Manila Standard Today - July 3, 2012 Issue

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CYAN MAGENTA YELLOW BLACK
Next page
Next page
Next page
Henares drops CJ bid; De Lima no shoo-in
Intruders go in
and out of PH
airspace, seas
PNoys cousin as LP
bet seen as big plus
No masters degree, no tenure
Filipino aid worker rescued
Cha-cha for AFP
budget shelved
Queen Soa to visit
Spain-funded projects
Presidential attention. President Benigno Aquino III watches as Health Secre-
tary Enrique Ona gives a baby an anti-diarrhea vaccine in Malacaang.
TODAY
Standard
Manila
Vol. XXVI No. 118 12 Pages, 2 Sections
P18.00 TUESDAY, July 3, 2012
www.manilastandardtoday.com mst@mstandardtoday.com
By Macon Ramos-Araneta
SENATOR Ralph Recto on Monday welcomed the addition
of presidential cousin Paolo Benigno Bam Aquino IV to
the Liberal Partys senatorial candidates next year, saying
the ruling party was like an old Mercedes Benz needing
fresh detailing to give it a classic but youthful glow.
Hes a welcome development not only for the admin-
istration party but for the Senate as well. Bam will pro-
vide a new perspective, Recto said.
Aquino IVs father is Paul Aquino, the young-
est brother of the assassinated former Senator
Benigno Aquino Jr. and the campaign strategist
of the late President Corazon Aquino in the 1985
By Eric Apolonio
QUEEN Soa of Spain arrived in Manila
on Monday for a ve-day visit that will in-
clude a Malacaang banquet and a tour of
historical sites that recall more than 300
years of Spanish colonial rule.
The queen, who arrived amid a
slight drizzle, led a delegation of Spanish
ofcials that includes Spains Vice Minis-
ter of Foreign Affairs Jesus Gracia Aldaz
and Chief of Secretariat of the Royal House-
hold General Jose Cabrera Garcia.
By Merck Maguddayao
A YOUNG instructor lost his full-
time status in a provincial state col-
lege near Manila after the Civil Ser-
vice Commission required teachers
to have masters degree to earn
their tenure, college ofcials said
on Monday.
The instructor, who asked not to
be named, said he had been a full-
time instructor for the past two
years, but the school administra-
tion reverted him back to job
order employee to comply
with Civil Service memoran-
dum issued last month.
The school administration
invoked memo 10 and placed
me under job order status, but
my work load has not changed,
the instructor said.
THE Filipino aid worker and his
three colleagues who were abduct-
ed in Kenya on Friday had been
rescued and were safe, the Foreign
Affairs Department said Monday.
Foreign Affairs spokesman Raul
Hernandez said Philippine Ambas-
sador Domingo Lucenario had
informed him that the kidnapped
Filipino, Glenn Costes, and his
companions were safe and on their
way to Nairobi.
He [Lucenario] was informed
By Ben Cal
WITH not a single functioning jet ghter in the
Air Force to deter intruders, there have been at
least 26 violations of Philippine airspace in the
rst quarter this year, military records show.
Those do not include the Chinese vessels
that go in and out of the Panatag (Scarbor-
ough) Shoal, a disputed cluster of small islands
claimed by the Philippines and China in the
West Philippine Sea.
With a coastline twice as long as that of the
United States and 7,107 islands to protect and
not enough ships to do it, the Navy, too, has
been hard pressed to patrol Philippine waters.
It is common knowledge that foreign vessels
are barely challenged coming in and out of our
exclusive economic zone, Col. Raul L. del Ro-
sario, wing commander of the Air Defense Wing
based in Pampanga, said in a presentation at the
recently concluded Air Power Symposium at the
SMX Amphitheater in Pasay City.
By Maricel Cruz
THE House of Representatives may not have
enough time to push for specic amendments
in the 1987 Constitution, particularly to the
provisions intended to boost the countrys
military capability following Chinas intrusion
into Philippine territorial waters, ofcials said
MOnday.
House Majority Leader and Mandaluyong
Rep. Neptali Gonzales Jr. said the remaining
days of the third regular session of the 15th
Congress, slated to open on July 23 in time for
President Benigno Aquino IIIs State of the Na-
tion Address, would be devoted to other prior-
ity measures still pending in the House.
Misamis Occidental Rep. Loreto Ocampos,
chairman of the House committee on constitu-
tional amendments, agreed with Gonzales, say-
ing it would be too late for them to amend certain
By Rey E. Requejo
ACTING Chief Justice Anto-
nio Carpio and Justice Secre-
tary Leila de Lima were the lat-
est nominees to formally accept
their nominations to the post of
Supreme Court chief justice as
the Judicial and Bar Council on
Monday stopped accepting appli-
cations to the most-coveted post
in the judiciary.
Carpio and De Lima joined the of-
cial list of candidates even as Mala-
caang on Monday said President
Benigno Aquino III did not approve
of De Limas decision to accept her
nomination to the council.
Internal Revenue Commis-
sioner Kim Henares, meanwhile,
declined her nomination, saying
her agency was in the midst of
instituting reforms.
I feel that at this time, the re-
form we are undertaking in the
BIR is as signicant as as the ju-
dicial reform that needs to be un-
dertaken in the Supreme Court,
Henares said.
Presidential spokesman Edwin
Lacierda said Mr. Aquinos move
to respect De Limas decision to
accept her nomination was also
not an assurance that she was a
shoo-in for the vacancy resulting
Palace: Prosecute govt
officials, illegal loggers
Task force wants Manobo
land a national priority
Fallen trees. The forest cover
of the Manobo ancestral land lies
instead in a logpond. Inset shows
a long line of haulers loaded
with logs outside the Manobo
Agroforestation complex in
Agusan del Sur. The photos were
taken by a team of investigators
from the Anti-Illegal Logging
Task Force.
Scattered trees. Uncollected logs are strewn on the roadside
outside the Manobo Agroforestation complex in Agusan del Sur.
In a memo dated June 26, Ex-
ecutive Secretary Paquito Ochoa
ordered the task force to intensify
its campaign against illegal log-
gers, presidential spokeswoman
Abigail Valte said.
Furthermore, the members
of the [task force] were indi-
vidually directed to investigate,
take the appropriate action and
le the necessary cases against
any ofcial or employee within
their respective departments
who have been remiss or neg-
ligent in their duties, or may
have abetted the commission
of illegal logging activities in
their regions, Valte said.
A report submitted by the
task force to President Benigno
Aquino III in May said local ex-
ecutives and regional ofcials
of the National Commission on
Indigenous Peoples-Ancestral
Domain Ofce had conspired
with illegal loggers and min-
ers to abuse the 51,000-hectare
Next page
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By Joyce Pangco Paares
THE Anti-Illegal Logging Task
Force has been ordered to prosecute
all people, including public ofcials,
involved in illegal logging, Malaca-
ang said Monday.
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News
ManilaStandardToday mst.daydesk@gmail.com JULY 3, 2012 TUESDAY
A2
At the same time, Palmones en-
joined the top government agencies
to enforce the full force of the law
to suspend Romeros illegal coal
operations pending their respec-
tive investigations and independent
from that of the House.
Fernandez, chairman of the
House committee on ecology,
said he would denitely order a
probe to nd out if Romero had
indeed exposed Manila Bay to
House to probe piles of coal
By Christine F. Herrera
THE House will investigate the coal
mountains of businessman Reghis
Romero for allegedly violating a Su-
preme Court writ and environmental
laws after Agham Rep. Angelo Palmo-
nes led a resolution demanding a stop
to the abuse of the environment, Lagu-
na Rep. Danilo Fernandez said Monday.
pollution and workers and com-
munities to health risks.
I understand the Supreme Court
has issued a Writ of Kalikasan that
carries with it a continuing man-
damus to protect the bay and the
surrounding communities from
ecological degradation, Fernan-
dez told the Manila Standard. The
probe will focus on why, instead of
protecting the bay, a corporation
was allowed to pollute it.
In House Resolution 2526,
Palmones asked the House com-
mittees on ecology, labor and em-
ployment and health to conduct
an inquiry into the operation of
tdhe coal stockyards at the Har-
bour Centre Port Terminal Inc.
and Manila Harbour Centre.
The Manila Standard Today
recently released photos of moun-
tains of coal sitting by Manila Bay
exposing the residents therein, the
employees in the industrial zone
and all the workers in the coal
stockyard to grave health hazards in
clear violation of the publics right
to a balanced and healthful ecol-
ogy, Palmones said in HR 2526.
A site inspection of the DENR
and the media last June 29, 2012,
has shown workers using their
bare hands in handling coal and
without any protective mask or
suit at all contrary to the gov-
ernment rules on Occupational
Health and Safety.
In separate letters to Environment
Secretary Ramon Paje, Transport
Secretary Manuel Roxas, Energy
Secretary Jose Rene Almendras,
and Local Government Secretary
Jesse Robredo, Palmones demand-
ed that the agencies conduct their
respective investigations and order
the suspension of Romeros coal
operations pending the results of
their investigations.
Palmones said an inquiry
should focus on the protocol
measures and equipment on hand
to handle any eventuality. He
warned that a spontaneous com-
bustion in a coal stockpile could
develop when the coal had been
stockpiled for some time.
Let us be conscientious and
preventive. A coal stockyard
without the necessary safeguard
mechanisms and mitigating mea-
sures in place is an accident
waiting to happen, he said.
Cha-cha...
provisions of the Constitu-
tion related to the military
budget given the absence of
signicant developments on
the subject until the middle of
the year.
Its a complete surrender
as far as the Cha-cha bill is
concerned, said Ocampos on
the proposal, which remained
pending on his committee.
Gonzales cited two reasons
why the Charter change bill
could not be pushed this year
as broached by Senate Presi-
dent Juan Ponce Enrile: the
proposed 2013 General Ap-
propriations Bill and the 2013
mid-term polls.
The proposal of Senate
President Enrile is very no-
ble, but I dont think we have
enough time to push [for]
Charter amendments, said
Gonzales, chairman of the
committee on rules.
We are running out of time
because Congress will be very
busy deliberating on next
years national budget, and of
course all candidates are now
preparing for the 2013 elec-
tions.
Enrile blames the countrys
lack of military muscle as the
major reason for Chinas ag-
gression. He has asked Con-
gress to push through with
Charter change to give prior-
ity to military spending in the
national budget.
Maguindanao Rep. Simeon
Datumanong, a senior oppo-
sition lawmaker, shared En-
riles views.
I agree with Senate Presi-
dent Enrile to amend the
Constitution to make national
defense a priority for a bigger
budget to enable our coun-
try to defend its territory and
honor, Datumanong told the
Manila Standard.
Meanwhile, Antipolo City
Rep. Romeo Acop, vice chair-
man of the House committee
on public order and safety,
reiterated his appeal to the
President to create a special
body that would look into the-
funds generated from the sale
of military camps.
Acop, a retired police gen-
eral, said President Aquino
should look into the bottom of
the controversy that had led to
the failure to modernize the
Armed Forces.
Henares...
from the impeachment of Chief
Justice Renato Corona.
You cannot have an as-
surance from the President
because she still has to go
through the JBC screening pro-
cess, Lacierda said.
There was no go signal
from the President... There was
no approval from the Presi-
dent.
Lacierda said the Presidents
preference was for De Lima
and Henares to remain in their
respective posts.
I would not know if that has
changed, he said.
There were 27 aspirants
to the post of chief justice as
of 4 p.m. on Monday, and
they included Carpio and De
Lima. Also in the list of aspi-
rants were Associate Justices
Presbitero Velasco, Teresita
Leonardo-De Castro, Arturo
Brion, Roberto Abad and Ma-
ria Lourdes Sereno.
Solicitor General Fran-
cis Jardeleza also joined the
vetting process, while four
members of the academe
also accepted their nomina-
tion: former University of the
Philippines law dean Raul
Pangalangan, De La Salle
University law founding dean
Jose Manuel Chel Diokno,
University of the East law
dean Amado Valdez, and for-
mer Ateneo law dean Cesar
Villanueva.
Only one member of Con-
gress made it to the list: Ca-
gayan De Oro Rep. Rufus Ro-
driguez.
Three members of inde-
pendent government bodies-
--Presidential Commission
on Good Government Chair-
man Andres Bautista, Com-
mission on Elections com-
missioner Rene Sarmiento
and Securities and Exchange
Commission Chairman Tere-
sita Herbosa---also accepted
their nomination.
Completing the list were
Court of Appeals Justice Vi-
cente Veloso, Manila regional
trial court Judge Maria Ame-
lia Tria-Infante, retired Judge
Manuel Siayngco Jr., former
executive secretary Ronaldo
Zamora, and lawyers Katrina
Legarda, Soledad Cagampang-
De Castro, Rafael Morales, Vi-
cente Velasquez and Ferdinand
Jose Pijao.
A nurse named Jocelyn Es-
quivel and dismissed Judge
Florentino Floro were initially
included in the JBC list after
they applied for the chief jus-
tice post. Twenty-two nomi-
nees, meanwhile, rejected their
nomination. With Joyce Pan-
gco Paares and Maria Ber-
nadette Lunas
Intruders...
Based on the statistics from
the Department of Energy, we
are losing P7.1 billion per year
through poaching, and P19.4 bil-
lion per year from the destruction
of corals and illegal shing for a
staggering total of P26.5 billion
per year, Del Rosario said.
Worse is the developing situ-
ation in the West Philippine Sea
and Scarborough Shoal where
our resources and sovereignty as
a nation are threatened.
Another area of contention is
the Spratly Islands or the Kalay-
aan Island Group, which is said
to be rich in oil and gas and is
claimed in whole or in part by
China, the Philippines, Vietnam,
Brunei, Malaysia and Taiwan.
With the Philippines lagging
far behind in defense moderniza-
tion, the Air Force desperately
needs to jump-start the countrys
air defense system, military of-
cials say.
The last jet ghter, an F-5A/B,
was decommissioned in 2005,
leaving the countrys airspace
virtually unguarded. A variety of
other aircraft---about 200 in all-
--and a limited radar system do
little to deter intrusions.
In the stand-off with China
over the Panatag Shoal, the Phil-
ippines sent three ships, the BRP
Gregorio del Pilar, a 45-year-old
US Navy cutter, a Coast Guard
vessel and a ship from the Bureau
of Fisheries.
But China at one point dis-
patched 100 vessels, including
shing boats, to the disputed
shoal.
If the Air Force had jet ghters,
it could have deterred such intru-
sions, Del Rosario said.
The once proud and strong
Air Force has become an ill-
equipped and struggling Air
Force, he said.
From being the number one
air force in Asia in the 1950s un-
til the 1970s, the Philippines has
been surpassed by Bangladesh,
which has a much lower gross
domestic product but 77 multi-
role ghters.
The decline in the Philippines
air power could be traced to 1991,
when the country ended its bases
agreement with the United States.
When the Philippine Senate
voted not to extend the bases
agreement, the Americans left,
and so did their support for the
Air Force.
The modernization program of
the Armed Forces was also held
back by its focus on two internal
threats: the Muslim rebellion in
Mindanao and the communist in-
surgency.
While Congress passed the
Armed Forces Modernization
Law in 1995 and allocated P331
billion for the program, only
P30 billion has been spent to
procure military hardware over
the last 15 years.
The modernization program
also suffered a blow during the
1997 Asian crisis.
But Del Rosario says the
Aquino administration has
held out hope for a rapid
buildup in the countrys de-
fense capability.
In the pipeline, he says, are
surface attack aircraft and long-
range patrol planes, medium lift
aircraft, helicopters, and new ra-
dar equipment.
In its heyday, the Air Force op-
erated air defense alert centers at
the Basa Air Base in Pampanga
and Palawan, guarding the West-
ern Philippine Sea.
An array of sophisticated jet
ghter interceptors were standing
by on alert day and night, all-year
round, ready to take off at any
moments notice to intercept and
challenge any foreign aircraft or
ship picked up by radar intruding
into Philippine airspace or territo-
rial waters.
No...
In fact, Im overloaded this
semester, yet my overload pay
has been removed.
The Civil Service order could
swell the number of contractual
teachers working at all levels of
the countrys public school edu-
cation system. Their number was
estimated at 80,000 in 2011.
Other than lack of security
of tenure, a contractual teacher
also does not enjoy such ben-
ets as productivity incentive,
Christmas bonus, cash gifts, and
social security coverage. Their
salaries are also lower than
those received by regular teach-
ers, which range from P18,000
to P21,000 a month.
The instructor said quite a
number of them had been re-
verted to contractual status, but
that they were teaching up to
33 units, which was beyond the
Commission on Higher Educa-
tions standard of only 18 units.
He pointed to CHEDs Fac-
ulty Members Handbook say-
ing If the faculty member has
been teaching an average of at
least 18 units in the previous
four consecutive semesters, the
faculty member will be classi-
ed full-time.
Though we recognize that
the CSC is sincere in upholding
high standards for our profes-
sion as teachers, we feel that
memo 10 can be easily abused
by school administrators, the
instructor said.
The commission said the
memo should apply only to in-
coming instructors and advised
those who had been stripped of
their status and benets to le a
complaint at their nearest eld
ofce.
A bill has been led at the
House of Representatives seeking
to ban the hiring of public school
teachers as contractual workers,
saying service contracts do not
establish employer-employee re-
lationships and deprives teachers
of job benets.
The bill was led by Alliance
of Concerned Teachers party-
list Rep. Antonio Tinio in April,
and it wants penalties imposed
on school ofcials who hire
public school teachers through
job orders.
Pinoy...
by the Norwegian Refugee
Council that Costes and his
three colleagues were recov-
ered in the Kenya-Somali bor-
der, Hernandez said.
Unidentied gunmen abduct-
ed Costes and his co-workers
after shooting the driver and
injuring two others. An initial
report said Costes colleagues
were from Norway, Canada and
Pakistan.
The Norwegian Refugee
Council where the three are
employed was on a medical
mission in a Kenyan refugee
camp. The abduction took place
during the rst day of their aid
work.
A Bloomberg report quoted
Kenya military spokesman
Cyrus Oguna as saying that
combined Kenyan and Somali
troops rescued the aid work-
ers. Oguna told Bloomberg that
one gunman was killed while
two others escaped during the
operation. Sara Susanne D.
Fabunan
Queen...
She will spend two full days
in Manila and travel to Bicol and
Mindanao, the priority areas of the
AECID, the cooperation and devel-
opment agency of the Spanish gov-
ernment, a senior diplomatic of-
cial said.
It will be the Queens third visit to
the Philippines since 2000. Queen
Soa and King Juan Carlos spent
their honeymoon in the country after
their marriage in 1962.
Spain has spent more than P6 bil-
lion from 2010 to nance education
and health projects in the Bicol re-
gion and Mindanao.
Spanish Ambassador to the Philip-
pines Jorge Domecq said the Queen
wants to see rst hand how these
programs are beneting thousands
of Filipinos and to represent a com-
mitment of Spain to continuing with
a sustainable and inclusive develop-
ment for this country.
In Manila, the Queen will visit
Escuela Taller in Intramuros and
the University of Santo Tomas,
where she will lay a wreath at the
statue of Miguel de Benavides and
unveil a marker at the universitys
museum.
She will y to Legaspi City in Al-
bay to visit a housing project funded
by the Spanish development agency
and unveil a statue of Jose Pearan-
da, the rst governor-general of Al-
bay during the Spanish colonial era.
She will proceed to Zamboanga
City to visit another Spanish funded
housing project before ying back to
Manila on June 5.
The Queen was welcomed at the
airport by Foreign Secretary Albert
del Rosario, Social Welfare Sec-
retary Corazon Soliman, who will
serve as the Queens Secretary-in-
Attendance, Philippine Ambassador
to Spain Carlos Salinas, Paraaque
City Mayor Florencio Bernabe, and
Lt. Gen. Lauro de la Cruz, the Air
Forces commanding general.
PNoys...
snap elections and in the 1987
mid-year elections.
Aquino IV,, 35, is the neph-
ew of former Senators Agapito
Butz Aquino and Tessie Aqui-
no-Oreta, who have not returned
to politics. He is the Liberal Par-
tys fth candidate on record.
Senator Francis Pangilinan
vowed to support Aquino IVs
senatorial bid.
His credentials are outstand-
ing. If he wins, he will probably
be the rst summa cum laude
graduate in the senate, he said.
His having been a student
and youth leader is a big plus.
He will be the voice of the youth
in the upper chamber.
Meanwhile, the Elections
Commission has allocated P112
million to lease for one year a
warehouse for its 82,000 vote-
counting machines, which are
now stored in the Cabuyao, La-
guna, warehouse of Smartmatic
Asia Pacic, the company that
supplied the machines to the
commission.
The Foreign Affairs Depart-
ment said the Philippine Em-
bassy in Tokyo had success-
fully conducted its third mobile
Overseas Absentee Voting reg-
istration.
The Elections Commission
expects more than 600,000 ab-
sentee voters in next years sen-
atorial elections.
Pangilinan said 90 percent of
the Filipino voters were below
50 years old.
We need youthful leaders in
the Senate who will represent
the next generation of Filipinos
who hunger for progress and
genuine change.
Recto said he would be will-
ing to nominate Bam as one of
the Liberal Partys ofcial sena-
torial candidates.
