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Bucks keeping selves ready in case of return to game action

Reigning NBA most valuable player Giannis Antetokounmpo of the Milwaukee Bucks. — GIANNIS ANTETOKOUNMPO TWITTER PAGE

WHILE the resumption of the 2019–20 season of the National Basketball Association is still to be determined at this point, the Milwaukee Bucks are keeping themselves ready in the event the league returns to action.

Had their solid season halted when the NBA decided to suspend league activities on March 11 when its first case of the coronavirus disease 2019 (COVID-19) was confirmed, the Bucks, which had the best record in the league of 53-12 at the time of the halt, said they are taking the situation as it is, unfortunate it may be, while not losing hope that the season can still be salvaged.

They said they are keeping in shape on their own so that when team activities are allowed anew they would not miss much step.

“You have to stay ready. You’ve got to do what you’ve got to do because you never know what you’re going to expect. I think the league and Adam Silver are doing a difficult job and will come up with a good plan that will make sure every player is ready to go, because it’s going to be really important when the season starts,” said reigning league most valuable player Giannis Antetokounmpo in a media conference call, the transcript of which was shared by the league to BusinessWorld.

Mr. Antetokounmpo was joined in the conference call by Bucks teammates Brook Lopez, Eric Bledsoe and Khris Middleton.

Recently the league said it is planning a 25-day return-to-basketball window before restarting the season — an 11-day series of individual workouts where the players are expected to observe social distancing then hopefully a 14-day training camp after.

The Bucks stars said that while such a setup is something beyond the ordinary, they are giving their trust to the league and will comply to what is asked of them.

“I think we just kind of have to deal with the hand that we’re dealt. The NBA is going to do the best that they can to make sure to not put anybody at risk for all of the reasons out there right now. If we play, we’ll be ready for that. If we don’t, we’ll definitely be disappointed, but I think everybody will understand that it’s bigger than basketball at this point,” said All-Star Middleton.

He was seconded by guard Bledsoe, saying, “Same with Khris. We definitely have to play the cards we’re dealt. Everybody understands what’s at stake. As a group, as a team, we’re going to stay prepared and ready for whatever the outcome is. But like Khris said, we’d be a little bit disappointed, but we know the circumstances and we just have to prepare for what’s next.”

AWAY FROM THE GAME AND LENDING A HAND
While away from regular game action, Antetokounmpo And Company said they are spending their day much of the time with their families, something they do not get to do often during the season.

The Bucks players have also done their share in coming in aid of those affected by the COVID-19 pandemic, particular those working for the organization and their home arena of Fiserv Forum.

It is something they hope other people do as well in their own ways because against COVID-19 any help for those in need would go a long way.

“I know that we work with these people every day. My first reaction when the league was suspended was, ‘Are these people going to be able to work? Are these people going to be able to leave their homes? Are these people going to be able to provide for themselves and their families? Because most of these people probably live from check-to-check, so me and my family decided to help as much as we could,” said Mr. Antetokounmpo, who pledged $100,000 for the workers of the Bucks home court.

“At the end of the day it’s about helping one another. All that matters is how you help those families that are in need right now in this period that we’re going through,” he added.

“We took each other’s lead on it and we tried to do the right thing,” Mr. Middleton, for his part, said.

The NBA is mulling the direction it would take for this season in light of COVID-19 and is expected to make a clearer decision in May the earliest. — Michael Angelo S. Murillo

Anything possible as NHL readies for relaunch, says commissioner

THE National Hockey League will be prepared for a post-coronavirus relaunch whenever an opportunity presents itself, commissioner Gary Bettman said on Monday.

The opening round of the playoffs would have been under way this week but like every other North American sport, the NHL has been forced into hibernation since March 12 by the coronavirus disease 2019.

With no live hockey to digest, fans have turned to social media where various scenarios, some vague and farfetched and others detailed and considered, have been floated and debated.

Bettman conceded during an interview on CNN that many were not realistic but all would be considered.

