13 OCTOBER 2018

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8 METRO John Henry Dodson, Editor Saturday, 13 October 2018 Daily Tribune Siblings await Jojo’s return Suspense over mayoralty clash Junjun: I don’t have a reason not to run. The cases are not yet final and executory By Raymart T. Lolo and Elmer N. Manuel Whether or not Makati Mayor Abby Binay will be forced to contend with her brother Junjun in her re-election bid next year remains hanging in the air. Senator Nancy Binay yesterday said that “as soon as my parents (former Vice President Jojo and former Makati mayor Elenita Binay) got back, we will talk about it.” Seeking reelection, Nancy issued the statement as she filed her certificate of candidacy at the Commission on Elections (Comelec) in Intramuros Manila, accompanied by her brother Junjun. Speaking to reporters at the Comelec, Junjun, however, expressed readiness to contest the mayorship of the country’s premier business district with his sister. Just the same, Junjun conceded that he will have to await the return of their parents from a pilgrimage to Italy before making a final decision to run or not as mayor. Abby earlier asked Junjun not to run as she slammed the personalities behind him, including city councilors who broke away from her administration, as corrupt. Meanwhile, Comelec spokesman James Jimenez agreed with the position aired by Junjun’s camp that there’s no legal impediment to his running next year, as long as there’s no final decision yet on his corruption cases. “Under the law, only a final conviction will bar you from Celebs storm Comelec Celebrity-politicians trooped yesterday to the Commission on Election (Comelec) on the second day of the filing of certificates of candidacy (CoC) for the 2019 mid-term elections. Among those adding glitz to the otherwise routine procedure was actress Vilma Santos-Recto who filed a CoC in seeking a congressional seat in Batangas. Bacoor, Cavite Mayor Lani Mercado-Revilla formalized her reelection bid even as her husband, detained former senator Bong Revilla, is also expected to file a CoC for another Senate run. Also gunning for the Senate are actors Lito Lapid and Jinggoy Estrada and singer Freddie Aguilar. Having resigned as an undersecretary of the Department of Social Welfare and Development, showbiz personality Isko Moreno filed a CoC to contest the reelection bid of Manila Mayor Joseph “Erap” Estrada. One of the icons of Philippine cinema, Estrada welcomed Moreno’s challenge, as well as the projected run of former mayor Alfredo Lim. Roderick Paulete filed for vice mayor of Quezon City which he will contest with fellow councilor and fellow TV personality Gian Sotto, the son of Senate President Tito Sotto. PVD ONE of three gunrunners lies dead after a shootout with Quezon City policemen. ANALY LABOR ‘Red’ plot fizzles out By Mario J. Mallari Defense Secretary Delfin Lorenzana yesterday declared the “Red October Project” designed to oust President Duterte has “melted” after the military discovered the plot. “There is no more (plot). It melted,” said Lorenzana. Based on documents recovered by the Armd Forces of the Philippines (AFP) from arrested or surrendered New People’s Army (NPA) leaders, the plot was supposed to be launched 11 to 17 October. “When the AFP announced it, the groups behind it pulled back,” said Lorenzana. Brig. Gen. Antonio Parlade Jr., AFP assistant deputy chief of staff for operations, tagged the Communist Party of the Philippines (CPP) as being behind the “Red October Project.” Parlade identified CPP founding chair Jose Maria Sison as the “conductor” of the plot. He initially tagged the opposition Tindig Pilipinas, particularly personality identified with the Liberal Party, as part of the sinister plan to oust the President. The plotters, Parlade said, initially planned to launch the ouster plot on 21 September but the groups failed to gather support after Mr. Duterte publicly announced the plan. The president directly pointed to the “yellows” or LP, Sen. Antonio Trillanes IV and the communist behind the plot. running for office. If there’s any appeal pending or if it’s not a final conviction (yet), then it won’t fit the criteria for disqualification,” Jimenez said. “I don’t have a reason not to run. The cases are not yet final and executory. In fact, one of it was already reversed,” Junjun told reporters. Under the law, only a final conviction will bar you from running for office. “We have not yet reached the Supreme Court. Why would she say that. It seems this is the only way for my sister to win, that I won’t run?” Junjun added. Junjun’s counsel, former Comelec chairman Sixto Brillantes, said: “It’s not final, so there is no ground for disqualification. It’s that simple.” The Binay patriarch Jojo had already announced his running as congressman in the first congressional district of Makati. Junjun was a three-termer councilor