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Smart taps Park Seo-Joon as its newest endorser

SMART has included Korean actor Park Seo-Joon to its growing slate of Korean endorsers following Hyun Bin and Son Ye-Jin as the telecommunications company continues to ride the wave of popularity of Korean dramas and pop culture.

Park Seo-Joon, who rose to fame with dramas such as Itaewon Class (2020), What’s Wrong with Secretary Kim (2018), and Fight for My Way (2017), is the newest face of Smart’s Giga K-Video pack which allows subscribers to have weeklong access to streaming service Viu as well as 1 GB data for the platform and 2 GB open access data for P99.

“Like the two other international endorsers, Park Seo-Joon is popular and well loved by the Filipino audience. He has become a household name in the Philippines,” Alfredo S. Panlilio, Smart President and CEO, PLDT Chief Revenue Officer, said during the media launch on Oct. 28 via Facebook.

Mr. Panlilio added that he has watched What’s Wrong with Secretary Kim and “enjoyed it very much.”

Aside from getting Park Seo-Joon as its newest endorser, Smart has also partnered with Viu, a Korean and Asian content-focused streaming service to give Filipinos access to some of the “latest Korean dramas and shows,” Helen Sou, chief business officer for Asia at Viu, said in the same conference.

The talks about the partnership started in June when Smart asked Viu if it could help bring Park Seo-Joon into the Smart fold. The contracts were signed in August and the TVC (one of three campaigns which will feature the actor) was filmed in September.

And because the previous two endorsers — Hyun Bin and Son Ye-Jin — were “phenomenal successes” for the company, according to Mr. Panlilio, Smart is keen on continuing its Korean pop culture thrust, with Jane J. Basas, SVP and head of consumer wireless business at Smart, saying “Smart K-Life is here to stay.” K-Life is the overarching program where Smart introduces Korean pop culture content including the online run of the Korean Film Festival and several K-Pop concerts.

Unlike the two previous TVCs with Mr. Hyun and Ms. Son which were described as “very corporate” in the treatment, Ms. Basas said they tried a different tack with Mr. Park’s commercial where they “played up with his fun side and to play up his romantic persona.”

Mr. Hyun was the face of the Simple, Smart ako campaign highlighting the company’s efforts to make access to technology simple, while Ms. Son became the face of Smart Signature, the company’s postpaid line.

The first TVC shows a girl heartbroken after her boyfriend broke up with her on their anniversary when Mr. Park shows up and tells her, “K lang ‘yan,” (it’s okay), and helps the girl recover from heartbreak by watching Korean dramas.

Ms. Basas added that Mr. Park’s two other TVCs may be released in a few weeks. — Z.B. Chua

Central Azucarera de Tarlac net income down 76%

LISTED sugar miller Central Azucarera de Tarlac posted a 76% fall in net income to P85.10 million for its fiscal year ending in June due to lower sugar prices and weaker consumer demand as a result of the coronavirus disease 2019 (COVID-19) pandemic.

In a stock exchange disclosure on Thursday, the sugar company said its net income is lower compared with P353.92 million it posted in 2019.

The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) fell 47.2% to P308.60 million.

Revenues of Central Azucarera de Tarlac fell 5.4% year on year to P1.53 billion against P1.61 billion in the previous year as a result of lower volume of raw sugar used for refining.

“While the sugar composite price softened at the current reporting year at P1,517 from last year’s P1,559, additional volume of raw sugar bags was sold due to the higher tons cane milled, thus net increasing the sugar sales by P52.6 million or 12%,” the disclosure said.

“Refinery operations observed a reduction of P76.0M in revenues or 31% as the company concluded not to import raw sugar for tolling this reporting year,” it added.

Meanwhile, the company’s operating expenses fell 8.7% year on year to P141.88 million due to declines in transportation and travel costs and lower taxes and licenses as a result of a one-time tax settlement in 2019.

Moving forward, Central Azucarera de Tarlac cited estimates from the International Sugar Organization as of August 2020, which projected that global sugar output will reach 173.5 million tons for crop year 2020-2021.

Locally, the company cited the projection by the Sugar Regulatory Administration that pegged sugar production to reach 2.29 million tons for the next crop year.

“The continued lobbying by the government’s economic managers to liberalize the importation of sugar with the purpose of lowering the price of the commodity in the local market remains a threat to industry,” the disclosure said.

