Manila Standard - 2017 December 07 - Thursday by Manila Standard

FIRST STOP. Newly crowned Miss Universe 2017 DemiLeigh Nel-Peters of South Africa begins Wednesday her four-day tour of the Philippines with Manila as her first stop, including a photo-op in front of the Rizal monument. With her are Miss Universe 2016 Iris Mittenaere of France, crowned in Manila by Miss Universe 2015 Pia Wurtzbach in January; Top 10 placer Binibining Pilipinas-Universe Rachel Peters; and several other candidates from around the world who competed in Las Vegas in November. Norman Cruz

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Dengue vaccine deal a scam, says ex-usec By Macon RamosAraneta FORMER Department of Health undersecretary Susan Pineda-Mercado yesterday branded a “scam” the P3.5-billion Dengvaxia deal executed under the previous administration of President Benigno Aquino III and former Health secretary Janette Garin. Interviewed over Channel 7’s “Unang Hirit,” Mercado said the actual administration of the controversial dengue vaccine Dengvaxia was irregular since it did not go through the required government processes. She said the DoH’s Formulatory Executive Council did not give the go-signal for the government’s purchase of P3.5 billion worth of Dengvaxia vaccine and re-

jected its use on a mass scale. “Among the recommendations of the Formulary Executive Council was to administer the vaccine in small populations only,” she said She staid the FEC turned down the request of Garin for “exceptional approval for one year only” of the Dengvaxia vaccination program. When the council approved the purchase of Dengvaxia from Sanofi Pasteur Philippines. it recommended that it be done in a stages. Sanofi had denied that Dengvaxia, which was approved for sale by the Food and Drug Administration, is a deadly vaccine. The former health official also clarified that “license to sell is different from the approval for the government to buy it.” Next page

Du30 asks for 1 year to end drug menace By John Paolo Bencito of their own, Valium. “Let’s buy these huand Rio N. Araja PRESIDENT Rodrigo Duterte on Wednesday ordered the Philippine National Police to rejoin the government’s war on drugs and asked for “just another year” to finish the problem. “I hope to finish the [drug] problem. Maybe give me just another year,” Duterte said during the oathtaking of presidential appointees and officers from private organizations. “The police will be back,” he said, referring to a memorandum order reassigning the PNP to assist in the Philippine Drug Enforcement Agency in the war on drugs. He joked that human rights organizations that have been critical about his drug war should take a drug

man rights people some medicine to calm them down,” he said in Filipino. “Valium. Let them take it and put them to sleep,” he added. In his Memorandum Order No. 17, Duterte directed the PNP “to resume providing active support” to the PDEA, which still remains as the overall lead agency in the campaign against illegal drugs. Aside from the PNP, other law enforcement agencies, including the National Bureau of Investigation, Armed Forces of the Philippines, Bureau of Customs, Philippine Postal Corp., will resume providing active support to the PDEA, Presidential Spokesman Harry Roque said. Next page

Reds face arrest; bail recall sought By Rey E. Requejo, John Paolo Bencito and Francisco Tuyay

HE Justice department on Wednesday asked a Manila court to recall the provisional bail granted to key communist leaders and order their immediate rearrest.

DUTERTE DOUBLE. President Rodrigo Duterte takes a closer look at the painting of his portrait, in this photo taken Tuesday but released only by Malacañang Wednesday. Presidential Photo

Prospects 12-m consumers bear brunt of power rate increase darken for eco warriors the next few months due to the adverse effect of the SOME 12 million electric- recent decision of the Court ity consumers in Luzon of Appeals that reversed the stand to pay P17 billion in orders of the Energy ReguBy Rey E. Requejo

By Karl Malakunas EL NIDO, Palawan—Environmental activists are being killed in record numbers around the world, with the corruption-plagued Philippines one of the most dangerous countries, according to watchdog Global Witness. At least 200 community activists, non-government organization workers and other civilians on the frontlines of protecting the environment were reported murdered worldwide last year, the highest on record, the group said. In the Philippines, an environmental activist was recorded to have been killed at a rate of every 12 days in 2016, with only Brazil and Colombia Next page

latory Commission, which months of November to Devoided the prices in the cember 2013. Wholesale Electricity Spot This was the period when Market for the electricity the Malampaya natural gas sold there during the supply Next page

The motion ﬁled by state prosecutors before the Manila Regional Trial Court Branch 32 came after President Rodrigo Duterte warned the communist consultants that he would order their mass arrest soon, now that peace talks have collapsed. The 20 National Democratic Front consultants led by Benito and Wilma Tiamson, chairman and secretary general, respectively, of the Communist Party of the Philippines and its armed wing, the New People’s Army, were released on bail last year so they could participate in peace talks with the government. But a series of attacks by the NPA even as peace talks were continuing led Duterte

Reenacted budget averted By Maricel V, Cruz THE House of Representatives and the Senate on Wednesday ended the impasse on the proposed 0P3.767-trillion national budget for 2018 by agreeing to restore the bulk P50.7

Sereno camp hits witness’ ‘false claims’

billion worth of the Department of Public Works and Highways projects. “I think the DBM and DPWH were able to explain very well that these were part of the Build Build Build program of

By Rey E. Requejo and Maricel Cruz

Deadliest hours in MM streets By Maria Feona Imperial, VERA Files DEATH awaits drivers as the night deepens on Quezon City’s roads. If you’re one of them, your chances of dying in a road accident peaks from 11

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p.m. to 1 a.m., data from the Metro Manila Development Authority show. Yet in these deadliest hours, the streets are clear of trafﬁc enforcers who can help save your life. From 6 a.m. to 10 p.m., Next page

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to call off the negotiations and publicly brand the CPP as a terrorist group. “In view of the cancellation of the peace talks, there is no more legal ground for the continuous provisional liberty of the accused. Thus, the immediate recommitment and cancellation of bail of all the accused should logically follow,” the Justice Department motion said. Under conditions set by the Supreme Court, the communist leaders were granted bail so they could join peace talks in Norway last year. One of the conditions was that once their participation ceases or the peace negotiations are terminated, the bail bonds would be “deemed automatiNext page cally canceled.”

PLEA FOR PEACE. Executive Secretary Salvador Medialdea leads the ceremonial lighting of the giant Christmas Tree at Malacañang on Tuesday, when President Rodrigo Duterte, in a speech pleaded ‘for unity of the country, that we shall be freed of the communal wars...for the next generation that there will be Filipinos able, competent, healthy, and good...or peace so that our citizens can move around anytime of the day or night.’ Presidential Photo

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THE camp of Chief Justice Ma. Lourdes Sereno on Wednesday assailed lawyer Lorenzo Gadon for alleged another perjury in his impeachment charges against the former before the House of Representatives. Sereno’s spokesman and lawyer Jojo Lacanilao stressed the claim of Gadon that Associate Justice Noel Next page

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THURSDAY, DECEMBER 7, 2017 mst.daydesk@gmail.com

Cam joins PCSO board and the migrant Filipino workers,” Cam told reporters in a chance interview. “This is not a political position, but give me HISTLEBLOWER Sandra three months and I will prove that my detractors Cam said Wednesday she is are wrong.” joining the Philippine Charity Joining her in the PCSO board is Bong SunSweepstakes Ofﬁce as a member of its tay, president of the Philippine National Taxi Operators Association. board. Cam, the jueteng whistleblower, had earlier Cam, a former senatorial candidate, took landed in the headlines after she allegedly blew her oath before President Rodrigo Duterte on her top at Ninoy Aquino International Airport in February when she was not accorded the VIP Wednesday afternoon. “The President had given me his trust. I’ve treatment she had expected. She even boasted about her anticipated apbeen working so hard to help the less fortunate

By John Paolo Bencito

More Pinoys went hungry in past 3 mos. THE number of Filipino families who experienced involuntary hunger grew by 11.8 percent or an estimated 2.7 million families at least once in the past three months, the latest Social Weather Stations survey revealed. The latest figure is 2.3 points above the 9.5 percent, or an estimated 2.2 million families who said that they experienced involuntary hunger in June 2017. Of this number, some 9.6 percent or an estimated 2.2 million families experienced “Moderate Hunger” while 2.1 percent or an estimated 493,000 families experienced “Severe Hunger.” Moderate hunger is defined by SWS as involuntary hunger experienced “only once” or “a few times” in the last three months while severe hunger refers to those who experience hunger “often” or “always” for the same period. Across regions, those who experienced involuntary hunger rose in all areas, except in Mindanao. John Paolo Bencito

Reds... From A1

newly promoted military officials, said the communist consultants who are out on bail must be rearrested. In a separate speech, Duterte insisted that communist rebels were “insatiable” and said that he won’t give in to the demands of communists to form a coalition government. The Palace on Wednesday accused leftist organizations of being accessories to the CPPNPA acts of terror. “There really is a conspiracy. The CPP-NPA, under the Human Security Act, is being penalized for ...terrorist activities and all those acting in conspiracy with them will be charged,” Palace spokesman Harry Roque said in Filipino. The military on Wednesday said the NPA is expected to recruit more cadres to offset the intensified anti-terror operations that have so far killed dozens of rebels in two weeks of clashes across the country. Col. Edgard Arevalo, the AFP’s public affairs head, described the NPA recruitment effort as a desperate move due to defeats suffered during military operations. Days after peace talks were canceled, the NPA suffered 25 dead and dozens wounded in clashes with government troops. Two soldiers were also killed during the skirmishes. On Tuesday night, President Duterte issued a proclamation declaring the CPP-NPA a terrorist organization and ordered the military to shoot dead armed rebels. With the collapse of the

peace talks, Arevalo said the military will be conducting a relentless hunt against members of the terror group. CPP founder Jose Maria Sison chided the military for believing they could rush the NPA. “He is entitled to his own opinion. But based on the ongoing military operations, we can see who is on the winning side,” Arevalo said. He cited the recent encounter with the NPAs in Nasugbu, Batangas that resulted in the death of 15 rebels, including five amazons and a communication arts student from the University of the Philippines and the recovery of 12 highpowered firearms, describing it major tactical defeat. To strengthen the military’s offensive against the terror group, particularly in parts of Mindanao, two companies Civilian Army Auxiliary composed of lumad were enlisted. Col. Ernesto Torres, commander of the 1003rd Brigade based in Davao province, said the integration of lumad into the Army’s regular force aims to combat the encroachment of ancestral domains by the CPPNPA. In Davao, the President’s son, Vice Mayor Paolo Duterte supported his father’s move to declare the NPA a terrorist group. “Let us now stop addressing the NPA as a rebel group, let us start referring them as who they really are—terrorists,” the younger Duterte said. He said that due to their

unlawful acts, there was no difference between the NPA, the Maute group and the Abu Sayyaf. Also on Wednesday, the Movement Against Tyranny said it would hold a rally upholding human rights and rejecting dictatorship on Sunday to mark Human Rights Day. The rally will be held from 3 p.m. to 5 p.m. at the Bonifacio Shrine next to Manila City Hall. “We will mark International Human Rights Day on Dec. 10 with a heightened sense of urgency given the killing of known human rights activists Catholic priest Fr. Marcelito Paez in Nueva Ecija last Monday and Elisa Badayos in Negros Oriental last Nov. 28. Also killed was born again pastor Lovelito Quiñones in Mindoro Occidental last Dec. 3,” the movement said. MAT added that with Duterte’s declaration of the CPPNPA as terrorists, and his order to intensify military operations, plus the return of the Philippine National Police to the forefront of the anti-drug campaign, would mean more killings and human rights violations. “Today, Duterte is back to his tyrannical ways and is paving the way for one-man rule through his convoluted idea of a ‘revolutionary government.’ In this light, it has become necessary again to publicly show our unity against the looming threat of a violent, fascist dictatorship,” the group said. With F. Pearl A. Gajunera and Bill Casas

operations on urban poor communities,” said Phelim Kine, deputy director, Asia Division, of Human Rights Watch. The Department of the Interior and Local Government on Wednesday urged the public to report any police abuse, now that the PNP has rejoined the war on drugs. Also on Wednesday, PDEA director-general Aaron Aquino said hotels in Metro Manila are now being used as choice venues for drug use and transactions.

He noted a string of buy-bust operations and implementation of search warrants in several upscale hotels in Metro Manila caught pushers and users in the act of selling and using shabu and ecstasy. “Illegal drug transactions are actually happening inside hotel rooms because illegal drugs can be exchanged discreetly. Also, organized parties spiked with drugs take place inside these establishments because detection risk is less,” he said. A leftist group, meanwhile,

hit the PNP for offering its “Know Your Rights” application as a “perfect example of hypocrisy.” “It doesn’t matter how many online apps the PNP intends to launch on human rights, nor how many copies of human rights manuals they disseminate. These cannot erase the irrefutable fact that offline and on the ground, they are among the foremost rights violators in the country,” said Cristina Palabay, Karapatan secretarygeneral. With Bill Casas, PNA

She said that Garin announced in January 2016 that Aquino had approved the administration of the vaccine to public schoolchildren from nine to 10 years old in three regions, including Metro Manila, Calabarzon and Central Luzon. She also revealed that the immunization program was launched without the schoolchildren’s parents and health workers being given the proper information on Dengvaxia. “I hope it was not intentional, there was not enough information. Mothers agreed to have their children vaccinated because they knew it was a protection against

dengue. But the truth is that Dengvaxia vaccine is not bad. However, you have to use it properly. You have to use this on children who [already] had dengue,” related Mercado. The goal of the program, which was launched in April 2016, was to administer the dengue vaccine to a total of 1,077,623 children. The DOH said more than 733,000 public schoolchildren had been vaccinated since the immunization program was launched, and more than 200,000 children have been given three shots. The World Health Organization had said that it did not recommend the use of Dengvaxia. But after more than a year after the dengue immunization program, Sanofi came

out with an advisory last week that the vaccine should not be given to those who have not had dengue before. In her Facebook account, Mercado said that at least 200 parents have provided her names and some photos of their dengue-free children who have been vaccinated with Dengvaxia. She promised the parents that the list that she has will be submitted to congressional bodies that will investigate the dengue vaccine anomaly. “I am now analyzing this data and am thankful for those who gave birthdates and locations so I can figure out if age and location is a factor in some of the reactions,” she said. Senator JV Ejercito on Wednesday proposed the creation of a task force that will

conduct a thorough and comprehensive investigation on the controversial dengue vaccine after it was found that it causes “severe” health risks to children without prior infection of the virus. Ejercito said he is recommending that the task force be composed of representatives from the DOH, WHO, Philippine Medical Association and medical societies, academe, and noted medical and health experts. The senator, chair of the health committee, has filed Senate Resolution 557 directing the proper committee to conduct an inquiry into the dengue immunization program of the DOH vis-à-vis the Sanofi Pasteur’s new clinical finding on the vaccine Dengvaxia’s adverse effects.

Member-in-Charge for this administrative matter. The Chief Justice did not and could not have ‘caused the matter to be raffled [off] to her.’ The Chief Justice is not the head, and is not even a member of the Raffle Committee. She has no participation at all in the raffle of cases,” he stressed in denying Gadon’s claim. In related developments: • Speaker Pantaleon Alvarez on Wednesday said the hearings conducted by the House of Representatives’ committee

on justice on the impeachment complaint against Sereno had slowly unraveled the flaws of her defense. “We slowly see that the denials of the accusations against the Chief Justice were baseless,” Alvarez said a news conference. Alvarez said the documentary evidence and the testimonies of resource persons invited to impeachment proceedings would pose a problem for Sereno unless she appeared at the House justice committee to air her side and refute the charges

against her. • A Supreme Court official admitted Wednesday that Sereno took it upon herself to decide on the request of the Department of Justice to transfer jurisdiction of the cases involving Maute terrorists to either Luzon or Visayas from Mindanao. At the impeachment proceeding of the House committee on justice, Supreme Court Clerk of Court Felipa Anama said Aguirre’s request letter on the matter was not raffled off to any member of the high court

pursuant to the rules. “It’s [Aguirre’s request] with her [Sereno] since she already acted on it right from the start,” Anama told the hearing on the impeachment case filed against Sereno by Gadon. Anama’s response came as SAGIP party-list Rep. Rodante Marcoleta asked her if the case was raffled off or not. Lacanilao also denied the allegation that Sereno was acting on the case by herself without the collegial approval of the high court.

crashes happen, the roads are unguarded. Quezon City recorded a total of 33,717 road crashes last year, the highest in Metro Manila according to the MMDA. In fielding the bulk of their enforcers, officials give priority to congested roads over crashprone ones.

“Our deployment depends on where there is heavy traffic, or where areas are congested,” said Glenda Lim, chief of Police Community Relations at the Philippine National Police Highway Patrol Group. Black spots, or areas notorious for road crashes, come secondary in traffic deployment―

even as studies have shown that the presence of traffic enforcers deters reckless driving that results in road crashes. Quezon City’s deadliest roads, ranked by data science firm Thinking Machines based on the number of road crashes in 2016, are Edsa, Commonwealth Avenue, Quirino Highway, Kati-

punan Avenue, Quezon Avenue, Aurora Boulevard, Andres Bonifacio Avenue and E. Rodriguez Sr. Avenue. Of these roads, there’s a higher likelihood of enforcer response in the event of a crash on Edsa, Commonwealth and Katipunan compared to other roads.

The Justice Department will also ask the court to declare the CPP a terrorist group. Justice Secretary Vitaliano Aguirre II expressed confidence that the lower court would grant the government’s request following President Duterte’s proclamation naming the CPP as a terror group. Aguirre said he would immediately issue a department order creating a team from the National Prosecution Service to file a formal court petition to declare the communists terrorists. “It has excellent chances [of being approved] because of the numerous supporting evidence we have [showing] that they are committing terroristic activities despite numerous initiatives of President Duterte to reach out to them,” Aguirre said. The Human Security Act of 2007 requires the Justice Department to seek clearance from the court before an organization, association or group can be declared a terrorist group. Foreign Affairs Secretary Alan Peter Cayetano said exiled communist leaders may lose their politcal asylum once the CPP-NPA is recognized as a terrorist group. Communist leaders, however, said President Duterte has killed the prospects of reviving the peace talks when he declared the CPP-NPA as a “terrorist organization.” Duterte, speaking before

Trillanes face Du30... of evil— Du30 From A1

IF THERE could be a model for the “face of evil,” opposition Senator Antonio Trillanes could easily fit the mold for having similarities to Judas, the 12th apostle who betrayed Jesus Christ, President Rodrigo Duterte said Wednesday. In a speech during an oath-taking of presidential appointees, Duterte said Leonardo da Vinci had a hard time completing his Last Supper mural because although he searched Florence far and wide, he couldn’t find the perfect model for the last apostle, Trillanes. Da Vinci, Duterte said, told Trillanes, “You are a model for the face of evil.’ Duterte then cautioned the newly appointed government officials: “We all start with the noblest of intentions, joining government… we start good … But I hope I will not have to ask you to pose a picture which I will draw shortly before I leave the presidency. I hate to see you being a Jesus Christ, only to discover in the end that you are the Judas that I have been also looking for,” he said. John Paolo Bencito

Sereno... From A1 Tijam was the member-incharge of the request of Justice Secretary Vitaliano Aguirre II for the transfer of Maute cases to Taguig City was proven to be false. Lacanilao cited the testimony of Felipa Anama, SC clerk of court SC, that the administrative case was not raffled off to Justice Tijam. “The Chief Justice is the

Deadliest... From A1 traffic enforcers take turns manning the city’s busiest roads, each of them stationed at “choke points” or areas notorious for heavy traffic. Beyond these hours or when the most fatal

pointment to a Cabinet post and her connections to Special Assistant to the President Christopher Go, but she denied this. Also taking his oath is former Presidential Spokesman Ernesto Abella who was sworn in as undersecretary of the Department of Foreign Affairs. Abella was a businessman, writer and former evangelist before he was appointed as a presidential spokesman. Duterte had been tightlipped about his decision to replace Abella with law professor Harry Roque as his mouthpiece, only saying that it was a “personal decision.”

A human rights group said the government’s failure to hold anyone accountable for the killings in its anti-drug war make it “highly unlikely” that the PDEA will be able to restrain well-documented police abuses. “Those failures highlight the need for United Nations action to investigate these killings, and end the murderous police

Dengue... From A1

LTO chief in trouble over car-plate lack By Maricel V. Cruz SPEAKER Pantaleon Alvarez on Wednesday demanded the resignation of Land Transportation chief Edgar Galvante for his alleged failure to solve the agency’s car plates problem. Alvarez said the car plate backlog was a relatively simple matter to address, and the fact that it was persisting meant Galvante was not fit for his job. “You have been there for more than a year and yet you haven’t acted on the license plates backlog,” Alvarez told reporters. “This only shows that you fail to perform your mandate.” Alvarez said the car plates backlog was one of the issues President Rodrigo Duterte had raised when he was campaigning for the presidency. Duterte had lamented that it took years before car owners could obtain their license plates. “Is it really that difficult to procure license plates?” Alvarez said. “I had been a Department of Transportation and Communication secretary and I could not see any reason why we cannot address this problem.” Alvarez said Galvante must go. “I suggest that Assistant Secretary Galvante resign so the President can appoint a person who can ably and

Prospects... From A1 having more murders. As in other hotspot nations, the deaths in the Philippines are rising as communities stand up against corrupt politicians and businessmen intent on securing increasingly scarce natural resources. “Voracious industries such as mining, agribusiness and logging are trampling over people’s rights to take part in decisions that affect their land and environment,” Billy Kyte, Global Witness environmental and land defenders campaign leader, said. “Forced into activism, many of these marginalized communities then receive threats and attacks for defending their rights. The government does little to stop the ensuing violence and rarely holds anyone to account for the killings.” President Rodrigo Duterte’s controversial crackdown on

12-m... From A1 facility underwent a scheduled shutdown for maintenance purposes. The ERC Order was based on the ground that the prices were exceptionally high. The CA decision, promulgated on Nov. 7, 2017, effectively overturned the ERC Order, and reinstated and declared valid the prices of the November and December 2013 supply months in the WESM for the island of Luzon. The CA’s Fifteenth Division through Associate Justice Soccoro B. Inting ruled that the assailed ERC Orders were being issued without due process. The Court of Appeals claimed ERC committed errors of fact and law in the exercise of its quasi-judicial functions, which warrant the reversal of the assailed Orders. Power generation companies would have gotten a P24 B windfall from the WESM in November & December 2013 because of the sudden price increase. This would have jacked up

Reenacted... From A1 the Duterte administration. And doing those cuts, the P50.7b, the P50.8b cuts will really affect the infrastructure program of the DPWH and the administration,” Davao City Rep. Karlo Nograles, chairman of the House committee on appropriations, said. The DPWH will be at the forefront of the P9-trillion infrastructure modernization program spanning the next five years. The decision came after Speaker Pantaleon Alvarez last week warned of a reenacted budget should the Senate insist on changes on the House-approved version 2018

competently perform his job,” Alvarez said. At a hearing conducted by the House committee on transportation, Alvarez raised the car plates backlog in light of several pending bills affecting the transport sector. He expressed dismay over Galvante’s absence in the committee hearing and instead sent the agency’s representative, lawyer Jane Paras Leynes. Leynes said Galvante was undergoing a medical treatment. The committee hearing tackled, among other things, House Bill 6455 seeking to cut red tape and speed up the process of registering imported motor vehicles. Alvarez authored the bill. Alvarez said the LTO must simplify the process so as not to make it difficult for ordinary motor vehicle owners. The discussion soon veered into other problems in the LTO, including the backlog of car plates. In defense of the LTO, Leynes said the agency’s bids and awards committee was currently in the process of procuring car plates to address the backlog. She said the LTO expected to finalize the procurement of the car plates by the end of the first quarter of 2018. Reports say that as of the middle of July this year, the car plates backlog stands at around seven million. drugs, which has seen police and suspected vigilantes kill thousands of people, further highlights the culture of impunity, according to rights groups. Father-of-five Ruben Arzaga was one of the most recent land defenders murdered in the Philippines when he was shot in the head in September as he tried to approach illegal loggers on Palawan island, a popular tourist destination. Arzaga was an elected village captain in Palawan’s tourist town of El Nido, famed for its idyllic beaches and limestone cliffs, and had been trying to confiscate illegally cut timber as part of a personal crusade to stop rampant deforestation. “If this illegal activity is not stopped, I think before my youngest daughter becomes a young adult and has a family of her own, all the big trees here will be gone,” Arzaga, 49, said in February during another mission to confiscate chainsaws from illegal loggers. AFP electricity rates for some 12 million customers at the time. But the ERC intervened, and ordered a recalculation of WESM prices based on ex-post load-weighted averages from January to September 2013. This resulted in Luzon electricity consumers paying only P7 billion to generation companies, instead of the P24 B. Electricity consumers in Luzon will now bear the brunt of the recent CA decision. The decision would push distribution utilities to collect from end-users more than P17 billion. It will also force a normal Filipino household to fork over more than P700 on the average, on top of its usual electric bill for the month. Commercial establishments and manufacturing firms would have to pay, on the average, an additional P10,000 and P350,000 respectively. A similar case happened in Central Luzon: due to the high prices in November 2013, the generation charge of Tarlac 2 Electric Cooperative (TARELCO II) went up to P9.60/kWh in December from P5.18/kWh in the previous month. General Appropriations Bill. The Senate’s proposed cut of the proposed P50 billion under the DPWH over issues of right-of-way acquisitions was among the contentious issues in the next year’s budget. The House also opposed the Senate’s realignment of the P900-million allocation for Oplan Double Barrel for the Philippine National Police and allocated it instead for the housing projects for the police and the military. Alvarez last week said if senators and congressmen could not agree on the contentious issues before Congress took its Christmas break, it was possible the government might operate next year on a reenacted 2017 budget.

News House hits absence of ‘Bato’from STL hearing By Maricel V. Cruz CONGRESSIONAL leaders on Wednesday expressed dismay over the failure of Philippine National Police Director General Ronald “Bato” dela Rosa to show up at a House of Representatives hearing on the alleged involvement of some uniformed personnel in illegal small town lottery (STL) and gaming operations. At the same time, the absence of any PNP representative from the hearing at the House committee on games and amusements on Monday irked Rep. Gus Tambunting of Parañaque City, the panel chairperson, and Rep. Romeo Acop of Antipolo City. They said the national police was not taking the House invitation seriously. “In the next hearing of these two committees, if ever the PNP Chief will be invited again, the invitation will be stronglyworded. I think the PNP is not taking our invitation seriously because of the attendance of the deputies, not the bosses,” Acop, chairman of the House committee on public order and safety, said. At the start of the hearing, Acop—a former police general himself— asked the resource persons from the PNP who was the representative of Dela Rosa.

THURSDAY, DECEMBER 7, 2017 mst.daydesk@gmail.com

AFP chief breezes past CA By Macon Ramos-Araneta

HE appointment of Armed Forces of the Philippines Chief of Staff Gen. Rey Leonardo Guerrero was unanimously approved by the Commission on Appointments on Wednesday, 11 days before his retirement.

Guerrero, who will reach the mandatory retirement age of 56 on Dec. 17, breezed through the conﬁrmation process. During

the conﬁrmation hearing, some lawmakers lamented his short term, but no one questioned his appointment.

No member of the powerful congressional body opposed the CA’s subcommittee on national defense’s moved to confirm the appointment of the general from Davao, who is a close friend of President Rodrigo Duterte. Instead, the bicameral committee discussed changing the retirement age in the military. Senator Panfilo Lacson moved for Guerrero’s confirmation despite his impending retirement, and Senator Gringo Honasan

seconded Lacson’s motion. Aside from Guerrero, the CA also conﬁrmed the ad interim appointments of 40 other military ofﬁcers. Guererro was supposed to lead the military last June 2016, when his predecessor, Gen. Eduardo Año, was supposed to retire early to lead the Department of the Interior and Local Government. Guerrero was supposed to serve as AFP chief for just six months. However, the terrorist-led siege of Marawi City forced Año to

Govt to clamp down on human trafficking By Rey E. Requejo and Joel E. Zurbano THE Department of Justice on Wednesday ordered the National Bureau of Investigation to coordinate closely with the Bureau of Immigration to identify and prosecute the people behind an apparent human trafficking syndicate using local airports as transit points. Justice Secretary Vitaliano Aguirre II gave the order after immigration authorities intercepted five foreigners allegedly involved in human smuggling, either as victims themselves or as perpetrators, from Nov. 25 to Dec. 4. The BI personnel identified the captured foreigners as Somalian Mohamoud Aden Abdinah, Chinese Chen Hul Lin and Hua Juan Chen, and Iranians Shehni Dashtegoli Reza and Mohammadreza Eisa Moezzi.

All five were bound for England during the Asean Summit, which the Philippines recently hosted. The Iranians arrived on separate flights from Dubai and Bahrain on Nov. 30 and Dec. 4, respectively, as transit passengers. Port Operations Division chief Marc Red Mariñas said they found out that Reza and Moezzi, both 32, knew each other when they questioned them at the Naia-Immigration office interrogation room. The suspects admitted paying $3,000 to $5,000 each to international syndicates in exchange for fraudulent Slovakian and French passports. Aguirre said human traffickers timed their activities when airports are busy with the influx of international guests. “Apparently, the efforts to smuggle these individu-

als manifest organized criminal efforts to use fake travel documents and should be looked into further,” he said. Mariñas said they were strictly monitoring citizens from high-risk countries, which include Iran, Syria, Iraq, Lebanon, Somalia, who were using spurious travel documents to gain entry to the United States and United Kingdom. “These people were being held due to national security. We are looking out for their possible involvement to any terrorist groups,” he said. The Iranians were presented to the media at the Naia Terminal 3 on Wednesday along with Lin Chen Hui, 29, and the female Chen Hua Juan, 27, who were also intercepted with fake passports. The Somalian Abdinah, 23, who attempted to board

a flight to London using a Swedish passport on Nov. 25, was not present during the press briefing. Lin and Chen used Macau Special Administrative Region passports when they were intercepted after trying to board a Londonbound plane at the Naia Terminal 2 on Nov. 30, the same day they arrived in Manila. Aguirre and Immigration Commissioner Jaime Morente said the Philippines is now become a transit hub of unscrupulous groups who want to gain entry to the European countries. They said local immigration officers are vital “in the safeguarding of our borders and our ally countries.” Aguirre said all of the foreigners’ travel documents were certified by the BI Forensic Laboratory to be fraudulent.

stay put until his retirement in October. Guerrero took the helm of the 130,000-strong Armed Forces on Oct. 26 as it shifted its focus from ﬁghters inspired by the terrorist Islamic State to ﬁghting communist rebels the government has now tagged as terrorists. Before his appointment, Guerrero was commanding general of the Eastern Mindanao Command (Eastmincom), where most communist rebels are reportedly concentrated.

