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PLDT eyes new partnership with Cisco 

By Arjay L. Balinbin, Senior Reporter

PLDT, Inc. is reaching out again to multinational technology company Cisco Systems, Inc. for a partnership for the second stage of its network modernization, the telco’s top official said.

“We are actually looking at further transformation and modernization… both from the fixed and the wireless side, so I think our network people will be getting in touch with yours to look at the stage 2,” Manuel V. Pangilinan, chairman, president and chief executive officer of PLDT, told Cisco’s Chuck Robbins at the Philippine Digital Convention on Wednesday.

Mr. Robbins, chairman and chief executive officer of Cisco, replied to Mr. Pangilinan: “Our team is ready and certainly excited about the opportunity… So whatever you need, we are there for you.”

PLDT and Cisco had signed last year a multimillion-dollar contract for the three-year implementation of the first phase of the telco’s digital transformation.

The partnership allows Cisco to provide PLDT with the technology to build automated, reliable and scalable infrastructure that will improve its existing fiber network and prepare it for the massive rollout of fifth generation (5G) network.

PLDT announced separately on Wednesday that its fiber infrastructure has reached 395,000 kilometers as of Sept. 30.

PLDT-Smart Senior Vice-President for Network Planning and Engineering Mario G. Tamayo said: “Despite pandemic conditions, PLDT has relentlessly continued to expand its fiber optic network.”

“Expansion works are ongoing to extend PLDT’s footprint by another 81,000 kilometers, 31,000 kilometers more in 2020 and 50,000 kilometers in 2021,” he added.

PLDT’s backbone network capacity is at 55 terabits per second as of Sept. 30, the company also said.

The telco is planning to increase the capacity by another 37 terabits per second.

“This capacity expansion aims to serve customers’ growing demand for data and deliver technologies like 5G, LTE, and fiber-to-the-home,” it said.

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls.

Puregold profit slips as sales ease

By Denise A. Valdez , Senior Reporter

PUREGOLD Price Club, Inc. posted 4% lower earnings in the third quarter as its sales started slowing down when the lockdown rules in key cities were eased.

In a regulatory filing on Wednesday, the listed grocery operator said its net income for the July-to-September period stood at P1.65 billion, down from P1.73 billion a year ago.

Its net sales were likewise flattish, inching up 1.09% to P39.17 billion, while cost of sales were slightly higher, climbing 1.35% to P32.71 billion.

On a nine-month basis, Puregold’s net income rose 11% to P5.05 billion, attributable to the 20% earnings growth it recorded during the first six months of the year.

Its year-to-date net sales grew 10% to P121.14 billion, while cost of sales expanded 11% to P101.29 billion.

“[The growth] was principally driven by the continuous organic expansion of the group’s grocery retail outlets on the back of a sustained strong consumer demand. This has been augmented by combined management strategies and programs to boost revenue contributions from both the base stores as well as new stores,” Puregold said in its filing.

It noted it rolled out trade discounts such as rebates and conditional discounts during the nine-month period, which drove up sales from both new and existing stores.

The primary drivers of the company’s revenues are its Puregold stores, S&R membership shopping warehouses and S&R pizza stores.

“We think that the slowdown of revenue growth was attributed to the consumer sentiment as they are now less worried… We’ve seen no more panic-buying and consumers don’t stock goods in their homes as much as they did during the (strict lockdown),” Philstocks Financial, Inc. Research Associate Claire T. Alviar said in a text message.

While lockdown rules have not been completely lifted since mid-March, the Philippine government has started relaxing protocols since June, allowing consumers to go to supermarkets with more ease than in the early months of the coronavirus outbreak.

While this resulted in a slower growth for Puregold’s net sales in the third quarter, Ms. Alviar said it may likely pick up in the last quarter of the year due to holiday-driven spending and the continuous reopening of the economy.

Shares in Puregold at the stock exchange closed lower by 20 centavos or 0.47% on Wednesday at P42.20 apiece.

San Miguel to build LNG power plants

CONGLOMERATE San Miguel Corp. (SMC) intends to build more liquified natural gas (LNG) power plants with over 5,000 megawatts (MW) of capacity over the next years, its top official said.