“All the leagues are basically focused on the same things,” said Bettman. “There has been a lot of speculation we are going to play in neutral sites like North Dakota and a variety of other places.

“The fact is when you are in the position all of us are in, you have to be prepared to relaunch when the opportunity presents itself, which means you have to not rule out any conceivable alternative and be prepared even if some of them turn out to be not realistic.”

With almost 600,000 coronavirus cases and more than 23,000 deaths reported in the United States by Monday, the idea of cramming close to 20,000 spectators into arenas does not seem realistic at the moment.

When play does resume, it is likely to be in neutral locations or hubs in empty arenas where teams and staff can be isolated, limiting exposure to the coronavirus to both players and the public.

Grand Forks, North Dakota and Saskatoon, Saskatchewan, have been floated as possible sites. But even as talk intensifies about the reopening of the United States economy, Bettman emphasized the NHL was continuing to consider its options.

One of those options reportedly being considered is a summer finish to the 2019–20 season with the 2020–21 season starting up in November.

“We’re exploring and want to be prepared for every option whatever circumstances present themselves,” said Bettman. “So we haven’t ruled anything in and we haven’t ruled anything out and we will be prepared to go in whatever direction makes sense at the time.

“We’re exploring all options but when we will have an opportunity to return depends on things we have absolutely no control over,” said Bettman.

“It all starts with everybody’s health and wellbeing. Until there is a sense that people can get together… we don’t know when we can come back.” — Reuters

XFL files for Chapter 11 bankruptcy due to coronavirus

THE XFL, a reboot of the 2001 league of the same name, filed for Chapter 11 bankruptcy protection on Monday a month after it had to cancel the remainder of its inaugural season because of the coronavirus outbreak.

The brainchild of Vince McMahon, the XFL 2.0 was the second attempt by the World Wrestling Entertainment impresario to provide a National Football League alternative to American football fans, the first folding in 2001 after one season.

“Unfortunately, as a new enterprise, we were not insulated from the harsh economic impacts and uncertainties caused by the COVID-19 crisis,” the XFL said in a statement. “Accordingly, we have filed a voluntary petition for relief under Chapter 11 of the US Bankruptcy Code.”

The eight-team league began play in February and cancelled the season after five weeks as the spread of the coronavirus disease 2019 brought the global sporting calendar to a virtual halt.

According to a Delaware court filing made by XFL parent company Alpha Entertainment, the decision to scrap the rest of a season that was scheduled to conclude on April 26 cost the league “tens of millions of dollars in revenue.”

The announcement that the XFL came three days after media reports said the league was suspending operations and laying off most employees after failing to finish its first season because of the COVID-19 pandemic.

Backed by a television deal with FOX, ESPN and ABC, the XFL opened with solid ratings but they declined steadily each week until the coronavirus brought a premature end to the campaign. — Reuters

RDO calls it a career

One of the best “stretch fours” in the Philippine Basketball Association has called it a career after Ranidel de Ocampo announced his retirement from pro basketball on Monday.

After an illustrious 16-year career in Asia’s first play-for-pay league, De Ocampo, 38, who played for the FedEx/Air21, TNT and Meralco franchises, said he is retiring, citing that now is the time to take on new challenges in his life and spend time with his family after giving his all for the sport he started playing when he was 14 years old.

He made the announcement over the 2OT podcast and later on Twitter.

While the writing was on the wall for the imminent exit of the PBA champion and many-time national player as he has been hobbled by injuries of late, still the decision came as a surprise to many.

In the lead-up, not much buzz surrounded a possible RDO retirement, if at all.

We heard of Sonny Thoss (Alaska), Cyrus Baguio and Asi Taulava (NLEX), Peter June Simon (Magnolia) and, possibly, Harvey Carey (TNT) retiring this season, but not RDO, or so we thought.

He followed older Yancy to the sunset after announcing his retirement after last season.

In retiring, the former Saint Francis of Assisi College System standout said he has nothing left to prove and achieve as a player in basketball which he credited as well for honing him to be the person he is now.

