You plan to move to the Philippines? Wollen Sie auf den Philippinen leben?

There are REALLY TONS of websites telling us how, why, maybe why not and when you'll be able to move to the Philippines. I only love to tell and explain some things "between the lines". Enjoy reading, be informed, have fun and be entertained too!

Ja, es gibt tonnenweise Webseiten, die Ihnen sagen wie, warum, vielleicht warum nicht und wann Sie am besten auf die Philippinen auswandern könnten. Ich möchte Ihnen in Zukunft "zwischen den Zeilen" einige zusätzlichen Dinge berichten und erzählen. Viel Spass beim Lesen und Gute Unterhaltung!


Visitors of germanexpatinthephilippines/Besucher dieser Webseite.Ich liebe meine Flaggensammlung!

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Wednesday, November 2, 2022

Asteroid that may collide with Earth discovered



By Agence France-Presse November 2, 2022

One of the final images from the DART spacecraft, taken a few seconds before crashing into the asteroid Dimorphos. Photo/NASA website


WASHINGTON, D.C.: An international team of astronomers on Monday announced the discovery of a large asteroid whose orbit crosses that of Earth, creating a small chance far in the future of a catastrophic collision.

The 1.5 kilometer- (0.9 mile-) wide asteroid, named 2022 AP7, was discovered in an area notoriously difficult to spot objects due to the glare from the sun.

It was found along with two other near-Earth asteroids using a high-tech instrument on the Victor M. Blanco telescope in Chile that was originally developed to study dark matter.

"2022 AP7 crosses Earth's orbit, which makes it a potentially hazardous asteroid, but it currently does not now or anytime in the future have a trajectory that will have it collide with the Earth," said lead author of the findings, astronomer Scott Sheppard of the Carnegie Institution for Science.

The potential threat comes from the fact that like any orbiting object, its trajectory will be slowly modified due to myriad gravitational forces, notably by planets. Forecasts are therefore difficult on the very long term.

The newly discovered asteroid is "the largest object that is potentially hazardous to Earth to be discovered in the last eight years," said NOIRLab, a US-funded research group that operates multiple observatories.

2022 AP7 takes five years to circle the sun under its current orbit, which at its closest point to Earth remain several million kilometers away.

The risk is therefore very small, but in case of a collision, an asteroid of that size "would have a devastating impact on life as we know it," said Sheppard. He explained that dust launched into the air would have a major cooling effect, provoking an "extinction event like hasn't been seen on Earth in millions of years." His team's results were published in the scientific journal The Astronomical Journal. The two other asteroids pose no risk to Earth, but one is the closest asteroid to the sun ever found.

Some 30,000 asteroids of all sizes — including more than 850 larger than a kilometer wide — have been catalogued in the vicinity of the Earth, earning them the label "Near Earth Objects" (NEOs). None of them threaten Earth for the next 100 years.

According to Sheppard, there are "likely 20 to 50 large NEOs left to find," but most are on orbits that put them in the sun's glare.

In preparation for a future discovery of a more threatening object, NASA conducted a test mission in late September in which it collided a spacecraft with an asteroid, proving that it was possible to change its trajectory.

IATA: Convenience top priority

Published November 2, 2022, 11:32 AM

by Emmie V. Abadilla, MB

Simplification and convenience are travelers’ top concerns in the post-COVID crisis period, according to the International Air Transport Association (IATA)’s 2022 Global Passenger Survey (GPS) released last night (November 1).

“Travel during COVID-19 was complex, cumbersome and time consuming due to government-imposed travel requirements,” says Nick Careen, IATA’s Senior Vice President for Operations, Safety and Security.

“Post-pandemic, passengers want improved convenience throughout their trip. Digitalization and use of biometrics to speed up the travel journey is the key,” he maintained. 

Passengers want convenience when they plan their travel and when choosing where to depart from, the GPS revealed after collating over 10,000 responses from 222 countries. 

Their preference is to fly from an airport close to home, have all booking options and services available in one single place, pay with their preferred payment method and easily offset their carbon emissions.

In fact, proximity to the airport was the passengers’ main priority when choosing where to fly from (75 percent). This was more important than ticket price (39 percent).

