Filipino-Australian student Cyrus Villanueva wowed judges with his rendition of Wicked Game on The X Factor Australia. Courtesy: Seven West Media
Filipino-Australian student Cyrus Villanueva wowed judges with his rendition of Wicked Game on The X Factor Australia. Courtesy: Seven West Media
Filipino-Australian student Cyrus Villanueva wowed judges with his rendition of Wicked Game on The X Factor Australia. Courtesy: Seven West Media
Filipino-Australian student Cyrus Villanueva wowed judges with his rendition of Wicked Game on The X Factor Australia. Courtesy: Seven West Media

Focus on the Philippines: Cyrus Villanueva croons his way to X Factor top 10


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Viewers have voted Cyrus Villanueva through to The X Factor Australia's top 10 show next week. The 19-year-old Filipino-­Australian student from Wollongong, New South Wales, continued to impress the show's judging panel after his performance on October 5 of Wicked Game, a ballad originally sung by his mentor and judge, American rocker Chris Isaak. (See video of his performance below).

“I’ve heard over the years a million people do this song and nobody ever did it this way,” Isaak said about Villanueva’s rendition, which he sung one key higher than the original track. “That’s what I meant the song to sound like.”

Villanueva’s performance received a standing ovation from all four judges.

“Last week I said you’re a star, and this week I’ll say you’re a superstar. Wow, amazing,” said Guy Sebastian.

“I wanted something negative to say,” quipped James Blunt. “But, ugh – nothing!”

“If you perform like that every week, nobody else stands a chance – and that’s the truth,” said Dannii Minogue, who encouraged Isaak to write an original song for Villanueva.

Isaak added: “I’m just so proud that you have a great work ethic. People don’t know what you’re like offstage. He comes to work like: ‘Yes, sir, let’s do it,’ and never complains. Just a hard­working guy and I love that about you.”

Hours after the show’s broadcast, Villanueva’s recording of the track placed sixth on the iTunes charts, the highest placing by any contestant this season so far.

He posted on Instagram: “Last night was unreal. My performance charted at #6 on iTunes, the feedback from everyone has been phenomenal, and I’m feeling so blessed. It was an absolute honour to perform Chris’s song in front of him, and an opportunity I’ll never forget.”

The Fisher Boys, an R&B quartet featuring four brothers from Perth, were eliminated from the competition on October 6. This week’s musical guests were One Direction, Robbie Williams and Ellie Goulding.

Philippine films recognised intop 100 list

The Busan International Film Festival is marking its 20th ­anniversary by releasing a list of the 100 greatest Asian films of all time, based on a poll of 73 film professionals and critics. Dubbed “Asian Cinema 100”, the list features four titles from the Philippines.

Lino Brocka's 1975 drama Maynila sa mga Kuko ng ­Liwanag (Manila in the Claws of Light) placed 30th, while Brocka's ­Insiang (1976), Mike De Leon's Batch '81 (1982) and Lav Diaz's Melancholia (2008) all shared the 66th spot.

The list was topped by Japanese auteur Yasujiro Ozu's 1953 drama Tokyo Story, followed by Akira Kurosawa's Rashomon (1950), Wong Kar-Wai's In the Mood for Love (2000), Satyajit Ray's The Apu Trilogy (1955-1959) and Hou Hsiao-Hsien's A City of Sadness (1989).

Filipino paralegal leaves MasterChef Asia kitchen

Filipino contestant Rico Amancio was eliminated from ­MasterChef Asia, placing 11th overall out of 15 aspirants. The 31-year-old paralegal failed to dazzle judges Susur Lee, Bruno Ménard, Audra Morrice and Eric Teo in a challenge that required the contestants to reinvent a classic Singaporean dish, chilli crab.

“I want to show to the rest of the world that we are not only a country of balut and adobo,” Amancio said before the start of the contest in September. “We can showcase to them how we cook, how diverse our country is and how our cuisine comes from different regions.”

Amancio learnt how to cook when he was younger, by assisting an aunt who worked in a school cafeteria.

Another Filipino contestant, 29-year-old finance officer Lica Ibarra, is still in the competition. The current front runners are Malaysian banker Marcus Low and Singaporean engineer Lennard Yeong, who each have won three challenges.

Pinoy Big Brother evicts YouTube star Mikee Agustin

Mikee Agustin was evicted from Pinoy Big Brother on October 3.

The 21-year-old YouTube star received the least number of audience votes among her fellow nominees, the Filipino-American models Tommy Esguerra and Jameson Blake. Agustin was evicted in September after losing a team challenge, but re-entered the house a week later after winning a public vote.

On October 3, the Pinoy Big Brother house was opened to the public for the first time in its 10-year history. Fans had to buy a ticket for 1,000 pesos (Dh79) to get a tour of the house from contestant Roger Lucero, who is a tourist guide by profession. The proceeds were donated to the victims of an earthquake that recently hit Bohol, a province in the country's Visayas region.

On October 5, film and tele­vision actress Karla Estrada entered the house as a ­celebrity houseguest, though the length of her stay has not been announced.

October 8 marks the 111th day in the reality show’s timeline. There are 11 housemates ­remaining, including four teenage contestants.

artslife@thenational.ae

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THE SPECS

Engine: 3-litre V6

Transmission: eight-speed automatic

Power: 424hp

Torque: 580 Nm

Price: From Dh399,000

On sale: Now

The rules on fostering in the UAE

A foster couple or family must:

  • be Muslim, Emirati and be residing in the UAE
  • not be younger than 25 years old
  • not have been convicted of offences or crimes involving moral turpitude
  • be free of infectious diseases or psychological and mental disorders
  • have the ability to support its members and the foster child financially
  • undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
THE SPECS

Engine: 1.5-litre, four-cylinder turbo

Transmission: seven-speed dual clutch automatic

Power: 169bhp

Torque: 250Nm

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Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

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Key changes

Commission caps

For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:

• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term). 

• On the protection component, there is a cap  of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).

• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated. 

• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.

• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.

Disclosure

Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.

“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”

Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.

Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.

“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.

Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

Results

2.15pm: Maiden (PA) Dh40,000 1,700m; Winner: AF Arrab, Antonio Fresu (jockey), Ernst Oertel (trainer).

2.45pm: Maiden (PA) Dh40,000 1,700m; Winner: AF Mahaleel, Antonio Fresu, Ernst Oertel.

3.15pm: Sheikh Ahmed bin Rashid Al Maktoum handicap (TB) Dh200,000 2,000m; Winner: Dolmen, Richard Mullen, Satish Seemar.

3.45pm: Handicap (PA) Dh40,000 1,200m; Winner: Amang Alawda, Sandro Paiva, Bakhit Al Ketbi.

4.15pm: The Crown Prince of Sharjah Cup Prestige (PA) Dh200,000 1,200m; Winner: AF Alwajel, Tadhg O’Shea, Ernst Oertel.

4.45pm: Handicap (PA) Dh40,000 2,000m; Winner: Al Jazi, Jesus Rosales, Eric Lemartinel.