20 NOVEMBER 2018
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HUNT<br />
FOR<br />
NUCLEAR<br />
TALKS<br />
MOST<br />
INNOVATIVE<br />
BROADSHEET<br />
<strong>20</strong>18<br />
44TH<br />
PHILIPPINES<br />
BUSINESS<br />
EXPO<br />
SAVOR GOLDEN AGE<br />
‘REAL<br />
NBA’<br />
SLIDE<br />
PAGE 16 WORLD PAGE 4 COMMENTARY<br />
PAGE 13 SPORTS PAGE <strong>20</strong> LIFESTYLE<br />
MANILA, PHILIPPINES TUESDAY, <strong>20</strong> <strong>NOVEMBER</strong> <strong>20</strong>18<br />
A DREAM GIRL NAMED CHARISSE<br />
5 UHC humps<br />
stall bicam<br />
By Mario J. Mallari<br />
Five contentious issues held up the<br />
bicameral conference committee in crafting<br />
a reconciled version of the Universal Health<br />
Care (UHC) bill yesterday.<br />
Sen. Joseph Victor Ejercito, chairman<br />
of the Senate Committee on Health and<br />
Demography and sponsor of the UHC bill,<br />
Turn to page 6<br />
Practical cooperation in<br />
all fields between the<br />
two sides has started<br />
to resume and bilateral<br />
relations are entering a<br />
brand-new period<br />
By Kristina Maralit<br />
and Mario J. Mallari<br />
The People’s Republic of<br />
China (PROC) has considered<br />
aligning its Belt and Road<br />
Initiative (BRI), a brainchild<br />
of Chinese leader Xi Jinping,<br />
Belt, Road, Build<br />
with the “Build, Build, Build”<br />
program of President Rodrigo<br />
Duterte, Chinese Ambassador<br />
Zhao Jianhua said.<br />
Zhao said the BRI will likely<br />
be offered by Xi, who starts a<br />
two-day visit today, to help the<br />
Philippines achieve its Ambisyon<br />
Natin <strong>20</strong>40 development strategy.<br />
In an interview with Chinese<br />
media carried by state-run<br />
Xinhua news agency, Zhao<br />
said its firm support for the<br />
economic thrusts of Mr. Duterte<br />
demonstrates PROC’s aim to<br />
establish itself as a reliable<br />
partner of the Philippines.<br />
At the recent China<br />
International Import Expo<br />
in Shanghai, more than 40<br />
exhibitors from the Philippines<br />
took part, Zhao explained.<br />
“This is mutually beneficial<br />
and will bring benefits to our<br />
peoples,” he stressed.<br />
The Philippines is part of the<br />
ancient Silk Road where the BRI<br />
will be implemented, Zhao said.<br />
He added the Philippines is<br />
a natural partner for the joint<br />
construction of the BRI.<br />
Turn to page 2<br />
Rainbow after rain President Rodrigo Duterte and Chinese President Xi Jinping attend a signing ceremony for Chinese-funded projects in Beijing on <strong>20</strong> October <strong>20</strong>16. Xi’s momentous state visit starting today will underline the golden age of relations<br />
between China and the Philippines.<br />
AFP<br />
Full-scale drugs war on<br />
President Rodrigo Duterte has<br />
tapped the entire government<br />
machinery to meet his target<br />
of ending the narcotics scourge<br />
before the end of his term in<br />
<strong>20</strong>22.<br />
In a memorandum circular,<br />
Mr. Duterte directed all<br />
government offices, agencies<br />
and instrumentalities,<br />
including government-owned<br />
and controlled corporations<br />
(GOCC) and state universities<br />
and colleges (SUC), to take an<br />
active role in the anti-illegal<br />
drugs campaign.<br />
Mr. Duterte bared last week<br />
Turn to page 2<br />
Amity’s many benefits Presidential Communications Operations Office Secretary<br />
Martin Andanar tells media during the Asia-Pacific Economic Cooperation Economic Summit<br />
of government plans to send more Filipino journalists to Beijing to further deepen their<br />
understanding of China and learn from its quickly-evolving technology. MALACAÑANG PHOTO<br />
NASA FRIENDS<br />
LIST MO BA<br />
AKO?<br />
Facebooking<br />
mayor<br />
The mayor of Daanbantayan<br />
town in Cebu is performing his<br />
duty without being physically<br />
present in the town hall. Mayor<br />
Vicente Loot, who has been in<br />
hiding after an ambush almost<br />
killed him in May, is using<br />
social media to report the<br />
status of local infrastructure<br />
projects done in the past few<br />
months.<br />
Loot’s Facebook page has<br />
Turn to page 2<br />
Foreign policy well defended<br />
By Kristina Maralit<br />
The Philippines has<br />
strengthened its international<br />
position and has successfully<br />
advanced the country’s interest<br />
based on the principle of an<br />
independent foreign policy after<br />
3 ‘leftist’<br />
DSWD<br />
execs sacked<br />
By Kristina Maralit<br />
and Elmer N. Manuel<br />
President Rodrigo Duterte has<br />
terminated three executives of<br />
the Department of Social Welfare<br />
and Development (DSWD) who<br />
Turn to page 6<br />
President Rodrigo Duterte’s<br />
engagement with world leaders<br />
in back-to-back international<br />
summits, the Palace said<br />
yesterday.<br />
“Throughout the ASEAN<br />
(Association of Southeast Asian<br />
Nations) Summit and Related<br />
Summits and the APEC (Asia-Pacific<br />
Economic Cooperation) Economic<br />
Leaders’ Meeting, President<br />
Duterte continued to advance<br />
national interests and prioritized<br />
upholding and promoting the<br />
Philippines’ key positions,”<br />
Turn to page 6<br />
Retro giant Snow globes were big hits for children two decades ago but lost its<br />
luster with the advent of computers. A giant replica of the toy brings in the crowd at<br />
the Bonifacio Global City.<br />
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NEWSSTAND PRICE<br />
P18.00<br />
ISSUE<br />
Vol. 18 No. 246<br />
<strong>20</strong> pages
NEWS<br />
2<br />
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
Belt, Road, Build<br />
The two leaders have<br />
worked hard to make<br />
the WPS a sea of<br />
peace, friendship and<br />
cooperation<br />
From page 1<br />
Golden era begins<br />
The envoy said PROC is ready<br />
to work with the Philippines to<br />
help and support each other and<br />
jointly move forward towards<br />
a new golden era of the two<br />
countries’ relations.<br />
Xi’s visit has far-reaching<br />
significance and it will be a<br />
milestone for stronger and closer<br />
relations between the two<br />
countries.<br />
Practical cooperation<br />
in all fields between the<br />
two sides has started to<br />
resume and bilateral<br />
relations are entering<br />
a brand-new period,<br />
Zhao said.<br />
He said Xi and<br />
Duterte will exchange<br />
“in-depth views over<br />
issues of common<br />
concern and map<br />
out a new blueprint<br />
to develop the two<br />
countries’ ties.”<br />
He pointed<br />
out that Xi and<br />
Duterte have<br />
met several<br />
times before<br />
and forged a<br />
solid working<br />
relationship<br />
and strong<br />
personal<br />
friendship.<br />
W i t h<br />
political<br />
wisdom, the<br />
two leaders<br />
have reached<br />
important<br />
consensus that<br />
the West Philippine<br />
Sea (WPS) issue should<br />
be handled through dialogue and<br />
consultations, he said.<br />
The two leaders have<br />
worked hard to make the WPS<br />
a sea of peace, friendship and<br />
cooperation, Zhao added.<br />
“We hope that the two<br />
countries could set a fine<br />
example on dealing with the<br />
WPS issue,” Zhao said.<br />
Xi sked out<br />
As major thoroughfares will<br />
be temporarily closed while<br />
school and work in government<br />
offices in Manila have been<br />
suspended in time for Xi’s state<br />
visit, Malacañang has released<br />
the official schedule for the<br />
duration of the leader’s stay.<br />
Xi’s stop in Manila, the first<br />
for a sitting Chinese leader in<br />
13 years, will be highlighted by<br />
the official welcome ceremony<br />
at the Palace to be led by Mr.<br />
Duterte followed by an expanded<br />
bilateral meeting by the two<br />
heads of state.<br />
The Chinese leader’s schedule<br />
as released by the Presidential<br />
Communications Operations<br />
Office (PCOO) would have him<br />
arriving today at the Ninoy<br />
Aquino International Airport<br />
(NAIA).<br />
We hope that the two<br />
countries could set a fine<br />
example on dealing with<br />
the WPS issue.<br />
Xi will lead a wreath-laying<br />
ceremony at Rizal Park before<br />
attending an official welcome<br />
ceremony in Malacañang.<br />
He would then hold an<br />
expanded bilateral meeting<br />
with Mr. Duterte and Cabinet<br />
members and witness the signing<br />
of exchange of agreements on the<br />
same day.<br />
A state banquet with<br />
ceremonial toasts will be held in<br />
the evening<br />
On Wednesday, 21 November,<br />
Speaker Gloria Macapagal Arroyo<br />
and Senate President Vicente<br />
Sotto III will pay a courtesy call<br />
on Xi at the Makati Shangri-La,<br />
Manila.<br />
He will also meet with<br />
leaders of the Filipino-Chinese<br />
community on his final day<br />
before leaving for PROC.<br />
As instructed by Malacañang,<br />
exact times of the scheduled<br />
activities were not included for<br />
security reasons.<br />
Firming of ties<br />
Xi’s visit is a “turning point”<br />
for both countries’ histories. This<br />
would be the first state visit of a<br />
Chinese president since Hu Jin<br />
Tao in <strong>20</strong>05, reciprocating a state<br />
visit made by Duterte last year.<br />
“The Chinese leader’s visit<br />
to the Philippines marks an<br />
opportunity to further strengthen<br />
and sustain our bilateral relations<br />
with the foreign country, which<br />
surged forward under the<br />
visionary leadership of President<br />
Duterte,” presidential spokesman<br />
Salvador Panelo said.<br />
He also stressed Xi and<br />
PROC’s continued efforts in<br />
promoting peace and stability<br />
in the region “through dialogues<br />
and consultations in handling the<br />
WPS issue” to ensure a peaceful<br />
resolution to the territorial<br />
matters of the contested<br />
waterway.<br />
“Indeed, amity solves<br />
international disputes and even<br />
forges a more powerful alliance<br />
between both countries against<br />
threats to security, including<br />
terrorism, violent extremism,<br />
criminality and the drug menace,”<br />
stated Panelo.<br />
Table economic deals<br />
Economic partnership and<br />
the WPS dispute are among the<br />
key issues the senators wanted<br />
President Duterte to tackle with<br />
Xi during his visit.<br />
Senators Panfilo Lacson and<br />
Sonny Angara cited the possible<br />
joint oil exploration in the WPS as<br />
a topic amid the much-improved<br />
bilateral relationship between<br />
the Philippines and PROC.<br />
Angara also wanted to<br />
expedite projects pursued by<br />
the Duterte administration with<br />
Chinese support.<br />
He said this should cover “any<br />
possible partnership with respect<br />
to WPS since relations seem to<br />
be going well the past few years<br />
and also the fast tracking of<br />
infrastructure projects all over<br />
the country.”<br />
“These would be among<br />
the most pressing and possibly<br />
fruitful discussions they could<br />
have,” he added.<br />
On the other hand, Lacson<br />
said Mr. Duterte could tackle<br />
the planned joint exploration of<br />
minerals in the disputed WPS<br />
with PROC.<br />
This would be the first<br />
state visit of a Chinese<br />
president since Hu Jin<br />
Tao in <strong>20</strong>05.<br />
“China is pretty excited<br />
about the possibility of joint<br />
exploration,” Lacson said.<br />
Senate Minority Leader<br />
Franklin Drilon said, apart from<br />
the WPS issue, he hopes the<br />
President will bring up with<br />
Xi the apparent delays in the<br />
release of Chinese loans and<br />
investment pledges.<br />
Sen. Joseph Victor Ejercito<br />
echoed Drilon’s sentiments,<br />
stressing that PROC should<br />
clarify that there should be no<br />
strings attached to loans granted<br />
to the Philippines.<br />
“China claims to be a friend.<br />
They want to do a lot of our<br />
big projects. Our worry is that<br />
if there are strings attached.<br />
They also have to clarify,” said<br />
Ejercito, citing the terms of what<br />
Japan is extending to Manila<br />
via its Overseas Development<br />
Assistance.<br />
“The Japan package is really<br />
friendly. On the Chinese side,<br />
they have to be friendly also.<br />
Hopefully, there are no strings<br />
attached,” he added.<br />
Shared principle Presidents Rodrigo Duterte and Xi Jinping stand side by side on the<br />
Asian way of mutual trust and respect in resolving differences in the region.<br />
AFP<br />
From page 1<br />
Full-scale<br />
drugs war on<br />
Government offices,<br />
agencies and<br />
instrumentalities<br />
should immediately<br />
mobilize assets and take<br />
an active role in the<br />
campaign<br />
his plan in a lecture in Malacañang<br />
to employ the entire resources<br />
of government for the war<br />
against drugs.<br />
Before members of the<br />
Filipino community in<br />
Papua New Guinea, Mr.<br />
Duterte vowed to solve<br />
the narcotics problem<br />
before he steps down<br />
from office.<br />
Under Memorandum Circular<br />
53, signed by Executive<br />
Secretary Salvador Medialdea<br />
on 12 November, Mr. Duterte<br />
directed “all government offices,<br />
agencies and instrumentalities,<br />
including GOCC and SUC, to<br />
immediately mobilize their<br />
assets and take an active role<br />
in the government’s anti-illegal<br />
drugs campaign, in accordance<br />
with their respective mandates.”<br />
Do you know why drugs is<br />
hard to stop? Because it’s<br />
money and it’s very hot.<br />
The memorandum stated that<br />
the drug problem continues to<br />
degrade the moral fiber of society<br />
as it undermines the rule of law<br />
and that it had evolved into a<br />
national security problem.<br />
Policy issue<br />
It also recognized the<br />
policy of the State to pursue<br />
an effective campaign<br />
against trafficking and use<br />
of dangerous drugs through<br />
an integrated system of<br />
planning, implementation<br />
and enforcement of anti-illegal<br />
drug abuse policies, programs<br />
and projects.<br />
Now at the forefront of<br />
the anti-drugs crackdown<br />
are the Dangerous Drugs<br />
Board and the Philippine Drug<br />
Enforcement Agency.<br />
Before members of the<br />
Filipino community in Papua<br />
New Guinea, Mr. Duterte vowed<br />
to solve the narcotics problem<br />
before he steps down from<br />
office.<br />
“I have three years<br />
remaining. I hope that I can<br />
put in place something,” the<br />
President said.<br />
“Do you know why drugs<br />
are hard to stop? Because it’s<br />
money and it’s very hot,” he<br />
explained, saying that several<br />
police personnel were drug<br />
coddlers themselves.<br />
The drug problem<br />
continues to degrade the<br />
moral fiber of society as it<br />
undermines the rule of law.<br />
Constant efforts<br />
Last year, Mr. Duterte issued<br />
Executive Order (EO) 15, creating<br />
the Inter-Agency Committee<br />
on Anti-Illegal Drugs and the<br />
National Anti-Illegal Drug Task<br />
Force to address the drug<br />
problem.<br />
Section 4 of EO 15 provides<br />
the National Anti-Illegal Drug<br />
Task Force composed of<br />
members of law enforcement<br />
agencies, including members<br />
of the institutions called upon<br />
for assistance, shall undertake<br />
sustained anti-illegal drug<br />
operations.<br />
EO 66, meanwhile,<br />
institutionalized the Philippine<br />
Anti-Illegal Drugs Strategy<br />
by directing all government<br />
offices, including GOCC and<br />
SUC, to implement the strategy.<br />
Kristina Maralit<br />
From page 1<br />
posts of photos of newly paved<br />
roads, a mini desalination plant<br />
in Carnaza, a tourism information<br />
center and restroom in the Port of<br />
Maya, a community stage, water<br />
pipelines, daycare center, street<br />
lights, newly roofed old public<br />
market, perimeter fence, well,<br />
tombs and a chapel in the public<br />
Facebooking mayor<br />
cemetery, wastewater treatment<br />
facility and improvements in the<br />
municipal hall building.<br />
He also posted a message<br />
explaining his absence from<br />
office as a tactic to win a fight.<br />
The post of Loot, who was<br />
reportedly named by President<br />
Rodrigo Duterte as a coddler<br />
of druglords, read: “I am not<br />
in hiding but I preferred to lay<br />
low and limit my exposure for<br />
security reasons as I perform my<br />
job away from the prying eyes of<br />
interested parties.”<br />
Loot also said in the post that<br />
he is doing his job.<br />
“Leadership may sometimes be<br />
unseen but it should always be felt.<br />
And the manner the governance<br />
is effectively working in DB at<br />
present, that is an assurance that<br />
they have a leader who knew his<br />
job, did his job, did his job well<br />
and did it with lots of difference,”<br />
read his post.<br />
The Facebook mayor, however,<br />
may have to work harder in<br />
reaching out to his constituents.<br />
There are more than 85,000<br />
people in Daanbantayan but his<br />
Facebook followers are only more<br />
than 3,000.<br />
They never learn Metropolitan Manila Development Authority enforcers haul equipment of sidewalk vendors in the notoriously chaotic flea market area<br />
of Baclaran during operations held periodically to clear obstructions to vehicle traffic.<br />
RAFAEL TABOY
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
PAGE THREE<br />
LAWMAKER SMELLS GREASE<br />
‘Veloxed’ budget seen with delay<br />
It is not difficult to predict a<br />
re-enacted budget in <strong>20</strong>19<br />
By Hananeel Bordey and Mario J. Mallari<br />
If the Senate can extend its working days,<br />
Deputy Speaker Prospero Pichay sees no reason<br />
why the House of Representatives could not.<br />
Seeking solutions to finish the <strong>20</strong>19 national<br />
budget, Pichay said the Lower House can also<br />
stretch its calendar if needed. Senators will work<br />
on the budget until 19 December.<br />
“Well if they extend, we’ll also extend,” Pichay<br />
said.<br />
“We will wait for the Bicam (Bicameral<br />
Conference) to finish. After the Bicam, the<br />
president needs to sign it so that we will not reenact<br />
the budget,” Pichay stressed.<br />
“If the Senate is slow, what can we do? We<br />
cannot rush (the Senators), right? So, we just have<br />
to agree with them (and wait).” Pichay added.<br />
“We just have to wait for the result of the<br />
budget hearing of the Senate. We all know that<br />
GAA (General Appropriations Act) is the only law<br />
that is enacted every year. So, the versions of the<br />
House and the Senate should match, said Pichay,<br />
adding it is not possible to set a timetable for it.<br />
Meanwhile, House Appropriations Committee<br />
Vice Chairperson Maria Carmen Zamora said<br />
amendments to the <strong>20</strong>19 National Budget are<br />
By Hananeel Bordey<br />
The newly-created House<br />
Committee on Disaster<br />
Management branded as slow<br />
the progress made in the Marawi<br />
rehabilitation project after its first<br />
regular meeting on Monday.<br />
The panel headed by Bataan<br />
Rep. Geraldine Roman scrutinized<br />
the housing projects led by Task<br />
Force Bangon Marawi.<br />
Construction of the permanent<br />
houses for Marawi residents has<br />
still being worked out. They are looking at a 28<br />
November submission.<br />
“We’re in the final stages of reconciling<br />
differences and amendments to the budget.<br />
After that, we need to get the budget printed,”<br />
Zamora said.<br />
“Unfortunately, we’re still quite in the thick<br />
of the amendments. Due to the volume of the<br />
amendments requested and agreed upon during<br />
the debates over HB No. 8169 alone, combined<br />
with the different agencies’ concerns, we’re still<br />
going through (many) items,” she added.<br />
But Senator Panfilo Lacson still raised the<br />
probability of a reenacted <strong>20</strong>19 national budget,<br />
citing lack of time to deliberate and pass the<br />
appropriations bill.<br />
Lacson said the House would not be able to<br />
submit the proposed <strong>20</strong>19 national budget earlier<br />
than 29 November.<br />
“The delay is caused by unfinished individual<br />
insertions in the <strong>20</strong>19 House version of general<br />
appropriations bill,” Lacson said.<br />
By “individual insertions,” Lacson meant “pork<br />
barrel” or funds allotted to individual congressional<br />
districts of congressmen which were earlier<br />
declared unconstitutional by the Supreme Court.<br />
“This early, it is not difficult to predict a<br />
reenacted budget in <strong>20</strong>19,” said Lacson, who<br />
consistently opposes the “pork barrel.”<br />
“And I dare say, it’s all the fault of the Lower<br />
House that their insertions a.k.a. pork barrel<br />
allocations are obviously the main reasons for<br />
yet to start, Roman said.<br />
Speaker Gloria Macapagal-Arroyo,<br />
who graced the meeting, emphasized<br />
that under her leadership, economic<br />
measures counting the budget for<br />
disaster response, including funds for<br />
the Marawi rehabilitation, should be<br />
prioritized to maximize the remaining<br />
time they have in the 17th Congress.<br />
“Because the reality is at this<br />
late stage, it is very difficult to<br />
expect new legislation to happen.<br />
So, it’s time for us to start focusing<br />
on our oversight functions and<br />
maybe the number one that<br />
we need to undertake in this<br />
committee is the oversight of<br />
Marawi rehabilitation,” Arroyo<br />
said.<br />
“Implementation will now be<br />
the key to maximizing the benefits<br />
of our legislation,” Arroyo said.<br />
She suggested that the panel<br />
look into Marawi as “the issue<br />
is mostly in the minds of our<br />
citizens when it comes to disaster<br />
management”.<br />
“Because everywhere I go, I<br />
keep hearing comments saying<br />
they haven’t seen anything on the<br />
rehabilitation of Marawi. Let’s<br />
find out what it is,” Arroyo said.<br />
Task Force Bangon Marawi<br />
Organization, represented by<br />
the delay,” Lacson added.<br />
“The info is that they won’t be ready to transmit<br />
to the senate earlier than 29 November. By then,<br />
we will have five session days left before Congress<br />
adjourns,” Lacson said.<br />
The delay is caused by unfinished<br />
individual insertions in the<br />
<strong>20</strong>19 House version of general<br />
appropriations bill.<br />
“We are not superheroes in the Senate to<br />
finish scrutinizing the House version of the<br />
budget bill, including all the study and research<br />
prior to plenary debates, amendments etc., even<br />
ratification of the bicameral report,” he lamented.<br />
Lacson explained that after the House approves<br />
the GAB on third and final reading, it needs<br />
another 10 days for printing before the actual<br />
transmittal to the Senate.<br />
Lacson said it is irregular<br />
for congressmen to make<br />
amendments after the<br />
budget was already<br />
approved in the plenary<br />
on second reading.<br />
“The only logical<br />
explanation is - they<br />
are willing to defy the<br />
rules just to make way<br />
for their pork,” said<br />
Lacson.<br />
PICHAY<br />
‘Where are the Marawi houses?’<br />
I keep hearing comments<br />
saying they haven’t<br />
seen anything on the<br />
rehabilitation of Marawi.<br />
By Alvin Murcia<br />
The Department of Justice (DoJ) will<br />
tap the National Bureau of Investigation<br />
(NBI) to conduct an investigation on the<br />
ambush-slaying of Balaoan, La Union<br />
Vice Mayor Alfred Concepcion.<br />
The incident came more than a month<br />
after Mayor Alexander Buquing of<br />
Sudipen, La Union, was also killed in<br />
an evening ambush while he was on his<br />
way home.<br />
Concepcion’s daughter, Aleli<br />
Concepcion who is also the<br />
town mayor, was also injured<br />
after the ambush.<br />
Justice Secretary Menardo<br />
Guevarra said he will issue<br />
Arroyo expressed dismay<br />
with the timetable<br />
presented to the<br />
committee.<br />
NBI probes Concepcion slay<br />
the order upon request of the Concepcion<br />
family.<br />
Gunmen fired at the two vehicles<br />
taking the mayor and her father to<br />
the Balaoan Municipal Hallon on the<br />
morning of 14 November.<br />
Aside from the vice mayor, the<br />
gunmen also killed an aide and wounded<br />
six other passengers. Two bystanders<br />
were also hurt.<br />
After the incident, two policemen<br />
were wounded in a gunfight with a<br />
group of armed men in San Juan<br />
town. Authorities believed they have<br />
encountered the same group responsible<br />
for the ambush.<br />
The victims were aboard a Toyota<br />
Innova van and Hyundai Starex<br />
van when they were fired upon<br />
by the armed men.<br />
Atty. Falconi Millar--secretary<br />
general of the Housing and<br />
Urban Development Coordinating<br />
Council (HUDCC)—said among<br />
the problems they encountered<br />
was on the purchasing of land<br />
for the project.<br />
But Millar vowed to finish land<br />
acquisition within the month and<br />
the development will immediately<br />
follow until May.<br />
But Arroyo expressed dismay<br />
with the timetable presented to<br />
the committee.<br />
“We already have temporary<br />
shelters and yet the public,<br />
many are not yet satisfied. So, I<br />
gauge that they want to see the<br />
permanent housing (projects),”<br />
Arroyo stressed.<br />
The incident came more than a<br />
month after Mayor Alexander Buquing<br />
of Sudipen, La Union, was also killed<br />
in an evening ambush while he was on<br />
his way home.<br />
Forensic investigators now have<br />
leads of the vehicle abandoned by the<br />
gunmen in San Juan. Two bullets from a<br />
.45-caliber pistol and two bullet casings<br />
from a 9-millimeter handgun were also<br />
recovered.<br />
Gunmen fired at the two vehicles<br />
taking the mayor and her father to<br />
the Balaoan Municipal Hallon on the<br />
morning of 14 November.<br />
Police also found bloodstains and<br />
samples of human tissue from the<br />
vehicle.<br />
Roque: ‘I need to<br />
be like Miriam’<br />
By Elmer N. Manuel<br />
Senatorial aspirant Harry<br />
Roque on Monday said his<br />
chances at winning will rely on<br />
his ability to be known for his<br />
intellectual capability, courage<br />
and principles, likening himself<br />
with the late Senator Miriam<br />
Defensor Santiago.<br />
The only chance that I have<br />
is to follow the footsteps<br />
of Senator Miriam<br />
Defensor-Santiago.<br />
Roque, who served as a<br />
Presidential spokesman, said<br />
that he has to be like Santiago<br />
for him to win in the senatorial<br />
race in the <strong>20</strong>19 polls<br />
“Now that the odds are against<br />
me in the sense that there are<br />
so many reelectionists and<br />
comebacking senators, I think<br />
the only chance that I have is to<br />
follow the footsteps of Senator<br />
Miriam Defensor-Santiago,”<br />
Roque said. “She’s known for<br />
her intellectual capability, her<br />
courage, her principles and these<br />
are exactly the ideals that I want<br />
to be known for as well.”<br />
He said that running under<br />
the banner of People’s Reform<br />
Party (PRP), the late Senator<br />
Santiago’s party, is “the will of<br />
God,” because his chance to<br />
win is to “shine like Senator<br />
Miriam.”<br />
“Actually, I thought it was<br />
the will of God. If I’m going<br />
to win, my chance really is<br />
to shine just like Senator<br />
Santiago did because as I<br />
said you have to be somehow<br />
different from everyone<br />
else,” Roque said.<br />
The former Presidential<br />
spokesman earlier planned<br />
to run as a partylist<br />
representative.<br />
Roque said that he would<br />
not have accepted the role<br />
of Palace spokesman if he<br />
believed President Rodrigo<br />
Duterte was a human rights<br />
violator.<br />
“I still don’t believe he is,”<br />
said Roque. “I also believe that<br />
the case against Duterte at the<br />
International Criminal Court<br />
(ICC) won’t move.”<br />
“No one can tell me I<br />
turned my back on human<br />
rights because the laws I<br />
passed protecting and<br />
upholding human rights are<br />
proof to the contrary. I used<br />
the system itself to push for<br />
what I believed in,” he added.<br />
The former Presidential<br />
spokesman earlier planned<br />
to run as a partylist<br />
representative.<br />
Asked about the<br />
government’s war against<br />
drugs, Roque said that he still<br />
believes in the legitimacy of<br />
the campaign, noting that it is<br />
an inherent sovereign function<br />
to protect the youth.<br />
“Of course, it will be<br />
bloody because the pushers<br />
have guns. What I’m<br />
telling the human rights<br />
community is shut up, go<br />
beyond blabbering, gather<br />
the evidence you have and<br />
file the cases in court,”<br />
said Roque. “The system<br />
will not work unless<br />
you do that.<br />
ANCIENT pagodas at Shan State, Myanmar attract tourists like this group.<br />
AP
COMMENTARY<br />
4 Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
Daily<br />
Tribune<br />
WITHOUT FEAR • WITHOUT FAVOR<br />
Savor golden age<br />
“Rody has<br />
a good grasp<br />
of the Asian<br />
decorum which<br />
to the Chinese<br />
is expressed in<br />
the principle of<br />
Guanxi.<br />
Ninez Cacho-Olivares<br />
Crispin G. Martinez<br />
Chito Lozada<br />
Dinah Ventura<br />
Aldrin Cardona<br />
John Henry Dodson<br />
Jun Vallecera<br />
Jaimes R. C. Sumbilon<br />
Larry Payawal<br />
Komfie Manalo<br />
The visit of President Xi Jinping would be an<br />
opportunity to assess the benefits from the past two<br />
years when the government took the radical shift from<br />
hostile relations under yellow President Noynoy Aquino<br />
to deep friendship between the Philippines and China<br />
under President Rody Duterte.<br />
China declared that its relations with the<br />
Philippines have reached a golden age, an era<br />
that would be highlighted by Xi’s visit.<br />
The relations between both<br />
neighbors soured mainly as a result<br />
of the obstinate refusal of Noynoy<br />
to subject the maritime conflict<br />
to bilateral negotiations<br />
and instead followed the<br />
American game plan of a<br />
multilateral arbitration<br />
that China had rejected.<br />
Rody has a good grasp<br />
of the Asian decorum<br />
which to the Chinese<br />
is expressed in the<br />
principle of Guanxi or a<br />
relationship bonded by<br />
mutual trust and respect.<br />
The Western-influenced path that<br />
Noynoy took of forcing nations to submit<br />
to a higher power was never applicable to<br />
China, much more in forcing the Chinese to<br />
submit to a decision which it had no part in.<br />
Rody changed all that by the simple act of<br />
observing mutual respect.<br />