If the President is having
second thoughts [about nomi-
nating him] because hes a close
relative, Im willing to nominate
him in the LP, said Recto, the
partys vice president for inter-
nal affairs.
I look forward to cam-
paigning with him and also
hopeful that I would work
with him eventually in the
Senate.
Aquino III conrmed over the
weekend that he was joining the
Senate race with the blessing
of President Aquino.
The LP hierarchy earlier an-
nounced that TESDA director
general Joel Villanueva, Aurora
Rep. Sonny Angara, Customs
Commissioner Ruffy Biazon,
and former Akbayan Rep. Risa
Hontiveros were among their
senatorial bets.
Another LP stalwart, Sena-
tor Franklin Drilon, said last
week that he had recruited for-
mer Senator Ramon Magsaysay
Jr. to join the partys senatorial
lineup.
He likewise said that Senator
Koko Pimentel, who has bolted
the United Nationalist Alliance
, would be a welcome addition
to the Liberal Partys coalition
ticket. Pangilinan said the same
thing. With Joel E. Zurbano
and Sara Susanne D. Fabunan
Palace...
Manobo Agroreforestation Com-
plex in Agusan del Sur.
The task force also urged Presi-
dent Aquino to declare the Mano-
bo Agroforestation Complex in
Agusan del Sur as national prior-
ity to fend off illegal loggers and
miners, and to keep them from
plundering one of the last remain-
ing forest frontiers in the country.
Laguna Rep. Danilo Fernan-
dez said Monday the House will
investigate the alleged collusion
between dishonest businessmen
and government ofcials to dis-
enfranchise the Manobo tribe in
Agusan del Sur.
Fernandez, chairman of the
House committee on ecology,
said it was incumbent upon the
House to investigate the laws that
had been violated when alleged
illegal loggers reportedly threat-
ened to drive the Manobo tribe
out of their ancestral land.
He said he was also equally
disturbed that some mining con-
cessions were issued to a foreign
rm allowing it to operate within
the ancestral domain.
Ifugao Rep. Teddy Brawner
Baguilat Jr., chairman of the com-
mittee on national cultural commu-
nities, also said he would le a reso-
lution supporting a House probe.
During the 25th anniversary
of the Environment Department
last month, Mr. Aquino said he
wanted to see illegal loggers be-
hind bars.
To ensure a higher convic-
tion rate, we are now tasking
the Bureau of Corrections to put
up additional jail space for those
vacationing illegal loggers who
think that I am not serious in our
anti-illegal logging campaign,
the President said.
He also tasked the Interior,
Environment and Justice Depart-
ments to submit monthly reports
on the arrests and successful con-
victions until all illegal loggers
were behind bars.
The President issued an execu-
tive order last year imposing a log-
ging moratorium in national and
residual forests to protect and stop
the destruction of watersheds.
On Monday, the Forest Man-
agement Bureau said illegal log-
ging had considerably decreased
during the last year in Luzon and
the Visayas, but Mindanao re-
mained a hot spot.
So far, the illegal logging task
force has contained illegal opera-
tions in the islands of Luzon and
the Visayas. But there are reports
of rampant violations in Regions
11 and 14 in Mindanao, said
Forest Management Bureau Di-
rector Ricardo Calderon.
On April 20, 2011, the Envi-
ronment Department imposed a
total logging ban on natural and
residual forests, allowing the har-
vesting of trees from plantation
forests only.
Of the countrys 15.8 million
hectares of forested land, about
7.1 million hectares remains to-
tally forested. Those that are not
forested or have been denuded
will be planted with fruit trees
under the governments national
greening program. With Maricel
Cruz, Othel V. Campos and Flo-
rante S. Solmerin
IN BRIEF
32 labor-compliant
nations listed
Watchdog warns
of toxic silver cleaners
JULY 3, 2012 TUESDAY
A3 News
ManilaStandardToday mst.daydesk@gmail.com
VP tightens up
on home sales
Anti-virus vaccine for kids launched
Vice President Jejomar Binay
said that the rules are intended to
deter pre-selling fraud.
HLURB chief executive of-
cer Antonio Bernardo warned
of developers selling their units
even without having complied
with the requirements.
Some developers offer attrac-
tive and low prices and incentives
to prospective buyers during the
pre-selling stage. This is done to
ensure a successful marketing
strategy while at the same time
avoiding paying a premium for the
cost of developing and completing
the project, Binay said.
Hence, the law has set certain
guidelines to safeguard the inter-
est of the buyers, he said.
Binay reminded developers
and realtors that under the Sub-
division and Condominium Buy-
ers Protective Decree, a project
developer, owner or dealer may
not sell any subdivision lot or
condominium units unless it rst
obtains a license to sell from
HLURB.
Binay said this mode of dispo-
sition includes a contract to sell,
a contract of purchase and sale,
an exchange, an attempt to sell,
an option of sale or purchase, a
solicitation of a sale, or an offer
to sell, directly or by an agent,
or by a circular, letter, advertise-
ment or otherwise.
The Subdivision and Housing
Developers Association prom-
and Joyce Pangco Araneta
PRESIDENT Benigno Aquino III and Health Sec-
retary Enrique Ona on Monday launched the ro-
tavirus vaccination for infants aged 1 1/2 to 3 1/2
months belonging to indigents.
The launching was held at Malacanang, with no
less than the President as keynote speaker. He also
led the ceremonial vaccination of eligible infants.
Ona said the vaccination program, which is part
of the health departments continuing immunization
program for infants and children, is the rst of
its kind in Southeast Asia.
On the same day, the president also attend-
ed the launching of the Z Benets, which
would provide coverage for life-threatening
diseases, of the Philippine Health Insurance
Corp.
Under this program, PhilHealth will pay
P100,000 for breast cancer, P210,000 for
standard risk childhood acute lymphocytic
leukemia and P100,000 for prostate cancer.
The government has identied the 22 hos-
pitals it contracted that would provide the Z
benet package.
These include the Philippine General Hos-
pital and the Philippine Childrens Medical
Center for leukemia; Jose Reyes Memorial
Medical Center, East Avenue Medical Cen-
ter, Rizal Medical Center and Quirino Me-
morial Medical Center for breast cancer and
prostate cancer; and the National Kidney Trans-
plant Institute for kidney transplants.
Meanwhile, Ona said the administration of the
P630 million rotavirus vaccines for infants belong-
ing to poor families is a step towards attaining the
governments Millennium Development Goals of
lowering infant and child mortality.
He said for this year, the vaccination program
will target an estimated 700,000 infants, listed
as from among the poorest of the poor fami-
lies in the National Housing Targeting System
for Poverty Reduction.
THE Department of Labor and Employ-
ment listed 32 foreign countries as compli-
ant with the protection of foreign workers,
thus assuring Filipino workers of their
safety and suitable work condition.
Labor Secretary Rosalinda Baldoz
said that the governing board of the Phil-
ippine Overseas Employment Adminis-
tration approved a resolution listing the
32 countries as among the 184 certied
as compliant with Philippine labor laws.
Under this qualication, the POEA
may continue to deploy workers to these
countries and the DFA will continue to
negotiate for the protection of household
service workers, Baldoz said.
The 32 countries are Algeria, Bahrain,
Bangladesh, Bhutan, Botswana, China,
Dominican Republic, East Timor/Timor
Leste, Iran, Kingdom of Saudi Arabia, Kiri-
bati, Kuwait, Kyrgyz Republic/Kyrgyzstan,
Lesotho, Maldives, Micronesia, Mongolia,
Montenegro, Mozambique, Panama, Papua
New Guinea, Qatar, Serbia, Solomon Is-
lands, Sri Lanka, Syria, Swaziland, Tajiki-
stan, Turkmenistan, United Arab Emirates,
Yemen, Zambia. Vito Barcelo
BUYERS are being warned of the toxic
contents of silver jewelry, the Ecowaste
Coalition said.
Many are unaware that cyanide-laced
cleaning solutions are openly sold in
jewelry shops and malls in Makati City,
Mandaluyong, Pasay, Manila, and Que-
zon City, according to Thony Dizon, co-
ordinator of EcoWastes Project Protect.
The unlawful trade of cyanide-laced sil-
ver cleaning agents has not stopped and so
are the deadly poisoning incidents involv-
ing the weak and the poor, Dizon said.
Dizon said test buys they conducted
over the weekend showed that these
harmful products are being sold in jew-
elry shops in Metro Manila.
Each bottle of silver cleaning solution
costs from P30 to P150.
Dizon said they have notied the Food
and Drugs Administration and the De-
partment of Environment and Natural
Resources about the matter.
The EcoWaste Coalition expressed
dismay over the continued sale of toxic
silver cleaner and their use as suicidal po-
tion by people suffering from emotional,
nancial, health and relationship issues.
At least ve people aged 17 to 62 have died
from January to June 2012 due to the delib-
erate ingestion of cyanide-containing silver
cleaner, according to the media monitoring by
the EcoWaste Coalition. Ferdinand Fabella
President Aquino (middle), Health Secretary Enrique Ona and PhilHealth chief Eduardo Banzon at the
launching of a program to combat the rotavirus.
By Sara Susanne D. Fabunan

DEVELOPERS, brokers, and
contractors are now required to obtain
permits from the Housing and Land Use
Regulatory Board before they could sell
housing units.
ised to cooperate with HLURB
and to remind its members to
comply with the rules on regis-
tration and issuance of license to
sell for residential subdivision
or condominium project.
The HLURB, neawhile, said
it is developing a legal moni-
toring system that will help fast
track the resolution of conicts
involving homeowners associa-
tions and realtors.
The system is an improve-
ment of the existing practice
which relies heavily on record
book, Binay said.
The monitoring system will
start at the ling of veried
complaint/petition until Execu-
tion Pending Appeal. It is also
expected to improve coordina-
tion between arbiters and their
paralegal staff with the latter
having the primary responsibil-
ity to keep and maintain a record
of the case.
The Board revised the Rules
of Procedure which signicantly
sped up the disposition of cases
since its implementation.
Opinion Adelle Chua, Editor
ManilaStandardToday
mst.lettertotheeditor@gmail.com JULY 3, 2012 TUESDAY
A4
THERE is nothing wrong about accepting a
nomination as chief justice of the Supreme
Court. All other chief justices began by
accepting their respective nominations.
The position is the apex of ones legal
career. The long years of preparation
from the arduous days in law school, the
bar exams, and at least 15 years of actual
practice, preferably stellarunderscores
the fact that the head of the Judiciary is
indeed a rst among equals.
Small wonder then that as of the latest
count, more than a dozen out of the 60 or so
nominees have accepted their nomination.
Its a healthy sign of professional condence,
and an indication of willingness to serve the
nation in the way they best know how. Those
who have accepted their nominations must
feel they owe it to themselves to acknowledge
that, for all their natural talents, hard work and
integrity, they should at least appear ready to
take their career to a higher level and head the
Judiciary.
The Justice secretary, for instance, could
at least not be faulted for coyness. She has
been unabashed about coveting the plum
post since as early as the impeachment trial
of former Chief Justice Renato Corona. We
were amused to read that Secretary Leila
De Lima said the President would respect
her decision to accept the nomination
last we looked, when one would normally
respect anothers decision to say no.
On the other hand, we commend those
who have declined their own nominations
for various reasons. Their ability to pass
up an opportunity to be the fth most
powerful ofcial of the land and humility
in conceding that they could serve the
country some other way speaks a lot about
their awareness of themselves. They know
their strengths and limitations.
The submission of names for chief
justice has ended. We should soon be
hearing about deliberations taking place
in the Judicial and Bar Council, and the
live coverage of interviews is a welcome
development.
At the end of the circus, everyone will
be watching President Aquino, who will
have the last say. His choice will reect
his sincerity in introducing reform, where
reform also includes leaving a co-equal
branch of government free from any
inuence of a self-righteous Executive and
a subservient Legislative.
Accept or decline
EDITORIAL
Taming the minimum wage
AT THE last monthly dinner meeting
of the Foundation for Economic
Freedom, we had the pleasure of
hearing two experts on the issue of
high wages and low employment in
the country (yes, the two are inversely
related, contrary to what the militant
unions would have us believe).
Speaking as a private
businessperson, the fetching Ms.
Bernadette Siy recounted how her
family had decided to leave textiles
decades ago (U-Tex, Solid Mills) and
move downstream into the much more
labor-intensive garments industry.
Here they have carved out a niche
in manufacturing both domestic
and export brands for this global,
highly price-competitive and quality-
conscious market.
Unfortunately this industry is no
longer regarded as one of the countrys
sunshine performers, and its an
everyday battle to survive for families
like the Siys. Who are the culprits that
she holds responsible?
High labor costsnot just a high
real minimum wage, but also non-
wage burdens on the employer, like
permanent tenure, xed employment
contracts, guaranteed leaves, and other
benets unrelated to either employee
productivity or employer protability;
History of labor militancy; and
Fragmentation of the industry:
small-sized players, under-investment
***
If anyone doubts that real wages in
this country are too high, Bernadette
shared some very informative
comparisons at the end of this piece.
Our daily minimum wages range from
a low range of $5.21-5.77 in Bicol
(Region V) to a high range of $9.36-
10.21 in the national capital region
(NCR). Compare this to the Asian
peer group to which we currently
belong: low-end wage levels of $3.99
in Beijing, $2.93 in Jakarta, $2.03
in Cambodia, as low as $1.53 in
Bangladesh.
At such high wages, its no surprise
to see equally high unemployment/
underemployment rates: from a
combined level of 19.6 percent in
Central Luzon (Region III), through
25.9 percent in NCR, all the way up
to 41.5 percent in Bicol. The spikes
that were seeing today in hunger and
poverty are clearly being experienced
by these countrymen of ours, who
are being denied productive jobs by
a high minimum wage that repels
investors who might otherwise bring
in those jobs.
The other side of this sorry coin is
that as much as half of these already
high wages is being eaten up by
high food costs. This is an altogether
different, and complicated, story
but sufce it to say for now that the
Aquino administrations pledge to
nish land reform is probably 30 years
too late, not to mention a hollow one
on account of the Hacienda Luisita
issue.
The challenge today lies in the
productivity of the land, not its
ownership. It is Agriculture Secretary
Proceso Alcala, not Agrarian Reform
Secretary Virgilio delos Reyes, whose
job it is to help cut this Gordian knot.
***
A daring and innovative way to
cut this knot was proposed at our FEF
dinner by the estimable Dr. Gerry Sicat:
founder of Neda, writer of the textbook
from which I rst learned my economics,
and, on a more personal note, one of the
Marcos Cabinet members who tried
to bring me into government after my
release from detention (alas, all of them
unsuccessfully).
Dr. Sicat proposes the establishment
of what he c a l l s s pe c i a l l a bor
Turn to page 5
GARY
OLIVAR
BYPASS
Drilons bogus claim
SENATOR Franklin Drilon, the self-
proclaimed big man in the Senate and
the administration Liberal Party, has
felt that he should reply to charges that
he called opposition Zambales Rep.
Milagros Mitos Magsaysay a fake
relation of the late
President Ramon
M a g s a y s a y .
Drilon said he
never called the
feisty lawmaker a
bogus Magsaysay
even if he
did declare that
former Senator
Ramon Jr.,
whom Drilon
said is making
a comeback in
the LP senatorial
slate for the 2013
elections, is the
real Magsaysay.
Drilon is just
being facetious,
of course. Or, to be blunt about it, the
big man is lying through his teeth and
making palusot simply because he
has been exposed.
To her everlasting credit, Mitos
(lets call her that here, lest Drilon
object once again), a Magsaysay by
marriage, has never needed to say
that she is related to the much-loved
former President from Zambales.
Mitos made a name for herself by
being a consistent and eloquent critic
of the Aquino administration, the
same one to which Drilon slavishly
belongs.
In fact, if Mitos is not as well-
known as she should be, it is because
the media (which really should get the
political oppositions side on burning
national issues more often) routinely
ignore what critics of President
Noynoy Aquino and his allies like
Drilon have to saynot because of
the family name that she shares with
a Chief Executive from 60 years ago.
Mitos reply to Drilons big, fat lie,
in fact, is typical of the sharp-as-a-
tack congresswomans mind: if she is
a fake Magsaysay, she said, then what
would that make Mrs. Drilon?
And yes, Mitos surname may have
gured in the process of selecting
her as a candidate for the Senate
conducted by Vice President Jejomar
Binays United Nationalist Alliance.
But unlike the many relations of
prominent politicians who populate
the senatorial slates of both UNA and
LP, Mitos is probably the best known
for having a mind and track record
of her own, not just a politically
pedigreed family name.
Take, for instance, the presidential
relation whom Drilon and other LP
ofcials want to include in their own
Senate slate. Bam Aquino, son of Paul
Aquino, brother of Ninoy Aquino
and uncle of the current President,
is known only for being a supposed
look-alike of his assassinated uncle,
right down to the heavy black Russell
Westbrook-style spectacles that he
wears to invite that comparison (to
Ninoy, not to the NBA star). In other
words, Bam Aquino has no other
qualication apart from his surname
and is actually peddling himself as a
fake Ninoyeven if youll never hear
Drilon say that.
So, whos bogus now?
* * *
Of course, trading in the name of
a famous political relation to gain
public ofce is not new in this country.
The ascent of Aquino himself (the
one residing in Malacaang Palace)
from being
a do-nothing
legislator to the
highest ofce in
the land was the
result, after all,
of a lucky, once-
i n - a - l i f e t i me
combination of
public hatred for
his predecessor
and the death of
the sainted mother
whose surname
he shares from
colon cancer.
The UNA and
LP slates, as they
are right now, are
further proof that
having a prominent political pedigree
seeds a candidate immediately in
the senatorialand lower-level
elections. Lets not even talk about
how many relatives of politicians are
running for ofce on the local level in
previous and coming political contests
on the same tenuous basis.
So far, UNA has Mitos, JV Ejercito
(Estrada), Jack Enrile, Juan Miguel
Zubiri and maybe Nancy Binay. LP
has the aforementioned Magsaysay,
Aquino, Lorenzo Tanada III, Aquilino
Pimentel III, Sonny Angara, Rozzano
Biazon and possibly the Cayetano
siblings and Cynthia Villar.
(Speaking of Rep. Villar, someone
should ask Drilon if she is disqualied
from joining the LP slate because
she is only related to Sen. Manuel
Villar by marriage. Maybe the big
man should look for someone from
Mannys clan who is actually related
to him by blood, making that person
real, by Drilons reckoning.)
Ironically, the rise of the political
relatives in Philippine politics was
helped along, in large part, by the
institution of term limits, which bar
politicians from staying in ofce
beyond two consecutive terms
in the Senate and three in lower
positions. While the law prevented
politicians from staying in ofce
until the end of their days, it allowed
their relatives to run in their place,
thus institutionalizing the political
dynasties that have bedeviled our
politics up to the Sangguniang
Kabataan level.
As the old joke goes, one politician
once declared that he was insulted
when someone remarked that only
his dog did not hold elective ofce
in his household. Here in our town,
the offended pol was supposed to
have said, we expect people not to
talk like that about our honorable
barangay chairman.
As for Drilon, perhaps he now
realizes that he cannot call out people
for capitalizing on their political
pedigrees without hurting his own
partyand his own boss in the palace.
Or maybe not.
JOJO
A. ROBLES
LOWDOWN
Bam Aquino has
no qualication
apart from his
surname and is
actually peddling
himself as a fake
Ninoy.
ROLANDO G. ESTABILLO Publisher
RAMONCHITO L. TOMELDAN Managing Editor
CHIN WONG/ RAY S. EANO Associate Editors
RALEIGH J. JALECO News Editor
JOEL P. PALACIOS City Editor
ROMEL J. MENDEZ Art Director
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TODAY
CLIMACO E. CALIWARA Controller
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A5 Opinion Adelle Chua, Editor
ManilaStandardToday
mst.lettertotheeditor@gmail.com
JUSTICE Secretary Leila de Lima,
the Doberman of President Aquino
who even risked getting cited for
contempt by the Supreme Court, is
aspiring to be chief justice. She has
accepted her nomination.
The question is whether she can
meet the constitutional requirements
that the chief justice must have
proven competence, integrity,
probity and independence to be the
primus inter pares, or the first
among equals.
President Aquino looks like he
prefers to name an outsider to the
post. But
remember de
Limas deance
to a temporary
r e s t r a i n i n g
order issued by
the Supreme
Court? Did she
not insult the
Supreme Court,
the same body
she now wishes
to head?
Mr. Aquino
may just name
De Lima to the post. My gulay,
nothing surprises me anymore in this
administration.
***
When the framers of the 1987
Constitution said they wanted to
divorce the Judiciary from politics,
they created the Judicial and Bar
Council.
It was their hope that with the
JBC, the Judiciary would be free
from political patronage.
How wrong they were.
I know for a fact that if one wishes
to be a judge, especially a justice,
one has to have political patrons. A
municipal or regional judge must have
the endorsement of a congressman,
governor or senator.
Thus, from the start, a judge is
already a political captive.
Worse, during the nomination and
selection process for the Supreme
Court, two politiciansone a senator,
the other a member of the House of
Representatives are in the JBC.
I know personally that some
justices in the Supreme Court had
or still havepolitical padrinos. The
worst thing is that the appointing
power is himself or herself a
politician.
