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Oscars nominee Sound of Metal puts rare spotlight on deaf culture

RIZ AHMED in the film Sound of Metal (2019) — IMDB.COM

LOS ANGELES — Paul Raci, nominated for an Oscar for playing a drug abuse counselor who has lost his hearing in Sound of Metal, said the most common response he receives from deaf people about the film is “how cool you show a bunch of deaf addicts.”

“That sounds a little strange,” Mr. Raci said in an interview, “but they’re just happy that you’re showing them in a light that makes them normal, like you and I. They have the same struggles.”

Advocates hope that praise for Sound of Metal, one of the best picture contenders at Sunday’s Academy Awards, and other films will lead to more movies featuring people with disabilities.

Hollywood’s under-representation of women, Black people and others has faced scrutiny in recent years. Movie studios and the Academy of Motion Picture Arts and Sciences, the group that awards the Oscars, have taken steps to increase their presence in front of and behind the camera.

Activists have pushed to make those efforts also include people with disabilities of all types. In the 100 highest-grossing films of 2019, just 2.3% of speaking characters were shown with a disability, according to the University of Southern California’s Annenberg Inclusion Initiative.

That percentage, far below the 26% of US adults with a disability, had not budged in five years.

“Hollywood still has a long way to go,” said Lauren Appelbaum, vice-president of communications at RespectAbility, a nonprofit group that advocates for people with disabilities.

The only deaf actress to win an Oscar was Marlee Matlin, for 1986’s Children of a Lesser God.

This month, Hollywood stars, including Amy Poehler and Naomie Harris, signed a letter urging studios to hire disability officers to push for inclusion on and off screen. The effort was led by a talent agency that represents disabled artists and athletes.

Sound of Metal stars Riz Ahmed as Ruben Stone, a drummer who suddenly loses his hearing. Four years into recovery from addiction, Stone goes to a sober-living community for deaf people that is run by Mr. Raci’s character, named Joe.

Mr. Raci, 73, grew up with deaf parents and said his first language was American Sign Language. Before Sound of Metal, he was working as a sign-language interpreter and acting at Deaf West Theater in Los Angeles, which incorporates spoken English and sign language in its productions.

The filmmakers encountered some criticism, including from the National Association of the Deaf, for casting two actors with hearing — Ahmed and Raci — in lead roles instead of deaf actors.

Several others in the cast were deaf.

Mr. Ahmed has been nominated for best actor for his performance in the film.

Mr. Raci said his background in deaf culture helped him play the role, and he hopes Sound of Metal will open doors for deaf actors. “There’s plenty of deaf actors, tons of them that are talented, that deserve to work,” he said.

Also in the Oscars race are best documentary contender Crip Camp, about the disability rights movement, and short film Feeling Through starring deaf and blind actor Robert Tarango.

“People who have never known anything about the deaf-blind community come out of it feeling an actual personal connection,” director Doug Roland said. “That’s the power of cinema.”

RespectAbility connects producers and writers with people with disabilities to inform their portrayals and provides input on scripts. The group has worked with Walt Disney Co., Netflix, Inc., NBCUniversal and others.

Ms. Appelbaum’s team consulted on a dozen projects in 2019, and 70 in 2020, she said. Some writers sent scripts back multiple times for feedback.

“More and more we can tell that the people we’re working with are asking us not just to check off a box that they had the script reviewed, but because they really want to get it right,” she said.

The increased interest “does give me hope that in the next few years we’re going to see a lot of other really great films,” she added.

One highly anticipated movie is scheduled to hit theaters in November. Disney’s Marvel Studios will introduce the first deaf superhero in one of its action-movie spectacles when deaf actress Lauren Ridloff plays Makkari, a character with super speed, in Eternals. — Reuters

2GO net loss expands as crisis hits freight, passenger volumes

FACEBOOK.COM/2GOTRAVEL/

2GO Group, Inc.’s net loss for 2020 widened from a year earlier, owing primarily to the combined effects of weaker freight volumes and fewer passengers amid travel restrictions.

