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DA chief orders transfer of suspended NFA supervisors’ authority
The transfer of authority of suspended warehouse supervisors of the National Food Authority has been ordered by Agriculture Secretary Francisco Tiu Laurel Jr. yesterday as NFA facilities remain closed amid the suspension order of the Office of the Ombudsman......»»
BSP on guard vs inflation risks amid El Niño
The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»
Marcos Jr. at PNP command conference: Not a loyalty check
It was not a loyalty check but an admonition to strengthen focus on addressing criminality, the country’s national police chief said yesterday of his first command conference with President Marcos at Camp Crame, amid rumors of destabilization attempts......»»
Philippines to improve 9 of its islands in South China Sea
MANILA, The Philippines: The Philippines is set to enhance the habitability of islands it considers part of its territory in the South China Sea, according to Romeo Brawner, Manila's military chief. These plans are unfolding amid escalating tensions between the Philippines and China, as both nations claim South China Sea territory and have accused each other of provocative actions in the region. Apart fr.....»»
Philippines to enhance habitability of its islands in South China Sea
MANILA, The Philippines: The Philippines is set to enhance the habitability of islands it considers part of its territory in the South China Sea, according to Romeo Brawner, Manila's military chief. These plans are unfolding amid escalating tensions between the Philippines and China, as both nations claim South China Sea territory and have accused each other of provocative actions in the region. Apart fr.....»»
PNP officers urged to shun adventurism
Amid rumors of destabilization attempts against the administration, Philippine National Police chief Gen. Benjamin Acorda Jr. has rallied police officers against resorting to adventurism......»»
Heavy fire from Lebanon targets northern Israel amid concern over Gaza spillover
Powerful Lebanese armed group Hezbollah says it hit a key Israeli observation post early on Saturday with 62 rockets as a 'preliminary response' to the killing of Hamas' deputy chief earlier this week.....»»
Amid MSU bombing, defense chief urges review of campus ban on security forces
Defending the Philippine National Police (PNP) and the Armed Forces of the Philippines (AFP), Teodoro stressed that what happened was officials’ “failure to appreciate” the intelligence sent to them.....»»
Amid underlying tensions, Xi pushes for more trust with Vietnam
Hanoi [Vietnam], December 13 (ANI): Barely months after Hanoi improved ties with Washington, China and Vietnam, two ancient foes with long-standing disputes over competing claims in the South China Sea, decided on Tuesday to hold discussions on collaborations between them, according to CNN. Chinese state media hailed a "new positioning of relations" between Chinese leader Xi Jinping and Vietnamese Communist Party chief Ng.....»»
Amid underlying tensions, Xi pushes for more trust with Vietnam
Hanoi [Vietnam], December 13 (ANI): Barely months after Hanoi improved ties with Washington, China and Vietnam, two ancient foes with long-standing disputes over competing claims in the South China Sea, decided on Tuesday to hold discussions on collaborations between them, according to CNN. Chinese state media hailed a "new positioning of relations" between Chinese leader Xi Jinping and Vietnamese Communist Party chief Ng.....»»
BI warns Pinoys vs trafficking amid conflict in Myanmar as four victims arrive in PH
THE Bureau of Immigration (BI) is calling on Filipinos to exercise extreme caution in the face of the ongoing conflict in Myanmar, as four individuals who fell victim to illegal recruitment sought repatriation back to the Philippines. BI chief Norman Tansingco said the victims, whose names are withheld for their protection, arrived in Manila from […].....»»
