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Beat the Heat: Keep pets safe from overheating this summer

PEXELS.COM

AS SUMMER deepens and temperatures continue to rise — the Metro’s temperature spiked to 35.2C on May 4, according to the weather bureau, with a heat index of a truly wilting 39C — people are not the only ones who suffer. Pet owners are now tasked to tap into their creative side and come up with different ways to help them and their pets beat the heat and avoid heat exhaustion over the next two months.

Dogs or cats who suffer from overheating will exhibit excessive panting or difficulty breathing. Dehydration can be found through symptoms such as a dry nose, visible tiredness, and sunken eyes. Additional symptoms also include pale gums, panting, bright red, gray, purple, or bluish gums, and a rapid pulse. If left untreated, pets can experience organ failure, which can be fatal. Pet owners should contact their veterinarian right away if their dog or cat exhibits any of these symptoms.

Committed to educating the Filipino pet community on proper pet care, the Pet Food Institute (PFI) shares tips on how pet owners can protect their pets from overheating.

1. Cool Your Pet Inside and Out

Pet owners must remember that pets sweat differently than humans. Dogs and cats both sweat through their paws, and may pant or self-groom to help bring down their body heat. When the temperature rises, pet owners are encouraged to bring their pets in a well-ventilated indoor area where the air can freely circulate.

Another way for pet owners to help bring down their pets’ body temperature is to wrap a wet towel around their pet, or enjoy time in a colder body of water, such as a pool or cool bath.

2. Limit Exercise on Hot Days

Pets require regular exercise regardless of the season. During the summer, owners can design and come up with fun ways to exercise their pets without exposing their four-legged companions to too much heat.

Owners must take note that if the floor is too hot for them to touch, then it is hotter on the pets’ paws, therefore they have to adjust the intensity and duration of their walks to ensure their pets’ overall wellbeing.

On very hot days, pet owners should consider walking their dogs very early in the morning or late in the evening when the temperature is much lower. Dog owners may also opt to have their pets play on the grass instead of the hot asphalt so their dogs’ soft and sensitive paws are safe from the heat.

While exercising or playing with their pets, owners must never forget to provide enough fresh water for their pets.

3. Provide Ample Water

Pets can get dehydrated quickly, especially during  summer. Therefore, owners must give them plenty of fresh, cool, and clean water to help quench their thirst. Having a bottle of cold water, as well as a clean pet bowl, is recommended to prevent pets from drinking dirty water from pools or standing water when they’re outside the house. Several products are now commercially available to help owners and their pets stay cool during the summer.

Pet owners should always keep an eye for signs of overheating. If their pets are unresponsive, or showing signs such as wheezing, disorientation, vomiting, diarrhea, seizures, or even collapse, pet owners must immediately contact and bring their dogs or cats to the nearest vet and seek the proper treatment.

D&L Industries’ income grows 35% as business segments recover

LISTED manufacturing firm D&L Industries, Inc. saw its first-quarter net income rise by 35% to P695 million year on year as the profitability of its business units recovered.

In a press release on Wednesday, the manufacturer of food ingredients, specialty plastics and chemicals said that its net income for the three months ending March was 9% higher quarter on quarter.

All of its business segments posted “significant recoveries” in their net income, with food ingredients improving by 37% to P219 million, chemicals increasing by 17% to P207 million, and specialty plastics growing by 27% to P181 million on a year-on-year basis.

“The recovery was mainly driven by people and businesses gradually adapting to the new normal. With more than a year into the pandemic, D&L, as well as many of its customers, has found new ways to continuously operate despite various mobility restrictions,” the firm said.

It said companies engaged in the food ingredients sector are now better prepared to serve customers by providing them with take-out and delivery options.

The firm added that its bottom line for the quarter was boosted by P32 million because of the lower income taxes under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act.

The CREATE law lowers the corporate income tax (CIT) rate for local companies to 25% of their taxable income from July 1 onwards. The CIT of companies that hold assets not exceeding P100 million and taxable income not exceeding P5 million is lowered to 20% of their taxable income.

“Compared to pre-pandemic levels, 1Q21 (first quarter 2021) income seems to be tracking ahead of FY19 (fiscal year 2019) income but still slightly behind FY18 income,” D&L noted.

The company does not expect the extension of the second strictest lockdown level in the capital region and nearby areas to be “as damaging as last year” since it is less restrictive this time around.

“Assuming that 1Q21 income holds steady in the next couple of quarters, the company is set to at least reach its net income level in 2019,” D&L said.

On Wednesday, the company also said that it had so far spent P4.5 billion for its Batangas facility that will serve its growing exports in the food and oleochemicals segments. It plans to spend the remaining P3.5 billion of its capital expenditure budget until early 2022.

The project is aimed at boosting D&L’s capacity to manufacture downstream packaging, and help it capture a bigger part of the production chain.

Two months ago, the company said that its board of directors had greenlit a plan to offer peso-denominated fixed-rate bonds of up to P5 billion to finance its expansion project in Batangas.

