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Rody neutral on Speaker bet Solons told to sort it out among themselves By Nat Mariano

RESIDENT Rodrigo Duterte on Tuesday said he will no longer endorse a candidate in House speakership race, urging congressmen to “sort it out among themselves.” In a speech after the oathtaking of local ofﬁcials afﬁliated with Hugpong ng Pagbabago in Malacañang, the President said he asked outgoing House Speaker Gloria Macapagal-Arroyo to

choose her next successor. Arroyo, however, declined to have the ﬁnal say on the matter. “I told her [Arroyo], ‘I will ask a favor from you. You should decide since you’re the most senior here.’ [But] they all laughed at me, I told them I wasn’t fooling around,” Duterte said.

“Ma’am [Arroyo] should decide to spare me from the agony of choosing [because] I don’t want to hold grudges because they’re all my friends,” he added. The President also joked that she would jail Mrs. Arroyo if she declined to choose the next Speaker. “F*ck *t, if she doesn’t want to choose, I will put her to jail again,” Duterte said, but Arroyo still declined. Duterte said Leyte Rep. Martin Romualdez approached him to express his interest in the speakership. Romualdez, along with Taguig congressman-elect Alan Peter Cayetano and Marinduque Rep. Lord Allan Velasco, also want to be Speaker. Next page

TOGETHER THREE. Photo for posterity is shared during the Hugpong ng Pagbabago Thanksgiving Night Monday at the Peninsula Manila in posh Makati City, with President Rodrigo Duterte (left), Speaker Gloria Arroyo (center) and Leyte Rep.-elect Martin Romualdez. Contributed Photo VOL. XXXIII • NO. 132 • 3 SECTIONS 16 PAGES • P18 • WEDNESDAY, JUNE 26, 2019 • www.manilastandard.net • mst.daydesk@gmail.com

UN HCR frets over Manila’s war on drugs

Gov’t allows access to China fishers in PH waters By Nat Mariano THE government will continue to tolerate the operation of Chinese fishing vessels within Philippine territorial waters, President Rodrigo Duterte said Monday night. Speaking to reporters after a movie premier, the President invoked the friendly relations between Manila and Beijing and said the Philippines would not prevent the Chinese from fishing in Philippine waters. This friendship, he said, would prevent “a bloody conclusion” to any incident that might occur in the West Philippine Sea. He also said China would not allow itself to be barred from fishing in areas within the Philippines’ exclusive economic zone (EEZ). The President’s remarks follow the June 9 ramming and sinking of a Filipino fishing boat near Recto Bank in the West Philippine Sea. The boat’s captain, Jonel Insigne, said he would ask the government to ban Chinese fishermen from the Recto Bank, after the Chinese abandoned him and 21 others in the open sea after their boat sank. Next page

By Nat Mariano THE Office of the United Nations High Commissioner for Human Rights has expressed concern again over the number of deaths recorded under President Rodrigo Duterte’s crackdown on illegal drugs. In a statement, UN High Commissioner for Human Rights Michelle Bachelet said her office monitors very closely the human rights situation in Manila. Despite acknowledging the governmentbacked data showing the “real numbers” in the widely criticized campaign, Bachelet said the UN views the number of deaths as “extraordinarily high.” “The extraordinarily high number of deaths—and persistent reports of extrajudicial killings—in the context of campaigns against drug use continue. Even the officially confirmed number of 5,425 deaths would be a matter of most Next page

Cabinet purge in the offing By Nat Mariano PRESIDENT Rodrigo Duterte could revamp his Cabinet and assign Agriculture Secretary Emmanuel Piñol to another post, but he has not hinted anything, Malacañang said Tuesday. Presidential Spokesman Salvador Panelo said Duterte did not mention any supposed plan to make some changes in his Cabinet or to name another Agriculture secretary. “I have not received any word on that... He [Duterte] has not mentioned anything,” Panelo said. “We’ve heard for several months that Secretary Piñol will be replaced, but so far nothing has happened.” Panelo also said Duterte still trusted Next page

Cebu top cop named PCSO GM MARKED CONTRAST. While a prototypical faucet in Metro Manila drips, no thanks to Manila Water and Maynilad

Water Services, Araneta Avenue in Quezon City is submerged Tuesday following a heavy downpour, no gratitude either to Tropical Depression ‘Dodong,’ forcing an unidentified man to carry his bicycle while wading through the four-lane avenue lined by office buildings and funeral parlors. Lisa Marie David

‘Dodong’ manna from heaven amid water crisis

By Rio N. Araja and Maricel V. Cruz TROPICAL Depression “Dodong” is expected to enhance the southwest monsoon, bringing rains to Luzon—including the Angat watershed in Bulacan, the weather bureau said Tuesday. On Monday night, the heavy rains that lasted until 4 a.m. Yesterday could ﬁll

Rescue dog bows out of service MEXICO CITY—Frida the rescue dog, a labrador retriever who gained worldwide fame for her heroics after the earthquake that devastated Mexico on Sept. 19, 2017, officially retired from duty Next page Monday.

more than 5,000 Olympic-sized swimming pools, causing ﬂooding in Quezon City, Navotas, Malabon, Valenzuela, Manila, Mandaluyong and San Juan, the state weather bureau said. Weather forecaster Lanie Bitogon of the Philippine Atmospheric, Geophysical and Astronomical Services Administration said that while Dodong is not expected to make landfall, it is

expected to intensify the southwest monsoon and trigger rain showers and thunderstorms over the western sections of Luzon and the Visayas Wednesday night. On Thursday, the monsoon rains are expected to prevail over Metro Manila, the Western Visayas and western sections of Central Luzon, where the Angat Dam can be found. Next page

Feline killers vs. NY rodents AN ARMY of silent assassins is stalking intruders in homes and offices across the US capital, but unlike Mafia hitmen or ninja mercenaries they have simple terms—a bowl of milk should do Next page as payment.

By Nat Mariano PRESIDENT Rodrigo Duterte has named Cebu City police Chief Royina Garma as the new general manager of the Philippine Charity Sweepstakes Ofﬁce, replacing Alexander Balutan who resigned last month. “It’s Garma of the PNP [Philippine National Police] who will replace Balutan. She is an Ilocana who’s from Cagayan Valley,” Duterte told reporters. He made the statement even as Armed Forces Chief Benjamin Madrigal Next page Royina Garma

270 SM scholars graduate THE Board of Trustees of SM Foundation will hold the 23rd presentation of SM scholar-graduates at the SMX Convention Center on June 26, 2019. This will be the first time that SM patriarch, Henry Sy Sr., will not be around to meet the young graduates who have benefited from a program he institutionalized in 1993 with the

acceptance of the first SM Foundation scholars. The SM College Scholarship program is the flagship program of SM Foundation. Borne out of his belief that education is the best defense against poverty, the scholarship program has grown to support over 1,500 college students and 2,000 tech-voc scholars at any given time. Next page

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WEDNESDAY, JUNE 26, 2019

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LP stalwart joins Robredo-Locsin fray

ENATOR Francis Pangilinan, a stalwart of the opposition Liberal Party, has condemned Foreign Secretary Teodoro Locsin’s language against Vice President Leni Robredo in social media saying the DFA chief “should be held to account for unprofessional conduct.”

In a statement, Pangilinan said: “While Secretary Locsin has already said sorry, we strongly condemn his rude, contemptuous, and insulting language for VP Leni Robredo in social media. “This kind of insolence and disrespect has no place in a civilized society and especially coming from the Secretary of the Department of Foreign Affairs, the office primarily responsible for the country’s international diplomatic relations.

Gov't... From A1 The government, however, provided assistance to the fishermen—the captain’s first request. “That area is claimed by both [China and the Philippines]. For them, China, it happened within their jurisdiction. For us, it’s within our jurisdiction because we have two conflicting claims of ownership,” Duterte said. The Palace on Tuesday said granting China access to Philippine marine resources was not treasonous. In a press briefing, Presidential Spokesman Salvador Panelo said Duterte might have considered the friendly relations between the two countries. “He said they will not allow it, but as far as they’re concerned, they have a historical right to that,” Panelo told reporters. “Number two, we will allow it because we’re friends. Then we will meet halfway. That seems his point,” he said. Panelo also argued the mere opening of the Philippines’ marine resources for others to exploit does not fall under the definition of treason, refusing to view Duterte’s decision as a “grant” to Beijing. “It’s not like that [grant]. It’s like you’re tolerating them. It’s not necessarily granted,” he said, noting that the country is permitted to allow a group to fish under the international law of the sea. “Why would it become treason? Under the ruling, you can grant. How can it become treason if it’s allowed?” Panelo said. This year, reports about the presence of Chinese maritime militiamen in the West Philippine Sea, the harassment of Filipino fishermen, and Beijing’s mass extraction of giant clams all in the Philippine-claimed waters made headlines, prompting the government to file a salvo of diplomatic protests. The Chinese government has not responded yet to Manila’s latest protest about the ramming incident. Also on Monday night, Duterte apologized to the 22 Filipino fishermen, saying their “little maritime accident” was not enough reason to challenge China’s military might. He said he saw the incident as “little” because there was no bloodshed. “Well, I’m sorry, but that’s how it is. It is a maritime incident. Little in the sense that there was no confrontation, there was no bloody violence,” Duterte said.

“The behavior of Secretary Locsin violates Republic Act 6713 or the Code of Conduct and Ethical Standards for Public Officials and Employees. His insults and impertinence are very unprofessional and notwithstanding his apology, he should be held to account.” In a related development, election lawyer Romulo Macalintal blasted Locsin for calling Robredo, his client, “boba” or stupid after she questioned the cancella“If you want to get even, well, that is not a reason to go to any military excise there. If you do that, there will be war,” he continued in a mix of English and Filipino. He said he was not belittling the fishermen’s ordeal, but said the incident did not justify heading into a military conflict with China. “This thing is little for anybody to bring in the grey ships or the warships,” he said. “There was damage, but luckily nobody died. So, I’m sorry if that’s what they are feeling.” On June 9, the Chinese vessel hit the FB Gem-Vir 1, leaving 22 of its crew stranded near the Recto Bank for four hours before they were picked up by a Vietnamese boat. According to the President, preliminary reports from the Philippine Coast Guard and the Navy on the incident were already sent to his office for review. He is still waiting for the official and final report, he added. Asked about the possibility of tapping a neutral party to investigate the incident, the President said, “Whatever satisfies the requirement of fair play and due process. Everybody should be heard.” “It if they (China) want another investigation, I’m okay with that. Or they can always also investigate on their own and we can confront each other with our evidence here,” he added. The President said China has promised to make reparations if the Chinese fishing vessel was proved to be at fault. “China says if it’s their fault, they will pay,” Duterte said. The owner of the Filipino fishing boat, the FB Gem-Vir, said they were seeking justice, not war. In an interview with GMA-7, Fe dela Torre, wife of the fishing boat’s owner, said they were simply looking for reparations, not a conflict. Justice Secretary Menardo Guevarra, who has championed a joint investigation with China, said neither side has yet discussed the mechanisms for such a probe. “To find out if the collision was intentional or accidental, it can easily be determined. The relevant issue of the inquiry would be to determine why the crew of the Chinese vessel did not help the Filipino fishermen [in distress],” Guevarra said. He reiterated his position that there would be no sovereignty issue in the proposed joint investigation. With Rey E. Requejo

'Dodong' ... From A1

Rody... From A1

“We are hoping for rains in Angat. That’s what we all want,” Bitogon told the Manila Standard. The water level at the Angat Dam, which supplies most of the potable water for Metro Manila, dipped further to 158.77 meters as of 6 a.m. Tuesday. The tight water supply has led to water service interruptions in Metro Manila. Sonia Serrano, PAGASA hydrologist, said they did not know if the rains will be enough to raise the water level at Angat. Customers of the two water concessionaires of the Metropolitan Waterworks and Sewerage System—Manila Water Co. Inc. and Maynilad Water Services Inc.—have been implementing more and prolonged water service interruptions due to Angat Dam’s low water elevation. Bitogon said Cavite, Laguna, Batangas, Rizal and Quezon (Calabarzon), and Occidental Mindoro, Oriental Mindoro, Marinduque, Romblon and Palawan (Mimaropa) must also brace for monsoon rains, especially those living in places at high risk of floods and landslides. “Dodong” was estimated at 615 kilometers east northeast of Aparri, Cagayan. Packing maximum sustained winds of 45 kms per hour near the center and gustiness of up to 60 kph, it was moving northeast at 25 kms per hour. Speaker Gloria Macapagal Arroyo on Tuesday called a hearing on the water situation in Metro Manila when told by Acting Administrator Jeci Lapus of the Local Water Utilities Administration of the severity of the supply problem being experienced by water distributors. Lapus said Metro Manila’s water concessionaires may seek additional water supply from water districts in nearby provinces to alleviate the water crisis. Lapus added that Manila Water Company Inc. and Maynilad Water Services Inc. should also help transport the water from adjacent provinces such as Cavite, Laguna and Bulacan.

Duterte then wondered why the burden to name the next Speaker was put on his back. “Why would you give your problems there to me? Choose any speaker...as long as [he or she is] Filipino, I’m fine with it,” Duterte said. “Don’t include me there. I never bothered you with [my] stuff. I never bothered you with [my] secretaries. Why would you do it to me?” he continued. “You can talk to each other,” he added, leaving the decision to the lawmakers to settle the matter. Earlier that day, Presidential Spokesman Salvador Panelo said Duterte’s preference for a House Speaker should not be considered as interference to the affairs of the House. Panelo later said lawmakers should not wait for the President to announce his preference. The President’s former aide, Senatorelect Christopher Go, confirmed that Duterte is not inclined to choose among the three PDP-Laban contenders for Speaker. In an interview with reporters, Go said the President just does not want to interfere in the selection of the House leader. With Macon Ramos-Araneta

Rescue... From A1 Frida, who adorably sniffed through the rubble in her protective goggles and booties in the hours after the tragedy, was sent into doggy retirement at 10 years old in a ceremony at the canine unit of the Mexican marines. “Our dear labrador Frida is starting a new era,” said Deputy Naval Minister Eduardo Redondo. “Frida stole the heart of all Mexico and thousands more abroad... Her bark always gave hope, and in moments of pain and uncertainty she brought relief.” Frida saved 12 people’s lives across her

tion of courtesy diplomatic passports of former Filipino diplomats. In a statement, Macalintal, who lost in the Senate race in the last elections, said he never thought Locsin would be “off-guard” in treating a lady, who also happened to be the Vice President. “Calling her ‘boba’ or stupid just because she made a remark that ran counter to his official action does not fit well to the fine gentleman that was Teddy Locsin I previously admired,” Macalintal said. “While you think that VP Leni may not be as intelligent as you, but I can assure you, Teddy Boy, that she is a very honest and sincere public servant and a distinguished companyera.” Locsin’s remarks against Robredo followed her comment that the cancellation of diplomatic passports of former government officials unjustly punished Filipinos and was tanta-

mount to siding with China. The cancellation was ordered after former DFA Secretary Albert del Rosario, who was carrying a diplomatic passport, was denied entry in Hong Kong. Del Rosario and former Ombudsman Conchita Carpio-Morales had earlier sued Chinese President Xi Jinping before the International Criminal Court. “Hey, Boba. That is precisely why I have ordered the cancellation of all courtesy diplomatic passports because I refuse to single out Del Rosario,” Locsin said on Twitter. “Will someone please do her the kindness to give her a brain? Here I am trying to do what’s right, which is to restrict diplomatic passports to real existing working diplomats so as not to devalue them abroad—and not pass them out as favors to retirees and friends,” he added.

Super wealthy Americans: Tax us some more

Asked if he was happy with the results of the drawing of lots for the office, Dela Rosa said “Of course.” He also said Senator Marcos got angry on learning she would have the office to be vacated by Trillanes, a fierce critic of President Rodrigo Duterte. “That's the only room left, so I told her she can't do anything about it because she was the last to draw,” Dela Rosa said. “I told her to call a priest and have her new office blessed. It would be difficult if she was possessed by bad spirits.” Dela Rosa said he was excited to work as a legislator. The former PNP chief considered being elected as a senator a new challenge in his life, but “I will not limit myself to being legislator only.” Senator Bong Go will have the office of another graduating senator, Gringo Honasan. He also plans a feng shui on it. He said there were many interior designers who had offered to arrange his would-be Senate office, but he didn’t want to spend for it. He jestingly told reporters he would just use Gringo’s office and remove “Grin” so “Go” would be left. The office to be vacated by defeated Senator JV Ejercito will go to Senator Francis Tolentino.

NEW YORK—“Tax us more!” was the message on Monday from about 20 superwealthy Americans who urged presidential candidates to back higher taxes on the wealthiest to confront climate change and other priorities. “America has a moral, ethical and economic responsibility to tax our wealth more,” said the group, which included George Soros, Facebook co-founder Chris Hughes, descendants of Walt Disney and the owners of the Hyatt hotel chain. “A wealth tax could help address the climate crisis, improve the economy, improve health outcomes, fairly create opportunity, and strengthen our democratic freedoms. Instituting a wealth tax is in the interest of our republic.” Signers pointed out that fellow billionaire Warren Buffett has said he is taxed at a lower rate than his secretary. The letter alluded to support among Democratic presidential candidates for higher taxes on the super-wealthy, including Pete Buttigieg and Beto O’Rourke. But the letter noted broad bipartisan support for taxing the super-wealthy, saying “some ideas are too important for America to be part of only a few candidates’ platforms.” It praised a proposal by Senator Elizabeth Warren that would lift taxes on those with more than $50 million in taxes, a measure expected to affect the 75,000 wealthiest families. The letter was signed by 18 people representing 11 families, plus one anonymous person. Many in the group have been associated with progressive initiatives on issues such as climate change and the growing wealth gap. Of about 40 countries, the United States is the sixth highest in terms of wealth concentration, according to data from the Organization for Economic Co-operation and Development. Taxing the super-wealthy “would slow the growing concentration of wealth that undermines the stability and integrity of our republic,” the letter said. “Today, major policies seldom come to pass without the prior support of wealthy elites or other wealthy interests. Division and dissatisfaction are exacerbated by inequality, leading to higher levels of distrust in democratic institutions—and worse.” AFP

serious concern for any country,” she said during the opening of the council’s 41st session on Monday. She said police and law enforcement agencies should present “comprehensive and transparent information” to explain the circumstances concerning the death toll, and investigations related to allegations of rights violations. “These could dispel any false allegations and help regain trust for the authorities,” Bachelet said, noting that there have been cases of intimidation against people who oppose the Duterte administration’s policies. The UN human rights chief said human rights defenders, including activists for land rights and indigenous peoples, journalists, lawyers, members of the Catholic clergy, and others who have spoken out “have received threats, sometimes publicly, from senior government officials.” “This creates a very real risk of violence against them, and undermines rule of law, as

well as the right to freedom of expression,” she said. Thjee National Union of Peoples’ Lawyers welcomed Bachelet’s statement, saying that its “tenor and tone apparently reflect the desired credibility, objectivity, transparency, and fairness on the matter.” NUPL president Edre Olalia said Bachelet’s statement “does not only underscore the urgency and imperative of squarely and decisively addressing the issue and concerns about these horrendous extrajudicial killings, but also other brazen human rights violations.” “Many of these transgressions are disguised or legitimized by the color of legality and official sanction including those against lawyers under attack,” Olalia said. The Philippine National Police welcomed the UN rights body’s acknowledgment of their data concerning the drug war. PNP Spokesman Col. Bernard Banac said Bachelet’s recognition of the “real numbers” show that the varying figures reported to UNHCHR by the special rapporteurs and its other sources “were not consistent with truth.”

“Their bloated figures don’t add up and cannot support any further need of the UN body to see the true and accurate picture of the Philippines’ lonely crusade against the global problem of illegal drugs,” Banac said. He said the police, in prosecuting the war on drugs, have followed standard procedures. But the rights group Karapatan said the PNP only played down the number of deaths, and said Banac’s statement shows they have a “very low regard for human life.” “I don’t know if the Philippine National Police are in their right minds. Whether that’s 5,000 or 30,000, there must be an independent and thorough investigation on the issue of extrajudicial killings,” Cristina Palabay, Karapatan secretary-general, told ABS-CBN News. “Even if the numbers are even 5, no? What we are saying, whether it’s 1 or 1,000 or 100,000, the point is the government is not doing anything about it and it’s continuing its deadly campaign,” she added. On the other hand, Banac maintained that they respect human rights, insisting that their operations are based on lawful orders.

Cebu... From A1

Cabinet... From A1

Igorots to exorcise Marcos' office By Macon Ramos-Araneta NEWLY elected Senator Imee Marcos said Tuesday she will likely get some Igorots to bless her new office―the room previously occupied by outgoing Senator Antonio Trillanes IV that she won after drawing lots for it. “Perhaps I will call some of our Igorots to bless the office,” Marcos told reporters after emerging from a two-hour long orientation for the newly elected senators and their staff at the Senate. The Igorots traditionally do ritual dances to drive away evil spirits and bad luck. Marcos likened the orientation as the first day of school. “Were the newbies, she said after the briefing. Asked what she learned from the orientation, Marcos said it would be embarrassing to say as she had long been serving in the government. She is an outgoing governor of Ilocos Norte and has also served as a congresswoman. Senator Ronald dela Rosa, who will occupy the extension office of Majority Leader Migz Zubiri, who is also leaving, said he was happy for not getting Trillanes’ office. He said he would have his office fixed according to feng shui. He also had his office undergo feng shui when he was a police director.

UN HR... From A1

said Major General Cirilito Sobejana, head of the Sixth Infantry Division, will take over the Western Mindanao Command on Friday. “The turnover will be on 28 June. He is most qualified, having been assigned there most of his career,” Madrigal said, in a text message to the Philippine News Agency late on Monday. “Sobejana is a Medal of Valor awardee and a dedicated officer.” Malacañang initially announced that Duterte had sacked Balutan, but Presidential Spokesman Salvador Panelo said later that Balutan had resigned. Balutan led the PCSO in 2016, but offered to step down in March this year following accusations of overspending for the PCSO’s Christmas party in 2017. Earlier this month, the 44-year-old Garma, a colonel, assumed office as the first female police chief of Cebu City, replacing Col. Joel Doria. She had also served in the President’s hometown Davao City as an administrative officer, then as head of Davao City’s Women and Children’s Protection Desk, and later as chief of Davao City’s Sasa and Santa Ana police precincts. Garma recently intensified a campaign to curb the illegal gambling in the city and strengthened the government’s anti-narcotic efforts. She is a graduate of the Philippine National Police Academy Class of 1997. With PNA

decade-long career as a search and rescue dog, the navy said. The emergency response efforts she took part in included earthquakes in Haiti and Ecuador in 2010 and 2016, respectively, and an explosion at the headquarters of Mexican state oil company Pemex in 2013. Her job after the 7.1-magnitude earthquake that shook Mexico City was to look for survivors in the rubble of the Rebsamen elementary school, where 19 children and seven adults were killed. Frida’s handlers removed her famous mask and booties at the ceremony, and she received a chew toy as a symbol of her new life in retirement. AFP

Health Secretary Francisco Duque III despite the claims he allowed a provincial office of Philippine Health Insurance Corp. to rent out land belonging to his family. “The presumption is you are innocent unless proven guilty beyond reasonable doubt,” Panelo said. “I think the secretary of Health still enjoys the trust and confidence of the President.” Duque on Tuesday vowed to cooperate in the investigation being conducted by the National Bureau of Investigation on the multibillion-peso bogus claims paid by PhilHealth to dialysis treatment centers. Duque, who heads PhilHealth’s board, made the commitment when he met with Justice Secretary Menardo Guevarra and NBI Director Dante Gierran at the Justice

Feline... From A1 For these covert agents are cats plucked from Washington’s streets that would otherwise be put down, and their quarry is the burgeoning population of rats and other rodents plaguing the city. The Blue Collar Cats program, created in 2017 as part of the city’s Humane Rescue Alliance (HRA), offers felines that aren’t used to human contact and wouldn’t make good pets as a green alternative to traps and toxic chemicals. These mousers for the most part have no interest in socializing and are largely unapproachable, meaning they are ideal for people who just want them for their killer instinct. “The Blue Collar cat receives from the property owner, in return for deterring rodents from the property, food and water on a regular basis, and shelter in inclement weather,” says Lauren Lipsey with the HRA. “The homeowner just agrees to provide emergency medical care if anything were to happen and just keep a general eye out for the well-being of the cat.” The HRA takes each potential client through a rigorous set of questions—including whether there are any pets on the property—to ensure a cat-friendly environment. AFP

department on Tuesday. Duque urged the public not to be distracted by the real issue involving PhilHealth. “Let us not get distracted. The issue is not about me. The issue here is about corruption and fraud, Duque said. Meanwhile, a source who requested anonymity said Duterte was disappointed with certain members of his official family. He said Piñol’s stint in the Cabinet was under review after he made headlines in his response to the Reed Bank incident, in which a Chinese boat rammed a Filipino fishing boat, and the country’s rice crisis last year. Finance Secretary Sonny Dominguez made the recommendation to the President to transfer Piñol, the source said, adding Piñol could be transferred to the Mindanao Development Authority. With Rey E. Requejo and Macon RamosAraneta

270 SM... From A1 School year 2018-2019 boasts of 270 scholar-graduates who will be meeting their benefactors, the children of “Tatang” and “Nanang” Sy. Among these graduates are 2 summa cum laudes: Jhon Angelo C. Virtucio, Bachelor of Science in Information Technology, Manuel Enverga University Foundation and Cristopherson A. Perez, Bachelor of Science in Accountancy, National University; 15 magna cum laudes; 31 cum laudes; and two graduates with academic distinction awards. Theme for this year’s presentation of scholar-graduates is “Celebrating Tatang’s Legacy” with SM Investments Corp. senior vice president lawyer Epitacio B. Borcelis, Jr. as guest speaker. Like previous presentations, parents and siblings join the graduates on this unique opportunity to meet their benefactors, the members the SM family and the Board of Trustees of the Foundation led by its chairman and president, Jose Sio. Testimonials will be given by graduates and select parents. As its tradition, each graduate will receive a hand watch with their names engraved from the Sy family. The occasion will be capped with dinner to be hosted by the family and SM Foundation.

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IN HOT WATER. Shown in photo (from left) are Dr. Sevillo D. David Jr., executive director of the National Water Resources Board, Maynilad president and CEO Ramoncito Saldua Fernandez and Manila Water president and CEO Engineer Fernando dela Cruz, during the House Committee on Public Works and Highways hearing on the water crisis on Tuesday, June 25, at the House of Representatives in Quezon City. Manny Palmero

Bay rehab assessment result issued THE Department of Environment and Natural Resources has disclosed the results of the vulnerability assessment on the rehabilitation of Manila Bay. Secretary Roy Cimatu said the study was able to identify some areas where the government and other stakeholders could work on insofar as the rehabilitation effort is concerned. The study was conducted by the DENR’s Ecosystems Research and Development Bureau would help stakeholders to “address the gargantuan task at hand more efficiently and effectively.” “We at the DENR believe that by investing in studies such as this, we would be able to find better solutions in solving not only the problem in Manila Bay, but also other issues within our mandate,” Cimatu said. ERDB supervising science research specialist Jose Isidro Michael Padin presented the results of the Manila Bay vulnerability assessment during the bureau’s first-ever annual technical seminar last June 17. Among the recommendations were the adoption of an intensified solid waste management program, stricter monitoring of polluting industries, and reforestation of watershed and mangrove areas to ensure the success of the efforts to rehabilitate the heavily polluted Manila Bay. Padin echoed the suggestion of the project team leader—Dr. Carmelita Villamor—to establish more materials recovery facilities in three regions covering Manila Bay for proper management of solid waste. Rio N. Araja

PNP: Bikoy no longer under police custody T HE Philippine National Police on Tuesday said Peter Joemel Advincula alias ‘‘Bikoy,’’ is no longer under its custody.