Countries queue for joint Phl patrols
The Philippines is considering multilateral patrols with other nations by next year, aside from the country’s maritime cooperative activities with the United States and Australia, Armed Forces of the Philippines chief General Romeo Brawner Jr. said Monday. But even without its allies, Brawner said the Philippines will continue its unilateral maritime and air patrol in its exclusive economic zone in the West Philippine Sea amid China’s encroachment “as it is our responsibility.” “But the joint maritime and air patrols with our allies and our partners will continue, we just don’t know for now how frequent they will be and also maybe the extent of our patrols, but we are working on that. We are constantly talking to our allies and partners,” he said. Brawner said many countries have signified an interest in conducting joint patrols with the Philippines. “They are also very much willing to conduct and to continue conducting this joint maritime and air patrols with the US in the West Philippine Sea,” he noted. “Aside from the bilateral joint exercises and joint operations that we are doing, there are also some countries who are expressing their desire to conduct this joint maritime and air patrols not just bilaterally but multilaterally,” he added. Brawner said they have yet to start the planning and preparation for the multilateral patrols. The safety of all patrol participants is a top concern, he added. The Philippines last week held joint MAC patrols with the United States and Australia, with Chinese military assets constantly shadowing the allies, whether on air or sea. The AFP chief said China’s activities during the MCAs were as expected. “I don’t think it was unusual, in fact, it happened this year, in May of this year, when US aircraft were flying over the South China Sea and they also encountered Chinese PLA (People’s Liberation Army) aircraft circling them so this is not the first time this happened,” said Brawner. He cited the US-PLA encounter in relation to Sunday’s incident in which two Chinese fighter jets not only shadowed but encircled two Philippine Air Force turboprop Super Tucano planes. Despite the harassment of the Tucanos, Brawner described the joint Philippines and Australia patrol as a “very successful event” as the AFP was able “to achieve the set objectives” for the joint activity. For his part, Defense Chief Gilberto Teodoro Jr. confirmed the country’s possible iterations of the MCA with other nations. “All iterations are possible with friendly and allied nations, that’s within the multilateral relations that we discussed earlier,” he said. By doing so, Teodoro said, these multilateral activities are part “of the acceptance of the righteousness of our country’s position.”.....»»
LTFRB chief not yet off the hook
Land Transportation Franchising and Regulatory Board Chairman Teofilo Guadiz III is not yet off the hook despite his reinstatement amid corruption allegations against him, according to Transportation Secretary Jaime Bautista......»»
Steven Tan named Winshang’s International Influential Person in Shopping Centers
SM Supermalls president Steven Tan was recognized as one of Winshang’s Golden Censer Prize winners for being “The International Influential Person of the Year 2023 in Shopping Centers” at the 2023 China (International) Shopping Center Summit in Shanghai on 24 August. The Golden Censer Prize is a large-scale professional recognition of China’s commercial real estate and famous brands initiated by Winshang, in collaboration with mainstream industrial media, based on field research, data analysis, and media surveys among others. Tan, who assumed the role of president of SM Supermalls in 2020, has been a key figure in the growth and innovation of the mall chain in the Philippines and China. Retail legacy As President, he oversees mall operations in both countries, carrying forward SM’s 65-year legacy of retail innovation and outstanding customer service. Under his leadership, SM Supermalls withstood the challenges of the pandemic and rebounded as the economy slowly opened up amid the global health crisis. With the guidance of the Sy family, Tan made sure that SM responded with an agile, innovative, and proactive approach to cater to the needs of all stakeholders, from employees and tenants to shoppers. Mall’s strategies The mall’s strategies — adapting the tenancy mix, creating novel reasons to attract visitors to malls, targeting new customer segments through innovative marketing, and developing omnichannel services — enabled them to gain the trust and loyalty of modern shoppers during the pandemic. Because of this, SM managed to recover and exceed pre-pandemic revenues and income by 2023. In line with its latest expansion program, SM continues to open new malls in China and the Philippines. This brings the total number of shopping centers, locally and internationally, under Tan’s stewardship to 93, featuring a cumulative construction area of over 10.8 million square meters and a daily foot traffic of more than 4.2 million. The latest SM malls to open are SM City Yangzhou last 28 September 2023 (left) and SM City Sto. Tomas, Batangas last 27 October 2023 (right). The latest malls to open were SM City Yangzhou last 28 September 2023 and SM City Sto. Tomas, Batangas last 27 October 2023. Numerous accolades Tan’s exceptional efforts were also honored by various international organizations over the years. He received numerous accolades including the 2021 Asia’s Most Influential by Tatler Asia, the 2022 Asia Pacific Women’s Empowerment Principles Awards Leadership Commitment by United Nations Women, and the Global Filipino Executive of the Year at the Asian Chief Executive Officer Awards just to name a few. His dedication and visionary leadership continue to shape the landscape of shopping centers and commercial real estate, not just in Asia but across the globe. The post Steven Tan named Winshang’s International Influential Person in Shopping Centers appeared first on Daily Tribune......»»
