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Miley Cyrus can use name as trademark in Europe after long-running row

MILEY CYRUS — FACEBOOK.COM/MILEYCYRUS
MILEY CYRUS — FACEBOOK.COM/MILEYCYRUS

BRUSSELS —  US pop star Miley Cyrus has won the right to use her name as a trademark on a wide range of products in the European Union, after Europe’s top court on Wednesday annulled a decision by the EU patent office to limit the scope of her brand.

The case dates to 2014 when the 28-year-old “Wrecking Ball” singer’s company, Smiley Miley, Inc., sought to trade mark MILEY CYRUS with the EU Intellectual Property Office (EUIPO) for audio and video discs, mobile phone cases, e-books, electronic board games, calendars and other goods.

British Virgin Island-based Cyrus Trademarks Ltd., which had registered the mark CYRUS in 2010, however opposed the application for some of the products.

EUIPO backed part of its argument, citing the likelihood of confusion between the two trademarks. Smiley Miley appealed but failed to convince the patent office last year and subsequently took its case to the Luxembourg-based EU Court of Justice (CJEU).

The Court overruled EUIPO’s decision, dismissing its arguments that the brands could be confused and that the name Miley Cyrus had no conceptual meaning.

“The mark applied for, MILEY CYRUS, has a clear and specific semantic content for the relevant public given that it refers to a public figure of international reputation, known by most well-informed, reasonably observant and circumspect persons…,” the CJEU said. —  Reuters

Vivant allots P5 billion for power projects until 2023

By Angelica Y. Yang, Reporter

VIVANT Corp. said on Thursday that it is allocating P5 billion in capital expenditures (capex) to finance its power projects until 2023, as the listed energy company detailed its plans to focus on renewable energy (RE).

“We’re allocating P5 billion in capex… for all power projects over the next three years so that’s until 2023,” Vivant Senior Vice-President for Power Emil Andre M. Garcia said during a press briefing on Thursday when the company held its annual stockholders meeting.

“We’re looking at all the types of generation for that,” he said.

However, he added that a “large” portion of the budget is dedicated to RE undertakings.

Mr. Garcia said that Vivant is allotting around P3 billion for power projects this year.

During the briefing, the official of the Cebu-based firm also detailed plans to focus on the solar rooftop sector.

“On the solar rooftop side, we’ll be ending the year with around 10 to 11 megawatts (MW) of installed capacity, and we have in the pipeline another 13 MW… Right now, we’re funding everything via equity so roughly its around $600[,000] to $800,000 per MW of the total project cost,” Mr. Garcia said.

Shem Jose W. Garcia, Vivant’s assistant vice-president for corporate communications and business development innovation, said the firm is planning to ramp up on RE projects in the coming years.

“What we have in the pipeline — we should be able to hit (or) increase our RE portfolio by 100 MW by 2023,” he said.

Vivant is hoping to add more renewables in its portfolio mix, which is currently made up of “95% conventional” power sources.

Vivant previously said its net income attributable to its parent firm decreased by 38% to P1.4 billion for the full-year 2020, as revenues declined.

Vivant shares at the local bourse shed 2.6% or 40 centavos to finish at P15 apiece on Thursday.

Harry Potter, Friends may fall victim to Hungary’s anti-LGBT law —  broadcaster

MERCEDES MEHLING/UNSPLASH

BUDAPEST — The largest broadcasters in Hungary criticized a new law banning the “display and promotion of homosexuality” among under-18s as a threat to freedom of expression, and one said it could impact showings of some Harry Potter films and classic TV shows.

Prime Minister Viktor Orban’s nationalist government pushed the law through parliament on Tuesday despite criticism from rights groups and the European Union, which said it could result in a loss of development funds for Hungary.

Mr. Orban and his ruling Fidesz party, which faces a tight election race next April, have increasingly railed against LGBT+ people and immigrants as part of their self-styled illiberal regime, which has deeply divided Hungarians.

German media giant RTL’s Hungarian unit, the country’s top broadcaster by audience, issued a statement saying it “condemned homophobia… We worry that the bill gravely harms freedom of expression, human rights and basic freedoms.”

Other major broadcasters including HBO, SPI International, and A+E Networks joined RTL’s statement. An RTL spokesman said it would come up later with a strategy to deal with the new legislation.

The law says it aims to “defend the right of children to an identity that conforms to their birth gender,” and bans content for minors that “promotes or depicts gender change and homosexuality.” The same rules apply for advertisements.