SMC Global Power Holdings Corp., its power generation arm, recently issued $400 million worth of senior capital securities, which were listed at the Singapore Exchange Securities Trading Ltd. on Oct. 22. Its net proceeds will be used to fund capital expenditures and investments in LNG and related assets, among others.

“We are now switching to LNG,” SMC President and Chief Operating Officer Ramon S. Ang told reporters in a virtual briefing on Tuesday.

The official said the power firm intends to initially build a line of three 850-MW LNG-fired generators. “Mga 2,550 MW ‘yan; ‘yun ang first stage namin (It’s around 2,550 MW; it will be our first stage),” he said.

“Later on, we can add another 2,550 MW, edi mga (thus around) 5,100 MW,” he added.

SMC Global Power, through its subsidiary South Premiere Power Corp. (SPPC), is the independent power producer administrator (IPPA) of the 1,200 MW Ilijan natural gas power plant in Batangas. Its IPPA contract with the government will lapse in 2022, turning the ownership of the facility to SPPC.

The new LNG power plants will also be constructed in Ilijan.

Mr. Ang claimed the first 850 MW will be seen “up and running” in the next 24 months or by 2022. It will offer the upcoming facility in Manila Electric Co.’s (Meralco) competitive selection process for its 1,800 MW power supply contract in 2024 and 2025. 

Earlier, the power company said it plans to build an LNG receiving terminal with Atlantic Gulf & Pacific Co. The gas-receiving facility is targeted to be opened in 2022.

Natural gas is the country’s second-biggest source of power, accounting for 21% of the total energy mix in 2019. The Philippines gets its supply from its sole natural gas field in Malampaya, northwest of Palawan.

The gas depot is expected to be completely depleted by 2027. The government targets the entry of LNG imports as an alternative. — Adam J. Ang

Consunji energy firm’s profit down 71% in Q3

SEMIRARA Mining and Power Corp. saw its after-tax profit drop by 71% to P750 million in the third quarter of the year, affected by the decline in coal and energy sales.

Its net profit in the nine months to September fell by 64% to P8.2 billion, the Consunji-led integrated power firm said in a disclosure to the stock exchange on Wednesday.

The firm’s earnings from coal took a 57% dive year-on-year to P3 billion. It recorded a 111% slump in the profit of its subsidiary Southwest Luzon Power Generation Corp. (SLPGC), incurring a P230-million loss, while Sem-Calaca Power Corp. (SCPC) saw its profits climb by 120% to P170 million after completing its power plants’ life extension program.

According to the company, its coal business got hit by the decline in coal export prices and lower coal sales. Year-to-date, it sold 8.4 million metric tons (MT) of coal, a 30% decrease from the same period a year ago. Its effective composite average price also went down by a fifth to P1,712 per MT.

In the third quarter, however, it sold 2.7 million metric tons (MT) of coal between July and September, an 8% uptick from the previous quarter.

The coronavirus pandemic caused no significant effect on its coal production, which reduced by 9% to 10.9 million MT in three quarters to September.

On its power segment, SLPGC sold 23% less electricity to 1,045 gigawatt-hours (GWh) between January and September.

In July-September, it improved its net power generation to 389 GWh from 215 GWh in the past quarter. However, the generated capacity was 29% lower than in the same months a year ago due to unplanned outages in the third and fourth units of its power plants.

Its composite price averaged at P2.79 per kilowatt-hour (kWh), compared with P4.15/kWh in the same period in 2019. The company has raised its contracted capacity to 221 MW.

Meanwhile, SCPC sold more power since the start of the year, increasing by 56% to 2,146 GWh, compared with the level last year.

The company raised its generated power to 1,055 GWh in the third quarter, a 33% increase from the second quarter, attributed to the full operations of its power plant units. Considering net generation, it went up by 139% to 2,310 GWh year-on-year.

It also saw a lower composite price so far this year, averaging at P2.77/kWh, than P3.78/kWh in the same months last year. The power subsidiary was said to be hit by higher exposure to the Wholesale Electricity Spot Market with 32% contracted capacity or 170 MW.

Semirara Mining and Power is the only vertically integrated power producer in the Philippines using its own mines to source coal for its baseload plants.

