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Jenelyn Olsim raring to face Jihin Radzuan anew

JENELYN OLSIM — ONE CHAMPIONSHIP

JENELYN OLSIM will always be a go-getter through and through.

And with another opportunity arising, the Team Lakay rising star is seizing the opportunity as she steps back inside the ONE Circle at “ONE: BAD BLOOD” on 11 February in Singapore.

Ms. Olsim reacquaints herself with Jihin “Shadow Cat” Radzuan in a women’s atomweight fight that is three months in the making.

The two fighters were supposed to fight at “ONE: NEXTGEN II” last November in an alternate bout in the ONE Women’s Atomweight World Grand Prix until changes had to be made.

Ms. Olsim stepped up in place of the injured Itsuki “Android 18” Hirata in the Grand Prix semifinal, as she valiantly fought Ritu “The Indian Tigress” Phogat on short notice, losing via unanimous decision.

The changes, unfortunately, left Ms. Radzuan without a match.

Curiously, Ms. Olsim once again steps in the place of Ms. Hirata, who was originally intended to meet Ms. Radzuan in this card but had to pull out due to injuries.

Ms. Olsim’s focus, however, is on Ms. Radzuan now as she hopes to put into work the lessons she got from her last fight against Ms. Phogat in her quest to become a more complete fighter.

Daring as her move to take the fight in such a short time frame, Ms. Olsim also pointed out that she wouldn’t change it for the world as she has gained another perspective in fighting here at ONE — a blessing in disguise all the more in the leadup to this match against another capable striker like the Malaysian Ms. Radzuan.

The clash between Ms. Olsim and Ms. Radzuan will be part of a loaded undercard for ONE: BAD BLOOD, which will be headlined by the heated rivalry between fellow Brazilians Bibiano “The Flash” Fernandes and John “Hands of Stone” Lineker for the ONE Bantamweight World Championship.

Shakey’s starts employee COVID-19 booster shot program

SHAKEY’s Pizza Asia Ventures, Inc. has launched its coronavirus disease 2019 (COVID-19) vaccine booster shot program for its fully vaccinated employees as well as their dependents.

All employees of its company-owned stores have been fully vaccinated against COVID-19, Shakey’s said. It also procured vaccine booster doses with another Po-led listed company, Century Pacific Food, Inc.

“The health and safety of our employees and our guests remain paramount,” Shakey’s President and Chief Executive Officer Vicente L. Gregorio said in a statement on Wednesday.

“With the Omicron variant’s high degree of transmissibility, we have made it our imperative to implement vaccination and boosting to continuously protect our people and community,” he added.

Shakey’s said the COVID-19 vaccine booster shots will be administered for free for employees, as well as for employee dependents. The company said it will also provide support for its suppliers’ personnel.

As pandemic regulations shift according to the country’s COVID-19 situation, Shakey’s assures its customers that it can readily adapt to capacity restrictions after putting in place “strategic pivots.”

This includes adopting operational efficiencies and improving the company’s off-premise business.

“We built smaller stores aimed at delivery and carryout, launched a new and improved delivery app, and rolled out our 31-minute delivery guarantee anywhere in Metro Manila,” Mr. Gregorio said.

Despite the pandemic, the company was able to launch 31 stores last year, exceeding its 30-store target.

Shakey’s also reassigned employees to ensure that they are only 30 minutes away from their assigned stores for the health and safety of their personnel and to minimize disruption of operations.

Shakey’s shares on the local bourse declined 0.95% or nine centavos on Wednesday to close at P9.41 apiece. — Keren Concepcion G. Valmonte

Dining In/Out (01/27/22)

Kenny Rogers Roasters’ Chipotle Spicy Roast and Ribs

KENNY Rogers Roasters gets hot and fiery this month with the Chipotle Spicy Roast and Ribs. The chicken and ribs are roasted and grilled to an orange-golden brown with spices on the surfaces. To elevate the juicy roasted chicken and ribs, the meat is cooked with smoked hot chili taste and aroma balanced with herbs and spices. Complementing it are two new sauce options: the Salsa Caliente to bring the spice to the next level, and the Salsa Verde to balance and cleanse the palate with its citrus flavors. Customers can choose between Chipotle Spicy Roast (P320) Solo B Plate which includes a quarter chicken or the Chipotle Spicy Ribs (P525) Solo B Plate which comes with half slab rib. Both come with two side dishes, java rice, a muffin, and the two new sauces. Kenny Rogers Roasters also offers the Chipotle Spicy Roast Group Meal (P1,130) which includes a whole roast chicken, and the Chipotle Spicy Ribs Group Meal (P1,915) which comes with a whole slab rib. Both options come with the Salsa Verde and Salsa Caliente, java rice, four side dishes and muffins, and 1.5 liters of Coke. Customers can add the new Creamed Corn side dish. To complete the Mexican fiesta experience, customers can also avail the Grilled Tortilla as an add-on for P20. The Chipotle Spicy Roast and Ribs are available at Kenny Rogers Roasters nationwide for dine-in, takeout, or delivery through Kenny Rogers Roasters website (www.kennyrogersdelivery.com.ph), the hotline (8-555-9000), or via Grab Food and Food Panda.