Shares in D&L at the stock exchange closed at P7.66 each on Wednesday, up by 28 centavos or 3.79% from the last session. — Angelica Y. Yang

Monitoring work-from-home workers via webcams not feasible, Lenovo says

MONITORING work-from-home employees through their web cameras is not a good idea as it is difficult to impose, according to Lenovo Philippines, noting that there are alternative tools that companies can use to track productivity.

“No, [it’s not a good idea] definitely… Parang ang hirap namang mag-impose (it seems hard to impose) that they should open their camera, right?” Lenovo Philippines President and General Manager Michael Ngan said at an online press briefing on Tuesday.

“Maybe, the manager or the direct supervisor can impose that… It depends on the company. But that’s one area that’s very hard to really impose in a work-from-home scenario,” he added.

He also noted that monitoring productivity has become a challenge for many companies during the pandemic crisis. “When they adopt the work-from-home or work-from-anywhere setup, the biggest challenge is really productivity.”

“Definitely, it’s expected that productivity will drop. But there are tools that are able to track employee productivity while working from home or while working anywhere,” Mr. Ngan explained.

“There is a software that is able to really monitor and capture how many times you opened your e-mail, how many times you spoke to your customers over VoIP (voice over internet protocol), and a lot more,” he added.

In its recent study on the future of work and digital transformation, Lenovo found that 83% of information technology decision makers surveyed globally expect post-pandemic work to be remote “for at least half the time.”

“Companies are now deviating from the standard business arrangement as technology empowers them to modify structures as necessary,” Lenovo said in an e-mailed statement.

“A hybrid work arrangement is likely to be a trend, where employers will allow workers to come to the office two to three days per week in a five-day work week,” it added. — Arjay L. Balinbin

Dining In/Out (05/06/21)

Mother’s Day Diamond Cake

The Pen helps celebrate Mother’s Day at home

Every mother deserves to have a Peninsula experience on her big day — and every day — that’s why The Peninsula Manila wants to celebrate moms the whole month of May with menus created especially for her by its chefs to enjoy while safely ensconced at home. The hotel suggests making Mother’s Day at home a celebration with a beautiful Peninsula Cakeaway Afternoon Tea Set, extravagant Mother’s Day Family Platters, and finish on a sweet note with delicious pastries, cakes, and confections. First there is the Mother’s Day Cakeaway Afternoon Tea Set, served in a vintage-patterned three-tier Afternoon Tea Set Box for three persons (P3,490). The afternoon tea treats include sandwiches like Herbed cream cheese and cucumber, Devilled egg, and Turkey ham with cheese and lettuce; a Spinach, sun-dried tomato and roasted capsicum quiche; a raisin scone, lemon curd, strawberry jam, clotted cream, raspberry eclair, and calamansi macaron, among other items. Then there is the “Mom is Queen on Mother’s Day” Menu which serves a minimum of three persons. The main courses are Herb Crusted Australian Lamb Rack (P2,490), US Beef Wellington (P2,490), Norwegian Salmon Wellington (P1,990), Cebu Pork Belly Lechon (P1,990),  and Whole Roasted Corn-fed Chicken (P990). The dishes come with a choice of two side dishes and one sauce. The side dish choices are Cauliflower and broccoli gratin, Black truffled mash potato, Chorizo mac & cheese, Buttered seasonal vegetables, and Bagoong and shrimp fried rice; while the sauce choices are red wine sauce, lemon butter crème sauce, mushroom gravy, liver sauce, and rosemary lamb jus. The whole family can enjoy the Mother’s Day Family Platters (serves a minimum of four persons) which include Pancit luglug (P1,990), Pancit canton (P1,990), Oven-baked lasagna (P2,490), Beef short ribs kare-kare (P2,490), and Bistek Tagalog made with US Angus beef (P2,490). For the mom with a sweet tooth, there are bakery items like Ube or Cheese ensaymada, Leche Flan doughnut, Caramelized crunchy brioche, Penstones, and Fresh strawberry and vanilla custard croissant. The hotel also offers a Special Mother’s Day Cake (serves eight persons): Raspberry chocolate mousse with moist chocolate sponge (P1,250). There are also Peninsula Dessert Tubs (P400, serves two persons) of Tiramisu, Banana Cream Pie, Tres Leches, and Grandma Chocolate Mousse; whole cakes (P1,500 for an eight person cake, P750 for a cake that serves four persons), namely Dulce De Leche and Churros Cheesecake, Fresh Strawberry n’ Cream Cake, Ube Leche Flan Cake, and Decadent Chocolate Cake; and boxes of macarons (P750 for six, P1,500 for 12). For inquiries and orders, call 8887-2888, send an e-mail to penboutiquepmn@peninsula.com or online at https://bit.ly/PenChatFacebook.

