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US firm BridgeComm considers PHL entry to support 5G rollout

By Arjay L. Balinbin, Senior Reporter

BRIDGECOMM, Inc., a US-based optical wireless communications solutions provider, is in talks with a Philippine telecommunications firm to provide support for the ongoing rollout of 5G connectivity in the country.

“We are working with somebody — it’s not disclosed yet — for 5G,” BridgeComm Chief Executive Officer Barry Matsumori told BusinessWorld in a recent virtual interview.

The optical wireless communications system or communications, primarily via lasers, can fill critical gaps in the 5G ecosystem, where the RF (radio frequency) technology and optic cabling are often unable to deliver end-to-end 5G, he said.

“So this is not RF. The predominant technology to be used for radio, for mobile communications is RF. Let’s separate the various parts of it. There’s from the radio head or the cell tower to the end user, but then there is infrastructure going from the internet out to the cell tower. We’re addressing that infrastructure side,” Mr. Matsumori explained.

He added there are a couple of “different challenges” for 5G in the Philippines, which is an archipelago.

“It’s quite unique because the Philippines does have large metropolitan areas like Metro Manila. But the Philippines also consists of a large number of islands, and those islands are separated by water, connecting them with lots of cable is actually quite difficult, quite unaffordable. And doing that over RF presents a different problem. And that problem is the lack of RF spectrum capacity and the lack of speed,” he said.

He said the same problems exist in places with bodies of water separating cell towers, including the United States, “where the density of cell towers doesn’t allow that much fiber to be put down.” 

In a phone message, former Undersecretary Eliseo M. Rio, Jr. of the Department of Information and Communications Technology said, “Optical wireless is not yet extensively used here. It is not for mobile use, but for fixed stations. It is a line of sight and any structures like buildings, trees or hills can block it. Also, in a rainy country like the Philippines, the signal deteriorates with heavy rainfall.”

Globe Telecom, Inc., in partnership with Huawei Technologies Co Ltd., launched its 5G broadband service in June last year, the first in Southeast Asia.

Globe’s 5G service is currently available in Bonifacio Global City, Makati, and Ortigas, among others.

PLDT Inc.’s wireless arm Smart Communications, Inc. started to make its 5G service commercially available in July this year, particularly in Araneta City, SM Megamall, Mall of Asia bay area, and the central business districts of Makati and Bonifacio Global City.

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.

Hotel group offers major deals during September sale

WHEN the lockdowns to curb the COVID-19 pandemic started in March, one of the industries which was greatly affected was the tourism industry with it the multitude of hotels and resorts located in the country’s tourist destinations.

Six months since the start of the lockdowns, hotels and resorts are still not allowed to accept regular guests and have instead pivoted to either offering long stay packages for businesses needing housing for their employees, or offices. For those in the provinces whose main clients were tourists who wanted to see the sights, they have had no choice but to hunker down and hope for better days ahead.

Now that restrictions are loosening up, the hotels and resorts in the country are preparing for a comeback through a sale starting Sept. 15 that offers the best deals with validity periods for up until next year.

“With the gradual lifting of quarantine restrictions around the country, Filipinos are raring to pack their suitcases and travel — although more cautiously — to once again enjoy the country’s beautiful destinations,” Christine Urbanozo-Ibarreta, president of the Hotel Sales and Marketing Association (HSMA), said in a digital conference on Sept. 9.

The HSMA is an informal gathering of directors of sales and marketing of top Metro Manila hotels. The group counts over 120 hotels and resorts in the country as member-partners.

Called the September Online Sale (SOS), the sale, which runs until Sept. 30, not only offers great deals on 89 hotels in various Philippine destinations, it is also a program that “offers hope for an estimated 5.7 million hospitality employees and workers,” said Ms. Urbanozo-Ibarreta.

“We have no illusions that life will be the same — if and when restrictions are lifted. But the public’s patronage and advanced bookings from the sale gives us hope that things will get better. It will also  enable us to plan ahead in terms of manpower and other operational requirements so that we will be able to hit the ground running when the pandemic scare is over,” Ms. Urbanozo-Ibarreta said in a statement.

She added that hotels and resorts are in “survival mode,” while Benjie Martinez, vice-president of the HSMA, noted in the same conference that they see recovery starting in the second half of 2021.

And in a way, SOS is a fitting name for the sale because hotels and resorts need to have guests travelling — following proper health restrictions and requirements —in order to save the industry.

