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Ampalaya Monologues’ third episode gives love another chance

IWANT’S ORIGINAL anthology series Ampalaya Chronicles brings another “hugot” story with its third episode: “Me and Mrs. Cruz.”

Based on the monologue “Me & Mrs. Cruz” by Jerome Dawis from Mark Ghosn’s collection titled Ampalaya Monologues, the show is directed by Real Florido and written by Bridgette Ann Rebuca.

The story follows a widow, Mrs. Eve Cruz, who is trying to recover from the loss of her husband. She meets a young flower shop delivery man, Caloy, who goes to work dressed up as famous musicians. Both develop a deep connection despite their 23-year age gap.

Director Real Florido said in a video that the third episode is a more layered story, since the first two episodes of the anthology, referring to “Adikand” and “Labyu Hehe,” focused on love stories between adolescents.

During an online press launch, Ina Raymundo, who plays Mrs. Eve Cruz, describes her character as someone who is full of regret after losing the one she loves. “The story taught me to value the people you love,” she said. “Do not take your loved ones for granted… You will be gripped with so much misery.”

Paulo Angeles admitted that he was pressured in preparing for the spoken word poetry because of the deep vocabulary used.

“Nung nasa set, mas maganda pala kung huwag mong isipin yung words. Mas maganda kung yung buong body mo gumagana, at kusa nalang siya lalabas sa bibig mo (When on set, it’s better to not think of the words. It is better to let your body work and the words will flow naturally),” he said.

Ampalaya Monologues is known for its “hugot,” or emotional pull, from a past experience in a romantic relationship. “Minsan hindi mo kayang sabihin pero dahil may ganitong klaseng art form, kapag napanood mo siya, tumatagos sayo (Sometimes you cannot express how you feel, but because of this art form, it overflows to you).” Mr. Florido said in a video.

Also in the cast are Kristof Garcia, and JM Mendoza, and Nicki Morena.

Ampalaya Chronicles: Me & Mrs. Cruz will stream beginning Mar. 26 on iWantTFC.com and the iWantTFC app (available on Google Play and App store) and iwant.ph. — Michelle Anne P. Soliman

NextPay secures funding to expand digital solutions

FINANCIAL technology startup NextPay received $125,000 in funding from Silicon Valley-based Y Combinator, becoming the fifth Filipino startup to receive backing from the accelerator.

The funding will be used to expand its digital solutions for payments, credit, and personal cash management, the company said in a statement on Monday.

The NextPay platform offers small companies digital invoicing, cash management, and batch payment services linked to Philippine banks and digital wallets.

“Our goal is to empower smaller businesses with a spectrum of banking services that were previously unavailable to them because of the steep requirements and high fees that are typically aimed at larger, more developed companies that can afford them,” NextPay Chief Executive Officer and Co-Founder Don Pansacola said.

“We plan to introduce more payment acceptance methods, virtual credit cards, and other digital solutions that enable businesses to manage their cash flow and alleviate the bottlenecks of the Philippine financial landscape.”

NextPay, he said, will also partner with human resource and accounting software companies to streamline the financial operations of growing firms.

The company has processed $2.5 million or P120 million in digital transactions for over 100 businesses since its launch last year.

Y Combinator has also backed Filipino companies Kalibrr, PayMongo, Avion School, and Dashlabs.ai. Internationally, it has helped launch Airbnb, Dropbox, and Twitch. — Jenina P. Ibañez

PT&T seeks reversal of capital hike

PHILIPPINE Telegraph & Telephone Corp. (PT&T) is asking the SEC to reverse its approved capital hike.

In a disclosure to the exchange on Monday, PT&T said its board of directors decided to propose a reversal of the authorized capital increase previously sought to accommodate the conversion of debts to equity under PT&T’s rehabilitation plan.

“Considering the nature of the documentary requirements imposed by the Securities and Exchange Commission (SEC) in converting the debts to equity, PT&T deems it proper to first address the said documentary requirements before implementing any debt-to-equity conversion and increase in its authorized capital,” the company explained.

PT&T said the proposal will not affect the company’s rehabilitation plan.

