ROTARY CLUB OF MANILA JOURNALISM AWARDS
2006 National Newspaper of the Year 2011 National Newspaper of the Year 2013 Business Newspaper of the Year 2017 Business Newspaper of the Year 2019 Business Newspaper of the Year
BusinessMirror
www.businessmirror.com.ph
A broader look at today’s business n
Saturday, September 7, 2019 Vol. 14 No. 332
2018 EJAP JOURNALISM AWARDS
BUSINESS NEWS SOURCE OF THE YEAR
DEPARTMENT OF SCIENCE AND TECHNOLOGY
2018 BANTOG MEDIA AWARDS PHILIPPINE STATISTICS AUTHORITY
DATA CHAMPION
P25.00 nationwide | 18 pages | 7 DAYS A WEEK
HAVING ONE’S DAY IN COURT
Judiciary holds first videoconference trial in Davao; looks to expanding trailblazing, tech-driven practice to other courtrooms to speed up proceedings and enhance the justice system.
S
prived of liberty (PDLs) and witnesses can testify remotely. “The Court is utilizing videoconferencing technology for inmates to eliminate the safety, security and health risks posed by the personal appearance of PDLs who are considered to be high-risk or afflicted with highly contagious diseases,” the chief magistrate said. Bersamin said if the pilot-testing of the method in Davao City encounters no technical or legal problems, this can be implemented in criminal proceedings in various parts of the country.
Qualifications
By Joel R. San Juan & Manuel T. Cayon
The tele-hearing, or videoconferencing system, has long been adopted during court trials in technologically advanced countries such as the United States to address delays in court proceedings.
THELIGHTWRITER | DREAMSTIME.COM
TAKEHOLDERS in the judiciary are now witnessing a major technological transformation in the landscape of court proceedings as the Supreme Court rolled out its ambitious project that allows detained persons to testify and be crossexamined on their criminal cases inside their detention cells through the so-called “tele-hearing,” or videoconferencing technology.
THOSE who are covered by videoconferencing trial are PDLs accused of violations of the Human Security Act, or any law penalizing terrorism or terrorism-related offenses; PDLs accused of violations of the Philippine Act on Crimes Against International Humanitarian Law, Genocide, and other Crimes Against Humanity; and PDLs considered as “high-value targets” because of the considerable threat they pose to the security of the jail facilities, the court, or the community, which include, but not limited to, suspected members of terrorist groups, both local and foreign, and other organized crime syndicates. PDLs who are seriously ill, or diagnosed with a serious or grave medical condition or a highly contagious disease, shall likewise remotely appear in court through videoconferencing. PDLs who wish to appear in court through videoconferencing,
The method, according to Chief Justice Lucas Bersamin, is expected to cut cost not only for the government and the judiciary but also for the parties in criminal proceedings since persons de-
Continued on A2
Trade-war damage piles weight of global economy on consumers By Fergal O’Brien, Michelle Jamrisko & Reade Pickert
T
Bloomberg News
HERE’S a lot of weight on the shoulders of shoppers around the world, and the strain is starting to show. As threats to demand ranging from US-China trade tensions to Brexit hit business confidence and investment, consumers are proving the main drivers of global growth. JPMorgan Chase & Co. reckons global retail sales volumes charged ahead at a rate of 4.8 percent in the last quarter, buoyed by still-tight labor markets. But there are signs that could soon change, as weakness in man-
ufacturing seeps into hiring, and financial markets tighten amid the trade war. Both forces could lead households to retrench, fanning fears that the world economy is heading to recession. Morgan Stanley economists are already warning that American consumers are all that stand in the way of a US contraction. Their counterparts at JPMorgan see global employment growth re-
PESO EXCHANGE RATES n US 51.8830
maining around the 1 percent of the last quarter, a slowdown from the previous pace. “It would be misguided to believe that manufacturing weakness is not going to filter through to the rest of the economy,” even though
factories are a relatively small share of US output, said Gregory Daco, chief US economist at Oxford Economics. A big warning came last week, when concerns about tariffs and inflation helped push down the
University of Michigan US sentiment index by the most in almost seven years. If that’s the start of a new fault line in the global economy centered on consumers, that spells deeper trouble ahead for world growth. A key risk is an unraveling of the solid labor-market story across advanced economies. Surveys show employment at factories is falling around the world. Germany, at risk of recession, has seen initial signs of weakness in its labor market, UK sentiment is being battered by Brexit uncertainty, and Asian economies such as Korea and Indonesia have recorded declines in consumer sentiment. In the US, the Institute for Supply Management’s (ISM) factory index indicates manufacturers are cutting jobs. Monthly US jobs
figures from the Labor Department are due Friday.
What Bloomberg’s economists say
“CONSUMER spending will be the main driver of growth in the second half, so barometers of household demand, such as sentiment, savings patterns and income growth, will be major focal points in the medium term. For this reason, the cooling in the ISM employment sub-index bears watching.”—Carl Riccadonna, chief US economist For central bankers, the question is whether other parts of the economy can keep riding out the storm that’s been largely isolated in manufacturing, or is an infection inevitable. How they gauge that spillover threat could be central to Continued on A2
n JAPAN 0.4853 n UK 63.9873 n HK 6.6194 n CHINA 7.2565 n SINGAPORE 37.4985 n AUSTRALIA 35.3479 n EU 57.2633 n SAUDI ARABIA 13.8318
Source: BSP (September 6, 2019 )