“He is no longer under the PNP protective custody. The assumption is that he is on his own and he is doing good,” PNP spokesperson, Col. Bernard Banac told reporters in a press brieﬁng. Advincula, the man behind a series of videos called “Ang Totoong Narcolist”, has submitted evidence to back up his claim that Senator Antonio Trillanes IV and several Liberal Party members were behind the series of videos against President Rodrigo Duterte and several members of his family. But Banac said Advincula is in constant coordination with police investigators every time there is a need for veriﬁcation of the claims he made against Trillanes, some members of the Liberal Party and even members

of the Catholic Church. The Criminal Investigation and Detection Group was tasked to verify the claims of Advincula and so far, his statements are continuously being veriﬁed, including his alleged meeting with Trillanes and some LP and church members. Banac said the investigation does not mean that they believe everything that Advincula is saying on the statements he gave to the CIDG. “They are all for validation and all his claims must be backed up by pieces of evidence,” the PNP spokesman said. “It may be his ﬁrst assumption that there are threats to his life but it is also likely that these have already subsided. For now, we are not giving him any security,” he explained.

Earlier, PNP chief Gen. Oscar Albayalde said Advincula is not yet off the hook despite his decision to voluntarily surrender to the police. Albayalde said it is the court that will decide should Advincula ask for protection. CIDG director, Brig. Gen. Amador Corpus said Advincula surrendered his desktop computer, a cellular phone which allegedly contains an exchange of text messages between him and the people he claimed to be behind the “Ang Totoong Narcolist” videos. Corpus said they are already coordinating with the security personnel of the places that Advincula mentioned to get copies of CCTV footages which may support his claims. He said Advincula was placed under protective custody on May 27 when he returned to the police. Advincula surrendered on May 23 to face estafa charges ﬁled against him but was later released after posting bail. PNA

GSIS adopts digital remittance system STARTING July 2019, the Government Service Insurance System will require government agencies to submit remittance documents electronically and will no longer accept the submission of printed remittance lists (RLs). “The complete shift to paperless transactions reduces paper production cost and yields savings in government resources. More than that, a paperless working environment enhances data organization, storage, and retention which are all vital in protecting the privacy and security of members’ records,” GSIS president and general manager Jesus Clint O. Aranas said. With this development, government agencies will be able to fully utilize GSIS’s web based facility, dubbed Electronic Billing and Collection System (eBCS), by downloading their billing files on the first day of the month and uploading their respective RLs electronically on or before the 10th day of the following month. Introduced in July 2014, eBCS aims to ensure the seamless and timely posting of GSIS members’ premium and loan payments. “After almost five years since eBCS was implemented, remitting officers of government agencies have been adequately trained and should be prepared by now to maximize the use of the system. Thus, hard copies of remittance files are no longer necessary,” Aranas said.

COSTUMED PROTEST. Climate activists from 350 organizations wearing inflatable Pikachu costumes troop in front of the Japanese Embassy in Pasay City on Tuesday, June 25, 2019, to challenge Japan to stop financing coal as it prepares to host the Group of 20 Leaders’ summit. Ey Acasio

Preliminary probe on killing of Chong aide ends PROSECUTORS on Tuesday completed its preliminary investigation against 23 policemen over the alleged murder of the aide of former Biliran Representative Glenn Chong and his female companion. The panel will rule shortly whether to bring the case to court or to drop the charges. Following the presentation of the witnesses, the National Bureau of Investigation and Chong decided to no longer reply to the counter-afﬁdavits of the respondents prompting the panel

to declare the case as submitted for resolution. The complaint ﬁled by the NBI stemmed from the killing of Richard Santillan and his female companion Gessamyn Casing in Barangay San Andres in Cainta, Rizal in December 2018, has named as respondents for obstruction of justice, Calabarzon police regional director Brig. Gen. Edward Carranza; Rizal provincial director Col. Lou Evangelista; and Cainta police chief Lt. Col. Pablito Naganag.

Two counts of murder and one count of planting of evidence were also filed against seven officers from the Cainta police station led by Lt. Sandro Ortega, four officers from the provincial office of the Philippine National Police Highway Patrol Group led by Capt. John Russel Barnacha and 10 operatives of Regional Special Operations Unit led by M/Sgt. Rene Eufracio. The NBI has concluded that the incident was a rubout and not a shootout as claimed by the police officers. PNA

Sokor leader pays tribute to ‘fallen heroes’ of Korean War SEOUL—Korean Prime Minister Lee Nak-yeo on Tuesday paid tribute to the fallen heroes of the Korean War for their great sacriﬁces in defense of freedom and democracy. Lee led the historic celebration of the 69th anniversary of the Korea War at the Jangchung Stadium here this morning. The war broke out on June 25, 1950, when tens of thousands of Chinese and North Korean soldiers

invaded South Korea. Twenty-one freedom-loving countries, including the Philippines, sent combat forces in response to the urgent call by the United Nations to help the beleaguered South Korean government. Hundreds of surviving South Korean soldiers now in their ‘80s and ‘90s attended the hour-long ceremony reminiscing their war exploits from 1950-55.

A Philippine delegation led by retired Lt. Gen. Ernesto G. Carolina, administrator of the Philippine Veterans Affairs Ofﬁce, is expected to arrive here Friday on the invitation of the South Korean government. In his speech, Lee cited the gallantry of the Koreans and allied troops, who fought the Chinese and North Korean forces in numerous pitch battles that held off the invasion of the enemy.

Ofﬁcial records show that 133,996 allied forces were killed during the war. The United States, which sent 1,789,000 troops, had 33,686 killed in action (KIA), the heaviest casualties among the allied forces. In his speech, Lee thanked the allied forces, who fought side-by-side with the South Koreans despite being outnumbered. PNA

TESDA director nabbed for alleged links with ASG A PROVINCIAL director of the Technical Education and Skills Development Authority is in hot water. Muida Hataman, TESDA’s provincial director based in Basilan, was arrested by a joint operation by soldiers and police for illegal possession of explosives in Isabela City, Basilan. According to Criminal Investigation and Detection Group Regional Field Unit 9 Chief PCol. Tom Tuzon, Hataman is believed to have links with the terrorist Abu Sayyaf Group. PNP spokesman Police Col. Bernard Banac said Hataman was arrested early morning on Tuesday (June 25) at Barangay San Rafael in Isabela City as a warrant for her arrest was being served. Seized from the TESDA ofﬁcial were several materials in making explosives such as blasting cap, chemical ingredients, four cellular phones, and two laptop devices. “Ang suspek ay kasalukuyang nasa kustodiya ng CIDG Region 9 at sumasailalim na po sa imbestigasyon at patuloy na inaalam ang possible pang kasamahan at iba pang gamit sa pampasabog na maaari pang nakatago sa ibang lugar,” Banac said. (The suspect is currently under the custody of the CIDG Region 9 and is now being investigated. [Authorities] are looking into some of her possible cohorts and other explosive materials that are still being kept somewhere.) Banac added that while the CIDG already had information that Hataman is connected to an ASG sub-unit, authorities are still verifying information regarding her true identity as the investigation goes on. “Patuloy pang inaalam ng mga taga CIDG kung ano ang kanyang background, kung meron ba siyang kinalaman sa grupong ASG at (kung) mayroong kamag anak at bakit nasa possession niya ang mga naturang gamit pampasabog,” Banac said. (CIDG personnel are still verifying her background—if she has links to the ASG, any relative and why she was in possession of bomb making paraphernalia.) Hataman is believed to be the wife of ASG subleader Radzmir Janatul.

BOC seeks help to probe hacking of own website THE Bureau of Customs is now coordinating with appropriate agencies in connection with the unauthorized intrusion into its website by some unscrupulous individuals. In a statement, Commissioner Rey Leonardo Guerrero on Tuesday reported that the bureau’s website has been hacked. He noted that the incident is an attempt by criminals to derail the computerization program of the bureau designed to promote efﬁciency, transparency and eradicate graft and corruption. The BOC chief said they have reported the hacking to the National Computer Emergency Response Team (CERT-PH) under the Cybersecurity Bureau of the Department of Information and Communications Technology. The Bureau’s website is hosted by the DICT. At the same time, Guerrero assured the public that its electronic-to-mobile (E2M) computer system remains intact and secure. PNA

Opinion

WEDNESDAY, JUNE 26, 2019

mst.daydesk@gmail.com

Demanding accountability is not war POP GOES THE WORLD JENNY ORTUOSTE THE sorry debacle of the 22 Recto Bank fishermen is an object lesson in current Philippine diplomacy—act tough against other countries, roll over and play dead when it comes to China. I saw the Batman-slapping-Robin meme recently on Facebook, with these captions—Robin: “Ano gusto mo, giyera? E di nalusaw tayo! Shut up ka na la…” Batman (slaps Robin): “False dichotomy! Pwede naman mag-demand ng accountability without going to war.”

Chinese nationals who violate our laws should be dealt with as the law provides, because that is the law, and it is law that ensures social order. is And there lies the crux of the issue. Despite the fishers’ and Vietnam Vietnamese crew’s accounts and testimonies, despite all the facts at hand, the government still panders to China’s sensibilities, to the point where an unnecessary joint investigation is being discussed. President Rodrigo Duterte poohpoohed the matter, mouthing the Chinese script that it’s just a minor maritime incident—“banggaan ng mga barko.” He says sanctioning China on these and their other depredations in the West Philippine Sea and areas in the Philippine Exclusive Economic Zone might lead to a war that the Phil-

ippines can never win. That’s the bogey he keeps scaring us with—if we go against China on anything, they might retaliate with their superior firepower that our puny guns have no chance against. That’s the line his supporters are also taking. Let’s break that down. By saying that China will get back at us if we demand their accountability, he is acknowledging that China is a bully we can’t afford to anger. He is confirming that China is crazy enough to go to war if they are thwarted. He is affirming that China is on a mission of domination and that the Philippines should just play along. That’s a dangerous line to take, because it makes China look very, very bad. Has he or anyone else in his government realized this? Does anyone in the administration have any modicum of critical thinking skills enough to say, Hey, maybe we should think be before we speak? Making China accountable for their actions means taking a stern line and enforcing the law without fear or favor, as Indonesia, Vietnam, and other countries in Southeast Asia are doing. They are standing up to the bully. They are more courageous than our current government and I salute them. The people of Hong Kong, too, recently took to the streets in a massive protest against Beijing and a policy to extradite HK residents to the mainland. Hong Kong’s leader backed down. That’s the way to make bullies stop—by standing up to them. Bullies gain dominance over another person through intimidation, violence, and other means in an effort to crush the person’s spirit, lower their self-esteem, and take away their confidence. Somehow China has succeeded in doing this to our government’s leaders—they have been cowed into submission. They’re the kid who tamely

Adelle Chua, Editor

EDITORIAL

The real sacred cow

ORE than a week after a Chinese vessel rammed and sank a Filipino fishing boat and left its crew of 22 in open water, the President finally broke his silence. He spoke, not to condemn the Chinese crew for abandoning the Filipino fishermen, or the fact that they were operating in the Philippines’ exclusive economic zone (EEZ). In his speech to the Navy, the President spoke, not to exhort the sailors to do their duty to protect Filipinos in our territorial waters, but to admonish them to stay “out of trouble.”

Then, this week, the President said friendly ties between the Philippines and China make it difficult to stop the Chinese from fishing in the country’s territorial waters. Asked what the country could do to prevent Chinese fishermen from plying their trade in the country’s EEZ, the President replied instead by saying the Chinese would unlikely stay away. “I don’t think that China would do that. Why? Because we’re friends,” he said. "And they (China) are of the same view that that should not result in any bloody confrontation." In saying the country would not go to war against China over “a minor maritime accident,” Mr.

Duterte returned to the same shopworn—and patently flawed—argument he has made time and again. In the President’s binary calculation, we are either friends (or lackeys) of China and live in peace and prosperity, or we stand up to them by going to war. War, after all, is seen as the failure of diplomacy—and none of the obsequious kowtowing we have seen so far from our officials in the last three years qualify as a serious attempt to further our national interests through diplomacy. Serious diplomacy won the country a 2016 arbitral ruling that recognized the Philippines’ sovereign rights over its EEZ, a victory Mr. Duterte quickly set aside in

favor of friendly relations with China. In the years prior to that, it should be noted, we never came close to a shooting war with China despite our hardline stance on territorial disputes. Sadly, the friendly relations Mr. Duterte extols have not stopped China from encroaching on islands and reefs in the West Philippine Sea that we rightly claim. In yet another example of the administration’s “just say yes” approach, the President apologized to the 22 fishermen who were abandoned at sea and who had to be rescued by a Vietnamese vessel. "I'm sorry. But that's how it is. It's a maritime incident. Little in the sense that there was no confrontation, there was no bloody violence," Duterte said in a mix of English and Filipino. “If you want to get even, that is not a reason to go to any military exercise there. If you do that, that’s war.” Government officials are wont to say that there are no sacred cows in this administration. We need only look to our giant neighbor in the north to know this is simply not true.

Turn to A5

Ask the Chinese TWO major events of June and July this year: One, the June 9 ramming of a wooden Filipino fishing boat by a steel-hulled three-deck Chinese fishing vessel and the abandonment of the former’s 22 fishermen by the attacker. The Filipinos almost drowned in high waters in early dawn of June 10, until a Vietnamese boat came to rescue them, six hours later. The Filipino boat, Gem-Ver, was anchored at Reed Bank (what Manila calls Recto Bank) and all of but one of its 22 occupants were asleep when it was rammed. Reed (Recto) Bank is north of Mischief Reef and is not a small place. It covers an area of 8,866 square kms— 324 times the size of Makati City. It has depth of nine to 24 meters. It is a rich fishing ground. It also supposed to be rich in oil, so rich its crude reserves could solve the Philippine energy shortage. South China Sea, in fact, according to Chinese studies, contains 17 billion tons of crude, 30 percent more than the reserves of oilrich Kuwait, OPEC’s third largest oil producer. One ton has seven barrels of oil. Recto Bank and Mischief Reef belong to the Philippines they being inside the country’s 200-mile (from Palawan) Exclusive Economic Zone (EEZ). With its EEZ, the Philippines has sovereign rights to the fisheries, minerals and other economic assets in the areas, but not territorial rights, as it does with territories defined under the Treaty of Paris of 1898 when Spain sold the Philippines, along with Cuba, Puerto Rico and Guam, to America for $20 million. China should have bought us at that time, then we wouldn’t have had problems

like President Duterte being always deferential to Beijing. The crashing of the Filipino boat was denounced initially by Manila as deliberate, malicious and criminal. The Chinese explained it this way: The Chinese fishermen were stupid. They didn’t know what they were doing. They were also coward, well, sort of. The Chinese fishermen were afraid of their lives so they ran away. It is a stupid and cowardly explanation. Two, the third anniversary of the July 12, 2016 ruling by the Permanent Court of Arbitration denying China’s claim to 90 percent of the South China Sea based on historic title or its nine-dash line map. No such thing, said the PCA, because the claim violates the United Nations Convention on the Law of the Sea (UNCLOS). However, the tribunal did not rule on the ownership of the islands nor did it delimit maritime boundaries.

Let’s talk: The Kosovo town using language to bridge divides

Did we actually win in 2016? Naturally, Beijing ignored the rul ruling. The arbitral court, it turns out, has no way to enforce its own rulings. So the Chinese proceeded to convert reefs into man-made islands in the South China Sea and even put up military installations on four of them. The island-building activities involved seven reefs – Cuarteron Reef, Fiery Cross Reef, Gaven Reef, Johnson Reef, Hughes Reef, Subic Reef, and Mischief Reef, all inside or just outside the Philippine EEZ. China has built airfields at Subi, Mischief, and Fiery Cross, plus infrastructure for possible missile, radar and helicopter installations. Back in 2010, China declared the South China Sea its core interest, Turn to A5

By Nicolas Gaudichet and Ismet Hajdari IN EASTERN Kosovo, a small town is trying to encourage dialogue between its Albanian and Serb communities by starting with the basics: language. This year in Kamenica, a municipality where 10 percent of the population is ethnic Serb, the local government launched free language courses in hopes of breaking down the mistrust that still divides the two groups across much of Kosovo. There is a practical element, too. "I am learning Serbian because I live here, work here and have Serb

customers who do not speak Albanian," says Suna Zajmi, a 32-year-old Albanian pharmacist who has been taking the classes. Strahinja Vasic, a 25-year-old local Serb civil servant, is learning Albanian because he lives in a "neighborhood where they are in the majority, with only six Serb families." "And it's also useful for my work," he adds. Albanian and Serbian are both official languages in Kosovo, a former Serbian province, which is 90 percent Albanian but still home to around 120,000 Serbs. Yet bilingualism has become increasingly rare since Kosovo broke

away from Serbia in the late 1990s, a war that ossified bitterness between the two groups. Previously, when Kosovo was part of the former Yugoslavia, it was obligatory for Serbs and Albanians to learn each other's languages in school. Now education is mostly segregated, with each community having its own schools or curriculums. In the divided city of Mitrovica, for example, where tensions remain high, some NGOs use English as a common language to connect young people. Practical not political So far, 40 Serbs and 18 Albanians Turn to A5

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Opinion 100 years since the Treaty of Versailles that ended World War I

AT 3:50 p.m. on June 28, 1919 crowds erupted in joy and salvos of celebratory gunfire rang out: the Treaty of Versailles had just been signed. World War I was finally over. Signed at the Palace of Versailles outside Paris, the text set out 440 punishing articles that crippled Germany economically and morally. Although the treaty was intended to leave the war's aggressor too weak to pose a new threat, its harsh terms eventually led the world into another global conflict just 20 years later.

Victors cheered The fountains at France's former royal residence were in operation for the signing ceremony for the first time since war broke out in 1914. The crowd of soldiers and civilians gathered outside the vast palace cheered the leaders of the victor nations as they arrived: France's Georges Clemenceau, Britain's David Lloyd George and America's Thomas Woodrow Wilson. The Big Three had dominated the peace talks that opened in Paris in January, two months after Germany capitulated and signed an armistice in November 1918. The negotiations had been difficult, with Clemenceau less open than his US and British allies to compromise and insisting, "Germany will pay." Berlin was not invited, informed only in May of the harsh terms of a settlement that blamed Germany for a conflict that had bled Europe dry. On June 17, the Allies gave Germany five days to agree or face renewed fighting. Chancellor Philipp Scheidemann resigned in protest but the new government had to accept.

Ask... From A4

meaning they will kill people and fight states who violate their alleged claims. That is the hard approach. The soft approach is the Chinese will give you loans, development assistance, investments, tourists, and even outright cash if you look the other way. To institutionalize that, China has invented a so-called Belt and Road Initiative. If you trace the route of BRI, it goes very far away from the South China Sea, up to Europe, Russia and India. Beijing has also put up the Asia Infrastructure and Investment Bank. AIIB seeks to fund Asia’s infra needs, estimated at $1.7 trillion per year un-

Let’s... From A4

have taken courses offered this year by Kamenica's City Hall. Fifty others are on the waiting list for the next semester. The basic course lasts three months and consists of 40 lessons of 45 minutes each. "But we did not apply this strictly as my students insisted on staying more, so we did around 60 minutes for a lesson," said Serbian teacher Teuta Kastrati. The program was launched with support from the British Embassy and the International Organization for Migration (IOM), which is also working on building an online Albanian-Serbian dictionary. The two languages bear absolutely no resemblance, with Serbian hailing from Slavic origins while Albanian represents a unique branch of the Indo-European language family, making it distinct from every other modern European language. Learning a language should not be a "political" issue but a "practical" one, said Svetlana Rakic, of the IOM. People "understand its usefulness... but often do not have the opportunity," she added. Kamenica's 30-year-old mayor Qendron Kastrati says the municipality's history has helped make it a good starting point for uniting com-

Business-like The signing ceremony was in the palace's Hall of Mirrors, where the German Empire was proclaimed in 1871, on the defeat of France. It was programmed for the exact same day five years previously that Archduke Franz Ferdinand of Austria was assassinated—the event that sparked World War I. On entering the crowded room, Clemenceau went up to a group of French soldiers whose faces had been badly mutilated in the conflict. "You have suffered a lot, but here is your reward," he reportedly said, gesturing towards the table in the center of the room where the documents were waiting to be signed. The event was "business-like" and over in 37 minutes, The New York Times reported. After being opened, "there was merely a succession of delegates advancing to the table on which the conventions had been laid and signing their names." There were 27 delegations representing 32 powers. First to step forward to sign were the two German representatives, led by Foreign Minister Hermann Mueller. "Mueller's face and neck were flushed crimson, and it was evident that both Germans felt keenly the position in which they were placed," the New York Times said. The Allies followed, starting with Wilson. "Hardly was the ink on the final signature dry when the old palace of Versailles ... shook from the concussion of the guns in the park outside that announced in salvos that the Germans had capitulated," the newspaper said.

Punishing terms The terms were crippling for Germany, which had to accept a "war guilt" clause that made it responsible for paying out war damages. The treaty redrew the map of Europe, Germany losing around 15 percent of its territory and 10 percent of its population along with all its colonies. The country was split by the Danzig corridor, which fell under Polish rule, and the regions of Alsace and Lorraine were returned to France. Its coal-rich Saarland, bordering France, was placed under an international mandate for 15 years. The adjoining Rhineland was demilitarized. Military service was abolished and German ground troops were limited to 100,000 men, its navy also restricted and an air force forbidden. The treaty also created the League of Nations—the precursor to the United Nations—although Germany was initially excluded. Humiliation, anger Germany was humiliated, the harshness of the treaty causing shock and anger among its people. The reparations demanded by the Allies set in 1921, were around 132 billion German gold marks (more than $30 billion at the time), although this was later reduced. But Germany struggled to pay and descended into economic chaos and hyperinflation. The resentment fueled nationalism and provided a breeding ground for the rising Nazis, whose leader Adolf Hitler came to power in 1933 refusing to continue paying the reparations. Europe would soon be at war again.AFP

til 2030. Infra means energy, transport, water and sewerage, ports and airports, areas where the Philippines has severe inadequacy. More than 90 countries are joining AIIB. If you have projects and you need funding pretty fast with little due diligence, borrowers are better off approaching AIIB than say the Manila-based Asian Development Bank, the World Bank, and the IMF—all of which are controlled by just three groups—the US, Europe, and Japan. Europe names the head of the IMF, US names the head of the World Bank, and Japan, the ADB. Nice setup. By the way, ADB was set up in Manila 50 years ago. At that time, the Philippines was almost as rich as Japan, had little or no poverty problem,

and half of ASEAN were not even sovereign states. Today, Philippines has 25 million Filipinos who are dirt poor and more than half of ASEAN are now richer than the Philippines. What happened ADB? In the July 2016 PCA ruling, the Philippines won supposedly a major victory and Beijing suffered a colossal setback. In the June 9, 2019 incident, the Philippines is in danger of losing its case against the Chinese for maritime violence and violation of the law on conduct of vessels in the high seas. Question: Did we actually win in 2016? Ask the Chinese. Are we going to win the June 9 case against the Chinese? Ask the Chinese.

munities. Its 30,000 inhabitants suffer from the same high unemployment rates and economic problems plaguing the rest of Kosovo. But their community was spared the worst of the violence of the 199899 war, which claimed 13,000 lives, mostly ethnic Albanians. There was also a smaller exodus of Serbs afterwards than in other areas. That means families in Kamenica are not looking for missing persons, an issue that still haunts many in Kosovo, says the mayor. And in Kamenica, Serbs and Albanians often live side by side, unlike in other areas where communities tend to keep to different villages or neighborhoods.

When Serb politician Oliver Ivanovic was murdered in Mitrovica in 2018, his bilingualism was noted as an exception among Kosovo's political class. Supporters saw it as a rare quality that gave him an ability to build bridges, while Serb detractors spurned his use of Albanian as unpatriotic. Stamenkovic insists that "the mayor and I didn't perform a miracle" in Kamenica. "Inter-ethnic tolerance was there. We have just taken another step forward so that young people can have an exchange and find a common language on common issues", like "economic underdevelopment, unemployment", he said. Kastrati, the Serbian teacher whose mother is Bosnian and father ethnic Albanian, lauds the project for running against "the general tendency to build walls" in Kosovo. It has already generated significant interest, "and I am sure it could serve as an example" for other areas if it received political support, she adds. The next hope is to bring Serb and Albanian teenagers together for joint courses, such as IT classes in technical schools. It "is the beginning of a success story," says Stamenkovic. "If we want to build true coexistence between ethnic groups, we must learn each other's language." AFP

No miracle In another gesture of inclusivity, the Albanian mayor chose a 35-yearold Serb, Bojan Stamenkovic, as his deputy. Stamenkovic, who speaks fluent Albanian and is teaching it to his community, considers himself "a Serb patriot who wants to help his community." That is only possible by "integrating with the Kosovar system," he says. Elsewhere in Kosovo, most Serb politicians align exclusively with Belgrade, do not speak Albanian and only engage in minimal cooperation with the government.