Mother’s Day Specials at Diamond’s online shopping site

DIAMOND Hotel Philippines just added new culinary selections to its online shopping site onlineshopping.diamondhotel.com to turn mundane home meals into hotel-at-home feasts. With Mother’s Day just around the corner, give mom’s a treat by ordering the Coconut, Raspberry Confit, and Matcha with Crispy Praline Crunch Entremet Cake, or a Mother’s Day Grazing Box (which includes chocolate covered strawberries, French macarons, meringues, soft eclairs, and more), or any of the four special Chinese Luxury Set Platters. The online shopping site has plenty of other choices like the Diamond Hotel’s noodle platters — Seafood Bihon Guisado, Seafood Pancit Palabok, and Seafood Sotanghon Guisado. For lunch and snacks there are the Sandwich Grazing Boxes (serving two to four persons), with four to choose from. There are also Tea Time Boxes in three kinds — Continental, Filipino and Chinese, great for themed Zoom events and meetings. When planning the weekly meals and running out of ideas, order the Smoked Salmon Baked Sushi and Bacon & Cheese Baked Sushi, or the Boodle Platter which is an all-time Filipino favorite.  If it is a complete platter in one that you seek, the Bento Sets are available. For self-care, try the Vanilla Bomboloni, the hotel’s version of the Italian treat, or the Burnt Basque Diamond Cheesecake to share. For details visit onlineshopping.diamondhotel.com or e-mail restaurant_rsvn@diamondhotel.com. Lead time for orders on the online shopping site are mostly one day prior to the date of delivery except for Chinese Platters and Clams Selection which require two days. Payments may be made via credit card, PayPal, or online bank transfers (for Metrobank only). Orders must be picked up at the Main Entrance of Diamond Hotel Philippines, Roxas Boulevard, cor. Dr. J. Quintos St., Manila daily from 9 a.m. to 5 p.m.

Jasmine reopens for Mother’s Day weekend

THE NEW World Makati Hotel is reopening Jasmine restaurant for its all-you-can-eat signature dim sum, barbecued dishes, desserts and more during Mother’s Day weekend, May 8 and 9. The venue will be accepting guests for lunch and dinner on May 8 and lunch on May 9 for the  Yum Cha offer. Takeout, pick-up and delivery services continue to be available daily for those who prefer to dine at home. Guests can try new additions to the menu such as Minced chicken and truffle mushroom dumpling and Pork bean curd with red berry, along with favorites such as barbecued Honey roasted pork, steamed Har gao shrimp dumplings, Xiao long bao Shanghainese pork dumplings, Shao mai pork and crab meat dumplings, and Barbecued pork buns, as well as Seafood taro puffs, Barbecued pork puffs, and much more. Some of the restaurant’s best-selling main courses are also included in the offer, such as the Deep-fried sole fillet with salted egg, Wok-fried Kong Pao chicken and cashew nuts, Sweet and sour pork, and Braised bean curd with black mushrooms. A selection of rice, noodle, and congee dishes are likewise available. Guests can opt to add more of Jasmine’s signature dishes to complete the meal. Dishes such as the famous Crispy pork belly (P240), Soy chicken (P240) and Pan-fried beef tenderloin (P280) are offered at an add-on price. All moms who dine on May 9 get a complimentary bath set gift. Jasmine’s Yum Cha is priced at P1,288 for Mother’s Day on Sunday. On May 8 and the succeeding weekends (except holidays), the rate is P1,088. All prices are nett. Jasmine’s premium dim sum may likewise be enjoyed in the comfort of home via takeout, pick up, or third-party delivery service. Two special Mother’s Day set menus are ideal for groups of four. Set menus 1 and 2 are priced at P6,988 and P7,988, respectively. An a la carte selection of their dim sum, soup, barbecued items, dessert, and more are available to order daily for lunch or dinner. A minimum spend of P5,000 or more for takeout, pick-up and delivery also comes a free bath set gift. For table reservations or orders, guests can call +632 8811-6888, send a message on Viber at 0917-888-4194 or e-mail fbreservations.manila@newworldhotels.com.

Sofitel Manila opens cloud kitchen just in time for Mother’s Day

SOFITEL Philippine Plaza Manila presents its first cloud kitchen — named Easy Peasy — just in time to celebrate Mother’s Day. Easy Peasy features favorites, beloved classics, and new specialties delivered straight to one’s doorstep. With just a few taps of the finger, get a taste of treats such as Sofitel’s signature chocolate chip cookies, French croissant, pain au chocolat, a pizza and pasta menu, Singapore’s popular Hainanese chicken, savory and spicy Thaired beef curry, Tex-Mex staple slow-cooked steak fajitas, and prime US-grade Rib Eye steak, just to name a few. Easy Peasy’s menu is available daily, 10:30 a.m. to 9 p.m., and may be ordered directly through Facebook, by phone, or e-mail, as well as through major food delivery platforms Grab, Foodpanda, and Pickaroo. For inquiries and direct orders, send a message through the Easy Peasy Manila Facebook page or call 8832-6988 or e-mail H6308-FB12@sofitel.com. FollowEasy Peasy Manila on Facebook and Instagram for more updates and fresh promotions.

