World Vision Calls Out Business Leaders For CSR Summit
Child-focused humanitarian agency World Vision convenes business leaders in the Philippines for a two-day virtual Corporate Social Responsibility (CSR) Summit. Dubbed as “Doing Good is Good Business,” the summit focuses on the values of CSR amid the COVID-19 pandemic. The speakers from the different companies showed how they have chosen to help their internal and […].....»»
Unlock business success at Franchise Asia Philippines Expo
The Franchise Asia Philippines Expo 2024 is set to hold a series of dynamic seminars designed to empower entrepreneurs, investors and business enthusiasts with the knowledge and tools needed to thrive in the ever-evolving world of franchising. Slated from April 12 to 14 at the SMX Convention Center Manila, these seminars offer invaluable insights into key aspects of franchising and business growth......»»
Reflecting on Your Business Setbacks
Challenges are an inevitable part of any endeavor, especially a business one. From unforeseen economic shifts to internal operational hurdles, every business owner will inevitably face obstacles that test their resolve. As we live in a fast-paced world, we sometimes forget about looking back, and what better time to do it than the Holy Week? […].....»»
JG Summit core profit soars in 2023
Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»
Jaishankar calls on Singapore PM Lee Hsien Loong, values his perspective on current state of world
Singapore, March 25 (ANI): External Affairs Minister S Jaishankar called on Singapore Prime Minister Lee Hsien Loong on Monday and conveyed the greetings of Prime Minister Narendra Modi. Jaishankar valued Lee Hsien Loong's perspectives on the current state of the world. In a post on X, Jaishankar stated, "Honoured to call on Prime Minister @leehsienloongat The Istana. Conveyed the personal greetings of PM @narendramodi. V.....»»
A pilgrimage of self-love and reflection for business leaders
A pilgrimage of self-love and reflection for business leaders.....»»
Jaishankar calls on Singapore PM Lee Hsien Loong, values his perspective on current state of world
Singapore, March 25 (ANI): External Affairs Minister S Jaishankar called on Singapore Prime Minister Lee Hsien Loong on Monday and conveyed the greetings of Prime Minister Narendra Modi. Jaishankar valued Lee Hsien Loong's perspectives on the current state of the world. In a post on X, Jaishankar stated, "Honoured to call on Prime Minister @leehsienloongat The Istana. Conveyed the personal greetings of PM @narendramodi. V.....»»
Earth Hour 2024 Calls for Filipinos to Switch Off Lights and Switch Off Single-use Plastics
Filipinos can help in solving two of our planet’s biggest problems, biodiversity loss, and climate change, by doing their part in conserving energy and putting an end to the problem of plastic pollution. Earth Hour 2024, set on March 23, Saturday will once again bring together millions of people across the world so they can […].....»»
Infobip launches viber business calls, new solution for tech-minded entreprenuers
Infobip launches viber business calls, new solution for tech-minded entreprenuers.....»»
Calls for sustainable news business model mount after CNN Philippines closure
“As an educational institution that produces media practitioners, we stand with our alumni and with the media industry in calling for a more sustainable and ethical business model for local media instead of the for-profit model that continues to dominate the media industry.".....»»
Business as Usual
It is business as usual for most of the public utility vehicles in Davao City amid calls for a nationwide transport strike on Wednesday (27 December 2023). Transport groups have staged a nationwide transport strike in protest of the public utility vehicles (PUV) modernization program. MindaNews photo.....»»
