DOST: Trials for China s Sinovac, Clover may start end-2020 or early 2021
The COVID-19 vaccine candidates of Sinovac Biotech Ltd. and Clover Biopharmaceuticals have passed the technical review of the vaccine expert panel for their application to conduct Phase 3 clinical trials in the Philippines......»»
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......»»
Narcolepsy, cancer tipped as Medicine Prize opens Nobel week
Narcolepsy, cancer, or mRNA vaccine research could win the Nobel Medicine Prize on Monday when a week of announcements kicks off, but experts see no clear frontrunner for the Peace Prize. The awards, first handed out in 1901, were created by Swedish inventor and philanthropist Alfred Nobel in his 1895 will to celebrate those who have "conferred the greatest benefit on mankind." The Medicine Prize is first out and will be announced in Stockholm on Monday around 11:30 a.m. (0930 GMT), followed by the awards for physics on Tuesday, chemistry on Wednesday, and literature on Thursday. The Peace Prize, the most highly-anticipated Nobel and the only one announced in Oslo, will follow on Friday, before the Economics Prize rounds things off on October 9. The Medicine Prize has over the years crowned groundbreaking discoveries like the X-ray, penicillin, insulin, and DNA -- as well as now-disgraced awards for lobotomy and the insecticide DDT. Several Nobel watchers have suggested this year's prize could go to research into narcolepsy and the discovery of orexin, a neuropeptide that helps regulate sleep. It could also go to Hungarian-born Katalin Kariko and Drew Weissman of the United States for research that led directly to the first mRNA vaccines to fight COVID-19, made by Pfizer and Moderna. Their discovery has already won a slew of major medicine prizes, but the Nobel committee nowadays often waits decades to bestow its laurels to ensure the research stands the test of time. "Maybe the Academy thinks it needs to look into it more, but someday they should win," predicted Annika Ostman, science reporter at Swedish public radio SR. Gene engineering and IceCube telescope But Ostman said her guess for this year was on Kevan Shokat, an American biologist who figured out how to block the KRAS cancer gene behind a third of cancers, including challenging-to-treat lung, colon, and pancreatic tumors. T-cell therapy for cancer treatment and work on the human microbiome could also be contenders, said David Pendlebury, head of the Clarivate Analytics group which identifies Nobel-worthy research. "There are more people deserving of a Nobel Prize than there are Nobels to go around," he told AFP. Lars Brostrom, Ostman's colleague at SR, singled out two American biologists, Stanislas Leibler, and Michael Elowitz, for their work on synthetic gene circuits which established the field of synthetic biology. It enables scientists to redesign organisms by engineering them to have new abilities. But Brostrom noted the field could be seen as controversial, raising "ethical questions about where to draw the line in creating life". For the Physics Prize, twisted graphene or the IceCube Neutrino Observatory in Antarctica were seen as possible winners, as well as the development of high-density data storage in the field of spintronics. Peace Prize to Iranian women? For Wednesday's Chemistry Prize, Pendlebury suggested next-generation DNA sequencing could get the nod, or research into how to target and deliver drugs to genes. Brostrom said he would love to see it go to US-based chemist Omar Yaghi for his work into porous materials known as MOFs, which can absorb poisonous gases or harvest water from desert air, and is an "important field for the future" with enormous potential for the environment. Criticism over a lack of gender and geographical diversity has plagued the Nobels over the years. US-based men have dominated the science fields, while women account for just six percent of overall laureates -- something the various award committees insist they are addressing. Among the names making the rounds for Thursday's Literature Prize are Russian author and outspoken Putin critic Lyudmila Ulitskaya, Chinese avant-garde writer Can Xue, British author Salman Rushdie, Caribbean-American writer Jamaica Kincaid and Norwegian playwright Jon Fosse. But for the Peace Prize, experts have been scratching their heads over possible winners, as conflicts rage around the globe. Some have pointed to the Iranian women protesting since the death in custody a year ago of Mahsa Amini, arrested for violating Iran's strict dress code imposed on women. Others suggest organizations documenting war crimes in Ukraine, or the International Criminal Court, which could one day be called upon to judge them. "I think that climate change is a really good focus for the Peace Prize this year," Dan Smith, the head of the Stockholm International Peace Research Institute, told AFP after a year of extreme weather around the world. For the Economics Prize, research on income and wealth inequality could be honored. Recent winners of the Nobel Medicine Prize Here is a list of the winners of the Nobel Medicine Prize in the past 10 years: 2022: Swedish paleogeneticist Svante Paabo for his discoveries on the genomes of extinct hominins and human evolution. 2021: US duo David Julius and Ardem Patapoutian for discoveries on human receptors responsible for our ability to sense temperature and touch. 2020: Americans Harvey Alter and Charles Rice, together with Briton Michael Houghton, for the discovery of the Hepatitis C virus, leading to the development of sensitive blood tests and antiviral drugs. 2019: William Kaelin and Gregg Semenza of the US and Britain's Peter Ratcliffe for establishing the basis of our understanding of how cells react and adapt to different oxygen levels. 2018: Immunologists James Allison of the US and Tasuku Honjo of Japan, for figuring out how to release the immune system's brakes to allow it to attack cancer cells more efficiently. 2017: US geneticists Jeffrey Hall, Michael Rosbash, and Michael Young for their discoveries on the internal biological clock that governs the wake-sleep cycles of most living things. 2016: Yoshinori Ohsumi of Japan for his work on autophagy -- a process whereby cells "eat themselves" -- which when disrupted can cause Parkinson's and diabetes. 2015: William Campbell, an Irish-US citizen, Satoshi Omura of Japan, and Tu Youyou of China for unlocking treatments for malaria and roundworm. 2014: American-born Briton John O'Keefe, May-Britt Moser, and Edvard I. Moser of Norway for discovering how the brain navigates with an "inner GPS". 2013: Thomas C. Sudhof, a US citizen born in Germany, and James E. Rothman and Randy W. Schekman of the US for work on how the cell organizes its transport system. The post Narcolepsy, cancer tipped as Medicine Prize opens Nobel week appeared first on Daily Tribune......»»
