Friday, August 12, 2022
Philippines’ Richest 2022: Wealth of the Philippines’ 50 richest drops despite economic recovery
THE Sy siblings of the SM group and Manuel B. Villar Jr., are still the country’s richest persons, according to Forbes magazine but said many of the local tycoons’ wealth shrank from the…
Opinion
Our new enemy is complacency
Less than three weeks after President Marcos declared “no more lockdowns” in his first SONA, the Senate is implementing a “three-week lockdown” as it tightened its health and safety protocols amid surging Covid infections. Senators Alan Peter Cayetano, Imee Marcos and Cynthia Villar tested positive for Covid and are isolating, although they still attend sessions online. As of August 11,…
How do you solve a problem like Myanmar?
Foreign ministers of the Association of Southeast Asian Nations (Asean) debated extensively last week about the deteriorating peace and order in Myanmar, but they could not agree on how to deal with the junta, which has been undermining the integrity of the regional bloc. Foreign Affairs Assistant Secretary for Asean Affairs Daniel Espiritu said that Asean ministers’ “disappointment…
Living our own Dark Ages
Those years from the Fall of the Roman Empire to the birth of the Italian Renaissance from 500 to 1500 AD (these are estimates, of course) have always impacted our understanding of histories and civilizations. Popularly known as the “Dark Ages,” a term that makes use of the light-and-darkness binary, said periodization has undergone modern and postmodern readings. One of the main critiques…
The need for shock-responsive social protection
Social protection programs were originally established for formal sector workers. In recent years, though, it has expanded to marginalized sectors, especially those in the informal economy. With the onset of food, financial, and fuel crises in 2008, there has been increased discussion on forging better coherence between humanitarian assistance and social protection measures to reduce the…
Giving back to the elderly
Recently, we received some good news that among several bills that recently lapsed into law was the increase in the social pension for indigent senior citizens from the present P500 to P1,000 per month or from P6,000 to P12,000 annually. We filed this bill early in the 18th Congress as Senate Bill 133 and it is now officially known as Republic Act 11916. The social pension for indigent…
At 75, India seeks way forward in big but job-scarce economy
Even as India’s economy swells, so has joblessness. Raging unemployment is worsening insecurity and inequality between the rich and poor.It is perhaps Prime Minister Narendra Modi’s biggest challenge as the country marks 75 years of independence from British rule on August 15.
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From fish balls, Pampanga’s Mekeni starts selling tocino in US mainland
NEW YORK CITY—Following the retail success of its marine products that are selling briskly in the West Coast, Porac-based food processor Mekeni Food International (Mekeni) has continued to penetrate the US market as it starts to sell its tocino product and bring the rest of its products at…
Executive Views
Mayor Dennis Felipe C. Hain’s “Bagong Cabuyao”: Training for good governance and equal opportunities in education and health
‘I am a businessman, a father, a family man and now, I am the mayor of Cabuyao City. I will use these experiences to help me manage our city better.” This was the promise made by newly-elected Cabuyao City Mayor Dennis Felipe C. Hain in a recent interview with BusinessMirror. Cabuyao became…
Nation
PHL dengue cases continue to rise–DOH
The Department of Health (DOH) reported on Monday a total of 92,343 dengue cases from January 1 to July 23, 2022, cumulatively 118 percent higher as compared to the reported cases during the same period in 2021. DOH pegged the cases recorded during the same period last year at 42,294. Based…
World
Britain says new sanctions also impact Russia’s defense sector
KYIV, Ukraine—The European Union’s full ban on Russian coal imports kicked in on Thursday at a time when British defense intelligence said that Western sanctions were increasingly having an impact, even on Russia’s defense exports. Britain said that Moscow was already strained by the need to…
Economy
Sports
‘Diay,’ Asian Sprint Queen, 57
“I join the entire nation in mourning the untimely demise of former Asian sprint queen Lydia de Vega, after a four-year battle with breast cancer. My sincerest condolences to her family and loved ones. Lydia was once touted as the fastest woman in Asia and she placed the Philippines in the…
Life
Next-generation Ford Everest takes comfort, safety and ownership experience to the next level
The next-generation Ford Everest has officially made its local debut in the country, blending adventure-ready capability with exceptional comfort and customer-focused technology in a rugged, refined, and fun to drive SUV. Ford Philippines is also announcing that the next-gen Everest will come with a five-year warranty to enhance the ownership experience. The…
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Y2Z
Could a new probiotic supplement really cure your hangover?
A new anti-hangover supplement has gone on sale in the UK last month, marketed by Swedish firm Myrkl as “the pre-drinking pill that works.” The pill is said to break down up to 70 percent of alcohol after 60 minutes. This means that if someone drinks 50ml of 40-percent spirits, which…
A new gin from Japan for any and every meal
Suntory brings Sui to the Philippines, a new standard of gin. Sui Gin hails from a rich heritage, being from the same Suntory Osaka plant that produced the Hermes Gin in 1936 and Roku Gin in 2017. The creation and perfection of Sui Gin are based on more than 100 years of Suntory’s expertise…
Latest beer innovation serves new gen with something unexpectedly smooth
Heineken has launched its latest brewing innovation, Heineken Silver, a smooth, easy to drink and accessible tasting beer that provides Filipino drinkers with a premium alternative designed for today’s social gatherings. Brewed by seasoned master brewers using beautifully simple, natural…
Can job-hopping help retirement savings?
Millennials have been coined the “job-hopping generation,” and I’ve contributed to that stereotype. I started my career at 22 and have job-hopped almost every year since. For many of those years, I was young and restless, and there was another part of me looking for more fulfilling work and…
Why it’s more important than ever for workplaces to have staff well-being plans
A recent survey of New Zealand workplaces revealed more than a third have no workplace well-being plan in place. Yet it is necessary, now more than ever, for organizations to understand what a healthy work environment looks like and to provide it for their employees. The 2015 Health and…
Giving out flowers on TikTok: Random act of kindness or benevolent ageism?
In June, 22-year-old Harrison Pawluk filmed himself staging a “random act of kindness,” giving a bunch of flowers to an older woman sitting alone in a Melbourne food court. His video went viral on TikTok, attracting 57 million views within a week. Comments on the post included, “when she…
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The Broader Look
Skyrocketing sugar prices stoke industry liberalization stakes
CORON, Palawan and Manila—Many call it “dirty.” And they still eat it. Just ask these fifty-something entrepreneurs: Zosimo and Nelson who know the dirty ice cream business like the back of their palms. But an essential ingredient—refined sugar—has brought bittersweet success to their…
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