BusinessWorld B-Side
By BusinessWorld
BusinessWorld B-SideSep 26, 2021
The corporate benefits of hiring PWDs
Is it costly to hire with persons with disabilities, or PWDs? Are PWDs only limited to certain roles? In this B-Side episode, BusinessWorld speaks with Grant Javier, executive director of Project Inclusion Network, about the most common misconceptions surrounding PWD employees, as well as the benefits of hiring them.
Recorded remotely on March 21, 2024. Produced by Arjale Jayrie G. Queral.
Miscommunication is at the heart of startup failures
Contrary to popular belief, it's not only the lack of funding that spells doom among startup teams.
In this B-Side episode, BusinessWorld speaks with Martin Gonzalez, creator of Google's Effective Founders Project, about co-founder conflicts, quality disagreements, and the necessity of having difficult conversations very early in a partnership.
Safeguarding the Philippine gambling sector from online scams
Online gambling has evolved, thanks to advancements in technology and innovations within the industry. With this evolution, however, also comes the rise of sophisticated gambling fraud.
In this B-Side episode, BusinessWorld speaks with Frederic Ho, Jumio Corporation's vice president of Asia Pacific, on how online gambling has evolved, and how both consumers and the authorities can protect themselves against fraudsters in this digital space.
Recorded on March 21, 2024. Produced by Earl Lagundino.
Forging the future of AI: Women can take the lead
More than giving us answers and ideas in seconds after typing in our prompts, generative artificial intelligence (genAI) is increasingly appreciated as a tool that can positively impact businesses. According to the latest study by the IBM Institute for Business Value entitled, “Forging the future of AI: Women can take the lead” genAI, alongside disrupting workflows, gives women "a once-in-a-career opportunity to gain equal footing.”
In this special edition of BusinessWorld B-Side, in partnership with IBM Philippines, Commercial Territory Sales Leader Christine Llanto-Ravelo explores the unique opportunities genAI opens to women in workplaces and boardrooms.
The sweet rewards of cacao farming in the Philippines
To cap off 2023, the BBC released its 100 Women list, naming women who have inspired and influenced people worldwide.
Among those on the list are former US First Lady Michelle Obama and human rights lawyer Amal Clooney, and a 25-year-old Filipina farmer and entrepreneur named Louise Mabulo.
Ms. Mabulo, the daughter of San Fernando Camarines Sur mayor Fermin Mabulo, joins 27 other Climate Pioneers in the list. She was lauded for her efforts in setting up The Cacao Project, which according to the BBC "aims to revolutionize local food systems through sustainable agroforestry."
In this B-side interview, the 100 Women-lister extols the virtues of cacao as a crop, changing the face of farming in the Philippines, and how growing up Filipino can make one sensitive to climate change.
Philippines, Taiwan, and the uncertain future
The Philippines is so close to Taiwan that, as the old joke suggests, one could swim across the Bashi Channel to get there. Their connection goes beyond that, with the future of their geopolitical fates in question.
In this B-Side episode, Girard Mariano L. Lopez, a Filipino student in Taiwan and representative of the Asian pro-democracy group Milk Tea Alliance, discusses with BusinessWorld reporter Beatriz Marie D. Cruz how activists from the Philippines and Taiwan see the tensions with China.
SMEs and the growing risks of cyberattacks
Small and medium enterprises (SMEs) face cyberattack risks due to their less advanced technologies, making them susceptible to breaches.
Many of these businesses are not aware that cyberattacks could have severe consequences, according to a cybersecurity expert.
In this B-Side episode, Daniel Bernard, chief business officer of cybersecurity technology company Crowdstrike, discusses with BusinessWorld reporter Jomel R. Paguian the looming threat of cyberattacks against SMEs and explores strategies to combat them.
Augmenting human capabilities and creativity with generative AI
The constant pursuit of innovation is a testament to human’s inherent curiosity and creativity. With the advancement of technology, people are constantly seeking innovative solutions to enhance their efficiency and productivity. In this regard, generative artificial intelligence (AI) is one of the most promising technologies, which complements human capabilities, augments creativity, and drives progress in various fields.
In this B-Side episode, David Hardoon, chief data and AI officer at Union Bank of the Philippines and chief executive officer of Aboitiz Data Innovation, discusses with BusinessWorld Multimedia Editor Arjay L. Balinbin the capabilities of Generative AI.