Not a fan of Donald
With a parting shot at his former boss Donald Trump, General Mark Milley resigned as the top US military official on Friday. He said that no soldier had ever taken an oath to serve a “wannabe dictator.” On his final day as chairman of the Joint Chiefs of Staff, Milley delivered a shocking reprimand that perfectly exemplified how the US military has been drawn into the increasingly combustible political landscape since the Trump administration. Milley did not specifically mention Trump during a lavish military ceremony for his leaving, but it was clear who he was criticizing. Defense Secretary Lloyd Austin and President Joe Biden were both present. Milley remarked of American soldiers “We don’t take an oath to a king, or queen, or a tyrant, or a dictator.” And we don’t swear an oath to a would-be autocrat. Air Force General Charles “CQ” Brown, the second African American to hold the position of chairman of the Joint Chiefs of Staff, will take Milley’s place. Milley, a barrel-chested army veteran with four decades of service, has held numerous high-level leadership positions and numerous foreign deployments. But he had his most difficult task when Trump gave him the career apex position of senior military advisor to the president in 2019. Milley oversaw the daunting withdrawal of US troops from Afghanistan, special operations in Syria, and a sizable program to support Ukraine in its valiant struggle against Russian invasion during a four-year term that will continue under Biden starting in 2021. Crisis after crisis Milley told AFP last month that during his tenure as chairman, “it was one crisis after another.” However, under Milley’s tenure at the head, the military became embroiled in an unusually high number of politicized incidents. Senior Republicans have regularly attacked what they allege are “woke” leftist practices inside the ranks, even as the Biden administration has pushed for measures such as renaming bases named after Confederate generals in the Civil War. And even that was not as dangerous as the delicate predicament Milley was in before and after the 2020 presidential election, when Trump, in a first-ever political nightmare for the United States, refused to concede loss. According to the book “Peril” by Bob Woodward, at the height of the crisis following the invasion of the US Capitol by Trump supporters on 6 January 2021, Milley discreetly called his Chinese counterpart to reassure Beijing that the US was “stable” and had no intention of attacking China. With AFP The post Not a fan of Donald appeared first on Daily Tribune......»»
Marina Adams debuts in Asia
Longlati Foundation presents Marina Adams’ debut institutional solo exhibition in Asia, In the Garden of My Memory, featuring 11 large-scale acrylic and watercolor paintings and four scroll intaglio monoprints on paper inspired by Chinese folded books. Poetry is a crucial component of Adams’ artistic practice, intertwining language and painting, opening a pathway through its ineffable sensory experience. In the Garden of My Memory is derived from Ted Berrigan’s poem “Tambourine Life.” Perhaps this phrase struck Adams in her studio on a summer afternoon and leapt off the page. Here, it functions as a cryptic invitation, inviting viewers to journey through the artist’s vibrant realm of memories constructed through colors. Like poetry, Adams’ artworks don’t provide specific imagery or narratives, yet they vividly convey her perspectives and contemplation of the world. Impressions drawn from nature, music, fabrics, architecture and literature are transformed into dynamic colors, humming with the physical resonance of individual existence through the canvas as if its structure were a kind of grammar, and light and shadow serve as its tones. These pieces traverse the boundaries of diverse logical fields, directly reaching the channels of individual senses. [gallery columns="2" size="full" ids="180075,180073"] Adams’ creations should be understood as abstract expressionism within the realm of color field painting. On the one hand, she follows the tradition of color field painting, emphasizing the ontological superiority of overall form and color in the painting, thereby discarding the once-prominent symbols and rhetoric. On the other hand, distinct from the typical serenity and meticulousness of color field paintings, she consistently infuses her colors with spiritual energy, imbuing her paintings with vitality. They undoubtedly emanate from the artist’s bodily rhythm, interpreted into live abstractions through brushes and pigments. Adams earned degrees from Tyler School of Art, Temple University, Philadelphia, and Columbia University in New York. She is the recipient of the John Simon Guggenheim Memorial Fellowship (2016) and the Award of Merit Medal for Painting from the American Academy of Arts and Letters (2018). She has participated in various solo and group exhibitions, including the Parrish Art Museum, Water Mill, New York (2021), Modern Art Museum, Fort Worth (2020), Camden Arts Centre, London (2016) and CUE Art Foundation, New York (2008). Marina Adams’ work is in the collections of the MoMA, New York, the Modern Art Museum of Fort Worth, Texas, the Metropolitan Museum of Art, New York, and the Longlati Foundation, Shanghai. She lives and works in New York, Bridgehampton, Long Island and Parma in Italy. Co-founded by David Su and Zihao Chen in 2017, Longlati Foundation is a non-profit organization registered in Hong Kong. It aims to contribute to the development of contemporary art in its diversity. Curated by Jenny Chen Jiaying, In the Garden of My Memory runs from 14 September to 25 October on the third floor of Longlati Foundation, 117 Hong Kong Road, Huangpu District, Shanghai, China. The post Marina Adams debuts in Asia appeared first on Daily Tribune......»»
