PSC to build bigger, better PH sports museum
It all started as a roadshow, where a few personal mementos of sporting heroes were put on display during the Philippine Sports Commission-organized events like Batang Pinoy and the Philippine National Games......»»
Zubiri: Coral destruction in WPS a global food security threat
The destruction of the marine ecosystem in the West Philippine Sea, particularly in the Escoda (Sabina) and Rozul (Iroquois) Reefs, threatens global food security, Senate President Juan Miguel “Migz” Zubiri warned. “This is a wanton destruction of our future food security areas. I am really angry with what they are doing,” Zubiri said in a statement. He made the comment following the report of the Armed Forces of the Philippines Western Command of missing and destroyed corals along Rozul Reef. The discovery of damaged corals came after the sightings of Chinese maritime militia vessels in the area. The report was confirmed by the Philippine Coast Guard, which found similar observations on the seabed of Escoda Reef, also in the West Philippine Sea. According to Zubiri, the destruction of marine ecosystems will have global consequences. “This is not a destruction only on the Philippine side, but for the whole world. It’s for the whole world because the species of fish that breed there are not only being harvested by Filipino fishermen, but also harvested by Malaysian fishermen, Vietnamese fishermen, even Chinese fishermen,” he pointed out. “So it is for the good of the world if our coral reefs are protected. That’s why I’m really very mad,” he added. He also made an appeal to the Chinese Embassy in Manila to “tell their militia vessels to put a stop on this wanton destruction.” ‘Marine ranger stations’ To safeguard the country’s marine resources in the West Philippine Sea, the Senate chief said the upper chamber would propose a P600 million budget to build marine ranger stations across the country. “We agreed to it already. We already spoke to Senator Sonny Angara. The P600 million is to build marine ranger stations in different parts of the Philippines, including the West Philippine Sea,” he said. He noted that the upper chamber is working closely with the Department of the Environment and Natural Resources in setting up marine ranger stations in key coastal areas nationwide. Aside from budget allocations for the establishment of marine ranger stations, Zubiri also vowed to fight for bigger allotments for the Philippine Coast Guard and the Philippine Navy in the national budget for 2024 to boost their capabilities to protect and monitor the country’s maritime zones. “This budget is a critical budget. This is the time that we have to put our money where our mouth is. This is the time that we need to increase the budget for ships, patrol crafts, and marine research centers,” he said. Under the proposed P5.768-trillion National Expenditure Plan for 2024, the PCG has been allocated with P24.014 billion, an increase of nearly 10 percent from its allotment of P21.92 billion this year. On the other hand, P40.97 billion has been set aside for the Navy, up from its current budget of P34.98 billion. The post Zubiri: Coral destruction in WPS a global food security threat appeared first on Daily Tribune......»»
Trump says his problem with Biden is competence, not age
Joe Biden, America's oldest president, received support from an unexpected ally over his age: Donald Trump said the Democrat was "not too old" to seek a second term, while quickly adding: "I think he's incompetent." The former president's comments, made in an interview with NBC's "Meet the Press" to be aired Sunday, come as America faces a profound debate over the aging of its political class, a major factor ahead of the 2024 elections -- when Biden will be just shy of 82 and Trump himself 78. Polls show that while the age gap between the two men is small, Americans worry more about Biden's age, with one survey finding that three in four people doubt his ability to last a second term. That Trump ended his own term in office as the second-oldest president ever (Ronald Reagan was 77 at the end of his term) presents the real estate magnate with a challenge, however, in repeatedly portraying Biden as too "sleepy" to do the job. But that hasn't stopped the Republican, who would be 82 at the end of a second term, from trying to thread that needle. "Some of the greatest world leaders have been in their 80s," he told NBC. "I'm not anywhere very near 80, by the way. "And Biden's not too old," Trump added. "But I think he's incompetent, and that's a bigger problem." Biden, who overcame a stuttering problem as a youth, has often been mocked for his verbal stumbles. But he remains trim, physically active, does not drink and is often seen riding his bicycle during weekends at his Delaware home. Democrats say he also fares well on the competency front, having overseen the passage of major legislation, including a massive infrastructure bill, the largest gun-safety bill in decades, and the Build Back Better social spending program. Biden has also been active on the global stage. Indeed, during his just-ended trip to Vietnam -- which analysts say was staged partly to highlight his vigor -- that country's 79-year-old Communist leader smilingly complimented Biden on his relative youth. Trump, for his part, has gotten mostly positive marks during annual physicals -- though he has been classed as overweight and does no exercise other than golf. Like Biden, he does not drink. Trump, too, has had his share of bizarre verbal moments, mangled pronunciations and physical stumbles. But in the NBC interview, he said his own age does not concern him, noting that his parents had long lives. "So genetically, that's a good thing." His insistence on his own competency was ridiculed during the 2020 presidential campaign when Trump said he had scored an "amazing" result on what he said was a test of mental acuity. He said he had to remember, in order, these words: "Person, woman, man, camera, TV." His proud and repeated recitation of those five words was ridiculed by political rivals and went viral on social media. Still, in an apparent reference to that test made in the NBC interview, Trump said, "I aced it. I got everything right." The post Trump says his problem with Biden is competence, not age appeared first on Daily Tribune......»»
Trump says his problem with Biden is competence, not age
Joe Biden, America's oldest president, received support from an unexpected ally over his age: Donald Trump said the Democrat was "not too old" to seek a second term, while quickly adding: "I think he's incompetent." The former president's comments, made in an interview with NBC's "Meet the Press" to be aired Sunday, come as America faces a profound debate over the aging of its political class, a major factor ahead of the 2024 elections -- when Biden will be just shy of 82 and Trump himself 78. Polls show that while the age gap between the two men is small, Americans worry more about Biden's age, with one survey finding that three in four people doubt his ability to last a second term. That Trump ended his own term in office as the second-oldest president ever (Ronald Reagan was 77 at the end of his term) presents the real estate magnate with a challenge, however, in repeatedly portraying Biden as too "sleepy" to do the job. But that hasn't stopped the Republican, who would be 82 at the end of a second term, from trying to thread that needle. "Some of the greatest world leaders have been in their 80s," he told NBC. "I'm not anywhere very near 80, by the way. "And Biden's not too old," Trump added. "But I think he's incompetent, and that's a bigger problem." Biden, who overcame a stuttering problem as a youth, has often been mocked for his verbal stumbles. But he remains trim, physically active, does not drink and is often seen riding his bicycle during weekends at his Delaware home. Democrats say he also fares well on the competency front, having overseen the passage of major legislation, including a massive infrastructure bill, the largest gun-safety bill in decades, and the Build Back Better social spending program. Biden has also been active on the global stage. Indeed, during his just-ended trip to Vietnam -- which analysts say was staged partly to highlight his vigor -- that country's 79-year-old Communist leader smilingly complimented Biden on his relative youth. Trump, for his part, has gotten mostly positive marks during annual physicals -- though he has been classed as overweight and does no exercise other than golf. Like Biden, he does not drink. Trump, too, has had his share of bizarre verbal moments, mangled pronunciations and physical stumbles. But in the NBC interview, he said his own age does not concern him, noting that his parents had long lives. "So genetically, that's a good thing." His insistence on his own competency was ridiculed during the 2020 presidential campaign when Trump said he had scored an "amazing" result on what he said was a test of mental acuity. He said he had to remember, in order, these words: "Person, woman, man, camera, TV." His proud and repeated recitation of those five words was ridiculed by political rivals and went viral on social media. Still, in an apparent reference to that test made in the NBC interview, Trump said, "I aced it. I got everything right." The post Trump says his problem with Biden is competence, not age appeared first on Daily Tribune......»»