“The debt-to-equity conversion mandated under the rehabilitation plan will still be implemented by PT&T, but the same will be done in several tranches or every time PT&T completes the documentary requirements imposed by the SEC,” the company said. — Keren Concepcion G. Valmonte

How the Oscars finally made it less lonely for women at the top of their game

THIS year, with the nomination of both Chloé Zhao and Emerald Fennell in the Academy Awards’ Best Director category — and their films in Best Picture — it seems at last the Oscars powerbrokers have learned to count, putting more than one woman in the category for the first time. Women have been nominated for awards in the past, but it’s been lonely at the top.

When Lina Wertmuller was nominated for Seven Beauties in 1977, her co-nominees were all male; fast forward to Kathryn Bigelow 33 years later when she became the first and only woman to win Best Director, and the same rules applied. Women, it seems, take up such space in the cultural psyche, perhaps two can’t fit. This affects the field in two ways.

On the one hand, as we’ve seen with Bigelow and the Oscars, and Jane Campion as the only woman ever to win the Palme d’Or at Cannes (in 1993 for The Piano), being the singular nominee of your gender, makes these women “exceptional” and “iconoclastic.” They are mould smashers and rule breakers whose talent appears to strike out of nowhere and is singularly responsible for their individual success.

While there is no disputing the “talent” part, the blinding light generated by Bigelow or Campion on these occasions hides the tall barriers women face in the resource-intensive world of commercial filmmaking. When viewed as singular successes, Ms. Campion and Ms. Bigelow are subjects of excellence and objects of isolation.

Now two women have received Oscars nods for directing in the award’s 93rd year, and it’s noteworthy — both in terms of behind-the-scenes factors and the films they’ve created: Nomadland and Promising Young Woman.

Several factors have been credited for diversification of the Oscars and other award events this year, including subtle shifts in membership and eligibility criteria to unfold over the next few years and the holding off of some larger budget productions due to pandemic cinema closures.

The contribution of big streamers like Netflix is also a matter of debate. The needle-moving role of each of these factors may not be known for a little while; after all, some changes aren’t due to bear fruit until 2025 or later.

Regardless of the cause, there is no doubt this year the door has opened to more nominations for women and people of color across all categories in all major ceremonies (the BAFTAs, Golden Globes, and Oscars).

A number of things unite the female-helmed Best Picture and Best Director nominees this year: both Nomandland and Promising Young Woman center their stories around a female protagonist; both are low-budget, independent films, with flashes of innovation in cinematic style.

Both are about the dashing of dreams, due (in Nomadland) to the economic collapse experienced by itinerant workers in Trump’s America, or (in Promising Young Woman) to the scourge of sexual violence against women and the persistently unfair rules that privilege young male professionals over their female counterparts.

Along with a third female-directed film many believe should have been nominated — Kitty Green’s remarkable The Assistant — all these movies are uncannily topical. Ms. Green’s film depicts, in micro-detail, the demoralizing experiences of a young female entertainment industry worker under a boss seemingly based on sexual predator Harvey Weinstein.

The Amazon warehouse work that Nomadland protagonist Fern must resort to anticipates the unionizing struggles of real-life Amazon workers in current-day Alabama.

The sexual assault at the center of Ms. Fennell’s movie, that takes place at a medical school party, could just as easily have come to pass among students at esteemed Australian schools and universities or, indeed, in the corridors of political and industrial power.

Meticulously depicting disenfranchisement and gendered violence from the inside, these female-led films make a pitch for group solidarity. In Nomadland, the occasional visits Fern enjoys with fellow nomads bring welcome, though temporary, solace.

In Promising Young Woman, Carrie’s difficulty with processing the rape and subsequent death of her best friend Nina, the eponymous woman of the film’s title, are compounded by the fact Carrie is isolated and, audiences are repeatedly told, “has no friends.”

The film’s opening shots of masses of men’s bodies (gyrating on the dance floor) contrast sharply with the subsequent framing of Carrie on her own and vulnerable. In the logic of this movie, boys go out in groups and girls do not. This is considered a bad thing, whether you’re a student in med school or law school or, perhaps until now, a film director.

There is no doubt Promising Young Woman contains a message for men. In the post-#MeToo era, phrases like “educate your sons” remind us that women’s safety is men’s responsibility and has nothing to do with women’s dress or behavior. But the film has further insight to offer: women are stronger when we’re together. This year’s Oscars will give women at the top of their filmmaking game their first chance to live that message. — Reuters

 

Julia Erhart, Associate Professor, Screen and Media, Flinders University.