Xi described Rody’s friendly engagement with<br />
China as “a rainbow after the rain.”<br />
“In just a little more than two years, China has<br />
become the Philippines’ largest trading partner,<br />
largest export market and largest source of<br />
imports and the second largest source of<br />
tourists,” Xi said.<br />
The golden age of Philippine-China ties<br />
created a third growth driver for the economy<br />
that is tourism after the remittances from<br />
overseas Filipino workers and the business process<br />
outsourcing industry.<br />
Chinese tourists to the Philippines in the first<br />
three quarters of <strong>20</strong>18 have exceeded the full-year<br />
total in <strong>20</strong>17, reaching over 972,000.<br />
The numbers were far lower before at 490,000 in<br />
<strong>20</strong>15 and 675,000 in <strong>20</strong>16.<br />
Trade volume between China and the Philippines<br />
in <strong>20</strong>17 topped $50 billion compared to $17.6 billion in<br />
<strong>20</strong>15, which was the last full year of Noynoy.<br />
Exports to China also grew by 10.5 percent to $19.2<br />
billion in <strong>20</strong>17.<br />
Rody reciprocated by saying that the relations<br />
between both countries are similar to a flower in full<br />
bloom.<br />
China and the Philippines have taken their<br />
partnership into a deeper level by contributing to<br />
regional stability in the campaign against narcotics,<br />
terrorism and cybercrimes.<br />
Duterte noted that China<br />
“Xi’s visit<br />
would be<br />
one of the<br />
crowning glories<br />
of Rody’s<br />
independent<br />
foreign policy.<br />
Patricia Ramos<br />
Board Chair<br />
Willie Fernandez<br />
Publisher and President<br />
Founding Chair<br />
Executive Editor<br />
Managing Editor<br />
Associate Editors<br />
Business Editor<br />
Central Desk<br />
Special Reports<br />
helped the Philippines deal with<br />
terrorists without asking for any<br />
favor, adding China gave help and<br />
support wholeheartedly with no<br />
strings attached apparently in a<br />
jab against the United States and<br />
the European Union that require<br />
recipients of their aid to submit to<br />
Western standards.<br />
Also, in a reversal of roles in<br />
the global economy, China is now encouraging the<br />
US to open up as US President Donald Trump adopts<br />
increasingly restrictive protectionist policies.<br />
China had advised the US to be guided by “market<br />
forces and business rules” saying that no winner will<br />
emerge from a trade war that threatens to erupt<br />
between the Beijing and Washington.<br />
In contrast, Rody said that China is opening its<br />
economy to as much export products that the country<br />
can muster.<br />
Rody, who professed to not know demand from<br />
supply in the field of economics, had the prescience<br />
in seeing the country as being better off with China<br />
than the US when he took over the reins of government<br />
at a time when Noynoy’s master Barack Obama was<br />
still in power.<br />
Thus far, Rody’s global instinct on what would<br />
benefit Filipinos most remains impeccable.<br />
Xi’s visit would be one of the crowning glories<br />
of Rody’s independent foreign policy that stresses<br />
friendship to all nations and not just its colonial<br />
masters.<br />
“For Leni<br />
to say that<br />
only the rich<br />
get justice is<br />
yet another<br />
effort of<br />
her and<br />
her yellows<br />
to identify<br />
themselves<br />
as being<br />
one with<br />
the poor<br />
masses.<br />
“If justice<br />
grinds<br />
slowly<br />
in her<br />
cases, it<br />
is because<br />
of her<br />
delaying<br />
tactics.<br />
Faking a bleeding heart for the poor<br />
The nation has<br />
moved on, but not<br />
the yellows and<br />
the anti-Marcos<br />
groups that use<br />
every opportunity to<br />
make anything and<br />
everything Marcos<br />
an issue, which is<br />
probably why they<br />
refuse to move on<br />
even as the nation<br />
has moved on.<br />
Leni Robredo has<br />
been using the Imelda Marcos bail<br />
issue to gain more publicity for her.<br />
She has been at it since the court<br />
granted Marcos her temporary<br />
liberty after having been convicted<br />
by the same court.<br />
Robredo, who is a lawyer, should<br />
know better than to claim that the<br />
granting of bail to Imelda, who was<br />
pronounced guilty by the court on<br />
several counts of graft, only boosted<br />
the public perception that only the<br />
rich and powerful get justice.<br />
FRONTLINE<br />
Ninez Cacho-Olivares<br />
Inhibition is a<br />
funny word. While<br />
etymologically sharing<br />
the same basic DNA,<br />
the word has more<br />
than two definitions<br />
used in totally<br />
different contexts.<br />
Thus, its two meanings<br />
are hardly applied in<br />
the same sentence.<br />
At least not until<br />
Liberal Party (LP) Sen.<br />
Leila de Lima, the<br />
former Secretary of Justice under<br />
the administration of Benigno<br />
Aquino III, stepped into the glaring<br />
limelight and there soaked up all<br />
the attention she enjoyed in a very<br />
bizarre sense.<br />
Never mind that, through her<br />
series of legal inhibitions sought in<br />
her criminal cases and what might<br />
be considered as a lack of personal<br />
inhibition in another case, focus on<br />
her has eventually deteriorated to<br />
denigration, derision and disgrace.<br />
Her life choices have been<br />
unusual and controversial to say<br />
the least, but then to each his or<br />
her own. There is no accounting for<br />
taste nor the absence of inhibitions<br />
in her private life — until those<br />
impact negatively on the public<br />
welfare and our own lives are<br />
threatened, as it had been when a<br />
deadly drug menace reigned under<br />
the Aquino administration.<br />
Then, the question of inhibitions<br />
in the case of Aquino’s former<br />
Justice secretary enters the public<br />
debate and becomes relevant. The<br />
<strong>20</strong>16 mandate and the electorate’s<br />
simultaneous rejection of De Lima’s<br />
party standard bearer, as well<br />
as the continuing affirmation<br />
of the Duterte government’s<br />
agenda evidenced by approval and<br />
satisfaction ratings, attest to that.<br />
Let us tackle inhibition<br />
BYSTANDER<br />
Dean de la Paz<br />
That is hardly fair,<br />
considering the fact<br />
that under the law,<br />
no matter what crime<br />
the person accused is<br />
suspected of having<br />
committed, major or<br />
minor, bail is allowed to<br />
be granted, depending<br />
on the court’s<br />
discretion. Graft is a<br />
bailable offense. Even<br />
in plunder cases, bail<br />
can be availed of if the<br />
evidence is weak.<br />
Leni should know that even an<br />
accused convicted in lower courts<br />
is deemed innocent until final<br />
judgment from the highest court<br />
in the land.<br />
Rich or poor, every accused can<br />
seek bail. As a matter of fact, courts,<br />
even before trial begins, inform the<br />
accused of his bail when the crime<br />
is a bailable offense.<br />
Bail is not a matter of only the<br />
rich availing of it. Sure, they have<br />
the money and can easily post bail,<br />
while the poor can’t, mainly because<br />
the poor have no money for them to<br />
post bail.<br />
But the law applies to<br />
both the rich and the<br />
poor and the economic<br />
disparity between<br />
the rich and the<br />
poor is not due<br />
to only the<br />
rich getting<br />
justice as<br />
Leni puts it.<br />
B u t<br />
what Leni<br />
should<br />
work for,<br />
if she<br />
is truly<br />
sincere<br />
in ensuring that the accused<br />
who are poor are given justice,<br />
then she should organize<br />
groups that can get the judges<br />
to ensure when the poor, who are<br />
incidentally given free legal service,<br />
are sentenced, outside of the usual<br />
serious crimes as murder, for the<br />
courts to suspend sentence. This<br />
way, they are spared of both paying<br />
bail, which they can hardly afford<br />
and immediately obtain freedom<br />
under probation, if that is what the<br />
judge will grant the accused.<br />
The reason many of the poor<br />
accused suffer in jail for years<br />
on end is that despite bail that<br />
is on offer by the court, being<br />
poor, they can’t afford a bail of even<br />
P5,000, much more P10,000.<br />
But for Leni to say that only the<br />
rich get justice is yet another effort<br />
of her and her yellows to identify<br />
themselves as being one with the<br />
De Lima’s inhibitions<br />
where it is defined<br />
as an imposition of<br />
a restraint upon<br />
prospective behavior<br />
in judicial processes.<br />
This is especially<br />
relevant where De Lima<br />
is accused of several<br />
counts involving illegal<br />
drugs, the centerpiece<br />
advocacy of the current<br />
administration for<br />
which it was not only<br />
elected into office, but<br />
was the principal charge vested<br />
by the sovereign electorate on the<br />
administration.<br />
Where society has been so<br />
brutally victimized by a deadly<br />
drug menace that spills over<br />
from being a mere health<br />
problem to a deadly catalyst for<br />
violent, heinous and gruesome<br />
crimes inflicted on innocent<br />
families, the charge vested upon<br />
Rodrigo Duterte cannot be underemphasized.<br />
More so when under Aquino<br />
perhaps the largest drug laboratory<br />
was brazenly built in his personal<br />
political bailiwick under the noses<br />
of the police who report to a<br />
Cabinet secretary Aquino would<br />
eventually choose as his successor.<br />
While drug manufacturing<br />
and production were allowed by<br />
Aquino’s bureaucracy to operate<br />
by ineptitude and indifference,<br />
marketing and distribution were<br />
different stories altogether.<br />
We now know that illegal<br />
drugs under Aquino were being<br />
traded from inside the national<br />
penitentiary, a community of<br />
criminals technically under the<br />
Justice department, also then<br />
controlled by a LP factotum<br />
Aquino hand-picked as a senatorial<br />
candidate.<br />
A virtual and powerful triad<br />
poor masses.<br />
This problem of city jails and<br />
even national penitentiaries being<br />
congested with an overload of<br />
prisoners, mainly due to their<br />
inability to afford bail, has been<br />
going on for decades — including<br />
during the yellow reign’s time in<br />
power and position.<br />
Leni was already<br />
“Robredo<br />
and her<br />
allies<br />
have not<br />
denounced<br />
the rich<br />
yellow<br />
crooks who<br />
have gotten<br />
away with<br />
their crimes.<br />
a congresswoman<br />
and her husband the<br />
late Jesse Robredo<br />
was the Interior<br />
secretary. If her<br />
heart really bleeds<br />
for the poor who<br />
continue to rot in<br />
jail for many years<br />
and mainly due to<br />
their inability to<br />
raise bail money,<br />
why then did she<br />
not come up with a legislative<br />
measure to get judges to do away<br />
with having the poor cough up<br />
bail money, as well as coming<br />
up with a measure that calls for<br />
judges to suspend sentence, despite<br />
the conviction — at least on the<br />
accused’s first offense? Why didn’t<br />
she push her husband, then, to seek<br />
reforms for the poor to be spared of<br />
bail and prison through a suspended<br />
sentence?<br />
Why did she not and still does<br />
not, organize a group that would<br />
accept donations to provide the poor<br />
among the accused and convicted in<br />
jail of bail money, if Leni’s show of a<br />
bleeding heart for the poor is real?<br />
It isn’t real, of course as she<br />
never bothered about this when<br />
her husband was in position and<br />
even she, as a member of Congress,<br />
had every opportunity to introduce<br />
reforms in the justice system?<br />
In all probability, it is because<br />
they didn’t really care then, as their<br />
yellow president didn’t care either,<br />
despite the fact that he was getting<br />
his political foes framed and charged,<br />
arrested and detained, without bail,<br />
while his yellow allies were protected<br />
from being charged for plunder<br />
without bail. Did anybody hear these<br />
yellows and yes, Leni, fighting for<br />
their foes’ right to bail? Heck, no.<br />
They reveled in the hope that their<br />
political foes would never be granted<br />
bail and rot in jail, so they won’t be<br />
a political threat to the yellows’ plan<br />
for perpetual power.<br />
To this day, officials in the yellow<br />
regime, headed by its president,<br />
have gotten away with their crimes<br />
and Robredo and her allies have<br />
not denounced the rich yellow<br />
crooks who have gotten away with<br />
their crimes committed against the<br />
Filipino people.<br />
No wonder Leni and her yellows’<br />
credibility is shot.<br />
comprised of Aquino plus his<br />
two chosen Cabinet secretaries<br />
should have rid us of the drug<br />
menace. Instead, the drug menace<br />
escalated.<br />
Because of the triad’s failure<br />
to control the illegal drug trade<br />
epidemic where millions were<br />
channeled from the national<br />
penitentiary to campaign coffers,<br />
it behooves us to seek a quick<br />
closure to De Lima’s cases.<br />
Likewise, we<br />
would normally<br />
“Illegal<br />
drugs under<br />
Aquino were<br />
being traded<br />
from inside<br />
the national<br />
penitentiary,<br />
a community<br />
of criminals<br />
technically<br />
under the<br />
Justice<br />
department.<br />
assume that De<br />
Lima herself,<br />
accused as she<br />
is of violating<br />
Section 5 of<br />
the Dangerous<br />
Drugs Act, if she<br />
were innocent,<br />
would similarly<br />
want a swift<br />
settlement.<br />
The venue to<br />
vet witnesses<br />
and assess their<br />
credibility is<br />
the courtroom, not the media.<br />
Unfortunately, De Lima has been<br />
constantly prosecuting her case<br />
in extrajudicial fora, including<br />
seeking the inhibition of either<br />
judges or witnesses even before<br />
trials begin — an aberrant<br />
preemptive albeit effective<br />
dilatory ploy given three counts<br />
were slapped against her, each<br />
non-bailable. Fortunately, despite<br />
her labeling her case a “sham,”<br />
the Supreme Court has upheld<br />
the constitutionality of her arrest.<br />
If justice grinds slowly in her<br />
cases, it is because of her delaying<br />
tactics which run contrary to the<br />
desire of both the prosecution<br />
and the public, which seek justice<br />
meted out at the soonest possible<br />
time.<br />
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Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
COMMENTARY<br />
5<br />
“Fostering<br />
friendship<br />
with China<br />
is a wise<br />
choice.<br />
“If Robredo<br />
sincerely<br />
wants to<br />
help promote<br />
our national<br />
interest,<br />
she should<br />
just shut up<br />
on matters<br />
of foreign<br />
policy.<br />
“President<br />
Fidel<br />
Ramos was<br />
criticized for<br />
his expensive<br />
solutions to<br />
the massive<br />
power outage<br />
problem he<br />
inherited<br />
from Mrs.<br />
Aquino.<br />
Thoughts on China and President Xi Jinping’s visit<br />
the reason why I was invited<br />
In October <strong>20</strong>16, when I was<br />
to form part of the delegation<br />
still a member of the House of<br />
during his trip to China in<br />
Representatives, I joined President<br />
<strong>20</strong>16 and part of the reason<br />
Rodrigo Duterte on his state visit<br />
why I was personally asked to<br />
to China as part of his official<br />
become his spokesman.<br />
delegation. For me, the purpose<br />
However, let me clarify that<br />
of the trip was clear: President<br />
in pursuing an independent<br />
Duterte wanted to pursue an<br />
foreign policy and befriending<br />
independent foreign policy and he<br />
states other than our<br />
wanted to foster closer ties with<br />
traditional allies, we maintain<br />
China. I think it is very clear from<br />
BRIEFING ROOM<br />
our sovereignty. Choosing our<br />
the President’s pronouncements Harry Roque<br />
friends is an exercise of that<br />
that he wants to be closest to China among all sovereignty.<br />
the countries with which we have diplomatic While it may make certain sectors<br />
ties. He has repeatedly expressed his admiration uncomfortable to acknowledge it, fostering<br />
for Chinese President Xi Jinping, who is friendship with China is a wise choice. We<br />
scheduled to visit the Philippines starting today. cannot ignore that China today is an economic<br />
Even before I became his spokesman and giant, arguably the world’s most dominant<br />
even now that I no longer speak for him, I economy. There are clear economic benefits to<br />
support the President’s position in pursuing an positive ties between our states. To illustrate:<br />
independent foreign policy. I believe this was we received over $25 billion worth of foreign<br />
Vice President Leni Robredo tried to get cute again, but fell<br />
flat on her face instead.<br />
In a radio interview, Robredo said the Duterte administration<br />
should stand firm behind the Philippines’ claim in the West<br />
Philippine Sea (WPS) because the country’s sovereignty is<br />
at stake.<br />
Robredo made the comment in reaction to<br />
Duterte’s statement during the Association of<br />
Southeast Asian Nations (ASEAN) in Singapore<br />
that China is “already in possession” of the<br />
disputed sea.<br />
She parroted the yellow line that the Philippines<br />
should be more assertive in its stance in the WPS<br />
territorial dispute by invoking the <strong>20</strong>16 decision of the<br />
Permanent Court of Arbitration against China’s nine-dash<br />
line claim.<br />
Like a programmed<br />
automaton, Robredo<br />
disgorged the clichéd and<br />
equally malicious charge<br />
that the administration has<br />
given up on our claims to<br />
the WPS territories, saying<br />
this would deprive a lot of<br />
our citizens their means of<br />
livelihood.<br />
Worse, she lamented<br />
the country would lose the<br />
opportunity to benefit from<br />
the rich resources in the<br />
area, which may include vast<br />
oil and mineral deposits.<br />
Either Robredo was<br />
not paying attention to<br />
State affairs or just too<br />
preoccupied with her own<br />
because, had she bothered<br />
to get a full briefing on the<br />
ASEAN Summit, she would<br />
not be blabbering idiotic<br />
comments on a delicate<br />
diplomatic situation with<br />
immense implications.<br />
If she carefully read the<br />
reports and not just the<br />
headlines, she would have<br />
realized that the real import<br />
of Duterte’s statement is<br />
simple and wise: nobody<br />
should do anything that<br />
could ignite war in WPS.<br />
Here’s the report on<br />
Duterte’s ASEAN statement:<br />
“He reiterated that China<br />
is effectively in control of<br />
some of the features in the<br />
strategic waterway as he<br />
warned of a potential ‘bad<br />
miscalculation’ as a result of<br />
‘friction’ between China and<br />
other nations with interests<br />
in the South China Sea.”<br />
It’s been 80 years since<br />
the Filipinos headed their<br />
own government under the<br />
Commonwealth of the Philippines.<br />
Through those decades, corruption<br />
and abuse of privileges were endemic<br />
in many high places in government.<br />
Commonwealth President Manuel<br />
Luis Quezon spent public funds to<br />
favor his political allies. He hosted<br />
lavish parties either at Malacañang,<br />
or at the plush Manila Hotel, or on<br />
board the presidential yacht.<br />
For the record, Quezon City<br />
was created by the national legislature during<br />
Quezon’s incumbency as president. Quezon<br />
himself signed the law creating the city named<br />
in his honor.<br />
The last time something like that happened was<br />
about four years ago when the University of the<br />
Philippines College of Business Administration<br />
was renamed the Cesar E. A. Virata School of<br />
Business. Virata, who is still alive today, was both<br />
Prime Minister and Finance Minister of President<br />
Ferdinand Marcos. A clause in an existing law<br />
allows the renaming.<br />
President Elpidio Quirino’s administration<br />
was haunted by charges of corruption, including<br />
the acquisition of a costly P5,000 four-poster<br />
bed and a golden chamber pot. Quirino’s critics<br />
estimated kickbacks in government contracts<br />
at 10 percent.<br />
Diosdado Macapagal, the fifth president of<br />
the Republic, had his share of accusations. His<br />
term was stalked by the controversy created<br />
by the infamous Harry Stonehill, an American<br />
Corruption in past administrations<br />
businessman who dominated<br />
the news stories of that period.<br />
Stonehill controlled many<br />
industries in the Philippines.<br />
When it was suspected that<br />
Stonehill had many highranking<br />
government officials in<br />
his private payroll, Macapagal<br />
ordered his Justice secretary to<br />
investigate Stonehill.<br />
In 1963, after the<br />
investigation threatened to<br />
link Macapagal to the Stonehill<br />
payroll, Macapagal ordered the<br />
deportation of Stonehill. Macapagal’s Justice<br />
secretary resigned in protest and joined the<br />
opposition Nacionalista Party.<br />
The administration of President Ferdinand<br />
Marcos was mired with charges of graft and<br />
corruption. Those accusations are embodied<br />
in documentation made public after Marcos<br />
voluntarily relinquished power in February 1986.<br />
Marcos’ demise in 1989 pre-empted any<br />
possible criminal prosecution against him. Cases<br />
resolved against Marcos were pursued ex parte<br />
or without his participation.<br />
His widow, incumbent Ilocos Norte Rep.<br />
Imelda Romualdez Marcos, was recently<br />
convicted of graft by the Sandiganbayan. Her<br />
lawyers intend to appeal her conviction.<br />
President Corazon Cojuangco Aquino’s<br />
administration was likewise stalked by charges<br />
of corruption. The news media back then<br />
reported widespread anomalies which they<br />
attributed to Aquino’s relatives. They also coined<br />
the term Kamag-anak Inc. to highlight the extent<br />
THE SCRUTINIZER<br />
Victor Avecilla<br />
investment pledges from China in <strong>20</strong>16 alone,<br />
upon the Duterte administration’s efforts to<br />
normalize relations with China. Clearly, the<br />
strained ties between the Philippines and China<br />
in the recent years was a reason for Chinese<br />
investors to shy away from the Philippines.<br />
Admittedly, tensions<br />
between our two countries<br />
“I hope that<br />
this growing<br />
closeness will<br />
soon present<br />
us with an<br />
opportunity<br />
to bring up<br />
the WPS<br />
without China<br />
leaving the<br />
table.<br />
exist over portions of the<br />
West Philippine Sea (WPS).<br />
The Philippines filed a case<br />
hoping that a ruling would<br />
bring an end to the dispute.<br />
As a former professor of<br />
Public International Law, I<br />
was gratified by the findings<br />
of the Permanent Court of<br />
Arbitration because, to my<br />
mind, the law is very clear:<br />
there is absolutely no basis<br />
for the nine-dash line.<br />
Nonetheless, the heart of the problem is<br />
Cleaning up the yellow mess<br />
Duterte had warned: “One day a bad miscalculation could<br />
turn things – Murphy’s Law. If anything can go wrong, it will<br />
go wrong.”<br />
That is precisely the reason President Duterte backed moves<br />
for full and effective implementation<br />
of the Declaration on the<br />
Conduct of Parties in the<br />
WPS and the expeditious<br />
conclusion of an<br />
effective Code of<br />
Conduct.<br />
of the problem.<br />
Mrs. Aquino’s most glaring controversy was<br />
when she virtually exempted the Cojuangco<br />
family-owned Hacienda Luisita in Tarlac from<br />
the coverage of the Comprehensive Agrarian<br />
Reform Law.<br />
For his part, President Fidel<br />
Ramos was criticized for his<br />
“The<br />
alleged<br />
corruption<br />
under the<br />
Marcos<br />
regime is<br />
nothing in<br />
comparison<br />
with the<br />
anomalies<br />
under Aquino<br />
III.<br />
expensive solutions to the<br />
massive power outage problem<br />
he inherited from Mrs. Aquino.<br />
His decision to get power<br />
barges and to commit payment<br />
for unconsumed electricity<br />
was decried because it made<br />
electricity very expensive in<br />
the country.<br />
Many retired military<br />
officers were given key posts in<br />
the Ramos government. Ramos,<br />
after all, was a soldier before<br />
he joined the civilian government under Mrs.<br />
Aquino. Ironically, the bulk of Fort Bonifacio, a<br />
military reservation which Marcos did not touch,<br />
was sold off during Ramos’ term.<br />
Plunder charges were lodged against<br />
President Joseph Estrada during his time. He is<br />
the first Philippine president to be tried by the<br />
Senate as an impeachment court. The Estrada<br />
camp asserts that there was no deficit spending<br />
during the Estrada administration.<br />
President Gloria Macapagal-Arroyo’s<br />
term was rocked by controversies. She was<br />
installed president by what appears to be<br />
the manipulation of then Supreme Court<br />
Chief Justice Hilario Davide Jr. The ZTE<br />
that there is no way to enforce the ruling<br />
without China’s cooperation. Confrontation<br />
has never worked out in our favor, which<br />
leaves us with limited practical options.<br />
I cannot say what the best option<br />
is — not in the long run. But I do know<br />
for certain that we gain nothing from<br />
alienating China. We need China at the<br />
negotiating table if we are going to work<br />
out a resolution on the disputed waters that<br />
China will actually abide by.<br />
In the meantime, with President Xi<br />
Jinping’s historic visit to the Philippines,<br />
I hope that the warmer ties that the<br />
President has fostered with China will<br />
continue to bear fruit for our economic<br />
growth. After all, the genuine change we<br />
all hope for is to uplift the lives of every<br />
Filipino. I hope that this growing closeness<br />
will soon present us with an opportunity<br />
to bring up the WPS without China leaving<br />
the table.<br />
Refuting criticisms that Duterte’s love for China policy<br />
is putting the Philippines in greater risk because of its<br />
implications on freedom of navigation in the WPS, Foreign<br />
Affairs Secretary Teodoro Locsin Jr. tweeted: “What about this:<br />
DU’s love China Policy prompted US to commit its full panoply<br />
of power to the Indo-Pacific — stretching from Persian Gulf to<br />
waters lapping the shores of San Diego; something US held<br />
back from saying because its natural economic and trading<br />
partner is China.”<br />
The US Navy’s Indo-Pacific Fleet is reportedly considering<br />
a plan to “carry out a highly focused and concentrated set of<br />
exercises involving US warships, combat aircraft and troops”<br />
across the South China Sea and Taiwan Straits, a move seen<br />
to preserve intact the freedom of navigation in the disputed<br />
waters.<br />
By the way, Robredo should be reminded that President<br />
Benigno “Noynoy” Aquino’s inept handling of the<br />
Scarborough Shoal standoff in <strong>20</strong>12 led<br />
to the rising tension in the WPS.<br />
President<br />
Benigno<br />
“Noynoy”<br />
Aquino’s inept<br />
handling<br />
of the<br />
Scarborough<br />
Shoal standoff<br />
in <strong>20</strong>12 led<br />
to the rising<br />
tension in the<br />
WPS.<br />
“Scarborough<br />
Shoal is widely seen<br />
as the most palpable<br />
erosion of stability<br />
in the South China<br />
Sea since <strong>20</strong>12,” said<br />
the Asia Maritime<br />
Transparency<br />
Initiative (AMTI),<br />
which is under the<br />
Center for Strategic<br />
International Studies.<br />
“The Philippines’<br />
decision to deploy a<br />
warship rather than its coast guard<br />
to seize the Chinese fishermen likely<br />
helped trigger the standoff,” AMTI said.<br />
It was also the consensus of experts<br />
that the Aquino administration’s illadvised<br />
decision to withdraw first from<br />
the shoal gave China the upper hand. To<br />
save face, the previous administration<br />
ran to the arbitration tribunal.<br />
It is now President Duterte who<br />
is cleaning up the mess the yellow<br />
administration created and succeeding at it.<br />
Robredo’s comments woefully<br />
exhibit her utter ignorance and shallow<br />
understanding of foreign relations and<br />
the intricacies of diplomacy.<br />
Her own words vindicate President<br />
Duterte’s aversion for Robredo to<br />
succeed him because she could<br />
jeopardize the country’s national<br />
interest and endanger our national<br />
security with her naïve confrontational<br />
stance that history has proven would<br />
not work unless backed by sufficient<br />
force.<br />
If Robredo sincerely wants to help<br />
promote our national interest, she<br />
should just shut up on matters of<br />
foreign policy. It would do us a lot good.<br />
telecommunications anomaly plagued her<br />
term as well. In the “Hello Garci” scandal,<br />
it was learned that Arroyo tried to influence<br />
an election commissioner to protect her votes<br />
in the <strong>20</strong>04 presidential polls. Arroyo had to<br />
make a public apology on television for that<br />
scandal.<br />
When Arroyo was charged and tried for<br />
plunder, she wore a neck brace to support<br />
her request to seek needed medical treatment<br />
abroad. Her request was denied. After the cases<br />
against her were dismissed, her neck brace was<br />
gone. She remained strong enough to seize the<br />
speakership of the House of Representatives<br />
from Pantaleon Alvarez earlier this year.<br />
President Benigno Aquino III of the Liberal<br />
Party takes the cake. His administration bought<br />
defective trains for the metropolis, acquired<br />
defective helicopters for the Armed Forces<br />
and allowed 44 Filipino police operatives to be<br />
massacred in Mamasapano in Maguindanao.<br />
Aquino’s underlings likewise embezzled more<br />
than P186 billion of the Malampaya gas fund<br />
and misused the pork barrel fund. Indeed, the<br />
alleged corruption under the Marcos regime<br />
is nothing in comparison with the anomalies<br />
under Aquino III.<br />
President Rodrigo Duterte, who is nearing<br />
his midterm in office, has not been associated<br />
with any corruption. His management style<br />
may be authoritarian, but he does not tolerate<br />
corruption. That explains why Duterte is very<br />
upset about the rampant anomalies in the<br />
Bureau of Customs, so much so that he has<br />
asked the military to help clean up the mess<br />
there.