On Tuesday, Defense Secretary Delﬁn Lorenzana told the Manila Standard in a text message that Guerrero’s term would be “extended,” but they awaited the President’s order to see how long the extension would be,” The decision followed the joint command conference of the military and the police attended by Duterte himself at Malacañang. Guerrero, a member of the Philippine Military Academy “Maharlika” Class of 1984, only received his fourth star last Nov. 9.

Escudero to ask Pimentel to subpoena Andy Bautista SENATOR Francis Escudero on Wednesday said he would ask Senate President Aquilino Pimentel III to issue a subpoena to former Commission on Elections chairman Andres Bautista for his failure to attend hearings on his alleged ill-gotten wealth. “We will be requesting the Senate President to issue subpoena to Chair Bautista, given the fact that he did not even give us a reason for his absence in this morning’s hearing,” said Escudero, chairman of the Senate committee on banks. “Until Chairman Bautista appears [here] and clariﬁes, and they have said on national TV with much braggadocio that they will appear and defend themselves, I hope they will heed their own words that he made a couple of weeks ago,” the senator added.

Escudero said one of the three invites sent to Bautista had been received in one of his addresses, but no explanation was relayed to the Senate committee on why he could not attend the hearing. Unlike the committee’s last hearing, Escudero said Bautista had informed the panel that he could not attend that time because he was abroad. The senator noted Bautista and his brother, Martin, had said “several words” that they are open to any investigation, that they are not hiding anything, and they will cooperate and execute their waiver. However, Escudero admitted that while the Senate can compel Bautista to attend its proceedings, the chamber could not force the former election chief to issue a waiver for his bank accounts. Macon Ramos-Araneta

Opinion

THURSDAY, DECEMBER 7, 2017

mst.daydesk@gmail.com

Adelle Chua, Editor

EDITORIAL

The Philippines’ next top cop

HE Palace claims there is no official announcement yet on who the next chief of the Philippine National Police would be.

There were indications that the current deputy chief would be the next director general, but until there is an official announcement, nothing is cast in stone yet. What is certain is that the current director general of the PNP, General Ronald dela Rosa, only has until next month to lead an institution the public has felt so conflicted about. In the year and a half that Dela

Rosa led the police organization, we have harbored strong and contrasting sentiments about it. We know, for instance, that the PNP is mandated to protect the citizenry and make us all feel safe in our homes and on the streets. Because this administration has prided itself in enforcing the law and cracking down on lawless elements, there are claims crimes have gone down—as a result, the streets are safer. That is arguable, of course, especially when we take into consideration the numerous reports that some cops have been overzealous in carrying out the war on drugs. As a result, the anti-drug campaign has

been the subject of much criticism —such that the President had to tap the Philippine Drug Enforcement Agency to lead it, instead. Dela Rosa, for his part, has shown his character to be as evocative as his nickname “Bato.” Remember him comically bobbing his head up and down during Mr. Duterte’s inauguration? Dressing up as Santa Claus to supposedly spread cheer? Berating errant cops in front of cameras and making them do push ups? Crying on national television, lamenting how the PNP is being judged harshly even as it is just doing its job? We’ve seen enough fanfare, sure, but not much else.

Whoever the next chief of the PNP will be will have a great burden on his shoulders. The PNP has again been tapped to participate in the anti-drug campaign, to lend support to the PDEA. The next chief has to show he is his own person capable of firm enforcement of the law balanced with an equally firm grasp of the notions of due process and human rights. Mr. Dela Rosa can entertain fantasies of pursuing a career based on popularity. Meanwhile, the men and women of the PNP, a great majority of whom still have the best intentions of the nation at heart, do not need a character. They need a leader. TO THE POINT EMIL P. JURADO

Charge Aquino, Garin and Abad THE Food and Drug Administration has ordered the recall of Dengvaxia, the world’s first anti-dengue vaccine, over concerns that it might put at risk those who do not have a history of dengue. That is to be expected. Imagine 733,00 schoolchildren who have been immunized are all in danger after former President Benigno Aquino III and his health secretary, Janette Garin, went on a buying spree toward the end of the previous administration. The recall of the drug should not make us complacent. The impact of this fiasco is so overwhelming.

This is just criminal!

A huge conspiracy LOWDOWN

JOJO A. ROBLES WHEN the current Congress opened in the middle of last year, a two-term lawmaker from Quezon province, Rep. Angelina Tan, who was also chairman of the House committee on health, started an investigation into the P3.5-billion “midnight” anti-dengue immunization program of the Aquino administration using the Dengvaxia vaccine. By February of this year, the committee of Tan, a rural doctor by profession, had completed a draft report on its probe, which contained damning findings and recommended the suspension of the program. According to the Tan committee, the Depart-

ment of Health found that 997 children vaccinated with Dengvaxia, a product of French pharmaceutical giant Sanofi Pasteur, suffered “adverse effects” after being inoculated with the first of the three-dose vaccine. Fully 30 of these cases required hospitalization, the committee report said, and two of the 30 children died. A report by Jess Diaz in yesterday’s Philippine Star said the DoH was unable to explain what happened to the children who fell ill upon being vaccinated, because of a “lack of proper monitoring and reporting protocols before undertaking the program.” Tan told Diaz that the department never gave the committee an update on the fate of the children up until the report was drafted last February. The committee found that four children died after be-

ing given Dengvaxia, two in Bulacan and two in Bataan, with only the two Bataan children identified. Medical experts consulted by

Ofﬁcials and politicians in two administrations were involved in a campaign to continue and protect the Dengvaxia program. the Tan committee said that the deaths were apparently “vaccination-induced.” The committee, according to Diaz’ report, “rec-

ommended the temporary suspension of the dengue vaccination program and the conduct of serological tests prior to immunization, for studies have shown that the vaccine provides better protection for those who were already exposed and are positive for dengue antibodies.” The potential dangers of the vaccine on recipients who tested “seronegative” (or who have not been infected with the virus) was cited by Sanofi last week, an admission which sparked the scandal now known as “DengGate.” But the Tan committee’s report was never submitted to the House plenary. As the investigation was about to conclude, the powerful House committee on rules decided that the committee on good government and public accountability headed by Surigao del Sur Rep.

Johnny Pimentel should join in the probe before the Tan panel’s findings could be officially reported out. The official reason given was that since government officers were apparently involved in the anomalous purchase of Dengvaxia and the massive vaccination program to administer the vaccine to 730,000 children, Pimentel’s committee should be involved. But what the House leadership of Speaker Pantaleon Alvarez actually did was to stymie the Tan committee and bury its draft report. The two committees were unable to form a consensus, thereby effectively “killing” the Tan panel’s explosive findings. Pimentel, by the way, is known in the House as a top henchman of Alvarez. The Surigao congressman is best remembered for lead-

ing the investigation of the so-called “Ilocos Six,” the officials of the Ilocos Norte provincial government who were detained for months at the House on the alleged orders of Alvarez and Majority Leader Rep. Rodolfo Fariñas of Ilocos Norte, who apparently were behind a campaign to discredit Farinas’ political rival, Gov. Imee Marcos. *** Instead of suspending the implementation of the Dengvaxia program, the House even convinced Health Secretary-designate Paulyn Ubial to expand it to the Central Visayas region. Under the Aquino administration, the program had only targeted children in public schools in three regions— Metro Manila, Central Luzon and Southern Tagalog— for inclusion in the program.

We cannot rely on what the Sanofi representatives are saying. They are playing down the impact of the issue. The Duterte administration should look into why and how this fiasco even happened. Those responsible should be made accountable. Records show that Aquino met representatives of Sanofi Pasteur in Paris, twice. Soon enough, a deal was in place. Maybe Aquino wanted to show the people that he was doing something for the people. At that time, the 2016 election was looming large. My gulay, that’s just criminal! The drug was never certified by the World Health Organization. Now Sanofi tells us there are risks. This is just unacceptable! The Duterte administration is now saying that in the wake of investigations scheduled by Congress and the Department of Justice,

Turn to A5

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Opinion US can’t walk away from the global migration crisis Bloomberg editorial THE US decision to boycott United Nations talks on global migration is as irrational as it was inevitable. It was always going to be hard for President Donald Trump to resist an opportunity to snub both his predecessor and the UN, but refusing to participate can only harm American interests. The record number of migrants and refugees in the world is not a fleeting crisis but reflects a continuing trend -- one driven by festering conflicts, environmental pressures and demographic inevitabilities. In 2000, the world’s estimated 173 million international migrants represented 2.8 percent of the world’s population, By 2015, there were 244 million, or about 3.3 percent. The question about the next migration shock, US officials say, is not if but when. So the US has a profound interest in shaping a global compact for safe, orderly and regular migration—the focus of the UN talks that Trump abandoned. Refugee flows have created an enormous burden for US allies and partners such as Turkey (2.9 million refugees) and Jordan (more than 680,000). And a continued failure to provide educational and economic opportunities for the world’s 22.5 million refugees, as well as agreed upon avenues for their return or resettlement, will sow decades of instability across the Middle East, Africa and Asia. In announcing the US withdrawal, Secretary of State Rex Tillerson said that the compact “contains a number of policy goals that are inconsistent with US law and policy.” Perhaps that’s because the Trump administration has repeatedly flouted some of the principles enshrined in the declaration that the US agreed to last year under President Barack Obama: Nations should detain children only “as a last resort,” follow due process in handling asylum applications, and combat “xenophobia, racism and discrimination” against refugees and immigrants. In fact, even when it comes to such sensible and humane standards, the envisioned compact promises to be aspirational. It won’t trespass on US sovereignty unless Congress chooses to codify its principles in law. There’s about as much of a chance of that happening as there is of black helicopters and blue helmets descending on the US to enforce it. In the meantime, the Trump administration has again undermined UN Secretary General Antonio Guterres, whose cooperation could help advance US interests in a variety of areas. It has also forsaken an opportunity to elucidate its arguments on immigration. If the administration disagrees with the declaration’s principles and goals, shouldn’t it make its case instead of simply staying home? The global migration crisis is not going away, and neither oceans nor a wall can shield the US from its consequences.

Charge... From A4

together with the National Bureau of Investigation, a refund of the P3.5 billion spent for the program should be sought. Parents of the children should file a class suit. Considering the fact that it was BS Aquino who negotiated this deal that was later implemented by Garin, what must be done is as clear as day. And let us not forget former Budget Secretary Florencio Abad who released the money. I am truly passionate about holding these people accountable for what they did. I am so worried about those children. *** President Duterte has signed a proclamation declaring the Communist Party of the Philippines and the New People’s Army as a terrorist organization. This means all who are allied with them are considered terrorists. What about the political arm of the communist movement—the National Democratic Front of the Philippines? Why aren’t JoMa Sison and Luis Jalandoni not included as terrorists? Doesn’t the NPA get orders to attack government forces from these two? Earlier, the President ordered the arrest of all NDFP consultants whom he had ordered freed as a sign of goodwill. These consultants have of course disappeared. From the start, I have doubted the sincerity of the communists to talk peace with the government. All these years, they have been imposing impossible conditions – freeing all prisoners, for instance, or forming a coalition government. Santa Banana, how many

A huge... From A4

During the confirmation and budget hearings attended by Ubial, she was repeatedly pressured to widen the scope of the vaccination

times has the government —across several administrations—held peace talks with the Reds? How many times have these negotiations failed? The truth of the matter is that the NPA is no longer a monolithic group. Some of course still pursue an ideology to overthrow the government. But many just want to extort money from those in the countryside. They are in fact assisted by their political fronts in the guise of party-list members of Congress. The irony of it all is that we, taxpayers, pay for the salaries of these lawmakers! *** The government expects a tremendous lift in tax collection once the Tax Reform for Acceleration and Inclusion (TRAIN) is enacted into law. The bill has passed both the House of Representatives and the Senate. After the bicameral conference committee is through with it, it will be submitted to the President for approval possibly before the end of the month. Even before the law takes effect, however, the new leadership of the Bureau of Customs has been scrambling to increase revenue collection. Newly installed BOC Commissioner Isidro Lapena said the agency recorded collections of P4.87 billion last month—the highest monthly take of import duties and other taxes. Lapeña said the bureau achieved the feat despite the fact that Customs only had 18 working days last month. I hope they will not be lulled into complacency. Reliable sources tell me that before the month is over, two notorious smugglers will be bringing in Ferrari luxury cars with a total value of P300 million to P500 million!

program, which the health secretary initially resisted on medical grounds. At the same time, a vocal antiUbial faction rose in the House, led by Kabayan party-list Rep. Harry Roque (who is now spokesman of President Rodrigo Duterte),

THURSDAY, DECEMBER 7, 2017

mst.daydesk@gmail.com

TRAIN is coming OVERSIGHT DANILO SUAREZ WE ARE getting closer to completing the first-ever reform of our country’s tax system in over two decades. Three days into the bicameral deliberations, we are nearing the fruition of the Tax Reform for Acceleration and Inclusion. This will introduce necessary reforms to our country’s tax system, but will also raise revenues that will support the administration’s “Build Build Build” infrastructure development program. As part of the bicameral conference committee, I took part in the bicam-

eral deliberations for the TRAIN. Finalizing the provisions of the tax reform program is a challenge for both Houses of Congress because of the significant differences in the provisions of the two versions. Good news is, we’re already halfway through the deliberations and we have already agreed on several provisions. One of the key provisions that the bicameral conference committee has approved is the personal income tax exemption of all workers earning P250,000 a year. This is helpful to our minimum-wage earners who will benefit from use of their full earnings. With the implementation of TRAIN next year, about

6.8 million of the country’s 7.5-million individual income taxpayers will be taxexempt. The TRAIN targets to raise P130 billion in government revenue. One of the concerns I raised during the deliberations is my position towards a “revenue neutral” tax reform. This means that the revenue loss from the tax cuts should be offset by the revenue gains from broadening the tax base, increasing excise taxes, eliminating deductions, and other related measures. The government’s gains from the additional taxes should only be equal to its loss from the tax cuts, and should not have further profit. Contentious provisions

include excise taxes on petroleum, coal, minerals, automobiles, sugarsweetened beverages, and cosmetic procedures. The increased taxes from these items will make up for what the government will lose from the personal income tax exemptions and reductions. I hope that we soon come up with the best tax rates that would be fair for all. Besides the tax adjustments, the TRAIN also aims to achieve administrative simplicity. The goal is to simplify the process involving filing of taxes to make the procedure less vulnerable to corruption. The bicameral conference committee has already adopted the two-

page income tax returns for easier compliance. We are also considering the quarterly, instead of the monthly filing of VAT and percentage tax. The bicameral conference committee expects to pass the TRAIN before the adjournment of session next week, with target implementation on Jan. 1, 2018. This tax reform program, once implemented, will be one of the greatest milestones in Filipino history. Be assured that the bicameral conference committee has been meticulous in scrutinizing the TRAIN’s provisions to achieve a simplified, efficient and transparent tax system, and assures full accountability across the board.

Drawing the line DUTY CALLS FLORENCIO FIANZA AFTER much rhetoric coming from both the teacher and student, President Rodrigo Duterte, the student finally made good his threat to declare the CPP/NPA, led by the teacher, Joma Sison, as a terrorist organization. We may assume therefore, that for some time to come, there will be no peace talks between the government and the National Democratic Front. One ramification of the President’s declaration is that there will be a big increase in the fighting between the CPP/NPA and the armed services of the country. Then again, even before the President made the announcement, we already saw a spike in the number of engagements. One is that encounter in Nasugbu, Batangas wherein the CPP/NPA lost about 15 of its combatants. It was a major loss to the CPP/NPA considering that encounters between government forces and the CPP/ NPA do not normally result in huge casualties. The CPP/NPA also attacked a police station in Misamis Oriental with a reported strength of 200 men but failed to capture the station which was defended by

only 23 Police personnel. If the report was accurate that 200 men were involved from the CPP/NPA, it was both a major operation and failure on their part. The public will also now have to grow accustomed to more frequent skirmishes between government forces and the CPP/NPA. In addition, since the CPP/NPA is now considered a terrorist group, enforcement agencies will now be able to target aggressively the source of their financing which we all know comes mainly from the so called revolutionary taxes collected from some individuals and businesses, whether forcibly or voluntary consisting of money, material and medicines. One question that might arise however, is the question of media outlets interviewing elements of the CPP/NPA in jungles providing footages of men parading complete with uniforms, arms and flags which could be construed as providing aid to the enemy with free propaganda. This should now be clarified by the government to avoid unnecessary future problems with the media. The breakdown of the peace process is unfortunate after starting with so much promise, euphoria and optimism. Whose fault was it? When the President was campaigning, he promised peace for the country

and to be fair with him he started by appointing many left leaning personalities identified with the National Democratic Front to senior government positions. This even made the police and the military uncomfortable. Nonetheless, he is the only President in recent times to have done that and the NDF responded by calling the President their brethren. His principal peace negotiator, Labor Secretary Silvestre Bello, even went to the extent of attending one CPP/NPA anniversary celebration to the consternation of some people. This is probably to highlight the desire of the government to make peace. The President also went a lot further by releasing detained CPP/NPA leaders who are facing criminal charges. Led by the Tiamson couple, they numbered more than a hundred people. Now that fighting has resumed, the government will again have to look for these people and try to put them back in jail. This will not be easy. Although the CPP/ NPA armed component is only estimated to number around 3,800, all their important leaders are now out and can provide the needed leadership for their struggle. The President is right in saying that he, of all recent chief executives, has demonstrated the most

sincerity by doing a lot of confidence building measures which he believed was never reciprocated by CPP/ NPA leadership. Instead, the CPP/NPA continued to conduct raids on government installations culminating in the ambush of a government convoy consisting of personnel from the Presidential Security Group which essentially was the straw that broke the camel’s back, so to speak. The lame excuse from Joma Sison was that the NDF does not control all the armed elements of the CPP/NPA. If this is the case, what specific group is the NDF representing? Why is the government even talking to the NDF at all? It looks like the NDF wants to have their cake and eat it too. The CPP/NPA being declared as a terrorist organization is nothing new. For the last 15 years, the United States has considered the CPP/NPA a terrorist group but has never made a move against its leaders who are mostly living in relative comfort in the Netherlands apparently as Dutch citizens. This might be because of the on-and-off peace talks between the NDF and the Philippine Government. But now that the Philippine government considers the CPP/NPA as a terrorist organization, maybe the US government can move

against them without any hindrance. Not privy to the decision making processes of the NDF, we do not know why Joma Sison did not reciprocate in kind to all that President Duterte did. With the appointment of many progressives to senior government positions and the release of many CPP/NPA leaders as “consultants”, the CPP/NPA already got so much that they as a revolutionary group were not able to achieve in the last 47 years of revolutionary struggle. Perhaps it was a miscalculation on their part to think that they can milk President Duterte to make more concessions. It could also be that both sides simply miscalculated driven by misplaced expectations of the moment. At least President Duterte seems to have acknowledged this in one interview. We are now back to square one. Will the aging revolutionary in the person of Joma Sison have enough time to see his lifelong revolutionary ambition fulfilled as he badly wants? Will the armed services of the country, besieged with many missions, have enough resources to finally finish the CPP/NPA once and for all? The answers to both are not encouraging. Maybe both should just go back to the negotiating table for the sake of the country.

Robot takeover matters less if we’re all shareholders MATT Bruenig of the People’s Policy Project recently wrote an article in the New York Times suggesting a policy idea that seems extremely promising and woefully overlooked. That idea is what Bruenig calls a social wealth fund—a government-owned portfolio of stocks, bonds and real estate whose dividends would be paid out directly to the citizenry. This is similar to what economist Miles Kimball and others have been calling a sovereign wealth fund, which is the typical name for funds that some natural-resource exporters use to invest the proceeds from their state-owned oil and gas companies. But Bruenig’s name is better. The state-operated funds of countries such as Saudi Arabia are used in a discretionary manner, which often means their benefits end up flowing to the country’s richest. A social wealth fund, while having the same acronym, would guarantee that the income from capital assets gets distributed widely—perhaps as a universal basic income. A US social wealth fund would rely on tax revenues to purchase assets, rather than

natural resource revenues, but the principle is the same. Bruenig undersells his own idea. He frames a social wealth fund as a way to combat inequality and provide macroeconomic stability— and it certainly would do both of those things. But it’s also a way to insure the American middle and working class against technological change. As technologies such as machine learning become more advanced, there’s a real possibility that automation could start making human labor superfluous on a large scale. So far, nothing like that appears to be happening; as machines improve, humans keep finding new valuable things to do. But there’s no guarantee that it won’t happen in the future. So it’s important to have some way to protect a broad swath of the populace against this scenario. A social wealth fund provides just such a way. If automation replaces human labor, it means the labor share of income will continue to fall. That would mean the share of income going to capital owners—corporate profit, land rent and interest income—would go up. A social wealth fund would automati-

cally redirect that increased capital income back to the same people whose labor income fell, canceling out much or all the harmful impact. In other words, a social wealth fund is a way to redistribute benefits of the robots. The beauty of this policy is that it doesn’t require the government to take a stand on whether automation will hurt workers. If automation proves to be a boon to workers instead of a threat, as in the past, then wages will stay high and the social wealth fund’s payouts will be more modest. Either way, workers and the middle class are protected against change that’s almost impossible to predict. Actually, a social wealth fund would protect against other big economic changes. Labor’s share of income is already going down—probably due to globalization, industrial concentration, falling worker bargaining power, land price appreciation and other forces. Every one of those trends sends more money into the hands of shareholders, landlords and bondholders. So a social wealth fund would provide insurance against the future intensification of any or all

of these developments. So the social wealth fund seems like a great idea. But there are also difficulties and dangers involving its implementation. The main challenge is the issue of corporate control. As the government owns a bigger and bigger slice of corporate America, there’s the danger that companies will stop competing with each other. Some economists think this has already been happening, as large diversified institutional investors take over the stock market. If a giant investor such as a mutual fund owns multiple companies in an industry, it has very little incentive to push those companies to compete with each other. The result is de facto collusion without official monopoly. A social wealth fund could have the same effect, only more so. If less competition meant more money flowing into government coffers, the people controlling the fund would have a strong incentive to reduce competition. The result would be higher prices and worse service for consumers. One partial way around this is to have the social wealth fund not cast any shareholder

votes -- to limit its role to that of a silent partner, exercising ownership but no control. But the presence of a large nonvoting block of shareholders might still reduce the pressure on companies to compete with each other. Another solution would be to have not one social wealth fund, but many. Each fund would pay its proceeds to all or most US citizens. But each would be independently managed, and its managers paid on their performance. So unless the funds all copied each other, there would still be a bunch of independent shareholders pushing companies to improve productivity. The social wealth funds could even be given incentives to act as patient, long-term capital, combating the problem of corporate short-termism. So while the implementation needs to be nailed down, a social wealth fund—or an army of social wealth funds— is still a fundamentally good and underappreciated idea. It could be just what the country needs to reverse the negative trends that have afflicted the middle and working classes during the past several decades. Bloomberg

among others, which Ubial decided would only stop opposing her appointment if she agreed to continue and expand the Dengvaxia immunization campaign; ironically, Ubial’s appointment was rejected by the Commission on Appoint-

ments despite her expansion of the vaccination scheme. It is worth noting that a similar investigation started by Senator Richard Gordon on the Dengvaxia immunization program in the Senate in Decem-

ber last year also went nowhere. Gordon, in an interview this week, allegedly cited a lack of public interest in the case and the refusal of DoH officials led by Ubial to cooperate in the Senate probe. What does this all mean?

It means that government officials and politicians of various stripes in two different administrations were apparently involved in a campaign to continue the Dengvaxia program and to protect it from critics – even from within both Houses of

Congress itself. And if Sanofi had not made its self-incriminating admission last week, we probably would never have known about the whole thing, as well. That’s how powerful and all-pervasive the conspiracy was.

By Noah Smith

News

THURSDAY, DECEMBER 7, 2017 mst.daydesk@gmail.com

Fake goods, equipment seized Measure abolishing PCGG approved

By Vito Barcelo

MUGGLED fake goods, heavy equipment and sacks of rice worth P17.5 million from China were seized by the Bureau of Customs at the Port of Manila. Commissioner Isidro Lapeña said the confiscated shipments include various fake G-shock watches,

shoes, rice, used clothing, two heavy equipment, and other general merchandise.

The shipments which came from China were consig ned to ACC Tradi ng, Alcambaras Trading Corp., Melwinjay Trading and Pricewater Trading. Lapeña said the fake Casio G-shock watches and fake shoes were seized by customs agents which were declared as handicraft paper decoration.

“The used clothing, the two heavy equipment and rice were declared as bed linens, spare parts and resins, respectively,” Lapeña said. The customs chief said the consignees violated the customs law, Intellectual Property Law, and Republic Act (RA) 4653 which prohibits the importation of used clothing.

“The bureau will file charges against the consignees,” POM Collector lawyer Ernelito Aquino said. Commissioner Lapeña lauded the efforts of Aquino and x-ray inspection project head Zsae Carrie de Guzman for the successful apprehension of the foiled smuggling try by the importers.

By Maricel V. Cruz THE House of Representatives’ committee on justice approved on Wednesday a substitute bill seeking to abolish the Presidential Commission on Good Government and the Office of the Government Corporate Counsel. The PCGG was created to focus on the recovery and preservation of ill-gotten wealth, while the OGCC is the principal law office of government-owned-andcontrolled corporations. The OSG, on the other hand, is the law office representing the government. The still unnumbered bill, now being readied for approval in plenary session, aims to transfer the functions of PCGG and OGCC to the Office of the Solicitor General. The approved bill was a consolidation of House Bill 350, 547, 3275, 4748, 5216, and 5233. The committee, chaired by Oriental Mindoro Rep. Reynaldo Umali, approved the consolidated bill that was sponsored by Leyte Rep. Vicente Veloso, chairperson of the House subcommittee on judicial reforms under the Umali panel. The bill was approved prior to the resumption of the House justice panel impeachment proceedings. Veloso said the bill proposes to create a special task force of at least five divisions to continue the PCGG functions. It guarantees the absorption of PCGG and OGCC officials and employees who do want to avail of the retirement and separation benefits on condition that they have the needed eligibility and qualifications for the available OSG positions, Veloso said. One of the bills, HB 5233, was authored by Speaker Pantaleon Alvarez, House Majority Floor Leader and Ilocos Norte Rep. Rodolfo Fariñas, and Umali. “The consolidation of the legal services in the OSG will specifically promote the wiser and more prudent use of public funds since this will do away with the practice of the OGCC of billing client GOCCs for legal services rendered,” said Alvarez. Meanwhile, the same panel approved a separate bill that seeks to strengthen the OSG. The measure also seeks to strengthen the powers and functions of the OSG by increasing compensation, benefits and privileges of its employees. With PNA

THE Metro Manila Development Authority is set to introduce a special lane on Epifanio de los Santos Avenue designated only for a driver with two or more companions in a bid to further ease traffic along the 24-km highway. Dubbed “High Occupancy Vehicle” lane, the new scheme, according to MMDA assistant general manager for planning Jose Arturo Garcia, will encourage motorists to share ride with others. “This traffic reduction measure would give privilege to vehicles with many passengers,” said Garcia. The MMDA will conduct a dry run activity for the new traffic measure beginning Monday (Dec. 11) wherein vehicles with a single rider or occupancy would be barred from traversing the HOV lane. The HOV lane is the in-

Solon: No repeat of ‘Yolanda’ mess NEGROS Occidental Rep. Alfredo “Albee” Benitez, chairman of the House Committee on Housing and Urban Development, yesterday vowed there will be no repeat of the “Yolanda” housing mess in the rebuilding of war-torn Marawi City as the House of Representatives will exercise its oversight function to ensure that the government housing projects for those affected by the five-month war will proceed as planned. Benitez made the assurance even as he cited the RMB150 million (P1.15 billion) donation made by Chinese Premier Li Keqiang in behalf of the People’s Republic of China for the rehabilitation of Marawi City, the bulk of which may go to housing. “We have learned our lessons from our experience in the Yolanda rehabilitation program. And this time, we will make sure that livable and comfortable houses intended for the beneficiaries are delivered on time, strictly according to the specifications,” said Benitez.

New Rule on foreigners out

FOUR STAR. Senate President Aquilino ‘Koko’ Pimentel congratulates new AFP Chief of Staff Rey Leonardo Guerrero after the latter’s confirmation to the rank of four star general by the Commission on Appointments (CA). Guerrero was confirmed with 41 other Generals Flag and Senior officers of the AFP, at the Senate Session Hall in Pasay City. Lino Santo

NFA calms public, says there’s enough rice supply NATIONAL Food Authority Administrator Jason Aquino assured the public of enough NFA rice available through the agency’s accredited rice outlets nationwide. Aquino issued the statement in the wake of reported spike in prices of commercial rice in the market particularly in Metro Manila or the National Capital Region. “For November, a total of 394,308 bags of rice were already distributed in our 1,630 NFA-accredited outlets in NCR. We will continue to supply the needed requirement. If there’s a need to increase our weekly allocation, we will do so to provide the public their needed rice supply,” Aquino said. Aquino said that NFA rice remains at P27 per kilogram for 25 percent brokens and P32 per kilogram for 15 percent brokens.

“There’s no price increase of the government rice. Our people can still buy NFA rice at these affordable prices.” The NFA has a total of 16,335 accredited rice outlets nationwide strategically located in major and minor public markets. “The NFA is trying its best to judiciously allocate its limited rice stocks, focusing its distribution of low-priced NFA rice to areas where more of our low-income countrymen will have continued access to affordable but good quality rice,” Aquino said. For this year, the NFA was allowed to import only the balance of 250,000 metric tons from the approved importation of 500,000 MT in 2016. At the average daily consumption requirement of 31,463 MT or 629,260 bags, the rice imports are good for an additional eight days to the government’s food security buffer stock.

nermost lane of Edsa, closest to the Metro Railway Transit Line 3 (MRT-3) wall. The MMDA made the move after members of the Metro Manila Council, the agency’s governing board and policy-making body, rejected the proposal of lawmakers to implement an odd-even scheme along Edsa. “By introducing HOV lane, we are hopeful to decrease by 30 percent the number of private vehicles traversing along Edsa,” said Garcia. He clarified that HOV vehicles are still subject to existing number coding scheme. “We will not push through if the measure would be chaotic,” said Garcia. The MMDA is set to discuss the measure with officials of the Land Transportation Franchising and Regulatory Board who expressed the planned road-sharing or carpooling scheme.