“[The sale] will be offering the best value hotel and resort packages and we hope that this will jumpstart the tourism industry. Our target market of course is our domestic market: families, couples, frontliners, corporate clients, travel tour operators, etc.,” Margie Munsayac, HSMA chairman, said in the briefing before adding that some hotels will be offering “70% off of their best available rates.”

Some of the hotel deals that can be purchased during the sale period are: three-days, two-nights packages from Paradise Garden Resort and Convention Center and Shangri-La Boracay Resort and Spa; and 60% off on Deluxe Room rates with breakfast for three-day, two-night stay at Bluewater Resorts in Maribago (Cebu), Panglao (Bohol), and Sumilon (Cebu), among many others. Deals and vouchers are valid from Oct. 1, 2020 to Sept. 30, 2021 though some deals have no validity clauses.

The sale will be on the HSMA website at https://hsma.org.ph/sos/. The event is done in partnership with the Department of Tourism, the Tourism Promotions Board, Atlantis, and iSentia. For more information and for the list of participating hotels and resorts, visit the HSMA Facebook page at facebook.com/HSMAPH.

Tax appeals court cancels P286-million Robinsons Toys assessment

THE Court of Tax Appeals cancelled the P286.4-million tax assessment of Robinsons Toys, Inc. for 2009.

In a 30-page decision dated Sept. 2, the court’s third division set aside the Formal Letter of Demand (FLD) and the Final Decision on Disputed Assessment (FDDA) issued by the Bureau of Internal Revenue against the company in June 2014 and September 2015, respectively.

It said the officers who assessed Robinsons Toys were not authorized through an electronic Letter of Authority (eLOA) to proceed with the tax audit.

“Not having the requisite eLOA to continue the examination of Petitioner’s records in the first place, the subject tax assessments issued by the BIR are inescapably void,” the ruling read.

The court said that a revenue officer must be authorized through the letter to validly audit the accounts of a taxpayer.

It noted that under Revenue Memorandum Order (RMO) No. 69-2010, that letters issued manually or electronically from March 1, 2010 covering cases for 2009 and other years “are subject to retrieval and replacement with new eLOA form.”

The court said there is no evidence showing that the Letter of Authority dated May 20, 2010 had been retrieved and replaced by an electronic letter.

“In fact, Respondent failed to present any evidence to prove that it has complied with the above-quoted provisions of RMO No. 69-2010,” it said.

Robinsons Toys is assessed for deficiency income tax, value-added tax, expanded withholding tax, withholding tax on compensation, final tax, and documentary stamp tax for 2009.

The court also said that the FLD and FDDA of Robinsons Toys do not contain any due date for payment of the assessed deficiency taxes.

“Thus, the subject tax assessments hardly fall under the jurisprudential definition of a tax assessment under the National Internal Revenue Code (NIRC), considering that it lacked ‘a due tax liability that is there, definitely set and fixed.’ They likewise do not purport to be a demand for payment of tax due, which a final assessment notice should supposedly be,” the court said.

“To reiterate, a void assessment bears no valid fruit. Such being the case, the subject tax assessments cannot be enforced against Petitioner. It then becomes unnecessary to address the issue or arguments raised by the parties,” it added.

The court said that a valid tax assessment must contain computation of the liabilities and demand for settlement or due date citing jurisprudence.

The FLD issued against the company stated that interest and total amount due have to be adjusted if paid beyond July 9, 2014 while the FDDA moved the date to July 31, 2015, it said.

The BIR said the assessments are legal as the Letter of Authority issued is valid and the petitioner should not be allowed to raise issues for the first time on appeal.

The court said under previous rulings, only questions of law or fact raised in the court below or within the issues framed by parties can be raised in appeals as the general rule, but there are certain exceptions in the interest of justice and matters of public importance.

“In this case, whether the FDDA, PAN, and FLD are void due to the absence of an eLOA to support the audit investigation are matters of record, and of public importance,” it said. — Vann Marlo M. Villegas

Kiehl’s extends online presence to Lazada

TWO years after entering the e-commerce space, American beauty brand Kiehl’s is now expanding its online presence by entering Lazada in a bid to introduce more customers to its products.

“After successfully pioneering social commerce for the premium beauty segment in the country, we saw that there’s a bigger opportunity to tap customers outside of our Kiehl’s community. So with Lazada we feel that we’re able to offer the best of both worlds: which is scale and personalization,” Lerizze Tan, product manager for Kiehl’s, said in a digital briefing in late August.