6 NEWS<br />
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
Foreign policy well defended<br />
From page 1<br />
presidential spokesman Salvador Panelo<br />
said.<br />
In Singapore, Mr. Duterte called on the<br />
ASEAN and China to practice “restraint” in<br />
dealing with territorial issues involving the<br />
West Philippine Sea (WPS) and vowed for the<br />
sealing of a code of conduct in navigation “at<br />
all costs” within three years – the period the<br />
Philippines sits as the main coordinator in<br />
the ASEAN-China dialogue.<br />
“With the Philippines assuming the<br />
role country coordinator for ASEAN-<br />
China Dialogue Relations, the President<br />
delivered the ASEAN-China Common<br />
Statement,” stated Panelo.<br />
This trip not only benefited our<br />
country today but also its overall<br />
economy in the coming years<br />
As lead coordinator, the President<br />
reaffirmed ASEAN and China’s shared<br />
commitment to the full and effective<br />
implementation of the Declaration on the<br />
Conduct of Parties in the WPS.<br />
“With the President’s undiminished<br />
dedication to our country’s economic<br />
progress and the formidable support he was<br />
able to solicit from the respective leaders of<br />
the APEC Community, we are enthusiastic<br />
to say that this trip not only benefited our<br />
country today but also its overall economy<br />
in the coming years,” Panelo said.<br />
Home again<br />
Mr. Duterte arrived in Davao City on<br />
Sunday after attending the ASEAN Summit<br />
in Singapore and the APEC Economic<br />
Leaders’ Meeting in Papua New Guinea<br />
from 12 to 18 November.<br />
The Chief Executive, throughout the series<br />
of international commitments, continued to<br />
advance the Philippines’ national interests<br />
and prioritized its key positions in the region,<br />
a Palace statement said.<br />
On the sidelines of the ASEAN Summit,<br />
the President met with Singapore Prime<br />
Minister Lee Hsien Loong and congratulated<br />
him for a successful chairmanship of the<br />
meeting.<br />
Both renewed their commitment to<br />
further strengthen bilateral relations<br />
particularly in trade and investment and<br />
in countering transnational crimes that<br />
threaten stability in the region.<br />
In Singapore, Mr. Duterte called<br />
on the ASEAN and China to<br />
practice “restraint” in dealing<br />
with territorial issues involving<br />
the West Philippine Sea.<br />
Preconditions for growth<br />
Mr. Duterte also met with Japanese<br />
Prime Minister Shinzo Abe. Both leaders<br />
renewed the shared commitment to<br />
strengthen bilateral relations.<br />
He likewise had several pull-aside<br />
discussions with ASEAN leaders and dialogue<br />
partners and used the opportunity to renew<br />
friendly and cooperative ties.<br />
In Papua New Guinea,<br />
during the discussion with<br />
the APEC Business Advisory<br />
Council, the President<br />
emphasized that security,<br />
stability and peace and<br />
order are preconditions for<br />
the growth envisioned by<br />
APEC.<br />
In the Economic Leaders’<br />
Meeting, Mr. Duterte<br />
championed micro, small<br />
and medium enterprises<br />
(MSME), calling them<br />
the backbone of many<br />
economies.<br />
While noting that the<br />
digital platform offers<br />
opportunities for growth<br />
in the global economy, the<br />
President drew attention to<br />
the wide digital divide that,<br />
if left unaddressed, could<br />
hinder MSME in developing<br />
nations from becoming<br />
active players.<br />
Rules-based trading<br />
system<br />
He emphasized the need for<br />
greater cooperation together<br />
with other economic leaders to further equip<br />
MSME and educate entrepreneurs to make<br />
them active players and contributors in the<br />
global supply and market chain.<br />
The President also reaffirmed the<br />
importance of a rules-based multilateral<br />
trading system, so that inclusive<br />
sustainable progress and prosperity<br />
could be achieved. He cautioned against<br />
protectionist sentiments and urged<br />
economies to treat each other rightly as<br />
partners rather than competitors.<br />
In his meeting with the Filipino community<br />
in Port Moresby, President Duterte thanked them<br />
for their contributions to<br />
nation-building and<br />
urged the members<br />
of the community<br />
to continue<br />
being the best<br />
representatives<br />
of the Filipino<br />
nation.<br />
From page 1<br />
5 UHC humps stall bicam<br />
said while he really wanted to have<br />
the measure passed immediately, he<br />
would not resort to haste to guarantee<br />
the crafting of the best version of the<br />
proposed law.<br />
“We want to make sure that if<br />
ever we pass the UHC… we will pass<br />
the best version. There is no room to<br />
commit mistakes,” Ejercito added.<br />
Among the sticking points in the<br />
debates on the bill concern the<br />
contribution from members of the<br />
Philippine Health Insurance Corp. or<br />
PhilHealth.<br />
“The Senate, particularly Sen.<br />
Ralph Recto, wanted to give incentives<br />
to the contributing members, so that<br />
they will be motivated to continue<br />
paying,” Ejercito said.<br />
Solidarity clause<br />
The House of Representatives,<br />
on the other hand, is pushing for a<br />
“solidarity” provision wherein all<br />
benefits should be equal<br />
for non-paying and<br />
paying members.<br />
Ejercito said Recto raised the<br />
possibility the collection of PhilHealth<br />
might suffer if such provision is<br />
adopted.<br />
We want to make sure that if<br />
ever we pass the UHC… we will<br />
pass the best version<br />
“The idea is good, but the reality,<br />
says Senator Recto, is that when<br />
contributory members learn that they<br />
will receive equal benefits as the<br />
non-paying ones, meaning whatever<br />
benefits or privileges enjoyed by<br />
paying members will be received by<br />
non-paying, then the collection might<br />
fall,” Ejercito said.<br />
More hearings set<br />
Ejercito said he would not mind<br />
holding two or three more bicameral<br />
conference meetings before passing<br />
the UHC bill, which is designed to<br />
provide free quality health services<br />
to all Filipinos.<br />
“We will have to compromise…<br />
We want to make sure that<br />
PhilHealth will be financially<br />
healthy in the coming years, so<br />
that we can realize this goal of<br />
providing quality health care<br />
for every Filipino,” Ejercito<br />
said.<br />
Mission accomplished With a smile, apparently satisfied with the outcome of his summits swing, President Rodrigo Duterte heads home to Davao<br />
City.<br />
MALACAÑANG PHOTO<br />
3 ‘leftist’ DSWD execs sacked<br />
From page 1<br />
have links with the left.<br />
Executive Secretary Salvador Medialdea<br />
confirmed Mr. Duterte dismissed<br />
Undersecretary for Protective Operations<br />
and Programs Group Mae Ancheta-Templa,<br />
Undersecretary for Promotive Operations<br />
and Programs Group Maria Lourdes Turalde-<br />
Jarabe and Undersecretary for Disaster<br />
Response Management Group Hope Hervilla.<br />
The officials were removed to give<br />
newly appointed Secretary Rolando<br />
Bautista leeway to form his own team.<br />
“We expect the new secretary to bring<br />
his own team to provide better services<br />
to the public,” Medialdea said in a text<br />
message to Malacañang reporters.<br />
No ideological color<br />
Medialdea denied the President’s<br />
decision to fire the three officials was<br />
due to their involvement with left-leaning<br />
organizations.<br />
Jarabe was the former secretary<br />
general of Gabriela Women’s Party while<br />
Hervilla was a former Bayan Muna regional<br />
chairman. Ancheta-Templa, meanwhile,<br />
was a member of the Forum of Women for<br />
Action with Rody Duterte.<br />
“No. (It’s for the) formation of a good<br />
team,” he clarified.<br />
Gone early<br />
The DSWD, in a separate statement<br />
also released yesterday, has announced<br />
that the three undersecretaries had<br />
stepped down since last week.<br />
We expect the new secretary to<br />
bring his own team to provide<br />
better services to the public.<br />
Jarabe and Templa had voluntarily<br />
quit from their posts following orders<br />
from the Palace, while Hervilla vacated<br />
her position after the President accepted<br />
her resignation.<br />
With their termination, the remaining<br />
undersecretaries in the DSWD are<br />
Florita Villar (policy and plans), Camilo<br />
Gudmalin (support programs infrastructure<br />
management) and Luzviminda Ilagan<br />
(legislative liaison affairs and special<br />
presidential directives in Mindanao region).<br />
Duterte’s ex-DSWD chief, Judy<br />
Taguiwalo, a left-leaning former University<br />
of the Philippines professor, failed to get<br />
the nod of the powerful Commission on<br />
Appointments last year.<br />
Budget holiday Low-cost Christmas lanterns sell like hotcakes as buyers look to stretch their peso while also observing the coming festivities.<br />
RAFAEL TABOY<br />
page6_Nov<strong>20</strong>.indd 6<br />
19/11/<strong>20</strong>18 11:04:30 PM
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune NATION<br />
7<br />
MOVE SEEN TO EASE OUT MIDDLEMEN<br />
By Kuhlin Ceslie Gacula<br />
Piñol earmarks P<strong>20</strong>0-M for coconut farmers<br />
In what is seen as the start of a<br />
serious government initiative to<br />
empower and help coconut farmers,<br />
Agriculture Secretary Emmanuel Piñol<br />
has instructed the credit policy office of<br />
his department to set aside P<strong>20</strong>0-M in<br />
loan assistance to the industry workers.<br />
Piñol told the Agricultural Credit<br />
Policy Council (ACPC) to earmark the<br />
amount from the existing loan funds of<br />
the Production Loan Easy Access.<br />
The amount, which will be granted at<br />
an easy six percent interest annually, will<br />
be used as a working capital of various<br />
organized and duly-recognized coconut<br />
farmers groups to buy the copra produce<br />
of their members and sell this directly<br />
to the oil mills.<br />
The move is seen as an attempt to<br />
cut out the traditional “compradors”<br />
or middlemen who serve as the link<br />
between the disorganized coconut<br />
farmers and the copra traders or the<br />
big oil mills owners.<br />
This system which has been going<br />
on for the longest time has relegated<br />
the farmers to poverty while enabling<br />
middlemen to rake huge profits at their<br />
expense.<br />
As a follow through, Piñol said he is also<br />
set to meet with the owners of the coconut<br />
oil mills in the country and ask them to<br />
allow organized coconut farmers funded<br />
by the DA-ACPC to directly deal with them.<br />
“It is an attempt to cut out the<br />
traditional ‘compradors’ who serve<br />
as the link between the disorganized<br />
coconut farmers and the copra traders<br />
or the big oil mills and who in the<br />
process make more money than the<br />
farmers,” he noted.<br />
This system which has been<br />
going on for the longest time<br />
has relegated the farmers<br />
to poverty while enabling<br />
middlemen to rake huge profits<br />
at their expense.<br />
Moreover, he also disclosed that the<br />
Philippine Coconut Authority will also<br />
be directed to source funds so that the<br />
farmers’ groups could be given support<br />
equipment like hauling trucks and<br />
modern drying facilities.<br />
He added that by mid-<strong>20</strong>19, communitylevel<br />
processing facilities to produce<br />
various products like virgin oil, coconut<br />
chips, syrup, sugar and coir, will also<br />
be established in the different coconutproducing<br />
regions of the country to be<br />
owned and operated by the farmers<br />
themselves.<br />
“I thought of these three measures<br />
as the immediate remedies to address<br />
the very low income of coconut farmers<br />
because of the slump in the prices of<br />
copra in the world market,” Piñol stated.<br />
Six months more Heavily -armed soldiers conduct thorough check on passing motorists along a highway<br />
leading to Marawi City.<br />
CO NTRIB UTED PHOTO<br />
Public’s say in SC justice<br />
selection sought<br />
By Alvin Murcia<br />
In its effort to pick the best possible candidate<br />
who would replace the post to be vacated by<br />
retiring Supreme Court Associate Justice Noel<br />
Tijam, the Judicial and Bar Council (JBC) is<br />
urging the public to participate in the selection<br />
process by sending their comments and opinions<br />
against or in favor of any applicant.<br />
The JBC said the public can send its comments<br />
through e-mails or fax until 27 November or by<br />
Tuesday next week.<br />
This developed as the JBC on Monday scheduled<br />
on 5 December the public interview of the six<br />
remaining applicants vying for the position.<br />
Those who will face the JBC panel are Court of<br />
Appeals Associate Justices Ramon Cruz, Eduardo<br />
Peralta, Ricardo Rosario, and Ramon Bato Jr.<br />
They will be joined by Sandiganbayan Presiding<br />
Justice Amparo Cabotaje Tang and Associate<br />
Justice Efren Dela Cruz.<br />
NDRRMC: ‘Samuel’<br />
could ape ‘Urduja’<br />
The National Risk Reduction and Management<br />
Council (NDRRMC) on Monday urged the public<br />
to stay alert and make necessary preparations, as<br />
tropical depression Samuel may unleash rains as<br />
intense as that of Tropical Storm Urduja, which<br />
claimed at least 43 lives in December last year.<br />
Samuel was spotted 660 km east southeast of<br />
Hinatuan, Surigao del Sur at 4 a.m. Monday, packing<br />
maximum sustained winds of 55 kilometers per<br />
hour and 65 kph gusts, said PAGASA.<br />
“If you are advised by your local government<br />
that you need to temporarily evacuate or that<br />
you need to proceed in more secure areas, please<br />
do not hesitate to obey,” NDRRMC spokesperson<br />
Edgar Posadas said. In Agusan Del Norte,<br />
meanwhile, the disaster office mounted a predisaster<br />
risk assessment and sent text messages<br />
to barangay officials on how to prepare for<br />
Samuel’s onslaught. Elmer N. Manuel<br />
The country’s first barge terminal will finally open<br />
on Thursday in Cavite and once fully operational is<br />
expected to help ease the transport of cargo from<br />
international ports in Manila while also freeing<br />
up traffic in the National Capital Region and the<br />
suburban areas.<br />
The Cavite Gateway Terminal (CGT)<br />
in Tanza was built under the ‘Build, Build,<br />
Build’ infrastructure program of the Duterte<br />
administration, through the initiatives of<br />
NEWS BRIEFS<br />
The 14 other applicants to the seat that will<br />
become vacant on 5 January next year when<br />
Tijam will be 70 years old, will no longer undergo<br />
public interview by the JBC panel because their<br />
previous interviews were still valid.<br />
Tijam was the second magistrate appointed<br />
by President Rodrigo Duterte after retired Chief<br />
Justice Teresita Leonardo-De Castro.<br />
The list released earlier by Justice Secretary<br />
Menardo Guevarra indicated there are 13 Court<br />
of Appeals justices who applied for Tijam’s post.<br />
The JBC said the public can send its<br />
comments through e-mails or fax until 27<br />
November or by Tuesday next week.<br />
Included in the list of applicants are Court<br />
Administrator Jose Midas Marquez, De La Salle<br />
University College of Law Vice Dean Rita Linda<br />
Jimeno and former Ateneo Law School Dean<br />
Cesar Villanueva.<br />
7 young sex<br />
workers rescued<br />
Seven minors who were being forced to<br />
work as prostitutes were rescued by the<br />
police during an anti-white slavery operation<br />
Sunday night in Brgy. Lagao, General Santos<br />
City.<br />
The victims’ pimp and handler identified as<br />
Bernie Gapang alias ‘Brix’ was nabbed during<br />
the operation. He however denied the charges<br />
against him claiming that he was merely helping<br />
the victims earn money.<br />
Galang was arrested after he reportedly<br />
offered the girls using his social media<br />
account to an undercover operative who<br />
pretended to be looking for young girls as<br />
sex partners.<br />
He was collared after bringing the girls in a<br />
local inn where he presented the victims to his<br />
would-be ‘customer’ only to find out that he was<br />
dealing with a cop. Francis Eart Cueto<br />
Country’s first barge<br />
terminal opens this week<br />
Transportation Secretary Arthur Tugade in<br />
collaboration with the International Container<br />
Terminal Services, Inc. (ICTSI).<br />
Considered the first barge terminal of its kind<br />
in the Philippines, the project will have 550 ground<br />
slots for containers. It will accommodate barges<br />
with an estimated two to three hours of ferry time,<br />
with initial multiple pick-up locations.<br />
Harbor Star, the barge operator for the CGT, will<br />
deploy 150 TEU barges.<br />
BR<br />
ML extension<br />
calls snowball<br />
The martial law in Mindanao was twice extended already and the current one<br />
is set to expire in 31 December unless reconsidered by Congress<br />
By Perseus Echeminada & Hananeel Bordey<br />
Calls for the extension of martial law in Mindanao<br />
continued to gather momentum after various groups<br />
and sectors including top political leaders and<br />
personalities in the region expressed their support<br />
to the initiative.<br />
To recall, President Rodrigo Duterte placed the<br />
whole of Mindanao under martial law on May 23,<br />
<strong>20</strong>17, several days after terrorists with links to the<br />
Islamic State led by the Maute brothers, raided and<br />
held the whole of Marawi City captive for several<br />
months.<br />
The martial law in Mindanao was already twice<br />
extended and the current one is set to expire in 31<br />
December unless reconsidered by Congress.<br />
This developed as former Senator Aquilino<br />
‘Nene’ Pimentel II said he supports the extension<br />
of martial law in Mindanao because its declaration<br />
has foiled the plan of the ISIS to set up a caliphate<br />
in the region.<br />
“It has deterred the plan of ISIS to establish its<br />
foothold in Mindanao “ the former senator told the<br />
Daily Tribune.<br />
Structures of the Constitution<br />
He elaborated that that the martial law declared<br />
by the late former President Ferdinand Marcos in<br />
1972 was vastly different from the current one.<br />
“ As far as I know the implementation of martial<br />
rule in Mindanao has followed the structures of the<br />
Constitution and laws” he added.<br />
For his part, Cagayan de Oro City Mayor Oscar<br />
Moreno told the Daily Tribune that the continuing<br />
skirmishes between government troops and armed<br />
groups in remote areas of the region, is a clear<br />
signal that terrorism remains a major concern in<br />
Mindanao.<br />
“ It’s the constitutional mandate of President<br />
Duterte to ensure the safety of the people against<br />
terror attacks in Mindanao” he said.<br />
Resolution filed<br />
Over at the House of Representatives, Iligan<br />
City Rep. Frederick Siao on Monday filed House<br />
Resolution 2302 calling for six months extension<br />
of martial law in Mindanao.<br />
In the resolution, Siao urged President Duterte to<br />
extend it from 1 January to 30 June <strong>20</strong>19 to maintain<br />
the peace and order in Mindanao and to protect the<br />
lives and property of the people.<br />
Siao said that he filed this resolution due to<br />
“initial reports of terrorist plots” and there is a”<br />
need to secure <strong>20</strong>19 elections”.<br />
Twisted objectives<br />
He cited the “sporadic incidents of violence” as a<br />
reason for the extension mentioning the Lanao del<br />
Sur ambush where five Philippine Drug Enforcement<br />
Agency agents were killed.<br />
“The ISIS, their collaborators among lawless<br />
armed groups, and the illegal drugs networks<br />
operating in Mindanao want to sow terror in pursuit<br />
of their twisted objectives” he explained.<br />
Earlier, several leaders of the House of<br />
Representatives also rallied behind the possible<br />
martial extension, even as they cited the need for<br />
military and national security officials to apprise<br />
Congress of the real situation on the ground.<br />
Threat of violence<br />
Deputy Speaker and Capiz Rep. Fredenil Castro<br />
and Surigao del Norte Rep. Robert Ace Barbers<br />
expressed support to extend martial law beyond<br />
December 31, <strong>20</strong>18, to ensure peace and security<br />
in the region.<br />
Castro said he supports the possible martial law<br />
extension because the threat of violence and terrorism,<br />
has doubled due to the forthcoming <strong>20</strong>19 elections.<br />
For his part, Barbers said he will support the<br />
extension (of martial law) if only to maintain peace<br />
in the island.”<br />
Camarines Sur Rep. Luis Raymund Villafuerte<br />
likewise expressed readiness to support calls to<br />
extend martial law.<br />
Still in Cagayan de Oro City, a political leader<br />
who requested anonymity said their group is<br />
preparing a manifesto of support for the extension<br />
of martial law which will be submitted to President<br />
Duterte.<br />
Their group will also hold rallies to dramatize<br />
support for the shift of government from presidential<br />
to federal system and the creation of a federal state<br />
of MINSULA.<br />
“Martial law has helped us live in peace because<br />
armed groups are forced to hide in the mountains and<br />
are isolated because of the presence of government<br />
soldiers and the police” he said.<br />
The DAILY TRIBUNE,<br />
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To aid section editors in fixing grammatical, punctuation and spelling errors;<br />
ensure articles are written in accordance with the style guide; COPY EDITORS<br />
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CLERKS<br />
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8<br />
METRO<br />
John Henry Dodson, Editor<br />
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
Trucking protest<br />
effect minimal<br />
By Elmer N. Manuel<br />
The Philippine Chamber of Commerce<br />
and Industry (PCCI) yesterday assured the<br />
public that the six-day truck holiday will<br />
have minimal effect on the economy if major<br />
trucking groups will refuse to join the protest<br />
action.<br />
“I understand that the companies which<br />
joined the protest are just small, independent<br />
groups, so they can be covered by the CTAP<br />
and ACTOO,” PCCI honorary chairman Sergio<br />
Ortiz-Luis Jr. said.<br />
Big hauling groups not joining six-day<br />
holiday.<br />
CTAP stands for Confederation of Truckers<br />
Association of the Philippines Inc. while<br />
ACTOO refers to the Alliance of Concerned<br />
Truck Owners and Organizations.<br />
Both trucking groups have issued<br />
statements they would not participate in the<br />
protest move, Ortiz-Luis, who is also acting<br />
president of the Employers Confederation of<br />
the Philippines, said.<br />
Ortiz-Luis said participation by big trucking<br />
By Gladys Mae Ablon<br />
Transport network vehicle services<br />
(TNVS) provider Grab yesterday said it has<br />
deactivated from its online platform the<br />
account of the driver who was arrested<br />
Sunday for allegedly selling drugs.<br />
The driver, identified as Kristofer Jay<br />
Gavino, reportedly swallowed suspected<br />
sachets of shabu when confronted by<br />
policemen. However, he was unable to swallow<br />
By Raymart T. Lolo<br />
The Bureau of Immigration (BI) yesterday<br />
blacklisted two South Korean fugitives arrested<br />
recently for cyber fraud. The suspects undergoing<br />
deportation proceedings were identified as Jang<br />
Kilwan, 36, and Lee Junhee, 28.<br />
“We will ban them from the Philippines to<br />
ensure they will not transfer their illegal activities<br />
here,” said BI Commissioner Jaime Morente of<br />
the suspects arrested last 10 November in a<br />
condominium unit in Fairview, Quezon City.<br />
“Foreign criminals are not welcome to<br />
hide here. We are in close coordination with<br />
our foreign counterparts to ensure that these<br />
fugitives will be sent back to their countries<br />
to face justice,” he added.<br />
The suspects will face charges of maintaining<br />
an illegal sports gambling site in Korea where<br />
companies in the truck holiday would<br />
already be an act of “economic sabotage.”<br />
“If they decide to join, then ports will be<br />
paralyzed,” said Ortiz-Luis. “It would amount<br />
to an economic sabotage if these big truck<br />
groups would also protest and join the<br />
truck holiday.”<br />
The holiday was organized by a<br />
group of truckers in protest of the<br />
government’s phase-out program<br />
for truck 15 years and older, as<br />
part of measures to address port<br />
congestion.<br />
“The group Aduana, through its<br />
president Mary Zapata, said it is<br />
protesting the cramped container<br />
yards of some shipping lines, which<br />
delay the operation of truckers,”<br />
she said.<br />
“Truckers, after delivering<br />
shipments to warehouses, are<br />
supposed to return empty<br />
container vans to the shipping<br />
lines. Several firms, however,<br />
admitted last week that their<br />
container yards are over-utilized,”<br />
Zapata said in an earlier interview.<br />
Grab suspends ‘drug-dealing’ suspect<br />
all the evidence, police said.<br />
Grab said it will ban Gavino and will<br />
include his name in the blacklist to be<br />
submitted to the Land Transportation<br />
Franchising and Regulatory Board (LTFRB),<br />
if he is proven guilty of drug-dealing.<br />
“On the part of the driver, who is accused<br />
of committing a crime, he is automatically<br />
deactivated from our platform,” Grab<br />
spokesman Leo Gonzales said.<br />
“Once confirmed (that he is a drug dealer)<br />
Korean fugitives blacklisted<br />
By Kuhlin Ceslie Gacula<br />
they allegedly pocketed $<strong>20</strong>0,000 from their<br />
operations.<br />
Suspects hiding in PH for three years<br />
nabbed for cyber fraud.<br />
Jang and Lee’s modus operandi involved<br />
asking their customers to transfer money<br />
to bank accounts which would then prove<br />
inaccessible for gambling purposes.<br />
“Having them remain in the country poses<br />
a risk against public interest and safety,”<br />
Morente added, saying the information<br />
against the suspects came from the Korean<br />
Embassy.<br />
The two had been staying in the Philippines<br />
for over three years now. The BI Board of<br />
Commissioners has already issued a summary<br />
deportation against them.<br />
then he is perpetually banned and his name<br />
becomes part of a blacklist we submit to the<br />
LTFRB,” Gonzales added.<br />
Suspect fails to ingest all shabu<br />
evidence.<br />
Grab said it will not tolerate any criminal<br />
activity involving its partner drivers as it<br />
vowed to cooperate with any investigation<br />
with its security and safety team.<br />
Gavino was nabbed in an apartelle in<br />
Cubao after he sold a policeman poseur-buyer<br />
P500 worth of shabu. Police said a barangay<br />
kagawad was present during the operation.<br />
The police said the amount of shabu seized<br />
from Gavino will allow them to charge him<br />
in court although he ingested some of the<br />
drugs. Also serving as evidence against him<br />
is the P500 marked money.<br />
The suspect is detained at the Cubao<br />
police station.<br />
Controversial footbridge<br />
being retrofitted<br />
Reconstruction work on the controversial “Stairway to Heaven”<br />
footbridge located along Scout. Borromeo in Kamuning, Quezon City<br />
is now underway, the Metropolitan Manila Development Authority<br />
(MMDA) yesterday said.<br />
But the 13.8-meter high footbridge will remain a challenge to climb<br />
for the elderly, the differently abled and pregnant women because<br />
its height will not be reduced.<br />
The MMDA said only a landing and railings are being added on top<br />
of the footbridge at the top of the Metro Rail Transit-3. The original<br />
project cost of P10 million left no budget for an elevator or escalator,<br />
the agency added.<br />
The landing will break the structure into two smaller bridges,<br />
ready for the use of pedestrians on 27 November.<br />
The MMDA said the bridge was constructed in the area to prevent<br />
pedestrians from crossing Epifanio de los Santos Avenue. It said at<br />
least 10 pedestrians are hit by vehicles in the area each month.<br />
Francis Earl Cueto<br />
Skin-whitening products tarred<br />
An environmental and health advocacy group yesterday<br />
warned the public against the extensive use of skin<br />
whitening products which, it said, pose a serious threat<br />
to people’s health.<br />
The group Ecowaste Coalition claimed that all 15<br />
whitening products it subjected to X-Ray<br />
fluorescence analyser were found<br />
contaminated with toxic mercury<br />
ranging from 710 to 30,000 ppm.<br />
Beauty quest Even for Asians, having lighter, even complexion is a plus especially for those seeking beauty titles. As such, whitening creams<br />
are among the most sought-after products in the market.<br />
AFP<br />
Mercury is highly toxic when ingested, inhaled or when it breaks<br />
through the skin.<br />
The products found laced with mercury were purchased from 4<br />
to 16 November for P60 to P280 from stores selling cosmetics, herbal<br />