The 10-year-old fashion influencer
Taylen Biggs has close to 1.5 million followers across TikTok and Instagram, a wardrobe full of designer clothes and 15 fashion weeks under her belt -- and she's 10 years old. Taylen arrived at last week's Balmain show, one of the hottest tickets of Paris Fashion Week, in a luxurious white jacket-and-skirt combo by the French label, black boots and bag by Karl Lagerfeld and her favourite Vintage Frames shades. She was followed, as always, by her cameraman. Also keeping a discreet distance was her "bodyguard", as she calls him, who also happens to be her father. "I love fashion and I love meeting new people and interviewing them and seeing what they have to say," she told AFP, before getting down to business with her microphone. Taylen, who lives in Miami, has interviewed the likes of DJ Khaled, popstar Kali Uchis and American Football star Patrick Mahomes, as well as a huge number of models, designers and fellow fashionistas. She is practically a veteran of red carpets, appearing at everything from the MTV Music Awards to the Superbowl, a regular at New York and Miami fashion weeks, and all over Milan and Paris for the past fortnight. "I really miss my family a lot," she said. "And I miss Miami. But I don't miss the food from Miami. I'm in love with the food here." Influencers are now the fashion industry's favoured form of media -- a direct line to the public and happy to trade goodies for coverage -- and age is no obstacle. Taylen's father, Josh Biggs, says he has largely given up his job as a construction contractor in Miami to work full-time as his daughter's assistant. "I travel with her everywhere she goes, I am her shadow," he told AFP. Asked if his daughter has become a business, he says: "People see her through the camera lens... but in real life, she's a child first and foremost." 'No qualms' Taylen landed her first modelling gig when she was 18 months old after her fashion-loving mother, a Colombian who came to the United States when she was 13, posted pictures of her on social media that were spotted by an advertising agency. She now runs her daughter's social media accounts and oversees home-schooling for Taylen and her two younger brothers. "We take school very seriously, it's priority number one," said her father. They worked through the summer so that Taylen could take a long break during the back-to-back fashion weeks in Milan and Paris in September. Taylen's father -- who says he has little interest in fashion -- says there is no pressure on his daughter to continue if she gets bored. "If she's ready to change and pursue a different career, then it's up to her," he said. "We will leave the fashion world in a second. There's no qualms about it." But Taylen seems to enjoy her job. "I'm really good with anyone," she said. "I'm really good with kids. I loooove children! And I really love adults -- I don't even get annoyed." The post The 10-year-old fashion influencer appeared first on Daily Tribune......»»
Indonesia bans goods transactions on social media platforms
Indonesia has banned goods transactions on social media platforms in a new regulation, its trade minister said Wednesday, as Jakarta aims to rein in direct sales on major platforms it says are harming millions of small businesses. Calls had grown in recent months for a regulation governing social media and e-commerce, with offline sellers seeing their livelihoods threatened by the sale of cheaper products on TikTok Shop and other platforms. Indonesia is one of the world's biggest markets for TikTok Shop and was the first to pilot the app's e-commerce arm. "Now, e-commerce cannot become social media. It is separated," Trade Minister Zulkifli Hasan told a news conference in the capital, Jakarta, adding that the trade regulation came into force on Tuesday. Hasan said social commerce platforms would have a week to comply with the new rule. "Any government would protect local small businesses," he said, describing the regulation as a way to ensure "equality in business competition". The regulation means social commerce companies are now "prohibited to facilitate payment transactions in its electronic system", according to the regulation document seen by AFP. "Social commerce can place ads like TV, but it mustn't be transactional. (They) can't open shop, can't directly sell," Hasan said, without mentioning TikTok by name. Companies that did not comply would be warned first and would finally have their license to do business in Indonesia revoked, he said. Laws in the archipelago nation did not cover direct transactions through social media platforms such as TikTok, Facebook or Instagram before the new regulation. The new regulation is yet another setback for TikTok, which has faced intense scrutiny in the United States and other nations in recent months over users' data security and the company's alleged ties to Beijing. "Other countries are banning, we don't, we're regulating," Hasan said. Indonesia is now the first country in the region to act against the platform's growing popularity in social media commerce. The ministerial-level regulation -- an amendment to a trade regulation issued in 2020 -- did not need approval by lawmakers. TikTok Indonesia said the company was "deeply concerned" about the policy, which would impact millions of sellers and creators using TikTok Shop. "We respect local laws and regulations and will be pursuing a constructive path forward," it said in a statement. Meta -- which owns Facebook and Instagram -- did not respond to a request for comment. 'Markets are quiet' Hasan appeared to confirm the companies would have to choose between separate social media and e-commerce licences. "It's clear... there are no permits for social commerce. If (they) want social commerce, please, only for promotion and ads. If (they) want to sell, there are e-commerce (permits)." The regulation also sets a minimum price of $100 for certain foreign goods bought from Indonesian sellers on e-commerce platforms, according to the regulation document seen by AFP. Some offline sellers at the Tanah Abang market in Jakarta applauded the government's decision. "The government should... dare to innovate given the current situation, where markets are quiet like this," said Stevanie Ahua, a 60-year-old wholesale denim jeans seller. She said her revenue had dropped by 60 percent in recent months as buyers turned to online shops. Others such as 29-year-old cookie baker Panji Made Agung in Bali said he was disappointed by the ban. "For sellers like me, TikTok can be used for soft selling. We can become influencers and sellers at the same time," he said. Experts said the transaction ban would hit the coffers of social media platforms such as TikTok, which takes a commission from every sale. "They will definitely incur losses," said Tauhid Ahmad, executive director of the Jakarta-based Institute for Development of Economics and Finance. Indonesia's e-commerce market is dominated by platforms such as Tokopedia, Shopee and Lazada but TikTok Shop gained a significant market share since launching in 2021. Indonesia, with 125 million users, is TikTok's second-largest global market after the United States, according to company figures. TikTok's chief executive Shou Zi Chew visited Jakarta in June, pledging to pour billions of dollars into Southeast Asia in the years ahead. The post Indonesia bans goods transactions on social media platforms appeared first on Daily Tribune......»»