And it is really hard to argue with that assertion because RDO did and accomplished a lot as a player.

After college, he was selected fourth overall in the 2004 rookie draft by FedEx where he steadily built a name for himself in the PBA.

He then moved to TNT after five years with FedEx/Air21.

It was with the KaTropa where he built his legacy in the PBA, establishing himself as one of the best stretch fours in the league as he combined solid post-up and inside play with clutch outside sniping which proved to be hard to handle for opponents. He was also a tough defender, making him a bona-fide two-way player.

He was consequently rewarded for it, winning six titles in the PBA, earning two finals most valuable player awards and the PBA best player of the conference award in the 2014 Governors’ Cup, and getting the nod for nine PBA All-Star selections, among others.

RDO was also a noted member of the national team since being called up to play for flag and country here and there beginning 2003.

He was a staple in the frontline of recent Gilas Pilipinas iterations, helping the team win silver in the 2013 and 2015 FIBA Asia Championship and was part of the groundbreaking team that played and made waves in the 2014 FIBA Basketball World Cup in Spain.

Later in his career he was traded to the Meralco Bolts and while he played limited minutes as injuries, and in a way Father Time, started to take their toll, still the team turned to him for veteran leadership and, at times, clutch plays in end games which he delivered in most of the time.

In reading his post on Twitter about his retirement, one could sense a player who is happy with his decision and ready to move on to what is next for him in life.

And I do not know about you, but if you are to exit a career you spent a large chunk of your life in, that is the best way to go out, no regrets and appreciated by peers and fans alike as attested by the many tributes dedicated to him when news broke out.

You did well, RDO. Now enjoy retirement! Thanks!

 

Michael Angelo S. Murillo has been a columnist since 2003. He is a BusinessWorld reporter covering the Sports beat.

msmurillo@bworldonline.com

Repair ties

Rudy Gobert was his candid self when he spoke on Instagram Live at the weekend. As the first player in the National Basketball Association to officially test positive for the coronavirus disease 2019 and the trigger for the league to suspend the 2019–20 season, he could have had his experience affect him negatively. Instead, he went the other way, putting the spotlight trained on him to good use by continually promoting good health and safety habits. True, it was penance for the flippant manner in which he treated social distancing measures. On the other hand, there can be no discounting how actively he has tried to make up for his unfortunate misstep. And so we went on social media anew to spread the word as witness to the pandemic’s ill effects.

Not all have seen fit to forgive Gobert, though. Most notably, teammate Donovan Mitchell, the other Jazz player who tested positive for the virus but who also likewise recovered from it, appears to remain distant — in stark contrast to their hitherto-close relationship. The turn of events is understandable, to be sure. Even as officials have rightly noted that either could have infected the other, or that neither did, the point cannot be overemphasized: the two-time Defensive Player of the Year needs to repair their ties not because he may have passed a deadly illness along. Rather, it was because he didn’t take it seriously despite repeated warnings.

Indeed, the Jazz were ahead of the curve when it came to information about the coronavirus. Head coach Quin Snyder had family members in Seattle, Washington, close to where an outbreak in nursing homes that led to 112 cases in 11 days occurred, and so kept tabs on its spread and made sure to keep the rest of the team abreast with developments. Yet, as the need to take precautions kept being hammered into the minds of players, there was Gobert acting without care; in one press conference during which social distancing measures were imposed, he even went to the trouble of touching microphones and recorders on the table as he stood up to leave. And he was the same in the locker room, grasping and holding with no regard for space.

Which, in a nutshell, is why Mitchell continues to be aloof at best. Gobert minced no words on IG, admitting that they “didn’t speak for a while.” Nonetheless, he downplayed the supposed rift, arguing that “we’re professionals … We’re both grown men, and we both are going to do what it takes to win.” And, to be sure, he’s on the mark when he says players can get along just fine on the court without needing to off it as well. “You know, everyone has got different relationships; it’s never perfect. People that are married, it’s never perfect. So you know, me and my teammates, it’s far from perfect.”