Gourmet Everyday with Grand Hyatt Manila

GRAND Hyatt Manila invites everyone to #DineAtHome and savor the  cuisines from The Grand Kitchen, No. 8 China House, and Florentine. The 5-star hotel’s teams of chefs and F&B professionals are working on menus for family dinners, birthdays, corporate meetings, virtual events, coffee breaks, or to simply satisfy sweet cravings. There are feasts for six featuring vegan, Western, and Chinese dishes. Patrons can choose from a variety of set meals, which include appetizers and main course platters. There are also ala carte options for big groups: curated 14 set menus that are perfect for corporate meetings and virtual events. Each set is complete with an appetizer, main course, dessert, and soda for beverage. The selection features a variety of cuisines including Japanese, Chinese, Thai, Italian, American, Indonesian, and German dishes. Each diner can choose their preferred meal set. Grand Hyatt Manila offers three sets of  snacks: sausage rolls, quiche lorraines, and empanadas matched with salads and a fruit cup or yogurt. For those with a sweet tooth, The Florentine offers seven sweet treats: a Whole Vegan Chocolate Brownie, Chocolate Mocha, Strawberry Cheesecake, Hazelnut Profiterole, Honey Dulce De Leche, Strawberry-Raspberry Shortcake, and the Signature Almond Florentine. Delivery is free for offices and clients within Bonifacio Global City (BGC). Deliveries to cities outside of BGC can be arranged by the customer using their preferred courier service. Curb-side pick-up is also available at the main driveway of the hotel from 10 a.m. to 6 p.m. For general inquiries, contact Grand Hyatt Manila via e-mail at manila.grand@hyatt.com or call 8838-1234. For corporate clients and concerns, email mangh-events@hyatt.com.

Tapenade’s Spanish feast for Mother’s Day

DISCOVERY Primea prepares a festive Mother’s Day spread for families to enjoy at home. Offered throughout Mother’s Day weekend, the Spanish Feast at-home meal kit features a selection of tapas, main dishes, and sweet endings. Included in the selection are Croquetas de pollo y trufa with aioli dip, Tortilla de patatas with chorizo, onion, and parsley, plus Gambas al ajillo with garlic, EVOO, and a baguette. A serving of ensalada campera with seared tuna, mixed greens, olives, radish, cherry tomatoes and egg is a refreshing addition to the meal. The highlight of the spread are two Spanish dishes prepared by Executive Chef Luis Chikiamco. Offered only during Mother’s Day weekend, the paella de mar y montaña treats diners to the rich aromas and tastes of chicken, chorizo, shrimp, squid, green beans, and mushroom. The Pescado al horno is a seafood specialty, with oven-baked black bass, chickpeas, and romesco. For dessert, families can share the Crema catalana flan. A bottle of Prosecco or non-alcoholic sparkling wine accompanies the spread. The at-home meal kit also includes a complimentary box of Madelenas de Chocolate. Good for three to four persons, the Mother’s Day Spanish Feast is offered at P4,500 nett, and is available for direct takeout or delivery through the customers’ preferred courier service from May 7 to 9. The hotel recommends placing orders and payments in advance, at least 24 hours prior the desired pick up or delivery date. The at-home meal kit comes with reheating instructions to guide diners on how to properly warm up their meal at home. For details visit https://www.discoveryprimea.com/mothers-day-2021/. For orders and inquiries, customers may call 7955-8888 or e-mail primea.restaurants@discovery.com.ph.

Crimson celebrates Mother’s Day with treats and gifts

CRIMSON Hotel Filinvest City, Manila has whipped up special offers and food takeaways for the most important women in our lives. Café Eight makes dining at home more exciting with “Thai’s the Limit” — a flavor-packed lunch or dinner takeaway that the whole family can savor. Complete from appetizer to dessert, this Thai-inspired feast — Thai Shrimp Cake, Pomelo Salad, Thai Grilled Chicken, Pad Thai, and Sticky Mango Rice — is good for four people and served in a self-heating portable hotbox for P1,500 net. For the whole month of May, Firehouse Pizza offers a pizza date at home with a selection of one signature pizza, one pizza of the month, eight pieces of Parmesan fried chicken wings with garlic aioli, one pan of Bolognese with your choice of pasta, and six orders New York cheesecake, all for P2,000 net. The hotel’s soon-to-open patisserie and boulangerie, Baker J, has a Mother’s Day treat too: Breakfast in Bed Surprise which features buttery pastries such as Pain au Chocolat, Cashew Praliné, Raspberry croissant, Tigré, Financier, Madeleine, Canelé, Douceur mango paired with homemade pineapple jam. Cap the celebration off on a sweet note with Cakes as Sweet as Mom — Baker J’s Choco Royale, Dulce de Leche Cheesecake, Red Pearl, and Mango Graham cakes for 25% off. Moms will receive a free Rustan’s Gouache canvas pouch bag with a minimum purchase worth P1,500. For details, visit www.crimsonhotelfilinvestcity.com, call 0998-961-3409, or e-mail dining@crimsonhotel.com.