SM’s Steven Tan named Winshang’s 2023 International Influential Person in Shopping Centers
SM Supermalls president Steven Tan was recognized as one of Winshang’s Golden Censer Prize winners for being "The International Influential Person of the Year 2023 in Shopping Centers" at the 2023 China (International) Shopping Center Summit in Shanghai on 24 August 2023. The Golden Censer Prize is a large-scale professional recognition of China's commercial real estate and famous brands initiated by Winshang, in collaboration with mainstream industrial media, based on field research, data analysis and media surveys, among others. Tan, who assumed the role of President of SM Supermalls in 2020, has been a key figure in the growth and innovation of the mall chain in the Philippines and China. As president, he oversees mall operations in both countries, carrying forward SM's 65-year legacy of retail innovation and outstanding customer service. SM Mall of Asia Complex Under his leadership, SM Supermalls withstood the challenges of the pandemic and rebounded as the economy slowly opened up amid the global health crisis. With the guidance of the Sy family, Tan made sure that SM responded with an agile, innovative and proactive approach to cater to the needs of all stakeholders, from employees and tenants to shoppers. SM City Yangzhou SM City Sto. Tomas The mall’s strategies -- adapting the tenancy mix, creating novel reasons to attract visitors to malls, targeting new customer segments through innovative marketing and developing omnichannel services -- enabled them to gain the trust and loyalty of modern shoppers during the pandemic. Because of this, SM managed to recover and exceed pre-pandemic revenues and income by 2023. In line with their latest expansion program, SM continues to open new malls in China and the Philippines. This brings the total number of shopping centers, locally and internationally, under Tan's stewardship to 93, featuring a cumulative construction area of over 10.8 million square meters and a daily foot traffic of more than 4.2 million. The latest malls to open were SM City Yangzhou last 28 September 2023 and SM City Sto Tomas, Batangas last 27 October 2023. Tan’s exceptional efforts were also honored by various international organizations over the years. He received numerous accolades including the 2021 Asia's Most Influential by Tatler Asia, the 2022 Asia Pacific Women's Empowerment Principles Awards Leadership Commitment by United Nations Women, and the Global Filipino Executive of the Year at the Asian Chief Executive Officer Awards, just to name a few. His dedication and visionary leadership continue to shape the landscape of shopping centers and commercial real estate, not just in Asia but also across the globe. Steven Tan receives the 2023 PeopleAsia People of the Year Award. Tan shared the Winshang Golden Censer Prize with his two co-awardees, namely Powerlong Real Estate Holding’s Co-president Chen Deli, and SCE Commercial Management Holdings' chairman of the board Huang Lun. SM Supermalls is a subsidiary of SM Prime Holdings Inc., with 85 malls in the Philippines and 8 in China. The post SM’s Steven Tan named Winshang’s 2023 International Influential Person in Shopping Centers appeared first on Daily Tribune......»»