In the NBA, however, every little competitive advantage counts. Competition is so stiff that talent alone does not make champions. The hoops landscape is littered with examples of skill-laden franchises that fail to claim any hardware because of lack of esprit de corps. And the Jazz, having experienced the tumult that occurred between star Deron Williams and longtime bench tactician Jerry Sloan early in the last decade, know this only too well. Little wonder, then, that they’re already moving to get Gobert and Mitchell’s friendship going again.

Needless to say, the quarantine hasn’t helped. The good news is that the two have finally spoken to each other, and are, at the very least, in agreement on the ultimate goal. “We’re both ready to go out there and try to win a championship for this team,” Gobert disclosed. But will they? The answer depends on how fast and how well they can mend, alone and together.

 

Anthony L. Cuaycong has been writing Courtside since BusinessWorld introduced a Sports section in 1994.

alcuaycong@bworldonline.com

Unlocking the pandemic puzzle

By Argie C. Aguja
Features Writer, The Philippine STAR

Since the coronavirus disease 20019 (COVID-19) was first reported in China in late 2019, it has managed to reachmore than 100 countries, infecting over 1.9 million people, with 120, 434 deaths (as of April 14). As a result, governments around the world are in a race against time to stem the rising number of active cases and prevent more fatalities: even if it means wreaking havoc on the daily life of billionsthroughschool and work cancellations, harsh lockdowns, forced border closures, nightly curfews, and transportation stoppages.

In the global stage, academics and researchers from the entire scientific community place their confidence in various tech innovations, a set of promising keys that can help mankind unlock this puzzling pandemic once and for all. Here are examples on how artificial intelligence (AI), big data, cloud technology,and robotics are being used around the world to fight COVID-19.

Pinoys develop AI chat bot

The all-Filipino development team at Whiz Philippines developed and launched a free chatbot AI called Suitable Aid for Medical needs (SAM)–NCOV Bot PH. This AI-powered tool will automatically answer relevant questions about the COVID-19 pandemic, 24/7. By engaging with the AI chat bot, users can determine the best course of action, given the symptoms they may be experiencing. Developers are currently translating the AI process into 16+ Philippine local dialects. For more details, visit http://whizph.com/aibotncovph/.

AI-powered patient analysis

Huawei is currently offering its Huawei Cloud AI-assisted diagnosis for COVID-19, a system that uses AI to examines coronavirus lung infections based on a patient’s computer tomography (CT) scan. This can help doctors distinguish between early, advanced, and severe cases with an accuracy of 98 percent. To make the evaluation, partner hospitals must upload the CT scan of a patient to Huawei’s cloud service.

Google use machine learning

Google’s DeepMind division is using machine learning to analyze the structure of some proteins behind the coronavirus. Using more than six decades of scientific knowledge and curated data, DeepMind hopes to understand the three-dimensional shapes of COVID-19 proteins, which could aid scientists in coming up with a vaccine. Its predictive capabilities were also used to suggest existing drugs that might be useful in treating patients.

AI-powered fever detector and face recognition

SenseTime, a leading AI firm in China, has developed a contactless temperature detection software that scans crowds to detect people with fever, recognize their faces and identify those not wearing masks. The sophisticated system also keeps tabs on infected individuals and checks if they are following quarantine instructions.

Drones deliver medical supplies

Japanese company Terra Drone Corp. is using its unmanned aerial vehicles (UAVs) to transport medical samples and quarantine materials between Xinchang County’s disease control center and the People’s Hospital. By using drones, delivery time was shortened by 50 percent compared to road travel, using less manpower and hospital resources.

Outbreak forecast using software

Canadian tech start-up BlueDot was among the first to discover how AI can detect the path of an impending outbreak. Using AI to craft proprietary models,BlueDot’soutbreak risk software was able to give advanced warning to governments, hospitals, and airlines about the spread and trajectory of COVID-19 infections.