Credit card literacy revs up as use rises
The Credit Information Corporation continues its campaign for wise and safe use of credit cards as more Filipinos shift to cashless payments. CIC, along with the Credit Card Association of the Philippines, or CCAP, will hold the “Swipesmart” free webinar on 31 August on their Facebook page from 9 a.m. to 11 a.m. CIC on its website announced the webinar will discuss the responsible use of credit cards to build a good credit rating for easier access to loans and cybersecurity for prevention of financial theft. CCAP executive director Alex Ilagan said cases of credit card fraud have risen by 21 percent in 2021 amid the pandemic as interactions were conducted through remote technology. During this period, Visa Philippines said more Filipinos or 52 percent preferred online credit card payments while 44 percent chose card payments at physical stores. Rise in cards use inevitable CCAP expects more Filipinos to use credit cards as the Philippine Statistics Authority projected more income earners in the country with a 1.52 percent population growth each year and more businesses both online and physical open post-pandemic. Currently, 64 percent of the population own credit cards, CCAP reported. “As the economy continues to reopen and becomes more robust, pent-up demand for consumer goods and services will persist, feeding into the growth of the e-commerce, retail and services, travel and tourism, automotive, and housing sectors, among others,” Ilagan said. “A credit card is one way to extend your purchasing power,” he continued. Credit cards are used for small to medium purchases. For long-term and bigger purchases, banks strictly evaluate borrowers’ credit card histories submitted by the CIC as required by law. CIC shared it has obtained credit data of 41.8 million individuals as of 30 June 2023. Visit www.creditinfo.gov.ph for the registration link to the webinar. The post Credit card literacy revs up as use rises appeared first on Daily Tribune......»»
Skating out of stress, to feel free
Since the first patent for a roller skate was awarded in 1819 to a certain M. Petibled of Paris, roller skating has gone through a lot of development before evolving into what we know it now as a recreational and competitive sport. While sports such as speed skating, hockey and figure skating have been institutionalized, recreational roller skating has had its time in the spotlight over the years. Then Covid-19 happened in early 2020, and roller skating became popular again as a solo activity. Its resurgence continues post-pandemic for fitness and just for fun. [caption id="attachment_175690" align="aligncenter" width="525"] Skating is good for fitness. | Photographs Courtesy of Chai Timbungco[/caption] Skating to destress Sesilya Rosario Timbungco, nicknamed Chai, started skating using inline skates (meaning the wheels are in a straight line) with her older cousins when she was around seven years old. Then she studied figure skating for two years, starting at age nine, before moving on to other things. In 2020, she picked up inlines again because “ironically, it was safer to be out on the streets because there were almost zero cars” at the height of community lockdowns and social restrictions. “What I like about skating is that it makes me feel good about myself,” she tells DAILY TRIBUNE in an online interview. “It’s also an outlet for me because it allows me to physically destress. From a technical standpoint, I like skating because of the diverse disciplines under its umbrella -- ice skating, dance skating, derby, quad hockey, speed, park, vert, etc.” The 31-year-old skater, who works as an insights community manager at a software company adds, “Skating is good for fitness because it involves the coordination of your entire body, even if it doesn’t seem like it. It’s all about balance, especially when learning your edges! Once you nail the basics, you pretty much won’t forget how to do it — just like riding a bike.” “It’s a good fitness option, but like with all other sports, make sure it is safe for you,” she points out. “Generally, skating is for everyone. But if you have balance issues, are pregnant or have bad hip mobility, it’s best to consult your doctor.” Chai makes it clear that skating is a sport, even if you do it recreationally or as a hobby. “So there will be maintenance expenses,” she says. “If you don’t get any upgrades and sticks with a decent pair, maintenance won’t be that expensive. A good entry-level pair costs around P5,000 to P8,000. There are many other factors to consider, but that’s the base price for entry-level skates.” These days, she usually skates at the basketball court at their home, though she really misses skating outdoors. She considers Bonifacio Global City as one of the friendlier spaces for skating. If she has to go to the rink, she says she only goes to Rolyo Sk8house at the Circuit Makati. Chai is also a co-founder of the Everywhere We Skate PH community on Facebook, whose goal is to “help raise awareness about local roller skating and make skating accessible in all ways, little ways, that we can,” while “bringing in roller skating brands into the local scene.” Chai’s tips in buying your first pair of skates: Measure your feet. Measure in inches and in centimeters. Never ever correlate shoe size with skate size. Skates have to be snug, but not tight. If you’re in between sizes, always choose the bigger size. There will be workarounds to a slightly loose boot, but it’s impossible for you to use skates that are too small Buy good brands, even if it means buying them second hand. That doesn’t mean branded is always good, nope. Make sure you research before buying anything! There are reputable brands that make nice skates that are good enough as second-hands. If that isn’t an option, make sure you buy skates that are within your current skill level. For example, buying an advanced boot is not the best for a beginner who doesn’t have proper foundation yet. Try them out at the rink first (if you can) before deciding on a big purchase like our own skates. Make sure you learn how to read wheel hardness (it’s not hard), as well as the other components of your skates. Other than looking up what to buy, also learn about maintenance and how to make normal adjustments to your skate. When skating for the first time, Chai recommends doing these steps: Bend your knees. “I can’t stress this enough, but bend your knees,” she says emphatically. “It’ll save you from potential nasty falls!” Wear gear. Avoid slopes. “It’s a common misconception that slopes are good for beginners because they’ll help you roll faster. That’s true, but that’s why it’s dangerous for someone who doesn’t know how to stop yet.” Feeling of freedom Roller skating was likewise a childhood hobby for Raqs Regalado, a 39-year-old event manager and costume designer. “But it was during the pandemic that I fell back into it,” she says in another online interview, “Because I found my old pair of skates (that I got at a Japanese thrift shop back in college) while we were trying to Marie Kondo our place during the first few weeks of the lockdown.” Post-pandemic, Raqs can usually be found skating at the Bike Playground or at other indoor rinks around the Metro, and for outdoor skating, at BGC. “What I like about it most is the feeling of freedom it gives me and the friends I’ve made in this hobby,” she points out. “It’s good for fitness because it activates muscles you never even knew existed. Like it’s a whole different muscle group working when you skate.” “There are cheap, generic ones but cheap skates also mean cheaper materials were used,” she adds. “Skates manufactured by bigger, skate-focused brands will always be more expensive than the generic ones, but I think of it as investing on the quality of skates you’re getting. Your safety depends on it.” Raqs truly believes that everybody can skate. “But I wouldn’t force it on someone who does not want to. You have to at least be interested to try it and eventually find happiness in it. Once you find joy in skating, that’s when you start wanting to learn more.” She has found her kindred spirits on Everywhere We Skate PH when it was founded in 2020: “Chai reached out to me and told me about the online skating community they’ve build. Of course, I instantly joined. There were only about 50 members that time. A few months in, and they asked me to be one of the group admins. Now, we have over 10,000 members. We welcome skaters of all levels and skate enthusiasts. Our main goal is to have a safe space for healthy exchanges of skate-related information.” Raqs’ tips in buying your first pair of skates: Assuming that you’ve already tried rental skates at the public rink, and you really liked it and want to get into skating, then start doing your research on the particular skates that have aesthetically caught your attention. Check for materials used, reviews and after-sales services. If you can also determine what type of skating you want to immerse yourself in (such as outdoor cruising, aggressive skating, artistic skating, etc.), that would also be very helpful in choosing your first pair of skates. If you’re skating for the first time, Raqs has these suggestions for you to do: Get safety gear. Watch video tutorials on how to fall safely because knowing how to do so can save you from serious injuries. Remember: You may fall a lot specially as a beginner, but don’t worry, it happens to all of us. The post Skating out of stress, to feel free appeared first on Daily Tribune......»»
Promoting responsible design and Filipino craftsmanship
Security Bank and its long-time community partner, ArteFino, have again joined forces for the 2023 ArteFino Festival. This year's artisanal fair promises a bigger and better experience, bringing nearly 150 brands across categories such as men's and women's fashion, home, jewelry, and accessories, to name a few. ArteFino runs from 24 to 27 August 2023 and returns to The Fifth at Rockwell in Power Plant Mall, Makati City. In line with its commitment to building communities sustainably, Security Bank is also sponsoring ArteFino Maker's Lab: Upcycled Design Challenge 2023 to support the call for Filipino craftsmanship and sustainability, as embodied in this year's theme of "Heritage meets Innovation." "We look forward to another partnership between ArteFino and Security Bank as we celebrate the best of Filipino culture and tradecraft. Security Bank is proud to be Filipino. We are one with ArteFino's advocacy to promote responsible retail, highlighting local products crafted with purpose, impact, and intention. All this is anchored on our commitment to sustainability and our mission to enrich lives, empower businesses, and build communities sustainably," says Tanya Deakin, FVP and head of Corporate Communications and Brand at Security Bank. The ArteFino denim upcycling challenge is an event that showcases Filipinos' creativity, resourcefulness, and innovation through the upcycling of old and used materials. Entries will use 80 percent upcycled materials, with 60 percent coming from denim, wood, scrap fabric, plastic, and paper and 20 percent from other materials. The post Promoting responsible design and Filipino craftsmanship appeared first on Daily Tribune......»»