Semiconductor industry having a renaissance — player
Even if unharmed by the onslaught of the Covid-19 pandemic three years ago, the semiconductor industry is fast regaining momentum, and even experiencing a renaissance as proven by a top executive of CIRTEK Electronics Corporation, an independent complete solution provider for subcontract manufacturing of semiconductor devices. In his guest appearance on the DAILY TRIBUNE’s digital show Business Sense, Brian Liu, managing director and CEO of Cirtek Electronics Corp., said the company’s full-year 2022 performance has breached its all-time high performance in 2019. “We reached an all-time high prior to the pandemic in 2019. But because of the effects of Covid-19, world economies closed. Supply chain problems occurred. So, we took a bit of a slowdown during that time frame; 2020 to 2021 was a bit of a slowdown for us,” he said. Renaissance “We do believe that the semiconductor industry is in a renaissance right now where a lot of the supply pool is shifting away from Greater Asia and making its way to Southeast Asia so this should serve as a good tailwind for the semiconductor industry,” he added. According to tradingeconomics.com, semiconductor exports from the Philippines climbed 0.8 percent year-on-year to a seven-month high of $6.70 billion in June 2023, following an upwardly revised 2.4 percent gain in the prior month. Sales grew for electronic products (12.0 percent), other manufactured goods (2.8 percent), ignition wiring sets and other wiring sets used in vehicles, aircraft, and ships (14.6 percent), machinery and transport equipment (11.2 percent), and cathodes and sections of cathodes of refined copper (38.5 percent). By destination, sales increased to China (15.0 percent), Hong Kong (15.9 percent), the US (6.9 percent), the Netherlands (59.4 percent), South Korea (4.4 percent), Malaysia (3.1 percent), and the European Union (23.0 percent). Benefiting from WFH Further, he said the work-from-home arrangements during the pandemic have even generated pent-up demand for chips that they manufacture. “So basically, it is a mix, we keep our portfolio as diversified as possible. But back in the height of the pandemic, radiofrequency and communication chip sets comprised a large volume of our production because of the demand for work-from-home hybrid spaces. This prompted a lot of demand for higher bandwidth and connectivity,” he said. “Some of these chipsets go to the laptops that we work on so as you know demand for laptops also surged during work-from-home setups, and right now we’re seeing an industrial revolution where a lot of traditionally mechanical devices are being electrified,” he added. AI’s help As contentions about artificial intelligence or AI grow in various parts of the world, Liu said AI is beneficial to his industry in terms of improving their production. “Now we are seeing a new need for a new sub-segment such as artificial intelligence to power new automation and new devices through this automated way of machines learning and doing things on their own. This has created new device families as well, especially in the processing space and the hybrid system and packages. We are talking about multi-function chip sets being consolidated into one system. Hence a new product family is being derived,” he explained. Liu maintained that the semiconductor industry will remain a very crucial part of everybody’s lives, seeing that semiconductors comprise the very impetus of technology itself. “So, any gadget, any device, or any equipment would not be able to function without the aid of semiconductors, and because of the continuous evolution of technology and new innovations being created, this catalyzes new semiconductor device families to be continuously created, and that’s why I do believe that semiconductors play a crucial role as the building block of technology itself,” according to Liu. The Cirtek Group harnesses more than 29 years of expertise in the assembly and testing segment of the semiconductor industry and has been accredited and certified by several international quality institutions for the latest quality system standards. Beginning with just three customers in 1984, the company through its subsidiaries has significantly grown its customer base to 42 at present. “We are an independent Filipino semiconductor company, located at the Heart of Laguna Techno Park. Basically, we maintain a very highly diversified portfolio, so we do semiconductors for RF and communications, industrials, aerospace, consumer, system, and packages, and automotive as well,” Liu stated. The post Semiconductor industry having a renaissance — player appeared first on Daily Tribune......»»
