Xi tells ex-Philippine president Duterte to promote ties with China

BEIJING: China’s President Xi Jinping told former Philippine President Rodrigo Duterte to continue to promote cooperation between the two countries, after bilateral relations cooled with Duterte’s successor seeking closer ties with Washington. Ferdinand Marcos Jr was elected as president for a six-year term in 2022, taking over from Duterte whoContinue Reading

Caretaker Kedah chief minister charged with sedition over remarks against Selangor ruler

In a statement on Tuesday, Parti Islam Se-Malaysia (PAS) secretary general Takiyuddin Hassan said that the party was following the case closely and urged all their supporters to keep calm and respect the process of law. PAS is a PN component party. 

Last Thursday, multiple police reports had been lodged against Sanusi for allegedly insulting the Selangor royal institution.

In a viral video, Sanusi appears to have belittled the appointment of Selangor chief minister Amirudin Shari during a political rally.

In a Facebook post on Jul 15, Sanusi said that he sent a letter to the Selangor palace, where he had apologised to the ruler but claimed that his speech had been spun out of context.

On Monday, Sultan Sharafuddin said in a post on the Selangor Royal Office Facebook page that the issue was yet to be resolved.
  
Inspector-General of Police Razarudin Husain had also said that investigations into Sanusi’s remarks would go on despite his apology to the Selangor ruler.

The police had conducted their investigations under the Penal Code, the Sedition Act, and the Communications and Multimedia Act.   

Early last month, Sanusi – who is known for his controversial statements – had been investigated over his alleged claims that Penang falls under Kedah’s ownership.

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Ayala’s path to an ESG driven business | FinanceAsia

With several ESG-backed initiatives in recent years, the Philippines-based conglomerate Ayala has solidified its commitment to sustainability. Operating across verticals including energy, finance, infrastructure, and real estate, Ayala has committed to net zero greenhouse emissions by 2050. The conglomerate’s energy wing ACEN recently created the world’s first energy transition mechanism (ETM) in November 2022, backed by BPI and RCBC.

On the social front, Ayala’s GCash app and BPI’s BanKo have  played pivotal roles in financial inclusion for unbanked Filipinos and small to medium size enterprises. BPI and Globe are currently reviewing their framework to consciously focus on these areas.

When it comes to governance, Ayala’s boards are working towards an appropriate level of diversity and independence. This involves maintaining high standards when it comes to transparency and disclosure.

The 190-year-old company’s social and sustainability initiatives have a long history. Albert de Larrazabal, CFO at Ayala Corporation said, “We have always aligned ourselves to national interest and had very high standards of governance and stewardship. As we must be mindful of the ecosystems we operate under, ESG in various forms has always been part of our value proposition.”

Ayala’s approach to ESG

Today, ESG-based financing is a priority for Ayala. Apart from ACEN’s implementation of the world’s first ETM, Ayala has issued a social bond with the IFC in support of its cancer hospital. Larrazabal said, “We are looking to do KPI-linked social and ESG financing, which incorporates targets into the commercial terms and conditions of the loan.”

Even during the M&A process, the conglomerate is mindful of integrating new acquisitions into its ESG framework. Ayala has also taken steps to ensure that ESG is a priority that is ingrained at the highest levels of the organisation, leveraging its membership with the World Business Council for Sustainable Development (WBCSD). The conglomerate’s board has received training which ensures they can play an active role in tracking and monitoring developments in the ESG space.

Corporates making public commitments to sustainability draw a lot of attention, not all of it positive. Asked how Ayala approaches concerns about greenwashing, Larrazabal said, “Sometimes it happens inadvertently because of incorrect measurements. That’s why we brought in South Pole. We have taken steps to ensure we are on the right track by committing to independent verification, to give people a degree of reassurance.”

Building a model for the APAC region

While the need for sustainable leaders is strongly felt across APAC, many countries in the region have a minimal contribution to emissions — the Philippines emits half the global average on a per capita basis. Larrazabal said, “Between 80% to 88% of our emissions — depending on individual businesses — are scope 3.” These emissions are defined as the result of activities from assets not owned or controlled by a reporting organisation, but which are a part of its value chain. Larrazabal said, “Our scope 3 is somebody else’s scope 1 and scope 2. We need an environment that enables, incentivises, and if that fails, penalises those who disregard scope 1 and 2.”

Many emerging markets grapple with issues similar to those facing the Philippines — adopting renewable energy, while meeting the demands of a growing population and economy. As a result, ETM-like arrangements may be embraced to a greater extent. Asked for his advice on managing such a transaction, Eric Francia, president and CEO at ACEN said, “It is important for investors to reconsider their position on coal, so long as the principles are well understood. One may be investing in a coal plant, but for a good purpose, which is enabling its early retirement.”

Offering a financial perspective on the ETM, TG Limcaoco, president and CEO Bank of Philippine Islands added, “We provided lending and brought in other institutions. We took reduced rates of returns for equity and debt exposure, which allowed us to shorten the life of the plant by 10 to 15 years. It is a big win for everyone involved.”

For more on Ayala’s adoption of ESG and a deeper insight into the world’s first ever ETM, please watch the accompanying video.