In 2018, Kiehl’s entered the online space by introducing its products in BeautyMNL, an online store focused on selling skincare and wellness products. A year later, the brand pulled out of BeautyMNL in favor of developing its own e-commerce platform on Facebook which it called “social commerce” as orders are made through Facebook Messenger and customer representatives were on hand to give new customers a free healthy skin check digitally before recommending products. Kiehl’s is known for offering free consultation and skincare samples in its stores in order to tailor fit a routine for customers.

Via LazMall, Lazada’s section for big brands and products, Kiehl’s will still be offering the skin consultation through the chat box and Ms. Tan explained that there is a customer representative who will be there to answer any questions a customer may have.

“Through social commerce, we were able to test the waters and really see how best to converse with customers and how they want to be consulted online. And we were able to take those learnings to LazMall in order to serve a much wider audience,” Ms. Tan said.

Though it is now in LazMall (and has been since the start of September), Ms. Tan said that Kiehl’s will still keep its Facebook social commerce portal up. It has now been adapted to offer pick-ups because “a lot of our loyal customers actually still prefer to visit the store and speak to their Kiehl’s customer representatives.”

The same process also allows for same-day pick-ups where customers can book their own delivery service to have their skincare products picked up and delivered to them.

And in celebration of opening the store in Lazada, Kiehl’s will be having a grand launch party on Sept. 17 via the Lazada Philippines App. The launch party will be hosted by Alodia Gosiengfiao, Camille Co, Laureen Uy, Kryz Uy, and David Guison. — Z.B. Chua

Third-quarter palay production forecast raised 0.2% to 3.5 MMT

PRODUCTION of palay, or unmilled rice, is estimated at 3.55 million metric tons (MMT) in the third quarter, according to the Philippine Statistics Authority (PSA), representing a 0.2% upgrade from its previous forecast issued on July 1.

If realized, the palay production estimate would be equivalent to a 16.4% year-on-year increase, driven by a significant increase in harvestable area to 859,600 hectares, up 15.7% from a year earlier.

Yield per hectare for palay is estimated to increase 0.5% year on year to 4.13 MT.

“About 81,202 hectares or 9.5% of the updated standing crop have been harvested,” the PSA said.

The PSA said corn production for the three months to September is projected to increase to 2.82 MMT.

If realized, corn would post a 3.4% increase in output year on year.

The harvest area for corn is expected to rise 5.2% year on year to 919,583 hectares, with yield per hectare falling 1.6% to 3.06 MT.

“About 149,729 hectares or 16.3% of the updated standing crop has been harvested,” the PSA said.

Separately, the PSA said the national rice inventory in August fell 16.3% year on year to 1.79 MMT.

In its rice and corn inventory report, the PSA said August inventory is lower than the year-earlier 2.13 MMT.

In August, rice inventory held by households rose 7.5% year on year to 852.46 thousand MT while inventory in commercial warehouses fell 17.1% to 729.95 thousand MT.

Rice held by the National Food Authority (NFA) also fell 55.8% to 203.85 thousand MT.

The rice inventory in August also fell 15.1% month on month, with rice held by households falling 20.6%, over the same period. Inventory held by commercial warehouses fell 9.7%, while NFA holdings fell 8.4%.

“Of the total rice stocks for this month, 47.7% were in the households, 40.9% were in commercial warehouses, and 11.4% were in NFA depositories,” the PSA said.

The corn inventory in August rose 1.1% year on year to 732.18 thousand MT.

Corn held by households rose 3.5% year on year to 96.52 thousand MT, while inventory stored in commercial warehouses rose 0.8% year on year to 635.66 thousand MT.

NFA had no corn inventory during the period.

Month on month, household corn stocks rose 25.5% while commercial warehouse inventory fell 4.4%.

“About 86.8% of the current stocks were in commercial warehouses and 13.2% were in households,” the PSA said. — Revin Mikhael D. Ochave

Toyota wants more time to meet production target 

TOYOTA MOTOR Philippines Corp. wants to ask the government to extend the compliance period for automotive companies under an incentive program created to support local car and parts production.

During the virtual launch of the company’s new pick-up model on Saturday, Toyota First Vice-President Rommel R. Gutierrez said the company seeks to extend the number of years to comply under the Comprehensive Automotive Resurgence Strategy (CARS) program because it is unable to meet the set volume requirements.