At Ground Level | Protests to build up in Marcos Jr’s second year
A people’s counter-SONA protest action, noticeably broader and bigger than that of the previous year, presaged bigger and broader protests during Marcos Jr’s second year in Malacañang. The post At Ground Level | Protests to build up in Marcos Jr’s second year appeared first on Bulatlat......»»
Protests to build up in Marcos Jr’s second year
A people’s counter-SONA protest action, noticeably broader and bigger than that of the previous year, presaged bigger and broader protests during Marcos Jr’s second year in Malacañang......»»
What experts want to hear during Marcos’ SONA this month
Economists said they are most interested to hear the plans of President Ferdinand Marcos Jr. on managing inflation, creating more jobs and his assessment of the proposed Maharlika Fund at his second State of the Nation Address on 24 July. “I’m looking forward to his plans on inflation and competitiveness. Inflation is a day-to-day concern of the ordinary Pinoy. You and I feel it,” Economics Prof. Ser Peña-Reyes of the Ateneo de Manila University’s Department told The Daily Tribune. The government aims to curb the rise in prices of goods and services within the inflation range of 2 percent to 4 percent this year. Last month, inflation figured at 5.4 percent, the lowest since June last year. In general, food as a basic need was cheaper as its inflation rate decreased to 6.7 percent in June from 7.4 percent in May. However, prices of certain food items, namely rice, fish and vegetables were up. Being also the agricultural chief, Peña-Reyes said Marcos must inform related industries and consumers of his strategies for boosting agricultural supplies and ensuring their efficient delivery to the markets. He said this should help meet the consumer demand which prevents price hikes. “Farmers and fishermen need to be organized to achieve economies of scale, and also be given access to credit, inputs, technology, and markets to make them competitive.” He added, “We really need to have a coordinated effort, similar to what our ASEAN neighbors are doing, where the entire value chain, from farm to fork, is covered.” Prof. Ramon Clarete of the University of the Philippines (UP) said he is keen on hearing from the president, the progress on clustering of farm lots nationwide as a way to increase agricultural production. “The president should end policies in the Comprehensive Agrarian Reform Law of 1988 or CARP and aggressively express support for cluster farming by small farmers.” This is echoed by Philippine Chamber of Commerce and Industry President George Barcelon, who said the government must consolidate small-scale farmers to achieve the economies of scale or increasing harvests at the lowest cost of production possible, through the use of machines and delivery of group assistance, such as loans and skills training, to farmers cooperatives and associations. “Three hectares of farmland allowed by CARP is small land for families of farmers, unlike in other countries. As we invest in machinery, research and development, the government must also allow bigger land for farmers to encourage productivity.” Barcelon added Marcos should also elaborate on his plan on “rightsizing to lessen bureaucracy and corruption.” Rightsizing ensures government agencies perform more efficiently and achieve certain objectives by implementing one or a combination of measures such as reducing the workforce, reorganizing the management team, or hiring new employees. However, he stressed rightsizing should not be confused with reducing government expenses as “it is more about gaining the most benefits for the government and the public in the soundest way.” According to the World Competitiveness Yearbook by the Switzerland-based Institute of Management Development, the Philippines ranked the lowest in government efficiency among 64 countries at 52nd this year from 48th last year. “Competitiveness is very important because it affects our attractiveness as an investment destination for foreign firms to expand their operations here, which would also affect our labor productivity,” Ateneo Prof. Peña-Reyes said. Aside from these, UP Prof. Clarete said he is awaiting statements from the president, which would indicate his support or disapproval of the proposed Maharlika Fund. Proponents of this fund said it will help increase the financial resources of the government and build more infrastructure projects through proceeds from a mix of investment channels such as stocks and bonds. Capital fund sources will come from the Bangko Sentral ng Pilipinas (BSP), Land Bank of the Philippines, and the Development Bank of the Philippines. “In my view, the country is taking a big risk. Poor governance is a problem and remains to be so,” Clarete warned. “It may not happen in this administration but future administrations with nothing to prove as they only inherit the management of it may create innovative ways of stealing from the fund masked as failed investments.” The post What experts want to hear during Marcos’ SONA this month appeared first on Daily Tribune......»»
What experts want to hear during Marcos’s SONA this month
Economists said they are most interested to hear the plans of President Ferdinand Marcos Jr. on managing inflation, creating more jobs and his assessment of the proposed Maharlika Fund at his second State of the Nation Address on 24 July. “I’m looking forward to his plans on inflation and competitiveness. Inflation is a day-to-day concern of the ordinary Pinoy. You and I feel it,” Economics Prof. Ser Peña-Reyes of the Ateneo de Manila University’s Department told The Daily Tribune. The government aims to curb the rise in prices of goods and services within the inflation range of 2 percent to 4 percent this year. Last month, inflation figured at 5.4 percent, the lowest since June last year. In general, food as a basic need was cheaper as its inflation rate decreased to 6.7 percent in June from 7.4 percent in May. However, prices of certain food items, namely rice, fish and vegetables were up. Being also the agricultural chief, Peña-Reyes said Marcos must inform related industries and consumers of his strategies for boosting agricultural supplies and ensuring their efficient delivery to the markets. He said this should help meet the consumer demand which prevents price hikes. “Farmers and fishermen need to be organized to achieve economies of scale, and also be given access to credit, inputs, technology, and markets to make them competitive.” He added, “We really need to have a coordinated effort, similar to what our ASEAN neighbors are doing, where the entire value chain, from farm to fork, is covered.” Prof. Ramon Clarete of the University of the Philippines (UP) said he is keen on hearing from the president, the progress on clustering of farm lots nationwide as a way to increase agricultural production. “The president should end policies in the Comprehensive Agrarian Reform Law of 1988 or CARP and aggressively express support for cluster farming by small farmers.” This is echoed by Philippine Chamber of Commerce and Industry President George Barcelon, who said the government must consolidate small-scale farmers to achieve the economies of scale or increasing harvests at the lowest cost of production possible, through the use of machines and delivery of group assistance, such as loans and skills training, to farmers cooperatives and associations. “Three hectares of farmland allowed by CARP is small land for families of farmers, unlike in other countries. As we invest in machinery, research and development, the government must also allow bigger land for farmers to encourage productivity.” Barcelon added Marcos should also elaborate on his plan on “rightsizing to lessen bureaucracy and corruption.” Rightsizing ensures government agencies perform more efficiently and achieve certain objectives by implementing one or a combination of measures such as reducing the workforce, reorganizing the management team, or hiring new employees. However, he stressed rightsizing should not be confused with reducing government expenses as “it is more about gaining the most benefits for the government and the public in the soundest way.” According to the World Competitiveness Yearbook by the Switzerland-based Institute of Management Development, the Philippines ranked the lowest in government efficiency among 64 countries at 52nd this year from 48th last year. “Competitiveness is very important because it affects our attractiveness as an investment destination for foreign firms to expand their operations here, which would also affect our labor productivity,” Ateneo Prof. Peña-Reyes said. Aside from these, UP Prof. Clarete said he is awaiting statements from the president, which would indicate his support or disapproval of the proposed Maharlika Fund. Proponents of this fund said it will help increase the financial resources of the government and build more infrastructure projects through proceeds from a mix of investment channels such as stocks and bonds. Capital fund sources will come from the Bangko Sentral ng Pilipinas (BSP), Land Bank of the Philippines, and the Development Bank of the Philippines. “In my view, the country is taking a big risk. Poor governance is a problem and remains to be so,” Clarete warned. “It may not happen in this administration but future administrations with nothing to prove as they only inherit the management of it may create innovative ways of stealing from the fund masked as failed investments.” The post What experts want to hear during Marcos’s SONA this month appeared first on Daily Tribune......»»