Travelers were satisfied being able to pay with their preferred payment method which was available for 82 percent of travelers.

Having access to planning and booking information in one single place was identified as being top priority.

Some 18 percent of passengers said that they offset their carbon emissions, the main reason given by those that did not was not being aware of the option (36 percent).

“Today’s travelers expect the same online experience as they get from major retailers like Amazon,” observed Muhammad Albakri, IATA Senior Vice President Financial Settlement and Distribution Services. 

“Airline retailing is driving the response to these needs. It enables airlines to present their full offer to travelers. And that puts the passenger in control of their travel experience with the ability to choose the travel options that they want with convenient payment options,” he explained.

With regards to travel facilitation,

most travelers are willing to share their immigration information for more convenient processing.

A total of 37 percent of travelers admitted they have been discouraged from traveling to a particular destination because of the immigration requirements.

Process complexity was highlighted as the main deterrent by 65 percent of travelers, 12 percent cited costs and 8 percent cited time.

Where visas are required, 66 percent of travelers want to obtain a visa online prior to travel, 20 percent prefer to go to the consulate or embassy and 14 percent at the airport.

The bulk, 83 percent of travelers said they would share their immigration information to speed up the airport arrival process. While this is high, it is slightly down from the 88 percent recorded in 2021.

“Travelers have told us that barriers to travel remain,” Careen pointed out.

Countries with complex visa procedures are losing the economic benefits that these travelers bring. Where countries have removed visa requirements, tourism and travel economies have thrived.

And for countries requiring certain categories of travelers to get visas, taking advantage of traveler willingness to use online processes and share information in advance would be a win-win solution, he noted.

As for airport processes, passengers are willing to take advantage of technology and re-thought processes to improve the convenience of their airport experience and manage their baggage.

Passengers are willing to complete processing elements off-airport, with 44 percent identifying check-in as their top pick for off-airport processing.

Immigration procedures were the second most popular “top-pick” at 32, followed by baggage.

And 93 percent of passengers are interested in a special program for trusted travelers (background checks) to expedite security screening.

Also, passengers are interested in more options for baggage handling, with 67 percent interested in home pick-up and delivery and 73 percent in remote check-in options.

Most, 80 percent of passengers, stated they are more likely to check a bag if they could monitor it throughout the journey while 50 percent would be interested in using an electronic bag tag.

Interestingly, passengers see value in biometric identification, with 75 percent wanting to use biometric data instead of passports and boarding passes.

Over a third have already experienced using biometric identification in their travels, with an 88 percent satisfaction rate.

But data protection remains a concern for about half of travelers.

“Passengers clearly see technology as key to improving the convenience of airport processes,” Careen stressed.

“They want to arrive at the airport ready-to-fly, get through the airport at both ends of their journey more quickly using biometrics and know where their baggage is at all times.”

“The technology exists to support this ideal experience. But we need cooperation across the value chain and with governments to make it happen,” he noted.

“And we need to continuously reassure passengers that the data needed to support such an experience will be safely kept.”

The industry is ready to power airport processes with biometrics through IATA’s One ID initiative.

COVID-19 has helped governments understand the potential for passengers to share their travel information and the power of biometric processes to improve security and facilitations processes.

The proliferation of e-gates at airports is proving the efficiencies that can be gained.

The priority now is to support the OneID standards with regulation to allow its use to create a seamless experience across all parts of the passenger journey.

Ruffa Gutierrez proud of her daughters who value education

Published November 2, 2022, 11:12 AM

by Robert Requintina, MB

Ruffa Gutierrez (Facebook)

Actress Ruffa Gutierrez is proud of her daughters Lorin and Venice Bektas who really care about education.

At the launch of her lifestyle brand “Gutz and Glow” at the Hilton Manila at Newport World Resorts in Pasay City recently, Ruffa also said that she’s so inspired to work hard for them.

“I am very inspired because my eldest daughter who’s now a sophomore at Pepperdine University and we miss her so much will soon be launching her own brand for 2023. 