This is why there is corruption in
the Judiciary.
And what assurance do we have
that the President will not appoint
the next chief justice just because
he can control that person? We may
all have our ideas on who can best
replace Corona, but in the end, it will
be President Aquinos call.
This will be his dening moment.
***
One of the most corrupt ofces in
the Judiciary is perhaps the Sheriffs
Ofce under the Supreme Courts
Administrations Ofce.
Just read the newspapers and see
for yourself how many Notice(s)
to the Public there are about
pending warrants of arrest unserved.
Estimates show that there are no less
than 80,000 warrants of arrest that
have not been served for the past 20
years, many of them with cases that
have already prescribed.
Issuance of distraint and levy or
repossession of property is another.
Estimates also show an equal number
of unserved warrants.
In this
country, its
really more
fun especially
so if you
a criminal
facing arrest
w a r r a n t s .
Santa Banana,
the Philippine
N a t i o n a l
Police and
the National
Bureau of
Investigation cannot even find
or refuse to find high-profile
personalities like Gen. Jovito
Palparan, former Palawan Gov.
Joel Reyes and his brother, a
Coron mayor, Delfin Lee of Globe
Asiatique (who must be in China
now with a Chinese name), and
ousted Dinagat Island Rep. Ruben
Ecleo, who allegedly killed his
wife.
I also know that many who have
been issued watch-list orders by the
Justice Department and even hold
departure orders, with pending cases
in court, have been going in and out
of Naia passing through immigration
without any question. All its takes is
money.
Straight path, my foot.
***
I was talking to a dentist-friend
recently and he told me about his
father, several years my junior, who has
found a solution to sensitive teeth. This
is called pangingilo in the vernacular.
My friend told me that NovaMin
is an innovation that addresses this
problem. It was originally used to
help repair bones of soldiers wounded
in battle during the war. By 1990,
scientists have begun to use it to help
relieve sensitive teeth.
In May 2010, pharmaceutical giant
GlaxoSmithKline bought the right
to this advanced technology. Now
NovaMin is used in toothpaste brands
available in the Philippines.
Corruption
in the Judiciary
Our energy choices
THIS is the rst of a series of
columns on the energy choices of
the Philippines. I write on this topic
as the Philippines confront a power
crisis, most evident in Mindanao, and
looming for Visayas and Luzon as
well. Unfortunately our recent history
does not give comfort to citizens
that the government will make the
right energy choices; indeed, it has
frequently worsened things in the
long run. But clearly the country must
implement a strategy of rectication,
a reform agenda in energy. And that
agenda must begin by urgently and
fully implementing Republic Act No.
9513, the Renewable Energy (RE) Act
of 2008.
The heart of the RE Act is its Feed-in
Tariff (FiT) mechanism of promoting
RE-based electricity. FiT assures the
RE power producer of attractive xed
purchase prices (per kilowatt-hour),
for a xed number of years. Critics
hit FiT precisely because of their
fear that because some RE sources,
such as solar, appear to cost more
than traditional electricity generation
from fossil fuel or hydroelectric dam
sources, they will drive the average
price of electricity up, an effect which
would be frozen in place by xed rates.
But as I have written before, quoting
extensively from RE visionary Ramon
C. Abaya, who died earlier this year,
this criticism of FiT as applied to solar
is not correct.
In any case, critics see FiT as
an enforced subsidy taken out of
consumer pockets, while pointing
out that the Philippines already has
the highest electricity rates in the
Southeast Asian region. Concerns
about the economic impact of higher
electricity prices should be taken
seriously but applying its criticism
to FiT is over-generalized. It makes
us miss out on the ner details of
the Philippine energy picture. Our
traditional reliance on coal and
oil-based electricity, lacking any
indigenous fuel reserves, leaves
us at the mercy of the world fossil
fuel market and competition from
other energy-hungry economies
not to mention the environmental
impacts, which costs are not perfectly
addressed by market prices. The
countrys higher electrical rates are
themselves a consequence of energy
policy over the past two decades, and
properly are the subject of energy
policy and industry reform.
FiT, on the other hand, addresses
objectives as equally important as
lowering electrical rates (though it runs
in parallel with that policy objective).
One obvious objective is environmental:
increasing the Philippines electrical
generating capacity without increasing
greenhouse gas emissions or otherwise
destroying the environment. RE
technologies, such as solar, wind, micro-
hydroelectric generators, and biomass/
biofuel, dont depend on extracting,
storing, and burning fossil fuels, and
can safely be established on locales with
highly sensitive ecologies (e.g., critical
island ecosystems detached from the
main electrical grid).
A second objective is localization
and rural electrication. Because they
do tend to generate less electricity
than their traditional counterparts, RE
technologies are best suited to lling
gaps and shortfalls in the electrical
grid, a non-polluting complement
to large-scale electrical generation,
and to provide power at individual
(residential, commercial, industrial)
and community levels. To date, this
function is met by provincial-level
independent power producers (IPPs)
running diesel generators. A third
objective, meanwhile, is ensuring
an indigenous supply of power that,
while dependent on the elements, is
otherwise not dependent on the world
market for fossil fuels.
Not mentioned is another approach
to FiT, adopted in the more afuent
West: private non-utility power
generation. Governments provide
incentives for homeowners (as opposed
to IPPs) to provide for their own
electricity using RE technologies
and an additional incentive to sell any
excess generated electricity to the grid
under FiT rates. While the average
Filipino household certainly could not
afford this approach, commercial and
industrial centers, which can afford
this, could set up their own turbines or
solar panels under the same FiT terms
as IPPs, lowering their demand on the
public power grid and consequently
making more power available for
other users.
These three objectives are essentially
tactical, short and medium-term. RA
9513s ultimate objective is energy
resiliency, or Philippine electricitys
survival in a world dominated by
increased energy resource competition
and climate change. FiT should be seen
as an indirectly taxed, government-
directed investment into clean energy,
deferred consumption in order to grow
the economy in the long run. The primary
weakness of most RE technologies
their higher relative costs of power
generation and initial investment
can be offset by increased economies
of scale of production through
widespread adoption, at national and
global levels.
An old saying goes: the best time
to plant a tree is twenty years ago; the
second best time is now. If we dont
establish the incentives for renewable
energy now, we will be draining
momentum on our countrys push for
resilient energy in the future. Already
potential RE investments have ed to
countries like Thailand which have
chosen to make a stand for clean power.
Contrary to some views, FiT is not unt
for the country. So its time to ex some
muscles and clean up Philippine energy.
E-mail: Tonylavs@gmail.com
Facebook: tlavina@yahoo.com
Twitter: tonylavs
EMIL
P. JURADO
TO THE POINT
DEAN TONY
LA VIA
EAGLE EYES
By Robert Frichtel
LETS start by stating that driving while
impaired by drugs or alcohol is a crime
and must be punished. All 50 US states
have clear laws prohibiting this activity.
But there is one intoxicant that is
trickier than the others: marijuana,
especially when used for medical
purposes.
During the past two years, Colorado
and Montana, along with more than a
dozen other states, have proposed laws
that set a strict threshold for determining
when a marijuana user is deemed
too impaired to drive. These would
consider a concentration of more than
5 nanograms of tetrahydrocannabinol,
or THC (the psychoactive component
of marijuana) per milliliter of blood,
as hands-down proof of intoxication or
impairment.
The result would be an automatic
guilty verdict, with all that entails: a
temporary loss of driving privileges,
nes, lawyers fees, possible jail
time and greatly increased insurance
premiums. By some estimates, a
conviction for driving under the
inuence (DUI) can cost a driver as
much as $10,000.
Several states are going further and
have either adopted or are considering
zero-tolerance laws for THC levels.
This means any THC in the blood would
result in a conviction.
Heres the problem with these laws:
There are questions about how, and
at what level, cannabis use impairs
driving ability. For a patient in one of
the 17 states where marijuana has been
legalized for medicinal use, how are
you to know when its legal to drive?
After consuming marijuana, should
you wait 12 hours to drive or one day?
When will your THC level be below the
5-nanogram threshold? The answer is
complicated.
Chronic user s
Although marijuana is readily
detectable in toxicology tests of blood,
hair, urine or saliva, what isnt clear is
just how quickly THC passes through
the body. We know, for example, that
THC may be detected in the blood of
occasional users several hours after
ingesting. But in some chronic users
there may be traces for days after the
last use, long after any performance-
impairing effects have subsided.
This is a very clear contrast with
alcohol. There is a rm understanding of
the rate at which the body metabolizes
alcohol and there are well-known
guidelines on how much time must
pass after drinking before one is t to
drive. Tests can easily be administered
in roadside stops. Those who fail simple
benchmarks of sobrietynot to mention
breath testsare usually convicted or
plead guilty.
The research on how marijuana
affects driving is far less conclusive,
though.
Testing done on drivers under
the inuence of alcohol often show
that drivers display more aggressive
behavior behind the wheel, and errors
are more pronounced than when
sober. The opposite tends to be true
when drivers are under the inuence
of THC; they tend to have heightened
awarenessrather than diminished
sensitivity as they do after drinking
to their surroundings. As a result, they
tend to compensate by driving more
cautiously.
A 2007 control study published in
the Canadian Journal of Public Health
reviewed 10 years of U.S. auto-fatality
data. Investigators found that U.S.
drivers with blood-alcohol levels of
0.05 percenta level below the national
0.08 percent legal limitwere three
times as likely to have been driving
unsafely before a fatal crash, compared
with individuals who tested positive for
marijuana.
What this means is that we need
more research before new DUI
marijuana laws are enacted. Setting an
absolute impairment standard for THC
bloodstream levels is premature. And
these laws, which target marijuana
use and associated medical marijuana
patients, are discriminatory.
Pain killer s
I say this at a time when there is
an absence of legislation dealing with
the use and well-documented abuse
of prescription painkillers, which can
dangerously impair the judgment needed
for safe driving. State legislatures arent
setting arbitrary and scientically
unproven blood-level standards for
these drugs. So why are they focused on
marijuana?
Driving while intoxicated must
anywhere and everywhere be illegal,
whether that impairment is caused by
prescription drugs, alcohol purchased
at a liquor store or marijuana used
on the recommendation of a doctor.
Under current standards, someone can
be charged with DUI for marijuana use
based on roadside sobriety tests and
observations by the arresting ofcer
in conjunction with blood samples.
Those tests serve their purpose at this
point.
But if states are going to turn to strict
threshold laws, they should answer
this question: Based solely on THC
concentrations in blood from marijuana,
when is a driver too impaired to drive
safely?
Until the evidence is in, its hard to
see why any state needs to lower the
burden of proof necessary to convict
someone of a DUI marijuana charge.
Bloomberg
DUI... medical marijuana?
MAIL MATTERS
We refer to the news article entitled P684-m shipping
project of Aviva Okd as posted by Julito G. Rada in the
business section of Manila Standard Today on May 27, 2012.
The said article contains Board of Investments (BOI)s press
statement approving the registration of the P684-million
project of Aviva Shipping Corp. in Surigao del Sur.
The t hi r d par agr aph of t he same ar t i cl e st at es:
Aiva Shipping is a joint venture of Carrascal Nickel
Corp., a BOI-registered mining company and Aviva Pacic
Marine Corp.
Please be informed that the Stockholders and Directors
of Aviva Pacic Marine Corp. (APMC) have not
approved entering into a joint venture with Carrascal
Nickel Corp. Neither is APMC a stockholder of Aviva
Shipping Corp.
For and on behalf of the Boar d,
EDUARDO V. MANALAC
Chairman
Aviva Pacic Marine Corporation
No joint venture, not a stockholder
employment zones, analogous to the export processing zones which fueled
the start of our export expansion many years ago. These zones would attract
manufacturing, agricultural processing, and large plantation businesses
that are labor-intensive. They would be located in regions with good
infrastructure and be administered by something like a Labor Employment
Zone Authority (LEZA).
Within these zones, existing government regulations on wages,
employment tenure, fixed contracts, and other forms of labor protection
would be suspended. These issues would be settled by voluntary agreement
between employer and employeeno different from any other buyer/seller
transaction in a free market.
Over time, if the free-market thesis is correct, the growth in wages and
productivity inside these zones would exert a powerful demonstration effect
on the rest of the countrythe same way that tiny Hong Kong eventually
brought over the rest of giant China to its point of view, rather than the other
way around.
***
My only quarrel with Dr. Sicats proposal is that he is still too kind. His
zones would continue to observe current regulations providing for social
security, workmens compensation, and other forms of humane labor
protection. But if we are to be truly consistent with the Hong Kong vs.
China illustration, even these benefits ought to be subjected as well to the
free-market test of voluntary self-imposition based on employer/employee
bargaining.
After all, no one is being forced to work inside these zones. If employers
are unduly harsh, they will not attract workers and their businesses will
wither away. It is at the marginwhere what the employer is willing to
pay is exactly equal to what the employee is willing to receivethat those
decisions ought to be freely negotiated and made.
But of course, Dr. Sicat understands perfectly that he too has to make
concessions to the real world, too much of which is populated by the
politicians. Heres hoping that enough among them turn out to be bold
enough to embrace innovative ideas like his.
gbolivar1952@gmail.com
This branch of
government has
never been free of
politics.
Taming...
From A4
News
ManilaStandardToday
mst.daydesk@gmail.com JULY 3, 2012 TUESDAY
A6
Theme park land transferred

IN BRIEF
Isko Moreno blinks in glaring match with Lim
Lotto agency: Thermal paper deal bad for PH
Binay asks court
to junk P72m case
MIAA General Manager
Jose Angel Honrado said the
expansion will include the
extension of the aircraft taxiway
and the development of the New
International Cargo Terminal
Facility to support the operation
of Terminal 3 and accommodate
growth in passengers and aircraft
movement.
Honrado said the airport
authority will start the clearing of
the area and start the expansion
plan as soon as possible.
Nayong Pilipino theme park,
on the other hand, has moved
to a 15-hectare property owned
by the Philippine Amusement
and Gamong Corp. at its
Entertainment City development
on reclaimed land at the Manila
Bay.
The theme park originally
stood on a 45.9-hectare property
when it was created in 1972 by
Presidential Decree 37 which
assigned the land to the NPF and
prohibited its sale to a third party
without the express authorization
of the President.
Nayong Pilipino was the
first theme park of its kind in
the Philippines and featured
cultural shows and miniature
replicas of the countrys top
tourist attractions, like the
Mayon Volcano in Albay, the
Banaue Rice Terraces in the
Cordilleras, Vigan houses in
Ilocos Sur, Chocolate Hills
in Bohol, and the Magellans
Cross in Cebu.
For the next 30 years, the
theme park became a popular
site for foreign tourists and a
favorite destination of busloads
of students on their annual eld
trips.
But former President Gloria
Arroyo allowed the transfer of
8.6 hectares to the MIAA for a
service road to connect Terminal
2 with the Manila Domestic
Airport.
The service road was supposed
to replace an underground tunnel
that the builder of Terminal
3 failed to construct, but the
Recovered evidence. A member of the Quezon City bomb squad shows the lever of
grenade that was found at the parking area of the National Housing Authority. The lever is
believed to be part of the grenade that was hurled at the parking lot for still undetermined
reasons around dawn Mondaay. No one was hurt in the incident. MANNY PALMERO
By Vito Barcelo
AFTER hosting hordes of students
on elds trips and foreign tourists
over decades, the Nayong Pilipino
Foundation has nally turned over its
remaining 22.3 hectares of land on
NAIA Road in Pasay City to the Manila
International Airport Authority to pave
way for the expansion of the Ninoy
Aquino International Airport Terminal 2.
service road was never used for
the transfer of cargo from one
terminal to another as originally
intended.
Last September, President
Aquino signed Executive Order
No. 58, which authorized the
transfer of the Nayong Pilipino
for the use of MIAA to improve
and expand the facilities of the
premier airport.
The 75,000-square-meter
Terminal 2 is exclusively used
by Philippine Airlines for both
its domestic and international
ights. The terminal itself was
designed by Aroports de Paris
to be a domestic terminal, but
the design was later modied
to accommodate international
ights.
The terminal has a capacity of
2.5 million passengers per year
in its international wing and 5
million in its domestic wing,
it is possible to accommodate
nine million passengers per
year, Honrado said.
Closed for relocation. The old Nayong Pilipino on NAIA Road in Pasay City has been turned over to airport authorities, but it expected to
rise again at the Entertainment City area in Paraaque.
MANILA Mayor Alfredo S. Lim
claimed a victory on Monday after
Vice Mayor Isko Moreno ordered the
city council staff to comply with the
mayors executive order requiring all
city hall employees to submit their
personal data sheets before they are
paid their wages.
Moreno also ordered the termination
of all contracts for the city councils ca-
sual employees and consultants that are
longer than six months effective June
30, 2012 and no new contracts longer
than six months will be issued.
But Lims chief of staff and media
bureau director Ric de Guzman said
Morenos termination order is already
moot and academic because Lim
already issued Executive Order No.
21 which nullied all appointments
for casual, job orders, researchers and
consultants whose duration exceeds
six months
Lims memo noted that Moreno ap-
pointed 789 casual employees and 408
researchers and casuals number 408,
all with contract terms of one year.
City council secretary Luch Gem-
pis conrmed that Moreno indeed is-
sue a memorandum complying with
Lims order in the hope that the mayor
would fulll his promise to release the
salaries of the city hall workers who
have not been paid since April 1.
Yes, we complied with the EO. We
submitted the PDS of city hall work-
ers casuals and contractual assigned
to the Ofce of the Vice Mayor and
the city council hoping that they can
now get their salaries. We likewise
want to prove that these people are not
ghost employees, Gempis said.
However, Gempis insisted that
since the vice mayor is the sole ap-
pointing authority of these city hall
workers, the power to terminate them
also lies on him.
He debunked the allegations of De
Guzman that Morenos termination
order was already moot and academic
since the Manila Mayor declared it as
null and void.
But De Guzman cited Section 77 of
the Local Governments Code which
states that only the local chief execu-
tive may appoint casuals whose pe-
riod of employment shall not exceed
six months.
He said Section 344, on the other
hand, provides that vouchers and pay-
rolls shall be certied to and approved
by the head of the department of ofce
who has administrative control of the
fund concerned, as to validity, propriety
and legality of the claim involved.
It also stated that approval of
the disbursement voucher by the lo-
cal chief executive himself shall be
required whenever local funds are dis-
bursed.
In the same EO 21, Lim also de-
clared that no appointment shall be is-
sued or approved without a personal
data sheet that is to be submitted to
the city personnel ofce, under retired
police colonel Redencion Caimbon,
together with the appointees current
2x2 photographs.
PHILIPPINE Charity Sweepstakes Of-
ce chairwoman Margarita Juico said
on Monday the PCSO does not turn
its back upon its commitments but it
had to cancel a deal with an Australian
rm to build a thermal paper plant in
the Philippines because of irregulari-
ties in the agreement.
Juico said the agencys board can-
celled the agreement with TMA Australia
because it is not within PCSOs corpo-
rate purpose and mandate, and is grossly
prejudicial to the interests of PCSO.
PCSO is the main government
agency mandated by law to provide
medical and healthcare assistance to
needy patients and support charities
of a national character, a function it
fullls with funds raise through the
PCSO Lotto.
The previous PCSO Board, then
represented by general manager Rosa-
rio Uriarte, entered into a joint venture
agreement with TMA Group of Com-
panies Pty. Ltd. on December 4, 2009
to establish a plant that will make and
distribute thermal paper, synthetic sub-
strates, and other related products.
Under the terms of the agreement,
PCSOs primary obligation was to
source all its paper requirements from
TMA for a period of fty years.
But Juico explained that the PCSO
had to cancel the contract upon the
ndings and recommendations of the
Senate Blue Ribbon Committee which
investigated contracts entered into by
the former PCSO board.
The Senate found that the agree-
ment with TMA should be cancelled
and that violations of the Anti-Graft
and Corrupt Practices [laws] were in
fact committed by members of the for-
mer board of the PCSO.
The Blue Ribbon Committee sup-
ports the move of the current board of
the PCSO to cancel this grossly preju-
dicial contract. Likewise, the case for
graft already led by the members of
the current board against the members
of the former board who approved this
contract should be resolved immedi-
ately, the committee said in its probe
ndings.
The report of the Senate Blue Rib-
bon Committee, added Juico, nds
several problems with the agreement
with TMA.
PCSO lawyers also discovered that
the terms of the agreement are to the
provisions of Republic Act No. 9184,
the Government Procurement Reform
Act. The commitment to purchase all
of PCSOs paper requirements for fty
years from TMA is merely a paper pur-
chase or supply contract disguised as a
joint venture agreement and designed
to evade the provisions of RA 9184.
Explosion rocks housing
agency compound in QC
A GRENADE explosion rocked the
compound of the National Housing
Authority in Quezon City early Monday
morning. No one was reported killed or
injured in the incident.
Chief Superintendent Mario dela
Vega, chief of the Quezon City police,
said NHA security guards reported the
incident around 11 a.m. but the incident
occured around 5:30 a.m.
