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Ballet Philippines ends the year with three online performances

FOR the yearend celebration of the company’s 52nd Season, Ballet Philippines (BP) is offering three online performances: Ancient World by BP’s guest choreographer John McFall; She’s So Heavy, choreographed by BP’s guest artist Joseph Phillips, and Abstract, choreographed by BP’s Artistic Director Mikhail Martynyuk.

The performances, which can be viewed at https://ballet.ph/on-our-stage/ancient-world-shes-so-heavy-abstract/, were done in collaboration with the Yuchengco Museum.

“We are offering these three productions as our Christmas presents, as a way to show our heartfelt thanks and appreciation to you, our audience, for your steadfast support that is keeping ballet alive,” BP President Kathleen Liechtenstein said in a statement.

As is the way most things are done during the ongoing coronavirus disease 2019 (COVID-19) pandemic, the choreographers and dancers sharpened their skills via Zoom.

“Despite [the fact] that we still have some restrictions, we managed working quickly and effectively. It wouldn’t be possible without artistic discipline of the BP dancers,” Mr. Martynuk said during the dances’ premiere on Dec. 23 via Facebook Live.

In a statement, Mr. Martynuk described his dance “as a juxtaposition of different modern dance movements, highlighted by different styles of music.”

Set to the musical piece “In the Hall of the Mountain King” by Edvard Grieg, Abstract features BP core dancers Jemima Reyes, Denise Parungao-Phillips, Joanne Sartorio, and Ramona Yusay. The performance showcases abstract paintings by National Artists H.R. Ocampo and Jose Joya, and images of the Yuchengco Museum’s interiors.

The hunger of dancers to be involved in a creative process was the inspiration for She’s So Heavy. “It is a testament to the indomitable spirit of dancers struggling under the weight of the COVID-19 pandemic,” Mr. Phillips said about the inspiration behind the performance.

She’s So Heavy is danced to the Beatles song, “I Want You (She’s So Heavy).” The performance is led by Parungao-Phillips, Reyes, Rudolf Capongcol, and Aldrian Ocampo.

Ancient World is a memory and reflection of another time and place,” Mr. McFall said, describing his dance. The performance represents humans’ simpler lives, being in touch with nature, and respect of our ancestors’ knowledge in the community.

Ancient World features music by Philip Glass, and the performance is led by BP core dancers Parungao-Phillips and Ocampo.

“We spent a lot of time reflecting on what matters to us — our poetry, our emotions, our feelings… and reflecting on how each of us can contribute,” Mr. McFall said.

To learn the dances, the dancers shared their spaces for rehearsals over four weeks.

“Those were vital pieces to try to build on something” Mr. McFall said. “We did not want to do what was familiar. We wanted to discover new ways to express ourselves through movement.

“The spirit and the sense of being enabled to discover new and more ways to creatively shape a piece of choreography into something that’s fluid and tells a story will continue to grow,” he said. — Michelle Anne P. Soliman

Banks miss lending quota for agriculture, agrarian sectors

BW FILE PHOTO

LENDERS were not able to meet the required credit for the agriculture and agrarian (agri-agra) reform sectors in the July-to-September period, based on central bank data.

Banks disbursed loans worth P804.17 billion in the third quarter for the two sectors, according to preliminary data released by the Bangko Sentral ng Pilipinas (BSP).

In the same period, total loanable funds stood at P7.493 trillion.

With the 10% agrarian reform and 15% agriculture credit required under Republic Act 10000 or the Agri-Agra Reform Credit Act of 2009, the minimum credit allocation was at P1.124 trillion.

Broken down, credit allocation for the agrarian reform sector amounted to P68.932 billion, which is only 0.92% of banks’ total loanable funds. This is well below the 10% quota.

Credit to the sector disbursed by big, thrift, and rural banks stood at P55.042 billion, P3.053 billion, and P10.837 billion, respectively. All have failed to meet the minimum required lending.

Meanwhile, compliance for the agriculture sector amounted to P735.241 billion or 9.81% of banks’ total loanable funds. This is short of the 15% minimum requirement.

