Sei sulla pagina 1di 12
CYAN MAGENTA YELLOW BLACK LPG price rollback THE members of a group supplying cooking gas

CYAN MAGENTA YELLOW BLACK

LPG price rollback

THE members of a group supplying cooking gas on Monday cut their prices by P1 per kilogram or P11 per 11-kilogram tank to reflect declining world market prices. Arnel Ty, president of the LPG Marketers Association, said the contract price of liquefied petroleum gas had gone down to $120 a metric ton, which represented a reduction of P11 from the price of 11-kilogram tanks that previously sold at P769 to P845 per tank. “The new rates reflect the decline in world contract prices,” Ty said. His group’s members include Omni Gas, Pinnacle Gas, Island

Next page

Manila Vol. XXVI No. 51 12 Pages, 2 Sections P18.00 TUESDAY, April 17, 2012
Manila
Vol. XXVI No. 51
12 Pages, 2 Sections
P18.00
TUESDAY, April 17, 2012

Standard

TODATODAYY

P18.00 TUESDAY, April 17, 2012 Standard TODA TODA Y Y www.manilastandardtoday.comwww.manilastandardtoday.com
www.manilastandardtoday.comwww.manilastandardtoday.com •• mst@manilastandardtoday.commst@manilastandardtoday.com
www.manilastandardtoday.comwww.manilastandardtoday.com •• mst@manilastandardtoday.commst@manilastandardtoday.com
President open to nuclear technology in Mindanao By Joyce Pangco Pañares and Christine F. Herrera
President open to nuclear
technology in Mindanao
By Joyce Pangco Pañares
and Christine F. Herrera
PRESIDENT Benigno Aquino
III said Monday he was open to
a proposal to use nuclear tech-
nology in Mindanao to solve the
power shortage in the region.
But he said it was important
to ensure that whatever nuclear
plant was built in Mindanao
would conform to international
safety standards, citing the en-
vironmental disaster in Fuku-
shima, Japan.
Former Pangasinan Rep.
Mark Cojuangco proposed the
Next page

Explaining the blackouts. President Aquino points to the chart to explain to reporters the load capacity of the Mindanao Grid in connection with the recurring blackouts on the island.

Quit now, don’t wait, solons urge Almendras

By Christine F. Herrera

TWO lawmakers from Mindan- ao on Monday said Energy Sec- retary Jose Rene Almendras had

no right to dare his critics to sign

a

petition asking him to resign

if

he understood the meaning of

delicadeza or honor. “Secretary Almendras should no longer wait to be told [to resign] when he knows how ineffective he has become in handling the power crisis,” said Agham Rep. Angelo Palmones, who comes from Cotabato. Cagayan de Oro Rep. Rufus Rodriguez criticized Almendras for supposedly doing nothing about the power crisis now grip- ping Mindanao and crippling commerce on the island since

Next page

Aquino: NoyBi split not inevitable

Dismisses statement of Palace mouthpiece

By Joyce Pangco Pañares and Maricel Cruz

PRESIDENT Benigno Aquino III on Monday denied a statement from his deputy spokeswoman that he and Vice President Jejomar Binay would inevitably part ways in the 2016 elections because of their political differences.

The statement Sunday by Abi- gail Valte effectively ruled out an

alliance between Binay’s United Nationalist Alliance and Mr.

Aquino’s Liberal Party, a possibility that the Presi- dent left open Monday. “I don’t know if it that is inevitable,” Mr. Aqui- no said. “Vice President Binay is part of the adminis- tration. He has been helping us in improving our country’s situation. “If the [administration] helps you [Binay] in your political career, will you oppose it?” I believe it is in his interest as a member of our Cabinet to help ensure our administration succeeds, espe- cially in the area concerning our overseas Filipino workers and housing.” Binay on Monday said his working relationship

housing.” Binay on Monday said his working relationship Stitching the split. President Aquino and Vice President

Stitching the split. President Aquino and Vice President Binay needed a quick stitch after the president denied their inevitable parting of ways. The same photo was ripped in the middle on Mon- day to denote their split.

with the President remained healthy. “In politics there is no impossible,” Binay said in response to a question about a possible alliance between his group and the President’s party. But

Next page

between his group and the President’s party. But Next page Beauty queens. Janine Tugonon (center), a

Beauty queens. Janine Tugonon (center), a cum laude graduate of the University of Santo Tomas who topped the Pharmacy Board examinations in 2010, was crowned Miss Philippines-Universe 2012 at the Araneta Coliseum on Sunday night. She is flanked by Miss Philippines-International Nicole Schmitt (left) and Miss Philippines-Tourism Katrina Dimaranan. TEDDY PELAEZ

Miss Philippines-Tourism Katrina Dimaranan. TEDDY PELAEZ Read our message. Demonstrators put up protest signs

Read our message. Demonstrators put up protest signs outside the Chinese consulate in Makati City against poaching by Chinese fishermen in Panatag Shoal in the West Philippine Sea.

PH won’t start war with China—PNoy

PRESIDENT Beningo Aquino III on Monday said the Philippines would not start a war with China over a disputed shoal where their ships have figured in a tense naval standoff for a week. He said Manila would assert its sovereignty over the Scarbor-

ough Shoal off the northwestern Philippines but had pulled out a warship and replaced it with a coast guard vessel to “de-esca- late the situation.” Mr. Aquino said the Philip- pines would continue talks with China to resolve the impasse,

which began on Tuesday last week when two Chinese ships prevented the crew of the BRP Gregorio del Pilar, the country’s largest warship, from arresting several Chinese fishermen. Mr. Aquino, quoting the late

Next page

Corona dared:

Name emissary of Malacañang

By Maricel Cruz

MALACAÑANG on Monday denied Chief Justice Renato Corona’s claim over the week-

end that a Palace emissary had asked him to “surrender” and leave the high court. Presidential spokeswoman Abigail Valte said Corona, who

is undergoing an impeachment

trial at the Senate for alleged corruption, should be concen- trating on defending himself. “Perhaps it would be bet- ter for the chief justice to take advantage of the break in the impeachment trial to concen- trate on his defense rather than continuing to cast unwarranted aspersions on the Office of the President,” Valte said. In a statement he released

Next page

Valte said. In a statement he released Next page Symbol of unity. US Marine Brig. Gen.

Symbol of unity. US Marine Brig. Gen. Frederick Padilla (left) and Rear Admiral Emmanuel Martir of the Philippines un- furl the Balikatan flag during the open- ing of the Balikatan exercises in Camp

Aguinaldo in Quezon City.

7,000 troops start drills near disputed sea area

US and Philippine military officials said Monday nearly 7,000 American and Filipino troops had begun two weeks of major military exercises but stressed that China was not an imaginary target. Army Maj. Emmanuel Garcia said the annual drills, called Balikatan or shoulder- to-shoulder, would include

combat maneuvers involving the mock retaking by US- backed Filipino troops of an oil rig supposedly seized by terrorists near the South China Sea. US Marine Lt. Col. Curtis Hill said most other events would focus on humanitarian missions and disaster-response

drills.

Next page

missions and disaster-response drills. Next page Beach landing. US and Philippine marines take their

Beach landing. US and Philippine marines take their position on the beach after a landing exercise in Zambales last year. A similar exercise will be made this year.

Airline hit by labor turbulence over wage issue By Vito Barcelo MORE than 350 ground

Airline hit by labor turbulence over wage issue

By Vito Barcelo

MORE than 350 ground crews of the low-cost airline Zest Air on Monday threatened to leave their posts because they had not received their differential and overtime pay for the past three months.

But the Labor Department ap- pealed to them to defer their plan and to discuss their problem with the people supposed to pay them. The airline on Monday said it was not directly liable for the workers’ problem because its ground services were being out- sourced.

Zest Air chairman Alfredo Yao said he had instructed his personnel department to talk to the agency handling the more than workers and pay them. “I would like to clarify that. It’s the manpower agency that

has failed to pay the workers,”

Yao said.

Next page

CYANCYANCYANCYANCYANCYANCYANCYANCYANCYANCYANCYAN MAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTA MAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTA YELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOW BLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACK

A2

T
T

TUESDAY

AP
AP

APRIL 17, 2012

ManilaStandardToday

News
News
A2 T TUESDAY AP APRIL 17, 2012 Manila StandardToday News mst.daydesk@gmail.com Cold War II looms as

mst.daydesk@gmail.com

Cold War II looms as ice cap melts

YOKOSUKA—To the world’s military leaders, the debate over climate change is long over. They are preparing for a new kind of Cold War in the Arctic, anticipat- ing that rising temperatures there will open up a treasure trove of resources, long- dreamed-of sea lanes and a slew of poten- tial conflicts.

By Arctic standards, the region is already buzzing with military activity, and experts believe that will increase significantly in the years ahead. Last month, Norway wrapped up one of the largest Arctic ma- neuvers ever — Exercise Cold Response — with 16,300 troops from 14 countries training on the ice for everything from high in-

tensity warfare to terror threats. Attesting to the harsh conditions, five Norwegian troops were killed when their C-130 Hercules aircraft crashed near the summit of Kebnekaise, Sweden’s highest mountain. The US, Canada and Den- mark held major exercises two months ago, and in an unprec- edented move, the military chiefs

of the eight main Arctic powers — Canada, the US, Russia, Iceland, Denmark, Sweden, Norway and Finland — gathered at a Canadian military base last week to specifi- cally discuss regional security is- sues. None of this means a shooting war is likely at the North Pole any time soon. But as the number of workers and ships increases in the High North to exploit oil and gas reserves, so will the need for policing, border patrols and — if push comes to shove — military muscle to enforce rival claims. The US Geological Survey estimates that 13 percent of the world’s undiscovered oil and 30 percent of its untapped natu- ral gas is in the Arctic. Shipping lanes could be regularly open across the Arctic by 2030. AP

7,000

The Metro Manila Devel- opment said it was part of the exercises that also focused on humanitarian assistance and di- saster mitigation. “The main objective of the Ba- likatan exercises is to extend as- sistance to our country,” MMDA Chairman Francis Tolention said. Beijing has protested the military drills involving Ameri- cans near the South China Sea, where it is locked with the Phil- ippines and four other nations in territorial rifts. The same day that the exercises started, left-wing protesters splat- tered paint on the seal of the US

Embassy in Manila to demand a pullout of American troops taking part in the annual war games. About 70 student activ- ists took police and embassy guards by surprise early Mon- day when they threw blue-and- red paint at the seaside mis- sion’s main gate and scrawled “U.S. troops out now.” They also chipped away letters from the bronze signage and burned a mock American flag. No arrests were made as the protesters outnumbered the po- lice and later walked away. The protesters condemned “the continuing history of US oppression and colonialism.” AP, with Macon Ramos- Araneta and Rio N. Araja

Corona

through his lawyers Sunday, Corona said a Palace emissary had approached him and asked him to resign or retire early. He did not name the emissary. “I was told that I had already served as chief justice for one- and-a-half years, and that my service as the 23rd top magistrate would always be part of this na- tion’s history,” Corona said. He said he was also told that all the baseless allegations against him could easily be for- gotten if he surrendered. He was urged “to save the entire judiciary from the danger it might undergo” and “to spare other justices, judges, court of- ficials and employees from un- certainties.” Corona said he refused to re- sign because surrendering would mean the “destruction of the ide- als set forth by the Constitution, which calls for a constitutional democracy, where the separation of powers, judicial independence and the rule of law reign.” Valte made her statement even as the House prosecution panel on Monday demanded that Coro- na name the Palace official who had asked him to resign. Aurora Rep. Juan Edgardo Angara, the spokesman for the prosecution panel, said the failure of Corona’s camp to identify the Malacañang official meant the is- sue was “mere propaganda.” Angara made his call as the impeachment trial is set to re- sume on May 7 after a Lenten break of more than a month. He said Corona’s camp should not be blamed for “sow- ing intrigues” in light of the re- cent surveys claiming that the majority of Filipinos believed in the prosecution’s case against the chief magistrate. “It is best if the chief justice names the Palace official he is referring to, Angara said. “It could also be an attempt on the Chief Justice’s part to elicit public sympathy.” Another administration ally, Western Samar Rep. Mel Senen Sarmiento, a member of President Benigno Aquino III’s Liberal Party, said the Corona camp’s latest statement was “part of the propaganda war.” “We will just have to wait for the judgment of the impeach- ment court,” he said. Minority Leader and Quezon Rep. Danilo Suarez said Co- rona’s defense panel would have nothing to lose if they named the Palace official. With Joyce Pangco Pañares

President

use of small modular reactors, a rela- tively new and safer form of nuclear power, for Mindanao during last week’s power summitin Davao City. Cojuangco said small modu- lar reactors were favored by the United States Nuclear Regulatory Commission. “There is an ongoing study [on the possible use of nuclear power in Mindanao] by the Department of Science and Technology,” Mr. Aquino said. But he was lukewarm to the proposals to stop the planned privatization of the Agus and Pu- langi hydroelectric power plants. “I never said I [was] totally in favor of privatizing it. But in Luzon, we have privatized a lot of plants and this resulted in in- creased capacity,” he said. “What we want is to make power rates reasonable so there has to be excess capacity to spur competition.” Mr. Aquino also ruled out the possibility of subsidizing the power rates in Mindanao. “That is not a good strategy. Where would we get the funds for the subsidy? And if we make the power rates artificially low, we will not encourage citizens to consume only what they need.” All 15 presidential appointees to the Mindanao Commission, com-

posed of Regional Development Authority chairmen, will meet Energy Secretary Jose Rene Al- mendras and the President on April 19 in Manila to discuss the power crisis. The Manila meeting comes as Mindanao’s residents were told to brace for 10- to 12-hour roll- ing blackouts starting today due to the shutdown of the 180-mega- watt Pulangi hydroelectric plants for dredging. Ramon Floresta, RDC co- chairman of General Santos City Mayor Darlene Antonino-Custo- dio, said the Mindanao Commis- sion would argue against the sale of the Agus-Pulangi hydroelectric plants and power barges. “We believe the Mindanao Power Summit has failed, so we will recommend and hope to enlighten and ask Secretary Almendras and the President to heed the sentiments of Min- danao against privatization and spiking power rates,” said Floresta, also president of the Kidapawan Chamber of Com- merce and Industry. Ronald Barrios, KCCI member and owner of two convenience stores, a coffee shop and an ex- clusive distributor of San Miguel Corp.’s B-Meg feeds and Coca Cola Bottlers, said that contrary to what the President claimed at the summit, the businessmen in Mindanao were doing their share

in absorbing the losses. “It is disappointing for the Pres- ident to tell the people of Mind- anao to pay more for electricity if we do not want blackouts,” Bar- rios told the Manila Standard.

Pay-

ing more and getting less is what we have been doing,” Barrios said it was ironic that Kidapawan, which is host to 106-megawatt Mt. Apo geother- mal plant, was experiencing up to eight hours of blackouts daily. Floresta, who owns a 250-hect- are banana plantation and a furni- ture business that employs more than 1,000 workers, said the crip- pling outages had been hurting the businesses in Mindanao. Floresta, whose woodwork firm RNF Summit Industries produces 1,500 pallets a day that are used to transport the bananas

and pineapples being exported abroad, has not been meeting his delivery deadlines. Elmer Alipuyo, RNF Summit production manager, warned of possible layoffs if the crippling blackouts continued. Bayan Muna Rep. Teddy Ca- siño called on President Aquino to “take off his blinders on the Mindanao power crisis and real- ize that paying a little more for electricity will have dire conse- quences on the island’s economy considering that the present rates are already high compared to the

“We are hurting enough

Quit

President Benigno Aquino III as- sumed office two years ago. Bayan Muna Rep. Teddy Ca- siño said Almendras’ inaction merely reflected what the Presi- dent wanted to do, which was nothing. “President Aquino wanted to privatize [the] Agus-Pulangui [hydroelectric plants],” Casiño said. “So they ignored the clamor of Mindanao to rehabilitate the hy- droelectric plants and the power barges because they wanted to sell these assets at a lesser cost.” Rodriguez said Mindanao suf- fered the worst energy crisis in its history from November 2009 to May 2010. “The six to 12 hours a day of [rolling blackouts] crippled in- dustry and commerce and af- fected the residents on the entire island,” Rodriguez said. He said that as early as August 2010 he had asked Almendras to dredge the Agus and Pulangi rivers, rehabilitate the Agus and Pulangi plants, rehabilitate the four diesel power barges of Pow-

er Sector Assets and Liabilities Management Corp. and operate them in Mindanao, and operate the Iligan diesel power plants. Rodrigues said Almendras tossed the ball to Congress and said he would have to ask law- makers if the Energy Department could defer the sale of the hydro-

electric plants and to rehabilitate them instead. “We in Congress approved the

rehabilitation of Agus

one year and seven months ago,” Rodriguez said. He said he filed a House reso- lution on Oct. 4, 2010 urging the energy committee to probe the worsening power situation in Mindanao. The same month, he filed a resolution urging the Power Sector Assets and Liabilities Management Corp. not to bid out the remaining four power barges and instead make them available to provide power in Mindanao. “In the early part of 2011 I re- iterated my petition for the four urgent actions proposed to Secre- tary Almendras, this time during the Joint Congressional Power Commission hearings as a mem-

This was

ber of this Commission,” Rodri- guez said. “Once again, Secretary Almen- dras promised to act on my four measures.” On Jan. 12, 2012, Rodriguez said, he filed House Resolu- tion 2041 directing the en- ergy committee to probe the delay in the rehabilitation of the Agus-Pulangi Hydropower complex in Mindanao and help address the power shortage on the island. “Up to now nothing has been actually done by the Energy De- partment about the proposals and resolutions,” Rodriguez said. “Mindanao has a power supply deficit of 180 to 400 megawatts that could have been easily ad- dressed by Secretary Almendras had he fulfilled the dredging of the Agus and Pulangi rivers and repaired the Agus and Pulangi plants,” Rodriguez said. In a position paper that he sub- mitted to the President during the Mindanao Power Summit last week in Davao City, Rodriguez said, Almendras caused the pow- er crisis in Mindanao by failing to act on any of his recommenda- tions.

key cities in Asia.” “The premise that Mindanao has been unjustifiably enjoy- ing cheap power rates is totally wrong,” Casiño said. “True, Mindanao has lower power rates than Luzon and the Visayas, but Mindanao is actually paying much more than most of the major cities in Asia.” Casiño said the latest available comparative data showed that Mindanao had an effective resi- dential rate of P6.69 per kilowatt hour. Luzon had P9.84 while the Visayas had P8.19. Except for the CARAGA area, all the areas in the Mind- anao had more expensive resi- dential power rates than Hong Kong, he said. “All in all, Mindanao is paying an average of P1.82 per kilowatt hour more for electricity than the 31 major cities in Asia and Ocea- nia surveyed by the Japan Exter- nal Trade Organization,” he said. “If we make Mindanao’s power rates at par with the Visayas and Luzon, the island will lose its competitive edge. Good public policy dictates that power rates should be kept as low as possible to spur investments and keep the prices of commodities low. But the President’s policy is to in- crease prices to attract private power firms whose objective is to sell power at the highest possible rates. It’s just crazy!”