Real time video conference, translation via cloud

Alibaba Cloud, the data intelligence backbone of Alibaba Group, offered medical personnel around the world free use of the DingTalk International Medical Expert Communication Platform. Hosted in the cloud, this video conferencing tool provides real-time AI translation into 11 languages (Arabic, Bahasa, Chinese, English, French, Japanese, Russian, Spanish, Thai, Turkish, and Vietnamese) so that Chinese doctors can share their experiences and answer questions from global peers.

Self-driving disinfection robots

Danish start-up Blue Ocean Robotics deployed self-driving UVD Robots to automate disinfection procedures in hospitals of more than 40 countries. These disinfection robots that use ultraviolet (UV) light to kill viruses and bacteria, thereby curbing the spread of the coronavirus.

Protective fabric from nanoparticles

Israeli firmSonoviadeveloped an anti-pathogen, anti-bacterial fabric made out of metal-oxide nanoparticles from zinc oxide and copper oxide. The fabric is now undergoing further tests and if successful, can be used to makereusable medical masks, protective clothing, hospital beddings, and gowns.

Supercomputers solve scientific calculations

COVID-19 High Performance Computing Consortium Group uses a network of 30 supercomputers with a combined performance of 400 petaflops to help scientists analyze and calculate demanding mathematical processes and scientific models, tasks that would otherwise take a long time to finish.

As the world reels from the effects of COVID-19, mankind’s various technological advances shine a ray of light — a dose of much-needed hope in these uncertain times.

DoH begins ‘mass testing’

 

The Department of Health has began its COVID-19 (coronavirus disease 2019) ‘mass testing’ in various accredited testing centers in the country, giving priorities to high-risk individuals.

Regtech startup UNAWA hosts free webinar for SMEs navigating COVID-19

Almost a month has passed since the Philippine government implemented the ECQ across Luzon and many parts of the Philippines, halting many business operations and putting severe stress over small and medium-sized enterprises (SMEs) around the country. However, the effects of the pandemic could last for much longer than the ECQ itself, leaving SME owners with many hard decisions to keep their companies afloat.

To help entrepreneurs and startup founders cope with uncertainties stemming from the COVID-19 crisis, rising regulatory technology startup UNAWA will host a free webinar on Friday, April 17, 5 PM to 6 PM.

Called, “Unlocking the Lockdown: Startup and SME Challenges and Opportunities Amid the Pandemic”, the webinar will feature a panel of industry experts and business leaders who will talk about different measures that businesses can take during the enhanced community quarantine (ECQ).

“We have seen the importance of a community helping each other out in times of crises, and UNAWA is dedicated to helping its fellow startups and SMEs emerge from the pandemic successfully,” said Atty. Mona Dimalanta, CEO of UNAWA. “This free webinar is part of our efforts to create a community of entrepreneurs that support each other and remind each other that they are not alone in facing these problems.”

Insights from legal experts and seasoned entrepreneurs

To ensure rich insights from various perspectives, UNAWA has put together an interactive panel that will exchange expert ideas while entertaining questions from the audience.

Panelists include: Reese Fernandez-Ruiz, president of eco-ethical fashion house Rags2Riches and founder of e-commerce platform Things That Matter PH; Darwin Mariano, founder of ticketing platform and crowdfunding project facilitator Ticket2Me; and Rommel Ng, founder of informational platform The Resto Coach and co-owner of restaurant chain Buffalo’s Wings N’ Things.

Rounding out the panel are Atty. Regina Jacinto-Barrientos, CEO of Puyat, Jacinto, and Santos (PJS) Law; and Atty. Mona Dimalanta, CEO of UNAWA. The two will offer legal insights on how businesses can stay afloat while a significant part of the country is in lockdown.

“We at PJS Law are committed to helping SMEs with any of their legal concerns in these trying times,” said PJS Law’s Atty. Regina Jacinto-Barrientos. “Entrepreneurs have a lot on their plate in their efforts to sustain their business, so we are working with Unawa to reach startup and SME communities and provide relevant legal and regulatory solutions.”