supplements and Chinese medicines in Mandaluyong, Manila, Marikina,<br />
Parañaque, Pasay, Pasig and Quezon Cities.<br />
The group’s latest test purchases coincided with the second meeting<br />
of the Conference of the Parties to the Minamata Convention on Mercury<br />
(COP2) on 19 to 23 November in Geneva, Switzerland.<br />
15 beauty creams found laden with toxic mercury.<br />
The treaty aims “to protect human health and the environment<br />
from anthropogenic emissions and releases of mercury and mercury<br />
compounds.”<br />
Among other targets, the treaty requires the phase-out of<br />
cosmetics, including skin lightening products, with mercury<br />
above 1 ppm by the year <strong>20</strong><strong>20</strong>.<br />
“The <strong>20</strong><strong>20</strong> phase-out deadline for mercury-laced skin<br />
lightening products is fast approaching, and we still<br />
find these smuggled products in store shelves. Jiaoli<br />
Miraculous Cream, for example, is still up for sale despite<br />
being banned by the FDA in <strong>20</strong>10,” the group said.<br />
According to the World Health Organization, “the<br />
main adverse effect of the inorganic mercury<br />
contained in skin lightening soaps and creams<br />
is kidney damage.”<br />
It also warned that “mercury in skin lightening<br />
products may also cause skin rashes, skin discoloration<br />
and scarring, as well as a reduction in the skin’s<br />
resistance to bacterial and fungal infections.”<br />
The 15 products found to contain mercury were<br />
the Parley Herbal Beauty Cream with Avocado (with<br />
30,000 ppm of Mercury), Goree Beauty Cream (22,800<br />
ppm), Goree Day & Night Whitening Cream (<strong>20</strong>,000<br />
ppm), Yudantang 6-Day Specific Eliminating Freckle<br />
Whitening Cream (19,<strong>20</strong>0 ppm), Golden Pearl Beauty<br />
Cream (11,600 ppm), Erna Whitening Cream (8,957<br />
ppm), Feique Lemon Whitening Freckle-Removing<br />
Cream (6,122 ppm), S’Zitang-golden box (2,539<br />
ppm), S’Zitang 10-Day Eliminating Freckle Day &<br />
Night Set, (2,470 ppm), S’Zitang 7-Day Specific<br />
Eliminating Freckle AB Set (1,995 ppm), Jiaoli<br />
Miraculous Cream (1,888 ppm), Jiaoli 7-Day<br />
Specific Eliminating Freckle AB Set, (1,452<br />
ppm), Collagen Plus Vit E Day & Night Cream<br />
(1,139 ppm) and JJJ Magic Spots Removing<br />
Cream (710 ppm).<br />
Majority of the products were already<br />
banned by the Food and Drug Administration<br />
due to their high mercury content.<br />
Hardly a dent<br />
With the two biggest trucking<br />
organizations in the<br />
Philippines<br />
not joining<br />
the protest<br />
move<br />
against the<br />
phase-out of<br />
haulers 15<br />
years and<br />
older, the effect<br />
on the economy<br />
of the six-day truck<br />
holiday was seen to be<br />
minimal.<br />
ROMAN PROSPERO<br />
Car park<br />
probe set<br />
San Juan council to<br />
look into shopping<br />
center’s possible<br />
liability<br />
An investigation will be<br />
launched by the city council<br />
of San Juan on why an Asian<br />
utility vehicle (AUV) driven<br />
by the father-in-law of Sen.<br />
Grace Poe-Llamanzares fell<br />
from the third floor of a<br />
parking structure in the<br />
Greenhills Shopping Center<br />
last Sunday.<br />
The black Toyota Innova<br />
driven by Dr. Teodoro<br />
Llamanzares, 83, hit the<br />
steel railings serving as wall<br />
of the parking structure and<br />
plunged three levels below.<br />
Llamanzares was in<br />
stable condition at press<br />
time yesterday, according to<br />
sources close to his family.<br />
In a radio interview,<br />
San Juan City Police<br />
chief Senior Supt. Dindo<br />
Reyes said the city council<br />
wanted to determine if<br />
the management of the<br />
shopping center can be<br />
made answerable for the<br />
accident.<br />
The railings and the<br />
tire stoppers were unable<br />
to stop wayward vehicles.<br />
Aside from Llamanzares’<br />
AUV, a sedan driven by<br />
a 73-year-old man had<br />
also fallen off the same<br />
structure.<br />
Reyes said they’ve<br />
noticed some issues<br />
on the stopper and<br />
the GI pipe barriers in<br />
the parking structure.<br />
“There was a stopper<br />
on the floor, but it only<br />
accommodates one tire of<br />
a vehicle,” he said.<br />
Llamanzares’ Innova<br />
was reported by witnesses<br />
to have climbed the<br />
structure at a fast pace.<br />
It turned turtle after<br />
breaking through the<br />
barrier and hitting the<br />
pavement.<br />
Luckily, no one<br />
was below the parking<br />
structure when the AUV<br />
fell.<br />
Suggestions had<br />
been made to designate<br />
parking zones for senior<br />
citizens on the ground to<br />
prevent similar accidents<br />
being blamed on drivers’<br />
errors.<br />
The council will pass<br />
a resolution to support<br />
the investigation it wants<br />
conducted on the accident,<br />
Reyes said.<br />
Elmer N. Manuel
‘TWAS NO DIVE,<br />
THAT LOSS<br />
P15<br />
WOVEN WITH<br />
CREATIVITY<br />
P18<br />
PH BANKS STABLE<br />
BUT SOME RISKS<br />
APPARENT<br />
P10<br />
Jun Vallecera, Editor<br />
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
Customs<br />
administration,<br />
only way to go<br />
BUSINESS<br />
Outflows help widen<br />
October BoP deficit<br />
9<br />
CHAMBER LANE<br />
Jess Varela<br />
COMMENTARY<br />
“If we want the<br />
Philippines to become<br />
a flourishing trade and<br />
investment hub in the<br />
region, we must identify<br />
the causes which pull<br />
our businessmen and<br />
entrepreneurs… steps<br />
behind.<br />
The history of customs administration dates back to centuries<br />
ago, when the mode of trade was in barter form. Collection of<br />
tributes from people who want to engage in trading activities<br />
was commonplace. Since then, customs, the agency responsible<br />
for controlling the flow of goods in and out of a country, have<br />
been in place.<br />
For the Philippines, our customs history has been influenced<br />
by the Spanish and American regimes. The creation of the<br />
Commonwealth government and the establishment of the<br />
Republic gave the country an opportunity to tailor-fit the customs<br />
administration to what suits us best.<br />
As an agency in charge of the efficient flow of goods, a<br />
customs bureau is an integral part of doing business and of<br />
nation building. Tariffs collected from duties are used by the<br />
government to better its services to the people, by way of social<br />
services, building new roads and other infrastructure.<br />
However, due to some externalities, inefficiencies in customs<br />
administration become inevitable. But, for how long?<br />
Recent developments<br />
Corruption inside customs bureaus is nothing new. It is no<br />
walk in the park to administer the flow of goods, to calculate<br />
Turn to page 10<br />
MALABON may be best known<br />
for its fish factories and fish<br />
mongers but it also plays host<br />
to a small but growing number<br />
of people in the furniture trade.<br />
ROMAN PROSPERO<br />
The state of its imbalance at the moment betrays the country’s<br />
ongoing effort to import more capital and goods from overseas<br />
sources as part of the multiyear infrastructure buildup program<br />
under President Duterte<br />
By Joshua Lao<br />
The country’s balance of payments (BoP)<br />
still stood as a deficit totaling $458 million<br />
in October, nearly six times better than the<br />
month-ago shortfall reaching $2.70 billion.<br />
But compared against the year-ago figure,<br />
the BoP deficit for the month represents a<br />
deterioration from last year when this stood<br />
at only $368 million, data from the Bangko<br />
Sentral ng Pilipinas (BSP) show.<br />
“The country’s overall balance of payments<br />
position posted a deficit of $458 million in<br />
October <strong>20</strong>18, higher than the $368 million<br />
BoP deficit recorded in the same month last<br />
year,” the BSP said.<br />
The BoP is what is left after the country’s<br />
foreign currency expenses are deducted from<br />
its earnings. The state of its imbalance at<br />
the moment betrays the country’s ongoing<br />
effort to import more capital and goods from<br />
overseas sources as part of the multiyear<br />
infrastructure buildup program under<br />
President Duterte.<br />
BSP Deputy Governor Diwa Guinigundo<br />
previously brushed aside notions the<br />
imbalance could prove disastrous for the<br />
economy later on, saying the buildup helps<br />
ensure the country’s local output growth<br />
measured as its gross domestic product<br />
(GDP) is sustainable for the long haul rather<br />
than just for a few years.<br />
“Outflows in October <strong>20</strong>18 stemmed<br />
mainly from payments made by the national<br />
government (NG) for its foreign exchange<br />
obligations, NG’s net foreign currency<br />
withdrawals and foreign exchange operations<br />
of the BSP,” the BSP said in a statement.<br />
According to the BSP, the outflows were<br />
partially offset, however, by the net foreign<br />
currency deposits of the NG.<br />
Over the course of a 10-month period, the<br />
country’s BoP registered a wider deficit of<br />
$5.59 billion from $1.73 billion deficit in the<br />
same period year-ago.<br />
Preliminary data from the Philippine<br />
Statistics Authority said the wider deficit<br />
can be attributed in part to the widening<br />
trade gap in merchandise in the first<br />
three quarters of the year.<br />
“This, in turn, was brought about mainly<br />
by the sustained rise in imports of raw<br />
materials and intermediate goods as<br />
well as capital goods to support<br />
domestic economic expansion,”<br />
the BSP said.<br />
The reported BoP<br />
position reflected the final<br />
GIR level of $74.71 billion<br />
as of end-October <strong>20</strong>18.<br />
“At this level, the GIR<br />
(gross international<br />
reserves) represents<br />
a more than ample<br />
MB action anchors T-bills<br />
Treasury bill (T-bill) rates on Monday<br />
moved within a tight band previously<br />
anticipated by the Bureau of the Treasury<br />
(BTr) following the decision by the Bangko Sentral<br />
ng Pilipinas (BSP) to up its policy rates yet again<br />
the week before.<br />
Only the threemonth<br />
or 91-day<br />
T-bills posted<br />
the widest<br />
increase by<br />
12.3 basis<br />
points in<br />
imitation of<br />
the 25-basis<br />
point in<br />
the rate<br />
at which<br />
the BSP<br />
borrows<br />
from or<br />
lends to<br />
banks.<br />
As a<br />
result, the<br />
auction<br />
committee awarded in full its offering<br />
of P15 billion for the tenor, noting that the<br />
market is clearly encouraged to come out<br />
in the market with a strong appetite for<br />
government securities now that inflation has<br />
shown signs of finally tapering off.<br />
Treasury officials said while T-bill rates<br />
rose across the board on Monday, the magnitude<br />
of the changes were all within expectations.<br />
For example, the rate for both the 91- and<br />
liquidity buffer and is equivalent to 6.8<br />
months’ worth of imports of goods and<br />
payments of services and primary income. It<br />
is also equivalent to 5.7 times the country’s<br />
short-term external debt based on original<br />
maturity and 3.9 times based on residual<br />
maturity,” the BSP said.<br />
The BoP, which stood as a deficit equal<br />
to 0.4 percent of local output or the gross<br />
domestic product in <strong>20</strong>16, widened to 0.9<br />
percent of GDP last year. The imbalance was<br />
preprogramed to equal 1.5 percent of GDP<br />
this year as part of the larger goal to spend<br />
more or less P8 trillion under President<br />
Duterte to boost the country’s infrastructure<br />
network.<br />
That buildup, the various<br />
economic managers<br />
previously said, helps<br />
ensure the country’s<br />
local output growth is<br />
sustainable not just<br />
this year and next but<br />
for the long haul.<br />
GUINIGUNDO<br />
In all, the BTr raised the full intended<br />
amount of P15 billion but attracted P30.3<br />
billion in total tenders.<br />
182-day tenors averaged no higher than 5.295 percent<br />
and 6.280 percent, respectively, from 5.172 percent for<br />
the former and 6.245 percent for the latter. This means<br />
the 91-day benchmark rose by 12.3 basis points while<br />
the six-month tenor rose by another 3.5 basis points.<br />
According to the BTr, both tenors were<br />
oversubscribed, the offering having been set<br />
earlier at P4 billion and P5 billion but whose<br />
appeal was such that a total P4.74 billion were<br />
offered for the former and another P11.928 billion<br />
for the latter.<br />
The 364-day benchmark posted an increase by a<br />
mere 0.9 basis point uptick to 6.530 percent from the<br />
posted 6.521 a week ago as demand accelerated to<br />
P13.61 billion from P11.50 billion at the last auction.<br />
In all, the BTr raised the full intended amount of<br />
P15 billion but attracted P30.3 billion in total tenders.<br />
National Treasurer Rosalia de Leon said they had<br />
a good auction on Monday, particularly for the 182- and<br />
364-day tenors.<br />
“Investors are already locking in despite the<br />
25-basis point hike by the Monetary Board (MB)<br />
(signifying) that inflationary expectations were<br />
anchored,” De Leon said.<br />
“Investors see that we are able to already temper<br />
inflation with all these actions coming from the MB as<br />
well,” she added.<br />
On the anticipated retail Treasury bond sale,<br />
the Treasury chief said they continue to watch the<br />
market as trade tensions between US and China<br />
resurfaced in recent days.<br />
But De Leon said the BTr has enough financial<br />
buffer for upcoming maturities.<br />
“I will say that at this point we are well-funded<br />
already. Even for the global bond issue we have already<br />
prepared for that maturity in January. We are more or<br />
less comfortable right now with the cash build up we’ve<br />
made during the past months in preparation for all our<br />
redemptions,” De Leon said.<br />
Joshua Lao
10 BUSINESS<br />
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
Customs<br />
administration,<br />
only way to go<br />
From page 9<br />
every duty even for miniscule items, track<br />
the movements of imported and exported<br />
items, especially if these are done without<br />
a formidable system. Human intervention<br />
can be inefficient and susceptible to<br />
misconduct.<br />
Millions of eschewed revenues due to<br />
ineffective valuation and collection have<br />
hurt our economy, especially businesses<br />
dutifully paying the tariffs they ought to<br />
pay. In achieving revenue targets, there is<br />
still much to be attained.<br />
What needs to be done?<br />
It is time for the Bureau of Customs<br />
(BoC) to explore artificial intelligence and<br />
to go digital. In today’s highly digitalized<br />
economic landscape, it is fitting for the<br />
BoC, being an integral part of the country’s<br />
revenue-making activities, to explore<br />
the benefits of having limited human<br />
interventions and go digital once and for all.<br />
It is time for the Bureau of<br />
Customs to explore artificial<br />
intelligence and to go digital.<br />
Easier said than done, but if we<br />
do it now, it’s all systems go for the<br />
Philippines to achieve efficiency in customs<br />
administration.<br />
This can be done in the following fronts:<br />
First, application of a software will eliminate<br />
inefficiencies. We have to bank on the beauty<br />
of software to put in place a system that will<br />
work best to eliminate loopholes. The use of<br />
cloud service is also significant to share<br />
the information seamlessly to relevant<br />
agencies, maintaining transparency and<br />
check and balance.<br />
Two, putting up a road network application,<br />
where each category is color coded and traced<br />
and mapped-up, will help monitor the flow of<br />
goods across borders. Also, this prevents the<br />
“swings” and smuggling of goods to and from<br />
bonded warehouses.<br />
Three, barcoding must be required to<br />
further ensure the traceability, authenticity<br />
and origin of the goods. Specific systems are<br />
in place by GS1, duly adopted by Asia-Pacific<br />
Economic Cooperation and now being<br />
considered for Association of Southeast<br />
Asian Nations by its APEC Business<br />
Advisory Council. All that is needed is to<br />
coordinate and adopt established norms<br />
and use the tools available.<br />
Four, artificial intelligence and X-rays<br />
must be established. Over a million-and-one<br />
images can be scanned, including powdery<br />
products. The utilization of such innovations<br />
will prevent technical smuggling and<br />
likewise ease congestion to a large extent<br />
as the process is a breeze.<br />
Five, software for inward forward<br />
manifest to categorize commodities will<br />
also help.<br />
The PCCI and ICCP listen and<br />
seriously consult with them in<br />
crafting systems that will ensure<br />
that globally accepted systems are<br />
in place and universally accepted<br />
best practices are observed in<br />
customs administration.<br />
Six, subscription to pricing valuation can<br />
be monitored in real time.<br />
Lastly, that the registration and<br />
accreditation of importers and exporters<br />
be outsourced to a business group with<br />
nationwide reach. The registration and<br />
accreditation of importers and exporters<br />
will ensure that they are affirmed to be<br />
exercising good business conduct. More<br />
importantly, the elimination of identity<br />
theft from among consignees and legitimate<br />
importers can be assured.<br />
What’s next?<br />
Inefficiencies, in any organization, must<br />
be targeted with real solutions. If we want<br />
the Philippines to become a flourishing<br />
trade and investment hub in the region,<br />
we must identify the causes which pull<br />
our businessmen and entrepreneurs,<br />
especially small and medium enterprises,<br />
steps behind.<br />
Making use of the technology and<br />
innovations available to us is a big leap for<br />
the history of our customs administration. We<br />
cannot be scared by the use of technology;<br />
it may take some getting used to at first,<br />
but the fruits are sweeter. We have to<br />
consistently reach our revenue targets to fuel<br />
the government services that will be of help to<br />
the Filipinos. We also have to put in mind the<br />
businessmen and entrepreneurs, working day<br />
in and day out, who provide job opportunities<br />
and employment for the country. They are<br />
seriously hurt when inefficiencies happen<br />
because of dated systems and ways. We have<br />
to step up, double time, so that we will be able<br />
to catch up to the countless times that we have<br />
lagged behind our neighbors and the world.<br />
It is imperative that government sit down<br />
with chambers of commerce, the PCCI and<br />
ICCP, listen and seriously consult with<br />
them in crafting systems that will ensure<br />
that globally accepted systems are in place<br />
and universally accepted best practices are<br />
observed in customs administration.<br />
PH banks stable but some risks apparent<br />
Moody’s Investors Service on Monday said the<br />
outlook for the Philippine banking system over the next<br />
12 to 18 months is stable, a reflection the industry’s good<br />
asset quality, strong loss buffers and ample liquidity.<br />
The sovereign credit watcher came to this and other<br />
conclusions even after allowing for the impact of rapid<br />
loan growth of the economy.<br />
“The operating environment will continue to be<br />
supportive for banks, with gross domestic product<br />
growth to slow but remain strong compared to the<br />
Philippines’ own historical rates and growth in peer<br />
economies in the region,” said Srikanth Vadlamani,<br />
Moody’s vice president and senior credit officer.<br />
“Specifically, we forecast the country’s real GDP<br />
(gross domestic product) will grow 6.3 percent and 6.2<br />
percent in <strong>20</strong>18 and <strong>20</strong>19, respectively, rates that are<br />
among the highest in the region, although lower than<br />
the 6.7 percent recorded in <strong>20</strong>17,” says Vadlamani.<br />
“However, accelerating inflation is a risk.”<br />
Moody’s conclusions are contained in its just-released<br />
report, “Banking System Outlook — The Philippines:<br />
Robust economy and solid bank fundamentals support<br />
stable outlook.”<br />
The outlook has been stable since November <strong>20</strong>15.<br />
Moody’s assesses six key drivers for the system’s<br />
outlook, namely operating environment (stable); asset<br />
quality (stable); capital (stable); funding and liquidity<br />
(deteriorating); profitability and efficiency (improving)<br />
and government support (stable).<br />
Favorable macroeconomic factors will underpin<br />
asset performance even as loans grow rapidly, but<br />
sharper than-expected increases in interest rates<br />
and a heavy concentration of exposures to large<br />
conglomerates pose key risks to asset quality.<br />
Capital ratios will decline due to fast loan growth,<br />
but the banks’ ability to raise external capital will<br />
MONDAY<br />
19 <strong>NOVEMBER</strong> <strong>20</strong>18<br />
PHILIPPINE STOCK EXCHANGE<br />
NAME OPEN HIGH LOW CLOSE VALUE (P)<br />
FINANCIALS<br />
BANKS<br />
ASIA UNITED 59 59.5 59 59.5 1,<strong>20</strong>7,<strong>20</strong>0<br />
BDO UNIBANK 123.5 129.7 123.3 129.7 349,637,722<br />
BANK PH ISLANDS 89 89 88 88.7 182,285,789.50<br />
CHINABANK 28 28 27.7 27.75 1,627,890<br />
EAST WEST BANK 10.76 10.82 10.68 10.7 3,588,682<br />
METROBANK 70.3 72.4 70.3 72.15 401,303,662<br />
PHIL NATL BANK 40 40 39.6 39.8 3,549,765<br />
PSBANK 71.7 72.1 71.7 71.7 416,585<br />
RCBC 27.9 28.4 27.9 28.25 6,568,8<strong>20</strong><br />
SECURITY BANK 141.8 147.3 140.1 146.5 216,688,830<br />
UNION BANK 65.85 65.95 65.8 65.8 974,171.50<br />
OTHER FINANCIAL INSTITUTIONS<br />
BRIGHT KINDLE 1.5 1.59 1.5 1.57 21,930<br />
BDO LEASING 2.33 2.33 2.3 2.3 295,290<br />
COL FINANCIAL 15.2 15.6 15.12 15.6 24,592<br />
FERRONOUX HLDG 3.96 3.96 3.96 3.96 3,960<br />
IREMIT 1.38 1.39 1.38 1.39 4,150<br />
MEDCO HLDG 0.47 0.47 0.455 0.455 <strong>20</strong>0,350<br />
NTL REINSURANCE 0.77 0.8 0.76 0.76 564,000<br />
PHIL STOCK EXCH 174.1 183 174 183 393,373<br />
INDUSTRIAL<br />
ELECTRICITY, ENERGY, POWER & WATER<br />
ALSONS CONS 1.23 1.27 1.23 1.26 995,230<br />
ABOITIZ POWER 31.6 32.5 31.4 32.5 56,375,395<br />
BASIC ENERGY 0.226 0.226 0.21 0.225 52,690<br />
FIRST GEN 17.38 17.54 17.14 17.54 30,773,824<br />
FIRST PHIL HLDG 64.85 64.85 64.35 64.6 19,559,734.5(1,<br />
PHIL H2O 4.55 4.66 4.5 4.66 2,548,080<br />
MERALCO 383 387 376.6 384 71,017,290<br />
MANILA WATER 25.7 25.95 25.3 25.4 8,835,870<br />
PETRON 7.88 7.93 7.66 7.66 31,488,583<br />
PETROENERGY 4.06 4.06 4.03 4.03 40,460<br />
PHINMA ENERGY 0.91 0.93 0.9 0.91 573,440<br />
PHX PETROLEUM 11.08 11.3 11 11 2,104,358<br />
PILIPINAS SHELL 48.5 50 48.4 48.4 30,684,910<br />
SPC POWER 5.27 5.41 5.27 5.28 6,427,940<br />
FOOD, BEVERAGE & TOBACCO<br />
AGRINURTURE 17 17.76 17 17.68 8,553,808<br />
CNTRL AZUCARERA 16.2 16.2 14.62 16.08 53,578<br />
CENTURY FOOD 14 14.14 14 14.08 21,367,002<br />
DEL MONTE 7 7 7 7 56,000<br />
DNL INDUS 10.76 10.8 10.76 10.78 4,257,510<br />
EMPERADOR 6.99 6.99 6.89 6.99 22,148,530<br />
SMC FOODANDBEV 83.95 84 83.85 84 132,043,704.50<br />
ALLIANCE SELECT 1.08 1.11 1.06 1.07 7,564,190<br />
GINEBRA 22.8 23.45 22.8 23.05 2,095,555<br />
JOLLIBEE 280 284 278.4 282 158,730,652<br />
MACAY HLDG 9.5 9.5 9.5 9.5 15,<strong>20</strong>0<br />
MAXS GROUP 10.56 10.8 10.3 10.3 3,674,946<br />
PEPSI COLA 1.46 1.47 1.44 1.44 446,240<br />
SHAKEYS PIZZA 10 10.02 9.99 10 525,099<br />
RFM CORP 4.66 4.7 4.66 4.7 298,760<br />
ROXAS HLDG 2.82 2.82 2.82 2.82 22,560<br />
SWIFT FOODS 0.125 0.125 0.125 0.125 2,500<br />
UNIV ROBINA 130.7 134.4 130.2 131 82,727,358<br />
VITARICH 1.43 1.5 1.41 1.49 14,441,530<br />
VICTORIAS 2.33 2.33 2.33 2.33 139,800<br />
CONSTRUCTION, INFRASTRUCTURE & ALLIED SERVICES<br />
CONCRETE A 60.7 60.7 60.6 60.6 6,668<br />
CEMEX HLDG 2 2.05 1.99 2 4,973,850<br />
DAVINCI CAPITAL 5.2 5.2 5.2 5.2 16,1<strong>20</strong><br />
EAGLE CEMENT 15.42 15.42 15.22 15.4 1,129,630<br />
EEI CORP 8.8 8.84 8.34 8.5 573,242<br />
HOLCIM 6 6.25 6 6.15 82,251<br />
MEGAWIDE 17.48 17.6 17.16 17.34 43,896,178<br />
PHINMA 8.5 8.52 8.5 8.5 126,750<br />
TKC METALS 0.84 0.88 0.84 0.87 8,510<br />
VULCAN INDL 1.5 1.51 1.42 1.45 9,221,570<br />
CHEMICALS<br />
CROWN ASIA 1.4 1.45 1.4 1.4 100,330<br />
LMG CHEMICALS 4.65 4.65 4.65 4.65 27,900<br />
MABUHAY VINYL 3.21 3.36 3.21 3.36 32,250<br />
PRYCE CORP 5.23 5.23 5.18 5.18 279,066<br />
ELECTRICAL COMPONENTS & EQUIPMENT<br />
CONCEPCION 35 35.2 35 35.2 22,435,0<strong>20</strong><br />
GREENERGY 1.61 1.65 1.61 1.61 9,421,870<br />
INTEGRATED MICR 8.67 8.67 7.8 7.8 70,797,460<br />
IONICS 1.5 1.5 1.46 1.47 465,300<br />
SFA SEMICON 1.25 1.25 1.2 1.24 467,510<br />
CIRTEK HLDG 37.2 37.9 36.5 37.9 6,123,230<br />
HOLDING FIRMS<br />
ABACORE CAPITAL 0.47 0.47 0.455 0.465 1,954,850<br />
ASIABEST GROUP 21.5 23 <strong>20</strong>.75 <strong>20</strong>.75 558,070<br />
AYALA CORP 918 945.5 915 945.5 232,356,570<br />
ABOITIZ EQUITY 47 47.3 45.55 46.85 52,989,655<br />
ALLIANCE GLOBAL 10.8 10.82 10.6 10.76 175,994,714<br />
ANSCOR 6.3 6.3 6.2 6.2 106,030<br />
ATN HLDG A 1.46 1.48 1.43 1.48 5,912,530<br />
ATN HLDG B 1.49 1.49 1.47 1.48 857,180<br />
BHI HLDG 1,251 1,800 1,<strong>20</strong>0 1,800 312,085<br />
COSCO CAPITAL 7.05 7.39 7.04 7.35 43,087,<strong>20</strong>7<br />
DMCI HLDG 12.86 13.1 12.8 13.1 46,393,980<br />
FILINVEST DEV 7.4 7.6 7.36 7.6 2,514,983<br />
FORUM PACIFIC 0.23 0.235 0.23 0.235 44,600<br />
GT CAPITAL 807 865 802.5 860 229,300,185<br />
JG SUMMIT 45.8 47.35 45.65 47 91,318,605<br />
LODESTAR 0.52 0.52 0.495 0.51 111,900<br />
LOPEZ HLDG 3.74 4 3.74 3.84 502,110<br />
LT GROUP 16.06 16.36 15.84 16.28 56,511,176<br />
MABUHAY HLDG 0.52 0.53 0.51 0.53 262,280<br />
METRO PAC INV 4.55 4.68 4.5 4.65 293,110,710<br />
PACIFICA 0.034 0.036 0.033 0.036 493,600<br />
PRIME ORION 2.44 2.51 2.44 2.5 1,496,7<strong>20</strong><br />
PRIME MEDIA 1.16 1.16 1.16 1.16 87,000<br />
REPUBLIC GLASS 2.68 2.68 2.68 2.68 26,800<br />
SOLID GROUP 1.27 1.31 1.27 1.31 21,830<br />
SYNERGY GRID 580 580 470 515 407,212<br />
SM INVESTMENTS 890 928 890 928 303,087,525<br />
SAN MIGUEL CORP 168.5 172 168.5 169.9 36,678,013<br />
SOC RESOURCES 0.71 0.78 0.71 0.78 1,490<br />
SEAFRONT RES 2.29 2.29 2.29 2.29 2,290<br />
TOP FRONTIER 266 280 266 280 758,676<br />
WELLEX INDUS 0.212 0.216 0.21 0.216 125,170<br />
ZEUS HLDG 0.192 0.192 0.192 0.192 7,680<br />
PROPERTY<br />
ARTHALAND CORP 0.51 0.56 0.51 0.52 215,8<strong>20</strong><br />
ANCHOR LAND 11 11 11 11 105,600<br />
AYALA LAND 39.35 39.9 39.3 39.9 482,782,765<br />
ARANETA PROP 1.78 1.78 1.77 1.77 95,600<br />
BELLE CORP 2.23 2.24 2.22 2.23 6,693,330<br />
A BROWN 0.77 0.78 0.73 0.76 1,000,710<br />
CITYLAND DEVT 0.85 0.87 0.85 0.86 240,790<br />
CROWN EQUITIES 0.22 0.22 0.211 0.22 274,800<br />
CEBU HLDG 6 6 6 6 3,000<br />
CEB LANDMASTERS 3.8 3.9 3.78 3.87 7,705,570<br />
CENTURY PROP 0.415 0.42 0.405 0.41 1,694,800<br />
CYBER BAY 0.34 0.34 0.34 0.34 88,400<br />
DOUBLEDRAGON 18.1 19.44 18.02 18.88 11,962,960<br />
DM WENCESLAO 7.58 7.61 7.53 7.6 2,212,459<br />
EMPIRE EAST 0.5 0.5 0.5 0.5 500<br />
FILINVEST LAND 1.48 1.5 1.46 1.48 9,169,380<br />
GLOBAL ESTATE 0.99 1.02 0.99 1.01 1,102,060<br />
8990 HLDG 7.25 7.45 7.25 7.45 3,365,911<br />
limit capital erosion. Consequently, the capital ratios<br />
of Philippine banks will remain among the highest in<br />
Asia and will continue to be a key credit strength.<br />
Net interest margins will improve — thereby raising<br />
profitability — as a result of rising interest rates.<br />
Because a large share of Philippine banks’ deposits<br />
comprise current and savings accounts, which tend to<br />
be relatively insensitive to changes in overall interest<br />
rates, funding costs will not rise as fast as lending rates<br />
even as term deposit rates will see a sharp increase.<br />
The result will be wider margins. Funding will tighten due<br />
to rapid loan growth. Loan growth will outpace deposit<br />
growth, further pushing up loan-to-deposit ratios<br />
(LDR), which have been rising.<br />
Local currency funding is<br />
particularly tight,<br />
with the<br />
systemwide local-currency<br />
LDR exceeding the overall LDR.<br />
Government support will remain strong for the large<br />
banks. In addition, the government’s capacity to provide<br />
support in times of stress has improved, but smaller<br />
banks will receive less support than systemically<br />
important banks. Moody’s rates 10 commercial banks<br />
in the Philippines and their assets accounted for<br />
SAVE for one key parameter, Philippine bank drivers as operating environment, asset quality, capital and a few others<br />
were all rated stable in an outlook by Moody’s.<br />
CONTRIBUTED PHOTO<br />
NAME OPEN HIGH LOW CLOSE VALUE (P)<br />
IRC PROP 2.44 2.46 2.35 2.42 22,154,080<br />
CITY AND LAND 0.79 0.85 0.79 0.85 73,980<br />
MEGAWORLD 4.53 4.67 4.5 4.62 88,765,750 29<br />
MRC ALLIED 0.35 0.355 0.345 0.35 7,497,250<br />
PHIL ESTATES 0.44 0.445 0.44 0.44 330,100<br />
PRIMEX CORP 3.6 3.6 3.58 3.6 2,931,3<strong>20</strong><br />
ROBINSONS LAND <strong>20</strong>.4 21.05 <strong>20</strong>.25 21 24,514,045<br />
PHIL REALTY 0.37 0.37 0.35 0.36 110,<strong>20</strong>0<br />