In a disclosure to the stock exchange on Thursday, the listed company, which operates as an integrated transportation and logistics provider, reported an attributable net loss of P1.84 billion for 2020, compared with the previous year’s P890.35 million.

Revenues fell 18.7% to P17.41 billion from P21.41 billion previously.

Broken down, freight revenue decreased 9.97% to P3.03 billion, travel revenue dropped 77.57% to P839.14 million, revenue from logistics and other services fell 13.14% to P5.83 billion, while the goods segment saw a 1.55% growth to P7.72 billion.

Cost of services and goods sold declined 14.24% to P16.86 billion in 2020.

“The pandemic depressed consumer confidence and demand, which in turn weakened the business volumes overall, affecting all our businesses,” 2GO Group President and Chief Executive Officer Frederic C. Dybuncio said.

“These challenges notwithstanding, the group remained steadfast on its multi-year journey of asset consolidation, organizational rationalization, operational optimization, and specialization. This exercise has not only brought cost efficiencies across the group, but also created a stronger operational foundation for the future,” he added.

2GO Group shares closed 1.62% lower at P8.50 apiece on Thursday. — Arjay L. Balinbin

Def Jam releases first EP in Rekognize series

Def Jam PH Artists (L-R) VVS Collective, JMara, DonWilson, SCYE, Eurieka, Fateeha, Tommie King, Tiffany Lhei, J-Nine

HIP-HOP scene record label Def Jam Philippines has brought together 129 artists and 14 music producers for its Rekognize EP series. The project involves the release of four EPs within the year.

The first one, titled Nite N’ Day, was released on April 16. It features lead singles “Beautiful Day” by Mike Swift, D-Coy, Alisson Shore, kiyo, and Mark Beats, which dropped earlier this year; and “Atin Ang Gabi” by Al James, Legit Misfitz, K24/7, and Calvin De Leon. The three other tracks are “H247,” “Solitaryo,” and “Pusuan Mo.”

“We look for artists that are creatively genuine, amazingly talented, world-class and have a great character and good working attitude, humble but confident, and can have a long-lasting and fruitful relationship together with our team,” Allan Mitchell “Daddy A” Silonga,  A&R (Artists and Repertoire) Senior Manager of Def Jam Philippines, said in a statement.

“Music doesn’t seem to have many boundaries anymore,” Senior Vice-President, A&R Def Jam US, Marisa Pizarro said during an online press conference held via Zoom on April 15. “We got to collaborate and lift each other up, so I think projects like this help expand our reach.This is just the start of many things to come.”

Def Jam Philippines is introducing new artists through the Rekognize EP series, including the rap group VVS Collective, known for their melodic trap and mumble rap style; 13-year-old rapper Tiffany Lhei; SCYE, a lyrical rapper from Bulacan;  20-year-old R&B singer-songwriter DonWilson from Batangas; 17-year-old rapper and songwriter Eurieka from Caloocan; rapper and songwriter Tommie King; R&B singer J-Nine; 17-year-old rapper and singer-songwriter Fateeha; and rapper and singer-songwriter from Quezon Province, JMara.

Launched in 2019, Def Jam Philippines is part of the Def Jam Southeast Asian division, along with Singapore, Malaysia, Indonesia, Vietnam, and Thailand. Def Jam Philippines is a division of MCA Music, Inc.

“We launched Def Jam in Southeast Asia [back in 2019]  because everyone knows hip-hop is a culture. Hip-hop is a universal language that we can actually enjoy together,” Managing Director of MCA Music Philippines, Enzo Valdez said.

“One of our big goals is to tour the artists around Southeast Asia once we can, so that they can be appreciated. The unity that we’re trying to [achieve] in the Philippines, [then] later on, it [will be] unity between Southeast Asian countries. And then from there, we’re going to bring it to the world,” Mr. Valdez said.

While concerts and touring are still taking a back seat because of the ongoing pandemic, Def Jam Philippines plans to mount online performances within the year as the subsequent EPs in the project are released.