Indonesia bans goods transactions on social media platforms
Indonesia has banned goods transactions on social media platforms in a new regulation, its trade minister said Wednesday, as Jakarta aims to rein in direct sales on major platforms it says are harming millions of small businesses. Calls had grown in recent months for a regulation governing social media and e-commerce, with offline sellers seeing their livelihoods threatened by the sale of cheaper products on TikTok Shop and other platforms. "This trade regulation has been in force (since yesterday)," Trade Minister Zulkifli Hasan told a news conference in the capital Jakarta. He said social commerce platforms would have a week to comply with the new rule. "Any government would protect local small businesses," he said, saying the regulation was passed to ensure "equality in business competition". The regulation means social media firms will not be able to conduct direct transactions but only promote products on their platforms. "Social commerce can place ads like TV, but it mustn't be transactional. (They) can't open shop, can't directly sell," he said, without mentioning TikTok by name. Laws in the archipelago nation did not cover direct transactions through social media platforms such as TikTok, Facebook or Instagram before the new regulation. The new regulation is yet another setback for TikTok, which has faced intense scrutiny in the United States and other nations in recent months over users' data security and the company's alleged ties to Beijing. "Other countries are banning, we don't, (we're) regulating," Hasan said. Indonesia is one of the world's biggest markets for TikTok Shop and was the first to pilot the app's e-commerce arm. But Indonesia is now the first country in the region to act against the platform's growing popularity in social media commerce. The ministerial-level regulation -- an amendment to a trade regulation issued in 2020 -- did not need approval by lawmakers. Chinese technology giant and TikTok owner ByteDance and TikTok Indonesia did not respond immediately to a request for comment Wednesday. But a TikTok Indonesia spokesperson told AFP on Monday the ban would harm as many as six million local sellers who market their products on the platform. Meta -- which owns Facebook and Instagram -- did not respond to a request for comment. 'Markets are quiet' How the ban will work exactly remains unclear but experts said it could mean social media firms would have to obtain a separate approval for their e-commerce arms. "It could be that their license will be rearranged," said Tauhid Ahmad, executive director of the Jakarta-based Institute for Development of Economics and Finance. Offline sellers at Tanah Abang market in Jakarta applauded the government's decision. "The government should... dare to innovate given the current situation, where markets are quiet like this," said Stevanie Ahua, a 60-year-old wholesale denim jeans seller. She said her revenue had dropped by 60 percent in recent months as buyers turned to online shops. Others like 29-year-old cookie baker Panji Made Agung in Bali said he was disappointed by the ban. "For sellers like me, TikTok can be used for soft selling. We can become influencers and sellers at the same time," he said. Indonesia's e-commerce market is dominated by platforms such as Tokopedia, Shopee and Lazada but TikTok Shop gained a significant market share since launching in 2021. Indonesia, with 125 million users, is TikTok's second-largest global market after the United States, according to company figures. TikTok's chief executive Shou Zi Chew visited Jakarta in June, pledging to pour billions of dollars into Southeast Asia in the coming years. The post Indonesia bans goods transactions on social media platforms appeared first on Daily Tribune......»»