 

 

¬ Haymarket Media Limited. All rights reserved.

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The remarkable story of a fiery Indian courtesan

Courtesan bookManish Gaekwad

“I danced in the dark. I used to light up the room with candles and perform. In the blackout, my naseeb (fate) was going to shine.”

The year was 1962. War had broken out between India and China over a disputed border and the Indian government had declared a state of national emergency.

Fear gripped people as wailing sirens and days-long blackouts became a part of daily life. The future seemed uncertain.

But Rekhabai wouldn’t let the fear of dying dictate her destiny. Instead of shutting shop like the other courtesans (women entertainers), she would dress up in a beautiful sari night after night and sing and dance for the groups of men who came to watch her in the kotha – a Hindi word for a place where professional female dancers performed for men, or sometimes, even a brothel.

Her life had taught her that hardship was often a gateway to opportunity, or at least, survival. Rekhabai’s tumultuous life is now the subject of a book, The Last Courtesan – Writing My Mother’s Memoir, authored by her son Manish Gaekwad.

“My mother always wanted to tell her story,” Gaekwad says and adds that he felt no shame or embarrassment in narrating it as, having lived with her in the kotha up until his late teens, her life was no secret to him.

“Growing up in a kotha, a child sees a lot more than he should. My mother knew this and didn’t feel the need to hide anything,” says Gaekwad. His book – written from the memories his mother narrated to him – gives the reader a shockingly honest look into the life of an Indian courtesan is the mid-1900s.

Courtesans, also known as tawaifs in popular culture, have been around since 2BC in the Indian subcontinent, says Madhur Gupta, an Odissi dancer and author of Courting Hindustan: The Consuming Passions of Iconic Women Performers of India.

“They were women entertainers whose function was to entertain and pleasure royalty and the Gods,” says Ms Gupta. Before India came under British rule, courtesans were viewed as respected performers; they were highly trained in the arts, wealthy and enjoyed the patronage of some of the most powerful men of their times.

Courtesan book

Bhansali production

“But they also faced exploitation at the hands of men and society,” Ms Gupta says. India’s courtesan culture began to decline after the British – who saw them as “nautch girls” (dance girls) or merely sex workers – enacted laws aimed at curbing the practice.

Their status declined further after India gained independence in 1947 and many courtesans were forced to turn to prostitution to survive. The practice has completely died out now, but stories of famous courtesans and their fascinating lives live on in books and films.

And one such story is that of Rekhabai.

She was born in a poor family in the western city of Pune as the sixth among 10 siblings. Rekhabai doesn’t remember the exact year or date, her memory about time is hazy. Tired of siring five girls, her drunk father allegedly tried to drown her in a pond after she was born.

At the age of nine or 10, she was married off to settle a family debt, and was later sold by her in-laws to a kotha in Bowbazar area in the eastern city of Kolkata.

She was not yet a teenager when she began training as a tawaif, learning to sing and dance. But her life and earnings were controlled by a female relative who was also a courtesan there.

During the India-China war, the relative left and Rekhabai got a chance to take charge of her own life. Her candlelight performances helped her become independent and left her with the realisation that she could be her own provider and protector if she was brave enough.

This would become her guiding principle for the rest of her life. Rekhabai – unlike her famous Bollywood counterparts in the films Umrao Jaan and Pakeezah – never pined after a man. She chose not to remarry, despite having a long list of patrons who courted her – from small-time criminals to rich sheikhs and renowned musicians – as it would mean having to give up her life as a tawaif and leave the kotha.

The kotha – the small space in which she performed, lived, raised her child and sheltered various members of her family at different times – ironically became a symbol of freedom and power for her.

Yet, it was also a space fraught with conflict and hardship, where circumstance ate away at innocence, stripped away humanity and evoked destructive emotions like rage, fear and despair.

Courtesan book

Manish Gaekwad

In the book, Gaekwad narrates some deeply distressing memories his mother recounts, like when a thug pulled out a gun to shoot her after she refused to marry him.

In another place, Rekhabai recounts the abuse she faced from courtesans who were jealous of her success. Some tried to intimidate her by hiring gangsters to lurk outside her room; others called her a prostitute when she wasn’t one.

But the kotha also forged her into the steely woman she became eventually. It’s where she discovered her talent as a dancer, and the power it wielded over men looking to escape their own insecurities or the tedium and melancholia of life.

It’s where she learnt to read men by the way they treated her and to placate egos when needed, or shred them to bits if they threatened to destroy her own.

“I had mastered the language of the kotha. I had to speak it if required,” she says.

But along with this feisty, charming, street-smart performer, the kotha also saw Rekhabai transform into a doting, fiercely-protective mother who did everything in her power to give her son a better life.

Courtesan book

Getty Images

As a baby, she kept him close to her in the kotha. She recalls how she would run to check up on him between performances if she thought she heard him cry.

Later, she sent him to a boarding school and then bought an apartment so that he could invite his friends over without feeling embarrassed.

She took pride in the man her son was growing into – even though his English medium-education and more refined upbringing in the boarding school made him different from her in many ways.