United House gets things done
As the 19th Congress convened on 25 July 2022, then newly-elected House Speaker Ferdinand Martin G. Romualdez immediately saw the need for quick delivery of government services to help the country and our people recover from the ravages of the coronavirus pandemic. Romualdez stressed that the key to achieving this daunting task is for everyone to pull together — and that is what he set himself to do and the impressive performance the House for the First Regular Session of the 19th Congress indicated the wisdom of the path he has chosen. When the House adjourned sine die on 2 June 2023, it managed to approve 33 out of 42 bills listed as priority measures of President Ferdinand Marcos Jr. and the Legislative-Executive Development Advisory Council. Moreover, through Romualdez’s stewardship, the bigger chamber was able to process a total of 9,600 measures consisting of 8,490 House bills, 1,109 resolutions, and one petition, with 577 bills approved on third reading. This means the House processed 30 measures per session day, or 10 percent higher than the previous Congress for the same period. In his speech at the House plenary just before the sine die adjournment of the First Regular Session of the 19th Congress recently, Romualdez credited the hard work of the House members for the past 10 months, which helped shape the successes achieved by the legislature in line with President Ferdinand Marcos Jr.’s socio-economic development agenda. “Needless to say, our first regular session has been both eventful and productive,” Romualdez said. “Congratulations to everyone for this impressive performance. You did not take your jobs lightly. You conducted yourselves with a sense of pride, professionalism and responsibility. You have carried out your individual roles with zest, making sure that you serve as effective voices of your respective constituents.” Likewise, Romualdez expressed gratitude for the significant contributions of the Minority Block, led by Minority Leader Marcelino Libanan. “Your close scrutiny of every piece of legislation has allowed us to bring depth, richness and nuance in the performance of our legislative duties,” Romualdez said. “We also thank all the Deputy Speakers, the Majority Leader, Honorable Manuel Jose ‘Mannix’ M. Dalipe, together with all the Deputy and Assistant Majority Leaders, and Chairpersons of the Standing and Special Committees. With your incessant support, the House of Representatives has approved on third and final reading, 33 out of the 42 priority measures listed in our common legislative agenda.” Among the measures that the House approved on third and final reading during the past 10 months include the proposed Maharlika Investment Fund, Magna Carta of Seafarers, E-Governance Act/E-Government Act, Negros Island Region, Virology Institute of the Philippines, Passive Income and Financial Intermediary Taxation Act, National Disease Prevention Management Authority or Center for Disease Control and Prevention, Medical Reserve Corps, Philippine Passport Act; Internet Transaction Act/E-Commerce Law, Waste-to-Energy Bill, Free Legal Assistance for Police and Soldiers and Apprenticeship Act. Also passed on third reading were the Build-Operate-Transfer Law, Magna Carta of Barangay Health Workers, Valuation Reform, Eastern Visayas Development Authority, Leyte Ecological Industrial Zone, Government Financial Institutions Unified Initiatives to Distressed Enterprises for Economic Recovery, National Citizens Service Training Program and National Government Rightsizing. During the final week of sessions, the House gave final approval of LEDAC measures, House Bill 8203, or the proposed Bureau of Immigration Modernization Act; and HB 8278, or the proposed Philippine Salt Industry Development Act. The Speaker reported that the House of Representatives ratified the bicameral conference committee report relative to establishing specialty centers in hospitals under the direct supervision and control of the Department of Health. Moreover, he said it is worthy to note that both Houses of Congress have agreed on a version of the Maharlika Fund, the country’s first-ever sovereign investment fund, designed to promote economic development by making strategic and profitable investments in key sectors including public road networks. The post United House gets things done appeared first on Daily Tribune......»»
Jaime Ponce de Leon — Art world’s man of the hour
To say that Jaime de Leon gave us his most prized treasure by sharing his “Hymen, Oh Hymenee” by Juan Luna would be an understatement. Jaime has not only made legions of art lovers happy and ecstatic; what he has achieved, by allowing the exhibition of this missing masterpiece, the holy grail of Philippine art, is an earthshaking development — one that, as it were, had ignited an intense movement of the “tectonic plate” of Philippine cultural heritage. [caption id="attachment_145553" align="aligncenter" width="525"] Photographs courtesy of leon gallery | ‘Hymen, oh Hyménée,’ in its finest details, manifests Juan Lu-na’s genius as an artist.[/caption] What had been missing for more than a century finally found its way home, right at the renowned Ayala Museum, thanks to Jaime, the trailblazing founder of the game-changing Leon Gallery, which has been responsible for the change of hands of the most valuable masterpieces of our renowned artists from the Spanish times, through antebellum Philippines and the postwar years, all the way to the new millennium. [caption id="attachment_145552" align="aligncenter" width="525"] JAIME de Leon, NCCA chairman Ino Manalo and Ayala Museum’s senior director Mariles Gustilo.[/caption] His discovery of Luna’s most sought-after painting in a royal house in Europe is a story that will be told through the coming generations of art lovers, enthusiasts, collectors and scholars. Just a few days ago, I visited Jaime in Leon Gallery, and art gallery and auction house that he founded in 2013. He shared with me his life story and how he had stumbled upon a new epicenter around which would revolve the life that he had wanted for himself. Jaime was still pursuing his business management degree in Silliman University when he was elected as the chairman of the barangay located right along the main boulevard of Dumaguete City. Realizing that politics was “not cut for me, I thought that I had bigger dreams. It’s like a fish that you put on a pond. It would only grow up to that size. I wanted to go to the big city. I wanted to live in the ocean and allow myself to be bigger. So, I moved to Manila.” In the big city, he started out as a real estate salesman, one of those guys who gave away brochures at the mall. But he would not last long, as he explored other possibilities. He next spent a year in Malaysia where he worked at the office of a construction firm. “It was a time for discovering myself,” he says. “I also learned how to be truly independent, away from the support of one’s family and home. It was an eye opener for me. After a year, when I got back to the Philippines, I thought, ‘Oh my God. What would I make of my life? I didn’t know which direction to take.” He then decided on taking up interior design at the Philippine School of Interior Design. While he admitted to not being good at drawing, he grew up appreciating “the nice things and antiques in my grandmother’ home.” In time, he was designing for clients. “Of course, when you decorate houses, you put paintings on the walls and you advise your clients and tell them this doesn’t go here. And the client would tell you that since they did not need them anymore, could I find a buyer for them? I ended up selling for clients. From those initial transactions, I started my business. In 2010, I opened a small gallery in Corinthian Plaza. So, I put everything there that I was selling from the houses of people who didn’t want them anymore because they were transferring to smaller houses or they were leaving the country. And she asked me if I was interested to help them liquidate the collection of an insurance company. “So, I said, why don’t I just broker them if all they wanted was to liquidate the art works? That would be easier. I told myself I could probably just borrow money to buy everything and I could just sell them. “But she pointed out that the mandate of their corporation required an auction. And I had zero knowledge about auctions. So, I said, ‘What can I do? I cannot lose this.’ I mean, I had nothing to lose, so should just do it. I told them, ‘I’ll do it.’” Jaime next called Cid Reyes, the art expert and critic. “And he agreed. I had to call all my friends to help. I didn’t have the resources to hire, so it was all request. And so we did our first auction in January 2013. We auctioned everything, all 54 lots.” “The rest,” Jaime said, “is history. I started to acquire my knowledge by going to Christie’s in New York to study the courses they offered. I went to London and studied Art Law. I went to the University of Arts London (UAL). Just to get the feel and just to be able to learn as much as I can. At least I would have more knowledge because I didn’t have any background in art in school. It was his knowledge, along with his network of friends, that would lead him to more breaks. One friend who would make a big difference in his life was Dr. Teyet Pascual, in his time one of the foremost collectors of the country’s masters. It was also with this friendship that his quest for the holy grail of Philippine art would be inspired until it became a lifelong longing to find it. The following is a continuation of my interview with Jaime. Daily Tribune: What is the most important for someone to succeed in the auction business? Jaime Ponce de Leon (JPDL): You know, reputation is the most important in this business. When we were starting, it was difficult to get the trust of these old families. And you know how guarded these old families are. And here comes a new kid on the block, how can he be trusted with our most prized possessions. So, I had to build trust slowly and slowly, brick by brick. DT: Have there been issues and challenges? JPDL: Definitely. When you’re in this business, sometimes you also make mistakes. These happen when things are deemed to be not it was meant to be what it is. Any dealer who says he has not gotten through that is a liar. These things happen. But for as long as you don’t do things knowingly, you know what I mean? I mean, if you don’t do such things knowingly, the world excuses people who are honest. And I think that is essential. DT: How do you go about finding all these treasures? JPDL: You know what? It’s probably through my gut and my grit. And I tend to have the personality of someone with a thick face. Not that I would just knock at anybody’s house, but I am not shy to speak to people, to introduce myself to people. Biggest finds DT: What has been your biggest find? JPDL: Well, in terms of find, of course this Luna. DT: Well, aside from this, can you mention some names? JPDL: Well, of course, in 2015, I was able to find this cachet of Zobels that people never thought existed. I found it in Boston, somewhere in New England. I remember very well there was a party at one of the galleries and I saw Paulino Que and I saw Ken Esguerra and told them, ‘Guys, I have discovered 83 pieces of Fernando Zobel.’ Sabi nila, ‘No, impossible. How come we don’t know anything about it?’ DT: Where exactly did you find it? JPDL: In an attic. The Pfeufer collection. The collector was the guardian of Fernando Zobel in Harvard and in Rhode Island. And when I found this in the attic, I couldn’t believe what I saw. I was already two years in the business. So, I auctioned them one by one. So, it was another white glove sale. Because at that time we made the world record for the most expensive Zobel. At that time, it was just P30 to 35 million in 2015. [caption id="attachment_145551" align="aligncenter" width="525"] at Harvard Business School where Jaime is pursuing his graduate studies.[/caption] So, we were selling fantastic pieces that no one could believe it was found. I mean, how can you find in one attic 80-plus pieces of Fernando Zobel, right? So, we did that. And over the years, of course, this and that. That I would find. DT: Tell me about the Magsaysay-Hos and the others. JPDL: Almost the same. The best ones are also found abroad. The last one was a world record. We sold it for P84 to P85 million. The Jim and Reed Pfeufer collection. So, this is the one I found in New England. The Joya that we sold here, P112 million. The Joya of Josie Baldovino. I’ll tell you a story. Mrs. Baldovino, the sister of Jose Joya, and I were always close. In this business, it’s all about trust. Once you establish the trust with your client, I think you’re already one step ahead. So, Mrs. Baldovino comes to me and tells me that she was already old. She felt she was nearing her run. So, she said, “Jaime, I trust you.” So, she sent me her piece. Her beautiful piece. I went to India, I had a trip and I got a call from her, “Jaime, you know, this collector came to me and offered me P50 million for my Joya.” Of course, that amount was life-changing, It was P50 million. I told Mrs. Baldovino, “Ma’am you know, I truly respect your decision on this. It’s really up to you.” She said, “Jaime, what should I do? This is already P50 million right in front of me.” We already had it with us, so I said, “Ma’am, we will do all our best to make it sell well. But please, I will not hold you to it. I will not get in the way of your decision to sell it for P50 million. But we will do everything we can to make this sell well. Just trust us.” So, finally, she called me back, “Okay, I’ll leave my trust to you. I will leave the piece.” So, three weeks after, the auction happened. And it became the highest painting ever sold in the Philippines. It was P112 million. DT: She must have been very happy. JPDL She was able to build a building in Fairview. A beautiful building, and she was so thankful. Of course, the stars aligned, the blessings were there. DT: What is your advice to anyone who wants to invest in the arts? Which artists should they buy? JPDL: You know what, a lot of them. But, you know, my advice? First, it’s never a good thing when you buy something immediately for investment purposes. When you buy something, buy first something you like. (Enjoy it). If the price goes up, (that’s a) bonus. If it doesn’t, then you enjoy the piece. ‘Taste changes’ DT: Why are some artists expensive, and why do art works of the same artist vary in peso value? JPDL: You know, art has so many factors involved. So much variables involved. There is a conglomeration of things on why an artist becomes successful. They’re all good. But it’s dependent on certain factors. Like, mister something bought the work. People see it. People feel that he’s a good artist because mister something bought the work. He’s exhibited by the right gallery. He’s exhibited in a museum, in a fair. You know, all these, once all these variables conglomerate together, and then, viola. DT: Why do some collections sell fast and some stay with you up to the next auction? JPDL: Well, sometimes there are things that really don’t sell. I mean, probably because of the prices that we put are high. Taste changes. I’ll give you an example. Manansala was very popular in the 1980s. And everybody, all these women, they all wanted to undress themselves in front of Manansala and get themselves painted. But now, it’s no longer the taste of today. People don’t buy nudes. People don’t have themselves painted in the nude. Many people are born again. They’re not allowed to put nudes on their walls. All these reasons. So, taste changes. And it’s a cycle. Editor’s note: The Leon Gallery Spectacular Mid-Year Auction 2023 takes place today June 17, 2023 starting at 2:00 PM, featuring art works from the collections of Manila’s society doyens, Zita Fernandez Feliciano and Delly Tambunting Ongsiakio The post Jaime Ponce de Leon — Art world’s man of the hour appeared first on Daily Tribune......»»
Isuzu PH to expand market in Valenzuela City
Isuzu Philippines Corporation (IPC), the country's leading truck manufacturer and distributor will soon be opening its doors at the highly urbanized City of Valenzuela in Metro Manila. In a 2,000 sqm land along Mac Arthur Highway Corner Bartolome Street in Valenzuela City, Isuzu plans to build its 49th dealership to be operated by long-time dealer principal, Industrial & Transport Equipment, Inc. (INTECO), the same dealer group handling Isuzu dealerships in Quezon Avenue, EDSA, Pampanga, Pangasinan, and Baguio. “As part of our ‘Road to 50’ program we continue to expand our reach to more cities in the provinces and now in the Metro. Valenzuela is a heavily populated city that also houses multiple manufacturing and logistics companies, so we would like to as much as possible bring our products closer to the market and cater to the businesses in the area by bringing a bigger service facility for them. With the excellent customer service of INTECO, we are confident that our customers in the area will be in good hands as soon as we open,” IPC President Tetsuya Fujita. Isuzu Valenzuela will support the new Isuzu Outlet Standard (IOS) design, highlighting a modern and conducive ambiance for customer journey with a spacious showroom and service shop to receive more customers. The dealership can accommodate 4-unit display including trucks, a customer lounge, service reception with a parts & accessories display area. While the service shop is designed to cater from light to heavy-duty vehicles, with 4 light commercial vehicle bays, 4 light-duty truck bays and 1 heavy-duty truck bay with provisions for further expansions in the future. “This new dealership solidifies INTECO’s dedication and commitment to continue to provide business and transport solutions to a bigger market in the Metro. Without any major issues, we expect the construction to be completed by 4th quarter, just in time for buying season,” said INTECO President Raymond Jarina. To know more about Isuzu Philippines’ world-class roster of commercial vehicles and latest news, log on to IPC website at www.isuzuphil.com. The post Isuzu PH to expand market in Valenzuela City appeared first on Daily Tribune......»»