Interested participants can register for the webinar by filling out the form at https://bit.ly/Unawa-Webinar. Registrations will be open until Thursday, April 16, 5 PM.

Looking at the economy amid COVID-19

Sun Life presents April 2020 Market Update

If at the beginning of 2020 there was a lot of doubt about the threat of the novel coronavirus, nowadays there is none. COVID-19 has taken the world in its grasp, forcing entire countries to shut down as they scramble to contain it.

Worldwide market slowdown

Currently, about a third of the world’s population is on preventive lockdown, grinding economies to a standstill. In fact, the International Monetary Fund has already announced the start of a global economic recession, a period of economic decline where output falls for two successive quarters.

As a result, the global equity market has taken a plunge, at least in the short term. According to Sun Life Philippines’ April 2020 Market Update, returns on equities on the S&P 500 and MSCI World indices saw a dramatic decrease at the start of March; alongside the yields from long-end sovereign bonds from markets like the US, Germany, and Japan.

Clearly, damage has been done. Yet, in presenting the data, Mike Enriquez, Sun Life Philippine’s Chief Investment Officer, pointed out that it is too early to predict the long-term impact of COVID-19 on the global economy, as new cases are still increasing.

“This is not the first time that the global economy has experienced health scares,” he said, noting that markets are quick to bounce back if the world succeeds in containing the pandemic. “On a six-month basis, you can see markets recover at least a majority of the time, more so on a one-year period.”

Certain markets, such as the US, have much greater chances of a rapid recovery, as the country’s economic fundamentals and its policies, stand out versus its counterparts. Governments, however, play a crucial role in recovering what was lost.

The Philippine forecast

In the Philippine market, Sun Life has downgraded its gross domestic product (GDP) forecast for the year from an initial 6%-6.3% rate to a range of 2.82% to -6.5%, if the halt in economic activity in NCR and its surrounding regions is prolonged. Household consumption, private investments, as well as imports and exports are all expected to shrink this year.

Metro Manila, which accounts for 37.5% of GDP, is a major concern during the pandemic, as the entirety of Luzon accounts for about 73% of the country’s GDP. Sectors from retail, real estate, to manufacturing are experiencing serious challenges due to the enhanced community quarantine. The Philippine Stock Exchange Index has dropped by 32% year-to-date.

The Bangko Sentral ng Pilipinas has cut its benchmark rate by 50 basis points (bps) and eased rules for lenders. It is also buying P300 billion in government securities. Meanwhile, the Monetary Board also cut the reserve requirement ratio for universal and commercial lenders by 200 bps to 12%.

Sun Life expects rates to be cut by a further 25 basis points and the reserve requirement ratio by another 300 basis points in the second half of 2020.

Such measures, as well as the “Bayanihan to Heal as One” Act, which authorized the Office of the President to realign or reallocate as much as P275 billion in national budget and off-budget outlays to the government’s emergency subsidy program, aim to support economic activity in the short term, providing relief to some 18 million Filipino households most affected by the pandemic.

“The government recognizes that the only way they can cushion the blow would be to inject more fiscal spending into the economy,” Mr. Enriquez said. “Definitely it’s the government that will be the one that can support the economy moving forward.”

It remains to be seen how the country would continue its long-running economic narrative as a developing economy after the pandemic passes. However dire the situation may seem, there are still some bright spots of opportunity.

Brighter Days are yet to come

The Philippines’ economic fundamentals remain sound. The telecommunications industry as well as the energy industry have proven resilient in these times of crisis, providing reliable service to affected communities as well as safe havens for investors.

Michael Manuel, Sun Life Philippines’ Chief Market Development Officer, noted that the pandemic has given investors the opportunity to reassess their tolerance for risks and urged them to reevaluate their portfolios to reflect it.

For the bold, he even encouraged investors to look for undervalued stock as a way to look forward to the country’s future recovery.

“In choppy and unpredictable local and global environment, anchor your emotions and let your investment plans run their course,” he said.