ROCKWELL 1.91 1.94 1.91 1.91 53,660<br />
SHANG PROP 3.15 3.15 3.11 3.15 218,0<strong>20</strong><br />
STA LUCIA LAND 1.13 1.14 1.12 1.13 34,960<br />
SM PRIME HLDG 32.65 32.9 32.25 32.9 476,825,960<br />
STARMALLS 4.03 4.1 4.01 4.05 332,2<strong>20</strong><br />
SUNTRUST HOME 0.72 0.72 0.72 0.72 87,1<strong>20</strong><br />
VISTA LAND 5.2 5.2 5.15 5.2 6,640,380<br />
SERVICES<br />
MEDIA<br />
ABS CBN 19.86 19.98 19.86 19.9 611,786<br />
GMA NETWORK 5.27 5.27 5.24 5.27 415,852<br />
MANILA BULLETIN 0.355 0.36 0.355 0.36 53,500<br />
MLA BRDCASTING 16.44 16.44 15.1 16.44 22,618<br />
TELECOMMUNICATIONS<br />
GLOBE TELECOM 1,925 1,999 1,924 1,999 77,904,6<strong>20</strong><br />
PLDT 1,170 1,236 1,170 1,236 90,383,630<br />
INFORMATION TECHNOLOGY<br />
APOLLO GLOBAL 0.037 0.039 0.037 0.039 26,100<br />
DFNN INC 7.98 7.98 7.9 7.9 4,748<br />
IMPERIAL 1.8 1.8 1.63 1.7 102,830<br />
ISLAND INFO 0.095 0.098 0.09 0.098 86,330<br />
ISM COMM 8.4 8.57 7.95 8.2 472,368,909<br />
NOW CORP 3.1 3.29 2.9 2.98 17,099,100<br />
TRANSPACIFIC BR 0.36 0.37 0.355 0.365 12,099,700<br />
PHILWEB 3.1 3.1 3.03 3.09 865,530<br />
TRANSPORTATION SERVICES<br />
2GO GROUP 9.65 9.95 9.55 9.9 380,030<br />
ASIAN TERMINALS 13.2 13.2 13.06 13.06 49,684<br />
CEBU AIR 65.3 68 65.3 67.4 14,497,<strong>20</strong>7<br />
CHELSEA 8 8.04 7.78 7.94 29,556,400<br />
INTL CONTAINER 94 96 94 95.3 423,217,600.50<br />
LBC EXPRESS 14.28 14.28 14.28 14.28 8,568<br />
LORENZO SHIPPNG 0.69 0.72 0.68 0.68 26,350<br />
MACROASIA 14.4 14.4 14.2 14.36 3,137,4<strong>20</strong><br />
METROALLIANCE A 1.05 1.4 1.05 1.28 258,250<br />
PAL HLDG 7.8 7.8 7.69 7.8 105,289<br />
HARBOR STAR 3.29 3.29 3.14 3.19 9,143,590<br />
HOTEL & LEISURE<br />
ACESITE HOTEL 1.26 1.26 1.26 1.26 6,300<br />
DISCOVERY WORLD 2.43 2.43 2.43 2.43 12,150<br />
WATERFRONT 0.48 0.48 0.46 0.47 277,600<br />
EDUCATION<br />
IPEOPLE 10.12 10.12 10.12 10.12 10,1<strong>20</strong><br />
STI HLDG 0.58 0.62 0.58 0.62 818,050<br />
CASINOS & GAMING<br />
BERJAYA 1.69 1.73 1.62 1.7 3,709,490<br />
BLOOMBERRY 7.45 7.58 7.36 7.58 36,885,340<br />
PACIFIC ONLINE 10.76 10.76 10 10 111,056<br />
LEISURE AND RES 2.77 2.89 2.7 2.78 702,660<br />
MANILA JOCKEY 5.65 5.65 5.37 5.6 31,319<br />
MELCO RESORTS 7.13 7.14 7.13 7.14 5,<strong>20</strong>3,766<br />
PREMIUM LEISURE 0.64 0.7 0.64 0.67 4,451,960<br />
TRAVELLERS 5.13 5.19 5.12 5.19 9,931,830<br />
RETAIL<br />
METRO RETAIL 2 2.07 1.98 2 2,543,680<br />
PUREGOLD 42 43 41.75 42.7 128,699,7<strong>20</strong><br />
ROBINSONS RTL 74.4 76.7 74.4 76.7 17,447,404(10<br />
PHIL SEVEN CORP 104.6 108.9 104.6 105.1 227,834<br />
SSI GROUP 2.7 2.81 2.67 2.78 12,104,460<br />
WILCON DEPOT 12.36 12.48 12.1 12.36 74,466,256<br />
OTHER SERVICES<br />
APC GROUP 0.36 0.365 0.35 0.365 169,650<br />
EASYCALL 5.29 5.29 5.01 5.03 774,054<br />
GOLDEN BRIA 318 3<strong>20</strong> 315 3<strong>20</strong> <strong>20</strong>6,570<br />
IPM HLDG 7.1 7.2 7.1 7.2 71,150<br />
PAXYS 3.38 3.5 3.38 3.5 6,880<br />
PRMIERE HORIZON 0.315 0.32 0.315 0.315 384,850<br />
SBS PHIL CORP 6.74 6.74 6.74 6.74 1,348<br />
MINING & OIL<br />
MINING<br />
ATOK 15.2 16.2 13.9 16 580,842<br />
APEX MINING 1.81 1.91 1.8 1.89 48,221,730<br />
ABRA MINING 0.0021 0.0021 0.0019 0.002 695,800<br />
ATLAS MINING 2.36 2.36 2.34 2.35 96,230<br />
COAL ASIA HLDG 0.295 0.295 0.295 0.295 11,800<br />
CENTURY PEAK 1.91 1.95 1.91 1.95 284,630<br />
DIZON MINES 7.13 7.27 6.99 6.99 267,428<br />
FERRONICKEL 1.73 1.74 1.69 1.7 1,721,330<br />
GEOGRACE 0.<strong>20</strong>1 0.<strong>20</strong>6 0.199 0.<strong>20</strong>4 <strong>20</strong>,1<strong>20</strong><br />
LEPANTO A 0.1 0.1 0.099 0.099 87,850<br />
LEPANTO B 0.105 0.105 0.105 0.105 1,050<br />
MARCVENTURES 1.12 1.15 1.12 1.15 127,350<br />
NIHAO 1.01 1.01 0.99 1 114,010<br />
NICKEL ASIA 2.29 2.29 1.94 2.04 43,513,870<br />
OMICO CORP 0.52 0.52 0.52 0.52 6,760<br />
ORNTL PENINSULA 0.88 0.93 0.88 0.89 289,050<br />
PX MINING 2.8 2.95 2.72 2.74 8,658,000<br />
SEMIRARA MINING 26 26.5 25.7 26 57,349,645<br />
UNITED PARAGON 0.0059 0.0059 0.0058 0.0058 17,600<br />
OIL<br />
ORNTL PETROL A 0.013 0.013 0.012 0.012 44,600<br />
ORNTL PETROL B 0.013 0.013 0.013 0.013 1,150,500<br />
PHILODRILL 0.012 0.012 0.011 0.012 587,500<br />
PHINMA PETRO 4.18 4.18 3.91 3.94 382,650<br />
PXP ENERGY 18.34 19.48 18.32 18.94 311,243,582<br />
PREFERRED<br />
HOUSE PREF A 95 95.1 95 95 56,082<br />
AC PREF B2 488 488 488 488 39,040<br />
DD PREF 96 98 96 98 96,980<br />
SMC FB PREF 2 969 969 969 969 4,845,000<br />
FGEN PREF G 102.5 102.5 102.5 102.5 697,000<br />
GTCAP PREF A 915 925 915 925 1,744,250<br />
GTCAP PREF B 9<strong>20</strong> 9<strong>20</strong> 9<strong>20</strong> 9<strong>20</strong> 828,000<br />
MWIDE PREF 99.3 99.3 99.3 99.3 993<br />
PNX PREF 3A 99.5 99.5 99 99 109,095<br />
PNX PREF 3B 101.6 109.9 101.6 109.9 4,147<br />
PCOR PREF 2B 1,001 1,002 1,001 1,002 25,035<br />
SFI PREF 2 2.09 2 2.09 6,180<br />
SMC PREF 2B 75.3 75.3 75.3 75.3 42,921<br />
SMC PREF 2F 74.55 74.55 74.3 74.3 546,405<br />
SMC PREF 2G 74.5 75 74.5 75 <strong>20</strong>2,150<br />
SMC PREF 2H 72.2 74 72 74 922,648<br />
SMC PREF 2I 73.5 73.5 73.5 73.5 22,050<br />
PHIL. DEPOSITARY RECEIPTS<br />
GMA HLDG PDR 5.25 5.25 5.25 5.25 52,500<br />
WARRANTS<br />
LR WARRANT 1.72 1.82 1.65 1.68 471,010<br />
SMALL, MEDIUM & EMERGING<br />
ITALPINAS 4.16 4.3 4.03 4.18 1,689,630<br />
XURPAS 1.19 1.21 1.15 1.17 3,161,840<br />
EXCHANGE TRADED FUNDS<br />
FIRST METRO ETF 106.9 108.4 106.9 108.4 660,422
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
Global<br />
Ferronickel<br />
exceeds target<br />
Nickel ore producer Global Ferronickel<br />
Holdings Inc. (FNI), through its subsidiary<br />
Platinum Group Metals Corp. (PGMC), exceeded<br />
its <strong>20</strong>18 total volume target of 5.5 million wet<br />
metric tons (WMT) by 3.8 percent, to 5.709<br />
million WMT.<br />
The second largest nickel producer in<br />
the Philippines, FNI breached its 100-vessel<br />
mark with 103 recorded shipments, allowing<br />
the company to wrap up their <strong>20</strong>18 nickel ore<br />
shipments with the last vessel departing on 31<br />
October <strong>20</strong>18.<br />
FNI previously set the shipment target to<br />
6.0 million WMT, but cut it to 5.5 million to<br />
take advantage of the higher market price of<br />
Saprolite nickel ores in a move to offset the<br />
lowering of nickel prices.<br />
The company’s resulting sales mix for<br />
low-grade ores dropped to 47 percent<br />
this year compared to last year’s 61<br />
percent, while medium-grade ores rose<br />
to 53 percent from 39 percent in <strong>20</strong>17.<br />
BUSINESS<br />
11<br />
Third quarter report from FNI revealed<br />
that the company’s net income went down<br />
by 24 percent from P783.6 million in <strong>20</strong>17 to<br />
P595.4 million. Shipped volume from January<br />
to September also declined by 4.4 percent, with<br />
only 85 vessels shipped compared to last year’s<br />
90 in the same period.<br />
In a separate regulatory filing, FNI<br />
disclosed that it shifted its focus to shipping<br />
higher-grade ores, which is expected to lead<br />
to lesser shipment volume as higher grade<br />
ores involve more processing, although yields<br />
better in terms of market price.<br />
“It is only this year as opposed to the<br />
past several years that the company was<br />
able to produce and ship nickel ore at a<br />
higher medium grade of 1.65 percent to<br />
take advantage of its relatively high price<br />
and better margins,” the company said in<br />
the disclosure.<br />
For a final tally, FNI said that they were<br />
able to produce and ship 2.658 million WMT<br />
of low-grade nickel ore and 3.051 million<br />
WMT of medium-grade nickel ore, including<br />
0.6 million WMT medium-grade ores with<br />
1.65 percent nickel content. The company’s<br />
resulting sales mix for low-grade ores<br />
dropped to 47 percent this year compared to<br />
last year’s 61 percent, while medium-grade<br />
ores rose to 53 percent from 39 percent<br />
in <strong>20</strong>17.<br />
FNI also saw a nearly 40 percent rise<br />
in its mineral resources, attributed to<br />
an active exploration of its Cagdianao<br />
(CAGA) site which started in <strong>20</strong>14.<br />
FNI reported that its combined<br />
measured and indicated<br />
mineral resources grew to<br />
75.688 million dry metric<br />
tons (DMT) as of 15 October,<br />
composing an average grade<br />
of 1.2 percent nickel and 30<br />
percent iron.<br />
FNI’s actively mined CAGA-<br />
4 site reported a 93.4 percent<br />
growth in mineral resources,<br />
from an estimate of<br />
16.932 million DMT<br />
in <strong>20</strong>17 to a <strong>20</strong>18<br />
estimate of 32.758<br />
million DMT, the<br />
highest increase<br />
in mineral<br />
resources among<br />
the five areas part<br />
of the exploration.<br />
AJ Bajo<br />
PEOPLE walk past a Nissan Motor showroom in Tokyo. Nissan chairman Carlos Ghosn was arrested in Tokyo on Monday for financial misconduct, public broadcaster NHK and other<br />
Japanese media outlets reported.<br />
AFP<br />
DPC posts 25% growth in energy sales<br />
By AJ Bajo<br />
DMCI Power Corp. (DPC) reported<br />
a 25 percent growth in its energy<br />
sales in the first nine months of <strong>20</strong>18,<br />
reaching a volume of 226GWh from<br />
the previous year’s 181GWh.<br />
The off-grid energy player<br />
attributed the growth to high power<br />
demand and dispatch across all of its<br />
operating segments.<br />
“The continued economic growth<br />
and booming tourism industry across<br />
all operating segments coupled with<br />
our reliable operations and<br />
effective partnership with<br />
the off-takers accounted<br />
for the dramatic increase<br />
in our power sales,” DPC<br />
president Nestor Dadivas<br />
PHILIPPINE Airlines President Jaime Bautista, Manila International Airport Authority General Manager Ed<br />
Monreal and Transport Undersecretary for Aviation Capt. Manuel Antonio Tamayo light up the pop art Christmas<br />
tree in ceremonies on Monday at the Ninoy Aquino International Airport.<br />
ANTHONY CHING<br />
said in a regulatory filing.<br />
DPC is hoping that its pending<br />
motion for recomputation<br />
with the Energy Regulatory<br />
Commission will be taken up<br />
soon.<br />
DPC’s Palawan Electric<br />
Cooperative jumped to a 39 percent<br />
record high, delivering 96.35GWh<br />
from only 69.32GWh in the same<br />
period last year.<br />
Oriental Mindoro Electric<br />
Cooperative grew by 24 percent<br />
to 47.61GWh from last year’s<br />
38.38GWh, while dispatch to the<br />
electric cooperative in Masbate<br />
rose by 11 percent to 81.99GWh<br />
from 73.73GWh.<br />
Finance Secretary Carlos Dominguez on<br />
Monday said the Philippine government will<br />
review its loan agreements with China following<br />
the warnings of United States Vice President<br />
Mike Pence on China’s supposed “debt<br />
diplomacy.”<br />
In a statement, Dominguez<br />
said that while the government<br />
will revisit the agreements, such<br />
should not compromise the country’s<br />
sovereignty.<br />
“With those remarks, we will<br />
certainly review it again... the Belt and<br />
Road agreement but essentially, from our<br />
point of view, it will not compromise our<br />
sovereignty and it will be quite helpful to<br />
everybody,” Dominguez said.<br />
This developed as Chinese President<br />
Xi Jinping will make his first state<br />
visit to the Philippines from<br />
<strong>20</strong> to 21 November this<br />
year, in which at least<br />
10 financing agreements<br />
are expected signed,<br />
including the Manila to<br />
Bicol Railway Project as well<br />
as the Mindanao Railway<br />
Project.<br />
“These face-to-face<br />
The Department of<br />
Transportation (DoTr) and<br />
the Department of National<br />
Defense (DND) are to pursue the<br />
implementation of four airport<br />
projects together and have signed<br />
an agreement to that effect.<br />
Transportation Secretary<br />
Arthur Tugade and Defense<br />
Secretary Delfin Lorenzana have<br />
formally signed the agreement.<br />
In it, the DoTr will allocate<br />
P688 million as provided in<br />
the General Appropriations<br />
Act (GAA) <strong>20</strong>18, for the<br />
development of various<br />
airports, particularly the<br />
asphalt overlay of runway and<br />
strip grade correction of the<br />
Laoag International Airport,<br />
the runway extension of the<br />
Vigan Airport, asphalt overlay<br />
of the runway of Cotabato<br />
Earlier in the year, DPC increased<br />
the generator sets for its Palawan<br />
and Masbate operations.<br />
DPC spent approximately P160<br />
million for the additional units<br />
which upped the missionary areas’<br />
generation capacity to 90 MW, 14<br />
percent higher than last year’s. The<br />
units contributed a total capacity<br />
of 11.2MW.<br />
In <strong>20</strong>17, DPC saw a 4 percent<br />
increase in total energy sales, with<br />
the cooperatives in Palawan and<br />
Masbate as major contributors.<br />
Still, DPC’s consolidated net income<br />
only stood 4 percent higher year-todate,<br />
to P337 million from last year’s<br />
P325 million. The growth was stunted<br />
primarily by a reduced provisional tariff<br />
in DPC's bunker-fired power plant in<br />
meetings are so important because they<br />
promote understanding and goodwill between<br />
the leaders. They also show a good example<br />
to their citizens that the Philippines and<br />
China should cooperate more closely and<br />
cooperation comes from understanding<br />
each other, each other’s position very well,”<br />
Dominguez said.<br />
On Thursday, Pence accused China of<br />
resorting to “debt diplomacy” to expand its<br />
influence worldwide, saying that Beijing is<br />
offering hundreds of billions of dollars in<br />
infrastructure loans to various countries in<br />
the different regions. But according to Pence,<br />
these “opaque” loans will only benefit China.<br />
Nevertheless, the Chinese foreign ministry<br />
said no developing country would fall into a<br />
debt trap simply because it is cooperating<br />
with Beijing.<br />
“No developing country will fall into debt<br />
difficulties because of cooperation with China,”<br />
Hua said. “On the contrary, cooperating with<br />
China helps these countries raise independent<br />
development capabilities and levels and<br />
improves the lives of the local people.”<br />
China earlier stated the Philippines is an<br />
important partner for the expansion of its Belt<br />
and Road Initiative, which aims to establish a<br />
trade and infrastructure network connecting<br />
Airport and the construction of<br />
perimeter fence and embankment of<br />
the Sanga-Sanga (Tawi-Tawi) Airport.<br />
The AFP Task Force for<br />
Infrastructure Development, headed by<br />
Major Gen. Felipe Bejar, will undertake<br />
the airport projects.<br />
“Today, we sign a memorandum<br />
of agreement giving you four projects,<br />
designed precisely to make the Filipino<br />
life comfortable. I hope this is just the<br />
beginning of many wonderful days to<br />
come, where the National Defense can<br />
walk hand in hand with Transportation<br />
in trying to fulfill the mandate of making<br />
the Filipino life comfortable,” Tugade said.<br />
“I welcome and will see to it that<br />
together, we can implement and finish<br />
these projects on time in accordance<br />
with the approved plans and designs. We<br />
welcome this chance to participate in<br />
the ‘Build, Build, Build’ Program of the<br />
President,” Lorenzana said in response.<br />
Aborlan, Palawan, according to DPC.<br />
Meanwhile, DPC is hoping<br />
that its pending motion for<br />
recomputation with the Energy<br />
Regulatory Commission will be<br />
taken up soon, Dadivas said.<br />
“DPC is committed to sustain the<br />
economic growth of these missionary<br />
areas by supplying reliable energy to<br />
meet the power demand required by<br />
the cooperatives,” he added.<br />
Established in <strong>20</strong>06,<br />
DPC serves as the power<br />
generator arm of DMCI Holdings<br />
Inc. providing electricity to<br />
areas not connected to the main<br />
transmission grid. Its off-takers<br />
include the electric cooperatives<br />
in Masbate, Oriental Mindoro,<br />
Palawan and Sultan Kudarat.<br />
Manila confident of Beijing loans<br />
On the contrary, cooperating with China helps these countries raise<br />
independent development capabilities and levels and improves the lives<br />
of the local people<br />
Asia with Europe and Africa along the ancient<br />
trade routes.<br />
Trade and Industry Secretary Ramon Lopez<br />
expressed confidence the Philippines could<br />
only gain from its loan agreements with China.<br />
“We will not engage in agreements with<br />
unreasonable terms and terms that are worse<br />
than other sources. Based on numbers also,<br />
from what I’ve remembered, we are not<br />
overleveraged. In other words, we can absorb<br />
more debt as long as the terms are good,”<br />
Lopez said.<br />
With those remarks, we will certainly<br />
review it again... the Belt and Road<br />
agreement but essentially, from our<br />
point of view, it will not compromise<br />
our sovereignty and it will be quite<br />
helpful to everybody.<br />
The US and China have engaged in a trade<br />
war sparked by US President Donald Trump’s<br />
accusations that China has long sought to steal<br />
US intellectual property, limit access to its own<br />
market and has unfairly subsidize state-owned<br />
companies.<br />
Both have imposed increasingly severe<br />
rounds of tariff increases on each other’s<br />
imports.<br />
Despite the tensions, Trump said Chinese<br />
President Xi Jinping is a friend. But later at<br />
a news conference last week in New York, he<br />
said: “Maybe he’s not any more, I’ll be honest<br />
with you.”<br />
Elmer N. Manuel<br />
Military engineers help build airports<br />
Transportation Secretary Arthur<br />
Tugade and Defense Secretary<br />
Delfin Lorenzana have formally<br />
signed the agreement.<br />
The signing ceremony was<br />
witnessed by Armed Forces of the<br />
Philippines (AFP) chief of staff<br />
General Carlito Galvez, Defense<br />
Undersecretary Cardozo Luna,<br />
Transport Undersecretary for<br />
Aviation and Airports Manuel Antonio<br />
Tamayo, Transport Undersecretary for<br />
Finance Garry de Guzman, Transport<br />
Undersecretary for Legal Reinier<br />
Yebra, Transport Assistant Secretary<br />
for Procurement and Project<br />
Implementation Giovanni Lopez, Civil<br />
Aviation Authority of the Philippines<br />
Deputy Director General Don Mendoza<br />
and Acting Chief of Aviation Project<br />
Development Unit Engineer Abelardo<br />
Sore Jr.
51.00<br />
52.00<br />
53.00<br />
54.00<br />
55.00<br />
PESO-DOLLAR RATES<br />
19 <strong>NOVEMBER</strong> <strong>20</strong>18<br />
52.57<br />
12<br />
BUSINESS<br />
25700<br />
25<strong>20</strong>0<br />
24700<br />
24<strong>20</strong>0<br />
DOW JONES<br />
19 <strong>NOVEMBER</strong> <strong>20</strong>18<br />
123.95<br />
7900<br />
7700<br />
STOCK MARKET<br />
7500<br />
7300 186.92<br />
19 <strong>NOVEMBER</strong> <strong>20</strong>18<br />
19 <strong>NOVEMBER</strong> <strong>20</strong>18<br />
INDEX SUMMARY<br />
INDEX VALUE CHANGE % CHANGE<br />
PSEi 7,270.26 186.92 2.64 ▲<br />
All Shares 4,386.82 76.30 1.77 ▲<br />
Financials 1,701.32 39.48 2.38 ▲<br />
Industrial 10,703.73 30.88 0.29 ▲<br />
Holding Firms 7,172.27 257.98 3.73 ▲<br />
Services 1,415.89 34.71 2.51 ▲<br />
Mining and Oil 8,929.92 18.<strong>20</strong> 0.<strong>20</strong> ▼<br />
Property 3,478.14 51.67 1.51 ▲<br />
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
How secure is the global<br />
financial system a<br />
decade after the crisis?<br />
Great strides have been made since <strong>20</strong>08 to<br />
prevent a recurrence of the financial crisis and<br />
recession that followed. Yet there is more debt<br />
than ever in the global financial system<br />
and to some extent had run<br />
ahead of the banks’ ability to<br />
manage the risks, plus there just<br />
wasn’t enough capital. The shock<br />
absorbers weren’t there in the<br />
global financial system.<br />
In this episode of the McKinsey<br />
Podcast, recorded in August<br />
<strong>20</strong>18, Simon London speaks with<br />
McKinsey Global Institute partner<br />
Susan Lund about the global<br />
financial system 10 years after<br />
the crisis that left the world<br />
reeling — detailing the state of<br />
the world economy and analyzing<br />
the potential for such a crisis to<br />
repeat itself.<br />
Podcast transcript<br />
Simon London: Hello and<br />
welcome to this edition of the<br />
McKinsey Podcast, with me,<br />
Simon London. Today we’re going<br />
to be taking stock of the global<br />
financial system 10 years on<br />
from the tumultuous events of<br />
September <strong>20</strong>08 and the financial<br />
crisis that followed. As we’ll hear,<br />
a lot has changed in the decade<br />
since the crisis. But is the global<br />
financial system actually more<br />
secure? Could history repeat<br />
itself? And where might we look<br />
for the seeds of the next crisis? To<br />
answer these questions, today’s<br />
guest is Susan Lund. Susan is<br />
a McKinsey partner and also an<br />
economist with the McKinsey<br />
Global Institute. She’s based<br />
in Washington DC. Susan is a<br />
coauthor of a new discussion<br />
paper on the topics we’ll be<br />
discussing today. If you want more<br />
detail, facts, figures and so on, go<br />
to McKinsey.com and download it<br />
there. So, Susan, thanks so much<br />
for joining today.<br />
Then the economy fell into<br />
a recession and people lost<br />
their jobs, so they couldn’t<br />
afford these very large<br />
mortgages.<br />
Susan Lund: Thank you.<br />
Simon London: I think we<br />
should start with a little bit of<br />
history, if you don’t mind, Susan.<br />
What were the origins of the<br />
financial crisis? Where was the<br />
epicenter and how did it happen?<br />
Susan Lund: The epicenter<br />
of the global financial crisis was<br />
really the housing market. It<br />
started in the United States, but<br />
it turned out that similar housing<br />
bubbles were building in other<br />
countries, like the UK, Spain<br />
and Ireland. Households were<br />
borrowing more than they could<br />
afford. Banks were giving out<br />
loans at very low interest rates<br />
and increasingly having enticing<br />
features like interest rates that<br />
were very low but then ballooned<br />
after a year or two.<br />
This meant that households<br />
could borrow more than they<br />
could really afford to borrow<br />
and buy a bigger house. At the<br />
same time, all of this was fueling<br />
housing-price increases. Banks<br />
looked at the credit risk and<br />
thought, well it’s fine. These<br />
houses are worth a lot, so they<br />
have an asset.<br />
But the problem started when<br />
housing prices stopped growing<br />
and instead started declining.<br />
And suddenly a lot of households<br />
found that they had a lot of debt.<br />
Sometimes more than the value<br />
of the house. Then the economy<br />
fell into a recession and people<br />
lost their jobs, so they couldn’t<br />
afford these very large mortgages.<br />
Now, that in and of itself would’ve<br />
been painful. But what made the<br />
<strong>20</strong>08 financial crisis so globally<br />
devastating was that it turns<br />
out there were a lot of complex,<br />
opaque derivative securities that<br />
had been built on top of these<br />
underlying mortgage assets.<br />
So the subprime mortgage<br />
market in the US was pretty small.<br />
It was not more than maybe 10<br />
percent of all US mortgages. Yet<br />
banks had taken these mortgages,<br />
pulled them together and created<br />
something called asset-backed<br />
securities. Then they took those<br />
and pooled them together again.<br />
And so they built trillions and<br />
trillions of dollars of financial<br />
instruments whose value was<br />
riding on those mortgages being<br />
repaid.<br />
When a few households started<br />
defaulting on mortgages, the pain<br />
went far beyond those households<br />
and the banks that originated<br />
them to all these investors around<br />
the world. And those global,<br />
systemic links weren’t apparent<br />
until the crisis hit and we saw<br />
banks and investors around the<br />
world start getting hit with losses.<br />
Simon London: So the obvious<br />
question for a microeconomist<br />
would be, where were the<br />
regulators in all of this?<br />
Susan Lund: Well regulators<br />
were there, but banks were<br />
creating new types of financial<br />
instruments. They were gaining<br />
popularity; these so-called<br />
collateralized debt obligations<br />
hadn’t really been seen before.<br />
And credit default swaps.<br />
These derivatives are great in<br />
theory and they’re often great in<br />
practice. But what was happening<br />
was, they were creating these<br />
systemic risks that the world<br />
hadn’t seen before. As it started<br />
to unravel, we found out that<br />
those risks, rather than being<br />
diversified and spread around the<br />
world, were concentrated in some<br />
very large banks like Bear Stearns<br />
and Lehman Brothers.<br />
And those global, systemic<br />
links weren’t apparent until<br />
the crisis hit and we saw<br />
banks and investors around<br />
the world start getting hit<br />
with losses.<br />
At the same time, I have to<br />
say, banks had very little capital.<br />
They were in a position — and they<br />
were following global regulations<br />
at the time — but they didn’t<br />
have a lot of equity capital to<br />
withstand large amounts of losses<br />
on their balance sheets. When<br />
large numbers of mortgages<br />
started to go into default, they<br />
were facing losses that pushed<br />
them into a solvency crisis. That,<br />
too, is something that’s changed<br />
over the past ten years.<br />
Simon London: With the<br />
benefit of hindsight, you could<br />
say we started with a housing-market<br />
bubble and that’s bad. That’s<br />
happened before. But what made<br />
this different is that there was a<br />
lot of financial innovation that<br />
had run ahead of regulation<br />
Banks were giving out<br />
loans at very low interest<br />
rates and increasingly<br />
having enticing features like<br />
interest rates that were very<br />
low but then ballooned after<br />
a year or two.<br />
Susan Lund: Absolutely. That<br />
is a great summary.<br />
Simon London: From a macro<br />
point of view, something that<br />
was discussed a lot of the time<br />
was the whole question of global<br />
financial imbalances. Again, with<br />
the benefit of hindsight, what’s<br />
going on?<br />
Susan Lund: Global financial<br />
imbalances refer to the fact that<br />
some countries save a lot and<br />
invest less, and other countries<br />
invest a lot and save very little.<br />
The US is an example of a country<br />
that was investing a lot in real<br />
estate, but its own savings rate<br />
was actually going down, down,<br />
down. To finance a lot of the<br />
investment that was occurring,<br />
foreigners were putting money<br />
into the US market. Ben Bernanke<br />
coined a term, the “global savings<br />
glut.” He was referring to the fact<br />
that China and some other Asian<br />
countries had very, very high<br />
savings rates.<br />
One of the things they did<br />
with all this surplus savings was<br />
channel it into the US treasury<br />
market. That’s because the US<br />
treasury market is the largest,<br />
most liquid, safe asset in the<br />
world. That had the effect of<br />
pushing down US interest rates.<br />
While the housing crisis was<br />
building up, you saw very large<br />
inflows of foreign money into<br />
the US. Often it started in the<br />
treasury market, but then that<br />
pushed down interest rates.<br />
Liquidity worked its way through<br />
the system and financed, to some<br />
extent, this housing bubble. In<br />
that sense, I think that surplus<br />
global liquidity, combined with an<br />
interconnected global financial<br />
system, did play a role in setting<br />
the conditions for this massive<br />
housing bubble.<br />
Simon London: The<br />
big question then is, from a<br />
layperson’s perspective, could<br />
it happen again? Could we get<br />
a repeat of the same pattern of<br />
a real-estate bubble fueling a<br />
banking crisis and that spreading<br />
across the world?<br />
The epicenter of the global<br />
financial crisis was really<br />
the housing market.<br />
Susan Lund: History shows<br />
us that real-estate bubbles and<br />
banking crises go hand in hand<br />
and have plagued countries<br />
throughout history. So I would<br />
never say that it couldn’t happen<br />
again. But a lot has changed<br />
over the past 10 years. First, you<br />
see that the households that had<br />
borrowed too much prior to the<br />
crisis, like households in the US,<br />
Ireland, Spain and the UK, have<br />
really cut down on debt a lot.<br />
That said, one of the most<br />
surprising things over the last ten<br />
years is that the total amount of debt<br />
in the world has continued to grow.<br />
Global debt over the last 10 years<br />
went from roughly twice the size of<br />
global GDP to — today, it’s about 2.4<br />
times global GDP. In absolute terms,<br />
the world has $72 trillion more debt<br />
than there was back in <strong>20</strong>07, on the<br />
eve of the crisis. Government debt<br />