On Thursday, shares in Central Azucarera de Tarlac ended unchanged at P11.20 apiece. — Revin Mikhael D. Ochave

Look-alikes, Dolly Parton, and Christmas cookies in Netflix’s holiday lineup

STREAMING service Netflix has unloaded its holiday slate for the Philippines which includes a hefty collection of Christmas movies including the second installment of the The Princess Switch film series starring Vanessa Hudgens.

The Princess Switch: Switched Again, directed by Mark Rohl, drops on Nov. 19 and will follow the story of Princess Stacy of Belgravia coming to the rescue of her look-a-like Duchess Margaret who has hit a rough patch with her boyfriend and another look-a-like throws even more chaos in the mix. Netflix has announced that a third movie is currently in the works with a scheduled release in 2021.

American singer Dolly Parton is also landing on Netflix with Dolly Parton’s Christmas on the Square which drops on Nov. 22. The film, directed by Debbie Allen, follows a rich woman returning to her hometown to evict residents on the land she inherited from her father and how she gets a change of heart with the help of 14 original Dolly Parton songs.

For those who want to celebrate their holidays with reality shows, competitive baking show Sugar Rush Christmas is back for its second season starting Nov. 27 and will see a new crop of bakers create Christmas treats while going against the clock.

Holiday movies are such an integral part of the season that Netflix is taking an in-depth look into two Christmas films in The Holiday Movies that Made Us, focusing on Elf (2003) and Tim Burton’s Nightmare Before Christmas (1993). The documentary, which streams starting Dec. 1, will use behind-the-scenes footage and cast and crew interviews to show why these films are so iconic.

A Shondaland documentary, Dance Dreams: Hot Chocolate Nutcracker, will also be dropping on the service starting Nov. 27 and will follow American actress, dancer, director, and choreographer Debbie Allen and her young group of dancers as they prepare for Ms. Allen’s annual Hot Chocolate Nutcracker production.

Other films that will be streaming for the season include: Over the Moon (currently streaming) which follows a young girl’s dream of proving the moon goddess is real by making her own rocket ship; Holidate, an Emma Roberts-starrer where two people who hate Christmas find each other and promise to be each other’s holiday date throughout the next year (currently streaming); and Operation Christmas Drop (dropping Nov. 5) which follows a congressional aide learning the beauty of Operation Christmas Drop, a decades old tradition of parachuting supplies and gifts to remote islands, through her Air Force guide.

For more information on the Netflix Christmas slate, visit Netflix.com/Holidays. — ZBC

‘Discrimination’ alleged in teacher promotions 

A SENATE committee was warned by a resource speaker of alleged discrimination in the promotion of public school teachers, whose career progression is held up because they have pending administrative cases.

May mga lumalapit na public school teachers, mga applicants and existing teachers, ano ‘yung policy ng DepEd when it comes to pending administrative cases? (We have been approached by public school teachers and applicants asking about the Department of Education’s policy on pending administrative cases),” according to Joseph Noel M. Estrada, managing director of the Coordinating Council of Private Educational Associations.

Mr. Estrada was speaking at an online hearing Thursday of the chamber’s Basic Education, Arts and Culture committee, which was reviewing the implementation of the Magna Carta for Public School Teachers, or Republic Act No. 4670.

Hindi daw napa-process ‘yung appointment because of a pending admin case, we feel it is used as a way to discriminate against them,” Mr. Estrada added.

Fidel H. Fababier, secretary general of the Action and Solidarity for the Empowerment of Teachers, said at times the filing of administrative cases is done to undermine teachers’ applications for promotion.

Halimbawa, may tatlong contenders, ang gagawin lang ng dalawang contenders na inferior ang qualification, magsasampa sila dun sa superior ang qualification (If there are three contenders for a promotion, sometimes the candidates with inferior qualifications will file a case against the one with the superior qualification),” Mr. Fababier said at the same hearing.

He added that such charges have also been used to delay payment of pensions and other retirement benefits, forcing teachers to settle in exchange for reduced benefits.

Ginagawa ‘yang harassment tool ng mga legal officers ng DepEd, talagang pinatatagal ang admin case,” he said. “Dapat linisin ang DepEd legal office (The DepEd legal officers are using charges as a tool for harassment. The legal office needs to be cleaned up).”

Education Undersecretary Jesus Lorenzo R. Mateo said applicants are required to declare administrative cases in their personal data sheet, but such information is only weighed after a final ruling on the case is issued.