Listen to the Rekognize EP at DefJamPH.lnk.to/EP1Rekognize. —  Michelle Anne P. Soliman

Discovery Hospitality to launch Kip & Kin brand in Palawan, Siargao

DISCOVERY World Corp.’s property management firm Discovery Hospitality Corp. (DHC) announced developments of lifestyle and “millennial-focused” brand, Kip & Kin, and other properties.

“With these properties in our plans, we are getting more excited to cater to a lot of travelers, whether the traditional ones or the more adventurous type,” Discovery Hospitality Senior Vice-President and Head of Sales and Operations Cathy Nepomuceno said in a statement on Thursday.

The concept of the Kip & Kin brand combines a hotel and hostel business in a single property. Discovery Hospitality named Palawan’s El Nido and San Vicente, and Siargao as some of the project locations.

Hotel rooms will be tailored for families, while the hostel located at the lower levels of the establishment will be designed for travelers “who wish to gather and meet new friends.”

Kip & Kin El Nido will be located at Vanilla Beach. It will face shopping center The Shoppes right in front, a full view of El Nido’s hillside, the seas, a rooftop pool, bar, and lounge area.

The El Nido resort is expected to open in June 2022, with 117 hotel rooms and 84 hostel beds.

Meanwhile, the San Vicente resort will be an “integrated tourism destination project” with 42 hotel rooms, 136 hostel beds, and two signature restaurants.

“The 165,000-hectare area is populated by local and indigenous people, embraces responsible and sustainable development standards, and will be open to private initiatives for the construction of resorts, hotels, and nature-focused amenities,” Discovery Hospitality said.

Kip & Kin Siargao will be located along General Luna near Cloud 9. The project aims to host “avid surfers and thrill-seekers” in its 34 hotel rooms, 48 hostel beds, and beverage outlets.

Discovery Hospitality said talks with resort developers regarding management contracts are ongoing with third-party resort owners for the Manami Resort in Visayas and a Mindanao project to be named Discovery Samal.

“These projects are part of the pipeline to reach different types of markets and unique experiences in unique destinations,” Discovery Hospitality said.

Shares of Discovery World at the stock exchange went down by 1.39% or P0.05 to close at P3.55 each. — Keren Concepcion G. Valmonte

Cinemalaya changes focus because of COVID-19

SINCE existing health protocols to cope with the ongoing coronavirus disease 2019 (COVID-19) pandemic have made it impossible for the filmmakers of the 2020-2021 batch of the film festival to complete their films on time, Cinemalaya has had to re-think its direction and strategy in order to remain significant while continuing to fulfill its mission of discovering, encouraging, supporting, training and recognizing gifted Filipino independent filmmakers.

This includes the creation of the Cinemalaya Film Lab, a three-month-long film-laboratory mentorship program — conducted entirely online — which will be held from September to November this year, for filmmakers joining its 2023 edition.

The film lab will bring together resource persons from different aspects of filmmaking — from scriptwriting, directing, cinematography, performance, editing, production design, sound, music, production management to promotion strategies. By doing this, Cinemalaya hopes to expand the festival’s Main Competition to include feature-length documentaries while encouraging filmmakers to focus on subject matters that capture the heart of the Filipinos. Cinemalaya likewise encourages submissions that combine different genres (“multi-genres”) and even “multimedia” (live action with animation or purely animation).

At the same time, it intends to prioritize film concepts that are workable or manageable to produce.

To learn the requirements to join the film lab, interested parties can visit www.culturalcenter.gov.ph or www.cinemalaya.org. Entries can be sent through this link http://bit.ly/Cinemalaya2023EntryForm or to the Film, Broadcast and Media Arts Division of the Cultural Center of the Philippines, Roxas Blvd., Pasay City.

Deadline for submission of entries is at 6 p.m. on June 11.

