Manila Standard - 2023 August 8 - Tuesday

BAY RECLAMATION TO CAUSE 8-METER FLOODS—VILLAR

PH summons China envoy

PBBM:

DFA fires off note verbale to

By Rey E. Requejo and Vince Lopez

THE Department of Foreign Affairs (DFA) summoned Beijing’s envoy Monday to protest the use of water cannons and dangerous maneuvers against Philippine vessels in the West Philippine Sea, President Ferdinand Marcos Jr. said.

“Our secretary of Foreign Affairs summoned Ambassador Huang (Xilian) today and gave him a note verbale including pictures (and) video about what happened and we are awaiting their reply,” Mr. Marcos told reporters.

“The position of China, of course, is they say ‘this is ours so we are defending it’ and we, for our part, are saying ‘no, we own it so we are defending it’. So that becomes a gray area that we are discussing.”

But Beijing claimed it took “necessary controls” against Philippine boats that “illegally” entered its waters.

“Two repair ships and two coast guard ships from the Philippines illegally broke into the waters... in China’s Nansha Islands,” China Coast Guard spokesperson Gan Yu said, adding that Beijing had “implemented necessary controls in accordance with the law and

Stop bullying us, Go tells Beijing; solons chime in

By Macon Ramos-Araneta and Maricel V. Cruz

SAYING that former President Rodrigo Duterte afforded them “too much respect” during his six-year term, Senator Christopher Go urged China to respect and stop bullying the Philippines.

“I am urging the government of China, our former President had just [come from] there. Stop bullying us,” said Go, a close associate of the former President who served as his special assistant before he won a Senate seat.

Go was supposed to accompany Duterte during his week-long visit to China President Xi Jinping, but failed to do so due to his busy schedule.

protest latest WPS mess

Elevated NLEX part, water impounding system to solve flood woes

By Charles Dantes, Darwin Amojelar and

Barcelo

Speaker seals Vietnam pact to supply rice

By Maricel V. Cruz

SPEAKER Ferdinand Martin G.

Romualdez has secured the commitment of Vietnam to provide the Philippines with a stable supply of rice at affordable prices in an affirmation of the strong friendly relations between the two countries.

By Alena Mae Flores

THE country’s oil firms raised pump prices by P4 per liter for diesel, kerosene by P2.75 per liter and gasoline by P0.50 per liter effective 6 a.m. today (Tuesday) to reflect the movement of prices in the world oil market.

Department of Energy Oil Industry Management Bureau

This developed during Romualdez’s side meeting with Vuong Dinh Hue, president of the National Assembly of Vietnam on the eve of the formal opening of the 44th AIPA (ASEAN Parliamentary Assembly) general assembly in Jakarta, Indonesia on Sunday.

punishment on kids

Court dismissed the petition of a couple seeking to overturn a

‘Reclamation to cause 8-meter floods’

By Macon Ramos-Araneta

SENATOR Cynthia Villar yesterday warned that a six- to eight-meter flood in Las Piñas City and other nearby areas could likely happen if the ongoing reclamation in Manila Bay reaches her hometown.

Villar, the chairperson of the Senate Committee on the Environment and natural resources, has been strongly objecting to any reclamation project at Manila Bay.

“I’m taking them [to the Supreme Court]. If they don’t revise [their plan], we have no choice. Will I allow my hometown to be submerged in a six-foot flood?” she said.

“If they continue with the reclamation in our part of Manila Bay, there will be no outlet for our four rivers. It was predicted there will be six to eight meters of flooding. Six meters is [equivalent to a] three-story building,” Villar added.

She said she already raised her concern with President Ferdinand Marcos Jr. and Environment Secretary Maria Antonia Yulo-Loyzaga.

“I told them we are a legislated protected area. We are entitled to a buffer

zone of three kilometers provided for by the DENR,” she said. The Las Pinas-Parañaque Wetland Park is a protected area recognized as a Wetland of International Importance during the Unesco Ramsar Convention.

According to the senator, her committee will conduct a public hearing on the ongoing reclamation project. She said she agrees with the observation of Justice Secretary Crispin Remulla that the awarding of the contracts for the reclamation project was rushed.

DA seizes ‘mishandled’ meat from Taytay market

By Maricel V. Cruz

He reminded China that Duterte was good to them during his administration. He even pivoted away from the Philippines’ traditional alliance with the United States after then-US President Barack Obama strongly criticized Duterte’s bloody war on drugs.

“While we are a small country, they will do that to us,” said Go.

China’s Coast Guard ships used a water cannon against a Philippine vessel in the West Philippine Sea while it was delivering supplies to Ayungin shoal on Saturday (see main story -- Editors).

Senate President Juan Miguel Zubiri said they were informed by President Ferdinand Marcos Jr. that Duterte told China’s Xi “to look kindly on the Philippines.”

Asked if this appeal seemed effective, Go said Duterte was no longer president of the Philippines.

“That’s a personal trip. He’s no longer the president,” he said. “He went there upon the invitation of a school, a foundation for the inauguration of the Solidad Duterte building, a school there.”

While there, Duterre was invited by President Xi, so he went, Go added.

Go said the Philippines “should fight for what it won,” referring to the ruling by the Permanent Court of Arbitration that declared the West Philippine Sea to be within the country’s exclusive economic zone.

The ruling invalidated China’s nine-dash line and sweeping claim in the South China Sea.

Senator Risa Hontiveros said the Chinese Communication Construction Co. (CCCC), a Chinese stateowned company operating in the Philippines, should also be banned from the country.

“China is not a friend. She is not even a good neighbor…. Banning one of their state-owned companies is a way to tell China that we will not tolerate any abuse anymore,” Hontiveros said.

The Marcos administration had resumed canceled loan applications with the CCCC for the Davao-Digos Rail segment, the Calamba-Matnog long haul rail, and the Subic-Clark Rail.

The

Meralco clients begin receiving lifeline rates

By Alena Mae S. Flores and Macon Ramos-Araneta

LOW-INCOME customers of the Manila Electric Co. (Meralco) have begun getting lower electricity rates with the implementation of Meralco’s new lifeline rate program.

Meralco vice president and head of utility economics Lawrence Fernandez said that under the program, discounts to lifeline rates or marginalized customers are subsidized by regular customers.

director Rino Abad said over the weekend diesel increase may hit P4 per liter.

Abad said the increase in pump prices was driven by cut in production from Russia and Saudi Arabia.

Diesel prices have increased by around P10 per liter for the past five weeks, while gasoline prices have already risen by P5 per liter for the same period.

This week’s adjustments came on the heels of after a major pump price hike of P3.50 for diesel, P2.10 for gasoline, and P3.25 for kerosene last week.

It is also the fifth straight week of increases for diesel and kerosene and the fourth in a row for gasoline.

Meanwhile, the United Filipino Consumers and Commuters on Monday said the government’s P6,000 fuel subsidy should not be limited to public utility vehicle drivers.

“Drivers are not the only people affected by the major oil price hike. Think of the consumers, the commuters, the other lowly employees,” said Rodolfo Javellana Jr., UFCC president.

“The ordinary Filipino people will have to bear the brunt of the subsidies granted to select sectors,” he added. With Rio N. Araja

stopped Philippine ships carrying illegal building materials.”

But officials in China could not be reached during the “critical hours” when the Philippines tried to use the hotline between the two countries after the Chinese coast guard trained a water cannon at Philippine vessels in the West Philippine Sea, DFA spokesperson Teresita Daza said.

“During the summon, the Philippines through the DFA expressed disappointment that the DFA was unable to reach its counterpart to the maritime communication mechanism for several hours while the incident was occurring,” Daza said in a joint media briefing that included representatives from the Defense Department, National Security Council, and the Philippine Coast Guard.

Speaker Ferdinand Martin G. Romualdez on Monday supported the President’s decision to consult military leaders after the illegal use of water cannons on PCG and civilian vessels.

“The President made the right decision to get the consensus of officials of the Armed Forces of the Philippines on how best the government can address the latest incident in the West Philippine Sea,” Romualdez, head of the 312-member House of Representatives, said in commending the President’s course of action.

The Chinese ambassador met on Monday morning with senior DFA diplomats, who conveyed Manila’s deep

floor in unsanitary carton boxes. The confiscated meat was later buried in an empty lot in Taytay, Rizal. Dennis Solomon of the DA Inspectorate team said the agency received information from consumers that mishandled meat was being sold in the Taytay Public Market, prompting the team to launch the operation.

“We were able to confirm the reports of mishandled meat being sold. We saw the meat was on the floor... we know how dirty the floors are. The NMIS saw there were violations so they confiscated it,” he said. Mishandled meat, Solomon said, poses a health hazard to people who would consume the meat.

COMMON STAND. Philippine Coast Guard spokesperson for the West Philippine Sea Commodore Jay Tarriela (left), National Security Council Jonathan Malaya spokesperson (center) and Armed Forces of the Philippines spokesperson Colonel Medel Aguilar take part in a press conference in response to recent aggression by the Chinese Coast Guard against Philippine vessels in the South China Sea at the Department of Foreign Affairs in Manila on August 7. AFP

concern over the incident and emphasized that China’s actions violated international law.

The incident happened Saturday as the Philippine Coast Guard (PCG) escorted charter boats carrying food, water, fuel, and other supplies for Filipino soldiers stationed at Ayungin (Second Thomas) Shoal in the Spratly Islands. Beijing claims almost all of the South China Sea, through which trillions of dollars in trade passes annually. It has ignored a 2016 international court ruling that its assertion has no legal basis.

The Philippine military and coast guard have accused the China Coast Guard of breaking international law in using as many as eight CCG, Chinese Navy, and maritime militia ships in blocking and firing water cannons at the resupply mission, which prevented one of the charter boats from reaching the shoal.

Another charter boat managed to squeeze through the blockade and was successful in unloading its cargo, video supplied by the PCG and Senate President Juan Miguel Zubiri showed.