Kapag decided na that’s the time na may implication sa application or promotion (It only becomes a factor for applications or promotions when decisions are released),” he said, noting that the education sector will be consulted when the guidelines are revisited.

Undersecretary Tonisito M.C. Umali said the department will take up the matter with its legal office. — Charmaine A. Tadalan

DTI-Grab team up to benefit Cagayan Valley farmers

MORE THAN 4,700 farmers in the Cagayan Valley region are expected to be onboarded to an e-commerce platform to market and sell their products.

The Department of Trade and Industry (DTI) and an agri-tech platform are partnering with GrabPay to further develop the online purchase and delivery system for fresh and processed products from Cagayan Valley.

Representatives from DTI, e-commerce platform Mayani, and mobile payment platform GrabPay signed a memorandum of understanding at an online event on Thursday.

The objective of the partnership, the agreement says, is to increase the market access of smallholder farmers, farmer cooperatives, and micro, small, and medium-sized enterprises in the region. Products on the platform can be ordered by Metro Manila customers, through the platform’s preferred payment platform GrabPay.

Mayani Co-founder and Chief Executive Officer JT Solis said the partnership will reach 4,761 farmers and almost 500 agri-small businesses.

Before the agreement, Mayani had been working with more than 1,200 smallholder farmers across the country, most of which are from Cagayan Valley.

“So many of our communities are looking toward economic recovery, and it’s just undeniable that digitalization and cashless payments adoption will remain key for micro-entrepreneurs and small businesses to thrive and be more resilient,” GrabPay Philippines Head Jonathan Bates said. — Jenina P. Ibañez

Avoid pet care scares this Halloween

PEXELS.COM

HALLOWEEN is fast approaching and nowadays the spook fest is no longer just for humans; man’s best friend and furry felines have joined the festivity as well. Despite the celebrations being limited to the indoors (often as virtual celebrations) this year, many pet owners will not miss out on the opportunity to dress their four-legged companions in colorful, whimsical, and scary costumes. But owners must be cautious of the dangers that lurk during the Halloween season.

The Pet Food Institute (PFI) shares tips on how pet owners ensure their pet’s safety during the Halloween season.

• Poisons of Halloween. Halloween is known as the candy holiday around the world, which means owners should be on the lookout for sugary treats that can be dangerous for dogs and cats. Chocolate can be toxic to pets and, even lethal in rare circumstances. In addition, Halloween candies containing the artificial sweetener xylitol can also be poisonous to pets. Pets may experience increased heart rate, rapid breathing, diarrhea or vomiting.

• Monsters of Halloween. Nowadays, it is common to see dogs and cats clad in creative and spooky costumes during Halloween. But a fair warning to pet parents: they should be careful and selective in which costumes to put on their pets because some of these costumes may cause them harm. Some costumes contain beads or other small plastic pieces that may cause choking and block their pet’s digestive tract which may lead to more serious health problems such as decrease in blood flow in the bowel. It’s also important to avoid costumes that restrict a pet’s movement or restricts their breathing.

Dangers Lurking Around Halloween. Pet owners must be vigilant of all the things that can harm their animals. Many can protect their pets from pet-unfriendly treats and costumes but forget the dangers that lurk around their homes. Halloween decorations are a common hazard for pets. For example, candles can be a greater hazard when pets are around who can more easily knock them over. Fake battery-operated candles had been made available in the market to ensure a fire-free and pet-safe holiday.

• PFI, through its local initiative, Well-Fed, Well-Nurtured campaign in partnership with the Veterinary Practitioners Association of the Philippines, advocates for responsible pet ownership.

China Bank posts higher profit as core businesses continue to grow

CHINA BANKING Corp. (China Bank) posted higher net earnings in the third quarter as its core businesses continued to grow despite the coronavirus pandemic.

China Bank’s net income reached P3 billion in the third quarter, higher by 21% compared with the P2.5 billion posted in the comparable year-ago period, the lender said in a disclosure to the local bourse on Thursday.

This brought its net profit for the first nine months to P8.2 billion, 23% bigger than the P6.7 billion it booked in the same period in 2019.

This translated to a return on equity of 11.15%, up from 9.92% the previous year.

The bank’s assets stood at P1 trillion at end-September, P60 billion more than the year-ago level and also beyond China Bank’s year-end target, it said. This resulted in a return on assets of 1.11%.