Should the HOV measure be implemented, violators will be slapped with citation ticket with P500 fine for disregarding traffic sign. Aside from ground apprehension, Garcia said the MMDA will also utilize the closed circuit television cameras under the no contact apprehension policy. The scheme will cover the entire stretch of Edsa from Balintawak, Quezon City to Roxas Boulevard in Pasay City which has five lanes: two are designated for public utility vehicles or yellow lanes, while three are designated for private vehicles and motorcycle riders. Lawmakers earlier urged the MMDA and local chief executives to consider reimplementing the odd-even traffic scheme, which they claimed, would reduce the volume of cars on on Edsa by at least 60 percent. Quezon City (1st district)

THE Department of Labor and Employment said that all foreign nationals who are exempted from securing an Alien Employment Permit must get a Certificate of Exclusion from the DoLE Regional Office which has jurisdiction over their intended place of work. In a statement, the department said the new rule falls under Department Order No. 186, Series of 2017, or the revised rules for the issuance of employment permits to foreign nationals, issued and signed by Labor Secretary Silvestre Bello III will take effect on Dec. 9. All foreign nationals who intend to engage in gainful employment in the Philippines shall apply for AEP, which is one of the requirements for the issuance of a work visa, Bello said. However, foreign nationals who are excluded from securing an AEP are the members of the governing board with voting rights only and do not intervene in the management of the corporation or in the day to day operation of the enterprise; President and Treasurer, who are part-owners of the company; and those providing consultancy services who do not have employers in the Philippines. Vito Barcelo

DFA ‘wildfires’ advisory issued

LOTTO SHARES. Philippine Charity Sweepstakes Office general manager Alexander F. Balutan (third from right)) hands a check to Davao del Norte Gov. Antonio Rafael Del Rosario (third from left)) in the amount of P63,684.034.00 from the LGU’s lotto shares for the period January to June 2017, during the blessing and inauguration of the PCSO’s 62nd nationwide Branch in Tagum City on Dec. 4, 2017. With them are (from left to right) PCSO’s Davao del Sur branch manager Elvie Ann Tizon-Uy, assistant general manager for branch operations Remeliza Gabuyo, consultant Michael Ruiz and department manager for Mindanao Gloria Ybañez. Joseph Muego

MMDA introduces new traffic scheme to ease traffic By Joel E. Zurbano

IN BRIEF

Rep. Vincent Crisologo, during a House committee hearing on Monday, proposed to MMDA to enforce an added odd-even policy along the 24-km. highway, on top of the present Unified Vehicular Volume Reduction Program, or the number coding scheme. “For example, it’s Monday today, sa Edsa ‘even’ ang pwede, ‘odd’ ang bawal. So ang pupuwede sa Edsa ngayon [cars with plate numbers ending in] two, four, six, eight, and zero. Pero dahil Lunes ang [cars with plate number ending in number] two bawal. So ’yung (cars with plate numbers ending in) four, six, eight, and zero lang ang puwede,” he said. Under the present policy, two ending plates are banned to use main roads in Metro Manila daily. Other lawmakers are also proposing increasing the number of banned ending plates per day to three.

Lapeña reshuffles Customs, relieves CIIS personnel CUSTOMS Commissioner Isidro Lapeña reshufﬂed the bureau’s Customs Intelligence and Investigation Service (Wilkins Villanueva who reported back to the Philippine Drug Enforcement Agency. Lapeña also relieved from their posts all district commanders of CIIS, who he said failed to stop smuggling in their respective areas of jurisdiction. The Customs chief said he relieved all CIIS personnel because he has not received any intelligence report on what’s happening in the bureau since they were placed in their respective posts for more than three months. “Imagine, almost three months and yet I have not received any report. If not for

the other people, I would not have known about the illegal activities going on in their respective areas of jurisdiction,” Lapeña said. The CIIS post is vacant and newly-appointed Deputy Commissioner Ricardo Quinto of the Intelligence Croup was given a free hand to effect the changes. He said that some of the CIIS district commanders might be involved in the “tara” system or the collection of grease money to facilitate customs transactions, causing questionable shipments to slip past BoC ofﬁcials. The former CIIS chief used to head the PDEA unit in the National Capital Region before he was named by Lapeña to lead the CIIS. Vito Barcelo

THE Department of Foreign Affairs on Wednesday advised the more than 100,000 Filipinos in South California to evacuate their houses “if necessary” when wildfires reaches their places. The DFA also advised all Filipinos working and residing along the path of three fast-moving wildfires in Southern California to take the necessary precautions and listen to the local authorities when there is a need to evacuate. “We join our kababayans in the Philippines and in the United States in praying for the members of the Filipino Community and their neighbors in Ventura and Los Angeles counties that they will be spared from the raging infernos that are threatening their lives and their homes,” Foreign Affairs Secretary Alan Peter Cayetano said in a statement. Sara D. Fabunan

Bicam lowers estate tax THE Senate and House conferees to the panel finalizing President Rodrigo Duterte’s proposed new taxes have agreed “to cut the rates and the requirements” on the estate tax, which is levied on a deceased person’s assets. Senate President Pro Tempore Ralph Recto said “billions in properties left behind by hundreds of thousands of departed Filipinos” remain in limbo for the failure of their heirs to pay the estate tax, “either for lack of knowledge or lack of money or both.”

Sports

THURSDAY, DECEMBER 7, 2017 sports_mstandard@yahoo.com

Russia gets Winter Olympic ban L

AUSANNE—Russia was banned Tuesday from the 2018 Winter Games by the International Olympic Committee over its state-orchestrated doping programme, but clean Russian athletes will be allowed to compete under an Olympic ﬂag.

The sanction was the toughest ever levelled by the IOC for drug cheating and came just 65 days ahead of the Games in Pyeongchang, South Korea. In announcing the decision, IOC president Thomas Bach accused Russia of “perpetrating an unprecedented attack on the integrity of the Olympic Games and sport”. An explosive report by the World Anti-doping Agency (WADA) and two subsequent IOC investigations have confirmed that Russian athletes took part in

an elaborate drug cheating programme which peaked during the 2014 Winter Olympics in Sochi. Mounting evidence has indicated that the scheme involved senior government officials, including from the sports ministry, with help from secret state agents. The IOC also banned Russia’s Deputy Prime Minister Vitaly Mutko—who was sports minister during the Sochi Games—for life. Mutko is currently the head of the organising committee for the 2018 World Cup, which Russia

is hosting. Attention will quickly turn to see if football’s world governing body FIFA allows the scandal-tainted ally of President Vladimir Putin to retain his senior World Cup role. In a statement, FIFA said it had “taken note” of the IOC decision but it had “no impact on the preparations” for Russia 2018. Russia ‘apologized’ The IOC also suspended the Russian Olympic Committee (ROC) and its chief Alexander Zhukov. Zhukov said he “apologised” to the IOC on Tuesday for the “anti-doping violations” committed in his country in recent years. The Winter Olympics’ South Korean organisers said Wednesday they would prefer if Russians competed under their own flag, but ac-

cepted as “second-best” the IOC ruling. Lee Hee-Bum, chief of the Pyeongchang organising committee for February’s Winter Olympics, added the decision caught the Games organisers off guard. “We did not know that it (the punishment) would be this much,” Lee said, adding there was a “heated debate” among the IOC members before reaching the decision. The move raises the prospect of Moscow boycotting the Games, something that organisers will be desperate to avoid as they battle low ticket sales and concern over North Korea’s nuclear and missile tests. ‘Principled decision’ The IOC had the option of hitting Russia with a blanket ban, the so-called nuclear option that was applied to apartheid-era South Africa

from 1964 to 1988. The IOC’s decision to choose a more moderate path offers some Russian athletes a route to competing in the Games—although that will be by invitation only and dependent on a stringent testing programme. “The IOC, at its absolute discretion, will ultimately determine the athletes to be invited from the list,” the IOC said in a statement. No Russian athlete with a previous doping violation will be allowed to compete and no official who had a leadership role at Sochi 2014 will be invited to Pyeongchang. Those athletes who do go to the Games will participate under the name “Olympic Athlete from Russia” and the country’s flag will not fly at any 2018 ceremony, the IOC also said.

The US Olympic Committee praised the IOC’s “strong and principled decision. “There were no perfect options, but this decision will clearly make it less likely that this ever happens again,” it said. For Grigory Rodchenkov, the former Russian laboratory chief and whistleblower who lifted the lid on the cheating scheme, the IOC’s action was a needed step to clean up the Olympic movement. “It was the most elaborate and sophisticated doping system in the history of sports. If it did not carry the most significant sanction it would simply have emboldened Russia and other countries who don’t respect the rules”, Rodchenkov’s lawyer, Jim Walden, told reporters on a conference call. AFP

Pangasinan hosts Duathlon Challenge LINGAYEN—Over 200 multi-discipline sports enthusiasts along with their supporters from all over the Philippines will converge in Lingayen on Dec. 10 for the 1st Pangasinan Duathlon Challenge. Fully supported by the Provincial Government, headed by Governor Amado I. Espino, III, the duathlon challenge organized by Metro Dagupan Cycling Club Inc., is expected to attract hundreds of spectators around the Capitol grounds, and the Baywalk where the 5km run-45km cycling-5km run loop. The event starts at 6 a.m.. MDCCI President Gerry Lorica said the Duathlon Challenge, in partnership with the provincial government through Pangasinan Sports Development and Management Council, seeks to promote Pangasinan, specifically the Capital town as the best

multi-discipline sports destination in the region. Lorica earlier said that foreign triathletes and elite ones representing team Go for Gold, among others, have already confirmed their attendance in the Duathlon challenge. Meanwhile, PSDMC Executive Officer Modesto Operania said constituents are yet again expected to enjoy the action-packed multi-discipline sports— duathlon- just like how Pangasinenses supported the 3rd Tigasin Triathlon held May this year. Operania added that race preparations are underway to accommodate participants, supporters and spectators of the said event. Provincial officials led by Gov. Espino are expected to grace the event’s awarding ceremonies to be held at the Capitol Beach Front. Dexter A. See

CAGE CHAMP. Fujitsu Ten swept its best-of-three showdown with MHPS-TS to capture the title in the Ortigas Basketball League recently. Coached by Jun Usman, Fujitsu Ten came from behind to win Game 1, 66-64. In Game 2, watched by Fujitsu Ten President Takashi Yonemoto and Team Manager Gloria Joven, the team saved its best for last and led by as much as 18 points en route to the title-clinching 84-79 victory.

Curry out of Hornets clash with ankle sprain LOS ANGELES—Stephen Curry was ruled out of Golden State’s next game against the Charlotte Hornets but it is not clear when the NBA star will return, the team said Tuesday. Curry limped off court after Golden State’s dramatic win over the New Orleans Pelicans on Monday after twisting his right ankle. The Warriors ace later left the arena on crutches, although an X-ray taken soon after the game came back negative. The Warriors said in a statement on Tuesday an MRI scan confirmed a sprained right ankle and that Curry would miss Wednesday’s game in Charlotte. “The MRI indicated that the ankle is stable and structurally intact,” the team said, adding that Curry will be “reevaluated in two weeks.” Curry told reporters after the game he was furious at the play that caused his injury, when he tangled with New Orleans guard E’Twaun Moore. “It was a dumb play because I tried to go for a steal,” Curry said. “And then, obviously, it was just a bang-bang (play). I got caught on E’Twaun’s shoe as I went by him and couldn’t catch myself. “So obviously it hurt, but wanted to kind of get back here, get ice on it and get the rehab process started as soon as possible.”

NCRAA to get support from PSC By Peter Atencio

PSC Chairman William Ramirez gets a plaque of appreciation from NCRAA president Patrick Nolasco of host Philippine Merchant Marine School. They are joined by NCRAA General Manager Buddy Encarnado.

FINANCIAL support to the plans and program of the National Capital Region Athletic Association is coming. Philippine Sports Commission William Ramirez made this assurance following the start of the 25th season of the NCRAA last Tuesday with its basketball games. “We will support the community programs of the universities and colleges. That’s our commitment. Just like we’re helping the SCUAA, we will extend that support to the NCRAA,” said Ramirez after the opening ceremonies at the Cuneta Astrodome in Pasay City. Ramirez said the commu-

nity events and grassroots programs of the NCRAA and its role in the establishment of the Children’s Games from within its member school will be the focus of the support. The league got going with 16 schools participating this season. NCRAA president Patrick Nolasco of host Philippine Merchant Marine School said having a new set of officials running the organization is exciting for the league. “We’re excited. We have a new commission and a new general manager. We know this will open doors for us,” said Nolasco, who believes that they will have a competitive season ahead of them,

with a big list of universities and colleges joining them at present. Aside from PMMS, also joining this season are PATTS College of Aeronautics in Group B, along with de La Salle University-Dasmarinas, National College of Business and Arts, Emilio Aguinaldo College-Cavite, University of Makati, AMA University and Pamantasan ng Muntinlupa. In Group A are De Ocampo Memorial College, St. Francis of Assissi College, Olivarez College, Philippine School of Business Administration, Technological Institute of the Philippines, Asian Institute of Maritime Studies and New Era University.

Fernando, Tio stamp class in kiteboard tourney BORACAY’S Bong Fernando charged back to stun fancied Atte Kappel of Sweden and snare the men’s Masters class crown while homegrown star Christian Tio took the Freestyle title in the fifth ICTSI Philippine Kiteboarding Tour in Lakawon island off the coast of Cadiz Viejo, Negros Occidental recently. Fernando trailed Kappel, a Flysurfer team rider currently ranked among the top Twin Tip Racing riders in the world, in the first day but struck back in the next to draw level then dominated the final round to rule the centerpiece event in the Twin-Tip Slalom Cross Racing. Jay Ortiz, president of the organizing Philippine Kiteboarding Association and Cabrinha rider, placed third. Tio, priming up for next year’s men’s Elite League, flaunted his world-class skills to run away with the men’s plum. Rookie PKA entry Abdul Maotaouakil of Morocco broke his kite in the semifinals but went on to finish second to Tio while local bet Dong Manuel finished third in the three-day event which drew the participation of top local and international riders. Returning Dutch star Mariska Wildenberg bagged the women’s Freestyle crown, edging New Caledonia’s Laetitia Paolilo and regular campaigner Franszika Limmer of Germany in the event backed by Cabrinha, Greenyard Boracay, Cobra Energy Drink, Aboitiz Foundation and Coca Cola. Other TTR Slalom race winners were Duque delos Santos of Team ICTSI (men’s), edging Julius Non of Caliraya and Team DSD’s MJ Cahilig; and Wildenberg (women’s), nipping JingJing Gajisan and Kara Leongson. Meanwhile, Kappel atoned for his TTR Cross Racing loss with a victory in the Cabrinha Hangtime Challenge, dazzling the field and the crowd by floating more than five seconds. Leongson took the women’s Hangtime title with a three-second feat. Jack Alvarez, on the other hand, took the men’s Novice title, edging fellow NCR bets Luigi Abiva and Tony Baysa in the event which also featured the TTR Youth Group held as part of the country’s buildup for the Youth Olympic Games. Boracay’s Remel Rentillo topped event with Frean Yetyet and Mark Magliquian taking the next two spots.

Football superstars Neymar, Ronaldo, Messi shine on ABS-CBN Sports+Action THE world’s biggest football stars will take the spotlight this week in the continuation of the live telecast of elite European club football action on ABS-CBN S+A. Four-time Ballon d’Or winner Cristiano Ronaldo and defending UEFA Champions League champion Real Madrid will defend their turf against visiting Borussia Dortmund, who will welcome PierreEmerick Aubameyang back in the

fold, this Thursday also at 3:30 a.m. on S+A. La Liga’s all-time top scorer Lionel Messi of Argentina, on the other hand, will get a chance to add to his lead when his FC Barcelona squad faces Villareal CF led by Cedric Bakambu, at 3:30 a.m. on Monday (December 11). Earlier this week on S+A, Filipino football fans also saw Brazilian phenom Neymar Jr. and the rest of

France League 1’s Paris Saint-Germain (PSG) battle Bundesliga giant Bayern Munich in the group stage of the UEFA Champions League. Neymar’s team lost 1-3 to Bayern, who got goals from Robert Lewandowski and Corentin Tolisso. English Premier League (EPL), meanwhile, will also continue on Sunday (December 10) with the delayed telecast of the Tottenham Hotspurs - Stoke City match at 3:30

a.m. on S+A after the live telecast of the Newcastle-Leicester fixture at 1:15 a.m. Wrapping up Sunday’s football offerings is a nightcap for football aficionados in the country as La Liga’s Atletico Madrid and Real Betis go head-to-head LIVE at 11 p.m. ABS-CBN Integrated Sports announced its partnership with Hong Kong-based holdings company Triple CH last November for

Serena ‘very likely’ to make comeback at Australian Open MELBOURNE—Serena Williams will be ready to make her tennis comeback at the Australian Open with her return to Melbourne for the season’s opening Grand Slam “very likely”, organisers said Wednesday. Williams, 36, won this year’s Australian Open while pregnant and gave birth to a baby girl in September. She has not played a competition since, raising questions over whether the 23-time

Grand Slam winner would attempt to defend her title next month. But tournament director Craig Tiley is optimistic she will return for a crack at her seventh Melbourne Park crown after marrying Reddit co-founder Alexis Ohanian last month. “She’s got her visa, she’s entered, she’s practising and she’s probably just got to find a bit more space for a bigger entourage,” Melbourne’s Herald Sun

quoted him as saying. “There’s no question that she’ll be ready in our view and she wants to break a record that is Margaret Court’s. It would be a pretty significant accomplishment for her to be able to do that.” Australian Court has 24 major titles, making her the most successful player in Grand Slam history. Tiley described the Australian Open, which will be held from January 15-28, as a

“family-friendly event”. “We’ve had this before. Roger Federer travels with his four kids and we are a family-friendly event,” he said, referring to Williams and her baby. The winner of the 2018 tournament will walk away with Aus$4.0 million (US$3.0 million), up from Aus$3.7 million last year. The total tournament purse has risen 10 percent to Aus$55 million. AFP

the live telecast on free television of top-quality European club football action. Starting December 1, Filipino football fans have been able to watch world-class football in the EPL, often claimed to be the most popular football league in the world, Spain’s top-flight football league La Liga, and the battleground of all the best football clubs in Europe, the UEFA Champions League.

LOTTO RESULTS 6/55 00-00-00-00-00-00 6/45 00-00-00-00-00-00 4 DIGITS 0-0-0-0 3 DIGITS 0-0-0 2 EZ2 0-0

P0 M+ P0 M

Riera U. Mallari, Editor Reuel Vidal, Assistant Editor sports@thestandard.com.ph sports_mstandard@yahoo.com

THURSDAY, DECEMBER 7, 2017

Sports

Fierce battle seen in Ladies Masters

COURTESY CALL. President Rodrigo Roa Duterte shares a light moment with International Boxing Federation junior bantamweight champion Jerwin Ancajas and World Boxing Organization international minimum weight champion Mark Anthony Barriga who paid a courtesy call on the President at the Malacañan Palace on Tuesday.

Rain or Shine on the rise By Jeric Lopez

HE right mixture of youthful exuberance and veteran grit might be the one Rain or Shine is looking for heading to the coming 43rd season of the Philippine Basketball Association. Not finding much success the past season, the Elasto Painters have tweaked their line-up starting the previous conference and now, it seems like they are headed in the right direction. In two pre-season games thus far, Rain or Shine had shown growth and development as it listed wins with its chemistry slowly but

surely working itself out. The Elasto Painters tripped Phoenix and NLEX in their first two tune-up games in grinding fashion to start their preparation for the coming Philippine Cup with a bang. Young gunners such as Don Trollano, Dexter Maiquez and Ed Daquioag are showing improve-

ment, while veterans Chris Tiu and Beau Belga provide the stability and leadership the team needs. In addition to its commitment of bouncing back, Rain or Shine has locked up rookie Rey Nambatac to a long-term deal. The Elasto Painters just signed the No. 7 pick of the recent Draft to a three-year rookie deal to ensure his services. The versatile swingman out of Letran was reported to have received a near-max contract. He is expected to provide some much needed scoring and athleticism in the wing positions for the Painters.

ning. But once we picked it up, we played a lot better,” he added. Trollano les Rain or Shine with 20 points, while Maverick Ahanmisi added 16. What made the win all the more impressive was that the Painters played without stars Raymond Almazan, Jericho Cruz, and James Yap. Rabeh Al-Husseini led NLEX with 16 points and 10 rebounds while Kiefer Ravena added 14 points and five assists. Meanwhile, Phoenix stunned Alaska, 89-85, with Matthew Wright scoring 17 points to lead the Fuel Masters.

Westbrook lifts Thunder past Jazz

Tigers top Luzon leg DAGUPAN—The Naga City Foundation Tigers held their ground and halted Lyceum Northwestern University Dukes’ comeback, 79-75, to become the kings of the Philippine Collegiate Champions League Luzon Leg at the LNU Gymnasium. The Tigers’ defense was at its peak in the first quarter to limit the Dukes to just 38% from the field. Fredson Hermonio and Jaymar Allarey initiated the offensive attack by combining for 10 points as their team leads by six, heading into the second period. Turning the tide, the Dukes stayed at pace with the Tigers as they shot better from the three-point arc in the second quarter. NCF still led by three points at the end of the first half. The third quarter was a battle between Maliano Catabang of LNU and NCF’s Hermonio Fredson as they traded baskets with Catabang and Fredson scoring 16 and 14 points, respectively. NCF was still up by three points entering the final period. Catabang continued his scoring ways but Fredson provided the finishing touches for NCF as they run away with the victory. Emmanuel Ojoula of NCF had a double-double with 23 points and 10 rebounds while Hermonio Fredson had 21 points and five assists.

On Tuesday, the Elasto Painters whipped NLEX, 96-89, in a PBA preseason game on at the Upper Deck Gym in Pasig. The Painters trailed, 40-51 at the half, but suddenly erupted in the third, where they outscored the Road Warriors, 38-19, to grab a 78-70 lead going into the final quarter. It didn’t stop from there. In the fourth quarter, Rain or Shine even led by as much as 16 points, 87-71, with 10 minutes on a Dom Trollano jumper. “We started slow,” said Rain or Shine Coach Caloy Garcia. “We had no energy in the begin-

CA N LU BA NG —Wit h forecast of near-ideal wind condition in the next three days, expect a furious battle among the women of three of the region’s leading circuits right in today’s (Thursday) start of the rich ICTSI Philippine Ladies Masters at The Country Club here. “Winds not so strong, just around 13km/hour and I think it will be the same the whole week,” said Colo Ventosa, general manager of the organizing Pilipinas Golf Tournaments, Inc., on the eve of the $80,000 tournament featuring 99 top players from the China LPGA, Taiwan LPGA and the Ladies Philippine Golf Tour. That should give the big hitters some kind of an edge with the par-72, 6882-yard layout playing soft and long although it could also boil down to putting in the final day with the course’s last line of defense tipped to challenge even the steadiest players in the fold. Rookie pro Pauline del Rosario and multi-titled amateur Yuka Saso, who have spent the last few weeks training in this well-maintained but demanding course, both said a 6- to 10-under total could win it without the dreaded winds. “Otherwise, a 3- to 5-under could do it,” said Del Rosario, the hottest among the locals with four victories in the last six legs of the LPGT. The 18-year-old former amateur hotshot also became the first Filipina to win a leg on the Taiwan LPGA when she rallied from seven down in the final day to edge TLPGA top player Yu Ju Chen by one last September. The long-hitting Saso, on the other hand, is a manytime national champion who also won the individual crown and led the Philippines to the World Junior Girls team championship in Canada in 2016. But they admit it will be an uphill battle and a test of will and character, citing the depth of the field, all in pursuit of the top $12,000 purse in the 54-hole championship sponsored by ICTSI and co-organized by the CLPGA, TLPGA and the LPGT.

Russell Westbrook #0 of the Oklahoma City Thunder handles the ball against the Utah Jazz at Chesapeake Energy Arena in Oklahoma City, Oklahoma. AFP

LOS ANGELES—Russell Westbrook bagged a second consecutive triple double as the Oklahoma City Thunder staged a late rally to sink the Utah Jazz on Tuesday. Westbrook, who had guided the Thunder to a victor y over San Antonio on Sunday with his seventh triple of the season, bagged his eighth of the campaign in a 100-94 win at the Chesapeake Energy Arena. The reigning NBA MVP finished with 34 points, 13 rebounds and 14 assists as OKC improved to 11-12 in the Western Conference standings. Paul George had 21 points and New Zealand center Steven Adams 20 while Carmelo Anthony

added 14 for the home side. Donovan Mitchell led the scoring for Utah with 31 points while Joe Ingles had 16 points. Westbrook’s virtuoso performance helped dig the Thunder out of a hole after Utah raced into a 28-19 lead at the end of the first quarter. Utah led 47-39 at half-time and jumped out to an 80-68 lead heading into the final quarter. But with Utah seemingly poised for victory, the Thunder exploded in the fourth quarter, outscoring the Jazz 32-14 to win. “Russell Westbrook, the MVP of the league, got going,” Jazz coach Quin Snyder said. “I thought in the third quarter he gave them a lot

of energy and gave them points. “I thought we ran out of steam a little bit just emotionally. “We’ve got to be able to play through that, but I thought all in all, obviously you want to win, but there’s a lot of good things that we did.” Booker injured Elsewhere on Tuesday, Devin Booker’s scintillating run of recent form came to an unhappy end as the Phoenix Suns prodigy was carried off the court in his team’s defeat to the Toronto Raptors. Booker, who had scored 46 points on Monday and 38 points on Saturday, was helped away at the end of the fourth quarter after bagging 19 points.

Toronto claimed a 126113 win to improve to 15-7 as Phoenix fell to 9-17. Kyle Lowry was the key figure for the Raptors, finishing with 20 points, 10 assists and six rebounds. The Raptors were in control throughout, leading by 18 points heading into the fourth quarter. Phoenix rallied to cut the lead to 10 with 8min 44sec to play, but Lowry pushed Toronto back in front by 14 with a three-pointer with just over five minutes left. DeMar DeRozan was also influential for Toronto, bagging 20 points, eight assists and seven rebounds. Serge Ibaka had 19 points, while OG Anunoby (16), C.J. Miles had (15), Jakob Poeltl (13), Fred VanVleet (13) also made double figures.

Foton, Cignal try to book last semifinals seats FOTON and Cignal try to book the last remaining semifinal slots when they tackle separate foes in the quarterfinals of the Chooks to GoPhilippine Superliga Grand Prix today at the Filoil Flying V Centre in San Juan. It’s going to be another intense battle as two-time champion Tornadoes clash with dangerous Sta. Lucia Realty at 4:15 p.m. followed by the collision between the HD Spikers and Cocolife at 7 pm in this prestigious club league backed by Mikasa,

Games Today:

(Filoil Flying V Centre) 4:15 p.m. – Foton vs Sta. Lucia 7 p.m. – Cignal vs Cocolife

Grand Sport, Senoh, Mueller, Island Rose, Cloudfone and UCPB Gen. After dominating the single round eliminations with an identical 7-1 win-loss card, heavyweights F2 Logistics and Petron punched the first two slots in the semifinals of this tourney that also has Gerflor and Gold’s Gym as technical sponsors and ESPN5 as

broadcast partner this Saturday at the Mall of Asia Arena. The Cargo Movers made short work of newcomer Iriga City, 25-19, 25-12, 25-17, while the Blaze Spikers went through the wringer before booking a scary 19-25, 2522, 22-25, 25-17, 15-11 victory over Generika-Ayala late Tuesday. F2 Logistics will face the winner between Cignal and Cocolife while the Petron will battle the survivor between Foton and Sta. Lucia in a sudden-death semifinal affair

for a chance to advance to the best-of-three finals starting Tuesday next week. While reigning champion Foton is tipped to run over Sta. Lucia due to its height, firepower and vast experience, fourth-seed Cignal is expected to have a difficult time before prevailing over the veteran Cocolife side. The HD Spikers will continue to miss the services of two of their best spikers— Jovelyn Gonzaga and Rachel Anne Daquis—after falling prey to various injuries.

Iriga’s Joyce Sta. Rita and Saam Miyagawa try to keep the ball alive during their team’s game against F2 Logistics, which won, 25-19, 25-12, 25-17, on Tuesday. Roman Prospero

Phinma acquires nursing college

Business

Ray S. Eñano, Editor Roderick T. dela Cruz, Assistant Editor business@manilastandard.net extrastory2000@gmail.com THURSDAY, DECEMBER 7, 2017

BSP dispels ‘overheating’ concerns IN BRIEF Govt spending surges 28%

GOVERNMENT spending jumped 28.2 percent in October to P226.9 billion from a year ago, the fastest this year, data from the Budget Department show. “This brings cumulative disbursements from January to October to P2.241 trillion, a 10-percent increase year-on-year,” the agency said. It said in terms of expense class, current operating expenditures rose 35.2 percent to P164.1 billion in October, driven by the growth in maintenance and other operating expenditures which grew 111 percent to P40.4 billion. The growth was led by the release of cash assistance under the Pantawid Pamilyang Pilipino Program, social pension and other assistance programs for the victims of natural disasters and calamities. Capital outlays increased 10.4 percent in October to P60.6 billion, with infrastructure and other capital outlays comprising the bulk of capital spending at P51.5 billion. “The signiﬁcant growth in government disbursements for the month of October is encouraging news in view of our expansionary ﬁscal policy,” said Budget Secretary Benjamin Diokno. “The DBM, in coordination with the implementing agencies, will continue to monitor and improve spending performance,” he said.