Russian homebuilder expanding in Philippines

RUSSIAN HOMEBUILDER PIK Group is expanding in key markets in Asia, including the Philippines.

In a statement, the Moscow-based PIK said it is launching its first real estate project in the Philippines through local subsidiary HDRP Group Corporation.

PIK said the Philippines was “its main choice for expansion in Asia due to its favorable market conditions and its rising demand for quality homes.”

The Russian company also cited Manila’s similarities with Moscow in terms of consumer demand and behavior, as well as urban environment.

PIK’s local unit HDRP Group is developing its maiden project, One Sierra in Mandaluyong City.

“A combined effort of an international team of experts and designers, One Sierra is aimed towards the mid-high-end market with a keen eye for quality,” the company said.

Located along EDSA, One Sierra is a low-density residential building with only ten units per floor. The 250 units are spread across 30 storeys starting from the fifth floor.

Units range from studio, one-bedroom, two-bedroom, or small-office/ home-office units, with sizes from 32 to 84 square meters.

Its common amenities include a swimming pool and deck area, gym and wellness area, and function room.

“With One Sierra, PIK provides highly discerning Filipinos a taste of European quality and modern living further enhanced with groundbreaking and innovative technologies and green design,” the company said.

PIK has over 25 years in the property industry, having built homes in major cities in Russia. Listed on the Moscow Stock Exchange, PIK has a market capitalization of $6.7 billion.

Smart to roll out more than 90 fuel cell-powered sites

SMART COMMUNICATIONS, Inc., the wireless arm of PLDT, Inc. said that it will be rolling out over 90 fuel cell-powered sites across the country by the second quarter this year, in partnership with a Denmark firm.

In a press release, Smart said that it will be unveiling the green cell sites in off-grid and “grid-challenged” areas in urban and rural areas nationwide until the end of 2021. The firm added that it has tapped Denmark-based SerEnergy for the installation of the green cell sites.

On its website, SerEnergy describes itself as the “world-leading supplier of methanol-based fuel cell solutions.”

Fuel cells use electrochemical reactions to produce energy. Smart said that stationary fuel cells “emit less carbon dioxide than other technologies” and are “completely carbon neutral if the cells use fuel from renewable energy sources.”

Fuel cells are also said to be more cost-effective, compared to existing technologies, as units have longer lifetimes.

“As we face daunting challenges on how to protect our environment and promote more equitable social development, Smart’s cutting-edge technologies can play a significant role in rallying the right socio-environmental mind-set and driving a greater sense of responsibility to the planet,” Alfredo S. Panlilio, Smart Communications president and chief executive officer, said in a statement.

For his part, SerEnergy Commercial Manager Morten Thomsen said that the “firm is excited that Smart has chosen their clean power technology.”

Smart said that its foray into more environment-friendly cell sites is a key pillar of its “Live Smarter for a Better World” campaign, which hopes to “inspire people to commit to embarking on sustainable actions that have a lasting and positive impact to society.”

Shares of PLDT in the local bourse improved 2.09% or P25 to end at P1,220 apiece on Monday.

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls. — Angelica Y. Yang

Lizzo launches reality TV search for ‘big grrrls’

LOS ANGELES — US musician Lizzo is making a reality TV series to find big women to join her on stage.

“It’s time to find my dream team of beautifully talented big grrrls,” the “Good As Hell” singer, a three time Grammy winner and role model for body positivity, wrote on her Instagram page on Friday.

The reality series for Amazon Studios is the first in a deal between Lizzo and the streaming platform that was announced last year, under which she will develop and produce TV series.

Amazon said on Friday that the show will follow Lizzo, 32, as she searches for dynamic, full-figured dancers and models to perform with her on stage, and on the runway.

“Have you felt underrepresented and under appreciated? THEN I’M LOOKIN FOR YOU!,” Lizzo wrote on Instagram.

Lizzo, who trained as a classical flute player, had a break-out year in 2019 with hits like “Truth Hurts” and “Juice” and a role in the movie Hustlers. The rapper and R&B singer was named best new artist at last year’s Grammy Awards and Time magazine’s 2019 entertainer of the year.

A release date and title for the reality show have yet to be announced. — Reuters

RLC plans mall in Pagadian City

ROBINSONS LAND Corporation (RLC) is planning to build a shopping mall in Pagadian City, Zamboanga del Sur.