RTL said Hungary’s new law could provide grounds for banning family favorites from prime-time TV because they touch on homosexuality in some manner. “Based on this, works like Billy Elliott, Philadelphia, Bridget Jones’ Diary, or even some Harry Potter films would only be shown late at night,” RTL said. “Series like Modern Family would be banned, as would some episodes of Friends.”

The law will cause significant harm to the media business and makes it more difficult for all Hungarians to access certain kinds of content, the broadcaster added.

The government and the Fidesz deputy who submitted the bill did not reply to Reuters’ requests for comment on the possible impact of the law on programming. — Reuters

Alliance Global: diverse portfolio helps in pandemic

ALLIANCE Global Group, Inc. (AGI) said global operations helped its diversified businesses cushion the impact of the coronavirus disease 2019 (COVID-19) pandemic.

“Our multiple sources of income have allowed our group to balance our portfolio. Together with our innovative offerings and digitalization strategy, AGI managed to mitigate the impact of the pandemic,” Andrew L. Tan, chairman of AGI, said during the company’s annual stockholders’ meeting on Thursday.

The listed conglomerate generated an attributable profit of P8.8 billion in 2020, while consolidated revenues amounted to P128.8 billion.

AGI Chief Executive Officer Kevin Andrew L. Tan said the pandemic allowed the company to “validate the soundness of [its] businesses, as well as the effectiveness of the group’s strategies.”

“To date, The Dalmore, Jura, and Tamnavulin have joined the list of the Top 25 Single Malt Brands, while all of Whyte and Mackay’s single malt whisky brands are growing in the UK, Europe, US, Canada, and Asia,” he said.

Spirits manufacturing segment Emperador, Inc. contributed 41% to AGI’s consolidated revenues in 2020, after it recorded growth in markets across several countries.

The company said it intends to expand Emperador Brandy’s global presence, which has distribution footprint in 61 countries through the same route to market established by Whyte and Mackay.

Meanwhile, real estate unit Megaworld Corp. through Megaworld International delivered robust property sales. Back home, Megaworld also saw an increase in the contribution of its residential projects in areas outside of Metro Manila.

“Our projects outside Metro Manila now account for more than 30% of our real estate sales,” the company’s CEO said, adding that provincial projects now serve as its primary source of reservation sales.

“We believe that this contribution will further grow as we launch more provincial projects in the future because we expect economic progress to spread outside Metro Manila with further improvements in our country’s infrastructure,” he added.

Popular Megaworld projects from last year include Arden Botanical Village in located in Tanza, Cavite; the Pinnacle from the Iloilo Business Park township; and Bacolod-based One Manhattan in its Upper East Township.

Megaworld is looking to create more township projects outside the capital region, with more than 4,300 hectares of developable land in its landbank.

Meanwhile, Travellers International Hotel Group, Inc. has upgraded its Garden Wing to complement its Grand Wing to give Resorts World Manila the capacity to serve its patrons under the “new normal.”

McDonald’s Philippines operator Golden Arches Development Corp. has introduced new products such as the Taste of Korea products and the BTS meal, riding on the popularity of K-pop megaband BTS.

For new McDonald’s stores this year, AGI said it is looking at creating standalone stores with drive-thru facilities and its own delivery system.

“It would be ideal if there are also provisions for outdoor open spaces for alfresco dining,” chief executive Mr. Tan said.

On Thursday, shares of AGI at the local bourse closed unchanged at P10.28 each. — Keren Concepcion G. Valmonte

After postponements, Bb. Pilipinas 2021 pageant pushes through in July

BBPILIPINAS.COM

AFTER several postponements in the previous few months, the 57th Binibining Pilipinas pageant will finally push through via online streaming on July 11 from the Smart Araneta Coliseum.

The final lineup has 34 candidates from the original 40. Three candidates have withdrawn from the competition having decided to pursue other interests, one dropped out due to age restrictions, and two candidates who competed in other pageants and placed, also dropped out — Rowena Lucero 4th runner up in Miss Globe 2020 and Samantha Bernardo first runner up in 2020 Miss Grand International.   