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WEDNESDAY, JUNE 26, 2019

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Dynasty a majority of one vote to switch to a presidential form, and in the haste to “return to constitutional normalcy” from the initial “freedom but onewoman rule” of Cory Aquino, the framers failed to review their earlier provisions to synchronize them with RODRIGO Duterte, former mayor a presidential form. of the country’s largest city by area, If we had reverted to the two-parnow president of the entire country, ty system in a presidential form, we defended what many decry about our would not have the number and kind political praxis—the proliferation of of dynasties that now dot the entire dynasties. archipelago. The present confused and confusPolitical parties would choose ing Constitution in Article II says that in conventions or directorates who “The State shall guarantee equal ac- should carry the banner of their party cess to opportunities for public ser- in a two-way fight. And in free socivice and prohibit political dynasties eties where accountability to a great as may be defined by law.” extent is measured and exposed, bad It gives no spedynasties would cific proscriptive sunder, while definition, and good dynasties ac leaves it to the legwould be acSome have been islature to elabo- good, some have been claimed by their rate on and define political parties. the Constitutional bad. Political parintent. The presties are composed citi ent fundamental of concerned citilaw is replete with zens, politicallythe phrase “as may be defined by law” inclined community leaders, whether in so many sections and articles. elected or aspiring, who would by Naturally, despite “heroic” or per- the force of competitive ambitions, haps theatrical attempts by previous challenge the continuity of the nonlegislators in both houses to prohibit performing while surrendering to the by law political dynasties, nothing inevitability of continuity by the efficame out of the efforts, despite the cient and effective. passage of almost 32 years. So if we want to limit the reach and And among the dynasties that ex- length of dynastic power, we should ist in the country, not necessarily the take the first step: revise the present longest-reigning, is that of the Davao Constitution and if we want to conCity Dutertes, the patriarch of which tinue under a presidential form, reis the president. instate the two-party system. In his very frank remarks, the PresThen the Dutertes of Davao will ident asked politicians to challenge likely run as candidates of one party, their rule, and in truth, others in the and their competitors will troop to past have challenged him: the late the other party, and let the electorSpeaker Prospero Nograles whose ate decide. That is as democratic as son Karlo is now in the cabinet of democratic can be, but with an orDuterte; and Ben de Guzman who ran derly system, instead of the confused for a second term only to be trounced and confusing set-up where political by a returning Rodrigo. parties exist only to mask personalisIt has been the Davao electorate tic or family leadership, or as flags of which made its decision in several convenience for the ambitions of one elections felt in favor of the Duterte or many. dynasty. And this principle of elec*** tion is what makes the concept of If former DFA secretary Albert del continuation in power legitimate. Rosario flew to Hong Kong to attend To be sure, there are good and bad a board meeting of the Indonesian dynasties. Some create and continue Salim group which he among oththe process of meaningful change; ers represent in our country, why in some upon the other hand perpetuate heaven’s name did he have to use his their dynasties mainly for personal or blue “diplomatic” passport? Why not family profit and privilege. his regular brown passport as all of us Visit the provinces and cities where mortals possess? dynasties rule, and even without asHe did inform the DFA that he was certaining statistical facts like income going to use his blue passport, as relevels, employment rates, poverty in- quired, but since Hong Kong accepts dicia, you would know which dynas- Filipinos visa-free, the DFA did not ties thrive because of effective leader- have to pre-inform the place of travel ship, and which continue to rule due destination as would have been necesto guns, goons and gold. sary to accord their former secretary Davao City is certainly the prime the courtesies of the port and hassleexample of how the continuation of free entry. a dynasty in power can be beneficial Clearly, Mr. Del Rosario wanted to the inhabitants. Of recent note, we to make a scene, following what haphave the province of Bataan, since pened to former Ombudsman Conchita the fall of Marcos controlled by the Morales-Carpio earlier in Hong Kong. Garcia family, descendants of the But Mrs. Carpio was traveling on an orlate Gov. Tet Garcia. From a sleepy dinary passport, knowing full well that “where is that?” province so near yet Hong Kong was a visa-free destination, so far from Manila, Bataan has pro- and as such, she also likely forgot to regressed tremendously since. call that the former crown colony was Upon the other hand, the progress now part and parcel of China. of the two Agusan provinces under its Upon his return, the conspiratodynasties, the Amantes contra the Pla- rial Mr. Del Rosario next donated zas, has been excruciatingly slow, and half a million Philippine pesos from poverty is still grinding. After all, the his Indonesian-sourced compensation people allow their votes to be bought, for the benefit of the 22 Mindoro fishand they get a sloppy bargain one af- ermen. And he sent the check to the ter the other. DFA, which as its former secretary, he How should dynasties be con- knew was not the Department of Sotrolled, their perpetuation limited? cial Welfare and Development. The confusion lies in the ConstituFor heaven’s sake, cut off the thetion itself. atrics. Be a sober “nationalist” if such Fashioned by its appointed fram- is your pretension or proclivity. Shalers initially for a parliamentary low performances such as these do form of government, it decided by not suit you or your stature.

Demanding... From A4

men,” according to a May 10, 2014, Reuters report. So that happened, but neither side declared war. The law can be enforced without having to go to war. Chinese nationals who violate our laws should be dealt with as the law provides, because that is the law, and it is law that ensures social order. If China goes to war with us over such, then it’ll prove that they are indeed a bully—is that what they really want? Bahala na si Batman, because he’s right, you know. Demanding accountability does not mean war.

hands over his lunch and allowance to the playground brute. Except that it’s not schoolkids, it’s countries, and it’s not lunch, it’s our national resources and national pride. There were instances during the past administration that the country showed China they could not get away with their plundering of our resources. Perhaps the most recent was in 2014, when the Philippines jailed 11 Chinese fishermen caught with 350 endangered sea turtles off Half Moon Filipinos are not cowards—except for Shoal in the Kalayaan Islands, “reject- some. You know who they are. //FB ing demands from China to free the and Twitter: @DrJennyO

CYAN MAGENTA YELLOW BLACK Manila

News

Standard

TODAY WEDNESDAY, JUNE 26, 2019

mst.daydesk@gmail.com

House approves bill on Open Harbor Pilotage Services By Maricel V. Cruz THE House of Representatives has approved a bill that aims to upgrade the skills of harbor pilots

N OTICE Notice is hereby given that OVIALAND INC. with office address at 801 Richville Corporate Center, 1314 Commerce Ave. Extension, Madrigal Business Park, Ayala Alabang, Muntinlupa, is applying for registration with the Board of Investments (BOI) as an Expanding developer of economic and low-cost housing project (Sannera San Pablo Phase II) with a capacity of 315 economic and low-cost units on a non-pioneer status with project site at Brgy. San Antonio II, San Pablo City, Laguna. 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.) ANGELITA F. ARCELLANA Officer-In-Charge Infrastructure and Services Industries Service

to enhance the safety of ships that pass through ports and channels. House Bill 9209 aims to provide for a regulatory framework for open harbor pilotage service in the Philippines. As referred to in the bill, pilotage service is the act of conducting, navigating or maneuvering a vessel to or from berth or anchorage, along channels, basins, rivers and estuaries, including all related activities thereof. The proposed “Open Harbor Pilotage Services Act,” authored by Rep. Jesulito Manalo of ANGKLA Party-list, declares that the State recognizes harbor pilotage services play a vital role in the efficient operation of ports in ensuring the smooth flow of maritime commerce and safe transport of persons in avoiding maritime accidents, and in helping the maritime environment. Pursuant to this, the State shall adopt an open pilotage policy to regulate pilotage services that comply with international standards and supervise the professional conduct of harbor pilots. The bill aims to ensure the effective and efficient delivery of pilotage services through their

rationalization as well as the regulation of their fees and charges. It also aims to professionalize and upgrade the skills of harbor pilots and guarantee navigational safety and environmental protection at all times. In his explanatory note, Manalo noted how the country, being an archipelago, continues to develop as a maritime nation and how its transport system and economy are dependent generally on seaborne trade. “There is a need to ensure, through legislation, the safe navigation of waterborne commerce by adopting as a State policy the proper regulation of the pilotage services by the government. The conduct of pilotage service is also a vital function of maritime travel that directly affects the efﬁcient operations of the port, the overall cost of transport and distribution of goods, safety of the travelling public and even the protection of the maritime environment,” he said. To fulfill the provisions of the bill, the Pilotage Board shall be established, which shall be comprised of government port authorities, bodies or entities.

(MS-JUNE 26, 2019)

Fund/Financial Adviser,” or any similar words or phrases by entities organized as investment company adviser or holders of investment management activities (IMA) license from the Bangko Sentral ng Pilipinas;

SEC Memorandum Circular No. 13 Series of 2019 TO

e) “Association” and “Organization” or similar words which pertain to non-stock corporations by entities primarily engaged in non-profit activities; and

All Concerned

SUBJECT

: Amended Guidelines and Procedures on the Use of Corporate and Partnership Names ___________________________________________________________________

To keep abreast with developments in business and information technology in the country, the Commission is adopting the following guidelines and procedures in the registration of corporate, one person corporate and partnership names: 1.

a) The corporate name shall contain the word “Corporation” or “Incorporated,” or the abbreviations “Corp.” or “Inc.” respectively; b) In the case of a One Person Corporation, the corporate name shall contain the word “OPC” either below or at the end of its corporate name; c) The partnership name shall bear the word “Company” or “Co.” and if it is a limited partnership, the word “Limited” or “Ltd.”. A professional partnership name may bear the word “Company,” “Associates,” or “Partners,” or other similar descriptions; d) The corporate name of a foundation shall use the word “Foundation”;

e) The corporate name of all non-stock, non-profit corporations, including non-governmental organizations and foundations, engaging in microfinance activities shall use the word “Microfinance” or “Microfinancing”; provided that said corporations shall state in the purpose clause of their Articles of Incorporation that they shall conduct microfinance operations pursuant to Republic Act No. 8425 or the Social Reform and Poverty Alleviation Act.

13. The enumeration in paragraphs 10, 11 and 12 are not exclusive and may increase or decrease depending on future legislative issuances or administrative orders of the appropriate or duly authorized government offices. 14. The name of a corporation or partnership that has been dissolved or whose registration has been revoked shall not be used by another corporation or partnership within five (5) years from the approval of dissolution or five (5) years from the date of revocation, unless its use has been allowed at the time of the dissolution or revocation by the stockholders, members or partners who represent a majority of the outstanding capital stock or membership of the dissolved corporation or partnership, as the case may be.

iii. Affidavit, executed under oath by the hold-over corporate secretary, attesting that: a) there are no properties owned by the dissolved/revoked corporation due for liquidation, or in case there are properties owned by the expired corporation, no property is transferred to the new corporation or, in case of stock corporations, used for subscription payment without undergoing corporate liquidation process;

5. A trade name or trademark registered with the Intellectual Property Office may be used as part of the corporate or partnership name of a party other than its owner if the latter gives its consent to such use.

b) there is no pending intra-corporate dispute or claim involving the expired corporation (**provision from mc no. 14 2017); and c. that the expired corporation has no derogatory information with the Commission at the time of its application for re-registration. Upon approval of the re-registration, the certificate of registration to be issued to the new corporation shall indicate its new SEC registration number and pre-generated Tax Identification Number (TIN) as confirmation that the same is a separate and distinct entity from the expired corporation. 15. A corporate or partnership name, which was previously used but become the subject of amendment, shall not be re-registered or used by another corporation or partnership for a period of three (3) years from the date of the approval of the adoption of the new corporate or partnership name. An earlier period may be allowed for the registration or use of the former corporate or partnership name provided that the corporation or partnership, which previously owned the used corporate or partnership name, gives its consent. The requirement to wit, as: For Corporations:

7. The name of an internationally known foreign corporation, or something similar to it, cannot be used by a domestic corporation unless it is its subsidiary and the parent corporation has consented to such use.

a) Directors/Trustees’ Certificate approved by the majority of the Directors/ Trustees approving the use of the former name by another corporation or partnership; and

However, a name written in a foreign language, even if registered in another country, shall not be registered if the name violates good morals, public order or public policy, or has an offensive or indecorous meaning in any of the country’s official languages or major dialects.

b) Secretary Certificate of non-existence of intracorporate dispute from the Corporation that use the former corporate name.

8. The name of a local geographical unit, site or location cannot be used as corporate or partnership name unless it is accompanied by a descriptive word or phrase. e.g. Pasay Food Store, Inc.

For Partnerships:

b) “Lending Company” and “Lending Investor” by lending companies (R.A. 9474), or “Pawnshop” by entities authorized to operate pawnshops (P.D. 114);

c) “Bank,” “Banking,” “Banker,” “Savings and Loan Association” (R.A. 8367), “Trust Corporation,” “Trust Company” or words of similar meaning by entities engaged in the banking or trust business (R.A. 8791);

d) “United Nations,” “UN,” in full or abbreviated form exclusively by the United Nations and its attached agencies (R.A. 226);

e) Bonded” by entities with licensed warehouses (R.A. 247);

f) “SPV-AMC” by corporations authorized to act as special purpose vehicle (R.A. 9182); g) The name of an international governmental organization, such as “International Criminal Police Organization” (INTERPOL), “International Monetary Fund” (IMF), and “International Labour Organization” (ILO) may not be used as part of a corporate or partnership name unless when duly authorized or allowed by the Commission”; and

h) ASEAN (protected under Article 6ter of the Paris Convention for the Protection of Industrial Property, adopted in 1883 and revised in Stockholm in 1967).

10. The practice of a profession regulated by a special law which, among others, provides for the permissible use of the profession’s name in a firm, partnership or association shall govern the use of the name, e.g. “Engineer” or “Engineering” (R.A. 1582), “Architect” (R.A. 9266), or “Geodetic Engineer” (R.A. 8560). Notwithstanding the limitations mentioned above, any association registered by entities engaged in the listed activities may use the profession’s name, e.g. Association of Engineers of the Philippines, Inc. 11. Unless otherwise authorized by the Commission, the words and phrases enumerated below can be used only by the entities mentioned: a) “Investment(s)” or “Capital” by entities organized as investment house or investment company;

a) Partnership’s Resolution approved by the majority of the Partners approving the use of the former name by another corporation or partnership. For One Person Corporations:

9. Pursuant to existing laws, the following words and phrases can be used in the corporate or partnership name in the manner enumerated below:

a) The consent of the sole stockholder or, in cases of incapacity or death, his/her designated nominee, given in a notarized instrument and countersigned by the Corporate Secretary. 16. Names of absorbed/constituent corporation may not be used unless it is the surviving corporation intending to use the said absorbed/constituent corporate name. Provided, however, that another corporation may use the names of absorbed/ constituent corporation if consent of the surviving corporation is obtained such as:

a) Directors’ Certificate of the surviving corporation permitting the usage of the said absorbed/constituent corporation by another corporation; and

b) Secretary’s Certificate of non-existence of intracorporate dispute of the Corporation from the Surviving Corporation.

17. a) The reservation or notice of availability of a name shall not constitute an approval of the use of such name or an application for a change of name;

b) No erasures, changes, modifications or alterations on a name reservation form shall be allowed; and c) Appeals from or opposition to the approval of corporate and partnership names of new companies, or complaints against proposed new names of existing companies or partnerships, shall be resolved by the Company Registration and Monitoring Department (CRMD). The decisions of CRMD may be appealed to the Commission En Banc through the Office of the General Counsel.

18. At the time of its registration, a corporation or partnership shall submit an affidavit containing an unqualified undertaking to change its change the name immediately upon receipt of notice from the Commission that another corporation, partnership or person has acquired a prior right to the use of such name, that the name has been declared not distinguishable from a name already registered or reserved for the use of another corporation, or that it is contrary to law, public morals, good customs or public policy. The affidavit shall be signed by at least two incorporators or partners in the form prescribed by the Commission. This affidavit shall not be required if the undertaking is already included as one of the provisions of the Articles of Incorporation or Partnership of the registrant. 19. This Memorandum Circular shall amend all issuances, orders, rules and regulations of the Commission that may be inconsistent with it, and shall take effect immediately. 21 June 2019 Pasay City, Philippines.

b) “Capital” by entities organized as investment house, investment company or holding company; c) “Asset/Investment/Fund/Financial Management,”

“Asset/Investment/

They cited the lack of “consultations with the public regarding the issue and should have heard the sides of the owners, bus operators, and especially the passengers that will be greatly affected with the implementation of the said regulation.” The petitioners also alleged that the regulation that had affected thousands of passengers from the provinces was void from the beginning and should have not taken effect simply because it is an exercise of police power that the MMDA and MMC do not possess. According to them, police power is a legislative act, which means the ban on provincial buses and closure of bus terminals along EDSA necessitated enactment of ordinances by individual local government units that have police power under the Local Government Code of 1991. They also argued that the regulation was an invalid exercise of such authority as it is not reasonably necessary to achieve the purpose of solving perennial trafﬁc problems in the metropolis.

ii. Latest General Information Sheet of the expired corporation, stamped “received” by the Commission; and

4. Business or trade name which is different from the corporate or partnership name shall be indicated in the articles of incorporation or partnership. A company may have more than one business or trade name.

a) “Finance Company,” “Financing Company,” “Finance and Leasing Company,” and “Leasing Company,” “Investment Company,” “Investment House” by entities engaged in the financing or investment house business (R.A. 8556 and Pres. Decree 129);

During its en banc session, the SC resolved to consolidate the petitions ﬁled by AKO Bicol party-list group Reps. Ronald Ang and Alfredo Garbin Jr., Albay Rep. Joey Sarte Salceda and Bayan Muna party-list last April 29, May 27 and June 7, respectively, and require MMDA to submit an answer. The SC gave the respondents led by MMDA Chairman Danilo Lim and the Metro Manila Council composed of mayors of cities and municipalities in the National Capital Region 10 days to comply with the order and submit their comment. However, the high court deferred ruling on the petitioners’ plea for issuance of a temporary restraining order or writ of preliminary injunction immediately stopping the implementation of MMDA’s Regulation No. 19-002. The petitions seek to strike down the assailed measure, which the MMDA and the Metro Manila Council took to ease trafﬁc in Metro Manila’s main thoroughfare, for violating the 1987 Constitution and existing laws.

d) if applicable, they will no longer file a petition to set aside the order of revocation.

d) A name that consist solely of special symbols, punctuation marks or specially designed characters shall not be registered.

d) The meaning of initials used in a name shall be stated by the registrant in the Articles of Incorporation, Articles of Partnership or in a separate document signed by an incorporator, director or partner, as the case may be.

HE Supreme Court on Tuesday ordered the Metropolitan Manila Development Authority to ﬁle its comment on three petitions assailing the legality of its controversial policy banning provincial buses on EDSA.

c) they shall include a statement in the articles of incorporation of the new corporation that the same is using the name of the expired corporation; and

c) Punctuation marks, spaces, signs, symbols, and other similar characters, regardless of their form or arrangement, shall not be acceptable as distinguishing words for purposes of differentiating a proposed name from a registered name.

c) The Commission may require a registrant to explain to its satisfaction the reason for the use of a person’s name;

By Rey E. Requejo

b) the re-registration is approved by the majority vote of the directors or trustees and the vote of the stockholders representing the majority of the outstanding capital stock or membership;

However, the addition of one or more distinctive words shall not be allowed if the registered name is coined or unique unless the board of directors or majority of the partners of the subject corporation or partnership gives its consent to the applied name.

The single stockholder may also use the name of another person provided consent was given by the said person or if deceased, his estate. Provided that the name shall be accompanied by the descriptive words other than the suffix OPC.

Board Resolution, executed and signed under oath by the hold-over board of directors/trustees of the expired corporation, attesting that: a) the applicant for re-registration is a new corporation intending to use the name of the expired corporation (specially identifying the corporate name and registration number);

b) If the name applied for is similar to that of a registered corporation or partnership, the applicant shall add one or more distinctive words to the proposed name to remove the similarity or differentiate it from the registered name;

b) A single stockholder of a One Person Corporation (OPC) may use his/her name; provided, that said name shall be accompanied with descriptive words aside from the suffix OPC.

No application for re-registration of the expired corporation, however, shall be processed by the Commission unless the application is accompanied by the following documents: i.

a) The name shall be distinguishable from other corporate or partnership name registered with the Commission, or with the Department of Trade and Industry, in the case of sole proprietorships;

a) The full name or surname of a person may be used in a corporate or partnership name if he or she is a stockholder, member or partner of the said entity and has consented to such use; if the person is already deceased, the consent shall be given by his or her estate;

f) “Stock Exchange/Futures Exchange/Derivatives Exchange,” “Stock Broker/ Securities Broker/Derivatives Broker,” “Commodity/Financial Futures Merchant/ Broker,” “Securities Clearing Agency/Stock Clearing Agency,’’ “Plans” or any similar words or phrases by entities organized as an exchange, broker dealer, commodity futures broker, clearing agency, or pre-need company under the Securities Regulation Code (R.A. 8799).

12. Pursuant to Republic Act 10530, or “The Act Defining The Use and Protection Of The Red Cross, Red Crescent and Red Crystal Emblems”, the use of the words “red cross”, “red crescent”, or “red crystal’’ or their translation in any official language and dialect cannot be used or registered as part of a corporate or partnership name, unless with the consent of the Philippine Red Cross.

2. A term that describes the business of a corporation in its name should refer to its primary purpose. If there are two such terms, the first should refer to the primary purpose and the second to the secondary purpose.

d) “National,” “Bureau,” “Commission,” “State,” and other similar words, acronyms, abbreviations that have gained wide acceptance in the Philippines by entities that perform governmental functions;

MMDA told to answer petitions on bus ban T

EMILIO B. AQUINO Chairperson (MS-JUNE 26, 2019)

STEEP CLIFF. A portion of Bicutan Parañaque South Super Highway—north-bound lane—where some informal settlers live collapsed Monday night due to heavy rains, causing injuries to four unidentified individuals. Manny Palmero

Echiverri, 2 others cleared of graft THE Sandiganbayan has granted the demurrer to evidence of former Caloocan City Mayor Enrico Echiverri owing to his alleged anomalous P979-million infrastructure projects he approved during his term. The grant cleared Echiverri and his co-accused of graft and falsiﬁcation of public document charges leveled against them.. “Wherefore, the joint demurrer to evidence is hereby granted. Accused Enrico Echiverri, Edna Centeno and Jesusa Garcia are therefore acquitted of the crime of violation of Section 3(e) of RA No. 3019 for failure of the prosecution to establish their guilt beyond reasonable doubt,” the Sandiganbayan’s Fifth Division said in a resolution dated June 13.

“Similarly, accused Edna Centeno and Jesusa Garcia are acquitted of the crime of falsiﬁcation of public document,” it added. The court also ordered the lifting of hold departure order against Echiverri, as well as the cancellation of his bond. The bail bond of Echiverri and the hold departure order against him were ordered released and recalled, respectively. The Ombudsman ﬁled the charges against Echiverri and his co-accused in connection with the P4.9-million improvement of roads and drainage system at Phase 10, Pkg. 5, Bagong Silang, Barangay 176 between May to December 2011. Maricel V. Cruz

Partnership program completed By Macon Ramos-Araneta TO RESOLVE health inequity in the rural areas, the Department of Health-CALABARZON (Cavite, Laguna, Batangas, Rizal, Quezon) conducted the 3rd Municipal Leadership and Governance Program Colloquium for Mayors and Municipal Health Officers of eight municipalities of the region who have completed the 18-month partnership program with the University of the Philippines. Regional Director Eduardo Janairo said the best way to address the health inequity is to capacitate local executives and health officers to enable them to establish their own community health system that will be responsive and suitable to the health needs of their people. “Now that these local officials who have undergone the training program knows the importance of health, and learned what they need and what they lack in their areas, through their scorecards. the next thing to do to identify and pool resources and establish a plan for the continuity of the instituted health programs for the benefit of the people in these communities,” he emphasized. As part of their course output, Janairo said municipal health leaders together with their health officers will work to improve their health performance indicators.

CYAN MAGENTA YELLOW BLACK

Sports SJ Knights stun Braves for CBA cage championship GENERAL TRIAS, Cavite—Youth prevailed over experience as North champion San Juan brought down South titlist and host General Trias Braves, 75-64, in their winner-takeall ﬁnal to capture the Community Basketball Association (CBA)-Pilipinas Central crown at the Gen.Trias Sports Center here late Sunday. Paul Victoria stood at the helm of the Knights’ convincing triumph as he ﬂirted with a near triple-double of 17 points, 10 rebounds and seven assists in nearly 36 minutes of action. Victoria was later named “Best Player of the Game.” Jhonard Clarito and Noah Lugo added 15 points apiece and beanpole Christian Bunag contributed 12 points and eight rebounds for the Knights, who defeated the Caloocan Supremos to bag the North title in this tournament organized by actor-director Carlo Maceda and sponsored by Globe Telecoms, Spalding and Arceegee Sports Wear. “We played our usual game. Alam namin na lamang sila sa experience, kaya the game plan really was to use our speed and one-on-one plays,” said San Juan coach Randy Alcantara, who earned his second title in less than a month after steering the San Juan Knights to the MPBL Datu Cup championship. “Na-neutralize namin ‘yung experience at maganda ‘yung naging rebounding namin, kaya nakatakbo kami,” added Alcantara, who was ably assisted by Yong Garcia and Melvin Caruz. Chester Ian Melencio led the Braves with 17 points on 6-of-17 shooting while Jomathan Rivera added a double-double of 11 points and 12 rebounds. Allan Evangelista, one of the more-experienced players on the Gen. Trias team, had eight points and six rebounds. Another veteran, Jeff Tajonera, was held scoreless but had three rebounds and three assists. The Braves were still within striking distance at 30-37 following a layup by Melencio with 9:27 left. But the Knights went on a scoring spree, hitting nine unanswered points to establish a 46-30 lead that silenced the home crowd. And after Evangelista snapped a long-scoring drought by the Braves and made it 32-46, the Knights unleashed another 12-2 blast over a four-minute span for a 58-34 advantage going into the payoff period. In all, the Knights outscored the Beaves, 21-7, in the third period. The scores: San Juan Knights (75) - Victoria 17, Lugo 15, Clarito 15, Bunag 12, Aguirre 8, Reyes 2, Bonifacio 2, Rosopa 2, Ubalde 2, Saret 0, Acol 0 General Trias Braves (64) - Melencio 17, Rivera 11, Prudente 9, Evangelista 8, Delos Santos 7, Laureno 6, Porto 4, Guillen 2, Tajonera 0, Alcaraz 0, Bondoc 0 Quarterscores: 17-15, 37-27, 5834, 75-64.

WEDNESDAY, JUNE 26, 2019 sports_mstandard@yahoo.com

Woods dropped from lawsuit L

OS ANGELES—Tiger Woods has been dropped from a lawsuit filed by the parents of a staffer at his Florida restaurant who died in a drunk driving accident after allegedly being overserved alcohol. Woods’ lawyers said Monday that the superstar golfer was no longer named in the suit, which is continuing against the restaurant The Woods Jupiter and its general manager Erica Herman, who is Woods’ girlfriend. Woods’ lawyer Barry Postman called the decision not to name the golfer in the lawsuit “clearly appropriate.” The parents of Nicholas Immesberger, who died last December at age 24, ﬁled the lawsuit in May.

They said their son was served alcohol at the restaurant to the point of “severe intoxication” before getting in his car. “While the situation was tragic, the facts will ultimately show that the cause of Mr. Immesberger’s car accident were the many decisions made by Mr. Immesberger on the night of his passing,” Postman said in a statement. Woods’ legal team said in court documents filed this month that the plaintiffs had made improper legal claims “in a rush to sue a public figure.” According to the lawsuit filed in Palm Beach County, Florida, Immesberger was served even though Herman and other co-workers knew he had a habitual problem with alcohol. AFP

Tallo proves a point, lifts team Bacolod

TRIPLE CROWN. The winning team members of Boss Emong display their trophies during the awarding ceremonies of the

Philippine Racing Commission’s Triple Crown 2nd leg at the Saddle and Clubs Leisure Park in Naic, Cavite on Sunday. They are owner Edward Vincent Diokno, jockey Dan Camanero, trainer Ernesto Rojas and the representative of breeder Antonio Tan. Joining them are (from left, front row) PRCI Handicapper Tony Selda, Philracom Commissioners Victor Tantoco and Aurelio De Leon and PRCI Manager Oyet Alcasid Jr. Boss Emong won the 2nd leg by half a length.