LPG

Gas, Cat Gas and Nation Gas. The major distributors such as Petron, Total and Isla Gas con- tinue to sell their products at the old prices An estimated eight to 12 mil- lion 11-kilogram cylinders are sold nationwide. The prices vary depending on the brand, location and market forces. The LPG Industry Associa- tion on Monday said up three million LPG tanks were rusty or dented and needed to be test- ed by the Trade Department to ensure those conform to safety standards. Group executive director Mercedita Pastrana said about 1,782 fires ha been attributed to LPG tank explosions in the past 10 years and called on Congress to pass an LPG bill. She said reforms were need to regulate the use of dilapi- dated cylinders, under-filled cylinders, illegal refilling and cylinder tampering. Alena Mae S. Flores

PH

British Prime Minister Winston Churchill, said: “It’s better to jaw, jaw, jaw than to war, war, war.” Manila lodged a protest with China Monday, accusing Chinese ships and aircraft of harassing the M/Y Saranggani, a Philippine-reg- istered boat doing archaeological research in the area. “The Philippines demanded that the Chinese ships and aircraft cease the harassments of and fly-bys over M/Y Saranggani so that the boat and its crew can complete its work,” said Foreign Affairs spokes- man Raul Hernandez. “Any attempted acton by Chi- nese ships or aircraft against the M/Y Saranggani will be consid-

ered by the Philippines as a gross violation of its national laws and

of international law.”

A high-ranking military official on Monday said the situation in the Scarborough Shoal remained un- stable because the two Chinese ves- sels refused to leave the area even after eight Chinese fishing boats es- caped with their loot of giant clams, corals and other endangered mari- time species. Lt. Gen. Anthony Alcantara said

a second Philippine Coast Guard

ship arrived in the area to resupply

the first, which arrives Thursday. “We are continuously monitor- ing the situation in the area,” he said, adding that the Gregorio del Pilar remained on standby at Poro Point in La Union. On Monday, 6,800 troops

from the Philippines and the United States started their year- ly military exercises in Palawan near the disputed Spratly Islands located in the West Philippine Sea. Military officials said the joint exercises had nothing to do with the Scarborough Shoal standoff. Also on Monday, the President said he was likely to appoint a new ambassador to China after businessman Domingo Lee was

bypassed thrice by the Commis- sion on Appointments. Mr. Aquino said he needed an ambassador “skilled” enough to steer the bilateral relations be- tween the Philippines and China and address sticky issues such as the recent standoff in the Scarbor- ough Shoal.

“That is a possibility, a dis- tinct possibility” Mr. Aquino said when asked if he was inclined to nominate an ambassador to Bei- jing other than Lee. The President said his admin- istration had two missions: to de- escalate the tensions with China and to protect the country’s sov- ereignty and patrimony. “We have been ready to protect our sovereignty to the limits of our capability. But again, I appeal to you [not to escalate the situa- tion],” Mr. Aquino said. “Even in boxing we would lose. There are 1.3 billion Chinese and we are only 95 million. What would we gain if we escalate the tension?” Mr. Aquino said the Philip- pines was “in constant touch”

with China. The Association of Southeast Asian Nations must take a more active role in ad- dressing the maritime disputes in the region. During the recently concluded Asean summit meeting in Cam- bodia, Mr. Aquino insisted that China should not be part of the team to draft the Code of Conduct on the South China Sea. The code, which will be a bind- ing pact among the 10-member states of the Asean, will govern maritime territorial disputes with- in the region. The Philippines and China aside, the other countries claim- ing the whole or parts of the West Philippine Sea are Malaysia, Viet- nam, Brunei and Taiwan. Joyce Pangco Pañares, with AP

Aquino

he said there had been no for- mal talks on the subject. Binay has been fortifying the

UNA’s senatorial line up for the

2013 midterm polls.

His party’s possible senato- rial candidates include boxing champion and Saranggani Rep. Manny Pacquiao, who recently joined his party, the Partido ng Demokratikong Pilipino-Laban. Mr. Aquino said it was “too early to talk about 2016,” and that he would rather focus on the reform agenda at hand. “The 2016 election is four years and two months from now. My job is to think of what is happening now, not the next elections,” the President said. In the House, the opposition lawmakers said a split between Mr. Aquino and Binay would not bode well for the adminis- tration’s candidates in the 2013 elections. Siquijor Rep. Orlando Fua said the announced split in 2016 was a lame excuse to cover up the big cracks that were slowly eroding the foundations of the political coalition behind the Aquino administration. “The coalition is very weak,” Fua told the Manila Standard, referring to the Liberal Party. He said the LP was taken aback when Binay talked of fielding a “super Senate slate” without any Liberal Party stal- warts. “If this coalition behind President Aquino is as strong as it claims to be, then why did UNA beat them to the punch in announcing their lineup?” Fua said. He said Binay’s alliance with ousted President Joseph Estra- da’s party would foil Mr. Aqui- no’s plan to gain full control of the Senate by 2013. The LP today controls the 285 members of the House of Representatives, but has been forced into an alliance in the Senate, which installed Sena- tor Juan Ponce Enrile as Senate President over the known LP senators who wanted the job. The President’s ally in the House, Deputy Speaker and Quezon Rep. Lorenzo Tañada III, a Liberal Party spokesman,

said that talk of a split in 2016 was “highly speculative” and “premature.” House Deputy Speaker and Cavite Rep. Jesus Crispin Re- mulla, a Nacionalista Party stalwart, agreed, saying many things could happen before the

2016 elections.

House Minority Leader and Quezon Rep. Danilo Suarez said an endorsement from President Aquino would be valuable whether or not he split with Binay. “The President will always play a vital role. I don’t think he will be politically irrelevant by 2016. It is a big thing if a can- didate is backed by the adminis- tration,” Suarez said. House Deputy Minority Leader and Zambales Rep. Mil- agros Magsaysay, who was in- vited to join Binay’s senatorial slate, said officials should focus on good governance and what the people needed instead of the elections and politics. “With officials speculating on the vice president’s actions when there really is no basis for sus- picion, they are creating unrest among the people who are count- ing on the government to provide stability and direction for the country’s development,” she said.

Airline

“If the agency is amiss, we will pay the workers and then change it.” Hundreds of Zest Air’s bag- gage loaders, customer service agents, ramp agents and load controllers say they have not received their overtime and night differential pay. The affected employees in- clude those in Manila and in 20 provincial destinations. “For the past three months we have only received our ba- sic salary of P3,900 per pay pe- riod,” one of the workers said. “It is so hard to live by our basic salary alone because we are forced to work overtime. And whenever we work over- time we spend more on food and other items. “We have also been working without any contract.”

items. “We have also been working without any contract.” CYANCYANCYANCYANCYANCYANCYANCYANCYANCYANCYANCYAN

CYANCYANCYANCYANCYANCYANCYANCYANCYANCYANCYANCYAN MAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTA YELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOW BLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACK

BLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACK
CYANCYANCYANCYANCYANCYANCYANCYANCYANCYANCYANCYAN

CYANCYANCYANCYANCYANCYANCYANCYANCYANCYANCYANCYAN MAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTA MAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTAMAGENTA YELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOWYELLOW BLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACKBLACK

mst.daydesk@gmail.com

ManilaStandardToday

News
News
mst.daydesk@gmail.com Manila StandardToday News TUESDAY A APRIL 17, 2012 A3 Bounty up for ex-Palawan gov By

TUESDAY

A
A

APRIL 17, 2012

A3
A3

Bounty up for ex-Palawan gov

By Rey E. Requejo

THE Department of Justice and the Depart- ment of Interior and Local Government will soon decide how much reward money to put up for information leading to the arrest of fugitive former Palawan Gov. Joel Reyes.

Justice Secretary Leila de Lima and Interior Secretary Jesse Robredo will discuss the amount that will be given to anyone who could pinpoint Reyes, who went into hiding after he was indicted for the killing of radio broadcaster Gerry Ortega in Puerto Princesa City on Jan. 24 last year. De Lima said they will “announce tomorrow or on Wednesday how much would be the reward money” that will come from the funds of the the DOJ and DILG. “He really would not be able to leave

the country unless he uses some other means, like [the] backdoor. But we’re also on guard over these possible ports of exit,” De Lima said. The DOJ chief warned anyone who is aiding or abetting Reyes that they could also face criminal charges. “There always is a liability on their part. If they’re coddling fugitives from justice, whether public official or private citizen, then they can be charged,” she warned. De Lima broached the idea of a possible reward for the arrest of Reyes after the for- mer governor still refused to surrender.

Asked for a comment on the fugitive’s statement that he will not surrender, De Lima said: “Well, I have to advise him that it would be better that he faces his case squarely, frontally. Because if he be- lieves in his innocence, the best way for him to do so is to prove it in court.” “You cannot prove it outside of the court system. You have to submit your- self to the jurisdiction of the court if you think, if you believe that you are inno- cent,” she said, adding that flight is in- dicative of guilt in the law. Reyes was a client of the Justice Secre- tary in an electoral protest case when she was still practicing lawyer. Earlier last month, the DOJ ordered the indictment of Reyes, his brother Coron Mayor Mario Reyes Jr., former provincial administrator Romeo Seratubias, personal aide Arturo Regalado and Valentin Lecias after a reinvestigation by a second panel of state prosecutors on the complaint filed by the Ortega’s wife Patria Gloria.

Pagcor sets new income record for 10 th month

The DOJ panel composed of Asst. State Prosecutors Stewart Allan Mariano, Vimar Barcellano and Gerard Gaerlan junked the denial made by Reyes and instead upheld the testimony of Rodolfo Edrad Jr., another suspect who tagged the former and his brother as masterminds of the killing. The DOJ prosecutors cited the admis- sion made by the Reyes brothers in their counter-affidavits that Edrad went to Mayor Reyes’ house in Ayala Alabang, Muntinlupa City to receive money. The admission, they said, weakened the respondents’ denial of a close asso- ciation with the gunman who had turned witness for the complainant. Edrad, in his earlier affidavit, confessed hiring gunman Marlon Recamata and other men and then claimed that Mayor Reyes, on instructions of Gov. Reyes, gave him P500,000 as reward for the killing of Orte- ga. The Reyes brothers admitted paying the gunman but only for P5,000.

THE state gaming firm Philippine Amusement and Gaming Corporation (Pagcor) has posted a phenomenal P3.67 billion gross income in

March 2012, which is the 10 th time under its new management that Pagcor was able to break its previous monthly income record. Pagcor Chairman and CEO Cristino Nagu- iat Jr. said the agency’s March income “was P686 million higher compared to the P2.98 billion earnings in March 2011.” “It was also much better than our P3.56- billion target for March by P109 million, and far better by P104 million against our P3.56- billion gross income last February,” he noted. According to Naguiat, the feat now goes down in history as “Pagcor’s highest total income ever posted for a single month since the Philippine government went into the di- rect management of casino operations 26 years ago.” The Pagcor chief said the income from Pagcor’s own gaming operations in March

2012 reached P2.49 billion, which was a huge

P526-million increase compared to the same period in 2011. “Our upbeat operations during the quarter got an added boost from the strong perfor- mance of the other gaming establishments

we regulate, like the private licensed casinos, e-games, commercial bingo and poker clubs. They contributed P1.17 billion to our March

2012 earnings, higher by P160 million com-

pared to the same month last year,” he noted. The state firm’s robust income performance enabled the corporation to increase its remit- tances to its mandated beneficiaries. “Last March, we were able to allocate a total of P1.85 billion as the agency’s contribution to nation-building. This was P556 million, or 43% over the P1.29 billion contributions we made in March 2011,” Naguiat stressed. Among the recipients of Pagcor’s funding contributions in March were the Bureau of Internal Revenue (P125 million for the 5% franchise tax); the National Treasury (P1.18 billion); the Philippine Sports Commission (P59 million); cities hosting Pagcor casinos (P41 million); the President’s Social Fund (P200 million); socio-civic projects (P221 million); Board of Claims (P3.5 million); and contributions to the BIR in fringe benefits taxes amounting to P13 million. According to Naguiat, his management’s basic thrust is to make Pagcor a reliable government ally in moving the country towards progress. “Our mandate is not only to generate more revenues for the government’s various nation-building projects. We are also committed to help in other areas where we can make a difference and undertake programs that will directly benefit our fellow Filipinos,” he added. Rey E. Requejo

SC tackles foreigners’ investment issue today

THE Supreme Court will hear today oral arguments of the lawyers of the Philippine Long Distance Telephone Company and other businesses seeking consideration of its June 28, 2011 decision, which redefined the term “capital” in relation to the constitutional provision limiting foreign ownership of domestic public utilities to 40 percent. But the petitioner, human rights lawyer Wilson Gamboa, manifested before the SC that he has waived participation in the oral arguments on the mat- ter during its en banc public hearing in Baguio City. In a statement, Gamboa’s son Lauro stressed that his father has raised all possible arguments in the memoranda and answers to the motions for reconsideration, which he filed before his father died last year. “Let them argue until they turn blue,” Lauro said, adding that it is the turn of the PLDT and other parties to raise their arguments. Aside from PLDT chairman Manuel Pangilinan, other re- spondents who sought the re- versal of the Court ruling were Smart Communications head Napoleon Nazareno, the Secu- rities and Exchange Commis- sion (SEC), Philippine Stock Exchange (PSE), Department of Finance (DOF), and the Presidential Commission on Good Government. Earlier, Chief Justice Renato Corona disclosed that several concerned individuals and businesses have warned of the dire economic repercussions of the decision. Corona admitted that the high court did not consider the economic implications of its ruling on the PLDT case as none of the parties raised the same in their pleadings. He said this prompted the Court to hear the parties in an oral argument. Rey E. Requejo

to hear the parties in an oral argument. Rey E. Requejo Asean ally. Singapore Ambassador V.P.

Asean ally. Singapore Ambassador V.P. Hirubalan reviews honor guards who welcomed him upon his arrival at Malacañang Palace to present his credentials to President Benigno Simeon Aquino III. Lauro Montellano Jr.

CustomspressesbidforCebu‘Palace’

By Joel E. Zurbano

THE tug-of-war over the Malacanang sa Sugbo intensified yesterday after Customs Commissioner Ruffy Biazon

urged President Benigno Aquino

III to visit the Bureau of Customs

office in Cebu City and see for himself how the former warehouse has become a grave threat to the lives of the agency’s employees. Biazon said he has sent a second letter to the President asking him to inspect, personally or through a representative, the bureau’s office

in Cebu after it was structurally

damaged by the 6.9-magnitude earthquake last February. The extensive damage on the building’s structure, interior walls, ceiling and floors have made the place an unsafe

building for Customs employees, industry stakeholders and other Customs clients. Biazon reiterated his request that the bureau regain the the Malacanang sa Sugbo, which is a property of the BoC, but was taken from them by former President Gloria Arroyo. But the Cebu City government is also eyeing the Malacanang sa Sugbo for itself. “That’s a BoC property and we have the right of first refusal. Our default action is to get back what we already have. It is cheaper for

us, in the first place,” he said. Biazon said he was told by Cebu building officials to vacate their current office due to the structural damage on the building. Four major cracks of about 20 centimeter in width and about

five meters long were noticed by the building officials upon their inspection. Cracks were also observed in certain columns of the building. Biazon said Mr. Aquino himself will see that the relocation of the BoC office in Cenu is of paramount concern. “There was also an invitation for the President to see the current premises,” Biazon said, referring to the converted PPA warehouse, but there ahs been no word if the President has accepted the invitation. “Our compelling reason is the state of the present building we are occupying. It has been condemned,” Biazon said. Another big earthquake and the place could entomb BoC emplooyees alive, he added.

National Grid intensifies anti-pilferage activities

THE National Grid Corporation of the Philippines, operator of the country’s ’s power transmission network, has intensified its anti- pilferage program with a series of visits to barangays traversed by transmission lines. National Grid said in a statement that coordination efforts with local authorities are part of the company’s program to curb the pilferage of transmission line hardware and other materials in some communities. The program already commissioned the services of 32 transmission line inspectors and caretakers in various host barangays in the province of Zambales, where there were reported cases of pilferage. National Grid said that as a result of the joint efforts of the barangay and law enforcement agencies, two suspected pilferers in Zambales and Pampanga were already apprehended. Cases were already filed against the perpetrators for violating R.A. 7832 or the Anti-Electricity and Electric Transmission Lines/ Materials Pilferage Act of 1994. RA 7832 prohibits the possession, control, or custody of electric power transmission line/material by any person not engaged in the transmission or distribution of electric power, or in the manufacture of such electric power transmission line/material. Alena Mae S. Flores

power transmission line/material. Alena Mae S. Flores Angry youth. Student activists are caught vandalizing the

Angry youth. Student activists are caught vandalizing the United States Embassy on Roxas Blvd. to protest the opening of Philippine-Balikatan military execercises on Monday. DANNY PATA

military execercises on Monday. DANNY PATA WB okays $3.6m for health program By Macon Ramos-Araneta

WB okays $3.6m for health program

By Macon Ramos-Araneta

THE World Bank has approved

a total $3.6-million grant to

increase access to affordable maternal health services for low-income families in the provinces of Leyte, Southern Leyte, Samar, Northern Samar and Eastern Samar in the Eastern Visayas region. The grant will be released

through the Global Partnership

on Output-Based Aid (GPOBA)

which explicitly targets the poor

to help address some of the barriers to their access to quality health services, according to World Bank Country Director Motoo Konishi. He said the scheme consists of a three-part approach:

accreditation of 45 service providers in the project area

to ensure improved quality of

care and the capacity to meet increased demand; enrollment of about 145,000 families,

identified and determined as poor by the National Household Targeting System and a subsidized voucher scheme to bridge the gap between co- payments charged by health service providers and the amount that target project beneficiaries can afford to pay for approved services. “This output-based aid scheme supports the new government’s reform agenda to achieve universal access to health care,” said Konishi. He said the project also makes access to quality health services affordable through the subsidized voucher component and more inclusive by explicitly targeting the poor.”

He assured it will address bar-

riers to health services access by expanding insurance coverage of the poor and by supporting the upgrade of additional service pro- viders to meet the national Phil- ippine Health Insurance Corpo- ration (PhilHealth) accreditation requirements. The National Health Insurance Program (NHIP) has

a mandate to provide universal

health insurance coverage to all Filipinos and a solution to the large numbers of indigent and informal sector workers that

remain excluded from social health insurance coverage. A 2010 Philippine Health

Sector Review found that reforms

in the past decades have improved

overall health outcomes. However, disparities in access to quality health services

and health insurance coverage remain an issue for the poor.