Shares in the company fell by 7.89% to close at P10.74 each on Monday. — Adam J. Ang

Grab ‘seriously considering’ motorcycle taxi business anew

RIDE-HAILING company Grab Philippines said on Wednesday it is “seriously considering” to get into the motorcycle taxi business again.

“For us, it’s easy to return to that. Obviously, there are safety training [programs] that we need to do for our bikers, but we are fairly confident of our safety record on two-wheels,” Ronald Roda, Grab Philippines’ head of transport and shared services, said at a virtual briefing on Wednesday.

He added: “Yes, it is something we are seriously considering.”

Grab will also be talking again to the Department of Transportation and the  Land Transportation Franchising and Regulatory Board for the possible return of its motorcycle service.

The government’s task force on pandemic response has allowed the operations of motorcycle taxis.

The Transportation department said it would implement the task force’s decision once it receives the guidelines.

An inter-agency task force overseeing motorcycle taxis will be reconvened to regulate and monitor their operations, it added.

Grab announced separately on Wednesday that it added a “cash-in with driver” feature to its mobile app for GrabCar.

The new feature, which will be fully rolled out next month, allows cash-paying customers to cash-in their GrabPay wallets by paying cash to their drivers.

With the “cash-in with driver” feature, cash-paying commuters “can easily transition towards cashless and unlock the many benefits that GrabPay has to offer – from GrabRewards points that can be used to save on Grab transactions, dedicated deals and promotions, as well as safe and seamless cashless payments across GrabPay’s wide array acceptance partners,” Grab said in a statement.

Mr. Roda said: “Through this innovation, we hope to help ease the cashless barrier for our commuters by enjoining our driver-partners to not only provide a safe and reliable means of transportation, but to also help more Filipino commuters embrace cashless payment, and unlock the many benefits that await them with GrabPay.”

Grab currently serves 18 cities in the country. Its operations include ride-hailing and on-demand food-delivery app, as well as groceries and package delivery, concierge services, bill payments, and financial services. — Arjay L. Balinbin

SEC approves Filinvest Land, Megawide, Cityland offerings

THE Securities and Exchange Commission (SEC) has approved the planned public offerings of Filinvest Land, Inc., Megawide Construction Corp. and Cityland Development Corp.

In a statement on Wednesday, the corporate regulator said it cleared at a meeting on Oct. 27 the P30-billion fixed-rate bond offering of Filinvest, the P5-billion perpetual preferred shares offering of Megawide, and the P1.4-billion commercial papers of Cityland.

Filinvest applied in August to shelf register up to P30-billion bonds, from which it will do an initial offering of up to P6.75 billion bonds with an oversubscription option of up to P2.25 billion.

It will consist of bonds maturing in 2023 and 2026, which are expected to generate up to P8.88 billion in net proceeds. This will be used to refinance Filinvest’s maturing loans and support capital expenditures and general corporate purposes.

The company engaged BDO Capital & Investment Corp., BPI Capital Corp., China Bank Capital Corp., East West Banking Corp., and SB Capital Investment Corp. to be joint lead underwriters and bookrunners for the offering. It also tapped First Metro Investment Corp. as a co-lead underwriter.

For Megawide, the company sought last month the SEC approval to offer 30 million non-voting perpetual Series 2 preferred shares, which will have an oversubscription option of up to 20 million shares, to be listed and traded on the main board of the Philippine Stock Exchange.

The shares will be priced at P100 each, which could generate about P4.96 billion in net proceeds for the company, assuming the full exercise of the oversubscription option.

Megawide intends to use the proceeds to support several existing projects, such as the Mactan-Cebu International Airport, Parañaque Integrated Terminal Exchange and pre-cast plant capacity expansion.

Cityland was allowed to offer commercial papers and be exempted from submitting an underwriting agreement for the issuance.

It applied with the regulator for permission to sell the papers to generate around P1.39 billion in net proceeds. This will support the company’s pipeline of construction projects and refinancing of maturing debt.

DEL MONTE RAISES P6.47B
In a separate announcement, Del Monte Philippines, Inc. (DMPI) said it has generated P6.47 billion from the issuance of fixed-rate bonds, which it will list on the Philippine Dealing and Exchange Corp. on Friday.

First Metro, one of the company’s issue managers, underwriters and bookrunners for the offering, said in a statement that the recently concluded bond issuance of DMPI was 1.29x oversubscribed.