Bomb squad investigators said they
found the grenades safety lever was
found atop a roofed structure at the park-
ing and could have been hurled from Ma-
harlika Street. The explosion damaged
at least six parked vehicles, including a
Toyota Hi-ace, Mitsubishi Lancer and a
private jeep. Jonathan Fernandez
QC councilors dispute
mysterious suspension
DESPITE a reported suspension order
by the Ombudsman, District 1 Councilor
Francisco Boy Calalay reported for
work on Monday and even take over the
vice mayors post.
Mayor Herbert Bautista appointed
Vice Mayor Joy Belmonte to take charge
of the city while he is overseas on of-
cial business. Belmonte, on the other
hand, named Calalay to preside over the
city council and perform other ofcial
functions of the vice mayor.
She, however, dismissed reports that
the three-term councilor was placed un-
der a six-month suspension by the Om-
budsman for keeping ghost employees
in his ofce. I dont know where that
report emanated, she said.
She claimed Calalay and another
concerned councilor, actor-turned-pol-
itician Roderick Paulate, checked the
authenticity of the supposed report from
the Ombudsman and they claimed there
was no such order.
The suspension order came from
the media. No one could show us the
records, Calalay said, theorizing that
the story may have been politically mo-
tivated. Rio N. Araja
Marikina tells pet owners
to register starting Aug. 8
MARIKINA City will hold its annual
pet registration from Aug. 8 to Sept.
15 in 15 villages in accordance with a
city ordinance.
Pet registration will be implement-
ed according to the following sched-
ule: Aug 8-12, Barangays Sta. Elena
and Sto. Nino; Aug. 15-19, San Roque
and Kalumpang; Aug. 22-26, Taong,
Jesus dela Pea; Aug. 29-Sept. 2, Ba-
rangka and Industrial Valley Complex;
Sept. 5-9, Malanday and Concepcion
Uno; Sept. 12-16, Concepcion Dos
and Nangka; Sept. 19-23, Marikina
Heights; Sept. 22-23, Fortune; Sept.
26-30, Parang. Gigi Muoz David
FORMER Makati Mayor El-
enita Binay has asked the San-
diganbayan to dismiss a graft
case led against her by the
Ombudsman over a P72-million
purchase of ofce furniture and
xtures.
Binay, the wife of Vice Pres-
ident Jejomar and mother of
incumbent Mayor Jejomar Jr.,
told the anti-graft courts fth
division in a 20-page motion
that prosecutors have delayed
and abcktracked on their allega-
tions.
She lamented that the charges
against her have been amended
twice since the case was led
on Sept. 18, 2006. She was
originally charged of conspiring
with former city councilor Sal-
vador Pangilinan, former city
administrator Nicanor Santiago
Jr., then city treasurer Ernesto
A. Aspillaga and private defen-
dants Liyee Shing, Jason Li and
Vivian M. Erudise, corporate
ofcers of supplier Ofce Gal-
lery International Inc., over the
purchase deal.
The prosecutors later amend-
ed the charge and removed the
allegation of conspiracy, but
they again tried to re-amended
the information led before the
Sandiganbayan last year. The
Sandiganbayan rejected the sec-
ond amendment.
(T)he ip-opping of theo-
ries and changing of factual
assertions is patently abhor-
rent to the constitutionally guar-
anteed rights of the Accused.
Worse, this demonstrated vacil-
lation in case theories took the
prosecution all of 5 years to re-
solve, Binay said in her plead-
ing.
IN BRIEF
PH wins 2 golds in HK
PSA tackles Bolo Cup, UAAP
THE Philippines, led by Rosie Villarito, n-
ished with two golds, three silvers and bronze
in the 2012 Hong Kong Intercity Athletics
Championships over the weekend.
Rosie Villarito earned two golds, the
rst coming from the womens javelin
throw, where she came up with a 1-2
nish with Narcisa Atienza. Villarito
heaved 48.48 meters for her rst gold,
while Atienza settled for second with a
43.68-meter feat.
She then beat KoreanYeung Man Wai in
the high jump, when she cleared 1.78 meters.
Rene Herrera was second behind Kore-
an Moon Jeong Ki in the 5,000-meter run
with his 1:50.73 nish, while Loralie Ser-
mona claimed the silver in the womens
hammer throw (50.23 meters).
Edgar Alejan Jr. took the silver in the
400-meter run with his time of 48.41 sec-
onds, while Kavee Alapagan captured the
bronze in the mens high (2.13 meters).
THE excitement generated by the coming
75th season of the University Athletic As-
sociation of the Philippines and the 12th
Demetrio `Bolo Tuason Cup will be up for
discussion as the Philippine Sportswriters
Association Forum resumes its weekly ses-
sion today at Shakeys, UN Avenue.
UAAP president Nilo Ocampo and ath-
letic director Junel Baculi of host Nation-
al University will update sportswriters
during the 10:30 a.m. program about the
diamond anniversary celebration of the
collegiate league that starts on July 14.
Sharing the limelight with the two in the
session airs live over DZSR Sports Radio
918 and presented by Smart, the Philippine
Amusements and Gaming Corporation and
Shakeys, are Armscor EVP for corporate
planning and business development Gina Ma-
rie Angangco and Armscor shooting ranges
EVP and General manager Roberto Sajot.
The shooting ofcials are going to
talk about the July 12-15 Bolo Cup at
the Armscor shooting range in Marikina,
where several international shooters are
expected to see action.
PSA president Rey Bancod of Tempo
enjoins members to attend the session.
A7 Sports Riera U. Mallari, Editor
ManilaStandardToday
sports_mstandard@yahoo.com
This, ladies and gentlemen, is the man to
beat at the London Olympics.
In a result that no longer feels like a
surprise, Blake beat Usain Bolt in the 200
meters at the Jamaican Olympic trials Sun-
day, nishing in 19.80 seconds to edge the
world-record holder by 0.03.
When it was over, Bolt was the rst one
to approach his training partner and buddy
and give him a big bear hug. Moments later,
Blake goes 2 for 2 vs Bolt
KINGSTON, JamaicaNo posing, no salutes, no
st pumping. First, Yohan Blake fell to both knees
and rested his head on the track. A bit later, he sim-
ply paced in front of the jam-packed grandstand at
National Stadium and stared into the crowd, letting
all those fans soak in a nice, long look.
Things look bright
for Rain or Shine
THE elimination round of the Philip-
pine Basketball Association Governors
Cup was extended two play dates with
two playoff games, among the Meralco
bolts, the Barako Bull Energy and the
Powerade Tigers, to determine the sixth
team into the seminals.
But really, at this point, the ques-
tion foremost on peoples minds is
which teams make it to the nals. And
the teams that look poised to battle
for the championship are the Rain or
Shine Elasto Painters and the B-MEG
Llamados.
With Paul Lee looking like the second
coming of James Yap (not that they play
anything alike, but both former Univer-
sity of the East Warrior were drafted
second overall in their draft classes and
both have eclipsed the no. 1 picks), the
Rain or Shine Elasto Painters (8 wins, 1
loss) topped the eliminations.
Lee doesnt just come off the bench
to provide instant offense, he is also
the man that Rain or Shine coach Yeng
Guiao has come to rely on during
crunchtime with the result of the game
to be decided.
In the crucial last game of the elimi-
nations won by Rain or Shine over the
Talk N Text Tropang Texters, 92-90,
Lee scored seven crucial points in the
fourth period to nish with 18 points
and ve assists and lead his team to the
REUEL VIDAL
SPORTS CENTER
By Lito Cinco
IN the mid-1980s, Philippine tennis was on
a high with top Filipino players dominating
the Asian junior international tournaments.
And among those at the helm was Felix
Barrientos, who was dubbed the countrys
bionic boy for winning two tournaments on
a single day.
The other top-ranked Filipino players
feared by their opponents then were Manny
Tolentino, Raymond Suarez and Roland So,
now all in their mid 40s,
Barrientos, now a Singapore-based private
banker for a Switzerland-based company,
has joined the Philippine Tennis Academy
as a trustee, vowing to do his share of giving
back to the sport, which made him what he
is now.
We were recipients before, now we are
paying it forward. I am doing this because
I got to where I am because of the kindness
of other people. The four of us played and
trained under the Willie Hernandez Ten-
nis Academy and we were competing daily
against one another, pushing one another.
We wanted to beat each other so badly that
we would think of doing things to give us an
extra advantage, said Barrientos.
Talking about the PTA and the people
behind it, he said: What they are doing is
really something, considering that there
is no vested interest on their part, but their
sheer love of the sport. There has been no
cohesive program like the PTA before and
what I do is share whatever I know, I impart
knowledge based on my international expe-
rience and teach these young talents how to
compete as a global player.
Being a banker, Barrientos also connects
the PTA to the corporate world to help make
it a sustainable program.
This is a long-term program and so far,
interest has been shown, he concluded.
Felix pays it forward in tennis
HOUSTONChicago Bulls
restricted free-agent center Omer
Asik has agreed to a three-year,
$25 million deal with the Houston
Rockets, according to a person with
direct knowledge of the deal.
The person spoke on condition of
anonymity because the deal hasnt
been ofcially announced. Free agents
cannot sign new contracts until July
11 and because the 7-foot Asik is
restricted, the Bulls have three days
to decide whether to match Houstons
offer or let him go.
The Rockets have made nding a big
man a priority since injury-plagued Yao
Ming retired last summer. Houston was
rumored to be collecting draft picks to
package in an offer to Orlando for Dwight
Howard, but the team ended up using its
three draft picks on Thursday night.
Asik was playing professionally in
Turkey when he was picked by Portland
in the second round of the 2008 draft
and immediately traded to Chicago
in a three-team deal. He played in 66
games last season, but only averaged
3.1 points, 5.3 rebounds and one block
per game. Asik helped Turkey earn the
silver medal at the 2010 FIBA world
championship.
Rockets general manager Daryl Morey
said last week that he wants to re-sign
unrestricted free agent Marcus Camby,
who joined the team last March.
Houston traded Samuel Dalembert to
Milwaukee for the 12
th
pick and three
players. The Rockets selected Connecticut
guard Jeremy Lamb with that pick, and
also drafted Iowa State forward Royce
White (No. 16) and Kentucky forward
Terrence Jones (No. 18).
Meanwhile, Central Florida basketball
player Marcus Jordan, the son of former
NBA great Michael Jordan, was arrested
in Omaha early Sunday following a
disturbance outside a downtown hotel.
According to a news release, police
responding to a call at the Embassy
Suites found hotel security trying to
subdue Marcus Jordan, who was having
an argument with two women in the
hotel driveway at 2:11 a.m.
The release said Jordan was
very animated, intoxicated and
uncooperative, and it took multiple
ofcers to control and handcuff him.
Jordan was booked at the Douglas
County Department of Corrections for
resisting arrest, disorderly conduct and
obstructing. He had been released by
Sunday night.
Jordan, a rising senior, averaged 13.7
points for UCF last season. AP
Rockets want Bulls Asik; Jordans son arrested
Champion
relinquishes
WBC crown
By Ronnie Nathanielsz
THE World Boxing Council
is surprised by the decision
of Kazuto Ioka to relinquish
his WBC title and to retain
his World Boxing Association
belt following his unanimous
12-round decision win over
WBA champion Akira Yae-
geshi in Osaka on June 20.
As it was an unexpected
event, I am consulting with the
Board of Governors, WBC
president Don Jose Sulaiman
told the Manila Standard.
The 23-year-old Ioka had been
publicly challenged by Filipino
Denver Cuello, the Silver cham-
pion, who had vowed to knock
him out quickly. The 25-year-old
southpaw has a record of 31-4-6
with 21 knockouts.
Cuello solidied his hold
on the WBC Silver minimum
weight title with a second-
round technical knockout over
Mexicos Ganigan Lopez,
when the ght was stopped by
referee Frank Gaza at 2:37 of
the round when the Filipino
battered his foe.
Cuello won the vacant Silver
title on Oct. 15, 2011 with a rst-
round KO of Carlos Perez, who
went down grimacing in pain
following a shot to the ribs.
Prior to the unication bout,
the WBC had written to both
Ioka and Yaegashi that the win-
ner would have to relinquish
one of the titles since they both
had mandatory challengers,
with Cuello being the manda-
tory challenger to Ioka.
top of the standings.
His energy and tenacity keep rub-
bing off on his teammates. He also
backs his words with deeds, that is why
he is considered one of this teams true
leaders, said Guiao of his prized rook-
ie in a published report.
Then, there are the former youngsters
of Rain or Shine (Gabe Norwood, Jeff
Chan, Jervy Cruz, Ryan Araa) who
have nally gained enough maturity to
compete with the best in the league.
There is also wide-bodied import
Jamelle Cornley, who is built like a
tractor and who routinely bullies the
other imports into submission.
The other team to watch out for is the
PBA second conference champion B-
MEG of coach Tim Cone.
They have defense-oriented big men
(Marc Pingris, Ra Reavis, Jerwin
Gaco), who are willing to sacrice ev-
erything to grab rebounds, defend and
do the little things needed to win. They
have a tireless import in young Mar-
cus Blakely. Finally, they have the best
closer in Big Game James Yap, who
virtually wills his team to victory in ev-
ery close game he is in.
There are of course still the Talk N
Text Tropang Texters, the Petron Blaze
Boosters and the Barangay Ginebra Gin
Kings to consider. But for my money,
I think its Rain or Shine and B-MEG
going to the nals.
* * *
My friend Leo Gaviola just emailed
me this bit of welcome news.
The University of the East is inviting
all former UE Red Warriors basketbal
heroes and legends to come home to
UE to join the fun of the rst UE Red
Warriors Homecoming.
The occasion will be an opportunity
to pay a tribute to legendary Philippine
basketball coach Virgilio Baby Da-
lupan. The event will be held today 5
p.m., at the UE Manila Dalupan Lobby,
C. M. Recto Avenue, City of Manila.
This tribute and homecoming will
honor the Maestro Dalupan, who
scored 12 unprecedented championship
titles of the 18 titles so far for UE in the
University Athletic Association of the
Philippines (UAAP) competition, in-
cluding the unsurpassed seven straight
titles (from 1965 to 1971), and several
inter-collegiate titles.
Incidentally, Dalupan has also won the
most PBA championships with 15 titles.
* * *
If you want to nd out how I sound
like, please tune in to the two-time
KBP Best Sports Program on the ra-
dio, MBC Sports Center, in our new
time slot 1 to 2 p.m., every Sunday,
over the no. 1 radio network in Asia,
dzRH, 666 on your AM dial.
The same program is simulcast on
RHTV over Channel 25 on Sun Cable
and Channel 9 on Cable Link. Sports
Center can be followed live from any-
where in the world through the In-
ternet on http://dzrh.tripod.com and
http://dzrh.prepys.com.
For comments, questions and non-vi-
olent reactions please, send your e-mail
to reuelvidal@ymail.com.
Bolt was down on the ground, getting
his right hamstring stretched out, while
Blake was going through his understat-
ed celebration. At one point, he raised
one nger to his mouth, as if asking ev-
eryone to shhhhh. But the fans didnt
listen. They now have not one, but two,
legitimate gold medal prospects for the
mens sprints in London.
Usain always gives me a lot of encour-
agement and tells me to keep coming to
this race, Blake said about the 200.
Boy, did he.
The win came two days after Blake,
the reigning world champion at 100 me-
ters, beat Bolt in the 100 by running a
personal-best 9.75.
That was a shocker, but there were
explanations - most notably the terrible
starts Bolt got off to throughout the 100
heats and in the nal, to say nothing of
any doubt that might still linger over
the false start that scratched him from
worlds last year.
Bolt has always considered the 200,
which better suits his lanky 6-foot-5
frame, his real work. And now, indeed,
he has work to do there, as well. AP
Lee named best cager
PAUL Lee, Rain or Shines prized rookie,
again came up big in a game they sorely
wanted to win, moving them closer to a
coveted goal in the Philippine Basketball
Association Governors Cup and earning
for himself the Accel-PBA Press Corps
Player of the Week honors for the period
June 25 to July 1.
It was the second such citation for the
combo guard, who was similarly picked
by the scribes for the period May 20 to
27, and for good reason.
The 23-year-old former University of the
East standout belied his youth by scoring 18
points and dishing off ve assists in Rain
or Shines 92-90 win over Talk N Text last
Sunday that formalized the teams emer-
gence as eliminations topnotcher.
Pascual, Santos dominate Urge Ride
FIL-AM Cedric Pascual dominated the
BMX Box Jump Contest of the rst leg of
the Cobra-Urge Ride Rules! Tour last June
23 at the open parking of SM City Masin-
ag, where some 300 BMX and MTB Stunt
Riders showed their wares and amazed the
audience with their tricks.
The event was supported by Cobra En-
ergy Drink, URGE Events, DC Shoes,
Inquirer.net, Solar Sports, SM Super-
malls, Daily Tribune, Business Mirror,
Philippine Daily Inquirer, Manila Times,
Easy Rock 96.3 and Home Radio 97.9.
Fresh from California, Pascual, a vet-
eran competitor in the US pro BMX stunt
circuit, won with his stunning backip-
turndowns and also managed to land
some 540s.
National BMX Super X Stunt Cham-
pion Nono Santos proved that he is the
no. 1 stunt rider in the Philippines as he
nished just a point behind Pascual and
is now emerging behind the shadows of
fellow team scrapbikes legend and men-
tor Armand Mariano. James Lang of Pa-
sig City nished third.
But in the BMX Street contest, Santos
took home the top spot edging surprise
OMAHA, NebraskaMichael Phelps has earned a chance to
swim eight Olympic races in London, rallying to win the 100-me-
ter buttery at the US trials.
Phelps was slow off the blocks and made the turn in sixth place
Sunday. But he caught Tyler McGill on the return lap and surged
to the wall to win 51.14 seconds, well off his world-record pace
(49.82) but fastest in the world this year.
I guess thats OK, Phelps said nonchalantly.
Missy Franklin will have four individual races in London after
capping her week with a dominating win in the 200 backstroke.
Shes expected to swim all three relays, as well, setting her up to
become the rst US woman to swim seven events in a single games.
I cant believe I have seven events, the 17-year-old Franklin
said. Its so overwhelming but so exciting. The whole week went
really, really well.
Anthony Ervin will have only one event in London, a chaotic dash
from one end of the pool to the other. But its amazing that hes going
at all, considering he walked away from the sport in 2003 while at
the peak of his career, burned out and desperate to discover a deeper
meaning to life. He spent eight years working odd jobs, nished his
college degree and even auctioned off the gold medal he won in the
50 free at Sydney in 2000 to aid tsunami victims. AP
Phelps to swim in 8 events
package Chong Zabal of Markina City in
a highly contested Game of Bike Contest.
Taking third spot was Anthonie Bitancor
of Bacoor, Cavite, surpassing darkhorse
Jonhty Claratraval of Tondo, Manila.
The second leg of the event is on July 7
at the open parking of SM Southmall in
Las Pinas City, while the grand nals will
be on July 29 at the SM Mall of Asia in
Pasay City.
For more information, check out the
Facebook fanpage at Urge Ride Rules!
Armand Mariano and his legendary backip in sequence
A8
Barako, Powerade try to stay alive
By Jeric Lopez

GIVEN a new lease on life and a
second chance, Barako Bull and
Powerade are more than willing
to make the most out of their
situation.
The Energy and the Tigers will
ght to stay alive and keep their
campaigns running as they gure
in a knockout playoff in the 2012
Philippine Basketball Association
Governors Cup today.
The two squads will square off
in a do-or-die tussle at 6:30 p.m.
at the Smart-Araneta Coliseum
to see who moves a step closer to
the seminals.
The victor will move forward
to face Meralco tomorrow in
another playoff game to see, who
nally grabs that elusive sixth
and last ticket to the seminals.
His team missed on a great
chance to get a bye, but Barako
Bull coach Junel Baculi is still
hopeful that his veteran squad
can somehow take this longer
path and embrace the opportunity
since all is not lost.
Were lucky. Well play
Powerade now and well see
what we can do, said Baculi.
Unfortunately, we have to go the
long route. We must play above it.
Our veterans are used to this kind of
a game and Im counting on them.
The Bolts, the Energy and the
Tigers nished the elimination
round at 4-5, tied for the sixth
and nal seminals slot, forcing
a couple of playoff games to
settle the matter.
Barako Bull topped Meralco,
81-79, last Sunday remain in
contention with Powerade. Had
Meralco won, the semis cast
wouldve been completed.
If the Energy won that contest
by ve points or more, it wouldve
been the one waiting and it
wouldve been Meralco battling
Powerade in the rst playoff due
to a superior quotient. Instead, the
Bolts are the one waiting. Barako
Bull was ahead by 17 points early
in the fourth period.
Sports
Manila Standard TODAY
sports@manilastandardtoday.com sports_mstandard@yahoo.com Riera U. Mallari, Editor
TELEVISION viewership of
the games of the Philippine
Basketball Association are the
highest they have been in the
past eight years, following the
conclusion of the epic seven-
game Commissioners Cup ti-
tle series between the B-MEG
Llamados and the Talk N Text
Tropang Texters.
Figures provided to the
PBA Commissioners Ofce
by broadcast partner AKTV
showed that the recent Commis-
sioners Cup was the highest-
rated conference in terms of
audience share (based on actual
TV sets in use during the survey
period) and AMR (average per
minute rating) since 2004.
