Businessmirror june 13, 2016

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Monday, June 13, 2016 Vol. 11 No. 247

San Miguel betting big on conflict-torn ARMM By Lenie Lectura

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@llectura

an Miguel Corp. (SMC) bared plans over the weekend to put up a power plant, develop a port and invest in bulk-water facilities in five predominantly Muslim provinces.

573,446 The number of households in the entire Autonomous Region in Muslim Mindanao

The conglomerate said it signed a memorandum of understanding (MoU) with the Autonomous Continued on A2

BMReports

INSIDE

Filipinization and the flag as amulet against bad luck

What dads deserve

P25.00 nationwide | 5 sections 36 pages | 7 days a week

Undreading unsolicited proposals in PPPs PPP Lead Alberto C. Agra

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o Philippine laws and regulations allow unsolicited proposals (UPs) in publicprivate partnerships (PPPs)? What are the advantages of UPs? Are there competition, accountability and transparency in UPs? What are the basic differences between solicited and UP procedures? Continued on A14

Unsolicited Proposals

life

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Study by Proponent

Award by Government

Proposal by Proponent

Right to match by Proponent

Acceptance by Government

Counteroffer by Challengers

Negotiations between the Parties

Invitation to Challengers

Style has a uniform

President Aquino led on Sunday morning the nationwide celebration of the 118th Independence Day at the Rizal Park in Manila, his last as leader of the country. He was given military honors, highlighted by a 21-gun salute, upon his arrival in front of the monument of Dr. Jose P. Rizal at the Rizal Park, as the Philippine flag was being raised. By Fil V. Elefante

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@elefantefil

First of three parts

HE Philippines commemorated Independence Day on June 12. Every Filipino knows the basic tale. However, memory is fickle. Not all of us remember the Philippine history lessons we received in school. And

PESO exchange rates n US 45.9170

other historical facts are taught only to Filipinos who aspire to get a degree in history. Filipinos recognize June 12 as the country’s Independence Day, because of a decisive move taken by the late President Diosdado P. Macapagal. On May 12, 1962, Macapagal issued Proclamation 28, declaring

June 12 as the official date of Philippine independence. Current history textbooks explain that Macapagal decided on the date of June 12, because it was the day when Emilio Aguinaldo, President of the First Philippine Republic, officially declared the country’s independence from Spain.

Author: Alberto C. Agra

bm Graphics: Job Ruzgal

Continued on A2

n japan 0.4288 n UK 66.4006 n HK 5.9164 n CHINA 6.9878 n singapore 33.9497 n australia 34.1026 n EU 51.9689 n SAUDI arabia 12.2478

Source: BSP (10 June 2016 )


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