In a statement, the Gokongwei-led real estate firm said it acquired a piece of prime property through public bidding in Pagadian City.

RLC President and CEO Frederick D. Go and Pagadian City Mayor Samuel S. Co recently sealed the deal awarding the property to the company.

“RLC plans to construct a shopping mall to service the growing needs of the city and its surrounding communities and barangays,” the company said.

Pagadian City is the capital of the province of Zamboanga del Sur and the regional center of Zamboanga Peninsula.

RLC reported a net income of P5.26 billion in 2020, lower than the P8.68 billion recorded in 2019.

“Amid the challenges of 2020, we adopted new ways of working and embraced a mind-set of innovation to continue serving our customers,” Mr. Go said in a March 2 statement.

“We capitalized on new opportunities for growth and accelerated our digital transformation initiatives to become more agile. As the business gradually recovers from the impact of community quarantines, we will continue to support our employees, business partners, and stakeholders.”

Royal Caribbean to return to the Caribbean with vaccinated guests in June

SOME of Royal Caribbean Group’s cruises will resume sailing in the Caribbean in June with vaccinated adult guests, ending a year-long hiatus brought on by the COVID-19 (coronavirus disease 2019) pandemic.

Adventure of the Seas and Celebrity Millennium ships will also have vaccinated crews and accept children under the age of 18 with a negative COVID-19 test, the company said on Friday.

“Returning to the Caribbean … marks the measured beginning of the end of what has been a uniquely challenging time for everyone,” said Lisa Lutoff-Perlo, chief executive officer of Celebrity Cruises, a division of Royal Caribbean.

Adventure of the Seas will homeport in Nassau, The Bahamas, with the itinerary also including stops in Cozumel, Mexico and Royal Caribbean’s own private island. Celebrity Millennium will homeport in Caribbean island St. Maarten.

Governments of The Bahamas and St. Maarten said the return to sailing could help boost their economies.

“The vaccines are clearly a game changer for all of us,” Royal Caribbean International Chief Executive Officer Michael Bayley said. — Reuters

Bria Homes completes 10 new projects

REAL ESTATE developer Bria Homes has completed ten new residential projects in key locations around the country.

In a statement, the company said it completed Bria Homes communities in Magalang in Pampanga; Norzagaray in Bulacan; General Trias and Trece Martires in Cavite; and Calamba and San Pablo in Laguna.

Bria Magalang touts its proximity to Clark International Airport, while the Bria projects in General Trias and Trece Martires are located near commercial centers in Cavite.

The 22-hectare Bria Calamba project is located in Barangay Bañadero, near heritage sites, hot springs resorts, retail establishments, hospitals and schools.

Bria Homes also finished the developments in General Santos in South Cotabato; Panabo and Tagum in Davao del Norte; and Dumaguete in Negros Oriental.

The projects in Tagum and Panabo are situated near major agro-tourism sites.

“We envision a day where all Filipinos will have access to a BRIA community, enjoying the comfort, peace, and quiet it offers no matter what the future may bring. For now, we excitedly welcome Bria’s prospective homeowners to our newly completed developments and look forward to further expansion through the years,” Rizalito “Red” J. Rosales, president and CEO of Bria Homes, said.

New infrastructure from the government’s Build, Build, Build program “will soon make domestic travel even easier for current and future Bria homeowners,” the Villar-led company said.

Bria Homes is a subsidiary of publicly listed company Golden MV Holdings, Inc.

Gov’t fully awards T-bills at higher rates

THE GOVERNMENT made a full award of the Treasury bills (T-bills) it auctioned off on Monday even as rates continued to climb across the board, with investors still worried about faster inflation.

The Bureau of the Treasury (BTr) raised P20 billion via the T-bills on Monday as total bids reached P64 billion, making the offering over three times oversubscribed. The demand seen yesterday was also higher than the P42.43 billion recorded at last week’s auction.

The Treasury also opened its tap facility to raise another P5 billion from the one-year securities as the increase in the tenor’s rate was marginal.

Broken down, the BTr borrowed P5 billion as planned via the 91-day papers, with total tenders reaching P12.572 billion. The three-month papers fetched an average rate of 1.336%, higher by 10.4 basis points (bps) than the 1.232% seen last week.