‘Regulate them’: Hard-up Indonesia traders urge TikTok sales ban
As clothing seller Hendri Tanjung struggles to hawk his tunics to Indonesian buyers outside his market shop, he says customers are turning to cheaper versions on TikTok, pummeling his income. The 35-year-old sells his wares at Tanah Abang, Southeast Asia's largest textile market, where sellers are desperately calling out to passersby. The market in the capital Jakarta is less crowded than usual, with some outlets shuttered, as many of its thousands of merchants selling products made in factories or by tailors and weavers complain about the impact of TikTok's booming e-commerce arm on their business. "We want the government to close TikTok Shop, or at least regulate them. I feel bad for my employees," said Tanjung. Indonesians spent more money on the Chinese-owned app than anywhere else in the region over the past year, as TikTok Shop rapidly gained a substantial regional market share and millions of sellers since its 2021 launch. But government ministers in Southeast Asia's biggest economy have threatened to ban the app outright because of its impact on local sellers, including those at Tanah Abang who rely on offline buyers. Tanjung said a tunic he sells at 60,000 rupiah ($3.90), can be found for 40,000 rupiah on TikTok Shop, undercutting his business. "I don't know where they source their products to sell at such low prices. Ours are our own products and we cannot sell them at that price," he said. After a daily revenue drop of more than 80 percent from 30 million rupiah ($1,948) to five million ($324) in recent months, he was forced to lay off five of his 30 employees. Laws in the archipelago nation do not cover transactions through social media platforms such as TikTok, Facebook or Instagram. But President Joko Widodo said new regulation on social media transactions could come as early as Tuesday. The draft regulation, expected to be presented soon after Widodo said Monday it was "being finalized in the trade ministry", will aim to curb what Jakarta says are monopolistic practices. Level playing field Experts say such regulation would create a level playing field for local businesses. "The key is to regulate social commerce to be on par with e-commerce and traditional offline retailers," said Nailul Huda, a researcher at the Institute for Development of Economics and Finance. "The government should enhance protection for local products by tightening regulations on imported goods and offering disincentives for imports." TikTok has criticized calls for a ban, saying it would harm Indonesian merchants and consumers. "Close to two million local businesses in Indonesia use TikTok to grow and thrive through social commerce," Anggini Setiawan, TikTok Indonesia's head of communications, told AFP earlier this month. Indonesia is TikTok's second-largest market, with 125 million users, according to company figures. It is owned by Chinese tech giant ByteDance. The country represented 42 percent of TikTok's $4.4 billion regional gross merchandise value last year, according to Singapore-based consultancy Momentum Works. TikTok's chief executive Shou Zi Chew visited Jakarta in June, pledging to pour billions of dollars into Southeast Asia in the coming years. But the market sellers want TikTok's rise restricted. Atinah, a 21-year-old who sells clothing, said she could no longer hope for high weekend sales at her shop at Tanah Abang, which used to bring in around 10 million rupiah per day. "We are happy if the government can regulate TikTok Shop since now we can only make around three million rupiah on weekends," said Atinah, who like many Indonesians goes by one name. "Buyers always compare the prices here with what they see on TikTok Shop." The post ‘Regulate them’: Hard-up Indonesia traders urge TikTok sales ban appeared first on Daily Tribune......»»
Chronic bureaucratic lapses
The entire bureaucracy suffers from serious lapses. Let’s borrow the phrase, “seven deadly sins,” as a handle to better understand how they indicatively fail to inform public policy on what government “should do or should not do,” to wit: First: “Tight fiscal space.” A little over 60 percent of GDP (gross domestic product) is reserved for foreign lending institutions with which the country has huge borrowings. Consequently, the government has to make do with the remaining less than 40 percent in terms of public spending. It’s no urban legend that about 45 percent of these allocable public funds is siphoned off due to massive corruption across all levels of government. Second: “Good governance.” The term, as often used, is an oxymoron. Whenever presidential appointees in any line department, agency, or bureau introduce reforms or new management ideas into state affairs, it’s unfortunate that outcomes and impacts go in the opposite direction — or bad governance overshadowing good. Isn’t it a paradox that the “top brass” of the Manila International Airport Authority were dismissed by the Ombudsman even as key stakeholders and captains of industry (i.e., the Makati Business Club) vetted and vouched for their performance par excellence on the job? Contrivedly, a purely management issue just shouldn’t be within the purview of the Ombudsman. For another, how is it that the housing program has become too costly for