The remaining 34 candidates are: Samantha Panlilio (Cavite); Lois Anne Bandando (Marikina); Patricia Garcia (Manila); Arianne Desiree Viardo (San Fernando, Pampanga); Princess Kien Guanzon (Occidental Mindoro); Shanon Tampon (Caloocan); Meiji Cruz (Valenzuela); Patricia Denise Babista (Quezon Province); Shaira Rona (Mandaluyong); Maureen Montagne (Batangas); Vianca Louise Marcelo (Bocaue, Bulacan); Cinderella Faye Obenita (Cagayan de Oro); Alexandra Rosales (Laguna); Justine Felizarte (Davao del Sur); Karen Laurrie Mendoza (Iloilo); Kimberly Tiquestiques (Balagtas, Bulacan); Hannah Consencino Arnold (Masbate); Mary Ruth Erika Quin (Nueva Ecija); Gabrielle Basiano (Borongan, Eastern Samar); Lovely Mercado (Roxas, Isabela); Carina Cari?o (La Union); Czarina Guiao (Pampanga); Jasamin Dimaculangan (Albay); Ma. Francesca Taruc (Angeles, Pampanga); Honey Cartasano (Rizal); Noriza Mae Valerio (Pampanga); Graciella Lehmann (Oriental Mindoro); Danica Peralta Acuna (Romblon); Alexandra Faith Garcia (Olongapo); Mercedes Pair (Lapu-Lapu, Cebu); Nicca Rosal (Agoncillo, Batangas); Lesley Ann Ticaro (Tagum); Bellatrix Tan (Zamboanga); and Honey Bee Parreñas (Sultan Kudarat).

For the pageant’s 57th edition, the activities will be streamed online.

“We are so excited that we can bring this year’s Binibining Pilipinas pageant closer to our fans,” Binibining Pilipinas Charities, Inc. (BPCI) head Gines Enriquez said in a statement. “By doing some parts of the competition online, fans will have a front row seat as their favorite candidates prove themselves worthy of the crown. They can also take part by voting, and, who knows, with their support, they can bring their favored candidates to the front of the pack.”

The national costume presentation was held on June 12 through Binibining Pilipinas’ YouTube and Facebook pages. Fans can support their bets by liking the post that features their favorite candidates on TikTok, and they can also vote for their favorite national costumes through the Binibining Pilipinas official website.   

The 10 candidates with the most votes will be announced during the National Costume Fashion Show which will be streamed on YouTube and Facebook on June 27. Then, another round of voting will be opened to decide who among the Top 10 qualifiers will win Best in National Costume on the pageant’s grand coronation night.

Following the national costume presentation, fans will get to see the swimsuit presentation which will stream on the pageant’s Facebook and YouTube pages on June 18. The candidates will be joined by the 2019 Binibini queens and Miss Grand International 2020 First Runner-Up Samantha Bernardo.

The Binibining Pilipinas coronation night will be hosted by Miss Universe 2018 Catriona Gray and Miss Grand International 2016 first runner-up Nicole Cordoves.

During the coronation, four queens will be crowned with the titles: Binibining Pilipinas International, Binibining Pilipinas Grand International, Binibining Pilipinas Intercontinental, and Binibining Pilipinas Globe.

The Binibining Pilipinas 2021 Grand Coronation Night will be aired on A2Z and will be simultaneously livestreamed on YouTube at 9:45 p.m.

For more information about Binibining Pilipinas, visit the pageant’s webpage at https://www.bbpilipinas.com/. MAPS

BSP to support the economy for ‘as long as necessary’ — Diokno

BW FILE PHOTO

THE CENTRAL BANK chief has reiterated the regulator’s commitment to support the economy for “as long as necessary” while maintaining financial stability, but said it has room to address any risks that may result from the unwinding of easy policy in the United States.

“The BSP (Bangko Sentral ng Pilipinas) will continue to focus on keeping its monetary policy stance supportive of the government’s initiatives to address the effects of the pandemic, for as long as necessary, until the economic recovery gets underway,” BSP Governor Benjamin E. Diokno said at a virtual briefing on Thursday.

Mr. Diokno’s statement comes a week before the Monetary Board’s meeting on June 24 and after the US Federal Reserve hinted it could increase interest rates by 2023.

The BSP slashed benchmark rates by 200 basis points last year. Borrowing costs have been at record lows since November.

Mr. Diokno said earlier this month that the BSP would keep policy settings loose until the economy’s recovery becomes sustainable, which he noted could be in the second half of 2022.

Aside from keeping rates low, the central bank has also provided stimulus by freeing up liquidity via various easing measures. The BSP chief said its actions have released some P2.2 trillion into the financial system, which is equivalent to 12.1% of gross domestic product.

“The big bulk of that came from the BSP’s participation in the secondary government securities market, and then a big chunk also is the repurchase arrangement with the National Government — that’s about P540 billion — and another big chunk will be the interest rate cut and the cut to the reserve requirement,” Mr. Diokno said.

He said even as they aim to keep monetary policy supportive of growth, they remain committed to their mandate of financial stability, noting that a possible source of risk is how markets would react once the Fed cuts its bond purchases and, eventually, hikes borrowing costs. 