has grown very rapidly in advanced<br />
economies (Exhibit 1).<br />
McKinsey Global Institute
ZVEREV<br />
SHOCKS<br />
DJOKOVIC<br />
P14<br />
CHINA<br />
LAUNCHES TWIN<br />
NAVIGATION<br />
SATELLITES<br />
P16<br />
ANTONIETTA,<br />
MR. ASSIMO IN<br />
‘BUBBLE GANG’<br />
SPECIAL<br />
P17<br />
Aldrin Cardona, Editor<br />
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
WARRIORS’ WOES CONTINUE<br />
SPORTS 13<br />
‘Real NBA’ slide<br />
121-116 overtime loss to the Los Angeles<br />
We’re faced with real adversity. Clippers last Monday. Green’s tirades on<br />
We’ve got to get out of it<br />
the bench and in the postgame locker room<br />
ourselves<br />
led the team to hand the seventh-year<br />
forward a one-game suspension.<br />
The flare-up and the<br />
SAN ANTONIO — Finally faced with “the Warriors’ inability<br />
real NBA,” the Golden State Warriors are to move past it<br />
playing short-handed and having a hard spiritually has<br />
time.<br />
confounded Kerr.<br />
LaMarcus Aldridge had 24 points and 18 “Just play with<br />
rebounds as the San Antonio Spurs fended joy. It’s always<br />
off a late rally to beat Golden State 104-92 been about just our<br />
on Sunday night, extending the Warriors’ emotion,” Durant said, describing how<br />
National Basketball Association skid to Kerr has encouraged his club. “He’s<br />
three games.<br />
always been big about that. He’s just<br />
The two-time defending NBA champions trying to get that joy back.”<br />
are 2-5 since an eight-game winning streak. There wasn’t much joy to be found<br />
“We’ve had such a charmed existence in San Antonio.<br />
the last four seasons. So, of course, this is DeMar DeRozan had <strong>20</strong> points<br />
the toughest stretch we’ve been in,” coach and nine assists and Rudy Gay<br />
Steve Kerr said. “This is the real NBA. We added 19 points to help the Spurs<br />
haven’t been in the real NBA the last few snap a three-game slide.<br />
years. We’ve been in this dream. So, now “We needed that one,” Gay<br />
we’re faced with real adversity. We’ve got said. “It was a hard-fought win<br />
to get out of it ourselves.”<br />
for us. That’s<br />
Stephen Curry and Draymond Green a team that<br />
went down with injuries during the recent<br />
dry spell, but the biggest setback was<br />
self-inflicted. Green and Kevin Durant had<br />
a blowup at the close of regulation in a<br />
Sunday’s Games<br />
(Monday in Manila)<br />
Memphis 100, Minnesota 87<br />
L.A. Lakers 113, Miami 97<br />
Orlando 131, New York 117<br />
Portland 119, Washington 109<br />
San Antonio 104, Golden State 92<br />
EASTERN CONFERENCE<br />
Atlantic Division<br />
W L Pct GB<br />
Toronto 13 4 .765 —<br />
Philadelphia 11 7 .611 2½<br />
Boston 9 7 .563 3½<br />
Brooklyn 7 10 .412 6<br />
New York 4 13 .235 9<br />
Southeast Division<br />
Orlando 9 8 .529 —<br />
Charlotte 7 8 .467 1<br />
Miami 6 10 .375 2½<br />
Washington 5 11 .313 3½<br />
Atlanta 3 13 .188 5½<br />
Central Division<br />
Milwaukee 11 4 .733 —<br />
Indiana 10 6 .625 1½<br />
Detroit 7 6 .538 3<br />
Chicago 4 13 .235 8<br />
Cleveland 2 12 .143 8½<br />
WESTERN CONFERENCE<br />
Southwest Division<br />
W L Pct GB<br />
Memphis 10 5 .667 —<br />
New Orleans 9 7 .563 1½<br />
San Antonio 8 7 .533 2<br />
Houston 8 7 .533 2<br />
Dallas 7 8 .467 3<br />
Northwest Division<br />
Portland 11 5 .688 —<br />
Oklahoma City 10 5 .667 ½<br />
Denver 10 6 .625 1<br />
Utah 8 8 .500 3<br />
Minnesota 7 10 .412 4½<br />
Pacific Division<br />
Golden State 12 6 .667 —<br />
L.A. Clippers 10 5 .667 ½<br />
L.A. Lakers 9 7 .563 2<br />
Sacramento 8 8 .500 3<br />
Phoenix 3 12 .<strong>20</strong>0 7½<br />
needed this<br />
one, too, so it<br />
really was an<br />
uphill battle for us and good test for us.”<br />
Aldridge provided a needed boost,<br />
shooting 10 for 16 in scoring <strong>20</strong>-plus points<br />
for the first time since 10 November.<br />
“He’s been aggressive, especially on the<br />
boards,” DeRozan said. “Tonight, he got a<br />
couple shots to go in for him. A couple of<br />
his turnarounds went in and you know that<br />
rhythm is going to continue to come. As long<br />
as he just goes out there, plays aggressive,<br />
lets the game come to him, he’s going to<br />
continue to have big nights like tonight.”<br />
GOLDEN State Warriors guard Quinn Cook (left) and San Antonio Spurs forward Rudy Gay scramble for the ball during their NBA game.<br />
We’ve had such a charmed existence<br />
the last four seasons. So, of course,<br />
this is the toughest stretch we’ve<br />
been in.<br />
Durant scored 26 points and Klay<br />
Thompson had 25 for the Warriors.<br />
Golden State was without Curry and<br />
Green again and their absence led to a<br />
cold start. Three nights after being held<br />
to a season-low output in a 107-86 loss<br />
at Houston, the Warriors nearly matched<br />
HOMESTEAD, Florida — Ford slammed<br />
the door on NASCAR’s longest championship<br />
drought when Joey Logano drove a Fusion to<br />
victory in its final race.<br />
Logano won Sunday at Homestead-Miami<br />
Speedway to give the American automaker its<br />
eighth drivers’ title but first since Kurt Busch<br />
in <strong>20</strong>04. Ford also won the manufacturers’ title,<br />
the first time it has won the top two prizes in<br />
NASCAR in a season since 1999.<br />
Ford had two of the four entries in the<br />
championship field, one each from Team<br />
Penske and Stewart-Haas Racing, the teams it<br />
recruited to end its championship slide. The<br />
crown went to Roger Penske, a longtime Ford<br />
supporter and friend of Edsel Ford II, grandson<br />
of Henry Ford.<br />
“Delivering the manufacturers’<br />
championship and the driver’s championship,<br />
where it’s been a drought for them and for<br />
Edsel,” Penske said, “and all the people that<br />
have done so much at Ford, and they’ve stayed<br />
committed with us. This is part of building a<br />
brand.”<br />
Penkse and Edsel Ford shared the<br />
championship moment in victory lane. Team<br />
Penske returned to the Ford brand in <strong>20</strong>13<br />
that dubious mark.<br />
They missed all six three-point<br />
attempts in the first quarter as San<br />
Antonio jumped out to a 33-27 lead. Gay<br />
scored 12 points in the opening period.<br />
“He is somebody that we have gone<br />
to at certain times in the game and that<br />
always gives players confidence,” Spurs<br />
coach Gregg Popovich said.<br />
San Antonio also frustrated the<br />
Warriors on offense for much of the<br />
game. After quickly regaining an errant<br />
pass on their end of the court in the<br />
third quarter, Durant passed up a<br />
three-pointer to fire a pass in the lane<br />
to Damian Jones only to have Gay stuff<br />
him at the rim.<br />
San Antonio finished with five<br />
blocked shots.<br />
Golden State’s lone lead came when<br />
Andre Iguodala made two free throws<br />
to put the Warriors ahead 46-45 with<br />
3:47 remaining in the second quarter.<br />
The lead lasted a minute as the Spurs<br />
closed the first half on an 11-2 run. AP<br />
Ford savors NASCAR triumphs<br />
Ford also won the<br />
manufacturers’ title, the first<br />
time it has won the top two<br />
prizes in NASCAR in a season<br />
since 1999<br />
NEW Jersey Devils’ Taylor Hall (left) falls as he is met by Carolina Hurricanes’ Justin Faulk during their<br />
NHL match in North Carolina.<br />
AP<br />
and has been the cornerstone of the blue oval<br />
groups bid to challenge Chevrolet and Toyota<br />
for tops in NASCAR.<br />
“It means a lot to me personally to have both<br />
the drivers’ and manufacturers’ championship,”<br />
Ford said. “It has been since 1999 and I was<br />
there with Robert Yates and Dale Jarrett.<br />
Doing it again, 19 years later, it is absolutely<br />
indescribable to me.”<br />
AP<br />
CARSON, California — Denver had lost six of their last<br />
seven going into Sunday’s game against Los Angeles but<br />
Chargers coach Anthony Lynn kept warning everyone<br />
that the Broncos were dangerous because they had been<br />
in most of their games until the final minute.<br />
Lynn’s words became prophetic as Brandon McManus<br />
kicked a last-second 34-yard field goal to give the Broncos<br />
a 23-22 win and snap the Chargers’ six-game winning<br />
streak.<br />
“We’ve been in four or five of these games and didn’t<br />
make enough plays to win. Today, we didn’t hope to win,<br />
Blackhawks<br />
deny Wild night<br />
The Wild controlled the game after Parise’s goal<br />
made it 2-1 midway through the second, but<br />
Crawford was sharp and preserved the lead<br />
CHICAGO — Jonathan Toews and Brandon Saad scored first-period<br />
goals, Corey Crawford made 39 saves and the Chicago Blackhawks<br />
held on to defeat the Minnesota Wild 3-1 on Sunday night in the<br />
National Hockey League.<br />
Dominik Kahun added an empty-netter with 58.5 second left<br />
as the Blackhawks improved to 2-2-2 under coach Jeremy Colliton,<br />
who replaced Joel Quenneville on 6 November. Patrick Kane had<br />
two assists for Chicago, 2-0-1 in its last three games.<br />
Zach Parise scored for Minnesota, which lost its second<br />
straight game and for the third time in four games. The Wild<br />
controlled the game after Parise’s goal made it 2-1 midway<br />
through the second, but Crawford was sharp and preserved<br />
the lead.<br />
Backup Alex Stalock stopped 25 shots for Minnesota as<br />
usual starter Devan Dubnyk got the night off in the second of<br />
back-to-back games.<br />
Parise has six goals in his last nine games and has scored<br />
in two straight.<br />
In Raleigh, North Carolina, Justin Williams and Micheal<br />
Ferland scored in the game’s first 30 seconds and Carolina<br />
held on for a 2-1 victory.<br />
Curtis McElhinney made 33 saves for Carolina.<br />
Carolina’s two-goal outburst in the first half-minute was<br />
a franchise record and tied for fifth-fastest in NHL history.<br />
Pavel Zacha scored his second goal of the season late in the first<br />
period for New Jersey. Cory Schneider finished with <strong>20</strong> saves. AP<br />
TEENAGE driver Sophia Floersch of Germany (top) goes over Japanese driver Sho Tsuboi’s car at high speed and will need<br />
surgery for a spinal fracture after a spectacular airborne crash in the Formula 3 Macau Grand Prix.<br />
AP<br />
Broncos power out Chargers<br />
Today we didn’t hope to win, we made<br />
plays to win<br />
we made plays to win,” Denver coach Vance Joseph said.<br />
Denver got the ball at its own 8 with 1:51 remaining<br />
and Case Keenum orchestrated a seven-play, 76-yard<br />
drive. Keenum, who was 19 of 32 for <strong>20</strong>5 yards, completed<br />
five passes for 86 yards during the drive, including a<br />
30-yarder to Courtland Sutton to the Denver 16. Keenum<br />
then spiked the ball and McManus’ kick split the uprights.<br />
It was McManus’ second game-winning field goal this<br />
season and the fifth of his career. It also helped erase<br />
memories of two weeks ago, when his 51-yard attempt<br />
went wide right as time expired in a 19-17 loss to Houston.<br />
“I think we’ve had three or four close ones that have<br />
come down to it and Brandon has made those kicks and<br />
we trust him,” Keenum said. “It feels good. A lot better<br />
than the alternative.”<br />
AP<br />
AP
14 SPORTS<br />
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
GIANT-SLAYER<br />
Zverev shocks Djokovic<br />
It is the biggest title I have ever won<br />
LONDON — Alexander Zverev emphatically announced his arrival<br />
at the top of the men’s game by overpowering Novak Djokovic 6-4,<br />
6-3 to win his first ATP Finals title on Sunday.<br />
The 21-year-old German, making his second appearance at the endof-season<br />
showpiece, outlasted six-time champion Roger Federer in<br />
the semi-finals and repeated the feat against the world number one.<br />
Djokovic had not been broken once in the tournament coming into<br />
the match, winning all 36 service games and only facing two break points<br />
but Zverev wrecked his numbers, breaking four times in the match.<br />
The German, coached by Ivan Lendl, faltered just once when<br />
Djokovic broke him early in the second set but that was the only<br />
blemish on an extraordinary performance of power and skill.<br />
“I really can’t describe it,” said Zverev. “It is the biggest title I<br />
have ever won. Firstly, I want to congratulate Novak and we may never<br />
SPORTS SHORTS<br />
NU still clean<br />
Reigning four-time girls champion National<br />
University swept UP Integrated School, 25-5,<br />
25-<strong>20</strong>, 25-10, to stay perfect Sunday in the UAAP<br />
Season 81 high school volleyball tournament<br />
at the FEU-Diliman Gym.<br />
Jessa Ordiales had eight points, Alyssa<br />
Solomon had three service aces to finish with<br />
seven hits while Minerva Maaya also added<br />
seven points for the Bullpups.<br />
With its ninth consecutive win, NU is just<br />
three victories away from claiming an outright<br />
Finals berth.<br />
Angel Canino had 23 points, 14<br />
receptions and seven digs while Alleiah<br />
Malaluan added nine hits, nine digs and<br />
10 receptions as second-running De La<br />
Salle-Zobel prevailed over University of<br />
the East, 25-<strong>20</strong>, 30-28, 25-19, to formalize<br />
its semifinals entry with its seventh win<br />
in nine matches.<br />
Ateneo skid over<br />
Ateneo turned to rookie Manu Mariano’s<br />
early goal to beat De La Salle-Zobel, 1-0, for a<br />
winning start in the UAAP Season 81 juniors<br />
football tournament Sunday at the Rizal<br />
Memorial Stadium.<br />
Mariano struck in the fourth minute as the Blue<br />
Eaglets claimed their first win after two seasons.<br />
Last year, Ateneo was winless and had<br />
one draw.<br />
Barbon-Eslapor triumphs<br />
DUMAGUETE CITY — Babylove Barbon and<br />
Genesa Eslapor scored a 21-17, 21-17 victory<br />
over Charo Soriano and Bea Tan, in an early<br />
showdown of the women’s favorites in the<br />
Beach Volleyball Republic On Tour Monday at<br />
the Rizal Boulevard sand court here.<br />
Former UAAP champions KR Guzman and<br />
Krung Arbasto of Tiger Wings opened their<br />
championship bid in the men’s division with a<br />
21-19, 13-21, 15-12 win over Deanne Neil Depedro<br />
and Harold Parcia of USLS in Group B.<br />
Sea Lions advance<br />
Olivarez College primed itself up for the<br />
semifinals as it smothered Technological<br />
Institute of the Philippines, 82-67, yesterday<br />
in the University and Colleges Basketball<br />
League Season 3 at the Olivarez gym in Sucat,<br />
Parañaque yesterday.<br />
The Sea Lions struggled early but picked<br />
themselves up from the second quarter on,<br />
overcoming a 12-point deficit in the first<br />
quarter by dominating the next three on<br />
their way to the 15-point romp.<br />
Cignal eyes rebound<br />
Cignal seeks to regain its winning ways<br />
when it battles struggling Smart in the<br />
Philippine Superliga All-Filipino Conference<br />
today at the Filoil Flying V Centre.<br />
Action kicks off at 7 p.m. with the HD<br />
Spikers looking to bounce back from a sorry<br />
loss to Petron recently in this prestigious<br />
women’s club tourney bankrolled by Isuzu,<br />
Senoh, Sogo, Mikasa, Asics, Mueller, UCPB<br />
Gen and Bizooku with Genius Sports as<br />
official technical provider.<br />
Meanwhile, the Blaze Spikers are out to<br />
Howell reclaims touch<br />
WASHINGTON — Charles Howell snapped an 11-year US PGA Tour<br />
win drought Sunday in epic fashion, sinking a <strong>20</strong>-foot birdie putt on<br />
the second playoff hole to capture the RSM Classic.<br />
The 39-year-old American had not won since Riviera in <strong>20</strong>07 — a<br />
gap of 4,291 days — and had lost four of five prior playoffs before<br />
conquering compatriot Patrick Rodgers to win at Sea Island, Georgia.<br />
Squandering his lead with a bogey-double bogey start, Howell<br />
battled back all day to match Rodgers, whose 61-62 weekend nearly<br />
took him to his first PGA title.<br />
Howell also secured a berth in his hometown event — next year’s<br />
Masters at Augusta, Georgia — for the first time since <strong>20</strong>12 by ending<br />
his drought after 333 events and 1,154 rounds.<br />
It was third time charmed for Howell, who had three birdie putts<br />
on the 18th hole of the Seaside course to win the title, the first in<br />
the last round and the second on the first playoff hole before his<br />
sank the last.<br />
It was the third career PGA win for Howell, whose first came in<br />
<strong>20</strong>02 at Williamsburg, Virginia. AFP<br />
WEBB Simpson of the United States putts on the 15th green during the final<br />
round of the RSM Classic.<br />
AFP<br />
extend their winning run when they collide<br />
with winless Sta. Lucia at 4:15 p.m. while<br />
Cocolife guns for a fitting follow up to its<br />
first victory when it tackles Foton in the 2<br />
p.m. appetizer.<br />
Petron, the reigning champion of this<br />
battle that also has ESPN5, Aksyon TV and<br />
Hyper HD as broadcast partners, remains<br />
on top of the team standings with a 5-0<br />
win-loss card while Foton and F2 Logistics<br />
are not far behind with 4-1 and 4-2 slates,<br />
respectively.<br />
have seen the tennis he has played in the last few months before.<br />
He barely lost a match but thankfully he did to me.<br />
“We (Djokovic and Zverev) had so many talks, not only about<br />
tennis but all different types of subjects — I won’t mention<br />
what — but you are a sharing person and you have shared some<br />
titles with me. I appreciate you letting me win one today.”<br />
The Serbian top seed, 31, came into the match seeking to equal<br />
Federer’s record of six ATP Finals wins but was immediately aware he<br />
had a fight on his hands at London’s O2 Arena.<br />
I want to congratulate Novak and we may never have seen<br />
the tennis he has played in the last few months before.<br />
He barely lost a match but thankfully he did to me.<br />
Djokovic beat Zverev 6-4, 6-1 in their round-robin match on Wednesday<br />
but it was a different story in front of a packed and vociferous crowd<br />
on Sunday.<br />
Whoever follows Sarr<br />
as Adamson’s foreign<br />
reinforcement will have a big<br />
shoes to fill<br />
Every season ends and with this comes<br />
players who will finally move on to make their<br />
marks in other leagues or fields.<br />
Here, I’ll look at 10 current UAAP players<br />
who are in their final season of eligibility and<br />
who have left a strong impression on their<br />
respective programs.<br />
Papi Sarr (Adamson) — Sarr is already<br />
in his fourth season with the Falcons. Our<br />
UAAP Season 81 records show he is in his<br />
final season, though I’ve also heard he may<br />
still actually be eligible for one more. For<br />
the sake of this piece, I’ll consider him in<br />
his final year. Sarr, of course, has made a big<br />
splash for the Soaring Falcons. He gave them<br />
a steady presence in the paint and who, when<br />
healthy, was one of the top rebounders and<br />
inside scorers in the UAAP. Whoever follows<br />
him as Adamson’s foreign reinforcement will<br />
have a big shoes (literally and figuratively)<br />
to fill.<br />
Anton Asistio (Ateneo) — Asistio is a rare<br />
breed in the UAAP. From elementary until his<br />
university playing years, he saw action for<br />
just one school, though his worth certainly<br />
goes beyond school loyalty. Many fans viewed<br />
Asistio — even way back in high school — as<br />
someone who would surely have a tough time<br />
in the big leagues. They said he was too small,<br />
frail and pretty much a one-trick pony but he<br />
blossomed into a really important piece of<br />
the championship puzzle for Ateneo. A pure<br />
shooter, Anton can certainly offer something<br />
to teams at the next level looking for guys<br />
who can consistently hit triples.<br />
Kib Montalbo (De La Salle) — Even rival<br />
fans respect Montalbo who may not have<br />
the smoothest moves or the deepest level<br />
of talent but he surely “out-hearts” most<br />
opponents he faces. The Negros native is the<br />
heart and soul of the Green Archers and his<br />
all-out hustle and energy just makes him such<br />
a terrific player to have on one’s team. He<br />
had pedestrian numbers this season but if we<br />
had a metric to measure heart, this kid would<br />
undoubtedly be among the league leaders.<br />
Arvin Tolentino (FEU) — Tolentino had<br />
UAAP exits<br />
Hot Take Hoops<br />
Enzo Flojo<br />
a colorful journey in the UAAP. He played his<br />
first two seasons in Ateneo, earning Rookie<br />
of the Year honors in Season 77 and helping<br />
the Eagles reach the Final Four twice before<br />
eventually making the jump to FEU. He is fresh<br />
from helping the Tamaraws win their eighth<br />
game of the season, securing a playoff for a<br />
Final Four berth against DLSU. He has one of<br />
the most varied skill-sets in the UAAP and is a<br />
prime prospect for the pros.<br />
Asistio can certainly offer something<br />
to teams at the next level looking for<br />
guys who can consistently hit triples.<br />
Richard Escoto (FEU) — Richard may not<br />
be as big or as long as his older brother but<br />
made up for it with a lot of energy and activity<br />
on both ends of the floor. He could be the best<br />
low post option for FEU right now and is also<br />
among their best rebounders. He doesn’t shy<br />
away from any contact in the paint.<br />
Troy Rike (NU) — Rike finished his oneand-done<br />
UAAP season this past weekend<br />
disappointed with the fact the Bulldogs finished<br />
second-to-the-last in the team standings. He<br />
will reportedly return to San Francisco to do<br />
some soul searching, though he is expected to<br />
return to play perhaps at the PBA D-League<br />
first and for the national team before the PBA.<br />
Rike never really dominated in the UAAP but<br />
his size, shooting, and character make him a<br />
viable big man for the pros.<br />
Dave Yu (NU) — This Cebu product will soon<br />
take the licensure exam for Civil Engineers,<br />
blazing an interesting if rarely taken trail for<br />
UAAP talents. He has, however, not completely<br />
closed the door on playing at the next level<br />
With both players going toe-to-toe from the back of the court, the<br />
first set went with serve until the ninth game, when Djokovic dumped<br />
a forehand into the net to concede the break.<br />
Roared on by the crowd, Zverev hit three aces on his way to sealing<br />
the first set 6-4.<br />
Still on a high, the third seed broke an out-of-sorts Djokovic<br />
immediately at the start of the second set to leave the top seed with a<br />
mountain to climb.<br />
Showing nerves for the first time, he double-faulted twice in his next<br />
service game as Djokovic got back on level terms but the German broke<br />
again to lead 2-1 as the Serb’s error count mounted.<br />
Zverev broke Djokovic for the third time in the second set in the ninth<br />
game, producing a stunning backhand down the line at full stretch to<br />
win the championship.<br />
The young German has often been talked about as the leader of the<br />
next generation but despite having three Masters titles under his belt<br />
in his short career, he has a poor record at the Grand Slams. AFP<br />
GERMANY’S Alexander Zverev displays the trophy after beating Serbia’s Novak Djokovic.<br />
and he surely has the skills to do so. The<br />
former Batang Gilas wingman won’t drop <strong>20</strong><br />
points on a consistent basis by any stretch<br />
of the imagination, but he is disciplined and<br />
fundamentally sound.<br />
Jason Varilla (UE) — This Chicago,<br />
Illinois native was poised for a breakout<br />
season for UE but inconsistency plagued him<br />
throughout Season 81. He showed flashes of<br />
brilliance but for him to make a splash at the<br />
next level, he’ll need to buy into a system that<br />
can help him flesh out the most in his game.<br />
His four years in UE have been mostly full<br />
of Ls, but he’s a good kid who will hopefully<br />
catch a break sooner rather than later.<br />
Diego Dario (UP) — This UPIS product had<br />
a lot of ups and downs at the Seniors’ Division<br />
but for sure he has left everything on the<br />
court. He could have used his veteran status as<br />
leverage to gain more playing time or even ask<br />
for more shots, but that’s just not what Diego<br />
was. He sacrificed for the team and played his<br />
role to the hilt. It seems his hard work has borne<br />
fruit, since he will be seeing action in the UAAP<br />
Final Four for the first time next weekend.<br />
Paul Desiderio (UP) — Like Dario, this<br />
Cebuano standout has endured so much<br />
heartbreak as a UP Fighting Maroon, but<br />
he bravely pushed on no matter what. He<br />
is so famous for the line, “Atin’ to. Papasok<br />
‘to!” — which has been a catchphrase of<br />
sorts not just in UP but in most corners<br />
of Philippine hoops. Desiderio isn’t the<br />
biggest or even most naturally talented<br />
wingman out there but his heart is bigger<br />
than most and enables him to rise to the<br />
occasion. We’ll no doubt see him in the<br />
PBA very soon.<br />
Tolentino has one of the most varied<br />
skill-sets in the UAAP and is a<br />
prime prospect for the pros.<br />
*Alvin Pasaol (UE) — Yes, I only wanted to<br />
list 10 but I really have a nagging feeling UE’s<br />
prized forward may be headed for the pros.<br />
Have we seen the last of Pasaol in the UAAP?<br />
Well, if his comments after Sunday’s loss to<br />
NU are anything to go on, then I’d be willing to<br />
wager on the affirmative. If he chooses to close<br />
this chapter in his career then he will leave<br />
with the highest single-season scoring average<br />
by any local in the league’s history and he will<br />
definitely be a first-round pick in PBA Draft.<br />
AFP
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
SPORTS<br />
15<br />
REST OF KEY MEN ‘LEGIT’<br />
‘Twas no dive, that loss<br />
It was their reward — a game to spare after playing<br />
consistent basketball throughout the elimination<br />
round<br />
By Joel Orellana<br />
Did Adamson University deliberately lose its final elimination<br />
round game to Far Eastern University (FEU) so De La Salle University,<br />
the school that beat the Soaring Falcons in the last two Final Four<br />
showdowns, has to go through a playoff against the Tamaraws?<br />
Adamson mentor Franz Pumaren said it was their reward — a<br />
game to spare after playing consistent basketball throughout the<br />
elimination round.<br />
And resting his 1-2 punch Jerrick Ahanmisi and Sean Manganti<br />
in their 56-82 loss to FEU last Sunday was a precautionary move as<br />
he did not want to aggravate the injuries of his key players.<br />
“I don’t think we wanted this kind of scenario. It just happened,<br />
nothing personal. I’ve been coaching for the longest time, I don’t<br />
rely on others’ destiny. We write our own,” Pumaren said.<br />
“If they want to validate that they (Ahanmisi and Manganti) are<br />
just playing sick, they can go to the hospital… they can check. If<br />
they think Manganti is faking his injury, go to Focus Athletics, we<br />
went there (for) his treatment,” he added.<br />
The Soaring Falcons are already assured of the No. 2 spot and<br />
the twice-to-beat advantage against third seed University of the<br />
Philippines in their Final Four match up.<br />
With nothing to gain, Pumaren opted to rest Ahanmisi and<br />
Manganti against the Tamaraws, who took advantage of the situation<br />
to force a playoff against the Green Archers for the last Final Four<br />
spot on Wednesday.<br />
Ahanmisi has sore throat while Manganti is being bothered by an<br />
ankle sprain, forcing them to sit out the team’s practice last week.<br />
I don’t think we wanted this kind of scenario. It just<br />
happened, nothing personal.<br />
Pumaren said he just played safe as there’s a more important<br />
game for the history-seeking Soaring Falcons on Saturday.<br />
“I don’t think any coach will push the issue, any school will push<br />
injured players if they are not 100 percent. Why push them? It might<br />
aggravate the injury,” he said.<br />
In Pumaren’s first seasons with Adamson, he lost to the<br />
Green Archers in the Final Four stage with the latter holding<br />
the twice-to-beat advantage.<br />
There’s a reversal of fortune this Season 81 as the Soaring Falcons<br />
are just one win away of playing in their first finals since 1992 while<br />
La Salle has to go through FEU in the playoff and if it prevails, it<br />
needs to beat top seed Ateneo twice to advance to the finals.<br />
Black sees<br />
hope in Draft<br />
The Draft is the next thing we’re looking forward to<br />
By John Bryan Ulanday<br />
Meralco coach Norman Black will just look forward to the upcoming<br />
Philippine Basketball Association (PBA) Annual Draft next month<br />
following a disappointing exit in the Governors’ Cup.<br />
Finalists in this season-ending conference the past two years, the<br />
Bolts got booted out of contention early in the semi-finals with a fourgame<br />
series loss to Alaska last Saturday.<br />
“It’s disappointing. Not winning the championship is always disappointing,”<br />
said Black. “But the Draft is the next thing we’re looking forward to.<br />
Hopefully, we can recruit something that can help our nucleus.”<br />
The Bolts possess the fifth pick, next to Columbian which will get<br />
the top choice for second straight year, Blackwater, Northport and<br />
Phoenix, respectively.<br />