Big, thrift, and rural banks did not meet the quota with financing to the sector during the period amounting to P700.148 billion, P16.944 billion, and P18.149 billion, respectively.

The central bank earlier said lenders pay about P2 billion on average in penalties every year since 2011 due to their noncompliance with the Agri-Agra law.

BSP officials have been pushing for amending the measure to include loans in the agricultural value chain as part of compliance with the quotas. This would include distribution, manufacturing, processing, and manufacturing, which are part of the agribusiness production chain.

In March, BSP issued Circular 1111 which allowed credit for activities that cover converting an agricultural product from raw material to its consumption form as part of the agri-agra compliance. It is seen as an interim measure while the law has yet to be amended.

House Bill 1634, which provides for the expansion of eligible agri-agra loans, was passed on third reading in March 2020 and was transmitted to the Senate. Its counterpart bill remains pending at the committee level. — Luz Wendy T. Noble

Toyota applies as local maker of light commercial vehicles

REUTERS

TOYOTA MOTOR Philippines Corp. (TMPC) is applying as a new domestic producer of mobility light commercial vehicles, according to the Board of Investments (BoI).

BoI said in a notice on Thursday that TMPC is applying for registration for these vehicles at an annual capacity of 18,337 units under Republic Act No. 11534 or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act.

It added that the application is under the heading “Preferred Activities – All Qualified Manufacturing Activities including Agro-Processing” of the 2020 Investment Priorities Plan (IPP) as the transitional Strategic Investment Priority Plan. 

“Any person with valid objection/s to the above-mentioned project may file his/her objection in writing, under oath, with the BoI within three days from the date of this publication/posting,” the notice said.

A recent joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed that TMPC still has the largest vehicle market share for the January-November period, at 48.27% or 116,165 units sold.

TMPC was followed by Mitsubishi Motors Philippines Corp. with 13.91% or 33,483 units sold, and Ford Motor Co. Phils., Inc. at 7.5% or 18,154 units sold.

For the 11-month period, vehicle sales reached 240,642 units, higher by 22.7% versus 196,197 units posted in the similar period in 2020, the joint report said.

In November alone, total vehicle sales increased 14% to 26,456 units from 23,162 units in the same month a year ago. — Revin Mikhael D. Ochave

From Chicago to West Side Story, how to successfully adapt a musical from stage to screen

STEVEN SPIELBERG’s West Side Story

THE SECOND HALF of 2021 is proving to be a peak time for movie musical-goers, with the release of critically acclaimed In the Heights, disastrously received Dear Evan Hansen, and Steven Spielberg’s hotly anticipated West Side Story.

These films lead to reflection on one of the stranger sub-genres of film history — the musical stage-to-screen adaptation. To film a stage show (as in the recent professionally shot films of Hamilton and Come from Away), or merely to create bigger stage sets in a studio (there are many examples of this, from Guys and Dolls to The Producers) is not truly to adapt a musical to film.

Instead, adaptors should use the tools unique to film to re-interpret the musical in this different medium.

To help us through the vicissitudes of adaptation, here is an idiosyncratic list of a few DOs and DON’Ts.

DO USE REAL LOCATIONS CREATIVELY
Location shooting is a frequent tool used to enhance the realism of film musicals, but placing the un-realism of song and dance in a real place can backfire and create an uncanny valley. Locations are best used in a super-realistic way.

A successful recent example of this is In the Heights. Director Jon Chu and his production team shot much of the film in Washington Heights in Manhattan, but in a way that the neighborhood seems a natural place for music-making: very careful lighting, color-timing, and the occasional unobtrusive effects shot lift the story out of the mundane.

See also: Fiddler on the Roof, Jesus Christ Superstar, and On the Town.

In the number “When the Sun Goes Down,” lovers Benny and Nina begin singing naturalistically on a fire escape, but then a set on hydraulics, green screen, and “magic hour” lighting come together to enable a gravity-defying dance across the rooftops and walls of the apartment buildings.

DON’T GHETTOIZE ALL OF THE MUSICAL NUMBERS TO A STARK DREAMLAND COVERED IN ARTISTIC SCAFFOLDING
Counter to the previous guideline about using real locations for musical numbers, some film musicals go too far in the opposite direction.