Visit www.sunlifefunds.com to know more about investment opportunities even during these trying times.

Easing consumer needs during crisis

By Bjorn Biel M. Beltran
Special Features Assistant Editor, BusinessWorld

It is often the consumers who bear the brunt of the impact of any major global crisis. In the coronavirus pandemic, thousands of Filipinos have lost their livelihoods as the economy halts due to quarantine, while thousands more are laid off or are unable to go to work.

In an effort to encourage companies to aid in the plight of their consumers, the Philippine Marketing Association, through a Facebook live event, recently gathered the country’s business and industry leaders to give an overview of the Philippine value chain to ease consumer needs during the COVID-19 (coronavirus disease 2019) crisis.

An understanding of the supply chain and how the economy depends on it is essential, as the Enhanced Community Quarantine (ECQ) which has put the entirety of Luzon on lockdown, is affecting the flow of goods in and out of the country.

Marilyn Alberto, president of the Philippine Multimodal Transport and Logistics Association, Inc. and director and general manager for Kintetsu World Express, pointed out that the country’s ports are at risk of congestion due to the challenges brought about by the lockdown.

Working on a limited workforce, customs processes are experiencing significant delays. And while the government has been quick to impose measures to closely monitor the prices of farm and fishery products, processed goods, and medicines sold in Metro Manila and other urban centers nationwide, as more companies accumulate storage charges on their goods, these higher costs may be passed on to consumers in the future.

“The best way (to avoid this) is to consider how you can reduce transportation and logistics costs moving forward,” she said, urging companies to seize shipping consolidation opportunities, to maximize their trips to avoid ‘empty miles’ by collaborating with each other, and ensure smarter planning and coordination between procurement and distribution.

Ms. Alberto further urged the government and regulators to continue policies to ensure the free flow of goods across the country. For the long-term, better IT capabilities such as automated processing of permits and clearances would also solve future delays.

“We all need these efficiencies so that we can further lower our costs. Only with lower costs and efficiencies can we help our consumers,” she said.

Sharing the perspective of essential businesses, Marvin Tiu Lim, president of the Philippine Association of National Advertisers and vice-president for Sales and Marketing of Mega Global Group, pointed out that the stress of spikes in consumer demand is another challenge worth noting.

“We have problems in our canning plants. We have two kinds of plants producing upwards of 2.5 million cans per day. Right now, we’re only producing up to a million because of the lack of manpower that we are experiencing,” he said.

Much of Mega Global’s measures have been focused on keeping their products on the shelves, available for all Filipinos. Mr. Lim said that the company’s crisis management plan have been calibrated to ensure maximum capacity, unhampered logistics, and on-time delivery of goods, all while shifting its sales marketing strategies online.

“What are we doing now to ease consumer needs during this crisis? So number one, we provide assurance to everyone to the whole country that our basis is continuing,” he said.

“We are reaching out to our consumers by understanding their worries and pain points now. We need to make sure that we are always online, we are always checking the pulse of our consumers. And the most important is that we have to ensure our products are still on the shelves.”

The freedom of digital platforms amid lockdown

With consumers forced into their homes, many have turned to online solutions for their needs. Francis Reyes, Group CFO of Landers & Popeyes Group, saw traffic of their online portals spike by as much as 800% in the past weeks.

“Definitely there’s a sudden shock that the market has experienced and it has led to panic buying,” he said.

Having capable online platforms helped meet this demand, complete with delivery solutions, and fulfillment processes to Landers members. Mr. Reyes said that the real bottleneck, however, is in terms of the people working their stores.

“We have to improve our system by making sure that everyone who is working from home, all the infrastructure specialists are there to ensure that we sustain operations,” he said.

Atty. Paul Santos, chairman of the Philippine Retailers Association and president of Picture City, added that as many consumers all over the world become fearful of the coronavirus, digital solutions will become ever more essential.

“Moving forward, a lot of non-food retailers, especially those in modern retailing, will have to rethink their current online strategies. That’s about the only selling channel that’s moving for that particular sector. For those retailers who haven’t yet implemented one, or have yet to invest substantially in that sales channel, I think now is the time. Now’s the time to do it,” he said.