CYAN MAGENTA YELLOW BLACK

to quality health services and health insurance coverage remain an issue for the poor. CYAN MAGENTA

A4

TU
TU

TUESDAY

AP
AP

APRIL 17, 2012

ManilaStandardToday Adelle Chua, EditorOpinion

17, 2012 Manila StandardToday Adelle Chua, Editor Opinion mst.lettertotheeditor@gmail.com E DITORIAL Show of might

mst.lettertotheeditor@gmail.com

E DITORIAL Show of might
E
DITORIAL
Show of might

NORTH Korea’s twentysomething leader, Kim Jong Un, delivered his first public speech Sunday during the 100th birth anniversary of his grandfather, Kim Il Sung. The young Kim bears a striking resemblance to his grandfather, who established the country and was revered by the North Korean people. Kim told his people that he would strengthen the military to make it a superior force and at par with the “imperialists.” A parade then showed off the military’s cache of weapons, including a missile. Nobody dared mention that the speech and the parade took place two days after the embarrassing failure of North Korea’s rocket launch , which perhaps best showed the state of North Korea’s military capability despite Kim’s grand pronouncements.

That rocket launch, to be sure, rattled some nerves in the Philippines. Several airlines anticipated debris falling into their flight paths and adjusted those flights accordingly. The National Disaster Risk Reduction and Management Council convened a meeting to prepare parts of Northern and Eastern Luzon for the effects of the launch. The United States condemned the plan and canceled food aid to North Korea, which the millions of North Koreans need badly. Kim made no mention of those setbacks in his fiery speech, of course, promising his people that they would “never have to tighten their belt again,” reported The New York Times. Despite this rosy promise, Kim did not say exactly how he intended to achieve

that goal. It is believed that millions of North Koreans go hungry, with the government spending inordinately on the military and on other items to glorify the regime. The young leader was groomed to speak this way, extolling the might of the North Korean military, speaking ill of the West and controlling what the population thinks and feels. North Korea causes anxiety to the rest of the world primarily because of the mystery that shrouds it. The reclusive state reveals so little of itself to the outside world. In the same way, it isolates its own citizens from external influences by tight censorship of information. This is the environment in which leaders like the Kims thrive and are able

to pursue their personal designs without fear of agitating their citizens. One can only commiserate with the North Koreans, kept ignorant of what goes on outside their borders and bombarded with propaganda that extolls their leader despite the desolate conditions they mistake for utopia. Count it as a good thing that we Filipinos are able to speak out about our hopes and dissatisfactions. We are aware—sometimes too aware—of what is wrong in the government and in our society because we see through our leaders and know where they are coming from. Amid all the things that we find wrong, or lacking, in our country, our might is that we can agree or disagree. So long as we do it fairly, no one will run after us for doing so.

Noynoying Noynoying in in Mindanao Mindanao JOJO JOJO A. ROBLES L OWDOWN PRESIDENT Noynoy Aquino
Noynoying
Noynoying
in in Mindanao Mindanao
JOJO
JOJO
A. ROBLES
L
OWDOWN
PRESIDENT Noynoy Aquino likes
to brag that his closest allies are as
pure as the driven snow, unsullied by
even a whiff of
corruption. But
fashion, the President told them to do
so nearly two years too late.
Yes, Mindanao’s long-predicted
electricity supply shortfalls should
have been addressed by Malacanang
from the get-go, when it assumed
office in the middle of 2010. And no,
Aquino’s former classmate and close
buddy Energy
Secretary Rene
sometimes you
have to wonder if
Almendras, who
knew about
he
really knows
A
Aquino, in
these people
and, if he does,
chooses to ignore
their shady pasts.
Just before
Holy Week, a
gaggle of three
(yes, three)
true tru rue noynoying
fashion, steps into a
problem two years
the Mindanao
situation, cannot
be absolved for
noynoying about
the problem also,
even if his boss
is guilty of the
too late.
h
e l i c o p t e r s
forming the
official party of
Aquino arrived
at the birthday party of a Southern
Luzon congressman. This was
certainly high praise for the neophyte
lawmaker, who basked in the glory
of being important enough to deserve
such an extravagant visit from Aquino
while power outages were bedeviling
22 million people in Mindanao.
The congressman is facing charges
that he absconded with half a billion
pesos in public funds intended to
buy land for a government project
same thing.
For instance,
Almendras must
have known that
the rehabilitation
of the Agus-
Pulangi hydropower complex, whose
deterioration is the main cause for the
Mindanao blackouts, was one of his
top priorities when he assumed office.
Almendras must also have pushed
for the creation of a power grid for
the entire Mindanao, to facilitate the
use of excess power in one part of the
island to other parts where demand
is high. (Mindanao, unlike Luzon
and the Visayas, still has no grid to
centralize and distribute power to this
day.)
Almendras could have made it his
business to connect Mindanao to the
Visayas grid as a backup, something he
knew (as a former Aboitiz executive)
was perfectly possible. Knowing also
how Aboitiz had entered into forward
supply contracts for its power barges
to ensure supply and shield consumers
from price spikes—as both blackout-
proof Cagayan de Oro and Davao
City have done—or even tried Cebu’s
unique system of paying businesses
to use their generators regularly, with
the power supplier paying for the cost
difference.
Heck, as Aquino’s energy czar,
Save Jessica!
GARY
GARY
OLIVAR
in his province, filed initially by the
local Commission on Audit office
and now being heard by the CoA
headquarters in Quezon City. Apart
from the disappearance of the funds,
BYPASS
events like TV shows to remind us that
America can be so different from the
rest of the world, but so much the same
as well.
In this instance we have Jessica
Sanchez, a typical California teenager,
READERS who’ve been tracking the
the
congressman also stands accused
of taking illegal commissions from
the
purchase—something unheard of
in all purchases made by government.
But the congressman apparently
moved heaven and earth to make
Aquino come on his birthday,
to send the message that he was
“untouchable.” And Aquino
may not have known about the
congressman’s checkered past, since
he was apparently convinced to visit
by another lawmaker representing
Almendras could have convinced
a nearby district; this second
congressman plays a very important
role in the House-led prosecution
of impeached Chief Justice Renato
Corona in the Senate.
It’s either that or Aquino, as has
been widely rumored in the past,
just can’t resist a party. And show
everyone that while some big shots
can
drop in riding a chopper, it takes
Aquino to really darken the sky with
three whirlybirds when he comes
a-visiting.
You have to wonder, though,
who’s paying for the fuel of all three
helicopters Aquino uses like they
were mere Nissan Safaris belonging
to the Presidential Security Group.
And who owns the choppers—and
what they expect to get in return from
Aquino.
* * *
Speaking of Mindanao, that was
a
well-thought out speech given by
Aquino during last week’s “energy
summit” at Davao City. The only
trouble with Aquino telling the people
of the island that they needed to pay
more money if they wanted more
electricity is that, in true noynoying
the many power cooperatives in
Mindanao to accept that they had
to pay higher for steady electricity
using a supply mix that wasn’t too
dependent on seasonal hydropower, if
he had really wanted to. At the very
least, he would have started bidding
and work on new power plants—
something Almendras knew would
take at least three years for each one.
But Almendras, for reasons
idiotic like noynoying or sinister like
privatizing power assets, did nothing
of the above. In fact, prior to the
start of the island-wide blackouts,
Almendras only claim to fame was
allowing Aquino to use his cellular
phone to contact women who caught
the eye of his noynoying boss—
who must now reap the whirlwind
for the mess that neither he nor his
energy secretary thought was all that
important to begin with.
In other countries, a Cabinet
member like Almendras would have
been fired if he did not resign in shame
first. But because he is a card-carrying
“KKK” member directly influenced
by the reality distortion field of his
boss, that’s just not going to happen.
phenomenal progress of 16-year-
old Jessica Sanchez through the final
rounds of the hit TV show American
Idol—now 11 years on the air, only
five years shorter than Jessica’s own
lifetime—got the shock of their lives
when the precocious singer was voted
off the show by American televiewers.
The show’s veteran judge, recording
producer Randy Jackson, spoke for
a lot of viewers when he described
last week’s selection of the “bottom
three” contestants as the worst such
combination he’d seen in his entire stay
on the show. His outrage was shared
by the other two judges, musical icons
Steven Tyler and Jennifer Lopez. At
the end of the show, all three of them
j jumped onstage, cutting Jessica off mid-
song, in order to cast their once-only
“save” option for her.
Jackson admonished the show’s
viewers to be sure next time to cast their
votes only for “the best”—an appeal
for the show’s integrity as much as for
Jessica. As often happens, whenever a
contestant displays outstanding talent,
viewers may not bother anymore to vote
for him or her because they assume that
talent alone will carry the contestant
through. And in Jessica’s case, with
her powerful voice, effortless delivery,
and instinctive showmanship—set off
by an Asian kind of demureness—that
assumption might well be forgiven.
But at the end of the day, it all boils
down to how many votes can be coaxed
out of an American TV audience that
spans three time zones and a bewildering
demographic stew. And in Jessica’s
case, we see once again the complicated
dynamics of race and culture that
pattern the everyday lives of millions of
immigrants and other people of color in
the US, periodically surfacing in public
whose father is Mexican and whose
mother is Filipina. The parents are later-
generation immigrants, with no trace
of homeland accents. Jessica herself—
with her dusky complexion, sloe eyes,
generous lips, and slight built—looks
nothing like her father (could he be just
her step-dad?). And of course, those
pipes and that talent could only come
out of Manila, not Mexico—as any
Filipino would assure you.
The Mexican and Filipino American
communities share a lot of the same
space, mostly in California. Relations
between both groups are generally
amicable—the product of shared
history going as far back as the
galleon trade between the two Spanish
colonies centuries ago, and as recently
as the regular battles between boxing
icons like Manny Pacquiao and Juan
Miguel Marquez (three times now).
The pugilists from both countries will
invariably kneel and cross themselves
before a bout in deference to a shared
Catholic heritage—though the Church
fared much better here than in Mexico,
where it was long marginalized from
public life by an anti-friar tradition of
insurrection.
These two communities are the first
and second largest immigrant groups,
respectively, in the US. It is much easier
for Mexicans to slip across the border
into the country, wide swathes of which
used to be Mexican territory. Once
inside, with their limited education and
English skills, Mexicans gravitate to
the lower-level jobs. A proud people,
they thus become very prickly about
their ethnic identity and tend to vote
Democrat, the home party of identity-
based politics.
By contrast, Filipinos wishing to
immigrate to the US face more daunting
obstacles from an ocean away. Once
they get there, though, they can rely on
relatively higher education and English
skills to win higher-level jobs, which in
turn facilitates their natural inclination to
blend into the American mainstream as
quickly as possible. This is why they tend
to vote Republican, and also why there
are much fewer political leaders from
their community—because, by seeking to
integrate so quickly, Fil-Ams also give up
the loyalty to each other that immigrants
need to launch political careers.
Unfortunately for these two groups,
other Latin American and Asian
communities tend to look down on
them, despite their size and rapid
growth. Blacks tend to be threatened
by immigrants in general, who come in
willing to take the jobs they are likely
to disdain. And among many white
Americans, Mexicans and Filipinos are
regarded as just more people of color,
burdened with additional baggage—
purveyors of a different language and
culture (in the Mexicans’ case, to the
point of deliberate cultural separatism);
new immigrants, often illegal, and
prolific breeders—arrivistes who
haven’t yet paid their dues to the
American melting pot.
This is the heritage that Jessica—like
it or not—will be presenting to millions
of American televiewers. It will not be
working in her favor—one reason why
both Filipino and Mexican Americans
need to turn out as never before to throw
their support behind her in the weeks to
come.
If the combined strength of both
communities could lift this shared child
of theirs to well-deserved success, what a
statement indeed that would make to her
global audience—about the generosity,
the equity, the exceptionalism of the
American experience! And therein
lies the real reason why she should be
supported—because of the opportunity
it gives her “home” communities to
make their adoptive country shine, once
again, before the rest of the world.
gbolivar1952@gmail.com

ROGELIO C. SALAZAR Publisher Managing Editor Associate Editors News Editor

ROLANDO G. ESTABILLO RAMONCHITO L. TOMELDAN CHIN WONG/ RAY S. EÑANO RALEIGH J. JALECO

JOEL P. PALACIOS City Editor ROMEL J. MENDEZ Art Director

President & CEO

CLIMACO E. CALIWARA ANITA F. GREFAL

EDITH D. ANGELES Advertising Manager EDGAR M. VALMORIDA Circulation Manager

Controller

Treasury Manager

Manila

Standard

TODAY

MST

ONLINE

can be accessed at:

www.manilastandardtoday.com

Published Monday to Saturday by Kamahalan Publishing Corporation at 3rd Floor Universal Re Building, 106 Paseo de Roxas corner Perea Street, Legaspi Village, Makati City. Telephone numbers 659-4830 (connecting all departments), 659-4826; 659-4827 (Editorial), 659-4803, 659-4802 (Advertising), 527-5016 (Sales and Distribution/Subscription) and 527- 2057 (Credit and Collection). Fax numbers: 659-4804 (Advertising) and 527-6406 (Subscription). P.O. Box 2933, Manila Central Post Office, Manila. Website: www.manilastandardtoday.com E-mail: mst@ manilastandardtoday.com

MEMBER

PPI

Philippine Press Institute The National Association of Philippine Newspapers

mst.lettertotheeditor@gmail.com

ManilaStandardToday Adelle Chua, EditorOpinion

Manila StandardToday Adelle Chua, Editor Opinion TUESDAY AP APRIL 17, 2012 A5 A A case of

TUESDAY

AP
AP

APRIL 17, 2012

A5A

Adelle Chua, Editor Opinion TUESDAY AP APRIL 17, 2012 A5 A A case of graft and

A case of graft and corruption

EMIL EMIL P. JURADO TO THE POINT
EMIL
EMIL
P. JURADO
TO THE POINT

IN SEPTEMBER or October last year, concerned employees of the Development Bank of the Philippines filed a complaint before the Office of the Ombudsman against their

chairman, Jose Nuñez Jr., for graft and corruption and violation of the Code of Conduct and Ethical Standards for Public Officials. The same complaint was also filed before the Bangko Sentral ng Pilipinas. This happened after the suicide of DBP lawyer Benjamin Pinpin, who took his own life

because of a show- cause order from Nuñez.

Nuñez

is

a

Lear Jet, Sometime in November 2010— to Cagayan de Oro using the bank client’s Lear Jet again, November 25-26 2010—to Vigan, Ilocos Sur using the bank client’s King Air plane, Sometime in January 2011—to Batangas for a golf tournament using the bank client’s private plane. Zamora reportedly has several loans from the DBP. So why isn’t Ombudsman Carpio- Morales acting on the employees’ complaint? Daang matuwid, my foot! And why isn’t the Bangko Sentral also not doing anything? Section 16 of the General Banking Law of 2000 prescribes the “fit and proper rule” of bank directors and officers, stating that “after due notice to the

board of directors of the bank, the Monetary Board may disqualify, suspend or remove any bank director or officer, who commits or omits an act which render him unfit for the position. In determining whether

an individual is fit and proper to hold the position of director or officer of a bank, regard shall be given to his integrity, experience, education, training and competence.” Well, isn’t Nuñez a bank officer who must be subject to the same fitness standards? It’s quite obvious that there’s a double standard of accountability here —one for friends of the President, and another one for his political enemies. *** Vice President Jejomar Binay need not explain the organization of the United National Alliance, a joining of forces of his PDP-Laban and former President Joseph Estrada’s Partido ng Masang Pilipino, as well as other political parties like the Nacionalista Party, Nationalist People’s Coalition, and some members of former President Gloria Arroyo’s Lakas- Kampi. Why should he? Binay is not beholden to President Aquino for anything. He ran under his own party, and not under the Liberal Party which the President heads. If Malacañang and the Liberal Party are having sleepless nights on the formation of the UNA, I can’t blame them. The UNA does present a formidable challenge to the administration party. Maybe the Liberals should also seek a coalition with others. I doubt whether it could do this, though. UNA is now the predominant political party.

*** Pilipino Mirror, a mass-circulated daily tabloid in Taglish, was launched Monday by the ALC media group. ALC stands for Antonio Cabangon Chua, whose conglomerate also publishes Business Mirror and Graphic and a dive magazine called View. The ALC Group also has DWIZ, and Insular Broadcasting System. I wish the ALC Group the best in this new venture.

System. I wish the ALC Group the best in this new venture. m T The Ombudsman
System. I wish the ALC Group the best in this new venture. m T The Ombudsman

m

T The

Ombudsman and

O

the Bangko Sentral

have not acted on this complaint. Why?

O the Bangko Sentral have not acted on this complaint. Why? a protégé of businessman Salvador
O the Bangko Sentral have not acted on this complaint. Why? a protégé of businessman Salvador

a protégé of

businessman

Salvador “Buddy”

Zamora,

contributor to President Benigno Aquino III’s campaign in 2010. Strangely,

eight months have

passed and no action has been taken by Ombudsman Conchita Carpio-Morales or BSP Governor Amando Tetangco.