Destigmatizing mental health discussions in the workplace
Breaking down the stigma surrounding discussions about mental health challenges is crucial, especially in workplaces where employees might be hesitant to share their struggles, fearing judgment regarding their professional capabilities, a mental health expert said.
In this B-Side episode, Gia Sison, national adviser of the Youth for Mental Health Coalition, discusses with BusinessWorld reporter Jomel R. Paguian the potential benefits of addressing mental health in the workplace for both employers and employees.
The case for growing vegetables in one’s backyard
Home gardening has benefits beyond the purpose of serving as a diversion from the pandemic. In this B-Side episode, multimedia producer Patricia Mirasol speaks with Ma. Elena P. van Tooren, executive director of East-West Seed Foundation, about home gardening, the types of vegetables to grow in tropical countries, and tips for budding urban gardeners.
East-West Seed Foundation is the corporate social responsibility arm of East-West Seed Philippines, which breeds tropical vegetable seed varieties.
Monopolized power and election-related violence in the Philippines
Elections in the Philippines have evolved into brutal political competitions over the years, with the persistent claims of general peace and safety often overshadowing the reality of election-related incidents (ERIs).
In this B-side episode, Rona Ann V. Caritos, executive director for the Legal Network of Truthful Elections (LENTE), discusses with BusinessWorld reporter Miguel Hanz L. Antivola the prevailing history and implications of election-related violence for Philippine democracy.
Understanding the risks posed by fake and low-quality drugs
Fake and low-quality medicines have become more common and are being sold at lower prices through online platforms.
In this B-Side episode, Monash University professor Michelle McIntosh discusses the effects of subpar medication on the overall health of people with BusinessWorld reporter Adrian H. Halili.
The repayment slowdown: Insights on Filipino debt trends
As household savings were depleted during the pandemic, more Filipinos relied on credit to manage their daily expenses.
Now, with the rising cost of living due to inflation and higher interest rates for borrowing money, consumers are struggling to repay their debts.
This reality is reflected in Collectius’ own internal data, which shows a slowdown in debt repayment rates in the first half of this year compared to 2022, Marie Alexise Charisse Arboleda, head of operations at Collectius, tells BusinessWorld reporter Keisha B. Ta-asan.
How can Philippines restore Manila Bay?
Manila Bay has been exposed to rapid urbanization over the years and is now in need of rehabilitation.
In this B-Side episode, Jerwin Baure, a marine science researcher, discusses with BusinessWorld reporter Sheldeen Talavera how Manila Bay has changed over the years and how it can be restored.
Future-proofing Philippine education with technology
The Philippine education sector must maintain the strides it has made in technology adoption to upgrade teaching methods and prepare students for future jobs that require a deep understanding of technology, an expert said.
Modern digital education platforms offer educators data that can help address students' needs.
In this B-Side episode, Ryan Lufkin, vice president of Global Strategy at Instructure, a New York-listed education technology innovator, discusses with BusinessWorld reporter John Victor D. Ordoñez how modern technology can be used to ensure that Philippine education remains relevant.
Divorce in the PHL: Reimagining Filipino norms and values
Divorce is quite a taboo topic in the predominantly Catholic Philippines. Lobbying for divorce has mapped its way into Filipinos’ understanding of the State, religion, family, abuse, principle, and love.
In this B-side episode, Athena Charanne R. Presto, a sociologist and policy consultant for the United Nations Development Programme, discusses with BusinessWorld reporter Miguel Hanz L. Antivola the challenges and sociocultural implications of enacting divorce in the Philippines. Recorded remotely on Oct. 9, 2023.
Steering clear of financial predators: Lessons for PHL MSMEs from Mongolia
Loan sharks, or informal lenders, exploit small businesses with exorbitant interest rates.
In this B-Side episode, Baasandorj Davaasuren, chief business development officer of fintech solution company AND Global, discusses with BusinessWorld reporter Aaron Michael C. Sy some learnings from Mongolia’s experience with loan sharks, aiming to guide micro, small, and medium enterprises (MSMEs) in the Philippines. AND Systems, the R&D subsidiary of AND Global, is based in Ulaanbaatar, Mongolia.
From joyful living to empowering spaces: The impact of interior design
Good design offers numerous benefits, including its potential to enhance daily life, boost business efficiency, empower marginalized groups, and improve public spaces, according to an expert.