Ortigas Malls host Bagsakan fresh food markets

THROUGH a team up with Mayani, the Philippines’ fastest-growing farm-to-table platform, Ortigas Malls brings The Grand Bagsakan to Greenhills in San Juan, and to Tiendesitas and Estancia in Pasig where community members can get some of the best and freshest products straight from local farmers. Commencing this May, consumers will enjoy products like vegetables, cheese and dairy, meat products, and homemade food products straight from farms and cooperatives. This initiative enables Ortigas Malls to co-create a chain of positive impact by granting customers access to quality goods while giving  hardworking farmers better earning opportunities. Consumers can now place orders — the cutoff will be on May 12 at noon. The Grand Bagsakan event starts on May 14, from 9 a.m. to 6 p.m., and its drive-by stations will be in strategic locations around the malls. This initiative will run once a month until the end of the year — on June 25, July 23, Aug. 27, Sept. 24, Oct. 22, Nov. 26, and Dec. 23. Order now through http://cutt.ly/BAGSAKAN. Meanwhile, enjoy outdoor dining and everything it has to offer at Ortigas Malls, which have opened up al fresco dining areas. Visit Greenhills, Tiendesitas, Estancia, and Industria now and enjoy a memorable al fresco dining experience.

Kenny Rogers brings back Garlic-Butter Roast chicken

KENNY Rogers Roaster’s Garlic Butter Roast chicken is making a comeback. The flavorful rotisserie-roasted chicken is back with its garlic-infused, creamy buttery sauce. The Garlic Butter Roast comes in two meal selections: Solo Plate B comes with a quarter garlic butter chicken, two side dishes, rice, and Kenny Rogers’ homemade muffin for P305; and the Garlic Butter Group Meal which has a whole garlic butter chicken, four side dishes, four rice and homemade muffins, and a 1.5 liter of Pepsi for P1,060. Every garlic butter chicken is served with garlic butter sauce and peppered garlic-potato garnish. Kenny Rogers Roasters has also added two new side dishes: Orzo Salad with rice-shaped orzo pasta mixed with tomatoes and a sweet tangy dressing, and a Cauliflower Gratin complete with baked cauliflower with white sauce topped with melted cheese. Kenny Rogers Roasters’ Garlic Butter Chicken is available for a limited time only. Order via kennyrogersdelivery.com.ph or call the hotline at 8-555-9000. It can also be ordered via GrabFood and Food Panda.

More McDonald’s offer outdoor dining, Bike & Dine options

SINCE last year, McDonald’s has begun investing in creating more outdoor dining spaces by setting up tables and chairs outside for customers to have more options where they can enjoy their favorite meals. This is in addition to improving existing outdoor dining facilities already integrated in the store design. Under the M Safe program, stringent health and safety protocols are in place to assure that diners can enjoy their food while assured of a high standard of safety. Customers who will visit the stores will be subjected to contact-tracing and temperature checks, and are required to wear face masks and shields. Social distancing will be followed at all times from queueing for their orders and while dining in. Cashless payment options are also available in stores to minimize physical contact. Another outdoor dining innovation is McDonald’s Bike & Dine wherein cyclists have a dining space after they have “Ride Thru” or ordering through the Drive Thru lane. With Bike & Dine, cyclists can mount their bike securely in racks that are attached to a ledge which doubles as a table. Through this, bike-riding customers can enjoy their meals without worrying about the safety of their bicycles. Cyclists can already enjoy this in the Vermosa and McKinley West branches, and soon, in more stores nationwide. To check which McDonald’s stores offer outdoor dining options, visit the McDonald’s website at https://mcdonalds.com.ph/store-locator and click the “Outdoor” option. Customers may also use the same website to be updated on the daily operations of stores, and check if the branches offer Take-Out, Drive-Thru and McDelivery.

Summer Shack Mother’s Day promo

FOR the summer, Shake Shack offers an Order ahead, Skip the booking promo — for a minimum spend of P2,500, the diner can skip booking a rider and the delivery fees when they order two days (or more) ahead. Just call a Shack outlet, choose a time slot range between 11 a.m. to 1 p.m. or 4 to 6 p.m. and settle the payment. Together with SpeedFood, Shake Shack will take care of the delivery, fuss free. The promo runs for a limited time only. Planning a Mother’s Day lunch or dinner? From May 7 to 9, buy P2,500 of Shake Shack products and get a Shack White wine. Available only to cities without an imposed liquor ban (check with your local government if your area is covered by the liquor ban policy before ordering). Finding it tricky to plan a safe get together? Pay tribute to mom through social media. Post a photo of you and your mom two-gether on your Instagram feed and let everyone know in the caption what fine (or funny) traits you got from her. Tag @shakeshackph and use the hashtag #gotitfromher. Five winners will get Shack gift cards worth P1,000 each. Giveaway runs from May 5 to 8. Winners will be posted on Shack’s official Instagram account @shakeshackph on May 9.

Make cakes in 2 minutes with MAYA Happy Mugs

FOR a quick pick-me-up, try the MAYA Happy Mug — just add water then pop it in the microwave oven for two minutes. Available in chocolate and caramel flavors, these convenient special mug cakes come in ready-to-mix single servings and come with their own syrup packets. While good all on its own, MAYA Happy Mug can also be a great base for other sweet creations. For instance, add in apple pie filling and whipped cream to the chocolate mug cake mix to have some Chocolate Apple Pie Mugcake. Just pour half of the chocolate cake mixture into the mug cake packaging cup and fill the center with a tablespoon of apple pie filling. Add the remaining mug cake mixture. Pop it in the microwave for 1 minute and 30 seconds without the cover or lid. Let it cool for a few minutes before topping it with whipped cream and more apple pie filling right before serving. Follow and like Maya Hotcakes and More on Facebook, and @MayaHotcakesandMore on Instagram and Twitter.