when he ran and won as mayor of Makati in 2010 and then again in 2013. He was suspended in 2015 after The National Privacy Commission (NPC) reported yesterday that 208 customers of ABS--CBN’s online store were affected by the hacking of its website last August. The TV-radio network said it came to know of the cyber attack on its system on 19 September through the upload on 16 August of a “malicious java script” called Magecart. The NPC’s investigation of the incident is on-going. Meanwhile, store.abs-cbn.com remains shut down. The commission reported the breach of ABS-CBN’s online system to warn the public, pursuant to its mandate to protect data privacy, especially against malicious being charged with corruption in relation to the construction of the Makati City Hall Building II. In a clash with her own brother, Abby will hold the edge, according to a 17-23 August Pulse Asia survey. In the poll among 1,200 respondents, Abby received 67, 65 and 69 percent of the votes in all three sets of candidates, including Junjun, businessman Ricky Yabut and former vice mayor Kid Pena. 208 clients affected by hacking Credit card details of 208 customers stolen. By Francis Earl Cueto and Kathleen Mae Bulquerin After eluding police for five years, authorities in Mandaluyong City finally caught Rolando Cabudhay Thursday night to make him accountable for raping a girl now 12 years old. Police arrested Cabudhay while undergoing a simultaneous Anti- Criminality Law Enforcement Operation in Barangay Addition Hills. He admitted to committing the crime. The suspect was nabbed following a tip from a concerned citizen. In Marikina City, shabu worth P46,000 was confiscated from several suspected drug pushers who fell in a series of buy-bust operations. Among the first to be arrested was NJ Manaois, 28, who bailed out of the city jail last May but who continued peddling drugs, according to police assets assigned to track his activities. Taken from his house in Barangay Tumana were 12 sachets of suspected shabu and SEN. Nancy Binay: Abby-Junjun issue will be decided within their family. attacks by cyber criminals. “The attacker was able to illegally obtain in real-time, the personal data of affected customers, including their name, credit card number, its expiration date, as well as the card verification number,” the NPC said. “Other data collected were the data subject’s email address, phone number, and residential address,” NPC said of the network’s online commercial platform which has 44,000 registered users. During the period when the site was compromised, there were a total of 208 validated purchase transactions from unique customers. The company said it was able to reform 202 affected data subjects through emails and text messages, within 72 hours of the discovery of the breach. The six remaining customers who were affected did not provide ‘Rapist’ of girl falls a digital weighing scale. This time around, the amount of shabu taken from Manaois makes his offense non-bailable. Meanwhile, one of three gunrunners killed in a shootout with Quezon City policemen the other day was identified as alias “Turo.” His and the bodies of his two cohorts remained unclaimed by relatives. The fatalities sold shotguns to an undercover policeman and fought it out with arresting cops in Bago Bantay, Quezon City. Retrieved from their bodies were three .45 caliber pistols. QCPD head Chief Supt. Joselito Esquivel Jr. said they received a tip about the gunrunning activities of the group and laid down a buy-bust operation which took place along Cavite Street. valid contact details, it added. Affected users were advised by the network to immediately contact their banks and credit card issuers about the breach for corrective actions. Shuttered website has 44,000 registered users. ABS-CBN data protection officer Jay C. Gomez surmised that the incident is a coordinated attack and part of the massive card skimming campaign of Magecart. Magecart had been linked to the attacks on ticket-selling giant Ticketmaster, UK airline British Airways and other e-commerce sites worldwide. Data stolen by the gang is forwarded to a server in the city of Irkutsk in Russia’s eastern Siberia. WJG Honest MMDA driver lauded Metropolitan Manila Development Authority (MMDA) chairman Danilo Lim yesterday lauded his own driver, Rex Ronal Romero, for returning a purse he found with $220 and P700 inside. The 34-year-old Romero said he saw and retrieved the purse along the EDSA- Ayala tunnel while driving last Monday and immediately checked for its owner’s contact details. The owner redeemed the purse at the MMDA office last Wednesday and expressed his gratitude to Romero, an employee of MMDA for 10 years now. “Romero’s good deed is a clear manifestation of the high sense of dedication to public service worthy of emulation,” said Lim. ‘One-time, big-time op’ QCPD Chief Supt. Joselito Esquivel Jr. and NCRPO head Director Guillermo Eleazar present personalities rounded up during simultaneous operations in Metro Manila. ANALY LABOR