“So many things have happened during the year. It started from the introduction of the new excise tax, which affected the sales. Of course, the Taal Volcano eruption, and definitely, the coronavirus disease 2019 (COVID-19) pandemic,” Mr. Gutierrez said.

Toyota and rival carmaker Mitsubishi Motors Philippines Corp. are engaged in the CARS program, which offers fiscal support to car companies that locally produce 200,000 units of high-volume car models for a six-year period.

Vehicles that are part of the said program include the Toyota Vios and the Mitsubishi Mirage, with deadlines fixed at 2024 and 2023, respectively.

Mr. Gutierrez, who is also the president of the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI), said the company is currently studying the right number of years under the “wished” extension.

“As to the number of years, we are currently determining the volume as sales progresses. We are calculating as of now, what would be the appropriate number of years to be extended,” Mr. Gutierrez said.

“It has always been a challenge to meet the target volume requirement of the program. But we have to face the difficulties, especially keeping employment and all the resources put in there so that the program could succeed,” he added.

Mr. Gutierrez said the company’s overall sales for the year is still projected to be down 30%, amid the COVID-19 pandemic.

However, he said that Toyota remains hopeful that its car sales would increase and have a strong finish heading towards the end of the year.

“It is true that industry sales were badly affected by the COVID-19 pandemic. But the industry has seen a growing number of sales. It’s very encouraging,” Mr. Gutierrez said.

According to a joint report by CAMPI and the Truck Manufacturers Association, car sales from January to July this year fell 48.7% year on year to 105,583 units.

Year to date, commercial vehicle sales declined 47.6% to 75,514 units while passenger car sales fell 51.4% to 30,069 units.    

In July, Toyota remained the country’s market leader, with a market share of 43%. However, its sales dropped 37.4% to 8,833 units. — Revin Mikhael D. Ochave

T-bill rates may move sideways

RATES OF THE Treasury bills (T-bills) on offer on Monday will likely move sideways as investors wait for firmer leads, with the outlook for the economy looking dim.

The Bureau of the Treasury (BTr) is looking to raise P20 billion via T-bills on Monday: P5 billion each via the 91- and 182-day debt papers and P10 billion from the 364-day securities.

A trader said the rates of the T-bills will likely remain steady or rise by five basis points (bps) as investors are still unsure of the country’s economic recovery.

“The rates could be unchanged or emerge higher by five basis points due to lack of catalysts. The market is still gauging if the country is really starting to recover as we continue to reopen the economy,” the trader said via Viber.

Another trader said in an e-mail that demand for government debt will be muted as markets look ahead to the US Federal Reserve’s policy meeting this week.

The Treasury borrowed P20 billion as planned via the T-bills last week as the offer was almost thrice oversubscribed, with bids reaching P56.687 billion.

Broken down, the BTr raised P5 billion as planned via the 91-day debt papers out of total tenders worth P19.028 billion. The three-month papers fetched an average rate of 1.167%, down by 1.3 bps.

The government also made a full award of the 182-day T-bills, awarding the programmed P5 billion, as the papers fetched bids worth P11.008 billion. This, even as the six-month securities were quoted at an average yield of 1.518%, up 9.7 bps.

The Treasury likewise accepted the programmed P10 billion for the 364-day papers as the tenor attracted tenders worth P26.651 billion. The one-year T-bills fetched an average rate of 1.807%, up 1.9 bps.

At the secondary market last Friday, the three-month, six-month and one-year securities fetched yields of 1.201%, 1.496% and 1.828%, respectively.

Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno said last Friday he believes the economy will not deteriorate further in the next 12 months as businesses are gradually resuming and with the virus better managed.

“I expect that the economy will be more open in Q4 than in Q3, more open in Q1 2021 than in Q4 2020, and so on. So it boggles my mind how the economy will be worse 12 months from now,” Mr. Diokno said.

After the country’s gross domestic product’s (GDP) record 16.5% contraction in the second quarter, which plunged it into recession, Mr. Diokno said he “cannot imagine how the economy will be worse off” as lockdown measures have already been eased since then.

The government expects GDP to shrink by 4.5% to 6.6% this year amid the ongoing crisis. By 2021, the economy is seen bouncing back with a 6.5% to 7.5% growth.