In this B-Side episode, Nina Santamaria, principal designer of interior design firm Grupo Santamaria, talks to BusinessWorld senior reporter Joseph L. Garcia about the benefits of good design for business, how lives can be transformed through well-planned spaces, and designing for marginalized communities.
Beyond handshakes: In search of a diplomatic silver lining amid South China Sea tensions
For the longest time, the Philippines has maintained a modest relationship with its Southeast Asian neighbors. Recurring tensions in the South China Sea have left the ten-member Association of Southeast Asian Nations (ASEAN) seeking clarity on how to navigate potential conflicts with China, even with the involvement of the United States.
In this B-Side episode, Herman Joseph S. Kraft, a political science professor at the University of the Philippines, discusses with BusinessWorld reporter Beatriz Marie D. Cruz the ways in which ASEAN can leverage its already strong ties to protect peace within its waters.
Exploring the nation-building role of industrial engineers
Industrial engineering, or IE, is an often-overlooked field of engineering that deals with cutting costs, increasing savings, and making improvements to systems. In the Philippines, industrial engineers have been responsible for many such improvements, like streamlining product lines to make them more efficient and adjusting vaccination queues to accommodate more people.
In this B-Side episode, Philippine Institute of Industrial Engineers (PIIE) Founder Rodel “Audi” E.C. Adiviso and current president Jerry A. Lim talk to BusinessWorld reporter Bronte H. Lacsamana about how IE can fix modern-day systems and develop in the age of digital transformation.
Ghost Month and the stock market
Ghost Month, a tradition deeply rooted in Chinese culture, has fascinated financial analysts for years.
In this B-Side episode, Carlos A. Temporal, a senior equity research analyst at Unicapital Securities, Inc., discusses the impact of Ghost Month on the stock market with BusinessWorld reporter Justine Irish DP. Tabile.
Love unbounded: ‘Ethical non-monogamy’ explored in PHL setting
Parallel, garden party, and kitchen table — these are just some of the many ways to practice ethical non-monogamy.
In this B-Side episode, Drew O’Bannon, founder of sex education platform Now Open PH, talks to BusinessWorld reporter Luisa Maria Jacinta C. Jocson about ENM in the Philippines.
What PHL education should look like in the AI era
A significant portion of what has traditionally been taught in tertiary education has lost its relevance in the present, according to Hyper Island Institute of Higher Education, a digital creative business school.
In this episode of B-Side, Peachy Pacquing, managing director at Hyper Island Singapore, speaks with BusinessWorld reporter Ashley Erika O. Jose about the need for transformative education, characterized by meta-learning, or learning how to learn.
PHL’s battle against fake news on West Philippine Sea
China's increased aggression in the South China Sea has made it more challenging for the Philippines, now regarded as an Asian middle power, to ignore the situation, an analyst said.
On Aug. 5, the Chinese Coast Guard, backed by its maritime militia and People’s Liberation Army ships, fired water cannons to block a resupply mission to a Philippine military outpost on Second Thomas Shoal. The shoal is located about 200 kilometers from the Philippine island of Palawan and over 1,000 kilometers from China’s nearest major landmass, Hainan Island.
Central bank digital currency deployment: Insights from IMF
The Bangko Sentral ng Pilipinas (BSP) needs to be properly prepared to deploy central bank digital currencies (CBDCs), as these virtual currencies might pose risks to banks, according to the International Monetary Fund (IMF).
Tommaso Mancini-Griffoli, deputy division chief in the Monetary and Capital Markets Department at the IMF, said in an interview during the IMF Spring Meetings in April that if consumers find a more convenient payment method, such as using CBDCs, they might opt not to deposit money in banks.
“If there is an alternative that allows us to make payments perhaps even more easily, and that is perhaps even safer as a store of value, we might switch to that. CBDC might well be that form of money that is just as liquid and convenient for me to make payments, perhaps more so,” Mr. Mancini-Griffoli told BusinessWorld reporter Keisha B. Ta-asan.
Building stronger healthcare
How are Philippine hospitals evolving after the pandemic? What important lessons have they learned from the crisis? In this B-Side episode, BusinessWorld reporter Patricia B. Mirasol speaks with Eugenio F. Ramos, president and group chief executive officer of The Medical City (TMC), about the importance of public-private partnerships, embracing technology, and addressing staff-related difficulties.