the government? Reportedly, P36 billion in interest is accrued by the government every year if one million houses are built. With a target of three million houses, the onerous interest is pegged at P100 billion every year, a “sunk cost” that the economy can ill afford to sustain. Why even start a program that demands that humongous amount of interest on a year-by-year basis? Third: “Street-level bureaucracy.” Nearly the whole range of public affairs appears to be manned by those we can compare to a typical traffic enforcer, gate guard, or utility aide, who, if given a chance to exercise a little authority, tend to behave as their actuations come directly from above. Fourth: “Tax hike.” Some strange mathematicians in Congress thought of taxing vehicles per kilo of weight, coupled with jacking up taxes on vehicle users by as much as 90 percent. Worse, how can there be an increase in the road users’ tax – year in and year out? Fifth: “45 seconds turnaround time.” This is the kind of rhetoric that rests on the “big bluff” or what one legislator calls a “promissory note,” or the carrot, to get what they want in their agency budgets. Scenes like offloading, missed flights, and logjams would never be a thing of the past since the Bureau of Immigration operationalized its new set of guidelines that are essentially racist, if not anti-poor, against outbound Filipino travelers, while sparing foreign travelers. Sixth: “Privatization overdrive.” There’s a dangerous pattern or trend of government aiming to privatize the Ninoy Aquino International Airport, all 45 casinos of PAGCOR, some mass transport systems (e.g., LRTs), and the toll expressways. Whether or not this privatization track is driven by the “gospel of efficiency” is another story. More likely, it’s because it opens doors to raising “windfall capital” and making available “alternative investments.” Seventh: “Multiple allotments.” As if a mere afterthought, there are “double entries,” even multiple ones, in the National Expenditure Plan that bloat the budget and such entries by various agencies even insulate them from any accountability. This explains why what is budgeted — twice or thrice — cannot be disbursed over and over again, not to mention the perennial failure of most line departments to fully utilize their budgets. In the voluminous General Appropriations Act the President signs, every budget cycle has become a “hiding place” for public funds that only trained eyes can declassify as “significant others,” for lack of a better term. It isn’t remote to say that when an agency prepares its budget, it knows under which item in its “shopping list” the money is. The post Chronic bureaucratic lapses appeared first on Daily Tribune......»»
Belmonte calls for reforms in BFP-QCFD
Quezon City Mayor Joy Belmonte on Monday called on the Bureau of Fire Protection to undertake reforms in the BFP - Quezon City Fire District (QCFD). Belmonte made the call as results of the probe conducted by the city government and the Quezon City Council revealed lax inspection, backlog in the examination of businesses, and other lapses in the performance of the BFP-QCFD. "The BFP should look into how the BFP-QCFD fulfilled its mandate in the light of tragic loss of lives and properties due to recent fires in the city. Were the BFP-QCFD leadership remiss in their duties? They should hold their personnel accountable if proven guilty of inefficiency," she said. Belmonte earlier sought the relief of two officials from the BFP-QCFD following a review of the performance of the agency prompted by the tragic loss of lives caused by the fire last 31 August in Tandang Sora. An evaluation conducted by the city government of each fire incident that occurred this year showed on average, more damage, injury, and death compared to the previous year. “The capability and effectiveness of the BFP-QCFD in responding to these fires have lessened significantly. The city government recognizes that each fire has its own distinct volatile circumstances. Nonetheless, the severity of this year's incidents necessitates a call for a change in the leadership of the agency. A change is needed for the welfare of our citizens. We look forward to a better performance from the BFP," Belmonte said. The two officials were identified as BFP-QCFD fire marshall, Fire Senior Superintendent Aristotle Bañaga, and the chief of the QCFD Fire Prevention Branch, Fire Chief Inspector Dominic Salvacion. Data from the BFP revealed that from January to August 2023, there were 153 fires recorded in the city, while there were only 219 fires from January to December 2022. With a third of the year left, there have already been eight firefighters and 63 civilians injured compared to only two firefighters and 60 civilians for the entirety of last year. Moreover, there were already 24 deaths in the first eight months of this year while there were 30 from January to December 2022. There were 8,362 individuals or 2,380 families affected by the fires up to August this year, higher than the whole of last year’s record of 7,295 individuals or 2,005 families. “For this reason and to protect the people of Quezon City, I am calling upon the national leadership of the Bureau of Fire Protection to assign to us a new fire marshall for the QCFD and a new inspection head,” Belmonte