Meanwhile, the US central bank will hold a policy meeting on Sept. 15-16. The Fed slashed rates to near zero in March and has rolled out lending programs to support businesses and households. It is also buying tens of billions of bonds monthly to keep markets functioning smoothly.

Fed Chairman Jerome Powell said earlier this month that while the central bank will keep its foot on the monetary policy gas, lawmakers also need to help with recovery relief, making the government’s failure to pass the next round of stimulus an increasingly worrying development to some investors.

Investors are also hoping to learn more about the Fed’s strategic decision to allow periods of higher inflation as it puts more emphasis on bolstering the labor market. They will also be looking to the Fed’s summary of economic projections, known as the “dot plot,” for clues on how quickly the central bank expects labor markets to recover and how soon it may lift rates from record lows, Reuters reported.

The Treasury is looking to raise P160 billion from the domestic market this month: P100 billion via weekly auctions of T-bills and P60 billion via Treasury bonds to be offered fortnightly.

The government is looking to borrow around P3 trillion this year from local and foreign lenders to help fund its budget deficit expected to hit 9.6% of the country’s gross domestic product. — KKTJ with Reuters

Cacao production unaffected by quarantine, but market dries up

THE quarantine has not affected cacao production, but has kept buyers away, according to Val D. Turtur, president of the Cacao Industry Development Association of Mindanao, Inc. and chairman of the Philippine Cacao Council.

“There is no market outside Davao City, especially for chocolate makers,” he said.

The cacao market slump, which has depressed prices, reflects a broader trend of hard-to-sell crops during the pandemic, which has dampened buying power and disrupted agricultural logistics.

Overall agricultural exports declined 20.6% year on year to $1.45 billion in the second quarter.

Amid pervasive market weakness, Mr. Turtur said the Department of Agriculture’s declaration of Davao as the Philippine cacao capital is serving as a morale-booster for the industry.

He said the official designation will encourage growers to maintain their farms despite low prices while attracting new farmers to join the industry. — Maya M. Padillo

Perfectly imperfect

JEWELS sometimes reflect a fantasy world beyond our reach, and their combined beauty and durability show us perfection that we sometimes can’t find in our own lives. But sometimes the imperfect is more beautiful than the perfect.

The couple behind Borealis Crystals, an online jewelry store, has to deal with a layer of imperfection in their lives: Jared Formalejo, according to their website, suffers from hemophilia (the rare blood-clotting disease that stalked European royalty in the beginning of the 20th century), while his wife, Czarielle, suffers from depression and anxiety. The pair, with the help of jewel suppliers from Pakistan and local metalsmiths, help everyone else live a little with their beautiful pieces. Emerald rings set in vermeil, or else moonstones, opals, or aquamarines with dainty, almost girlish designs speak of another era.

“J always had a fondness for his brother’s accessories which were gemstone bracelets since they looked appealing to him,” said Ms. Formalejo in an e-mail, addressing her husband as “J.” “We were able to scout out stores that sold them. One of the vendors suggested that we start out with reselling their healing crystals. We spent many hours hanging around their store and learning about the geological and metaphysical properties of crystals — and taking in business advice. From there, we started to collect pieces that we eventually sold as well. Then eventually we got into fine jewelry after we purchased an ‘alternative’ engagement ring made of pink sapphire and silver from another local seller. That’s what got us thinking we could do this as well and apply our crystal knowledge,”

Their first post at their store @borealiscrystals, was in 2017, when they first began to sell opaque gemstone bracelets. They later evolved to the aforementioned dainty rings, and started taking in custom orders.

“It started with learning about the crystal’s meanings. Whether or not you believe in the metaphysical properties of the gemstones, they still serve as reminders that can ground you, your mental health and general wellbeing. It gives us comfort that we are protected, blessed and supported by the very things we sell. The name Borealis actually came from a stone that appealed to J’s interest, labradorite. Labradorites reflect various colors under various lights and it reminded us of the Aurora Borealis, the Northern Lights.”

The belief in the magic of gemstones began in ancient times: aquamarines were supposed to protect one at sea, emeralds were supposed to restore love, while rubies gave passion, and sapphires imparted wisdom. Whether or not one believes that, gemstones have a power of their own: they transfix us with their glimmer, we exchange money for them, and sometimes base our perceptions of a person based on how many, or how large, or how bright their stones are (or if they have any). Still, Ms. Formalejo says, “they give us comfort that there may be energies we may not be able to grasp or understand that give us their healing properties. There’s no reason for us to believe that they don’t have meanings/power, so why not? It’s always nice to keep an open mind.”