Advancing the Philippine coffee industry
The local demand for coffee outpaces its production in the Philippines, according to an industry expert.
This unmet need bodes well for farmers seeking credit from typically risk-averse financial institutions.
In this B-Side episode, TJ Ryan, chief of the party of Philippine Coffee Advancement and Farm Enterprise (PhilCAFE), talks to BusinessWorld reporter Patricia B. Mirasol about post-harvest handling, agricultural lending, and leveraging public-private partnerships in the Philippine coffee industry.
PhilCAFE is a project focused on Philippine coffee and funded by the United States Department of Agriculture.
Revolutionizing coconut farming in the Philippines
Given their higher yield and early bearing characteristics, coconut hybrids offer Filipino coconut farmers a means to improve production, according to an expert.
In this B-Side episode, Leilani D. Pelegrina, director at the Department of Science and Technology-Philippine Council for Agriculture, Aquatic, and Natural Resources Research and Development (DoST-PCAARRD), discusses the impact of coconut hybridization on coconut farming with BusinessWorld reporter Patricia B. Mirasol.
Japan's nuclear water release: Relevance to Filipinos
Japan is planning to release 1.3 million tons of treated water from the Fukushima Daiichi Nuclear Power Plant into the Pacific Ocean, which covers more than one-third of the planet.
The power plant's regulators, and even the government of Japan, say that the release will not cause any harm to the world's oceans, but fisherfolk and activists from different countries surrounding the Pacific, including the Philippines, say otherwise.
In this B-Side episode, Gregg Yan, founder and executive director of the environmental group Best Alternatives, discusses with BusinessWorld reporter Beatriz Marie D. Cruz why Japan's planned release of treated water from its nuclear power plants should matter to Filipinos.
This podcast episode was recorded remotely on June 22, 2023.
Press freedom in PHL: Challenges, impact, and way forward
The Philippines needs to work on ensuring the safety and freedom of journalists to report reliable developments on national issues, despite its improved world press freedom ranking in six years, the National Union of Journalists of the Philippines (NUJP) said.
In this B-Side episode, NUJP Chairperson Jonathan de Santos discusses the current roadblocks to a free press in the Philippines and its potential impact on investors and the economy with BusinessWorld reporter John Victor D. Ordoñez.
Sari-Sari stores: Balancing community care and business dynamics
In various cities and barangays (villages) without proper road infrastructure, sari-sari stores, or small neighbourhood shops, have emerged as a crucial lifeline, supporting both the local economy and the daily needs of residents, according to sari-sari store startup Packworks.
In this B-Side episode, Andres Montiel, Packworks' chief data officer, discusses with BusinessWorld reporter Revin Mikhael D. Ochave the significant role sari-sari stores play in communities and the national economy.
This podcast episode was recorded remotely on May 27, 2023.
How common tower companies help boost digital transformation
The Philippines' mobile network operators (MNOs) are now using shared towers to accelerate and lower the cost of digital transformation in the country as a result of the government's common tower policy.
In this B-Side episode, Suresh Sidhu, chief executive officer and founder of EdgePoint Infrastructure Sdn. Bhd., speaks with reporter Miguel Hanz L. Antivola how telecommunications infrastructure companies support the Philippines' digital transformation.
Recorded remotely on June 5, 2023.
PHL potential as a key player in global semiconductor industry
The Philippine government needs to invest more in the local semiconductor industry to boost its competitiveness globally, according to RS Group PLC, an electronics and industrial products distributor.
In this B-Side episode, Sean Fredericks, the President of RS Asia-Pacific, discusses with reporter Sheldeen Joy Talavera the potential of the Philippines to become a key player in the industry.
"The Philippines itself is a critical player in the global semiconductor industry... The country's strategic location provides crucial access to the Southeast Asian market through international shipping and air routes,” he said.
He also said that the country's English-proficient population and strict adherence to intellectual property protection and international labor laws make it an attractive investment destination.
The B-Side episode was recorded remotely on May 23, 2023.
How PHL banks can boost digital adoption
Banks are now actively working to make their operations digital. They want to reduce the reliance on physical cash and move towards a cash-lite economy. This means finding ways to automate their processes and make them available online.
By doing so, they hope to provide customers with convenient and secure digital banking experiences.