“The success of the bond offering reflects the investing public’s confidence and optimism in DMPI’s strong fundamentals and long-term prospects as well as the company’s financial strength and capability to meet our financial obligations,” DMPI President and CEO Joselito Campos, Jr. said in the statement.

The company’s issuance is composed of three-year and five-year bonds which were given a PRS Aaa credit rating by the Philippine Rating Services Corp. (PhilRatings). PRS Aaa is the top credit rating given by PhilRatings, which means the bonds are of highest quality and have minimal credit risk.

Aside from First Metro, DMPI tapped BDO Capital, China Bank Capital and RCBC Capital Corp. as joint issue managers, joint lead underwriters and joint bookrunners for the offering. — Denise A. Valdez

When Irish pork meets Filipino cooks

WHEN Irish pork meets Filipino cooks, the result is a winning dish of hamonado pork jowl, camote mash, and atchara.

The five finalists for the Irish Government Food Board’s (Bord Bia) East Meets West culinary competition may have already won a trip to Ireland, but they still had to prove themselves in a final round earlier this week. The stakes were less high as the winner received a gift certificate for a stay at the Grand Hyatt in BGC. The contest was judged by Philip Golding, Founding Chairman of Disciples de Escoffier International Asia-Philippines, and Mark Hagan, Executive Chef of Grand Hyatt Manila.

The culinary competition was held by Bord Bia in an effort to promote Irish beef and pork products. Over 100 entries were submitted throughout August, and five were selected from the pool earlier this month. The five finalists who won a culinary tour of Ireland were: Nathaniel Deocaris, a chef from Cainta, Rizal; Francis Dave Lacson Selorio, Executive Chef at Crypto Café from Iloilo; Marichu Jung from Apicius Culinary Arts–Parañaque; Donie Bigcas of Center for Culinary Arts–Manila; and home cook and financial advisor Karl Kenneth Watson.

For the competition held on Oct. 27, Mr. Selorio made a laing-stuffed pork belly with adlai in rambutan sauce (laing is taro leaves cooked in coconut milk), while Mr. Watson made a medium-rare beef striploin with roasted onions, calamansi (a small local citrus) gel, and bistek sauce (bistek is a sort of beef stew with a sauce of soy sauce and calamansi). Ms. Jung made a classic Filipino pot roast with beef short ribs, pureed baby carrots, and balsamic caramelized shallots, and Mr. Deocaris made a crispy pork belly kare-kare (a meat and vegetable stew with a peanut based sauce) with homemade peanut crackers and tomato and shrimp fondue. Mr. Bigcas made and named a dish called Bisperas ng Pista (Eve of the Festival): it was made of braised hamonado pork jowl (hamonado is pork stew sweetened with pineapple juice), sweet potato puree, and pineapple atchara (pickle).

Guests were allowed to view the competition remotely via Zoom, due to the pandemic (the contestants were also required to take a COVID-19 test prior to the competition, for reasons of safety). While the contest was held remotely, it was strangely intimate. One heard details one may not have heard if the contest were held live and onstage. For example, BusinessWorld heard a judge praising a dish all throughout, then pointing out to a contestant the fingerprints he had left behind while plating. Then there was the story about one of the contestants having been held hostage at knifepoint in Colombia, and later Mr. Bigcas telling judges about the fiestas in his Capiz hometown that inspired the dish. Mr. Bigcas bagged first place that day.

In a Facebook message to BusinessWorld, Mr. Bigcas discussed his winning dish. “The pineapple atchara reminds me of the colorful banderitas (bunting) during the festival, while the sweet potato puree is an attempt to promote the crop which is a staple in our region,” he said. “I created this dish because I want to inform and raise awareness for the younger generation, to promote the importance of heirloom recipes with the use of high quality and sustainable ingredients.”

The two judges also shared their own thoughts about awarding the dish top marks. “What I like about Donie’s dish is the story behind it. He’s able to link the heritage of the old Filipino dish. The story of fiesta or holiday and family gatherings — recreating something that is family and what grandmothers used to create,” said Mr. Hagan. Mr. Golding, for his part, said, “It’s very simple: I will eat and pay for that in a restaurant. It was very good comfort food, nicely put together with a nice sauce, a very nice texture of the Irish pork meat. It had a very strong Filipino influence.”