Pacman eyes WBA super welter belt FILIPINO boxing icon Manny Pacquiao guns for another win in a major boxing bout as he challenges Keith Thurman for the WBA Super Welterweight World Championship this July 21 (Sunday) live via SKY Sports Pay-Per-View. The reigning WBA (regular) Welterweight World Champion faces an opponent ten years his junior after successfully defeating Adrien Broner last January and Lucas Matthysse in the latter part of 2018. Pacquiao currently holds a boxing record of 61-7-2 with 39 wins coming via knockout. On the other hand, Keith Thurman also known by the moniker, “One Time,” is coming from a majority decision win over Josesito Lopez. He owns an unblemished record of 30-0-0

with 22 wins via knockouts and one No Contest. Local boxing analyst Ed Tolentino said in an interview by news.abs-cbn. com that the bout between Thurman and Pacquiao will be a good one, stating that Thurman is better than Broner. One thing he is concerned about Thurman, though, is his health since this ﬁght is only the American ﬁghter’s second after being inactive for almost two years. Don’t miss the eight division world champion as he returns to the MGM Grand this July 21. Subscribe now until June 30 to avail an early bird promo for only PHP 649 instead of Php 949.This promo is available to all digital SKYcable, SKY Fiber, and SKYdirect sub-

scribers nationwide. Subscribers to the fight on SKY Sports Pay-Per-View will have access to its live and commercial-free airing in high definition, including its replays on the same day right after the live event, as well as its livestream with a 7-day catch-up via SKY on Demand. Call 418 0000 or your SKY local office or visit www.mysky.com/pacman to subscribe. SKYcable and SKY Fiber + HD Cable TV Plan subscribers can also activate their subscription by texting PPV <SKY Account No> to 23662. For SKYdirect postpaid subscribers, they can text SKY to 23668, while prepaid subscribers can text PPV PACMAN <BOX ID> to 23667 (available to Globe Prepaid, or TM )

A FEW months removed from the PBA, Mark Tallo quickly stamped his class in the MPBL while playing for his new team Bacolod-Master Sardines. On his debut game, the second generation cager came up with an explosive debut as he ﬁnished with 31 points, six steals and six assists while powering his new squad to an 87-83 triumph over fellow expansion squad Mindoro Tamaraws in the MPBL Lakan Season at the San Andres Gym in Manila. “Medyo disappointed ako sa sarili ko kasi nu’ng nag-PBA ako, medyo tumaba ako, hindi ako naging masyadong disiplinado, kaya dito sa MPBL, may gusto akong i-prove dahil gusto ko ulit makabalik sa PBA,” Tallo said. Tallo wasted no time. The son of former PBA player Mark Anthony Tallo knocked in 14 second quarter points, then pumped in 10 in the pivotal fourth, including his team’s last six points. His jumper in the last 38 seconds proved to be the dagger as he towed Bacolod to the win column. Manila whipped Nueva Ecija, 96-86, in the other game as the Frontrow-backed Stars used their ﬁrepower to the hilt in dealing their rivals a sound beating. Carlo Lastimosa, one of the few ex-pros picked up in the off season, presided on the Stars’ offense as he pumped in 20 points while Chris Bitoon added 18 markers. A big revelation for Manila was Jollo Go, who added 14 while Aris Dionisio, the reigning Defensive Player of the Year, had another double-double performance of 10 points and 10 rebounds. The MPBL returns to the Valenzuela Astrodome on Wednesday with another triple header. Host team Valenzuela takes on powerhouse Bataan in the main game at 8:30 p.m. right before the match between two other title contenders— Basilan and Pampanga—which collide at 6:30 p.m. In the curtain raiser, struggling team Caloocan takes on Pasig at 4 p.m.

PLDT keeps Marinerang Pilipina winless PLDT Home Fibr turned back Marinerang Pilipina, 25-21, 25-20, 18-25, 25-14, for its second straight win in the Philippine Superliga All-Filipino Conference yesterday at the FilOil Flying V Centre in San Juan City. Gretchel Soltones has a strong start and a stronger ﬁnish as the Power Hitters kept the Lady Skippers winless in this prestigious women’s club tourney bankrolled by Team Rebel Sports, SOGO, Eurotel, PCSO, Cocolife, UCPB Gen, Mueller, Senoh, Asics, Bizooku and One Sport.

Games Tomorrow:

(Filoil Flying V Centre) 4:15 p.m. – PLDT vs Cignal 7:00 p.m. – Petron vs F2 Logistics

Soltones, the former San Sebastian College star, delivered 19 kills and two blocks for a 19-point performance for the Power Hitters, who joined idle Generika-Ayala at the third spot with a 2-1 win-loss slate. Aside from Soltones, who also had 12 digs and 10 excellent receptions, Aiko Urdas was also impressive with

15 points while setter Jasmine Nabor did a marvelous job controlling the tempo with 21 excellent sets. Despite the victory, however, PLDT head coach Roger Gorayeb wasn’t satisﬁed. “It seems that they are out of focus. That’s not the game I wanted to see after months of practice and a year of togetherness” Gorayeb said. “There’s no steam, we’re lacking of intensity. I’m thankful for the win but they always need a wake-up call before picking up a victory.” PLDT’s Gretchel Soltones scores against the Power Skippers.

Government, public sector kick off support for para athletes

Many-time long jump queen Elma Muros Posadas was one of the torch bearers.

THE Philippine Olympic Committee and the Philippine Paralympic Committee joined forces Saturday at the College of Science Oval in UP Diliman to stage a unity event among various sports sectors to prepare for the coming Southeast Asian Games later this year and the ASEAN Para Games in 2020. Billed as Olympic Day and Lakad Para Atleta 2019, the event witnessed for the ﬁrst time ever, a unity walk of abled body athletes walking side by side with para athletes to give life to the event theme, “Unity and Transformation Through Sports.” The event was highlighted by a torch relay that featured ﬁve pairs of Olympians and Paralympians traversing the 500-meter oval, symbolizing inclusiveness and equality for all. The torch relay culminated in a cauldron lighting ceremony followed by the Lakad Para Atleta Legacy Walk participated in by athletes and nonathletes, including a huge group from Citi Phil-

ippines as key supporter of PPC and the Paralympic movement. After the walk, the Philippine Olympians Association turned over seedlings to the University of the Philippines to express their advocacy that sports can be used for the betterment of the environment. Exhibitions and participative activities followed in arnis, skateboarding, athletics, karate, underwater hockey, petanque and parasports like Braille Chess, Wheelchair Racing, Wheelchair Basketball and Para Athletics entertained attendees. A Body Combat session conducted by Fitness First turned the event into a sports fair. “We are overwhelmed by the show of support from our partners in the government and private sectors, especially Citi Philippines. This is a big push for our national athletes who will be competing for the country in the upcoming SEA Games this November and the ASEAN Para Games in January 2020!,” said PPC President

Michael Barredo. For his part, Citi Philippines CEO Aftab Ahmed said that by supporting the event, Citi Philippines is expressing its corporate commitment. “Para Athletes are truly an inspiration as they overcome the odds to achieve and excel with courage and determination. Today is an opportunity for us to become advocates of their cause, so that we can break down the perceptions around disability and push for inclusion and equality for all.” Olympic Day is an annual global event of the Olympic Movement that promotes the sharing of the Olympic Ideals, its Olympic Day pillars of Move, Learn, and Discover and the Olympic values of Excellence, Friendship, and Respect. The event was introduced in 1948 to commemorate the birth of the modern Olympic Games in June 1894 at the Sorbonne in Paris. Around 3,000 people from all walks of life registered for the event.

Sports

Riera U. Mallari, Editor; Reuel Vidal, Assistant Editor sports@manilastandard.net sports_mstandard@yahoo.com

WEDNESDAY, JUNE 26, 2019

‘Damaged’ POC to hold polls

REVIEW of the technical handbook and the ongoing preparations for the 30th Southeast Asian Games were supposed to take place.

Instead, Philippine Olympic Committee Chairman Abraham “Bambol” Tolentino declared the POC Extraordinary General Assembly at the GSIS gymnasium as invalid as he sought an election within 10 days. The vacant posts will be ﬁlled up in elections expected to happen on July 5. Following the two-hour meeting behind closed doors, POC President Joey Romasanta said he is vacating his post to give way to new elections. “Medyo mahaba ang process. Honestly, I don’t know if we can do it in 10 days if you are to comply with the procedures,” said Romasanta, who gave up his post as president, along with the positions held by POC spokesman Clint Aranas

and other members of the board. Tolentino said he did not want to be part of an invalid meeting, which was the reason why the gathering was immediately terminated. He reasoned out that the Chairman had the power to call for new elections when key positions in the POC, like the presidency, are left vacant. Tolentino also added that only a president of a national sports association is qualiﬁed to become president. Romasanta is vice president of volleyball. Legal counsel Charlie Ho explained that the present members of the executive board composed of Tolentino, Jonee Go, Aranas, Julian Camacho, Mikee Cojuangco and Cynthia Carrion will run the

organization in a holdover capacity. Absentees like Prospero Pichay, Robert Mananquil and Jeff Tamayo will still have to tender their resignations. “This is something I should have done a long time ago. They need fresh faces, new ideas in the POC. We have a divided General Assembly. Hopefully, the next generation, the new set of ofﬁcers will be able to address this immediately, and change the image of the POC. The POC, as it is, is a damaged organization,” said Romasanta. The new shakeup comes two weeks following the resignation of Ricky Vargas as president of the POC, with Romasanta, as VP, assuming his post. Vargas’ resignation came after the executive board sought questions and clariﬁcations on the ad hoc committee and the PHISGOC (Philippine Southeast Asian Games Organizing Committee) Founda-

tion he formed thereafter. There were allegations that the Foundation took over some of the functions of the POC and made some crucial decisions like the creation of the ofﬁcial SEA Games logo, mascot and other marketing collaterals. All of these were said to have been done without the blessing of the POC executive board. With Romasanta stepping down, Tolentino will now be the one who will communicate with PHISGOC Chairman Congressman-elect Alan Peter Cayetano in the coming days to help map out preparations for the SEA Games. Their meeting was supposed to take place over the last four days. But Cayetano was still in Bangkok, attending a meeting of the leaders’ summit of the Association of Southeast Asian Nations.

Emotional Giannis named NBA’s MVP LOS ANGELES—Milwaukee Bucks star forward Giannis Antetokounmpo was named the NBA’s Most Valuable Player for the 2018-19 regular season on Monday. The 24-year-old from Greece wept as he accepted the honor at the glitzy NBA Awards show broadcast from Santa Monica, California, becoming the youngest MVP since Derrick Rose was the youngest winner ever in 2011. Antetokounmpo beat out 2018 MVP James Harden of the Houston Rockets and Oklahoma City Thunder forward Paul George for the honor. Antetokounmpo, in his sixth season with the Bucks, averaged 27.7 points and 12.5 rebounds as he led Milwaukee to the best regular-season record in the league with 60 wins and 22 defeats. They reached the Eastern Conference finals where they fell to the Toronto Raptors, who would go on to lift the title. “I want to thank my team, my teammates,” Antetokounmpo said. “It takes more than one person to win 60 games. Every time I walked to the locker room I saw my teammates were ready to fight, they were ready to go to war with me.” He also thanked a coaching staff led by head coach Mike Budenholzer, who was named Coach of the Year earlier in the evening. And he cited the management and ownership of the club “for believing in me when I was 18 years old back in Greece.” Antetokounmpo struggled to get the words out as he also gave thanks to his late father, Charles Antetokounmpo, who died in 2017. “Every day I step on the floor, I always think of my dad,” he said. Antetokounmpo became the first Bucks player named MVP since 1974 when Kareem AbdulJabbar—a three-time MVP in Milwaukee—took home the award. NBA legend Abdul-Jabbar introduced Antetokounmpo as a finalist during the show. Antetokounmpo also joined Hakeem Olajuwon (Nigeria), Tim Duncan (US Virgin Islands), Steve Nash (Canada) and Dirk Nowitzki (Germany) as the only international MVPs. Doncic top rookie Slovenia’s Luca Doncic won the Rookie of the Year award after a stellar campaign for the Dallas Mavericks. Doncic, 20, joined Jason Kidd as the only Mavericks to win Rookie of the Year, Kidd sharing the honor with Detroit’s Grant Hill for the 1994-95 season.

Giannis Antetokounmpo #34 of the Milwaukee Bucks peaks with the media during a press conference after the 2019 NBA Awards Show at the Barker Hangar on June 24, 2019 in Santa Monica, California. AFP

Doncic was widely expected to scoop the award despite a late-season surge by Atlanta point guard Trae Young, the player for whom Doncic was traded on draft night in 2018. Doncic averaged 21.2 points, 7.8 rebounds and 6.0 assists for the 33-49 Mavericks, compared to Young’s

averages of 19.1 points, 8.1 assists and 3.7 rebounds for the 29-53 Hawks. He became the second player, after 1961 Rookie of the Year winner Oscar Robertson, to average at least 20 points, seven rebounds and six assists per game in his ﬁrst year. AFP

Juvic guns for 3rd straight PGT crown

Juvic Pagunsan all fired up for another title crack

FULLY rested, Juvic Pagunsan decided to pursue his drive for a third straight championship on the Philippine Golf Tour, bannering another crack international field in the ICTSI Iloilo Golf Challenge which unfolds today (Wednesday, June 26) at the Iloilo Golf and Country Club in Sta. Barbara. Pagunsan had earlier hinted at skipping this week’s event after sweeping the Bacolod legs in Binitin and Marapara the last two weeks to take a much-needed break. But the ace Negrense made a change of heart and took the first flight from Negros to Iloilo Monday to resume his hunt for another crown. “I have rested and my wife is okay,” said Pagunsan, referring to his spouse, who fell ill last week that also prompted him to reconsider his decision to play and defend his crown in Negros Occidental Golf Classic. “Now, I can fully concentrate (on my game) although I don’t want to sound so confident. But as always, I’ll give it my best shot,” added the smooth-swinging shotmaker who aiming to duplicate Tony Lascuña’s three-peat feat at Eagle Ridge, Forest Hills and Bacolod in 2016. That makes the 41-year-old Japan PGA Tour campaigner the top favorite in the 72-hole championship wrapping up the Visayan swing of the circuit sponsored by ICTSI, kicking off his bid for another crown at 7:55 a.m. on No. 10 with Elmer Salvador and Teemu Putkonen of Finland. But a host of others are also going flat out to foil his bid, including James Ryan Lam and Nilo Salahog, runner-up and joint third placer, respectively, last week, along with Jhonnel Ababa, Tony Las-

cuña, Jay Bayron, Michael Bibat, Keanu Jahns, Ira Alido, Joenard Rates and Justin Quiban. “I think I’ll go for the reachable par-4s but I have to play it smart,” said Lam, who actually threatened within one off Pagunsan after 36 holes in Negros but faltered in the third round with a 71 before rallying with a 69 to snare runner-up honors. Salahog, who also moved within one off Pagunsan in the third round but blew his bid with a closing 73, also exudes confidence despite that shaky finish although he stressed the need to endure the pressure to be posed by the elite field and the short but tricky course. “I just have to play pressure-free and stay focused in all four days. Just make sure to hit the fairways and greens and make the most of the birdie chances,” said Salahog, seeking a breakthrough in the circuit organized by Pilipinas Golf Tournaments Inc. Lam drew American Pete Vilairatana, who tied Salahog at third in Negros, and Rates in the 7:35 a.m. group, also on No. 10, while Salahog starts at 7 a.m. on the first hole with Arnold Villacencio and Thai Tawan Phongphun. Other foreign aces tipped to contend for the crown in the event backed by Custom Clubmakers, Meralco, Champion, Summit Mineral Water, K&G Golf Apparel, BDO, Sharp, KZG, PLDT and M.Y. Shokai Technology, Inc. are Aussies Tim Stewart, runner-up to absentee Jobim Carlos here last year, Fidel Concepcion and Calum Juniper, Americans Lexus Keoninh, Greg Gonzalez. Charles Lee and Sean Talmadge and Japanese Ryui Hashimoto, Kei Matsuoka, Kanata Nakagawa and Yudai Suzuki.

NorthPort tries to move nearer top 2 placing By Jeric Lopez ALREADY in the quarterfinals, redhot NorthPort now sets its sight on inching closer to a top two finish in the elimination round of the 2019 Philippine Basketball Association Commissioner’s Cup. Winners of four straight, the Batang Pier (7-1) can retake solo leadership as it goes for a fifth consecutive win when it plays Phoenix Pulse (2-4) at 4:30 p.m. at the Smart Araneta Coliseum today. Succeeding this will be a clash between streaking Magnolia (3-2) and powerhouse San Miguel (2-3) at 7 p.m. Still keeping its consistent play despite the departure of former superstar Stanley Pringle, NorthPort is feeling good about where it is at right now. The Batang Pier is currently tied with TNT KaTropa for first place with their similar cards. The three gunners they got from the Pringle trade, Kevin Ferrer, Jervy Cruz and Sol Mercado, immediately showed that the deal was a good one for the Batang Pier. The trio, who came from Barangay Ginebra in exchange for Pringle last week, all scored in double-figures right away in their first game in a Batang Pier uniform to help NorthPort waylay Blackwater, 127-99, last Saturday. “I told you all, these three players will be a big help to us,” said NorthPort coach Pido Jarencio. “We now have a much deeper rotation.” Phoenix, on the other hand, has been anything but consistent. The Fuel Masters are yet to gain steam and have lost their last assignment, against Magnolia, 99-96, also last Saturday. After losing their first two assignments, the Hotshots have now won three in a row and are looking for their fourth straight in their Philippine Cup finals rematch with San Miguel. The Beermen are uncharacteristically in the lower echelon at the moment but they are hoping to once again have success against the Hotshots to improve their current position. San Miguel edged out Magnolia, 4-3, in a thrilling seven-game finale in the Philippine Cup to win its fifth straight jewel in the season-opening tournament. The Beermen have won their last outing, downing Alaska, 119-107, last Friday night.

Simple ceremonies to usher in new NCAA season THE National Collegiate Athletic Association is preparing a simple yet elegant opening ceremony to usher in Season 95 of the league two weeks from now. Peter Cayco of host Arellano University said the NCAA Management Committee of which he is the chairman, has decided to do away with having a special guest speaker during the July 7 opener and instead will just have the games declared open by the league’s Policy Board President Francisco Cayco. “We’re deviating a little from the usual. We will have no special guests or even guest speakers. Our Policy Board president will only declare the season open,” said Cayco in detailing the program preceding the opening day doubleheader at the Mall of Asia Arena starting at 12 noon. “Each of the 10 presidents of the 10 universities or schools will have their time to give their messages to be played during the opening ceremony.” Instead, the host school has prepared a colorful setting that centers on Filipiniana and pistahan tradition of the Filipinos. “‘Yan ang ating theme showcasing all the member schools and not just the host school,” stressed Cayco in the weekly Philippine Sportswriters Association Forum at the Amelie HotelManila on Tuesday as he appeared as guest along with commissioner for basketball Tonichi Pujante. The games remain the staple attraction of the country’s oldest collegiate league, with the centerpiece event of basketball kicking off hostilities for the new season. Letran battles back-to-back runner up Lyceum in the 2 p.m. curtain raiser followed by the main game between Arellano and three-time defending champion San Beda at 4 p.m.

IN BRIEF PNOC, Lloyds sign LNG deal

STATE-RUN Philippine National Oil Co. signed a memorandum of understanding with Dubai-based Lloyds Energy to explore ways to develop liquefied natural gas facilities and natural gas power plants in Bataan and Batangas provinces. “The country needs an LNG power plant and an oil depot. These steps will encourage also the private sector to consider these directions, just like what we did with the LNG hub,” PNOC president Reuben Lista said when asked for comment. The agreement, which also explores the viability of oil importation and storage, was signed on Monday. Lista did not disclose details of the MOU because of non-disclosure provisions. “It’s a welcome development as it is about the 1,000 or 1,200-megawatt LNG merchant power plant that Lloyds intends to put up in the Philippines. This will help augment our supply as soon as possible,” Energy Secretary Alfonso Cusi said. Lloyds Energy is the first company to submit an unsolicited proposal to PNOC for the development and construction of an integrated LNG hub with storage, liquefaction, regasification and distribution facility as well as a power plant. Alena Mae S. Flores

Dominguez expects growth above 6%

FINANCE Secretary Carlos Dominguez III said he expects the economy to grow beyond 6 percent this year after the budget impasse was resolved in April. “Even though the 5.6-percent GDP growth in the ﬁrst quarter was lower than expected, now the national budget for 2019 has been enacted, the DoF continues to expect GDP growth to surpass 6 percent by the end of the year,” Dominguez said in a recent discussion with representatives of Oxford Business Group. Dominguez also cited the wide-ranging economic impact of the Tax Reform for Acceleration and Inclusion package 1 that took effect in January last year. Dominguez said the Train law attained 108.1 percent of its revenue target in 2018, enabling the government to increase public infrastructure investment. “By 2020, the DoF aims to have all tax reform packages in place, including the reduction of the corporate income tax from 30 percent to 20 percent and the reduction in the number of capital income tax rates from 80 to 42,” he said. Large-scale infrastructure development is a priority for the current administration under the umbrella of its ﬂagship “Build, Build, Build” program which covers 75 priority projects. Julito G. Rada

Business Govt posted P2.6-b surplus in May on strong collection By Julito G. Rada

HE government posted a budget surplus of P2.6 billion in May, a reversal of the P32.9-billion deficit a year ago, as strong revenue collections outpaced government spending which was exacerbated by the delay in the approval of the 2019 national budget. Data from the Bureau of the Treasury showed this was the third month that a budget surplus was recorded this year. “This brought the cumulative deficit for the first five months to only P809 million, far lower than the P138.7billion budget gap recorded for the comparative period last year, mainly caused by the delay in the approval of the 2019 budget,” the Treasury said. ING Bank Manila senior

economist Nicholas Mapa said that after holding back the first-quarter GDP growth at 5.6 percent, “the ill effects of the budget delay appear to have seeped into the second quarter with the May budget surplus hitting P2.6 billion.” “With government spending curtailed for the most part of the current quarter, the government is scrambling to implement ‘catch up’ spending for the second half of the year. The month of May has been a deﬁcit month for the last three years with the economy getting a nice boost from the government to complement mainstay household consumption growth,” Mapa said. He said with capital formation still likely to post lackluster numbers as evidenced by anemic car sales and weaker imports of capital goods and raw materials, second-quarter GDP would likely need to lean on household consumption heavily yet again. Revenue collections in May climbed 22.5 percent to P317.2 billion from a year ago as a result of improved collections by major revenue generating

agencies. This brought the five-month collections to P1.313 trillion, up by 10.7 percent from a year earlier. Tax revenues accounted for 89.1 percent of the total. Collections from tax and non-tax sources improved by 9.7 percent and 19.6 percent, respectively, compared to the same period last year. The Bureau of Internal Revenue raised P204.8 billion in May, up 19.1 percent year-on-year, which was the highest growth attained by the agency in the first five months of 2019. Cumulative revenues as of end-May rose 9.8 percent or P80.8 billion to P908.5 billion. The Bureau of Customs collected P58.2 billion in May, or 10.3 percent higher than P52.7-billion it hauled in in May 2018. Customs collection grew 9.8 percent in the first five months to P251.7 billion. The Bureau of the Treasury generated P35.7 billion in May, or 66.8 percent higher than last year. The growth was propelled by higher dividends on shares of stocks. Cumulative BTr income as of end-May amounted to P77.0 billion, up 31.9 percent year-on-year.

Malaysian company to build telco towers

MALAYSIA-BASED integrated telecommunications infrastructure services company Edotco Group Sdn. Bhd. is set to construct common towers in the Philippines to provide reliable and enhanced connectivity. Suresh Sidhu, chief executive of Edotco Group, said the increasing mobile use among Filipinos and the entry of 5G were the key reasons for investing in shared infrastructure. He said that an increase in the number of phones using 5G would translate into smaller radius coverage for the towers as they would need to accommodate the higher frequencies needed to provide better-quality internet services. “With tower sharing, operators can expand coverage for less. It is more cost-efﬁcient as two operators or more are able to utilize one tower. This also beneﬁts the environment as we are able to reduce the overall carbon footprint produced when building a tower,” Sidhu said. Tower sharing has proven to promote effective coordination and provide communities with greater access to reliable and enhanced connectivity, he said. Government data showed that at least 50,000 towers were needed to provide adequate service to 108 million Filipinos across the country. Darwin G. Amojelar

THAI INVESTORS. The Trade Department organizes a courtesy call for 20 Thai executives with President Rodrigo Duterte (center) to encourage Thai investments in the Philippines. The executives are from the agro-industry, banking, cement, chemical, food, energy, real estate and tourism sectors. The president invited the Thai investors to ride on the momentum of Philippine growth story and invest especially in the new industrial destinations of Metro Manila, Pampanga, Clark, Cebu, Bohol and Davao during the courtesy call on June 22 at the sidelines of the 34th Asean Summit.

Chelsea Logistics places order with Fukuoka for 123-m RoRo ship

By Darwin G. Amojelar CHELSEA Logistics and Infrastructure Holdings Corp. said Tuesday it signed a shipbuilding agreement with Fukuoka Shipbuilding Co. Ltd. of Japan for the construction of a 123-meter passenger roll-on/roll-off ship. The passenger ferry ship which can carry 1,085 passengers, 24 buses and 11 trucks, is scheduled for delivery in June 2021. “Our thrust of improving the shipping and logistics industry, together with Fukuoka’s more than seven decades of shipbuilding expertise, will allow us to accommodate the growing number of passengers in the Visayas and Mindanao regions while employing a signiﬁcant number of Filipinos onboard,” Chelsea president and chief executive Chryss Alfonsus Damuy said.

“We are certain that we can count on Fukuoka’s leadership and look forward to joining hands with them as we continuously create long-term value for our stakeholders,” Damuy said. The company earlier signed a strategic agreement with Kumiai Senpaku Co. Ltd. to ﬁnance the construction of a new passenger vessel of wholly-owned subsidiary Starlite Ferries Inc. The holding company of the shipping and logistics arm business segments of the Udenna Group of Companies said the 98-meter passenger ferry with Hull S-1191 would be built by Kegoya Dock Co.Ltd. at its shipyard in Hiroshima, Japan and would be delivered in April 2020. The S-1191 vessel will be the subject of a 20-year bareboat charter agreement between Kumiai’s subsidiary Southern Paciﬁc Holding Corp. as owner and Starlite Ferries Inc. as charterer.

Ray S. Eñano, Editor Roderick T. dela Cruz, Assistant Editor business@manilastandard.net extrastory2000@gmail.com WEDNESDAY, JUNE 26, 2019

Petron lists P20b worth of shares By Alena Mae S. Flores OIL refiner Petron Corp. on Tuesday listed P20 billion worth of preferred shares, the company’s biggest, at the Philippine Stock Exchange. The amount represents the base offer of P15 billion and the oversubscription option of P5 billion amid the strong response of institutional investors and trading participants. Dividend rates per annum on the preferred shares is 6.8713 percent for Series 3A and 7.1383 percent for Series 3B. Petron teamed up with BDO Capital & Investment Corp., BPI Capital Corp., China Bank Capital Corp. and PNB Capital and Investment Corp. as joint issue managers, joint lead underwriters and joint bookrunners. First Metro Investment Corp. was a co-lead underwriter. “We thank the investment community for their warm reception and strong desire to be part of our continued growth. The success of this fundraising exercise highlights our position as the leading oil player and as a viable investment option,” Petron president and chief executive Ramon Ang said in a statement. Part of the proceeds will be used for the redemption of Petron’s outstanding Series 2A preferred shares issued in 2014 while the balance will be utilized for short-term debt repayment and general corporate purposes. “We will continue to pursue our strategic goals and follow through with our investments despite volatility in the global market. We remain committed to fueling economic growth and to bringing greater value to our shareholders,” Ang said. Ang earlier said he was hoping that crude prices would remain stable in the coming years. Recent volatility in oil prices in the world market and the effect of the second phase of the Tax Reform for Acceleration and Inclusion Act brought down Petron’s profit in the first quarter. Petron’s net income dropped to P1.2 billion in the first quarter from P5.8 billion in the same period last year. “We can only hope that the crude oil price will be stable in the coming years…If you notice, Petron, despite all of that―inventory losses, new taxes, huge oil price drop, etc. Our income declined but we did not lose [money],” Ang said.