China said it had taken “necessary controls” against Philippine boats that had “illegally” entered its waters.

The US State Department on Sunday condemned the Chinese actions, saying they were carried out by the coast guard and “maritime militia,” and that they directly threatened regional peace and stability.

Britain, Australia, Canada, and the European Union also criticized Beijing’s actions.

On Monday, the United Kingdom

ishment which conflict with a child’s human dignity, including ‘punishment which belittles, humiliates, denigrates, scapegoats, threatens, scares, or ridicules a child,’” the SC said.

Court of Appeals ruling finding them jointly liable for “harassing, intimidating, and spreading false and malicious rumors” against their child’s female partner and her parents.

“The best interest of a child cannot justify forms of cruel or degrading pun-

mon will be raised to solve heavy traffic and avoid congestion during the rainy season.

joined the United States and other foreign governments in calling out China for its actions in Ayungin Shoal.

“The UK is concerned by reports of unsafe conduct towards (Philippine) vessels in a recent incident in the South China Sea. Such action poses serious risks to regional peace and stability,” the British Embassy in Manila said in a Twitter post.

Canadian Ambassador to the Philippines David Bruce Hartman said Canada “unreservedly condemns the dangerous and provocative actions taken by the Chinese Coast Guard against Philippine vessels on August 5th, in the vicinity of Ayungin Shoal inside the exclusive economic zone of the Philippines.”

Calling them “reckless actions,” the envoy said Canada was “in full solidarity with the Philippines in upholding the rules-based international order.”

“Unsafe maneuvers and use of water cannons to disrupt the lawful operations of Philippine vessels is unacceptable, and inconsistent with the obligations of the People’s Republic of China (PRC) under international law,” he added.

By continuing what he called “acts of intimidation and coercion,” China is undermining “safety, security, and stability across the region, and raising the risks of grave miscalculation.”

The ambassador expressed support for the 2016 Arbitral Tribunal ruling that invalidated the basis of China’s sweeping claims in the resource-rich region, and called on Beijing “to comply with its obligations under international law.” With AFP

the couple who made humiliating remarks against the 14-year-old partner of their child in 2004.

Under the lifeline rate program, qualified customers should have a monthly electricity consumption of 100 kilowatt hours or below to avail of the discount ranging from 20 percent to 100 percent in their Meralco electricity bills depending on their actual consumption.

He did not give figures for the lower rates but said the add-on to other customers will go down compared to before.

Fernandez said the program is revenue neutral for distribution utilities/ electric cooperatives like Meralco.

He said the lifeline program has been in operation since the early 2000s. “Only the eligibility criteria has been changed, following the enactment of a new law by Congress,” Fernandez said.

Meralco urged qualified customers to register to avail of the lifeline rate discount.

Sen. Francis Escudero meanwhile filed Senate Bill 2301 which seeks to exempt electricity sales from the 12% value-added tax (VAT) as per the amended National Internal Revenue Code.

Under the measure, the following transactions shall also be exempt from VAT: sale of electricity by generation, transmission and distribution companies and electric cooperatives; and services of franchise grantees of electric utilities.

Speaker...

From A1

President Ferdinand R. Marcos, Jr. earlier expressed concern over the country’s rice supply amid the widespread damage to farmlands caused recently by Typhoon Egay and the threat posed by El Niño phenomenon on rice production.

Similarly, the export ban imposed last July 20 by India--the world’s largest rice exporter---is expected to cause ripples in global rice prices that would affect millions of consumers, particularly in Africa and Asia.

Vietnam is traditionally the main source of Philippine rice imports but as other buyers crowd in, President Marcos said supply might become limited and the country may have to find an alternative supply source.

The Vietnamese assurance could help boost the country’s rice supply and dampen possible price spikes fueled by speculation over possible shortages.

Romualdez said the Philippines is willing to provide Vietnam with specific products and materials it may need to meet the demand of its industries or consumers.

He also told Hue that he is looking forward to broadening the areas of cooperation between the two countries, particularly between the respective parliaments and in the areas of energy transition and digital transformation.

terest rate of 6 percent per annum until the finality of the decision.

that can withstand the flood can use the old expressway. Cars, on the other hand, can use the elevated ramp. So we’ll study that,” Mr. Marcos said during a situational briefing in Pampanga, some parts of which are still underwater.

The President said the bridge in San Si-

Meanwhile, the water impounding system, once approved, will utilize at least 10 percent of the land mass in Candaba.

Last week, motorists passing through the San Simon northbound part of the Candaba Viaduct had to reduce their speed to about 10 kilometers per hour because of floods.

Metro Pacific Tollways Corporation president and former Department of

“A person who debases, degrades, or demeans the child’s intrinsic worth and dignity as a human being can be held liable for damages,” the high tribunal added.

The decision resolved the appeal of

Public Works and Highways Secretary Rogelio Singson committed that the flooding issue will be fixed.

“We are committing that we will solve the NLEX San Simon segment. We hope to be able to finish it in about three months,” Singson said.

The President underscored the need for the government and the public to prepare for the effects of climate change.

“We really need to prepare for climate

The Supreme Court also affirmed with modification the resolution and ordered the couple to pay jointly and severally P30,000 as moral damages, P20,000 as exemplary damages, and P30,000 as attorney’s fees and litigation expenses. The SC court also imposed a legal in-

change. The weather is changing, and is not like what it used to be,” he said.

“Everything we know about the weather is no longer applicable. The weather is changing. We are not going back to what we used to be. This is the reality of climate change.”

“I’m sorry. It’s really bad news and we all don’t want to deal with it, but we have to,” he added.

The DPWH, for its part, said it will

“The exemplary damages are awarded not only to compensate respondents but more importantly to remind the petitioners of their fundamental duty as parents, not only to rear our youth for civic efficiency and the development of moral character but also to serve as role models,” the High Court said.

conduct extensive dredging operations along the Pampanga and Porac rivers to protect residents living close to rivers and mitigate flooding along the portion of NLEX in San Simon.

DPWH Region III Director Roseller

A. Tolentino said the dredging operations along the Pampanga River, the second largest river in Luzon, will benefit towns and municipalities of Porac, Guagua,

and Lubao in Pampanga.

Shipping group lauds move to resolve container issues

THE Association of International Shipping Lines (AISL) lauded the Department of Transportation’s (DOTr) approach to resolving the industry’s container deposit concerns.

“We can only commend the creativity of the Transportation Secretary for a coming up with a set of viable options which shipping lines can choose from in order to solve the container deposit problem which, for years, has been a source of irritants between the importing community and international shipping lines,” the AISL, in a statement said.

The group further said the solution being proposed by the DOTr Secretary “is consistent with the provisions of

House Bill No. 04933 which is under deliberation by the House Committee on Transportation.”

“DOTr’s pragmatic approach to the container deposit problem is a welcome departure from the solution offered by the PPA’s TOP-CRMS,” the group said.

In a letter dated July 12, DOTr Secretary Jaime Bautista presented three alternative options for shipping lines to consider, providing them with the freedom to choose the most suitable solution:

(a) Discontinue the container deposit practice; (b) Continue to collect container deposits contingent upon the availability to refund within 14 days, or

(c) Subscribe to container deposit

from Container Ledger Account (CLA) or other providers that offer equivalent services.

Shipping lines have the option to voluntarily cease the practice of requiring container deposits, continue collecting container deposit with prompt refunds, or avail of Container Ledger Account (CLA) services or explore other providers offering equivalent services, according to Ronas.

“Unlike TOP-CRMS, the DOTr’s democratic solutions provide shipping lines a latitude in determining, and choosing, the most appropriate resolution to the container deposit issue, ensuring a fair and competitive environment within the shipping industry,” Ronas said.

BARMM governors meet in Davao with Ibrahim in 1st Leaders Council

THE BARMM Governors’ Caucus (BGC) on Monday welcomed the convening for the first time of the autonomous region’s Council of Leaders by Interim Chief Minister Ahod Balawag Ibrahim.

Members of the Council of Leaders will meet on Wednesday, August 9, in Davao City.

Since the establishment of the BARMM in March 2019, the provincial governors have called for the activation of the Council of Leaders, so that the voice of Local Government Units (LGUs) can be heard and considered in the governance of the autonomous region.

During the launch of the BARMM Governors Caucus (BGC) on June 6, 2023, the five elected governors of BARMM called for the meeting of the Regional Peace and Order Council (RPOC), as well as the convening of the Council of Leaders, among others.

The RPOC met in Sulu last 10 June where the governors submitted their manifesto and an open letter to President Marcos. In a Joint Position Paper, the governors called for the regular meeting of the Council of Leaders, at least quarterly, to fulfill its mandate under RA 11054 or the Bangsamoro Organic Law.

The governors also called for the inclusion of the following critical and urgent issues in the agenda for the Council’s meeting: peace and order issues leading to the October 2023 barangay and SK elections; rationalizing and armonizing BARMM and local government planning; greater coordination between regional ministries and localities in the implementation of regional projects in local areass; transparent, accountable, and efficient implementation of regional projects and Issues on Rule of Law and Justice in the region. Maricel V. Cruz

MIAA: Emergency response exercises a ‘success’

THE Manila International Airport Authority (MIAA) said its recent emergency response capability and preparedness exercise over the weekend was a success.

MIAA Officer-in-Charge Bryan Co said the successful demonstration of this year’s full-scale simulated emergency made them ensure that the prescribed plans, guidelines, and organizational setup of the Airport Emergency Plan 2023 adequately and effectively address emergencies occurring at or within the immediate vicinity of the Ninoy Aquino International Airport.

During the simulation dubbed as Crash Rescue Exercise (CREX) held last Friday at the General Aviation Area of NAIA,

THE Quezon City government has received 25 biodigesters and food waste-on-wheels from the United Nations Development Programme in the Philippines and the Japanese Government to boost the city’s transition to a circular economy and further strengthen its food waste recovery strategy in communities.