Two musicals directed by Rob Marshall, Chicago and Nine, puzzlingly use the same solution to try and hedge their bets: the dialogue scenes happen in realistic locations (1920s Chicago and 1960s Rome, respectively) but the musical numbers are relegated to their characters’ internal fantasies, which in both cases means studio-like settings that allow for dancers to be placed in aesthetically pleasing formations.

This strategy gets the filmmakers out of having to bridge the gap between speech time and music time, but the narrative innovations of both shows are smoothed out on screen. That makes for a less interesting filmgoing experience.

The exception that proves the rule here is Cabaret, in which director Bob Fosse removed all of the “book” songs and kept only those performed in the titular cabaret.

Through innovative intercutting and montage the cabaret songs pervade the whole texture of the film, however, resulting in one of the most “musical” of all musicals.

DO FIX PROBLEMS WITH THE DRAMATIC UNFOLDING OF THE SOURCE MATERIAL
Show Boat was the first stage musical to attempt a truly epic form, covering 20 years of story time and locations all along the Mississippi River.

In 1927, stage mechanics had not caught up with librettist Oscar Hammerstein II and composer Jerome Kern’s ambitions, and the musical, brilliant and groundbreaking as it was, suffered from overlength and a dramatically clumsy second act. The production team fixed these issues in the 1936 film version, as the technologies of montage, dissolve, and cross-cutting that were possible on film allowed for a more effective unfolding of time and place.

The 1965 film version of The Sound of Music similarly fixes problems in the stage version; another epic musical, the stage version feels hemmed-in and stifled.

It is allowed to breathe on film, and the songs are moved around to better reflect what they are actually about (“My Favourite Things” on stage is sung by the Mother Abbess to cheer up Maria before she leaves the convent!)

See also: Hair, Hairspray, and Tick Tick Boom.

DON’T ADAPT A MUSICAL TO FILM THAT DIDN’T WORK ON STAGE
Poor Alan Jay Lerner. After the extraordinary success of the film version of My Fair Lady, Lerner attempted film adaptations of three of his other musicals that had been less successful on stage.

Camelot, which had a healthy run on Broadway because of its star actors (Julie Andrews, Richard Burton, and Robert Goulet), its Oliver Smith production designs, and a few excellent songs, rather more than for its unconvincing storyline and structure, was a natural for screen adaptation. But non-singer stars (Richard Harris, Vanessa Redgrave, and Franco Nero), unconvincing plot revisions, and dull direction by Joshua Logan caused it to be an inert behemoth on screen.

Lerner tried again with Paint Your Wagon in 1969, based on a much earlier stage musical that had been only mildly successful with a few hit songs (notably “They Call the Wind Maria”). But once more, non-singer stars (Lee Marvin, Clint Eastwood, and Jean Seberg), unconvincing plot revisions, and dull direction by (again!) Joshua Logan resulted in yet another inert behemoth.

Third time was not a charm, with On a Clear Day You Can See Forever. This time the stars were singers: Barbra Streisand and Yves Montand. Unfortunately, their talents were hidden by another poorly revised screenplay and, unlike the other two films, this one could have used more of everything, especially music.

Writing this has made me realize that successful stage-to-screen adaptations are quite rare. For every Cabaret there are two Annies and a Man of La Mancha. Spielberg’s new West Side Story will be the first musical he has directed in his long career, and musical-lovers everywhere are optimistic that he will do this classic musical justice.

I merely hope that the only scaffolding to be found is on the fire escapes of 1950s Manhattan!

 

Gregory Camp is a Senior Lecturer at the University of Auckland.

PHL net external liability improved as of September

THE COUNTRY recorded a slimmer net external liability position as of September, amid the pickup in the central bank’s reserve assets.

The international investment position (IIP) of the Philippines was at $21.1 billion as of September, based on preliminary data from the Bangko Sentral ng Pilipinas (BSP). This is lower by 7.3% than the $22.7 billion in net external liability seen as of June.

However, the net external liability position was twice (104%) the $10.3 billion seen as of end-September 2020.

The IIP takes stock of a country’s financial assets and liabilities.