The contestants will jet off to Ireland in about a year or so, but they already have a lot to look forward to: Mr. Bigcas said, “I would like to see the actual production of Irish pork and beef so I can increase my knowledge as a chef on how to utilize it more in my recipes.”

Meanwhile, Ms. Jung said, “I am looking forward to knowing something about their culture — how the Irish farmers look after their animals to make it sustainable and traceable.” Most of the contestants shared the same enthusiasm for Irish farming techniques. Mr. Selorio said, “Personally, when I was a seafarer, I used to go to other places, but I didn’t have the luxury of time to travel enough. I am very excited about Ireland because this is my first time to go there and I would like to experience Irish food culture. In addition, I want to learn how the Irish pork and beef industry works — from the producers to processing to the distribution.”

Jack Hogan, Market Specialist at Bord Bia, had a few guidelines on where to get Irish beef and pork here in the Philippines. He named Healthy Options and Delidrop Gourmet Grocer as sources, then listed Raging Bull in Shangri-La at The Fort and Old Manila at the Peninsula as restaurants which use their products. “Irish pork producers have long established relationships with their partners in the Philippines, and supply large restaurant groups and food processing companies such as the leading chicharon (pork crackling) producers.”

For chefs or restaurant owners interested in purchasing Irish pork and beef, Mr. Hogan advises visiting www.bordbia.ie. — J.L. Garcia

Teleperformance opens 3,000 jobs

TELEPERFORMANCE Philippines is adding around 3,000 jobs from new and expanded operations this year, while it plans to roll out new locations in the provinces in the next few years.

The outsourcing company recently opened its 22nd location in Cavite and expanded its Quezon City office. Majority of 2,000 jobs in the Cavite location will be open to new applicants, while recent expansions to an existing office opened up 1,000 jobs, Teleperformance Philippines Chief Operating Officer Mike Lytle said in a press briefing on Tuesday.

“We would expect (our employment growth) to be faster than the industry at large. On a base of 47,000 employees, that means that we’ll be adding multiple thousand employees each year,” Mr. Lytle said.

Employees at the new Bacoor City, Cavite site will work both at home and on site. The site will address the outsourcing requirements of finance, services, and telecommunications companies.

Mr. Lytle said that future expansion plans will be focused on the countryside, concentrating on areas with low outsourcing employment and a large educated workforce.

“In the second half of 2021 [we’ll] be looking at additional locations, which we’ll finalize as we near the need for that additional capacity,” he said.

The company plans to expand to one new location every 12-18 months.

Mr. Lytle in June said that he expected minimal growth for the industry this year because of the lockdown, but his long-term projections were more optimistic as he pointed to outsourcing as a cost-saving option for companies that have lost revenues throughout the lockdown.

Teleperformance Philippines employs around 47,000 people, in business sites in Metro Manila, Antipolo, Baguio, Cebu, Bacoor, Bacolod, Davao, and Cagayan De Oro.

The outsourcing industry has increased the number of people returning to work since the start of the lockdown. The Information Technology and Business Process Association of the Philippines (IBPAP) said 63% of the workforce was working from home in July, while 27% worked on site. In April, only half of the workforce was working either from home or on site. — Jenina P. Ibañez

Bisperas ng Pista by Donie Bigcas

INGREDIENTS

Pork Hamonado

300 gm Pork jowl
300 ml Pineapple juice
400 ml Pork stock
60 ml soy sauce
3 pcs Bay leaf (dried)
2 pcs Star anise (whole)
10 gm ginger (slice)
80 gm onion (minced)
40 gm garlic (minced)
1/8 cup brown sugar
2 tsp peppercorn (slightly crushed)
1 tsp salt, sea
Pineapple Atchara
80 gm Pineapple, cube
10 gm Scallions, minced
15 gm Red Bell Pepper, brunoise
2 pcs Shallots, petals
15 gm Tomatoes, brunoise
30 gm Radish, slice (rondelle)
2 pc Green Finger Chili, sliced into rings (seed on)
1 tsp Black peppercorn (slightly crushed)
100 ml Vinegar
200 ml Water
3 tbsp Sugar
2 tps Salt
Sweet Potato Puree
750 ml Water
200 g Kamote (sweet potatoes)
½ tbsp. Salt
1 tbsp White Pepper
60 gm Butter, soften, cut into cubes
25 ml heavy Cream
Garnish
2 to 3 strands of pansit pansitan (Peperomia pellucida)

STEPS
Start first on the sweet potatoes by simply cooking it using the cold start method. Pour water into the pot about ¾ in and add the washed sweet potato (skin on) and start the fire. Cook until fork tender.