Meta quarterly profit jumps but it sees volatility in ad market
Meta on Wednesday reported that its quarterly profit more than doubled from last year's figure as it looks ahead at a volatile ad market and lawsuits accusing it of profiting from "children's pain." "Meta earnings looked pretty good," said independent tech analyst Rob Enderle. "They have clearly cut back on the bleeding surrounding their metaverse efforts and the company appears to be on a more even keel right now." The tech giant said it made a profit of $11.6 billion as ad revenue climbed 23 percent to $34 billion when compared to the same period a year earlier. "We had a good quarter for our community and business," said Meta chief executive Mark Zuckerberg. The number of people using Facebook monthly rose slightly to 3.05 billion in a year-over-year comparison while monthly active users of Meta's "family" of apps was 3.96 billion a 7 percent increase from the same quarter in 2022, the company reported. Meta said it had trimmed costs, with layoffs and other belt-tightening measures started last year providing "greater efficiency." Meta had suffered a rough 2022 amid a souring economic climate and Apple's data privacy changes, which allowed users to block ad targeting, the pillar of Meta's business. Meta's vow of austerity on spending brought an unprecedented round of cost-cutting that saw the company lay off tens of thousands of workers since last November. Meta shares, which closed the formal trading day down, fell more than three percent further in after-hours trades to $289.50. Chief financial officer Susan Li said during an earnings call that Meta is seeing "volatility" in an ad market that started to soften when the conflict between Israel and Hamas began. "It's hard for us to attribute demand softness directly to any specific geopolitical event," Li said. "We have seen broader demand softness follow other regional conflicts in the past, such as in the Ukraine war, so this is something that we're continuing to monitor." Lawsuit peril Analyst Enderle maintained that Meta is at risk from lawsuits poised to damage its image and its wallet. Dozens of US states this week accused Meta of profiting "from children's pain," damaging their mental health and misleading people about the safety of its platforms. "In seeking to maximize its financial gains, Meta has repeatedly misled the public about the substantial dangers of its Social Media Platforms," argued a joint lawsuit filed in federal court in California. The states accused Meta of exploiting young users by creating a business model designed to maximize time they spend on the platform despite harm to their health. In total more than 40 states are suing Meta, though some opted to file in local courts rather than join in the federal case. Meta said the states were singling it out unfairly instead of working with social media companies to develop universal standards for the whole industry. "This landmark lawsuit could herald a seismic shift in how social media platforms approach product features and user engagement," said Insider Intelligence principal analyst Jeremy Goldman. "That said, even as tech stocks face uncertainty, Meta's consistent performance cements its leadership in the digital realm." Meanwhile, the European Union is seeking details on measures Meta has taken to stop the spread of "illegal content and disinformation" in light of the conflict between Israel and Hamas. The AI race The tech giant is putting artificial intelligence into digital assistants and smart glasses as it seeks to gain lost ground in the AI race. "I'm proud of the work our teams have done to advance AI and mixed reality with the launch of Quest 3, Ray-Ban Meta smart glasses, and our AI studio," Zuckerberg said in the earnings release. The second-generation Meta Ray-Ban smart glasses made in a partnership with EssilorLuxottica have a starting price of $299. "Smart glasses are the ideal form factor for you to let AI assistants see what you're seeing and hear what you're hearing," Zuckerberg said. Meta has taken a more cautious approach than its rivals Microsoft, OpenAI, and Google to push out AI products, prioritizing small steps and making its in-house models available to developers and researchers. "The majority of the world's population will have their first experience of generative artificial intelligence with us," Meta chief technology officer Andrew "Boz" Bosworth told AFP in a recent interview. Meta recently unveiled AI-infused chatbots with personalities, along with tools for creating images or written content using spoken prompts. The post Meta quarterly profit jumps but it sees volatility in ad market appeared first on Daily Tribune......»»