Spanish firm investing $38M in Phl wind market
Spanish firm BlueFloat Energy is investing as much as $38 million or P1.2 trillion at current exchange rates to build 7.6 gigawatts of offshore wind projects, or OSW across the country in the next decade. At a press briefing on Friday, BlueFloat Energy CEO Carlos Martin announced that the company has secured wind energy contracts for four sites in Central Luzon, South Luzon, Northern Luzon and Southern Mindoro. Each site can have a capacity that ranges from 1.5 GW as the smallest to 3.5 GW as the highest. “In terms of the investment, the general rule is one megawatt of offshore wind requires an investment between $3 million to $5 million,” Martin said. “We can expect the first of these projects to be in the execution phase and nearing completion by the end of the decade or by 2030,” he added. Martin pointed out that its massive investment in the Philippines is the company’s largest foray in terms of the total pipeline of projects under development. BlueFloat Energy has ongoing project developments in Australia, New Zealand and Taiwan. Meanwhile, BlueFloat Energy Country Manager Raymund Pascual pointed out that the Philippines’ aggressive clean energy development has caught the attention of many foreign investors. “The demographics we have been seeing are favorable and one of them is the updated Philippine Development Plan from 2023-2028, which suggests a whole-of-country approach,” Pascual said. “There will be international partnerships whenever necessary,” he added. The government is racing to maximize wind energy as a viable power source as demand grows bigger. The Philippines OSW Roadmap launched last year showcased that the country has 178 GW potential OSW resources. With more foreign firms pouring in investments in the country, the Board of Investments is optimistic to hit or even exceed its P1.5-trillion target investments for the year. BOI Managing Head Ceferino Rodolfo recently said the government’s target will be achievable through the five major renewable energy projects that will be finalized this year. BlueFloat’s investment was among the five deals. Initially, the BOI set a P1-trillion investment target for the year, but with a “very healthy flow of investment project applications,” the agency hiked its target to P1.5 trillion. ### The post Spanish firm investing $38M in Phl wind market appeared first on Daily Tribune......»»
Globe data center readies PHL as regional technology hub
With the flood of data across the globe from the ever-growing demands of a thriving digital landscape, data has become the new gold. The more data you have, the more gold you will get, according to Ivan Uy, the Secretary of the Department of Information and Communications Technology. At the launch of the ST Telemedia Global Data Centres (Philippines), a joint venture between Globe, Ayala Corporation, and Singapore-based ST Telemedia Global Data Centres, Uy underscored the significance of harnessing the potential of data centers to catapult the Philippines’ hypergrowth and position the country as regional hub for information technology and digital innovations. “The Philippines is in a good position to take the front seat in the digital space,” Uy said, “we have the talent, the skillset, and the right motivation. Digitalization is one of the primary thrusts of the Marcos administration.” He added, “Traditional areas like Singapore and Japan are getting crowded. So the Philippines is an open field where they can see almost unlimited growth not just because of the untouched potential of our land but even our human resources.” Carlo Malana, STT GDC Philippines president, added the Philippines benefited from the geopolitical tensions in Europe and parts of the Indo-Pacific being at the heart of the ASEAN region. “Singapore has no available land and there is tension in the Taiwan Straits. But the Philippines has real estate space and power requirements to host data centers,” Malana said. The new data center campus, STT Fairview, will comprise over 83,000 square meters of gross floor area across four buildings. Once fully built, it offers a development potential of 124 megawatts of IT load capacity. It is strategically positioned within Quezon City with access to nearby substations and critical telecommunications, transportation links, and logistics, business, and industrial hubs. This data center is expected to store and manage various digital data of customers of nearly all types of businesses now operating in the digital age. Connected Filipinos with faster internet and high-technology smartphones, people now consume as much as they share data — texts, photos, audio, and videos online. According to a 2021 report by social media management firms Hootsuite and We Are Social, Filipinos have been the heaviest internet users in Southeast Asia and the world, surfing the web for an average of 10 hours each day, longer than that of Colombia, Thailand, and Indonesia. “Data is the fuel that will drive everything we do, from social to e-commerce. Data centers are growing at a phenomenal pace in the region. Still, the Philippines will be the center of growth in Southeast Asia,” Bruno Lopez, president and CEO of ST Telemedia Global Data Centres-International, said. In addition, Uy said the Philippines has the labor force, land area, and regulations to build the country as an efficient data center location. Uy said the government had launched programs to upskill Filipinos in data management, tapping the youth’s higher interest and knowledge absorption in technology. “Other countries’ aging population cannot cope with the future demand.” Half of the Philippine population is aged 25, while that of Japan is 48. Level of expertise Manala added, “There’s a different level required for running a critical facility. For example, a mechanic fixing your car and the other a Formula One are different mechanics.” For data protection and cybersecurity regulations, Uy said authorities would strictly implement data privacy laws and anti-cybercrime measures. “The DICT will provide companies guidelines for compliance and training to build their capacities. We will put these as our priorities for reliable data interoperability.” With these critical elements for operating an efficient data center, Lopez believes there will be at least 28,000 jobs for Filipinos and $5 billion more in national income for every 20-megawatt data center. “Data now is the new gold, and the data center is your vault. The bigger the data center, the more gold you have,” Manala explained. In the next three years, Lopez said there could be ten other data center providers in the Philippines as the digitalization of activities is accelerated by hyper scalers, which are companies engaged in various businesses like e-commerce, entertainment, and research. “I’ve worked with Microsoft, Amazon, and Google. Before, each of them wanted just five megawatts. With data centers and mobile applications growing phenomenally, 124 megawatts is a drop in the bucket.” Aside from a significant land area, hyper scalers are looking for high power capacity to run their data-centric computers 24/7. Uy said the demand for more data centers and the interest in electric vehicles or EVs would rise. “I’m also initiating programs to retool our mechanics to become EV mechanics because our automobile industry will have a profound transformation in the next ten years because computers will power these EVs.” Located along Regalado Avenue in West Fairview, Quezon City, the data center’s first phase is expected to rise in 2025, while the rest in eight years or less. “We’ll scale the growth of the rest of the facility as the demand comes in. As the customers come in, we’re prepared to give them a strategic highway for their development and growth in their countries,” Manala said. The post Globe data center readies PHL as regional technology hub appeared first on Daily Tribune......»»
AIC to build P4-B S. Luzon data hub
BALAMBAN, Cebu — To help address the spiking data usage in the country, Aboitiz InfraCapital Inc. will invest P4 billion to jumpstart the construction of its first-ever data center in Southern Luzon. AboitizInfra president and chief executive officer Cosette V. Canilao, in an interview at the sidelines of an event here, disclosed that the company has already embarked on the initial stage of the project development. “For the data center, we have already selected a site and we are already doing our due diligence at the site to ensure we can provide the necessary utilities for the infrastructure. It’s in Southern Luzon,” Canilao said. Due diligence Canilao noted the due diligence process will take six months, while the site construction will be done in two years. AboitizInfra will build the project with its partner EdgeConnex, a global company specializing in a full spectrum of data center solutions. “The plan with EdgeConneX is to build a 100-megawatt data center. We’ll do a 10-MW first and then probably a bigger one. For the first site, if my memory is correct, (we will invest) P4 billion,” Canilao said. Centralizing shared info technology Data centers are facilities centralizing an organization’s shared information technology operations and equipment to store, process, and disseminate data and applications. Since they house critical assets, data centers are important in sustaining the daily operations of a company. AboitizInfra had already committed to leverage its local expertise, assets, and portfolio as well as the diversified renewable portfolio of AboitizPower to successfully take on its digital infrastructure venture. The company entered the digital infrastructure sector in 2021 through a joint venture with Unity Digital Infrastructure Inc. The post AIC to build P4-B S. Luzon data hub appeared first on Daily Tribune......»»