added. Belmonte also called on the BFP to be more transparent in their own investigation of the Tandang Sora fire. “The BFP has failed to reciprocate the city government’s efforts to exercise transparency. They resisted our calls to be apprised of the progress of their own probe, or to our requests for coordination. We therefore ask the BFP to cooperate fully with the city government as mandated by law, to ensure full transparency and clarity in these investigations. Our people demand more, and the victims and their families deserve nothing less,” Belmonte said. Belmonte earlier ordered the City Legal Department to form a Special Panel of Investigators to probe the incident and if warranted by evidence, to file the appropriate case(s) against pertinent and surviving officers of the business establishment involved in the deadly fire in Tandang Sora. Local government personnel found to be liable after the conduct of the investigation will likewise face administrative and criminal charges. “The city government continues to thoroughly investigate the devastating fire of August 31. It has coordinated with and interviewed its departments, the barangay, the homeowners association, the relatives of the victims, and the survivors, to ascertain the circumstances that brought about this tragedy. We will leave no stone unturned, and we will not spare even our own officials and personnel,” the mayor added. The mayor assured the residents that the city government will continue to beef up the city’s fire prevention measures and efforts. On 14 September, Mayor Belmonte extended financial assistance to the families of the fire victims. Earlier, the city government helped arrange for the cremation of the remains of the victims, among others. The post Belmonte calls for reforms in BFP-QCFD appeared first on Daily Tribune......»»
CHR to cooperate with ICC on drug probe
The Commission on Human Rights maintained a steadfast stance in its commitment to work with the International Criminal Court to probe the country's war on drugs on the watch of then-President Rodrigo Duterte. In the deliberations for the department's budget for 2024 before the House Committee on Appropriations, CHR Chairperson Richard Palpal-latoc assured lawmakers the agency would cooperate with the ICC by furnishing evidence it gathered in its past investigation. "As you may recall, the CHR has investigated extra-judicial killings in relation to the drug war before. And out of that investigation, the CHR has generated a report on EJK in relation to the drug war," Palpal-latoc said. The confirmation came following a question by Albay Rep. Edcel Lagman about the extent of cooperation the human rights watchdog intends to grant to the ICC as it previously declared that they are "willing to cooperate" into the drug war probe, which has resulted "in thousands of extra-judicial killings, particularly the impoverished and marginalized drug suspects." About 7,000 people were killed under Duterte's drug war, based on the government's data, the majority of whom were from low-income families. However, local and international human rights organizations estimate it exceeded 30,000. According to Palpal-latoc, they are willing to supply the ICC evidence that the CHR already gathered in the previous investigation. However, he stressed that since the agency has yet to learn the details of the case filed in the ICC, the parameters of their cooperation are unknown. This, however, did not sit well with Lagman, asserting that the CHR should have been aware of this matter, taking into account the accusation made openly and publicly. According to the veteran lawmaker, CHR's pronouncement of cooperation without initiating communication with the ICC was merely a "soundbite" and a "press release" for the media. "Why don't you know? It's an open and public accusation before the ICC against the culprits in this war on drugs. Do you have a copy of the accusation brought before the ICC by some affected victims and advocates?" Lagman said. "You are fully aware that the official position of the national government is not to cooperate with the ICC and that bold statement is, in fact, a challenge to that position," he added. Palpal-latoc, on the other hand, countered that the CHR is "not a party" to the ICC investigation. Nonetheless, the CHR chief said that they are willing to provide legal assistance to the victims of human rights violations as well as witness protection pursuant to their mandate. Calls were made to cease the ICC's probe into Duterte's "war on drugs" that claimed thousands of lives during his six years of power that started in 2016. Justice Secretary Boying Remulla maintained a firm stance that the country would not engage in the ICC, claiming that the Philippine government would not let the court interfere in the country's business. Senator Bato de la Rosa, who led Duterte's anti-drug campaign, locally known as "Oplan Tokhang" previously said that he is ready in case a warrant of arrest has been served, but only by Philippine authorities and not by any foreigner directed by the ICC. The former PNP chief and Vice President Sara Duterte were the Philippine officials mentioned in the ICC prosecutor's report on the killings. The post CHR to cooperate with ICC on drug probe appeared first on Daily Tribune......»»