In this B-Side episode, Kissflow's chief executive officer, Suresh Sambandam, discusses with BusinessWorld reporter Aaron Michael C. Sy how banks can accelerate digital adoption.
Recorded remotely on May 22, 2023.
How AI is reshaping the academic landscape
Philippine institutions have expressed concerns and optimism regarding the use of artificial intelligence (AI), seeing it as both a potential challenge and an opportunity, according to plagiarism checker Turnitin.
In this B-Side episode, Jack Brazel, regional director and spokesperson at Turnitin Southeast Asia, speaks with reporter Miguel Hanz L. Antivola about the current state of AI in Philippine academia.
Recorded on May 11, 2023.
Advertising in ever-changing media: Navigating disruptions
Advertising has come a long way from traditional paper and ink, and with today’s boom in social commerce and artificial intelligence, the space continues to witness rapid changes, associations, and niches that push the boundaries of product consumption.
A battle for brand reach, attribution, performance, and transparency is rapidly evolving, according to Entravision. Finding, engaging, and retaining customers has become more challenging with the increasing host of strategies to tell a story and sell a product effectively.
In this B-Side episode, Juan Saldivar, chief digital, strategy and accountability officer at Entravision, talks to reporter Miguel Hanz L. Antivola about the fundamental aspects of advertising, as well as the disruptions in the field that are turning into new beginnings.
Recorded physically on May 4, 2023.
Romualdez on expanding PHL-US economic ties
At a time when the US Congress is not keen on any kind of free trade agreement (FTA) with the country, the Philippine Embassy in the United States is working on alternative measures to expand the country's economic ties with the world's biggest economy.
In this B-Side episode, Jose Manuel “Babes” D. Romualdez, Philippine ambassador to the United States, explains to BusinessWorld reporter Keisha B. Ta-asan how crucial it is to renew the country's participation in the US Generalized System of Preferences (GSP) trading scheme.
Recorded physically on April 14, 2023.
Shoppertainment: The rise of livestreaming commerce
Shoppertainment is seen as a more authentic form of advertising, as it provides a personal touch and allows businesses to interact with consumers in real time, according to an expert.
In this B-Side episode, Pierre Faucher, country manager of Intrepid Philippines, talks to reporter Patricia Mirasol about the opportunities in shoppertainment.
Recorded remotely on April 18, 2023.
Nuclear power plants: Health impact
Nuclear power plants are “cancer factories,” and the Philippines is better off growing its renewable energy industry, according to Helen Mary Caldicott, a Nobel Peace Prize nominee and founder of Physicians for Social Responsibility and Women’s Action for Nuclear Disarmament.
In this B-Side episode, she talks to reporter Alyssa Nicole O. Tan about the health risks and financial costs of pursuing nuclear energy.
Who should get a pet?
Filipinos love their pets, and demand for vet services did not wane all throughout the pandemic, said Richard P. Encomienda, a veterinarian from the Vets in Practice hospital.
In this B-Side episode, he talks to reporter Patricia Mirasol about his life as a vet, and imparts advice for people considering getting a pet.
It is important to consider both your lifestyle and financial situation when deciding to become a pet owner, Mr. Encomienda said.
“As long as the pet is alive, it’s your responsibility, your commitment, to keep it healthy and happy,” he said. “Research on the breed. Some breeds need to be outside more often, like Labradors or retrievers. If you get a smaller breed, they can be let out once a day.”
A dog’s lifespan is anywhere between 10-13 years, although there is variability among breeds and sizes. A cat’s lifespan, meanwhile, is typically 16 years.
Dogs are five times more popular than cats in the Philippines.
Big dogs require two 20-kilogram sacks of dog food a month, with midrange brands costing P6000-10,000 per month for that amount of food.
“That doesn't include yearly vaccines; that would be around P1500. Plus, if you include heartworm prevention, [then you would need to shell out more],” Dr. Encomienda added.
Topics related to animals and pets were among the top five Facebook and Instagram Reels (or short-form videos) in the Philippines for the first three quarters of 2022, according to Meta.
Despite the costs of being a fur parent, demand for vet services did not abate during the first series of lockdowns in 2020, Dr. Encomienda told BusinessWorld.
“Business was stable,” he said. “People just walked in [pre-COVID-19], but the pandemic forced us to set up appointments.”
Recorded remotely on January 11, 2023.