Based on central bank data, the country’s external financial liabilities rose by 0.7% to $166.2 billion as of end-September from $165 billion as of end-June.

The BSP said the boost in the special drawing rights (SDRs) allocation to the country from the International Monetary Fund (IMF) pushed the country’s external financial liabilities higher. This was also supported by the 5.5% growth in non-residents’ investments in debt instruments issued by their local affiliates worth $47.3 billion, the central bank added.

To recall, the Philippines received $2.8 billion in SDR in August as the IMF sought to help countries recover from the coronavirus pandemic.

The BSP said other sectors accounted for nearly two-thirds of these financial liabilities.

“The expansion was attributable to the 5.5% and 8.2% increases in the stock of debt instruments and debt securities issued by local corporations, which settled at $47.3 billion and $10.3 billion, respectively,” the central bank said.

Meanwhile, external financial assets rose 0.8% to $111.4 billion as of end-September coming from $110.8 billion at the end of the previous quarter. Its growth was faster than the rise in external financial liabilities.

Nearly half (46.7%) of the external financial assets are reserve assets held by the BSP.

Direct investments in the form debt instruments and equity capital made up 15.5% and 12% of the external financial assets. Meanwhile, 12.9% are portfolio investments in the form of debt securities. — Luz Wendy T. Noble

Telcos expand service restoration to more Vis-Min areas

MOBILE NETWORK services have been restored to more areas in Visayas and Mindanao, such as Negros Island.   

In an advisory on Thursday, Globe Telecom, Inc. said its services have been fully restored in Negros Occidental and 21 municipalities in Negros Oriental have mobile connection once again.

Globe said it deployed “Tower on Wheels” for backup connectivity in Cebu as it works in the area. Mobile network services in most of Cebu’s cities and municipalities have been restored.

Meanwhile, Globe has restored network services in three new municipalities in Palawan, namely: Araceli, Dumaran, and San Vicente.

In a separate statement, PLDT, Inc. said its wireless services in Visayas have been restored in 91% of areas, while 67% of its fixed services are back up.

PLDT’s wireless services in Palawan are 83% restored, while 90% of fixed services are up again. Meanwhile, Dinagat Islands and Surigao del Norte were named as the company’s “remaining sites for major repairs.”

“PLDT and Smart [Communications, Inc.] engineers are on last mile restoration activities in Mindanao where wireless services are up in more than 98% of the region while fixed services near full restoration at 99%,” the company said.

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. — Keren Concepcion G. Valmonte

Entertainment News (12/31/21)

CLARA BENIN

Season 2 of Muni-Muni Stories podcast in January

THE Muni-Muni Stories podcast, co-produced by the Filipinas Heritage Library (FHL) and Podcast Network Asia, will launch its second season on Jan. 3. In this new season, heavyweights in the film industry will talk about the official soundtracks (OSTs) in Pinoy movies. The season kicks off with a discussion of the classic dance-themed film, Hataw Na! (1995). The song “Hataw Na!” was a 1990s collaboration between Gary Valenciano and Jungee Marcelo. It lent its title to the movie written and directed by award-winning writer and director, Jose Javier Reyes, which was a celebration of youthful expression through dance moves. “It is a perfect fit for the second season because [Hataw Na!] has three art forms intersecting: film, dance, and music,” said Sofia Santiago, host of Muni-Muni Stories and FHL’s Associate Manager and Curator for Partnerships, Programs, and Exhibitions. Also in the season’s line-up are Glaiza De Castro, Antoinette Jadaone, Armi Millare, and JP Habac, among others. Muni-Muni Stories Season 2 will be available on Spotify, Apple Podcasts, Google Podcasts, and other podcast streaming platforms starting on Jan. 3. Follow Filipinas Heritage Library and Podcast Network Asia on Facebook, Twitter, and Instagram for more updates.