Krispy Kreme introduces new Original creations

KRISPY KREME opened 2022 with a fresh slate of Original creations which are available for a limited time only. These include fun proportions of its best-selling doughnuts, the return of a new DUOghnut, and a unique take on a staple campfire treat. Following the success of its Original Glazed bites, Krispy Kreme has now introduced Minis — bite-sized versions of its doughnuts. Starting at P215, Minis are sold in boxes of 16 and are available in the following flavors: Original Glazed, Dark Chocolate Glaze, Chocolate Sprinkles, and Strawberry Sprinkles. Available until Feb. 28.T hen there are the over-the-top Choco Overload DUOghnuts, made in partnership with Hershey’s and Nestlé. There are the Hershey’s S’mores — an unglazed dark chocolate doughnut drizzled with vanilla icing and rich dark chocolate, topped with crushed and chopped grahams, mini marshmallows, and Hershey’s dark chocolate chips; and the Double Choco Crunch — an unglazed dark chocolate doughnut spread with chocolate crunch icing, overloaded with chopped red chocolate lentils and Nestlé Crunch, and then finished-off with a milk chocolate drizzle. They are available until Feb. 15 and priced at P59 each. The Choco Overload DUOghnuts are available by the piece, in a box of six, or a dozen. Krispy Kreme also has a new limited-edition drink: the Hershey’s S’mores Chiller. This iced-blended drink is made with a kreme base, Graham biscuits, double chocolate syrup, and sea salt kreme around the cup’s wall, topped with whipped cream and Hershey’s chocolate bar and milk chocolate syrup. The Hershey’s S’mores Chiller is a part of Krispy Kreme’s celebration of “All Things Chocolate” that runs until March 31 and is headlined by the Chocolate Chocolate Chiller. The new Minis, Choco Overload DUOghnuts, and Hershey’s S’mores Chiller are available for a limited time only at participating Krispy Kreme stores.

Tip-Top offers chicken for home cooking

C-JOY– CARGILL Philippines’ joint venture with Jollibee –launches Tip-Top’s “Easy and Tasty,” a selection of marinated chicken for the use of home cooks. Tip-Top Chicken originated in 1958 as a family business serving roasted and fried chicken in Nicaragua and has grown since then. Today, Tip-Top’s “The Easy Choice!” Chicken is available worldwide. With the option of taking home fresh or flavored chicken, home cooks are able to create different recipes and use a variety of cooking methods to produce versatile dishes. Tip-Top Chicken is also available in premium quality choice cuts — drumstick, wings, breast, thigh — and as a whole fiesta size dressed chicken or the selection of “Easy and Tasty” marinated versions that makes preparing meals easier. It is already seasoned with flavors like “hot & spicy” and coming this April, sweet BBQ, allowing beginner cooks to deliver restaurant-grade meals from the comfort of their home kitchens. Tip-Top Chicken is manufactured in the C-Joy Plant in Sto. Tomas, Batangas. The facility has been accredited by the National Meat Inspection Service as an AAA Production Facility — the highest accreditation of its kind. Tip-Top’s chicken products are available at supermarkets, FrozenMNL and Zagana. It is also offered in local wet markets, meat shops and community reselers.

Panda Express offers new Honey Sesame Chicken entrée

AMERICAN Chinese dining concept Panda Express is welcoming the New Year with a new entrée: Honey Sesame Chicken. Available for a limited time only, the Honey Sesame Chicken is made with thin, crispy strips of all-white meat chicken (raised without antibiotics) and tossed with fresh-cut string beans, and crisp red bell peppers. It is coated in a honey sauce and topped off with sesame seeds. Starting Jan. 29, Honey Sesame Chicken will be available across all Panda Express stores for dine-in, take out, and delivery through order.pandaexpress.com.ph, GrabFood, and foodpanda. To get more information about Panda Express, visit www.facebook.com/PandaExpressPH/ (Facebook) and @PandaExpressPH (Instagram).