I have written about this before

and

I do so again now. How does

the

inaction of the two agencies

fit into the much-vaunted “Daang Matuwid” or straight and narrow path of President Aquino? The bank employees say that “for the first time in the history of the bank, the chairman of the board of directors, Jose A. Nuñez Jr., has entirely thrown caution to the wind and has acted with utmost impropriety by:

Cavorting in his provincial sorties,

under the guise of project visits, but actually to play golf; Worse, in these sorties, he solicited and used, in gross violation of ethical standards for public officers

and employees and for his personal

benefit, the private plane of a bank

client, who has several accounts

with the bank, the approval of which

are often within his and the board

authority; and When the accounts of said client were taken up in the board for approval, the chairman of the board, being a known lackey of the

client and a director of the latter’s company, did not even bother to inhibit himself from the proceedings even for delicadeza’s sake, and had the temerity to preside in the voting

for the approval of the client’s

accounts.” The client referred to is Zamora,

a friend of President Aquino. Nuñez

was reportedly a former chief of staff of Zamora. This was why Nuñez managed to be named bank chairman even though he was not known in banking circles. The complaint listed violations of the Anti-Graft and Corrupt Practices

Act by Nuñez in using Zamora’s

planes as follows:

September 2, 2010—to General Santos using the bank client’s

Mindanao’s energy future (2) DEAN TONY DEAN TONY LA VIÑA EAGLE EYES will displace oil
Mindanao’s energy future (2)
DEAN TONY
DEAN TONY
LA VIÑA
EAGLE EYES
will displace oil fired units forced to run
even at the start of day, turning what
are otherwise suppliers of energy at
high costs into replenishing reserves.
Compare solar’s rate impact of only
2.28 centavos to the variable costs of
running an oil fired plant, now hitting
more than 9 pesos per kwhr. Solar’s
addition to blended rates are 2.28
centavos, while that of oil is estimated
to be about 3x higher. In either case,
solar wins hands down.
Under a feed-in tariff scheme, the
subsidies are the difference between
FiTs and the costs of units displaced
(at 4.50 according to NREB). They are
multiplied by solar’s generation, before
they are spread over the country’s total
consumption, resulting in what are
known as retail impacts—the increase
per kwhr that each customer pays.
The volume produced (139 284 MWH)
by solar—less than half a percent of
total demand—is so small that when
you blend it with total nationwide
consumption (67,743,000 MWH), you
turn the wholesale costs of 17.95 pesos
now. You can be sure they will go up
in the long term. And yet one of the
complaints against renewables is that
their rates are fixed for 20 years! They
will decline in real terms.
You cannot repeat it often enough:
IN CONTINUING to make the case
that Mindanao’s energy future should
be bet on renewable energy I rely again,
as I did last Saturday, on the arguments
of Mr. Ramon C. Abaya, deceased
Chairman of the Cagayan Electric
Power and Light Company, Inc. and
renewable energy visionary, who just
before he died, sent me an article on
why solar energy is affordable and the
right choice for Mindanao. According
to Abaya, arguing for Feed-in-Tariffs
(FiTs) for solar energy:
FiTs are productivity based; each
centavo raised hinges on each user’s
consumption, thus incentivizing more
production on the developer’s part; it
is clearly the opposite of a take or pay
scheme – whereby a minimum is paid
regardless of consumption. Subsidies
from the government hinge on tax
rates and its collection performance.
How stable and certain are those?
How efficient has any government
conducted its income transfers? Guess
which system can potentially undermine
the economy’s macro-economy, when
deficits are exacerbated by imports with
fluctuating prices outside of anyone’s
control.
Solar hardly competes with base load
plants running on coal; it competes with
technologies that are available during
the day, over and above base loads. In
Mindanao, where supply is tight, solar
to a mere 2.28 centavos at retail.
FiTs are not the same as FiT
impacts; FiTs are wholesale rates,
while impacts are at retail. FiTs are
in terms of kwhr produced; while
impacts in kwhr consumed. FiTs are
the cost of production while impacts
are the price of consumption. The
contrasts are stark. Our experience
in running oil fired units as standby
in the past 16 years show that
oil prices have been on a marked
upward trend of about 9 % to 12%
solar’s impact on retail when 100mw
shall have been reached within 3 years,
is 2.28 centavos per kwhr. Solar’s retail
impact is lower than those for wind
(3.74), biomass (4.12) even if its FiTs
are the highest. And there are other
benefits as well: the taxes and fees
that 400 million US dollar investments
will add to the national treasury; and
the number of new jobs generated,
the benefits of clean air and a pristine
environment, the dampening of extreme
weather patterns, and the reduction in
public health hazards. While these are
hard to value, they are anything but
trivial, and you ignore them at your and
the future generation’s peril.
Energy independence, the use
of inexhaustible resources, and
economic growth without harming
the environment: these are some of
the Renewable Energy Act’s policy
declarations. Are these goals still
debatable? Isn’t it time to get on with
the implementation?
Abaya’s call to implement the RE
act is a good way to sum up this two-
part column on the energy situation
of Mindanao. To go renewable is
not only environmentally sound but
economically efficient; and yes, it is the
ethical, right thing to do to secure the
energy future of our great island.
a year; but who is to say what they
E-mail: tonylavs@gmail.com Facebook:
will be next year, or 4 years from
tlavina@yahoo.com Twitter: tonylavs
EVERYMAN
Earth: limited edition
By Giorgia Denise Danga
from the broken glass that you didn’t
see because of the dark waters. After
GREEN—the fourth color of the
rainbow, the hue of the go-signal on a
traffic light, the shade of my checkered
uniform, Kermit the frog’s skin tone.
But there’s much more to the green. It
is the pigment that gives color to plants.
Green is life.
That day in September 2009 was an
eye-opener for all of us. It was raining
hard. I love the rain, I really do—but
not this one. I was eating lunch with
my family when flood water entered
our house. I lost my appetite seeing
tetra packs, plastic bags and used
diapers floating around our residence. I
never believed that I could actually see
what I saw, just like the movies-trucks
loaded with people, houses completely
submerged in rain water and mothers
carrying their children to safety.
Ondoy brought loss of lives and
properties. And after that day, I asked
myself: What has happened to our world?
Is this what they warned us about over and
over, that we should take care of Mother
Nature before it strikes back?
I realized the Earth has already
stricken, I’m sure that there’s more to
come.
There are billions of people around
the globe. What can a 16-year-old do?
Life is a series of causes and effects.
It’s a huge game of domino; one wrong
move and the rest will follow. Imagine
how a piece of candy wrapper can lead to
your death. You eat a candy then throw
the packaging along the sidewalk. The
weather’s kind of windy and leads it to
the canal which is where rats and pests
live. Your candy wrapper clogged the
drainages and unfortunately the weather
forecast is not very good. It rained so
hard that it flooded the whole town. And
as you dive into the waters to go to the
evacuation center, you got a laceration
a while, you realize that you got the
“leptospirosis” and then eventually die
of the rat’s urine. Now this may sound
exaggerated but the whole point here is
that every single action has its parallel
reaction.
Now, what really causes Earth’s
destruction; primarily three things-
carbon dioxide, pollution and human
ignorance. The carbon dioxide being
emitted by our consumption of energy
leads to the so-called global warming.
Global warming that results in climate
change which is slowly murdering our
planet. Species extinction due to loss
of habitat, rampant diseases, extreme
temperature change, all of these are
slowly killing us. We cannot actually
blame Mother Nature for all the
calamities that have happened. Well in
fact, we people are the root cause of the
chaos. We people have needs and God
has given us everything we need. It’s
just that we tend to become selfish and
ignorant that we don’t realize that we
are becoming so abusive. After cutting
that tree, throwing that garbage in the
sea and taking a long hot bath in that
shower, we human beings still don’t
know how to appreciate and give back.
I’m quite sure we all are guilty of
being irresponsible inhabitants of planet
Earth. It’s not too late. We could still
do tons. Start step by step and create a
“Green Schedule” on your planner. On
paper of your math test. Why not spend
your Saturday giving your computer a
rest and spending more time outdoors
with your bike? And on Sunday, try
joining the community clean-up events
near your home. The next week, why
not grow your own garden, remind
everyone to unplug appliances and
switch off lights when not in use, carry
an eco-friendly tote bag when shopping,
turnover your recyclable materials to
the junkshop or save water by taking
shorter showers? The list goes on. And
if you continue doing this regularly, in
no time you’ll be realizing that your
little help does big wonders.
We really should take care of the
blue planet before it’s too late. Even if
NASA’s already working on it, I still
believe that you cannot find life in any
other place besides Earth. Earth I can
say is the most blessed place in the
universe simply because of the word
“life”. There is only one Earth, once it’s
gone, we can never bring it back. We
should begin actually listening to all the
warnings and start living “green”. Life
is short, Earth is slowly dying. Don’t
just stand there and stare. Make a move
while you still can.
Ms.
Danga
just
graduated
from
high school from St. Matthew College,
San Mateo Rizal.
a Monday start by remembering the
three Rs: Reduce, Reuse and Recycle.
The next day, you could convince mom
and dad to switch to organic food.
They’re healthier and better for the
land. On Wednesday wear shirts with
environmental friendly slogans. When
you see litter, pick it up and throw it in
the nearest trash bin on Thursday. And
on Friday, use both sides of the scratch
Everyman is Manila Standard Today’s
new column for citizens’ commentary on
pressing issues in the Philippines and
in the world. Anybody who feels he or
she has something of value to add to
the discussion on the pertinent issue is
encouraged to contribute.
Articles must be between 600 and 800
words. Please send them in MS Word or
any compatible format to adellechua@
gmail.com or mst.lettertotheeditor@
gmail.com

The Obamas and their taxes

By Richard Rubin

PRESIDENT Barack Obama and his

wife, Michelle, paid 20.5 percent in fed-

eral taxes on $789,674 in adjusted gross income for 2011, injecting his personal

finances into the political fight over tax policy. The Obamas reported earning less

than half of the $1.7 million they made

in 2010 and less than 20 percent of the $5.5 million they made in 2009, accord- ing to tax returns released yesterday by

the White House. Their tax rate declined

from 26.3 percent in 2010 and 32.6 per-

cent in 2009. Obama, whose salary as president is $400,000 a year, received most of the

rest of his 2011 income from sales of his books. His gross income from book sales declined to $487,928 for 2011 from more than $1.5 million the previous year. As the April 17 tax-filing deadline nears, Obama has been emphasizing his tax-fairness campaign theme and promot- ing a proposal to impose a minimum tax on those earning $1 million or more a year. That measure, known as the Buffett

Rule, was scheduled for a procedural vote

in the Senate on Monday, April 16. The administration put a Buffett Rule

calculator on the White House and cam- paign websites. With a few keystrokes, a taxpayer can determine “how many millionaires pay a lower effective tax rate than you.” If the Buffett Rule were in effect, the Obamas wouldn’t be subject to its pro- visions because they earned less than $1 million for 2011. They would be affected by other tax policies the president is pro-

posing. Paying more taxes “Under the president’s own tax pro- posals, including the expiration of the high-income tax cuts and limitations on the value of tax preferences for high-in- come households, he would pay more in taxes while ensuring we cut taxes for the middle class and those trying to get in it,” Jay Carney, the White House press secre- tary, said in a blog post. The Obamas overpaid taxes during the year and requested that their $24,515 re- fund be applied to their 2012 tax payment. They donated $172,130 to charitable or- ganizations, or 21.8 percent of their ad- justed gross income. The charitable donation figure is a lower dollar amount and a greater per- centage of their income than for 2011, and it’s a big reason why their tax rate is

lower than that of many households with incomes in that range. According to the nonpartisan Tax Poli- cy Center in Washington, households with cash income of between $500,000 and $1 million in 2011 paid an average of 23.7

percent of their adjusted gross incomes in federal income taxes. Military charity The largest recipient of the Obamas’ donations was the Fisher House Founda- tion, which provides lodging to relatives of hospitalized members of the military and scholarships to children of deceased and disabled soldiers. The Obamas gave $117,130 to the organization in 2011. In 2011 they donated $5,000 each to the Boys & Girls Club, Habitat for Hu- manity, the United Negro College Fund and Sidwell Friends School, which their daughters attend. Unlike last year, the Obamas were sub- ject to the alternative minimum tax, the parallel tax system for high earners. The AMT added $12,491 to their tax bill for

2011.

Steven Bankler, an accountant in San Antonio, Texas, said the president’s re- turns don’t show smart money manage- ment because his investments are in low- yield US government securities and he is

most likely paying interest on the mort- gage of his Chicago home at a higher rate than he is earning. “He manages his money pathetically,” Bankler said. “He’s got it backwards. This is a man that’s trying to tell us how to make decisions on managing our money.” Book earnings Bankler also questioned Obama’s de- cision to report his book earnings as busi- ness income subject to self-employment payroll taxes. He wouldn’t have to pay those taxes if he reported the income as royalties. More than half of Obama’s book sales occurred outside the US, according to his foreign tax credit form. Anthony Nitti, a tax partner at Withum- Smith & Brown in Aspen, Colorado, said Obama appears to have taken a relatively conservative approach to his tax return. “To me, his return looks like it’s been carefully considered for public release,” he said. Use of the White House doesn’t count as income under a section of the tax code that allows the exclusion for people who are provided meals and lodging for their employer’s convenience. Presidents haven’t reported the personal use of gov- ernment resources tied to their security,

such as Air Force One, as income. Secretary’s rate Obama pays a slightly higher tax rate than his secretary, said Amy Brundage, a White House spokeswoman. Anita J. Breckenridge is paid $95,000 a year, ac- cording to the 2011 White House report to Congress on staff salaries. Brundage de- clined to provide details about Brecken- ridge’s tax rate or return. The Buffett Rule is named for billionaire investor Warren Buffett, who says he pays a higher tax rate than his secretary does. Vice President Joseph Biden and his wife, Jill, reported paying $87,900 in fed- eral taxes for 2011 on $379,035 in adjust- ed gross income for a 23.2 percent rate. The White House released the Bidens’ tax returns on Friday. Citizens “ought to be able to know that everyone one else is paying their fair share as well,” Biden said April 12 at a campaign event in Exeter, New Hamp- shire. “But the truth is you know they’re not,” he said. “The truth is, when you pay those taxes, you know not everyone is paying their fair share.” The Bidens donated $5,540, or 1.5 percent of their adjusted gross income, to charity in 2011. Bloomberg

A6 T TUESDAY A APRIL 17, 2012 Manila StandardToday News mst.daydesk@gmail.com IN BRIEF Isabel Oli’s

A6

T
T

TUESDAY

A
A

APRIL 17, 2012

A6 T TUESDAY A APRIL 17, 2012 Manila StandardToday News mst.daydesk@gmail.com IN BRIEF Isabel Oli’s househelp

ManilaStandardToday

News
News

mst.daydesk@gmail.com

IN BRIEF Isabel Oli’s househelp takes off with P100,000 ACTRESS Isabel Oli has lost P100,000
IN BRIEF
Isabel Oli’s househelp
takes off with P100,000
ACTRESS Isabel Oli has lost
P100,000 in cash and personal
belongings after her maid of four
months took off while the actress was
working out of town.
Oli told police she leanred of
the theft when she found her room
in disarraty after returning home in
Fairview, Quezon City at around 8
p.m. on Sunday from an out-of-town
video recording. She lost some cash,
two expensive wrist watches, two
cell phone units and a digital camera,
all worth around P100,000.
The actress said her house maid,
Lorna Baliba, 38, was also missing.
Oli said she hired Baliba solely on
the maid’s claim that she was once
a housemaid of her friend, actress
Angel Locsin, but she failed to verify
the claim.
It was only after the theft that she
called Locsin, who told her that Baliba
had been victimizing other actors and
actresses. Rio N. Araja
Victims urged to testify
vs. 2 extortionist cops
MANILA Mayor Alfredo S. Lim
yesterday urged those who have been
victimized by two Manila policemen
to come out and lodge a complaint
against the cops whom he ordered
summarily dismissed for extorting
money from two Koreans .
Lim issued the call after Iwasaki
Kinitchi surfaced with the same
complaint against PO2 Reynaldo
Faller Olivo, 37, and PO1 Vincent
Paul Ubaldo Medina, 26, both
assigned to Station 5 of the Manila
Police District.
The two allegedly extorted money
from Korean nationals Lee Jun Hee
and Baek Sung Kyun, who were just
walking around the Malate Church
last April 7. The Koreans allegedly
gave the policemen P20,000 in cash.
Kinitchi, for his part, complained
that the two policemen accosted
him on April 4 and threatened to
file unknown charges against him if
he does not give them money. The
tourist gave them a total of P155,000
in cash. Macon Ramos-Araneta

Vagrants get Luneta jobs

By Macon Ramos-Araneta

BEGGARS and other vagrants who frequent the Rizal Park area recieved a new opportunity for renewal after the National Parks Development Committee employed them as street sweepers, electricians, gardeners and janitors.

ni Maria Makiling Forest Park in Los Banos, Laguna. Meanwhile, a group of children, aged 10-17, gathered at the Lancaster Hotel on Shaw Boulevard in Mandaluyong City yesterday for a three-day conference. Participants from different

parts of the country are expected to articulate their understanding of a Child Friendly Philippines as a Caring and Protective Society for Children and craft a Children’s Statement articulating how they can

be engaged by government

in building a child-friendly Philippines. Likewise, they will select

the children-delegates to the

ASEAN Children’s Forum,

a mechanism for child-

participation within the ASEAN. Emerging issues and threats to making the Philippines a child-friendly society will be discussed during the conference such as violence against children, Internet

safety Access, impact of media on young minds, disaster risk reduction and management

and

how children can help in

the

changing climate and the

ASEAN Children’s Forum. The event is organized by the Council for the Welfare of Children, an attached agency of the Department of Social Welfare and Development, in collaboration with the National Committee on Child and Youth

Participation and UNICEF- Philippines.

Model citizens. Taxpayers try to cheerfully comply with their obligations to the country as they

Model citizens. Taxpayers try to cheerfully comply with their obligations to the country as they qeue to file their tax returns at the Bureau of Internal Revenue on Quezon Avenue in Quezon City. MANNY PALMERO

Customs trims press corps

to 40 from 400 ‘mediamen’

CRACKING down on psuedo-journalists peddling influence at the Bureau of Customs, the agency has officially accredited 40 reporters, cameramen and photographers, only 10 percent of 400 who were accredited in the past. Elenita Abano, head of the Customs Public Information and Assistance Division (PIAD), said about 55 media outfits officially sought accreditation with the bureau, ahead of the “No-ID, No Entry” policy scheduled to be implemented soon. So far, some 117 media practitioners have applied for accreditation. Of the 117, 40 have already received their Radio Frequency Enhanced ID cards (RFID) which grants them access to any office in the bureau. The rest of the ID applications are still being assessed and processed, Abano added. Two media groups have questioned the policy before the Supreme Court for alleged violation of freedom of the press and asked that

it be struck down, but the high court did not issue a temporary restraining order and allowed Customs Commissioner Ruffy Biazon to push through with the accreditation policy. Biazon ordered the Enforcement and Security Service to enforce the policy aimed to weed out fake journalists who allegedly protect smugglers. Biazon said those without accreditation can still enter BoC premises as long as they have visitor’s pass. “However, they cannot perform their functions as media, covering BoC and interviewing officials since they are not accredited,” he pointed out. The Customs Media Association Inc. and the Customs Tri-Media Association Inc. earlier asked Biazon to recognize them as legitimate media entities, and to honor “the use of the CMAI and CTMAI IDs as valid instrumentality in covering Customs activities,” but Biazon turned down the request. Joel E. Zurbano

Republic of the Philippines DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS Regional Office No. IV-A (CALABARZON)

Republic of the Philippines

DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS

Regional Office No. IV-A (CALABARZON) OFFICE OF THE DISTRICT ENGINEER Quezon 3rd Districtr Engineering Office Catanauan, Quezon

Invitation to Bid No. 2012-05

The Department of Public Works and Highways (DPWH), Quezon 3rd District Engineering Office, Catanauan, Quezon, through its Bids and Awards Committee (BAC), invites contractors to bid for the following contract(s):

1. Contract ID:

12DM0026

Contract Name:

Improvement/Rehabilitation

of

Padre

Contract Location:

Burgos-Pototanin Junction Road Agdanga-Unisan Section Asphalt Overlay

 

Scope of Work:

Approved Budget for the Contract:

Php10,000,000.00

 

Contract Duration:

60 Calendar Days

Cost of Biding Documents:

Php10,000.00

2. Contract ID:

12DM0027

Contract Name:

Construction

of

Segaras-Yugno

and

Net Length:

(Umagos) Sections Farm to Market Road 7.20 k\Kms.