The Commissioners Cup
showed a 10.3 share and an
AMR of 2.8. This beat the
9.3 audience share during the
2005 Philippine Cup and the
2.6 AMR last reached during
the 2008 Fiesta Cup.
In fact, at one point during
the overtime period of Game
7, there were more than four
million viewers tuned in to
AKTV, for an AMR of 9.7 and
a 27.4% audience share, beat-
ing the big three of GMA-7
(24%), ABS-CBN (19%) and
AKTV parent network ABC-5
(17%) in Megamanila.
PBA Commissioner Atty.
Chito Salud attributes the rat-
ings rise to three factors.
PBAs TV
ratings at an
8-year high
2 stars
monster
games lift
SSC Stags
By Peter Atencio
THE San Sebastian
Stags got monster games
from Ian Sangalang and
Calvin Abueva Monday in the
88th National Collegiate Ath-
letic Association mens basket-
ball tournament.
Sangalang came up with his
second double-double perfor-
mance for the season of 23 points
and 10 rebounds, leading the
Stags to an 80-65 subduing of the
University of Perpetual Help Altas
at The Arena in San Juan.
Abueva backed up San-
galang with his triple double
of 15 points, 15 rebounds and
a career-high 11 assists for the
Stags, who picked up their sec-
ond win in three matches.
SSCs triumph kept the Altas
out of the solo lead as coach Aric
del Rosarios wards dropped to a
share of second with the Stags.
Abueva and rookie Michael
Juico, who also banged in 15
points, joined hands for 13 points
in the rst period as they erected
a 19-11 rst-quarter lead for SSC.
The Stags needed two big
scoring spurts before they were
able to move away by as much
as 20 points in the last period.
We just focused on making
stops. That is our main goal.
We were just smarter in tak-
ing care of the basketball, and
the quality of shots we took.
We limited their fastbreaks,
left their guards home and let
the bigs play their game, said
Stags coach Topex Robinson.
In the junior division, the
San Sebastian Staglets and the
defending champion San Beda
Red Cubs turned back separate
foes by big margins to keep
their share of the lead.
Michael Calisaan made 26
points for the Staglets, who
soared to their third consecutive
triumpha 98-94 stopping of
the Perpetual Help Altalettes.
The Red Cubs, behind Ran-
bill Tiongco with 27 points,
came off with a record break-
ing 171-44 demolition of the
Lyceum Junior Pirates.
FOR the last ve years, the
Jose Rizal University Heavy
Bombers have always been
contenders in the Final Four
of the National Collegiate Ath-
letic Association mens basket-
ball tournament.
This year, the Heavy Bomb-
ers are again considered a fa-
vorite to make it to the semis
of the 88
th
season.
They may not have experi-
enced big men, but they have
veterans, who can still make a
difference for the Kalentong-
based cagers.
Two of their top shooters in
John Lopez and Nate Matute
showed it when the Heavy Bomb-
ers squeaked past the Mapua Car-
dinals, 65-64, in a recent game.
Lopez, who led the Heavy
Bombers with 16 points and 10
rebounds, made the winning
free throw, which carried JRU
to their rst win of the season.
Averaging 9.9 points and 5.5
rebounds per game, Lopez and
Matute (11.6 points) are expect-
ed to provide JRU the leadership
it needs as the season progresses.
Hopefully, we will perform
better this year. We made it to
the Final Four last year, but,
we hope to do better this time,
although we dont have many
big guys, said assistant coach
Jun Tiongco, who spoke on be-
half of Vergel Meneses.
Peter Atencio
Bombers
favored to
make semis
Tiger moves
past Jack
WIMBLEDON
Bulldogs ready for UAAPs 75
th
season
NATIONAL University is
pulling all the stops for a
successful hosting of the
University Athletic Association
of the Philippines Season 75,
which will begin on July 14 at
the state-of-the-art Mall of Asia
Arena.
The Bulldogs are also ready
to end a long title drought in the
mens basketball competitions
spanning for more than six
decades.
This is the rst hosting of
National University with our
new partnersthe SM group of
companies. We are all excited,
said UAAP Season 75 president
Nilo Ocampo. We want to
show it to our fans, supporters,
especially our alumni and make
them proud of our school.
What makes this seasons
hosting so special is National
University will hold most of its
basketball games at the Mall of
Asia Arena, the countrys newest
sporting stadium.
We can call this the home of the
Bulldogs, said Ocampo. Sixty
percent of our mens basketball
games will be at MOA Arena.
With the help of the sports
program initiated by National
University athletic director
Junel Baculi, who is also the
leagues secretary-treasurer, the
Bulldogs are expected to gure
well in other sports aside from
basketball.
In Season 74, the Bullpups
ruled the juniors basketball and
the Bulldogs topped the baseball
competitions, ending National
Universitys long, dry spell of
winning a championship in any
sport.
I think it will be a very good
year for us in all events, said
Ocampo.
Other teams to watch out
for National University are
mens lawn tennis and mens
badminton, which both nished
second in Season 74, as well as
in mens volleyball, where the
Bulldogs won a couple of off-
season crowns.
Now, for sure not just in
basketball but in all events, and
we hope we can give everyone a
tough competition, said Ocampo.
Of course, with the unbeaten
championship run in last months
pre-season tournament, National
University is installed as one of
the pre-season favorites for the
crown.
A look ahead to Wimbledon on
Monday after Sundays day off: Mens
Fourth-Round Matches: No. 1 Novak
Djokovic vs. Viktor Troicki, No. 3 Roger
Federer vs. Xavier Malisse, No. 4 Andy
Murray vs. No. 16 Marin Cilic, No. 5
Jo-Wilfried Tsonga vs. No. 10 Mardy
Fish, No. 7 David Ferrer vs. No. 9 Juan
Martin del Potro, No. 18 Richard
Gasquet vs. No. 31 Florian Mayer, No.
26 Mikhail Youzhny vs. Denis Istomin,
No. 27 Philipp Kohlschreiber vs.
qualier Brian Baker.
BETHESDA, Md.The ight of his shot into the
18
th
green was so pure that Tiger Woods immediately
started walking and twirled his club, knowing that
it effectively wrapped up another win at the AT&T
National. Making it even more special was the sound
of thousands of fans at Congressional to see it.
One day after spectators were kept away
from the golf course because of debris
from a violent wind storm, they returned
Sunday in full force and got what they ex-
pected - Woods in his red shirt, outlasting
Bo Van Pelt in a back-nine duel, and pos-
ing with another trophy.
Yesterday was a silent day, Woods
said. I think everyone saved up for today.
What an atmosphere to play in front of.
Woods closed with a 2-under 69at
one point going 41 holes without a bo-
gey on a Congressional course that was
tougher than when it held the US Open
last yearand won for the third time this
year. It was the 74
th
win of his career,
moving him past Jack Nicklaus into sec-
ond place on the PGA Tour, eight short
of Sam Sneads record.
Not bad for a guy who only ve months
ago walked off the course at Doral with
another injury to his left Achilles tendon.
I remember there was a time when peo-
ple were saying I could never win again,
Woods said.
He stayed at No. 4 in the world, but a couple
of other rankings indicate how he is trending.
Woods moved to the top of the PGA Tour mon-
ey list and the FedEx Cup standings for the rst
time since September 2009.
And this win puts him in a position to
reclaim No. 1 over the nal two majors of
the year. The ranking is based on points
over two years. If it were a vote, Van Pelt
knows how he would cast his ballot.
I think hes the only guy to win three
tournaments on tour this year, is that cor-
rect? he said. On three different golf
courses. And he was leading the US Open
after two days. So Id say that hes playing
the best golf in the world right now.
Van Pelt made him work for it. AP
Souvenir cap. Filipino-American coach Erik Spoelstra of the Miami
Heat has sent to President Benigno S. Aquino III an autographed
black and gray championship cap with a message To PNoy, Best
wishes! Coach Spo. The souvenir from the 2012 National Basketball
Association champion Miami Heat was sent through ABS-CBNs TJ
Manotoc, who covered the recent NBA nals.
WIMBLEDONNo matter
what happens in Week 2, this
Wimbledon will be remembered.
Most of all, for 11-time
major champion Rafael Nadals
second-round defeat to a player
ranked 100
th
a player who also
lost two days later.
Nadal, Roger Federer and top-
ranked Novak Djokovic have
combined to win 28 of the past
29 Grand Slam titles, and the last
nine at the All England Club.
As action was set to resume
Monday with all 16 mens and
womens fourth-round matches
after the middle Sundays
traditional day off, this much
was certain: There will be a rst-
time Wimbledon mens nalist.
It could be No. 4 Andy Murray,
who lost in the seminals each
of the past three years, including
to Nadal in 2010 and 2011. Or
No. 5 Jo-Wilfried Tsonga, a
seminalist last year.
Mondays matchups on the
bottom half of the draw: Murray
vs. No. 16 Marin Cilic, Tsonga vs.
No. 10 Mardy Fish, 126th-ranked
qualier Brian Baker vs. No. 27
Philipp Kohlschreiber, and No. 7
David Ferrer vs. No. 9 Juan Martin
del Potro, the 2009 U.S. Open
champion who is the only member
of that eight-man group with a
Grand Slam title on his resume.
On the top half, Djokovic
seeking to win his fth title in the
last seven majorsand Federer
aiming for a record-tying seventh
Wimbledon championship
are on course for a seminal
showdown. AP
First-time nalist looms
TNTs Ranidel De Ocampo (left) wards off Rain or Shines Jamelle
Cornley while driving to the basket in a PBA game won by the
Painters, 92-90.
Tiger Woods wipes his forehead as he waits to putt on the rst green during the nal round of the AT&T National golf tournament at Congressional Country Club in Bethesda. AP
LOTTO RESULTS
6/55 000000000000
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4 DIGITS 00000000
3 DIGITS 000000
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Business
B1
Ray S. Eano, Editor extrastory2000@gmail.com
Roderick T. dela Cruz, Assistant Editor
IN BRIEF
Hearings set on overbooked flights
Aboitiz taps contractors for Davao coal plant
Closing July 2, 2012
PESO-DOLLAR RATE
PSE COMPOSITE INDEX
5,300.24
53.83
OIL
PRICES
TODAY
P780-P895.00
LPG/11-kg tank
P54.55-P61.02
Unleaded Gasoline
P46.10-P49.90
Diesel
P52.34-P57.85
Kerosene
P38.50-P39.20
Auto LPG
FOREI GN EXCHANGE RATE
Currency Unit US Dollar Peso
United States Dollar 1.000000 42.2760
Japan Yen 0.012523 0.5294
UK Pound 1.567000 66.2465
Hong Kong Dollar 0.128939 5.4510
Switzerland Franc 1.052632 44.5011
Canada Dollar 0.983381 41.5734
Singapore Dollar 0.790326 33.4118
Australia Dollar 1.024066 43.2934
Bahrain Dinar 2.652661 112.1439
Saudi Arabia Rial 0.266652 11.2730
Brunei Dollar 0.787216 33.2803
Indonesia Rupiah 0.000107 0.0045
Thailand Baht 0.031516 1.3324
UAE Dirham 0.272264 11.5102
Euro Euro 1.264400 53.4538
Korea Won 0.000876 0.0370
China Yuan 0.157379 6.6534
India Rupee 0.017995 0.7608
Malaysia Ringgit 0.315657 13.3447
NewZealand Dollar 0.803277 33.9593
Taiwan Dollar 0.033568 1.4191
Source: PDS Bridge
Bangko Sentral ng Pilipinas
Monday, July 2, 2012
40
42
44
46
48
P42.020
CLOSE
Closing July 2, 2012
5200
4460
3720
2980
2240
1500
1200
VOLUME 883.650M
HIGH P41.950 LOW P42.050 AVERAGE P41.993
PNOC
to limit
sale of
shares
Best chief executive. Manuel Pangilinan (third from left), chairman of Philippine Long Distance Telephone Co., was honored
with the Best CEO Award for the Philippines from the Hong Kong-based leading nancial investment magazine FinanceAsia at the
recent awarding ceremonies held in Makati. Pangilinan is concurrently the president and chief executive of power retailer Manila
Electric Co., chairman and chief executive of Philex Mining Corp. and chairman of Metro Pacic Investments Corp. Presenting the
Best CEO Award are (from left) ATR KimEng Securities president Lorenzo Roxas, ATR KimEng Financial Corp. president Manuel
Tordesillas and ATR KimEng Financial chairman Ramon Arnaiz.
BDO Unibank Inc., the countrys largest
lender, raised P43.5 billion from its stock
rights offering that drew strong interest
from both local and international investors.
The offer raised gross
proceeds of P43.5 billion
[equivalent to over $1 billion].
This represents a key milestone
not only for BDO but also for the
Philippines, being the largest ever
equity capital markets transaction
by a Philippine issuer, the bank
said in a statement Monday.
BDO said the share sale,
involving 895.2 million common
shares, was oversubscribed, as
shareholders applied for shares
beyond their entitlement.
The offer also saw strong
participation from the banks
domestic and international
investors, despite challenging
global market conditions, it said.
The share sale was designed
to help the bank raise funds for
its medium-term expansion and
meet the more stringent capital
requirement of Basel III, an
international nancial treaty
signed by the Philippines. The
offering period closed on June
27.
BDO president and chief
executive Nestor Tan said earlier
the capital-raising program
would boost the banks capital to
P145 billion from around P100
billion.
The new shares were issued at
a price of P48.60, under the 1 for
3 stock rights offer, which means
shareholders were allowed to buy
one additional BDO share for
every three shares they owned.
The new shares will be listed
on the Philippine Stock Exchange
on July 4. BDO said this will
raise its total number of issued
and outstanding common shares
to 3.58 billion.
The bank said the share sale
strengthened its common equity
tier1 capital. BDO believes the
offer has better-positioned it to
fulll its medium-term growth
objectives and take advantage
of the positive outlook on the
Philippine economy, it said.
Citi, Deutsche Bank and
J.P. Morgan served as joint
international lead managers and
international underwriters while
United Overseas Bank Ltd. acted as
international co-lead manager and
international co-lead underwriter.
BDO Capital & Investment
Corp. was the issue manager and
domestic underwriter.
BDO had total assets of
nearly P1.1 trillion as of end-
March, including P857 billion
in deposits. It operates more
than 770 branch licenses and
over 1,645 ATMs nationwide.
It booked a net income of P2.8
billion in the rst quarter, up by
15 percent from a year ago.
Tan said full-year income was
expected to reach P12.5 billion in
2012, up from the actual P10.5-
billion net earnings in 2011.
Anna Leah G. Estrada
By Alena Mae S. Flores
PNOC Exploration Corp., the
oil and gas exploration unit of
state-owned Philippine National
Oil Co., has no plans to offer
to investors more than what is
required for to comply with
the 10-percent minimum public
oat rule of the Philippine Stock
Exchange.
We cannot and we will not
[go higher than 10 percent],
PNOC Exploration chairman
Gemiliano Lopez Jr. told
reporters at the sidelines of the
stockholders meeting Monday.
Silvestre Punsalan III, PNOC
Exploration vice president
and compliance ofcer, told
reporters separately the company
was making preparations for the
offering of 218 million primary
shares. The company plans to sell
primary B shares that can be sold
to local and foreign investors.
The company has appointed
Union Bank of Switzerland
AG as nancial advisor,
sole underwriter and global
coordinator for its additional
public offering.
Denitely PNOC EC
will stay listed in the PSE
and so we have a deadline of
Dec. 31, 2012. They [UBS]
are currently undergoing the
valuation process. The valuation
process takes three months, that
means we are looking at August,
September for the valuation to
nish, he said.
PNOC Exploration A shares
last traded at P24 on Oct. 6,
2012. PNOC Explorations
class B shares closed at P50.50
Monday.
Punsalan said the company
would le an application with
the PSE to sell 218 million
primary shares after completing
its nancial statement for the
second quarter.
The PSE takes around a
month and a half to give the
approval, so they are also
looking at September to get the
go signal for PNOC EC to sell
the 218 million shares, he said.
He said once the PSE to
approved the application and the
nancial advisor completed the
valuation of PNOC Explorations
shares, the oil company would
submit the documents to the
Finance Department and the
Privatization and Management
Ofce for approval.
THERMA South Inc., a unit
of Aboitiz Power Corp., said
Monday it signed contracts with
local and foreign companies to
build its 300-megawatt coal-red
power plant in Davao.
The aggregate value of
the construction, supply and
coordination contracts for the
Davao coal project is around $546
million, Aboitiz Power said in a
disclosure to the Philippine Stock
Exchange.
The P25-billion coal plant
will be constructed in Barangay
Binugao, Toril District, Davao
City and Barangay Inayawan,
Sta. Cruz, Davao del Sur.
Aboitiz Power said the Davao
coal project had obtained approval
of the Davao City Council
and secured an environmental
compliance certicate from the
Environment Department. The
company did not say when it
plans to start construction of the
plant.
Erramon Aboitiz, Aboitiz
Power president, earlier said
the proposed 300-MW coal
plant would ensure the security
of the citys power supply and
comply with strict health and
environmental standards.
Aboitiz Power has been
developing and operating various
power generating plants across
the country to help provide power
users with reliable, affordable
and safe electricity since 1978.
We have the track record to
show that in carrying out our
responsibilities in developing
and operating these power plants,
we have always adhered to high
standards of professionalism and
integrity and resolutely advanced
the well-being of our community
and the environment, Aboitiz
said.
He also said Davao City
needed long-term power supply
security because of the acute
power shortage in Mindanao.
This is the most suitable
facility for Davao City as it can
answer both the citys need for
a power source that is equipped
with proven capabilities to
safeguard the health of people and
the environment and a dependable
power source to fuel its progress
and that of its citizenry, he said.
Alena Mae S. Flores
By Julito G. Rada
ROXAS Holdings Inc., the
countrys largest sugar producer,
posted a net prot of P668 million
in an eight-month period ending
May 31 this year.
The company said in a disclosure
to the stock exchange Monday
that earnings before interest, taxes,
depreciation and amortization, rose
to a record P1.5 billion.
RHI has denitely turned
around, thanks to our focus on cost
containment and proper margin
management and the continuing
support of our major banks,
Roxas Holdings chairman Pedro
Roxas said in a statement.
RHI president and chief executive
Renato Valencia, however, said the
company was expecting its net
income to dip slightly by the end
of its scal year in September scal
yearend due to the regular, major
off-season repairs in preparation for
the coming crop year.
We are preparing for the future
which looks promising although
fraught with a lot of challenges,
Valencia said.
He said sugar was a basic
commodity that would continue
to grow with population, with
Asia accounting for 60 percent of
the worlds total.
Asias major sugar producers, the
Philippines included, are therefore
well positioned. On the other hand,
sugar is a commodity, characterized
by high volumes, low and volatile
prices and thin margins. Thus, only
sugar businesses with the volumes,
low-cost operations, broad and
competitive product portfolio, and
innovative management will survive
and ourish, Valencia said.
By Lailany P. Gomez
THE government will issue the nal
policy on overbooking of ights and
refund of airline ticket cost within the
month.
A comprehensive passenger bill of
rights, which the Transportation and
Trade Departments are drawing, will
contain the nal rules on overbooking of
ights and non-refundability of tickets
by late passengers.
Transportation Secretary Manuel
Roxas said the two agencies would hold
a series of public hearings Friday prior
to the drafting of a joint administrative
order on airline passenger bill of
rights.
Roxas said in a media brieng he
invited members of Congress, tourism
ofcials and representatives from airlines,
consumer groups and other stakeholders
to take part in the public hearings.
He said among the changes that would
be tackled is the process of bumping off
passengers due to airlines practice of
overbooking ights.
A passenger can only be bumped off
if he voluntarily agrees to, Roxas said.
Roxas said there should also be a
system providing compensation and
incentives to passengers who were
bumped off.
But the decision which passenger
should be bumped off will no longer be
at the hands of the airline companies,
Roxas said.
He said pending the release of the
comprehensive air passenger bill of
rights, the Civil Aeronautics Board
regulations would remain in effect.
The CAB had issued Economic
Regulation 7, which provides better
compensations for bumped off passengers
and victims of delayed and cancelled
ights. It also issued other resolutions
which suspended the option of airlines to
overbook ights.
Several airlines asked the CAB to
reconsider the new regulations. The
board denied their motions, but deferred
the effectivity of the earlier resolutions
on overbooking, non-rebookability and
non-refundability in an order which took
effect June 13.
A nal policy on these issues will be
decided after the public hearings and
approval of the passenger bill of rights.
Roxas said the Transportation and
Trade Departments would take into
consideration both the interests of airline
passengers and airlines in light of the
expanding tourism industry.
ALI capital hike approved
THE Securities and Exchange Commission has
approved the increase in the authorized capital
stock of property developer Ayala Land Inc.
from P21.5 billion to P22.803 billion.
Ayala Land said in a disclosure to the stock
exchange Monday the increase would bring the
total number of its voting preferred shares to
15 billion.
The company said its articles of incorporation
had been amended to reect the increase in the
authorized capital stock.
The SEC approval rendered effective the
subscription to the 13,066,494,759 voting
preferred shares that we offered exclusively to
our shareholders in accordance with their pre-
emptive rights, the company said.