Star Cinema movies for free on YouTube

MORE movies from Star Cinema can be viewed for free on the studio’s YouTube channel. Added to the list of films available are two Olivia Lamasan romance-dramas: Milan, starring Claudine Barretto and Piolo Pascual, and The Mistress, starring Bea Alonzo, John Lloyd Cruz, Hilda Koronel, and Ronaldo Valdez. Other films that can be viewed on the YouTube channel are classics such as Tanging Yaman starring Johnny Delgado, Edu Manzano, Dina Bonnevie, and Gloria Romero; Dekada ’70 starring Vilma Santos and Christopher De Leon; and Isusumbong Kita sa Tatay Ko… starring Fernando Poe, Jr. and Judy Ann Santos.

GMA7 launching Mano Po spin off TV show

FROM the big screen to primetime TV, the highly successful Mano Po film franchise lives on as GMA Network and Regal Entertainment present the TV series, Mano Po Legacy: The Family Fortune. Set to premiere on Jan. 3, the series revolves the consequences of the unexpected death of a business tycoon and leader of a prominent Chinese-Filipino clan. The drama series features an ensemble cast led by Boots Anson-Roa as Consuelo Chan, the matriarch of the Chan family who’s very protective of the family’s reputation; Sunshine Cruz as Christine Chan, Consuelo’s intelligent and driven daughter and the person behind the success of the business empire; Barbie Forteza as Steffy Dy, Christine Chan’s street-smart assistant; and Maricel Laxa as Valerie Lim, the manipulative and scheming common-law wife of Consuelo’s only son. Mano Po Legacy: The Family Fortune premieres on Jan. 3, 9:35 p.m. after The World Between Us on GMA Telebabad.  

Clara Benin releases new single

AFTER gaining recognition in the Southeast Asian region with the release of “Suara Hati,” a reimagining of her 2015 acoustic ballad in Bahasa Indonesia, Filipino singer-songwriter Clara Benin is releasing a brand new single “blink.” The song features Gabba Santiago on drums and electronic musician The Ringmaster on production duties. The song is available on all digital music platforms via OFFMUTE.

Season 2 of Netflix’s Bridgerton kicks off in March

NETFLIX has announced that the second season of Shondaland and creator Chris Van Dusen’s popular show Bridgerton will premiere on March 25. The second season follows Lord Anthony Bridgerton (Jonathan Bailey), the eldest of the Bridgerton siblings, as he sets out to find a suitable wife. Driven by his duty to uphold the family name, his search for a debutante who meets his impossible standards seems ill-fated until Kate (Simone Ashley) and her younger sister Edwina (Charithra Chandran) Sharma arrive from India. When Anthony begins to court Edwina, Kate discovers the true nature of his intentions — a true love match is not high on his priority list — and decides to do everything in her power to stop the union. Across Grosvenor Square, the Featheringtons must welcome the newest heir to their estate while Penelope (Nicola Coughlan) continues to navigate the town whilst keeping her deepest secret from the people closest to her. The series is inspired by Julia Quinn’s novels, which are set against the backdrop of Regency-era England.

New shows in HBO’s January lineup

HBO GO, HBO, Cartoon Network, and Warner TV welcome 2022 with new movie and series premieres this January. From the creators of Downton Abbey comes the new HBO Original Series, The Gilded Age, on Jan. 25, 10 a.m. Other premieres include the superhero stories in DC’s Naomi on Jan. 12, 9:50 p.m., and the action film Mortal Kombat on Jan. 29, 9 p.m. For family friendly fare there are the new series We Baby Bears on Jan. 8, 10:30 a.m., the prehistoric antics in The Croods: A New Age on Jan. 1, 9 p.m.; the iconic Yogi Bear in new cartoon Jellystone! On Jan. 22, 6 p.m.; and Scooby-Doo! Return to Zombie Island on Jan. 29, 1:30 p.m. There are also new seasons of The Righteous Gemstones, starting Jan. 10, 11 a.m., and Superman & Lois starting Jan. 12, 9 p.m.

Juico to contest POC decision

Philip Ella Juico

BELEAGUERED Philippine Athletics Track and Field Association (PATAFA) President Philip Ella Juico isn’t about to throw in the towel just yet when it comes to the issues concerning him and Tokyo Olympian pole-vaulter Ernest John “EJ” Obiena and the Philippine Olympic Committee (POC).