“The year 2020 has been very challenging, but with the hard work and commitment of our employees, we are able to pull through and provide the needed banking services and support to our clients,” China Bank President William C. Whang was quoted as saying.

“We are still expecting continuing challenges from a difficult environment, and the results give us the buffer to absorb further stresses down the road.” Mr. Whang said.

China Bank’s net interest income jumped 35% to P25 billion in the first nine months from P18.7 billion a year ago, which it attributed to a 36% decrease in its interest expense. This resulted in a net interest margin of 3.89%.

The bank said its fee-based income also rose 35% to P7 billion on the back of an almost fourfold increase in trading gains and as income from its trust business grew 15%.

China Bank’s loan portfolio rose 6% to P595 billion as of September, while deposits with the bank also climbed 6% to P827 billion. This resulted in a loans-to-deposit ratio of 72% for the period.

Even as its lending book continued to grow, asset quality remained healthy, with the bank’s nonperforming loan (NPL) ratio at 2.5% as of September. Meanwhile, NPL cover was at 104%.

The lender’s loan loss reserves amounted to P6.3 billion, 12 times bigger than the year-ago level. China Bank said it hiked its provisions for possible credit losses amid the anticipated impact of the coronavirus pandemic and lockdown measures on asset quality, adding it “continues to work with borrowers experiencing financial difficulty under the current circumstances.”

Meanwhile, China Bank’s operating income exclusive of trading gains climbed 24% to P28 billion in the first nine months, while operating costs went up 6% to P16 billion. This caused its cost-to-income ratio to improve to 51% from 65% last year.

The bank said its capital grew 9% to P101 billion, with its common equity Tier 1 ratio standing at 13.08% and its total capital adequacy ratio at 13.99%, both above the regulatory requirements.

“Amid the pandemic, China Bank’s capital and liquidity position remains strong. We continue to productively deploy resources to drive strategic growth, finance our clients’ needs, and contribute to the country’s economic recovery,” China Bank Chief Finance Officer Patrick D. Cheng was quoted as saying.

China Bank’s shares closed at P21.60 apiece on Thursday, down by five centavos or 0.23% from its previous finish. — K.K.T. Jose

Dizon Copper-Silver Mines posts lower Q3 net loss

MINING FIRM Dizon Copper-Silver Mines, Inc. trimmed its net loss in the third quarter to P276,845 due to lower mining maintenance expenses.

In a disclosure to the stock exchange on Thursday, the company said its third-quarter result is 57.6% lower compared with the P652,363 net loss it recorded in the similar period last year.

Administrative and mine site expenses for the quarter fell 57.6% to P276,998.

For the nine-month period, the company said its net loss declined 38.1% year on year to P919,884, against P1.49 million a year ago.

Further, its total administrative and mine site expenses fell 38% year on year to P920,519.

“The company’s present activities are confined to the care and maintenance of the mine site and the properties therein specifically the tailings dam,” the disclosure said.

The company said it is still involved in the upkeep of the Bayarong Tailings Dam and its properties, adding that it has continued to maintain the major dam structures to avoid overspill of dam water in accordance with guidelines from the Mines and Geosciences Bureau and the Department of Environment and Natural Resources (DENR).

Meanwhile, the mining company said it plans to improve its stockholder’s equity by issuing 22,162,501 new common shares that can be issued at a premium over par.

It said that the issuance must be the same or near the current market price of its shares in the Philippine Stock Exchange.

“The company has an authorized capital stock of 101,250,000 with a par value of P1 per share but only 79,087,499 shares are subscribed and fully paid,” the disclosure said.

“Once completed, the premium over par may create additional paid-in capital of up to around P132 million,” it added.

Further, it said it is still finding a potential partner that can provide fresh capital for its projects through increasing the company’s authorized capital stock.

The company added that one project it is targeting is to extract the residual gold from the mine tailings stored in the Bayarong Tailings Dam.

The company also announced that it has applied for a mineral processing permit with the DENR for the said gold tailings located in Zambales.

“The company is looking for potential investors for a possible joint venture for the processing and operational rights of the Dizon tailings,” the disclosure said.

In December 2019, the company sold its property Port of Dizon, a storage facility in Subic, Zambales used for copper concentrates and a loading pier spanning 20,534 square meters, to Sunplaza Development Corp. for P100 million.