Contract Location:

Brgy. Camplora, San Andres, Quezon

Scope of Work:

Construction

Approved Budget for the Contract:

Php23,280,000.00

Contract Duration:

150 Calendar Days

Cost of Bidding Documents:

Php20,000.00

The BAC will conduct the procurement process in accordance with the Revised Implementing Rules and Regulations of Republic Act No. 9184. Bids received in excess of the ABC shall be automatically rejected at the opening of bid.

To bid for the contract, a contractor must submit a Letter of Intent (LOI) and must meet the following major criteria: (a) prior registration with DPWH, (b) Filipino citizen or 75% Filipino-owned partnership, corporation, cooperative, or joint venture with PCAB license applicable to the type and cost of this contract, (c) completion of a similar contract costing at least 50% of ABC within a period of ten (10) years, and (d) Net Financial Contracting Capacity at least equal to ABC, or credit line commitment for at least equal to 10% of the ABC. The BAC will use non-discretionary pass/fail criteria in the eligibility check and preliminary examination of bids.

Unregistered contractors, however, shall submit their applications for registration to the DPWH-POCW Central Office before the deadline set for the receipt of LOI’s. The DPWH POCW-Central Office will only process contractor’s applications, with complete requirements, for registration and to be issued the Contractor’s Certificate of Registration (CRC). Registration forms maybe downloaded at the DPWH website www.dpwh.gov.ph

The significant times and deadlines of procurement activities are shown below:

1. Receipt of LOI’s from Prospective Bidders

April 16 - April 23, 2012, until 2:00 PM

2. Issuance of Bidding Documents to registered contractors

April 16 - May 8, 2012

3. Pre-Bid Conference

April 26, 2012 @ 10:00 AM

4. Receipt of Bids

May 8, 2012 until 1:30 PM

5. Opening of Bids

May 8, 2012 after 2:00 PM

The BAC will issue hardcopies of Bid Documents at the DPWH, Quezon 3rd District Engineering Office, Catanauan, Quezon, upon payment of a non-refundable fee for Bidding Documents. Prospective bidders that will download the BDs from the DPWH website shall pay the said fees on or before the submission of their bid documents. The Pre-bid conference shall be open only to interested parties who have purchased the BD’s. Bids must be accompanied by a bid security, in the amount and acceptable forms stated in Section 27.2 of the Revised IRR.

Interested contractors are also required to present the originals of their PCAB License and Contractor’s Registration Certificate to the BAC for authentication and should be represented by the Authorized Liaiason Officer of the company, whose name is stated in their CRC. No substitution will be entertained.

Prospective bidders shall submit their duly accomplished forms as specified in the Bidding Documents (BD’s) in two (2) separate sealed bid envelopes to the BAC Chairman, DPWH, Quezon 3rd District Engineering Office, Catanauan, Quezon. The first envelope shall contain the technical component of the bid, including the eligibility requirements. The second envelope shall contain the financial component of the bid. Contract will be awarded to the Lowest Calculated Responsive Bid as determined in the bid evaluation and post-qualification.

The DPWH, Quezon 3rd District Engineering Office reserves the right to accept or reject any bid and to annul the bidding process anytime before Contract award, without thereby incurring any liability to the affected Bidder or Bidders.

NOTED:

(Sgd.) ROGELIO P. REJANO District Engineer

(MST-Apr. 17, 2012)

(Sgd.) MARCELINO G. FERRER Assistant District Engineer Chairman, Bids and Awards Committee Tel. No.: 042-315-8195/042-315-8194 Email Address: dpwh_q3@yahoo.com.ph

National Parks Development Committee (NPDC) executive director Juliet Villegas said around 200 vagrants between 18 to 59 years old were hired under the program and are now getting a wage of P303 a day for their services. “Although we pity them, we do not want to teach them to rely on begging for alms for their livelihood,” Villegas said as she explained the partnership her agency is pursuing with the National Capital Region office of the Department of Social Welfare and Development. “We want to provide the poor with clean, decent jobs.” Villegas said the project is in line with DSWD’s campaign to provide assistance to Filipinos who make a living by asking for alms all over Metro Manila. She said NPDC is conscientiously working with DSWD to provide alternative jobs to street dwellers around the Luneta instead of leaving them to beg for money, which only encourages them to depend on hand-outs for the needs of their families. The NPDC was created by Executive Order No. 30, issued in January 14, 1963, by then President Diosadano Macapagal for the development of the Quezon Memorial Circle, Luneta, and other national parks. It is now currently tasked to develop, administer and manage the Rizal Park in Ermita, Manila, the Paco Park in Paco, Manila and the Pook

Republic of the Philippines DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS Region IV-A LAGUNA II DISTRICT

Republic of the Philippines

DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS

Region IV-A LAGUNA II DISTRICT ENGINEERING OFFICE

Los Baños, Laguna

ITB No. 2012-06

INVITATION TO BID/REQUESTS FOR EXPRESSION OF INTEREST

The Bids and Awards Committee (BAC) of the DPWH-Laguna II District Engineering

Office , Los Banos, Laguna

invites contractors to bid for the aforementioned projects:

1. a. Contract ID :

12DI0031

b. Contract Name:

Installation/Application/Construction of road safety devices at Old Manila South Road, Calamba Section (Sta. 50+120.00)

c. Contract Location:

Calamba City

d. Scope of Work :

Installation/Application/Construction of road safety devices

e. Approved Budget for Contract (ABC):

P 9,708,737.86

f. Contract Duration :

90 c.d.

g. Cost. Of Bidding Documents:

P 10,000.00

The BAC will conduct the procurement process in accordance with the Revised IRR of R.A. 9184. Bids received in excess of the ABC shall be automatically rejected at the opening of bid.

To bid for this contract, a contractor must submit a Letter of Intent (LOI), purchase bid documents and must meet the following major criteria: (a) prior registration with the DPWH, (b) Filipino citizen or 75% Filipino-owned partnership, corporation, or joint venture, (c) with PCAB License applicable to the type and cot of this contract, (d) completion of a similar contract costing at least 50% of the ABC within a period of 10 years, and (e) Net Financial Contracting Capacity at least equal to ABC, or credit line commitment at least equal to 10% of ABC. The BAC will use non-discretionary pass/fail criteria in the eligibility check, preliminary examin01ation of bids.

Unregistered contractors, however, shall submit their applications for registration, to the DPWH – POCW Central Office before the deadline set below for the receipt of LOIs. The DPWH POCW-Central will only process contractor’s application for registration with complete requirements and issue the Contractor’s Certificate of Registration (CRC). Registration Forms may be downloaded at the DPWH website www.dpwh.gov.ph.

The significant times and deadlines of procurement activities are shown below:

1. Issuance of Bidding Documents

April 17-May 08, 2012

2. Pre-Bid Conference

10:00 am

April 24, 2012

3. Receipt of LOIs from Prospective Bidders

April 17-May 02, 2012 up to 2:00 P.M. only

4. Receipt of Bids:

Before 2:00 P.M. May 08, 2012

5. Opening of Bids

2:00 P.M. May 08, 2012

The BAC will issue hard copies of Bidding Documents (BD’S) at Dpwh-Laguna II District Engineering Office, Brgy. Bambang, Los Banos, Laguna upon payment of a non-refundable fee. Prospective bidders may also download the BD’s from the DPWH website www.dpwh. gov.ph. if available. Prospective bidders that will download the BD’s from the DPWH website shall pay the said fees on or before the submission of their bids Documents. The Pre-Bid Conference shall be open only to interested parties who have purchased the BD’s. Bids must accompanied by a bid security in the amount and acceptable form, as stated in Section 27.2 of the Revised IRR.

Prospective bidders shall submit their duly accomplished forms as specified in the BD’s in two (2) separate sealed bid envelopes to the BAC Chairman. The first envelope shall contain the technical component of the bid, which shall include a copy of the CRC. The second envelope shall contain the financial component of the bid. Contract will be awarded to the Lowest Calculated Responsive Bid as determined in the bid evaluation and post-qualification.

Interested contractors are also required to present the originals of their PCAB License and contractor’s Registration Certificate to the BAC for authentication.

The DPWH-Laguna II District Engineering Office reserves the right to accept or reject any bid and to annul the bidding process at any time prior contract award, without thereby incurring any liability to the affected bidder/s.

NOTED :

(Sgd.) JOEL F. LIMPENGCO OIC-District Engineer

(MST-Apr. 17, 2012)

Approved by:

(Sgd.) RAUL S. ARCETA BAC Chairman DPWH-Laguna II District Engineering Office Brgy. Bambang, Los Banos, Laguna Telefax.No. (049)536-3714 E-mail address : laguna2deo&@yahoo.com

Republic of the Philippines Department of Public Works and Highways OFFICE OF THE DISTRICT ENGINEER

Republic of the Philippines

Department of Public Works and Highways

OFFICE OF THE DISTRICT ENGINEER

Davao del Sur 2 nd District Engineering Office Buhangin, Malita, Davao del Sur

INVITATION TO BID

The DPWH Davao del Sur 2 nd District Engineering Office, Buhangin, Malita, Davao del Sur, through its Bids and Awards Committee (BAC), invites contractors to apply to bid for the following contracts:

1.

Contract ID #

:

12LE0012

 

Contract Name

:

Installation of Thermoplastic Pavement Marking

 

Contract Location

:

Digos-Makar Road and Malalag-Malita Road (including Pedestrian lane) and Road Sign along Malalag-Malita Road

 

Brief Description

:

Pavement Markings and Road Signs

 

Approved Budget for the Contract (ABC)

:

Php 6,999,920.70

 

Contract Duration

:

30 CD

Procurement will be conducted through open competitive bidding procedures in accordance with R.A. 9184 and its Revised Implementing Rules and Regulations.

To bid for this contract, a contractor must submit a Letter of Intent (LOI) and

must meet the following major criteria: (a) prior registration with DPWH, (b) Filipino citizen or 75% Filipino-owned partnership, corporation, cooperative, or joint venture with PCAB license applicable to the type and cost of this contract, (c) completion of

a similar contract costing at least 50% of ABC within a period of 10 years, and (d)

Net Financial Contracting Capacity at least equal to ABC, or credit line commitment for at least 10% of ABC. The BAC will use non-discretionary pass/fail criteria in the eligibility check and preliminary examination of bids. The BAC will receive LOI upon payment of a non-refundable fee of (N/A).

Unregistered contractors, however, shall submit their applications for

registration to the DPWH-POCW Central Office before the deadline for the receipt

of LOI. The DPWH POCW-Central Office will only process contractor’s applications

for registration, with complete requirements, and issue the Contractor’s Certificate of Registration (CRC). Registration Forms may be downloaded at the DPWH website www.dpwh.gov.ph.

The significant times and deadlines of procurement activities are shown below:

1.

Issuance

and Availability

of

From: April 16, 2012-May 7, 2012

Bidding Documents

2. Pre-Bid Conference

 

10:00AM- April 23, 2012

3. Receipt of LOIs from Prospective

Deadline: 5:00 PM of May 2, 2012

Bidders

 

4. Receipt of Bids

 

Deadline: 2:00 PM of May 2, 2012

5. Opening of Bids

 

May 7, 2011 @ 2:00 o'clock in the afternoon

The BAC will issue hard copies of Bidding Documents (BDs) at DPWH, Malita, Davao del Sur, upon payment of a non-refundable fee of Ten thousand pesos (Php 10,000.00). Prospective bidders may likewise download the Bidding Documents

(BDs), if available, from the DPWH website. Prospective bidders that will download the BDs from the DPWH website shall pay the said fees on or before the submission

of their bids documents. Bid must accompanied by a bid security, in the amount and

acceptable form, as stated in Section 27.2 of the Revised IRR.

Prospective bidders shall submit their duly accomplished forms as specified in the BD’s in two (2) separate sealed bid envelopes to the BAC Chairman. The first envelope shall contain the technical component of the bid, which shall include the eligibility requirements. The second envelope shall contain the financial component of the bid. Contract will be awarded to the Lowest Calculated Responsive Bid as determined in the bid evaluation and the post-qualification.

The DPWH, Davao del Sur 2 nd District Engineering Office, Buhangin, Malita, reserves the right to accept or reject any or all bid and to annul the bidding process anytime before Contract award, without incurring any liability to the affected bidders.

NOTED:

(Sgd.) NOE V. PLACER District Engineer

(MST-Apr. 17, 2012)

(Sgd.) JOSEPHINE C. VALDEZ BAC Chairman DPWH, Davao del Sur 2 nd DEO

Buhangin, Malita, Davao del Sur

8012

CYAN MAGENTA YELLOW BLACK sports_mstandard@yahoo.com Manila StandardToday Riera U. Mallari, Editor Sports TUESDAY AP

CYAN MAGENTA YELLOW BLACK MAGENTA YELLOW BLACK

sports_mstandard@yahoo.com

ManilaStandardToday Riera U. Mallari, Editor

Sports
Sports

TUESDAY

AP
AP

APRIL 17, 2012

A7A
A7A
IN BRIEF Abdon, Ardina bag titles JOHN Kier Abdon and Dottie Ardina lived up to
IN BRIEF
Abdon, Ardina bag titles
JOHN Kier Abdon and Dottie Ardina lived
up to their billing and crowned themselves the
new Philippine Amateur Match Play (Closed)
champions, beating their respective rivals
in similar fashions in sweltering heat at the
Sherwood Hills Golf Club in Cavite Sunday.
Abdon took two of the first six holes
and never trailed, clinching a 4&3 victory
over Andres Saldana with a routine par
on the par-5 No. 15 in men’s play while
Ardina won the first three holes and went
on to fashion out a similar 4&3 romp over
ICTSI teammate Javyie Agojo in the ladies
side of the event which served as the third
leg of the Globe Amateur Golf Circuit.
Sherwood golf manager Raymond
Bunquin flashed his familiarity with the
tough layout and came away with a 4&2
victory over Jingy Tuason to pocket the mid-
amateur title in the event backed by Suntrust
Properties, Inc., Airphil Express, Titleist
(Empire Golf), Pancake House, Golf Depot
and official hotel Microtel Suites.
Taconing gets title shot
WORLD Boxing Council international light
flyweight champion Jonathan Taconing (13-1-
1, 10 KOs) will try to snare the world title held
by Thailand’s WBC champion Kompayak
Porpramook (44-3, 30 KOs) on May 5.
Taconing’s manager Johnny Elorde
told the Manila Standard that the bout
will take place in a venue, which is a
four-hour drive from Bangkok.
The 25-year-old southpaw, nicknamed
Lightning, has a record of 13-1-1 with
10 knockouts, while Porpramook is a
29-year-old veteran with a record of 44-
3, with 30 knockouts.
Porpramookwonthetitlewitha10th-round
knockout of Mexico’s Adrian Hernandez on
Dec. 23, 2011. He had previously scored a
six-round unanimous decision over Filipino
Michael Rodriguez on April 29, 2011.
Elorde said Taconing has been
sparring against a variety of opponents
at the Elorde Gym in Sucat, Parañaque
and looked good. Ronnie Nathanielsz
PSA tackles volleyball
TWO big summer events will be tackled
in today’s edition of the Philippine
Sportswriters Association Forum at
Shakey’s UN Ave. branch.
Heading the guests’ list are the men and
women behind the Shakey’s V-League, now
on its 9th season. Representing the premier
women’s volleyball tournament in the session
aired live over DZSR Sports Radio 918, and
presented by Smart, Philippine Amusements
and Gaming Corp., and Shakey’s, are Ricky
Palou and Moying Martelino, president and
chairman, respectively, of the organizing
Sports Vision, Shakey’s Executive Vice
President and Chief Operating Officer Vic
Gregorio and Shakey’s marketing manager
Barbie Ocampo.
Also appearing in the 10:30 a.m. public
sports program is former CHED chairman,
and Private Schools Athletic Association
chairman Dr. Manny Angeles as he talks
about the PRISAA National Collegiate
Games set April 22 to 28 in Cebu City.

Olympic countdown begins

LIKE the rest of the sporting world, the Philip- pines and the British Embassy here will do their share in marking the 100-day countdown to the opening of the London Olympic Games.

Manila Polo Club inside Forbes Park in Makati City tomorrow morning. The main highlight of the affair, scheduled to begin at 7 a.m., is the celebratory 100-meter sprint where guests can participate or just be a spectator.

In a message, Lopez said: “Filipino sports officials, athletes and fans share in their (British people) joy and pride in what their country has achieved since being chosen as host of the Games seven years ago.” “And like the rest of the Olympic family, we are looking forward to witnessing a successful and beautiful Olympics, which is now just 100 days away,” added Lopez, who’s also the POC vice president. Around 15,000 athletes from 205 nations are expected to see action in

the biggest, greatest sports show in the world, which London is staging for the third time after playing host in 1908 and 1948. In his invitation, Lillie said the countdown is “one of the last milestones in a marathon journey by the United Kingdom and London since winning the 2012 bid in Singapore in

2005”.

The Olympics comes off the wraps on July 27, with an extravagant opening rites, which many say will take the fans’ breath away.

Filipino sports officials, headed by Philippine Olympic Committee president Peping Cojuangco and PH team Chief of Mission Manny Lopez, embassy officials led by ambassador Stephen Lillie and other dignitaries, gather for a simple, short program at the

PH jins bag 3 bronze medals in Egypt

short program at the PH jins bag 3 bronze medals in Egypt Aaron James Galita, Keno

Aaron James Galita, Keno Anthony Mendoza and Mathew Michael Padilla (from left) proudly display their medals.

hurdled Russian Sergey Zemtsov, 11-7, and Brazil’s Adriano Junior, 9-4, before edging German Yorulmaz Mehmet-Akif, 8-7, to clinch a bronze medal. Iranian Abolfazl Jouybari stopped Padilla’s run and eventually bagged the gold. Mendoza triumphed over Morocco ’s Hasan Bourguigue, 15-3, German Ali Adnan Karin who was disqualified, and Portugal ’s Tiago Unas, 9-3, in the eliminations. He then whipped Egypt ’s Mohamed Saleh, 9-5, in the quarters to advance to the medal round, where he fell to Korean Hyeok Jae Goh, 2-8, and

had to settle for the bronze. The other Filipino athletes were Francis Aaron Agojo, Benjamin Keith Sembrano, Jose Manuel Alejandro, Ina Izabella Dionisio, Colleen Heria, Korina Paladin, Pauline Louise Lopez, Suzzane Glehn Caslangen, Bianca Maurice Go, Melanie Hope Douglas and Patricia Francesca Gonzalez. Head coach Victor Emmanuel Veneracion and coaches Roberto Cruz and Alvin Taraya did a good job as did international referee Roland Campos, who officiated throughout the tourney.