BPI net profit down 21.6% in Q1

BANK OF THE Philippine Islands (BPI) booked a lower net profit in the first three months of the year due to a decline in revenues caused by lower net interest income.

The lender is moving forward under the leadership of its new President and Chief Executive Officer Jose Teodoro “TG” K. Limcaoco and plans to ramp up digitalization, expand its retail and small business portfolio, and veer away from financing coal projects, with the lender also looking into bidding for the retail business of Citigroup, Inc. in the Philippines.

The bank’s net income stood at P5 billion in the first quarter, it said in a filing with the local bourse on Wednesday. This is lower by 21.64% from the P6.381 billion booked a year earlier, based on BPI’s financial report for the first quarter of 2020.

BPI’s revenues slipped 1.5% to P24.3 billion last quarter as net interest income fell 6.5% to P16.9 billion, with net interest margin dropping by 31 basis points to 3.31%.

Meanwhile, non-interest income rose 12.1% to P7.4 billion, boosted by higher fees from its bancassurance, asset management, transaction banking, and investment banking businesses.

The bank’s credit book dropped 5% to P1.4 trillion as of March from a year earlier amid softer loan demand across all products except for mortgage (10.9%) and microfinance (10.5%), which registered growth.

Its nonperforming loan (NPL) ratio stood at 2.76%, while NPL coverage ratio was at 123.5%.

With the drop in credit, BPI’s loan loss provisions declined by 12.7% to P3.6 billion from the P4.1 billion it set aside in the first quarter of 2020.

On the other hand, BPI’s total deposits stood at P1.7 billion. The bank said its current account, savings account (CASA) deposits rose by 11.9%, offsetting the 34.4% decline in time deposits. Its CASA ratio and loans-to-deposit ratio stood at 82.6% and 81.6%, respectively.

Meanwhile, operating expenses incurred by the bank in the first three months of 2021 slipped by 2.3% to P11.8 billion. This caused BPI’s cost-to-income ratio to improve to 48.6% from 49% in the same period a year ago.

The bank’s assets were nearly flat at P2.2 trillion, while total equity rose to P280.8 billion.

BPI’s common equity Tier 1 ratio and capital adequacy ratio at end-March were at 16.6% and 17.5%, respectively, both above the minimum regulatory requirements. Its return on equity and return on assets were at 7.2% and 0.93%, respectively.

TARGETS
BPI’s annual stockholders’ meeting held virtually on Wednesday marked the transfer of the bank’s leadership to Mr. Limcaoco from former president and CEO Cezar P. Consing, who had headed BPI since 2013.

Mr. Limcaoco, who was Ayala Corp.’s chief finance officer prior to his new role at BPI, said he will continue the commitment of his predecessor to push the bank’s digitalization.

“What this means to me is that we need to invest in technology. We need to make our digital tools available for each and every customer…[and] to give access to digital tools to even non-customers,” Mr. Limcaoco said.

He added that they want to make their credit book “more inclusive” by increasing the share of retail and small business loans in their portfolio.

“I’ve always thought of myself as a retail banker, as a consumer banker. What we want to do is to continue to push our leadership in those two segments and make sure we serve more customers and provide more products,” Mr. Limcaoco, who also headed BPI Family Savings Bank and BPI Capital Corp., said.

Mr. Limcaoco and Mr. Consing both noted the bank’s target to beef up its sustainability efforts.

“It is our intent to achieve zero coal in line with the Paris Agreement target of 2037 for non-OECD Asia. In fact, we believe that we will be able to half the amount of our outstanding coal loans by the end of 2026,” Mr. Consing said.

The bank also expressed interest in bidding for the retail segment of Citi Philippines following its parent Citigroup’s announcement of its exit from the business in 13 Asia-Pacific markets.

Mr. Limcaoco said they find Citi Philippine’s retail portfolio very “complementary” for BPI and said some people have already reached out to them about this.

“We have told them that as soon as they have the information, to send us the information and we will take a look at it. Most likely, we will be interested, to be honest,” he said.