Mr. Juico stressed that he will contest the decision of the POC executive board which declared him persona non-grata on Tuesday for allegedly harassing Mr. Obiena, whom he had accused of allegedly falsifying liquidations concerning his Ukrainian coach Vitaly Petrov.

“Of course, we will fight it,” Mr. Juico told ANC’s After The Fact host Christian Guevarra on Wednesday night. “This is not within their jurisdiction, this is an intra-NSA (national sports association) issue, and under their own constitution, such are to be resolved first within the NSA.”

Mr. Juico said the PATAFA board came up with a board resolution calling the POC executive board decision invalid.

“We will contest that and we will go all the way wherever we need to go,” said the former Philippine Sports Commission chairman.

Mr. Juico said the POC executive board decision would need to get the nod of the POC general assembly first before it could be rendered final.

Eleven of the 14 POC executive board members made the verdict at a meeting at the East Ocean Palace restaurant in Parañaque upon the recommendation of its executive committee chaired by Patrick Gregorio of rowing.

The POC ethics committee reacted to a complaint filed by Mr. Obiena, who cited harassment as one of his reasons.

But Mr. Juico said they were just forced to act on the matter to protect PATAFA and government interests.

“I will ask — when somebody reports to you an alleged wrongdoing, whether an Olympian or a loser, what are you supposed to do? Am I not supposed to refer it to our people, unless I be accused of covering it up?” said Mr. Juico. “Ano pa ba dapat gawin (What else needs to be done), keep quiet? Is there a different law for Olympians and a different law for non-Olympians? ‘Di ba pantay-pantay ito (Aren’t we supposed to treat people equally)?” — Joey Villar

NLEX sends P1.5-M aid to typhoon-hit Visayas areas

NLEX Corp. donated P1.5-million worth of goods and construction materials in areas within Southern Leyte and Cebu as part of its efforts to help communities affected by Typhoon Odette.

The firm said in a statement on Thursday that it sent bottles of water, boxes of various canned goods, sacks of rice, box of noodles, blankets, and galvanized iron sheets to Maasin, Southern Leyte and P500,000 worth of relief packs to the local government units of Cebu and Cordova. 

“Amidst the holiday rush, we would like to give back and be a channel of blessing to others. This way, we can somehow alleviate the burdens of our fellowmen who are going through difficult times,” NLEX Corp. President J. Luigi L. Bautista said.

Further, the company said its NLEX Road Warriors basketball team also contributed by donating their Christmas budget worth P100,000 to the relief efforts of the Alagang Kapatid Foundation. 

Aside from distributing aid to typhoon-hit communities, NLEX said it distributed Christmas packages to 350 members of its host communities in Quezon City, Caloocan City, Valenzuela City, and Pampanga.

The company also provided Noche Buena packs to 150 Tullahan River volunteer cleaners and 200 Aeta families from Porac, Pampanga as part of the MVP Group’s holiday campaign.

It also organized a company-wide project where employees may donate toys for children in Bulacan orphanages.

NLEX Corp. is a unit of Metro Pacific Tollways Corp., which is the tollways subsidiary of Metro Pacific Investments Corp. (MPIC). 

MPIC is one of three key Philippine units of First Pacific, the others being Philex Mining Corp. and PLDT, Inc.

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. — Revin Mikhael D. Ochave

Duterte signs Department of Migrant Workers legislation into law

PHILIPPINE STAR/EDD GUMBAN

A BILL creating the Department of Migrant Workers (DMW), which will cater to the needs of overseas Filipino workers (OFWs) was signed into law by President Rodrigo R. Duterte on Thursday.

“The establishment of the Department of Migrant Workers happens on the celebration of Rizal day, when we honor not only the exceptional love of the country of Dr. Jose Rizal but also the patriotism, excellence, courage of our modern-day heroes, including our overseas Filipinos,” Mr. Duterte said during a Palace ceremony.

Republic Act 11641, An Act creating the Department of Migrant Workers, gathers all government agencies dealing with OFWs under one department, with the intent of simplifying the process of aiding overseas workers and issuing them documents.