By Julito G. Rada

angko Sentral ng Pilipinas Governor Nestor Espenilla Jr. on Wednesday downplayed the concerns of several quarters that the economy may overheat, saying monetary authorities spend a lot of time studying the economy and are prepared to respond when risks arise. Espenilla said in a statement ‘overheating’ happens when the present demands on the economy signiﬁcantly exceeds its present capacity to provide. Overheating is often associated with above-trend economic growth and rapid

inﬂation rate. “Easy to say but always hard to discern since our economy is complex, with many moving parts. And the economic machine itself is constantly being improved through good investments. And it is subjected to outside

shocks as well,” he said. “So one cannot jump to a conclusion just by looking at one or two bits of information. We have to strategically examine a whole lot of information to tell us how the overall economy is doing and, no less important, how should we respond if at all,” Espenilla said said. He said the Bangko Sentral was not only spending a lot of time understanding the economy but also was developing a dynamic game plan and executing effectively. “So the economy doesn’t overheat. And we do this systematically and regu-

larly. Every six weeks. We formally review the monetary policy stance via a twostage evaluation process,” he said. Espenilla said aside from monetary policy toolkit, the Bangko Sentral also had a considerable supervisory powers over the banking and financial system to prevent imprudent and reckless behaviors in individual entities and sectors that lead to unsustainable risk buildups. “Then there are strategic long-term financial sector reforms, domestic capital markets, FX markets, payment systems, financial

LRMC names new president

LIGHT Rail Manila Corp., the operator of Light Rail Transit Line 1, said it appointed Juan Alfonso, a former executive of Aboitiz Group as its new president effective Dec. 1, replacing Rogelio Singson who will step up as a board director. Alfonso has more than 25 years of working experience in different industries in the Philippines and the United States. Prior to joining LRMC, he served as the chief operating officer of Aseagas Corp., a subsidiary of Aboitiz Power Corp. Alfonso also served as the senior vice president of the corporate services of AP Renewables Inc. of Aboitiz Power where he was responsible for accounting, finance, legal, HR and atrategy. He holds a Bachelor’s Degree in Management from the Ateneo de Manila University and a Masters in Business Administration (cum laude) from F.W. Olin Graduate School of Business at Babson College in Wellesley, Massachusetts. LRMC said it expressed profound gratitude for the dedication and hard work of Singson under whose leadership LRMC passed the certifications to ISO 9001:2015 and 14001:2015. Darwin G. Amojelar

Maynilad CEO named MAP head

MAYNILAD Water Services Inc. president and chief executive Ramoncito Saldua Fernandez was named the new president of the Management Association of the Philippines for 2018. Fernandez became the 69th president of the business group since its inception in 1950. Fernandez holds directorships in Metro Pacific Investments Corp., Metropac Water Investments Corp. and some subsidiaries of PLDT Inc. including Pacific Global One Aviation Company, Tahanan Mutual Building and Loan Association and First Pacific Leadership Academy. He served as the president and chief executive of Metro Pacific Tollways Corp., Tollways Management Corp. and MPCALA Holdings. He has been with the First Pacific Group since 1994, first under the packaging business and later under the telecoms group. He has led the tollways group in its expansion projects and championed strategies and programs on customer service satisfaction, innovation and a performance-driven culture that promoted profitability and growth of the organization. Under his term, the total length of toll roads owned by MPTC increased from 90 km to 350 km with profitability increasing nearly threefold. Othel V. Campos

ward. From external front, he cited the impact of the US monetary policy tightening, wherein another rate hike could be possible before the end of the year. He said another rate hike could affect ﬁnancial conditions globally, including the Philippines. Yang also mentioned the sharp economic slowdown in China, the global ﬁnancial market volatility and policy uncertainty in the US and the so-called Brexit, or the withdrawal of the United Kingdom from the European Unions.

Chinese oil company eyes PH refining plant

Customs to examine China trade

FINANCE Secretary Carlos Dominguez III ordered Customs Commissioner Isidro Lapeña to meet with his counterpart in the Chinese government to check the narrowing but still significant gap in China’s exports and imports. Dominguez said official trade data showed the estimated discrepancy between registered Chinese exports to the Philippines and registered Philippine imports from China were declining but still very large, with the gap reported at 60 percent in 2010; 57 percent in 2015, 48.7 percent in 2016; and 48 percent in the January-July period of this year. “I’ve asked Sid Lapeña to invite his Chinese counterpart to sit down and review the data,” Dominguez told reporters. Data showed that in 2010, registered Chinese exports to the Philippines reached $11.56 billion, but Philippine imports from China as reported by the Philippine Statistics Authoritywas only at $4.628 billion, resulting in a trade discrepancy of 60 percent or $6.936 billion. In the first seven months of 2017, Chinese exports to the Philippines hit $17.77 billion, while the PSA reported that imports from China reached only $9.24 billion, or a discrepancy of 48 percent or $8.53 billion. Julito G. Rada

inclusion and literacy. All aimed at making our overall ﬁnancial system function efﬁciently, resiliently and responsibly,” he said. He said the Bangko Sentral was very focused and determined to pursue these important reforms. Espenilla, however, said the BSP welcomed careful independent analysis from some quarters. International Monetary Fund resident representative to the Philippines Yongzheng Yang earlier said that despite the bright growth prospects, risks both from external and domestic fronts could hinder economic growth going for-

EXPORT CONFERENCE. Officials of the Philippine Chamber of Commerce and Industry, the Philippine Exporters Confederation Inc, Export Development Council and the Trade Department’s Export Marketing Bureau lead the opening of the 2017 National Export Congress at the Philippine International Convention Center. Leading the opening rites are (from left) PCCI assistant treasurer Bernardo Benedicto III, president of Benedicto Cebu Link/ Benedicto Steel Corp.; PCCI director and Philippine Food Processors and Exporters Organization Inc. president Roberto Amores; PCCI president George Barcelon; Trade Undersecretary Nora Terrado; PCCI honorary chairman and treasurer and Philexport president Sergio Ortiz- Luis, Jr.; Trade assistant secretary Rosvi Gaetos; assistant secretary Abdulgani Macatoman; EDC deputy executive director Emma Mijares; and EMB assistant director Agnes Legaspi.

Gaming locators boost demand for office space By Othel V. Campos OFFICE take-up in Metro Manila’s major central business districts remains robust on the back of a 25-percent increase in demand by the gaming sector, real estate advisor Santos KnightFrank said Wednesday. Gaming locators found the Philippines as an attractive site for gaming operations given the minimum requirement of a “Philippine offshore gaming operator” license and “no objection from local government” permit. “Can’t say what the growth will be for gaming in 2018, but there’s a lot, I assume. In fact, there is an entire building supposedly for a BPO firm that was occupied entirely by a gaming company,” said Santos KnightFrank executive director for occupier space and commercial agency Francis Bautista. The building, which has a floor area of 15,000 to 20,000 square meters, is located in the Makati CBD, he said. Bautista said having an entire building for gaming could be an emerging trend in the office lease or rental space. “At least we’re not overly dependent on BPOs [business process outsourcing] although BPOs are doing support for gaming,” he said. The BPO sector continues to account for the bulk of the demand, representing about 70 percent in office take-up.

Aboitiz Power to open 500-MW plants in 2018 By Alena Mae S. Flores ABOITIZ Power Corp. said Wednesday it will add 500 megawatts of attributable capacity with the completion of hydro and coal-fired plants next year. Aboitiz Power president and chief operating officer Antonio Moraza said the projects were on track and should be mostly online in the first half of 2018. “The entry of these plants will significantly support the country’s energy reserves and will show that the Philippines is open for business and investments,” Moraza said. Aboitiz Power and partner SN Power recently completed the construction of the 8.5-MW Maris Canal hydro project in Isabela, while wholly-owned subsidiary Hedcor is wrapping up the construction of a 68.8-MW hydro plant in Manolo Fortich, Bukidnon. The company is also completing the 340-MW Therma Visayas baseload power plant in Toledo City, Cebu and the 400-MW Pagbilao 3 baseload power plant in Quezon. “We have one of the most diversified portfolios in the country and we continue to be on the lookout for opportunities to push our balanced mix strategy,” Moraza said. He said Aboitiz Power was also expected to make a final decision within the year on its Aseagas biomass power plant facility in Batangas that was under extended shutdown.

HANDI Group, one of the largest and advanced private specialty oil producers in China, expressed interest to invest in petroleum refining and a petrochemical manufacturing facility in the Philippines. Trade Secretary Ramon Lopez, in a recent meeting with Handi Group president Hanling Wu, discussed the possibility of such investments from China. “We welcome business intentions to strengthen our petrochemical industry, which the government actively supports. They expressed strong confidence on the business environment stability during the Duterte administration,” Lopez said. The Philippines continues to receive business intentions and expansion projects from large companies based in China. Handi Group is a conglomerate based in Hainan Province and engages in multiple industries, including oil refinery, chemical industry, trading, investment and financing. The group, through subsidiaries Hainan Handi Sunshine Petrochemical Co. Ltd., Hainan Handi Petrochemical Co. Ltd., Handi Lubricant Technology (China) Co. Ltd., Handi Sunshine Trading Co. Ltd. and Handi Investment, has established a full scale and long-term strategic cooperation with large international energy companies such as ExxonMobil, Total, Chevron and BASF. The group eyes Mindanao as a potential site for the petrochemical facility. The location is estimated to be suitable for the company’s power, land and accessibility requirements. Othel V. Campos

Three tips on choosing the best ham FILIPINOS love Christmas. For the holiday, a feast with Holiday Whole-Meat Ham is a must. “Filipinos deserve nothing but the best especially this Christmas season. We made sure we offer them the best ham,” says Kim Favis, category brand manager of Foodsphere. “Holiday Ham by CDO Premium is made from real whole boneless meat from the hind leg which is the best cut of pork for hams. Some hams in the market, even popular brands, are not made from wholemeat; these are just molded together from different cuts of meat,” Favis says. Since Holiday Ham is

made from whole meat, one can be ensured that it is smoked in ham nets, the traditional and authentic way of making hams. This sets whole-meat hams apart from molded hams as molded ones cannot be smoked in ham nets; these tend to fall off when smoked in ham nets. “Holiday Whole-Meat Ham has no extenders. It is naturally juicy and ﬂavorful,” Favis adds. “Holiday Whole-Meat Ham continues to be known for its three attributes – it is made from whole boneless meat from the hind leg, it is smoked in ham nets, and it has no extenders.” No wonder Solenn

Heussaff the actress, model, and television host continues to endorse Holiday Ham. “Holiday Whole-Meat Ham is the real ham,” the renowned Filipino-French celebrity says. Solenn is the brand ambassador for Holiday Ham for the second year. “Why settle for anything less? We Filipinos love Christmas, and our family deserves the best this holiday season.” “This Christmas, only choose to have a real holiday and real ham with Holiday Ham.”

Business

THURSDAY, DECEMBER 7, 2017 extrastory2000@gmail.com

Cebu Landmasters taps Ascott to manage hotel By Jenniffer B. Austria CEBU Landmasters Inc. again tapped The Ascott Limited (Ascott) to manage its third hotel project in Cebu City. CLI said in a statement it signed a serviced residence management agreement with The Ascott for the a 153room serviced residence project called “lyf Cebu City.” The company’s third hotel project will bring CLI’s hotel portfolio to around 600 rooms in four years. “The growth potential offered by tourism is very promising and we are happy to be teaming up for the third time with The Ascott Limited in this project set to introduce new industry benchmarks,” said CLI chairman and chief executive Jose Soberano III. “Cebu Landmasters is committed to bring the latest to our Vis-Min markets, especially the influential and flourishing millennial generation, and to the other markets where hospitality continues to be in demand,” he added. The “lyf” is Ascott’s latest brand designed for the growing wave of millennial and millennial-minded travelers. Going beyond traditional hospitality concepts, “lyf” signifies a new way of living, collaborating as a community and connecting guests with fellow travelers and changemakers.

Stock market declines; Meralco, PLDT advance S TOCKS fell Wednesday, weighed down by a selloff in Asia and retreats across Europe and New York overnight.

The Philippine Stock Exchange Index slipped 15.38 points, or 0.2 percent, to 8,129.62 on a value turnover of P6.6 billion. Losers edged gainers, 95 to 90, with 59 issues unchanged. SM Prime Holdings Inc. of retail tycoon Henry Sy dropped 2.5 percent to P35.60, while Globe Telecom Inc., the second-big-

gest telecommunications company, declined 2.2 percent to P1,760. Manila Electric Co., the largest retailer of electricity, rose 2 percent to P308, while PLDT Inc., the biggest telecom ﬁrm, climbed 2.8 percent to P1,491. Technology and energy ﬁrms, meanwhile, were the biggest losers in Asia as

Hong Kong and Tokyo led an Asian market plunge on Wednesday. A global equity rally has hit the buffers this week as the US probe into Russia’s alleged election meddling sows uncertainty, Britain struggles to reach a Brexit deal with the European Union and traders remain cautious about Washington’s ability to push through tax cuts. A key drag for Asia on Wednesday was copper prices which sank more than four percent in Lon-

don, having already lost about 10 percent over the previous week. Analysts blamed a pick-up in the dollar on hopes for US tax cuts. The losses hit wider markets. Tokyo ended two percent down. “The adjustment mode is deepening lately in the Japanese stock market,” said Shunichi Otsuka, general manager in the research department at Ichiyoshi Securities in Tokyo. “It’s difﬁcult to buy unless US equities show ﬁrmness, even as some high-tech shares are

MANILA STANDARD BUSINESS DAILY STOCKS REVIEW WEDNESDAY, DECEMBER 6, 2017

VALUE

NET FOREIGN BUYING/(SELLING), PHP

FINANCIALS 3.27 220,000 59.6 10,330 101.5 1,001,740 3.7 20,000 145.5 1,763,880 2.07 455,000 33.25 98,500 15.4 8,700 33.45 562,600 0.57 114,000 94.9 1,961,330 0.82 355,000 11.82 900 25 100 55.3 89,990 235 4,540 98 220 87.35 16,270 56.8 64,630 241 1,013,060 1,875 5 87 29,130 1.25 100,000

698,670 614,145 102,385,557 74,140 257,583,482 940,480 3,279,570 133,960 19,039,445 64,390 183,307,674 293,830 10,638 2,500 4,992,918 1,069,328 21,465 1,421,184.50 3,679,219.50 243,204,614 9,375 2,534,320 125,000

538,125 -14,409,909 -27,847,745 13,865 3,720 570 2,002,935 -4,936,339 1,414,311.50 -10,464,142 -342,790 -

38.3 12.18 0.68 1.37 17.04 0.213 105 4.92 16 152 41.5 19.98 64 60.5 1.93 5.51 11.3 11.56 14.84 10.6 7.27 5.63 17.14 61.7 24 11.38 17.18 2.25 243 60 4.14 3.19 21 28.5 17.84 16.86 308 0.193 8.2 2.45 5.93 9.3 7.74 8.85 1.56 12 60 6.64 537 4.85 4.41 2.12 13 5.5 0.133 1.2 135.5 1.91 25 0.63

82,311,005 14,657,864 616,220 2,065,070 25,308 108,700 3,150 106,467,080 15,418,636 6,080 24,275,350 322,574 1,280 25,505 259,650 8,816 14,368 96,169,108 4,927,534 1,330,764 2,237,572 35,391,438 9,041,378(5, 1,813,958.50 5,805,920 63,710 71,638,360 16,612,450 106,245,642 127,492.50 62,150 19,140 91,800 39,435,205 6,504,658 51,702,678 252,605,696 240,990 182,930 1,254,400 516,969 36,387,986 226,357 666,520 1,170,650 2,706,970 83,185,391.50 222,074 17,251,515 522,070 132,030 1,182,970 3,414,714 862,312 54,640 275,750 91,165,906 3,335,660 2,500 146,880

-45,639,440 1,373,420 34,273,880 6,687,308 61,380,742 1,873,266 -855,970 444,091 -6,653,311 234,528.0003) -330,312.50 529,050 -21,660 -15,287,194 -1,435,670 -25,186,000 -15,950 -5,376,775 4,583,098 -29,825,500 142,566,980 172,900 -12,250 48,040 -32,064,951 -3,725 -57,040 31,400 640,943.50 2,504,135 75,900 199,010 1,549,300 16,700 17,695,546 -

365,100 54,446,161.5(35 91,745,962 4,600 122,977 339,450 173,800 254,550,940 25,735,062 145,864,386 119,312 671,520 1,950 228,775,925 101,625,260.50 7,616 60,310 3,277,423 53,150,292 124,784,117 503,270 510,800 110,020 285,850 5,200 15,765,490 44,420 251,985,995 30,203,500 2,953,762 69,420 36,200 19,800

,145,550.0004) -68,191,372 47,587,555 -5,811,733 -45,466,028 -1,950 1,938,935 -19,314,539 979,792 -15,037,224 -24,161,960 4,500 -1,100 -1,240,475 -69,732,390 519,250 34,144 -

2,012,275 2,126,200 99,576 671,480 339,939,880 1,078,420 2,168,340 487,612 969,100 15,610 1,036,440 1,019,960 67,600 2,993,395 135,400 28,801,390 5,740,430 505,050 190,869,378

-569,015 66,330,380 -214,190 270,851 -116,250 -317,405 -44,220 15,288,790 -1,871,230 -47,905,381

NAME

OPEN

HIGH

LOW

AG FINANCE ASIA UNITED BANK PH ISLANDS BDO LEASING BDO UNIBANK BRIGHT KINDLE CHINABANK COL FINANCIAL EAST WEST BANK MEDCO HLDG METROBANK NTL REINSURANCE PB BANK PBCOM PHIL NATL BANK PHIL STOCK EXCH PHILTRUST PSBANK RCBC SECURITY BANK SUN LIFE UNION BANK VANTAGE

3.3 59.5 102.5 3.76 145.3 2.08 33.2 15.4 33.85 0.57 92.4 0.84 11.82 25 56 236 96.5 87.35 57.35 237 1,875 87 1.25

3.3 59.6 102.9 3.76 147 2.14 33.4 15.5 34.25 0.57 94.9 0.85 11.82 25 56 236 98 87.35 57.65 243 1,875 87.05 1.25

3.11 59.1 101 3.7 145.1 2.02 33.2 15.2 33.45 0.55 92.1 0.82 11.82 25 55.3 235 96.5 87.35 56.55 235 1,875 87 1.25

INDUSTRIAL ABOITIZ POWER AGRINURTURE ALLIANCE SELECT ALSONS CONS ASIABEST GROUP BASIC ENERGY BOGO MEDELLIN CEMEX HLDG CENTURY FOOD CHEMPHIL CIRTEK HLDG CNTRL AZUCARERA CONCEPCION CONCRETE A CROWN ASIA DAVINCI CAPITAL DEL MONTE DNL INDUS EAGLE CEMENT EEI CORP EMPERADOR ENERGY DEVT FIRST GEN FIRST PHIL HLDG GINEBRA HOLCIM INTEGRATED MICR IONICS JOLLIBEE LIBERTY FLOUR LMG CHEMICALS MABUHAY VINYL MACAY HLDG MANILA WATER MAXS GROUP MEGAWIDE MERALCO MG HLDG PANASONIC PEPSI COLA PETROENERGY PETRON PHIL H2O PHINMA PHINMA ENERGY PHX PETROLEUM PILIPINAS SHELL PRYCE CORP PUREFOODS RFM CORP ROXAS HLDG SFA SEMICON SHAKEYS PIZZA SPC POWER SWIFT FOODS TKC METALS UNIV ROBINA VITARICH VIVANT VULCAN INDL

39 12.18 0.68 1.38 17.16 0.213 105 4.81 15.62 152 41.85 19.9 64 64 1.93 5.51 11.38 11.24 14.94 10.48 7.25 5.64 17.1 61.7 23.3 11.4 17.18 2.23 243.2 58.5 4.15 3.19 19.9 28.3 17.84 17.02 304 0.188 8.1 2.45 5.92 9.55 7.98 9 1.56 12 58.7 6.8 519 4.87 4.4 2.12 13 5.51 0.134 1.2 134 1.88 25 0.62

39 12.34 0.69 1.38 17.16 0.22 105 5.03 16 152 41.95 19.98 64 64 1.93 5.51 11.38 11.56 14.98 10.7 7.3 5.65 17.18 61.9 24.4 11.4 17.86 2.33 247.6 60 4.15 3.19 22.8 28.6 18 17.02 309 0.193 8.2 2.45 6.06 9.56 7.98 9 1.57 12 61 6.8 537 4.87 4.41 2.18 13.1 5.7 0.134 1.2 137.1 1.92 25 0.63

38.25 12.1 0.68 1.31 16.76 0.213 105 4.68 15.6 152 41.5 19.4 64 60.5 1.9 5.51 11 11.2 14.82 10.48 7.19 5.63 17.02 61.6 23.1 11.32 17.16 2.23 242 58.5 4.07 3.19 19.9 28.2 17.8 16.86 302 0.188 8.1 2.45 5.9 9.3 7.42 8.4 1.55 11.5 58.7 6.64 505.5 4.7 4.4 2.06 12.94 5.45 0.133 1.19 133 1.86 25 0.61

ABACORE CAPITAL ABOITIZ EQUITY ALLIANCE GLOBAL ANGLO PHIL HLDG ANSCOR ATN HLDG A ATN HLDG B AYALA CORP COSCO CAPITAL DMCI HLDG FILINVEST DEV FJ PRINCE A FORUM PACIFIC GT CAPITAL JG SUMMIT JOLLIVILLE HLDG LODESTAR LOPEZ HLDG LT GROUP METRO PAC INV MJC INVESTMENTS PACIFICA PRIME MEDIA PRIME ORION REPUBLIC GLASS SAN MIGUEL CORP SEAFRONT RES SM INVESTMENTS SOLID GROUP TOP FRONTIER UNIOIL HLDG WELLEX INDUS ZEUS HLDG

0.31 68.8 15.74 0.92 7 0.375 0.38 997 7.42 14.28 7.88 4.99 0.195 1,145 67.4 4.76 0.62 5.7 18.8 6.6 3.61 0.046 1.17 2.1 2.6 109.8 2.62 968 1.77 285.8 0.24 0.181 0.198

0.315 68.8 15.74 0.92 7.05 0.385 0.38 1,018 7.59 14.4 7.95 5.3 0.195 1,149 68.45 4.76 0.62 5.75 18.8 6.6 3.8 0.046 1.17 2.1 2.6 109.9 2.62 972 1.97 286 0.25 0.181 0.198

0.305 68 15.52 0.92 6.94 0.365 0.375 991 7.41 14.04 7.88 4.99 0.195 1,134 66.6 4.76 0.6 5.66 18.5 6.43 3.61 0.045 1.1 2.05 2.6 108 2.61 954.5 1.76 281 0.24 0.181 0.198

8990 HLDG A BROWN ANCHOR LAND ARTHALAND CORP AYALA LAND BELLE CORP CEB LANDMASTERS CEBU HLDG CENTURY PROP CITY AND LAND CITYLAND DEVT CROWN EQUITIES CYBER BAY DOUBLEDRAGON EMPIRE EAST FILINVEST LAND GLOBAL ESTATE IRC PROP MEGAWORLD

5.69 0.98 10.98 0.85 42.65 3.7 4.76 5.43 0.47 1.11 1.21 0.208 0.45 38 0.65 1.8 1.38 0.74 5.1

5.69 1 11 0.88 43.15 3.71 4.8 5.44 0.47 1.12 1.21 0.21 0.46 38.5 0.67 1.82 1.38 0.74 5.24

5.59 0.97 10.16 0.85 42.5 3.68 4.75 5.37 0.465 1.11 1.15 0.205 0.45 38 0.65 1.79 1.35 0.69 5.07

VOLUME

2,139,600 1,201,700 906,000 1,541,000 1,500 510,000 30 21,613,000 971,200 40 581,000 16,300 20 410 135,000 1,600 1,300 8,384,700 330,600 125,400 308,800 6,283,200 528,500 29,420 242,700 5,600 4,120,800 7,290,000 433,440 2,150 15,000 6,000 4,400 1,387,400 364,600 3,057,800 822,790 1,270,000 22,500 512,000 86,600 3,882,200 30,300 77,100 749,000 226,600 1,377,550 33,100 32,630 110,000 30,000 557,000 262,300 155,800 410,000 230,000 672,760 1,772,000 100 240,000

NAME

OPEN

HIGH

LOW

VOLUME

VALUE

NET FOREIGN BUYING/(SELLING), PHP

MRC ALLIED PHIL ESTATES PHIL REALTY PRIMEX CORP ROBINSONS LAND ROCKWELL SHANG PROP SM PRIME HLDG STA LUCIA LAND SUNTRUST HOME VISTA LAND

0.345 0.375 0.58 6.3 22.5 2.29 3.11 36.5 1.01 0.87 5.66

0.36 0.38 0.58 6.3 22.6 2.42 3.19 36.5 1.03 0.87 5.66

0.34 0.37 0.56 6.2 21.55 2.25 3.11 35.6 1.01 0.83 5.56

0.35 0.37 0.57 6.29 21.6 2.4 3.19 35.6 1.03 0.87 5.58

48,500,000 2,150,000 6,176,000 1,501,400 1,576,600 6,392,000 58,000 12,520,000 240,000 190,000 11,748,900

17,029,300 797,850 3,485,430 9,359,055 34,598,655 15,006,940 180,620 451,155,110 244,800 158,450 65,621,811

-71,950 1,710.00 -1,094,634 -22,305,075 -10,921,665 83,000 -52,663,641

2GO GROUP ABS CBN ACESITE HOTEL APC GROUP APOLLO GLOBAL ASIAN TERMINALS BLOOMBERRY BOULEVARD HLDG CEBU AIR CENTRO ESCOLAR CHELSEA DFNN INC DISCOVERY WORLD EASYCALL FAR EASTERN U GLOBE TELECOM GMA NETWORK GOLDEN HAVEN GRAND PLAZA HARBOR STAR IMPERIAL INTL CONTAINER IPEOPLE IPM HLDG ISLAND INFO ISM COMM JACKSTONES LBC EXPRESS LEISURE AND RES LORENZO SHIPPNG MACROASIA MANILA BULLETIN MANILA JOCKEY MELCO RESORTS METRO RETAIL MLA BRDCASTING NOW CORP PACIFIC ONLINE PAL HLDG PHIL SEVEN CORP PHILWEB PLDT PREMIUM LEISURE PRMIERE HORIZON PUREGOLD ROBINSONS RTL SBS PHIL CORP SSI GROUP STI HLDG TRAVELLERS WATERFRONT WILCON DEPOT

16.6 34.9 1.41 0.49 0.045 11.24 10.5 0.07 99.5 8.85 8.33 7 2.9 3.44 1,000 1,800 5.78 18.14 11 4.97 2.45 104 12.3 8.35 0.141 1.35 3.05 15.5 4.08 1.2 20.15 0.53 6 7.5 3.98 15.92 2.87 10.96 5.09 139 8.76 1,464 1.3 0.34 49 93.9 5.79 3.21 1.69 4.18 1.01 8.15

18.4 35.2 1.42 0.49 0.046 11.3 10.52 0.072 100 8.85 8.53 7.06 2.93 4.35 1,000 1,815 5.81 18.14 11 5.13 2.45 105.1 12.3 8.35 0.143 1.35 3.05 15.5 4.15 1.2 21.65 0.53 6.28 7.53 3.98 15.94 2.95 10.96 5.09 139 8.77 1,525 1.31 0.35 49.4 94 6 3.21 1.74 4.2 1.05 8.25

16.6 34.9 1.41 0.485 0.044 11.24 10.38 0.07 99.5 8.85 8.29 7 2.76 3.44 1,000 1,760 5.75 18.14 11 4.8 2.4 102.9 12.3 8.35 0.141 1.34 3.05 15.5 3.93 1.17 20.15 0.52 5.75 7.24 3.92 15.86 2.79 10.96 5.07 135.1 8.4 1,461 1.29 0.34 48.15 92.25 5.75 3.12 1.67 4 1 8.1

SERVICES 18.18 35.2 1.41 0.485 0.045 11.28 10.44 0.07 99.8 8.85 8.5 7.06 2.76 3.95 1,000 1,760 5.8 18.14 11 4.8 2.45 105 12.3 8.35 0.141 1.34 3.05 15.5 4.04 1.2 21 0.52 6 7.34 3.94 15.9 2.8 10.96 5.07 136 8.42 1,491 1.3 0.34 49.3 92.4 6 3.12 1.72 4 1.04 8.21

163,600 31,800 57,000 20,000 16,400,000 27,000 8,835,400 5,340,000 111,350 100 1,379,800 2,600 100,000 83,000 40 63,590 390,900 3,900 1,900 30,424,000 20,000 491,600 600 290,800 960,000 216,000 26,000 300 3,748,000 228,000 4,461,800 99,000 5,590,500 2,054,900 128,000 2,900 3,501,000 9,000 23,000 1,880 1,505,100 211,910 86,000 360,000 1,391,300 547,640 84,800 1,175,000 10,918,000 3,287,000 6,638,000 552,100

2,902,618 1,114,915 80,670 9,750 737,100 304,524 92,398,484 373,890 11,113,224 885 11,618,217 18,320 287,690 325,910 40,000 113,401,035 2,265,807 70,746 20,900 150,868,880 48,800 51,339,051 7,380 2,428,180 135,480 289,660 79,300 4,650 15,164,050 272,850 94,125,875 51,930 33,240,738 15,143,475 505,370 46,108 9,867,840 98,640 117,030 258,232 12,772,280 318,069,315 111,960 122,750 68,209,070 50,722,706.5 ( 496,521 3,705,710 18,667,520 13,370,410 6,859,690 4,490,600

756,052 281,924 26,058,048 -4,736,309.50 415,762 -44,674,150 -2,267,870 -3,435,119 0 -4,017,850 -52,210,980 52,650 7,044,153 -272,290 -556,490 5,070 -22,730 52,205 -62,908,595 -25,960 -51,045,135 31,949,080.5) 331,525.00 235,290 10,484,510 -5,569,580 176,230 22,602

ABRA MINING APEX MINING ATLAS MINING BENGUET A BENGUET B CENTURY PEAK COAL ASIA HLDG DIZON MINES FERRONICKEL GEOGRACE LEPANTO A LEPANTO B MANILA MINING A MANILA MINING B MARCVENTURES NICKEL ASIA NIHAO OMICO CORP ORNTL PENINSULA ORNTL PETROL B PHILODRILL PHINMA PETRO PX MINING PXP ENERGY SEMIRARA MINING

0.0023 1.62 4.8 1.69 1.7 1.81 0.31 7.3 2.63 0.225 0.152 0.15 0.0099 0.01 1.67 6.16 1.53 0.44 0.9 0.013 0.011 2.25 6.06 8.55 35.7

0.0024 1.62 4.8 1.8 1.7 1.84 0.31 7.8 2.64 0.233 0.152 0.152 0.01 0.01 1.68 6.16 1.53 0.44 0.9 0.013 0.012 2.25 6.08 9.1 35.7

0.0023 1.58 4.6 1.69 1.68 1.7 0.31 7.3 2.55 0.225 0.151 0.15 0.0099 0.01 1.65 5.94 1.43 0.44 0.87 0.013 0.011 2.25 5.9 8.55 35.2

MINING & OIL 0.0024 206,000,000 1.6 4,899,000 4.62 489,000 1.8 6,000 1.68 93,000 1.7 16,153,000 0.31 50,000 7.3 10,500 2.61 2,809,000 0.233 150,000 0.152 1,480,000 0.152 3,620,000 0.0099 7,500,000 0.01 3,000,000 1.65 17,000 5.98 3,757,200 1.51 64,000 0.44 1,000,000 0.89 83,000 0.013 300,000 0.012 12,500,000 2.25 3,000 5.92 465,400 8.69 6,289,500 35.5 5,487,400

474,100 7,836,580 2,293,270 10,250 157,100 28,171,150 15,500 76,886 7,304,970 33,830 224,490 545,240 74,450 30,000 28,340 22,495,455 95,990 440,000 73,360 3,900 144,300 6,750 2,776,521 55,602,919 194,621,805

-1,600 -14,010 -157,100 235,210 780 -351,530 15,200 105,871 -460,149.00 -1,511,698 -12,199,470.00