BPI’s shares closed at P82.20 apiece on Thursday, up by 10 centavos or 0.12% from the previous day. — L.W.T. Noble

MerryMart to launch MBOX Smart Lockers

MERRYMART.COM.PH

MERRYMART Consumer Corp. is planning to launch smart lockers under a new venture called MBOX, which aims to roll out 5,000 self-service lockers with full-time accessibility by 2030.

The MBOX business will be the first unit under MerryMart’s consumer technology portfolio.

“We believe that MBOX will improve Filipinos’ online purchase experience and give consumers, couriers and merchants a more convenient, efficient, and secure alternative of delivering and receiving packages,” Edgar “Injap” J. Sia II, chairman of MerryMart, said in a statement on Thursday.

Like post office boxes, packages may be collected and dropped off via MBOX Smart Lockers at the customer’s or the delivery personnel’s convenience.

Receivers will be notified of their package deliveries through pick-up code, which will be sent through a mobile text message or a notice from a mobile app available for iOS and Android.

Sending packages and returns may be processed through the MBOX App, which will also include MBOX Smart Locker pick-up options to prevent people from getting their orders simultaneously.

“MBOX Smart Lockers would enable couriers to become more efficient and deliver more parcels in the same amount of time as seen in countries with an already established Smart Locker network,” the company said.

Multiple parcels may be delivered to one location in one go. The lockers would also eliminate the need for in-person contact.

“This pandemic has seen a record rise in deliveries and has highlighted the need for a contactless, efficient, green delivery alternative,” Mr. Sia said.

MerryMart Chief Financial Officer Hannah Yulo-Luccini pointed out how companies such as Grab, foodpanda, GCash, PayMaya, Lazada, and Shopee have made use of consumer technology, eventually making their way to become part of everyday life.

“We have also seen both their respective market share and revenues grow exponentially. We see MBOX to enhance and complement this inevitable evolution and further widen MerryMart’s revenue streams,” Ms. Yulo-Luccini said.

MerryMart will launch an initial 100 MBOX Smart Lockers in cities, MerryMart branches, commercial centers, LGU halls, condominiums, subdivisions, and office buildings in Metro Manila.

“We envision MBOX to soon be a must-have in practically each and every strategic spot in the country,” Mr. Sia said.

MerryMart shares at the stock exchange declined by 2% on Thursday to close at P5.38 apiece from P5.49. — Keren Concepcion G. Valmonte

BRIT music awards to host 4,000-strong audience in UK pilot event

LONDON —  Some 4,000 people will attend the BRIT Awards next month, in what organizers of Britain’s pop music honors said would be the first major indoor music event with a live audience as the country emerges from coronavirus disease 2019 (COVID-19) lockdown.

The ceremony, to be held on May 11 at London’s O2 arena, will form part of the UK government’s Events Research Program, looking at whether major events can take place in closed environments without social distancing. This means audience members, of which 2,500 will be key workers who will be gifted tickets, will not have to wear face masks inside the arena but will have to provide proof of a negative lateral flow test result to enter the venue. They also have to take a test after the ceremony and provide contact details as part of the country’s COVID test and trace system.

“This has been a long tough year for everyone and I’m delighted the night will honor the key worker heroes who have cared for us so well during that time and continue to do so,” singer Dua Lipa, who is nominated for four awards, said in a statement. “They are quite simply an inspiration. The BRIT Awards are always special and this will truly make it a night to remember.”

Ms. Lipa is among several singers who will perform at the event, the first live music show at the O2 in more than a year.

Like elsewhere, COVID-19 pandemic shut down music events with live audiences in Britain. Under Prime Minister Boris Johnson’s phased roadmap out of lockdown, entertainment venues can re-open their doors next month. — Reuters

Sun Life, Prudential top life and non-life insurers in 2020

FREEPIK

Sun Life Canada (Philippines), Inc. and Prudential Guarantee & Assurance, Inc. (PGA) were named as the top life and non-life insurance companies, respectively, in terms of premium income last year, the Insurance Commission (IC) reported on Thursday.