The Treasury also raised P5 billion as programmed from the 182-day instruments as the tenor attracted P22.638 billion in bids. The six-month papers’ average yield climbed by 19.1 bps to 1.718% from 1.527% previously.

Lastly, the government made a full P10-billion award of the 364-day T-bills it offered on Monday from total tenders of P28.798 billion. The one-year securities were quoted at an average rate of 1.997%, inching up by 0.7 bp from the previous week’s rate of 1.99%.

“Rates continue to creep up with lingering concerns on higher inflation,” National Treasurer Rosalia V. de Leon said in a Viber message to reporters after the auction.

A bond trader shared the same view, but noted that T-bill rates are still lower than the country’s inflation print.

“The market sees the need for the government to borrow more since less economic activity means lower revenue collections. And right now, the government will likely be able to borrow short term as there’s not much demand for long-end tenors,” the trader said via Viber.

Headline inflation stood at 4.7% in February, picking up from 4.2% in January and 2.6% in February 2020, the government reported earlier this month. It was also the fastest pace since the 5.1% print in December 2018.

Year to date, February inflation settled at 4.5%, already beyond the Bangko Sentral ng Pilipinas’ (BSP) 2-4% target for the year.

BSP Governor Benjamin E. Diokno said earlier this month that the central bank is not inclined to tighten monetary policy yet as they see the uptick in inflation as “temporary,” with pressures coming from the supply side.

The Monetary Board will meet to review its policy settings on Thursday.

On Tuesday, the Treasury is looking to raise P30 billion from reissued 10-year Treasury bonds (T-bonds) which have a remaining life of nine years and three months.

It wants to raise P160 billion from the local bond market this month, broken down into P100 billion in T-bills to be offered weekly and P60 billion via fortnightly auctions of T-bonds. — Beatrice M. Laforga

Sky Fiber upgrades broadband plans

SKY CABLE Corp. has upgraded its home internet subscription plans as the pandemic resulted in more customers working or studying remotely and needing faster internet speeds.

“Subscribers will continue to have broadband plans from Sky that are affordable but in addition get faster speeds that will entirely meet their needs,” said Claudia Suarez, Sky’s consumer products group head, in a statement.

For a P999 monthly fee, subscribers can get up to 20 megabits per second (Mbps) from the previous speeds of 5Mbps or 10Mbps. The upgrade is also available in the other Sky Fiber unlimited broadband plan options such as its highest speed plan, which was previously at 150Mbps but has now leveled up to 200Mbps for the same price of P3,499 monthly.

“Sky Fiber’s internet plans were designed to assist Filipino households to cope with their combined demand for remote work, e-learning, online entrepreneurship, or content streaming,” Ms. Suarez added.

A plan at 40Mbps is priced at P1,499 per month, while a plan at 80Mbps is priced at P1,999 per month.

Alan Supnet, Sky’s head for consumer broadband products, said in a Zoom press launch on March 19 that Sky Fiber is “set to change the game with the challenges in the new normal.”

“With the challenges that we still face today in relation to the ongoing pandemic, we in Sky realized the importance of home internet in our daily activities. Our consumers always say that, ‘Internet is life.’ And we clamor for a reliable provider that can give them a good balance between internet speeds and price,” he said.

Sky Fiber is also offering unlimited broadband plus HD cable bundle speed plans of up to 120Mbps. For P2,999 a month, subscribers can get to smoothly stream online videos with a speed of 120Mbps from a previous speed of 60Mbps, while also having access to over 60 cable channels.

Sky Fiber also introduced the Sky Evo, a digital box that offers access to over 190 Sky cable channels, 5,000 downloadable apps, and pre-installed content streaming apps such as iWantTFC, HBO GO, YouTube, Prime Video, and Spotify.

Jose Joevel Rivera, who heads the research and product development division, said the Evo box is able to support the changing needs of customers.

“It is the first Android TV-based set to be launched in the Philippines that can support both cable, IPTV and OTP. We realize that customer-watching behavior is changing and they keep on switching from live television to on-demand,” he said.

The Sky Fiber “super speed” plans are available in Metro Manila, Bulacan, Rizal, Cavite, Laguna, Batangas, Cebu, Dumaguete, Bacolod, Iloilo, and Davao.

Baguio, Gen. Santos, and Zamboanga can experience fiber-fast speeds of up to 80Mbps. — Michelle Anne P. Soliman