The developer said earlier it was forging
a joint venture with the parent company of
Ortigas & Co. Ltd. Partnership in its businesses
and property projects.
It said it was earmarking an initial P15 billion
for the strategic alliance, which was consistent
with the companys thrust of expanding its
operations to other areas within and outside
Metro Manila. Julito G. Rada
BSP bans at interest
THE Bangko Sentral said Monday it has
started implementing the tightened rules of
the Truth in Lending Act, which protects bank
customers and prohibits banks from charging
at interest.
Bangko Sentral Deputy Governor Nestor
Espenilla Jr. said in the news brieng the
new rules aimed to make lending rates more
understandable, comparable and known to the
client, so they could make better decision.
Banks are now required to charge interest
on the outstanding balance of the loan at the
beginning of an interest period. The rules
effectively prohibit charging at interest rates
and other methods which misleadingly feature
a markedly lower contractual interest rate than
the actual effective interest rates.
Espenilla noted that under current practices,
some credit providers use the so-called at
interest rates that substantially differ from the
effective interest rate.
The new regulations will apply to both banks
and non-bank nancial institutions under BSP
supervision.
It is appropriate to implement enhancements
to the Truth and Lending Act. Clients should
know the actual price, terms, and conditions
of nancial products sold to them, Espenilla
said. Anna Leah G. Estrada
Roxas Holdings posts
net income of P668m
BDO offering raises P43.5b
Business
ManilaStandardToday
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Market reaches 5,300
again; Ayala Land up
52 Weeks Previous % Net Foreign (Peso)
High Low STOCKS Close High Low Close Change Volume Trade/Buying
MST BUSINESS DAILY STOCKS REVIEW
MONDAY, JULY 2, 2012
M
S
T
FINANCIAL
70.00 46.00 Banco de Oro Unibank Inc. 63.40 63.50 63.00 63.50 0.16 2,408,090 78,653,284.00
76.80 50.00 Bank of PI 74.60 75.60 74.58 75.50 1.21 1,129,130 49,976,916.50
1.82 0.69 Bankard, Inc. 0.70 0.70 0.70 0.70 0.00 2,000
512.00 370.00 China Bank 491.00 493.20 490.00 493.00 0.41 5,400
1.95 1.42 BDO Leasing & Fin. Inc. 1.78 1.78 1.78 1.78 0.00 63,000
23.90 12.50 COL Financial 23.20 23.30 22.00 22.00 (5.17) 177,200
Eastwest Bank 18.90 19.14 18.90 18.92 0.11 4,992,800 17,034,232.00
22.00 7.56 Filipino Fund Inc. 10.50 10.70 10.02 10.02 (4.57) 2,300
0.95 0.62 First Abacus 0.76 0.71 0.71 0.71 (6.58) 100,000
80.00 40.00 First Metro Inv. 85.00 89.00 80.00 80.00 (5.88) 510
3.26 1.91 I-Remit Inc. 2.77 2.78 2.69 2.69 (2.89) 112,000
775.00 475.20 Manulife Fin. Corp. 491.80 461.00 460.00 461.00 (6.26) 400
93.50 60.00 Metrobank 92.50 95.50 93.55 94.85 2.54 3,043,910 172,668,676.50
3.06 1.30 Natl Reinsurance Corp. 2.00 2.00 1.98 2.00 0.00 1,075,000 (2,099,600.00)
16.85 41.00 Phil. National Bank 72.30 75.30 72.30 75.00 3.73 1,938,590 103,703,313.00
85.00 57.70 Phil. Savings Bank 83.80 88.00 83.80 88.00 5.01 70
539.00 204.80 PSE Inc. 360.00 362.60 355.40 360.00 0.00 1,190
44.40 25.45 RCBC À 43.90 43.90 43.50 43.60 (0.68) 1,495,700.00 17,714,485.00
151.50 77.00 Security Bank 142.40 145.50 139.00 139.30 (2.18) 478,790 (1,014,622.00)
1390.00 950.00 Sun Life Financial 902.00 904.00 902.00 904.00 0.22 410 9,020.00
140.00 58.00 Union Bank 100.00 101.00 100.00 100.50 0.50 256,440 22,989,050.00
2.06 1.43 Vantage Equities 1.83 1.83 1.82 1.83 0.00 54,000
INDUSTRIAL
35.50 26.50 Aboitiz Power Corp. 34.15 34.95 34.20 34.30 0.44 4,406,700 44,288,080.00
13.58 7.32 Agrinurture Inc. 8.96 8.90 8.84 8.85 (1.23) 54,300 (481,210.00)
23.50 11.98 Alaska Milk Corp. 16.50 16.50 16.00 16.00 (3.03) 3,900
1.86 0.97 Alliance Tuna Intl Inc. 1.43 1.44 1.41 1.44 0.70 980,000 488,480.00
54.90 26.00 Alphaland Corp. 28.60 28.90 28.60 28.90 1.05 3,800
1.65 1.08 Alsons Cons. 1.35 1.34 1.30 1.34 (0.74) 595,000
Asiabest Group 25.20 27.50 25.50 26.50 5.16 107,600
102.80 3.02 Bloomberry 9.51 9.65 9.42 9.50 (0.11) 11,731,300 (663,143.00)
26.55 12.50 C. Azuc De Tarlac 17.50 17.50 17.40 17.40 (0.57) 1,100
2.88 2.24 Calapan Venture 2.40 2.40 2.35 2.35 (2.08) 20,000
144.00 36.00 Conc. Aggr. À 79.50 82.00 79.50 80.00 0.63 810
3.07 2.30 Chemrez Technologies Inc. 2.66 2.67 2.66 2.67 0.38 116,000 133,500.00
8.33 7.41 Cirtek Holdings (Chips) 9.28 9.30 8.92 9.20 (0.86) 152,200
7.06 4.83 Energy Devt. Corp. (EDC) 6.03 6.20 6.10 6.14 1.82 37,216,300 115,173,192.00
6.28 2.80 EEI 6.38 6.45 6.38 6.39 0.16 2,119,400 5,037,494.00
3.80 1.00 Euro-Med Lab. 2.09 2.08 1.99 2.00 (4.31) 21,000
15.58 12.50 First Gen Corp. 17.66 18.00 17.70 17.86 1.13 7,575,300 32,937,240.00
67.20 51.50 First Holdings A 75.60 76.75 75.75 76.45 1.12 1,832,390 30,881,211.50
31.50 22.50 Ginebra San Miguel Inc. 20.90 21.00 20.20 21.00 0.48 25,900
0.10 0.0095 Greenergy 0.0140 0.0140 0.0130 0.0130 (7.14) 31,100,000 42,000.00
13.50 7.80 Holcim Philippines Inc. 11.90 11.70 11.40 11.70 (1.68) 10,900 119,700.00
9.00 4.71 Integ. Micro-Electronics 4.00 4.00 4.00 4.00 0.00 4,000
2.35 0.95 Ionics Inc 0.780 0.780 0.760 0.760 (2.56) 34,000
120.00 80.00 Jollibee Foods Corp. 104.20 108.00 106.00 107.90 3.55 523,860 23,898,434.00
8.40 1.04 LMG Chemicals 1.61 1.75 1.60 1.66 3.11 285,000 1,750.00
1.55 0.99 Mabuhay Vinyl Corp. 1.47 1.46 1.46 1.46 (0.68) 30,000
3.20 1.05 Manchester Intl. A 2.60 2.65 2.50 2.60 0.00 75,000
3.19 1.08 Manchester Intl. B 2.55 2.68 2.58 2.68 5.10 31,000 13,100.00
24.70 17.94 Manila Water Co. Inc. 24.55 24.80 24.55 24.65 0.41 1,131,900 (5,474,070.00)
6.95 0.75 Mariwasa MFG. Inc. 2.63 2.63 2.63 2.63 0.00 6,000
15.30 8.12 Megawide 17.50 17.40 17.38 17.38 (0.69) 3,900 (8,690.00)
295.00 215.00 Mla. Elect. Co À 253.40 259.60 253.60 257.00 1.42 460,130 42,182,150.00
11.00 7.00 Pancake House Inc. 10.00 10.50 10.50 10.50 5.00 1,500
3.00 1.96 Pepsi-Cola Products Phil. 2.77 2.77 2.72 2.76 (0.36) 719,000 570,040.00
17.40 9.70 Petron Corporation 10.00 10.16 10.04 10.12 1.20 1,117,300 (767,260.00)
15.24 9.01 Phoenix Petroleum Phils. 8.40 8.40 8.20 8.34 (0.71) 173,200 1,037,250.00
9.50 5.25 Republic Cement À 8.40 8.60 7.50 8.60 2.38 26,900
2.55 1.01 RFM Corporation 3.58 3.78 3.47 3.50 (2.23) 6,315,000 1,789,280.00
3.49 2.01 Roxas Holdings 2.50 2.65 2.65 2.65 6.00 7,000
6.50 2.90 Salcon Power Corp. 6.51 6.40 5.80 6.18 (5.07) 88,900
33.00 27.70 San Miguel Brewery Inc. 29.00 29.00 29.00 29.00 0.00 100
132.60 105.70 San Miguel Corp À 114.00 115.10 114.40 114.60 0.53 489,370 41,624,842.00
1.90 1.25 Seacem 1.76 1.78 1.75 1.77 0.57 14,596,000 16,085,540.00
2.50 1.85 Splash Corporation 1.88 1.87 1.82 1.82 (3.19) 187,000
0.250 0.112 Swift Foods, Inc. 0.128 0.130 0.128 0.128 0.00 220,000
5.46 2.92 Tanduay Holdings 4.50 4.53 4.49 4.51 0.22 1,243,000 484,820.00
3.62 1.99 TKC Steel Corp. 2.16 2.10 2.07 2.10 (2.78) 15,000
1.41 0.90 Trans-Asia Oil 1.22 1.23 1.22 1.23 0.82 1,472,000 (7,320.00)
68.00 36.20 Universal Robina 62.95 63.65 62.50 62.50 (0.71) 3,064,060 (9,619,239.50)
Victorias Milling 1.41 1.43 1.40 1.41 0.00 833,000 28,400.00
1.12 0.285 Vitarich Corp. 0.630 0.680 0.630 0.650 3.17 5,861,000
18.00 2.55 Vivant Corp. 12.10 12.26 10.60 10.60 (12.40) 2,100
1.22 0.68 Vulcan Indl. 0.93 1.01 0.95 1.01 8.60 150,000
HOLDING FIRMS
1.18 0.65 Abacus Cons. À 0.72 0.71 0.70 0.70 (2.78) 355,000
59.90 35.50 Aboitiz Equity 48.95 49.50 48.95 49.45 1.02 1,731,000 62,993,870.00
0.019 0.014 Alcorn Gold Res. 0.0160 0.0170 0.0160 0.0160 0.00 8,400,000
13.48 8.00 Alliance Global Inc. 11.54 11.74 11.56 11.60 0.52 15,635,000 (4,953,200.00)
2.97 1.67 Anglo Holdings A 2.00 2.01 2.00 2.00 0.00 356,000
4.60 3.00 Anscor À 4.49 4.63 4.62 4.63 3.12 69,000
6.98 0.260 Asia Amalgamated A 5.15 5.16 5.10 5.16 0.19 5,700
4.16 2.30 ATN Holdings B 2.67 2.70 2.70 2.70 1.12 1,000
437.00 272.00 Ayala Corp À 469.20 476.40 470.20 474.60 1.15 373,990 (28,770,230.00)
59.45 30.50 DMCI Holdings 56.90 58.40 56.90 57.55 1.14 2,697,450 41,866,414.00
5.25 3.30 Filinvest Dev. Corp. 3.90 4.00 3.90 3.93 0.77 538,000
0.98 0.10 Forum Pacic 0.200 0.202 0.201 0.201 0.50 140,000
GT Capital 505.00 515.50 507.00 510.00 0.99 326,870 115,780,325.00
5.22 2.90 House of Inv. 4.50 4.60 4.50 4.60 2.22 159,000 404,000.00
34.80 19.00 JG Summit Holdings 34.90 35.20 34.85 34.85 (0.14) 1,550,600 5,424,230.00
4.19 2.27 Jolliville Holdings 2.95 2.10 2.10 2.10 (28.81) 5,000
6.95 4.00 Lopez Holdings Corp. 5.95 6.15 6.00 6.11 2.69 6,651,000 (1,448,400.00)
1.54 0.61 Lodestar Invt. Holdg.Corp. 1.28 1.33 1.23 1.23 (3.91) 2,726,500 (121,300.00)
3.82 1.500 Marcventures Hldgs., Inc. 2.56 2.61 2.51 2.58 0.78 1,471,000 (658,630.00)
4.45 2.56 Metro Pacic Inv. Corp. 4.17 4.29 4.16 4.20 0.72 27,482,000 (100,730.00)
6.24 2.10 Minerales Industrias Corp. 5.31 5.51 5.31 5.48 3.20 693,400
4.72 1.22 MJCI Investments Inc. 6.30 6.80 6.00 6.69 6.19 18,900 (600.00)
0.0770 0.054 Pacica À 0.0570 0.0600 0.0580 0.0580 1.75 16,870,000
2.20 1.42 Prime Media Hldg 1.500 1.500 1.360 1.360 (9.33) 6,000
0.82 0.44 Prime Orion 0.460 0.475 0.465 0.470 2.17 1,400,000
4.10 1.56 Republic Glass A 2.20 2.20 2.20 2.20 0.00 3,000
2.40 0.91 Seafront À 1.33 1.35 1.34 1.34 0.75 71,000
0.490 0.285 Sinophil Corp. 0.345 0.345 0.340 0.340 (1.45) 400,000 34,000.00
699.00 450.00 SM Investments Inc. 730.00 730.00 725.00 727.00 (0.41) 336,980 7,836,870.00
1.78 1.00 Solid Group Inc. 1.40 1.45 1.40 1.43 2.14 1,295,000 10.00
0.620 0.056 Wellex Industries 0.3450 0.3450 0.3350 0.3450 0.00 760,000
1.370 0.178 Zeus Holdings 0.510 0.520 0.510 0.520 1.96 52,000
P R O P E R T Y
39.00 11.00 Anchor Land Holdings Inc. 22.00 24.00 23.50 23.50 6.82 9,000 4,800.00
2.82 1.70 A. Brown Co., Inc. 2.83 2.85 2.80 2.80 (1.06) 45,000
22.40 13.36 Ayala Land `B 21.60 22.15 21.90 22.05 2.08 12,986,400 (60,689,585.00)
6.12 3.08 Belle Corp. À 5.25 5.44 5.15 5.15 (1.90) 22,711,800 (15,164,816.00)
9.00 2.26 Cebu Holdings 5.55 5.98 5.57 5.57 0.36 151,400 22,280.00
5.66 0.26 Century Property 1.45 1.48 1.42 1.43 (1.38) 2,075,000 (14,800.00)
2.85 1.20 City & Land Dev. 2.40 2.45 2.35 2.35 (2.08) 59,000
0.127 0.060 Crown Equities Inc. 0.077 0.077 0.077 0.077 0.00 560,000
1.16 0.67 Cyber Bay Corp. 0.83 0.83 0.81 0.83 0.00 569,000 41,500.00
0.90 0.54 Empire East Land 0.760 0.810 0.760 0.800 5.26 44,244,000 9,473,580.00
0.310 0.10 Ever Gotesco 0.175 0.183 0.183 0.183 4.57 10,000
3.06 1.76 Global-Estate 1.80 1.82 1.79 1.82 1.11 3,223,000 (2,960,180.00)
1.35 0.98 Filinvest Land,Inc. 1.28 1.30 1.27 1.29 0.78 13,482,000 (7,944,370.00)
3.80 1.21 Highlands Prime 2.07 1.88 1.87 1.87 (9.66) 13,000
2.14 0.65 Interport À 1.16 1.17 1.13 1.13 (2.59) 251,000 1,170.00
2.48 1.51 Megaworld Corp. 2.19 2.26 2.20 2.23 1.83 179,422,000 80,482,690.00
0.80 0.215 MRC Allied Ind. 0.1950 0.1970 0.1900 0.1900 (2.56) 5,500,000
0.990 0.072 Phil. Estates Corp. 0.6900 0.7000 0.6800 0.6900 0.00 1,063,000
0.71 0.41 Phil. Realty À 0.450 0.500 0.460 0.460 2.22 140,000
4.77 1.80 Polar Property Holdings 4.45 4.46 4.35 4.46 0.22 608,000 44,300.00
3.34 2.08 Primex Corp. 3.00 3.40 3.05 3.40 13.33 512,000 16,250.00
18.86 10.00 Robinsons Land `B 17.42 17.62 17.42 17.50 0.46 4,705,500 3,809,930.00
Rockwell 3.10 3.17 3.09 3.10 0.00 127,000
2.70 1.74 Shang Properties Inc. 2.54 2.52 2.52 2.52 (0.79) 110,000
9.47 6.50 SM Development À 6.15 6.16 6.13 6.15 0.00 1,435,600 2,444,010.00
18.20 10.90 SM Prime Holdings 13.02 13.14 13.00 13.06 0.31 7,211,300 19,281,272.00
1.14 0.64 Sta. Lucia Land Inc. 0.70 0.70 0.68 0.70 0.00 250,000
0.80 0.45 Suntrust Home Dev. Inc. 0.550 0.570 0.530 0.550 0.00 880,000
4.30 2.60 Vista Land & Lifescapes 4.200 4.210 4.130 4.170 (0.71) 8,611,000 (10,903,800.00)
S E R V I C E S
2GO Group 1.94 1.94 1.88 1.88 (3.09) 34,000
43.00 28.60 ABS-CBN 34.80 35.00 34.60 35.00 0.57 20,700
14.76 1.60 Acesite Hotel 4.08 4.20 4.09 4.10 0.49 20,000 (37,100.00)
0.80 0.45 APC Group, Inc. 0.700 0.700 0.700 0.700 0.00 100,000
9.30 7.30 Asian Terminals Inc. 9.00 9.90 9.00 9.80 8.89 4,800
0.5300 0.0660 Boulevard Holdings 0.1390 0.1480 0.1390 0.1480 6.47 31,120,000 (14,400.00)
Calata Corp. 9.00 9.25 8.95 8.95 (0.56) 2,240,100 1,791,760.00
98.15 62.50 Cebu Air Inc. (5J) 68.90 70.00 69.35 69.50 0.87 467,870 (8,253,739.50)
9.70 5.40 DFNN Inc. 6.04 6.10 6.10 6.10 0.99 265,700 (793,000.00)
5.90 1.45 Easy Call Common 3.20 3.11 3.08 3.08 (3.75) 17,000
1750.00 765.00 FEUI 975.00 975.00 955.00 955.00 (2.05) 300 248,300.00
1172.00 11.70 Globalports 22.00 22.00 22.00 22.00 0.00 1,000
1270.00 825.00 Globe Telecom 1115.00 1153.00 1120.00 1120.00 0.45 103,995 33,681,030.00
10.34 6.18 GMA Network Inc. 10.58 10.74 10.58 10.68 0.95 4,445,500
69.00 43.40 I.C.T.S.I. 73.50 74.20 73.40 73.50 0.00 3,958,000 (37,727,776.00)
0.98 0.34 Information Capital Tech. 0.415 0.410 0.410 0.410 (1.20) 160,000
18.40 5.00 Imperial Res. À 8.50 8.50 8.50 8.50 0.00 1,000
6.00 4.00 IPeople Inc. À 6.00 6.30 6.10 6.30 5.00 125,000
4.29 2.20 IP Converge 2.33 2.33 2.17 2.17 (6.87) 478,000 230,000.00
34.50 0.123 IP E-Game Ventures Inc. 0.041 0.014 0.040 0.041 0.00 28,200,000 160,000.00
3.87 1.16 IPVG Corp. 1.03 1.05 1.04 1.04 0.97 210,000
0.0760 0.040 Island Info 0.0530 0.0580 0.0540 0.0540 1.89 6,490,000
5.1900 2.900 ISM Communications 3.0700 3.1000 2.9000 3.0800 0.33 33,000
3.79 1.58 JTH Davies Holdings Inc. 2.65 2.55 2.50 2.50 (5.66) 10,000
11.68 5.90 Leisure & Resorts 8.26 8.75 8.20 8.43 2.06 14,529,800 4,849,457.00
3.96 2.70 Macroasia Corp. 2.85 2.85 2.85 2.85 0.00 24,000
0.84 0.57 Manila Bulletin 0.68 0.68 0.68 0.68 0.00 31,000
3.00 1.00 Manila Jockey 2.45 2.49 2.25 2.42 (1.22) 431,000
21.00 17.20 Pacic Online Sys. Corp. 14.58 14.90 14.60 14.80 1.51 27,400 349,840.00
8.58 4.50 PAL Holdings Inc. 7.37 7.50 7.35 7.45 1.09 20,000
3.32 1.05 Paxys Inc. 2.94 2.99 2.94 2.99 1.70 784,000 (142,580.00)
10.00 4.60 Phil. Racing Club 9.50 9.26 9.26 9.26 (2.53) 900
60.00 17.02 Phil. Seven Corp. 48.80 54.00 51.50 52.00 6.56 1,700
17.18 14.50 Philweb.Com Inc. 12.70 12.70 12.48 12.48 (1.73) 342,400 (849,610.00)
2886.00 2096.00 PLDT Common 2650.00 2734.00 2670.00 2716.00 2.49 123,085 166,419,740.00
0.48 0.23 PremiereHorizon 0.315 0.325 0.310 0.325 3.17 1,800,000
23.75 10.68 Puregold 27.15 28.10 27.40 27.80 2.39 1,570,300 23,000,530.00
Touch Solutions 3.77 3.70 3.70 3.70 (1.86) 30,000
3.30 2.40 Transpacic Broadcast 2.69 2.70 2.58 2.70 0.37 92,000
MINING & OIL
0.0083 0.0036 Abra Mining 0.0041 0.0041 0.0041 0.0041 0.00 15,000,000
6.20 3.01 Apex À 5.15 5.20 5.16 5.17 0.39 263,100
6.22 3.00 Apex `B 5.05 5.20 5.04 5.04 (0.20) 71,000 (361,880.00)
25.20 14.50 Atlas Cons. À 17.98 18.04 17.98 17.98 0.00 529,100 863,880.00
31.00 20.00 Atok-Big Wedge À 29.80 29.80 29.80 29.80 0.00 300
0.380 0.148 Basic Energy Corp. 0.265 0.270 0.260 0.260 (1.89) 1,020,000
30.35 15.00 Benguet Corp À 25.50 24.10 24.10 24.10 (5.49) 10,100
34.00 14.50 Benguet Corp `B 24.95 25.00 25.00 25.00 0.20 1,500
2.51 1.62 Century Peak Metals Hldgs 1.35 1.35 1.28 1.34 (0.74) 1,381,000 130,000.00
50.85 4.35 Dizon 33.00 34.75 33.85 34.05 3.18 412,500 439,130.00
1.21 0.50 Geograce Res. Phil. Inc. 0.70 0.73 0.70 0.71 1.43 6,746,000 (244,080.00)
1.82 0.5900 Lepanto À 1.390 1.410 1.380 1.380 (0.72) 22,020,000
2.070 0.6700 Lepanto `B 1.480 1.510 1.480 1.480 0.00 31,974,000 14,907,820.00
0.085 0.035 Manila Mining À 0.0700 0.0710 0.0700 0.0700 0.00 76,430,000
0.087 0.035 Manila Mining `B 0.0710 0.0720 0.0710 0.0720 1.41 60,390,000 355,000.00
34.80 15.04 Nickelasia 29.90 30.50 30.00 30.00 0.33 890,600 60,500.00
12.76 2.08 Nihao Mineral Resources 9.09 9.49 9.10 9.45 3.96 1,362,000 (75,750.00)
1.100 0.008 Omico 0.7000 0.7400 0.7100 0.7400 5.71 86,000
8.40 2.12 Oriental Peninsula Res. 5.450 5.520 5.400 5.410 (0.73) 2,290,800
0.032 0.012 Oriental Pet. À 0.0180 0.0190 0.0180 0.0180 0.00 32,600,000
0.033 0.013 Oriental Pet. `B 0.0190 0.0200 0.0200 0.0200 5.26 100,000
7.14 5.10 Petroenergy Res. Corp. 6.00 6.00 5.92 6.00 0.00 30,700
28.95 17.08 Philex À 23.85 24.10 23.75 23.85 0.00 3,444,100 16,015,280.00
14.18 3.00 PhilexPetroleum 46.15 47.50 45.95 46.45 0.65 601,500 812,650.00
0.058 0.013 Philodrill Corp. À 0.048 0.051 0.049 0.049 2.08 1,590,200,000 12,872,100.00
69.00 46.00 PNOC Expls `B 50.50 50.50 50.50 50.50 0.00 20
252.00 161.10 Semirara Corp. 218.20 221.00 217.20 217.80 (0.18) 330,340 19,382,962.00
0.029 0.013 United Paragon 0.0200 0.0200 0.0180 0.0180 (10.00) 46,300,000
PREFERRED
47.90 27.30 ABS-CBN Holdings Corp. 37.00 36.50 33.50 36.50 (1.35) 64,300
First Gen G 101.00 102.00 101.10 102.00 0.99 6,330
109.80 100.50 First Phil. Hldgs.-Pref. 104.50 104.50 104.50 104.50 0.00 10,000
11.02 6.00 GMA Holdings Inc. 10.50 10.70 10.52 10.68 1.71 5,791,800 (434,864.00)
116.70 106.20 PCOR-Preferred 110.00 109.70 109.70 109.70 (0.27) 500
80.00 74.50 SMC Preferred 1 74.50 75.00 75.00 75.00 0.67 5,000 262,500.00
1050.00 990.00 SMPFC Preferred 1019.00 1020.00 1020.00 1020.00 0.10 25
6.00 0.87 Swift Pref 1.05 1.12 1.12 1.12 6.67 50,000
WARRANTS & BONDS
1.35 0.62 Megaworld Corp. Warrants 1.18 1.21 1.17 1.20 1.69 2,186,000 776,950.00
TRADI NG SUMMARY
SHARES VALUE
FINANCIAL 19,893,139 1,167,361,365.95
INDUSTRIAL 126,541,528 1,255,871,405.6201
HOLDING FIRMS 117,318,197 1,381,161,723.8682
PROPERTY 314,386,413 1,129,570,568.49
SERVICES 115,903,515 1,205,654,399.01
MINING & OIL 1,894,736,705 435,743,920.484
GRAND TOTAL 2,588,779,497 6,575,363,383.4183
FINANCIAL 1,314.08 (up) 9.66
INDUSTRIAL 7,903.21 (up) 63.64
HOLDING FIRMS 4,509.64 (up) 20.84
PROPERTY 1,946.44 (up) 18.96
SERVICES 1,789.43 (up) 30.41
MINING & OIL 24,636.66 (up) 7.18
PSEI 5,300.24 (up) 53.83
All Shares Index 3,475.53 (up) 22.69
Gainers: 108; Losers: 65; Unchanged:39; Total: 212
CHIN WONG
DIGITAL LIFE
THE family that Facebooks together, stays
together, trumpets an inane advertisement for one
Internet service provider. The company, like many
others, is clearly trying to ride on the popularity
of the social networking site, which millions
of people use to connect with friends, family
members, business associates and customers.