Campaign aims to end hunger P19 Northport pulls plug on Meralco P15 Pernia tells IMF trade imbalance under control Jun Vallecera, Editor Saturday, 13 October 2018 Daily Tribune P10 BUSINESS 9 STRUCTURES such as these dotting the Metro Manila skyline require a menu of risk financing tools protecting them against events of different frequency and severity, according to Budget Secretary Benjamin Diokno. YUMMIE DINGDING PH airs risk financing tools vs disasters The Philippine government recommends combining different risk financing instruments to protect against events of different frequency and severity Budget Secretary Benjamin Diokno told representatives of the International Monetary Fund (IMF) and the World Bank (WB) the timely release of postdisaster financing facilities is crucial in mitigating the short and long-term costs of natural and man-made disasters. Diokno formed part of the Philippine delegation to the IMF-WB annual meetings in Bali, Indonesia where he highlighted ADB, others support emerging markets projects BALI, INDONESIA — The Asian Development Bank (ADB), together with other development finance institutions (DFI) last year, used about $1.2 billion in concessional funds to support nearly $9 billion in private investment projects in emerging markets. These projects included $3.9 billion of commercial financing from DFI as well as $3.3 billion from private lenders and investors, according to a new DFI report that highlights how blended concessional finance can be key to mobilizing private investment in challenging environments. The report also notes best practices and improvements in governance, decision-making processes, documentation, training and effective monitoring. The 2018 Joint Report of the DFI Working Group on Blended Concessional Finance for Private Sector Projects offers an extensive set of data, including geographies, sectors and volumes of private finance mobilized, on the extent to which blended concessional finance was used by DFI, including ADB, during 2017. Blended concessional finance involves combining concessional funds with private sector and DFI commercial financing and it allows DFI to support private sector investment in order for investors and lenders to provide financing to projects that they would normally not be able to, particularly in higher-risk the country’s disaster risk financing and insurance (DRFI) experience. “The Philippine government recommends combining different risk financing instruments to protect against events of different frequency and severity,” he said. “Risk layering ensures that cheaper sources of money are used first, with the most expensive instruments used only in exceptional circumstances. countries. Further to the enhanced blended concessional finance principles for DFI private sector operations, DFI use concessional funds to the minimum extent needed and for the purpose of crowding in private sector investment into projects that present higher risks stemming from market failures, demonstration effects in pioneering projects, important affordability considerations or other economic factors. The report highlights that projects financed by DFI are increasingly leveraging this type of financing to channel private investment into challenging markets particularly in low- and The Budget chief further said the government’s standby loan facility providing quick post-disaster liquidity in addition to the parametric insurance policy secured by the Bureau of Treasury from the staterun Government Service Insurance System. This insurance policy grants payouts without requiring post-disaster loss assessment. It is triggered by the modeled losses generated using the country’s catastrophe risk model. Diokno also cited several budgetary instruments put forward by the government to utilize after major disaster events, lower-middle-income countries. In 2017, 80 percent of ADB’s blended concessional finance transactions were in lower-middle-income countries, including a new geothermal project that will pioneer the use of dual flash geothermal technology in Indonesia, which increases resource utilization. The report also notes best practices and improvements in governance, decision-making processes, documentation, training and effective monitoring to ensure concessional funds are used efficiently. The report was released on the sidelines of the Tri Hita Karana (THK) Forum on such as the National Disaster Risk Reduction and Management Fund, Quick Response Fund and Local Risk Reduction and Management Fund. He likewise cited the necessity of harmonizing all efforts from agencies involved in disaster risk reduction and management. With these efforts, a nationwide investment program addressing climate change, the Risk Resiliency Program, was developed by the administration