“I guess both my daughters are inclined to stay in the fashion or beauty industry if that’s what they want. Venice is 18 and she also wants to launch her own products,” the former beauty queen said.

Ruffa, who recently starred as Imelda Marcos in the blockbuster movie “Maid In Malacanang,” believes she also inspired her teens to study hard.

“I think I have inspired them a lot in terms of finishing education. Gusto ko rin ipakita sa kanila that their mom was able to do it. So kayo, kailangan tapusin n’yo rin ang pag-aaral ninyo. I am giving them all the tools so that they would be able to finish. I work so hard as a single mom. Sabi ko yan lang ang gusto kong gift ninyo sa akin na makapagtapos kayo ng pag-aaral,” she said.

Ruffa Gutierrez (left and business partner Maricor Flores

In August, Ruffa announced that she finished her college studies through the Expanded Tertiary Education Equivalency and Accreditation Program (ETEEAP) of Philippine Women’s University (PWU). 

“I would not have been able to successfully embark on my educational journey without the continuous guidance of PWU‘s ETEEAP team of professionals and the immeasurable support of my loved ones,” she quipped.

Ruffa, 48, said that she will support her daughters if their heart is really into fashion, beauty or showbiz.

“They have offers to join showbusiness. In fact Lorin is under the Viva Artists Agency. Dapat ila-launch na siya but she opted to really finish her sophomore year. Importante talaga yung meron kang pinag-aralan. There’s something for you to fall back on,” she said. Venice, meanwhile, is in high school.

Ruffa added: “Especially now sa showbiz, stars come and go so quickly. The turn over is so fast. Hindi katulad ng mga artista noon na decades ang kanilang pagre-reyna at pagha-hari. Ngayon sabi ko, ‘my gosh who’s that? Then there’s another one. Oh goodness!’ In “Showtime,” I see all these new faces and I can’t memorize their names anymore. So for me, talagang importante na meron silang pinag-aralan. If you have talents naman, the doors will be opened in show business.”

Ruffa (center) and daughters Lorin and Venice Bektas (Facebook)

“Gutz and Glow is the newest lifestyle brand made of the finest functional ingredients and best antioxidants to provide complete skin and body care,” said Ruffa, who launched the brand in partnership with entrepreneur Maricor Flores.

Among the products in the lifestyle brand include Butt and Body Scrub, Disinfectant Hand Soap, Feminine Lightening Spray Mist, Luminous Hand Cream, Lustrous Hand Sanitizer, Blazing Hand Sanitizer, Makeup Remover Wipes, and Intimate Feminine Wipes. 

“These products will surely help empower everyone who has the gutz to conquer the odds, and exude the glow that will put everyone in awe,” said Maricor, Ruffa’s business partner and churchmate. Also joining them at the launch was John Flores, head of Gutz and Glow marketing team.

At the same media conference, fans can’t help but ask Ruffa about the status of her relationship with former Quezon City Mayor Herbert Bautista.

“You know I read an article and I forgot who wrote about it na kesyo natalo raw siya sa election, hindi na raw kami nagpapansinan or hindi ko na siya kinakausap,” said Ruffa when asked about Herbert at the same launch. “I think that’s wrong because they don’t know what really happens behind closed doors. Tuloy-tuloy ang communications. I believe that a private life is a happy life. What you see is what you get. So ano ba yung nakita ninyo kagabi?”

Last month, Ruffa and Herbert were on a date during the 70th birthday bash of talent manager Annabelle Rama at an exclusive club at the Bonifacio Global City.

Fans believe that Ruffa and Herbert were more than just friends, although she admits she enjoys his company.

Hours before her lifestyle brand was launched, Ruffa revealed Herbert wished her the best. “He just said break a leg. He’s very supportive and excited siya. Ang maganda naman kay Herbert he supports my dreams and goals. Hindi siya nakiki-alam sa mga gusto mong gawin sa buhay.”

Stocks to continue riding on higher earnings

by James A. Loyola, MB

The local stock market is seen to continue riding higher on positive corporate earnings reports as well as the firmer Peso although weak volume in past days call for caution.