The agencies to be reorganized into the DMW are the Philippine Overseas Employment Administration, the Department of Labor and Employment’s International Labor Affairs Bureau and all Overseas Labor Offices, the National Reintegration Center for OFWs, and the National Maritime Polytechnic.

The Office of the Undersecretary for Migrant Workers Affairs at the Department of Foreign Affairs and the Office of the Social Welfare Attaché of the Department of Social Welfare and Development will also be transferred to the new department.

Mr. Duterte had certified the measure as urgent in May. The Senate passed its version of the bill on Dec. 14, which was then adopted by the House of Representatives.

Senator Emmanuel Joel J. Villanueva, primary sponsor of the bill, called this department a “one-stop-shop” to make things more convenient for OFWs.

“Today, we make good on our promise for our OFWs to be treated better, with dignity befitting heroes who have kept the country’s economy afloat and their families who stay behind and bear the sacrifice of being apart with their parents and relatives,” Mr. Villanueva, who chairs the Senate labor committee, said in a Viber message to reporters on Thursday.

The DMW will have offices in every region to ease the processing of papers, the filing of complaints, and the provision of assistance. Adjudicators for OFW grievances will be deployed to the regional offices.

Mr. Villanueva said the passage of the law will reduce problems faced by OFWs, such as illegal recruiters, abusive employers, lack of reintegration services, and more.

“Now that the law has been signed, we must continue to press on to ensure the spirit of the law — to provide all the services needed by our OFWs under one roof — is fulfilled down to the last letter,” Mr. Villanueva said. “It must be as good as it is advertised.”

“More importantly, the DMW shall also continue to work with other agencies of government to ensure that jobs are created locally and that migration for work will always be an individual’s choice and not a necessity,” he added.

Under the law, a DMW Training Institute will also be established to train and capacitate personnel to handle OFW concerns, as well as conduct in-depth studies on migration and development trends. — Alyssa Nicole O. Tan

Remote learning, work seen to fuel online payments growth next year

DIGITAL PAYMENTS will continue to gain traction in 2022 amid blended learning and remote work, according to an analyst.

This growing digitalization also heightens the need for financial institutions to beef up their cybersecurity defense, said Swarup Gupta, an industry manager at The Economist Intelligence Unit.

“Distance learning and remote working will continue to drive the growth of e-commerce and, as a consequence, the adoption of digital payments,” Mr. Gupta said in an e-mail.

The Philippines is among the few countries in the world that still widely conduct remote learning, although a few institutions have trialed limited face-to-face classes.

Meanwhile, many employees remain under work-from-home arrangements, although some have started to report to their offices.

The central bank is hoping that 50% of payments will be done online by 2023. These digital transactions have risen to make up 20.1% of payments by value in 2020, much higher than the 10% in 2018 and the 1% in 2013, based on latest data from the Bangko Sentral ng Pilipinas (BSP).

“PESONet and InstaPay adoption will rise and digital banking usage will increase at a pace faster than the global average,” Mr. Gupta said.

The BSP on Wednesday announced a moratorium on fee hikes for person-to-person fund transfers made through InstaPay and PESONet to quicken the country’s transition to a cash-lite economy.

BSP Governor Benjamin E. Diokno said banking authorities would review the lifting of the moratorium either when digital payments reach 40% of all transactions by volume in the country or when they have issued pricing standard, whichever comes earlier.

PESONet is the electronic fund transfer scheme suitable for high-value transactions beyond P50,000 which is credited to the receiver by the end of a banking day. Meanwhile, InstaPay caters to low-value, real-time fund transfers for amounts below P50,000.

Meanwhile, Mr. Gupta urged financial institutions to further strengthen their guard to combat the rise of cybercrime incidents, which rose alongside faster adoption of online transactions.

“Financial services companies will have to raise their expenditure on cybersecurity and improve employee training and awareness program,” Mr. Gupta said.

He added that stringent background checks for incoming employees and adopting practices for exiting employees will help to ensure better cybersecurity standards. — Luz Wendy T. Noble

Stuff To Do (12/31/21)

GMA holds 2022 New Year Special

GMA Network will celebrate the new year with Kapuso Countdown to 2022: The GMA New Year Special, on Dec. 31 at 10:30 p.m. Alden Richards leads the network’s artists including prime actress Bea Alonzo, Christian Bautista, Garrett Bolden, Rayver Cruz, Rochelle Pangilinan, Mark Herras, Aicelle Santos, Hannah Precillas, Jessica Villarubin, Lexi Gonzales, Mavy Legaspi, Kyline Alcantara, and Julie Anne San Jose.