India, Malaysia bristle over territorial grab
India has dismissed China’s new standard map that claims disputed territories between the two countries as its own. “Putting out a map does not mean anything,” said India’s External Affairs Minister S. Jaishankar. “These territories are very much a part of India. Jaishankar said China had issued such maps in the past, and that “making absurd claims does not make other people’s territories yours.” The map showed the India-administered northeastern state of Arunachal Pradesh and the disputed Aksai Chin region as part of China. It also expanded Beijing’s claim to territories belonging to the Philippines in those parts of the South China Sea that overlap with the West Philippine Sea (see related story). Like the Philippines and Malaysia, India lodged a strong protest with China over the map, calling the claims “without basis.” Bilateral relations between India and China have been strained in recent years, due to several territorial disputes. In 2020, a border clash between Indian and Chinese troops in the Ladakh region left 20 Indian and four Chinese soldiers dead. China renamed 11 locations in Arunachal Pradesh, which India considers its territory, in April 2023. In response, India renamed ten locations in the region. The two countries have held several military talks to de-escalate tensions along the border, but no major breakthrough has been achieved. Malaysia, too Malaysia, on Wednesday, also rejected China’s new map of the South China Sea, through which trillions of dollars in trade pass annually. Malaysia, the Philippines, Vietnam and Brunei have overlapping claims in parts of the sea, while the United States regularly sails its naval vessels through it to assert freedom of navigation in international waters. “Malaysia does not recognize China’s claims in the South China Sea, as outlined in the China Standard Map 2023 Edition which covers Malaysia’s maritime area,” its foreign ministry said in a statement. Describing the South China Sea issue as “complex and sensitive,” Kuala Lumpur said the dispute must be “handled peacefully and rationally through dialogue” based on international law. Malaysia also said it supports the creation of a Code of Conduct for the sea, which Southeast Asian nations are currently negotiating. Kuala Lumpur summoned Beijing’s envoy in 2021 after Chinese vessels entered its exclusive economic zone. Malaysia said the South China Sea area it claims north of Borneo Island — including five maritime features in the Spratly Islands chain — falls within that zone. In recent years, China has ramped up its development of artificial islands, outfitting some with military facilities and runways. Other Southeast Asian nations like the Philippines have also accused Chinese vessels of harassing their fishing boats. With AFP The post India, Malaysia bristle over territorial grab appeared first on Daily Tribune......»»
‘I miss the sun’: Journalist detained in China issues rare message
Jailed Chinese-Australian journalist Cheng Lei has described the bleak conditions she faces in detention in a rare public message released on Thursday ahead of the third anniversary of her imprisonment by Beijing. "I miss the sun," reads the message, described as a "love letter" to Australia dictated to officials on a consular visit. "In my cell, the sunlight shines through the window but I can stand in it for only 10 hours a year." The message was shared with Australian news outlets and on the social media platform X by Cheng's partner, Nick Coyle, on Thursday evening. Cheng, a former anchor for Chinese state broadcaster CGTN, is formally charged with "supplying state secrets overseas", though no further details have been supplied. Her detention came as relations between Australia and China cratered, raising speculation it was politically motivated. Last year Coyle said he had serious concerns about a "range of health issues" Cheng faced behind bars. In Thursday's poignant message, the mother of two said she hadn't seen a tree in three years and spoke of her longing for Australia and the outside world. She said her bedding in jail was only taken out to air once a year. "When it came back last time, I wrapped myself in the doona (quilt) and pretended I was being hugged by family under the sun," the message read. "Most of all I miss my children," it ended. Cheng has been detained since August 2020 but was only formally arrested in February 2021. She was tried last March behind closed doors, with even Australia's ambassador to China blocked from entering the court to observe proceedings. The court deferred the verdict and Cheng's sentence, which could extend to life in prison. "She has missed her daughter going to high school. Her parents aren't getting any younger and Lei is their only child. So time is getting more and more precious," the Sydney Morning Herald quoted Coyle as saying on Thursday. Last month Australia's foreign minister said she had again raised Cheng's case when she met China's top diplomat Wang Yi on the sidelines of an ASEAN summit in Jakarta. Ties between the two sides have been improving since the election of Australia's center-left Labor government in May last year. Last week, China announced it was removing extra tariffs on Australian barley imposed in 2020 at the height of the dispute. The post ‘I miss the sun’: Journalist detained in China issues rare message appeared first on Daily Tribune......»»