In 2013, after years of easy policy following the global financial crisis, the Fed announced it would begin unwinding its massive quantitative easing program and spooked investors, leading to the so-called taper tantrum, which involved sharp outflows from emerging markets. This caused central banks to scramble to raise their own rates.

Due to the coronavirus pandemic, the Fed last year restarted its bond purchases as a form of economic stimulus.

But the Fed on Wednesday began closing the door on its pandemic-driven monetary policy as officials projected an accelerated timetable for interest rate increases, opened talks on how to end crisis-era bond-buying, and said the 15-month-old health emergency was no longer a core constraint on US commerce, Reuters reported.

Signaling that broad changes in policy may happen sooner than expected, US central bank officials moved their first projected rate increases from 2024 into 2023, with 13 of 18 policy makers foreseeing a “liftoff” in borrowing costs that year and 11 seeing two quarter-percentage-point rate increases.

Seven of the officials see rates moving higher next year, opening the possibility of even more aggressive action.

Fed Chair Jerome Powell, who spoke to reporters after the release of the central bank’s latest policy statement and economic projections, said there had also been initial discussions about when to pull back on the Fed’s $120 billion in monthly bond purchases, a conversation that would be completed in coming months as the economy continues to heal.

For his part, Mr. Diokno said he believes the Fed is unlikely to hike rates next year due to the upcoming midterm elections in the US and as uncertainties over the pandemic remain.

“In any event, an increase in interest rates in the US is not an immediate threat to the Philippines because we have a lot of tools that will address that concern,” he said. “Our GIR (gross international reserves) is healthy, and our interest rates at the moment is rock bottom. We can do a lot of measures to counteract any possible effect on the Philippines.”

Meanwhile, the central bank chief also reiterated the importance of fiscal measures as the government continues to respond to the pandemic.

“Fiscal policy, in particular, remains crucial in providing direct support to revive domestic demand and prevent long-term economic scarring from the pandemic, with the BSP remaining ready to implement further policy measures, if necessary,” Mr. Diokno said. — LWTN with Reuters

UnionBank to use AI to personalize its product offerings for customers

UNIONBANK of the Philippines, Inc. is looking to profile its customers using data science and artificial intelligence (AI) to help match them with the products that suit their needs.

“By harnessing AI, we have the ability to analyze data culled from various sources — customer profiles, and past interactions, for example — and provide tailor-fit recommendations on products and services that truly address our customers’ needs,” UnionBank Executive Vice-President and Head of Retail Banking Center Joyce Gonzalez said in a statement.

The algorithm will be used for the bank’s latest offering called “UnionBank for life,” which is a bancassurance product in partnership with Insular Life Assurance Co., Ltd.

It uses AI and data science to sort potential customers into profile archetypes such as a “mom saver” or “young spender,” among others. UnionBank will recommend insurance products relevant to them based on their archetype.

“UnionBank has always believed in the power of data science and AI to enable lasting positive impact not just on the lives of customers, but also on society as a whole. This is why we will continue to harness these and other emerging technologies in many of our products and services, including insurance,” UnionBank Senior Advisor for Data and Artificial Intelligence David Hardoon said.

The bank is also looking to use this technology for more complex processes to allow the personalization for its insurance offerings, UnionBank said.

UnionBank last month held a virtual groundbreaking ceremony for its Innovation Campus in Laguna. It will house hubs for research and development in areas such as data science, artificial intelligence, and blockchain.

The Aboitiz-led lender’s income climbed by 78% year on year to P4.7 billion in the first quarter on the back of a better risk profile and stronger capital buffers.

Its shares closed at P77.70 apiece on Thursday, gaining 70 centavos from its previous finish. — LWTN

Unemployment declined but remained high in Q1

PHILIPPINE STAR/ MICHAEL VARCAS

AROUND 12.2 million adult Filipinos were jobless in the first quarter, Social Weather Stations (SWS) estimated, citing projections made from one of its surveys.

In a statement Thursday, SWS said adult joblessness fell by 1.5 percentage points to 25.8% compared to the fourth quarter of 2020. This latest level is still much higher than the pre-pandemic level of 17.5% from December 2019.

The estimated number of jobless adults was 12.2 million, against 12.7 million in its Fourth Quarter Survey conducted in November 2020.

“The jobless consist of those who (a) voluntarily left their old jobs, (b) are seeking jobs for the first time, or (c) lost their jobs due to economic circumstances beyond their control,” it said.

The survey was conducted on 1,200 adults between April 28 and May 2, according to SWS. The sampling error margins for national percentages was at ±3% and ±6% for Balance Luzon, Metro Manila, the Visayas, and Mindanao.

The survey also found that the labor force participation rate, or the proportion of adults in the labor force, is at 67% or an estimated 47.5 million. This was up from 66.7% or about 46.3 million in the fourth quarter survey.