Businessmen turned more bullish in the second quarter BUSINESSMEN became more bullish in the second quarter, partly boosted by election-related spending in the run-up to the elections in May, according to the latest business expectations survey conducted by the Bangko Sentral ng Pilipinas. The BSP said the overall confidence index in the second quarter rose to 40.5 percent from 35.2 percent in the first quarter. This indicated that the number of optimists increased and continued to be greater than the number of pessimists in the quarter. The confidence index is computed as the percentage of firms that answered in the affirmative less the percentage of firms that answered in the negative with respect to their views on a given indicator. “Respondents attributed their more upbeat outlook to expectations of the usual uptick in demand during summer [in view of the foreseen increase in the number of local and foreign tourists], enrollment and

harvest periods, election-related spending in the run-up to the elections in May 2019, sustained increase in orders and projects leading to higher volume of production,” the BSP survey said. Other reasons cited were the expansion of businesses and new product lines and the continued roll-out of government infrastructure and development projects with the approval of the 2019 national budget. “They were also optimistic that their business operations would benefit from the favorable macroeconomic conditions in the country, particularly the easing of inflation in 2019,” the BSP said. Inflation averaged 3.6 percent in the first five months, within the Bangko Sentral’s official target range of 2 percent to 4 percent for the year. The BSP said the sentiment of businesses in the Philippines mirrored the more positive business outlook in Canada, France, Greece, Hungary, Israel and

South Korea. However, business sentiments in Brazil, Chile, the Euro Area, the Netherlands and the United States were less buoyant. Business outlook, however, was less positive as the confidence declined to 47.6 percent from 52 percent in the previous quarter. Business optimism was dampened on the back of expectations of interruption of business activities during the rainy season and stiffer competition. Meanwhile, another survey showed that the consumer outlook was broadly steady for the second quarter of 2019, as the overall confidence index remained negative but showed a marginal decline to -1.3 percent from -0.5 percent in the first quarter. The latest Consumer Expectations Survey said this showed that the pessimists continued to outnumber the optimists, but the margin, while increasing slightly, remained narrow from the previous quarter. Julito G. Rada

Aboitiz group seeks Neda approval to run two regional airports By Jenniffer B. Austria ABOITIZ Equity Ventures Inc. expects to obtain the National Economic and Development Authority’s approval to operate two regional airports before the end of 2019. AEV chief ﬁnance ofﬁcer Manuel Lozano said in a recent interview the company’s unsolicited proposals to upgrade, expand, operate and maintain the Bohol-Panglao International Airport and Laguindingan Airport in Laguindingan, Misamis Oriental were being reviewed by the Neda board. He said that once approved, the Swiss Challenge for the unsolicited bids would proceed. “We are hoping that we will be able to get Neda approval and do the Swiss Challenge before the end of the year.

But we want to give them enough time to evaluate these projects,” Lozano said. Both the Bohol and Laguindingan airport projects earlier secured original proponent status from the government. Neda is now evaluating the proposals. They will then be subjected to a Swiss Challenge where other parties can submit competing bids that the original proponent will have the right to match. Aboitiz InfraCapital Inc., the infrastructure arm of the Aboitiz Group, earlier teamed up with Irish airport operator Daa International for the future upgrade, expansion, operations and maintenance of the Bohol-Panglao and Laguindingan Airports. AIC said the proposed improvements to the Bohol-Panglao International and Laguindingan airports would result in an efﬁcient passenger ﬂow within the airport

terminals, a better retail and dining experience and increased ﬂight destinations with reduced congestion at the terminals. Passenger trafﬁc at Laguindingan Airport has been above the airport’s design capacity of 1.6 million passengers per year from the time the airport began operations in 2013, based on statistics from the Civil Aviation Authority of the Philippines. Two million passengers passed through this airport last year. Meanwhile, the Bohol-Panglao International Airport is bracing for a similar congestion level. According to airport consultant ICF, tourism in Bohol posted an annual growth rate of 25.2 percent from 2011 to 2017 and 30 percent from 2016 to 2017 as Bohol attracted 1.3 million tourists. Panglao is the most popular destination, welcoming 704,000 tourists in 2017.

MINING SPEAKER. Eulalio Austin Jr., president and chief executive of Philex Mining Corp., one of the oldest and largest copper and gold producers in Southeast Asia and a leader in right and responsible mining, is the guest of honor and speaker in the 50th luncheon of the Philippine Mining Club at I’M Hotel in Makati City. Austin spoke on the future of Philex’s Padcal and Silangan projects. Silangan Copper-Gold Project in Surigao del Norte is one of three big ticket projects that have the potential to propel the Philippines to becoming the top copper producer in the world.

Business

WEDNESDAY, JUNE 26, 2019 extrastory2000@gmail.com

Stock market ends five-day rally S TOCKS fell Tuesday to end a ﬁve-day rally, amid increasing concerns over the conﬂict between the United States and Iran.

The Philippine Stock Exchange index, the 30-company benchmark, retreated 26 points, or 0.3 percent, to close at 8,034.09. Despite Tuesday’s loss, the bellwether was still up 7.6 percent since the start of the year. The broader all-share index also declined 13 points, or 0.3 percent, to settle at 4,909.00 on a value turnover of P6.6 billion. Losers outnumbered gainers, 102 to 97, while 56 issues were unchanged. Nine of the 20 most active stocks ended in the green, led by Cemex Holdings Philippines Inc. which jumped 7.9 per-

cent to P3.13 and Abacore Capital Holdings Inc. which climbed 6.2 percent to P0.86. First Gen Corp. advanced 5.8 percent to P26.45. Increasing concerns about a conﬂict between the United States and Iran hit Asian equity markets Tuesday and sent gold prices to a fresh six-year high, jolting investor conﬁdence days ahead of crucial trade talks between Donald Trump and Xi Jinping. The latest round of sanctions against supreme leader Ayatollah Ali Khamenei and military top brass meant the “permanent closure of the path to diplomacy”, the Islamic republic’s foreign ministry said. Trump unveiled the new restrictions Monday, days after the downing of a US “spy drone” that Tehran said had entered its airspace. The tweet, from ministry spokesman Abbas Mousavi, provided a catalyst

to sell for Asia stock traders, who had been sitting on their hands ahead of the Trump-Xi meeting at the end of the week. In afternoon trade Hong Kong fell 1.4 percent, while Shanghai was 1.7 percent off and Tokyo dropped 0.6 percent off, with proﬁt-taking after a recent rally adding to selling pressure. Sydney was down 0.1 percent, Seoul and Singapore each retreated 0.3 percent and Taipei lost 0.8 percent. Still, Wellington, Bangkok and Jakarta were slightly higher. London fell 0.5 at the open, while Frankfurt and Paris each lost 0.4 percent. Safe haven investments climbed, with gold breaking $1,430 for the ﬁrst time since September 2013, with a softer dollar adding support, while the yen—a go-to unit in times of turmoil—was up against the greenback.

Traders were also keeping tabs on developments in the China-US trade standoff as the leaders prepare for crunch talks on the sidelines of the G20 in Osaka. World markets have rallied since Trump last week ﬂagged positive phone talks with Xi and said they would discuss their trade spat. On Tuesday, Chinese state media said top-level negotiators for both sides had held discussions ahead of the meeting, and “exchanged opinions on economic and trade issues”. The call took place “at the request of the US side” and they agreed to maintain contact, the Xinhua news agency said. “The G20 will not get going until midweek, but the anticipation of a meeting between the leaders of China and the US is keeping markets guessing,” said Oanda senior market analyst Alfonso Esparza. With AFP

MANILA STANDARD BUSINESS DAILY STOCKS REVIEW TUESDAY, JUNE 25, 2019

NAME

OPEN

HIGH

LOW

VOLUME

VALUE

NET FOREIGN BUYING/(SELLING),

FINANCIALS ASIA UNITED BANK PH ISLANDS BDO LEASING BDO UNIBANK BRIGHT KINDLE CHINABANK COL FINANCIAL EAST WEST BANK FERRONOUX HLDG FILIPINO FUND IREMIT MANULIFE MEDCO HLDG METROBANK NTL REINSURANCE PB BANK PHIL NATL BANK PHIL STOCK EXCH PSBANK RCBC SECURITY BANK UNION BANK VANTAGE

58.4 80.25 2.32 141.8 1.21 27.9 18.6 11.52 5.08 7.7 1.36 760 0.49 74.4 0.99 13.2 50 191 57.65 28.8 169.5 62.05 1.12

58.5 80.8 2.36 143.2 1.24 28 18.6 11.66 5.1 7.7 1.36 760 0.51 74.45 0.99 13.2 50.3 192.8 57.65 28.8 170 62.05 1.12

58.4 79.8 2.32 138.4 1.14 27.85 18.6 11.48 4.92 7.7 1.36 760 0.48 72.15 0.96 13.2 49.25 190 57.2 28 168.8 62 1.12

58.4 79.8 2.36 141 1.19 27.95 18.6 11.66 5 7.7 1.36 760 0.51 73 0.99 13.2 49.75 191 57.2 28.1 170 62 1.12

4,450 2,320,990 108,000 2,491,810 322,000 950,900 11,900 319,100 219,300 400 38,000 10 378,000 2,725,710 279,000 103,700 778,800 330 1,030 346,000 193,120 24,410 20,000

259,980 185,951,776.50 254,720 353,785,476 378,230 26,615,905 221,340 3,689,648 1,100,308 3,080 51,680 7,600 184,580 199,344,821.50 271,600 1,368,840 38,767,160 63,214 59,092.50 9,787,415 32,809,417 1,513,545.50 22,400

140,160 -52,691,929 97,732,800 514,450 -1,152,292 -59,060 30,600 -21,676,039 0 5,730,150 -6,285,630 24,443,756 510,764.50 -

INDUSTRIAL ABOITIZ POWER AGRINURTURE ALLIANCE SELECT ALSONS CONS BASIC ENERGY BOGO MEDELLIN CEMEX HLDG CENTURY FOOD CHEMPHIL CIRTEK HLDG CNTRL AZUCARERA CONCRETE A CONCRETE B CROWN ASIA DAVINCI CAPITAL DEL MONTE DNL INDUS EAGLE CEMENT EEI CORP EMPERADOR FIRST GEN FIRST PHIL HLDG GINEBRA GREENERGY HOLCIM INTEGRATED MICR IONICS JOLLIBEE LIBERTY FLOUR MACAY HLDG MANILA WATER MAXS GROUP MEGAWIDE MERALCO MG HLDG PANASONIC PEPSI COLA PETROENERGY PETRON PHINMA PHINMA ENERGY PHX PETROLEUM PILIPINAS SHELL RFM CORP ROXAS AND CO ROXAS HLDG SFA SEMICON SHAKEYS PIZZA SMC FOODANDBEV SPC POWER TKC METALS UNIV ROBINA VICTORIAS VITARICH VULCAN INDL

35.3 14.28 0.78 1.39 0.28 90 2.91 15.14 105 21.4 16.48 67 73 2.12 5.27 5.8 10.44 15.9 10.82 7.58 25 78.75 60 2.48 13.56 10.1 1.65 287.2 50 9.15 24.5 13.82 19.54 382 0.186 5.97 1.4 4.57 6 9.28 2.62 12.1 38.25 4.85 1.38 1.97 1.2 13.98 109.5 6.59 1.24 175.9 2.59 1.26 1.54

35.7 14.4 0.78 1.39 0.28 95.95 3.14 15.14 105 22.1 16.48 78 94.65 2.14 5.3 5.9 10.58 15.96 10.98 7.7 26.45 79.75 60.5 2.52 13.76 10.2 1.7 288.8 50 9.49 24.5 14.28 19.76 386 0.187 5.98 1.47 4.63 6.02 9.3 2.82 12.18 38.55 4.85 1.41 1.97 1.2 13.98 109.5 6.59 1.26 178.5 2.59 1.27 1.55

34 14.2 0.75 1.38 0.275 90 2.91 15 105 20.5 15.3 64 69.9 2.1 5.25 5.8 10.44 15.9 10.82 7.58 24.9 78.25 57 2.4 13.52 10.08 1.65 284.2 50 9.13 24.15 13.82 19.5 376.8 0.186 5.9 1.38 4.57 5.95 9.28 2.6 11.98 38.25 4.85 1.37 1.89 1.15 13.7 107.1 6.43 1.23 175.6 2.59 1.24 1.45

35 14.36 0.75 1.39 0.28 95.95 3.13 15 105 20.6 15.3 75.9 92.8 2.12 5.25 5.82 10.54 15.96 10.88 7.65 26.45 79.75 57.95 2.52 13.64 10.2 1.7 286.8 50 9.3 24.5 14.28 19.5 376.8 0.187 5.9 1.47 4.63 5.95 9.3 2.73 12.18 38.25 4.85 1.4 1.89 1.19 13.82 108 6.58 1.24 177.4 2.59 1.25 1.5

1,278,500 711,800 805,000 106,000 3,800,000 660 37,279,000 76,800 80 103,000 1,000 106,060 20,440 917,000 113,800 66,000 2,525,400 49,800 771,200 1,811,700 7,230,900 134,370 413,110 14,693,000 625,100 148,300 217,000 800,460 30 4,900 593,000 664,500 5,104,200 171,850 220,000 15,100 8,022,000 26,000 1,144,300 12,000 54,849,000 109,900 176,600 4,000 527,000 25,000 197,000 664,300 84,750 249,600 1,020,000 1,586,430 7,000 1,900,000 35,115,000

44,717,850(15 10,209,954 609,900 146,450 1,047,700 59,519 114,409,520 1,155,182 8,400 2,153,265 15,654 7,413,244.50 1,752,305.50 1,947,740 597,840 386,667 26,577,984 792,880 8,433,016 13,812,938 187,750,995 10,647,696 24,352,300.50 36,493,850 8,497,644 1,504,628 364,820 229,245,472 1,500 45,622 14,515,180 9,361,204 99,944,394 65,299,118 41,090 89,483 11,576,600 119,490 6,842,240 111,440 149,797,040 1,335,768 6,777,220 19,400 732,900 47,480 229,900 9,172,444 9,148,799 1,617,078 1,269,110 281,077,101 18,130 2,379,550 52,627,980

,103,254.9999) 339,876 -18,750 14,032,930 149,692 -3,980 -338,670 -210,000 -10,487 18,454,196 1,684,654 -139,082 86,175,165 -958,458 2,145,020.50 5,680,030 3,226,942 525,460.00 -64,561,280 814,240 3,181,792 1,978,964 -11,542,700 17,070 -662,902 -310,660 -891,265 -2,526,294 -732,671 11,790 99,131,902 68,220 316,880

HOLDING FIRMS ABACORE CAPITAL ABOITIZ EQUITY ALLIANCE GLOBAL ANGLO PHIL HLDG ANSCOR ASIABEST GROUP ATN HLDG A ATN HLDG B AYALA CORP AYALA LAND LOG BHI HLDG COSCO CAPITAL DMCI HLDG FILINVEST DEV FORUM PACIFIC GT CAPITAL HOUSE OF INV JG SUMMIT JOLLIVILLE HLDG LODESTAR LOPEZ HLDG LT GROUP MABUHAY HLDG METRO PAC INV PACIFICA PRIME MEDIA SAN MIGUEL CORP SM INVESTMENTS SOC RESOURCES SOLID GROUP SYNERGY GRID WELLEX INDUS ZEUS HLDG

0.8 55.5 15.42 0.74 6.73 12.94 1.34 1.37 900 3.64 1,251 6.8 10.5 14 0.243 941 6.24 65.95 6.01 0.5 4.16 15.14 0.65 4.88 0.038 1.21 178.7 964 0.86 1.38 427.2 0.235 0.31

0.9 55.8 15.5 0.76 6.73 13.74 1.38 1.39 902.5 3.9 1,481 6.88 10.52 14 0.25 941 6.24 66.9 6.55 0.5 4.2 15.32 0.65 4.89 0.039 1.27 179 972 0.88 1.38 460 0.235 0.315

0.8 54.9 15.3 0.74 6.7 12.88 1.34 1.35 892 3.52 1,251 6.76 10.44 13.72 0.224 911 6.24 65.5 6.01 0.475 4.09 15.14 0.62 4.8 0.038 1.2 175 956 0.84 1.34 427.2 0.235 0.305

0.86 55.4 15.4 0.74 6.7 13.38 1.37 1.39 897 3.83 1,481 6.83 10.5 13.8 0.248 920.5 6.24 66.9 6.55 0.495 4.1 15.2 0.63 4.84 0.038 1.25 175.1 960 0.87 1.38 460 0.235 0.315

123,342,000 557,970 3,503,100 554,000 34,900 194,000 1,849,000 422,000 387,750 36,069,000 30 550,000 7,839,600 59,700 3,450,000 128,720 4,800 1,595,380 76,300 60,000 999,000 1,399,100 7,750,000 31,480,000 4,900,000 572,000 240,030 119,440 1,691,000 29,000 70 600,000 5,770,000

106,164,200 30,964,348.50 53,972,696 414,420 234,874 2,576,746 2,497,430 579,510 347,975,515 130,841,090 42,130 3,753,985 82,260,738 827,088 803,380 118,532,310 29,952 106,007,418 481,500 29,350 4,130,340 21,267,886 4,928,730 152,333,460 186,300 707,990 42,146,937 114,957,375 1,456,290 39,820 31,672 141,000 1,810,000

24,494,330 7,980,527 -8,244,774 234,204 -93,490 210,900 -66,125,575 -1,154,230 1,189,639 -45,173,540 -67,808 -66,460,595 2,403,686.50 -1,226,280 -8,757,412 31,500 20,968,600 -15,973,990 29,540,820 -47,000 -504,350

PROPERTY 8990 HLDG A BROWN ANCHOR LAND ARANETA PROP ARTHALAND CORP AYALA LAND BELLE CORP CEB LANDMASTERS CEBU HLDG CENTURY PROP CITY AND LAND CITYLAND DEVT CROWN EQUITIES CYBER BAY DM WENCESLAO DOUBLEDRAGON EMPIRE EAST EVER GOTESCO FILINVEST LAND GLOBAL ESTATE MEGAWORLD MRC ALLIED PHIL ESTATES PHIL INFRADEV PHIL REALTY PRIMEX CORP ROBINSONS LAND ROCKWELL SHANG PROP SM PRIME HLDG STA LUCIA LAND

16 0.8 11 2 0.86 51.8 2.3 4.9 6.15 0.58 0.81 0.93 0.243 0.46 9.7 25.95 0.475 0.125 1.74 1.27 6.1 0.33 0.475 1.85 0.41 2.12 26 2.15 2.98 38.5 1.95

16.3 0.85 11 2.08 0.87 51.9 2.33 4.92 6.15 0.6 0.84 0.94 0.243 0.49 9.94 25.95 0.48 0.125 1.78 1.29 6.15 0.33 0.475 1.85 0.42 2.12 26.5 2.16 3 38.9 1.99

15.82 0.79 11 1.97 0.82 50.5 2.3 4.78 6.03 0.58 0.81 0.93 0.236 0.445 9.65 25.1 0.47 0.125 1.72 1.27 6 0.32 0.47 1.81 0.405 2.09 26 2.08 2.98 38 1.95

15.96 0.84 11 2.08 0.83 50.55 2.32 4.79 6.15 0.6 0.83 0.94 0.24 0.46 9.8 25.2 0.48 0.125 1.72 1.29 6.01 0.33 0.47 1.81 0.405 2.1 26.2 2.09 3 38 1.95

1,851,200 7,484,000 4,100 114,000 6,406,000 9,625,940 377,000 420,000 106,400 25,398,000 85,000 9,000 1,590,000 11,880,000 1,077,200 355,800 2,360,000 60,000 40,967,000 873,000 9,345,200 13,200,000 280,000 6,296,000 570,000 846,000 1,220,800 319,000 60,000 10,669,700 828,000

29,820,328 6,178,100 45,100 225,340 5,409,280 490,128,192.50 873,220 2,019,790 644,620 14,987,870 70,300 8,450 377,550 5,562,650 10,515,193 3 9,085,150 1,116,200 7,500 71,260,370 1,119,310 56,610,217 4,292,750 131,700 11,465,730 231,400 1,778,870 32,156,205 670,700 179,440 407,392,215 1,622,540

-543,582 -219,010 36,300 28,600 -46,071,479 -71,700 426,310 -22,755 186,350 ,969,120.9998 -648,715 -598,500 -42,776,330 -129,000 5,144,096 371,450 217,660 -203,680 22,607,840 -372,930 -189,502,750 -5,910

OPEN

HIGH

LOW

VOLUME

VALUE

NET FOREIGN BUYING/(SELLING),

STARMALLS SUNTRUST HOME VISTA LAND

6.62 0.76 7.05

6.62 0.76 7.12

6.4 0.75 7.04

6.57 0.75 7.12

309,900 74,000 2,914,100

2,022,380 56,000 20,687,334

-38,000 -12,539,035

SERVICES 2GO GROUP ABS CBN ACESITE HOTEL APC GROUP APOLLO GLOBAL ASIAN TERMINALS BERJAYA BLOOMBERRY BOULEVARD HLDG CEBU AIR CENTRO ESCOLAR CHELSEA DISCOVERY WORLD EASYCALL FAR EASTERN U GLOBE TELECOM GMA NETWORK GOLDEN BRIA 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 METRO RETAIL METROALLIANCE A METROALLIANCE B MLA BRDCASTING NOW CORP PACIFIC ONLINE PAL HLDG PH RESORTS GRP PHIL RACING PHIL SEVEN CORP PHILWEB PLDT PREMIUM LEISURE PRMIERE HORIZON PUREGOLD ROBINSONS RTL SBS PHIL CORP SSI GROUP STI HLDG TRANSPACIFIC BR TRAVELLERS WATERFRONT WILCON DEPOT

11.24 17.2 1.4 0.48 0.043 20.6 2.89 11.2 0.056 90 7.01 8.5 2.18 10.2 890 2,208 5.39 397.4 2.23 1.76 143.6 10.12 6 0.118 7.11 3.01 14.88 4.22 0.83 19.8 0.54 3.16 2.64 1.58 1.62 14.4 2.62 3.07 9.25 5 9.19 140 3.44 1,299 0.79 0.82 45.1 76 9.4 3.64 0.74 0.385 5.26 0.79 17.3

11.36 17.22 1.43 0.485 0.045 21.5 2.91 11.42 0.056 90.9 7.05 8.74 2.18 10.26 890 2,228 5.39 409 2.26 1.76 145.8 10.2 6 0.12 7.18 3.33 14.88 4.22 0.84 19.9 0.54 3.16 2.66 1.81 1.84 15.48 2.65 3.12 9.35 5.45 9.19 141 3.55 1,302 0.8 0.86 45.1 76.7 9.4 3.64 0.77 0.39 5.42 0.79 17.36

11.2 17.08 1.38 0.47 0.043 20.6 2.84 11.18 0.055 89 7 8.24 2.18 10.1 890 2,192 5.35 397.4 2.22 1.76 143 10.1 6 0.118 6.86 3.01 14.88 4.14 0.81 19.72 0.52 3.16 2.63 1.56 1.62 14.4 2.5 3.05 9.2 5 9.19 134.6 3.38 1,288 0.78 0.81 44.35 76 9.38 3.57 0.73 0.38 5.22 0.77 17.18

11.2 17.1 1.38 0.47 0.045 20.6 2.86 11.3 0.056 90.05 7 8.3 2.18 10.1 890 2,200 5.37 407.8 2.23 1.76 144.8 10.1 6 0.118 6.93 3.2 14.88 4.16 0.83 19.72 0.54 3.16 2.64 1.6 1.63 15.48 2.52 3.09 9.35 5.41 9.19 139 3.54 1,299 0.79 0.84 44.5 76.65 9.4 3.6 0.76 0.39 5.3 0.77 17.28

20,700 71,100 54,000 2,600,000 16,700,000 3,900 466,000 4,533,100 53,310,000 115,400 14,200 10,261,500 1,000 47,500 16,000 39,070 124,300 2,200 1,493,000 7,000 656,780 5,700 2,000 1,170,000 14,363,800 443,000 1,200 589,000 111,000 618,900 296,000 1,000 3,046,000 421,000 44,000 200 3,455,000 216,000 16,700 543,900 3,200 30,760 2,790,000 102,040 2,794,000 30,279,000 439,700 2,443,100 17,000 4,681,000 13,516,000 7,270,000 4,342,600 3,379,000 1,514,800

232,672 1,217,206 75,570 1,226,400 743,400 82,725 1,335,240 51,092,696 2,952,120 10,384,835.50 99,920 87,073,223 2,180 481,960 14,240,000 86,106,030 668,136 895,212 3,329,890 12,320 94,793,648 57,590 12,000 138,350 100,411,806 1,393,700 17,856 2,452,320 90,220 12,250,840 157,690 3,160 8,061,980 712,530 72,860 2,988 8,887,250 663,190 154,339 2,899,930 29,408 4,205,146 9,667,080 132,351,600 2,206,060 25,400,620 19,697,845 187,070,500.50 159,580 16,855,480 10,219,460 2,801,550 22,946,266 2,616,940 26,152,612

2,244 13,500 -65,780 -18,821,930 55,000 -1,727,583.50 70,500 1,623,517 8,132,860 18,229,501 -51,510 -4,493,670 71,000 967,164 52,800 -63,490 -43,490 1,550,692 149,010 68,203,735 -224,030 -2,033,110 987,705 -9,644,113 4,313,800 2,651,700 19,250 -14,669,580 38,500 5,308,118

MINING & OIL ABRA MINING APEX MINING ATLAS MINING ATOK 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 ORNTL PENINSULA ORNTL PETROL A ORNTL PETROL B PHILODRILL PHINMA PETRO PX MINING PXP ENERGY SEMIRARA MINING UNITED PARAGON

0.0019 1.23 2.78 12.3 1.18 1.14 2.8 0.28 7.58 1.46 0.233 0.115 0.125 0.0076 0.0079 1.03 2.18 1.01 0.86 0.011 0.011 0.01 4.27 3.69 7.7 22.1 0.0063

0.0019 1.29 2.8 12.38 1.18 1.14 2.8 0.28 8.09 1.49 0.233 0.118 0.128 0.008 0.008 1.03 2.26 1.02 0.87 0.012 0.011 0.011 4.9 3.8 7.88 22.5 0.0067

0.0018 1.23 2.65 12.2 1.18 1.14 2.79 0.28 7.45 1.44 0.22 0.111 0.116 0.0076 0.0079 1.02 2.15 0.98 0.85 0.011 0.011 0.01 4.25 3.65 7.67 22 0.0063

0.0019 1.27 2.65 12.38 1.18 1.14 2.8 0.28 8.01 1.49 0.226 0.115 0.122 0.008 0.008 1.02 2.26 0.98 0.86 0.012 0.011 0.011 4.69 3.8 7.85 22.4 0.0064

124,000,000 5,591,000 275,000 1,300 13,000 7,000 222,000 1,240,000 34,900 21,088,000 460,000 4,700,000 3,090,000 17,000,000 10,000,000 154,000 4,356,000 75,000 221,000 5,800,000 5,300,000 14,900,000 1,834,000 3,098,000 960,300 3,215,400 15,000,000

227,100 7,112,190 736,300 16,000 15,340 7,980 620,540 347,200 266,495 31,404,610 102,450 540,950 377,200 133,500 79,700 158,280 9,574,620 75,910 189,850 67,800 58,300 154,000 8,461,790 11,648,040 7,465,263 71,886,180 97,100

-590,140 -19,600 1,178,010 -2,250 -169,580 65,780 -868,250 -36,300 -169,730 58,600 -31,167,570 -