Energy sector workers run out
Amid the energy transition frenzy, listed Aboitiz Power Corp., or AboitizPower, recognized a growing scarcity of skilled power industry workers. It is thus necessary to develop a workforce that can adapt and implement energy security, affordability, and sustainability. “There has to be a workforce now and in the future that will keep our energy system functioning and serve the needs of our country,” AboitizPower chief people officer MaLu Inofre said. “Among our most difficult challenges is building a skilled talent pipeline that can effectively adjust and work with the fast-paced transformation within the industry’s energy mix, digital systems and regulations,” she said. Power forum held “It has become exceedingly vital to ensure that workforce skills align with the changes of the times,” she further explained. “In the same way, attracting talent in a competitive global market is crucial to a sustainable, efficient, and innovative Philippine power sector that meets our country’s growing energy demands and sustainability objectives.” Inofre made her remarks during the first Philippine Power Industry HR Forum at Shangri-La The Fort, Taguig City. The event was presented by the American Chamber of Commerce of the Philippines Inc., or AmCham, in partnership with AboitizPower. In the Philippines, the Department of Labor and Employment said that an estimated 1 million skilled workers in engineering, architecture, and construction are lacking. They cited “Power Plant Maintenance Engineer” and “Maintenance/Powerplant Engineers” as among the most challenging occupations to fill up. This can be due to a lack of qualified applicants or brain drain (or when better opportunities abroad are taken advantage of by skilled locals). “Between 2016 and 2021, the employment in the power industry declined by 15,444 individuals,” said DoLE Bureau of Local Employment Director Patrick Patriwirawan Jr. during the same event. “The Philippines saw an increase in the employment in the renewable energy industry last year but could have employed more if not for the delays caused by the Covid-19 pandemic on various project developments in the sector.” Inofre added that a major factor influencing the labor shortage is the shift in the type of skills sought by employers, especially as the sector tries to balance the entry of renewable energy whilst maintaining traditional energy systems. “Knowing this, upskilling will be key to facilitating a just transition for those who will be affected by the transition to a greener economy, as well as the new generation of workers. It is imperative that we successfully cultivate both thermal and renewable energy, so that we can ensure reliable and affordable energy supply for the country,” she said. Meralco Power Academy program management director Engr. Marc Lester Malibiran explained that, on top of upskilling the workforce, the industry should also help develop interest for the sector, especially in the youth. “The Philippines boasts a young and vibrant population, brimming with innovative potential. By investing in talent development, we tap into this dynamic workforce, harnessing their fresh ideas and energy,” he said. “Unfortunately, we are seeing a decline in both take-up and completion of STEM (science, technology, engineering and mathematics), averaging only a 21 percent completion [rate].” Intimidating STEM “Young Filipinos avoid STEM as it is seen to be an intimidating course of study. This is important to know as this signals us to develop programs that remove this preconceived notion,” he added. Young academic and professional achievers were recruited and trained by AboitizPower to operate, monitor, and control the company’s National Operations Control Center, which oversees over 20 renewable energy facilities spread across the country all from one central location. The forum served as an avenue for human resources professionals in the Philippine power industry to connect, collaborate, and communicate ideas, knowledge and best practices. Sentiments from the breakout sessions revealed that skills and competency gaps or mismatch, a limited external talent pool, and difficulty in retaining talent due to global and local competition are the most cited challenges in the human resources field of the energy sector. The post Energy sector workers run out appeared first on Daily Tribune......»»