Cyber education, a must
“Digitalization is the call of today, not the call of the future, but of the present. It is here. It is needed, and it is needed today.” President Ferdinand Marcos Jr. highlighted in his second SoNA his administration’s agenda for all government agencies and local government units to digitalize all their services. He called for the digitalization of payments, business registrations, issuances of permits and licenses, loan applications and revenue collections. The digitalization efforts, he stated, should be made to streamline processes for ease of doing business, combat corruption and make decisions in a data-driven and science-based manner. I commend this push for e-governance and e-commerce by the President. He is right. The digital age is upon us and we must invest in digital technology and infrastructure for our economy to be globally competitive. Cyber Education Law However, the very basic foundation needed for the government’s digitalization efforts should be the investment in human capital. We know that our labor is the country’s biggest asset and the factor that keeps our economy afloat. We export labor, remittances flow, and these in turn fund local consumption. That is why there is an urgent need for us to legislate the incorporation of cyber-education among our population and we must start with our basic education. Investing in cyber-education is not a novel idea. It is a model of development in many advanced countries. As the World Economic Forum or WEF found out in a study, countries like Israel (which currently ranks 8th in the Cyber Risk Literacy and Education Index) show that cyber-risk education and connected institutions can contribute significantly to the national economy by producing more jobs and greater innovation. It concluded that cyber-investment in human resources, i.e., prioritizing cybersecurity education earlier than most and regular assessment of cyber-risk literacy of children and youth at key points in their development and education, is an investment for the future and has been found to have led to a wealth of cyber-related innovation and economic growth among top-ranking countries. The UK, Australia, Canada, Singapore, South Korea, Japan, Germany, France, and, recently, China, are also investing heavily in cybersecurity education. These countries recognize that cybersecurity education is essential to protecting the digital economy and both public and private digital infrastructure from cybercrimes and cyberattacks. As the world becomes increasingly interconnected, the need for cybersecurity education will only grow. Digitalization will positively impact Filipinos’ lives but concomitant negative issues have emerged related to Internet use. Some of the most common cybersecurity crimes and offenses in the world today continue to emerge and develop, some of which President Marcos Jr. mentioned in his speech, such as identity theft, phishing and other online scams. Current statistics also show the vulnerability of Filipino children in the digital space. A recent study claimed the Philippines is a global hotspot for Online Sexual Abuse and Exploitation of Children or OSAEC. A sharp increase in possible OSAEC cases has been recorded by the National Center for Missing and Exploited Children, from 1.34 million in 2020 to 3.19 million in 2021, the second highest in the world behind India. In 2018, the Department of Justice Office of Cybercrime received 579,006 cyber tips on the online sharing, re-sharing, and selling of child sexual abuse images and videos. According to the study, sexual exploitation negatively impacts cognitive functioning, as well as mental health, including post-traumatic stress disorder and depression; and across the life course, it can negatively impact the physical, psychological, social, educative and economic well-being of children victims. The foregoing examples are just among the many important reasons to introduce cybersecurity education in the K-12 system. We must educate users of technology, especially children, on the potential risks they face when using internet communication tools, such as social media, chat, online gaming, email and instant messaging, to cultivate cybersecurity awareness at the primary school level. Verily, investing in cybersecurity awareness among the young population will have several positive impacts on the Philippine economy and quality of life. The post Cyber education, a must appeared first on Daily Tribune......»»
Garland denies Hunter Biden probe being interfered with
US Attorney General Merrick Garland on Friday denied allegations that the Justice Department interfered with an investigation of President Joe Biden’s son, Hunter. Prosecutors announced earlier this week that Hunter Biden had reached a plea deal on minor tax and gun charges with the US Attorney in his home state of Delaware. Hunter Biden is due to appear in court on 26 July after agreeing to plead guilty to two federal tax charges and admitting to illegally possessing a gun despite having a history of drug use. A whistleblower from the Internal Revenue Service alleged in testimony before the Republican-led House Ways and Means Committee released this week that the Justice Department headed by Garland had slowed the probe into Hunter Biden. Garland, in remarks to reporters on Friday, noted that the US Attorney in Delaware, David Weiss, had been appointed by former President Donald Trump, a Republican. Garland said he personally had given Weiss the authority to continue his investigation into Hunter Biden and “prosecute any way in which he wanted to.” Joe Biden’s son is also facing one count of illegal possession of a firearm. “I don’t know how it would be possible for anybody to block him from bringing a prosecution given that he has this authority,” the attorney general said. “He was given complete authority to make all decisions on his own.” Hunter Biden, 53, is the only surviving child of Joe Biden’s first marriage, which tragically ended in 1972 when his wife and baby daughter were killed in a car accident. Hunter Biden’s business dealings, especially during the time his father was vice president, have been a major target of Joe Biden’s political opponents, and continue to be probed by congressional Republicans. Hunter Biden became a regular focus of Trump’s attacks ahead of the November 2020 presidential election for his work in Ukraine and China. In his memoir, “Beautiful Things,” Hunter Biden insisted he has never done anything unethical and dismissed allegations that he displayed a lack of judgment by accepting a lucrative position on the board of Ukrainian energy company Burisma while his father was Barack Obama’s vice president. Under the plea agreement, Hunter Biden is unlikely to face prison time but will be sentenced to probation. According to the charges, Hunter Biden, a Yale-trained lawyer and lobbyist, failed to file his tax returns on time on earnings of more than $1.5 million for 2017 and 2018. In both years, he owed more than $100,000 in taxes on those earnings. Hunter Biden is also facing one count of “possession of a firearm by a person who is an unlawful user of or addicted to a controlled substance.” Hunter Biden has admitted having drug problems in the past and detailed his struggles with crack cocaine in his 2021 memoir, released months after his father took office. Hunter Biden and his wife attended a state dinner at the White House on Thursday for Indian Prime Minister Narendra Modi. Asked about his attendance at the event, White House Press Secretary Karine Jean-Pierre said “it is not uncommon for family members to attend events at the White House.” The post Garland denies Hunter Biden probe being interfered with appeared first on Daily Tribune......»»