The 1.5-point decline in joblessness was driven by decreases of 7 points in Metro Manila and 9 points in the rest of Luzon. However, this was offset by a 10-point increase in the Visayas, and a six-point increase in Mindanao.

Joblessness in the rest of Luzon fell to 24.2% from 32.7%; in Metro Manila, it declined to 30.8% from 37.8%.

It rose to 28.7% from 19.1% in the Visayas and increased to 23% from 17% in Mindanao.

The joblessness rate fell among 25- to 24-year-olds to 24.6% from 33.6% and among 18- to 24-year-olds to 55.5% from 57.2%.

It was little changed for those 45 years and above to 18.2% from 18% and also rose slightly in the 35- to 44-year cohort to 25.6% from 23.9%.

The joblessness rate among men increased to 23.6% from 22.2% and fell among women to 29% from 34.1%. The five-point gap between women and men is the lowest since 2004, when the joblessness gap was only three points.

In rural areas, the rate fell to 23.3% from 24.9%. It also declined in urban areas to 28% from 29.8%.

By educational attainment, the joblessness rate fell among non-elementary graduates to 11.7% from 16.4%, and among elementary graduates to 21.6% from 24.2%.

The rate was little changed among junior high school graduates at 30% from 30.8% and among college graduates at 29.7% to 30%.

The Philippine Statistics Authority reported that unemployment rate in April rose to 8.7% or 4.138 million Filipinos from 7.1% or 3.441 million in March due to the imposition of another lockdown because of the surge in infections. — Vann Marlo M. Villegas

Maynilad spends P410M for pressure-regulating valves

MAYNILAD Water Services, Inc. spent P410 million for the placement of pressure-regulating valves (PRV) in select parts of its distribution system.

The water concessionaire, which provides water for the west zone of Metro Manila, said the PRV installation aims to manage water pressure in its network and improve the availability of water supply for its customers.

“PRVs serve to equalize pressure in the network, enabling Maynilad to spread out the water supply to a wider area without putting undue stress on the piping system. These also automatically lower pressure during off-peak hours, thus helping to reduce water losses while also making supply distribution more energy efficient,” the water provider said in a statement on Thursday.

Maynilad Chief Operating Officer Randolph T. Estrellado said the installation of PRVs in its system provides the company a better control on water flow in the pipelines.

“We can reduce excessive pressure at night during low-demand hours and redirect that pressure to fill up our reservoirs in preparation for peak demand by daytime,” Mr. Estrellado said.

Currently, Maynilad said it has 1,200 PRVs across the west zone concession, adding that 85% of its distribution system is already covered with the said technology. The water provider aims for full PRV coverage by 2026 after using it since 2011.

“The installation of PRVs is part of Maynilad’s non-revenue water management program, which seeks to manage losses in the network through selective pipe replacement, active leakage control, network diagnostics, replacement of old water meters, and establishment of district metered areas,” the water provider said.

Maynilad supplies water to consumers in Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas, Malabon, Manila, Makati, and Quezon City, as well as parts of Cavite province including Bacoor, Imus, Kawit, Noveleta, and Rosario.

Metro Pacific Investments Corp., which has a majority stake in Maynilad, is one of three Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT, Inc.

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has an interest in BusinessWorld through the Philippine Star Group, which it controls. — Revin Mikhael D. Ochave

Entertainment News (06/18/21)

AXN Asia drops first crime thriller podcast

AXN Asia will be launching its first crime thriller podcast, Fey Hollow: The Fairy Tale Murders, on June 20. Created by Natasha Koster and voiced by an international cast, the podcast follows the story of two detectives tracking down a sadistic serial killer who uses brutal fairy tale-inspired rituals to murder his victims. The eight-episode audio drama, produced by KC Global Media Asia, offers a unique dual ending that would allow listeners to choose whether Fey Hollow: The Fairy Tale Murders will get a happily-ever-after or not at the end. Fey Hollow: The Fairy Tale Murders will be available to listeners worldwide on Spotify, Apple Podcast, and other leading podcast directories starting June 20. For more information, please visit AXN-Asia.com/FeyHollowPodcast.

Jayda holds virtual concert

SINGER-songwriter Jayda will hold a virtual concert titled Jayda in Concert  on June 26, 8 p.m., with a re-run the next day, June 27, at 10 a.m. on KTX.ph, iWanTTFC, and TFC IPTV. KD Estrada and her mother, singer Jessa Zaragoza, will be joining Jayda as special guests. The show, with musical director Iean Iñigo, is produced by ABS-CBN Events and Phenomenal Entertainment. The singer recently released the song “M.U. (Malabong Usapan)” under Star Music. Tickets for Jayda in Concert are available on KTX.ph, iWantTFC, and TFC IPTV for P499. KTX also offers limited VIP tickets for P799, which includes access to the VIP party with Jayda via Zoom.