PREFERRED ABS HLDG PDR AC PREF B2 DD PREF FGEN PREF G GMA HLDG PDR GTCAP PREF A GTCAP PREF B HOUSE PREF A LR PREF MWIDE PREF PCOR PREF 2A PCOR PREF 2B PCOR PREF 3A PCOR PREF 3B PNX PREF 3A SMC FB PREF 2 SMC PREF 2B SMC PREF 2C SMC PREF 2D SMC PREF 2E SMC PREF 2G SMC PREF 2I

16.84 486 99.9 108 5.48 900 902 95.1 0.99 100.4 998 1,000 985.5 1,000 101.8 963 74.65 75.9 73.5 73.9 73.25 73

16.84 490 99.9 108.8 5.48 900 950 95.1 0.99 100.4 998 1,000 992 1,010 101.8 963 75.5 75.95 73.5 73.9 73.25 73

16.82 486 99.9 105.5 5.48 900 902 94 0.99 100.1 998 1,000 985.5 1,000 101.8 963 74.65 75.6 73.5 73.9 73.25 73

16.82 490 99.9 108.8 5.48 900 950 94.1 0.99 100.1 998 1,000 990 1,010 101.8 963 75.5 75.6 73.5 73.9 73.25 73

33,700 820 250 820 11,100 500 1,960 3,380 84,000 15,310 1,100 15 2,000 1,600 100 40 290 12,100 35,000 1,000 360 6,640

567,064 401,000 24,975 88,245 60,828 450,000 1,861,040 319,108.50 83,160 1,534,611 1,097,800 15,000 1,978,245 1,612,750 10,180 38,520 21,784.50 917,540 2,572,500 73,900 26,370 484,720

-555,290 -17,820 -1,097,800 49,500 487,175 9,630 131,484 73,900 48,910

WARRANTS LR WARRANT

1.95

1.91

1.95

290,000

560,430

SME ITALPINAS XURPAS

4.96 1.1

4.97 1.1

4.9 1.07

4.9 1.08

386,000 3,379,000

1,899,730 3,652,690

121,360

EXCHANGE TRADED FUNDS FIRST METRO ETF 121

121

120.5

7,820

943,693

439,084

DDS USD DMPL A1 USD TECH B2

10.2 1

17,930 199,920

182,886 199,920

NAME

MS 10.2 1

TRADING SUMMARY FINANCIAL

12,303,901

INDUSTRIAL

346,511,935

HOLDING FIRMS

236,300,028

PROPERTY

165,801,893

SERVICES

190,741,462

MINING & OIL

245,672,781

GRAND TOTAL

1,201,108,461

VALUE 1,741.43 (DOWN) 4.90 951,169,946.62 FINANCIAL 11,883.76 (UP) 42.32 INDUSTRIAL 1,717,138,520.965 7,676.85 (UP) 7.62 HOLDING FIRMS 1,340,047,991.70 PROPERTY 4,293.53 (DOWN) 69.89 1,711.45 (UP) 3.30 1,362,838,287.05 SERVICES 7,547.71 (UP) 187.66 MINING & OIL 1,016,241,446.665 8,034.09 (DOWN) 26.49 PSEI 188,464,162.7556 All Shares Index 4,909.00 (DOWN) 13.54 Gainers: 97; Losers: 102; Unchanged: 56; Total: 255 6,582,409,210.26

PLDT plans to borrow P21b to support capex, refinance debt By Darwin G. Amojelar PLDT Inc. said Tuesday it will borrow more than P21 billion in the second half to refinance debt and partly fund the 2019 capital expenditures. “The total borrowing is a little more than P21 billion, mostly [through] bilateral banks,” PLDT chief financial officer Anabelle Chua said in a recent interview. She said the proceeds from the loan would be used to refinance debt and support capex. PLDT allocated P78.4 billion for 2019 capex, up by P20 billion from 2018. The aggressive roll-out is intended to further push the already significant network advantage of PLDT and Smart and support its active campaign for more revenues. PLDT earlier reported a net income of P6.7 billion in the first quarter, down by 3 percent from a year ago. The country’s largest telecom company said core net income rose 6 percent to P7.2 billion as consolidated service revenues climbed 7 percent to P38 billion in the three-month period. PLDT set a core profit target of P26 billion this year. Service revenues of three major business groups accounted for 94 percent of total service revenues and reached P35.8 billion in the first quarter, up 12 percent from the same quarter in 2018. The 12-percent increase was higher than the 6-percent growth registered in the whole of 2018. Data and broadband service revenues grew 21 percent to P24.4 billion and accounted for 68 percent of total service revenues excluding international operations.

Arthaland raises P1b from sale of preferred shares By Jenniffer B. Austria BOUTIQUE property developer Arthaland Corp. successfully raised P1 billion from the sale of preferred shares amid the strong demand from corporate and retail investors. Arthaland said in a disclosure to the stock exchange it completed the public offering of 10 million Series C preferred shares at P100 apiece. The company said of the 10 million preferred shares, 5.235 million were purchased by corporate investors while 4.763 million were bought by retail investors. The preferred shares carry a fixed rate of 6.9277 percent per annum. The preferred shares represent the second and final tranche from the company’s 30 million shelf registration approved by the Securities and Exchange Commission. The shares will be issued and listed with the Philippine Stock Exchange on June 27. Net proceeds of the offer will be used to partially finance the acquisition and development of the company’s real estate projects and for general corporate purposes. Arthaland said it planned to develop two residential projects, one in Cebu and another in Makati. The property firm is now in discussions with the owner of a 2,000-squaremeter prime property in the business district of Cebu City to jointly develop the property into a premier, dual certified and sustainable residential condominium. Arthaland said it was also in talks for the acquisition of a 1,800-sqm prime property in Makati CBD that would be developed into a high-end residential condominium. BDO Capital and Investment Corp. was tapped as the sole manager, book runner and underwriter of the issuance. Arthaland issued the first tranche of preferred shares in 2016 when it raised P2 billion in proceeds. Arthaland announced plans that time to spend P30 billion over the next five years, of which P24 billion would be used for project development and P6 billion for land acquisition. Under the five-year plan, Arthaland will construct two office buildings in Bonifacio Global City and Cebu, two residential developments in Makati and Laguna and a commercial project south of Luzon. Arthaland is majority owned by Century Pacific Group Holdings Inc. of the Po family.

Business/World

WEDNESDAY, JUNE 26, 2019 CESAR BARRIOQUINTO, Editor mst.daydesk@gmail.com

Myanmar human rights abuse feared in shutdown of internet

THE HEAT IS ON. Youngsters sunbathe and cool themselves in a pond at the Trocadero esplanade in Paris on June 24, 2019, as the temperatures soar to 33 degrees Celsius. Forecasters say Europeans will feel sizzling heat this week with temperatures soaring as high as 40 degrees Celsius in an ‘unprecedented’ June heat wave hitting much of Western Europe. AFP

YANGON―An internet blackout in parts of Myanmar could be cover for “gross human rights violations” in an area where a brutal army crackdown has already forced hundreds of thousands of Rohingya to ﬂee, a UN rights investigator said. The military is locked in battle with the Arakan Army (AA), insurgents ﬁghting for more autonomy for the region’s ethnic Rakhine Buddhists. On Friday the government took the unprecedented step of ordering mobile phone operators to shut down all internet data across at least eight townships in Rakhine and one in neighboring Chin states. “I fear for all civilians there,” said UN Special Rapporteur to Myanmar Yanghee Lee, calling for the immediate lifting of restrictions. The military’s “clearance operations” can be a “cover for committing gross human rights violations against the civilian population,” she said, referencing alleged mass atrocities committed against Rohingya Muslims in 2017. The decree was made under the Tele-

Mexico cracks down at the US border

EXICO CITY― Mexico has deployed nearly 15,000 soldiers and National Guardsmen to its border with the United States, the army chief said Monday, admitting they are detaining migrants who try to cross after the policy triggered a backlash. Under pressure from US President Donald Trump to slow the surge of Central Americans crossing the border, Mexico promised earlier this month to reinforce its southern border with 6,000 National Guardsmen, but had not previ-

ously disclosed the extent of the crackdown on its northern border. “We have a total deployment, between the National Guard and army units, of 14,000, almost 15,000 men in the north of the country,” Defense Minister Luis Cresencio Sandoval said at a press conference alongside President Andres Manuel Lopez Obrador. Asked whether those forces were detaining migrants to prevent them from crossing, Sandoval replied: “Yes.” “Given that [undocumented] migration is not a crime but rather an administrative violation, we simply detain them and turn them over” to immigration authorities, he said. The government has faced criticism for stopping migrants from crossing the US-Mexican border. National Guardsmen and police have been patrolling the border in groups.

The policy is a shift from previous practice. The Mexican security forces have long detained undocumented migrants as they travel in the country, but had not typically stopped them from crossing the US border in the past. The practice caused an outcry after an AFP photographer documented last week how heavily armed National Guardsmen in Ciudad Juarez forcefully stopped two women and a young girl from crossing the Rio Grande river into the United States. In some cases, migrant families have been separated when some members manage to cross the border and others get detained on the Mexican side. Mexico “is doing the United States’ dirty work,” Francisco Javier Calvillo, the head of the migrant shelter Casa del Migrante in Ciudad Juarez, told journal-

Homeless Syrians sell their furniture to survive the war

ATME, Syria―For years, Abu Ali sold used furniture and home appliances for a living. But he never thought Syria’s war would one day make him homeless and force him to sell his own. His family is one of dozens stranded in olive groves along the Turkish border, who say they have had to sell their basic possessions to ensure survival. “I sold them to provide food, drink and clothes for my children,” said the father of five, who now houses his family in a tent. An opposition bastion in Syria’s northwest has come under heavy regime and Russian bombardment since late April, despite a truce deal intended to protect the jihadist-run enclave’s three million inhabitants. The spike in violence in and around Idlib province has killed hundreds of civilians, displaced 330,000 more, and sparked fears of one of the worst humanitarian disasters in the eight-year civil war. Abu Ali, his wife and their children fled their home in southern Idlib in early May, hitting the road north to seek shelter in the relative safety of the olive groves close to the border. “I used to have a shop to buy and sell used items,” such as fridges and furniture in the village of Maaret Hurma, he told AFP, sitting in the shade of a tree near the border town of Atme. A few days after fleeing his home village, he hired two trucks for 50,000 Syrian pounds (over $110) to bring “eight fridges, bedroom furnishings, seven washing machines, and several gas stoves” up to the olive grove. But under the summer sun in the makeshift camp, the merchandise soon plummeted in value. “I was forced to get rid of it or sell it—even at a very low price,” the 35-year-old said, his chin stubble already greying under a head of thick dark brown hair. For example, the going price for a fridge originally bought for 25,000 Syrian pounds (more than $55) can be as low as a fifth of that price. In Atme, some families have stored their fridges and other appliances in a single tent to protect them from the elements. Outside, a top-loader washing machine sits in the shade of a tree. AFP

ists in reaction to the new practice. “That’s not the army’s job, the federal police aren’t trained to deal with migrants.... This policy is a clear violation of human rights,” added Calvillo, a Catholic priest. Independent Senator Emilio Alvarez Icaza, secretary for the upper house’s human rights committee, likewise criticized the use of Mexican forces for border patrol duty. “In the end, Donald Trump got his wall, and the government and people of Mexico are paying for it: a military wall on the borders,” he said in comments reported by newspaper Reforma. Fleeing chronic poverty and brutal gang violence in their home countries, the Central Americans crossing Mexico in a bid to reach the United States mostly lack the papers needed to migrate legally. AFP

REMEMBERING MICHAEL. Some

people stopped as others walked past or over the late Michael Jackson’s Hollywood Walk of Fame Star on the evening on June 24, 2019, in Hollywood, California, ahead of the 10th anniversary of his death on June 25 2009, where this very location on Hollywood Boulevard was the focus of a huge gathering of fans coming out to mourn his death. AFP

communications Law, hitting all mobile operators for an unspecified period. Telenor Group said the Ministry of Transport and Communications justified the measure, saying the internet was being used to “coordinate illegal activities”. Thousands of troops have been deployed to the western region, which has seen more than 35,000 people fleeing their homes to escape heavy artillery fire in the violence that has spilled over into Chin state. Both sides stand accused of committing abuses and dozens of civilians have been killed in crossfire and shellings, even while taking refuge in monasteries. The military confirmed it shot dead six Rakhine detainees in late April. The violence has even spread to near the Rakhine state capital Sittwe with insurgents attacking a naval vessel during the weekend, killing two. Few people own personal computers so the mobile internet blackout has effectively shut most people off from the outside world. AFP

3 astronauts return from space station DZHEZKAZGAN―The first crew to blast off to the International Space Station following a launch accident that deepened doubts over Russia’s space program returned to earth safely on Tuesday. NASA astronaut Anne McClain, veteran cosmonaut Oleg Kononenko of Roscosmos, and Canadian Space Agency record-holder David SaintJacques emerged from the space craft to applause from support crews, after touching down near the Kazakh city of Dzhezkazgan. Live footage from the landing site broadcast on NASA television showed the three sitting in chairs smiling as they were attended to by staff ahead of a journey back to Moscow for Kononenko and Houston for McClain and Saint-Jacques. Arriving at 0247 GMT to warm conditions, Kononenko joked that he was “happy to see any kind of weather” after coming back from space. The trio’s launch on December 3 was the first after a Soyuz rocket carrying Russia’s Aleksey Ovchinin and US astronaut Nick Hague failed in October just minutes after blast-off, forcing the pair to make an emergency landing. They escaped unharmed but the failed launch was the first such incident in Russia’s post-Soviet history and a new setback for the country’s once proud space industry. McClain, Kononenko and SaintJacques had been optimistic ahead of their successful launch and remained upbeat throughout their time aboard the orbital lab which is seen as a rare example of cooperation between Russia and the West. “A beautiful night pass over Africa on my last night on @Space_Station,” tweeted 40-year-old McClain, who completed two spacewalks during her virgin mission to the ISS. AFP

Beyond Borders 101.1 IN A world of both increasingly porous borders and increased concerns about international competition, businesses looking to sustain growth and ensure continuity require leaders with a clear understanding of global strategic management. Strategy 101 Global strategy is, of course, still a strategy. So we begin with the basics of business strategy. In the strategy classroom, we speak of the three lenses and the six questions of strategic management. The six questions describe the AIM strategic management cycle and branch off from the central question: “Who are we?” This involves clarification of mission, vision and values; and these answers are expected to illuminate all the other phases of strategic management. The classic approach to strategy then traditionally begins with the second question of “Where are we?” This question is the phase of a strategic situation analysis and covers external and internal analysis. It includes historical analysis, trend and pattern analysis and forecasting. The third question is the first step of strategy formulation and entails the identification of anchor long-term objectives for the planning horizon. The next two questions lie at the heart of strategic planning: “How do we get there?” and “How do we do it?” These questions aim to cover both the strategic plan and the operating plan. Finally, we have the question that is asked during strategy implementation “How are we doing?” This question must be anchored by performance indicators and targets developed during the planning step itself. These questions ground strategy whether it is local, national, regional or global.

The three lenses, or perspectives, of strategy are: (a) competitive advantage; (b) resource-base; and (c) institutions. Most business strategy discussions center on the question of competitive advantage. This is true because most businesses exist in a competitive environment where customer preferences and choice drives revenue generation. The choice of value proposition is then driven by an evaluation of corporate resources, assets and capabilities, with an appreciation that sustainable competitive advantage is anchored by resources or capabilities that are rare and difficult to copy. Finally, the lens of institutions is used to ensure that the planned business model takes into account the larger environment. This lens is particularly important when businesses go through a transition phase where the current business model incorporates certain assumptions about the environment, which might not necessarily apply in a new environment. This final lens becomes particularly important in global strategy, when businesses must compete in what could be a radically different environment. International or global? In the global strategy classroom, we first ask about definitions. The easier definitions begin with the spectrum from international to multinational to transnational corporation. What is the difference between international and multinational? An international corporation is simply a corporation that transacts between borders―through importation or exportation or both. By contrast, a multinational corporation makes direct investments in other countries and actually have operations beyond its own national

borders. This differentiation grounds one of the management decisions involved in creating a global strategy―when does it make sense to have physical operations in a country as opposed to simply transacting via import or export? Next, what is the difference between a multinational and a transnational? The key difference is coordination and governance. Where a multinational is essentially a collection of businesses existing in multiple locations, a transnational has coordinated offerings and operations across borders. It is tougher to deﬁne the term “global corporation.” On the one hand, it is possible to think about globalization simply from the point of view of geographic reach. How many countries, regions or continents does your business reach? But how do we measure this? Do we measure by revenue? Earnings? Customer base? Sourcing? Once the question of reach is answered, the next question is one of governance and coordination. There is also the question of global brand versus global business. Global Strategy Questions We also ground the study of global strategy with a few key questions: (a) Why? (b) Where? (c) When? (d) How? and (e) What next? This week, we tackle the question of Why? We begin with this question because the question of intent must ground all the other questions. There are generally three categories of answers to the question of why a country would wish to cross its national borders. In his articles on global strategy, Pankaj Ghemawat identiﬁes two general reasons for internationalizing: globalizing markets, and globalizing supply chains.

This essentially reflects the traditional view of international trade: exports (chasing markets) and imports (improving sourcing and inputs). Globalizing markets refers to exporting and is essentially about revenue. Many companies internationalize to broaden its revenue opportunities, both simply from the point of view of increasing revenue as well as for diversification. Globalizing supply chains is about chasing lower cost and/or better quality inputs. Diversification, or risk management is an important reason for globalizing both markets and supply chains. Finally, there is the third category, which is generally the question of governance and simply general business model efficiency. This category involves choosing locations for corporate headquarters and key elements of the corporate value chain, such as, for example, research and development. The reasons might include locating in a country which has the tax regime or governance environment that is most desirable for the company. Next week, we continue this discussion on global strategy. ••• References: (a) Gallegos, Herrera et al Asian Institute of Management Strategic Management Department Strategic Management Cycle, 2017, (b) Ghemawat, P. (2001). Distance still matters. Harvard business review, 79(8), 137-147. Readers can email Maya at integrations_ manila@yahoo.com or through her Facebook page, integrations manila. Or visit her site at http://integrations.tumblr. com.

LGUs

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

LOCAL GOVERNMENT UNITS

WEDNESDAY, JUNE 26, 2019

Tourist Kristian Marfori jumps off the boat as he enjoys snorkeling off Camiguin Island, as the province launched its first annual dive fiesta. Lance Baconguis

Makati tax take at P12.1b By Joel E. Zurbano

HE Makati City government under the administration of Mayor Abigail Binay has tallied a total of P12.1 billion in revenue as of May, a collection equivalent to 71 percent of the P17.12-billion revenue target for the entire year. Binay is optimistic the city will again surpass its revenue target for the year, as it had done in the past three years. “At the rate we are going, we expect to surpass our full-year revenue target before this December. With our stable financial standing, we will be able to implement new initiatives and enhance current programs and services for Makatizens,” she said. Major projects the city chief executive vowed to pursue as she starts her second term this July include the upgrading of public school facilities for the digital age, continuing modernization

of the Ospital ng Makati in Pembo, the completion of the new state-of-the-art hospital in Malugay, and the establishment of a public columbarium offering free cremation and inurnment services to city residents. In a report to the Office of the Mayor, City Treasurer Jesusa Cuneta stated that as of May 31, 2019, the city collected P12,155,881,631.06, and has attained 66 percent of its target collections from Business Tax and 95 percent of its target for Real Property Tax. From January to May, collections from Business Tax reached P6.4 billion

out of the P9.8-billion target, while Real Property Tax payments generated P4.5 billion of the almost P4.8-billion goal. According to the Business Permits Office, the city has registered 2,477 new businesses as of last June 21, with combined capital investment amounting to P23.3 billion. In the same period, a total of 34,542 businesses have renewed their permits, reporting a combined sales of P1.4 trillion. The city has also derived income from other sources, including Fees and Charges, P531.1 million; Economic Enterprises P76.8 million; Interest Income, P106.5 million; and Internal Revenue Allotment, P494.1 million. Meanwhile, Binay has announced that 31 satellite realty tax payment centers will be opened by the Office of the City Treasurer on scheduled dates in various barangays starting July 2 (Tuesday) for real property owners with taxes due this third quarter.

“Real property owners in the city are encouraged to take advantage of this opportunity, as it would help them save time, energy and transportation expenses,” she said. Binay said through the Realty Tax Division under the Finance Department, the city government ensures the efficiency of services at the satellite payment centers, where each transaction usually takes a maximum of five minutes. Taxpayers only need to present their previous receipt and pay the taxes due to receive an electronic receipt. The payment centers will be open from 9 am to 4 pm to accept payments. On July 2, the payment centers will be opened in Barangays Bel-Air and Urdaneta, followed by Magallanes and San Lorenzo on July 3. The schedule for the rest of the week is as follows: July 4, Brgys. Dasmariñas and Forbes Park; and July 5, Brgys. Bangkal, Pio del Pilar, San Isidro, Palanan, and San Antonio.

Camiguin starts first dive fest, lasts ‘til Aug. 31 By Lance Baconguis CAMIGUIN—To attract more tourists into this island province, the provincial government launched on Sunday its first annual dive festival that will last until Aug. 31, 2019. The dive festival is part of the local government’s sustainable tourism drive through its four major themes: volcano tourism, heritage tourism, farm and ecotourism, and dive tourism. Camigun has around 30 dive sites scattered throughout the island’s provincial waters. This tiny island off Northern Mindanao already attracts 800,000 tourists annually as one of the country’s most visited islands. The dive festival aims to put the island in the country’s prime dive circuits by showcasing its underwater paradise. “We are spearheading the first-ever Camiguin Dive Festival promoting the island’s rich, unique, diverse and pristine dive sites. This is in line with our vision in developing Camiguin that meets global standards of sustainable and responsible tourism.” outgoing Camiguin Governor Maria Luisa D. Romualdo said. According to veteran diver Bo Mancao, the island’s underwater is pristine and could be one of the best dive sites in the country right now. Romualdo said they are taking care of their marine-protected areas, even organizing the residents and fisherfolk to safeguard the dive sites and fish sanctuaries around the island. But much needs to be done to completely preserve their marine resources, and use tourism as an alternative to the daily economic activities of the residents. Mancao said fish cages put by fishermen are threatening the corals, “which is the home of fish.” Romualdo said visitors to the province, especially divers, also play a role in the protection and preservation of Camiguin’s marine life. The governor urged divers to help preserve their reefs. “So, anything you see in the marine-protected areas, in the dive spots, which you think can destroy our coral reefs, our fish, please feel free to remove it. I will give you that authority,” Romualdo said.

Reg. 2 miners’ John Rey bids Navotas farewell best practices highlighted By Jun David

By Ben Moses Ebreo SANTIAGO CITY—Good practices of Cagayan Valley’s mining companies were recently highlighted in an environment forum sponsored by the Department of Environment and Natural Resources-Mines and GeoSciences Bureau. The forum, held at Zen Hotel in this city, featured the JDVC Resource Corp.’s take on offshore responsible magnetite mining practices in Cagayan province, Dinapigue Mining Corp.’s responsible stewardship in Isabela province, FCF Minerals Corp.’s best practice in stakeholders disclosure, and OceanaGold Philippines Inc.’s legacy of responsbile mining. DENR-MGB also presented their updates on technical instruments and other permits, environmental laws, rules and regulations, and its geohazard assessment and mapping project/landslide and flood susceptibility mapping. However, Nueva Vizcaya Governor Carlos Padilla has criticized both agencies regarding their handling of the mining license renewal of OceanaGold, the gold miner in Didipio in Kasibu town. With Brenda Jocson

“LOVE your job.” This was the reminder of Mayor John Rey Tiangco to Navotas City Hall employees during Monday’s flag raising ceremony, as he prepared to step down from office on July 1. “Value your work and do it well. Not everyone is given the honor and opportunity to serve others and make a difference in people’s lives,” he said during his farewell speech. Tiangco will officially leave his office on Sunday. His brother, Rep. Toby Tiangco, was elected to replace him. Having served as Navotas chief executive for nine years, Mayor Tiangco expressed his gratitude to government workers and other stakeholders. He said because of their constant support, Navotas has been able to take great leaps and bounds in the sectors of health, education, livelihood, peace and order, and housing. In 2015, Tiangco noted, the city opened its first government-managed and operated hospital. Its extension is currently under construction, which will increase the hospital’s bed capacity from 50 to 100. The city has also opened the Navotas Medical and Wellness Center which offers breast checkup and mammography, ultrasound, ECG, xray and others, the mayor added. Other health facilities built during Tiangco’s term included the hemodialysis center, physical rehabilitation centers in Brgy. Tanza 1 and NBBS Kaunlaran, and additional health centers.

For education, Navotas, under Tiangco’s helm, sent to school 777 scholars who excelled in academics, arts and sports as well as kin of outstanding fisherfolk families. The city also provided scholarships to 2,665 Navotas Polytechnic College students. The city also instituted Kindergarten on Wheels, COmputer Outreach Learning (COOL) Program, Youth and Kids Ministry for values formation and Avot tours. It also donated smart TVs, Balik Eskwela bags, laptops, electric fans and air-conditioners to public elementary and high schools. For livelihood, Tiangco’s administration created the NavotaAs Hanapbuhay Center in 2011 that provided services such as Tulong Trabaho, Tulong Negosyo, Tulong Puhunan, Tulong Kooperatiba at Tulong Produkto. Among the beneficiaries of the program were tricycle drivers who were given opportunity to avail of loans to buy their own 4-stroke motorcycles. Two additional training centers were also constructed in Districts 1 and 2, and more tech-voc courses are being offered in the city to accommodate the growing demand for skills training. For peace and order, Tiangco pushed for the installation of more than 150 CCTVs around the city monitored by an upgraded Command and Action Center. Forty-two free wifi hotspots were installed in open spaces and basketball courts, and 24 more access points are well on its way to provide public elementary and secondary schools free wifi services.

Solon lauds Senate OK of Sibugay holiday bill

HEALTH ALLIANCE. Dr. Erwin de Mesa, president of the Philippine Infectious Disease Society for Obstetrics and gynecology, discusses the Human Papilloma Virus that can affect women’s and men’s organs alike during the National Immunuzation Program Parents Forum on Friday at Taguig Lakeshore, Taguig City. The Metro Manila Center for Health Development strengthened its alliance with the Department of Education, Local Government Units, medical societies, and other stakeholders to build a more sustainable immunization system that can increase uptake of vaccines among Filipinos across all stages of their lives. Manny Palmero

IPIL, Zamboanga Sibugay—House Deputy Majority Leader Rep. Wilter “Sharky” Palma II has lauded the Senate’s recent approval on third and final reading of a House bill that seeks to declare February 24 as a special non-working holiday every year in celebration of the birth of the province of Zamboanga Sibugay. Palma, who authored House Bill No. 5207, said the declaration of February 24 annually as “Araw ng Sibugay” will allow its people to celebrate and honor the humble beginnings and the history of the province. “It will encourage every Sibugaynon to be part of the celebrations which honor the continuing efforts of the people to improve, pursuant to sustainable development of the community that they are part of,” Palma said. He expressed his gratitude to Senator Sonny Angara, chairman of the Senate Committee on Local Government to sponsor his bill in the upper chamber. Palma, who earned his second term as representative of the province’s first district following the May polls, said that being a multi-ethnic province, Zamboanga Sibugay’s festivities will be an opportunity to gather everyone as a testament of working together toward one unified direction.