“This week, the local market may extend its climb with anticipation of third quarter corporate earnings giving a boost to sentiment,” said Philstocks Research Manager Japhet Tantiangco. 

He added that, “The Peso’s position above the 58.00 per US Dollar level, if sustained may also strengthen the market’s positive momentum.” The local market has been on a positive momentum after touching its trough at 5,699.30 last October 3, 2022.

Tantiangco noted though that, “From October 3 to date, net value turnover has only been averaging P3.97 billion per day, below the year-to-date average of P5.99 billion, implying weak conviction in the market’s climb. Thus caution is still advised in our trades.”

This sentiment was also shared by 2TradeAsia.com which said that, “While the trek north of 6,000 was welcome, the market is left wanting of stronger impetus to carry it convincingly towards 6,500-6,700.” 

“Investors are also expected to look towards the S&P Global Philippines’ Manufacturing PMI, Inflation data, and foreign trade data for clues on the local economy,” said Tantiangco.

2TradeAsia.com said investor focus will be pulled in multiple directions, given macro events unfolding for the month.

“The US midterm elections on the 8th, while not groundbreaking, might cause some volatility especially if the US chambers split (i.e. delays in 2023 stimulus, etc.),” the brokerage said.

It added that, “On the 10th, third quarter GDP will be reported and, while expectations have been tempered (low to mid-6 percent), the print will give funds a bigger sense of the impact of policy tightening and will be a guide to better project the fourth quarter up to 2023.”

Meanwhile, 2TradeAsia.com said that, “in mid-November, another round of Fed rate hikes are anticipated (estimated at 75-bps); the BSP is expected to mirror the Fed on the 17th to protect the peso.” Thus, it advised investors to “Range-trade while funds seek inspiration, noting that intraday selling pressure makes settling for modest gains the more optimal play for now.”

For stock picks, Abacus Securities Corporation is looking at Puregold Price Club because “We are anticipating a stronger second half of 2022 for PGOLD with revenge spending and reopening theme still in play after consumers being locked in the pandemic for two years.” 

“We do acknowledge the challenges presented above (peso, inflation affecting consumer spending) which will eat into the company’s margins and profitability. However, we still expect numbers to remain strong and possibly go beyond management’s expectations of consolidated revenues growing 7 to 9 percent.” It added.

The brokerage noted that, “We also have mentioned prior our preference to remain defensive and be choosy in picking stocks. And PGOLD makes a case for this with the company’s resilience in its line of business on essentials and the stock currently trading at all-time low valuations… Accumulate.”

Abacus is also advising investors watch Wilcon Depot and buy its stock when the price weakens as it is one of the best performing index stocks since the start of 2020.

While its price-to-earnings ratio is the highest in the PSEi and it is the second most expensive home improvement play in the region, “Upgrades are imminent and this will help valuations but the stock will still be pricey.”

“We do believe the premium, especially over its regional peers, is partly justified by the very strong YTD results and expanding margins,’ said Abacus adding that, “we would prefer to wait for dips before buying.”

For its part, COL Financial said it is raising its fair value for Wilcon to P31.70 per share from P25.20 a share “as a result of the changes in our forecasts and after rolling over our estimates to 2023.”

“After factoring in our higher topline and gross margin assumptions, our net income forecasts for FY22 and FY23 increased by 6.2 percent and 6.0 percent, respectively,” it said but noted that, “Despite the upgrade in our estimates, we maintain our HOLD rating on the stock due to current valuations.”

What is your favorite Filipino snack called "merienda"?

Food is a huge part of Filipino culture. There are so many delicious dishes to choose from, each with its unique history and flavor. One of my favorite snacks is the banana cue. Bananas are a staple fruit in the Philippines, and they can be cooked in so many different ways.



 Banana cue

 is made by skewing banana slices onto bamboo sticks and then coating them in sugar and caramelized banana mixtureIt's a delicious treat that's perfect for any occasion. Whenever I eat banana cues, I can't help but feel happy and nostalgic. It's a reminder of all the unforgettable memories I've experienced with family and friendsSo if you're ever feeling homesick or want to try something new, I highly recommend giving banana cue a try. You won't be disappointed. 


Footnotes