NCCA premieres Rizal’s Pen worldwide

THE NATIONAL Commission for Culture and the Arts (NCCA), through its Sentro Rizal sites, will hold a series of showings of Rizal’s Pen, a film by Nicolas B. Pichay in celebration of the 125th Anniversary of Jose Rizal’s death starting Dec. 29 until Jan. 1. The short film is about Patrick (played by AIR), who, while contending with life under quarantine, discovers the humanistic and liberating force of the works of Jose Rizal. Reading about Rizal’s life, Patrick realizes the genius in the man and his life in exile. Urian Best Actor 2021 Nanding Josef and Annie Luis appear in special cameo roles. For the screening schedules, visit https://www.facebook.com/NCCAOfficial

GMA News and Public Affairs presents’ yearend special

AS EVERYONE welcomes the new year on Jan.1, GMA News and Public Affairs will air its year-end special, Year of the Superhero, at 7:15 p.m. The show takes a look back on some of the heroic moments of 2021. Hosted by Dingdong Dantes and Marian Rivera, the show features international artist Leeroy New, award-winning children’s book author Augie Rivera, and acclaimed director Rico Gutierrez. Ms. Rivera walks viewers through the giant 3D art installation by New which was inspired by stories of ordinary citizens who lifted our spirits in 2021 including Filipino Olympic gold medalist Hidilyn Diaz, the nurses who saved 35 infants from a burning hospital, and the youth behind the community pantry initiative which made headlines this year. Year of the Superhero also looks back at the rescue of the survivors of the C-130 Hercules crash in Sulu, the news of a police officer who assisted a woman giving birth on the street in Capiz, as well as the viral story of the girl who rescued her pet dog from being hit by an oncoming train.

BGC holds fireworks shows

TO WELCOME 2022, Taguig City and Bonifacio Global City (BGC) invite the public to view the City Government of Taguig’s drone and fireworks display that can be seen all throughout the estate. This will be complemented by the community’s twinkling lights and variety of al fresco dining options. On Dec. 31, there will be simultaneous fireworks display in the following locations: 5th Avenue, Bonifacio High Street (Drone Display at 11:55 p.m.); the Uptown Parade Steel Carpark; and the Market Market Open Carpark.

Taiwan broadcasts fireworks show

TAIWAN is once again providing its annual free live broadcast of the Taipei 101 New Year countdown fireworks display. The broadcast will begin precisely at 11:55 p.m. on Dec. 31. This year’s show will feature a 360-second performance using 16,000 fireworks, with the theme “Towards a better future.” It is hoped that the display could heal people’s hearts around the world as they look forward to a better and a merry 2022. After the fireworks displays, the video will be uploaded to MOFA’s “Trending Taiwan” YouTube Channel: https://www.youtube.com/channel/UC4yFGrMYnnRusraegYMIauw

RWM holds countdown concert

RESORTS World Manila’s (RWM) Grand Fiesta Manila is making a lot of noise to count down to the new year. It is bringing together two of the country’s leading rock acts, Aegis and The Dawn, for a back-to-back The Grand Countdown to 2022 concert to close out the year with a bang for a live audience at the Newport Performing Arts Theater (NPAT) on Dec. 31 starting at 8 p.m. The concert will be hosted by Nicole Laurel Asensio, and big surprises await lucky spectators. Tickets to the Grand Countdown to 2022 are now available from Bronze to SSVIP for P2,659 to P13,615.  For inquiries contact Girah Manaligod (0917-872-8309), Neil Crisostomo (0917-658-9378), or King Feria (0917-823-9602). Stream the show at home live on pay per view at KTX.ph on Dec. 31 at 8 p.m. for P888 per access. For more information on The Grand Countdown to 2022 and Grand Fiesta Manila visit www.rwmanila.com.

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