ABS HLDG PDR ALCO PREF B DD PREF FGEN PREF F GMA HLDG PDR GTCAP PREF A GTCAP PREF B HOUSE PREF A LR PREF PNX PREF 3A SMC PREF 2C SMC PREF 2D SMC PREF 2G SMC PREF 2H SMC PREF 2I

35 107.8 105 109 5.41 1,040 1,028 101 1.09 103.5 81.3 76.6 78.5 79.5 80.1

34.35 107.8 104.6 109 5.38 1,040 1,028 100.5 1.09 103.5 81.3 76.5 78.5 79 80.1

PREFERRED 34.5 5,600 107.8 12,000 105 252,320 109 1,400 5.4 486,100 1,040 5 1,028 1,505 101 15,500 1.09 1,000 103.5 10 81.3 500 76.5 13,400 78.5 10 79.3 308,140 80.1 7,540

193,270 1,293,600 26,480,774 152,600 2,626,567 5,200 1,547,140 1,565,250 1,090 1,035 40,650 1,025,940 785 24,477,680 603,954

-48,320 -1,890,934 7,900 -

LR WARRANT

2.48

2.6

2.48

WARRANTS 2.57 1,287,000

3,289,020

31,072,927 8,640 143,510 7,698,240

-19,403,660 -998,790

6,092,762

13,641

HOLDING FIRMS 0.315 1,190,000 68 797,710 15.62 5,884,700 0.92 5,000 6.94 17,700 0.38 900,000 0.375 460,000 1,010 251,960 7.42 3,452,200 14.04 10,317,100 7.95 15,100 5.3 134,000 0.195 10,000 1,140 200,815 66.6 1,508,070 4.76 1,600 0.61 99,000 5.7 573,600 18.7 2,839,500 6.43 19,213,900 3.8 136,000 0.046 11,300,000 1.15 99,000 2.05 137,000 2.6 2,000 109.9 144,210 2.62 17,000 958.5 261,250 1.97 16,022,000 286 10,370 0.249 280,000 0.181 200,000 0.198 100,000 PROPERTY 5.69 1 10.94 0.88 42.6 3.68 4.79 5.4 0.465 1.12 1.15 0.208 0.45 38.25 0.67 1.8 1.36 0.71 5.13

355,100 2,154,000 9,500 772,000 7,957,300 292,000 455,000 90,000 2,080,000 14,000 899,000 4,920,000 150,000 78,300 205,000 15,991,000 4,217,000 722,000 37,069,700

ITALPINAS MAKATI FINANCE PHILAB HLDG XURPAS

10 2.88 3.06 3.58

10.02 2.88 3.23 3.66

9.47 2.88 3.06 3.42

FIRST METRO ETF

124

124.3

124

TRADING SUMMARY

FINANCIAL

7,890,491

INDUSTRIAL

76,118,485

HOLDING FIRMS

77,031,387

PROPERTY

176,270,971

SERVICES

115,593,418

MINING & OIL

276,255,006

GRAND TOTAL

734,651,474

9.8 2.88 3.23 3.43

SME

3,208,300 3,000 45,000 2,182,000

EXCHANGE TRADED FUNDS 124 49,130

VALUE 2,077.13 (up) 2.75 825,553,142.20 FINANCIAL INDUSTRIAL 10,732.90 (up) 79.90 1,193,757,577.60 HOLDING FIRMS 8,236.71 (down) 36.44 1,416,176,839.05 PROPERTY 3,806.54 (down) 40.72 1,597.70 (up) 16.16 1,481,322,638.885 SERVICES MINING & OIL 11,246.75 (down) 111.11 1,333,864,191.868 PSEI 8,129.62 (down) 15.38 323,555,784.672 All Shares Index 4,781.40 (down) 4.66 6,619,260,588.30 Gainers: 90; Losers: 95; Unchanged: 59; Total: 244

becoming cheap.” Hong Kong lost 2.1 percent, leaving it more than six percent off its decade peak touched just over a fortnight ago. Shanghai closed 0.3 percent down and Sydney was 0.4 percent lower following weaker-than-forecast economic growth data, which also dragged down the Australian dollar on expectations the country’s central bank will not raise interest rates any time soon. Seoul gave up 1.4 percent, while Taipei shed 1.6 percent and Wellington dropped 0.6 percent. There are also worries about China’s crackdown on borrowing-fueled investing. “The sentiment in China has turned less positive after the conclusion of the national party congress, as the deleveraging rhetoric has returned to the market, especially with regards to real estate speculation,” TD Securities commodity strategist Ryan McKay told Bloomberg News. “Worries of the deleveraging’s impact on real estate and construction demand saw optimism for commodity demand reduced and prices retreat.” Oil prices were hit by data showing a big rise in US inventories. Sydney-listed miner Rio Tinto shed 2.5 percent and BHP was two percent off, while energy giant Woodside Petroleum lost 0.3 percent. CNOOC, Sinopec and PetroChina dived in Hong Kong while Inpex was hammered more than three percent in Tokyo. With AFP

Phinma acquires nursing college PHINMA Education Holdings Inc., a wholly-owned unit of diversiﬁed conglomerate Phinma Corp., is acquiring a 95.6-percent stake in a nursing school for P370.2 million. Phinma said in a disclosure to the stock exchange its education unit signed an agreement to buy 57.347 shares of St. Jude College Inc. constituting 95.6 percent of the issued and outstanding stocks of the school. St. Jude College in Manila started as a nursing school in 1968 before becoming a full-serviced educational institution serving 3,050 students in basic education, college and graduate school programs. Known mainly for tertiary allied health science courses, it also offers programs in business, education, information technology, and hospitality. Phinma Education’s network of schools include Southwestern University, Phinma Araullo University, Phinma University of Pangasinan, Phinma Cagayan de Oro and Phinma University of Iloilo. Phinma Education in April made a tender offer to acquire between 55 percent and 100 percent of Laguna College of Business and Arts in Calamba for P313.2 million. The company, however, did not proceed with the tender offer in July after only less than a majority of the stockholders of LCBA agreed to sell their shares. Phinma Education last year made its ﬁrst overseas venture by opening a health training cementer in Myanmar. Jenniffer B. Austria

CYAN MAGENTA YELLOW BLACK Manila

Standard

Business

TODAY

THURSDAY, DECEMBER 7, 2017 extrastory2000@gmail.com

US hits Vietnam with big steel duties WA S H I N G T O N ― T h e United States on Tuesday imposed huge duties on some steel imports from Vietnam, saying they were produced with Chinese material already subject to retaliatory penalties. The products will be subject to US punitive duties of up to 265 percent of their value, the Commerce Department said in a statement, yet another in a series of aggressive trade enforcement steps by President Donald Trump’s administration, many targeting China. US imports from Vietnam have skyrocketed since the US imposed duties on the Chinese product two years ago, indicating companies are circumventing US duties by passing through Vietnam, the Commerce Department said.

UPBEAT IN AUSTRALIA. Pedestrians and shoppers walk down the newly refurbished George Street in the central business district of Sydney on December 6, 2017. Australia’s economy grew 0.6 percent in the third-quarter, as business investment lifted despite weak household spending, reflecting the divergence between the two segments, official data showed on December 6, 2017. AFP

Why a UCPB-Landbank merger is a bad idea WHERE its financial institutions are concerned, the government – the administration of Rodrigo Duterte and its predecessor – has been behaving like a father trying to arrange bad marriages for his daughters. First, there was papa Benigno Aquino III trying to arrange a marriage between the Land Bank of the Philippines (Landbank) – this country’s third largest commercial bank – and the Development Bank of the Philippines. That marriage should not have been attempted at all because the Philippine government needs an institution that performs ordinary banking functions and an institution that performs development banking functions. The first is an apple, the second is an orange. The government needs the orange as much as the apple. Now here comes papa Rodrigo Duterte trying to arrange a marriage between Landbank and the United Coconut Planters Bank (UCPB). I don’t know how much traction the proposal has gained, but the very idea of a LandbankUCPB merger bears careful consideration. At first sight a Landbank-UCPB merger looks very attractive. It would catapult Landbank from No. 3 in the ranking of commercial banks to either No. 2 or No. 1, going past Banco de Oro and Metropolitan Bank. Given that Philippine National Bank (PNB) was the top commercial bank during the decades that it was publicly owned, renewed ownership of the nation’s No.1 ranked commercial bank would be a great source of prestige for the government. In bringing out the idea of a Landbank-UCPB merger, the Duterte administration was obviously thinking of the twoplus-two-equals-five concept. Certainly, synergistic impact is considered in transactions such as the proposed merger, but other factors need to be taken into account in a merger between the two government-controlled commercial banks. These other factors combine to make the proposed merger a bad idea. For starters, there are the still-unresolved legal issues relating to the ownership of UCPB. Every Filipino who is reasonably well-informed knows that UCPB came into being largely with the use of funds raised from the coconut levy, which the nation’s coconut farmers were forced to pay between 1973 and 1982 for every 100 kilos of their copra. In a December 2001 ruling, the Supreme Court adjudged the coconut levy funds to be “public in character”. In 2003 the Sandiganbayan ordered the forfeiture of 72 percent of UCPB’s total outstanding shares in favor of the government. And during his incumbency President Aquino issued two Executive Orders that laid down guidelines for the inventory and privatization of coconut levy-derived assets (EO 179) and for the reconveyance and utilization of those assets for the benefit of the coconut farmers (EO 180). The two EOs have yet to be fully implemented, and as long as full implementation is uncompleted, a UCPB merger with any other institution would be legally and practically problematic. Landbank has been operating smoothly; why disturb its operations with the introduction of a judicially unsettled partner? UCPB’s ownership issues – and these are numerous – should be put to rest before it is merged with another banking institution so that the merger will be seamless. The other major factor that makes a UCPB-Landbank merger and not very bright idea is the difference in the character of the two banks’ operations. True, its operations have come to span the entire range of commercial banking functions, but Landbank’s charter mandates it to prioritize the banking needs of the beneficiaries of the agrarian reform program and other rural groups, including the fisherfolk. To that mandate has been added, in recent years, the servicing of the needs of the OFW (overseas Filipino workers). Landbank should not be distracted from its statutory responsibility. In contrast, UCPB’s mandate has been clear and unmistakable from the start: that is to service the needs of Philippine coconut farmers, especially the coconut levy payers. Their banking requirements should not be mixed with the requirements of the agrarian reform beneficiaries, the fisherfolk and the OFWs. Other factors could be brought into the discussion, but I believe that the ones discussed above are sufficient to justify a decision to not proceed – for now – with a merger between UCPB and Landbank. The marriage will not be a happy union. E-mail: romero.business.class@gmail.com

The duties on the Chinese product were designed to compensate for product produced at below cost and dumped into the US market. Since then, imports of corrosion-resistant steel from Vietnam have jumped to $80 million a year from just $2 million, while coldrolled steel surged to $215 million from $9 million, according to the statement. The duties imposed are a preliminary finding in the complaint filed by six US steel manufacturers, and the department will announce a final decision in February. Importers of the product from Vietnam can file for an exemption from the duties if they can prove the material used in production originated outside of China. Washington has stepped

up adversarial trade actions with China since Trump took ofﬁce in January on a nationalist economic agenda, imposing duties on Chinese aluminum foil and plywood, among other goods. Beijing reacted harshly last week after Washington opened an anti-dumping probe of Chinese common aluminum alloy sheet worth hundreds of millions of dollars annually. The Trump administration in April also launched national security investigations into Chinese aluminum and steel imports, warning the country’s overcapacity threatened to undermine producers crucial to US defense needs. Trump also has promised to reduce bilateral trade deﬁcits with major trading partners. AFP

EU blacklists South Korea, sixteen other tax havens By Alex Pigman

RUSSELS, Belgium― European Union ministers adopted on Tuesday a blacklist of 17 non-EU tax havens including Panama, South Korea and the United Arab Emirates after a year of tough negotiations.

The Paradise Papers leak last month gave a new impetus to the plan, making public some of the intricate ways the world’s rich evade tax using offshore havens. “We have adopted at EU level a list of states which are not doing enough to fight tax evasion. This blacklist includes 17 states,” French finance minister Bruno Le Maire told reporters in Brussels. The EU has struggled for over a year to finalize the blacklist, with smaller, low-tax EU na-

tions such as Ireland, Malta and Luxembourg worried about scaring off multinationals. The countries on the list are: American Samoa, Bahrain, Barbados, Grenada, Guam, Macau, the Marshall Islands, Mongolia, Namibia, Palau, Panama, Saint Lucia, Samoa, South Korea, Trinidad and Tobago, Tunisia and the United Arab Emirates. A further 47 countries are on a “grey list,” sources said. Other jurisdictions are understood to have been given leeway after suffering severe damage during hurricanes in the Caribbean earlier this year. Britain fought particularly hard against the list, afraid that its crown dependencies, including Jersey and the Virgin Islands, would be singled out. Senior officials from member states had whittled down an initial draft of 29 countries, with divisions still strong in recent days on who would make the final version. EU Economic Affairs Commissioner Pierre Moscovici said ahead of the official

announcement that this was fewer than the 20 countries he had hoped for but would be a “initial victory.” Enforcement is the biggest problem, with EU countries split over whether blacklisted countries should be subjected to ﬁnancial sanctions or if the list itself is shaming enough. Several states, including France, support tough measures against the listed tax havens such as exclusion from EU and World Bank funding, though the debate is still open. Other countries are reluctant to draw up common sanctions, believing that responsibility is better left to member states. “To be on a blacklist is in itself bad enough and of course there will be consequences for these countries,” Luxembourg Finance Minister Pierre Gramegna said. An existing list of tax havens compiled by the Organization for Economic Cooperation and Development currently includes only Trinidad and Tobago.AFP

Business investment boosted Australia’s economy in Q3 SYDNEY―Australia’s economy grew 0.6 percent in the third-quarter, as business investment lifted despite weak household spending, reflecting the divergence between the two segments, official data showed Wednesday. The quarterly expansion took the annual rate of growth to a healthy 2.8 percent, slightly below expectations but broadly in line with the central bank’s forecasts, the Australian Bureau of Statistics (ABS) figures showed. “The solid 0.6 percent growth outcome in the September quarter national accounts has accelerated growth from 1.9 percent to 2.8 percent through the year,” Treasurer Scott Morrison told reporters in Canberra. “This is above the OECD (Organization for Economic Co-operation and Development) average and puts Australia back up towards the top of the pack for major advanced economies around the world.” The previous quarter’s reading of 0.8 percent was revised up to 0.9 percent, extending the

Australian economy’s uninterrupted growth to 26 years without a recession. The ABS’ chief economist Bruce Hockman said the quarterly expansion was driven by increased activity in both private business investment and public infrastructure, which “underpinned broad growth across the industries.” Seventeen out of 20 industries recorded positive growth, led by the professional, scientific and technical services, healthcare and social assistance, and manufacturing sectors. While wages increased over the three months, household consumption was weak at 0.1 percent, leading to a rise in the savings ratio for the first time in five quarters, Hockman added. Australia has been exiting an unprecedented mining investment boom, with the Reserve Bank of Australia cutting interest rates to a record-low of 1.50 percent since November 2011 to boost growth in non-resources industries. But the transition has been rocky, with the cen-

1598 M.H. Del Pilar corner Dr. J. Quintos Streets Malate, Manila Tel. Nos. 522-0000, 551-2200 connecting all departments

tral bank keeping rates on hold for one-and-a-half years amid concerns about tepid wages growth, high household debt and soft inﬂation ﬁgures. “The dichotomy between the business and household sectors was plain to see in today’s Q3 GDP numbers,” HSBC economists Paul Bloxham and Daniel Smith said in a note. “As yet, the improvement in business conditions has yet to meaningfully feed through to the household sector.” AFP

N OTICE Notice is hereby given that UNIVERSAL ROBINA CORPORATION is applying for registration with the Board of Investments (BOI) as Expanding Producer of Refined Sugar and its By-Product (Molasses) on a Non-Pioneer Status with project site located in Sitio San Juan, Brgy. Camugao, Kabankalan City, Negros Occidental with the following capacities. Refined Sugar 767,802 LKG (50kg bag) By-Product (Molasses) 7,733 MTPY

Any person with valid objection/s on the abovementioned project may file his/her objection in writing, under oath, with the BOI within three (3) days from the date of this publication. (SGD.) NESTOR P. ARCANSALIN Director Resource-Based Industries Service

INVITATION TO BID The Land Bank of the Philippines (LANDBANK), through its Bids and Awards Committee (BAC), invites consultants/ suppliers/manufacturers/distributors/contractors to bid for the hereunder project: Items

Approved Budget Bidding for the Contract Documents Fee (ABC)

ITB - GS-20171030-01 Dot Matrix Printer, as follows: Lot 1 - 500 Units A4 Lot 2 - 400 Units 136 Columns

6,000,000.00 6,800,000.00

3,000.00 3,400.00

Delivery Period

Staggered Delivery (to be discussed during the Pre-Bid Conference)

(MS-DEC. 7, 2017)

Republic of the Philippines REGIONAL TRIAL COURT

served together with a copy of the petition and annexes to the Local Civil Registrar of Quezon City; the National Statistician/ Branch 100, Quezon City Civil Registrar General of the Philippine Statistics Authority PERLITA O. ALVARICO, (PSA); the Office of the Solicitor Petitioner, General (OSG); the City -versusR-QZN-17-08678-SP Prosecutor’s Office of Quezon City.

NATIONAL CAPITAL JUDICIAL REGION

YONGDEOK LEE, THE CIVIL REGISTRAR GENERAL, ET AL., Respondents.

Prospective bidders should have experience in undertaking a similar project within the last five (5) years from the date of submission and receipt of bids, with an amount of not less than 50% of the ABC. The Eligibility Check/Screening as well as the Preliminary Examination of Bids shall use non-discretionary “pass/fail” criteria. Post-qualification of the lowest calculated bid shall be conducted.

x-------------------------------------------x

All particulars relative to Eligibility Statement and Screening, Bid Security, Performance Security, Pre-Bidding Conference(s), Evaluation of Bids, Post Qualification and Award of Contract shall be governed by the pertinent provisions of R.A. 9184 and its Implementing Rules and Regulations (IRRs).

a. That the judgment of Divorce by Agreement Confirmation of Intention issued by the Judge Lee, Hye Seon in the Republic of Korea, be judicially recognized; b. Directing the Public Respondents, namely, the Civil Registrar General and the Local Civil Registrar of Quezon City, to annotate the Judgment of Divorce on the Marriage Certificate of Yongdeok Lee and Perlita Alvarico; c. Declaring that Petitioner, Perlita Alvarico has the capacity to remarry.

The schedule of activities are as follows: ACTIVITIES 1. Issuance of Bid Documents 2. Pre-Bid Conference 3. Submission / Opening of Bids 4. Post-Qualification 5. Notice of Award

SCHEDULE December 7, 2017 to January 11, 2018 December 14, 2017 - 2:00 PM Bidding Room, 25th Floor, LANDBANK Plaza Building 1598 M. H. Del Pilar corner Dr. J. Quintos Streets, Malate, Manila January 11, 2018 - 11:00 A.M. Procurement Department, 25th Floor, LANDBANK Plaza Building 1598 M. H. Del Pilar corner Dr. J. Quintos Streets, Malate, Manila January 12 to 18, 2018 January 23, 2018

Bid documents will be available to prospective bidders upon payment of the applicable Bidding Documents fee to the LANDBANK Cashier. LANDBANK reserves the right to (a) reject any and all bids at any time prior to the award of the contract; (b) waive any minor formal requirements in the bid documents; (c) accept such bids, it may consider advantageous and beneficial without thereby incurring any liability to the affected bidder or bidders. BIDS AND AWARDS COMMITTEE

ORDER This is a verified petition praying unto the Honorable Court that a decision be rendered as follows:

Finding the Petition to be sufficient in form and substance, notice is hereby given that the petition shall be heard before this Court sitting at Room 217, Hall of Justice Bldg., Quezon City Hall Compound, Quezon City on January 25, 2018 at 2:00 o’clock in the afternoon at which date and time, all persons interested may appear and show cause in writing why the petition should not be granted. Let a copy of this Order be published once a week for three (3) consecutive weeks in a newspaper of general circulation chosen by raffle, and further

Finally, let respondent Yongdeok Lee be served with a copy of this Order and a copy of the Petition at his address at 61 Sungcheol-ri Gojeon-myeon, Hadong myeon, Gyeongnam, South Korea by registered mail and also through private courier, both at the expense of the petitioner. The compliance to the Order dated 11 September 2017 filed by petitioner is hereby Noted. SO ORDERED. Quezon City, Metro November 8, 2017.

Manila,

(Sgd.) EDITHA G. MINA-AGUBA Presiding Judge Copy furnished: Perlita Alvarico-petitioner No. 106 B. del Pilar St., Brgy. Santolan Malabon City Atty Julie Racquel c. Malicdem-Counsel for the petitioner Sedigo and Associates Suite 506, ITC Bldg., 337 Sen. Gil J. Puyat Ave., Makati City Office of the Solicitor General-134 Amorsolo Street, Legaspi Village, Makati City The National Statistician/Civil Registrar General-Phil. Statistics Authority, 3rd floor, NSO-CVEA Bldg., East Ave., Diliman, Q.C. The Local Civil Registrar of Quezon City-Quezon City Hall Complex, Diliman, Quezon City Office of the City Prosecutor, Quezon City

(MS-Dec. 7, 14 & 21, 2017)

CYAN MAGENTA YELLOW BLACK

REVISED ZONAL VALUATION – RDO NO. 53A – LAS PIÑAS CITY

4 THURSDAY,DECEMBER 7, 2017 Republic of the Philippines DEPARTMENT OF FINANCE Roxas Boulevard Corner Vito Cruz Street Manila 1004

STREET/SUBDIVISION

ALMANZA METROPOLIS CONDOMINIUM (VICTORIA PARK)

IMPLEMENTATION OF THE REVISED SCHEDULE OF ZONAL VALUES OF REAL PROPERTIES IN THE CITY OF LAS PINAS, NATIONAL CAPITAL REGION WITHIN THE JURISDICTION OF REVENUE DISTRICT OFFICE NO. 53A-LAS PINAS CITY FOR INTERNAL REVENUE TAX PURPOSES.

VICINITY

CLASSI- 7TH REV FICATION ZV/SQ. M

TOWNHOMES/CONDOMINIUMS:

DEPARTMENT ORDER NO. 068-2017 November 20, 2017 SUBJECT:

BARANGAY: INTERNATIONAL VILLAGE

BARANGAY : ALMANZA UNO (cont.)

AMAIA ALABANG STEPS (UNDER CONSTRUCTION)

: All Internal Revenue Officers and Others Concerned.

Section 6(E) of Republic Act No. 8424, otherwise known as the “Tax Reform Act of 1997”. authorizes the Commissioner of Internal Revenue to divide the Philippines into different zones or areas and determine for internal revenue tax purposes, the fair market value of the real properties located in each zone or area upon consultation with competent appraisers both from the private and public sectors By virtue of said authority, the Commissioner of Internal Revenue has determined the zonal values of real properties in the City of Las Pifias within the jurisdiction of RDO No. 53A-Las Pinas City, Revenue Region No. 8-Makati City after public hearing was conducted on January 31, 2017 for the purpose. This Order is issued to implement the Revised Schedules of Zonal Values of Real Properties for purposes of computing any internal revenue tax due on sale/transfer or any other disposition of real properties The zonal values established herein shall apply provided the same is higher than (1) the fair market value as shown in the schedule of values of the provincial or city assessor and (2) the gross selling price/consideration as shown in the duly notarized document of sale or transfer of real property

MADISON MANOR CONDOMINIUM COMPLEX

OHANA HOMES

SM RESIDENCES TIERRA HERMOSA CONDOMINIUMS

40,000.00

50,000.00

35,000.00

STREET/SUBDIVISION

VICINITY

BF EXEC IV, V

PARAMOUNT SUBD

CAA

SAN ANTONIO VAL 7

CITADELLA

ALL OTHER STREETS

80,000.00

90,000.00

50,000.00

PROVINCE : NCR

35,000.00

CITY/MUNICIPALITY : LAS PIÑAS CITY

45,000.00

BARANGAY : DANIEL FAJARDO

30,000.00

65,000.00

75,000.00

NOTE: RENAMED AS BF INTERNATIONAL(SEE ABOVE)

STREET/SUBDIVISION

VICINITY

BALITE ST.

5,000.00

PADRE DIEGO CERA AVE. (QUIRINO AVENUE)

20,000.00

50,000.00

30,000.00

80,000.00

25,000.00

50,000.00

25,000.00

NOTES:

SAN FRANCISCO ST.

SAN JOSE ST.

** RENAMED * NO LONGER EXISTING

2. DEVELOPER/OWNER OF CONDOMINIUM PROJECT BUILT AFTER THE EFFECTIVITY OF THIS REVISION (7TH REVISION) SHALL REQUEST FOR AN ASSIGNMENT OF VALUES FROM THE TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION, WHICH IS BEING CHAIRED BY THE ASSISTANT DIRECTOR.

RECOMMENDED BY: CAESAR R. DULAY Commissioner of Internal Revenue

PROVINCE : NCR

RESIDENTIAL

BARANGAY : ALMANZA DOS LAND/CONDOMINIUM HABITATION.

PRINCIPALLY

DEVOTED

COMMERCIAL

LAND DEVOTED PRINCIPALLY TO COMMERCIAL PURPOSES AND GENERALLY FOR THE OBJECT OF PROFIT.

INDUSTRIAL

DEVOTED PRINCIPALLY TO INDUSTRY AS CAPITAL.

AGRICULTURAL

DEVOTED PRINCIPALLY TO RAISING OF CROP SUCH AS RICE, CORN, SUGARCANE, TOBACCO, ETC. OR TO PASTURING, INLAND FISHING, SALT-MAKING, AND OTHER AGRICULTURAL USES INCLUDING TIMBERLAND AND FOREST LAND.

GENERAL PURPOSE

CONDOMINIUM

RAWLAND, UNDEVELOPED AND UNDERDEVELOPED AREA WHICH HAS POTENTIAL FOR DEVELOPMENT INTO RESIDENTIAL, COMMERCIAL, INDUSTRIAL, INSTITUTIONAL, ETC. MUST NOT BE LESS THAN 5,000 SQUARE METERS. IS AN INTEREST IN REAL PROPERTY CONSISTING OF A SEPARATE INTERESTS IN A UNIT IN A RESIDENTIAL, INDUSTRIAL OR COMMERCIAL BUILDING OR IN AN INDUSTRIAL ESTATE AND AN UNDIVIDED INTERESTS IN COMMON, DIRECTLY AND INDIRECTLY, IN THE LAND OR THE APPURTENANT INTEREST OF THEIR RESPECTIVE UNITS IN THE COMMON AREAS.

VICINITY

MEANS AN AREA, LOCALITY, NEIGHBORHOOD OR DISTRICT ABOUT, NEAR, ADJACENT PROXIMATE OR CONTIGUOUS TO A STREET BEING LOCATED.

CLASSIFICATION LEGEND: CODE RR CR RC CC CL A

A1 A2 A3 A4 A5 A6 A7 A8 A9 A10 A11 A12 A13 A14 A15 A16 A17 A18 A19 A20 A21 A22 A23 A24 A25

CLASSIFICATION CODE CLASSIFICATION Residential Regular GL Government Land Commercial Regular GP* General Purposes Residential Condominium I Industrial Commercial Condominium X Institutional Cemetery Lot APD Area for Priority Development Agricultural PS Parking Slot *Agricultural/Rawland not less than 5,000 square meters AGRICULTURAL LANDS Riceland Irrigated Riceland Unirrigated Upland Coco Land Citrus Land Fishpond Swamp Nipa Land Cotton Land Cogon Abaca Land Orchard Pineapple Land Banana Land Pasture Land Corn Land Sugar Land Tobacco Land Cacao Lanzones Durian Rambutan Mango Mangrove Camote/Cassava

A26 A27 A28 A29 A30 A31 A32 A33 A34 A35 A36 A37 A38 A39 A40 A41 A42 A43 A44 A45 A46 A47 A48 A49 A50

Bamboo Land Peanut Land Soy beans Land Grape vineyard Pepper Land Mineral Land Non Metallic mineral Land Coal Deposit African Oil Land Rubber Land Forest Land/Timber Land Horticultural Land Salt Beds Seashore Resort Sandy/Stony Prawn pond Sorghum Ipil-ipil Kangkong Zarate Vegetable Land Coffee Mountainous / Hilly Areas Other Agricultural Lands

PILAR ROAD

VICTOR BUENCAMINO DRIVE ALL OTHER STREETS

DAANG REYNA

LOTUS STREET TS Cruz subd, facing daang hari only ALL OTHER STREETS

60,000.00

12,000.00

25,000.00

20,000.00

25,000.00

30,000.00

10,000.00

25,000.00

20,000.00

VILLAGES/SUBDIVISIONS:

5,000.00

ALL STREETS

5,000.00

40,000.00

60,000.00

50,000.00

20,000.00

12,000.00

25,000.00

18,000.00

10,000.00

25,000.00

20,000.00

18,000.00

ALL STREETS

12,000.00

DBP VILLAGE

ALL STREETS

15,000.00

DOÑA JOSEFA SUBD.

BF HOMES

ENCLAVE SUBDIVISION

ALL STREETS

40,000.00

EVIA

ALL STREETS

50,000.00

GLORIA COMPOUND

ALL STREETS

10,000.00

GOODYEAR SUBD

DBP VILLAGE

PAG-ASA COMPOUND

ALL STREETS

10,000.00

AGUINALDO HIGHWAY/COASTAL ROAD

60,000.00

ALABANG WEST-MEGAWORLD( PARKLANE ) ALL STREETS

50,000.00

BALITE

5,000.00

DAANG KARITON ST.

5,000.00

FRUTO SANTOS AVE (FORMERLY TRAMO ROAD)

10,000.00

15,000.00

PORTOFINO COURTYARD

ALL STREETS

50,000.00

PORTOFINO HEIGHTS

ALL STREETS

50,000.00

PORTOFINO SOUTH

ALL STREETS

50,000.00

SONERA AYALA SOUTHVALE(AYALA SOUTHVALE VILLAGE)

ALL STREETS

TERESA PARK

BFHOMES

TS CRUZ SUBDIVISION

ALL STREETS

12,000.00

ALL STREETS

25,000.00

ALL STREETS

ALL STREETS ALL STREETS

JORGE AGUILAR (ST) AVE ( FORMERLY CAA ROAD)

TROPICAL AVENUE

ALL OTHER STREETS

PROVINCE : NCR CITY/MUNICIPALITY : LAS PIÑAS CITY BARANGAY : ELIAS ALDANA STREET/SUBDIVISION

VICINITY

CLASSI- 7TH REV FICATION ZV/SQ. M

12,000.00

20,000.00

30,000.00

25,000.00

SAN FRANCISCO ST.