2nd Lt. Reniel dela Cruz, a West Point graduate from Baybay, Leyte, receives his Philippine Army rank insignia during a ceremony in Quezon City. Photo courtesy of Philippine Army Facebook page

Leyte West Point graduate enters Philippine Army By Ronald O. Reyes A WEST Point graduate from Baybay, Leyte has entered the Philippine Army after undergoing the four-year cadet training at the world’s top military training institution in New York, USA. Second Lieutenant Reniel dela Cruz of the United States Military Academy Class of 2019 first joined the Philippine Military Academy in 2014 before studying at West Point. He finished his Nuclear Engineering degree with high academic honors. The new military officer had the honor of receiving the rank insignia of second lieutenant from descendants of Brigadier General Vicente Lim, USMA’s first Filipino graduate in 1914, who also pioneered and paved way for the success of many scholars, according to the Philippine Army. “As newly minted officers, it is our wish that you carry this symbol on your shoulders as a reminder of where you came from as you connect to the past when seeking guidance for the future,” said Lim’s great-grandson Vicente Lim

IV in a ceremony hosted by United States Service Academy alumni at General Headquarters, Camp Aguinaldo, Quezon City on Sunday. During the ceremony, Dela Cruz was also joined by two other newly-commissioned officers who graduated from the United States Naval Academy and United States Air Force Academy. The second lieutenant insignia is an equilateral triangle with a Baybayin “K” in the middle which originated from the Katipunan. It is worn on the shoulders of Army officers like how Katipuneros wore the symbols in their garments and medallions to distinguish their rank. Dela Cruz was authorized to wear the Academic Star on his collar, a distinction reserved only for the most deserving cadets, the Army said in a statement. He was with the Reserve Officers’ Training Corps before entering the PMA. As a cadet, Dela Cruz was involved in multiple sports and became the cadet company’s athletics officer.

Entertainment Six reasons why PARK BO GUM is an ultimate Oppa

Park Bo Gum with 'Good Day' host Anne Curtis

By Angelica Villanueva KNOWN for portraying the mischievous Joseon Crown Prince Lee Yeong in Love in the Moonlight and Kim Jin-hyuk, a free-spirited man in Encounter, Park Bo Gum recently held his fanmeeting, no, scratch that, held a mini-concert for his fans at SM Mall of Asia Arena. Being postponed for almost two months, Bo Gum made sure that his most awaited Good Day Tour would be worth the wait and a good day to remember for each and every one of his fans. With its theme “may your every day be a good day,” the 26-year-old South Korean heartthrob proved that more than being an award-winning actor, he could do anything to deserve a spot on your A-list of oppas. He’s a great singer It’s not a surprise to hear Bo Gum hitting the high notes, but his singing performances during the event was superb. He opened his tour with a love song making his passionate fans roar into excitement. On the second part of the fanmeet, he performed more series of songs that truly melted the hearts of his fans. Everyone was shocked when he suddenly sang Daniel Padilla’s hit song “Nasa Iyo Na Ang Lahat.” He was also impressed to the “sweet voice” of his Filipino fans singing the song “I Will Be Here” as he played the piano. A singing oppa, who doesn’t like that? He can dance Bo Gum also proved that he could dance. There were performances wherein the actor also moved and grooved to the beat of the song. In between performances, the multitalented artist said, “I hope you like my dancing.” Bo Gum also admitted that he was still in the process of learning how to dance. But, no, isn’t he good enough? I mean, he could dance gracefully... and cute, especially during the “What is Love?”, “Pretty U,” and “Boy with Luv” dance numbers. Bo Gum heeded the request of the crowd to showcase his famous “Boombastic” dance. He enthusiastically obliged. You can call him your boyfriend Between interviews and songs, Bo Gum once mentioned, “You can call me your boyfriend,” which made all the fans shriek at the top of their lungs. One fan said, “Oh my God! May boyfriend na ako.” Another one said, “I love you, Park Bo Gum!” which he answered with, “I love you, too!” He is so damn cute During his interview with Kapamilya host Anne Curtis,, Bo Gum was shown with his cute and fun scenes during the K-drama Encounter.. One clip shows him drunk. He admitted that he ﬁnds doing the scene difﬁcult because he doesn’t drink any kind of alcohol. All throughout the fanmeet, Bo Gum would show some of his cute gestures that would make all the girls go crazy. Who could resist this guy’s cuteness?! Kyeopta! He is a true gentleman In a portion when Bo Gum was asked to choose three lucky fans to meet him up close, Bo Gum asked everyone to be quiet so that the fans would get to hear the seat number being picked.

During the meet-and-greet, Bo Gum was also asked to do scenes from his latest show Encounter together with the “blessedt” fans. As they did their acts, Bo Gum showed his being a gentleman as he

shook their hands, talked with them, and hugged them after each scene. In fact, all throughout the show, Bo Gum would ask his fans every once in a while if they were having a good time and to go back to their seat so they could feel comfortable. One Park Bo Gum, please! He loves to give presents Imagine signed merchandise and given by your favorite oppa. Park Bo Gum made that fantasy into a reality as he gave presents to his fans. Among the gifts was a personalized and signed scented candle given to a lucky fan. It didn’t end there. Bo Gum also shared some of his personal items such as sweaters, t-shirts, a pair of shoes, and calendars—all signed by him. He deeply loves his fans What makes Bo Gum’s fanmeet/mini concert more special from any other fanmeet was that Bo Gum had gone all over the MOA Arena while singing for his fans. In one of the performances, Bo Gum suddenly appeared at the Lower Box area which surprised everyone in the venue. Wait, there’s more! You would really regret this. everyone was given a chance to have a hi-touch session with Oppa Bo Gum. Yes, you read that right! From VVIP to the Lower Box audience got to experience the meet-and-greet with the Park Bo Gum himself. Why not? Yes, why not add another ‘Park’ on your list? He is so multitalented. He is so handsome. He is so cute. He can act. He can sing. He can dance. He will love you. This young man had shown and done a lot of things for his fans making every cent they pay ‘sulit.’ He was so inspiring that you could ﬁnd a friend on him. He said once, “Remember that you can lean on me.” Park Bo Gum’s Good Day Live in Manila is co-produced by ABS-CBN Events in partnership with Blossom Entertainment brought to you by TNT.

WEDNESDAY, JUNE 26, 2019

'Search for the Idol Philippines' Top 12 hopefuls meet the entertainment press for the first time.

VERY WANG

O Deafening yells were heard inside the MOA Arena when a lucky fan got a 'back hug’ from the South Korean heartthrob.

Nickie Wang, Issue Editor nickie.standard@gmail.com

NICKIE WANG

VER the weekend, just after the airing of Idol Philippines where the top six boys were selected and joined six other Idol hopefuls who ﬁrst secured their seats in the Top 12, the batch of young singers was introduced to the entertainment press.

Most of them looked shy when they were being called individually especially when the host asked them to tell something about themselves and to sing a few lines to impress the crowd made up of bloggers and print journalists. During the event, it was revealed that for their first challenge, they are going to be mentored by National Artist Ryan Cayabyab. They will perform songs composed by the multi-awarded conductor and musician. As you may already know, six male and six female aspiring singers are proceeding to the live round where they have to perform weekly in front of a live audience and impress the judges and the voting public. Making it to the list are Dan Ombao, who is fighting for his second chance of becoming a singer, and Elle Ocampo, who is known for her unique style of singing and artistic expression.Fatima Louise also stays in the competition as she proves she is worthy of the coveted title, along with Lance Busa, whose singing experience abroad makes him a tough contender to beat. Also a step closer to their dreams are Lucas Garcia and Matty Juniosa, who both dedicate their fight for their doting mothers; Miguel Odron, who hails from the US but went home to pursue his dreams; and Rachel May Libres, a youth ambassadress who possesses beauty and impressive vocal ability. With his unique voice and notable story, Renwick Benito also secures a slot in the Top 12, along with honor student Sheland Faelnar, who is mostly noted for her show-stopping vocals. Completing the list are Trish Bonilla, who, just like her mother, is a vocal powerhouse and Zephanie Dimaranan, one of the youngest contenders in the competition. The Top 12’s journey will get tougher

It’s a

‘Ryan Cayabyab Challenge’ for Idol Top 12

in the live round now that the viewing public has the power to vote for their bets each week. Meanwhile, the Idol hopeful who gets the lowest votes will be eliminated and will no longer continue in the competition. Who among the Top 12 will stay in the competition and make it to the finals? *** Laugh your heart out It’s been a while since the last time I saw a really engaging local comedy movie. And it’s definitely the reason why I lowered my expectations when I watched the AiAi delas Alas and Bayani Agbayani starrer film, Feelennial. Explaining what the title of the movie means, AiAi said that it’s a portmanteau of “feeling millennials,” a phrase that describes “titos” and “titas” who act like their younger counterparts. To say that the stars brought fun in the movie is an understatement. I didn’t even plan to sit through the whole movie, but I did and like the rest of the audience in the cinema, I was laughing from the beginning until the closing credits appeared on the screen.

SNAPSHOT

Evolt dance fest a big success

Ai-Ai plays the role of Madame Bato-bato, a rich single mom who has everything she needs except the attention of her only son Nico, played by actormodel Arvic Tan. She tries to do the activities that her millennial son is into to gain the latter’s attention. In one of her feelennial activities—online dating, she meets Chito (Bayani’s character), a rich bachelor who recently won a huge sum via lotto jackpot. Their first encounter doesn’t turn out too well, and what ensues is a flurry of mishaps and misadventures, pitting AiAi and Bayani into funny, yet thoughtprovoking situations on how romance and family dynamic has changed in today’s society. Directed by one of GMA 7’s resident directors, Rechie del Carmen, Feelennial is produced by Cignal Entertainment, the original content division of the Philippine’s #1 Pay TV provider, Cignal TV, and Pops Fernandez’s DSL Productions, which marks its first venture into film production after organizing successful concerts for over 30 years.

'Feelennial' stars AiAi delas Alas and Bayani Agbayani

SINGER and host Gary Valenciano led hundreds of artists in powering the center stage with the bravura of homegrown Filipino dancers representing every genre of dance in the recently concluded EVOLT International Dance Festival 2019 which was held at the open grounds of Circuit Makati. Filipino performers such as Billy Crawford, Lady Pipay, Alab Poi Dancers, A-Team, G-Force, Hotlegs, It’s Showtime Dancers, Tribu Ilonganon of Dinagyang Festival, Julie Borromeo’s Performing Arts Foundation, Manoeuvres, Manoeuvres Ignite, Mauban Nilala Folk Dancers, MNL Crew, Douglas Nierras Powerdance, Power Impact Dancers, Rockwell, Sexbomb Dancers, SB New Gen, UPeepz, Vicor Dancers, and XB Gensan as well as Korean pop stars Chic Angel and Rion Five strutted, moved, and swayed before a mammoth crowd of thousands of fans in the ultimate dance party that closed the second quarter of the year. Seen on the photo are Gab Valenciano, Gary V, and Darren Espanto as they glided and ﬂew on stage in a sampling of some of Gary’s most iconic dance hits.

REVISED ZONAL VALUATION – RDO No. 53B – MUNTINLUPA CITY

WEDNESDAY JUNE 26, 2019 REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Roxas Boulevard Corner Pablo Ocampo, Sr. Street Manila 1004

City/Municipality : MUNTINLUPA CITY Barangay : ALABANG (continuation)

DEPARTMENT ORDER NO. 039 - 2019 June 07, 2019

SUBJECT : IMPLEMENTATION OF THE REVISED SCHEDULES OF ZONAL VALUES OF REAL PROPERTIES IN THE CITY OF MUNTINLUPA, NATIONAL CAPITAL REGION (8th REVISION) WITHIN THE JURISDICTION OF REVENUE DISTRICT OFFICE NO. 53B -MUNTINLUPA CITY FOR INTERNAL REVENUE TAX PURPOSES. TO

All Internal Revenue Officers and Others Concerned.

Section 4 of Republic Act 10963, otherwise known as the Tax Reform for Acceleration and Inclusion (TRAIN) Law, amending Section 6 (E) of National Internal Revenue Code (NIRC) of 1997 authorizes the Commissioner to divide the Philippines into different zones or areas and shall determine the fair market value of real properties located in each zone or areas, subject to automatic adjustment once every three (3) years. By virtue of said authority, the Commissioner of Internal Revenue has determined the zonal values of real properties in the City of Muntinlupa, National Capital Region (8th Revision) within the jurisdiction of Revenue District Office No. 53B-Muntinlupa City, Revenue Region No. 8-Makati City, after public hearing was conducted on November 27,2018 for the purpose. This Order is issued to implement the Revised Schedule 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. This Order shall take effect immediately.

CARLOS G. DOMINGUEZ Secretary of Finance

RECOMMENDED BY:

LAND/CONDOMINIUM PRINCIPALLY DEVOTED TO HABITATION.

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.

CONDOMINIUM

VICINITY

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 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. 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

CLASSIFICATION Residential Regular Commercial Regular Residential Condominium Commercial Condominium Cemetery Lot Agricultural

CODE GL GP* I X APD PS

CLASSIFICATION Government Land General Purposes Industrial Institutional Area for Priority Development Parking Slot

AGRICULTURAL LANDS 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

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

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

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

BUREAU OF INTERNAL REVENUE SCHEDULE OF RECOMMENDED ZONAL VALUES OF REAL PROPERTIES Revenue Region No. 8 - Makati City Revenue District Office No. 53B - Muntinlupa City

STREETS/ SUBDIVISIONS/ CONDOMINIUMS/ TOWNHOUSES ALONG PHILIPPINE NATIONAL RAILWAYS CORPORATE WOODS LOOP DE MESA COMPOUND EAST SERVICE ROAD

ESTE HONOR COMPOUND F DE CASTRO COMPOUND

VICINITY BARRIO PROPER FILINVEST CORPORATE CITY L&B2 ALABANG TOLL GATE - CUPANG RIVER ALONG THE ROAD

ALABANG TOLL GATE - CUPANG RIVER INTERIOR BARRIO PROPER

FILINVEST CORPORATE CITY

ALABANG-ZAPOTE RD- FILINVEST AVENUE

HIGHWAY HOMES SUBD. LAGUNA HEIGHTS L & B COMPOUND 1 L & B COMPOUND 2 L & B COMPOUND 3 MENDIOLA ST.

NATIONAL HIGHWAY FILINVEST CORPORATE CITY INT. NATIONAL ROAD INT. T.M. ROAD LAGUNA DE BAY BARRIO PROPER

MONTILLANO ST

INTERIOR (PNR-TM Road) NATIONAL RD- TM ROAD INTERIOR MONTILLANO TOLL GATE - BAYANAN RIVER

NATIONAL ROAD

NORTHGATE CENTER

ALABANG ZAPOTE-NORTH BRIDGEWAY/ Northgate District (additional vicinity)*

PACIFIC RIM PALMS POINTE SUBDIVISION PLEASANT VILLAGE REMERATA SUBDIVISION SPECTRUM/BRIDEGEWAY/COMMERCE AVE. T. MOLINA ST. TM RD - LAGUNA LAKESIDE TM RD ALABANG (SAN GUILLERMO STREET) PNR SIDE

FILINVEST CORPORATE CITY FILINVEST CORPORATE CITY SOUTH EXPRESSWAY L & B COMPOUND FILINVEST CORPORATE CITY BARRIO PROPER LAGUNA LAKE SIDE PNR SIDE

8TH REV ZV.SQ.M

ALABANG-ZAPOTE ROAD- COMMERCE AVENUE

CR*

250,000.00

200,000.00

RR***

250,000.00

WEST SERVICE ROAD

HILLSIDE HOSPITAL - BAYANAN

25,000.00

AYALA ALABANG COMMERCIAL CENTER

ALABANG-ZAPOTE ROAD/MADRIGAL BUSINESS PARK

CR*

250,000.00

50,000.00

AYALA ALABANG VILLAGE

100,000.00

2301 CIVIC PLACE CONDOMINIUM

ACACIA GROVE/ACACIA HOTEL

ASIAN STAR CONDOMINIUM

ASIAN HOSPITAL & MEDICAL CTR

ASPEN TOWER

AVIDA TOWERS - ALTURA

CHMI HOTEL AND RESIDENCES (ACACIA HOTEL)

CIVIC PRIME CONDO

ENTRATA TOWER

LA VIE FLATS

MONDRIAN PLACE

PAULINE CONDOMINIUM

PARQUE ESPAÑA RESIDENCE HOTEL

PLAZA A CONDOMINIUM

PLAZA B CONDOMINIUM

FILINVEST CORPORATE CITY

National Road (Alabang Area)

FILINVEST CORPORATE CITY

ALABANG-ZAPOTE ROAD

FILINVEST CORPORATE CITY

ILAYA

FILINVEST CORPORATE CITY

45,000.00

35,000.00

PHASES 1, 2A,2B , 3A1, 3A2, 3B1, 3B2, 3B3, 4, 5, 6, 7, 8A, 8B, 9, 10A, 10B, 10C, 10D, XI-A, XI-B, XI-C & XII

13,000.00

LOTS BACKING THE GOLF COURSE PHASES 4 & 2B

120,000.00

50,000.00

80,000.00

45,000.00

LOTS ALONG THE PERIMETERS OF APITONG, ADELFA, ROSAL, BATANGAS EAST, SOUTH & WEST, TAMARIND, LANGKA, SANTIAGO, & PORTIONS OF SAN JUANICO, GUAVA DRIVE, TAMARIND DRIVE, SAN LORENZO, MABOLO, CAMACHILE AND PILI DRIVE

25,000.00

95,000.00

110,000.00

68,000.00

140,000.00

160,000.00

90,000.00

******

100,000.00

70,000.00

******

250,000.00

PS RC CC

*****

70,000.00

120,000.00

*****

80,000.00 150,000.00

150,000.00

LOTS ALONG MADRIGAL AVENUE

150,000.00

100,000.00

LOTS ALONG MINDANAO AVENUE

120,000.00

MOLITO COMMERCIAL COMPLEX

*****

85,000.00

130,000.00

180,000.00

80,000.00

*****

100,000.00

70,000.00

RC CC PS

Referred to as Acacia Grove/ Acacia Hotel

95,000.00

110,000.00

70,000.00

125,000.00

145,000.00

85,000.00

RC CC PS

75,000.00

115,000.00

*****

MADRIGAL BUSINESS PARK

AYALA LIFE - FGU CENTER

MADRIGAL BUSINESS PARK

INVESTMENT DRIVE COR ALABANG ZAPOTE ROAD

***

100,000.00

70,000.00

***

105,000.00

75,000.00

***

105,000.00

70,000.00

75,000.00

35,000.00

*****

30,000.00

90,000.00

*****

65,000.00

******

100,000.00

70,000.00

******

100,000.00

70,000.00

100,000.00

120,000.00

AVIDA TOWER CONDO

AZUMI RESIDENCES

CELEREICA CORP TOWER CONDO (MAFRE INSULAR)

COMMON GOAL TOWER

DAFFODILS (ENERGY OPT)

MADRIGAL BUSINESS PARK

ACACIA AVENUE, AYALA ALABANG VILLAGE

MADRIGAL BUSINESS PARK

VENTURE ST., MADRIGAL BUSINESS PARK

***

90,000.00

65,000.00

***

100,000.00

70,000.00

***

90,000.00

65,000.00

DON NICANOR REALTY (PAGE ONE )

ACACIA ST., MADRIGAL BUSINESS PARK

RC CC PS

Referred to as Page One Building

KINGSTON TOWER

MADRIGAL BUSINESS PARK

***

105,000.00

70,000.00

NOL BUILDING

PAGE ONE

PHILAM LIFE BLDG

MADRIGAL BUSINESS PARK

***

100,000.00

65,000.00

***

90,000.00

65,000.00

***

70,000.00

108,000.00

100,000.00

120,000.00

75,000.00

70,000.00

115,000.00

*****

PARAGON CORPORATE CENTER

PARK TRADE CENTER

MADRIGAL BUSINESS PARK

***

90,000.00

65,000.00

***

75,000.00

******

90,000.00

100,000.00

70,000.00

65,000.00

115,000.00

*****

75,000.00

120,000.00

130,000.00

80,000.00

95,000.00

110,000.00

68,000.00

95,000.00

110,000.00

68,000.00

PRIME CENTER

RICHVILLE CORPORATE CENTER

RICHVILLE CORPORATE TOWER

MADRIGAL BUSINESS PARK

***

90,000.00

65,000.00

***

100,000.00

70,000.00

***

100,000.00

70,000.00

RICHVILLE REGENCY SUITES CONDO (VIVERE HOTEL)

MADRIGAL BUSINESS PARK

RC CC PS

Correct Condo Name is Vivere Hotel (Brgy. Alabang)

SONRIA

MADRIGAL BUSINESS PARK

120,000.00 145,000.00 80,000.00

95,000.00

110,000.00

68,000.00

******

100,000.00

70,000.00

SOUTH CENTER TOWER

MADRIGAL BUSINESS PARK

NEW CONDOMINIUM BUILDING CERCA ALABANG

120,000.00

WESTGATE TOWER CONDO

ALPAP BLDG.

MADRIGAL BUSINESS PARK

FILINVEST CORPORATE CITY

ALABANG BUSINESS TOWER

70,000.00

100,000.00

WEST PARC CEDAR

200,000.00

100,000.00

FILINVEST CORPORATE CITY

X CONDOMINIUM

FILINVEST CORPORATE CITY

WEST PARC BIRCH

250,000.00

120,000.00

STUDIO ONE CONDO

12,000.00 250,000.00 14,000.00 45,000.00 50,000.00 No property classified as such in the area 25,000.00 35,000.00 13,000.00 13,000.00 23,000.00 250,000.00 225,000.00 15,000.00 250,000.00 15,000.00 15,000.00 15,000.00 15,000.00 25,000.00 25,000.00 50,000.00 40,000.00 40,000.00 50,000.00 45,000.00 250,000.00 250,000.00 250,000.00 100,000.00 15,000.00 15,000.00 250,000.00 15,000.00 5,000.00 7,000.00

80,000.00

Relocated to Barangay Ayala Alabang

RR CR RR RR* CR* I X

250,000.00

RC CC PS

8TH REV ZV.SQ.M

CR*

*****

FILINVEST CORPORATE CITY

CLASSIFICATION

ALABANG-ZAPOTE RD- APITONG

ALL OTHER STREETS

115,000.00

SOUTH GATE TOWER

FILINVEST CORPORATE CITY

250,000.00

75,000.00

70,000.00

FILINVEST CORPORATE CITY

100,000.00

Correct Condo Name is Vivere Resorts and Hotel (Page 4)

FILINVEST CORPORATE CITY

200,000.00

MADRIGAL AVE. ALABANG-ZAPOTE RD

VIVANT FLATS

RC CC PS

NORTHGATE CYBERZONE

250,000.00

84,000.00

FILINVEST CORPORATE CITY

VECTOR ONE

250,000.00

CR**

150,000.00

RICHVILLE REGENCY SUITES CONDOMINIUM

FILINVEST CORPORATE CITY

CR*

ALABANG HILLS VILLAGE/PACIFIC VILLAGE

70,000.00

THE LEVELS

ALONG COMMERCE AVE/AYALA ALABANG

MADRIGAL BUSINESS PARK 3

100,000.00

FILINVEST CORPORATE CITY

MADRIGAL BUSINESS PARK 1 & 2

MADRIGAL-VASQUEZ PROPERTY

STUDIO CITY CONDOMINIUM

90,000.00 80,000.00

FILINVEST CORPORATE CITY

X RR

BPI HOUSING

FILINVEST CORPORATE CITY

STUDIO TWO CONDO

SCHOOLS, CHURCHES AYALA ALABANG EMPLOYEES HOUSING PROJECT 1 & 2 (AEHP 1 & 2 EMPLOYEES HOUSING) LOTS ALONG ACACIA AVENUE

PLAZA C, D, E CONDOMINIUM ^

WEST PARC ALDER

RR CR RR** RR X CR X RR*** CR RR RR*** RR**** RR X RR CR X RR CR X CR X CR RR RR RR CR RR RR**** RR****

ALABANG TOWN CENTER

CLASSIFICATION

ALL OTHER STREETS

15,000.00

VICINITY

ALABANG ZAPOTE - COMMERCE AVENUE

VIVERE HOTEL AND RESORTS

City/Municipality : MUNTINLUPA CITY Barangay : ALABANG

8TH REV ZV.SQ.M

NATIONAL HIGHWAY - BAYANAN CREEK

CAPITAL ONE

RESIDENTIAL

CLASSIFICATION

WESTGATE CENTER

BRISTOL CONDOMINIUM

DEFINITION OF TERMS

VICINITY

STREETS/ SUBDIVISIONS/ CONDOMINIUMS/ TOWNHOUSES

UP SIDE SUBDIVISION

BOTANIKA NATURE RESOURCES

CAESAR R. DULAY Commissioner of Internal Revenue

GENERAL PURPOSE

STREETS/ SUBDIVISIONS/ CONDOMINIUMS/ TOWNHOUSES

Barangay : AYALA ALABANG

170,000.00

110,000.00

PARKWAY CORPORATE CENTER

FILINVEST CORPORATE CITY

195,000.00

120,000.00

3 FORTY FIFTH RESIDENCES

ALABANG

150,000.00

105,000.00

SOUTHGATE BLDG

UNIOIL CENTER BLDG

MADRIGAL BUSINESS PARK

TOWNHOUSES (CCT) NHA FILINVEST

NORTHGATE CYBERZONE CENTER

35,000.00

LA RESIDENCIA

ALABANG HILLS VILLAGE, ALABANG

72,000.00

***

100,000.00

70,000.00

***

105,000.00

75,000.00

***

100,000.00

69,000.00

75,000.00

TOWNHOUSES (CCT) NEW AYALA ALABANG TOWNHOUSE

AYALA ALABANG VILLAGE

NOTE : - X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc.

NOTE :

- Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation.

- X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc.

* As per City Assessor’s Recommendation reclassified as Residential (Interior) and commercial (Along the Road)

- Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation.

** Composed mostly of Low Cost Residential\Socialized Housing Area

LEGEND:

*** Located within or near the faultline area

* A Central Business District Area

****Low lying or flood prone area *****As per ocular inspection and conformed by the Assessor’s Office, building is exclusively residential ******As per ocular inspection and conformed by the Assessor’s Office, building is exclusively commercial

** Per recommendation from the City Assessor’s Office and validated through ocular inspection this should be appropriately located in Ayala Alabang and not in Brgy. Cupang ***As per ocular inspection and conformed by the Assessor’s Office, building is exclusively commercial

REVISED ZONAL VALUATION – RDO No. 53B – MUNTINLUPA CITY Barangay : BAYANAN STREETS/ SUBDIVISIONS/ CONDOMINIUMS/ TOWNHOUSES

VICINITY

CLASSIFICATION

8TH REV ZV.SQ.M

ALONG PHILIPPINE NATIONAL RAILWAYS

BARRIO PROPER

RR*

10,000.00

BAGONG PARAISO

INT. TM ROAD

RR**

8,000.00

BAUTISTA ST

NATIONAL ROAD - T.M. ROAD

20,000.00

NATIONAL ROAD

48,000.00

NATIONAL ROAD - SLEX

20,000.00

FILRIZAM SUBDIVISION

INT. BAUTISTA ST.