On Thursday, shares in the company ended unchanged at P7.81 per piece. — Revin Mikhael D. Ochave

‘Management prerogative’ is a lazy excuse

Our HR manager is a lawyer. The trouble with him is he’s using a lot of legal gobbledygook in defending the rationale behind our company policy. When people ask about the difficulties of a certain policy, he would often cite management prerogative to shut people out of the discussion. I thought that HR people should be diplomatic in dealing with the workers. Is there a better way?  – White Lady.

Citing legal grounds is a powerful argument, but only if common-sense solutions have been exhausted. In other words, you can only cite management prerogative when a dispute has reached the courts, but not when you’re trying to defend certain policies in the eyes of the workers.

People complain because of unreasonable company rules which are usually rooted in the command-and-control style of management, if not outright ignorance. Take this one current example raised by someone who is working from home. He was told of a new management directive that all workers similarly situated must ensure their respective computer cameras are on during office hours while working from home.

Is this a legitimate policy? Yes, but it’s not necessarily a smart and sensible move. In the first place, what’s the reason for such a policy? The person who raised the problem was told it’s a legal prerogative of the company, but was not told of the rationale behind it.

Therefore, we can only hazard a guess.

Maybe management wants to ensure that all workers remain productive. But aren’t there other options to ensure that we achieve productivity? For instance, why don’t they agree on a specific goal, the resources to be used, and reasonable timelines on a daily basis, without management haveing to do close supervision?

Management can also ask the workers to report their progress every four hours. But that’s too much. Eight hours is more reasonable for me.

The concerned worker doesn’t know th underlying reasons and he might be afraid to challenge that policy for fear of reprisal. He’s blindly following orders from a micromanager. And that’s the root of the problem.

Management prerogative is not absolute. It has limitations under the law, by an employment contract, industry standards or a Collective Bargaining Agreement as long as the policies are fair. Therefore, management prerogative should only be cited as a last resort whenever employees make unreasonable and repetitive inquiries.

And we’re not even sure if such a policy of having a computer camera open during office hours by people working from home is in violation of the Data Privacy Act. So, if we’re not sure, why create another problem?

INFLUENCING THE WORKERS
American self-improvement expert Dale Carnegie (1888-1955) advised us: “The only way to influence people is to talk in terms of what the other person wants.” Do all employees want to increase their productivity? Surely, they would want that. There are only very few people who are lazy at work. For instance, if both the workers and their management agree that higher productivity is the way forward, then they must explore all possible means to make it happen. Under the principle of co-ownership, it’s better to ask the employees how they would solve a management concern, in this case increasing labor productivity.

Would that include turning on a camera while one is working? I doubt it. Most people hate micromanagement. They want flexibility and freedom to do their job without working in a fishbowl.

Carnegie said: “I have stopped talking about what I want. I am now trying to see the other person’s viewpoint. And these things have literally revolutionized my life. I am a totally different man, a happier man, a richer man, richer in friendships and happiness — the only things that matter much after all.”

Management should stop talking about prerogative. It’s a lazy excuse. As I said earlier, it should be the last resort. After all, there are many options available for creating situations where everyone’s voice is heard, processed, and analyzed. There’s no need for management to be pressured into accepting ideas it doesn’t want. If an idea is not feasible, then the best way is to explain it to the workers.

MUTUALITY
The real question is this: Is your manager willing to make their camera operational during office hours so they can be seen by the workers as well? I’m sure your HR manager and other department managers will also dislike the idea if the CEO asks them to comply with that policy. If not, then that’s clearly an unfair situation.

Sure, toxic managers would tell their employees: “Come up to my level before challenging my policy.” If it has come to that level of discussion, then that manager will not last. Therefore, elevating the discussion between labor and management to a higher level is always desirable.

That’s what we should always aim for. If management is successful, it will be viewed as full of energy and willing to discuss anything with the workers. Otherwise, if it cannot explain itself, then it doesn’t know what needs to be done to create a vibrant workplace.

Management can be in control but not to the point of making their workers work like zombies. In an ideal world, management must allow workers a bit of freedom and flexibility, which they can reciprocate by doing an excellent job. Clearly, trust begets trust.

 

Send anonymous questions to elbonomics@gmail.com or via https://reyelbo.consulting

A community that empowers people to move forward

By HANNAH MALLORCA

A home is a place of solace during difficult times. But as we move forward to an uncertain future, there’s always a community to help us bounce back. The current health threat is a call for communities to work together to recover.