Bamboo fibers mass production up
The Philippine Textile Research Institute will be building more bamboo textile fiber innovation hubs to further boost the production of local yarns. The new hubs will rise in the provinces of Quezon, Agusan del Sur, Agusan del Norte, Antique, Pangasinan, Rizal, Abra, Mindoro and Bukidnon in the next three years. Currently, bamboo textile fiber innovation hubs are present in La Union, Isabela and Cavite. “We have very few spindles (a few hundred) devoted to yarn manufacturing. Although garments are up, it is hugely dependent on imported yarns or fabrics,” Dr. Julius Leaño Jr. told the Daily Tribune on Monday. According to global market researcher Statista, the Philippines manufactured garments worth P44.6 billion last year, higher than the P40.8 billion in 2021 and the P32.9 billion in 2020. Major bamboo exporter The Philippines is the world’s sixth largest bamboo exporter, with a planting area of 53,000 hectares, according to the Department of Science and Technology. “The institute will sustain efforts in providing for innovations hubs and capacity building through training, among others,” Leaño said. While bamboo is relatively abundant in the country, Leaño said transforming the raw material into fabrics requires skilled workers and an efficient value supply chain. “The textile industry is a very extensive chain of production from fibers to yarns to fabrics to end uses like garments. Our production is very limited but weaving, knitting and textile finishing has a few more mills operating (less than 20).” In a forum with the German-Philippine Chamber of Commerce and Industry Inc. last week, National Economic and Development Authority Secretary Arsenio Balisacan said the government is expanding apprenticeship programs and investments in technical and vocational education to revive the local textile industry. Global data show China, the European Union and India were the top textile producers in 2021. Balisacan said efforts to grow the local textile industry are part of the Philippine Development Plan 2023-2028. The post Bamboo fibers mass production up appeared first on Daily Tribune......»»
Air travel to soar near record in 2023: industry group
Airlines will fly 4.35 billion passengers this year, close to the 2019 record as the industry bounces back from the Covid pandemic, an industry group said on Monday. The sector will also be back in the green, with net profits forecast to reach $9.8 billion in 2023, or double previous estimates, boosted by the end of China's Covid restrictions, according to the International Air Transport Association. The association added that its 2022 losses were half as bad as previously estimated at $3.6 billion. "Airline financial performance in 2023 is beating expectations," IATA director general Willie Walsh said in a statement during the association's annual general meeting in Istanbul. "Stronger profitability is supported by several positive developments. China lifted Covid-19 restrictions earlier in the year than anticipated," Walsh said. While jet fuel prices remain high, they have moderated over the first half of the year, he added. Inflation surged worldwide as Russia's invasion of Ukraine in February 2022 sent energy costs soaring, but oil and natural gas prices have fallen since then. "On the cost side, there is some relief," Walsh said. "Economic uncertainties have not dampened the desire to travel, even as ticket prices absorbed elevated fuel costs," he added. The pandemic devastated the airline industry, which lost $137 billion when countries imposed lockdowns and closed borders in 2020. The sector lost another $42 billion in 2021 and was still in the red last year as China, a major market, continued to enforce Covid restrictions that were finally lifted in December. The post Air travel to soar near record in 2023: industry group appeared first on Daily Tribune......»»
G in NGCP: Grid or Greed?