Prepare all the Mise en place needed for the pork. Clean and cut into desired shape (preferable as a slab) and season the pork jowl. Over high heat, put the oil and sear the pork evenly. Set aside.

In the same pot, reduce the heat into medium heat and sauté the onion until translucent. Add the ginger, garlic, star anise, bay leaf and peppercorn and sauté for 5 minutes. Adjust the temperature into low heat and add brown sugar. Caramelize the sugar.

Pour the pineapple juice, soy sauce, and pork stock into the pot. Return the seared pork jowl into the pot. Bring to a boil and let it simmer. Cover tightly and cook for 45 mins to 1 hour until tender. Flip every 15 minutes.

In a non-reactive saucepan, make a pickling solution by combining vinegar, sugar, water and salt in the pan. Over high heat, bring to a boil, stirring to dissolve the sugar and the salt. Reduce to low heat and allow to simmer for 3 mins.

Prepare the Mise en place of the atchara. Put the shallot petals and radish in two separate containers. Pour some of the pickling solution on to the radish and shallots. Combine the pineapple, red bell pepper, tomatoes, chili and scallions and pour over the rest of the pickling solution. Set aside.

Check the sweet potato if it is cooked (should be able to mash). Remove skin while still hot. Mash the sweet potato with a potato masher and let it go through a fine sieve. Cube the softened butter and then add it gradually. Continue to stir until the butter is completely incorporated to the puree and add a touch of cream until you get the consistency you prefer. Season with white pepper and salt. Cover and set aside until ready to use.

Check the pork to see if it is already cooked and tender, remove the pork and reduce the liquid until Nappe. Adjust the consistency with some stock if it is too thick. Strain and set aside.

How To Serve:

In your plate, place the sweet potato puree near the rim of the plate, and using an offset spatula, spread the puree across in one motion which creates a very elegant display of puree.

Layer the pineapple atchara on top of the puree. Place the pickled radish (3 pcs) in a window positioning. Place your onion petals (5 pcs) between the radishes and add some freshly cracked pepper on top. At the side of the atchara, place the pork hamonado, with the skin facing the rim of the plate. Pour a couple tablespoons of the sauce on top of the pork. Garnish the dish by placing the pansit-pansitan on top of the atchara.

Megawide pledges jobs to all NAIA employees if it bags rehab contract

Megawide Construction Corp. said it intends to absorb all of the employees of Ninoy Aquino International Airport (NAIA) once it gets the contract to rehabilitate the airport.

The listed construction company issued the statement late Tuesday to clarify recent reports that thousands of employees of NAIA may lose their jobs once it gets the rehabilitation project contract.

Megawide Chairman and Chief Executive officer Edgar B. Saavedra said the company will offer jobs to all of the employees who will be identified by the Manila International Airport Authority (MIAA).

He said Megawide did the same process when it took over the operations of Mactan-Cebu International Airport Authority (MCIAA) in 2014.

“We actually made an offer to 100% of the employees listed by the MCIAA not only to adhere to government regulations but because we saw value in their talent and inherent knowledge of the airport,” Mr. Saavedra explained.

Once it gets the contract, Megawide said it will send offers of employment to the “organic” employees of NAIA.

“We enthusiastically support President Rodrigo R. Duterte’s desire to deliver better infrastructure and we know in these days of economic uncertainty, infrastructure development is key towards economic recovery and providing jobs for our fellow Filipinos. We look forward to an opportunity to bring this to all NAIA stakeholders. We are hopeful this can be done not by tearing each other down but by coming together to support our proposal and Megawide, being the only Filipino company with real experience in world-class airport delivery in the country,” Mr. Saavedra also said.

On July 15, the Megawide-GMR Infrastructure Ltd. tandem was granted the original proponent status (OPS) for the development of NAIA, after the government revoked the OPS granted to the so-called super consortium of the country’s top conglomerates.