involving various agencies that adopted the Program Convergence Budgeting policy of the Department of Budget and Management. Joshua Lao Sustainable Development in Bali, where attendees endorsed a complementary program called the “Tri Hita Karana Roadmap for Blended Finance.” The THK Roadmap, led by the Organization for Economic Cooperations and Development, covers a broader range of public/private support for private sector projects beyond the use of concessional finance and is fully consistent with the DFI Enhanced Principles. The DFI Working Group contributed to and supports the THK Roadmap and sees it as providing important shared values for all stakeholders engaged in supporting private sector projects for development and achieving the Sustainable Development Goals. THE Secretaries of Transportation, Arthur Tugade and of Public Works, Mark Villar, led a group of agency and local government executives in a track-laying ceremony extending the main line of the Philippine National Railways a few kilometers more to Malabon City. DoTr PHOTO Interconnection woes hamper BIR collection The systems helping the Bureau of Internal Revenue’s (BIR) process tax data suffer from anomalies that hamper the revenue collection efforts of the agency as well as impair their productivity and the delivery of frontline services. The Department of Finance, parent agency of the BIR, said the Department of Information and Communications Technology (DICT) tried to solve its network issues but has yet to fix the problem. The BIR asked the DICT to submit an update on measures taken to resolve the network connection problem as well as the long-term solution it is drafting to support the BIR’s complex requirements “on data center (DC) hosting and provisioning.” “Said network connection only stabilized last 30 August 2018. However, note that its electronic tax information or eTIS file restoration has not been completed as of date,” BIR Deputy Commissioner Lanee Cui-David, who is in charge of the BIR’s Information Systems Group, said in her letter to Rio dated 20 September. May we be apprised on what DICT has undertaken so far to address recurring iGov DC co-location problems of BIR and in the long-term, how to fully and effectively support the complex BIR requirements on DC hosting and provisioning. The tax bureau failed to meet its monthly and year-to-date collection targets in August even after netting P115.77 billion in September. The figure proved below the P121.40-billion collection for the month and 18.1 percent short from the same period last year. From January to September, the BIR collected P1.429 trillion or 10 percent higher year-on-year but still P1.473-trillion short of target for the period. In her letter to DICT Acting Secretary Eliseo Rio Jr., Cui-David said they experienced erratic network connection affecting all its systems and e-services last 10 August at the height of the DICT’s work on hardware provisioning, facility preparations and network reconfiguration to restore and back up the bureau’s system eTIS following a hardware meltdown last July. The eTIS is a web-based internal BIR platform covering taxpayer registration systems; CUI-DAVID returns filing and processing; collection, remittance and reconciliation; audit; case management system; taxpayer accounts system; batch architecture module and system administration management. Intermittent DICT network connectivity also severely delayed efforts to transfer the eTIS backup data and files from the Department’s DC in Quezon City to another one in Makati City last August, the BIR added. Finance Secretary Carlos Dominguez III was furnished a copy of the letter to Rio. The letter was also addressed to DICT Undersecretaries Denis Villorente, who is in charge of Development and Innovation; and Monchito Ibrahim, who handles Management and Operations and Jennifer Pacatang of the Department of Science and Technology. “We have always been forthright that BIR needs an iGovPhil DC that is able to fully and adequately address all components of DC hosting and provisioning — infrastructure, services, applications, tools, not simply physical hosting or co-location (itals as shown on the letter),” said Cui-David. She reminded Rio in her letter that “we have repeatedly communicated the urgency for DICT to speed up the process of strengthening and enhancing the iGovPhil DC’s, as envisioned under Executive Order 47,” which paved the way for the implementation of iGovPhil (Integrated Government Philippines Program). “Therefore, may we be apprised on what DICT has undertaken so far to address recurring iGov DC co-location problems of BIR and in the long-term, how to fully and effectively support the complex BIR requirements on DC hosting and provisioning,” added Cui-David. Komfie Manalo
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13 OCTOBER 2018

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