Unfortunately, the advertising message implies
that Facebook is a safe place for the entire family,
when it clearly isnt, and that ubiquitous f logo
isnt as friendly as it seems.
In an insightful piece on CNN, Aisha Sultan, a
parenting columnist at the St. Louis Post-Dispatch,
and Jon Miller of the Institute for Social Research
at the University of Michigan, suggest that
Facebook parenting is destroying our childrens
privacy.
By frequently sharing photos and reports on their
children, the authors say, well-intentioned parents
have surrendered their kids privacy even before
theyre old enough to make their own choices.
On the most basic level, we want to be able
to tell our story about our lives. But, in the case
of our children, a permanent and public story has
already been recorded about them before they
have a chance to decide whether they want to
participate or even whether the narrative is true to
their own vision of self, Sultan and Miller write.
This is certainly something a parent might want
to consider before mindlessly posting that cute
photo of her toddler taking a bath. What will the
child think of such sharing, when he grows up to
be a tween or a teenager?
Yet a recent survey by the University of
Michigan suggests that parents are posting photos
and information about their children more often.
More than half (55 percent) said they have
shared information or posted pictures from a
vacation. Also, nearly two-thirds of parents (66
percent) reported posting pictures of their children
online, and slightly more than half (56 percent)
shared news of a childs accomplishment.
The message from parents, as witnessed from
behavior, is clear, Sultan and Miller continue.
Children grow up learning that posting pictures
of ones self and sharing personal information is
typical. Weve created a sense of normality about
a world where whats private is public. The sense
of being entitled to privacy has been devalued.
And our children will never have known a
world without this sort of exposure. What does a
worldview lacking an expectation of privacy mean
for the rest of society?
The situation, the authors observe, has been
made not just for ourselves, but our children as
well.
More than 900 million of us [and counting]
willingly participate in this exchange of
information for convenience and connection.
But we implicate more than ourselves in the
transaction, the authors conclude.
We have a right for our data to not rise up and
destroy us. We have a right to create our own
narrative about our lives. We have a right to control
how much we want the world to know about us.
These are fundamental to our personal
autonomy. Our children deserve the same
protections.
Sadly, it isnt only parents who misuse Facebook.
Increasingly, companies are doing so, too.
One of the most annoying practices is for a
company to forgo establishing its own Web site
and entrusting its online presence entirely to a
Facebook page. This practice betrays a lack of
professionalism and often does nothing to help
customers learn more about the company or nd
ways to contact them. Worse, the practice forces
visitors to register on Facebook, too, to learn more
about a company. To visitors who are averse to
doing so, this is a silly imposition that can cost the
company business. If you must rely on a Facebook
page alone, at the very least put meaningful contact
information an address, a telephone number or
an e-mail addresson the landing page so that
potential customers arent forced to join the social
network just to get in touch with you.
Its understandable that companies want to hitch
their wagons to a site that gives them quick access
to hundreds of millions of users, but before they do
so, they should bear in mind that they dont own
the information on Facebook, says Brad Anderson
of the Internet marketing company Fruition.
Its sound advice that local companies should
take.
When you spend time and money on Facebook
marketing you need to be driving trafc and users
to a property that you own, he writes. Yes, you
are leveraging Facebook to build your business.
However, you do not own the relationships with
the users. Thus, you are at the whim of Facebook
to determine how, where, and when you can use
the data that you generate. Most companies cannot
build a successful business just on Facebook; they
need to drive the users to their own Web site or app
to truly capture the value provided by Facebook.
Column archives and blog at:
http://www.chinwong.com
STOCKS rose Monday, closing at a level
that matched the previous record, as
investors cheered the latest efforts among
European leaders to ease the debt crisis.
The Philippine Stock
Exchange index, the 30-
company benchmark, added 53
points, or 1.0 percent, to close
at 5,300.24, the highest since it
nished at 5,300.41 on May 3
this year. The index actually hit
an intra-day high of 5,316.87
on Monday.
The heavier index,
representing all shares, also
increased 22 points, or 0.7
percent, to close at 3,475.53,
as gainers led losers, 108 to
65, with 39 issues unchanged.
Value turnover reached P6.6
billion.
Ayala Land Inc., the largest
Philippine developer, advanced
2.1 percent to P22.05, the
highest close since June 20.
The company said its seeking
an alliance with the Ortigas
group and has offered an
initial P15-billion budget for
the venture.
Another developer,
Megaworld Corp., gained 1.8
percent to P2.23 while building
DMCI Holdings Inc. rose 1.1
percent to P57.55.
First Gen Corp. rose for a
fourth day, climbing 1.1 percent
to P17.86, the highest close
since April 2008, following
reports the company was
seeking government approval
for six wind-power projects.
Pancake House Inc. climbed 5
percent to P10.50. The company
has forecast a 70-percent surge
in prot this year, a stock
exchange ling showed.
Meanwhile, Asian stock
markets also inched higher
Monday amid continued
optimism over Europes moves
to ease its debt crisis and
economic malaise.
Japans Nikkei 225 index
rose 0.4 percent to 9,037.95 and
South Koreas Kospi gained 0.2
percent to 1,857.08. Australias
S&P/ASX 200 index added
0.9 percent to 4,132. Chinas
Shanghai Composite index
increased 0.2 percent to
2,228.89.
Markets in Hong Kong were
closed Monday to commemorate
the hand-over of the territory to
China in 1997.
Leaders of the 27 European
Union countries said after
a meeting Friday that they
would seek to centralize
regulation of European banks
and, if necessary, bail them out
directly, instead of funneling
loans through governments that
already have too much debt.
The EU said it also plans to
ease borrowing costs for Italy
and Spain, the third- and fourth-
largest of the 17 economies that
use the euro. It would also stop
mandating painful budget cuts
for every country in need of
emergency nancial aid and tie
the regions budgets, currency
and governments more tightly.
Investors will be closely
watching as EU nance
ministers hash out the details
of these plans over the next two
weeks.
Some analysts expect the
European Central Bank and the
Bank of England to cut lending
rates this week in a bid to spur
economic growth.
We look this week for
renewed easing by the ECB
and BoE in an environment of
very soft business condence,
Barclays said in a report. The
primary factor behind weak
global condence is weakness
in EU demand.
Signs that the Chinese
economy, the worlds second
largest, continues to slow kept
Asian markets in check. Chinese
industrial production fell to
a seven-month low in June,
according to HSBCs purchasing
managers index survey.
With Bloomberg, AP
Republic of the Philippines
DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS
REGION IV-A
Quezon 1
st
District Engineering Ofce
Lucban, Quezon
I NVI TATI ON TO BI D
(MST-July 3, 2012)
The Bids and Awards Committee (BAC) of the DPWH, Quezon 1
st

District Engineering Offce, Lucban, Quezon through Fund 151-Special Road
Support Fund-under SARO#SR2012-05-004781-dated May 31, 2012, invites
contractors to bid for the aforementioned project;
-
Contract .D. - 12-DK-0084
Contract Name - Repair/Rehabilitation/mprovement of Lucena-
Tayabas
Contract Location - Lucban Road, K0132+600-K0134+000, with
exception
Scope of Work - Asphalt Overlay
Approved Budget for
the Contract (ABC) - P9,900,000.00
Contract Duration - 24 calendar days
The BAC will conduct the procurement process in accordance with the
Revised RR of R.A. 9184. Bids received in excess of the BAC shall be
automatically rejected at the opening of Bid.
To bid for this contract, a contractor must submit a Letter of ntent
(LO), purchase bid documents and must meet the following major criteria
: (a) prior registration with the DPWH, (b) Filipino citizen or 75% Filipino-
owned partnership/corporation, cooperative, or joint venture, (c) with PCAB
license applicable to the type and cost of this contract, (d) completion of a
similar contract costing at least 50% of ABC within a period of 10 years, and
(d) Net Financial Contracting Capacity at least equal to ABC, or credit line
commitment for at least 10% of ABC. The BAC will use non-discretionary
pass/fail criteria in the eligibility check and preliminary examination of bids.
Unregistered contractors, however, may submit their applications for
registration to the DPWH, Quezon 1
st
District Engineering Offce, Brgy.
Abang, Lucban, Quezon, before the deadline for the receipt of LO. The
DPWH POCW-Central Offce, will only process contractor's applications for
registration with complete requirements and issue the Contractor's Certifcate
of Registration (CRC). Registration Forms may be downloaded at the DPWH
website www.dpwh.gov.ph
The signifcant times and deadlines of procurement activities are
shown below:
1. ssuance of Bidding Document - July 03-July 26, 2012
2. Pre-Bid Conference - July 12, 2012 @ 10:00 A.M.
3. Deadline of Receipt of LO from Prospective Bidders - July 20, 2012
4. Receipt of Bids - July 26, 2012 @ 2:00 P.M.
5. Opening of Bids - July 26, 2012 @ 2:15 P.M.
The BAC will issue hard copies of Bidding Documents (BD's) DPWH,
Quezon 1
st
District Engineering Offce, Lucban, Quezon upon payment of
non-refundable fee of Ten Thousand Pesos (Php10,000.00) for the Bidding
Documents. Prospective bidders may also download the BD's from the DPWH
web site if available. Prospective bidders that will download the BD's from the
DPWH website shall pay the said fees on or before the submission of their bids
Documents. The Pre-Bid Conference shall be open only to interested parties
who have purchased the BD's. Bids must accompanied by a bid security, in
the amount acceptable form, as stated in Section 27.2 of the Revised RR.
Prospective bidders shall submit their duly accomplished forms as
specifed in the Bidding Documents (BD's) in two (2) separate sealed bid
envelopes to the BAC Chairman. The frst envelope shall contain the technical
component of the bid, which shall include a copy of the CRC. The second
envelope shall contain the fnancial component of the bid. Contract will be
awarded to the Lowest Calculated Responsive Bid as determined in the bid
evaluation and the post-qualifcation.
The DPWH, Quezon 1
st
District Engineering Offce, reserves the right
to accept or reject any bid and to annul the bidding process anytime prior
contract award, without thereby incurring any liability to the affected
bidder/s.
(Sgd.) EUFRONIA S. CABAYSA
BAC Chairman
Tel No.-042-540-4158
NOTED :
(Sgd.) ERIC A. AYAPANA
OC-District Engineer
Department of Public Works and Highways
OFFICE OF THE DISTRICT ENGINEER
AIbay III District Engineering Ofce
Paulog, Ligao City
(MST-July 3, 2012)
The Department of Public Works and Highways Albay 3
rd
District Engineering
Ofce, through its Bids and Awards Committee (BAC), invites contractors to apply
to bid for the following contract( s ):
Contract ID: 12FO0052
Contract Name: Cluster IX-2012: Construction of New Roads along
Barangay La Medalla (Zone 7) San Roque (Zone 6)
Road, Polangui Albay & Sitio Parena - Sitio Maylada
Road, Barangay Balogo, Oas Albay
Contract location: Polangui, Oas Albay
Scope of Work: Construction of Roads
Approved Budget for the Contract (ABC): Php.19,500,093.35
Contract Duration: 90 calendar days
Procurement will be conducted through open competitive bidding procedures
in accordance with R.A. 9184 and its Revised Implementing Rules and
Regulations.
To bid for this contract, a contractor must submit a letter of ntent (LO) and must
meet the following major criteria: (a) prior .registration with DPWH, (b) Filipino
citizen or 75% Filipino-owned partnership, corporation, cooperative, or joint
venture with PCAB License applicable to the type and cost of this contract, (c)
completion of a similar contract costing at least 50% of ABC within a period of
10 years, and (d) Net Financial Contracting Capacity at least equal to ABC, or
credit line commitment for at least 10% of ABC. The BAC of the DPWH Regional
Offce no. V will conduct the eligibility checking using the Civil Works Registry
(CWR) System and the preliminary examination of bids will be conducted by the
BAC of this offce.
Unregistered contractors, however, shall submit their applications for registration
to the DPWH-POCW Central Offce before the deadline for the receipt of LO.
The DPWH-POCW Central Offce will only process contractor's applications for
registration, with complete requirements, and issue the Contractor's Certifcate
of Registration (CRC). Registration Forms may be downloaded at the DPWH
website www.dpwh.gov.ph.
The signifcant times and deadlines of procurement activities are shown below:
1. Submission of LO from Prospective
Bidders
Deadline: July 12, 2012 until 10:00 A.M.
2. Schedule of Site nspection June 27-until 10:00 A.M. of July 18, 2012
3. Pre-Bid Conference July 4, 2012 at 10:00 A.M.
4. ssuance of Bidding Documents June 27-July 18, 2012 until 10:00 A.M.
5. Receipt of payments of Bid Documents Deadline: July 18, 2012 until 10:00 A.M.
6. Submission of Bids July 18, 2012 until 2:00 P.M.
7. Opening of Bids July 18, 2012 at 2:01 P.M.
Interested contractor must download the Bidding Documents including the plans
at DPWH website or PhilGEPS and must submit letter of ntent (LO) before the
deadline of submission and must paid Php 10,000.00 for Bidding Documents
on or before the deadline for payments of Bidding Documents at DPWH Albay
3
rd
District Engineering Offce, Paulog, Ligao City. Bids must be accompanied by
a bid security in the required amount and acceptable form, as stated in Section
27.2 of the Revised RR.
Letter of ntent should only be submitted by the duly authorized liaison offcer
refected at the CRC and it must be accompanied with photocopy of CRC. PCAB
license and Tax Clearance original copy of those documents must be presented
for validation/verifcation. Only those that will passed the validation/verifcation
will be accepted.
Prospective bidders shall submit their duly accomplished forms as specifed in
the BD's in two (2) separate sealed bid envelopes to the BAC Chairman. The frst
envelope shall contain the technical component of the bid, which shall include the
eligibility requirements. The second envelope shall contain the fnancial component
of the bid. Contract will be awarded to the Lowest Calculated Responsive Bid as
determined in the bid evaluation and the post-qualifcation.
The DPWH Albay 3
rd
District Engineering Ofce, PauIog, Ligao City reserves
the right to accept or reject any or all bid and to annul the bidding process anytime
before Contract award, without incurring any liability to the affected bidders.
Approved by:

(Sgd.) ROLANDO G. CATAHAN
BAC Chairman
Noted By:
(Sgd.) EFREN C. MANALO, MPA
District Engineer
Camarines Sur 3
rd
District Engineering Offce
Caraycayon, Tigaon, Camarines Sur
Te1.#452-3430/3411
(MST-July 3, 2012)
The Department of Public Works and Highways, Camarines Sur 3rd Engineering
District, Caraycayon, Tigaon, Camarines Sur, through its Bids and Award Committee,
(BAC), invites contractors to apply to bid for the following contract(s):
1. Contract D# PROJECT ID#12FF0022
Contract Name Concreting of Cagaycay - Maymatan-Gimaga Farm to
Market Road,
Contract Location Goa, Camarines Sur
Scope of Works Road Concreting
Approved Budget for
Contract (ABC) Php.7,760,000.00
Contract Duration 150 C.D.
Cost of Tender Php.10,000.00
Documents
Procurement will be conducted through open competitive bidding procedures in
accordance with R.A. 9184 and its Revised Implementing Rules and Regulations.