Tri United tilt opener to Huelgas

COMING off from his Under-23 Elite seventh-place finish in the recently held Asian Triathlon Championships in Japan, Philippine team member Nikko Huelgas proved to be unbeatable

from start to finish as he went on

to win the Elite Male crown in

the TRI UNITED opening leg at Playa Laiya, San Juan, Batangas. Huelgas won the 1 Kilometer swim–30 Km bike–7.5 Km run event in one hour and 30 minutes. Meanwhile, a close battle for second place in the Elite Male was waged between 2011 PNG junior champion Kevin Eijansantos (1:39) and the ageless coach George Vilog (1:41) in the event sponsored by Unilab Active Health,

Alaxan FR, Enervon HP, I-ON Energy Drink, Landco, BIKEKING, Pocari Sweat, TIMEX, Crystal Clear, Orbea, Runner’s World, Men’s Health, Women’s Health, Weekend Warrior and SwimBikeRun.ph A huge field of 250 participants were led by Unilab President and Chief Executive Officer Clinton Hess (2:36:20) and fellow executives Alex Panlilio (2:23:45) and Lester Castillo (2:15:46). “I had a good swim today, but I need to do better on the bike and run,” Huelgas said in relation to his preparation for next month’s K-Swiss ITU Subic Bay International Triathlon. On the Team Competition (combined time of 10 fastest members), PLDT BIKE KING emerged as the champion followed by Unilab Active Health and T12 Camelbak Tri Team.

Best Center swings to 3 provinces

LUCENA is expected to become among the provincial hotbeds of the Milo-sponsored Best Center basketball clinics yet anew when the pioneering group to introduce modern and scientific sports training

clinics in the country starts its provincial swings next week. The Enverga covered court

in Lucena will host Best Center

clinics in Levels 1, 2, 3 and 4 from April 16 to 21, with Ompong Segura as organizer.

Segura could be reached through 0927-492-4516 and (042) 373 7620. The Enverga Best Center

clinics have produced the likes

of Andrei Caracut, who became

a member of the Philippine

Youth Team 16-and-Under and of the San Beda juniors’ team in the National Collegiate Athletic Association. Also to emerge from the Lucena clinics were Alexis Barera and Victor Ramiro, both of La Salle Greenhills; and Michael Pate of St Benilde’s varsity team, also in the NCAA. Zamboanga will also host Best Center clinics from April 16 to 21 at the Ateneo multi-purpose covered court. Organizer Pedro Alfaro could be reached through 0917-720-1217 or at the Alavar Seafood House for students in Levels 1, 2, 3 and 4. Roxas City also holds Best Center clinics on the same dates for students in Levels 1, 2 and 3. Ronnie Degala (0910-375-8396) is organizing the event.

THREE gritty SMART/Philippines jins made the country proud again by winning three bronze medals in the recent World Junior Taekwondo Championships at Sharm El Sheikh in Egypt . The three—Keno Anthony Mendoza, who fought in the -59-kilogram division, Aaron James Galita (-45kg) and Mathew Padilla (-48kg)—produced the first SMART/PH medals in the prestigious world event in four years. The last Filipino medalist in the competition was Jyra Marie Lizardo, who earned a rare spot in the podium in 2008 in Turkey. “Our fighters displayed brilliant skills and courage against competitors from 89 other countries. They deserved to win,” said team delegation and Philippine Taekwondo Association vice president Sung Chon Hong. “In fact, all our athletes did their best, but the opposition was strong, especially the Koreans, who won the overall crown.” Galita provided one of the tournament’s biggest shockers by beating world no. 1 Hyeok Yu by superiority in the quarterfinals after a sudden-death fourth round to break a 0-0 tie. Galita also toppled Cyprus’ Pantelis Dirnou, 8-2, and Thailand ’s Ramnarong Sawekwiharee, 3-0, in the sudden-death fourth round. But he lost, 2-8, in the semifinals to Iran ’s Seyed Tabari, who then fell to Russian Borris Krasnov in the battle for gold. Fighting on the last day, Padilla started by crushing his Korean rival, 21-11, in the eliminations. He also

La Salle sensation leads tablenet winners

team again is indeed a positive sign for the country’s table tennis program,” commented Table Tennis Association of the Philippines Secretary General Annie Andanar. In the boys’ 17 and under division early winners in the three-day climb were WS Ledesma over and J. Ramirez, while C. Ching, and A. Nesperos advanced to the next round of the girls’ 14-under class. In the boys’ 14-under JP Cristobal scored two walkover victories. In the Open category, A. Balanzat of Ateneo de Manila University downed San Sebastian’s M. Munoz, 3-2, while P. Catalan had a walk over win against B.

Dabuet in women’s play. “This is an encouraging start for TATAP for 2012 and our effort to reform our national training pool. Dito pa lang sa Luzon marami ng talents tayong nakita and we expect to see more when we conduct the Visayas Mindanao phase of our search,” said Ting Ledesma, elected by the TATAP Board of Trustees as new president during their annual meeting. Ledesma said that TATAP had recently settled its membership obligations with the International Federation and the focus now is on the 2013 Southeast Asian Games.

NEARLY 500 athletes from three age categories, including 17- year-old female sensation Ian Lariba responded to the call of the First Jose Cojuangco Jr. Cup table tennis Luzon eliminations at the Ninoy Aquino stadium Sunday. Lariba, who begged off from the national team to concentrate on her University Athletic Association of the Philippines campaign as De La Salle University’s top player, had a walk in the park, winning, 3-0, against M. Hayagan and J. Atienza in the girls’ 17 and under class. “Watching her vie for a slot in the national

compatriot Josphat Kiptani Too, who crossed the line almost simultaneously, with third placer Samson Tuwei. They were awarded P30,000 and P20,000, respectively. A fourth Kenyan, Philip Ronoh, followed suit at 1:25:59. He received a consolation prize of P2,000.

Kenyans sweep Kennon Marathon; Banayag scores upset triumph

BAGUIO CITY—Despite the Filipinos’ gallant effort, there was no stopping the Kenyans from ruling the inaugural Philex Mining Kennon Global Marathon that ended in this city last Sunday. But the biggest news of the event came from the ladies’ category, where Philippine team stalwart Jhoan Banayag

reigned supreme, beating Kenyan Irime Kimchumba by 7 minutes, a very far margin in terms of marathon running. Four Kenyans crossed the finish line ahead of the field in the men’s division of the 21k Conqueror’s Race of the all- uphill marathon, which started in Camp 3 in Tuba, Benguet, passed through the

historic and scenic Kennon Road and ended in Burnham Park in this city. Benjamin Kipkazi, a 36-year-old native of Nairobi, Kenya, ran a blistering pace to rule the event at a time of 1 hour, 21 minutes and 40 seconds. He took home the champion’s purse of P40,000. Four seconds behind Kipkazi was his

World’s fastest-growing sport

REUEL VIDAL SPORTS CENTER
REUEL VIDAL
SPORTS CENTER

TRIATHLON is indeed the world’s fastest growing sport with another world-class event coming up in Subic when Alaska Milk stages the Olympic- distance Century Tuna 5i50 Triathlon Series Philippines on June 24 at scenic Subic Bay. Alaska Milk Corporation president and Chief Executive Officer Fred Uytengsu introduces the Olympic-distance triathlon race (1.5k swim, 40k bike, 10k run) to local shores. “Our aim with this event is to encourage even more people to adopt a healthy lifestyle and embrace multi- sport training and racing. The distance is challenging for the novice triathlete and we hope to encourage many individuals to start with this distance,” said Uytengsu. The two-time Ford Ironman World Championship finisher

said he hopes to attract more participants in the sport by staging this shorter distance as well as holding relays with separate participants in the swim, bike and run legs of the race. The entire race will be within the Subic Bay Metropolitan Authority, a former US Naval base and one of two former major military bases of the United States in the Philippines. The mountains around Subic will pose a daunting challenge during the bike leg, which will feature some vicious climbs. And like the other run legs in triathlons run in the Philippine, the 10k run route will be lined with spectators, giving the athletes that extra boost from cheering crowds that will help them complete the 51.5 kilometer distance. Interested parties may visit the Web site http://

triathlon, but also developing a generation of local triathletes that can compete against the best in the world Alaska Milk Corporation has sponsored Team Bike Boutique. Alaska Team TBB has 10 members of four foreign professional athletes and six local scholars. The team will compete in all major races in the Philippines (Ironman 5i50 Subic Bay, 70.3 Cebu). They will also carry the Alaska brand in international races including the Ironman Asia Pacific Championship, European Ironman Championship in Frankfurt and the World Championship in Kona, Hawaii. The Alaska Team Bike Boutique pros include 33-year- old professional triathlete from Switzerland Caroline Steffen; 32-year-old Australian triathlete David Dellow; 39-year- old Australian professional

www.5150philippines.com for triathlete Ali Fitch; and 26-year-

more details.

* * * With the goal of not only supporting the sport of

old Mathieu O’Halloran, a professional triathlete from Canada. The program hopes to train

local athletes through an athlete development program, where Filipino athletes will be provided spots in the team so that they follow in the footsteps of the team’s pro athletes. The six scholars include Dhill Anderson Lee, Martin Torres, Nena Torres, Marc Altura, Banjo Northe and Loren Dale Echavez. Lee is a 21-year-old swimmer and runner from Manila. He has won multiple medals at international meets and has set numerous records in the Philippines. Seventeen-year-old Martin Torres hails from Cagayan de Oro. He placed second in Cagayan De Oro Super Tri Kids in 2009, 7th in the Junior SUBIT mini-sprint in 2010 and won 1st place in the 2010 Cagayan De Oro Tri Kids Aquathlon. Nena Torres is a 16-year- old triathlete from Cagayan de Oro. She has multiple wins in local swim meets and run races including: 1st place in Super Tri Kids Cagayan de Oro 2008, 1st place in Cagayan

de Oro KidsAquathlon 2009, 2nd place in Super Tri Kids Cagayan de Oro 2009, and 1st place in the 13-15 SUBIT mini-sprint in 2010. Altura is a 17-year-old triathlete from Manila with multiple victories in his age group. He placed second Overall in the Anvayan Cove Triathlon in 2011 and placed 5th in the Junior Elite SUBIT 2011. Nineteen-year-old Banjo Northe hails from Cagayan de Oro. He placed 1st Overall in the Cagayan de Oro NAGT, 1st place in the Cagayan de Oro off- road 2011 Duathlon, 2nd place in the Philippines National Games Junior Division in 2011 and 3rd Overall Val Naga Triathlon in 2010. Finally, there is 19-year-old Cebuana Loren Dale Echavez who has won multiple medals and set various records in swimming. She electrified the local triathlon world when she came out first overall in the swim part of the X-Terra relay which included international professional athletes in Cebu 2011.

out first overall in the swim part of the X-Terra relay which included international professional athletes

CYAN MAGENTA YELLOW BLACK

CYAN MAGENTA YELLOW BLACK NBA RESULTS LAKERS 112, MAVERICKS 108 HEAT 93, KNICKS 85 BULLS 100,
NBA RESULTS
NBA RESULTS

LAKERS 112, MAVERICKS 108 HEAT 93, KNICKS 85 BULLS 100, PISTONS 94, OT MAGIC 100, CAVALIERS 84 RAPTORS 102, HAWKS 86 KINGS 104, BLAZERS 103 CELTICS 94, BOBCATS 82 HORNETS 88, GRIZZLIES 75 NUGGETS 101, ROCKETS 86

Sports

Manila Standard TODAY

Riera U. Mallari, Editor

sports@manilastandardtoday.com

sports_mstandard@yahoo.com

LOTTO RESULTS 6/55 00-00-00-00-00-00 P0.0 M+
LOTTO RESULTS
6/55
00-00-00-00-00-00
P0.0 M+
LOTTO RESULTS 6/55 00-00-00-00-00-00 P0.0 M+ 6/45 00-00-00-00-00-00 P0.0 M+ 4 4 DIGITS 00-00-00-00 3

6/45

00-00-00-00-00-00

P0.0 M+

4
4

4 DIGITS 00-00-00-00

M+ 6/45 00-00-00-00-00-00 P0.0 M+ 4 4 DIGITS 00-00-00-00 3 DIGITS 00-00-00 2 EZ2 2 00-00

3 DIGITS 00-00-00

P0.0 M+ 4 4 DIGITS 00-00-00-00 3 DIGITS 00-00-00 2 EZ2 2 00-00 A8 T TUESDAY

2 EZ2

2

00-00

A8

T
T

TUESDAY

A
A

APRIL 17, 2012

00-00-00 2 EZ2 2 00-00 A8 T TUESDAY A APRIL 17, 2012 Uzbek rider makes move

Uzbek rider makes move in Day 3

Uzbekistan’s Suren skipper Azamat Turaev thanks the heavens after winning Monday’s Stage 3 of the
Uzbekistan’s Suren skipper Azamat Turaev thanks the heavens after winning Monday’s
Stage 3 of the 2012 Le Tour de Filipinas from Cauayan City. LINO SANTOS

BAYOMBONG CITY—Uzbekistan’s

Suren skipper Azamat Turaev served notice of his mountain-climbing skills in Monday’s Stage 3 of the 2012 Le Tour de Filipinas from Cauayan City.

Turaev ruled the stage that was highlighted by a Category 1 King of the Mountain Summit and was surprisingly fast for its 102.5-km distance, clocking two hours, 23 minutes and 36 seconds. He mildly rocked the general individual classification, stressing it’s the climbers’turn to grab the spotlight as the Le Tour, presented by Air21, winds up with the 132.7-km Stage Four from the Nueva Viscaya capital to Burnham Park in Baguio City via the backdoor in the Cordilleras. Turaev, only 19, was vocal about his intention to snatch this year’s crown in the race held in partnership with Smart and supported by Jinbei and Foton. “The steeper, the better,’’ said Turaev through an interpreter. “Tomorrow (Stage Four) is our race. We ride better in the mountains,’’ said Uzbekistan Suren team manager Mostafa Chaichi. The fourth stage is bound to punish the 74 surviving cyclists with two Hors (highest) category climbs and a dizzying downhill finish to Burnham Park. Turaev progressed from eighth to fifth in the individual general classification and has become a potential threat to yellow jersey holder German Timo Scholz of CCN Cycling Team.

“I didn’t expect to keep the yellow (jersey). Honestly, I’m not in good shape to defend it,’’ said Scholz, the oldest rider in the 2012 Le Tour at 39. “We’ll see what happens tomorrow,” added Scholz, who snatched the leader’s jersey from Mail and More’s Oscar Rendole, who on Saturday became the first Filipino to win a stage in a UCI race. Go21’s Arnel Quirimit made it back- to-back for the Philippines when he won Sunday’s second stage. Scholz was 18th on Monday, crossing the finish 21 seconds after Turaev. He was with a big group that included contenders Alexander Malone of the Australian team Plan B, Singapore OCBC’s Loh Sea Keong and Rendole. Malone remained at second overall, 26 seconds behind Scholz. Loh (35 seconds) and Rendole (1:06) kept their third and fourth positions in the general classification, while Dutch Global’s Koos Jeroen Kers dropped to sixth from fifth (1:46 behind). Rounding out the Top 10 were Rudy Roque of LPGMA-American Vinyl at seventh (1:52 behind), Bi- kenz-PureBlack’s James Williamson (eighth, 1:52 behind), Filipino Baler Ravena of Go21 (ninth, 2:11 behind) and Indonesian Rastra Patria of Co- lossi (10th, 2:13 behind).

Lerio wins Australian bantam belt

FIGHTING out of Sydney, Filipino Roberto Lerio won the vacant Australian bantamweight title with a 10-round split decision over Jason Cooper at the Norths Rugby League Club in Kallangur, Queensland in a fight card dubbed “Rising Stars.” In what surely was a strange twist, the 25-year-old Lerio, who had lost his last 7 fights, won the title against the 20-year-old Cooper, whose record was a mere 2-1-1, with 2 knockouts, effectively discarding the two boxers’ ring records since the Filipino had a record of 13-14-1, with 5 knockouts entering the ring. Two of the three judges scored the fight for Lerio, while a third judge had it even. Adam Height (96-94) and Phil Austin (96-95) scored the fight for Lerio, while Tony Kettlewell had Cooper the winner (97-94). Prior to the fight, Cooper, the featherweight champion of Queensland, said he was confident of winning despite dropping down to bantamweight for the title fight. “I’m pretty confident it will hopefully be a stepping stone to the rest of the year” Cooper said. Lerio, nicknamed “Hands of Stone,” was coming off a unanimous decision loss to undefeated Corey McConnell on March 7, 2012, while Cooper nicknamed “Nugget” won his last fight by a fifth-round knockout of Matthew Seden last Sept. 30. Ronnie Nathanielsz

Trillo named interim Alaska coach; Banal steps aside

By Ronnie Nathanielsz

FORMER assistant coach Luigi Trillo has been named interim head coach of the Alaska Aces, replacing Joel Banal, who stepped aside after meeting with team owner Fred Uytengsu and manager Joaqui Trillo, the former Philippine Basketball Association chairman. “It’s a strong firm vote of confidence. Since Mr. Uytengsu has given me this confidence now, I think it’s a firm affirmation that he

is here to stay with the PBA,” the younger Trillo told the Manila Standard. Trillo added: “I understand, it’s going to be demanding, the Alaska organization has a winning tradition. It’s very challenging from a team standpoint, but I’m excited to get to practice. We have high-character guys like LA Tenorio, Tony dela Cruz, Sonny Thoss, Cyrus Baguio, who are our leaders and we understand it’s not going to come easy, but I’m very excited to get started. I know I have

a lot to learn, but I also know I am in good

hands with the players I have.” Discussing the level of physicality especially in the on-going semifinals, Trillo said he likes a physical game, but doesn’t like rough and dirty tactics. “Our responsibility, obviously, is to teach the

game the right way but also to adjust to calls.

It happens every year, every other conference

where certain things change because of what they allow. I’ve always told my guys to play

hard. You love the physical play, but it’s another thing if you are threatening another player’s career,” said Trillo. Banal said he is stepping aside because the Aces, under his watch, were not able to reach their semifinal ambitions. “The goal of the Alaska franchise is to be in the semis of every conference and we did not meet that goal in the past two conferences, so I wanted to give management the chance to look at options,” said Banal.

Llamados seek clincher; Kings gun for equalizer

By Jeric Lopez

BARANGAY Ginebra’s never- say-die mantra will once again be

put to a test, as it tries to stay alive for the second time today, even as B-MEG attempts to do what it failed to accomplish in Game 3— book a finals berth.

Will there be a deciding Game 5 or will the Llamados end the run of the Gin

Kings and advance to the finals? The answer will be known today when these two fan favorites collide again in Game 4 of their grueling best-of-five semifinal duel in the 2012 Philippine Basketball Accosication Commissioner’s Cup at 6:45 p.m. at the Smart Araneta Coliseum. The Gin Kings kept their campaign alive by carving out an impressive 88-79 conquest of the Llamados Sunday night in Game

3 to chop off the Llamados’ series lead to 1-2. “For us right now, we’re really not doing anything different or special. It’s not about the strategies and game-plans anymore, it’s all about heart for us,’’ said Tanquincen. The soft-spoken

mentor added that should the Gin Kings get the difficult job done, the trait that will

surely get them there is their never-say-die character. “I told the players, sometimes rejoice in your suffering because suffering leads to perseverance, perseverance to character and character to hope. Character nu’ng team ‘yung Ginebra spirit. Buhos na talaga lahat, ‘yun ang kailangan namin gawin,’’ added Tanquincen. Tanquincen knows that from the moment his squad went down 0-2, there are no more room for any errors.