6,000.00

20,000.00

SAN JOSE ST.

6,000.00

50,000.00

TABON III (IBAYO)

6,000.00

60,000.00

NOT LOCATED IN THIS BARANGAY(See other Barangay)

VICINITY

X PADRE DIEGO CERA AVE. (QUIRINO AVENUE)

TABON II

PRIVATE RAWLANDS

TRAMO

QUIRINO AVE

5,000.00

15,000.00

10,000.00

ALL OTHER STREETS

CLASSI- 7TH REV FICATION ZV/SQ. M

VILLAGES/SUBDIVISIONS: MADRIGAL COMPOUND

ALL STREETS

5,000.00

PANALIGAN COMPOUND

ALL STREETS

5,000.00

SAMSON COMPOUND

ALL STREETS

5,000.00

ST. DOMINIC COMPOUND

ALL STREETS

6,000.00

VELASQUEZ COMPOUND

ALL STREETS

6,000.00

VILLA EUSEBIA

ALL STREETS

6,000.00

60,000.00

70,000.00

18,000.00

CONDOMINIUMS: CASA DE SEQUOIA CONDOMIMIUM

20,000.00

30,000.00

20,000.00

TOWNHOMES:

30,000.00

CAMELLA TOWNHOMES

20,000.00

NOTES:

30,000.00

25,000.00

20,000.00

30,000.00

25,000.00

10,000.00

25,000.00

20,000.00

VILLAGES/SUBDIVISIONS: BF INTERNATIONAL VILLAGE

PHASE IV AND PHASE V

30,000.00

CAA COMPOUND

ALL STREETS

10,000.00

* NO LONGER EXISTING 1. ANY UNIT IN A PURELY RESIDENTIAL CONDOMINIUM (RC) PROJECT FOUND TO BE USED IN BUSINESS SHALL BE CLASSIFIED AS COMMERCIAL CONDOMINIUM (CC) AND TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED. 2. DEVELOPER/OWNER OF CONDOMINIUM PROJECT BUILT AFTER THE EFFECTIVITY OF THIS REVISION (7TH REVISION) SHALL REQUEST FOR AN ASSIGNMENT OF VALUES FROM THE TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION, WHICH IS BEING CHAIRED BY THE ASSISTANT DIRECTOR. PROVINCE : NCR CITY/MUNICIPALITY : LAS PIÑAS CITY BARANGAY : ILAYA STREET/SUBDIVISION

VICINITY

CLASSI- 7TH REV FICATION ZV/SQ. M

BALITE ST.

5,000.00

PADRE DIEGO CERA AVE. (QUIRINO AVENUE)

20,000.00

ALL STREETS

20,000.00

30,000.00

CASIMIRO VILLAGE PHASE III

ALL STREETS

10,000.00

25,000.00

ALL STREETS

20,000.00

SAN FRANCISCO ST.

5,000.00

SAN JOSE ST.

5,000.00

FRUTO SANTOS AVE. (TRAMO LINES)

10,000.00

15,000.00

12,000.00

20,000.00

10,000.00

BF PILAR EXECUTIVE VI

ALL STREETS

12,000.00

CASTILLO PARK SUBD.

ALL STREETS

10,000.00

CONDOMINIUMS:

DONA JOSEFA VILLAGE

ALL STREETS

10,000.00

PACIFIC COAST CONDOMINIUM

FRANCEL SUBDIVISION

ALL STREETS

10,000.00

GOODYEAR PARK SUBDIVISION

ALL STREETS

10,000.00

GREAT PLAIN SUBDIVISION

ALL STREETS

10,000.00

NOTES:

CAMELLA CLASSIC

12,000.00

ALL STREETS

40,000.00

ALL STREETS

CASIMIRO TOWNHOMES

ALL STREETS

TOWNHOMES:

VAA HOMES

ALL STREETS

COASTAL PLAZA CONDOMINIUM(formerly PEA/PRA condominium)

ALL STREETS

LEGACY SOUTH

ALL STREETS

CONDOMINIUMS:

ALL STREETS

20,000.00

VILLANUEVA COMPOUND

VILLA COASTAL ( FORMERLY TABON 1)

30,000.00

VERAVILLE HOMES 1

10,000.00

50,000.00

10,000.00

12,000.00

10,000.00

5,000.00

ALL STREETS

5,000.00

ALL STREETS

20,000.00

ALL STREETS

ALL OTHER STREETS

VELASQUEZ COMPOUND ( FORMERLY TABON 2)

ALL STREETS

LAS PINAS CHURCH

60,000.00

ALL STREETS

ST. JOSEPH PARK SUBDIVISION

GILENA SUBDIVISION

SAN FRANCISCO DEL MONTE SUBDIVISION

QUIRINO AVE EXT

5,000.00

12,000.00

10,000.00

QUIRINO AVE

ALL STREETS

15,000.00

ALL STREETS

BF HOMES HERNANDEZ PORTION

METROCOR SOUTHGATE HOMES

10,000.00

ALL STREETS

15,000.00

ALL STREETS

MADRIGAL COMPOUND ( FORMERLY TABON 1)

MAYUGA COMPOUND(GREGORIO MAYUGA HOMES)

10,000.00

LOPEZ COMPOUND ( FORMERLY TABON 1)

ALL STREETS

6,000.00

40,000.00

BF EXEC. VILLAGE VI

MANILA DOCTORS VILLAGE

10,000.00

CHARLESTOWN TERRACE

HERNANDEZ COMPOUND

BF HOMES ALMANZA

J. ELIZALDE ST.

55,000.00

12,000.00

AMORE @ ALMANZA

EL GRANDE AVENUE

6,000.00

VILLAGES/SUBDIVISIONS:

STREET/SUBDIVISION

10,000.00

20,000.00

BARANGAY : BF INTERNATIONAL

X RR

CITY/MUNICIPALITY : LAS PIÑAS CITY

12,000.00

18,000.00

PROVINCE : NCR

CLASSI- 7TH REV FICATION ZV/SQ. M

6,000.00

FRUTO SANTOS (TRAMO ST)

REAL ST

BARANGAY : ALMANZA UNO

ALABANG-ZAPOTE ROAD

from commerce ave to zapote river

CLASSI- 7TH REV FICATION ZV/SQ. M

CITY/MUNICIPALITY : LAS PIÑAS CITY

MANILA SOUTH ROAD

within BF Almanza

DAANG HARI

PROVINCE : NCR

ALMANZA PROPER

VICINITY

NOTES:

SCHEDULE OF REVISED ZONAL VALUES OF REAL PROPERTIES (7TH REVISION)

VICINITY

CRM AVENUE

VERSAILLES SUBDIVISION

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE REVENUE REGION NO. 8 - MAKATI CITY RDO NO. 53A-LAS PIÑAS CITY

STREET/SUBDIVISION

SULTANA ST.

TABON I

CITY/MUNICIPALITY : LAS PIÑAS CITY DEFINITION OF TERMS

CLASSI- 7TH REV FICATION ZV/SQ. M

CARLOS G. DOMINGUEZ III Secretary of Finance

CLASSI- 7TH REV FICATION ZV/SQ. M

ALL OTHER STREETS RC

70,000.00

75,000.00

TOWNHOMES: VERAVILLE TOWNHOMES (MONTREAL)

ALL STREETS

15,000.00

NOTES: 1. ANY UNIT IN A PURELY RESIDENTIAL CONDOMINIUM (RC) PROJECT FOUND TO BE USED IN BUSINESS SHALL BE CLASSIFIED AS COMMERCIAL CONDOMINIUM (CC) AND TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED. 2. DEVELOPER/OWNER OF CONDOMINIUM PROJECT BUILT AFTER THE EFFECTIVITY OF THIS REVISION (7TH REVISION) SHALL REQUEST FOR AN ASSIGNMENT OF VALUES FROM THE TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION, WHICH IS BEING CHAIRED BY THE ASSISTANT DIRECTOR.

5,000.00

15,000.00

10,000.00

CAMELLA HOMES TRAMO

7,000.00

BALON COMPOUND

5,000.00

PRECIOUSVILLE SUBDIVISION

5,000.00

8,000.00

VILLAGES/SUBDIVISIONS:

VILLA FIDELA SUBDIVISION

ALL STREETS

REVISED ZONAL VALUATION – RDO NO. 53A – LAS PIÑAS CITY PROVINCE : NCR CITY/MUNICIPALITY : LAS PIÑAS CITY BARANGAY : MANUYO UNO STREET/SUBDIVISION

PROVINCE : NCR

PADRE DIEGO CERA AVE./QUIRINO AVE.

SAN FRANCISCO ST. SAN JOSE ST. SULTANA STREET FRUTO SANTOS (TRAMO ST.)

ALL OTHER STREETS

CLASSIFICATION RR CR X RR RR RR X RR CR X RR CR X GP

7TH REV ZV/SQ. M 20,000.00 30,000.00 25,000.00 6,000.00 6,000.00 6,000.00 10,000.00 10,000.00 15,000.00 12,000.00 6,000.00 15,000.00 10,000.00 *

BARANGAY : PAMPLONA DOS STREET/SUBDIVISION

VICINITY

ALABANG-ZAPOTE ROAD

CVSTARR AVENUE

PHILAM GATE-F. CABICO ST. ALABANG-ZAPOTE ROAD-PHILAM GATE

PHILAMLIFE AVENUE ALL OTHER STREETS

CLASSI- 7TH REV FICATION ZV/SQ. M RR

55,000.00

60,000.00

20,000.00

STREET/SUBDIVISION

VICINITY

J. TIONQUIAO AVENUE

ALL OTHER STREETS

CLASSIFICATION RR CR X RR CR X GP

7TH REV ZV/SQ. M 15,000.00 20,000.00 18,000.00 12,000.00 20,000.00 18,000.00 *

RR CR RR RR RR RR

15,000.00 20,000.00 12,000.00 12,000.00 12,000.00 12,000.00

RC CC PS

80,000.00 100,000.00 60,000.00

TOWNHOMES: VERAVILLE TOWNHOMES REGENCY PH II RR 18,000.00 VERAVILLE TOWNHOMES RICHMOND RR 18,000.00 NOTES: * NO LONGER EXISTING 1. ANY UNIT IN A PURELY RESIDENTIAL CONDOMINIUM (RC) PROJECT FOUND TO BE USED IN BUSINESS SHALL BE CLASSIFIED AS COMMERCIAL CONDOMINIUM (CC) AND TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED. 2. DEVELOPER/OWNER OF CONDOMINIUM PROJECT BUILT AFTER THE EFFECTIVITY OF THIS REVISION (7TH REVISION) SHALL REQUEST FOR AN ASSIGNMENT OF VALUES FROM THE TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION, WHICH IS BEING CHAIRED BY THE ASSISTANT DIRECTOR.

CANAYNAY COURT SUBDIVISION DONA MATILDE SUBDIVISION GATCHALIAN SUBDIVISION OLIVAREZ AND GUEVARRA COMPOUNDS CONDOMINIUM: FIELD RESIDENCES (SM)

PROVINCE : NCR CITY/MUNICIPALITY : LAS PIÑAS CITY BARANGAY : PAMPLONA UNO VICINITY

A BONIFACIO STREET

ALONG TUASON ROAD ALABANG-ZAPOTE ROAD (ZAPOTE ALABANG PAMPLONA 1 ROAD)

GOMEZ STREET FACOMA STREET P. BURGOS STREET (BURGOS)

MANILA SOUTH ROAD

ZAMORA STREET ALL OTHER STREETS

VILLAGES/SUBDIVISIONS: A.BUENCAMINO COMPOUND ARROW TEXTILE BALAGTAS SUBDIVISION C.NOBLEZA COMPOUND CENTRAZA VILLAGE CITADELLA SUBD CHARLESTON TERRACE CUEVAS COMPOUND DON ANGELO KING VILL DOÑA CRISTETA SUBDIVISION GATCHALIAN R MEDINA GATCHALIAN SUBD P-3C GOMEZ HILABEL HONGKONG VILLAGE INANG MARIA(FORMERLY BONDOC COMPOUND) KAUNLARAN KAY MANARIGO MANGGAHAN 1 MANGGAHAN 2 MONARK SUBDIVISION PAMPLONA VILLAGE PATRICIA HOMES PHILIPS PARK SUBDIVISION RM COMPOUND SAINT JOSEPH COMPOUND SAN ISIDRO SUBDIVISION SIGNATURE HOMES TUAZON SUBDIVISION WOODRIDGE NOTES: * NO LONGER EXISTING

REMARVILLE SUBD

PHILAMLIFE SUBDIVISION PHASE 1 PHILAMLIFE SUBDIVISION PHASE 2

BALAGTAS SUBD

TUNGTONG

TUNGTONG TUNGTONG TUNGTONG MANILA SOUTH ROAD PAMPLONA ELEM SCHOOL ALONG CAA ROAD, RACLANGAN

BALAGTAS MUNICIPAL HALL

TUNGTONG

CLASSI- 7TH REV FICATION ZV/SQ. M RR RR CR X RR RR RR RR RR CR X GP

8,000.00 55,000.00 60,000.00 60,000.00 8,000.00 8,000.00 8,000.00 8,000.00 6,000.00 25,000.00 20,000.00 *

RR RR RR RR RR RR RR CR RR RR RR RR

6,000.00 * 6,000.00 6,000.00 6,000.00 * 15,000.00 25,000.00 * 7,000.00 * *

RR RR RR RR RR RR RR RR RR RR RR RR RR RR RR

6,000.00 6,000.00 * 6,000.00 6,000.00 7,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00 7,000.00 *

1. ANY UNIT IN A PURELY RESIDENTIAL CONDOMINIUM (RC) PROJECT FOUND TO BE USED IN BUSINESS SHALL BE CLASSIFIED AS COMMERCIAL CONDOMINIUM (CC) AND TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED. 2. DEVELOPER/OWNER OF CONDOMINIUM PROJECT BUILT AFTER THE EFFECTIVITY OF THIS REVISION (7TH REVISION) SHALL REQUEST FOR AN ASSIGNMENT OF VALUES FROM THE TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION, WHICH IS BEING CHAIRED BY THE ASSISTANT DIRECTOR.

VICINITY

FR. DIEGO CERA AVE. (QUIRINO AVE.) (REAL ST.)

NAGA ROAD

CLASSI- 7TH REV FICATION ZV/SQ. M RR

20,000.00

30,000.00

25,000.00

15,000.00

30,000.00

20,000.00

10,000.00 15,000.00

40,000.00

20,000.00

40,000.00

12,000.00

40,000.00

10,000.00

15,000.00

12,000.00

FRUTO SANTOS (TRAMO LINES)

ALL OTHER STREETS

15,000.00

12,000.00

VILLAGES/SUBDIVISIONS:

15,000.00

AZALEA HOMES

10,000.00

12,000.00

BERNABE COMPOUND

10,000.00

15,000.00

GABRIEL COMPOUND

10,000.00

JEANETTE GARDEN I

12,000.00

JEANETTE GARDEN II

12,000.00

PHILAM VILLE

MANILA SOUTH ROAD

REMARVILLE 2

PAMPLONA PARKS

12,000.00

KALIKASAN HOUSING PROJ/ANITO

17,200.00

STERLING HOMES SUBDIVISION

PHILAM VILLAGE

12,000.00

LAS PINAS ROYALE

15,000.00

* NO LONGER EXISTING

MANILA GARDEN VILLAGE(MANILA BAY HOMES)

12,000.00

**CORRECTED (SEE PHILAMLIFE SUBD PHASE( 1 & 2)

MAPAYAPA VILLAGE

12,000.00

ORCHARD HOMES

12,000.00

PERPETUAL VILLAGE

12,000.00

PULANGLUPA PROPER

12,000.00

SANTOS COMPOUND

10,000.00

SANTOS HOMES

12,000.00

T.S. SARINO SUBDIVISION

12,000.00

VENEZIA HOMES

12,000.00

60,000.00

50,000.00

60,000.00

70,000.00

50,000.00

NOTES:

CONDOMIINIUMS: VICINITY

ALABANG-ZAPOTE ROAD

CRISPINA AVENUE F. OCAMPO AVE. J. AGUILAR AVE.

ALL OTHER STREETS

VILLAGES/SUBDIVISIONS: BF HOMES MARTINVILLE (PORTION)

STREET/SUBDIVISION

PAMPLONA PARK SUBD

STREET/SUBDIVISION

VILLAGES/SUBDIVISIONS: VILLAGES/SUBDIVISIONS: BORACAY COMPOUND RR 6,000.00 CITIHOMES SUBDIVISION RR 18,000.00 CLEANVILLE COMPOUND RR 6,000.00 COLIS COMP(VILLA CONSUELO) RR 6,000.00 DE LOS REYES COMPOUND RR 6,000.00 HOLY FAMILY COMPOUND RR 6,000.00 JIMENEZ COMPOUND RR 6,000.00 LOMBUS COMPOUND RR 6,000.00 LOPEZ COMPOUND RR 6,000.00 MEDINA COMPOUND RR 6,000.00 SANTOS COMPOUND RR 6,000.00 SITIO BANGIAS RR 6,000.00 TOWNHOMES: CASIMIRO TOWNHOMES (TRAMO II) RR 18,000.00 NOTES: * NO LONGER EXISTING 1. ANY UNIT IN A PURELY RESIDENTIAL CONDOMINIUM (RC) PROJECT FOUND TO BE USED IN BUSINESS SHALL BE CLASSIFIED AS COMMERCIAL CONDOMINIUM (CC) AND TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED. 2. DEVELOPER/OWNER OF CONDOMINIUM PROJECT BUILT AFTER THE EFFECTIVITY OF THIS REVISION (7TH REVISION) SHALL REQUEST FOR AN ASSIGNMENT OF VALUES FROM THE TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION, WHICH IS BEING CHAIRED BY THE ASSISTANT DIRECTOR. PROVINCE : NCR CITY/MUNICIPALITY : LAS PIÑAS CITY BARANGAY : MANUYO DOS

PROVINCE : NCR CITY/MUNICIPALITY : LAS PIÑAS CITY BARANGAY : PULANG LUPA UNO

CITY/MUNICIPALITY : LAS PIÑAS CITY VICINITY

THURSDAY, DECEMBER 7, 2017

CLASSI- 7TH REV FICATION ZV/SQ. M

MARICIELO VILLAS

55,000.00

60,000.00

10,000.00

15,000.00

12,000.00

18,000.00

20,000.00

CASIMIRO TOWNHOMES IV

20,000.00

30,000.00

CASIMIRO TOWNHOMES PHASE 1&2

20,000.00

25,000.00

8,000.00

MERITVILLE TOWHOMES

12,000.00

15,000.00

VERAVILLE TOWNHOMES II

15,000.00

VISTA RIVA TOWNHOMES(VISTA RIVA QUIRINO)

15,000.00

PASEO DE VERDE

TOWNHOMES:

15,000.00

2ND REYVILLE SUBDIVISION

8,000.00

BENFRAN LOOP

10,000.00

BUENCAMINO COMPOUND

8,000.00

CAMELLA HOMES III-A

10,000.00

CAMELLA HOMES III-B

10,000.00

CAMELLA HOMES III-C

10,000.00

CAMELLA HOMES III-F

10,000.00

CAMELLA HOMES III-IV

10,000.00

CASIMIRO VILLAGE I AND II

10,000.00

DELA CRUZ COMPOUND/BERAGO COMPOUND

8,000.00

GREENVIEW VILLAGE

12,000.00

20,000.00

LAS PIÑAS VILLAGE

12,000.00

30,000.00

MANILA TIMES VILLAGE

15,000.00

20,000.00

25,000.00

30,000.00

15,000.00

40,000.00

30,000.00

MANUELA IV

12,000.00

20,000.00

MANUELA IV-A

12,000.00

10,000.00

MANUELA IV-B

12,000.00

20,000.00

MANUELA IV-C

12,000.00

MANUELA IV-D

12,000.00

15,000.00

MANUELA IV-E

12,000.00

MANUELA IV-F

12,000.00

MANUELA IV-G

12,000.00

AZALEA HOMES

MANUELA V

12,000.00

BELISARIO SUBDIVISION

12,000.00

METROPOLITAN TOWN & CLASSIC HOMES

10,000.00

PERPETUAL HELP

12,000.00

CAMELLA HOMES V

12,000.00

TOLENTINO COMPOUND

8,000.00

CAMELLA HOMES VI

12,000.00

VERAVILLE GREENLANE

10,000.00

CITADELA EXECUTIVE VILLAGE

18,000.00

VERDANT ACRES SUBDIVISION

10,000.00

COUNTRY HOMES SUBDIVISION

12,000.00

VILLA CRISTINA SUBDIVISION (STA. CRISTINA VILLAGE)

10,000.00

VILLAGES/SUBDIVISIONS:

CAMELLA HOMES 3, 4

ST JOSEPH SUBD

MANUELA

15,000.00

VILLANUEVA COMPOUND

8,000.00

URCI TOWNHOMES

30,000.00

CC TORRE SUR

VICINITY

J. AGUILAR AVENUE (formerly CAA RD)

NAGA ROAD ( A. Asuncion Ave.)

ALL OTHER STREETS

VILLAGES/SUBDIVISIONS: AIRMENS VILLAGE

DBP SUBD

MAPAYAPA VILL

LOZADA CPD

DBP SUBDIVISION - NAGA ROAD

12,000.00

20,000.00

15,000.00

12,000.00

40,000.00 80,000.00

DOÑA JULITA SUBDIVISION

12,000.00

100,000.00

DOÑA PAZ SUBDIVISION

12,000.00

50,000.00

FR. DIEGO CERA HOMES

12,000.00

GUINTO SUBDIVISION

12,000.00

LAS PIÑAS ROYALE ESTATE I & II (Also in PULANG LUPA I)

15,000.00

MARTINVILLE SUBDIVISION

15,000.00

20,000.00

10,000.00

15,000.00

VERAVILLE TOWNHOMES III

10,000.00

VERAVILLE TOWNHOMES IIIA

10,000.00

NOTES: * NO LONGER EXISTING

MANILA GARDEN HOMES LABOR UNION

**CORRECTED

MAPAYAPA VILL 1. ANY UNIT IN A PURELY RESIDENTIAL CONDOMINIUM (RC) PROJECT FOUND TO BE USED IN BUSINESS SHALL BE CLASSIFIED AS COMMERCIAL CONDOMINIUM (CC) AND TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED. 2. DEVELOPER/OWNER OF CONDOMINIUM PROJECT BUILT AFTER THE EFFECTIVITY OF THIS REVISION (7TH REVISION) SHALL REQUEST FOR AN ASSIGNMENT OF VALUES FROM THE TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION, WHICH IS BEING CHAIRED BY THE ASSISTANT DIRECTOR. BARANGAY : PILAR VILLAGE

PILAR VILLAGE

ET TOWNHOMES

VICINITY

DON ANGELO KING SUBDIVISION

TOWNHOMES:

STREET/SUBDIVISION

CLASSI- 7TH REV FICATION ZV/SQ. M

TRAMO NAGA ROAD

MGHE LABOR UNION VILL MARTINVILLE

AIRMENS VILL

MOUNT CREST SUBDIVISION

12,000.00

SAN ANTONIO VALLEY 7

12,000.00

SILVER CREST SUBDIVISION

12,000.00

ST JOSEPH PARK (SUBDIVISION) NAGA

12,000.00

TOPSVILLE SUBDIVISION

10,000.00

VERAVILLE HOMES III (SD)

15,000.00

12,000.00

PHASE 1 & 2

12,000.00

PHASE 3 & 4

12,000.00

VERGONVILLE SUBDIVISION

12,000.00

15,000.00

AIRMENS TOWNHOMES

40,000.00

CASIMIRO TOWNHOMES I AND II

20,000.00

TOWNHOMES/CONDOMINIUMS:

ET HOMES I, II AND III (TOWNHOMES)

35,000.00

CITISHELTER MANSION

VILLA CELINA TOWNHOMES

35,000.00

ALL OTHER STREETS

PHASE 5

12,000.00

VILLA ISABELITA SUBDIVISION

DONA PILAR AVE.

20,000.00

WOODRIDGE SUBDIVISION

12,000.00

20,000.00

TOWNHOMES:

15,000.00

30,000.00

NOTES: * NO LONGER EXISTING 1. ANY UNIT IN A PURELY RESIDENTIAL CONDOMINIUM (RC) PROJECT FOUND TO BE USED IN BUSINESS SHALL BE CLASSIFIED AS COMMERCIAL CONDOMINIUM (CC) AND TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED. 2. DEVELOPER/OWNER OF CONDOMINIUM PROJECT BUILT AFTER THE EFFECTIVITY OF THIS REVISION (7TH REVISION) SHALL REQUEST FOR AN ASSIGNMENT OF VALUES FROM THE TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION, WHICH IS BEING CHAIRED BY THE ASSISTANT DIRECTOR.

NOTES: * NO LONGER EXISTING **RENAMED 1. ANY UNIT IN A PURELY RESIDENTIAL CONDOMINIUM (RC) PROJECT FOUND TO BE USED IN BUSINESS SHALL BE CLASSIFIED AS COMMERCIAL CONDOMINIUM (CC) AND TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED. 2. DEVELOPER/OWNER OF CONDOMINIUM PROJECT BUILT AFTER THE EFFECTIVITY OF THIS REVISION (7TH REVISION) SHALL REQUEST FOR AN ASSIGNMENT OF VALUES FROM THE TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION, WHICH IS BEING CHAIRED BY THE ASSISTANT DIRECTOR.

REVISED ZONAL VALUATION – RDO NO. 53A – LAS PIÑAS CITY

6 THURSDAY, DECEMBER 7, 2017 PROVINCE : NCR CITY/MUNICIPALITY : LAS PIÑAS CITY BARANGAY : TALON UNO STREET/SUBDIVISION

PROVINCE : NCR CITY/MUNICIPALITY : LAS PIÑAS CITY BARANGAY : TALON SINGKO (cont.)

PROVINCE : NCR CITY/MUNICIPALITY : LAS PIÑAS CITY BARANGAY : TALON TRES VICINITY

ALABANG-ZAPOTE ROAD

CLASSI- 7TH REV FICATION ZV/SQ. M

STREET/SUBDIVISION

VICINITY

CLASSI- 7TH REV FICATION ZV/SQ. M

55,000.00

60,000.00

TOPLAND AVENUE

15,000.00

ALL OTHER STREETS

10,000.00

15,000.00

12,000.00

20,000.00

12,000.00

ARISTOCRAT VILLAGE

10,000.00

15,000.00

AUBURN PLACE

20,000.00

15,000.00

BAUTISTA COMPOUND

8,000.00

E. RODRIGUEZ COMPOUND/JIMENEZ COMPOUND

BAYANI SUBDIVISION

10,000.00

12,000.00

BF HOMES GOLDEN GATE

20,000.00

FESAN COURT

15,000.00

CARMENCITA VILLAGE

10,000.00

GREYMARVILLE SUBDIVISION

12,000.00

HOLY FAMILY 1-6

10,000.00

ZAPOTE ALABANG ROAD

CECILES R MONWLK

CASIMIRO I C

GOLDEN GATE

CRISMARCEL SUBDIVISION DELA CRUZ CPD

GOLDEN GATE

18,000.00

25,000.00

VILLAGES/SUBDIVISIONS: ADMIRAL PARK SUBDVISION

VILLAGES/SUBDIVISIONS: ARANDA COMPOUND

12,000.00

15,000.00

BF MARIPOSA(FORMER DONA PURISIMA VILLAGE)

10,000.00

MA. JUSTO COMPOUND

10,000.00

CENTERVILLE SUBDIVISION

10,000.00

PILAR JIMENEZ BAUTISTA COMPOUND

10,000.00

CHARDALE HOMES

10,000.00

QUIJANO/SERAFICO COMPOUND

10,000.00

RAMIREZ COMPOUND

10,000.00

EMAPALICO HOMES

10,000.00

RAMOS COMPOUND 2-6

10,000.00

GOLDEN GATE SUBDIVISION

10,000.00

RAMOS-GONZALES COMPOUND 2

10,000.00

GONZALES COMPOUND

8,000.00

REYES COMPOUND

10,000.00

PARAMOUNT VILLAGE

10,000.00

SAINT MARK’S VILLE HOMES

10,000.00

PELAYO SUBDIVISION

8,000.00

STA. RITA COMPOUND

10,000.00

RAMOS COMPOUND

8,000.00

ST. MARY’S VILLAGE

12,000.00

RIO GARDEN HOMES

12,000.00

TALON PROPER

15,000.00

SOUTHLAND ESTATE

15,000.00

ST. LOUIE VILLAGE

8,000.00

TOPMAN VILLAGE

20,000.00

ALL OTHER STREETS

8,000.00

25,000.00

40,000.00

TATANG EZEQUIEL COMPOUND

10,000.00

TORRENO COMPOUND

10,000.00

COUNTRY WOODSROW TOWN HOMES

35,000.00

ET HOMES GREYMARVILLE

30,000.00

12,000.00

SOUTHLAND ESTATE TOWNHOMES

30,000.00

CAMELLA TOWNHOMES CLASSIC

18,000.00

CASIMIRO TOWNHOUSE II

20,000.00

CASIMIRO TOWNHOUSE ALTEA

20,000.00

TOWNHOMES:

NOTES:

TOWNHOMES:

** SEE OTHER BARANGAY 1. ANY UNIT IN A PURELY RESIDENTIAL CONDOMINIUM (RC) PROJECT FOUND TO BE USED IN BUSINESS SHALL BE CLASSIFIED AS COMMERCIAL CONDOMINIUM (CC) AND TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED. 2. DEVELOPER/OWNER OF CONDOMINIUM PROJECT BUILT AFTER THE EFFECTIVITY OF THIS REVISION (7TH REVISION) SHALL REQUEST FOR AN ASSIGNMENT OF VALUES FROM THE TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION, WHICH IS BEING CHAIRED BY THE ASSISTANT DIRECTOR. PROVINCE : NCR CITY/MUNICIPALITY : LAS PIÑAS CITY BARANGAY : TALON DOS STREET/SUBDIVISION

VICINITY

ABEL NOSCE ST. ALABANG-ZAPOTE ROAD

ANSELMO TRINIDAD ST. BF RESORT AVENUE

CLASSI- 7TH REV FICATION ZV/SQ. M RR

20,000.00

30,000.00

55,000.00

60,000.00

15,000.00

20,000.00

30,000.00

ANGELA VILLAGE

15,000.00

CAMELLA HOMES I

20,000.00

15,000.00

20,000.00

STREET/SUBDIVISION

VICINITY

CLASSI- 7TH REV FICATION ZV/SQ. M

VILLAGES/SUBDIVISION/TOWNHOMES/ CONDOMINIUMS: RR

** 8,000.00

EQUITABLE VILLAGE

12,000.00

20,000.00

EVERLASTING HOMES ( fmr: MEDINA COMPOUND)

8,000.00

30,000.00

HANSUYIN SUBDIVISION

12,000.00

20,000.00

30,000.00

HAPPYVILLE SUBDIVISION

12,000.00

PEDRO SABIDO ST.