A skilled workforce — a critical component of Phl energy transition
Amid the Philippine energy transition, Aboitiz Power Corporation recognized the growing scarcity of skilled power industry workers and, hence, the necessity of developing a workforce that can adapt and willingly carry the important task of ensuring energy security, affordability, and sustainability for today’s and tomorrow’s Filipinos. “There has to be a workforce now and in the future that will keep our energy system functioning and serve the needs of our country,” said AboitizPower chief people officer MaLu Inofre. “However, among our most difficult challenges is building a skilled talent pipeline that can effectively adjust and work with the fast-paced transformation within the industry's energy mix, digital systems and regulations.” “It has become exceedingly vital to ensure that workforce skills align with the changes of the times,” she further explained. “In the same way, attracting talent in a competitive global market is crucial to a sustainable, efficient, and innovative Philippine power sector that meets our country’s growing energy demands and sustainability objectives.” Inofre made her remarks during the first Philippine Power Industry HR Forum at Shangri-La The Fort, Taguig City. The event was presented by the American Chamber of Commerce of the Philippines, Inc. in partnership with AboitizPower. Young academic and professional achievers were recruited and trained by AboitizPower to operate, monitor, and control the company’s National Operations Control Center, which oversees over 20 renewable energy facilities spread across the country all from one central location. In the Philippines, the Department of Labor and Employment said that an estimated one million skilled workers in engineering, architecture and construction are lacking. They cited “Power Plant Maintenance Engineer” and “Maintenance/Powerplant Engineers” as among the hard-to-fill occupations in the country. This can be due to a lack of qualified applicants or brain drain (or when better opportunities abroad are taken advantage of by skilled locals). “Between 2016 and 2021, the employment in the power industry declined by 15,444 individuals,” said DOLE Bureau of Local Employment Director Patrick P. Patriwirawan Jr. during the same event. “The Philippines saw an increase in the employment in the renewable energy industry last year but could have employed more if not for the delays caused by the Covid-19 pandemic on various project developments in the sector.” Inofre added that a major factor influencing the labor shortage is the shift in the type of skills sought by employers, especially as the sector tries to balance the entry of renewable energy whilst maintaining traditional energy systems. “Knowing this, upskilling will be key to facilitating a just transition for those who will be affected by the transition to a greener economy, as well as the new generation of workers. It is imperative that we successfully cultivate both thermal and renewable energy, so that we can ensure reliable and affordable energy supply for the country,” she said. Meralco Power Academy Program management director Engineer Marc Lester Malibiran explained that, on top of upskilling the workforce, the industry should also help develop interest for the sector, especially in the youth. In a panel discussion, AboitizPower Chief People Officer MaLu Inofre (2nd from right) said that the energy industry must come together to craft and implement programs that strengthen the talent pipeline for the Philippine power industry. “The Philippines boasts a young and vibrant population brimming with innovative potential. By investing in talent development, we tap into this dynamic workforce, harnessing their fresh ideas and energy,” he said. “Unfortunately, we are seeing a decline in both take-up and completion of STEM (science, technology, engineering and mathematics), averaging only a 21 percent completion [rate].” “Young Filipinos avoid STEM as it is seen to be an intimidating course of study. This is important to know as this signals us to develop programs that remove this preconceived notion,” he added. The Philippine Power Industry HR Forum served as an avenue for human resources professionals in the Philippine power industry to connect, collaborate and communicate ideas, knowledge and best practices. Sentiments from the breakout sessions revealed that skills and competency gaps or mismatch, a limited external talent pool and difficulty in retaining talent due to global and local competition are the most cited challenges in the human resources field of the Philippine energy sector. A panel discussion moderated by Atty. Jose Layug Jr. of Divina Law saw Michael Page regional director and country head Albert Perez, Meralco chief HR officer Edgardo “Egay” Carasig, Philippine Independent Power Producers Association, Inc. president Atty. Anne Estorco Montelibano and ACEN chief HR officer John Philip Orbeta discuss the need to calibrate existing government programs to be more in sync with the needs of the energy industry. This includes building competencies within communities to turn locals into more competitive applicants. Meanwhile, another panel discussion moderated by AmCham Human Capital & Resources Committee co-chair Ernie Cecilia had Global Business Power Corporation VP-Human Resources Maria Luz Blanco-Uriarte, One Renewable Energy Enterprise, Inc. founder and president Erel Narida and AboitizPower’s Inofre talk about how retaining workers involves investing on their skills, ensuring talent mobility opportunities and giving them a sense of purpose. “The energy industry must create an acceptable, progressive plan to resolve the talent crisis. AboitizPower, for one, makes an effort to resolve the shortage of estimated skilled workers in our industry by maintaining academic-industry linkages with universities in the country, providing long-term scholarships [and] establishing programs with TESDA that help promote electrical engineering skills at the grassroots level, among other initiatives,” Inofre said. “Through similar initiatives, I believe we can successfully empower a community of like-minded individuals who work towards implementing human resource programs that strengthen the talent pipeline for the Philippine power industry,” she concluded. The post A skilled workforce — a critical component of Phl energy transition appeared first on Daily Tribune......»»