To bid for this contract, a contractor must submit a Letter of ntent (LO) and must
meet the following major criteria; (a) prior registration with DPWH, (b) Filipino citizen
or 75% Filipino Owned partnership, corporation, cooperative, or joint venture with
PCAB License applicable to the type and cost of this contract, (c) completion of a
similar contract costing at least of 50% of ABC within a period of 10 years, and (d)
Net Financial Contracting Capacity at least equal to ABC or credit line commitment
for at least 10% of ABC. The BAC will use non-discretionary pass/fail criteria in the
eligibility check and preliminary examination of bids.
Unregistered contractors, however, shall submit their application for registration to
the DPWH-POCW Central Offce before the deadline for the receipt of LO. The
DPWH-Central Offce will only process contractor's application for registration, with
complete requirements, and issued the Contractor's Certifcate of Registration (CRC).
Registration Forms may be download at the DPWH website www.dpwh.gov.ph.
The signifcant times and deadlines of procurement activities are shown below:
1. Receipt of LO from Prospective Bidders Deadline 12:00 Noon July 19, 2012
2. ssuance of Bid Documents July 02 - 24, 2012 @ 10:00 A.M.
3. Pre-Bid Conference July 10, 2012 @ 10:00 A.M.
4. Receipt of Bids/Opening of Bids July 24, 2012
a.) Dropping of Bids Until 10:00 A.M.
b.) Opening of Bids At 2:00 P.M.
The BAC will issued hard copies of Bidding Documents (BD's) at DPWH, Camarines
Sur 3
rd
Engineering District Offce, Tigaon, Camaries Sur, upon payment of non-
refundable amount as stated above. Prospective bidders may also download the
BD's, if available, from the DPWH Website shall pay the said fees on or before the
submission of their documents. Bids must accompanied by a bid security, in the amount
and acceptable form, as stated in Section 27.2 of the Revised RR.
Prospective bidders shall submit their duly accomplished form as specifed in the
BD's in two (2) separate sealed envelopes to the BAC Chairman. The frst envelope
shall contain the technical component of the bid, which shall include the eligibility
requirements. The second envelope shall contain the fnancial component of the bid.
Contract will be awarded to the Lowest Calculated Responsive Bid as determined in
the bid evaluation and the post-qualifcation.
The DPWH, Camarines Sur 3
rd
Engineering District Offce, Tigaon, Camarines Sur,
reserves the right to accept or reject any or all bids and to annul the bidding process
anytime before Contract Award, without incurring any liability to the affected bidders.
(Sgd.) ALICE B. MAGISTRADO
ENGINEER III
(BAC Chairman)
NOTED:
(Sgd.) EDUARDO S. NIETO
District Engineer
Business
ManilaStandardToday extrastory2000@gmail.com JULY 3, 2012 TUESDAY
B3
Petron, KL airline sign contract
Mabuhay Vinyl launches reinforced chemical tanker
Govt eyes
new rules
on aquatic
imports
RCBC teams up with
Resona. Rizal Commercial
Banking Corp., capitalizing on
the influx of Japanese business
groups in the country, has
formalized a partnership with
Resona Bank, the fourth-largest
bank in Japan. The alliance paves
the way for RCBC to offer banking
services, including loans and
trade finances, to Resona clients
in the Philippines. Shown are
(seated, from left) RCBC president
and chief executive Lorenzo Tan;
Resona Bank president Naoki
Iwata; RCBC chairman Helen Dee;
and RCBC corporate vice chairman
Cesar Virata. Standing behind
them are (from left) RCBC first
senior vice president Yasuhiro
Matsumoto; RCBC executive
vice president Uy Chun Bing;
Resona Bank executives Tatsuya
Aizawa and Nobuaki Kitanaka;
RCBC executive vice president
for corporate information office
Elbert Zosa; and RCBC senior vice
presidents Koji Onozawa and
Roger Dayrit.
By Alena Mae S. Flores
PETRON Malaysia, Petron Corp.s unit
in Malaysia, said Monday it secured an
exclusive six-month supply contract with
Malaysia Airlines brand new A380 eet.
Petron is proud and honored
to partner with Malaysia
Airlines, which is now one of
the worlds few elite airlines
operating the Airbus A380,
Petron chairman Ramon Ang
said in a statement.
Moving forward, we hope
that this partnership will
continue to grow and provide
more innovations to benet more
travelers, Ang said.
Petron Malaysia supplied
aviation fuel to the rst MAS
A380 ight on June 5 after the
planes arrival from France. The
ight carried 454 passengers,
including former Prime Minister
Tun Dr Mahathir Mohammed.
Petron Malaysia (formerly
Esso Malaysia Berhad) has been
supplying aviation fuel to both
commercial and freight carriers
in the region for ve decades. It
supplies aviation fuel to major
airlines like Singapore Airlines,
Saudi Air and Royal Jordanian.
Petron also recently started
supplying the fuel needs of
AirPhil Express in Malaysia.
The company opened its rst
Petron-branded service stations
in eight locations in mid-June.
It said the opening of the
service stations was part of the
companys rebranding program
aimed at converting about 560
Esso and Mobil stations to the
Petron brand over the next few
years.
The change is a natural
progression following the
successful sale of ExxonMobils
downstream oil business in
Malaysia to Petron at the end of
March, it said.
Petron approved the investment
in ExxonMobils downstream
business in Malaysia in January.
Petron acquired three subsidiaries
comprising Exxon Mobils
downstream oil business in
Malaysia for $610 million.
The companies are Esso
Malaysia Bhd, a publicly-traded
company of which ExxonMobil
owns a 65-percent stake; and
wholly-owned ExxonMobil
Malaysia Sdn Bhd and Exxon
Mobil Borneo Sdn Bhd.
The sale includes the Port
Dickson renery with a rated
capacity of 88,000 barrels per
day, seven fuel distribution
terminals and a network of
roughly 560 branded service
stations, including 420 that are
company-owned.
The new Petron service
stations in Malaysia, meanwhile,
feature improved facilities and
personalized services aimed at
total customer satisfaction.
Petron is a well established,
internationally renowned
petroleum-product brand with
a distinctive logo and service
station design, Ang said.
By Othel V. Campos
THE Bureau of Fisheries and
Aquatic Resources said it is
nalizing the new rules on
importation of sh and other
marine products.
The agency said it was planning
to adopt the system employed by
the National Food Authority for
rice imports before end-2012.
We will try to adopt the NFA
system wherein we will determine
the annual requirement minus
the production. The difference is
what we will allow to enter the
country, BFAR director Asis
Perez said in a press brieng
during the agencys 64
th
founding
anniversary.
Asis said under the plan, only
accredited processing plants and
canneries would be allowed to
bring in imported sh.
They are to dispose imported
shes to the wet markets and
even to supermarkets. As to how
they can do this is still being
deliberated, he said.
The bureau said the
government was keen on
formalizing sh importation
to enable the Philippines to meet
its annual demand for sh.
MABUHAY Vinyl Corp. and Magsaysay
Transport and Logistics Corp. recently
held the formal blessing of M/T Snoopy
III at Corregidor Islands South Dock.
M/T Snoopy III is one of three vessels
owned by MVC that transport hydrochloric
acid and liquid caustic soda from MVCs
plant in Iligan City to depot facilities and
customers nationwide.
MVC is a leading manufacturer of basic
chemicals and derives its products from
salt, one of the planets most abundant
minerals, by breaking it down through
electrolysis to form compounds used to
make products.
The publicly-listed MVC has been serving
Philippine industries for more than 45 years.
MAGTech Solutions and Marine
Consultancy Services Inc., one of the
business units under MTLC, supervised
the conversion and dry-docking of M/T
Snoopy III.
The tanker was converted from single
to double hull in accordance with the
International Maritime Organizations
regulations.
M/T Snoopy III will be the third MVC-
owned vessel to be managed by Magsaysay
Ship Management Inc., a business unit
under MTLC.
MSI currently manages a eet of vessels
consisting of product and chemical tankers,
petroleum barges, container ships, general
cargo ships, fast-ferries, and specialized
vessels in the domestic trade.
The addition of MVCs M/T Snoopy III
brings to 45 the total number of vessels
managed by MSI.
Our partnership with Magsaysay will
enable us to improve our water transport
capabilities, thereby making us more
responsive to the needs of our customers,
said MVC president and chief operating
ofcer Edwin Umali.
B4
Provinces
Edited by Leo A. Estonilo www.manilastandardtoday.comleoestonilo@gmail.com
Robredo takes on P1.5-b water scam
Taiwan trade eyes more ventures
Government acts to save coconuts
Notice is hereby given that the following companies/employers have with this Regional
Offce Application/s for Alien Employment Permit/s:
Name and Address of
Company/Employer
Name and Citizenship
of Foreign National
Position and Brief
Description of functions
ANGELES COMPUTER
SERVICE & LEARNING
CENTER
Brgy. Lucbuan, Magsaysay,
Palawan
1. MR. VIVEK
THAIPARAMBIL
VIJAYABHANU
Computer Technician/IT
Manager
If you have any information/objection to the abovementioned application/s please
communicate with the Regional Director.
For the Regional Director:
(Sgd.) MA. ZENAIDA EUSEBIA A. ANGARA
OIC Regional Director
NOT I CE OF FI L I NG OF APPL I CAT I ON FOR AL I EN
EMPL OYMENT PERMI T ( AEP)
DEPARTMENT OF LABOR AND EMPLOYMENT
Region IV-B (MIMAROPA)
Oriental Mindoro Occidental Mindoro Marinduque Romblon Palawan
(MST-July 3, 2012)
BATAAN FIRST DISTRICT ENGINEERING OFFICE
Roman Expressway, Mulawin, Orani, Bataan
(MST-July 3, 2012)
The Bids and Awards Committee of the DPWH Bataan 1
st
District
Engineering Offce, through the FY 2012 RA 10155, invites contractors to
bid for the aforementioned project:
Contract ID: 12CA0060
Contract Name: Repair/Improvement of the Concrete Revetment of
Pentor-Balsik River
Pentor and Balsik Section, GSO Road
Contract Location: Dinalupihan and Hermosa, Bataan
Scope of Work: Construction of Reinforced Concrete Slope
Protection
Approved Budget for the Contract (ABC): Php 9,700,000.00
Contract Duration: 90 Calendar Days
Contract Name: Repair/Improvement of the concrete Revetment of
Colo River, GSO Road
Contract Location: Dinalupihan, Bataan
Scope of Work: Construction of Reinforced Concrete Slope
Protection
Contract Name: Repair/Rehabilitation/Improvement of Calaguiman
Vicinal Road (Phase 2)
Contract Location: Samal, Bataan
Scope of Work: Asphalt Overlay
The BAC will conduct the procurement process in accordance with the
Revised IRR of R.A. 9184. Bids received in excess of the ABC shall be
automatically rejected at the opening of bid.
To bid for this contract, a contractor must submit a Letter of Intent (LOI),
purchase bid documents and must meet the following major criteria: (a) prior
registration with DPWH, (b) Filipino citizen or 75% Filipino-owned partnership,
corporation, cooperative, or joint venture, (c) with PCAB license applicable
to the type and cost of this contract, (d) completion of a similar contract
costing at least 50% of ABC within a period of 10 years, and (e) Net Financial
Contracting Capacity at least equal to ABC, or credit line commitment at least
equal to 10% of ABC. The BAC will use non-discretionary pass/fail criteria in
the eligibility check and preliminary examination of bids.
Unregistered contractors, however, shall submit their applications for
registration to the DPWH-POCW Central Offce before the deadline for the
receipt of LOI. The DPWH-POCW Central Offce will only process contractors'
applications for registration with complete requirements and issue the
Contractor's Certifcate of Registration (CRC). Registration Forms may be
downloaded at the DPWH website www.dpwh.gov.ph.
The signifcant times and deadlines of procurement activities are shown
below:
1. Receipt of LOIs from Prospective Bidders Deadline: July 03- 31, 2012 Until 10:00 AM
2. Issuance of Bid Documents From : July 03-31, 2012 Until 10:00 AM
3. Pre-Bid Conference July 19, 2012 @2:00 P .M.
4. Receipt of Bids Deadline: July 31, 2012 Until 10:00 AM
5. Opening of Bids July 31, 2012 @ 10:00 AM

The BAC will issue hard copies of Bidding Documents (BD's) at DPWH-
Bataan First District Engineering Offce, upon payment of a non-refundable
fee of P10,000.00 as per Dept. Order No. 52 series 2011. Prospective
bidders may also download the BD's from the DPWH website, if available.
Prospective bidders that will download the BD's from the DPWH website
shall pay the said fees on or before the submission of their Bids Documents.
The Pre-Bid Conference shall be open only to interested parties who have
purchased the BD's. Bids must accompanied by a bid security, in the amount
and acceptable form, as stated in Section 27.2 of the Revised IRR.
Prospective bidders shall submit their duly accomplished forms as specifed in
the BD's in two (2) separate sealed bid envelopes to the BAC Chairman. The
frst envelope shall contain the technical component of the bid, which shall
include a copy of the CRC. The second envelope shall contain the fnancial
component of the bid. Contract will be awarded to the Lowest Calculated
Responsive Bid as determined in the bid evaluation and postqualifcation.
The DPWH-Bataan First District Engineering Offce reserves the right to
accept or reject any or all bid and to annul the bidding process anytime before
contract award, without incurring any liability to the affected bidders.

Approved by:

(Sgd.) CYNTHIA K. FINEZA
BAC Chairman

Noted By:
(Sgd.) WILFREDO S. MALLARI
District Engineer
By Dexter A. See

LA TRINIDADSome 500
households and more than 1,000
schoolchildren will benet from
the clean water project cham-
pioned by the Jaime V. Ongpin
Foundation and the Benguet
Electric Cooperative.
Gerardo P. Verzosa,
BENECO general manager,
said the foundation which
marked its three decades last
year also put a high premium
on protecting watersheds.
We are willing to support noble
community development projects
within our franchise area provided
that we have the available re-
sources so that we will be able to
shoulder our counterpart and push
through with the project without
any delays, he said.
Governor Nestor Fongwan said
the province was appreciative of
the assistance given to alleviate the
lives of community folk.
We need stable and reli-
able power to pump up water
from the source to residen-
tial areas in higher elevations,
thus, we tapped the expertise
of BENECO in order to speed
up the completion of the noble
project, Fongwan told Manila
Standard, citing that the ben-
eciaries of the project include
160 households and 200 stu-
dents in Poblacion, Atok; 250
households and 627 pupils in
Ambassador, Tublay and 70
households and 250 students in
Sagpat, Kibungan.
Fongwan, together with Kibun-
gan Mayor Benito Siadto, Tublay
Mayor Ruben Paoad and Atok
Mayor Peter Alos asked BENECO
to shoulder the nearly P1 million
for clean water and reliable power
supply.
The JVOFIs Philippine-Aus-
tralia Community Assistance
Program covers watershed pro-
tection and capability building
The Ongpin foundations
P2-million project inlcudes
ecotourism and other forest
management activitivities on
conservation and biodiversity.
Benguet is lucky to be a re-
cipient of grants, Fonmgwan
said, noting the deterioration
of forests caused by expanding
commercial gardens past the tim-
berline depleting water supply in
elevated places.
Water
project
pushed
By Othel V. Campos
THE government said it is go-
ing full blast to save to coconut
industry against the destructive
scales insects and other pests.
In a brieng Monday, Philip-
pine Coconut Authority chief
Euclides Forbes reported at least
179,455 trees in Batangas have
been infested.
The Agency has disbursed
P1.4 million to implement im-
mediate and extensive measures
to mitigate the scale insect infes-
tation in affected areas in 41 ba-
rangays of seven municipalities
in the province, he said.
Forbes said measures to com-
bat the pests mechanical and bio-
logical means.
The government has already
pruned 48,223 coconut trees
found in 327 farms in 34 baran-
gays alongside the introduction
of natural predators of scale in-
sects such as coccinellids which
are sourced from Palawan,
Davao and Albay.
Forbes said the Batangas in-
festation should be contained to
prevent the spread to Laguna and
Quezon, two other major coco-
nut producers.
The agency reported that the
coconut water exports in January
to April posted incremental out-
put both in value and in volume
by more than 100 percent.
Shipments of coconut water
increased by 174.36 percent on
year to $6.6 million. Export vol-
ume went up by 175.8 percent on
year to almost 6 million liters.
The biggest market for coco-
nut water during the period was
the United States with 80 percent
of the volume.
In January to April, American
buyers bought 4.82 million liters
of coconut water valued at $5.3
million. Shipments to the US
went up by 191.66 percent.
Other top buyers of coconut wa-
ter were the Netherlands, Singa-
pore, Hong Kong, and Australia.
Fresh coconut water is increas-
ing in demand as a natural bever-
age rich in potassium and magne-
sium. A source of electrolytes and
glucose, it has been found suitable
for intravenous rehydration.
TUGUEGARAO CITY
Governor Alvaro Antonio
joined devotees in honoring on
Monday the patroness of the
Cagayan Valley, Our Lady of
Piat.
As a beacon, Our Lady
of the Most Holy Rosary has
been the Cagayanos source of
courage, he said, noting the
recent calamities that hit the
region.
Piat town Mayor Leonel
Guzman welcomed the pil-
grims coming from different
places.
Our Lady of Piat is a baston
of hope, he said, noting that
the miraculous image is found
in the Basilica Minore of Piat.
The parish attended to the
faithful while Eucharistic cel-
ebrations were also held in
other churches under in the
Archdiocese of Tuguegarao.
Tuao Mayor William Mam-
ba and Secretary Manuel
Mamba had their hands full in
attending to the pilgrims.
Every year, Guzman prepares
food for Catholics who ock
to town to fulll their spiritual
pledges. Jessica M. Bacud
TAIWANESE investors and sup-
pliers in a 130-member delega-
tion held top level talks with their
Filipino counterparts before sign-
ing a pact of mutual assistance.
Spearheaded by the Taipei Eco-
nomic and Cultural Ofce in coop-
eration with the Taiwan External
Trade and Development Council,
Ministry of Economic Affairs, and
the Philippine Chamber of Com-
merce and Industry, the convenors
discussed key growth targets .
An agreement was signed by
TAITRA deputy chairman Wayne
Wu and PCCI president Miguel
Varela witnessed by Ministry of
Economic Affairs Vice Minister
Francis Kuo-Hsin Liang, TECO
Representative Ambassador Ray-
mond L.S. Wang, and MECO
Chairman Amadeo Perez.
The Taiwanese delegation also
met with the Board of Invest-
ments headed by Undersecretary
Christino Panlilio, and the Philip-
pine Economic Zone Authrority
under Secretary Lilia De Lima.
Vice Minister Liang exchanged
opinions on economic and trade
relations with Secretary Gregory
Domingo and Undersecretary
Adrian Cristobal of the Depart-
ment of Trade and Industry.
Ambassador Wang conveyed his
hope that Taiwan and the Philippines
will continue to strengthen their co-
operative relationship to ensure a
mutually benecial economic future.
Soldiers welfare. Lt. General Roland Detabali, Southern Luzon Command chief, receives ve brand
new wheelchairs from Dr. Roberto Licup Sr., regional director of Federation of Filipino-Chinese Chamber of
Commerce and Industry. Witnessing the turnover are Major General Carlos Luces (third from right) Light
Amor Brigade in Tarlac and U7 chief Col. Generoso Bolina. BENJIE A. ANTIOQUIA
Marian
image
honored
We have just received re-
ports that some unscrupu-
lous individuals are roaming
around various LGUs in Min-
danao, introducing themselves
as my friends, offering to
prepare the project proposals
and its approval, he said. I
have not authorized anybody,
except some concerned DILG
INTERIOR Secretary Jesse Robredo
on Monday ordered the arrest of
people approaching local government
units in the south, particularly in
the Autonomous Region in Muslim
Mindanao, offering to facilitate water
projects under the governments P1.5
billion Salintubig Program.
officials, to implement the
Salintubig project.
Robredo said members of the
syndicate made it appear that
they are authorized to transact
ofcial business.
I advise all LGUs and the
concerned local ofcials in Min-
danao who are recipients of the
Salintubig Program be vigilant
against these impostors and to
report to us or immediately or-
der their arrest.
Investigation showed that
the suspects were presenting
SAROs or Special Allotment
Release Order papers purport-
edly issued by the Department
of Budget and Management,
offering to prepare the project
proposals, and expediting fund
approval and release.
The P1.5 billion Salintubig
(Sagana at Ligtas na Tubig sa
Lahat)is being implemented
jointly through a memoran-
dum of agreement with the
Department of Health and the
National Anti-Poverty Com-
mission.
It covers the poorest and wa-
terless communities with high
incidence of water-borne dis-
eases along with rural health
centers without access to safe
water. Jonathan Fernandez Robredo
Progress report. Vice governor Daniel Fernando and senior board member Michael Fermin discuss on-
going projects during the Talakayang Bulakenyo held at Isidoro Torres Hall inside the capitol compound.
In the panel (from left) are tourism ofcer Sonny Cristobal along with Dr. Gregorio Quinto Jr. of the Educa-
tion department K-12 program and Catherine Inocencio of the administrators ofce. REY L. ESPIRITU

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