“Every time progress is made in the US, there’s a blow back and an increase in gay, lesbian, bisexual, transgender violence.”—Seattle’s openly gay Mayor Ed Murray, who made the remarks on Sunday, after a gunman slaughtered 50 people in a gay nightclub in Orlando. Murray says the massacre is absolutely an attempt at intimidation and fear. He says the community will come together and will not be intimidated. AP
media partner of the year
United nations
2015 environmental Media Award leadership award 2008
“We should review our relationship with strategic height and long-term perspective. We should keep on expanding our consensus and cooperation, and properly handle and control our differences.”—Chinese Foreign Minister Wang Yi, on Beijing’s push to ease concerns about its assertions of sovereignty over the South China Sea, underscoring China’s desire to contain damage to its reputation over its assertive tactics in the highly strategic and resource-rich waterway. AP
“From my perspective, it matters what we do more than what we say. And it mattered we got bin Laden, not what name we called him. I have clearly said we—whether you call it radical jihadism or radical Islamism, I’m happy to say either. I think they mean the same thing.”—Hillary Clinton, countering attacks from Donald Trump that she’s too politically correct to use the phrase “radical” Islam. AP
BusinessMirror A broader look at today’s business
www.businessmirror.com.ph
n
Wednesday, June 15, 2016 Vol. 11 No. 249
Plan to end labor contractualization will affect SMEs
‘Job security good for PHL economy’
INSIDE
By David Cagahastian
T
@davecaga
he incoming Duterte administration’s plan to put an end to contractualization of labor will have a positive impact on the economy, but it could threaten the viability of small and medium enterprises (SMEs) that comprise the backbone of the Philippine economy.
Architecture and its role in nation building
According to the acting dean of the University of the Philippines’s School of Labor and Industrial Relations (UP Solair), the plan to end labor contractualization will result to an increase in the expenses of SMEs within the range of P200 to P300 per employee per month. See “Job security,” A12
BMReports
P25.00 nationwide | 5 sections 32 pages | 7 days a week
CHEMICAL EXPORTS SEEN HITTING $5B THIS YEAR AFTER RELEASE OF IRR By Catherine N. Pillas
L
@c_pillas29
ocal chemical manufacturers on Tuesday said they now have better chances of hitting their $5-billion export target, following the release of the new i mplement i ng r u les and regulations (IRR) for controlled chemicals. Gretchen Enarle, president of Samahan sa Pilipinas ng mga Industriyang Kimika or SPIK (Chemical Industries Association of the Philippines), said the “path is now clear” for the industry to reach its goals after their tiff with the Philippine National Police (PNP) has been
32
The total number of controlled chemicals that require additional permits from the PNP resolved. “With the issuance of the IRR, the industry was relieved, as the list of controlled chemicals has been reduced to 32,” Enarle said told reporters in a media briefing. The IRR was released on Tuesday, eight years after See “Chemical exports,” A12
Tales of Independence
The Katagalugan Republic and the Cry of Pugad Lawin property
E2
Lamudi issues housing guide for students
property
E3
Shaping the future of human experience
Emilio Aguinaldo Suntay III views the oldest and first flag of the country’s First Republic. The flag, originally in the Aguinaldo-Suntay clan’s custody and later displayed at the Emilio Aguinaldo Museum in Baguio City, was last raised in 1898. Suntay is the grandson of Emilio Aguinaldo, considered as the President of the First Republic. Mauricio Victa By Fil V. Elefante
property
E3
O
@elefantefil
Conclusion
VER the last several years, several historians have suggested that Andres Bonifacio, the leader of the underground movement that initiated the revolution against Spain in
PESO exchange rates n US 46.1460
₧400,000
The amount Emilio Aguinaldo received after agreeing to a truce with Spanish colonial authorities
1896, deserved to be recognized as the first president of a people aspiring to nationhood. John Ray Ramos, a heritageconser vation advocate, said, “Bonifacio was the president of the Katagalugan Republic, the first government in our islands Continued on A2
n japan 0.4344 n UK 65.8642 n HK 5.9448 n CHINA 7.0086 n singapore 34.0661 n australia 34.0788 n EU 52.1173 n SAUDI arabia 12.3089
Source: BSP (14 June 2016 )