Filipino consumer sentiment and economic headwinds
Filipino consumers are seen to be 'cautiously optimistic' this year as they face persistently high inflation and a looming global recession, but are also banking on higher incomes due to eased mobility restrictions.
In this B-Side episode, Amrita Mitra, chief operating officer of TransUnion Philippines, talks to BusinessWorld reporter Luisa Maria Jacinta C. Jocson about consumer sentiment in the Philippines amid the reopening of the economy and high inflation.
“There is a dichotomy in the consumer sentiment in the Philippines. On one side, there is an element of being able to spend, getting higher incomes with the entire phase of the lockdown being lifted, so there’s kind of a bullish positive sentiment. However, with rising interest rates and inflation, there is also a cautiousness to this optimism,” Ms. Mitra said.
Ms. Mitra said Filipinos are excited to spend but conscious that the economy may falter later in the year.
Nearly 80% of Filipinos anticipate an increase in their incomes this year, and around 60% expect that they will able to settle their bills, debts, and other obligations, according to TransUnion’s recent consumer sentiment report.
Almost half or 42% of consumers expect the Philippines to go into a recession. “But the experience or what they're seeing in terms of raised income and increased spending is leading to the mixed sentiment,” Ms. Mitra said.
Sticky inflation and rising interest rates have also become a top concern for Filipino consumers.
“This has been a consistent concern. Around 82% claim they are concerned about rising inflation. This is closely followed by rising interest rates, how it impacts their ability to save, pick up new loans, pay off existing loans, and how easy or difficult it will be to for non-financial sectors to access credit,” Ms. Mitra said.
Ms. Mitra also discussed the importance of instilling financial awareness and literacy in Filipinos.
“What’s your spending capacity? How much do you need to save? These points become important as Filipinos go about their daily to avoid the pitfall of spending or borrowing more than they can afford,” she said.
Recorded remotely on Feb. 24, 2023.
Making digital platforms accessible for PWDs
Many digital platforms today lack inclusive features, such as live captioning, screen reader access, and contrast themes, which would benefit persons with disabilities (PWDs).
In this B-Side episode, Pauline B. Malabanan and Hazel Joy Borja from the Leonard Cheshire Disability Philippines Foundation, Inc., who respectively serve as an administration and human resources officer and executive director and programs manager, discuss with BusinessWorld reporter Justine Irish D. Tabile the need to ensure that digital platforms are accessible for persons with disabilities.
“The COVID-19 pandemic accelerated the challenges faced by persons with disabilities and the socio-economic impacts are really massive,” Ms. Borja said.
“Most of the digital platforms, especially during the height of COVID-19 pandemic, were used mainly by the mass population, but the accessibility features of these digital platforms make it challenging for persons with disabilities for them to access these online platforms,” Ms. Malabanan said.
Ms. Malabanan also emphasized the importance of providing capacity building within the community of individuals with disabilities, so they can learn how to use these digital platforms and increase their participation.
“If there's an increased awareness, there will be an increased participation for persons with disabilities, especially right now that most of our processes are being digitalized. it's very important that no one will be left behind,” she said.
Persons with disabilities continue to advocate for an inclusive world that provides equal opportunities to ensure their meaningful participation.
Produced by Joseph Emmanuel L. Garcia, Earl R. Lagundino, and Patricia B. Mirasol
Locally made craft chocolate and the Filipino identity
Mark M. Ocampo, Auro Chocolate’s managing director and one of its co-founders, tells BusinessWorld reporter Brontë H. Lacsamana that craft chocolate lets the inherent flavor characteristics of directly sourced cacao come through in the final product. This allows local chocolates to reflect the Filipino identity.
“The whole point of craft is having a more responsible and direct relationship with the farmers, communities, raw materials, and ingredients,” he said. “We want to have this closer connection so we have more control in terms of the quality that we produce.”
Auro Chocolate, which takes pride in being locally sourced and locally made, is on a mission to prove that the Philippines has a lot more to offer in terms of chocolate.
Protecting artists and valuing creativity
Jennifer Lee-Bonto, executive director of Artists’ Welfare Project Inc. (AWPI), speaks to BusinessWorld reporter Beatriz Marie D. Cruz about pursuing your passion while paying attention to the practicalities of life.
AWPI was founded in 2007 as a help desk for artists who, prior to the founding of AWPI, had to pass the hat every time the aches and pains of performing would catch up with them.