The proposal is now with the National Economic and Development Authority Board’s Investment Coordination Committee.

The tandem of Megawide and GMR submitted in March 2018 a $3-billion (approximately P148.43-billion) unsolicited proposal to rehabilitate NAIA over an 18-year period. It had tapped American company The Mitre Corp. as its technical partner for the project.

At that time, GMR-Megawide said they plan to increase NAIA’s capacity to 72 million annual passengers from its original 30.5 million by boosting the airfield capacity to 950-1,000 aircraft movements per day and expanding existing terminals to more than 700,000 square meters. — Arjay L. Balinbin

Webinar tackles how WWII changed Filipino food culture

IN conjunction with the virtual exhibition War Through the Eyes of the Child, the Filipinas Heritage Library and the US Embassy will present a free webinar which will tell the story of how private kitchens in a time of crisis — World War II — became a source of public strength.

The webinar, “Dreams of Cake and Ice Cream: Coping with Hunger in World War II,” will be held on Nov. 7 at 10 a.m. The talk, moderated by Desiree Benipayo, is the second of a webinar series forming part of Liberation: War and Hope. This project is in partnership with the US Embassy in the Philippines to commemorate the 75th anniversary of the end of the war.

Designed for the general audience, the webinar, which will be broadcasted on Zoom and Facebook Live, features the cultural historian Felice Prudente Sta. Maria, revisiting the transformations of Philippine food culture in the years leading up to the war and in the struggles of war-torn Manila.

Specifically, Ms. Sta. Maria tracks how Commonwealth educational systems and security policy shaped food-making during wartime. As war preparations linked food to public health, women with culinary know-how rose to prominence in the public sphere. They came to play key roles in the war itself, mitigating hunger as well as boosting public morale.

Ms. Sta. Maria grounds her historical account on a tale of two sisters. She reconstructs the lives of baking women, the Yulo sisters, to illuminate how home economics transformed traditional Filipino food. As a result, women’s knowledge softened the impact of scarcity on a whole range of people — from ordinary citizens and guerillas, to war prisoners as well as the Japanese military. Private kitchens in a time of crisis became a source of public strength.

To register for Zoom access to the webinar, go to: https://bit.ly/LiberationTalks2. The event will also be streamed live on the Filipinas Heritage Library Facebook page. Viewers will receive a Certificate of Participation after answering the feedback form.

To view the virtual exhibition War Through the Eyes of the Child, go to https://artsandculture.google.com/exhibit/war-through-the-eyes-of-the-child/LwJyQdqPZcY7JA .

Philex Mining partially resumes operations in Pacdal mine site

PHILEX MINING Corp. has partially resumed underground operations in its Pacdal mine site in Benguet on Oct. 27 after declaring a temporary suspension on its mining activities on Oct. 23 and 24, it told the stock exchange on Wednesday.

The suspension came after several of its employees tested positive for the coronavirus disease 2019 (COVID-19).

Philex Mining said that the total number of COVID-19 positive cases in its mine site reached 151 after conducting expanded testing that involved 1,425 employees and their dependents.

“Eight cases have already recovered, which brings the total number of active cases in the mine site to 143. None of the active cases are classified as serious cases,” the disclosure said.

“Most of the active cases were employees from underground operations,” it added.

The mining company said it is now operating at 50% and is expecting to increase its operational capacity to 90% in the next three days, as long as there is no sudden jump in COVID-19 infections.

“The management believes that there is a minimal impact to the operations and financial results for 2020,” the disclosure said.

Meanwhile, Philex Mining said it had implemented stricter measures to mitigate the risk of COVID-19 transmission in its mine site, particularly in work areas and bunkhouses.

Further, the company continues to perform contract tracing to properly identify employees and their dependents who possibly had close contact with the COVID-19 patients.

According to the company, precautionary measures have been enforced such as the proper wearing and disposal of face masks and face shields, physical distancing, 24-hour curfew and movement restriction outside of residence, strict inspection and disinfection procedures, and disinfection in all work areas.

On Wednesday, shares of Philex Mining in the stock exchange fell 0.90% or P0.05 to end at P5.50 apiece. — Revin Mikhael D. Ochave

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