Headline inflation rates in the Philippines (April 2021)

INFLATION remained stable in April, while core inflation eased to a five-month low, leading economists to expect the central bank to keep rates on hold at next week’s policy-setting meeting. Read the full story.

Headline inflation rates in the Philippines (April 2021)

How PSEi member stocks performed — May 5, 2021

Here’s a quick glance at how PSEi stocks fared on Wednesday, May 5, 2021.


PSEi hits 2021 low as inflation hurts sentiment

BW FILE PHOTO

THE main index hit a 2021 low on Wednesday as inflation data released earlier in the day showed consumer prices remained high, which affected market sentiment.

The 30-member Philippine Stock Exchange index (PSEi) declined by 59.46 points or 0.93% to close at 6,299.69 on Wednesday, while the all shares index dropped by 24.39 points or 0.62% to 3,882.43.

“The market plunged to its lowest level this year as inflation remained elevated in April,” AB Capital Securities, Inc. Junior Equity Analyst Lance U. Soledad said in a Viber message.

“This further adds to the negative sentiment this week, following the report of the first manufacturing contraction recorded this year, as well as poor [first-quarter] earnings performance…,” Mr. Soledad added.

Meanwhile, AAA Southeast Equities, Inc. Research Head Christopher John J. Mangun said the market is “slowly giving up all the gains from the last rally that started in October.”

“Inflation [data] for the month of April… should mean that prices are peaking and may begin to decline and should have generated some optimism, although most remain concerned as the price of meat continues to rise,” Mr. Mangun said. “Trading volumes also declined as more investors lost interest in the market.”

Headline inflation stood at 4.5% in April, unchanged from the previous month but faster than April 2020’s 2.2%, preliminary data from the Philippine Statistics Authority showed.

Year to date, inflation averaged at 4.5%, still above the central bank’s 2-4% target and its forecast of 4.2% for the year.

“Vaccine rollout maintains at [a] slow pace with foreign investors continuing to sell while most investors remain at sidelines as manifested in the value turnover,” Diversified Securities, Inc. Equity Trader Aniceto K. Pangan said in a text message.

Value turnover went down to P3.89 billion on Wednesday with 4.15 billion shares switching hands from the P4.63 billion with 3.19 issues traded on Tuesday. Meanwhile, net foreign selling increased to P653.37 million on Wednesday from P371.78 million on Tuesday.

Majority of sectoral indices closed in the red on Wednesday, except for mining and oil, which gained 119.76 points or 1.26% to finish at 9,573.66.

Holding firms went down by 83.10 points or 1.28% to 6,374.09; property dropped by 19.91 points or 0.65% to 3,029.91; services shed 8.89 points or 0.6% to end at 1,430.23; financials lost 7.40 points or 0.52% to 1,394.08; and industrials fell by 42.89 points or 0.49% to close at 8,556.60.

Decliners outnumbered advancers, 114 against 92, while 43 names closed unchanged.

AB Capital Securities’ Mr. Soledad placed the PSEi’s support at 6,200.

“The steady decline in new COVID-19 (coronavirus disease 2019) cases has failed to generate optimism as it may not lead to an easing of restrictions in the coming weeks,” AAA Southeast Equities’ Mr. Mangun said. — K.C.G. Valmonte

Peso continues to rally vs dollar on slower-than-expected inflation print

BW FILE PHOTO

THE PESO appreciated versus the greenback for the fifth straight day as inflation was steady in April and as the daily tally of coronavirus cases remained low.

The local unit closed at P48.025 per dollar on Wednesday, appreciating by 1.3 centavos from its P48.038 finish on Tuesday, data from the Bankers Association of the Philippines showed.

The peso’s close on Wednesday was its best since Feb. 15’s finish of P47.93 per dollar.

The local unit opened the session at P48.03 versus the dollar. Its weakest showing was at P48.13, while its intraday best was at P47.96 against the greenback.

Dollars traded jumped to $1.2 billion yesterday from $730.7 million on Tuesday.

The slower-than-expected April inflation print boosted market sentiment and supported the peso, a trader said in an e-mail.

Headline inflation stood at 4.5% for the second straight month in April, the Philippine Statistics Authority (PSA) reported on Wednesday.  However, this was faster than April 2020’s 2.2%.

April headline inflation was slower than the median 4.7% in an analyst poll BusinessWorld conducted late last week and settled within the Bangko Sentral ng Pilipinas’ (BSP) own 4.2-5% estimate.

Year to date, inflation averaged at 4.5%, still above the BSP’s 2-4% target as well as its inflation forecast of 4.2% for the year.

Inflation eased in the indices of food and non-alcoholic beverages at 4.8% in April from 5.8% in March; and alcoholic beverages and tobacco at 12% from 12.1%.