Based on the unaudited quarterly report on selected financial statistics submitted by firms, the IC said Sun Life posted the highest premium income among life insurers at P39.27 billion, while PGA booked P4.55 billion in net premiums to top the non-life sector in 2020. The two insurers also claimed the top spots in 2019.

“[Net premium written] represents how much of the premiums non-life insurers get for assuming risks,” Insurance Commissioner Dennis B. Funa said in the statement.

LIFE INSURERS
For the life insurance sector, Philippine Axa Life Insurance Corp. recorded the second-highest net premiums with P31.27 billion, followed by Pru Life Insurance Corp. of UK with P30.98 billion; the Philippine American Life and General Insurance Co. (Philam Life), with P16.77 billion; and BPI-Philam Life Assurance Corp. with P16.30 billion. 

The rest of the top 10 firms were the Manufacturers Life Insurance Co. (Phils)., Inc. (P15.88 billion); Allianz PNB Life Insurance, Inc. (P15.76 billion); BDO Life Assurance Co., Inc. (P15.14 billion); FWD Life Insurance Corp. (P13.64 billion); and the Insular Life Assurance Co., Ltd. (P10.37 billion).

Sun Life Philippines also remained at the top spot in terms of net income with P8.47 billion, followed by Philam Life with P4.52 billion, Manulife with P4.05 billion, Pru Life UK with P3.27 billion, and AXA Philippines with P2.83 billion.

Rounding out the top 10 were Insular Life (P2.7 billion), BPI-Philam Life (P1.43 billion), Sun Life Grepa Financial, Inc. (P958.09 million), United Coconut Planters Life Assurance Corp. (P674.22 million), and Manulife Chinabank Life Assurance Corp. (P382.85 million).

Meanwhile, Philam recorded the highest assets at P291 billion, followed by Sun Life Philippines’ P274 billion, AXA Philippines with P142 billion, Insular Life with P141 billion, and Pru Life UK’s P117 billion.

“The combined net worths of the top ten (10) life insurance companies accounted for a remarkable 87.04% of the industry’s entire net worth as of year-end 2020, amounting to P214.1 billion,” Mr. Funa added.

NON-LIFE SECTOR
Meanwhile, Malayan Insurance Co. Inc., posted a net premium income of P4.08 billion last year, the second biggest in the sector after PGA. This was followed by the Pacific Cross Insurance, Inc. with net premiums written of P3.32 billion; Pioneer Insurance & Surety Corp. with P2.97 billion; and BPI/MS Insurance Corp. with P2.82 billion.

The rest of the top 10 non-life insurers in terms of premiums were Charter Ping An Insurance Corp. (P2.64 billion); Mercantile Insurance Co., Inc., (P2.04 billion); Commonwealth Insurance Co. (P1.79 billion); FPG Insurance Co., Inc. (P1.69 billion); and Standard Insurance Co., Inc. (P1.51 billion).

In terms of net worth, Pioneer Insurance registered the highest at P17.42 billion, followed by Malayan Insurance (P4.44 billion); BPI/MS Insurance (P4.21 billion); Standard Insurance (P3.49 billion); and Philippines First Insurance Co. (P2.41 billion).

Meanwhile, Pioneer Insurance posted the highest assets in the sector in 2020 at P39.84 billion, followed by Malayan Insurance with P34.97 billion, PGA with P20 billion, BPI/MS Insurance with P15.3 billion and Charter Ping An Insurance with P11 billion.

Mr. Funa said the combined net worth of the top 10 non-life insurers reached P42.56 billion last year, making up 43% of the P98.44 billion net worth of the entire sector. — BML

Union opposes police clearance requirement for DoLE dealings

PHILSTAR

THE Philippines’ largest union said a police clearance requirement for transacting with the Department of Labor and Employment (DoLE) would represent an “added burden” for workers, hindering the resolution of labor cases.