By Julito G. Rada

THE education sector was allotted P924.7 billion in the proposed 2024 national budget.

Department of Budget and Management (DBM) Secretary

Amenah said Monday that higher provisions for subsidies, facilities, learning materials, and skills training programs comprise the bulk of the 3.3-percent increase in the budget allocation for the education sector in the fiscal year 2024 National Expenditure Program (NEP).

The DBM recently transmitted the proposed budget to the House of Representatives for deliberations following its approval by President Ferdinand Marcos Jr.

“As mandated by the Constitution, education will remain our top priority with a total budget of P924.7 billion, equivalent to 16.0 percent of the FY 2024 NEP,” Pangandaman said.

Pangandaman said that of the total amount, P758.6 billion was allotted for the DepEd, while P31 billion is for the Commission on Higher Education (CHED).

She said P15.2 billion had been provided for the Technical Education and Skills Development Authority

and P105.6 billion for the 116 state universities and colleges, among others.

The subsidies for students consist of P51.1 billion for the UAQTE Program and an additional P41.0 billion for Education Assistance — of which P39.3 billion goes to DepEd’s Education Service Contracting, Junior High School and Senior High School Voucher Program, and Joint Delivery Voucher Program for SHS Technical Vocational Livelihood Specialization.

Various infrastructure projects of state universities and colleges will receive P3.4 billion.

Vice President and DepEd Secretary Sara Duterte on Monday defended her proposal for the education department to be given P150 million in confidential funds.

In an interview with media on the sideline of the Brigada Eskwela kick off at Tarlac National High School, Duterte stressed that the fund is necessary for the learning of students.

Duterte said there is basis for the requested amount but refused to give details due to its nature.

Gabriela Rep. Arlene Brosas criticized the proposed confidential fund of DepEd, saying it has no place in such department.

The Philippine National Police (PNP) meanwhile said it has shifted the focus of its security preparations for the opening of classes in public schools on Aug. 29.

Vince Lopez

Sandigan acquits 2 TRC execs of malversation

By Maricel V. Cruz

THE Sandiganbayan has acquitted two former Technology Resource Center (TRC) officials of graft and malversation in connection with another Priority Development Assistant Fund scam.

Former TRC director general Dennis Cunanan and corporate support services manager Francisco Figura were acquitted by the Sandiganbayan’s second division due to the failure of the Ombudsman to prove their guilt.

In the decision promulgated on August 4, the antigraft court noted the “unequivocal misgivings” of the two former officials in entering into a P10 million project with the nongovernment organization Philippine Environmental and Ecological Development Association from 2007 to 2013.

“With respect to accused Figura and Cunanan, however, they are properly entitled to exculpation taking into consideration the misgiving and protestation they timely raised with regards to the PDAF transactions,” the anti-graft court said in the decision written by the division chairmann Justice Oscar Herrera Jr., that was concurred in by Associate Justices Edgardo Caldona and Arthur Malabaguio. Cunanan, Figura, as well as TRC legislative liaison officer Maria Rosalinda Lacsamana and PEEDAI chief executive officer Butch Canoy, chief operating officer Vincent Jaudian, treasurer Mercy Cabig and vice president Alfredo Soriano were charged by the Office of the Ombudsman in 2019 of conspiring with one another and with the late Compostela Valley Rep. Prospero Amatong for misusing government funds for projects which turned out to be non-existent.

Celebrating 60 years of service to the nation: LANDBANK to beef-up physical, digital services to drive financial inclusion

DBM: Education gets P924.7b in proposed 2024 national budget IN BRIEF

there were eight “fatalities” under what the MIAA described as “Code Black”, which means that a runway or an aerodrome is not usable for other reasons than cloud and/or visibility.

The code means that the runway might be closed for some type of aircraft (i.e. jet aircraft) and remains open for other types (i.e. helicopter).

“A dependable communication and coordination system is essential for a responsive Airport Emergency Plan (AEP). This exercise puts our communication and coordination system to the test, not only among MIAA offices but also with our external partner agencies,” said Co.

Joel E. Zurbano

QC receives biodigesters for waste management STATE-RUN Land Bank of the Philippines (LANDBANK) is marking 60 years of public service with plans to further expand its physical presence in unbanked and underserved communities, while enhancing its digital services to consistently deliver a seamless and exceptional customer experience.

Mayor Joy Belmonte expressed her gratitude as the city received the equipment from First Secretary and Agriculture Attaché of the Embassy of Japan in the Philippines Jumpei Tachikawa and UNDP resident representative in the Philippines

Selva Ramachandran. She also thanked the UNDP and the Department of Environment and Natural Resources for making Quezon City part of this initiative.

“Food waste constitutes 43 percent of the total waste generated in the city so we must establish a robust and effective food waste recovery program. These biodigesters and food waste-onwheels from UNDP and the Japanese Government will help the city attain a low-carbon future,” she said.

Rio N. Araja

WASTE-TO-ENERGY

PLANT.

LANDBANK President and CEO Lynette V. Ortiz said that the Bank will continue to support the National Government’s development agenda by improving access to reliable, relevant, and convenient financial services.

“We are adopting a phygital strategy to cater to our customer’s evolving preferences and demands, with increased investments in expanding our physical touchpoints and beefing-up our digital offerings. LANDBANK is ready to reach and serve a wider customer base, as we continue to bring more Filipinos into the financial mainstream,” said LANDBANK President Ortiz. The only bank operating in all 82 provinces of the country, LANDBANK eyes to establish physical touchpoints in all 1,634 cities and municipalities nationwide to bring banking services closer to Filipinos.

As of 30 June 2023, LANDBANK has 606 branches and branch-lite units, 58 lending centers, 2,951 automated teller machines (ATMs), 226 cash deposit machines (CDMs), and 1,785 Agent Banking Partner POS cash-out terminals.

LANDBANK is currently present in 85.4% or 1,396 cities and municipalities in the country, including the previously unbanked towns of Sallapadan in Abra, Barlig in Mountain Province, Tamparan in Lanao del Sur, Anahawan in Southern Leyte, and Kinoguitan in Misamis Oriental.

In support of the Government’s digitalization push, LANDBANK is also looking to onboard all government offices in its digital platforms to increase operational efficiency, improve the ease of doing business, and enhance meaningful public service delivery.

From January to June 2023, the Bank has onboarded a total of 180 government entities to its Link.BizPortal payment platform, and facilitated across all its digital channels a total of 96.5 million transactions valued at P3.9 trillion.

LANDBANK is also working closely with the Philippine Statistics Authority (PSA) in providing unbanked Philippine Identification System (PhilSys) registrants with their own transaction accounts with no initial deposit.

As of June 2023, the Bank has already onboarded 8.35 million unbanked Filipinos to the formal banking system, allowing for convenient fund management and access to financial transactions such as cash withdrawals, fund transfers, and online bills payments.

LANDBANK has likewise taken significant steps to make digital banking more affordable, which includes recently reducing the transaction fees for online fund transfers to other banks through InstaPay, from P25 to P15.

The Bank has also doubled the total daily amount limit of fund transfers via InstaPay from P50,000.00 to P100,000.00, subject to a maximum amount of P50,000.00 per transaction.

LANDBANK, which was established on 8 August 1963 through Republic Act No. 3844 or the Agricultural Land Reform Code, will celebrate its 60th anniversary on 08 August 2023, representing six decades of uplifting lives, empowering communities, and serving the nation— towards building an inclusive and sustainable economy.

POLL PACT. Commission on Elections (Comelec) chairman George Erwin Garcia and Steven T. Tan, president of SM Supermalls signed a pact on Monday for the Comelec to use SM Manila as a voting center for the upcoming October 30 Barangay and SK Elections. Danny Pata

Photo shows (from left to right) Pagsanjan Laguna Mayor Cesar Areza; Climate Change Commission Commissioner Albert  Dela Cruz Sr.; and Philippine Globe Energy Development Corporation Mike Camacho in the formal opening of the Waste-to-Energy plant in Pagsanjan, Laguna. The plant was established through a public-private partnership initiative. Norman Cruz

OPINION

Need for strong, credible opposition

With Hiroshima, Nagasaki

IN

A democracy like the Philippines, there is a need for assent and dissent.

Otherwise, we can only have tyranny.

The country has gone through upheavals, Santa Banana, when Martial Law was declared and freedom of the press was curtailed!

What I am concerned about is the lack of a strong and credible opposition, and a seemingly timid press.

Yes, we have an opposition voice in the House of Representatives, a minority of senators, but they seem always outvoted by what is called the “super-majority” in Congress, especially with the creation of a “Uniteam” in the House.

What I am concerned about is the lack of a vociferous press which we used to have, my gulay, in past administrations.

President Marcos Jr. is now in his second year of his six-year term.

I would like to say, so far, so good, especially as secretary of agriculture, also in his second year.

And poll surveys from the two most prestigious surveyors, Pulse Asia and the Social Weather Stations, tell us insofar as satisfaction and acceptance ratings are concerned, both President BBM and Vice President Sara Duterte are doing very well at 85 and 86 ratings.

But, just the same,even if BBM and Sara seem to be getting good acceptance and trust by the people, what I as a journalist for over seven decades miss are the strong and credible voices from the opposition.

While there are some criticisms from columnists on the policies of BBM, they appear inconsistent and vacuous.

Personally, as a journalist, I am satisfied with what Marcos Jr. is doing, especially as acting secretary of agriculture, having laid the groundwork for food security at affordable prices.

I also commend BBM for his many trips abroad in making foreign investors aware the Philippines has become an investment destination, and more especially that the economy is sound and improving.

But, honestly, I still would like to have a strong and credible opposition since I believe assent and dissent are integral in a living democracy.