Euro firms targeted for big-ticket projects
The Department of Transportation is targeting to draw up more European investments in the country’s big-ticket transport projects to keep its massive infrastructure goals on track amid budgetary constraints. “The biggest obstacle has always been fund-sourcing, considering the strained national budget of our government after coming out of the pandemic,” Transportation Secretary Jaime Bautista said on Wednesday. Bautista met top officials of the European Union-Association of South East Asian Nations Council and the European Chamber of Commerce of the Philippines to discuss various possibilities in generating investments in the transport sector. “We offered various infrastructure transport projects to international financial institutions, private investors, and professional associations and industry groups,” Bautista said. Viable option Bautista pointed out that project financing from foreign business groups has been a viable option to undertake massive projects locally. Among others, the Transportation chief also reiterated that the proposed privatization of the operation and management of the Ninoy Aquino International Airport and New Manila International Airport can be a rosy option for the private sector to invest in. “Other regional airports across the country are in the pipeline for privatization,” he said. He also cited other infrastructure projects in various transport sectors such as railways, maritime and road, including the Metro Manila Subway, North-South Commuter Railway, LRT-1 Cavite Extension Project, MRT-7, and MRT-4. “They can assist us in financing the projects through PPP so, we hope investors from their countries can be supportive of many projects of the DoTr. We have public-private partnerships projects for airports, rails and for roads and for maritime,” Bautista said. PPP revitalization The Marcos administration has revitalized public-private partnerships to ante up its infrastructure program. Last March, the National Economic and Development Authority announced a P9-trillion flagship infrastructure program —many of which will be funded via the public-private partnership mode. Based on targets, the government plans to build 194 infrastructure projects. Of these, 123 were proposed by the incumbent administration, while the other 71 were carried over from the previous one. As indicated in the NEDA report, about 45 of these projects will be financed through the help of the private sector. PHilMech expects youth embracing machines The Philippine Center for Postharvest Development and Mechanization or PHilMech targets the youth in embracing the mechanization program for farms. “We’re doing this to spark the interest of the youth in operating machines and training others. This is by far the biggest project we have for the future of agriculture,” Dr. Dionisio Alvindia, PHilMech Director IV, said Wednesday during the center’s 45th anniversary. Alvindia said the country now has a bigger pool of young farmers to tap as the average age of Filipino farmers is now younger at 47 from 57 previously. He added the new farmers will be critical in the application of PHilMech’s climate machines with less emitting carbon Euro 3 and 4 engines, and predictive technologies with artificial intelligence that analyzes the health of the soil and plants. Available in 4 yrs Alvindia expects the technologies to be available within four years and help farmers reduce postharvest losses and fight climate change, which causes extreme drought, floods and forest fires. “We don’t only think of productivity but also saving the planet. This is the heart of the fourth industrial revolution. We will transform agriculture and today is the beginning of that future.” Alvindia said the Filipino youth will also benefit from other machines to be rolled out from the Agricultural Machinery Design and Prototyping Center in Nueva Ecija, which is now being built under the Philippines’ partnership with Korea International Cooperation Agency of South Korea. In the center, South Korean scientists will share their knowledge on farming mechanization with Filipinos so they can build their own machines in the future. Leocadio Sebastian, Department of Agriculture’s undersecretary for rice industry development, was grateful for this collaboration but stressed the Philippine officials must carefully study which agricultural areas mostly need mechanization. The post Euro firms targeted for big-ticket projects appeared first on Daily Tribune......»»
MR.DIY introduces Team Kramer as new brand ambassadors
Team MR.DIY is getting bigger! One-stop-shop for family and home improvement store MR.DIY introduced its new brand ambassador, Team Kramer, for its ongoing “The Family Store for Everyday Needs — Meron DIYan” campaign at a media launch in Novotel, Quezon City. “MR. DIY is not just a store but an embodiment of values and aspirations. When we say MR.DIY, we talk about improving family life by enhancing homes. About nurturing our familial bonds and fostering a loving environment within our households,” said MR.DIY Philippines CEO Roselle Andaya. The campaign underscores MR. DIY’s goal of providing families with their everyday home and lifestyle needs. The brand remains committed to its “Always Low Prices” motto, offering various products and essentials that aim to meet its consumers’ daily needs and demands. Andaya added that affordability and quality of products are not opposites and that everyone should expect value for money without compromising the products that will be part of their homes. She also added that MR, and DIY are about creating nurturing spaces for families. According to Mark Charles Salecina, senior marketing manager of MR.DIY Philippines, the campaign puts the focus of the company on families. “We always put families at the core of our services, and we strive to grow closer to more families by opening more stores to make them feel that there’s always a MR.DIY store near them, ready to meet their everyday needs with quality products, at always low prices, that every family member can enjoy — Meron DIYan!” Salecina said. Team Kramer is the brand’s first-ever celebrity ambassador. During the launch, Team Kramer — composed of Doug and Cheska and their kids Kendra, Scarlett, and Gavin — took part and interacted with the guests. The celebrity couple played Meron DIYan, where they had to guess and recreate MR.DIY products with the press. Recently, the family broke ground for their new three-story house project. The family announced their plan to build another house last year as “a build and sell passion project.” “We are fortunate and excited to welcome a family that embodies what MR.DIY stands for. Positivity, shared experiences, growth, hard work, respect, and love. We share these values with the Kramer family,” Andaya said. MR.DIY is the nation’s favorite family and home improvement one-stop-shop retailer. The largest home improvement retailer with over 370 stores nationwide is dedicated to making a positive difference in the lives of its customers by offering convenience at all its stores. See all the amazing deals and featured promos when you visit MR. DIY’s official website or follow /mrdiyPH on Facebook and @mrdiy.philippines on Instagram and Tiktok. Have a fast, safe, and happy budol shopping! The post MR.DIY introduces Team Kramer as new brand ambassadors appeared first on Daily Tribune......»»
Katrina Ponce Enrile: A woman worthy of her name
Anyone who had come of age in the late 1970s and the 1980s would surely know about the most famous names and faces of the younger set of the era known for the coming of age of feminism and women’s lib. The 1960s may have ushered in a cultural revolution but it was in the succeeding decades that the cataclysmic events of the decade that was, in the Philippines, would manifest in the ways and attitudes of Filipino women. I mention this phase in our history because I am sharing my thoughts on one woman whom many consider as one of the country’s most powerful, influential and successful. She is Katrina Ponce Enrile. I may not privy to the growing-up years of Katrina Ponce Enrile, and I would not have the advantage of seeing her from the point of view of someone old enough to observe the growth of a child, but as a teenager, I would occasionally read about her and see her on photographs published in newspapers and magazines, although not too frequent. I just knew she was not only well-bred and beautiful in the mestiza sense being the daughter of a striking beauty of a mother (and the granddaughter of a handsome playboy of a paternal grandfather), but that, she too was brilliant. I would assume that she got her brains from her father, one of the wonder boys of the Marcos administration. Katrina would, in time, be mentioned in juicy gossip now and then, but it was her smarts in enterprise and management that she would eventually be recognized, this notwithstanding the controversial stories that one occasionally heard of her family members. [caption id="attachment_134172" align="aligncenter" width="525"] KATRINA Ponce Enrile has always lived up to her parents ‘ expectations.[/caption] ‘Treat everybody with respect’ But to imagine her childhood and teenage years, one would suppose that for all the comforts that she might have enjoyed while living first in Urdaneta and then Dasmarinas Village, she had had to assert herself, she had once been overheard to say: “At 10, I had to fight a little bit harder to be heard” -- which was expected if one were the only daughter of a famous lawyer of a father and a lovely talented mother, herself a respected stage actress. But no matter that she had to deal with being the daughter of awe-inspiring parents, what she had been showered with, aside from her parents’ affection, was well-meaning advice. For one, it was from her dad and mom that she first heard the word of wisdom. “Treat everybody with respect — everybody. Because you don’t know what fate will bring you or them. People that you meet when you are going up, you also meet when you are going down.” No wonder that years later, as a businesswoman, she was very thoughtful in making decisions whether she was dealing with other top businessmen, her executives or the employees who served the family company at her beck and call. “I always think of how my actions and decisions would affect others,” she said in an interview with the Daily Tribune Lifestyle. No, for all the feisty woman that we know her to be, Katrina, was not advised to be aggressively pro-active when facing a conflict. The legendary Juan Ponce Enrile, instead, cautioned his daughter: “Never throw the first punch. But if they throw the first punch, then…” This, she would take to heart whenever she had had to face corporate, social or emotional bullies, not that she is one to attract people prone to violating her rights. [caption id="attachment_134173" align="aligncenter" width="525"] As the only daughter of Juan Ponce Enrile, the most famous native son of Cagayan, Katrina brings to her new job an affection for the province and Cagayanos and the whole Cagayan Valley.