ICTSI’s Poland port expands Asia links
Baltic Container Terminal, or BCT, the business unit of International Container Terminal Services Inc. or ICTSI in Poland, has inaugurated its first-ever direct container connection with Chinese and Korean ports — a move that will open up new opportunities for the company’s container transport development. In a report on Monday, ICTSI confirmed that BCT received the first direct call from Mediterranean Shipping Company’s or MSC SWAN service on 23 August. The service links ports in Europe and the Far East and provides the Port of Gdynia with a direct connection to the Chinese and Korean ports. Revised port rotation Following the development, the recently revised port rotation now includes Qingdao — Busan — Ningbo — Yantian — Tanjung Pelepas — Antwerp — Gdynia — Gdansk — Klaipeda — Bremerhaven — King Abdullah Port — Singapore — Qingdao. The addition of Busan to this rotation enables a direct connection between the port of Gdynia and South Korea, according to the company. “I would like to congratulate MSC and the Port of Gdynia, for this historic moment in which we inaugurated the first-ever direct container connection with Chinese and Korean ports. This milestone redefines the status of BCT and the entire Port of Gdynia. We are changing its role from the current feeder port to a full-fledged maritime import and export gateway,” BCT chief executive officer Wojciech Szymulewicz said. Szymulewicz noted that expanding direct calls allows the company to extend further its intermodal offer to new markets, including Ukraine and other Central European countries. SWAN’s service maiden call The SWAN service’s maiden call to BCT was marked by the arrival of the 318-meter box ship KURE, which discharged 1,320 containers and will take almost 2,000 containers on the return journey. The MSC DOMNA X, another ship operating the SWAN service and sailing directly from the Far East, called on BCT on 28 August. Back in 2003, the Razon Group’s secured a 20-year concession deal from the Port Authority of Gydnia to develop, operate, and manage the container terminal in Pomerania, Gydnia, Poland. ICTSI purchased Baltycki Terminal Kontenerowy Sp. z. o. o., which had held the lease to the terminal. The post ICTSI’s Poland port expands Asia links appeared first on Daily Tribune......»»
Business calls for return of MIAA top execs
It is rare for the leading business organizations of the country to openly and vigorously support public officials that they believe have been wrongly treated. However, this past week, this is actually what happened......»»
PLDT bolsters alignment with global climate reporting standards
Leading integrated telecommunications company PLDT Inc. continues to strengthen its alignment with global standards for climate action as it benchmarks with the 2023 disclosure system of the CDP. Previously known as the “Carbon Disclosure Project” and recognized globally by investors, cities and corporates, CDP provides guidance on climate-focused reporting metrics and facilitates an independent scoring on progress in terms of governance, risk management, target and performance and emissions data, among others. For its 2022 CDP assessment, PLDT received a “B” or a “Management” rating, signifying that the company has measures in place to manage its business impact on the environment. This was a significant improvement from its “C” or “Awareness” rating in 2021 and 2020 consecutively. Results of the 2023 CDP assessment are expected to be released by 2024. “Climate action is integral to our strategy of embedding sustainability in the way we do business. As this discipline calls for continuous learning and collaboration, we aim to maximize opportunities to adopt and align with global best practices and reporting standards,” said PLDT first vice president, chief sustainability officer and head of investor relations Melissa Vergel de Dios. PLDT’s environmental management measures include a decarbonization roadmap that targets Scope 1 and Scope 2 greenhouse gas emissions reduction by 40 percent by 2030, from a 2019 baseline. This target is underpinned by the company’s expansion of renewable energy use, operational eco-efficiency measures and green technology adoption for its network and data center rollout. As CDP underscores the importance of assessing and identifying climate risks, PLDT earlier reported on its conduct of a comprehensive and third-party aided climate risk assessment that guides its strategies for disaster-proofing its digital infrastructure and institutionalizing business continuity measures across its organization. The company also integrated climate expertise in the composition of its board of directors, with the recent appointment of Fr. Roberto C. Yap, S.J. as a member of its advisory committee. Yap, S.J. holds a PhD in Environmental Economics from the University College London and is slated to contribute to PLDT’s thrust of strengthening its climate governance and management approach. These efforts demonstrate PLDT’s support for the goals of the Paris Agreement and contribution to the United Nations Sustainable Development Goals, particularly Goal 9 on Industry, Innovation and Infrastructure, and Goal 13 on Climate Action. The post PLDT bolsters alignment with global climate reporting standards appeared first on Daily Tribune......»»