On the other hand, annual increases were noted in housing, water, electricity, gas, and other fuels (1.5% from 0.9%); furnishing, household equipment and routine maintenance of the house (2.1% from 1.9%); health (3.1% from 2.9%); transport (17.9% from 13.8%); communication (0.3% from 0.2%); and restaurant and miscellaneous goods and services (3.4% from 3.1%), PSA data showed.

The easing number of new coronavirus infections also boosted the peso versus the dollar, Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said.

The Health department reported 5,685 new coronavirus cases on Wednesday to bring the total to more than 1.073 million. Meanwhile, active cases stood at 66,060.

For Thursday, Mr. Ricafort gave a forecast range of P47.97 to P48.07 per dollar, while the trader expects the local unit to move within the P48 to P48.10 range.

Philippines OK’s emergency use for Moderna

THE PHILIPPINE Food and Drug Administration (FDA) on Wednesday approved the emergency use of Moderna, Inc.’s coronavirus vaccine.

The benefits of using the vaccine “outweigh the known and potential risks,” FDA Director General Rolando Enrique D. Domingo told an online news briefing.

The drug is 94% effective against the coronavirus, he said, citing phase three clinical trials.

Moderna filed an application for emergency use on April 26 through Zuellig Pharma Corp., the local distributor and importer of its vaccine.

Moderna’s coronavirus vaccine is the seventh to be approved for emergency use by the Philippines after those made by Pfizer, Inc., China’s Sinovac Biotech Ltd., AstraZeneca Plc, Russia’s Gamaleya Research Institute of Epidemiology and Microbiology, Johnson & Johnson, Inc. and India’s Bharat Biotech.

Potential side effects from the Moderna vaccine were “mild and transient, similar to common reactions.”

US Ambassador Jose Manuel G. Romualdez last month said the Philippines would take delivery of about 20,000 doses of the vaccine made by Moderna. The first batch of Moderna vaccines are expected to arrive by mid-June.

The Department of Health (DoH) reported 5,685 coronavirus infections on Wednesday, bringing the total to 1.07 million.

The death toll rose by 178 to 17,800, while recoveries increased by 8,961 to 993,042, it said in a bulletin.

There were 62,713 active cases, 1.2% of which were critical, 94.4% were mild, 1.8% did not show symptoms, 1.6% were severe and 1.02% were moderate.

The agency traced the low tally to fewer samples processed by laboratories at the weekend.

DoH said 22 duplicates had been removed from the tally, 17 of which were tagged as recoveries. It added that 112 recoveries were reclassified as deaths. Five laboratories failed to submit data on May 5.

About 11.3 million Filipinos have been tested for the coronavirus as of May 3, according to DoH’s tracker website.

The coronavirus has sickened about 155 million and killed 3.2 million people worldwide, according to the Worldometers website, citing various sources including data from the World Health Organization.

About 132.5 million people have recovered, it said.

Meanwhile, Health Undersecretary Maria Rosario S. Vergeire said the agency wants travelers to be tested for the coronavirus seven or eight days upon arrival, when viral load is high.

Under current protocols, inbound travelers must get swabbed on the fifth day of their quarantine.

INDIA TRAVELERS
Ms. Vergeire told an online news briefing six passengers from India who arrived before the travel ban had tested positive for coronavirus.

The samples of the six passengers out of 110 passengers who got tested had been sent for genome sequencing. Six more passengers had not been found.

The Philippines imposed a 16-day travel ban on India starting on April 29 due to a surge in cases there.

Experts have said new variants including a “double mutant” first detected in India had caused the spike in cases there, Reuters reported last month.

The Philippines targets to vaccinate millions of residents in Manila, the capital and nearby cities and provinces this year as vaccine supply issues hinder it from achieving herd immunity for the entire country, the presidential palace said on Tuesday.

The government expects herd immunity in the National Capital Region and the provinces of Laguna, Rizal, Cavite and Bulacan by November, vaccine czar Carlito G. Galvez, Jr. said.

The government earlier said it was seeking to vaccinate as many as 70 million Filipinos this year.

Mr. Galvez earlier said the country needed to inoculate three million people weekly to achieve herd immunity this year.

The country needs to get at least 15 million vaccines every month to achieve the goal, he said at a televised meeting with President Rodrigo R. Duterte on Monday night.

The government has set up 5,000 vaccination sites that can give 100 shots a day, a major requirement to achieve herd immunity, he said. He added that the country needs to have as many as 50,000 vaccinators.

Mr. Galvez said the country is set to take delivery of about 3.3 million doses of vaccines monthly starting June to allow the government to vaccinate at least 120,000 Filipinos daily.

About 92% of the 4.4 million vaccines in the country have been sent out, Mr. Galvez said. About 1.9 million vaccines have been injected.

Mr. Galvez said the vaccines from India might get delayed due to the crisis there, where thousands die daily amid a fresh surge in coronavirus infections. — Vann Marlo M. Villegas

Manila bans travelers from Sri Lanka, Nepal, Bangladesh, Pakistan

PHILSTAR

THE PHILIPPINES on Wednesday banned travelers from Pakistan, Bangladesh, Nepal and Sri Lanka to prevent the spread of a double-mutant coronavirus first discovered in India, according to the presidential palace.