With the use of the Anti-Terrorsim Law against Teves, the Anti-Money Laundering Council has also frozen all the assets of all the accused

WPS at UNGA

There are reports the Senate may finally agree among themselves to elevate the issue of the Philippines with China, continuously bullying the Philippines in disputed waters, especially at the Exclusive Economic Zone, in line with China’s aggressive claim on the whole China Sea, also depriving Filipino fisher folk of their livelihood.

All things considered, elevating the WPS issue to the United Nations General Assembly would make the issue with China an international concern.

At the moment, all we can do is to file hundreds of protests against China, with China continuously ignoring us.

We may shout ourselves hoarse, but if China will do what it wants to do, all we can do is nothing.

Thus, with the WPS issue becoming an international issue with UNGA, there is the possibility that the community of nations at the UN can exert enough pressure on China to stop bullying the Philippines to the detriment of fisherfolk who simply want to pursue their livelihood at the WPS.

That’s not much to ask for, is that?

Yes, there are some Asean nations that sympathize with us since some of them, like Vietnam, also have territorial claims against China at the WPS.

But, I believe there is no substitute in making UNGA aware of our problem with China at the WPS.

Special envoy to China

There have been some suggestions former President Duterte should have special access to China – after Chinese President Xi Jinping invited Duterte for a tete-a-tete, giving Duterte special

CHIBAYISH, Iraq – Mohammed Hamid Nour is only 23, but he is already nostalgic for how Iraq’s Mesopotamian marshes once were before drought dried them up, decimating his herd of water buffaloes.

Even at their center in Chibayish, only a few expanses of the ancient waterways—home to a Marsh Arab culture that goes back millennia— survive, linked by channels that snake through the reeds.

Pull back farther and the water gives way to a parched landscape of bald and cracked earth.

Mohammed has lost three-quarters of his herd to the drought that is now ravaging the marshes for a fourth-consecutive year. It is the worst in 40 years, the United Nations said this week, describing the situation as “alarming”, with “70 percent of the marshes devoid of water”.

“I beg you Allah, have mercy!” Mohammed implored, keffiyah on his head as he contemplated the disaster under the unforgiving blue of a cloudless sky.

The buffaloes of the marshes produce the milk for the thick clotted “geymar” cream Iraqis love to have with honey for breakfast.

As the marshes dry out, the water gets salty until it starts killing the buffaloes. Many of Mohammed’s herd died like this, others he was forced to sell before they too perished.

“If the drought continues and the government doesn’t help us, the others will also die,” said the

access to Beijing – and named with the rank of a special envoy to China. He could also be the personal envoy of BBM to Xi.

Thus, when I read plans to make Duterte a special envoy to China, my reaction, why not, my gulay!

This way, whenever Xi talks with Duterte it will be his duty and obligation to make what they talked about official and made public.

As for Duterte’s personal visit to Beijing, I still believe the former President is duty bound and has the obligation to make public what he and Xi talked about, especially so in connection with China’s incessant bullying of the country at the WPS.

Duterte may now be just a private citizen, but I believe, as a Filipino, he has the duty and obligation to make public what he and Xi talked about.

Last week President Marcos and former President Duterte met in Malacanang which fuelled speculation that BBM wanted to know what Chinese President Xi Jinping and Duterte talked about.

It was a personal visit of Duterte upon the invitation of the Chinese leader.

Surely, while Duterte’s visit was personal, I am sure they did not talk about the weather with so many issues between China and the Philippines.

And certainly, Santa Banana, we cannot expect BBM to make public what he and Duterte talked about!

Blacklisted

The US Embassy in Manila has called attention to a blacklisted government-owned construction company—the China Communications Construction Co. (CCCC) involved in a Manila Bay reclamation project and in fact ready to participate in the construction of a long bridge that would connect Cavite and Bataan provinces along Manila Bay.

The same CCCC met with BBM recently to inform him they were interested in investing in the Philippines.

The CCCC is in fact a state-owned construction firm that constructed those artificial islands in the contested waters which have been made into Chinese outposts by China.

According to the US Embassy, the World Bank and the Asian Development Bank have also blacklisted the CCCC for fraudulent business practices.

It must be noted China’s expansionist claims in the strategic waterways had been rising tensions between China and the Philippines.

The US Embassy is in regular discussions with the government regarding reclamation projects in Manila Bay, citing concerns about the potential long-term and irreversible impacts on the environment and the threats of natural hazards to Manila Bay and nearby areas.

In line with this information by the US Embassy, it would do well for Malacanang to look deeper into the involvement of the blacklisted CCCC in the Manila Bay reclamation projects. And it would do well for BBM to look into other projects of the government, like the National Grid where the Chinese are also involved.

Note that the National Grid is a very vital project insofar as national security is concerned.

Use of Anti-Terrorism Law

The opposition Makabayan bloc in the House of Representative has raised a very important issue in the government’s use, Santa Banana, of the Anti-Terrorism Law against suspended and fugitive Negros Rep. Arnulfo Teves, wanted together with others in the assassination of rival Governor of Negros Oriental Roel Degano by weaponizing the Anti-Terrorisim Law.

With the use of the Anti-Terrorsim Law against Teves, the Anti-Money Laundering Council has also frozen all the assets of all the accused.

The House opposition bloc raised the issue that with the Anti-Terrorsim Law against Teves and the others seemed not only to justify its existence but raising concerns about the ability of the Department of Justice in prosecuting the accused underlying issues on the effective investigation of the case and apprehension of the suspects.

Personally, I am disturbed the DOJ appears to be using the Anti-terrorsim Law against Teves and associates because of the failure of the government to make Teves and associates face the music.

THIS week the world marks the 78th anniversary of the atomic bombings of the cities of Hiroshima and Nagasaki, where at least 214,000 people were killed, when the United States dropped atomic bombs before the end of World War II.

The commemoration coincided with a censure from Japan’s prime minister at Russian threats to use nuclear weapons asJapan marked the anniversary of the atomic bombing on Sunday.

Around 140,000 people died in Hiroshima on August 6, 1945 and 74,000 in Nagasaki three days later – which preceded the surrender of Japan to the Allied troops led by General of the Army Douglas MacArthur.

At a ceremony in Hiroshima, which has since been reconstructed, Prime Minister Fumio Kishida, whose family comes from that city, said “Japan, as the only nation to have suffered atomic bombings in war, will continue efforts towards a nuclear-free world.

“The path towards it is becoming increasingly difficult because of deepening divisions in the international community over nuclear disarmament and Russia’s nuclear threat.

“Given this situation, it is all the more important to bring back international momentum towards realization of a nuclearfree world,” he said.

Kishida is correct and on the right track

Providing effective medical assistance following a single detonation of this size in Hiroshima in 1945 was almost impossible; today it would be even worse

when he said devastation brought to Hiroshima and Nagasaki by nuclear weapons “can never be repeated.” Kishida’s comments echoed those of UN chief Antonio Guterres, who issued a statement on the Hiroshima anniversary, saying “some countries are recklessly rattling the nuclear saber once again, threatening to use these tools of annihilation.”

Refusing to cooperate with ICC

IN 2019, during the tenure of then President Rodrigo Duterte, the Philippines decided to pull out from the Rome Statute, which established the International Criminal Court (ICC).

Earlier, i.e. on March 13, 2018, President Duterte released a statement announcing the withdrawal of the Philippines as a State-Party from the Rome Statute of the ICC.

He claimed that “the very considerations upon which the Philippines agreed to be a signatory to the Rome Statute have not been observed nor complied with.”

Duterte cited the following reasons for withdrawal: violation of his right to due process of law, lack of jurisdiction over his person, the supremacy of domestic laws, presidential immunity from suit, and lack of the requisite publication in the Philippines’ Official Gazette.

A written notification of withdrawal was deposited with the United Nations on March 17, 2018.

This decision came about after the ICC initiated a preliminary investigation into the Duterte administration’s drug war, and, later that year, a formal inquiry was launched.

Following this withdrawal, there were no plans under the administration of Marcos to consider rejoining the ICC.

On the pretext of protecting the country’s sovereignty, Marcos restated the Philippines, having severed its ties with the international tribunal, is not under the jurisdiction of the ICC.

The President stressed the investigation should be conducted by Filipinos.

At first glance, the President’s decision not to cooperate with the ICC may appear to be justified as it is prompted by a sincere desire to defend the country’s sovereignty from outside interference. Reasoning that the ICC prosecutors are discussing Filipinos, and the purported crimes took place within the Philippines, with Filipino victims. So, he questioned why the case would be taken to The Hague, suggesting it should be handled here instead.

The argumentation appeared reasonable and logical on the surface, yet on closer examination, it is specious, to say the least.

What Marcos has conveniently overlooked by his decision not to cooperate with the ICC probe is the undeniable fact that prior to Duterte’s unilateral withdrawal from the Rome Statute, a complaint had been filed while the country was still a party to a treaty.

As such the ICC was not ousted of its jurisdiction by such notice of withdrawal.

The fact that retired prosecutor Fatou Bensouda initiated the preliminary examination in February 2018 prior to Duterte’s withdrawal, the Rome Statute permitted the continuation of that process.

Even the Supreme Court acknowledged in its subsequent ruling that, despite the withdrawal, the Philippines is still bound to fulfill its obligations to cooperate.

This was the SC explicit pronouncement in the case questioning Duterte’s withdrawal from the ICC.

The issue of noncooperation with the ICC is more than a question of sovereignty than the quest for justice for the thousands of victims in the murderous drug war prosecuted by the Duterte government

While the Supreme Court unanimously rejected the legal challenge to President Rodrigo Duterte’s withdrawal from the International Criminal Court, which was investigating killings and alleged human rights violations in the nation, it cited the petition as “moot and academic.”

The court also stated the country’s withdrawal from the ICC’s jurisdiction, governed by the Rome Statute, had been in effect since March 2019, i.e. prior to Duterte’s notice of withdrawal.

As such, the case against Duterte and his cohorts continues despite the withdrawal.