While some pieces of theirs do prove to be flawless, one might sometimes see stones with some imperfections (these are priced lower). An older woman told me before that stones with flaws were more lucky, while this writer finds they have more personality. It’s still hard to see them in the market though, especially in mainstream jewelry stores.

Mr. Formalejo said, “It’s more due to an emotional attachment to the gem than it is us ‘settling’ for substandard gemstones. We believe that these pieces deserve love and acceptance, similar to individuals who are chronically or mentally ill. Being patients ourselves, we felt drawn to their ‘perfectly imperfect’ state. It’s always a way of coping for C since she has obsessive and perfectionistic tendencies and seeing the beauty of imperfect gemstone helps her feel that it’s okay to have imperfections.”

The pair talked about the differences in handling a business when you’re a person with disability (PWD). “We don’t think the way we run our business is far from how others do it. We simply do tasks we are more competent in. J graduated from business school and C has a broadcast communications degree. We both specialize in advertising and marketing. Logistics and manufacturer relations can be a challenge so it’s something we try to improve on,” they said. “Being PWDs, we’re fairly introverted and awkward so client interactions, honestly, also affects us deeply. Every Sunday we take time off and recharge and bond with our daughter. When C suffers from her anxiety attacks, she needs to pull back from interacting with clients; and when J suffers from internal bleeding episodes, which can leave him debilitated for two weeks or more, we struggle to complete many business and home responsibilities such as product shoots or even making breakfast in the morning — he usually cooks. In these times, we both focus on behind the scene tasks such as planning, marketing, content making and accounting work.” 

An added layer to their challenges, of course, is the pandemic. Ms. Formalejo said, “It’s been a huge struggle, honestly. Logistics have been drastically affected since we’re reliant so much on courier services. Many craftsmen are crippled by not being able to go to their workshops due to quarantine. Dealing with local and international gem suppliers is also a struggle because importing can take an exceptionally long time while it’s very difficult to select and curate gemstones from home with local gem vendors.”

When one thinks of a business run by PWDs, one usually thinks of some weepy story on the local news, which then frames PWD-owned businesses as being a labor of love; creating the perception that maybe, labor from a disability might mean more. We asked the Formalejos about their thoughts on this, and they said, “We’re not sure if our passion is more intense compared to other business owners. Although being PWDs, we might think that we’ll have a harder road to tread since we might have to work harder to compete with others. But it’s okay, that’s part of the experience of having an illness.”

Like many businesses in the pandemic, they have supported causes, though they admit it is not a regular thing. “Recently, we’ve donated funds to help a fellow PWD-run business to give free PPEs to hospitals. We’d like to mention Mr. Federico Sevilla, an epileptic businessman who owns The Leather Collection. He is one of our inspirations in running our business. We also strive to have more time and energy to help the Hemophilia Association of the Philippines for Love and Services (HAPLOS), of which J is a member.”

One doesn’t usually see persons with disabilities in prominent positions in society and business. Although there have been reforms that are allowing more people with disabilities to enter the workforce, there are still a lot of hurdles for them. Asked how important visibility is for PWDs in business, they answered, “PWDs having limited capabilities might suffer in the common workforce. Benefits, time and your salary are highly dependent with your company. Owning a business gives PWDs the privilege of having their own time to themselves, which gives them more opportunities for self-care. Although the challenge for PWDs is keeping the business profitable since they lack the presence of benefits and financial security. In a perfect world, governments ought to truly support MSMEs but even acquiring these benefits, especially for PWDs is difficult.” — JL Garcia

Travel restrictions hit Makati subway construction

THE builder of the Makati City subway is unable to start the construction of the project due to travel restrictions.

“Pending on travel restrictions,” Antonio L. Tiu, president and chief executive officer of the Philippine Infradev Holdings, Inc., told BusinessWorld in a phone message last week, when asked about the schedule of the construction.

On Sept. 9, the Philippine Infradev announced that its subsidiary, Makati City Subway, Inc., had executed the $1.21-billion engineering, procurement and construction (EPC) contract with China Construction Second Engineering Bureau Co. Ltd.

The Makati City Subway, Inc. is the corporate vehicle formed to undertake the project.

The contract signing took place during the 2020 International Fair for Trade in Services, The Belt and Road and Overseas Projects held in Beijing, China, the company said in a statement.