Monthly Magazine Home on iQiyi

THE KOREAN drama series Monthy Magazine Home is now streaming on the iQiyi app and iQ.com every Wednesday and Thursday at 8 p.m. The series, which stars Jung So Min and Kim Ji Suk, is a comedy about a magazine publisher and real-estate disputes. To watch, visit iq.com.

Wovensound, Ihasamic! Collaborate on single

SINGAPORE-based producer Wovensound and hip-hop artist Ihasamic! have dropped their new single “End Simulation.” Exploring the outer limits of their signature sound with sprawling instrumentation, both artists took their love for drum and bass-influenced rap-rock into the song. “This song is a tribute to two great things that I love: Linkin Park and sci-fi shows like The Matrix, Blade Runner, and more,” Wovensound said in a statement. The song is part of Wovensound and Ihasamic!’s six-track debut EP Vertigos Fulfilled, dropping this month. Listen to “End Simulation” via Umami Records at https://www.umamirecords.sg/end-simulation/.

Rapper Flict G releases music video

FILIPINO rapper Flict G has released the official music video of his new single “Aking Lahi.” Interspersed with a performance that features Flict G is footage of activists taking their grievances to the street, and hip-hop artists saying the lines in their local language or dialect. “Aking Lahi” was written by Flict G, but to make the material more effective in capturing the Filipino regional experience, he asked friends in the local hip-hop community to translate some of the verses in 13 different languages other than Tagalog, namely: Ilocano (Patrick Vidal), Ibaloi (Patrick Bullet Silverio), Pangasinense (Freaky Ky / Jason Haft), Kapampangan (Arvee Belonio), Bikolano (Mikidee Michael David), Waray (Ronmark Labasano), Bisaya (Hizuka Sato), Ilonggo (Tuglaks Joren Machan), Maranao (Salman Mambuay), Maguindanao (Asnawe Baraguir Mawe), Tausug (AJ Shinoda), Yakan (AL Mohtaz Abubakar), and Chavacano (AJ Shinoda). The result is an anthem of resistance and inspiration, unifying diverse voices to demand meaningful change within the system. The music video is out now on YouTube via Sony Music Philippines.

Non-verbal cues from key talent planning to resign

We have a low turnover rate, but just the same, we’re worried that our hard-to-replace workers may be looking for the chance to move to other organizations for whatever reason. Is there a way to anticipate their moves so we can respond proactively to retain them? — Blue Tab

There’s a saying — “dig the well before you get thirsty.” That means you have to be prepared for any eventuality, not just sudden resignation but the incapacity or death of your hot talent. The problem is that many of us keep forgetting this. What’s needed is a robust succession plan, apprenticeships, management development, technology transfer, golden handcuffs, and other related programs.

On May 21, I wrote about how to deal with hard-to-replace employees. In that piece, “How to Find Scarce, Hot Talent,” I discussed the twin strategies of conducting a forward-hiring program or an advanced apprenticeship for deserving college students. This must be supplemented by a poaching scheme designed to attract hot talent from all industries.

This is based on the belief that you can’t prevent a determined soul from leaving no matter how much you believe they should not be leaving. Harangan mo man ng sibat — even if you try to coerce people into staying, you won’t succeed, unless they have signed an employment contract which they need to see out. This is a free country.

Circumstances are changing. With or without them leaving the organization, you must be ready to fill any post as soon as possible. You can do this by talking on a regular basis to those people you value. That way, it might be possible to predict who might be leaving.

NON-VERBAL CUES
There’s no better approach than hearing directly from the horse’s mouth. Even if you do, be extra cautious as you don’t want to unnecessarily feed their ego, no matter how they appear to be indispensable. Now, what happens if they say they have no plans of leaving the organization, and yet there are signs are pointing otherwise?

Take it with a grain of salt. Trust, but be prepared at the same time.

Carefully weigh the things you hear from your hot talent. In this world, no one promises lifetime loyalty; by the same token, your company can’t promise lifetime employment. Be fair. If you’re studying body language, you can gain an idea of their intentions from the following:

One, unhappy people are unusually irritable even over small things. Those people who have plans of resigning are combative to people they hate, even to their bosses. American businessman and politician Matthew Bevin is right: “The ripple effects of small things are extraordinary.” And it could go both ways — either good or bad depending on how you read it alongside the other circumstances.