In a community-friendly neighborhood like Lancaster New City in Cavite, residents are slowly rising from difficult times through the spirit of Bayanihan. Collaboration is a priority and every LNCitizen has each other’s back, especially during this pandemic.

Being in a family-friendly neighborhood plays a significant role in helping the residents to continue ahead. Here are ways on how the Lancaster residents empower one another to move forward.

Assisting through virtual means

Despite the limited face-to-face interaction, the Lancaster community does not stop helping home seekers to look for the home of their dreams.

Lancaster holds virtual tours on its official website and social media accounts to keep people informed. With the use of videos and drone shots of the township, home-seekers are aware of what they can expect.

The use of virtual tours in social media is helpful for LNCitizens as well. Aside from serving as a virtual real estate agent, it’s also a source of information for the community.

Once you visit Lancaster’s Facebook account, updates on monthly amortizations, new establishments, and nearby locations are posted regularly.

Treating one another like family

In the Lancaster community, no one gets left behind, even if they’re living in a difficult time. Every LNCitizen makes an effort to make others feel special.

This can be seen in the story of Julie Nicolas, a financial advisor who moved out of the city with her family to begin a new life in Lancaster. Aside from its peaceful environment, Julie noted that its community has helped her to move forward.

“Ganun katutok talaga sa community ang Lancaster New City — hindi lang sa mismong bahay. Parang nakatutok sa comfortability ng mga tao which is bihira nang magkaroon ng ganyang service sa subdivision,” she adds.

Julie shared that the neighborhood was welcoming to their family. For her, it was also one of the reasons why she was able to take a step towards recovery.

“Naka-establish din kami ng extended family na kahit hindi kayo blood-related, parang considered family mo sila. So, talagang marami kaming naging kaibigan dito,” she shares. “Mas marami talaga kaming comfortability nanararanasan compared to others.”

Lucky Repelar, another homeowner, is one of the reasons why Lancaster is family-friendly for homeowners and home-seekers. During the quarantine’s early weeks, she would prepare food for her fellow LNCitizens, guards, store personnel, and street cleaners. She also made face masks and face shields and distributed them.

Extending support

The Lancaster community empowers one another to move forward in various ways. As we transition to digital, it was an opportunity for the neighborhood to develop its collaborative efforts.

For Julie, PasaBUY is a joint effort in the community that helped her family get essential needs, especially during the quarantine. Organized by the Lancaster community, homeowners create group chats to share scheduled trips to the supermarket, drugstore and other shops.

“Maraming available talaga na mabibilhan online, kasi ang daming homeowners na nag-o-online selling. Aside from PasaBUY, may grocery talagana nag-ooffer sa homeowners ng delivery, ime-message niyo lang sa kanila ano yung item na gusto niyo,” she explains.

Another collaborative effort of the Lancaster community is Tienda Buyani, a website launched to help the Lancaster community order fresh farm-produced vegetables and fruits that can be delivered to their homes.

To help the community, disaster resilience teams have also been organized in case of emergencies.

Filipinos are known for their Bayanihan spirit. The pandemic is a wake-up call for communities to work together to move forward.

In Lancaster New City, the sense of community has always been there. It has only been strengthened by the current health crisis, making every LNCitizen feel that they’re all in this together.

Building a family-friendly community is a priority for Lancaster New City, especially in times of crisis. For more details on Lancaster’s township, you may visit www.lancasternewcity.com.ph or its official Facebook and YouTube pages.

 

 

Stuff to do (10/30/20)

Halloween is online at the Palace Manila

HALLOWEEN at The Palace Manila has always been special, with giant parties and traffic jams outside the club complex. Despite the ongoing pandemic, Halloween at the Palace is not canceled — it is just going virtual with the Online Halloween Bash. This year the parties are being held for a cause: all proceeds generated from the steams will be donated to the Philippine Army General Hospital. Halloween Weekend kicks off on Oct. 30 with “Day of the Dead” at The Island, with the official drink, Jose Cuervo (get a free Day of the Dead facemask when ordering Jose Cuervo Especial Reposado at The Booze Shop). The Island, the biggest open-air party destination in the country, will come back to life with a killer set headlined by DJ Nix Damn P. Opening the show is DJ Katsy Lee, while MC Pao takes over later in the evening. The themed online shows will be free for everyone to watch on The Palace Manila’s official YouTube and Facebook pages on Oct. 30. The party keeps on going until the next night with “The Haunting At The Palace.” On Oct. 31, 9 p.m., Globe and Chivas will transform the premier clubs of the Palace Manila into a creepy parallel world, with DJ Euric and KatDJ who will take over the Xylo deck. To keep the vibe high, Marga on the Mic will be opening the show with a pre-game set with DJ Dara Carmina. Make it a 360 experience and order your drinks from the Palace Manila Online delivery. 