There’s a news article that came out in a national broadsheet entitled “Why, the NGCP executive wonders, did making money become so ‘demonized’? It was quoting the ‘sentiment’ of National Grid Corporation of the Philippines assistant vice president Cynthia Alabanza after her appearance in the Senate Committee on Energy chaired by Senator Raffy Tulfo.” Apparently, Senator Tulfo pounded the NGCP executives on its huge profits for its investors (State Grid of China, Henry Sy Jr., and Robert Coyuito, Jr.) and giving a very high percentage of its net income as dividends (return on equity of about 36 percent and a dividend payout of about 90 percent) leaving little for reinvestments. Do the senators have the basis to “demonized” the way NGCP makes money? Consider the following facts: In the Year 2015, the cash dividends declared and paid to NGCP shareholders amounts to P21 billion while the total electricity consumption for the same year is at 82.413 billion kilowatt hours. With that as a benchmark, it shows that NGCP shareholders directly pocket about P0.25 per kwh consumed by the public or 25 percent of the whole transmission charge collected (for P1.00 transmission charge per kilowatt hour). Despite these multi-billion pesos yearly cash dividend payout among the three owners, Filipino consumers still suffer from blackouts and delays in more than a dozen of projects, including the Visayas Mindanao Interconnection Project. The senators found out too that NGCP has been allowed to collect transmission charges from projects that have not been completed yet when ERC during the time of Chairman Agnes Devanadera authorized NGCP to increase its income ceiling from P43 billion in 2019 to P47.1 billion in 2020. While other corporations in the energy sector are subjected to the usual tax and are facing competition, Republic Act 9511 or the NGCP Franchise Law granted NGCP exemption from income tax and any and all taxes, duties, fees, and charges of any kind, in lieu of the 3 percent franchise tax. What that meant in practical terms is that the national government is foregoing about P7 billion to P10 billion in annual tax revenues. Consider the following matrix: In the years 2007 and 2008 when TransCo was operating the transmission grid, it paid the national government a total amount of taxes worth almost P19 billion. In the years 2010 and 2011 when NGCP took over TransCo in the operations of the transmission business, it paid the total amount of taxes in the amount of only P4.45 billion. A difference of about P14.55 billion in 2 years! Moreover, the NGCP franchise law had the effect of exempting NGCP from taxes that had nothing to do with the operations, maintenance, and development of the transmission grid. (Per BIR Ruling No. 019-2009 dated 14 October 2009) These include the following: The 20 percent Final Withholding Tax or FWT on interest income is derived from Philippine currency bank deposits and yields from deposit substitutes, trust funds, and similar arrangements derived from sources within the Philippines; The 7 ½ percent FWT on interest income, and yield from deposit substitutes, trust funds, similar arrangements, and other transactions with Offshore Banking Units and depository banks under the expanded foreign currency deposit system; and The documentary stamp tax imposed under Sections 179 and 180 of the Tax Reform Act of 1997, on those deposits, deposit substitutes, trust funds, and similar instruments. While TransCo, a government-owned and controlled corporation, is subjected to ALL taxes imposed by the national government up to this date, NGCP was granted exemption from ALL taxes (save for the 3 percent franchise tax) including interest income on all kinds of deposits and yields on such deposits. All of these are taken together in the context of the national government granting a private entity the monopoly of the national transmission business which is now earning a gross income of more than P44 billion annually, and that has declared and paid a total cash dividend to its shareholders of about P230.8 billion from 2009 to 2021, these exemptions are truly excessive and unconscionable. The post G in NGCP: Grid or Greed? appeared first on Daily Tribune......»»
FDI inflow clocks highest since 2019
Foreign direct investments brought in more money to the Philippines in February primarily due to a rise in funding for debt instruments during that period, the Bangko Sentral ng Pilipinas said on Wednesday. Preliminary data from BSP showed that FDI yielded net inflows worth $1.047 billion in February this year, a 13 percent increase from the $926 million recorded in February 2022. It exceeded the $448 million recorded in January. The latest figure is the highest in 15 months, with the last highest recorded net inflows being $1.263 billion in November 2022. FDIs can take the form of equity capital, reinvestment of earnings, or borrowings. “The increase in FDI was due to higher non-residents’ net investments in debt instruments, notwithstanding lower net equity capital placements and reinvestment of earnings,” the BSP said. Equity capital placements According to the BSP, most of the equity capital placements during the period were from Japan, the United States, and the Cayman Islands. The bulk of these investments were allocated to manufacturing, real estate, electricity, gas steam and air conditioning supply, as well as financial and insurance industries. However, the year-to-date FDI net inflows amounted to $1.5 billion, 14.6 percent lower than the US$1.8 billion net inflows posted in the first two months of 2022. “All major FDI components yielded lower net inflows as foreign investors remained cautious amid persistent and broadening global inflation,” the BSP said. In an emailed commentary, Rizal Commercial Banking Corp. chief economist Michael Ricafort said that the net inflows of FDI in February were one of the highest since the pandemic began. Further reopening of economy He attributed this to the economy’s further reopening towards greater normalcy and the absence of Covid-19 restrictions compared to 2020 and 2021. Ricafort also commented that net FDI might increase further in the coming months due to the investment commitments obtained by the Marcos administration during overseas trips in recent months. “The latest investment commitments after the administration’s official visit to the United States in May 2023 ($1.7 billion); state visit to Japan in early February 2023 with about $13 billion; investment commitments worth about $24.2 billion during President Marcos’ visit to China in early January 2023; these could lead to more US dollar/foreign currency inflows, especially in the form of FDI into the country, at the very least; though still wait-and-see for the actual investments to be made into the country in the coming months,” Ricafort said. “These are on top of the earlier investment commitments estimated from foreign investors after the new administration’s recent visits to the World Economic Forum, Belgium ($2.2 billion), Thailand ($4.6 billion), Indonesia ($8.4 billion), Singapore ($6.5 billion), and the US ($3.9 billion; the administration’s first US visit in September 2022); yet to see if these would also translate to actual investments/FDI into the country,” he added. The post FDI inflow clocks highest since 2019 appeared first on Daily Tribune......»»