Two, they’ve become tardy or irregular in attending meetings. Does absence make the heart grow fonder or colder? In many cases, absence can explain a lot of things, but most of the time, it tells us that something is not right. In most cases, people who are thinking of resigning may telegraph their unhappiness by making themselves disappear for no rhyme or reason.

Three, they’ve shown an unusually low level of performance. People who have plans to resign sometimes make it known by sending in late reports. Even if not late, the reports may contain inaccurate information, which would stand out considering their previous performance. One telltale sign is that even if they’re physically in the office, you can see them doing something other than their assigned tasks.

Last, they habitually call in sick. They may think, one or two days of absence may not do any harm. They could be attending a job interview elsewhere. But if this becomes habitual and disruptive to operations, you may have to dig deeper. They may not admit it, but just the same, be prepared for the worst.

DREADED TIMING
Don’t worry much about resignations. Manage only the things you can control. As I’ve said, you can’t prevent them from leaving. Take it easy. It’s not the end of the world. Have a closer look at your retention programs. Review them, if possible. If there’s another thing that you should worry about, it’s the timing of the resignation.

Usually, a person who intends to resign hands in a resignation late on a Friday, shortly before the close of office hours. What’s the significance of timing? If a boss wants to talk to a resigned person, they should have time behind closed doors to discuss all issues. Also, the resigned person is taking the advantage of a weekend for the boss to think things over.

The timing could also have an adverse effect on the company’s operations during peak season. If a human resource manager who is on top of negotiations with a union for a new collective bargaining agreement announces plans to leave, the loss of that person could be disastrous. In such cases, even a 30-day notice may not be enough for an employer to manage the situation.

If this happens, there is one major question you should ask yourself: “Do you really need that person?” The answer is obvious to any self-respecting employer. Cut clean and without bitterness.

 

Have a consulting chat with Rey Elbo on Facebook, LinkedIn, or Twitter or you can send anonymous questions to elbonomics@gmail.com or via https://reyelbo.consulting

Stuff to do (06/18/21)

Robinsons Galleria hosts artisans fair

ROBINSONS Malls will host the 5th Made in QC (MIQC) Local Artisans’ Fair to be held at Robinsons Galleria on June 18 to 19. The fair will showcase MIQC purveyors’ hand-crafted products ranging from soaps and candles, bags, to ice cream and jewelry. Over 15 businesses from Quezon City will join the fair. Visitors who buy a minimum P1,000 worth of items from the MIQC purveyors and who can show their completed COVID- 19 vaccination card will bring home freebies from the Quezon City local government. Freebies can be redeemed at the registration table at the event.

Oxfam holds webinar on gender norms

AS PART of Oxfam Philippines and Investing in Women’s Campaign Addressing Gender Norms in the Time of COVID-19, they will be hosting the webinar “Usapang Gawaing Bahay sa Panahonng Pandemya” on June 21, 10 a.m. to noon via Zoom, FBLive, and YouTube. The Opening Message: How unpaid care and domestic work exacerbates poverty and inequality will be given by Lot Felizco, Country Director of Oxfam Pilipina, at 10 a.m. This will be followed at 10:10 a.m. with the talk “Initiatives to address unpaid care and domestic work in the Philippines” with Kristine Chavez, Executive Director of the Philippine Commission on Women; 10:20 a.m., “Sharing care work in the time of COVID-19: Experiences from dads and couples” with Third Bagro (a.k.a. Mr. Domesticated) and his wife Tina Bagro; 10:50 a.m., “An inspirational message: Care work as a personal experience and a policy concern” by Sen. Sonny Angara; and, 11:05, Open Forum and Synthesis. The event’s host and moderator is Bam Alegre.

Shangri-La Plaza celebrates Father’s Day

JUNE is packed at Shangri-La Plaza as it marks Philippine Independence with a month-long celebration of everything Filipino — from food, fashion, to heritage and culture, while also marking Father’s Day. The Lasap Pinoy food festival is ongoing until June 30, while the Gawang Kamay Fair, a showcase of quality Filipino products by entrepreneurs and artisans will be held on June 17 to 20 at Level 2 Grand Atrium. The Istilong Pinoy Fair runs from June 24 to 27 at the Grand Atrium, with discounts of up to 50% off on clothes, shoes, accessories, and other fashion finds from local labels. From June 15 to 30, the mall will hold the Dad’s Day Giveaway raffle for a chance to win a La-Z Boy chair. The raffle is open to Shang’s Viber Community members who need to fill out the entry form in this link http://bit.ly/ShangDadGiveaway. Mall guests who have been vaccinated can submit their vaccination card to double entries. Shangri-La Plaza opens for longer hours on weekends starting June 18 (11 a.m. to 8 p.m. on Mondays through Thursdays and 10 a.m. to 9 p.m. on Fridays through Sundays). Mall guests can emjoy free parking for every P2,000 purchase from any of the shops at Shang and other great surprises with the recently launched Shang on Weekends.