Danish envoy backs Phl’s push for rules-based order amid WPS conflict
An envoy from Denmark has expressed its support to the Philippines in promoting a rules-based order and international rule of law in light of the recent collision incident involving Beijing and Manila vessels, in Ayungin Shoal in the West Philippine Sea. In a statement on Wednesday, Department of National Defense spokesperson Arsenio Andolong said Denmark's ambassador to the Philippines, Michael Skjold Mellbin, met with Defense chief Gilberto Teodoro Jr. to tackle the ongoing defense cooperation between the Philippines and Denmark. Among the discussed topics was the recent incident in Ayungin shoal wherein Mellbin stressed that such events have “put the lives of Filipino sailors at risk” and “undermines regional security." Further, Mellbin has invited the the Philippine Navy and the Philippine Coast Guard for a study visit in Copenhagen, Denmark to avail of the “exchange of insights on the law of the sea.” He said asked the PN and PCG to provide inputs on Denmark’s naval, coastal, and marine defenses, technologies, and doctrines. Teodoro welcomed the invitation and described it as a” good opportunity in light of current defense realities” in the WPS. Andolong said the possible cooperation between the Philippines and Denmark on cyber defense and information technology was also discussed during their meeting. Also, Teodoro and Mellbin agreed to put a premium on countering disinformation and proactively addressing threats in the information ecosystem. “The Danish ambassador acknowledged the Philippines’ support in upholding the rules-based international order, in relation to the ongoing war in Ukraine,” Andolong said. “Both sides looked forward to concretizing Philippines-Denmark cooperation as global security challenges persist and become more unpredictable and volatile,” he added. The post Danish envoy backs Phl’s push for rules-based order amid WPS conflict appeared first on Daily Tribune......»»
Grab’s new earnings plan aids delivery riders amid price woes
Dominant super app Grab Philippines has rolled out a more competitive compensation scheme for delivery partners to help them cope with the current market and inflationary challenges. Grab Philippines chief operating officer Ronald Roda said in a press statement on Wednesday that the new enhancements—which promote platform experience, earnings fairness and sustainability, and social safety nets—will benefit all industry stakeholders. The new program, which was designed to better align with its partners' efforts and the realities of the delivery landscape, was launched after a two-month pilot. The revamped plan addresses imbalances and ensures fairer compensation by improving the previous model that offered a fixed base fare, which was often not reflective of the actual effort involved in each delivery task. A guaranteed minimum fare is also introduced in the new model to provide financial stability and protect partners from low-earning trips. This guarantees that every delivery job, no matter how small, contributes a fair amount towards a partner's income. On top of all these, Grab ensures that its delivery partners on the platform continue to earn significantly more than the minimum wage. "In the face of evolving consumer behaviors and significant macroeconomic shifts, our delivery service's remarkable resilience is a reflection of our philosophy that our success is intertwined with the success of our partners," Roda said. "As we continue to navigate the post-pandemic era, we are firm in our commitment to showcasing our adaptability and unwavering support to our delivery partners," he added. Grab has also made "significant upgrades" to the partner-platform interaction, deploying advanced digital tools for better order forecasting and preparation time accuracy, as well as merchant education programs. These will significantly reduce unnecessary delays–allowing partners to fulfill more orders in less time, and thus increasing their potential earnings. Likewise, Grab has improved its algorithms and enhanced the merchant-partner interface to ensure pinpoint accuracy in merchant details and geotagging, which means that partners can trust the platform to direct them accurately. "With these progressive enhancements, we're not just optimizing a service; we're fortifying a platform of vast opportunities. This move goes beyond transactional interactions, touching lives and empowering thousands of delivery partners across the Philippines by providing more equitable earnings, stability, and growth potential," Roda affirmed. Locally, Grab has committed to helping the government generate 500,000 livelihood opportunities for Filipinos in the coming years. The post Grab’s new earnings plan aids delivery riders amid price woes appeared first on Daily Tribune......»»