The Supreme Court even said that the Philippines remains obligated to cooperate despite the withdrawal.

And since retired prosecutor Fatou Bensouda initiated the preliminary examination in February 2018 before Duterte’s withdrawal, the Rome Statute permitted the continuation of that proceeding.

In the same decision, the Court made it unmistakably clear that then President Rodrigo

Iraq’s marshes dying, civilization too

young herder, who has no other income. Both the Mesopotamian marshes, and the culture of the Marsh Arabs—or Ma’adan—like Mohammed who live in them, have UNESCO world heritage status. The Ma’adan have hunted and fished there for 5,000 years, building houses from woven reeds on floating reed islands where the Tigris and Euphrates rivers come together before pouring into the Gulf.

Even their beautifully intricate mosques were made of reeds.

But the marshlands have shrunk from 20,000 square kilometres (7,700 square miles) in the early 1990s to 4,000 (1,500 square miles) by latest estimates -- choked by dams on the great rivers upstream in Turkey and Syria and the soaring temperatures of climate change. Only a few thousand of the quarter million Ma’adan who lived in the marshes in the early 1990s remain.

Experts say that Iraq’s management of the waters has not helped.

50 degrees C AFP crisscrossed the central Chibayish marshes at the end of June, where at dawn it was already 35 degrees Centigrade (95 degrees Fahrenheit) before temperatures shot towards 50.

Iraq is one of the five countries most touched

by some effects of climate change, according to the United Nations. Rainfall is rarer and rarer, and in the next 25 years the World Bank said the temperature will go up by an average of 2.5 degrees. Water levels in the central marshlands and the Euphrates which feeds it are “dropping by half a centimeter a day”, said engineer Jassim al-Assadi, of Nature Iraq, the country’s leading conservation group. That will get worse “over the next two months as the temperatures rise and more and more water evaporates,” he added.

To draw water for his remaining buffaloes, Mohammed Hamid Nour takes his canoe out into deeper water, where salt levels are lower. He rolled up his sleeves to fill a water tank on the canoe revealing a tattoo of the Zulfikar, the sword of Imam Ali, one of the founding figures of Shi’ite Islam. He got it for “baraka” or blessing, he smiled. He needs all the help he can get.

Saddam’s bid to kill them

The marshes already almost died once when former dictator Saddam Hussein dried them out so he could hunt down the Shi’ite rebels who had taken refuge there after the failed uprising in the wake of the First Gulf War in 1991.

In a few months, Saddam turned 90 percent of the marshes into a “desert”, Assadi recalled. Most of the Ma’adan fled or “moved elsewhere in Iraq or emigrated to Sweden or the United States”.

But when Saddam was toppled by the American-led invasion in 2003 the ditches he dug to drain the marshes were destroyed, and both the marshes and the Ma’adan returned.

Two decades later, the water level is plummeting again.

“The level of the Euphrates in Iraq is around half of what it was in the 1970s,” said Ali alQuraishi, of Baghdad’s University of Technology.

“In the face of these threats, the global community must speak as one. Any use of nuclear weapons is unacceptable,” Guterres said.

Earlier in May the President of the International Committee of the Red Cross, Mirjana Spoljaric, and the President of the Japanese Red Cross Society, Atsushi Seike, issued a statement ahead of the three-day G7 summit in Hiroshima.

In their statement, which we endorse as well, they said the world must remember the horror wrought by the two atomic bombings of 1945.

For the sake of the survival of humanity, we must indeed free the world of weapons that threaten catastrophic humanitarian consequences and irreversible harm. This requires immediate and decisive action by the entire international community. The risk of use of nuclear weapons is highest since the worst moments of the Cold War, amid heightened political tensions and new steps to expand arsenals. With almost 13,000 nuclear weapons in the arsenals of the nuclear-armed states, many with much more destructive power than the Hiroshima bomb and ready to be launched within minutes, “that dark path would have catastrophic effects on human health, the environment, the climate, food production, and socio-economic development around the globe.” As Mirjana Spoljaric and Atsushi Seike correctly pointed out: “No government or international organization is prepared to deal with such a situation.”

Duterte could not use the Philippines’ withdrawal from the Rome Statute as a means to avoid the investigation by the International Criminal Court prosecutor regarding charges of committing crimes against humanity in relation to the killings during his harsh war on drugs.

This much should have made President Marcos mindful of when he chose not to cooperate with the ICC probe.

“Withdrawing from the Rome Statute does not discharge a state party from the obligations it has incurred as a member,” the court said in a 101-page decision authored by Associate Justice Marvic Leonen.

It is not a matter of sovereignty but more so a matter of honoring its treaty obligations as party to the Rome Statute.

A treaty is binding on the parties and must be executed in good faith.

In fact, the high court ruled in the same decision that as a state party the Philippines was bound to recognize the jurisdiction of the ICC and cooperate with its processes even after its withdrawal from the treaty that created the international court.

Marcos, as president, is now duty bound to respect the court’s decision after it issues a final judgment.

He is obliged to adhere to it, regardless of any strong disagreements.

While Presidents have historically criticized the Supreme Court, they do not possess the power to invalidate or ignore these judgments.

The issue of non-cooperation with the ICC is more than a question of sovereignty than the quest for justice for the thousands of victims in the murderous drug war prosecuted by the Duterte government.

Government data indicates that slightly over 6,000 individuals lost their lives in over 200,000 anti-drug operations.

This is however being disputed by the ICC prosecutors who say the death toll is significantly higher, with estimates ranging from 12,000 to 30,000.

The UN Report on the Human Rights Situation in the Philippines says about 8,663 of the deaths are a result of the conduct of antiillegal drug operations, with estimates triple that amount.

It is a fight against impunity and to ensure that the victims and their families obtain their well-deserved justice.

Dams upstream in Turkey, where the Tigris and the Euphrates have their sources, and others on their tributaries in Syria and Iran, are the “principle” cause, he said.

“The Turks have built more dams to meet the needs of agriculture there. As the population rises, more water is needed for irrigation and domestic use,” the expert added.

Water has always sparked tensions between Iraq and Turkey. With Iraq asking Ankara to release more, the Turkish ambassador to Baghdad, Ali Riza Guney, sparked outrage last July by accusing the Iraqis of “wasting water”.

There is a grain of truth in the Turkish claim, scientists say. Iraq’s water management is far from ideal.

Since the time of the ancient Sumerians, Iraqi farmers have flooded their land to irrigate it, which is considered hugely wasteful.

But now water for agriculture is short, with the authorities drastically reducing arable farming to make sure there is enough drinking water for the country’s 42 million people.

Iraq’s President Abdul Latif Rashid told the BBC last month that the government “has taken significant steps to improve the water management system in talks with neighboring countries”, without going into detail.

Pollution and heavy metals

Meanwhile in the central marshes, there is so little water even canoes get stuck. AFP

Many Marsh Arabs have left for the towns and cities, where they are often treated as pariahs

ROMUALDEZ ADDRESSES AIPA.

Speaker Ferdinand Martin Romualdez delivers his message during the plenary session of the 44th (ASEAN Inter-Parliamentary Assembly (AIPA) general assembly at the Fairmont Hotel in Jakarta Indonesia Monday.

Romualdez stresses that regional solidarity and cooperation are vital in building a more resilient and sustainable ASEAN community. Inset shows the Speaker in discussions with his counterpart, the President of the National Assembly of Vietnam Vuong Dinh Hue, during their bilateral meeting, with Pangasinan Rep. Rachel Arenas and Zamboanga Del Norte Rep. Glona Labadlabad.  Ver Noveno

IN BRIEF

Belmonte raises alarm on rise of leptospirosis

QUEZON City Mayor Joy Belmonte on Monday raised the alarm over rise of leptospirosis incidence in the city, saying at l0 cases are record daily.

She said the city government is doing its best to address the increase in the leptospirosis cases over the past two weeks, and directed the Quezon City Epidemiology and Disease Surveillance Unit (QCESU) to take appropriate actions.

Data from QCESU showed an increasing number of leptospirosis cases in the past two weeks with 26 cases reported from July 22 to Aug. 4. Notably, 10 were recorded on Aug. 1, the highest number of cases in a single day.

To curb the spread of the disease and protect individuals at risk, the use of Doxycycline or antibiotics to treat infections has been distributed in barangay health centers, QCESU chief Dr. Rolando Cruz said.

Early diagnosis is critical to preventing severe complications that could lead to hospitalization, Belmonte said. Rio N.

Araja

SPD chief urges public: Be vigilant vs. crimes

THE Southern Police District has called on the public to remain vigilant and report any information that may help the police in going after the criminals.

SPD director Brig. Gen. Roderick Mariano made the call following the successful rescue of a 10-year old kidnap victim in Las Pinas City.

The operation conducted by the Parañaque City Police on Aug. 5 also resulted in the arrest of the suspect along Tramo Street, Evergreen in Barangay Pulang Lupa Uno. The rescue operation was made only three hours after the incident was reported to the police by a concerned resident.

Prior to this, another 10-year-old victim had been reported missing and was last seen on July 27, 2023. The victim’s mother has sought assistance from the Investigation and Detective Management Section of Paranaque City Police.

The authorities advised the mother to share the suspect’s photograph and the victim’s details on social media platforms.

Joel E Zurbano

Win flags low enrolment in early child education

SENATOR Sherwin Gatchalian on Monday flagged the low enrolment in early childhood education, noting that only 9 percent of children aged two to four are enrolled in the country’s national and local child development centers (CDCs) for school year 2022-2023.

This means only 608,614 of the estimated 6,835,586 children aged two to four are enrolled in the CDCs. Gatchalian, chairman of the Senate Committee on Basic Education, noted that this falls far short of the goal of achieving universal ECCD coverage.