China approves coal power surge despite emissions pledge: Greenpeace
China has approved a major surge in coal power so far this year, prioritizing energy supply over its pledge to reduce emissions from fossil fuels, Greenpeace said Monday. The world's second-largest economy is also its biggest emitter of the greenhouse gases driving climate change, such as carbon dioxide (CO2), and China's emissions pledges are seen as essential to keeping global temperature rise well below two degrees Celsius. The jump in approvals for coal-fired power plants, however, has fueled concerns that China will backtrack on its goals to peak emissions between 2026 and 2030 and become carbon-neutral by 2060. Local governments in energy-hungry Chinese provinces approved at least 20.45 gigawatts of coal-fired power in the first three months of 2023, Greenpeace said. That is more than double the 8.63 GW Greenpeace reported for the same period last year, and greater than the 18.55 GW that got the green light for the whole of 2021. China relied on coal for nearly 60 percent of its electricity last year. The push for more coal plants "risks climate disasters... and locking us into a high-carbon pathway," Greenpeace campaigner Xie Wenwen said. "The 2022 coal boom has clearly continued into this year." A study released in February by Global Energy Monitor (GEM) said China last year approved the largest expansion of coal-fired power plants since 2015. Vicious cycle Most of the new coal projects approved in the January-March period this year were in provinces that have suffered punishing power shortages due to record heatwaves in the last two years, Greenpeace said. Several others were in southwest China, where a record drought last year slashed hydropower output and forced factories to shut down. It was unclear how many of the coal power plants approved this year will begin construction. Greenpeace analysts warned that investing in more fossil-fuel plants to prepare for the spike in air conditioning will create a vicious cycle: increased greenhouse gas emissions from the coal plants will accelerate climate change, resulting in more frequent extreme weather such as heat waves. "China's power sector can still peak emissions by 2025," Greenpeace's Xie said, but added that emissions released today will linger in the atmosphere for decades. China is also the world's largest and fastest-growing producer of renewable energy. Wind, solar, hydro and nuclear sources are expected to supply a third of its electricity demand by 2025, up from 28.8 per cent in 2020, according to estimates by the National Energy Administration. But Greenpeace said the rise in approvals for coal power projects shows how the need for short-term economic growth is diverting investment away from renewable energy projects such as grid upgrades that can supply surplus wind and solar power to regions that need it. With an average lifespan of about 40 to 50 years, China's coal plants will be operating at minimum capacity and at a loss if the country delivers on its emissions pledge, according to the report. The China Electricity Council said more than half of the country's large coal-fired power companies made losses in the first half of 2022. The post China approves coal power surge despite emissions pledge: Greenpeace appeared first on Daily Tribune......»»
Huawei Releases White Paper on Innovation and Intellectual Property 2020
Shenzhen, China -- Huawei released a new white paper on innovation and intellectual property, at the Forum on Innovation and IP Prospects in 2021 and Beyond held at the company's Shenzhen headquarters. .....»»
Abra Mining investors turning up the heat on SEC and PSE to resolve unlisted shares issue
Shareholders of Abra Mining, together with stockbroker Victor Dominquez, are seeking a Congressional inquiry into “the alleged failure of the SEC and PSE to formalize charges against the executives of Abra Mining...” for their role AR’s sale of shares which were unlisted and unregistered during the “basura” (garbage) stock frenzy that heated up in late 2020 and overboiled in early 2021......»»
China 'Pushes the Boundaries' with its expanding borders
Beijing [China], February 13 (ANI): In late 2021, Chairman Xi Jinping famously told President Joe Biden, "Aggression or hegemony is not in the blood of the Chinese nation. Since the founding of the people's republic, China has never started a single war or conflict, and has never taken one inch of land from other countries." However, such a claim is demonstrably false, as China recklessly pushes forward its boundaries on.....»»
China 'Pushes the Boundaries' with its expanding borders
Beijing [China], February 13 (ANI): In late 2021, Chairman Xi Jinping famously told President Joe Biden, "Aggression or hegemony is not in the blood of the Chinese nation. Since the founding of the people's republic, China has never started a single war or conflict, and has never taken one inch of land from other countries." However, such a claim is demonstrably false, as China recklessly pushes forward its boundaries on.....»»
Philippine s population projected to reach around 138.67 mln by 2055
MANILA, Feb. 1 (Xinhua) -- The Philippine population is projected to reach 138.67 million by 2055, assuming that the total fertility rate (TFR) of 1.9 children per woman in 2021 will be sustained until 2055, according to a Philippine Statistics Authority (PSA) study released Wednesday night. The statistics agency based its projections on the 2020 census-based national population using three TFR scenarios. Total.....»»