In a heart-warming anecdote, she recalls a time her son, who was visiting during vacations, asks for a fork and spoon to eat with.

“I knew of forks [kaanta in Hindi], but I had never heard what it was called in English before… I had to go to the market to buy them when you explained [what it was],” she says in the book.

In the late 2000s, the courtesan culture had completely vanished and Rekhabai left the kotha to live in her apartment in Kolkata. She died in the western city of Mumbai in February. Gaekwad says he will always remain in awe of his mother, her fortitude, talent and zest for life.

“I hope men read this book,” he says, and adds that Indian men have these “constructs around the mother figure, where she has to be a paragon of purity”.

“But I hope this book helps people identify the individuality of their mothers and accept who they are as people, independent from their relationship with us.”

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More buildings putting in AI, smart sensors to manage utilities, cut costs

The system, developed by property technology firm Qornerstone, has helped to keep the condominium management team lean with only five workers for the entire 754-unit property.
 
“The built environment has always been a manpower-intensive industry,” said Qornerstone chief executive officer Ernest Ong.
 
“So due to cost pressure, that is where the industry has no choice but to look into transformation by technology means.”

MANAGING RESOURCES

Fu Yu Corporation, a manufacturer of plastic products, also uses a similar platform to manage its resources, from taking room temperatures to controlling light switches remotely. 
 
These are done using a system developed by software solutions provider Cerexio, which monitors in real-time using sensors.

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Singapore Night Festival 2023 will have a roller skating rink, exclusive cocktails, projection mapping and more

PARTNER PROGRAMMES

Live out your Night At The Museum dreams with After Dark where interesting characters come to life after sunset at Children’s Museum Singapore. Listen to the stories from a postman, a baker and a bird watcher as you explore the museum.

Date and time: Aug 18, 19, 20, 25, 26, 7.30pm to 8:30pm; 8:30pm to 9:30pm; 9:30pm to 10:30pm

Venue: Children’s Museum Singapore

Ticket: Free

EXPERIENTIAL PROGRAMMES

What’s a festival without treats and tipples? Port Cities Food: A Culinary Pairing is a guided tour through Middle Road where attendees can enjoy kueh and cocktail (or mocktail) pairings, accompanied by stories that unveil Middle Road’s gastronomic heritage.

Date and time: Aug 18, 19, 25, 26, 5.30pm to 7pm

Venue: Various points throughout BBB

Ticket: From S$42. Tickets can be purchased here.

For more information on all events, visit the Singapore Night Festival website.

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Malaysia state polls: How has Islamic party PAS maintained dominance in Kelantan, despite slow pace of development?

“We must not discount the role played, the welfare and how it reaches out to the grounds, tackles problems (such as) people’s basic needs to continue living,” said Dr Norshahril Saat, Senior Fellow at the ISEAS-Yusof Ishak Institute.
 
“PAS goes to the grassroots to visit an ailing person or person seeking help, and it is how the party touches people at the grassroots.”
 
PAS, which has built a fortress in Kelantan, is also solidifying its influence in Terengganu and Kedah.
 
Together with another Malay party Parti Pribumi Bersatu Malaysia (Bersatu), PAS is part of the Perikatan Nasional (PN) coalition that swept all but one parliamentary seat in these three states at Malaysia’s 15th General Election.
 
Observers have termed PN’s triumph as the “green wave”, and the tides seem to be moving west and south.Continue Reading

Commonwealth Games: 2026 event in doubt after Victoria cancels

Cyclists compete at the 2022 Commonwealth games at the Queen Elizabeth Olympic Park velodrome in LondonGetty Images

The 2026 Commonwealth Games are in doubt after the Australian state of Victoria cancelled its plans to host due to budget blowouts.

Organisers had struggled to find a host city before Victoria volunteered in April 2022.

At the time, the tournament was billed as a boom for the state’s regions, which would host most events.

But the premier said the projected cost had now tripled and become “well and truly too much” for Victoria to bear.

“I’ve made a lot of difficult calls, a lot of very difficult decisions in this job. This is not one of them,” Daniel Andrews told a press conference on Tuesday.

Mr Andrews said his government had informed Commonwealth Sport – who are yet to comment – of the decision to seek to terminate the contract, adding that “amicable and productive” meetings had occurred in London overnight.

He said Victoria had been approached by the governing body last year and had been “happy to help out” but “not at any price”.

Organisers had originally estimated the event – hosted across cities including Geelong, Bendigo and Ballarat – would cost A$2.6 billion (£1.4bn; $1.8bn). But now the 12-day tournament was expected to cost A$6-$7 billion, Mr Andrews said.

“Frankly… we’re not doing that… That is all cost and no benefit,” he said.

Victoria will still complete the stadium upgrades it had promised ahead of the games, while using the money it is now saving on housing and tourism initiatives.

Opposition Leader John Pesutto said the decision is a “massive humiliation” for the state.

“The cancellation of the Commonwealth Games is hugely damaging to Victoria’s reputation as a global events leader,” he said in a statement.

Australia has hosted the Commonwealth Games six times – including on the Gold Coast in 2018 and in the Victorian capital of Melbourne in 2006.

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