Set on 16 December, this year’s Draft boasts of talented guards led<br />
by former National Collegiate Athletic Association Most Valuable Player<br />
CJ Perez from Lyceum, three-time champion Robert Bolick from San<br />
Beda and two-time Asean Basketball League Local MVP Rayray Parks Jr.<br />
Hopefully, we can recruit something that can help our<br />
nucleus.<br />
But with the Bolts having Baser Amer and Chris Newsome, Black<br />
said he is likely to tap key frontline piece which this guard-heavy<br />
Draft might lack.<br />
“We’re number five so you don’t get to choose first. Our needs are<br />
plenty. We need a five-man, four-man and three-man. We’re already<br />
settled in one and two positions with Baser Amer,” Black said. “We<br />
need to try to improve our frontline.”<br />
One among San Sebastian’s Michael Calisaan, San Beda’s Javee<br />
Mocon, Letran’s Bong Quinto, Ateneo’s Vince Tolentino and La Salle’s<br />
Abu Tratter may suit Black’s top list.<br />
CIVVIES-clad Jerrick Ahanmisi and Sean Manganti of Adamson University at the sidelines of the Falcons’ loss to the FEU Tamaraws on Sunday.<br />
POC, Phisgoc scramble for funds<br />
Withdrawal from the hosting<br />
assignment is no longer an<br />
option at this point<br />
By Julius Manicad<br />
The country’s hosting of the 30th<br />
Southeast Asian Games will push through<br />
despite the financial issues hounding the<br />
Philippine Olympic Committee (POC)<br />
and Philippine Southeast Asian Games<br />
Organizing Committee (Phisgoc).<br />
A ranking POC official revealed that<br />
withdrawal from the hosting assignment<br />
is no longer an option at this point as<br />
preparation for the prestigious biennial<br />
meet enters its crucial stretch, starting with<br />
the 100-day countdown on 30 November.<br />
Speaking on condition of anonymity<br />
due to the sensitivity of the topic, the<br />
source said everything is now in full<br />
swing with the venues and facilities at the<br />
New Clark City in Capas, Tarlac nearing<br />
completion and top officials set to finalize<br />
the calendar of events in the next days.<br />
He said pulling out of their hosting will<br />
not only cause an embarrassment but will<br />
also put a dent on the relationship between<br />
the country and the 10 other members<br />
of the SEA Games Federation Council,<br />
whose representatives will be here starting<br />
Thursday for the second and final general<br />
meeting.<br />
But financial troubles are hounding<br />
the POC and Phisgoc as the country’s SEA<br />
Games preparation is almost running on<br />
empty tank.<br />
In fact, Phisgoc is asking P35 million<br />
from the Philippine Sports Commission<br />
(PSC) to cover the SEA Games Federation<br />
Council, chief of mission meeting, technical<br />
delegates assembly and the 100-day<br />
countdown festivities.<br />
The government sports agency approved<br />
the financial request, but it bolstered<br />
claims that the Phisgoc and POC have<br />
been scampering to produce funds this<br />
close to the event.<br />
Now that the Games are drawing near<br />
and withdrawal is no longer an option,<br />
Phisgoc and the POC have no choice but<br />
to advance all expenditures.<br />
“Withdrawal is already too late in the<br />
game. It’s no longer an option. We’re now<br />
forced to prepare and fulfill our hosting<br />
commitment even with very limited fund<br />
to use for preparation,” said the source,<br />
a veteran member of the Olympic family.<br />
When the SEA Games hosting was being<br />
laid down last year, top sports executives,<br />
including former Phisgoc chief Sen.<br />
Miguel Zubiri, former POC president Jose<br />
“Peping” Cojuangco and PSC chairman<br />
William “Butch” Ramirez, plotted a very<br />
defined and concrete cash flow.<br />
Initially, the PSC was to serve as the<br />
disbursement agency while President<br />
Duterte was to appoint a chief finance officer<br />
to take care the fund coming from the Office<br />
of the President and the private sector.<br />
Davao businessman Dennis Uy was eyed<br />
for the position.<br />
But for some reason, the PSC was eased<br />
out of the picture and the Department of<br />
Foreign Affairs, headed by new Phisgoc<br />
chairman Alan Peter Cayetano, suddenly<br />
emerged as the disbursing agency to handle<br />
the P8 billion SEA Games budget.<br />
But when Cayetano stepped down as DFA<br />
secretary last month to join the midterm<br />
elections, he also left the POC and Phisgoc<br />
without a link to the flow of money for the<br />
SEA Games.<br />
POC chairman Abraham Tolentino, a<br />
member of the House of Representatives,<br />
reportedly raised the idea of tapping the<br />
PSC to disburse the funds anew.<br />
Sources, however, said Ramirez is ready to accept<br />
the job, but warned to be extremely cautious in<br />
disbursement as he did not want to be questioned<br />
by the Commission on Audit like it did to him the<br />
last time the country hosted the SEA Games in <strong>20</strong>05.<br />
The PSC boss was the chief of mission that<br />
year.<br />
“If we had a hard time managing P300<br />
million in <strong>20</strong>05, I think it will be very difficult<br />
(for the PSC) to handle P8 billion,” the source<br />
said.<br />
“I believe chairman Ramirez wants<br />
everything to be done aboveboard. If<br />
they are planning to tap the PSC as the<br />
disbursing agency, they have to be ready<br />
and expect some delays because the PSC<br />
will comply with all the requirements set<br />
by CoA (Commission on Audit),” he added.<br />
Akhuetie brightest among stars<br />
JOAQUIN FLORES<br />
Financial troubles are hounding the<br />
POC and Phisgoc as the country’s<br />
SEA Games preparation is running<br />
with an empty tank.<br />
TEN-YEAR old Thai kickboxer Chaichana Saengngern (right) does pushups at a training camp in<br />
Bangkok, Thailand as calls to bar children from competitive boxing grow louder following the death of<br />
another young boxer recently.<br />
AP<br />
The Nigerian center was the runaway<br />
winner for the highest individual<br />
accolade after topping the statistical<br />
points category, the lone basis for the<br />
MVP award<br />
Game Wednesday<br />
(at the Araneta Coliseum)<br />
4 p.m. FEU vs. La Salle (playoff)<br />
After snapping a 21-year absence in the Final Four,<br />
University of the Philippines won another accolade after<br />
its starting center Bright Akhuetie bagged the Most<br />
Valuable Player (MVP) honor of Season 81 University<br />
Athletic Association of the Philippines (UAAP) men’s<br />
basketball tournament.<br />
The Nigerian center was the runaway winner for the<br />
highest individual accolade after topping the statistical<br />
points (SP) category, the lone basis for the MVP award.<br />
Akhuetie accumulated 82.5 SP to become the first<br />
Fighting Maroon to win the MVP trophy since Eric<br />
Altamirano, who captured the Finals MVP honor in 1986,<br />
the year UP won its first and only UAAP crown.<br />
No regular season MVP was awarded that year.<br />
Akhuetie averaged 18.9 points and a league-best<br />
14. 6 rebounds in the double-round eliminations to<br />
lead the Diliman-based team its first Final Four stint<br />
since 1997.<br />
It was the third straight season that a foreign<br />
athlete won the MVP award as La Salle’s Ben Mbala<br />
bagged the honor in Season 79 and 80.<br />
Ateneo’s Ivorian center Angelo Kouame placed<br />
second to Akhuetie in the MVP race with 76.21 SP but<br />
the 19-year old freshman won’t be part of the Mythical<br />
Five as the league allows only one student foreign-athlete<br />
in the elite group.<br />
But Kouame will earn the Rookie of the Year honor,<br />
beating University of Santo Tomas’ all-around neophyte<br />
CJ Cansino, who finished seventh in the MVP race and<br />
nearly made it to the Mythical Five.<br />
Joining Akhuetie in the Mythical Five are University<br />
of the East’s Alvin Pasaol (74.57), Fighting Maroons<br />
southpaw guard Juan Gomez de Liano (63.85), La Salle<br />
center-forward Justine Baltazar (61.28) and Adamson<br />
scoring dynamo Jerrick Ahanmisi (58.38).<br />
Pasaol emerged as the league’s top scorer with 24.4<br />
points per game and was also No. 1 in steals with 1.9<br />
per contest while Gomez de Liano topped the assists<br />
department with 5.5 dimes per game.<br />
Kouame topped the blocks category with 3.2 swats<br />
per contest.<br />
Joel Orellana
"<br />
16<br />
WORLD<br />
FIRST IRAN TRIP<br />
Hunt for nuclear talks<br />
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
More than anything, we must see those<br />
innocent British-Iranian dual nationals<br />
imprisoned in Iran returned to their<br />
families in Britain<br />
TEHRAN — British Foreign Secretary Jeremy Hunt<br />
visited Iran for the first time on Monday for talks<br />
about the nuclear deal and freeing UK nationals held<br />
in Iranian jails.<br />
Hunt met his counterpart, Foreign Minister<br />
Mohammad Javad Zarif, but neither side took<br />
questions from reporters.<br />
It was the first visit to Tehran by a Western foreign<br />
minister since the United States withdrew from the<br />
multi-nation nuclear deal in May.<br />
Britain is determined to keep Iran in the<br />
agreement by finding ways to work around renewed<br />
US sanctions.<br />
“The Iran nuclear deal remains a vital component<br />
of stability in the Middle East by eliminating the<br />
threat of a nuclearized Iran,” Hunt said, in a<br />
statement issued in London.<br />
“It needs 100-percent compliance though to<br />
survive. We will stick to our side of the bargain<br />
Will Kelly stay or won’t he?<br />
There are a couple of things where<br />
it’s just not his strength. It’s not his<br />
fault. It’s not his strength<br />
WASHINGTON — President Donald Trump isn’t<br />
committing to a previous pledge to keep chief of staff John<br />
Kelly for the remainder of his term, part of widespread<br />
speculation about staffing changes that could soon sweep<br />
through his administration.<br />
Trump, in a wide-ranging interview that aired on Fox<br />
News Sunday, praised Kelly’s work ethic and much of what<br />
he brings to the position but added, “There are certain<br />
things that I don’t like that he does.”<br />
“There are a couple of things where it’s just not his<br />
strength. It’s not his fault. It’s not his strength,” said Trump,<br />
who added that Kelly himself might want to depart.<br />
Asked whether he would keep Kelly in his post through<br />
<strong>20</strong><strong>20</strong>, the president offered only that “it could happen.”<br />
Trump had earlier pledged publicly that Kelly would remain<br />
through his first term in office, though many in the West<br />
Wing were skeptical.<br />
Trump said he was happy with his Cabinet but was<br />
thinking about changing “three or four or five positions.”<br />
One of them is Homeland Security chief Kirstjen Nielsen,<br />
We are going to tackle the root causes<br />
of the challenges the region faces.<br />
whose departure is now considered inevitable.<br />
Trump said in the interview that he could keep her<br />
on, but he made clear that he wished she would be<br />
tougher in implementing his hard-line immigration<br />
policies and enforcing border security.<br />
The list of potential replacements for Nielsen includes<br />
a career lawman, two military officers and a former<br />
acting US Immigration and Customs Enforcement head.<br />
But her eventual replacement will find there’s no getting<br />
around the immigration laws and court challenges that<br />
have thwarted the president’s agenda at every turn — even<br />
if there’s better personal chemistry.<br />
Trump also discussed the removal of Mira<br />
Ricardel, a deputy national security<br />
adviser who is being moved to<br />
another position in the<br />
administration after<br />
clashes with the East<br />
Wing culminated in<br />
an extraordinary<br />
statement from first<br />
lady Melania Trump<br />
that called for her<br />
removal. AP<br />
as long as Iran does.<br />
“But we also need to see an end to destabilizing<br />
activity by Iran in the rest of the region if we are<br />
going to tackle the root causes of the challenges the<br />
region faces.”<br />
Hunt was due to discuss Iran’s role in the conflicts<br />
in Syria and Yemen and the ongoing cases of detained<br />
British-Iranian dual nationals.<br />
One notable case is that of Nazanin<br />
ZaghariRatcliffe, who is serving a five-year<br />
jail sentence for alleged sedition.<br />
“More than anything, we must<br />
see those innocent British-Iranian<br />
dual nationals imprisoned in Iran<br />
returned to their families in Britain,”<br />
he said.<br />
AFP<br />
XICHANG — China sent two new<br />
satellites of the BeiDou Navigation<br />
Satellite System (BDS) into<br />
space on a Long March-3B<br />
carrier rocket from the<br />
Xichang Satellite<br />
Launch Center in Sichuan Province at<br />
2:07 a.m. Monday.<br />
The satellites entered a medium<br />
earth orbit more than three<br />
hours later and will<br />
work with 17 other<br />
BDS-3 satellites<br />
already in<br />
space. They<br />
are also the<br />
42nd and<br />
Space-bound China sends two new satellites<br />
of the BeiDou Navigation Satellite System into space<br />
on a Long March-3B carrier rocket from the Xichang<br />
Satellite Launch Center in Sichuan Province. XINHUA<br />
China launches twin<br />
navigation satellites<br />
43rd satellites of the BDS satellite family.<br />
With the successful launch, the basic<br />
BDS constellation deployment is complete.<br />
China plans to provide navigation services<br />
with the BDS-3 to countries participating<br />
in the Belt and Road Initiative by the end<br />
of this year.<br />
The system will provide first-class<br />
services around the globe by the end of<br />
<strong>20</strong><strong>20</strong>.<br />
“This is a key step for BDS developing<br />
from a domestic experimental system to<br />
a regional and then a global navigation<br />
system,” said Yang Changfeng, chief designer<br />
of the BeiDou system.<br />
Xinhua<br />
Day of the poor<br />
VATICAN CITY — Pope Francis<br />
looks at his meal as he has a lunch<br />
with destitute people at the Paul VI<br />
audience hall in Vatican to mark the<br />
World Day of the Poor.<br />
Pope Francis railed against social<br />
inequality, lamenting “the din of the<br />
rich few” drowning out the voice of<br />
the needy.<br />
The pontiff noted that “injustice is<br />
the perverse root of poverty.” AFP<br />
Haiti unrest<br />
PORT-AU-PRINCE — Six people were killed and at least five others were wounded<br />
Sunday during demonstrations across Haiti protesting allegations of embezzlement<br />
from a Venezuelan program that provided the country with subsidized oil, police said.<br />
President Jovenel<br />
Moise called for dialogue<br />
with opposition groups<br />
that are seeking his<br />
resignation for failing to<br />
investigate corruption.<br />
Thousands of Haitians<br />
marched Sunday to the<br />
National Palace in the<br />
capital, calling for a probe<br />
into the spending of $3.8<br />
billion Haiti received<br />
as part of the regional<br />
Petrocaribe program. AP<br />
Seeing double<br />
MILAN — Italy’s second division was seeing double on Sunday after twin brothers<br />
scored for opposing teams in a mid-table Serie B clash between Benevento and Spezia.<br />
Matteo and Federico Ricci, both 24 and products of Roma’s youth system, found the net between<br />
two goals from Nigerian<br />
David Okereke in a 3-1 win<br />
for Spezia over Benevento,<br />
who were relegated from<br />
the top flight last season<br />
following a record-breaking<br />
losing streak at the start of<br />
a campaign.<br />
“I was hoping that this<br />
would happen, with a goal<br />
for me and a goal for my<br />
brother, I’m obviously<br />
delighted,” said Spezia<br />
midfielder Matteo. AFP<br />
BRIEFS<br />
MATTEO and Federico Ricci.<br />
Out! Out! Journalists film people under a statue of Aztec ruler Cuauhtemoc protesting the presence of thousands of Central<br />
American migrants in Tijuana, Mexico. They accused the migrants of being messy, ungrateful and a danger to Tijuana. AP<br />
Taliban, US at negotiating table<br />
ISLAMABAD — The Taliban<br />
have held three days of talks<br />
with US envoy Zalmay Khalilzad<br />
in the Gulf state of Qatar, where<br />
the Afghan insurgent group has a<br />
political office, a Taliban official<br />
Bring on the<br />
cuteness<br />
Demonstrators use<br />
a Pikachu mascot<br />
on the second<br />
day of the “Yellow<br />
Vest” movement<br />
against high fuel<br />
prices which has<br />
mushroomed into<br />
a widespread<br />
protest against<br />
stagnant spending<br />
power under<br />
French President<br />
Emmanuel<br />
Macron. AFP<br />
Beijing tightens ban<br />
on waste imports<br />
BEIJING — The Chinese government has<br />
introduced a tightened ban on solid waste<br />
imports, according to an official document.<br />
Effective 31 December <strong>20</strong>18, 32 types of solid<br />
waste will be banned from imports, according to<br />
the document released by the Ministry of Ecology<br />
and Environment, the Ministry of Commerce, the<br />
National Development and Reform Commission<br />
and the General Administration of Customs.<br />
The newly added products include<br />
hardware, ships, auto parts, waste and scrap<br />
of stainless steel, titanium and wood.<br />
China’s imports of solid waste slumped<br />
further in the first 10 months of <strong>20</strong>18 as the<br />
government stepped up enforcement on a<br />
ban on solid waste imports.<br />
The country began importing solid waste as a<br />
source of raw materials in the 1980s and for years<br />
has been the world’s largest importer, despite a<br />
weak capacity in garbage disposal. Xinhua<br />
and another individual close to the<br />
group said Sunday.<br />
Without referring explicitly to the<br />
talks in Qatar, Khalilzad told a news<br />
conference Sunday in the Afghan<br />
capital Kabul “I am talking to all<br />
===================================<br />
interested parties, all Afghan groups...<br />
and I think there is an opportunity for<br />
reconciliation and peace.”<br />
“The Afghan government wants<br />
peace,” he said. “The Taliban are<br />
saying they do not believe they can<br />
succeed militarily, that they would<br />
like to see the problems that remain,<br />
resolved by peaceful means, by<br />
political negotiations.”<br />
I think there is an opportunity<br />
for reconciliation and peace.<br />
Peace efforts have accelerated since<br />
Khalilzad’s appointment as Washington’s<br />
peace envoy to Afghanistan aimed at<br />
eventually winding down America’s<br />
longest war. Seventeen years after the<br />
US-led invasion that ended Taliban<br />
rule, the militants control nearly half<br />
of Afghanistan and carry out near-daily<br />
attacks on local security forces and<br />
government officials. AP<br />
======================================<br />
Case Law<br />
By VICTOR C. AVECILLA<br />
Pasok v. Office of the Ombudsman<br />
G.R. No. 218413, June 6, <strong>20</strong>18 /<br />
Second Division / Carpio, J.<br />
Remedial Law; Grave Abuse of Discretion. — There<br />
is grave abuse of discretion when an act of a court<br />
or tribunal is whimsical, arbitrary, or capricious as<br />
to amount to an “an evasion of a positive duty or a<br />
virtual refusal to perform a duty enjoined by law or to<br />
act at all in contemplation of law, such as where the<br />
power is exercised in an arbitrary and despotic manner<br />
by reason of passion or hostility.” Grave abuse of<br />
discretion was found in cases where a lower court or<br />
tribunal violates or contravenes the Constitution, the<br />
law or existing jurisprudence. (VOLUME I NUMBER 92)<br />
==================================<br />
===============================<br />
Page16_Nov<strong>20</strong>.indd 16<br />
19/11/<strong>20</strong>18 11:11:16 PM
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
SPOTLIGHT 17<br />
Antonietta, Mr. Assimo<br />
in ‘Bubble Gang’ special<br />
MICHAEL V.<br />
The change in Bubble Gang is constant because of the<br />
continuous change in the audience profile<br />
TV’s most vile characters<br />
are going to bring the<br />
house down on the<br />
night of 23 November.<br />
Sharp-tongued and illtempered<br />
Mr. Assimo<br />
and telenovela hater<br />
and nitpicker Antonietta<br />
will make appearances<br />
in the telemovie<br />
of the longestrunning<br />
gag<br />
show Bubble<br />
Gang.<br />
The Michael V-headlined gag show<br />
is celebrating 23 years of being on<br />
the air, giving laughs to Filipinos<br />
come late Friday night.<br />
As it celebrates its anniversary,<br />
Bubble Gang will present a narrative<br />
uniquely intertwining the show’s<br />
popular segment forms — talk,<br />
interview, musical parody,<br />
sketches, commercial spoof<br />
and gag-dubbed as “Bente<br />
Tres Oras.”<br />
This year’s TV special<br />
tells the adventures of<br />
Bea Bangenge (Michael<br />
V) and Toto Batoto<br />
(Antonio Aquitania) as<br />
they embark on a journey to find a<br />
Wi-Fi connection for Bea.<br />
It is on this trip that they will meet<br />
the fascinator-wearing, hard-to-please<br />
Antonietta (Betong) and the acidtongued<br />
Mr. Assimo (Michael V). Other<br />
famous characters who will cross<br />
paths with Bea and Toto are mob king<br />
Don Cantoni (Paolo Contis), wisdomcracking<br />
hermit Tata Lino (Michael<br />
V), Mommy Vicky and Mommy Karen<br />
of Balitang Ina (Chariz Solomon and<br />
Valeen Montenegro), Lebrown James<br />
(Contis) and many more.<br />
For comedy genius Michael V.,<br />
Bubble Gang’s loyal viewers have<br />
always been their inspiration in<br />
creating new gags and sketches.<br />
“The change in Bubble Gang is<br />
constant because of the continuous<br />
change in the audience profile. But it’s<br />
a good change, as always. I learn new<br />
things from them. For me, that is<br />
always a challenge and it’s also<br />
a good thing because it adds<br />
to my knowledge as a<br />
comedian,” he said.<br />
The rest of the<br />
cast includes Sef<br />
Cadayona, Boy 2 Quizon,<br />
Mikoy Morales, Jak Roberto,<br />
Archie Alemania, Juancho Trivino,<br />
James Macasero, Roadfill, Diego<br />
Llorico, Kim Domingo, Andrea<br />
Torres, Jackie Rice, Denise<br />
Barbacena, Lovely Abella, Analyn<br />
Barro, Arra San Agustin, Arny Ross<br />
and Myka.<br />
Under the helm of director Bert<br />
de Leon, head writer Caesar Cosme,<br />
don’t miss Bubble Gang’s telemovie<br />
on 23 November after Pamilya Roces<br />
on GMA-7.<br />
A throwback shindig<br />
PAOLO<br />
Contis.<br />
With The Company’s vocals injected<br />
with Jon Santos’s brand of comedy,<br />
expect a night filled with throwbacks<br />
with the best “retro” beats<br />
Groove back to the<br />
1960s, ’70s, ’80s and<br />
’90s in a concert driven<br />
by nostalgia and one<br />
that will tickle the<br />
funnybones. See the<br />
Philippines’ premier<br />
vocal ensemble on stage<br />
with a class act comedian<br />
in “Throwback with The<br />
Company and Jon Santos”<br />
on 1 December at The<br />
Theatre at Solaire.<br />
Starting out as an outof-college<br />
regroup, The<br />
Company has evolved in<br />
its decades in the music<br />
industry. From singing<br />
traditional genres, it decided<br />
to move to a capella and vocal<br />
jazz as a new challenge and<br />
for the novelty of the pieces.<br />
The release of the members’<br />
singles “Everlasting Love,”<br />
“Muntik na Kitang Minahal”<br />
and the popular love song<br />
“Now That I Have You,”<br />
which is often used as movie<br />
theme songs, or in wedding<br />
halls, has immortalized<br />
their names. The original<br />
members, apart from Moy<br />
Ortiz, have moved on to<br />
pursue the next chapters of<br />
their lives but not without<br />
passing on the torch to their<br />
successors who have kept<br />
their legacy alive and very<br />
much felt today.<br />
A stark contrast to the<br />
steady melody of songs comes<br />
Jon Santos, a powerhouse<br />
comedian famous for his<br />
impersonations. His satirical<br />
impressions of the country’s<br />
most prominent political<br />
personas are complemented<br />
by his quick wit, allowing<br />
such a seemingly hilarious<br />
number to become the<br />
controversial stirrer of<br />
important conversations.<br />
He has transformed himself<br />
to the likes of former<br />
president Joseph Estrada,<br />
senator Miriam Santiago<br />
and Batangas governor Vilma<br />
Santos, who he admits is his<br />
favorite. Although he became<br />
known for his comedic<br />
prowess, Santos was able<br />
to establish his credibility<br />
as a theater performer who<br />
can add more spunk to<br />
any character he<br />
portrays. He<br />
has performed<br />
as lead in<br />
Priscilla,<br />
Queen of the Desert<br />
and more recently, Rak of<br />
Aegis.<br />
From singing traditional<br />
genres, they decided to<br />
move to a capella and vocal<br />
jazz as a new challenge<br />
and for the novelty of the<br />
pieces.<br />
The Theatre at Solaire’s<br />
advocacy of bringing Filipino<br />
pop music into the limelight<br />
means offering acts that<br />
the audience wants but<br />
also presenting ingenious<br />
collaborations.<br />
“This unexpected tandem<br />
will highlight another layer<br />
of Filipino pop music<br />
that goes beyond the<br />
tunes, lyrics and voices.<br />
The Company and Jon<br />
Santos together on one<br />
stage merges what the<br />
Filipinos love most — good<br />
music and witty comedy.<br />
You will witness a new<br />
wave of theatrics that’s<br />
as exciting but with more<br />
spontaneity and humorous<br />
reality jabs.” says Audie<br />
Gemora, Solaire’s director<br />
for Entertainment.<br />
With The Company’s<br />
vocals injected with Santos’s<br />
brand of comedy, expect a<br />
night filled of throwbacks<br />
with the best “retro” beats<br />
that will make you dance,<br />
laugh and remember good<br />
old days.<br />
For tickets, call<br />
TicketWorld at 891-9999.<br />
NEA Crossword Puzzle<br />
© <strong>20</strong>18 UFS, Dist. by Andrews McMeel Syndication for UFS<br />
ACROSS<br />
1 Prune (off)<br />
4 Spiciness<br />
8 Showed use<br />
12 Balloon filler<br />
13 Writer Kingsley —<br />
14 Lie adjacent<br />
15 Land in<br />
“la mer”<br />
16 Kind of roast<br />
17 Platter<br />
18 Did steno work<br />
<strong>20</strong> Incisors<br />
21 Whiskey grain<br />
23 Koch and<br />
Wynn<br />
24 Beansprouts<br />
bean<br />
27 Snags<br />
29 Montana and<br />
Flutie<br />
32 Does well<br />
33 Environmental<br />
prefix<br />
34 — kwon do<br />
35 Pie — mode<br />
36 Greek X<br />
37 Bona —<br />
38 Taint<br />
39 Versatile<br />
vehicles<br />
40 Not shut<br />
41 Codgers’<br />
queries<br />
42 1,101, in old<br />
Rome<br />
44 Throat<br />
warmer<br />
47 Of the past<br />
51 Actor Alan<br />
52 Tehran’s land<br />
55 Beam of light<br />
56 Flits about<br />
57 Dull drill<br />
58 Forum hello<br />
59 Altar area<br />
60 Auction site<br />
61 Earn<br />
DOWN<br />
1 Cafe au —<br />
2 Too suave<br />
3 Get ready<br />
4 Strong and<br />
tough<br />
5 Big bird<br />
6 Intend<br />
7 Recipe meas.<br />
8 Walks in the<br />
water<br />
9 Stage honor<br />
10 Auto body<br />
woe<br />
11 Inscribe<br />
indelibly<br />
19 Units of<br />
energy<br />
SUDOKU<br />
<strong>20</strong> NFL scores<br />
22 Bounces<br />
23 “I” trouble?<br />
24 Sir’s<br />
companion<br />
25 ASU rival<br />
26 At hand<br />
28 Exercise<br />
aftermath<br />
29 Ear cleaner<br />
(hyph.)<br />
30 Directed<br />
31 Visible<br />
37 Thwart<br />
39 TV band<br />
41 Delete<br />
43 Brooklyn’s<br />
— Island<br />
44 Long story<br />
45 Show<br />
appreciation<br />
46 Finds the sum<br />
48 Wind resistance<br />
49 Roof part<br />
50 “Da” opposite<br />
52 Anger<br />
53 Thieve<br />
54 — — premium<br />
Answer to previous puzzle<br />
by Ramon Lorenzo<br />
Write a numeral from 1 to 9 in each box so that each<br />
appears only once in each row, column and 3 x 3 box.<br />
Answer for yesterday’s puzzle<br />
PHOTO shows (from left) Sweet Plantado, Moy Ortiz, OJ Mariano, Jon Santos,<br />
Annie Quintos and Cecile Bautista.<br />
D A I L Y G O S P E L<br />
Tuesday of the Thirty-third Week in Ordinary Time<br />
At that time, Jesus came to<br />
Jericho and intended to pass<br />
through the town.<br />
Now a man there named<br />
Zacchaeus, who was a chief<br />
tax collector and also a<br />
wealthy man, was seeking<br />
to see who Jesus was; but he<br />
could not see him because of<br />
the crowd, for he was short<br />
in stature.<br />
So he ran ahead and<br />
climbed a sycamore tree in<br />
order to see Jesus, who was<br />
about to pass that way.<br />
When he reached the place,<br />
Jesus looked up and said to<br />
him, “Zacchaeus, come down<br />
quickly, for today I must stay<br />
at your house.”<br />
And he came down quickly<br />
and received him with joy.<br />
Luke 19: 1-10<br />
When they all saw this,<br />
they began to grumble,<br />
saying, “He has gone to stay<br />
at the house of a sinner.”<br />
But Zacchaeus stood there and<br />
said to the Lord, “Behold, half of<br />
my possessions, Lord, I shall give<br />
to the poor, and if I have extorted<br />
anything from anyone I shall<br />
repay it four times over.”<br />
And Jesus said to him,<br />
“Today salvation has come<br />
to this house because this<br />
man too is a descendant of<br />
Abraham. For the Son of Man<br />
has come to seek and to save<br />
what was lost.”