It said the contract covers two components: civil works and mechanical, electrical and plumbing or MEP works.

The $3.5-billion Makati City Subway Project is being undertaken as a public-private partnership between Philippine Infradev and the City Government of Makati.

“The terms of the EPC contract are made taking into consideration the provisions of the Joint Venture Agreement dated 30 July 2019 between the company (and the consortium it represents) and Makati City,” the company said.

The subway will have 10 stations traversing 10 kilometers of Makati City’s central business district, which the proponent hopes will help decongest road traffic by carrying about 700,000 passengers daily.

Philippine Infradev had  tapped several Chinese firms for the subway project. — Arjay L. Balinbin

British designer Terence Conran, 88

LONDON (Reuters) – Terence Conran, a renowned designer and restaurateur credited with modernizing British retail and decor, has died aged 88, his family said on Saturday.

Conran made his name in the 1960s with the Habitat home-furnishing store, known for its contemporary pine furniture, brightly colored fabrics and tasteful kitchenware which proved a big hit with the public.

He went on to become chairman of the Storehouse Plc retail group which included other well-known British high street shops such as Mothercare and British Home Stores.

Also passionate about food, his first restaurant, The Soup Kitchen, opened in London in 1953, and he went on to open many more in the capital including Le Pont de la Tour, Quaglino’s, and Mezzo, with his restaurant interests also ultimately stretching from Paris to New York and Tokyo.

“Terence Conran was instrumental in the redesigning of post-War Britain and his legacy is huge,” said Tim Marlow, director and chief executive of London’s Design Museum, which Conran founded.

“He changed the way we lived and shopped and ate.”

His family echoed this.

“He was a visionary who enjoyed an extraordinary life and career that revolutionized the way we live in Britain,” it said in a statement.

ALL ABOUT DESIGN
Conran studied textile design at the Central School of Arts and Crafts in London and launched Habitat in 1964, dreaming of providing well-designed goods for ordinary people.

A single store in west London grew into a national and international chain. He opened his first The Conran Shop, which also focused on furniture and home decor, in 1972 and was knighted in 1983.

“I’ve spent a colorful lifetime working in design and everything related to it, because design is where all the things I have worked on meet,” he wrote in a Q&A for the Design Museum’s website, crediting his mother a major inspiration.

“The restaurants, hotels and bars we have designed or operated, the shops, the interiors, the buildings, the products and furniture or the books I have written – design is the one thing that connects them all and they add up to what I call a style of life.

“I also realize how lucky I have been in that everything I have ever done for work or business I would have done simply for pleasure.”

His business enterprises were not always a success and in 1990 he stepped down as chairman of Stonehouse which sold the loss-making Habitat chain two years later to Swedish rival IKEA.

He turned his back on the mass market to focus on his upmarket retail stores and restaurants. — Reuters

PhilRice mobile app to help optimize fertilizer dosages

THE Philippine Rice Research Institute (PhilRice) said it has developed a mobile application that will help farmers determine the right amounts of nitrogen fertilizer to use for rice.

The application, PhilRice Leaf Color Computing App (PhilRice LCC App), checks the nitrogen status of the rice plant and is based on an older tool, a leaf color chart.

“Designed for farmers, extension workers, researchers, and students, the mobile app generates nitrogen recommendations in just under a minute based on the digital images of intact rice leaves photographed directly from the field,” PhilRice said.

According to PhilRice senior researcher Ailon Oliver V. Capistrano, the users must photograph the topmost, fully expanded rice leaf on a smartphone using available light.

Mr. Capistrano said the nitrogen levels can be determined from photographs, guiding decisions on fertilizer use.

“The app measures the intensity of green color based on the captured leaf images and converts this into values correlated with the amount of nitrogen in the leaf,” Mr. Capistrano said.

PhilRice Deputy Executive Director for Development Karen Eloisa T. Barroga said the app will keep farmers from using excessive nitrogen fertilizer during the wet season and also cut down on pest infestation.

PhilRice said in its Facebook page that 75% of the clients are farmers, while the rest are students, extension workers, and researchers.

“Many farmers are now online. They also have their children to assist them. I’m sure that the app will quickly find its way to them to guide them in the accurate application of nitrogen,” Ms. Barroga said.

PhilRice said its mobile app can be downloaded for free via the Google Play Store. — Revin Mikhael D. Ochave