[/caption] One imagines her father might have preferred her to be a boy, JPE being a man’s man, but to which she would have retorted: “Dad, I don’t have to be a boy to be what I am now… Girls can do it too.” Call it outright confidence, or chutzpah, or maybe it’s Pinay pride, but Katrina is not one to be cowed. And yes, she could lead and fight and attack, but as her father would most likely say: “Only if they attack first.” Self-assured executive What I have heard of Katrina, especially from my dear friend, Carol Mercado, who was her classmate at St. Paul College, is her signature confidence. “From our youth, when she could be stubborn, she has matured steadily into a self-assured executive no wonder that she has accomplish much as an entrepreneur. “It’s a paradox that while she may have been underestimated at times and even flat out rejected, she knows how to overcome these challenges because she is one creative person and she is not one to easily bow down or to say no. But then, she is not even outright assertive. She could be very charming and before any nemesis would know it, she has gotten what she wants without lifting a finger.” It would seem that the lady would have aimed for political eminence, being the daughter of the powerful JPE, but to everyone’s surprise, she had chosen to create a name outside of her inherited box (or confines), so to speak. While she takes pride in being an Enrile, she has not taken advantage of her family name as though an amulet that would do wonders for her. Instead, she has chosen to rely on the old-fashioned values of industry, respect for others, commitment and determination. She might as well be girl scout, except more courageous, daring and trailblazing. Flexing her risk-taking muscles In her 20s, when her friends were disco dancing, she was, to use another friend’s words, “flexing her risk-taking muscle and sharpening her foresight for the first time — pivotal experiences that would shape her business sense now admired by many.” She surprised everyone when, at 26, she bought properties in Palawan. “It was a big joke to many,” she recalled. “They could not see any reason I should take the risk and invest in a place where no one dared go. It was then no man’s country and perceived to be mosquito-infested.” Today, Palawan is a safe haven from the pandemic, and, of course, an investors’ paradise. On the other hand, her parents saw a promise in her, someone who would play a key role in the family enterprises. They appointed her as Group Treasurer even before her 30th birthday, and with it the added role of overseeing the many concerns of the JAKA Group of Companies. It is quite a daunting responsibility given its extensive industrial reach –- food manufacturing and product distribution to marketing and logistics; forest plantation management; safety match manufacturing, property management and development; as well as IT, security and financial services. It would seem that, for a “beginner” in the big league, it was beyond Katrina’s grasp, and yet she lived up to her parents’ expectations. [caption id="attachment_134175" align="aligncenter" width="525"] SOME of Delimondo’s best products.[/caption] In time she would qualify as the firm’s COO and eventually CEO. Not one used to trumpeting her achievements, Katrina candidly shared: “I was able to turn around the company, helping navigate it through the debilitating Asian Financial Crisis in the mid-1990s. And when the peso devalued in 2008 to 2009, when we had [a] one dollar denominated loan which I had to quickly deal with, I was able to restructure our company and keep it afloat.” Soon, she would be trusted to manage JAKA’s investments, which “allowed me to dream of bigger things, this in the midst of an economic crisis and the pressure to survive it.” Her baby Delimondo When shopping in a supermarket or a grocery, the Filipino consumers, especially those who take their corned beef seriously, would pick the Delimondo brand. They would also put the brand’s Bolognese Pasta, Luncheon Meat, Yellowfin Tuna spreads and aromatic oils in their cart or shopping bags. Katrina confides, “Delimondo was my baby and was purely our family’s venture.” Her was a one-woman team that managed the brand’s marketing, sales and R&D. To introduce it to the market, she gave away cans of their initial recipes for free. “I wanted to offer something deliciously different, one that I enjoyed from my travels abroad.” [caption id="attachment_134174" align="aligncenter" width="525"] SHE is most proud of her baby, Delimondo.[/caption] It wasn’t long before investors would come in too aware that Delimondo operates its own plants that produce and package its own products. The company would soon expand and offers its manufacturing services to other products all the way to exporting them. In time and with Katrina at the helm, JAKA shifted to investing in other companies. But if her JAKA performance is impressive, anyone should take a look at her other achievements. To cite one, as the Philippines Overseas Telecommunications Operations director and CEO/president. She led the efforts to renew the company’s franchise that would allow it to provide the Philippines satellite services. For another, as director and president, she has brought into the Montemar Resorts Development Corporation and Montemar Beach Club Inc. not only her management expertise, but her exposure to top international resorts as a frequent guest. No wonder that Manila’s well-heeled consider these resorts as standard-bearers of local luxury travel. [caption id="attachment_134171" align="aligncenter" width="525"] ‘Delimondo was my baby and was purely our family’s venture,’ said Katrina.[/caption] Transforming the upper east corner of Luzon Katrina also sits as the Cagayan Economic Zone Authority’s vice chairperson. In this role, she envisions making the province a model destination that easily rivals the country’s capital. “They’re considering appointing me as administrator. Once that post is confirmed, I will be fully committed to transforming the upper east corner of Luzon into another business area that the Philippines will be proud of.” As part of her vision, she plans to build a stronger point of economy with the available freeport and expand its potential by constructing an airport. To attract investors, she plans to boost incentives to encourage more players to relocate. “We plan to make smart cities there. I plan to make it very green. I plan to protect the lush forests. It’s really also known as the rice granary of the Philippines. I plan to push the transition from GMOs (genetically modified organism) to non-GMOs. I know that that will be a hard task but I plan to do it. I want to give the Filipinos healthy food for the next generations to come,” she states. Worthy and deserving As the only daughter of the most famous native son of Cagayan, Katrina brings to her new job an affection for the province and Cagayanos and the whole Cagayan Valley. She may have grown up in Manila, travelled the whole world, but her heart has always remained in the home of her father, Juan Ponce Enrile, and it is among his people, relatives and townsmen that she intends to pursue her next dream. There is no stopping this feisty Cagayanon. For her home province, she is out to conquer the world. But then, I must insist that this is not about being her father’s daughter, although there is no denying the great influence of JPE on Katrina becoming the woman that she has become -- strong-willed, passionate, forward-thinking. Still, Katrina could only thank herself most for being herself. That she accepted the challenges that came her way and faced them head on using her own gifts and advantages – which undoubtedly brought her to her destiny, one that she has arrived at and one that she has yet to fulfill. Indeed, if the women’s movement has reached this far, and women today now enjoy key positions in government, private sector and civil society, this may be attributed to the generations of women who have looked toward the future and embraced their destinies as key players in the affairs of humanity. Katrina is one of these women and we wish her all the best. No one could be more worthy of the challenge and deserving of the honor. The post Katrina Ponce Enrile: A woman worthy of her name appeared first on Daily Tribune......»»
Virtual bank plans SME loans, investments
GoTyme, the fully digital bank arm of the Gokongwei Group, plans to offer investments and consumer and small and medium enterprises loans this year, as it helps the government encourage more Filipinos to own bank accounts. “By the end of the year, we’ll enter into micro-investments, as well as lending,” Nathaniel Clarke, GoTyme’s president and chief executive officer, said during the recent AI Summit 2023. The forum was organized by Aboitiz Data Innovation and Union Bank of the Philippines to exchange insights on the uses, dangers and future of artificial intelligence. The Bangko Sentral ng Pilipinas already approved six digital banks to operate in the country. However, McKinsey & Company recently said most of their services are “almost exclusively on payments and dominant players have yet to emerge outside the mobile-payments subsector.” Huge opportunities remain Clarke said the Philippines still has a big pool of borrowers to reach, but stressed GoTyme needs to collect data on consumers first to ensure sustainable lending service. “South Africa’s fifth largest bank is bigger than the entire Philippine banking system. So, there are still so many people to tap as the population is double here.” He added, “We’re going to that lending opportunity, but we want to do it responsibly for people who can afford loans. We need to build up a database and customer relationship.” Clarke said GoTyme aims to offer small loans initially this year to entrepreneurs, which might include sellers on social media platforms and other marketplaces for owners of small and medium enterprises. “We’re talking to a lot of small business aggregators. There are large digital players touching many small and medium enterprises.” Clarke said bigger loan amounts will be available in partnership with other banks. Currently, GoTyme offers savings and deposit accounts, e-payments and rewards for purchases from partner merchants, such as Cebu Pacific. BSP aims to increase the population of banked Filipinos to 70 percent this year from 56 percent last year. The post Virtual bank plans SME loans, investments appeared first on Daily Tribune......»»