The UNICEF said Early Childhood Education- Kindergarten to Grade 4 Longitudinal Study in 2021 learners who received early childhood education had better average scores in Literacy (697) by Grade 4 compared to those who did not (672). Macon Ramos-Araneta

BI eyes amnesty for overstaying, illegal foreigners

By Vito Barcelo

THE Bureau of Immigration (BI) said it will propose the grant of amnesty to thousands of illegal and overstaying foreigners in the country, including POGO workers, and collect more than P2 billion from penalties and fines from these people.

Immigration deputy commissioner Daniel Laogan said under the planned amnesty program, an illegal alien would have to pay at least P25, 000 for each year he or she overstayed in the country.

In an interview, Laogan said the amnesty program for illegal aliens would encourage foreigners who have been illegally staying in the country for several years to come out, register, regularize their stay and avoid arrest and deportation.

The BI estimated that there are more than 500,000 foreigners illegally living in the country, adding that legalizing these immigrants will benefit the country’s economy in terms of extra revenues.

Speaker vows to raise OFW issues before ASEAN solons

By Maricel V. Cruz

SPEAKER Martin Romualdez has emphasized his commitment to raise critical issues concerning Overseas Filipino Workers (OFWs) in the ASEAN Inter-Parliamentary Assembly (AIPA) scheduled Monday.

“Among the key issues we want to address here include the protection and welfare of our OFWs” Romualdez said in a speech at a Filipino community event in Jakarta, Indonesia late Sunday.

Romualdez stressed that the administration of President Ferdinand Marcos, Jr. was steadfast in ensuring the safety, wellbeing, and protection of OFWs, acknowledging their sacrifices and contributions to the Philippine economy.

“Nagpasya po akong dumalo sa AIPA ngayong taon dahil marami tayong

PCG BEEFS UP RANKS.

The Philippine Coast Guard (PCG) significantly augment its forces with the commissioning of 229 new officers. Photo shows PCG commandant Adm. Artemio Abu presiding at the induction ceremonies at the PCG national headquarters in Port Area, Manila. PCG Photo

kailangang i-discuss sa mga kapwa ko mambabatas mula sa mga bansa sa ASEAN at BIMP-EAGA,” Romualdez said. “Kasama po rito ang mga batas na kailangang ipasa naming lahat para mapalakas ang ating mga ekonomiya. Gusto rin nating makatulong ang mga batas na ipapasa para maging masigla ang mga negosyo at makapagbigay tayo ng mas maraming trabaho sa ating bansa,” he added.

The Speaker recognized the vital role played by the Filipino community in Indonesia, pointing out how well-regarded

Filipinos were in the country as teachers, company executives, business consultants, engineers, accountants, lawyers, and investors.

Romualdez vowed to support them by creating more opportunities in livelihood and investment, with the aim to stimulate the overall economic development of the Philippines, such as initiatives to attract more foreign investments into the country.

Among others, he cited the passage of amendments to the Public Service Act, which relaxed the restrictions on foreign investments in public services.

“Many of you are abroad working for multinational companies. Why don’t we open our economy to these multinational firms so you can have the choice of working for these companies in our country where you can still come home every day to your families” Romualdez said.

Two BuCor officials sacked pending investigation

TWO officials of the Bureau of Corrections (BuCor) have been relieved from their posts pending completion of investigations into alleged anomalies and controversies hounding the country’s penitentiary facilities.

Meanwhile, legislators were of the consensus that the problems besetting the BuCor needed systemic solutions, saying “band aid” remedies done in the past failed to ad -

dress the issues.

In a statement, BuCor chief Gregorio Catapang Jr. said he has relieved Deputy Director General for Administration Gerald Aro and Deputy Director for Operations and head executive assistant Angelina Bautista.

Catapang ordered the officials to be investigated following questions by lawmakers on their behavior during a hearing of the House Committee on Public

Guard in hit-and-run case accepts settlement

ALL’s well that ends well.

The security guard who was a victim of a hit-and-run incident involving a sports utility vehicle (SUV) near a mall in Mandaluyong City last year has agreed to an amicable settlement of the case.

“Nag-settle…And tinanggap naman dahil sabi nga e, kahit dalawang taon siyang hindi magtrabaho bilang security guard, mas malaki pa yung naibigay yata sa kanya na financial assistance,” said lawyer Federico Biolena, counsel of security guard Christian Floralde.

Biolena refused to disclose the settlement amount.

A video that later went viral captured the incident when the SUV, driven by Jose Antonio Sanvicente, ran over Floralde.

Based on the video, prosecutors found probable cause to charge Sanvicente in

court with frustrated homicide, saying there was intent to kill Floralde.

They noted that Sanvicente did not even slow down, stop the care, or change direction after Floralde was pinned by the suspect’s vehicle. Sanvicente eventually pleaded not guilty to the charge. According to Biolena, the settlement led to the dismissal of the frustrated homicide charge against Sanvicente by a Mandaluyong court because his client accepted the defense of the accused.

“It was a necessary consequence… if there is no complainant, how can the case progress? And then yun na nga, tinatanggap naman ni Floralde yung depensa na talagang purely accidental, hindi sinasadya yung pagkasagasa sa kanya kung kaya’t pumayag na siya i-settle,” the lawyer explained.

Order and Safety. Bautista asserted that she is open to an investigation.

“I ask that I be relieved of my position so as not to taint the good name of our Director General,” she said.

The BuCor said Aro was also relieved as the superintendent of the Davao Prison and Penal Farm. His deputy, Rufino Martin, was designated as acting superintendent. Maricel V. Cruz

Laogan said giving them amnesty would also protect them, not just from corrupt immigration personnel, but from abusive law enforcers engaged in protection rackets victimizing illegal aliens.

The BI official said a significant number of foreigners – mostly Chinese, Indians and a few South Koreans – have been illegally staying and working in the country over the years.

“Some of them became undocumented because their passports were cancelled,” he said.

Most of the illegal Indians are engaged in business, while the Chinese seek employment in stores, mining companies and restaurants, he added.

House set to pass New Philippine Building Act

THE House of Representatives is set to pass on third and final reading this week the proposed New Philippine Building Act, replacing the 46-yearold Building Code.

Bulacan Rep. Salvador Pleyto Sr., a former Public Works and Highways undersecretary, said the measure contained in House Bill 8500 is proposed to help the public prepare for a possible catastrophic earthquake, or “The Big One.”

“The enactment of a New Philippine Building Act to replace the antiquated 46-year-old Presidential Decree 1096 is long overdue and will ensure that more precious lives and properties are saved and protected,” said Pleyto, principal author of the measure.

“We have to make our buildings withstand a magnitude 8 earthquake,” Pleyto said, noting that buildings should be “resilient against earthquakes, fire, flood, landslide, storm, volcano and multiple hazards.”

PD 1096 was issued by the late President Ferdinand Marcos Sr. in 1977.

“This law (PD 1096) has to be repealed. We have been using this obsolete law,” Pleyto stressed.

HB 8500 or the proposed “New Philippine Building Act,” promotes building resilience against earthquake, fire, flood, landslide, storm, volcanic eruption, and multiple hazards, as well as regulate the planning, design, construction, occupancy, maintenance, and demolition of buildings in the country. It was passed on second reading last week.

Under the bill, practices and techniques for the efficient use of energy and water become mandatory while designs consider persons with disabilities. Maricel V. Cruz

and accredited by the NGCP as capable of providing Regulating Reserve (RR).

5. NGCP and UPSI may be served with orders, notices, pleadings and other legal processes through their respective counsels at the addresses indicated below. ANTECEDENT FACTS

6. Republic Act No. 9136, also known as the Electric Power Industry Reform Act (“EPIRA”), provides that it is the responsibility of NGCP to ensure and maintain the reliability, adequacy, security, stability and integrity of the nationwide electrical grid in accordance with the performance standards for its operations and maintenance, as set forth in the Philippine Grid Code (“PGC”),3 adopted and promulgated by the Honorable Commission, and to adequately serve generation companies, distribution utilities and suppliers requiring transmission service and/or ancillary services (“AS” or “Ancillary Services”)4 through the transmission system.5

7. Similarly, the PGC provides that NGCP is responsible for determining, acquiring, and dispatching the capacity needed to supply the required Grid AS and for developing and proposing Wheeling Charges and AS tariffs of the ERC.6

8. Ancillary Services is defined in Section 4 (b) ofthe EPIRA as referring “to those services that are necessary to support the transmission of capacity and energy from resources to loads while maintaining reliable operation of the transmission system in accordance with good utility practice and the Grid Code to be adopted in accordance with this Act.” These services are essential in ensuring reliability in the operation of the transmission system and consequently, in the reliability of the electricity supply in the Luzon, Visayas and Mindanao grids.

9. In order to implement and regulate the procurement of AS, the Honorable Commission approved the Ancillary Services Procurement Plan (“ASPP”)

Commission must first approve the ASPA before the same can be implemented.

33. As the demand for power in Luzon increases, the requirements of the system likewise increases. Ensuring the integrity of the system is essential to protect the interests of the public. The absence of system reliability and stability will certainly discourage investments and growth.

34. Applicants respectfully submit that the immediate approval of the ASPA by this Honorable Commission is a necessity to maintain the present reliability and security of the Grid. In support of these allegations. NGCP submits a copy of the Judicial Affidavit of Ms. Lisaflor B. Kater,22 which is attached to this Application. PRAYER WHEREFORE, premises considered, Applicants respectfully pray that the Honorable Commission:

1. Immediately ISSUE a provisional authority to implement the subject ASPA executed on 02 May 2023; and

2. APPROVE, after notice and hearing, the subject ASPA.

3. ISSUE an Order treating the Computation of True Cost of Generation23 and the Summary of computed Consumer Price Index for Variable Operation and Maintenance (VOM) Cost24 as confidential information pursuant to Section 1, Rule 4 of the ERC Rules of Practice and Procedure and prescribing the guidelines for

WORLD

After heatwave, typhoon compels

Sokor to evacuate scout jamboree

SEOUL—Organizers of the World Scout Jamboree asked host South Korea Monday to “urgently” evacuate tens of thousands of children from their campsite ahead of a typhoon, just days after a heatwave caused mass scout illnesses.

