoring sound public finances as the pandemic recedes,” the rating company said after markets closed on Monday. It affirmed the sovereign’s credit rating at at BBB.

The Philippines has struggled to get a handle on the pandemic since it began almost a year and a half ago. Severe, though ineffective, movement restrictions and a fragmented healthcare system, have hammered the consumption-driven economy while failing to contain the virus.

The central bank, which pledged at its June meeting to keep monetary policy loose “as long as necessary,” has said it doesn’t see gross domestic product returning to pre-crisis levels until the third quarter of next year. The World Bank last month cut its GDP outlook for this year to 4.7%, from 5.5%.

Other Southeast Asian nations are also facing the fallout from the pandemic. Thailand risks fueling its decade-high unemployment rate with the imposition of lockdown-like measures to contain the deadliest COVID outbreak to hit the nation while authorities in Vietnam ordered more anti-virus measures across the country’s southern region which spurred a selloff in local stocks on Monday. — Bloomberg

Hitting the ‘Reset’ button toward a brighter, greener future

According to the World Economic Forum 2020, renewable energy can help boost the economy by creating jobs, ensuring energy security, and strengthening resilience.

The COVID-19 pandemic has reminded everyone that reliable and uninterrupted energy supply is critical to managing the crisis. For Meralco, this means that there can be no return to a business-as-usual mindset.

“In order for us to bounce back, we simply cannot afford to return to business as usual and continue to pursue a high carbon, unsustainable growth template. Rather, a global recovery measure should target a green and resilient future,” said Ferdinand O. Geluz, Meralco First Vice President and Chief Commercial Officer.

Last year, Meralco pledged to source 1,500 megawatts of its power requirements for the next five years from renewable energy sources. It also committed to building renewable sources through the most advanced and cleanest technologies, one of which is BulacanSol. The 50-megawatt power plant, located in San Miguel, Bulacan, aims to provide clean and renewable energy to the Luzon grid.

In an effort to promote the reduction of greenhouse gases by using less diesel and gas, the energy distributor commissioned 121 electric vehicles—59 of which are already in use—and set up charging facilities for these.

Come October, Meralco will be using natural ester oil, which is 99% recyclable and biodegradable, in its distribution transformers.

Meralco is not alone in its quest for a more sustainable future.

The way forward for businesses, said Regis Partners Inc. chief strategist and co-head of research Rafael Garchitorena, is to focus on ESG (Environmental, Social, and Corporate Governance), with the underpinning philosophy of doing well by doing good.

“Sustainable investment funds exceeded $1 trillion in 2020. People are putting their money where their mouth is—investing in sustainable technology, including on the power generation side,” he said.

According to the World Economic Forum 2020, recovery plans are also opportunities to align energy policies with the goal of achieving access to affordable, reliable, sustainable, and modern energy for all.

“As nations press the ‘reset’ button, they need to make the right choice and direct investments toward a green and healthy recovery, which is the best insurance against future disasters. Renewable energy can revitalize the economy by creating ‘green’ jobs, ensuring energy security and strengthening resilience,” the WEF said during its Sustainable Development Impact Summit in September last year.

“Meralco also provides counsel to our customers to guide them in making informed energy-related decisions that may change the way we conduct our businesses and our lives, especially in this new normal,” added Geluz.

City of Dreams Manila partnered with Spectrum, a wholly-owned subsidiary of Meralco focused on renewable energy, for a P76-million 1.2-megawatt solar project launched in January 2020. The initiative is part of the luxury integrated casino resort’s move toward fully sustainable operations.

Aside from Spectrum, Meralco’s subsidiaries have been on the path toward cleaner and greener energy:

• Meralco PowerGen Corporation (MGen) is looking into setting up liquefied natural gas (LNG) facilities. They’re currently considering sites in Quezon, Batangas, and the Zambales-Bataan area.

• MServ has been helping LGUs that want to convert their old street lights into smart LED lamp posts that offer brighter illumination, lower energy needs, and reduced light pollution. The smart LED street lamps can also be connected to a dashboard to monitor consumption and outages real time.

While the pandemic remains the “heaviest burden” that businesses have had to face, Geluz said that both public and private sectors must stand united in fighting the invisible enemy that is COVID-19, while ensuring that the country is able to weather a possible subdued and prolonged economic recovery, with an eye on sustainability.

“Amid the uncertainty, companies must now consider how the pandemic is impacting recovery strategies. Now, more than ever, we must continue to engage, unite, and stand by each other and collaborate because it is only through working together in a synchronized manner toward a common goal that we will overcome these hurdles at hand,” Geluz said.

To learn more on Meralco partnerships, call 16210 or email us at corporatepartners@meralco.com.ph. Join Meralco Corporate Partners on Viber.

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