YouTube will explore NFT features for creators

YOUTUBE is exploring features for its video creators to capitalize on non-fungible tokens (NFT), its chief executive officer said on Tuesday, becoming the latest tech company to tap into a digital collectibles craze that has exploded in the past year.

“We’re always focused on expanding the YouTube ecosystem to help creators capitalize on emerging technologies, including things like NFTs, while continuing to strengthen and enhance the experiences creators and fans have on YouTube,” wrote YouTube CEO Susan Wojcicki in a letter on the company’s 2022 priorities.

NFTs are a type of digital asset which exist on the record-keeping technology blockchain. They have seen a surge in popularity over the last year, with people buying artwork and video highlights from sports games as NFTs.

Sales of NFTs reached some $25 billion in 2021, according to data from market tracker DappRadar, although there were signs of growth slowing toward the end of the year.

A spokesperson for Alphabet, Inc.’s YouTube declined to share more details about the potential NFT features, which were first reported by Bloomberg News.

Last week, Twitter, Inc. announced the launch of a tool through which users can showcase NFTs as hexagonal profile pictures. The Financial Times reported this month that Meta Platforms, Inc. was working on ways to let users create and sell NFTs on Facebook and Instagram. In December, Instagram head Adam Mosseri said the company was exploring NFTs.

The popular short video app TikTok in September ventured into the craze, announcing an NFT collection designed by some of its top creators.

Reddit Inc. has also been exploring the space: recent job listings from the company on LinkedIn advertised for several engineer roles for a “rapidly growing team that aims to build the largest creator economy on the internet, powered by independent creators, digital goods, and NFTs.” — Reuters

Sibol launches nationwide search for different esports titles

SIBOL, the bemedaled Philippine esports squad, has kickstarted its own preparation for the 31st Southeast Asian (SEA) Games in Hanoi, Vietnam this May with registration and tryout for national team selection of different esports titles.

Powered by SMART Communications, Inc., Sibol on Wednesday launched its nationwide search for players in Arena of Valor, Free Fire, League of Legends and FIFA Online after beginning the national tournament for other events last week.

One of those is the gold medal-favorite Mobile Legends: Bang Bang (MLBB), which the country dominated in 2019 when esports was launched here as an official SEA Games medal event.

Sibol is already in the second phase of the MLBB national team selection process with eight squads left led by world champion Blacklist International, Onic Philippines and SMART Omega Esports,

Apart from MLBB, Sibol also ruled Dota 2 and StarCraft II in the last SEA Games edition on its way to the overall championship with three gold, one silver and one bronze medals.

Dota 2 and StarCraft II, however, are not included this time in Hanoi games that will feature a total of eight esports titles.

Still, hopes are high for an overall title repeat bid of Sibol under the supervision of Philippine Esports Organization (PESO) as the country’s national esports association. — John Bryan Ulanday

Performance of Philippine Agriculture (Q4 2021)

PHILIPPINE AGRICULTURAL output contracted by 1.7% in 2021, despite growing by 0.6% in the last three months, the statistics agency said on Wednesday. Read the full story.

Performance of Philippine Agriculture (Q4 2021)

How PSEi member stocks performed — January 26, 2022

Here’s a quick glance at how PSEi stocks fared on Wednesday, January 26, 2022.

NGCP needs about 1,800 MW in firm contracts for full coverage

By Marielle C. Lucenio

THE National Grid Corp. of the Philippines (NGCP) said it currently has firm contracts amounting to 809.3 megawatts (MW), and needs 1,776.7 MW more to fully cover the grid’s reserve requirements, though it considers itself adequately covered if non-firm contracts are counted.

The NGCP’s firm contract estimates were made in a Dec. 29 letter to the Department of Energy (DoE).

“If you have noticed, we are over contracted if you consider the non-firm contracts,” NGCP Assistant Vice-President and spokeswoman Cynthia D. Perez-Alabanza told BusinessWorld in a Viber message on Wednesday.

The grid operator has 2,807.2 MW worth of non-firm contracted capacity, which costs less than firm contracts because generators charge more to fully commit their power on a standby basis. The NGCP has said that full coverage on a firm-contract basis will cause power prices to rise.

The DoE said on Tuesday that rotating blackouts are possible on two key dates on the Luzon grid within two weeks after the May 9 elections.

“We have separate firm and non-firm contracts because the need is not constant, so why buy the maximum required?” Ms. Perez-Alabanza said.