Typhoon Khanun, which killed at least two people in Japan, is due to make landfall in South Korea on Thursday, near where some 43,000 scouts have been camping in North Joella province for their problem-plagued jamboree.

Korean media have called the jamboree “a national disgrace” after an extreme heatwave caused hundreds of scouts to fall ill, and prompted American and British scout groups to withdraw as criticism grew over conditions at the campsite.

Organizers had insisted the event would continue but on Monday the World Organization of the Scout Movement said Seoul had told them that “due to the expected impact of Typhoon Khanun, an early departure will be planned for all participants.”

“We urgently call on the Government to expedite the plan for departure and provide all neces-

sary resources and support for participants during their stay and until they return to their home countries,” it said in a statement.

Some 36,000 participants from 156 countries will begin evacuating from the campsite at 10 am (9 am in Manila) Tuesday, Vice Minister for Disaster and Safety Management Kim Sungho said on Monday.

South Korea’s weather agency said Typhoon Khanun is forecast to bring heavy rain and strong winds across the Korean peninsula, including winds with a maximum speed of up to 44 meters per second—powerful enough to derail a moving train.

The jamboree was scheduled to run until August 12. South Korea’s presidential office has suggested that its contingency plan is for the tens of thousands of young people to be relocated to Seoul for the rest of their stay. AFP

EARLY DEPARTURE. British scouts arrive at a hotel in Seoul during the weekend, after leaving the World Scout Jamboree in Buan, North Jeolla province. American and British scouts pulled out of the World Scout Jamboree in South Korea, citing scorching temperatures, as organizers weighed whether to cut short an event also reportedly plagued by dire campsite conditions. AFP

Typhoon forces Japan atomic bomb commemorations inside

TOKYO—Typhoon Khanun was on course Monday to dump prolonged, heavy rain on one of Japan’s main islands this week, forecasters said, forcing commemorations of the Nagasaki atomic bombing to be held inside.

The typhoon last week reportedly killed at least two people, injured more than 100 and cut off power for several hundred thousand people in the southern Okinawa region before barreling towards Taiwan.

The weather system has since swung back to the Okinawa area and was expected to rumble northwards to the west of Kyushu on Tuesday and Wednesday before veering towards South

Korea, the Japan Meteorological Agency said in a televised press briefing.

The typhoon “could bring significant rainfall in wide regions,” an agency official told the briefing, adding that “heavy rainfall will increase the risk of disasters.”

The storm forced Nagasaki, one of the main cities on Kyushu, to scale down its annual commemoration ceremony of the 1945 bombing scheduled for Wednesday.

The ceremony is traditionally held outdoors at the city’s Peace Park and is attended by government ministers, officials and thousands of guests including survivors of the bombing. AFP

Cambodian king appoints Hun Sen’s son new PM, ending nearly 4 decades rule

PHNOM Penh, Cambodia—Cambodia’s king appointed Hun Sen’s son the country’s new leader Monday, beginning a handover of power that ends nearly four decades of rule, but the outgoing premier promised this was “not the end” of his political career.

King Norodom Sihamoni issued a royal decree appointing Hun Manet as prime minister, after Hun Sen had announced last month that he was stepping down and handing power to his eldest son.

Hun Sen—one of the world’s longest-serving leaders—made the announcement days after a landslide victory in July polls that were widely decried as a sham, after main challenger the Candlelight Party was barred from participating.

To officially assume the post, 45-year-old Hun Manet and his cabinet must win an August 22 vote in parliament, where his father’s Cambodian People’s Party has all but five of 125 seats in the lower house.

Hun Sen has for years pursued a ruthless campaign against any opposition, banning parties and forcing adversaries to flee abroad.

While insisting he would not interfere with his son’s rule, Hun Sen promised on Monday he would continue to play a prominent political role.

“It is not the end yet,” he said, adding he would continue serving in other positions until at least 2033.

After stepping down, Hun Sen has said he will become president of the Senate early next year, making him acting head of state when the king is overseas. AFP

Stocks rise, peso tumbles on oil price surge

By Jenniffer

B. Austria and Julito G.

Rada

LOCAL stocks rebounded Monday, but the Philippine peso tumbled to a two-month low as global crude prices continued to rise.

The Philippine Stock Exchange index, the 30-company benchmark, rose 56.94 points, or 0.88 percent, to close at 6,507.78, while the broader allshares index rose 26.31 points to settle at 3,473.92.

Philstocks Financial Inc. research analyst Claire Alviar said despite the market’s advance, value turnover remained thin as investors remained cautious over upward risks to inflation rate.

PSEi August 7, 2023

TOP GAINERS

Alviar said investors were also waiting for the release of second-quarter gross domestic product data later this week.

The peso shed P0.28 to close at 56.02 against the greenback Monday from 55.74 on Friday. It was the local currency’s lowest level since it finished at 56.05 on June 9, 2023. Total volume turnover reached $973.75 million, down from $1.138 billion previously.

Michael Ricafort, chief economist of Rizal Commercial Banking Corp., said in an emailed response to Manila Standard the local currency’s weakness could be attributed to the surging global crude oil prices that posted new 3.5-month highs, thereby leading to some pickup in local fuel pump prices and overall inflation. Ricafort said this led to “higher import bill and wider trade deficit for the country.”

“The peso also weakened after recent signals on being careful of not hiking local policy rates too much to avoid slowing economic/GDP growth, as well as some net foreign selling in the local stock market recently,” Ricafort said.

He said the markets were still anticipating the seasonal increase in importation activities in the third quarter after the tail-end of the seasonal increase in OFW remittances and conversion to pesos for tuition payments and other related expenses in preparation for the start of the new school year.

Economists from First Metro Investment Corp. and University of Asia & the Pacific said in their joint report titled The Market Call for the month of July that a peso depreciation was expected in the third quarter.

“With the economy’s large trade deficits still in place and the BSP’s pause compared to Fed’s 25 bps policy rate increase, and the recent [mid-July] recovery

TOP LOSERS

MOST ACTIVE

Siemens Energy logs record loss on wind turbine tech trouble

FRANKFURT, Germany—Siemens

Energy reported a record third-quarter net loss Monday after taking a 1.6-billion euro ($1.7 billion) hit to fix technical problems with its onshore wind turbines.

The group had warned in June that quality issues at its troubled Siemens Gamesa wind unit were worse than previously thought, sending its share plunging more than 30 percent.

After initially estimating the repair cost at more than a billion euros, Siemens Energy announced a 1.6-billion-euro charge to resolve the issues affecting “certain rotor blades and main bearings in the 4.X and 5.X platforms”. The charge weighed heavily on the company’s overall performance in its fiscal third quarter, which slumped to a net loss of 2.9 billion euros compared with a loss of 564 million euros over the same period a year earlier.

The result was also dragged lower by extra charges of 600 million euros in its offshore wind business, which has been hit by “higher product costs” and difficulties ramping up capacity.

Siemens Energy said it was “additionally burdened” by a 700-millioneuro write-down of deferred tax assets during the quarter.

Looking ahead, the group now expects a significantly larger full-year net loss of 4.5 billion euros, following a 712-million-euro loss the previous year. AFP

RETAIL STATION. Gas station signboards display prices in Bethesda, Maryland on August 6, 2023. The American Automobile Association’s average price for a gallon of regular gasoline is $3.829, up from $3.331 on January 2, 2023. This increase could have an impact on the latest Consumer Price Index, scheduled for release on August 10. AFP

Indonesia economy grows faster than expected in Q2

JAKARTA, Indonesia—Indonesia’s economic growth accelerated faster than expected in the second quarter of the year, official data showed Monday, the strongest rate in three quarters despite lagging exports.

Southeast Asia’s largest economy grew 5.17 percent on-year between April and June, according to Statistics Indonesia, beating analysts’ expectations.

The continued growth was driven by household spending, foreign and domestic investment and increased government spending, Statistics Indonesia official Edy Mahmud told reporters.

“During the second quarter of 2023, Indonesia’s economic performance was supported by the increase of peo-

ple’s mobility and religious holidays that drive up people’s consumption and production activities,” Mahmud said.

He emphasized the resilience of Indonesia’s economy emerging from the Covid-19 pandemic despite exports contracting for the first time since the last quarter of 2020, owing in part to declining palm oil prices. Exports fell 2.75 percent compared to the same quarter last year, figures showed.

Indonesia posted growth last year of 5.3 percent—the highest for nine years—on the back of soaring export prices and the lifting travel restrictions.

Jakarta is targeting the same figure

again this year. But analysts expect a slowdown in the coming months as record global commodity prices stoked by the Ukraine war start to ease.

“Lower commodity prices and weaker global demand weighed heavily on exports last quarter,” said Gareth Leather, senior Asia economist at Capital Economics.

“Our forecast that global growth will struggle and that commodity prices will remain subdued suggests that exports will stay weak.”

Leather predicted Indonesia’s quarterly growth would fall to around 4.5 percent in the coming months while official figures indicate it will remain at around five percent. AFP

New York drives toward first congestion charge in US

NEW YORK, United States—New York wants to introduce car-loving America’s first congestion charge, but the move faces fierce opposition—including from the city’s famous yellow taxis.

The plan, similar to pricing long in place in London and Singapore, aims to improve air quality in the Big Apple by easing Manhattan’s traffic-choked streets.

“I don’t know that I could survive, paying the mortgage, supporting a family,” the 55-year-old, who moved to the United States from Myanmar in 1987, told AFP.

The New York Taxi Workers Alliance, a union representing 21,000 cabbies, estimates the levy could see drivers lose $8,000 a year in income.

Members have taken to the streets in recent weeks to demand they be exempted from the toll.