Game Today (Semifinals Game 4— Smart Araneta Coliseum) 6:45 p.m. • Barangay Ginebra vs. B-Meg

Araneta Coliseum) 6:45 p.m. • Barangay Ginebra vs. B-Meg B-MEG’s James Yap (right) posts up against

B-MEG’s James Yap (right) posts up against Ginebra’s Dylan Ababou in a game won by the Gin Kings, 88-79.

Lagula rules national jrs chess meet

NUEVA Vizcaya’s McDomi- nique Lagula defeated Jude Emil Fronda in the sixth and final round to rule the Open Division of the 2012 National Juniors Chess Championships–Visayas leg at the Cabagnot Training Center in Kalibo, Aklan. Lagula earlier halved the point with overnight co-leader Joel Pimentel of College of St. Benilde. Pimentel failed to keep pace after another draw in the final round and settled for a share of second with 4.5 points. Also finishing with 4.5 points and advancing to the grand finals were FIDE Master Paulo Bersamina of Manila and Tristan Frech Ibaoc of Cagayan de Oro City. The battle in the Girls’ Division proved to be much tougher, with five players scoring 4.5 points each to share first to fifth places and enter the grand finals. Woman National Master Jan Jodilyn Fronda of De La Salle scored two straight wins at the expense of Samantha Glo Revita of Pangasinan and Woman FIDE Master Marie Antoinette San Diego of Cavite to win the title after the tiebreak. Fronda was 1.5 points behind overnight leader San Diego after four rounds. San Diego left the door open for Fronda after settling for a draw in the fifth round against Judith Pineda of Olongapo City.

in the fifth round against Judith Pineda of Olongapo City. Yee 6 ahead after shooting a

Yee 6 ahead after shooting a 68 in jungolf qualifying tilt

CARMONA—Miggy Yee fired a four- under-par 68 for a commanding six- stroke advantage in the boys’ Class A division, even as Princess Superal and Marvi Monsalve each carded identical one-under-par 71s to share the girls’ Class A lead after the opening round of the national qualifying tournament for the Junior World Championships at the Legends course of the Manila Southwoods Golf and Country Club. The long-hitting Yee used his knowledge of his home course for the

day’s best round. He bucked a bogey on the first hole, with birdies on the third, fifth and sixth, then added two more, on the 11th and 14th, to finish six ahead of Sebastian Lorenzo (74). Fancied Gio Gandionco of Cebu and Jama Reyes were next with 75s followed by Aristeo Mata 76, Rogelio Roque 76, Inigo Raymundo 77, Alissandro Tan 78, last week’s Interclub inidividual medalist JP de Claro 79. Mark Arevalo, Justin Quiban, Francis Bumagat, Miguel Shah, and Kuresh

Samanodi all ended with 80s. Superal, the former Asian junior champion, wielded a hot putter in the back nine, where she started, nailing birdies from at least at feet on Nos. 13, 15 and 17. But the ICTSI bet reeled back on the second hole, where she landed on the bunker twice before reaching the green in three, then three- putted for a double bogey six to settle for a 33-38 card. Monsalve, who was in a flight ahead of Superal, highlighted her round with a

superb eagle on the par-fi ve eighth hole. Overall, she made four birdies as against a double bogey on the 14th and three bogeys in the event, which offers 17 slots to the upcoming Callaway Junior World Championship in San Diego in July. Juily Vasandani was five behind in the distaff side after she turned in a four- over-par 76. Andrea Unson churned out a five-over 77 while Daniella Uy wound up with a six-over 78, in a tie with Cebuana beauty Alleska Yunam.

churned out a five-over 77 while Daniella Uy wound up with a six-over 78, in a
churned out a five-over 77 while Daniella Uy wound up with a six-over 78, in a

CYAN MAGENTA YELLOW BLACK MAGENTA YELLOW BLACK

CYAN MAGENTA YELLOW BLACK Business Ray S. Eñano, Editor business@manilastandardtoday.com Manila Standard TODAY
Business Ray S. Eñano, Editor business@manilastandardtoday.com Manila Standard TODAY Roderick T. dela Cruz, Assistant
Business
Ray S. Eñano, Editor
business@manilastandardtoday.com
Manila Standard TODAY
Roderick T. dela Cruz, Assistant Editor
extrastory2000@gmail.com
TUESDAY
APRIL
APRIL 17, 2012
B1B1
B1B1

Meralco may cut Luzon rates

By Alena Mae S. Flores

MANILA Electric Co. is seeking approval for new power supply agreements with four major coal energy producers that will reduce electricity rates in Luzon.

power plant while Sem-Calaca, a subsidiary of DMCI Holdings Inc., runs the 600-MW Calaca coal-fired power plant. Meralco will source 1,180 MW from South Premiere and 350 MW from Therma Luzon’s Pagbilao coal-fired power plant. Meralco’s contract with Masinloc Power covers contracted capacity of 330 MW, which would increase to 430 MW by December 2015. The distributor’s agreement with Sem-Calaca involves contracted capacity of 210 MW from Unit 2, which will be increased to 420 MW upon commercial operation of the plant’s Unit 1. All four contracts carry a seven-year term, which can be extended for another three years upon mutual agreement of the parties. Meralco asked ERC to approve the contracts, saying this will redound to

the benefit of the consumers in terms of lower power rates. It said under the contract with Masinloc Power, the resulting average price would be P4.6284 per kilowatt- hour, lower than the effective rate under the power distribution firm’s transition supply contract with National Power Corp. at P5.3909 per kWh in February. Meralco said if the application charge for February had been approved, power rates should have been reduced by P0.0407 per kWh. “Thus it is essential and urgent that the instant application be approved in order to immediately afford end- users the benefits resulting from implementation of the PSA,” Meralco said. Meralco’s contract with South Premiere will result in an average rate of P4.6382 per kWh, compared to the Napocor transition supply contract rate of P5.3909 per kWh.

KL farm trade deal pushed

THE Malaysian government wants to improve farm trade relations between Manila and Kuala Lumpur, Malaysian Minister for Plantation Industries and Commodities Tan Sri Bernard Dompok said Monday. The visiting minister said while Malaysia was not expecting to sign bilateral agreements with the Philippines soon, “we will be happy enough to explore areas of work wherein we can improve our trade relations with the Philippines especially in agriculture and agri- related activities.” Dompok officiated the inaugural Malaysia- Philippines palm oil trade fair and seminar organized by the Malaysian Palm Oil Council and the Malaysian Palm Oil Board at the Dusit Thani Hotel in Makati City, Manila. “I called on [Agriculture Secretary Proceso Alcala] to look into what the Philippines and Malaysia can do [to improve farm trade],” Dompok said during the fair. He said Malaysia was keen on improving the trade of palm oil, timber, cocoa, rubber and tobacco as prime commodities. He also underscored the significance of “untapped opportunities” between the Philippines and Malaysia—two major oil and fats producer in the region. Dompok encouraged the oil and fats producers of the two countries to form alliances and capitalize on the potential growth of the palm and coconut oil industries. Othel V. Campos

CebuPac offers seat sale

CEBU Pacific slashed its fares on all Mindanao routes and Asean destinations, including Malaysia and Singapore ,from April 17 to 19, or until seats last. The tickets are good for travel from June 1 to Aug. 31. Passengers can buy P288 seats from Cagayan de Oro to Davao or Iloilo; from Davao to Iloilo or Zamboanga; or from Zamboanga to Tawi-Tawi. Seats as low as P488 are also available from Manila to 10 Mindanao destinations: Butuan, Cagayan de Oro, Cotabato, Davao, Dipolog, General Santos, Ozamiz, Pagadian, Surigao or Zamboanga. This translates to air fare savings as much as 74 percent. International seat sale fares are also up for grabs. P888 seats are available from Manila to Ho Chi Minh, Kota Kinabalu, Kuala Lumpur or Hanoi, as well as from Clark to Bangkok. Passengers can also buy P1,088 seats from Manila to Brunei, or from Cebu or Clark to Singapore. Passengers traveling from Manila to Singapore or Siem Reap can buy P1,488 seats, while those traveling from Manila to Jakarta or Bangkok can buy P1,888 seats.

IN BRIEF
IN BRIEF

Lepanto sees profit of P300m

LEPANTO Consolidated Mining Co. expects net income to reach P300 million this year, up 18 percent from P254 million in 2011, on higher gold production. Lepanto president and chief operating officer Bryan Yap said inaninterviewMondayfollowing the annual stockholders’meeting at the Peninsula Manila hotel in Makati City that production would reach 1,500 tons daily for the rest of the year from an average of 1,300 tons in the first quarter of the year. “We expect to produce 37,000 ounces of gold this year. This will translate into a net income of P300 million,” Yap said. Lepanto booked a net income of

P32.6millioninthefirstthreemonths

of 2012, slightly higher year-on- year. The company produced 7,100 ounces of gold and 15,000 ounces of silver in the first quarter. Gold Fields Ltd. of South Africa recently acquired 40- percent ownership of Lepanto’s Far Southeast Project. “This demonstrates its commitment on the project and formalizes its partnership with Lepanto,” Yap said. Gold Fields has an option to acquire an additional 20-percent stake in Far Southeast Project from Lepanto, which will increase its total interest in the gold prospect to 60 percent. Local unit Gold Fields Philippines Corp. paid $110 million to Liberty Express Assets, a private foreign holding company that owns 40 percent of the Far Southeast prospect. Jenniffer B. Austria

percent of the Far Southeast prospect. Jenniffer B. Austria The country’s largest electricity distributor filed

The country’s largest electricity distributor filed separate applications with the Energy Regulatory Commission for seven-year supply deals with Masinloc Power Partners Ltd., Therma Luzon Inc., South Premiere Power Corp. and Sem-Calaca Power Corp. The new power supply agreements, if approved, will precede the impending implementation of open access and retail competition regime in the country. Meralco justified the agreements, saying they will secure power supply during outages because of the provision

for backup power. It asked ERC to approve the applications prior to the termination of the contract with state- owned National Power Corp. on Dec. 25, 2012 “in order to ensure continuous and reliable electricity for applicant’s customers.” Masinloc Power, owned by AES Corp. of the US, operates the 600- megawatt Masinloc coal-fired power plant, while Therma Luzon Inc., a unit of Aboitiz Power Corp., manages the electricity output of the 735-MW Pagbilao coal-fired power plant. South Premiere, a unit of San Miguel Corp., operates the 1,200-MW Ilijan

Mexican firm keen on Asia, Coke PH

JOSE Antonio Fernandez, chief executive of Fomento Economico Mexicano SAB, said his company needs to be in fast-growing regions such as Asia as it studies the ac- quisition of Coca-Cola Co.’s Filipino unit. “We need to be in regions with growth potential, and Asia is one of them,” Fernan- dez said in an interview last week at the CEO Summit of the Americas in Cartagena, Colombia. Femsa, as the Mon- terrey, Mexico-based com- pany is known, is the holding company for the largest Coke bottler and convenience-store chain in Latin America. Femsa’s softdrinks unit, Coca-Cola Femsa SAB, said in February that it entered a 12-month exclusive agree- ment with Atlanta-based Co- ca-Cola for the purchase of a controlling stake in Coke’s Philippines unit. The deal would be Coca-Cola Femsa’s first acquisition outside Latin America. It operates in nine Latin American countries, in- cluding Colombia and Brazil. While Fernandez said it was too soon to say whether the talks would lead to a deal for the Philippines business, he said his company was “very interested.” “We need to be able to show that our experience and our expertise and our knowl- edge from Latin America can be used elsewhere,” he said. Coca-Cola Femsa an- nounced three share-based acquisitions of Mexican Coke bottlers last year. The deals had a combined value of $2.1 billion including assumed debt, according to data com- piled by Bloomberg. Femsa’s total sales in- creased 21 percent last year to Mexican P203 billion ($15.4 billion) compared with 2010, data compiled by Bloomberg show, and may increase 16 percent to P235.5 billion this year, according to the median of six analysts surveyed by Bloomberg. Bloomberg

the median of six analysts surveyed by Bloomberg. Bloomberg Water matters. Fernando Zobel de Ayala (from

Water matters. Fernando Zobel de Ayala (from left), chairman of Manila Water Co. Inc.; Gerardo Ablaza Jr., president and chief executive; and Jaime Augusto Zobel de Ayala, vice chairman, preside during the annual stockholders’ meeting of the company at the Hotel Intercontinental in Makati City. Manila Water booked a net profit of P4.27 billion in 2011, up 4 percent from a year ago. SONNY ESPIRITU

Remittances up 5.8% to $1.6b in February

By Elaine Ramos Alanguilan

REMITTANCES coursed by expatriate Filipino workers through banks grew 5.8 percent to $1.6 billion in February, slightly slower than the 6.2-percent growth booked year-on-year. Bangko Sentral Governor Amando Tetangco Jr. said Monday remittances were expected to

pick up in the coming months with the lifting of deployment ban in some countries.

“The

continued

inflow

of

remittances

is supported by the sustained demand for Filipino manpower in various foreign labor markets,” said Tetangco in a statement.

“Going forward, the lifting of the banks imposedby[PhilippineOverseasEmployment Administration] in deployment to Nigeria, Libya and South Sudan, following improved security conditions in these countries, could provide additional employment prospects abroad for Filipino manpower,” he said. Remittances in the first two months of 2012 reached $3.1 billion, up 5.6 percent from $2.98 billion a year ago. About 72 percent, or $1.2 billion, of the total cash transfers in February were sent by land-based workers, while 24 percent, or $400 million, came from sea-based workers. The top 10 sources of cash remittances

from Filipinos overseas are the United States, Canada, Saudi Arabia, Japan, United Kingdom, Singapore, United Arab Emirates, Italy, Germany and Hong Kong. They accounted for 86.3 percent of the total fund transfers reported by banks. Latest data from the Philippine Overseas Employment Administration showed that job orders for professional and technical, service and production workers in the first three months of the year increased 25 percent to 200,010 on year. These are mainly intended for employment opportunities in Saudi Arabia, UAE, Qatar, Taiwan, Kuwait, Singapore and Hong Kong.

BDO’s $1-b rights issue credit positive—Moody’s

INTERNATIONAL credit rating firm Moody’s Investors Service has described BDO Unibank Inc.’s $1-billion rights issue as credit positive. “This capital raise is credit positive for BDO as the additional equity capital will boost its core capital above Basel III minimums and increase its loss-absorption buffer,” said Moody’s analyst Simon Chen. “Higher capital buffers will

enhance BDO’s ability to pursue credit growth and, therefore, maintain its leading market position,” Chen said in a report. BDO earlier announced its plan to raise new capital of up to $1 billion through a rights issue, marking the first major issuance since the Bangko Sentral announced its Basel III requirements in January. “We estimate the additional capital will raise BDO’s Tier

1 capital ratio to 15.4 percent on a pro forma basis, from 10.2 percent reported as of the end of December 2011,” said Chen. Chen said BDO’s current Tier 1 capital ratio is below the banking system average and barely above the proposed Basel III minimum of 10 percent that will go into effect by January

2014.

“This outcome assumes the

likely scenario that the new capital will first be primarily held as assets that attract low-risk

weights(i.e.,20percentorless)for

regulatory capital computation, such as government paper or short-term, liquid money-market securities. Therefore, we view BDO’s equity-raising plan as a pro-active attempt to build up its capital buffer ahead of Basel III,” said Chen. Elaine Ramos Alanguilan

FOREIGN EXCHANGE RATE PSE COMPOSITE INDEX Currency Unit US Dollar Peso Closing April 16, 2012
FOREIGN EXCHANGE RATE
PSE COMPOSITE INDEX
Currency
Unit
US Dollar
Peso
Closing April 16, 2012
United States
Dollar
1.000000
42.6700
5200
Japan
JJ
Yen
0.012366
0.5277
4460
UK
U
Pound
1.585400
67.6490
3720
Hong Kong
H
Dollar
0.128871
5.4989
2980
Switzerland
S
Franc
1.088258
46.4360
2240
Canada
Dollar
1.002406
42.7727
1500
Singapore
Dollar
0.802053
34.2236
1200
Australia
Dollar
1.037667
44.2773
Bahrain
Dinar
2.652661
113.1890
5,117.46
Saudi Arabia
Rial
0.266660
11.3784
20.16
Brunei
Dollar
0.798850
34.0869

Bangko Sentral ng Pilipinas Monday, April 16, 2012

Indo nesia

Indonesia

Rupiah

Rupiah

0.000109 0.000109

0.0047 0.0047

Thailand Thai

Baht

0.032478

1.3858

UAE UAE

Dirham

0.272264

11.6175

Euro Euro

Euro

1.308400

55.8294

Korea Kore

Won

0.000881

0.0376

China Chin

Yuan

0.158655

6.7698

India India

Rupee

0.019436

0.8293

Malaysia Mal

Ringgit

0.327514

13.9750

New New Zealand

Dollar

0.826173

35.2528

Taiwan Taiw

Dollar

0.033916

1.4472

Source: PDSBridge

P780-P895.00

LPG/11-kg L tank

P54.55-P61.02

P54.55-P61.02

Unleaded Gasoline

P46.10-P49.90

P46.10-P49.90

Diesel

P52.35-P57.85 P52.35-P57.85

Kerosene

P38.50-P39.20

Auto LPG

OIL

PRICES P

TODAY

PESO-DOLLAR RATE

Closing APRIL 16, 2012

40

42

44

46

48

P42.775

CLOSE

HIGH P42.700 LOW P42.810 AVERAGE P42.753

HIGH P42.700 LOW P42.810 AVERAGE P42.753

VOLUMEVOLUME 672.940M672.940M

P42.753 HIGH P42.700 LOW P42.810 AVERAGE P42.753 VOLUME VOLUME 672.940M 672.940M CYAN MAGENTA YELLOW BLACK
P42.753 HIGH P42.700 LOW P42.810 AVERAGE P42.753 VOLUME VOLUME 672.940M 672.940M CYAN MAGENTA YELLOW BLACK