Robinsons Malls open al fresco hang out areas

ROBINSONS Magnolia, Robinsons Place Manila, and Robinsons Place Manila’s al fresco areas transform into hangout places called “Chill Nights at the Al Fresco,” where diners can enjoy free bottles of ice-cold beer with a minimum purchase from participating food outlets and restaurants. Robinsons Galleria visitors get to bring home a beer mug too, for minimum purchase of P3,000. Robinsons Galleria Al Fresco partners include Chili’s, PeriPeri, Kenny Rogers and Crisostomo. Robinsons Place Manila’s food partners include Gerry’s Grill, Yellow Cab, Bonchon, Wendy’s, and Goldilocks. Robinsons Magnolia partnered with Fiery Style, Arce Haus, Botejyu, Mesa, Ippudo and Ramen Nagi. Visit Robinsons Malls’ Chill Nights at the Al Fresco on the following dates: Robinsons Galleria and Robinsons Magnolia on June 18 and 19, and June 25 and 26; and Robinsons Place Manila on June 18 and 19, June 25 and 26, and July 2 and 3. 

Father’s Day at Ayala Malls

CELEBRATE Father’s Day at Ayala Malls with activities that include shopping and exclusive deals. Find the best gift at Ayala Malls’ Off the Rack Fair — featuring dad-approved brands like A.Refinery, Birkenstock, Fila, Hush Puppies, Jockey, Pacsafe, ROX, The North Face, and True Value — ongoing until June 20 at Alabang Town Center, Trinoma, Ayala Malls Circuit, Ayala Malls Pavillion, Ayala Malls Fairview Terraces, MarQuee Mall, U.P. Town Center, Ayala Center Cebu, and Centrio. BPI is also giving patrons the chance to win a Jewelmer Advocacy Bracelet when they shop at the Jewelmer store. For every P1,000 single or accumulated receipt/s, customers receive one raffle entry. Double your chances of winning by using BPI Credit, Debit, or Prepaid Card or triple the chances by using a BPI Amore Card. Get a Php 100 The Coffee Bean and Tea Leaf voucher with receipts of at least P3,000. The promo is running until June 30. Tune in to Dad Hacks on Ayala Malls’ Facebook page to catch Rampver Financial President and CEO, Rex Mendoza, who will teach skills about achieving financial freedom and setting family goals. For bookworms and those who love conversations over food, lounge by the Dining by Design al fresco areas at the various Ayala Malls. For more active activities, join Zumba With Dad on June 17, 8 p.m., at Ayala Malls Centrio’ Garden; HIT for Dads on June 19, 4 p.m., at Ayala Malls Central Bloc’s Garden Row; as well as Jump Rope Dads and Circuit Cycle at Ayala Malls Circuit. Show off your gaming skills with dad at Dad Duels for the chance to win P50,000 worth of prizes. Ayala Malls is streaming all-day open matches of Valorant on June 19. Participants may register through ayalamalls.com. Deathmatches will commence off air from 3 to 4:50 p.m. The live broadcast will air from 5-7 p.m. Also expect interactive gaming for all ages at GG Truck, a first-of-its-kind gaming truck wherein customers can play online games by scanning the QR code in the GG truck’s screen. The truck will be at Market! Market! on June 19, and at Ayala Malls Feliz on June 20, both from 11 a.m. to 5 p.m.

BGC’s sustainability initiatives

AS PART of Bonifacio Global City’s (BGC) program to go eco-friendly, BGC has organized a weekly Clean and Dry Plastic Drop-off to encourage residents to segregate in their homes and drop-off plastics for recycling. BGC collects an average of 400 kg of plastic per month which is recycled into Eco Brics. In partnership with Green Antz, Bonifacio High Street, and Alagang Ayala Land, the clean and dry plastic drop-off is held every Saturday at Bonifacio High Street B7 Portal by Aldo. Discarded box or Tetra pack containers are now also accepted. Meanwhile, High Street Harvest is a bi-monthly activity that encourages residents to exchange their clean and dry plastics with herbs harvested from Bonifacio High Street and composts generated from BGC’s yard waste. To stay updated on BGC’s sustainability efforts and to know how you can help, visit Bonifacio Global City’s Facebook page at https://www.facebook.com/bonifacioglobalcityph/.