12,000.00

HOLY FAMILY

12,000.00

PONTE VERDE (VERDE ST.)

12,000.00

PAG-IBIG SA LAS PINAS

12,000.00

ALL OTHER STREETS

10,000.00

PARAISO SUBDIVISION

12,000.00

20,000.00

SAN ANTONIO VILLAGE

12,000.00

15,000.00

SIHANOUK SUBDIVISION

12,000.00

TALON SUBDIVISION

12,000.00

20,000.00

8,000.00

JUDGE BIENVENIDO TAN SR. AVENUE

VILLAGES/SUBDIVISION/TOWNHOMES/ CONDOMINIUMS:

ST MICHAEL SUBD

15,000.00

GLORIA DIAZ AVE

AGUILAR COMPOUND

12,000.00

AVENTINE HILLS AVE.

15,000.00

BERKLEY SUBDIVISION

15,000.00

20,000.00

BF RESORT VILLAGE

18,000.00

10,000.00

25,000.00

CAMELLA HOMES

12,000.00

DONNA VILLE BF HOMES

18,000.00

GLORYVILLE SUBD

12,000.00

ITALIA 500 SUBDIVISION

25,000.00

MANGGAHAN COMPOUND

12,000.00

MERIDA HOMES

40,000.00

MOTHER EARTH

12,000.00

PNB HOMES

12,000.00

SAN BEDA HOMES

12,000.00

SATIMA COMPOUND

10,000.00

ST. MICHAEL

12,000.00

STA CECILIA VILLAGE

12,000.00

18,000.00

15,000.00

20,000.00

VAA HOMES II

12,000.00

VENEZIA HOMES

12,000.00

80,000.00

50,000.00

BF VISTA GRANDE (TOWNHOMES)

35,000.00

CAMELLA MERIDA (TOWNHOMES)

40,000.00

CASTILLAN CLASSIC (TOWNHOMES)

FONTERA (TOWNHOMES)

IMPERIAL ROYALE HOMES (TOWNHOMES)

35,000.00

AGRO HOMES PH 1 & 2

8,000.00

35,000.00

BF PILAR SOUTHVALE

10,000.00

VERAVILLE EXECUTIVE HOMES II

40,000.00

VERAVILLE TOWNHOMES PHILAM

35,000.00

CHRISTIANVILLE (SUBD./CHRISTIAN VILLAGE)

8,000.00

VERAVILLE TOWNHOMES VII

35,000.00

DEL NOR SUBDIVISION

8,000.00

VERAVILLE VILLA GRANDE

35,000.00

DOÑA LEONCIA SUBDIVISION

8,000.00

VERAVILLE VILLA GRANDE CLASSIC

35,000.00

VERAVILLE VILLA GRANDE ROYALE

35,000.00

GOLDEN ACRES SUBDIVISION

8,000.00

VILLA FELISA TOWNHOMES

40,000.00

GREENVALLEY HOMES

8,000.00

HAMILTON HEIGHTS

8,000.00

JARN COMPOUND

8,000.00

MANUELAVILLE

10,000.00

METROCOR HOMES

8,000.00

MIKESELL SUBDIVISION

10,000.00

MOONWALK VILLAGE-APOLLO 1,2,3 & 3

10,000.00

15,000.00

TALON DOS PROPER

CONDOMINIUMS:

ALL OTHER STREETS

VERAVILLE ALEGRIA

LIT (Townhomes)

(P. Sacasas ST., BFRV)

CLASSI- 7TH REV FICATION ZV/SQ. M

ALABANG-ZAPOTE ROAD

CASIMIRO AVENUE

F. SANTOS AVENUE

PADRE DIEGO CERA AVENUE (QUIRINO AVENUE)

ALL OTHER STREETS

VILLAGES/SUBDIVISION/TOWNHOMES/ CONDOMINIUMS: CULASI compound FATIMA SUBDIVISION INFINITE EXECUTIVE HOMES PERPETUAL VILLAGE TRAMO SANTOS HOMES I ZAPOTE

TOWNHOMES: CASIMIRO TOWNHOMES E.A. HOMES (E.A. TOWNHOMES) ECOTREND VILLAS (TOWNHOMES) RHONAVILLE TOWNHOMES VISTA RIVA TOWNHOMES NOTES: * NO LONGER EXISTING

RR CR X RR CR X RR CR X

55,000.00 60,000.00 60,000.00 10,000.00 15,000.00 12,000.00 10,000.00 15,000.00 12,000.00

RR CR X RR CR X GP

20,000.00 30,000.00 25,000.00 8,000.00 15,000.00 12,000.00 *

RR RR RR RR RR CR RR RR RR CR X

8,000.00 9,000.00 8,000.00 9,000.00 9,000.00 12,000.00 9,000.00 9,000.00 55,000.00 60,000.00 60,000.00

RR RR RR RR RR

20,000.00 27,000.00 27,000.00 16,000.00 27,000.00

NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION OF REAL PROPERTY. WHERE IN THE APPROVED SCHEDULE OF ZONAL VALUES FOR A PARTICULAR BARANGAY -

**SEE OTHER BARANGAY 1. ANY UNIT IN A PURELY RESIDENTIAL CONDOMINIUM (RC) PROJECT FOUND TO BE USED IN BUSINESS SHALL BE CLASSIFIED AS COMMERCIAL CONDOMINIUM (CC) AND TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED. 2. DEVELOPER/OWNER OF CONDOMINIUM PROJECT BUILT AFTER THE EFFECTIVITY OF THIS REVISION (7TH REVISION) SHALL REQUEST FOR AN ASSIGNMENT OF VALUES FROM THE TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION, WHICH IS BEING CHAIRED BY THE ASSISTANT DIRECTOR.

NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION IN A PARTICULAR STREET/SUBDIVISION IN A BARANGAY, THE ZONAL VALUE PRESCRIBED FOR THE SAME CLASSIFICATION OF REAL PROPERTY LOCATED IN THE OTHER STREET/ SUBDIVISION WITHIN THE SAME BARANGAY OF SIMILAR CONDITIONS SHALL BE USED; AND

NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION OF REAL PROPERTY IN ONE BARANGAY, THE ZONAL VALUE PRESCRIBED FOR THE SAME CLASSIFICATION OF REAL PROPERTY LOCATED IN AN ADJACENT BARANGAY OF SIMILAR CONDITIONS SHALL BE USED.

b.) THE PREDOMINANT USE OF OTHER CLASSIFICATION OF PROPERTIES LOCATED IN A STREET/BARANGAY/ZONE, REGARDLESS OF ACTUAL USE SHALL BE CONSIDERED FOR PURPOSES OF ZONAL VALUATION. 3. ZONAL VALUES OF CONDOMINIUM UNIT/TOWNHOUSE: IF THE TITLE OF A PARTICULAR CONDOMINIUM UNIT/TOWNHOUE IS – a). A CONDOMINIUM CERTIFICATE OF TITLE (CCT), THE ZONAL VALUE OF THE L AND AND THE IMPROVEMENTS SHALLL BE TREATED AS ONE: OR

PROVINCE : NCR CITY/MUNICIPALITY : LAS PIÑAS CITY BARANGAY : TALON SINGKO

MARCOS ALVAREZ ST.

ALL OTHER STREETS

VICINITY

b). A TRANSFER CERTIFICATE OF TITLE (TCT), THE LAND AND IMPROVEMENT SHALL BE GIVEN SEPARATE VALUES i.e. ZONAL VALUE/GROSS SELLING PRICE/FAIR MARKET VALUE PER LATEST TAX DECLARATION WHICHEVER IS HIGHER AND, IN THE ABSENCE OF ZONAL VALUATION, PROPERTY SHALL BE VALUED PURSUANT TO RAMO 2-91.

CLASSI- 7TH REV FICATION ZV/SQ. M RR

20,000.00

30,000.00 6,000.00 15,000.00

40,000.00

12,000.00

40,000.00

VICINITY

a.) ALL REAL PROPERTIES, REGARDLESS OF ACTUAL USE, LOCATED IN A STREET/BARANGAY/ ZONE, THE USE OF WHICH ARE PREDOMINANTLY COMMERCIAL SHALL BE CLASSIFIED AS “COMMERCIAL” FOR PURPOSES OF ZONAL VALUATION.

STREET/SUBDIVISION

* NO LONGER EXISTING

NOTES:

PROVINCE : NCR CITY/MUNICIPALITY : LAS PIÑAS CITY BARANGAY : ZAPOTE

2. PREDOMINANT USE OF PROPERTY.

NOTES:

TOWNHOMES:

KENSINGTON GARDEN (TOWNHOMES)

7TH REV ZV/SQ. M 8,000.00 8,000.00 8,000.00 8,000.00 8,000.00 10,000.00 12,000.00 12,000.00 8,000.00 6,000.00

RAINBOW VILLAGE ROYAL SOUTH SUBDIVISION SOLDIER’S HILLS II ST SCHOLASTICA SUBDIVISION STO. NIÑO VILLAGE TERESA PARK VAA - TH MARCOS ALVAREZ VAA HOMES VILLA LUNINGNING SUBDIVISION VILLA PANGARAP TOWNHOMES/CONDOMINIUMS: RC 15,000.00 EMMAUS I (MARY IMMACULATE DEVT CORP) TOWNHOMES: RR 25,000.00 VERAVILLE HOMES IV VERAVILLE HOMES V / 5A RR 25,000.00 VERAVILLE III RR 25,000.00 VERAVILLE III-A RR 25,000.00 VERAVILLE TOWNHOMES RR 25,000.00 NOTES: * NO LONGER EXISTING 1. ANY UNIT IN A PURELY RESIDENTIAL CONDOMINIUM (RC) PROJECT FOUND TO BE USED IN BUSINESS SHALL BE CLASSIFIED AS COMMERCIAL CONDOMINIUM (CC) AND TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED. 2. DEVELOPER/OWNER OF CONDOMINIUM PROJECT BUILT AFTER THE EFFECTIVITY OF THIS REVISION (7TH REVISION) SHALL REQUEST FOR AN ASSIGNMENT OF VALUES FROM THE TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION, WHICH IS BEING CHAIRED BY THE ASSISTANT DIRECTOR.

TOWNHOMES:

STREET/SUBDIVISION

ROYAL PALM VILLA

CLASSIFICATION RR RR RR RR RR RR RR RR RR RR

SANTOS HOMES JOSEFINA COMPOUND SANTOS VILLAGE ZAPOTE PROPER

PROVINCE : NCR CITY/MUNICIPALITY : LAS PIÑAS CITY BARANGAY : TALON CUATRO

CHRIST THE KING (COMPOUND) VILLAGE

FRIENDSHIP ROAD ( DE VENECIA)

VICINITY

NOTES:

CARNIVAL PARK AVE.

STREET/SUBDIVISION

THE GROUND FLOOR OF THE RESIDENTIAL CONDOMINIUM SHALL BE CLASSIFIED AS COMMERCIAL AND TWENTY PERCENT (20%) OF THE ESTABLISHED VALUE SHALL BE ADDED THERETO. 4.

AREAS FOR PRIORITY DEVELOPMENT (APD). THESE ARE AREAS IDENTIFIED AS AREAS FOR PRIORITY DEVELOPMENT CERTIFIED TO AS SUCH BY THE HOUSING AND LAND USE REGULATORY BOARD (HLURB). IT IT IS UTILIZED FOR SOCIALIZED HOUSING, IT SHALL BE CERTIFIED TO AS SUCH BY THE PROPER GOVERNMENT AGENCY SUCH AS,PRESIDENTIAL COMMISSION ON URBAN POOR (PCUP), NATIONAL HOUSING AUTHORITY (NHA), ETC.

VILLAGES/SUBDIVISIONS:

SECOND SALE OF LOT IDENTIFIED AS LOCATED IN THE APD SHALL NO LONGER BE VALUED AS AN APD AND SHALL TREATED AS AN ORDINARY REAL PROPERTY. 5.

ZONAL VALUE OR FMV ESTABLISHED IN THE SCHEDULE OF VALUES OF ASSESSORS. THE ZONAL VALUES ESTABLISHED HEREIN SHALL APPLY IN COMPUTING ALL INTERNAL REVENUE TAXES (i.e. CAPITAL GAINS, CREDITABLE WITHHOLDING, ESTATE, DONOR’S AND DOCUMENTARY STAMP TAXES) DUE ON SALES, EXCHANGES, OR OTHER DISPOSITIONS OF REAL REAL PROPERTY. PROVIDED, THAT THE SAME IS HIGHER THAN (1) THE FAIR MARKET VALUE AS SHOWN IN THE SCHEDULE OF VALUES OF THE PROVINCIAL AND CITY ASSESSORS (i.e LATEST TAX DECLARATION) AND (2) THE GROSS SELLING PRICE AS SHOWN IN THE DULY NOTARIZED DOCUMENT OF SALE OR EXCHANGE AT THE TIME OF SALE OR EXCHANGE. PROVIDED, HOWEVER, THAT THE VALUE OF PROPERTY TO BE USED IN COMPUTING ESTATE AND DONOR’S TAXES SHALL BE (1) THE FAIR MARKET VALUE AS DETERMINED BY THE COMMISSIONER OF INTERNAL REVENUE (i.e. ZONAL VALUES) OR (2) THE FAIR MARKET VALUE AS SHOWN IN THE SCHEDULE OF VALUES OF THE PROVINCIAL/CITY/ MUNICIPAL ASSESSOR, WHICHEVER IS HIGHER.

World

THURSDAY, DECEMBER 7, 2017

Warnings over Trump plan on Israeli capital W ASHINGTON―President Donald Trump will recognize Jerusalem as Israel’s capital Wednesday, upending decades of careful US policy and ignoring dire warnings of a historic misstep that could trigger a surge of violence in the Middle East. A senior administration ofﬁcial said Trump would make the announcement―ignoring frantic warnings from US allies in the region and around the world―at 1:00 pm (1800 GMT) from the White House. “He will say that the United States government recognizes that Jerusalem is the capital of Israel,” a senior administration ofﬁcial said, speaking on condition of anonymity. “He views this as a recognition of reality, both historic reality,” the source added, “and modern reality.”

Plunging further into a decades-long dispute over a city considered holy by Jews, Muslims and Christians, Trump will also order to begin planning to move the US embassy from Tel Aviv to Jerusalem. “It will take some time to ﬁnd a site, to address security concerns, design a new facility, fund a new facility and build it,” the ofﬁcial said, indicating that the move would not be immediate. “It will be a matter of some years, it won’t be months, it’s going to take time.” The status of Jerusalem is a criti-

cal issue in the Israeli-Palestinian conflict, with both sides claiming the city as their capital. In a frantic series of calls, the leaders of Saudi Arabia, Egypt, Jordan, the European Union, France, Germany and Turkey all warned Trump against the move. Anticipating protests, US government officials and their families have been ordered to avoid Jerusalem’s Old City and the West Bank. Trump’s move comes close to fulfilling a campaign promise, and will delight his political donors and the conservative and evangelical base so vital for the embattled president. Most of the international community does not formally recognize Jerusalem as Israel’s capital, insisting the issue can only be resolved in final status negotiations. US officials talk of “threading the needle”―fulfilling Trump’s

Cesar Barrioquinto, Editor

campaign pledge, while keeping the peace process on the rails. The White House argues that such a move would not prejudge final talks and would represent the reality that west Jerusalem is and will continue to be part of Israel under any settlement. “President Trump remains committed to achieving a lasting peace agreement between the Israelis and the Palestinians and is optimistic that peace can be achieved,” a second official said. Trump “is prepared to support a two State solution... If agreed to by the two parties.” Critics say Trump’s approach is more like “splitting the baby” and could also extinguish his own much-vaunted efforts to broker Middle East peace while igniting the flames of conflict in a region already reeling from crises in Lebanon, Syria, Iraq, Yemen and Qatar. AFP

Missile testing raises flight safety concerns SEOUL―A North Korean ballistic missile was seen by the crew of several airliners last week, aviation authorities said Wednesday, raising concerns about the threat to civilian flights posed by Pyongyang’s unannounced tests. The North has conducted a flurry of missile tests this year in defiance of repeated international protests, including from aviation authorities. Pyongyang fired an intercontinental ballistic missile last week, which reached an altitude of 4,475 kilometers before splashing into the sea 950 kilometers east of its launch site, North Korean state media said. “A Korean Air jet flying to Incheon from San Francisco reported to Japanese controllers that its flight crew saw a flash from what was believed to be the North Korean missile,” a Korean Air spokesman told AFP. Four minutes later another Korean Air plane on a Los AngelesIncheon flight also reported the same sighting to Japanese control,

he said. A South Korean transportation ministry official, who wanted to remain unnamed, said the flight paths of both Korean airlines were some 220 kilometers away from where the missile landed. “In the clean dark sky, you can see flashes from a missile from that long distance,” he told AFP. Japan’s transport ministry also said air controllers in the country received reports of four such sightings. A Japan Airlines spokesman said the cockpit crew of one of its airliners, flying from Tokyo to London, “saw a bright flame falling down” over the sea of Japan. The reports from South Korea and Japan come after Hong Kong carrier Cathay Pacific said Monday that the crew of its flight from San Francisco to Hong Kong saw “what is suspected to be the re-entry” of the North Korean missile. Cathay said there was no current plan to change air routes, saying its plane was “far from the event location”. AFP

Sanctions behind rescues of North Koreans in Japan

LARGEST CAFE. Visitors wait for their coffee at the Starbucks store in Shanghai. Starbucks opened its largest cafe in the world in Shanghai on December 6 as the US-based beverage giant bets big on the burgeoning coffee culture of a country traditionally known for tea-drinking. AFP

Taiwan set to erase authoritarian legacy TAIPEI―Tributes to Taiwan’s former dictator Chiang Kai-shek will be removed across the island after lawmakers voted in favor of the mandatory axing of the symbols of its authoritarian past. The so-called “transitional justice” bill, which was passed late Tuesday, means that streets and schools will be renamed and statues taken down. It also paves the way for a full investigation into Chiang’s “White Terror”―a purge of his political opponents between 1947 and his death in 1975. Campaigners have long called for the names of unjustly jailed or executed victims to be cleared and perpetrators exposed. The bill said that authoritarian rule should be “stripped of legitimacy” as it violated freedom and democracy.

“For this purpose, institutions, schools, public buildings and spaces should be prohibited from displaying any commemorative symbols of authoritarian rule,” it said. “Related symbols and signs should also be removed, renamed, or otherwise disposed of.” President Tsai Ing-wen is expected to ratify the bill within the next two weeks. Public statues of Chiang are regularly attacked and hundreds now lie discarded in the grounds of his mausoleum outside Taipei. Since Tsai’s opposition Democratic Progressive Party (DPP) took the leadership and a majority in parliament from the Kuomintang (KMT) in elections in 2016, it has targeted Chiang’s legacy. Earlier this year it announced a hall in memory of the dictato―one of Tai-

pei’s most recognizable landmarks―would stop selling souvenirs depicting him, while references to him would be removed from its galleries. That move came on the 70th anniversary of a 1947 massacre which is estimated to have killed 28,000 people and was the prelude to the “White Terror” crackdown. Chiang’s public profile was also steadily eroded when the DPP first ruled the island from 2000-2008, including the renaming of the island’s main airport and his image being scrapped from bank notes. The new bill is the first time removal of authoritarian symbols has been made compulsory. Chiang fled to Taiwan and ruled the island under martial law after his nationalist Kuomintang troops lost a civil war in 1949 to the Communists on the mainland. AFP

TOKYO―A severe shortage of food and foreign currency as international sanctions bite are contributing to a fresh wave of North Korean “ghost ship” fishing vessels washing up in Japanese waters, analysts said. Exacerbating the phenomenon is the fact that North Korea has sold fishing rights to China in a bid to raise hard currency, forcing fishermen―often sailing rickety vessels―further out towards Japan in search of a catch. Dozens of North Korean fishing vessels wash up on Japan’s coast every year, but last month Japanese coastguards registered 28 cases, the highest monthly number since records began in 2014. There has been a record number of North Korean fishermen rescued alive―42 this year compared to zero in 2016―but there are still cases of “ghost ships”

packed full of bodies, with 18 corpses recovered so far this year. Japanese authorities say it is often hard to determine exactly how they died as the boats often drift for months before washing up in Japan. “Fishermen are desperate to meet annual catch goals, which are elevated to higher levels every year,” Toshimitsu Shigemura, professor emeritus of Waseda University and North Korea expert, told AFP. North Korean leader Kim JongUn ordered an increase in ﬁshing when he took power in 2013, analysts noted. “Since then, ﬁshermen have been frantically trying to meet [annual] catch goals, but what’s different this year is that they are traveling to distant waters in their fragile boats,” said Pyon Jinil, a leading North Korea watcher and writer based in Japan. AFP

OBITUARY Elaine Ruzul Ramos-Alanguilan

Former journalist Elaine Ruzul Ramos-Alanguilan, 44, passed away last December 5 after suffering from a lingering disease. Ramos-Alanguilan, an employee of Smart Communications at the time of her death, was a former business reporter of Manila Standard and Manila Times. Ramos-Alanguian was a journalist for about 15 years and served as president of the Economic Journalists Association of the Philippines in 2005. She is survived by husband Guillerson Alanguilan and sons Elrond Aleksi and Ethan Andrei Alanguilan. Her remains now lie at Funeraria L.A. Vasquez located at #6 Real Street, Manuyo Uno, Las Piñas City. Cremation is scheduled on December 9, 2017 (Saturday) at 4:00 p.m. at the Loyola Memorial Chapels and Crematorium in Sucat, Paranaque City.

BRUSH FIRE. A woman takes a photo as the Creek Fire burns behind a hillside near houses in the Shadow Hills neighborhood of Los Angeles, California, on December 5, 2017. More than a thousand firefighters were struggling to contain a wind-whipped brush fire in southern California on December 5 that has left at least one person dead, sent thousands fleeing, and was choking the area with thick black smoke. AFP

The righteous perish, and no one takes it to heart; the devout are taken away, and no one understands that the righteous are taken away to be spared from evil. Those who walk uprightly enter into peace; they ﬁnd rest as they lie in death. – Isaiah 57:1-2

LGUs

Jimbo Owen Gulle, Editor lgu@manilastandard.net editor.lgustandard@gmail.com

thursday, december 7, 2017

LocaL government units

CHRISTMAS ‘SLEIGH’. The humble pedicab become Santa Claus’ sleigh as it lights up the town plaza of Tabaco City, Albay as the centerpiece of the province’s Christmas lighting display. Tabaco is hailed as the ‘padyak capital’ of the Philippines, with about 3,000 pedicabs plying its streets as the city’s primary mode of public transport. Norman Cruz

In BRIef munti hosts mmFF Parade of stars ‘17 THe Christmas season will be grander in South, as the annual Metro Manila Film Festival Parade of Stars goes to Muntinlupa City. Muntinlupa, in coordination with Metro Manila Development Authority, will be hosting this year’s MMFF float parade on Dec. 23 rather than its traditional route along Roxas Boulevard in Manila and Pasay. In the official announcement of the 43rd MMFF entries last November, MMFF chairman Thomas Orbos said the MMFF executive Committee approved the local government’s invitation to host this year’s festival to commemorate Muntinlupa’s 100th founding year. Mayor Jaime Fresnedi expressed his gratitude to the committee as the parade will be one of the highlights of Muntinlupa’s Centennial Celebration. Muntinlupa Traffic and Management Bureau has announced the road blocking schemes as to the parade route and advised motorists to take alternative routes.

By Nash B. Maulana

AGUIARAN, Lanao del Sur―Most refugees in Barangay Pagalamatan here have hardly received relief assistance that government and humanitarian agencies usually give displaced families in evacuation centers.

But Maranao families affected by the devastating war in Marawi City have turned this unfavorable situation to show they have not lost the pride and sense of independence of the “People of the Lake,” as they are called. The Maranao nature is to

help each other especially in hard times, said evacuee Amir Sab Paisal Macatanong, who had offered his family’s parcel of land in Barangay Pagalamatan to 45 families that have sought refuge here since the start of the terrorist-led siege in Marawi in May.

Makati Mayor Abby Binay is all smiles as she hands a bag of goodies to one of the students of Pio del Pilar Elementary School who received their Pamaskong Handog bags on Monday. Over 100,000 public school students in Makati, from daycare to college students, will each receive a bag with food and a T-shirt as their Christmas gift from City Hall.

P200m in road funds for n. vizcaya town

SAN FeRNANDO, Pampanga―The provincial government has declared Dec. 11, Monday, as a special non-working holiday to celebrate Pampanga’s 446th Foundation Day by the virtue of Proclamation No. 2226 series of 1982. The celebration kicked

THe Philippines is hosting the Urban Resilience to Climate Change and Disaster Risk Reduction Management forum this week in Ilocos Norte. The event, hosted by the Department of environment and Natural Resources and ecosystems Research and Development Bureau, aims to brace the country for natural disasters that in the past had caused $1.7 trillion in global damage, impacting many urban populations. It runs until Dec. 8 in Laoag City. Ilocos Region is an area known to be adversely impacted by dryer weather or drought. The forum will provide an avenue for the exchange of information and coping mechanisms and adaptation strategies on the impacts of climate change and urbanization in the Association of Southeast Asian Nations region. “With the urban population expected to increase by at least 2.5 billion by 2050 according to UN reports, pursuing urban resiliency should be an important agenda for all policy and decision makers, resource managers, and environmental scientists and researchers”, said Dr. Henry A. Adornado, DENR- ERDB executive director. This event is consistent with the celebration of the Asean’s 50th Founding Anniversary with Philippines as the regional chair for 2017.

Soraya Alonto Adiong, however, sent three women officials―Bai-a-Labi Mariam Naik, municipal agriculture officer of Saguiaran, Marilou Sopocado, provincial coordinator of High-Value Crop Development Program, and Senior Agriculturist and Alfreda Te―to help develop a model self-reliant relocation site for evacuees hosted by residents of Pagalamatan. Macatanong said these women brought the first sign of hope the evacuees could survive by tilling the land in the village, even as

fierce fighting slowly tore Marawi apart. He then asked the evacuees to sit down and listen to the women talk on vegetable farming, and how to make a reasonable profit from this small endeavor. Usually, only IDPs in designated evacuation centers are regularly rationed with food and water and receive relief goods. Sopocado said in meetings convened by Task Force Bangon Marawi, a number of plans were drawn up, but they could hardly move forward with the conflict still raging in the city.

Subic fishermen refute ‘alarmist’ LNG yarn By Butch Gunio SUBIC BAY FREEPORT― Local fishermen have disputed claims by leaders of some activist groups in Central Luzon that the ship-toship transfer or STS operations of liquefied natural gas in Subic Bay endanger fisherfolk in the area, and that locals were not consulted about the project before its approval by the Subic Bay Metropolitan Authority. Resty del Rosario and Laureano Artagame, both officials of local Fisheries and Aquatic Resources Management Council, dismissed the claims and pointed out the negative reports came from personalities who do not represent the legitimate concerns

of fishermen from Subic Bay. The news items they referred to came out in the alternative news website Kodao and quoted Pamalakaya Central Luzon coordinator Alberto Roldan as saying that STS operations for LNG in Subic “endanger fisher folk as well as civilian establishments and communities in Olongapo City.” Pamalakaya is the Pambansang Lakas ng Kilusang Mamamalakaya, the leftist national federation of fishermen’s organizations. The report also quoted Marcelito Clemente, coordinator of the Central Luzon Alliance for a Sovereign Philippines or CLASP, as saying the project was “simply another case of profit above public safety for SBMA.”

Erring pocket miners along Benguet river to be ‘booted out’ By Dexter A. See ITOGON, Benguet― Pocket miners here who could not present “perfect” documents to legitimize their operations along the Ambalanga River will be “booted out,” the Cordillera office of the environmental Management Bureau said

Wednesday. Some 88 miners will be removed after a threemonth grace period granted to them lapses, EMB-CAR Regional Director Reynaldo S. Digamo said. One of the major conditions the miners have to comply with is to abandon the use of hazardous chem-

Pampanga celebrates 446th Foundation Day off Wednesday with a Mass at the Capitol grounds here led by Gov. Lilia Pineda and provincial employees. Pineda said the highlight of the Foundation Day includes cultural activities, a food festival, a beauty contest, dances, and the awarding of the Most Outstanding Kapampangan who are successful in their respective careers.

Macatanong said he has engaged other internally displaced persons in “regular sessions of discussion on their available options” to overcome a situation in which the supply of food― either for sale or given free― was scarce in the community. At the height of the conflict, Macatanong said the evacuees only received food from the Provincial Social Welfare and Development Office of the Lanao del Sur provincial government. Lanao del Sur Governor

SEASON OF GIVING.

AMADEO, Cavite―Vice Mayor Conrado “Rading” Viado has assumed the mayorship of the country’s “Coffee Capital” with the passing of Mayor Albert A. Ambagan Sr. due to a lingering illness last Dec. 3. Ambagan Sr. served just 15 months after winning the 2016 election over incumbent Mayor Benjardi Villanueva. He was previously mayor of Amadeo from February 15, 1989 to June 30, 2001, and vice mayor of the upland town from 1984 to February 15, 1989. Viado, a native of Barangay Tamacan here, will take the reins of the town and its 37,649 constituents, while top Councilor Leo Angelo Bayot will become Vice Mayor and the presiding officer of the Sangguniang Bayan, leading the nine municipal councilors. Apart from its famous coffee farms, Amadeo is known for the Balite Falls in Barangay Banay Banay.