18<br />
SPOTLIGHT<br />
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
Bringing out the Buddha<br />
in all of us<br />
Siddhartha: The Musical, staged at The Theatre at Solaire<br />
recently, was a kind of play not only meant to entertain but<br />
also to instruct<br />
By John Iremil Teodoro<br />
“All the hurt we try to hide inside<br />
our souls/Can be erased if we take<br />
away/Desire, like fire, can die/If we<br />
try…” sings the Buddha while teaching<br />
the Noble Path.<br />
“Right thought, right understanding/<br />
Right speech, right action/Right<br />
mindfulness, right concentration/This<br />
is the Noble Path/The eightfold things<br />
JONNA Mae Daquipil (right) as Queen Maya and Francis<br />
Isidro as King Suddhodana.<br />
you need to do/To find enlightenment<br />
in you,” answers the chorus of his<br />
monks and lay followers.<br />
Siddhartha: The Musical, staged<br />
at The Theatre at Solaire recently,<br />
was a kind of play not only meant to<br />
entertain but also to instruct. “Dulce<br />
et utile,” as the good old Horace would<br />
say about the function of literature,<br />
and that’s what I got when I watched<br />
this musical last 28 October.<br />
The book, lyrics and music<br />
are by Cebuano composer<br />
Jude Gitamondoc. It is<br />
the story of the life of the<br />
Indian prince who became<br />
the Buddha, based on the<br />
Biography of Sakyamuni<br />
Buddha, written by Fo<br />
Guang Shan (Buddha’s Light<br />
Mountain) founder, Venerable<br />
Master Hsing Yun.<br />
The musical was<br />
directed by former Ballet<br />
Philippines artistic director<br />
Paul Alexander Morales;<br />
thus, the production dance<br />
numbers were simply lovely.<br />
Prince Siddhartha<br />
was born 2,600 years<br />
ago in Kapilavastu in<br />
ancient India. A seer had<br />
prophesized that he would<br />
be a great leader like<br />
his father or become a<br />
great spiritual teacher. His<br />
father did everything to<br />
stop this from happening<br />
to the point that he built<br />
Woven with creativity<br />
walls around the palace to insulate the<br />
young prince from the outside world<br />
and prepare him for kinghood. This did<br />
not stop Siddhartha from becoming a<br />
monk and later on a great Buddha.<br />
After more than 100 performances<br />
around the world and over 10 years<br />
since its premiere in <strong>20</strong>07, the<br />
musical was presented with live music<br />
performed by the Manila Symphony<br />
Orchestra under the baton of musical<br />
director Jed Balsamo.<br />
Prince Siddhartha was born<br />
2,600 years ago in Kapilavastu in<br />
ancient India. A seer prophesized<br />
that he will be a great leader<br />
like his father or become a great<br />
spiritual teacher.<br />
Leading the cast were Cebuano<br />
musical artists Benjie Layos as the<br />
Buddha, Junrey Alayacyac as Siddhartha,<br />
and Vince Sendrijas as Ananda, the<br />
loyal cousin of Prince Siddharta. The<br />
cast included the artists, students and<br />
scholars of FGS at the Guang Ming<br />
Institute for the Performing Arts in Cebu<br />
and Guang Ming College in Manila. They<br />
could sing!<br />
The snappy choreography was by<br />
Al Bernard Garcia, dramaturgy by<br />
Katherine Sabate, stage design by Ohm<br />
David with video and light projections<br />
by GA Fallarme, costumes — which<br />
were a visual feast — by James Reyes,<br />
and lighting design by Roman Cruz.<br />
Siddhartha: The Musical is indeed a<br />
beautiful fruition of Venerable Master<br />
Hsing Yun’s vision in founding the Fo<br />
Guang Shan Buddhist order in 1967 on<br />
four principles: To propagate Buddhist<br />
teachings through cultural activities;<br />
to foster talent through education;<br />
to benefit society through charitable<br />
The exhibit not only aimed to create awareness on traditional weavers and<br />
hand-woven textiles, but also introduce the concept of sustainable fashion to<br />
the market<br />
programs; and to purify human<br />
hearts and minds through Buddhist<br />
practice. The musical is about<br />
the Buddha that showcases the<br />
talents of scholars. It is an<br />
entertaining way of reaching<br />
out to people to invite them<br />
to consider the philosophy and<br />
practice of Buddhism.<br />
As a Catholic, I couldn’t help but<br />
think of Jesus’ teachings while watching<br />
the musical. Jesus and Siddhartha<br />
were great teachers. If they are<br />
still being followed until today, it<br />
is because their teachings are<br />
useful to us in our life here<br />
on earth. Much of the human<br />
sufferings nowadays, such as<br />
poverty, wars, environmental<br />
degradation and human rights<br />
violations will be eradicated if<br />
we follow their teachings.<br />
But we are greedy and selfcentered.<br />
We are the ones<br />
making our lives difficult because<br />
we could not let go of our earthly<br />
desires and so we hurt each other.<br />
When will we listen and follow Jesus<br />
or the Buddha? I have no answer but<br />
definitely we need artistic productions<br />
such as Siddharta: The Musical to<br />
remind us from time to time.<br />
Venerable Master Hsing Yun, in<br />
his book On Buddhist Democracy,<br />
Freedom, and Equality, says that<br />
“all can become Buddhas.” In<br />
the Catholic faith, all the faithful<br />
are being called to “sainthood.”<br />
Of course, this is very difficult<br />
to do but this is the only way. To<br />
become a Buddha is to achieve<br />
enlightenment and reach nirvana<br />
or perfect tranquility. To become a<br />
saint is to live with God in heaven<br />
in perfect bliss.<br />
JUN Rey<br />
Alayacyac<br />
as Prince<br />
Siddhartha.<br />
Watching Siddhartha:<br />
The Musical was both<br />
pleasurable and<br />
painful: pleasurable<br />
because of the artistic rendition<br />
of the Buddha’s life on stage, and<br />
painful because I know I am far<br />
from being worthy of nirvana nor of<br />
heaven. I went out of the theater with<br />
a quiet and humbled heart grateful<br />
for the blessing of hope, hope that<br />
someday, with much hard work and<br />
moral courage, I will achieve my own<br />
enlightenment.<br />
“Pinto X Aura: Inabel” recently<br />
brought together renowned<br />
homegrown designers Edgar<br />
Madamba, Niña Corpuz and Sherwin<br />
Otto Sacramento in an exhibition<br />
featuring their creations using cotton<br />
inabel or hand-woven fabrics from<br />
Ilocos.<br />
In this partnership between Pinto<br />
Art Museum and SM Aura Premier,<br />
the exhibit aimed to revive a dying<br />
tradition. With weavers getting<br />
older, fewer young people willing<br />
to learn the intricate patterns, and<br />
raw materials like handspun cotton<br />
thread and natural vegetable dyes<br />
getting scarcer, the exhibit not only<br />
aimed to create awareness on<br />
traditional weavers and handwoven<br />
textiles, but also<br />
introduce the concept<br />
of sustainable fashion to<br />
the market.<br />
The traditionally woven<br />
cloth comes from northern<br />
Luzon, particularly in the<br />
Ilocos Region and some<br />
areas in the Mountain<br />
Province. Commonly<br />
made from yarns of<br />
cotton and dyed<br />
from the sap of a<br />
plum called sagut,<br />
the Ilocos handwoven<br />
textile<br />
is known for<br />
being colorful<br />
and strong.<br />
Manually<br />
woven through a<br />
wooden loom, the<br />
textile is made<br />
from creativity,<br />
imagination,<br />
positivity,<br />
respect, discipline and keenness.<br />
Commonly made from yarns<br />
of cotton and dyed from the<br />
sap of a plum called sagut, the<br />
Ilocos hand-woven textile is<br />
known for being colorful and<br />
strong.<br />
METICULOUSLY designed Inabel A-line<br />
gown accented with salmon beads by Edgar<br />
Madamba.<br />
Dr. Joven Cuanang, Pinto Art<br />
Museum owner and one of the<br />
founders of House of Inabel, is<br />
an active supporter of Barangay<br />
Lumbaan Weavers Association. His<br />
interest in hand-woven textile started<br />
after learning about Magdalena<br />
Gamayo who, at 88 years old, was<br />
given the Gawad sa Manlilikha ng<br />
Bayan or National Living Treasure<br />
Award in <strong>20</strong>12.<br />
He was saddened when he found<br />
out that there were only three active<br />
weavers and the farmers have<br />
already stopped planting cotton,<br />
preferring tobacco instead.<br />
Dr. Cuanang then<br />
pushed for the revival of<br />
the cotton industry and in<br />
<strong>20</strong>15 encouraged farmers<br />
to plant cotton<br />
again. He provided<br />
them with a pump,<br />
the initial seedlings<br />
and a two-hectare<br />
tract of land. Today,<br />
they have a 22-hectare<br />
plot dedicated to cotton<br />
farming. They were also<br />
able to encourage more<br />
locals to try weaving.<br />
Currently, there are 18<br />
weavers.<br />
During the exhibit,<br />
the designers showcased<br />
the beauty and versatility<br />
of inabel. Madamba<br />
exhibited his intricately<br />
woven beaded gowns,<br />
a few of them with<br />
a twist of modern<br />
Filipiniana.<br />
Broadcast<br />
journalist<br />
and fashion<br />
designer Niña Corpuz of<br />
Niña Inabel, on the<br />
other hand, showed<br />
how inabel could be<br />
worn by all members of the<br />
Ottoman Red Label’s Collection<br />
of hats, shirts and sheets.<br />
family, highlighting<br />
her holiday<br />
collection for kids, as<br />
well as those for kids<br />
and moms, her take<br />
on denim and inabel,<br />
and her bestselling<br />
inabel V-neck square<br />
tops. Niña enjoys<br />
dressing up her<br />
daughters using<br />
the native<br />
textile and<br />
says that is<br />
where her career as a fashion<br />
designer started.<br />
Filipino-Italian Sherwin Otto<br />
Sacramento of Ottomondi Red<br />
Label took a more casual approach<br />
with street wear and t-shirts as<br />
well as hats and bags accentuated<br />
with inabel. Sacramento was one<br />
of this year’s winners of the Bench<br />
Design Awards.<br />
Guests included art collector<br />
and philanthropist Dr. Cuanang,<br />
Greenfield president and chairman<br />
of the Board Jeffrey Campos,<br />
Kannawidan Foundation’s<br />
Betty Factora Merritt,<br />
program host and curator<br />
Rene Guatlo, broadcast<br />
journalist Julius Babao,<br />
and travel writer Gabby<br />
Malvar and wife Ginggay.<br />
M i s s E a r t h<br />
Philippines <strong>20</strong>18 Silvia Celeste<br />
Cortesi, Miss Earth Eco-<br />
Tourism Philippines Halimatu<br />
Yushawu, Miss Water Philippines<br />
Berjayneth Chee and Barcino’s<br />
Teresa and Jordi Rostoll also<br />
attended the event.<br />
NIÑA Corpuz’s daughters Stella and<br />
Emily with their baby brother Lucas<br />
wearing clothes from their mom’s<br />
Inabel collection.<br />
PINTO x Aura brought together inabel designs by local designers Edgar Madamba, Niña Corpuz and Ottoman<br />
Red Label in an exhibition at SM Aura Premier.<br />
Installation art pioneer at the CCP<br />
The Cultural Center of the<br />
Philippines (CCP) presents its<br />
last venue grant exhibition for<br />
<strong>20</strong>18 entitled “CONTINUUM/<br />
The art of Alan Rivera/A<br />
reconstruction of memories.”<br />
Unveiled on 17 November at the<br />
fourth-floor galleries, it is the<br />
first retrospective exhibition of<br />
the late artist.<br />
His works were shown<br />
in exhibitions in the<br />
Philippines, Australia,<br />
Indonesia, Japan and the<br />
United States.<br />
Most of Rivera’s works are<br />
installations — conceptual, timeand<br />
space-related — thus, in effect,<br />
they are theories and philosophies<br />
culled from his psycho-sociocultural<br />
past that he struggled<br />
to externalize and elevate into<br />
artforms for most of his lifetime.<br />
Alan Rivera (1941 to <strong>20</strong>15) was<br />
born in Cebu City. He studied at<br />
the University of the Philippines,<br />
architecture at the University<br />
of Santo Tomas and industrial<br />
design in Mapua. Rivera joined<br />
his first group exhibition in 1966<br />
and had his first solo exhibition<br />
at the CCP Small Gallery in 1972.<br />
Other solo exhibitions followed at<br />
Luz Gallery, Alliance Francaise<br />
Manila, the Northern Territory<br />
University Art Gallery (Australia),<br />
the Ayala Museum, the Museo<br />
Iloilo Gallery and The Drawing<br />
Room, among others. His works<br />
were shown in exhibitions in the<br />
Philippines, Australia, Indonesia,<br />
Japan and the United States. He<br />
was also known as a co-founder<br />
of the informal artist group Shop<br />
6 in the 1970s. Commendation<br />
of Rivera’s practice include the<br />
CCP 13 Artists in 1972, an Asian<br />
Cultural Council grant in 1994-<br />
1995, the Art Association of<br />
the Philippines Competition<br />
in <strong>20</strong>00 and residencies in the<br />
Samba Likhaan Artist’s Village<br />
in Quezon City and in Perth<br />
and Darwin, Australia. Rivera<br />
was a multi-faceted artist who<br />
expressed himself through<br />
drawing, painting, sculpture,<br />
collage, installation, performance,<br />
writing, photography and film.<br />
“CONTINUUM/The art of<br />
Alan Rivera/A reconstruction of<br />
memories” may be viewed until<br />
3 February <strong>20</strong>19 at the CCP’s<br />
Bulwagang Fernando Amorsolo<br />
(Small Gallery), Pasilyo Victorio<br />
Edades (fourth floor Hallway<br />
Gallery) and fourth floor Atrium.<br />
Viewing hours are from 10 a.m. to<br />
6 p.m., Tuesday to Sunday, or until<br />
10 p.m. on nights with evening<br />
performances at the CCP Little<br />
Theater. For more information,<br />
contact the CCP Visual Arts and<br />
Museum Division at 832-1125 local<br />
1504/1505, mobile 0917-6033809,<br />
or email (ccp.exhibits@gmail.<br />
com).<br />
ALAN<br />
Rivera.
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
LIFESTYLE 19<br />
On reading over social media<br />
It’s a commitment. There are times when I have<br />
some space in the office, so I get to put in 500<br />
words a day. I feel empty when I’m not doing<br />
literary work. If it’s all work, I feel like I’m<br />
neglecting something important<br />
How does one develop the<br />
discipline to be a writer in this<br />
age of social media and blogs?<br />
For this three-time Palanca<br />
awardee, it has to do with<br />
choosing reading over spending<br />
time aimlessly scrolling on<br />
social media. If you ask his<br />
advice to aspiring writers<br />
today, it’s to own an e-reader<br />
that can hold multiple titles<br />
and allow one to read anytime,<br />
anywhere. That and writing<br />
daily.<br />
Joe Bert Lazarte is one of<br />
only two winners of the 68th<br />
Carlos Palanca Memorial Awards<br />
for Literature, who bagged two<br />
prizes in separate categories.<br />
He won first prize in the Short<br />
Story category for “Describe the<br />
Rapture” and second prize for<br />
the One-Act Play for “Senator<br />
Pancho Aunor’s Blue Balls of<br />
Despair and Disillusionment.”<br />
A senior creative<br />
communications manager for<br />
an integrated resort, Lazarte<br />
mostly wrote his winning pieces<br />
during free weekends. He cites<br />
celebrated writer Stephen King<br />
as his ultimate peg, writing 1,000<br />
to 1,500 words a day, even without<br />
inspiration. Even if it’s “crap,” as<br />
he puts it, he keeps it in a page<br />
and edits or revises from there.<br />
“It’s a commitment. There are<br />
times when I have some space<br />
in the office, so I get to put in<br />
500 words a day. I feel empty<br />
when I’m not doing literary<br />
work. If it’s all work, I feel<br />
like I’m neglecting something<br />
important,” Lazarte said.<br />
While he gets story ideas<br />
from everywhere, Lazarte said<br />
he always makes it a point to<br />
write with the national psyche<br />
in mind.<br />
“For the Palanca, I try to have<br />
something that would resonate<br />
with the national psyche. It has<br />
to be of national significance.<br />
For example, a revolution is<br />
not purely revolution. There’s<br />
a love story there somewhere,”<br />
Lazarte said.<br />
For this three-time<br />
Palanca awardee, it has<br />
to do with choosing<br />
reading over spending<br />
time aimlessly scrolling on<br />
social media.<br />
True enough, Lazarte’s<br />
short story “Describe the<br />
Rapture” is about a freelance<br />
copywriter tasked to write the<br />
brochure copy for Torre de<br />
Manila, infamously known as the<br />
“national photobomber.” Lazarte<br />
said he found inspiration for<br />
this story from a lot of things.<br />
Himself a freelance writer for<br />
12 years, all the ambiance and<br />
moods he had writing at home ─<br />
alone figured in the story.<br />
“It started as a draft in<br />
<strong>20</strong>05 and it evolved over<br />
the years. I was looking for<br />
something to complete it, then<br />
I saw The Shape of Water. One<br />
of the minor characters is a<br />
freelance artist who always<br />
got his work rejected. I liked<br />
the character. He was alone in<br />
the world and his only friend<br />
was his female neighbor. To<br />
make it more significant, I<br />
looked for a national issue and<br />
decided on Torre de Manila,”<br />
Lazarte said.<br />
Lazarte started joining the<br />
Palanca Awards five years ago<br />
and despite not winning in the<br />
first three, didn’t stop until his<br />
time came. Last year, he won<br />
third prize for his short story,<br />
“Don’t Blink.” It was his first<br />
time to write a one-act play<br />
for the 68th Palanca Awards<br />
and felt “awesome” when it got<br />
the judges’ nod. He revealed<br />
that he plans to keep writing<br />
and joining the competition<br />
until he gets about a hundred<br />
of them.<br />
THREE-TIME Palanca awardee Joel Lazarte.<br />
From page <strong>20</strong><br />
A dream girl<br />
named Charisse<br />
Alcantara, the ad agency, called<br />
me up. He was asking if I was<br />
interested in taking a job elsewhere.<br />
It was a hotel daw. He said, ‘And<br />
we know that they’re looking for a<br />
PR manager and we offered to help<br />
find one.”<br />
“I was interviewed by the GM,”<br />
recounted Charisse. “Then, I was<br />
interviewed by the owners, the<br />
Martels, Tony and Rudy. They asked<br />
me what my experience in hotels<br />
was. I said none, except as a guest.<br />
They said never mind. Anyway, I<br />
knew about public relations work,<br />
they said. Then, I was invited to a<br />
party even if they had not hired me<br />
yet. I think they wanted to check<br />
how I would behave in a social<br />
event.”<br />
Stranger to Lifestyle<br />
news hens<br />
If she had any qualms, it was<br />
that, Charisse relates, “I was new<br />
in the industry. I didn’t know any<br />
media person. So, we had to start<br />
from scratch before we opened.<br />
There were the likes of Jullie Yap<br />
Daza. She was already the Jullie<br />
Yap Daza. So, I called her and I<br />
introduced myself. ‘I am Charisse<br />
Garcia, I am the PR manager of a<br />
new hotel that is opening. May I<br />
invite you? I would like to meet you.’<br />
Charisse said, “First, never<br />
be complacent. Always be<br />
hungry to learn and on the<br />
lookout for ideas, be aware<br />
of the goings-on in the city<br />
and in the industry.<br />
“I had to introduce myself. So,<br />
the first time we met, it was at<br />
La Mancha, that restaurant with a<br />
windmill. She was very nice. After<br />
that, I called Ethel Timbol and<br />
Deedee Sytangco. Next, I called up<br />
Letty Jimenez Magsanoc and Tere<br />
Orendain, and so on. The press<br />
ladies all warmly received and<br />
supported me, a greenhorn, thus<br />
starting decades of friendship and<br />
relationships that I value to this day.”<br />
Century Park was fun. “I<br />
was always awed by the lavish<br />
productions and preparations for<br />
big events, like when the atrium<br />
of Century Park Sheraton was<br />
converted into one big banquet and<br />
performance hall for the Opera Ball.<br />
We had mammoth productions like<br />
Chefs on Parade organized by the<br />
Hotel and Restaurant Association<br />
of the Philippines for which I would<br />
chair the publicity committee.”<br />
There was also a special bonus<br />
for her while working at Century<br />
Park. She met her future husband,<br />
Jun, who was working in the same<br />
hotel. They would have a daughter<br />
named Cara.<br />
Charisse’s transfer to<br />
Mandarin Hotel in Makati,<br />
where she would meet<br />
more friends and level up<br />
to newer heights, came<br />
about because, “Our sales<br />
director in Century Park,<br />
who moved to Mandarin,<br />
CHARISSE Chuidian at the City of Dreams with Amba Marcos,<br />
Francine Arias and Romina Gervacio.<br />
asked me to move to Mandarin.<br />
I said what for when I could just<br />
wait for my retirement. I told GM<br />
Michael Gibb that since I had been<br />
with Century Park for 16 years, I<br />
could either stay put or I move to<br />
the corporate division.”<br />
“I was flown to Hong Kong for<br />
a day to also be interviewed by<br />
Mandarin Oriental Hotel Group’s PR<br />
head, after which followed an offer<br />
I couldn’t refuse,” she said.<br />
Working at Mandarin gave her<br />
a new and different high. Every<br />
year, the hotel would host its iconic<br />
Chinese New Year celebration. They<br />
also launched an exciting interactive<br />
hotel buffet called “Paseo Uno.”<br />
Most unforgettable was when<br />
she entertained Andrea Bocelli at<br />
Mandarin. “Then, his impresario,<br />
Mrs. Rosemarie Arenas, invited<br />
us to her private beach. I sat next<br />
to Andrea Bocelli as he quietly<br />
hummed and sang a few lines. He<br />
was singing to himself, actually<br />
but at that magical moment,<br />
everything for me stood still, save<br />
for Andrea’s voice. This once-in-alifetime<br />
experience was, of course,<br />
made possible by the fact that I am<br />
working in a prestigious hotel.”<br />
As a public relations director,<br />
Charisse has met international<br />
celebrities and leaders, even from<br />
way back her Century Park days.<br />
The list includes Claudia Schiffer,<br />
Sergio Mendes, Beyonce and,<br />
yes, Prime Minister Lee<br />
Kuan Yew.<br />
Eventually, Mandarin<br />
would close its doors,<br />
and Charisse<br />
moved to<br />
BUSINESSMAN Bob Miller and Charisse.<br />
her next hotel stint.<br />
Today, she is the<br />
vice president of<br />
Public Relations of<br />
the City of Dreams<br />
where, once again,<br />
she continues to be<br />
a leader in the hotel<br />
public relations<br />
field. Again, she<br />
has received<br />
international<br />
celebrities, as well<br />
as the billionaire<br />
high rollers of the<br />
world of casinos.<br />
She also received<br />
Robert de Niro,<br />
who co-owns Nobu,<br />
the iconic trendy<br />
and chic Japanese<br />
restaurant. This<br />
is a new game for<br />
Charisse, and yet she remains the<br />
same lady as she was in the 1970s<br />
-- sweet, humble and refined.<br />
Finally, I asked her what she<br />
would advise our young careeroriented<br />
women who would pursue<br />
the same path that she had taken.<br />
Charisse said, “First, never be<br />
complacent. Always be hungry to<br />
learn and on the lookout for ideas,<br />
be aware of the goings-on in the<br />
city and in the industry. Keep up<br />
with the trends and evolve with<br />
the times. Be truthful, because this<br />
helps you earn credibility and the<br />
respect of everyone you deal with.<br />
Do not be content with ‘puwede na.’<br />
(good enough). What’s worth doing<br />
is worth doing right.”<br />
“Do not be content with<br />
‘puwede na.’ (good enough).<br />
What’s worth doing is worth<br />
doing right.<br />
Charisse’s is the story of a<br />
hometown girl who came to Manila<br />
to pursue her studies, graduated<br />
from college, and went on to work<br />
in big companies, until finding<br />
herself a place in the hotel industry.<br />
If she stayed long, it’s because she<br />
never gave up. She has also been<br />
consistently credible.<br />
For those who want to succeed<br />
in the social world, here’s a tip<br />
from Proust: It’s not about yourself,<br />
it’s about the good that you do.<br />
Charisse never called attention<br />
to herself despite all her highprofile<br />
jobs. She just worked,<br />
and they noticed her. And,<br />
of course, it pays to be<br />
pleasant. As naturally<br />
pleasant as<br />
Charisse.<br />
Tackling ‘f‘ word<br />
There will be nine talks on<br />
zine, comics, publishing,<br />
printmaking, sticker, design<br />
multimedia and virtual reality<br />
The people behind Komura; Studio, a<br />
literary and creative space, wants to talk<br />
about the ‘F’ word that most creatives<br />
tend to shy away from: finances. The<br />
upcoming Komura; Studio event on 24<br />
November is an intimate conference on<br />
funding independent creative pursuits<br />
for storytellers, bringing industry shakers<br />
and creative doers from all over Southeast<br />
Asia to talk about what it means to turn<br />
passion into livelihood.<br />
The event features nine panelists from<br />
a whole slew of industries, all of whom<br />
will be giving their insights on the nuts<br />
and bolts of sustaining a creative venture.<br />
Panel from the Philippines include<br />
artist, curator and co-founder of Artbooks<br />
PH Ringo Bunoan; spoken word artist<br />
and radio host Kooky Tuason; Veer<br />
Technologies and VR Philippines founder<br />
Cristopher David; comics artist Manix<br />
Abrera; designer and Diyalogo co-owner<br />
Ian Quimbo; artist and educator Rommel<br />
Joson; and computer scientist and CIIT<br />
founder Niel Dagondon.<br />
Speakers from Southeast Asia include<br />
Indonesia-based artist and Krack! Studio<br />
co-founder Malcolm Smith; and Singaporebased<br />
book designer and The Press Room<br />
Singapore founder Kelley Cheng.<br />
There will be nine talks on zine,<br />
comics, publishing, printmaking, sticker,<br />
design multimedia and virtual reality.<br />
There will also be the Komura; directory<br />
launch, after-hours conversations and<br />
socials and Echoes PH live gigs<br />
Inspired by the runaway library in<br />
Haruki Murakami’s award-winning novel<br />
Kafka on the Shore, creatives Kayla<br />
Dionisio and Czyka Tumaliuan conspired<br />
to create a literary respite for honest<br />
exchanges of curiosities and playful<br />
explorations of storytelling in tech and<br />
print.<br />
What started as the first independent<br />
experience-driven book fair in the<br />
Philippines, Komura; has evolved after<br />
its launch on 16 November <strong>20</strong>17, spawning<br />
initiatives focused on providing holistic<br />
support for independent creators.<br />
Komura; will be held at Warehouse Eight<br />
on 24 November, 2 to 11 p.m. The event is<br />
limited to 1<strong>20</strong> seats. Regular tickets cost<br />
P3,000, while the student rate is P2,700.<br />
Tickets are inclusive of admission to<br />
nine talks on funding creative pursuits,<br />
a Komura; Studio kit, afternoon snacks,<br />
unlimited coffee by Candid and a gig.<br />
Tickets at the door will be P3,500, subject to<br />
availability. Go to Facebook event page bit.<br />
ly/komurastudionov and to registration<br />
page bit.ly/rsvpkomurastudio. Warehouse<br />
8 is at La Fuerza Plaza, 2241 Chino Roces<br />
ave., Makati City.
<strong>20</strong><br />
LIFESTYLE<br />
Dinah S. Ventura, Editor<br />
Tuesday, <strong>20</strong> November <strong>20</strong>18<br />
Daily Tribune<br />
Charisse’s transfer to Mandarin Hotel in Makati, where she would meet<br />
more friends and level up to newer heights, came about because, Our<br />
sales director in Century Park, who moved to Mandarin, asked me to<br />
move to Mandarin<br />
ESQUIRE food editor Tom Parker Bowles and Charisse Chuidian at The Tivoli.<br />
Before there was City of<br />
Dreams (COD), there was<br />
Charisse Chuidian. I put two<br />
together not only because<br />
Charisse has been working<br />
at the COD since <strong>20</strong>14. More<br />
importantly, Charisse is the<br />
perennial Dream Girl of every fledgling and<br />
mid-career public relations person in the<br />
tourism industry -- someone they admire,<br />
respect and try to emulate.<br />
With so many top-of-the-line hotels and<br />
urban resorts sprouting, there is now a<br />
continuous demand for in-house public<br />
relations people, and Charisse comes to<br />
mind because anyone who wants to succeed<br />
and survive in this industry, and be loved as<br />
well, had better possess assets and virtues<br />
that come close to her expertise and charm.<br />
What has Charisse to do with a column<br />
that purports to give its point of view on<br />
social climbing, or making it in a world<br />
that’s higher than the social environment<br />
where one lives and moves around now?<br />
Well, many things. But just to give you one,<br />
Charisse made it to the social top merely<br />
and clearly by not seriously, deliberately and<br />
obsessively wanting to make it there. She<br />
just worked hard and people recognized her<br />
professionalism and a lot more.<br />
Sweetheart of the PR world<br />
A veteran public relations lady told me,<br />
“All it takes to succeed in this field is to<br />
be like Charisse. You don’t need a bible,<br />
a handbook, or a mentor. Just be like<br />
Charisse.” The PR lady, however, prefers<br />
not to be identified “lest the other hotel PR<br />
ladies get jealous.”<br />
Well, I told her, Tita Mila is number one<br />
in my list, but then, we agreed the Guy’s<br />
daughter is Doyen Emeritus of Hotel PR<br />
while Charisse is the Sweetheart. That<br />
explains the difference, although Tita Mila<br />
can be just as sweet, but with the common<br />
touch that, being her father’s daughter,<br />
comes naturally to her.<br />
When wanting to become Charisse,<br />
one just needs to think of what class and<br />
propriety is all about. The sweet voice, the<br />
graciousness, they all come together in one<br />
person.<br />
Look, Charisse’s image is not of one<br />
to the manor born, if you know what<br />
I mean. But she was born to a feisty<br />
father, a hero in his own right, a<br />
champion of press freedom.<br />
“Yes, I have a journalist’s blood,”<br />
said Charisse, when I visited her<br />
at the City of Dreams. “We had<br />
a community newspaper called<br />
Sunday Punch.<br />
“What happened then<br />
was the newspaper had an<br />
expose on payroll padding.<br />
It was about a councilor<br />
who wanted to stop the<br />
presses, but the printing<br />
press people told him<br />
to talk to my dad. So,<br />
he went to my dad to<br />
tell him to stop the<br />
story. My dad said<br />
no. The guy smelled of<br />
liquor. And then he shot my<br />
father. He was convicted<br />
but instead of murder, it<br />
was homicide.”<br />
To honor his memory, a street<br />
was named after Ermin Garcia Sr. in<br />
Cubao, Quezon City. Interestingly, it is the<br />
same street where Charisse has lived for a<br />
long time.<br />
that I had to undergo physical examination,<br />
he didn’t like it. So, he said let’s go to<br />
Maryknoll. He was very impressed with a<br />
lady from Dagupan who was a graduate of<br />
Maryknoll. Her name was Edna Torio. She<br />
ran a school in Dagupan.”<br />
Charisse made it to the social top<br />
merely and clearly by not seriously,<br />
deliberately and obsessively wanting<br />
to make it there.<br />
“Our first year college was general AB<br />
course. In our second year, we had to choose<br />
our specific course. We were shown the<br />
curriculum and I saw that Communication<br />
Arts, a new degree, did not have Math. So<br />
I chose it. And the subjects were English,<br />
Communication, and everything in line<br />
with communication. So, I said, ‘Ay, this<br />
is for me.’”<br />
Communication Arts was the closest<br />
to her high school dream. Or her father’s<br />
dream for her. “My dad would ask me<br />
questions about what I wanted to become.<br />
And he would encourage me to become a<br />
journalist. When I was in high school, I<br />
joined this Voice of Democracy Contest. So,<br />
when I was filling out the application form<br />
for college admission, he said you can say<br />
you want to become a journalist.”<br />
Sub promo girl at ABS-CBN<br />
After graduation, she worked at the ABS<br />
CBN, which was only a few minutes away<br />
from their family home.<br />
“I was a copy writer for program<br />
promotions. There were promo girls before,<br />
remember? So, we would write the copy for<br />
A DREAM GIRL NAMED<br />
CHARISSE<br />
A Mass Communications wannabe<br />
Charisse had originally aimed for a<br />
career in mass communications.<br />
Charisse grew up in Dagupan<br />
where she finished high school at<br />
the Blessed Imelda Academy. (Yes,<br />
you read it right, and heard it right<br />
if you’re the kind who mumbles<br />
what they are reading.)<br />
“Our school was eventually<br />
renamed Dominican<br />
School. It was founded by<br />
the Congregation of the<br />
Religious Missionaries of<br />
St. Dominic,” recalled<br />
Charisse. “Then, I went<br />
to Maryknoll. Most of<br />
my schoolmates and<br />
family friends went<br />
to UST or UP, so I<br />
intended to go to<br />
UP, but when my<br />
father found out CHARISSE in the mid 1970s as PR officer of Century Park Sheraton.<br />
them, the spiels,” she shared.<br />
Being a promo girl was glamorous. “So,<br />
when someone was late or someone couldn’t<br />
make it, they would pull me from the office.<br />
What? Do not worry, they said, you know<br />
what to say, ikaw naman ang sumusulat<br />
eh (You’re the one writing it, anyway). So,<br />
I would pinch-hit if somebody was sick.”<br />
I asked Charisse if she enjoyed her job.<br />
She replied, “It was showbiz, so it was fun.<br />
Our office was near a production room so we<br />
would see people running around. And then<br />
you would see all these actors and actresses<br />
walking into the lobby. Showbiz people like<br />
Pilar Pilapil, Maya Valdez. It was a different<br />
world. I left ABS-CBN in 1970.”<br />
A boss named EZ<br />
A different kind of ambience awaited<br />
her at Ayala Avenue. “I told myself I had<br />
a real office. We were at the Insular Life<br />
Building first. Then we moved to the Makati<br />
Stock Exchange.”<br />
It was her first job in public relations and<br />
her boss was Buddy Gomez. Yes, that Buddy<br />
Gomez of the Malacañang press office.<br />
“What happened was when I was in<br />
ABS-CBN, our Dean of Communications<br />
in Maryknoll, whose name was Wolfgang,<br />
called me up. He said there was an opening<br />
in Ayala for PR, ‘So why don’t you go? He<br />
prodded me to go and give it a try, so I did.<br />
So, I met Buddy Gomez. I think there were<br />
three who interviewed me. They gave me<br />
an entrance test and an essay test right<br />
there and then. And so, I was taken in. I<br />
lasted for four years.”<br />
The big boss of Ayala Corporation then<br />
was Enrique Zobel or EZ, although she<br />
reported directly to Buddy Gomez. Among<br />
her duties was to arrange parties and<br />
conferences.<br />
When wanting to become Charisse,<br />
one just needs to think of what class<br />
and propriety is all about.<br />
Of EZ, Charisse recalled, “Oh, we all loved<br />
him. He was one person that I adored. I really<br />
looked up to him. He was in the office early<br />
at 7:30 in the morning and he would leave<br />
the office at 4:30 in the afternoon.<br />
“I remember he had his own<br />
helicopter, so once he<br />
said we were<br />
PROUST IS BACK!<br />
Jojo Gumpal Silvestre<br />
going to Calatagan to see this project of the<br />
Ayala Foundation. So, he brought me and<br />
his secretary and we were on the chopper.<br />
So, we were waiting for the pilot and then,<br />
he sat on the pilot’s seat. And then he<br />
said, ‘Huwag kayong matakot, marunong<br />
akong magpalipad.’ (‘Don’t worry, I<br />
know how to fly a plane.’) Malutong ang<br />
kaniyang Tagalog. (Roughly translated:<br />
‘His Tagalog was crisp, spoken like a native<br />
speaker would.’) So, he flew the helicopter<br />
up to Calatagan. Punta Baluarte was just<br />
starting. He housed us there, and every<br />
morning, someone would pick us up to<br />
have breakfast in his house. And when we<br />
drove around the buggy in his hacienda.<br />
He knew everyone. Like he would ask them,<br />
‘Kumusta na, Ka Tibo? (if that was the<br />
name - How are you, Ka Tibo?), ‘Magaling<br />
na ang anak mo?’ (Is your child well?) The<br />
people loved and respected him. He was<br />
so down-to-earth.”<br />
Book seller<br />
Then, Charisse moved to a foundation.<br />
“My brother used to hold a position in<br />
the office of Father Lagerway. I was going<br />
to be the head of a department at the<br />
Communication Foundation of Asia (CFA).<br />
It was a small company but it was a move<br />
up. It happened that when I left, EZ was<br />
out of the country,” shared Charisse.<br />
She was Special Services Director at<br />
the Communication Foundation of Asia. “I<br />
was looking after the sales of the books<br />
that they published. Parang PR, but it was<br />
more sales and I thought it wasn’t for me<br />
because we sold books published by CFA.<br />
We would talk to companies or institutions<br />
so we could publish books for them. I<br />
stayed less than six months because,<br />
then, the hotels came.”<br />
“The president of<br />
Turn to page 19