“All passengers coming from or who have been to Pakistan, Bangladesh, Nepal and Sri Lanka within 14 days immediately preceding arrival in the Philippines shall be prohibited from entering the country,” according to a copy of a memo issued by Executive Secretary Salvador C. Medialdea.

The  ban will be for a week starting May 7.

Filipino and foreign passengers merely transiting through these countries won’t be barred from entering Manila as long as they stayed in the airport the whole time.

Nepal is being overwhelmed by a coronavirus surge as India’s outbreak spreads across South Asia, the International Federation of Red Cross and Red Crescent Societies said on Wednesday.

Hospital intensive care units in India’s other neighbors including Pakistan and Bangladesh were full or close to capacity, as the outbreak spreads, it said in a statement.

Meanwhile, the Civil Aviation Board (CAB) has increased the limit on international arrivals at the international airport in Manila to 2,000 passengers from 1,500 daily.

The new policy takes effect this month, according to a copy of the agency’s May 3 advisory released by Philippine Airlines on Wednesday.

“Airlines operating at the Ninoy Aquino International Airport that will exceed the allowed capacity will be meted with the appropriate penalty,” CAB said.

“While this is an improvement, the increase is on the conservative side,” Philippine Airlines spokesperson Cielo C. Villaluna said in a statement.

“Philippine Airlines had to cancel 200 international flights to Manila throughout mid-March to April. And our cancellations continue.”

The flag carrier last week said it was planning to mount non-stop flights between Manila and Tel Aviv by October.

The company is eyeing twice weekly nonstop flights to Tel Aviv’s Gurion international Airport using its Airbus A350 aircraft.

Philippine passport holders can travel to Israel visa-free for as long as 90 days. — Arjay L. Balinbin

Canada urged to cut anti-terror aid to Duterte government

HUMAN rights advocates and critics of President Rodrigo R. Duterte have asked Canada to cut anti-terrorism aid to the Philippines, which they said was being used to stifle dissent.

The Filipinos cited rampant killings and arbitrary arrests of activists during a hearing by Canada’s parliamentary subcommittee on international human rights on Wednesday morning Manila time, the International Coalition for Human Rights in the Philippines (ICHRP) said in an e-mailed statement.

“Perjured testimonies, fabricated evidence, questionable search warrants are used for arbitrary arrests and detention,” Karapatan Philippines Secretary-General Christina Palabay told the body. “We eat death, rape and sexual violence threats online and offline. Canadian dollars and taxes should not be used to kill and silence us.”

She said 15 of her colleagues were among the 394 civilians who died under the Duterte government’s counterinsurgency campaign in the past five years.

She added that 68% of 703 political prisoners in the country had been arrested during Mr. Duterte’s rule.

The Canadian body held the hearing to look at the human rights situation in the Philippines, the human rights group said.

Presidential spokesman Herminio L. Roque, Jr. did not immediately reply to a text message seeking comment.

The hearing was held almost two months after nine Filipino activists were killed in a police raid in the Southern Tagalog region.

“Majority of those killed are land rights, indigenous and environmental activists,” Ms. Palabay told the subcommittee. “These figures add to the thousands killed in the government’s drug war, creating a climate of fear and impunity in the country.”

Mr. Duterte last year signed a measure expanding crimes against terror, which critics said was being used to silence the President’s critics.

Ms. Palabay said community pantries and kitchens, relief and fact-finding missions, universities, journalists, doctors, lawyers, church people and opposition members have been labeled communists.

“In our view, this is a murderous campaign in violation of the principle of distinction between civilians and combatants under international humanitarian law and a militarist or strongman approach which trumps civilian authority and interests,” she said.

“We implore the Canadian government to take action on these concerns with urgency, as our country further descends into an authoritarian state.”

“As we face the coronavirus, there’s an equally dangerous and insidious virus of lies unleashed in our information ecosystem,” Filipino journalist Maria Ressa told the committee. “It’s seeded by power wanting to stay in power, spread by algorithms motivated by profit,” she said, citing state attacks on the press.

“The virus of lies is highly contagious, and they infect real people, who become impervious to facts. It changes the way they look at the world. They become angrier, more isolated.” — Kyle Aristophere T. Atienza

Duterte picks new police chief

PHILSTAR

PRESIDENT Rodrigo R. Duterte has picked Lieutenant General Guillermo Lorenzo T. Eleazar as the next national police chief, according to the presidential palace.

“Gen. Eleazar’s track record of professionalism, dedication and integrity speaks for itself,” presidential spokesman Herminio “Harry” L. Roque, Jr. said in a statement. “We are therefore confident that he will continue the reform initiatives of his predecessors.” 

Mr. Eleazar will replace outgoing police chief Debold M. Sinas, who will retire on May 8 after sitting as police chief for only six months.

Mr. Eleazar, the No. 2 official of the national police as deputy chief for administration, will lead the institution that has been marred by allegations of corruption and human rights violations. — Kyle Aristophere T. Atienza