15,000.00

NATIONAL ROAD

BAYANAN RVR-PUTATAN BDRY

30,000.00

PUROK 1-IV

EXPRESSWAY

SOUTH LUZON EXPRESSWAY (SLEX)

POBLACION RIVER-ALABANG VIADUCT

50,000.00

42,000.00

RR****

10,000.00

RR*

15,000.00

CR*

45,000.00

35,000.00

25,000.00

SUMMIT CIRCLE

INT. NATIONAL ROAD

10,000.00

SUNRISE VILLAGE

ALONG RAILROAD

8,000.00

T.M. ROAD

LAKESIDE- T.M. ROAD

RR***

5,000.00

T.M. ROAD (SAN GUILLERMO ST.)

PNR SIDE

RR***

7,000.00

45,000.00

33,000.00

25,000.00

ALL OTHER STREETS

NOTE :

- Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation.

LEGEND:

EAST SERVICE ROAD

STREETS/ SUBDIVISIONS/ CONDOMINIUMS/ TOWNHOUSES

CLASSIFICATION

BARRIO PROPER

RR*

8,000.00

CONCEPCION ROAD

EAST SERVICE ROAD

25,000.00

50,000.00

45,000.00

35,000.00

EAST SERVICE ROAD

ESPELETA ST.

CUPANG BDRY- BULI RIVER

BARRIO PROPER

25,000.00

50,000.00

45,000.00

35,000.00

RR**

8,000.00

10,000.00

35,000.00

33,000.00

45,000.00

10,000.00

15,000.00

INTERCITY HOMES SUBDIVISION

WEST SERVICE ROAD

17,500.00

25,000.00

KALIPAYAN HOMES VILLAGE

DON JESUS BLVD

40,000.00

20,000.00

LIBERTY HOMES

INT. EAST SERVICE ROAD

*RR

15,000.00

20,000.00

18,000.00

25,000.00

22,000.00

15,000.00 25,000.00

MADRIGAL BUSINESS PARK 3

MINTCOR SOUTHROW TOWNHOUSES

PACIFIC MALAYAN VILLAGE

RIZAL ST.

ALABANG HILLS VILLAGE/ PACIFIC VILLAGE

CR X

NATIONAL ROAD-PNR

INTERIOR WEST SERVICE ROAD

20,000.00

WEST SERVICE ROAD

50,000.00

22,000.00

ALABANG HILLS

50,000.00

PACIFIC VILLAGE

ALABANG HILLS

50,000.00

SAMAHANG MAGKAKAPITBAHAY

PRIMAVERA HOMES SUBDIVISION

RIZAL VILLAGE

15,000.00

SOUTH LUZON EXPRESSWAY (SLEX)

RIZAL VILLAGE

SAN JOSE VILLAGE SUBD

KAP. TIAGO STREET

17,500.00

SITIO RIZAL

12,000.00

18,000.00

ELSIE GACHES

25,000.00

28,000.00

SITIO RIZAL

RIZAL VILLAGE

15,000.00

SITIO SANTO NINO

SQUATTER AREA

8,000.00

ALABANG ZAPOTE ROAD

40,000.00

45,000.00

T.M. ROAD

LAKESIDE

5,000.00

TM ROAD / PRES. MANUEL L. QUEZON

PNR SIDE

7,000.00

VILLA DONATA

SAN JOSE SUBD.

25,000.00

WEST SERVICE ROAD

CUPANG RIVER - BULI RIVER

25,000.00

50,000.00

45,000.00

35,000.00

10,000.00

45,000.00

40,000.00

35,000.00

80,000.00

56,000.00

CONDOMINIUM ASIA ENCLAVES CONDO

WEST SERVICE ROAD

AVIDA TOWERS ALABANG

ALABANG-ZAPOTE RD

RC CC PS

Located in Brgy. Alabang

CAPRI CONDO

CUPANG RIVER - BULI RIVER

50,000.00

35,000.00

LA RESIDENCIA

ALABANG HILLS,

RC CC

Located in Brgy. Alabang

TITO JOVER TOWER (TITO JOVY TOWER)

BUENCAMINO, ALABANG

LAKESIDE

RR**

5,000.00

T M ROAD (PRESIDENT MANUEL L. QUEZON) PNR SIDE

T.M.ROAD-PNR SIDE

RR**

7,000.00

60,000.00

10,000.00

35,000.00

CUPANG BDRY- BULI RIVER

ALL OTHER STREETS

EAST SERVICE ROAD

35,000.00

25,000.00

SOUTHVILLE I-III

SAMPAGUITA ROAD-INSULAR PRISON ROAD (Low Cost/ Socialized Housing Area)

8,000.00

T.M. ROAD

LAKESIDE (Flood Prone Area)

5,000.00

T.M. ROAD (SAN GUILLERMO ST)

PNR SIDE (Flood Prone Area)

7,000.00

10,000.00

25,000.00

22,000.00

20,000.00

ALL OTHER STREETS

NOTE : - X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc. - Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation. Barangay : PUTATAN STREETS/ SUBDIVISIONS/ CONDOMINIUMS/ TOWNHOUSES

VICINITY

CLASSIFICATION

8TH REV ZV.SQ.M

A & A AGRO HOMES

INT. NATIONAL ROAD

15,000.00

ALMAN VILLE SUBDIVISION

SUMMIT VILLE (Low Lying Area)

10,000.00

ALONG PHILIPPINE NATIONAL RAILWAYS

BARRIO PROPER (No Right of Way)

8,000.00

BAGONG SIBOL (Populated mostly by Informal Settler)

PASONG MAKIPOT

8,000.00

BAYFAIR SUBDDIVISION

INT. BRUGER ROAD

12,000.00

BLOOMBLISS

INT. NATIONAL ROAD

10,000.00

BRUGER SUBDIVISION

NATIONAL ROAD TO PNR

20,000.00

BRUGER STREET

21,000.00

LARBAF STREET

22,000.00

25,000.00

NATIONAL RD TO PNR CAMELLA HOMES 1

SOUTH SUPERVILLE SUBD

15,000.00

CAMELLA HOMES 2

SOLDIER’S HILLS

15,000.00

CAMELLA HOMES II-D

SOLDIER’S HILLS

15,000.00

CAMELLA HOMES II- E

SOLDIER’S HILLS

15,000.00

CAMELLA HOMES IV-B

BALIMBING RIVER

15,000.00

CAMELLA TOWNHOMES 1

CAMELLA HOMES I

15,000.00

SOUTH SUPERVILLE SUBD

35,000.00

- X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc.

COUNTRY HOMES/CERF TOWNHOMES

SLEX

15,000.00

- Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation.

ESPORLAS CPD (Populated mostly by Informal Settler)

F. DE MESA ELEM SCHOOL

10,000.00

20,000.00

10,000.00

50,000.00

45,000.00

35,000.00

100,000.00

***

70,000.00 100,000.00

***

70,000.00

- @Newly Identified Specific Area, Building, Location, Street or Vicinity per City Assessor’s Recommendation - Per recommendation from the Office of the City Assessor and validated through ocular inspection there are commercial properties within the area. - Per recommendation from the Office of the City Assessor and validated through ocular inspection the area also comprises an industrial estate.

**Low lying or flood prone area *** As Per ocular inspection and coformed by the assessor’s Office, building is exclusively residential Barangay : CUPANG CLASSIFICATION

8TH REV ZV.SQ.M 45,000.00

SLEX

15,000.00

FREEDOM HILLS SUBDIVISION

INT. NATIONAL ROAD

15,000.00

FREEWILL SUBDIVISION

INT. TM ROAD (Low Lying Area)

12,000.00

GRUENVILLE SUBDIVISION

BRUGER ROAD (Located along Faultline)

12,000.00

GUNDRAN COMPOUND

TREELANE

10,000.00

HILLS VIEW

INT. NATIONAL ROAD (Low Lying Area)

12,000.00

- Located within or near the faultline area

JAYSONVILLE SUBDIVISION

INT. NATIONAL ROAD (Low Lying Area)

12,000.00

15,000.00

JOAS MERRY SUBDIVISION

BRUGER SUBD (Low Lying Area)

12,000.00

20,000.00

12,000.00

- Per recommendation from the Office of City Assessor and validated through ocular inspection this should be appropriately located in Brgy. Ayala Alabang. - Property is located in a narrow road

- Per recommendation from the City Assessor’s Office and validated through ocular inspection this should be properly classified as Condo and not a Townhouse * As Per ocular inspection and coformed by the assessor’s Office, building is exclusively residential ** As Per ocular inspection and coformed by the assessor’s Office, building is exclusively commercial Barangay : POBLACION

EXPRESS VIEW VILLAS

*Low lying or flood prone area

- Per recommendation from the City Assessor’s Office and validated through ocular inspection this should be properly classified as Townhouse and appropriately located in Alabang and not in Brgy. Cupang

ALABANG HILLS VILLAGE SUBD

ST BENEDICTINE

50,000.00

ALABANG HILLSBOROUGH

ALABANG HILLS

50,000.00

STREETS/ SUBDIVISIONS/ CONDOMINIUMS/ TOWNHOUSES

60,000.00

ALONG PHILIPPINE NATIONAL RAILWAYS

BARRIO PROPER

10,000.00

120,000.00

CAMELLA HOMES IV

KATIHAN

12,000.00

80,000.00

COUNTRY HOMES 2

CAMELLA HOMES 4

12,000.00

E.RODRIGUEZ SR. AVENUE

SLEX-BILIBID ROAD (NBP) SLEX-NATIONAL ROAD

15,000.00

TO ALABANG

CAMELLA TOWNHOMES 2

* No Right of Way

WESTGATE TO BUENCAMINO

50,000.00 10,000.00

NOTE :

- Per ocular inspection and concurred by the representatives from the City Assessor’s Office the building is used exclusively for Business, Trade including Practice of Profession and Commercial Purpose.

ALABANG-ZAPOTE ROAD

CR RR**

45,000.00

- Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation.

DON JESUS BLVD

PUTATAN BOUNDARY-TUNASAN BOUNDARY

- X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc.

ALABANG 400 VILLAGE SUBD

8,000.00

50,000.00

NOTE :

VICINITY

10,000.00

- Per ocular inspection and concurred by the representatives from the City Assessor’s Office the building is used exclusively for Dwelling, Habitation and Residential Purpose . Any unit in a purely Residential Condominium (RC) Project Found to be used in business shall be classified as Commercial Condominium and Twenty Percent (20%) of the established value shall be added thereto.

STREETS/ SUBDIVISIONS/ CONDOMINIUMS/ TOWNHOUSES

RR RR

25,000.00

PS RHAPSODY RESIDENCES-CARILLON/CELLO/ CLARINET/ HARMONICA BLDG/MARIMBA BLDG

TOWNHOUSES (CCT)

PNR - TM ROAD MAGDAONG ST

CONDOMINIUMS ANUVA CONDO

NBP-SLEX

SLEX-NATIONAL ROAD (KATIHAN)

Located in Brgy. Alabang

T.M. ROAD

WEST SERVICE ROAD

PNR - TM ROAD

50,000.00

8TH REV ZV.SQ.M

ALONG PHILIPPINE NATIONAL RAILWAYS

8TH REV ZV.SQ.M 20,000.00

45,000.00

NATIONAL ROAD-PNR

CLASSIFICATION RR

QUEZON ST.

VICINITY

ALL OTHER STREETS

VICINITY

STREETS/ SUBDIVISIONS/ CONDOMINIUMS/ TOWNHOUSES

8TH REV ZV.SQ.M

ALABANG HILLS

* No Right of Way ** Composed mostly of Low Cost Residential\Socialized Housing Area ***Low lying or flood prone area **** Per recommendation from the Office of the City Assessor and validated through ocular inspection this should be appropriately described as Purok I. Barangay : BULI

CLASSIFICATION

INTEGRAL TOWNHOMES (INTEGRAL REALTY CORPORATION)

TIERRA NUEVA SUBDIVISION

- X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc.

VICINITY

EAST SEVICE ROAD

EMBASSY VILLAGE

Barangay : POBLACION (continuation)

Barangay : CUPANG (continuation) STREETS/ SUBDIVISIONS/ CONDOMINIUMS/ TOWNHOUSES

WEDNESDAY JUNE 26, 2019

VICINITY

CLASSIFICATION

8TH REV ZV.SQ.M

JRS CMPD/SORIANO VILLE

INT. TM ROAD (TAGUIG MUNT. ROAD/Low Lying Area)

LA CHARINA HEIGHTS

SLEX

15,000.00

LAKEVIEW HOMES I SUBDIVISION

INT. NATIONAL ROAD

12,000.00

15,000.00

LAKEVIEW HOMES II SUBDIVISION

INT. TM ROAD (Low Lying Area)

10,000.00

LAS VEGAST ST

INT. NATIONAL ROAD (Low Lying Area)

12,000.00

LITE HOMES SUBD.

BRUGER ROAD (Located along Faultline)

12,000.00

MIDLAND SUBDIVISION

GRUENVILLE (Low Lying Area)

12,000.00

MULTILAND I & 2 SUBDIVISION

GRUENVILLE (Low Lying Area)

12,000.00

MUNTING NAYON

SUMMITVILLE (Low Cost/ Socialized Housing Area)

12,000.00

MUTUAL HOMES I & II

SOLDIERS HILLS

15,000.00

MUTUAL HOMES III

SOLDIERS HILLS

15,000.00

NATIONAL ROAD

BALIMBING - BAYANAN BOUNDARY

30,000.00

40,000.00

35,000.00

10,000.00

NHA HOUSING COMPOUND

SOLDIERS HILLS (Low Cost/Socialized Housing Area)

NUWHRAIN HOMES SUBDIVISION

BRUGER ROAD

15,000.00

PASONG MAKIPOT (Populated mostly by Informal Settler)

MUNTINLUPA - CAVITE BDRY

8,000.00

PATDU COMPOUND (Populated mostly by Informal Settler)

SOUTH GREENHEIGHTS

8,000.00

PRIMAVERA VILLAS

SOUTH SUPERVILLE SUBD

12,000.00

ALONG PHILIPPINE NATIONAL RAILWAYS

BARRIO PROPER

10,000.00

BF HOMES SUBD PHASE 6

ALABANG HILLS

35,000.00

28,000.00

DON JESUS BLVD.

WEST SERVICE ROAD

60,000.00

25,000.00

50,000.00

22,000.00

50,000.00

KATARUNGAN VILLAGE I (PH I)

NBP RESERVATION

22,000.00

60,000.00

KATARUNGAN VILLAGE I (PH II)

NBP RESERVATION

25,000.00

PRIMAVERA VILLAS II

SOUTH SUPERVILLE SUBD

12,000.00

55,000.00

KATARUNGAN VILLAGE II

NBP RESERVATION

10,000.00

PUPA COMPOUND (URBAN POOR)

SUMMITVILLE (Low Cost/ Socialized Housing Area)

10,000.00

25,000.00

NATIONAL ROAD

MAGDAONG RIV-BALIMBING RIVER

40,000.00 25,000.00

SOLDIERS HILLS

15,000.00

50,000.00

RCE HOMES

ROMAN CRUZ AVENUE

SOLDIERS HILLS

15,000.00

DON MANOLO BLVD

EAST SERVICE ROAD

ALABANG - ZAPOTE ROAD- DON JESUS BLVD

CUPANG RIVER-BULI RIVER

REVISED ZONAL VALUATION – RDO No. 53B – MUNTINLUPA CITY

WEDNESDAY JUNE 26, 2019

Barangay : PUTATAN (continuation) STREETS/ SUBDIVISIONS/ CONDOMINIUMS/ TOWNHOUSES

Barangay : TUNASAN (continuation)

Barangay : SUCAT (Continuation) VICINITY

CLASSIFICATION X

STREETS/ SUBDIVISIONS/ CONDOMINIUMS/ TOWNHOUSES

8TH REV ZV.SQ.M 22,000.00

SAN FRANCISCO ST

INT. NATIONAL ROAD

12,000.00

SOLDIERS HILLS VILLAGES

NATIONAL ROAD TO SLEX

20,000.00

30,000.00

22,000.00

SOUTH GREENHEIGHTS SUBDIVISION

CAMELLA HOMES I

12,000.00

SOUTH SUPERVILLE SUBDIVISION

CAMELLA HOMES II

15,000.00

SUMMITVILLE SUBDIVISION

INT. NATIONAL ROAD

12,000.00

15,000.00

30,000.00

10,000.00

TEPAUREL

NATIONAL ROAD - RAILROAD

T.J. DIAZ TOWNHOMES

BACK OF BLISS

T.M. ROAD

LAKESIDE

RR*

5,000.00

TM ROAD (SAN GUILLERMO ST)

PNR SIDE

RR*

7,000.00

TOP HILLS SUBDIVISION

LAKEVIEW I

12,000.00

TREELANE PARK SUBD

INT. NATIONAL ROAD

12,000.00

VERONICA VILLAS

SLEX

20,000.00

ALL OTHER STREETS

10,000.00

25,000.00

15,000.00

MONET TOWER CONDO

PICASSO TOWER

PRESIDIO CONDO

REMBRANT TOWER

RENOIR TOWER CONDO

SOLANO HILLS 1-6

TRIBECA 1

TOWNHOUSES (CCT)

STREETS/ SUBDIVISIONS/ CONDOMINIUMS/ TOWNHOUSES

VICINITY

CLASSIFICATION

PRESIDIO BRITTANY BAY

70,000.00

PRESIDIO BRITANNY BAY

PRESIDIO BRITTANY BAY

V ILLONCO ROAD

INT EAST SERVICE ROAD

8TH REV ZV.SQ.M

49,000.00

70,000.00

***

49,000.00

70,000.00

49,000.00

70,000.00

49,000.00

90,000.00

63,000.00

75,000.00

40,000.00

VM TOWNHOMES

SOLDIERS HILLS

40,000.00

53,000.00

ALMAN TOWNHOUSE

SUMMITVILLE

RC*

35,000.00

75,000.00

53,000.00

75,000.00

53,000.00

75,000.00

53,000.00

50,000.00

35,000.00

- X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc.

TRIBECA 3

INT EAST SERVICE ROAD

- Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation. * Low lying

TRIBECA BRYANT PLACE 3

INT EAST SERVICE ROAD

Barangay : SUCAT STREETS/ SUBDIVISIONS/ CONDOMINIUMS/ TOWNHOUSES

VICINITY

CLASSIFICATION

8TH REV ZV.SQ.M

WATERFUN CONDO

ALONG PHILIPPINE NATIONAL RAILWAYS

SUCAT ROAD (Interior/No right of Way)

8,000.00

BRITTANY BAY / LA POSADA

POSADAS VILLAGE

40,000.00

CORINTHIAN VILLAS

POSADAS VILLAGE

40,000.00

DON JUAN BAYVIEW SUBD.

TM ROAD

15,000.00

DOÑA ROSARIO BAYVIEW SUBD.

DON JUAN BAYVIEW

20,000.00

DONA ROSARIO HEIGHTS SUBD.

POSADAS VILLAGE

40,000.00

45,000.00

EAST SERVICE ROAD

BULI RIVER-MUNTI-P’QUE BDRY

25,000.00

50,000.00

45,000.00

35,000.00

LA POSADA SUBDIVISION

SLEX TO MAYOR J. POSADAS

35,000.00

MARINA HEIGHTS

BRITTANY

40,000.00

NEW VICTORIANNE ROW

LA POSADA

40,000.00

PATIO HOMES

POSADAS VILLAGE

40,000.00

POSADAS VILLAGE

SLEX

25,000.00

SAMAHANG PAGKAKAISA (Informal Settler Area)

MERALCO STATION

8,000.00

SAMSON ROAD

WEST SERVICE ROAD

SUCAT ROAD

SUCAT INTERCHANGE-MRR RD

SUCAT WEST SERVICE ROAD

NOTE : - X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc. * Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation. * Building is exclusively Residential ** Property is a warehouse and not a condominium classified as Industrial (All Other Street) *** Per ocular inspection and concurred by the representatives from the City Assessor’s Office the building is used exclusively for dwelling, habitation and residential purpose. Any unit in a purely Residential Condominium (RC) Project found to be used in business shall be classified as Commercial Condominium and twenty percent (20%) of the etablished value shall be added thereto. Barangay : TUNASAN STREETS/ SUBDIVISIONS/ CONDOMINIUMS/ TOWNHOUSES

VICINITY

CLASSIFICATION

8TH REV ZV.SQ.M

ABBY’S PLACE

SUSANA HEIGHTS (Located along Faultline)

10,000.00

25,000.00

AGUILA VILLAGE

SUSANA HEIGHTS

15,000.00

50,000.00

ALONG PHILIPPINE NATIONAL RAILWAYS

BARRIO PROPER

8,000.00

45,000.00

ARANDIA ST.

8,000.00

35,000.00

BARRIO PROPER (Flood Prone/Low Lying Area)

25,000.00

BISMAC HOMES

ARANDIA ST.

9,000.00

40,000.00

BLOOMDALES HOMES

VICTORIA HOMES

38,000.00

BRAZILIA HEIGHTS

SUSANA HEIGHTS (Flood Prone/Low Lying Area)

25,000.00

35,000.00

BUENDIA ST

LAKESIDE (Flood Prone/Low Lying Area)

5,000.00

BUENDIA ST.

PNR SIDE (Flood Prone/Low Lying Area)

7,000.00

14,000.00

T.M. ROAD

LAKESIDE (Low Lying Area)

5,000.00

T M ROAD (PRES MANUEL L. QUEZON)

PNR SIDE (Low Lying Area)

7,000.00

VICTORIANNE ROW 2

LA POSA

25,000.00

CAMELLA HOMES ALABANG III

NATIONAL ROAD (Flood Prone/Low Lying Area)

12,000.00

VILLONCO ST.

WEST SERVICE RD

25,000.00

CAMELLA RIDGEVIEW 1 & 2

VICTORIA HOMES (Under-developed)

12,000.00

50,000.00

CITY ESTATE

NATIONAL ROAD

45,000.00

25,000.00

50,000.00

RR X RR CR I X

* * * * * *

45,000.00

14,000.00

18,000.00

WEST SERVICE ROAD

BULI RIVER-MUNTI-P’QUE BDRY

ALL OTHER STREETS

36,000.00

10,000.00

50,000.00

45,000.00

35,000.00

CONDOMINIUMS/TOWNHOUSES (CCT) BELLINI CONDO

BLOSSOM ESTATE INC.

CENTROPOLIS COMMUNITIES

DA VINCI TOWER CONDO

EAST BAY RESIDENCES

ESCALADES SOUTH CONDO

MARFORI TOWER

MICHAELANGELO TOWER

PRESIDIO BRITTANY BAY

WEST SERVICE ROAD

VILLONCO

PRESIDIO BRITTANY BAY

EAST SERVICE ROAD

POWERCITY, SUCAT, MUNTINLUPA

LAKEFRONT SUCAT

PRESIDIO BRITTANY BAY

70,000.00

49,000.00

RC CC PS

** ** **

70,000.00

J.P.A. SUBD

INT. NATIONAL ROAD (Flood Prone/Low Lying Area)

LA GUERTA COMPOUND

ADJACENT TO STO. NIÑO VILLAGE (Squatter’s area/Informal Settlers)

10,000.00

LAKE SHORE SUBDIVISION

LAGUNA LAKESIDE (Flood Prone/Low Lying Area)

12,000.00

LINDENWOOD RESIDENCES SUBD.

SUSANA HEIGHTS SUBD.

25,000.00

LINDENWOOD RESIDENCES SUBD.(PH 2)

SUSANA HEIGHTS SUBD.

25,000.00

LODORA VILLAGE

INT. NATIONAL ROAD (Flood Prone/Low Lying Area)

16,000.00

NATIONAL ROAD

MAGDAONG RIVER-SAN PEDRO RIVER

20,000.00

35,000.00

33,000.00

25,000.00

MIDLAND II SUBDIVISION

INT. BUENDIA ST (Flood Prone/Low Lying Area)

10,000.00

PARCO BELLO SUBDIVISION

VICTORIA HOMES

20,000.00

85,000.00

49,000.00

PARCO BELLO II

VICTORIA HOMES

20,000.00

70,000.00

PARKHOMES SUBDIVISION

INT. NATIONAL ROAD

14,000.00

PLANAS VILLA (SQUATTER'S AREA)

INT. NATIONAL ROAD (Squatter's Area/Informal Settlers)

10,000.00

49,000.00

R.M. TIOSEJO IND'L COMPLEX

INT. NATIONAL ROAD

33,000.00

100,000.00

R.M. TIOSEJO RESIDENTIAL SUBD.

INT. NATIONAL ROAD

15,000.00

120,000.00

SANTO NIÑO VILLAGE 1-3

ALONG PNR

10,000.00

70,000.00

SANTO NIÑO VILLAGE 4

INT. NATIONAL ROAD

10,000.00

70,000.00

SOUTH LUZON EXPRESSWAY (SLEX)

15,000.00

POBLACION - SAN PEDRO BDRY ( Properties classified as Residential has no Right of Way)

CC PS

49,000.00

50,000.00

35,000.00

25,000.00

70,000.00

49,000.00

70,000.00

49,000.00

12,000.00

14,000.00

INT. RODRIGUEZ ST.

10,000.00

8,000.00

35,000.00

VILLA CAROLINA 2

NOTE :

X INT. NATIONAL ROAD

70,000.00

INT. NATIONAL ROAD

INT EAST SERVICE ROAD

10,000.00

DOÑA SEGUNDINA TOWNHOUSE

TRIBECA 2

49,000.00

SUSANA HEIGHTS SUBDIVISION

S EXPRESSWAY

15,000.00

25,000.00

TIOSEJO SUBD (RODRIGUEZ St.)

TIOSEJO SUBDIVISION

15,000.00

35,000.00

8TH REV ZV.SQ.M

SUSANA HEIGHTS

***

CLASSIFICATION

VICTORIA HOMES SUBDIVISION

VILLA CAROLINA 1

VICINITY

ALL OTHER STREETS

28,000.00

10,000.00

125,000.00

87,500.00

CONDOMINIUMS LEAF RESIDENCES

TUNASAN

NOTE : - X (Institutional) pertains to School, Churches, Hospitals, Hotels, etc. - Developer/Owner of condominium project built after the effectivity of this revision shall request for an assignment of values from the Technical Committee on Real Property Valuation. * No such particular property dropped as per City Assessor

CERTAIN GUIDELINES IN THE IMPLEMENTATION OF ZONAL VALUATION OF REAL PROPERTIES FOR REVENUE DISTRICT OFFICE NO. 53B-MUNTINLUPA CITY 1.

NO ZONAL VALUE HAS BEEN PRESCRIBED FOR A PARTICULAR CLASSIFICATION OF REAL PROPERTY. WHEREIN THE APPROVED SCHEDULE OF ZONAL VALUES FOR A PARTICULAR BARANGAY A.) 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 B.) NO ZONAL VALUES 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.

2. PREDOMINANT USE OF PROPERTY. 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. 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/ TOWNHOUSE IS A.) A CONDOMINIUM CERTIFICATE OF TITLE (CCT), THE ZONAL VALUE OF THE LAND AND THE IMPROVEMENTS SHALL BE TREATED AS ONE; OR 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. 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). IF IT IS UTILIZED FOR SOCIAL HOUSING, IT SHALL BE CERTIFIED TO AS SUCH BY THE PROPER GOVERNMENT AGENCY, SUCH AS PRESIDENTIAL COMMISSION FOR THE URBAN POOR (PCUP), THE NATIONAL HOUSING AUTHORITY (NHA). SECOND SALE OF LOT IDENTIFIED AS LOCATED IN THE APD SHALL NO LONGER BE VALUED AS AN APD AND SHALL BE 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 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.