At a news conference on Tuesday, the DoE pressed the NGCP to make all its contracts for power reserves — known as ancillary services — firm contracts to present a clearer picture of the available power reserve level.

“We have to dissociate the requirement for ancillary services from the energy market so the distributing utilities know that there’s a supply that’s not available,” the DoE’s Electric Power Industry Management Bureau Director Mario C. Marasigan said at a virtual briefing.

The DoE, Ms. Perez-Alabanza said, has always taken the position that power supply issues can be addressed through firm contracting of ancillary services.

“It’s not. What’s lacking is the supply and not the power for balancing the supply,” she added.

Ms. Perez-Alabanza added: “When you don’t have enough power, NGCP is not going to hold on to these capacities.”

Nevertheless, the grid operator is in the process of converting more of its contracts to firm, though Ms. Perez-Alabanza said the DoE must issue “clarification(s)” with regard to its policies.

“They did not take into account the variable nation of ancillary service needs, and the existing contracts which NGCP is also duty bound to honor. At any rate, we are complying and we’ve already applied for the approval of several firm contracts with the Energy Regulatory Commission,” she said.

Maynilad expects water service interruptions to continue into February

BW FILE PHOTO

MAYNILAD WATER Services, Inc. said that the ongoing water service interruptions in its concession area will last until Feb. 15, citing unusual levels of sediment being taken in by a processing plant on Laguna de Bay.

“Our first concern is that the water we service must pass the standards of drinking water,” Maynilad Head of Water Supply Operations Rolando C. Padua said in a television interview.

“What’s been happening these past weeks is that the strong winds from turbulent weather have been directed towards our plant, causing sediment from the bed of Laguna Lake to affect the turbidity levels of our water,” he added.

On Monday, the regulatory office of the Metropolitan Waterworks and Sewerage System said it launched an investigation into the prolonged water service interruptions at the Putatan Water Treatment Plant in Muntinlupa.

“It just so happened that there are multiple external factors affecting our capacity to treat water,” Mr. Padua said.

Maynilad cited factors like the weather, low levels at Angat Dam, and the upcoming dry season as hampering its operations.

“The volume of water we are able to produce at the plant has decreased because we have to secure the quality of water,” he added.

The water concessionaire said it is working on multiple projects to improve its efficiency, from upgrading its filtration systems to installing new treatment processes. 

It is currently working on the construction of a third water treatment plant, which will be ready for commercial operations by 2023. 

“Slowly, our water production is going back to normal. We are actually grateful to our regulators, because they can give us a chance to explain what is going on in our plants and what augmentation work we are doing to (reduce) the impact on our customers,” Mr. Padua added.

Maynilad serves Metro Manila’s west zone, which supplies water to over 230,000 commercial and residential customers. — Luisa Maria Jacinta C. Jocson

Congress approves bicameral committee report on vaping regulation

REUTERS

THE bicameral conference committee report on a bill seeking to regulate vaporized nicotine products was approved by the Senate late Tuesday and by the House of Representatives on Wednesday.

Senate President Pro Tempore Ralph G. Recto, who led the Senate contingent to the bicameral session reconciling the House and Senate versions of the bill, presented the conference committee report harmonizing House Bill 9007 and Senate Bill 2239.

“This bill is meant to regulate Vaporized Nicotine Products, Non -Nicotine Products and Novel Tobacco Products. It is expected to encourage the shift from smoking unhealthy cigarettes to these alternative, less harmful products,” he said during the plenary session.

“This bill was never intended to (encourage people to) adopt a new lifestyle (particularly) minors who are prohibited from having access to these products,” he added.

Separately, the House, sitting in plenary session, approved the bicameral report, according to video of the session streamed on social media.

Under the consolidated measure, the term novel tobacco products, which was adopted from the House version, will refer to “all non-combusted substances in solid or liquid form, and innovations, either made partly of tobacco leaf as raw material or containing nicotine from tobacco intended to be used as a substitute for cigarettes or other combusted tobacco products.”

Thirty days after the effectiveness of the measure when it becomes law, the Health department will be required to issue a template with guidelines on the illustrations, design, and information required to appear on the graphic health warning on the product packaging. This will apply to all such products, whether manufactured in the Philippines or imported and introduced in the domestic market.

A provision adopted from the Senate version bans markings or characters that are likely to appeal to persons under 18 years of age, such as cartoons, personalities, and the like.

A provision that was added at bicameral level bans medicinal or therapeutic claims in marketing materials or packaging unless approved by the Food and Drug Administration.

Violators face a maximum fine of P20,000. If a minor is caught selling, buying, or using such products, the minor will be required to participate in a Social Welfare department in an intervention program, which can include counseling sessions with their guardian.