By Romeo Dizon

By Abe Almirol

Refugees grow own food

viado becomes new mayor of amadeo

BAYOMBONG, Nueva Vizcaya―The national government has allotted more than P200 million for the development of major roads in the upland town of Ambaguio here. Governor Carlos Padilla said the fund will be used to develop the Pawak-Poblacion road, which will eventually lead to other road networks toward the towns of Asipulo and Tinoc in Ifugao province. “When these projects will be completed, Ambaguio will no longer be a dead-end town, but rather part of an interconnected road scheme that will boost its agricultural economy as well as eco-tourism potentials,” Padilla said. The road fund was allotted jointly through the Department of Tourism-Department of Public Works and Highways Convergence Program and the Department of Interior and Local Government’s “Konkreto at Ayos na Lansangan ang Daan Tungo sa Pangkalahatang Kaunlaran.” Padilla said P20 million will also be allotted to other development roads in other upland towns to attract more tourists in visiting its eco-tourism sites and attractions. The fund was earlier proposed by the Regional Development Council of Cagayan Valley under the Regional Infrastructure Connectivity Program through the initiative of former Governor Ruth Padilla. Ben Moses Ebreo

DENR hosts Asean climate confab in Laoag

The activities and the proclamation of the holiday covers only the two component cities and 19 municipalities in Pampanga. It excludes Angeles City, which is classified as highly urbanized city and operates independently from the province. The Department of Labor and employment stresses that since Dec. 11 falls on a Mon-

day, it is a no-work, no-pay day, unless there is a collective bargaining agreement between the employer and employees of the business concerned. employees who work during the holidays for eight hours will receive an additional 30 percent of their daily rate, while 100 percent is given if work rendered is in excess of eight hours.

icals in extracting minerals from the ore they have mined out of the tunnels in the area, Digamo said. This would prevent the repeated discoloration of the water in the Ambalanga River, which is an indication of the use of harmful chemicals in their mineral processing operations and

spilling their waste into the river system, he added. “We leave the matter up to the concerned pocket miners because they signed an undertaking for them to institute the necessary corrective measures in relation to the operation of their mineral processing plants,” Digamo said.

“We will monitor their compliance to their commitment. because if they will not be able to do so, they have to voluntarily leave their work places or else we will seek the assistance of law enforcers for them to be physically removed out of the place,” he stressed.

FULL BLOOM.

Senator Cynthia A. Villar (center) receives two bouquets at the 35th Anniversary of East West Seed’s ‘In Full Bloom’ event, in which she was guest of honor and keynote speaker. The senator thanked the company for helping farmers and for being the partner of the Villar SIPAG Foundation in its trainings on vegetable farming. Lino Santos

Life shopping

Isah V. Red, Editor Bernadette Lunas, Writer isahred@gmail.com thuRsday, decemBeR 7, 2017

T’S the most wonderful time of the year, so make way for a sleighful of excitement as Santa’s Reindeers travel all the way from the North Pole to visit Shangri-La Plaza for The Great Yuletide escapade! experience a different kind of Christmas as reindeers deck Shang’s halls, bringing joy to all throughout the holiday season. Be awed by Shang’s grand Christmas tree as it welcomes mall guests on their way in. From the décor to a delightful roster of events and performances, Shang’s special prancing visitors take center stage as they greet shoppers with merriment at every turn. Bring the Christmas cheer with you and share the spirit of giving when you take home your own furry friend. Adopt a Reindeer for only P300 and proceeds from the stuffed toys will go to the Unang hakbang Foundation to help children in underprivileged communities have a brighter future. Of course, Rudolph and the gang couldn’t have travelled from the North Pole without jolly St. Nick himself! have the little ones draw up their wish lists and take them to meet Santa at Santa’s Corner, Level 4, east Wing from 3:30 – 7:30 p.m. on Dec. 9,10, 16, 17, 22, 23; and 3:30 – 6:30 PM on Dec. 14, 15,18, 19, and 21. Admission is free, so don’t forget to take #SnapsWithSanta as a fee keepsake and visit Shang’s Facebook page to check out the photos. hop aboard the Shang holiday express as the train takes kids around the Level 4, Main Wing for a minimum purchase of P500 from any store at the Shang. And don’t forget to capture the #ShangYuletideescapade Instagrammable sights from the best angles. There’s so much more in store, so spend the holidays at the metro’s premier lifestyle destination and celebrate the season the Shang way. For inquiries, call 370-2597/98 or visit www.facebook.com/shangrilaplazaofficial. Follow the Shang on Instagram: @shangrilaplazaofficial.

The Great Yuletide Escapade Santa’s reindeers bring fun and festivities to the Shang

Santa’s reindeers bring Yuletide cheer as they welcome mall guests entering Shangri-La Plaza this holiday season.

The grandchildren of 1965 Presidential Candidates Ferdinand E. Marcos and Raul S. Manglapus, who were also political rivals throughout the former’s administration, celebrated their union at the San Agustin Church in Paoay, Ilocos Norte. Lawyer Michael Ferdinand M. Manotoc is the second among three sons of Ilocos Norte Governor Imee, eldest daughter of Marcos. Meanwhile, Carina Amelia G. Manglapus is the daughter of Francis, Manglapus’ youngest son. The pair officially got married in Makati City on Nov. 22, in a private family ceremony. In consonance with Ilocano culture, their “bales,” hold a traditional celebration when a couple gets married outside of their hometown. While Marcos won the 1965 presidency, Manglapus later spent years in exile in the United States, particularly during the martial law years. he founded the Movement for Free Philippines (MFP) and remained one of the leading Filpino opposition figures alongside the likes of Benigno “Ninoy” Aquino Jr. and Jose Diokno. When Marcos passed away in exile in 1989, he was among those who opposed the return of his remains to the country. Aside from political f lair, both shared an interest in culture and the arts, with Manglapus having remained a composer and musical performer until he passed away in 1999 and Marcos having instituted an age of cultural renaissance during his presidency. Both had also written books exploring democracy and political revolution. Their grandchildren, Mike and Cara, met over a decade later in 2014, at the wedding of Luis Marcos Araneta, the son of Marcos’ second daughter Irene. Cara had been a guest of Xandra Rocha, Luis’ wife.

Ilocano ‘Romeo and Juliet’ story emerges from grandkids of Marcos, Manglapus

Lawyer Michael Ferdinand M. Manotoc has recently married Carina Amelia G. Manglapus, initiating a reconciliation for their ‘rival’ families.

Though an unlikely pair due to their family histories and the Marcos-Manglapus feud, the two maintained their relationship and were blessed with a baby girl, Amelia Margarita (“Mia”) on March 2016. The baby girl has drawn the two families closer together, widening the path for reconciliation of political differences. Modern Ilocano marriages are primarily motivated by love more than any other consideration. This can be summed up in the saying, “Uray madi ti sangaili, no mayat dagiti agaddani, awan ti makatubeng (Though all the townspeople may be opposed to the match, if two people who come together like each other, nobody can stop them).” While Mike has his roots in Batac City, Ilocos Norte, Cara’s lineage can be traced to Tagudin, Ilocos Sur. Both their grandfathers served their provinces as congressmen and then went on to be elected as senators before Maros won the presidency, while Manglapus was later appointed foreign affairs secretary of Corazon C. Aquino, who succeeded Marcos. Neither Mike nor Cara, however, have expressed interest in entering politics. Cara has committed to a singing career, even joining the jazz band that Manglapuis had founded, and sometimes performing with another contemporary band. On the other hand, Mike has successfully pursued the law profession despite having initially been discouraged from doing so due to pressure resulting from Matcos’ prominence as a lawyer, particularly in topping the 1939 bar examination. Mike passed the bar in 2014, after graduating from the UP College of Law. Cara, meanwhile, is a product of Ateneo de Manila University with a degree in creative writing.

Life

thursday, december 7, 2017 isahred@gmail.com

HE hustle and bustle in the metro is enough to send any urbanite on the lookout for a quick break from the busy city scene. ShangriLa Plaza, the metro’s leading lifestyle destination, boasts two wings with stores offering high quality products and premium services – perfect for the “me time” we all deserve. Check these stores out and see for yourself!

What’s in Shang?

Shangri-La Plaza is the ultimate go-to spot for ‘me time’

The Stops

Bo’s Coffee Primo is the ideal chill spot for those looking to get some work or reading done while enjoying the convenience and proximity of Shangri-La Plaza’s many shops. Situated in a relaxing space on Level 3 of the Main Wing, Bo’s Coffee Primo is known for its good coffee and delectable pastries –Dulce de Leche Cheesecake and the Mocha Froccino are must-try menu items! Shangri-La Plaza is not only a shopping mecca, it also houses a premiere school for the arts for the budding fashion movers and shakers and creative trailblazers. The Institute of Creative Entrepreneurship, located on the Lower Ground Level of the East Wing, offers beginner, advance, and mastery courses for a wide array of art- and business-related subjects such as Fashion Design, Sewing, Styling, and Make Up. A fashion school in a mall is a good idea too; after all, where better to look for those fashion #goals than the East Wing’s Gucci, Alexander McQueen, and Givenchy, to name a few? It’s not that “skin is in” in the premiere lifestyle complex. It was never out. On the Lower Ground Level of the East Wing, you’ll find a salon dedicated to skincare – Skin 101. With a look that’s fun, inviting, and cozy, shoppers will find themselves booking a quick 45-minute Whitening or Seaweed Facial as they relax before their Cineplex date. One can’t say “wellness” and “relaxation” without thinking of The Spa; and that’s why this tranquil space on Level 6 of the East Wing is a must-visit for those looking for some R&R. Aside from its Signature Classic Massage, they offer something to treat and rejuvenate the face too – the Aroma Facial Massage. The Aroma Facial Massage soothes the face, effectively reducing the tension, lines, and pallor of daily living. But that’s not all – it boosts circulation too, encouraging toxin elimination and cell renewal. After a long day of shopping, sometimes the most alluring thing to do is to just sit down, kick off your shoes, and get lost in a good book. Nail Spa on Level 5 of the Main Wing offers exactly that, and that’s why it’s a cult favorite in the mall. Guests can take a quick breather from all the walking with the Express Hands or Express Feet services, but there’s always the option to stay a little bit longer and enjoy the Pamper or Bliss Hands or Feet treatment. Located at the North Wing of Shangri-La Plaza just along Internal Road is Planet Grapes – a casual yet sophisticated joint that is the embodiment of the restaurant’s tagline: “where street-

The Institute of Creative Entrepreneurship, located on the lower ground level of the East Wing, offers Fashion Design course among others.

Clockwise: Bo’s Coffee Primo, Nail Spa, Planet Grapes and Skin 101 outlets in Shangri-La Plaza

food meets wine”. Just last August, the well-loved wine bar started offering Tasting 101: beginner classes for those who have yet to discover and appreciate the wonderful world of wines. Learn about whites and reds, tannins and acidity, and so much more.

Other fashion, beauty, wellness, and relaxation spots

With over 500 shops, it’s going to take quite a number of visits to see and try out everything in the metro’s most established lifestyle destination.

Fashion finds are aplenty and Harlan and Holden, Gap, Joe Fresh, Mango, Old Navy, Rustan’s Department Store, Stradivarius, Topshop, and Zara are just a few of the stores you can visit to get your fashion fix. Styled and The Park should also be on the list of stores-to-visit. For some peace and quiet for an afternoon of work, reading, or even both, mall guests may check out Coffee Bean and Tea Leaf, Dome Café, Serenitea, Starbucks Coffee, and Toby’s Estate.

For health and wellness, shopping for the cutest and most effective workout gear is twice the fun at Certified Calm, New Balance, Nike, Toby’s Arena, and Wellness Concepts by Sportfit. Afterwards, head on over to Curves or Ride Revolution for a satisfying sweat session. Give your body a relaxing and rejuvenating treat at Basement Salon, Belo Medical Group, Bowmanbear Barbershop, Bruno’s Barbers, Nail Tropics, Vigen Million Hair, and Studio 546. Keep the nourishment coming and your eye-

sight in tiptop condition with great buys from Healthy Options, Art of Scent, Beauty Bar, The Body Shop, Crabtree & Evelyn, Elizabeth Arden, The Face Shop, Lush, Own Days, and Shiseido. Go full circle and cap off the day at Wine Story. The party may also continue at home with items from Epicurious and Titania Wine Cellar. For inquiries, call 370-2597/98 or visit www.facebook.com/shangrilaplazaofficial. Follow the Shang on Instagram: @shangrilaplazaofficial

Men’s and Women’s Cruise 2018 FOR Cruise 2018, Bottega Veneta presents a collection featuring bold, uplifting colors, intricate details, and breathtaking botanical prints. The results: women’s and men’s looks that personify a relaxed elegance. A plethora of intense, stunning shades permeate the collection. The women’s palette is led by burnt oranges, deep reds and pinks, dark navy and moss, burgundy and espresso, which go together in a most unusual and surprising way. “Nothing is tone on tone, or matchy-matchy,” explains Creative Director Tomas Maier. The men’s palette dips more into neutral territory than women’s does, but even the subdued pieces receive their own vivid punch, whether it be a red cardigan or bag, a cobalt blue knapsackeven a bright white pant. Among the materials featured are Nappa leather, suedes of calf and lamb, which appears in various forms, including nabuk, shearling and knit, which, when sewn together, create a texture that is both divinely soft and functionally reversible. Luxurious fabrics, such as double face cashmere and tech duchesse make strong appearances, but the majority of the collection features breezier, lighter fabrics like cotton drill and poplin, triacetate crepe and jersey knits, which bestow a Bright colors and relaxed elegance in Bottega nearly liquid-like appearance, thanks Veneta Women’s Cruise 2018 Collection to excellent tailoring.

The masterpieces of the season are the botanical prints that grace a significant portion of the collection. Wildflowers, field grass and butterflies seemingly swaying in the breeze adorn everything from shift dresses to tech duchesse skirts, cashmere cardigans to windbreakers, even bags and boots. “It’s a very tricky process since there are so many colors of shading within the flowers,” notes Maier. “Normally, you have two or four, but these prints often have over 30 colors. The shapes they appear on are very simple, so that removes any preciousness, and maintains a kind of restraint.” Even the base of the printed pieces required masterful consideration; Maier and his team painstakingly labored to achieve an appearance akin to antiquated parchment paper, but here, duchesse, cashmere and snakeskin stand in for the parchment. “It’s crazy,” he says. “But the result is something very special.” Prints also turn up in the form of the butterfly, a Bottega Veneta heritage symbol. Dozens of them fluttering about adorn a dress’s neckline, then dissipate as the eye moves downward. “It’s as if a butterfly got lost,” explains Maier. “The fabric is treated in two tone, and the contrasted effect really stands out.” A profusion of bags is offered in vibrant tones of cobalt, bright pink and fiery red. Two new shapes make their debuts: The Chain Knot, which Maier

extended in size to accommodate a few more essentials, and the Piazza bag, a new silhouette that possesses a refined modern air, and comes with both a long shoulder strap and a shorter grip-able handle. Finally, pulled from the archives of 2002 is the return of the Loop, updated with new hardware. Heels dominate in an array of pumps, from a patent calf botanical print Mary Jane and laceup boot to a more classic black Nappa version with delicate intrecciato detail. Men can choose from a number of twotoned document cases, multi hues of the Brick Knapsack and dark duffels, while a loafer and white calf sneaker round out the shoe selection. Rings, bracelets and earrings featuring pale brown stones accent the looks. Attention to detail is ubiquitous: playful geometric touches adorn the edge of a purse, a tennis stripe stretches down a pant leg, striped socks juxtapose a botanical print Mary Jane pump, with knee-flirting hemlines allowing the shoe and sock their moment. “At this time of year, it’s beginning to get dark outside earlier, and I think about what the customer wants to wear,” explains Creative Director Tomas Maier. “These uplifting colors are antidotes for this time of year.” In the Philippines, Bottega Veneta is exclusively distributed by Stores Specialists, Inc., and is located at Greenbelt The men’s palette dips into neutral territory but with vivid touch 4 and Shangri-La Plaza East Wing.

THURSDAY, DECEMBER 7, 2017

ZION AQUINO

One of Awit Awards’ biggest winners

Rising balladeer Zion Aquino

USIC industry newcomer Zion Aquino is all smiles after receiving three trophies at the 30th Awit Awards on Nov. 26 at the KIA Theater. He won Best Ballad Recording for “Ever My Only Love,” Best R&B Recording for “Really Over You” and Best Performance by a New Male Recording Artist for “Defenseless.” He is this year’s artist with the most number of nominated recordings, including “So Grateful”

in the Best Inspirational category as well as Best Performance by a Male Recording Artist for the song “Brave For You,” his current single. Bagging three awards out of ﬁve nominations came as a complete surprise to Zion’s manager and record producer Trina Belamide, who also penned all 10 tracks from the album titled Grateful Soul. “We were up against stiff competition from more popular artists, so I set my expectations low. It was (an) honor enough to receive ﬁve nominations from our peers. I told Zion that winning even just one of them would already be a bonus for us. So this kind of validation for our hard work is an unexpected and enormous blessing. I’m so thankful to Awit

Awards and to all fellow music practitioners who voted for us.” Belamide hopes these awards would pique people’s interest in Zion. “My wish is for everyone to give him a listen. He truly has such a special voice. Anyone who hears him for the ﬁrst time is almost always blown away buy that rich texture. Now that he has been noticed by the industry, hopefully he wins over the general public, too.” Zion Aquino’s So Grateful album, distributed by Star Music, can be streamed on Spotify and downloaded on i-Tunes, Amazon, and other digital platforms. CDs are also available at AstroPlus branches nationwide.

COMFORT CINEMA

Make FOX Movies Nights of Incredible even better with Food Panda deals

Mika Dela Cruz celebrates Araw ng Pag-basa

MIKA DELA CRUZ’s Araw ng Pagbasa with Quirino Elementary School students GMA Artist Center star Mika dela Cruz represented GMA Network during the annual Araw ng Pagbasa on Nov. 27 at Quirino Elementary School in Quezon City. Mika inspired the pupils with her well-internalized and comprehensive way of reading the life story of GMA Network Chairman and CEO Felipe L. Gozon entitled, Kapuso Mo, Atty. Felipe Gozon. Mika felt even more comfortable as the students were devoted in answering all her questions. “The kids were very attentive to the story and were engaged to reﬂect on its lessons. It made me feel good that I was effective in storytelling,” Mika said. One thing that the Kapuso star can take from the experience is that the next generation is already geared up for a brighter future. “I’m glad that I had the chance to do this with the students, kasi I was able to see how children think nowadays. This advocacy does not only help students develop their love for learning, but also to be inspired by our fellow Filipinos through reading,” Mika shared.

HOW can you enjoy the No. 1 Hollywood Movie Channel even more? With that central joy of Pinoy life: good food! FOX Movies Nights Of Incredible premieres with 44 iconic Hollywood blockbuster movies until the end of 2017. Savor blockbuster premieres with the food you love in the comforts of home. No more shushing noisy audience members or putting up with blinding cellphone screens! Beat the stress and traffic of the holiday season with your own cinema—and savor the Seven Movie Food Groups with the help of Foodpanda, the global food delivery service. Popcorn: There’s a reason why we associate popcorn with the movies. Sweet or savory, buttered or salted, flavored or plain, air-popped or recreated as chicken, cheese, jalapeno, or any other type of “popper,” popcorn is the original “once you pop, you can’t stop” snack—to complement “stay-glued-toyour-screen” flicks like The Magnificent Seven. Burgers: Meaty, cheesy, bacony, spicy—however you like your burgers, this most filling and iconic of sandwiches go great with rock-em sock-em movies like Assassin’s Creed. Tear off a bite during a lull in the action! Nachos: Whether you like them plain, smothered with cheese, slathered with guacamole, or dipped in salsa, nachos can be a light pica for you or a satisfying meal when combined with a salad. Why not have a serving or two while you enjoy the timeless story of Beauty and the Beast?

"Assassin's Creed" is an action adventure film based on the video game franchise of the same name

Hot dogs: Bring your own deﬁnition of “everything on it” when you order this versatile sandwich. Whether eaten on the run or at leisure, who doesn’t love a hotdog? Go ahead, chow down on one as you marvel at the masterful handling of moral dilemmas in Hacksaw Ridge. Pizza: No movie night at home is complete without pizza! No matter where you stand on the pineapples on pizza controversy, or the artisanal pizza debate, it’s hard to resist sinking your teeth into your choice of crust, stufﬁng, and toppings. It’s the best comfort food for movies that keep you on the edge of your seat almost the whole way through, especially Star Wars: Rogue One. Keep tissues handy for the ending—of both the movie and the pizza! Fried chicken: Greasy, messy, and oh-so-delicious, your favorite fried chicken is the kind of food nobody outgrows. Whichever way you like it, fried chicken can be a snack or an entire meal. How about some Koreanstyle wings while watching the gritty and acclaimed

CROSSWORD PUZZLE Thursday, December 7, 2017

ACROSS 1 Wait 5 Loose-fitting dress 10 Obsessed whaler 14 Denver’s altitude 15 Private teacher 16 Volcanic rock 17 Elevator maker 18 Psi follower 19 Natural resources 20 High spirits 21 Flood control 22 Stick 24 Naval officers 26 Browns lightly 27 Popeye’s affirmative 28 Egg qty. 29 Oman neighbor 33 Romantic ballad 38 River in Russia 39 Sacred images 41 Long hike 42 Capital of Nepal (var.) 44 At the time when 45 — Cruces, N.M. 46 Estuary 48 Takes the dais 52 Blending together 56 Teeny-tiny 57 Friend of Henri

58 Colt’s parent 60 Weight deduction 61 Protuberances 63 Bridge support 64 Singer — Adams 65 Cool place 66 Nonstop 67 Did a salon job 68 Television awards 69 Optical device DOWN 1 Big-city pollution problem 2 Distinguishing name of a book 3 Non-earthling 4 Pro votes 5 Unduly formal 6 Kind 7 Things on a list 8 Driving hazard 9 Farm vehicles 10 Kauai hello 11 Long-eared animals 12 Turn away 13 Foundations 23 Flow slowly 25 Fleming of 007 novels 28 Study 29 — it up (have some laughs) 30 Epoch

31 Picture border 32 Blight victim 33 Not worth a — 34 Ultimate degree 35 Meyers of “Kate & Allie” 36 Mid-Atlantic st. 37 Barely get by 39 From one perspective (3 wds.) 40 Music media 43 Nautical position 44 Move from side to side

46 Nostrum 47 Spring blooms 48 Decided on 49 Prepared for action 50 Nest on a crag 51 Woolen fabric 52 Polite address 53 Oblige 54 Unwary 55 Restful color 59 Does the wrong thing 62 Electrical unit

Logan? French Fries: Some might argue that fries are just a side dish, but with ﬂavors and the many variants—from camote to veggies other than potatoes—that they come in these days, fries have come into their own. And just as they go with just about any dish, fries complement any incredible movie! Ordering has never been easier; there’s no need to leave your TV when a few clicks on your mobile or computer can bring the feast right to you via Foodpanda. Let the app ﬁnd nearby restaurants, show you the menus, and make ordering a snap. As a bonus, viewers and diners can look forward to Saturday night FOX moviethemed takeaway packages, each with one VR viewer kit, allowing viewers to view exclusive content and movie trailers for the upcoming movies on the FOX Movies VR app. Get the FOX Movies VR and Foodpanda app, both available for download in the AppStore and Google PlayStore, today.

ALL SMILES. Zion Aquino shows off his Awit Awards trophies including his Best Performance by a New Male Recording Artist recognition

ISAH V. RED

Isah V. Red, Editor Nickie Wang, Writer isahred@gmail.com THURSDAY, DECEMBER 7, 2017

ISAH V. RED

SA JOURNALIST covering entertainment in the last two or so decades, I’ve always wondered how it is to be like the movie and TV stars, writers, producers and directors I see in award shows, like the Oscars, Golden Globes, Emmys or Grammys. They always look camera ready, knowing perhaps that they will be like ﬁshes in the ﬁshbowl with eyes all focused on them. Yet, they all come prepared, that’s a fact.

Well, when with a couple of entertainment writers, I attended the opening ceremonies at the recent Busan International Film Festival in South Korea, I didn’t expect, I (or we) would walk down the red carpet to our assigned seats. How did that happen, when we decided to just slip quietly to our assigned seats in the vast openair auditorium of the Busan Film Center? When our shuttle bus stopped, along with the other delegates, we were ushered towards where the VIPs were asked to wait in line. And I thought, it was because there were a lot of people, and the organizers merely wanted to make things right for each of the guests from across the globe. We stood in waiting, and then an usher asked us to sign our names, someone checked it on the list in the computer and then we were led to a waiting area. Then I heard our names called out on the speakers systems and we were told to walk on the red carpet. “Oh, my God!” I heard Lolit Solis exclaimed. It was a long walk, and we heard a polite applause from the crowd, after which we were led to our seats. It was raining hard and we could feel it inside. Some kind usherette handed us plastic raincoats that we put on se wouldn’t get wet. We saw delegates from all over the world, and then Film

The Busan International Film Festival, held annually in Haeundae-gu, Busan, South Korea, is one of the most significant film festivals in Asia.

MEMORABLE 2017

First red-carpet walk at int’l filmfest

(Left photo) The author (right) with FDCP chairman Liza Diño and showbiz columnist Lolit Solis. (Right photo) Yoona (left) and Jad Dong Gun (right), hosts of the opening ceremonies

Development Council of the Philippines Chairman Liza Diño ﬁnally arrived and joined us. A few minutes later the opening ceremonies began with an interesting choreography that symbolized the dynamics of the ﬁlm festival, now considered the region’s most vibrant. Hosting the ceremonies were Korean stars Yoona and Jad Dong Gun. It was

also where Olivers Stone was introduced as head of the festival jury along with Bahman Ghobadi (Iran), Agnes Godard (France), Lav Diaz (Philippines), and Jang Sun Woo (Korea) as members. The program was brief but substantial with a huge LED screen on the background and two other giant screens on both sides of the stage for everyone to see the

proceedings up close. The ceremony marked the ofﬁcial start of the festival. Then the delegates went back to their respective hotels and met up later at the reception in a hotel fronting the beach. Seven Filipino movies were screened at the 22nd Busan International Film Festival, among which was Sonny Calvento’s

Celebrate the holidays with your FYI favorites THIS month, get inspiration for cooking up a flavorful feast, find out how you can spruce up your tiny space, and take a look at the intricate workings of family and relationships as FYI, the leading contemporary lifestyle channel keeps you company during the most wonderful time of the year and helps you start gearing up for a fresh one. FYI is serving up brand-new series Pressure Cooker, where each hour-long episode explores a different American city with 3 teams competing for culinary glory and a cash prize. Each team is given only five hours to source and prepare 3 top-class courses at a specially constructed set kitchen at an iconic location in the town or city center. Tune in as the show kicks off in the farmlands of Vermont, 8 p.m. tonight. The resident handymen of Tiny House Nation are bringing you more seasonal specials, starting with A Tiny X-Mas, 8 p.m. on Dec. 25. Enjoy the holidays with John Weisbarth and Zack Giffin as they go through ‘The 12 Zack Hacks’ they like the best. Then on Dec. 26 at 8:30 p.m., catch FYI Philippines special, Ace This Space, where Tiny House Nation’s John and Zack heed a cry for help while in Manila for HISTORYCon. 14-month-old Toby Tayag needs more room to play, so together with local carpenter Mike, the boys pull out all the stops in their toolbox

Ace This Space

of tricks. But is two days enough for them to ace tiny Toby’s tiny space in time to catch their flight home to the US? It’s not always a bed of roses in relationships as some of the most intimate, surprising, and even uncomfortable moments of couples are in the spotlight when they move in together in A Question of Love. Three couples dare to find out where love can survive the truth: Nicky reconsiders moving in with Jamie; Ish faces flak due to the lies he tells to avoid conflict; Amanda plans to rekindle her relationship; Andrew’s drug addiction worries Emily. Don’t miss new episodes. Saturdays at 9:50 p.m.. Get the most of your space with inspiration from new episodes of Tiny House Hunting! Meet the newest of the tiny home seekers, Sarah and Albert, as they hunt for a budget home in Texas in the hopes of doing away with their high mortgage payments. Follow their quest for the perfect tiny space Mondays at 8 p.m.. Watch out for more episodes of You Can’t Turn That Into A House, a half-hour series where Missouri-based brothers Taimoor and Rehan Nana, along with their partner and architect Kyle Davis, use their out-of-the-box ingenuity and renovation skills to build amazing living spaces out of totally impossible locations. Watch them work their magic Tuesdays at 8 p.m.

Nabubulok. We caught the screening of the film at a Lotte cinema across the Busan Film Center. Calvento’s movie focuses on a murder case. A woman is suspected to have been murdered, and the neighbors’ think her American husband did it, The Busan website describes Calvento’s film as “part thriller and part social critique…[which] asks if the rot is in the house, the marriage, the town, or in Philippine society.” I found the film wanting in so many things to make the narrative tight, but many “indie” patrons would insist that it is the new cinematic language adopted by millennial directors, which I, of course. don’t buy. The following day, we visited, the Asian Film Market a block away from the Busan Film Center. A Philippine booth has been set up by Diño’s FDCP and was

competing with other film groups from other countries. Diño said that the first questions asked by people who show interest in Filipino films include what kind of sound do the films have (Dolby 5.1 or 7.1). “It merely demonstrates how should we face the international market, we shouldn’t be content with monophonic sound. Audiences are looking for hi-tech entertainment and even small films should have decent sound engineering and design,” Diño said. I don’t know how many films have been sold in the market, but I am sure those manning the booth now know what kind of films they should bring to next year’s Asian Film Market. As for me, I think I will be ready for another red carpet walk in next year’s film festival, should I get invited again.

MCAD film screenings keeps Christmas sprit alive IN THE spirit of Christmas, the Museum of Contemporary Art and Design (MCAD) at De La Salle-College of Saint Benilde (DLS-CSB) offers five free movie screenings during the Yuletide Season. Screening started yesterday with Joyeux Noel, a German film from 2005. On Christmas Eve of 1914, a remarkable event took place in the trenches where the Germans faced the British and the French. There was a spontaneous ceasefire, as the troops on both sides laid down their weapons and observed the birth of the Savior in whose name they were killing each other. The musical Babes in Toyland is the featured film on Dec. 8. Inspired by the popular operetta by Victor Herbert, Laurel and Hardy star as Ollie Dee and Stanley Dum who try to raise funds to help Mother Peep pay the mortgage on her shoe house and prevent the evil landlord Barnaby from marrying her daughter Little Bo Peep. Upon its release in 1934, critics described the movie as “authentic children’s entertainment.” Two animated films from the ’80s will screen on Dec. 9. Mickey’s Christmas Carol is the Disney-version of the classic tale

by Charles Dickens. A Christmas Carol, with Scrooge McDuck as Scrooge, Donald Duck as his nephew Fred, Mickey Mouse as Bob Cratchit, Goofy as Jacob Marley. This will be followed by The Snowman, which, like the book by Raymond Briggs upon which it is based, is without any dialogue. On Christmas Eve, a young boy builds a snowman that comes to life and takes him on an adventure to the North Pole to meet Santa Claus. Rare Exports: A Christmas Tale is a dark film from Finland. Pieter and his friend Juuso discover the real identity of Santa Claus after an archaeological dig near their area finds Santa’s tomb. Soon after, children mysteriously disappear and the people find slaughtered reindeer in their town. It will be shown on Dec. 13. For more information, please visit www.mcadmanila.org.ph. All screenings will be held at the MCAD Multimedia Room, with two showings each day, at 12 noon and 3 p.m. All shows are free and open to the public. The Museum of Contemporary Art and Design is located at the DLS-CSB School of Design and Arts Campus, Dominga Street, Malate, Manila.