Ken Lerona, head of Marketing & Corporate Communications at Entrego, further noted that the pandemic has proven that Philippine businesses are ready to serve consumers digitally, as long as there is sufficient infrastructure to support such growth channels.

“What’s interesting is that from the situation that we’re in right now, we are seeing that the e-commerce strategy is really seeing major, major growth because of the demand. It’s definitely a reality that we’re facing right now,” he said.

“Our country is ready. It’s only a matter of making that end-to-end line seamlessly integrated,” he added.

F&B startup CloudEats raises $1.4-M in seed funding for regional expansion

F&B services startup CloudEats recently announced that they’ve raised $1.4-M in seed funding to fuel its regional expansion across the Philippines and Southeast Asia.

The “Cloud Kitchens and Restaurant” firm, launched in June 2019, aims to “change the way the urban emerging class eats by providing high-quality, affordable and quick meals on-demand.”

Kimberly Yao, CloudEats’ co-founder and CEO, brings in over a decade of experience operating one of the largest stand-alone Food & Entertainment companies in the Philippines. She also founded Boozy.ph, the leading beverage e-commerce company in the country, which sold to one of the largest beverage groups in the Philippines within 18 months of founding.

CloudEats’ co-founder and COO, Iacopo Rovere, is the former co-Founder and CEO of Foodpanda Philippines. He started Foodpanda in 2015, reaching millions of customers with a fleet of over 4,000 delivery riders.

“We plan to build over 100 kitchens and offer our in-house brands in at least four countries within the next 2 years and be the leading online food group across Southeast Asia,” said Yao.” Rovere agrees saying “CloudEats is revolutionizing kitchen operations that enable us to deliver more value to the consumers.”

Together, Yao and Rovere are bringing their experience in traditional food and beverage industries, as well as e-commerce and food delivery expertise to lead the company’s growth across Southeast Asia.

Veering away from the traditional restaurant model, CloudEats developed its cloud kitchens in non-retail, highly cost-efficient spaces with operations and layouts specifically designed for food delivery that result in high productivity and profitable unit economics while offering 15-20% lower prices compared to competing brands.

In March 2020, nine months into operations, CloudEats reached over 3,000 orders a day. They currently operate five kitchens, servicing 70 in-house restaurant brands, with offerings including chicken wings, healthy food, rice bowls, beverages and local cuisines.

These food brands are available on all major food delivery platforms including Grab Food, Foodpanda and Lalafood. Collectively, these fulfill over five million orders per month in the Philippines as of March 2020. More kitchens are under construction both locally and regionally.

“CloudEats’ delivery-focused business model which allows for quick setup and low startup investment, is a great complement to the food delivery ecosystem as it provides great food choices at affordable prices,” said Brian Cu, Co-Founder & Country Head of Grab Philippines.

Camille Hadjeri, Managing Director of Foodpanda Philippines, said “CloudEats is a strong partner to Foodpanda with its broad range of brands that helps us increase the choice for our customers.”

As part of its mission to become a leader in the food industry, CloudEats has started a charity food drive centered around providing cooked meals to medical and local government front liners who are fighting the COVID-19 pandemic. Armed with kitchens that are hyper-focused on delivery operations, CloudEats raised over 55,000 meal donations, which is sent daily to the front liners in this very challenging time.

[B-SIDE Podcast] Stay home—doctor’s orders

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The people who are supposed to be taking care of us are falling sick and dying from COVID-19. Anna Adora, a cardiologist at Philippine Heart Center and National Kidney and Transplant Institute, describes the situation in these two government hospitals and reminds us that social distancing is still the best way to stop the spread of the novel coronavirus.

This episode was recorded on April 2, before the Enhanced Community Quarantine was extended, in our respective homes, where we are sheltering in place. Produced by Nina M. Diaz, Paolo L. Lopez, and Sam L. Marcelo.

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