MSO’s Rush Hour Concerts are back

FOR its 30th anniversary, property developer Avida has joined Ayala Museum to bring the Manila Symphony Orchestra’s (MSO) The Rush Hour Concerts online for the very first time. The Oct. 30, 6 p.m., fundraising concert will feature the best Original Pilipino Music of the past 30 years. Every ticket sold for the virtual concert will provide a child with internet access for one year and will benefit some of the most disadvantaged families in Tondo, Batangas, and the MIMAROPA region.  Tickets for the concert can be purchased through the Ayala Museum’s official website, Facebook page, or TicketWorld. Tickets are priced at P1,000; senior citizens, PWDs, students, and teachers can get discounted tickets at P700.

Content creator webinar

THE DE LA SALLE College of Saint Benilde School of Design and Arts will be holding a free public webinar on Nov. 7, 2 p.m., via Zoom, where they will talk about how to help new-generation storytellers conceptualize innovative ways to define and perform art through social media. The webinar, titled “Thriving as a Solo Artist in the Pandemic,” aims to help young professionals and students build their artistic solo career by establishing their own social media channels. The lecture will be facilitated by theater actress and vlogger Kiara Dario and content creator Bea Chu. Interested participants can register until Nov. 6 via https://docs.google.com/forms/d/e/1FAIpQLSejX3kx3-PKrByVpm9rSugzB5JFaMlgVKqVsfsDNV-6qCrP2A/viewform?gxids=7628.

We Rise Together virtual concert

THE 2020 PHILIPPINES-Korea Cultural Exchange Festival’ We Rise Together concert will go online for the first time. Presented by the Embassy of the Republic of Korea and the Korean Cultural Center (KCC) in the Philippines, together with the United Korean Community Association in the Philippines and the National Commission for Culture and the Arts, the show will be streamed on the KCC Facebook and YouTube pages on Oct. 31, 3 p.m. The concert will feature performances by SB19, KZ Tandingan, Dasuri Choi, Star Hunt Academy Boys, World Music Band ID, and Celso Espejo Rondalla. Catch the livestream on Korean Cultural Center in the Philippines‘ Facebook page (https://www.facebook.com/KoreanCulturalCenterPH/) and YouTube channel (www.youtube.com/kccphil).

CCP’s First Children’s Biennale

BELIEVING that arts education and appreciation should begin at a young age, the Cultural Center of the Philippines (CCP) launches a month-long online creative expression biennale for children. Dubbed Arts eXpress: CCP Children’s Biennale, the series of events aims to encourage and develop creativity and artistic expression in children, create new works/activities to focus on children’s appreciation and value for the arts, and engage the participation of the guardians and parents in sustaining the appreciation for the arts. The biennale will kick off on Oct. 31, 4 p.m., on the CCP Facebook Page and will be followed by Tricks and Musical Treats: A PPO Family Concert and a screening of Mala: Ibong Adarna, a re-telling of the myth of the Ibong Adarna directed by Xian Lim. Tanghalang Pilipino Pilipino will be performing a shadow play on Nov. 1 on the CCP Facebook page, based on a number of children’s books. Meanwhile, sopranos Alexa Kaufman and Gerphil Flores will be sharing their experiences while serenading young audiences in Small Voice on Nov. 8. Biennale events will be held every Saturday and Sunday throughout November. 

K-Drama free webinar

AS PART of their Korea at Home campaign, the Embassy of the Republic of Korea and the Korean Cultural Center, together with MIND S-Cool and the BGC Arts Center, have organized a free, live webinar titled “The Role of K-Dramas in Sharing and Shaping Culture Beyond Borders” on Nov. 6 and 7, 9:30 a.m., on the Korean Cultural Center’s YouTube Channel and the BGC Arts Center Facebook page. The event consists of a series of talks focused on discussing K-drama production with Korean entertainment industry professionals, featuring dialogue with some of the Philippines’s celebrated entertainment practitioners. No registration for the webinar is required.