CYAN MAGENTA YELLOW BLACK

P42.753 HIGH P42.700 LOW P42.810 AVERAGE P42.753 VOLUME VOLUME 672.940M 672.940M CYAN MAGENTA YELLOW BLACK
Business B2 TUES TUESDAY APRIL 17, 2012 APRIL ManilaStandardToday business@manilastandardtoday.com
Business
B2
TUES
TUESDAY
APRIL 17, 2012
APRIL
ManilaStandardToday
business@manilastandardtoday.com
extrastory2000@gmail.com
Stocks rise; GMA-7,
Manila Water climb
MST BUSINESS DAILY STOCKS REVIEW
MONDAY, APRIL 16, 2012
52 Weeks
Previous
%
NetForeign(Peso)
High
Low
STOCKS
Close
High
Low
Close Change Volume
Trade/Buying
FINANCIAL
70.00
46.00
Banco de Oro Unibank Inc.
63.30
64.70
63.00
64.65
2.13
2,172,250
49,785,730.00
STOCKS rose Monday, bucking the
downtrend in the region, as reports that
remittances grew faster in February
revived appetite for companies that
thrive on foreign exchange earnings and
consumer spending.
March 23. Financial firms also
rose, with Philippine National
76.80
50.00
Bank of PI
73.75
75.00
73.00
74.70
1.29
538,410
(1,134,362.50)
1.82
0.69
Bankard, Inc.
0.78
0.78
0.78
0.78
0.00
1,000
459.00
370.00
China Bank
482.00
495.00
482.00
492.00
2.07
22,270
(242,500.00)
Bank gaining 3.1 percent to P76
and BDO Unibank Inc. adding
2.1 percent to P64.65.
Manila Water Co. Inc. advanced
1.3 percent to a record P24.30
after chairman Fernando Zobel
1.90
1.42
BDO Leasing & Fin. Inc.
1.65
1.65
1.63
1.64
(0.61)
198,000
23.00
12.40
COL Financial
23.40
23.50
23.10
23.35
(0.21)
38,100
15.00
M 9.72
7.00
Filipino Fund Inc.
11.94
13.16
11.64
13.10
21,500
0.95
0.62
First Abacus
0.89
0.80
0.80
0.80
(10.11)
12,000
3.26
1.91
I-Remit Inc.
2.54
2.55
2.50
2.55
0.39
5,000
775.00
475.20
Manulife Fin. Corp.
555.00
541.00
540.00
540.00
(2.70)
710
25.00
3.00
Maybank ATR KE
20.00
23.00
21.00
22.50
12.50
257,400
(1,400.00)
89.50
60.00
Metrobank
88.00
88.00
87.10
87.75
(0.28)
2,834,730
(53,812,419.50)
3.06
1.30
Natl Reinsurance Corp.
2.39
2.35
2.33
2.35
(1.67)
29,000
72.90
41.00
Phil. National Bank
73.70
76.10
73.20
76.00
3.12
1,273,350
8,518,703.00
de
Ayala said the utility expects
85.00
57.70
Phil. Savings Bank
81.00
82.00
81.00
81.00
0.00
1,050
539.50
204.80
PSE Inc.
347.00
350.00
347.00
348.00
0.29
4,050
The Philippine Stock
Exchange index, the 30-company
benchmark, gained 20 points or
0.4 percent, crossing the 5,100-
point mark anew, to close at
5,117.46. Financial companies,
holding firms and property
developers led gainers.
The heavier index representing
all shares also added 7 points or
0.2 percent to 3,413, even as
losers outnumbered gainers, 87
to 74, with 42 issues unchanged.
Remittances from Filipinos
working overseas rose 5.8
percent to $1.6 billion in
February, boosting the outlook
for consumer spending on cars
and homes, the Bangko Sentral
reported Monday.
GMA Network Inc., which
broadcasts over Channel 7,
jumped 7.7 percent to P9.10, the
biggest gain since Feb. 13, on
reports Philippine Long Distance
Telephone Co. chairman Manuel
Pangilinan offered as much as
P45 billion ($1.05 billion) for
the broadcast firm.
Shares of the nation’s largest
broadcast company by market
value have added 38 percent
this year amid speculation that
Pangilinan was interested in
buying GMA.
Builder DMCI Holdings Inc.
climbed 6.6 percent to P58 while
Ayala Land Inc., the nation’s
largest developer, rose 1.4 percent
to P21.10, the highest close since
to
complete its asset acquisitions
42.25
25.45
RCBC `A’
40.90
40.90
40.35
40.90
0.00
606,300.00
(3,018,125.00)
147.00
77.00
Security Bank
139.70
142.00
139.00
141.40
1.22
720,980
17,210,499.00
this year. The company said net
income rose 7 percent to P4.27
billion in 2011.
2GO Group Inc., the largest
Philippine shipping line operator,
sank 3.9 percent to P2.44, after
the company said talks with
China Ocean Shipping (Group)
Co., also known as Cosco, are
“informal.”
PLDT decreased 1.2 percent to
1390.00
950.00
Sun Life Financial
1023.00
1022.00
986.00
986.00
(3.62)
195
140.00
58.00
Union Bank
97.00
100.00
97.50
98.90
1.96
281,250
(3,683,440.00)
1.98
1.43
Vantage Equities
1.85
1.85
1.84
1.85
0.00
251,000
INDUSTRIAL
34.00
26.50
Aboitiz Power Corp.
34.75
34.65
34.50
34.50
(0.72)
4,181,800
(79,176,210.00)
13.58
7.32
Agrinurture Inc.
11.62
11.90
11.50
11.54
(0.69)
164,400
(232,000.00)
23.50
11.98
Alaska Milk Corp.
23.50
23.50
23.35
23.35
(0.64)
762,500
(9,947,470.00)
1.86
0.97
Alliance Tuna Intl Inc.
1.57
1.58
1.56
1.58
0.64
93,000
(12,480.00)
55.00
26.00
Alphaland Corp.
29.25
29.20
28.90
29.20
(0.17)
800
1.65
1.08
Alsons Cons.
1.41
1.41
1.38
1.38
(2.13)
67,000
Asiabest Group
47.50
48.50
46.50
46.60
(1.89)
127,800
(774,300.00)
102.80
3.02
Bloomberry
21.00
21.80
19.00
19.50
(7.14)
605,600
437,695.00
26.55
12.50
C. Azuc De Tarlac
15.42
15.42
15.42
15.42
0.00
300
2.88
2.24
Calapan Venture
2.30
2.30
2.30
2.30
0.00
4,500
75,900.00
3.07
2.30
Chemrez Technologies Inc.
2.70
2.72
2.70
2.72
0.74
62,000
8.33
7.41
Cirtek Holdings (Chips)
8.16
8.14
8.05
8.14
(0.25)
13,200
7.06
4.83
Energy Devt. Corp. (EDC)
6.04
6.11
5.99
6.09
0.83
20,654,400
39,059,309.00
5.77
2.80
EEI
6.19
6.18
6.10
6.10
(1.45)
288,200
21,350.00
P2,574.
2.14
1.00
Euro-Med Lab.
2.15
2.39
1.93
2.39
11.16
248,000
(1,940.00)
15.58
11.88
First Gen Corp.
13.70
13.84
13.70
13.76
0.44
1,294,400
(4,942,252.00)
Meanwhile,Asian stock markets
sank Monday as Europe’s debt
crisis threatened to intensify again
while growth in China slowed.
Japan’s Nikkei slid 1.4 percent to
9,502.95, bruised by a higher yen.
With Bloomberg, AP
67.20
51.50
First Holdings ‘A’
64.45
65.50
64.20
64.90
0.70
430,630
(3,629,050.00)
32.90
22.50
Ginebra San Miguel Inc.
23.50
23.50
23.20
23.50
0.00
14,500
(304,975.00)
0.10
0.0095
Greenergy
0.0180
0.0180
0.0170
0.0180
0.00
465,700,000
630,000.00
13.80
7.80
Holcim Philippines Inc.
11.68
11.68
11.52
11.68
0.00
412,000
9.00
4.75
Integ. Micro-Electronics
4.71
4.80
4.75
4.80
1.91
264,000
1.66
0.95
Ionics Inc
1.700
1.690
1.670
1.690
(0.59)
184,000
162,240.00
120.00
80.00
Jollibee Foods Corp.
114.90
115.00
113.00
114.00
(0.78)
108,720
(6,518,664.00)
8.40
1.04
LMG Chemicals
3.45
3.65
3.45
3.45
0.00
7,900
3,600.00
3.20
1.05
Manchester Intl. “A”
2.03
2.19
1.92
2.16
6.40
37,000
24.00
17.60
Manila Water Co. Inc.
24.00
24.40
23.80
24.30
1.25
3,467,400
195,985.00
6.95
0.60
Mariwasa MFG. Inc.
4.54
4.54
4.20
4.20
(7.49)
5,000
13.28
8.12
Megawide
14.72
14.70
14.32
14.52
(1.36)
4,188,900
295.00
215.00
Mla. Elect. Co `A’
262.00
261.00
255.20
259.20
(1.07)
163,400
(4,798,878.00)
11.00
7.00
Pancake House Inc.
9.32
9.50
9.50
9.50
1.93
400
2.97
1.96
Pepsi-Cola Products Phil.
2.70
2.70
2.68
2.70
0.00
1,637,000
1,472,010.00
Flashback to 2006
17.40
9.70
Petron Corporation
10.58
10.58
10.46
10.50
(0.76)
3,907,800
(21,494,828.00)
15.24
9.60
Phoenix Petroleum Phils.
9.53
9.53
9.42
9.50
(0.31)
98,800
(164,360.00)
9.50
5.25
Republic Cement `A’
7.55
8.92
7.70
8.50
12.58
502,400
1.65
1.01
RFM Corporation
2.20
2.25
2.19
2.24
1.82
2,154,000
2,315,480.00
5.00
2.90
Salcon Power Corp.
4.16
4.25
4.15
4.25
2.16
8,000
works for OS X 10.6 (Snow Leopard) and 10.7
(Lion), however, and Apple has not released patches
for older versions of its operating system such as
Tiger and Leopard, which are still vulnerable to the
attacks.
Security analysts agreed that the extent of
Flashback infections exposed the myth of the Mac’s
invulnerability to viruses, a belief that Apple has
ironically encouraged.
Writing in Forbes, Adrian Kingsley-Hughes pins
the blame for the Flashback outbreak on Apple and
says the company needs to learn from its mistakes
and become far more proactive in dealing with
security threats.
“If you thought Apple was working hard to keep
you safe, you were wrong. Apple didn’t have your
back,” he writes.
Oracle, which makes Java, provides updates
and security patches directly to Windows and Linux
users but cannot do so on the Mac OS X platform,
where users must rely on Apple, Kingsley-Hughes
writes. Unfortunately, Apple has been typically six
months behind the Java patches, which gives time to
virus authors to exploit security holes that Oracle has
fixed.
The lesson? Don’t simply rely on Apple or believe
that your Mac is immune from attack. In the wake
of the Flashback infections, security analysts say
users should take precautions against similar attacks,
which are bound to grow more common as the Mac
platform becomes more popular.
Costin Raiu of Kaspersky suggests several
common sense ways to improve security on the Mac,
including:
33.00
27.70
San Miguel Brewery Inc.
29.90
29.90
29.80
29.90
0.00
12,000
175.00
105.70
San Miguel Corp `A’
113.90
114.00
113.30
113.50
(0.35)
288,820
(1,556,539.00)
1.90
1.25
Seacem
1.79
1.78
1.75
1.78
(0.56)
2,783,000
2.60
1.85
Splash Corporation
1.92
1.93
1.91
1.93
0.52
845,000
0.250
0.112
Swift Foods, Inc.
0.140
0.139
0.139
0.139
(0.71)
720,000
CHIN WONG
5.46
2.92
Tanduay Holdings
3.81
3.82
3.81
3.82
0.26
66,000
4.15
1.99
TKC Steel Corp.
2.42
2.48
2.41
2.42
0.00
75,000
1.37
0.90
Trans-Asia Oil
1.23
1.25
1.20
1.21
(1.63)
5,014,000
12,160.00
DIGITAL LIFE
65.50
33.50
Universal Robina
64.90
64.90
64.45
64.85
(0.08)
827,080
(5,604,858.50)
1.12
0.285
Vitarich Corp.
0.580
0.600
0.560
0.590
1.72
1,363,000
7.40
2.55
Vivant Corp.
12.18
11.80
11.00
11.00
(9.69)
8,500
1.22
0.68
Vulcan Ind’l.
0.97
1.00
0.96
1.00
3.09
579,000
MAC users have long enjoyed freedom from viruses
that plague the Windows world—a condition
HOLDING FIRMS
1.18
0.65
Abacus Cons. `A’
0.74
0.73
0.72
0.72
(2.70)
363,000
59.90
35.50
Aboitiz Equity
49.25
49.50
48.80
49.30
0.10
1,400,500
(3,481,840.00)
immortalized in a 2006 Apple video featuring a sickly
Windows PC, played by John Hodgman, and a Mac,
played by Justin Long. In the video, PC is having a
sneezing fit and warns Mac not to get too near.
PC: You better stay back, this one’s a doozy
Mac: That’s okay, I’ll be fine.
PC: No, no. Do not be a hero. Last year, there were
114,000 known
viruses for PCs.
0.019
0.014
Alcorn Gold Res.
0.0150
0.0150
0.0150
0.0150
0.00
2,400,000
13.48
8.00
Alliance Global Inc.
12.12
12.10
11.88
12.04
(0.66)
34,378,200
(134,616,018.00)
2.97
1.57
Anglo Holdings A
2.03
2.06
2.00
2.06
1.48
60,000
4.29
3.00
Anscor `A’
4.40
4.38
4.38
4.40
0.00
300,000
22,150.00
6.98
0.260
Asia Amalgamated A
4.10
4.18
3.95
4.18
1.95
903,000
4,050.00
431.00
272.00
Ayala Corp `A’
425.00
435.00
418.00
434.00
2.12
889,120
(11,248,276.00)
56.60
30.50
DMCI Holdings
S 54.40
58.25
54.00
58.00
6.62
4,595,960
37,458,959.50
4.19
1.03
F&J Prince ‘A’
2.58
3.00
2.65
2.70
4.65
91,000
5.25
3.30
Filinvest Dev. Corp.
4.65
4.64
4.58
4.58
(1.51)
647,000
0.98
0.10
Forum Pacific
0.260
0.265
0.265
0.265
1.92
100,000
4.35
2.90
House of Inv.
4.50
4.50
4.02
4.28
(4.89)
146,000
28.60
19.00
JG Summit Holdings
33.50
33.50
32.90
33.05
(1.34)
2,111,300
12,066,795.00
6.95
4.00
Lopez Holdings Corp.
5.55
5.60
5.50
5.57
0.36
865,000
1,175,717.00
1.54
0.61
Lodestar Invt. Holdg.Corp.
1.19
1.22
1.18
1.18
(0.84)
16,044,000
(310,780.00)
3.52
1.500
Marcventures Hldgs., Inc.
3.450
3.450
3.370
3.400
(1.45)
7,796,000
1,964,440.00
Mac (shrugs): PCs
not Macs. (Wipes PC’s nose
4.25
2.56
Metro Pacific Inv. Corp.
4.17
4.28
4.10
4.25
1.92
50,847,000
(39,439,060.00)
with a tissue.)
PC: I think I’m going to crash (then faints).
But into each life some rain must fall, and the video
from six years ago has come back to haunt Apple,
thanks to OSX.Flashback, a malicious program
that infected an estimated 600,000 Macs early this
month, according to the Russian security company
Dr. Web. Symantec, an anti-virus company, estimates
that this number had fallen to 270,000 by April 11,
but infections have put a chink in the Mac’s armor of
seeming invulnerability.
“Malware authors have targeted the Mac OS for
quite some time; however, the recent OSX.Flashback
infections indicate a very significant shift to the current
threat landscape, which is dominated by malware
on the Windows operating system,” Symantec said.
“What sets this threat apart from typical Mac Trojans
6.24
2.10
Minerales Industrias Corp.
4.89
4.89
4.77
4.89
0.00
77,000
0.0770
0.054
Pacifica `A’
0.0600
0.0600
0.0600
0.0600
0.00
1,450,000
2.20
1.42
Prime Media Hldg
1.600
1.610
1.600
1.600
0.00
55,000
0.82
0.44
Prime Orion
0.520
0.530
0.520
0.530
1.92
2,300,000
2.40
0.90
Seafront `A’
1.65
1.46
1.46
1.46
(11.52)
3,000
0.490
0.285
Sinophil Corp.
0.350
0.350
0.350
0.350
0.00
260,000
699.00
450.00
SM Investments Inc.
651.00
662.00
646.00
660.00
1.38
86,150
12,564,655.00
1.78
1.00
Solid Group Inc.
1.25
1.25
1.23
1.23
(1.60)
1,217,000
1.57
1.14
South China Res. Inc.
1.26
1.26
1.26
1.26
0.00
20,000
1100.00
97.50
Transgrid
460.00
490.00
490.00
490.00
6.52
100
0.420
0.09
Unioil Res. & Hldgs
0.2800
0.2800
0.2750
0.2750
(1.79)
1,630,000
27,500.00
0.620
0.056
Wellex Industries
0.4000
0.4100
0.4000
0.4050
1.25
2,010,000
1.370
0.171
Zeus Holdings
0.630
0.650
0.650
0.650
3.17
285,000
P
R O P E R T Y
29.00
11.00
Anchor Land Holdings Inc.
26.00
39.00
33.00
33.50
28.85
1,700
40,700.00
0.74
0.31
Araneta Prop `A’
0.700
0.700
0.660
0.700
0.00
886,000
22.10
13.36
Ayala Land `B’
20.80
21.30
20.65
21.10
1.44
2,356,900
23,914,670.00
6.12
3.08
Belle Corp. `A’
4.94
4.94
4.87
4.91
(0.61)
1,554,000
(1,068,310.00)
7.55
2.20
Cebu Holdings
6.99
6.85
6.30
6.80
(2.72)
9,699,200
(21,017,319.00)
5.00
1.80
Cebu Prop. `A’
5.10
5.10
5.10
5.10
0.00
20,000
5.66
0.26
Century Property
1.60
1.65
1.57
1.59
(0.63)
555,800
(5,062,390.00)
2.25
1.20
City & Land Dev.
2.15
2.50
2.15
2.25
4.65
643,000
(616,900.00)
1.65
1.07
Cityland Dev. `A’
1.23
1.29
1.20
1.26
2.44
359,000
0.127
0.060
Crown Equities Inc.
0.084
0.084
0.081
0.083
(1.19)
5,100,000
Using and creating a non-administrator account
and using it for day-to-day activities to limit the
damage of malicious attacks;
Using a secure browser (he recommends Google
Chrome);
Uninstall the standalone Flash Player, which is a
common target for hackers;
Uninstall or disable Java if you don’t need it;
Run Software Update regularly and promptly
install updates, especially those related to security;
Use the built-in Keychain password manager;
Update Adobe Reader, another favorite target for
hackers, to Version 10 or later; and Install anti-virus
software. Raiu recommends Kaspersky, of course,
but there are free alternatives available (such as
ClamXav).
Column archives and blog at:
1.25
0.67
Cyber Bay Corp.
0.89
0.90