In a statement Thursday, the Associated Labor Unions-Trade Union Congress of the Philippines (ALU-TUCP) said the proposal, made by the head of the Philippine National Police (PNP), Debold M. Sinas, involves obtaining a National Police Clearance to conduct dealings with DoLE.

“From the looks of it, the proposed police clearance in DoLE transactions would further delay the injustice among aggrieved workers and would drive away those seeking redress in DoLE’s conciliation, mediation and dispute resolution and workplace inspection processes and many other services,” according to ALU-TUCP National Executive Vice-President Gerard R. Seno.

Adding a bureaucratic layer to these processes will mean additional costs for workers. Mr. Seno said industrial peace processes are necessary “to make our economy productive and competitive.”

A letter dated March but released to the public this week outlined the PNP proposal. On Wednesday, Labor Secretary Silvestre H. Bello III was quoted as saying in a news report that the proposal is under consideration.

Other labor groups have expressed opposition to the police clearance requirement, including the Bukluran ng Manggagawang Pilipino, the Kilusang Mayo Uno and the Nagkaisa Labor Coalition. — Gillian M. Cortez

Vista Land income declines by 45%

VISTA Land & Lifescapes, Inc. reported a consolidated net income of P6.4 billion, 45% lower than the P11.6 billion generated in 2019 due to the pandemic.

“The past year truly challenged our ability to move forward despite the presence of a global health crisis. However, it even proved to be one of our most innovative years yet as we accelerated our digital transformation to reach and to better serve our clients,” Vista Land Chairman Manuel B. Villar, Jr. said in a statement on Thursday.

The company’s consolidated revenues dropped by 26% to P32.7 billion from P44.4 billion.

Vista Land said rental revenues from its commercial business dropped by 7%, without disclosing specific figures.

The property developer launched P5-billion worth of residential projects in the last quarter of 2020, ending the year with a launch value of P10 billion.

“We are glad to have witnessed the sustained uptrend of our reservation sales registering 37% growth since the second quarter of last year and are looking at 2021 with optimism following the resilient overseas Filipino remittances in 2020 and its projected growth of up to 4% this year,” Mr. Villar said.

The company’s capital expenditures totaled to P24.6 billion for the year, while total consolidated assets as of the end of December amounted to P284.1 billion.

“Vista Land will continue to capitalize on its geographic reach as the demand and preference of affordable housing located outside Metro Manila continues to be seen. We are also looking at increased foot traffic with the start of the vaccination rollout this year,” Mr. Villar said.

Meanwhile, Vista Land’s leasing business was able to improve its operational gross floor area (GFA) to 95% as most of its tenants were deemed essential.

“We also added over 90,000 square meters of GFA for our leasing business, mostly commercial centers as we took advantage of the captive demand of our residents,” Manuel Paolo A. Villar, president and chief executive officer of Vista Land, said.

On Thursday, Vista Land shares at the stock exchange slumped by 0.27% or P0.01 to close at P3.68 each. — Keren Concepcion G. Valmonte

‘Who will play me?’: Boy George launches casting search for biopic

Boy George — DEAN STOCKINGS / EN.WIKIPEDIA.ORG
Boy George — DEAN STOCKINGS / EN.WIKIPEDIA.ORG

LONDON —  British singer Boy George launched a casting search on Tuesday, looking for an actor to portray him in a music biopic set to start filming this summer.

The Culture Club frontman, whose real name is George O’Dowd, took to social media to make the announcement. In a video he said Line of Duty actor Daniel Mays would play his father, and added teasingly “there’s rumors of Keanu Reeves popping in.”

“I’m very excited to announce the movie of my life and Culture Club called Karma Chameleon will be shot this summer in London and around the world,” he said. “There’s only one problem, and it’s quite major —  who is going to play me? We’re looking for a brave young actor, from anywhere in the globe, to take on the role of his life.”

The film, written and directed by Sacha Gervasi, will follow the singer’s “humble beginnings in an Irish working-class family, through his rise to the top of the international charts with Culture Club,” according to a press release. — Reuters