Work from home

The world experienced a lot of “firsts” this monumental 2020. First Zoom wedding, first no All Saints/Souls’ day commemoration at the cemeteries (all memorial tombs will be close to public a week prior to Nov. 1), first no Christmas or year-ender parties. Indeed, the coronavirus has swiftly changed people’s ordinary way of living. The biggest lifestyle change happened in education and in work. The new normal is online schooling and work from home, at least for those who have been blessed to hold on to their office jobs.

For some, particularly those working in the IT field, remote work or working from home is nothing new. In the past decade, they have been accustomed to this setup. For the majority doing this for the first time (with no prior preparation, pushed to do it at the snap of the corona’s fingers), this presents a unique but welcome challenge.  A recent The Economist article reports that working from home seems to favor many white-collar employees. Only 50% of people in five big European countries spend workday in the office. A quarter remains at home full time.

While a number of employers and governments want their employees to go back to the office, there is a ripe debate on the pros and cons of working from home. The same The Economist article cites a number of studies citing that a lot of work can be done from home, and people prefer the arrangement. They call it a “working-from-home happiness boost” that makes workers productive.

A paper in the American Economic Review found that people were willing to take pay cuts to work from home, meaning it provides non-monetary and well- being benefits. Another study of Chinese call center workers found that those who worked from home were more productive (processed more calls). A 2007 study from the US Bureau of Labour Statistics found that home workers are paid higher than equivalent office workers, suggesting higher productivity.

As in any debate, there are those who disagree. Reed Hastings of Netflix says home working is “pure negative.” Facebook and Bloomberg are cited as looking for ways to get staff back in offices by reconfiguring the setup.  There is the view that bringing people together under one roof promotes behavior conducive to new ideas, that there is a positive relationship between proximity and collaboration. Yahoo, a technology firm, tried large scale remote working in the past and abandoned it because “some of the best decisions and insights come from hallway and cafeteria discussions.”

Likewise, the economists at Harvard, Stanford and NYU found that the average workday under lockdown was nearly 50 minutes longer than it was before, and they more likely send e-mails after work hours, and this challenges how much people enjoy the new scenario. And those who enjoyed working from home eventually wanted to go back to the office because they were lonely, even if occasionally.

Then, not everyone has the ability to work from home even if they want to. There are many distractions.  People cannot focus because of the uncertainty going on around us and the responsibilities at home. To name a few, there are household chores that need to be done, kids to be assisted in their online classes and that addictive Netflix temptation. It is difficult to draw the boundaries between work and life balance. The natural tendency is to start work late and end late, work at the evenings and on weekends and work outside of the usual hours with online communications open 24/7.

The pandemic has allowed us to debate this issue and actually test its efficacy. In addition to the technology challenges of work from home, there are other issues to confront — legal, social and cultural. There are those concerned about job security and social protection. No matter how this is resolved, the future will reveal some types of hybrid arrangements.

Thus, we need to find ways to make working from home productive.  These five points from Regina Borsellino might be helpful:

• Get dressed. It is a fresh starter sending a signal that to get things done. Changing clothes need not to be as formal as you might look when you are at the office, but it should be suitable for public viewing.

• Designate an office space at your home. A lot of people see it blurry to delineate work and home while at home. This will help one to still find the work and life balance even at home.

• Keep clearly defined working hours. You must stick to your actual office hours, just like when you are at your actual office. When the working time is done, then it is the time to disconnect and give your family the full attention they deserve

• Don’t get too sucked with the news and anything else. Staying informed is ok but if it will lead to relentless worries affecting work, then turning off news notification during work time may help to keep anxieties at bay.

• Communicate and don’t forget to socialize. Staying connected to one another, checking in, doing virtual meetings will help manage expectations and convey the tasks that needs to be done. Constant communication with colleagues not only prevents miscommunication rather help us feel less lonely and breaks the monotony at work.

Now that we are setting the stage for our new normal, adjustments must be made. In time, corona will also be gone. For those who are blessed to be given a chance to work from home, do it well. Given our learnings this year, it will surely be part, if not the whole, of your new work environment.

The views expressed herein are his own and does not necessarily reflect the opinion of his office as well as FINEX.

 

Benel D. Lagua is Executive Vice President at the Development Bank of the Philippines. He is an active FINEX member and a longtime advocate of risk-based lending for SMEs.