The maximum fine for manufacturers, distributors or retailers is P400,000, imprisonment of up to three years, or both, if they do not verify the customer’s age or follow the rules on display and product communication restrictions. — Alyssa Nicole O. Tan, Jaspearl Emerald G. Tan

Slow internet, caps on foreign equity seen deterring FDI

POOR INTERNET connectivity is keeping foreign investors away, as are restrictions on foreign equity and the high cost of doing business, the Department of Finance (DoF) said.

The DoF was citing a report by investment promotion agencies (IPAs) to the Fiscal Incentives Review Board. The IPAs also noted that the effects of the coronavirus disease 2019 (COVID-19) pandemic have also had an impact on business activity in economic zones.

“Some investment promotion agencies also stated the lack of basic utilities and quality internet connectivity as a hindrance to investment,” the DoF said in a statement on Wednesday.

Philippine mobile internet speeds improved in December, climbing one place to 89th out of 138 countries in a global ranking by Ookla, the network testing company behind Speedtest.

Median download speeds for mobile internet increased to 19.20 megabits per second (Mbps) in December from 18.68 Mbps a month earlier. Meanwhile, mobile upload speeds slipped to 5.60 Mbps from 5.64 Mbps.

“To address the restrictions (on) foreign equity, the Duterte administration has strongly supported the amendments to the Public Service Act, Retail Trade Liberalization Act, and Foreign Investment Act, which will responsibly open up our economy to more foreign investment that will benefit our people in the form of more quality jobs, products, and services,” Finance Secretary Carlos G. Dominguez III said.

“This, by the way, will also help investors and Filipino families have access to faster and more reliable internet connections. That is why it is critical that we liberalize the telco industry.”

Mr. Dominguez added that the government will continue to roll out COVID-19 vaccines. The government plans to fully vaccinate 77 million Filipinos by the end of the first quarter.

“The vaccination of our people against COVID-19 will allow us to remove the pandemic as a determinant of how the Philippine economy performs and allow more businesses to confidently invest in the country,” he said.

Foreign direct investment (FDI) net inflows in the first 10 months of last year hit $8.1 billion, up 48.1% from a year earlier, according to the central bank. — Jenina P. Ibañez

‘Green’ business growth to ultimately depend on economic motives as awareness broadens — DTI

WORLD ECONOMIC FORUM

THE Department of Trade and Industry (DTI) said participation in the green economy will ultimately depend on the viability of such businesses, though opportunities are growing because of growing public awareness of sustainability issues.

Trade Secretary Ramon M. Lopez said during a webinar on Wednesday that a ready market exists for green and recycled products, with consumers becoming more aware of the need for zero-waste living.

“The basic incentive is to make (green businesses) economically rewarding to all participants in the so-called value chain. So far, there is money for all from the collectors, sorters, the trading of these products, and bringing it to where it would be processed and recycled,” Mr. Lopez said.

Mr. Lopez said micro, small, and medium enterprises (MSMEs) can also look into tapping solar energy to power their businesses.

“If MSMEs can start looking into solar energy as their (power) source, those with small operations, can put up solar panels so at least they can reduce their dependency on coal-based electricity and try to be independent (from the power grid),” Mr. Lopez said.

“There are different models right now for small solar infrastructure. You can scale it up if there are many SMEs in the area, you can also talk of a solar infrastructure grid,” he added.

Mr. Lopez added that MSMEs can focus on fast-moving consumer goods (FMCG) if they go down the route of adopting green practices under a “circular economy” approach.

The circular economy aims for sustainability by designing products optimized for sharing and recycling, eliminating waste.

“You can’t get easily into green technologies but at least the FMCGs can start with the circular economy models and adopt alternative materials, modern technology in their production processes that will produce more with fewer materials, less water, and less power,” Mr. Lopez said.

“Why FMCGs? Because their products have the widest reach, consumer use, (with) products going into the community. It has the fastest velocity and frequency of use and thus can have the strongest influence on consumer behavior. Their influence is bigger,” he added.

Crispian N. Lao, founding president of the Philippine Alliance for Recycling and Materials Sustainability, said at the webinar that circular economy models need to be applicable locally.

“The opportunity is there for inclusive growth among all sectors. When the bigger companies design packaging and develop locally, these types of packaging can now be made available even to MSMEs,” Mr. Lao said.

“Education is key for us to instill in youth and consumers and the general population, the importance of managing your waste,” he added. — Revin Mikhael D. Ochave

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