“We just need to stop the notion that we are ... ‘starving artists,’" says Ms. Bonto. “Give them [artists] a proper contract and pay them on time.”
Recorded remotely in January 2023. Produced by Joseph Emmanuel L. Garcia and Sam L. Marcelo.
Filipino nurses: Heroes who can't afford houses
Hailed by the Duterte and Marcos administrations as the country’s new heroes—mga bagong bayani—nurses bore the brunt of the coronavirus disease 2019 pandemic along with doctors and other frontliners.
In this B-Side episode, Monina A. Hernandez, a clinical nurse specialist who left the Philippines, talks to BusinessWorld reporter Patricia B. Mirasol about why Filipino nurses leave and what the government might do to make them stay. “We are human beings. We have needs. Raise the salary of nurses [so it can] address the need for commodities and housing,” said Ms. Hernandez.
Recorded remotely in Dec. 2022. Produced by Joseph Emmanuel L. Garcia and Sam L. Marcelo.
More red flags raised by the Maharlika Investment Fund
The current version of House Bill (HB) No. 6608, or the bill seeking to establish the Maharlika Investment Fund (MIF), still raises red flags, says Enrico P. Villanueva, a chief risk consultant and a senior lecturer of economics at the University of the Philippines Los Baños.
In this B-Side episode, he tells BusinessWorld reporter Keisha B. Ta-asan that the MIF will weaken the Bangko Sentral ng Pilipinas (BSP) and other government banks. “BSP is not supposed to dabble in private enterprises … BSP cannot invest in development financing,” Mr. Villanueva says, adding that the MIF resurrects the ghost of what happened to the Central Bank, which had to be dissolved after being bankrupted. “Haven’t we learned from the experience?”
Recorded remotely in December 2022. Produced by Joseph Emmanuel L. Garcia and Sam L. Marcelo.
Turning vegan
Nancy Siy, founder of Manila Vegans, explains to BusinessWorld reporter Ashley Erika O. Jose that veganism is not a plant-based lifestyle but a social justice movement grounded in morality and ethics. In this B-Side episode, she talks about the philosophy behind veganism: "We are beginning to acknowledge that animals are not machines or property. They are sentient beings."
Recorded remotely in December 2022. Produced by Joseph Emmanuel L. Garcia and Sam L. Marcelo.
The red flags raised by the Maharlika Investment Fund
The Maharlika Investment Fund is plagued by problems including bad timing, unfulfilled requirements, and governance red flags, according to economist and Action for Economic Reform convener Filomeno S. Sta. Ana III. “Right now, there’s a lot of volatility, so even if we have some level of comfort with our foreign exchange reserves, we must still build our reserves,” he tells BusinessWorld report Brontë H. Lacsamana in this B-Side episode.
Recorded remotely on Dec. 8, 2022. Produced by Joseph Emmanuel L. Garcia and Sam L. Marcelo.
PWDs and the rise of remote work
Persons with disabilities (PWDs) benefited from the rise of remote work over the pandemic, according to ATRIEV (Adaptive Technology for Rehabilitation, Integration and Empowerment of the Visually Impaired), an organization that helps PWDs find tech-oriented jobs.
In this B-Side episode, BusinessWorld reporter Justine Irish D. Tabile talks to ATRIEV executive director Antonio D. Llanes, Jr., and ATRIEV chief of operations Carolina C. Catacutan-Sam about the impact of online jobs on the stigma faced by PWDs in the job market.
“Persons with disabilities are not asking for special treatment, what we want is accommodation that is reasonable,” says Ms. Catacutan-Sam, who is totally blind.
Recorded remotely in November 2022. Produced by Joseph Emmanuel L. Garcia and Sam L. Marcelo.
'Everyone is a probable target': Cybersecurity for businesses big and small
Businesses regardless of size have to beef up their cybersecurity, says Angel T. Redoble, founder and chairman of the Philippine Institute of Cybersecurity Professionals (PICSPros) and first vice-president and group chief information security officer of the PLDT Group.
“Everyone is a probable target. We all have something cyberattackers want," Mr. Redoble tells BusinessWorld reporter Patricia B. Mirasol in this B-Side episode.
Recorded onsite in Pasay City on Oct. 6, 2022. Produced by Joseph Emmanuel L. Garcia, Earl R. Lagundino, and Sam L. Marcelo.