The union’s president, Bhairavi Desai, said the charge could sound the death knell for some drivers already hammered in recent years by a surge of Uber drivers and the pandemic.

“There are only so many ashes that the phoenix can rise out of,” she told AFP. Carbon emissions

Officials have proposed discounts to appease low-income New Yorkers.

Some 700,000 vehicles enter the proposed pricing area every day, with cars traveling just seven miles per hour on average due to gridlock, officials say.

of the US dollar, we expect renewed peso weakness for the rest of Q3,” they said.

The interagency Development Budget Coordinating Committee made a peso-dollar exchange rate assumption of 54 to 57 in 2023 and 53 to 57 in the medium term.

Meanwhile, Asian equities were mixed Monday following a US jobs report that left investors weighing the chances of another Federal Reserve interest rate hike.

Global markets endured a volatile time last week, with traders spooked by a range of issues including a US rating downgrade, rising Treasury yields and a lack of concrete measures to boost Chinese growth. With AFP

Musk, Zuckerberg ‘caged fight’ to be streamed live on X

WASHINGTON, United States— Elon Musk said Sunday that a “cage match” he and Meta CEO Mark Zuckerberg have seemingly agreed to as a fund-raiser will be carried live on X, formerly known as Twitter, which he owns.

“Zuck v Musk fight will be livestreamed on X,” Musk posted. “All proceeds will go to charity for veterans.”

Zuckerberg soon hit back on Threads, the new app he launched last month in a direct challenge to what was then still called Twitter, saying he was ready.

“Shouldn’t we use a more reliable platform that can actually raise money for charity?” he added, in a dig at the wave of problems faced by Musk’s platform since he took over last year.

The two billionaire entrepreneurs, who in the past have occasionally jousted from afar, became direct competitors after Zuckerberg’s Meta launched its Twitter-like Threads platform in early July, quickly drawing 120 million users, according to Quiver Quantitative.

Musk then posted on X, “I’m up for a cage match if he is lol,” referring to a form of Mixed Martial Arts in which rival fighters employ a variety of techniques—like wrestling or Brazilian jiu-jitsu—while limited by few rules.

Zuckerberg, a martial arts enthusiast who has taken part in jiu-jitsu competitions, responded to Musk’s initial, seemingly humorous, challenge by replying on Instagram “Send me location.”

The exchange sparked a torrent of reactions on social media, as well as prompting a lively round of betting on the potential winner.

The 39-year-old Zuckerberg, with his fighting experience, emerged as the clear favorite despite the decided size advantage of Musk, who is 52.

No date has been set for the fight, which—if it does happen—is expected to take place in Las Vegas.

The two tech giants have clashed over the years on issues ranging from politics to artificial intelligence.

But the arrival of Threads heightened the pressure on the already troubled Twitter, which Musk rebranded to X last month.

Musk bought that social network for $44 billion before announcing massive layoffs and opening the platform up to conspiracyminded posters, leading several advertisers to turn elsewhere.AFP

It also seeks to raise much-needed revenue to upgrade a creaking subway system that is used by around four million New Yorkers every day.

The scheme, slated to start next year, is being challenged in court, highlighting the difficulty of levying drivers in a country where car is king.

Officials insist the toll will help the environment by reducing pollution, and make the city that never sleeps more efficient by speeding up travel times.

“Congestion pricing is a generational opportunity,” said John McCarthy, a spokesman for New York’s Metropolitan Transportation Authority (MTA). The plan would charge drivers for venturing below 60th Street in Manhattan, an area that encompasses the business districts of Midtown and Wall Street.

The MTA has not yet set rates, but is considering charging $23 during rush hour and $17 for off-peak times.

Taxi driver Wein Chin worries that the charge, which cabbies would pass on to customers, will mean fewer fares.

He earns around $300 to $400 a week and is already struggling to pay off a $170,000 loan he owes for his taxi permit.

The scheme aims to lessen traffic by ten percent daily, thereby reducing carbon dioxide emissions.

Officials cite studies showing that central London saw a 20 percent fall in CO2 emissions after it introduced its charge in 2003.

“We know vehicle pollution is a major contributor to the climate crisis that harms both our planet and our health,” said Tim Donaghy of Greenpeace.

“Shifting away from cars and towards more public transit is a step in the right direction, and can create healthier more peoplecentric cities.”

New York’s plan has been years in the making. Michael Bloomberg proposed a toll in 2007 when he was mayor, but it wasn’t until 2019 that lawmakers finally reached agreement. AFP

BUSINESS

R&I revises PH credit outlook to ‘positive’

By Julito G. Rada

Japan-based debt watcher Rating and Investment Information Inc. affirmed the Philippines’ investorgrade credit rating at “BBB+” but revised its outlook to positive from stable, citing the country’s robust macroeconomic fundamentals, improving fiscal position, sound banking system, comfortable external payments position and stable political environment.

Finance Secretary Benjamin Diokno said Monday R&I’s improved outlook on the Philippines brought it closer to its goal of an “A” investment-grade rating within the term of President Ferdinand Marcos Jr.

IN BRIEF

PEZA investments soared

332% to P97b in 7 months

INVESTMENTS pledges received by the Philippine Economic Zone Authority soared 332 percent in the first seven month of 2023 to P97.16 billion from P22.48 billion in the same period in 2022.

PEZA director-general Tereso Panga said the new investments were projected to yield $747 million in exports and generate 18,407 new jobs.

“Among the bright prospects for the Philippines and the ecozones include our 6 to 7 percent GDP growth target, our ascension to RCEP [Regional Comprehensive Economic Partnereship] and other FTAs [free trade agreements], the 5 to 15 percent annual growth target by the industries, the Marcos administration’s efforts to increase our credit rating and our aggressive investment promotions,” he said.

Data showed that in July, investments from 15 new and expansion projects amounted to P16.57 billion with projected export values of $419.5 million and employment opportunities of 2,983 jobs.

Panga said PEZA was counting on the Office of the President to approve new and expanding economic zones. The OP approved on July 25 three new economic zone projects with combined investments of P750.38 million.

“We remain committed in our overarching goal of spurring countryside development through the creation of more ecozones seen to facilitate growth and development of our regions and attract new and strategic investments in the country,” Panga said. Othel V. Campos

PSBank’s first-half income rose to P2.17b

PSBANK, the thrift banking arm of the Metrobank Group, posted an 18-percent increase in first-half net income to P2.17 billion from P1.84 billion in the same period last year.

PSBank president Jose Vicente Alde said the bank benefitted from the continued expansion of the economy and the sustained growth in consumer demand through its recalibrated strategies and focus on enhanced customer experience.

“We are hopeful, despite the external headwinds, that this can be sustained for the rest of the year,” Alde said.

The first-half performance translated into a higher return on equity of 11.4 percent from 10.4 percent a year earlier.

The continuing uptrend in the bank’s consumer loan releases, improvement in credit quality and gains realized from productivity and efficiency initiatives further strengthened the bank’s platform for sustainable earnings in the post-pandemic era. Julito G. Rada

“We are firmly on track to our ‘Road to A’ and remain committed to further improving the country’s investment climate through structural reforms to enhance the quality and pace of infrastructure development,” Diokno said.

A “BBB+” rating is two ranks higher than the minimum investment grade and a notch below the ‘A-’ rating.

A positive outlook indicates the possibility of a rating upgrade once performance indicators such as the economic growth sought under the Philippine Development Plan 2023-2028, stable macroeconomic conditions and improving trend of fiscal position have been confirmed.

Diokno said the government is steadfast in its commitment to fiscal consolidation through the first Medium-Term Fiscal Framework which will help bring down the debt-to-GDP ratio to less than 60 percent by 2025, cut the deficit-toGDP ratio to 3.0 percent by 2028 and maintain infrastructure spending at 5 to 6 percent of GDP.

This will be implemented alongside the strategies outlined in the PDP 20232028 to reinvigorate job creation and accelerate poverty reduction by steering the economy back on a high-growth path.

Moody’s Analytics said the Philippine economy performed well amid the volatile global landscape, citing its decelerating inflation rate and strong private consumption and investments.

R&I also noted that the country’s strong gross domestic product performance in 2022 of 7.6 percent―a 46year high.

The Philippine economy grew by 6.4 percent in the first quarter of 2023, making it the fastest-growing economy among R&I-rated peers such as Indo-

SM Prime’s profit jumped 48% to P10b in 2nd quarter

By Jenniffer B. Austria

SM PRIME Holdings Inc., one of the leading integrated property developers in Southeast Asia, said Monday net income grew 49 percent in the second quarter to P10 billon from P6.7 billion in the same period last year on the back of strong mall and residential revenues.

SMPH said in a disclosure to the stock exchange second-quarter consolidated revenues jumped 39 percent to P31.2 billion from P22.5 billion a year earlier.

Domestic mall revenues surged 30 percent in the second quarter to P16.1 billion from P12.4 billion, while residential sales, led by SM Development Corp., also grew 82 percent year-onyear to P9.9 billion.

The positive second-quarter results led first-half net income to increase 38 percent to P19.4 billion from P14.1 billion.

First-half consolidated revenues were up 29 percent to P59.9 billion.

Consolidated operating income climbed 36 percent to P29 billion in the first six months from a year ago.

“The strong performance of SM Prime’s main business units in the first half of 2023, led by its malls and primary residences, amplifies its commitment to be a driver of growth in the local property industry. We will continue to be strategic in expanding our footprints and operations across different localities where we can continue to be partners for growth and progress,” said SM Prime president

Jeffrey Lim. SMDC’s reservation sales in the first half reached P68.5 billion, a 15-percent increase from last year’s P59.4 billion. This translated into a 17-percent growth in unit sales in the first six months.

SMPH attributed the increase in reservation sales to improving market condition which boosted local and overseas Filipino buyers capacity to invest residential projects.

“We are optimistic about the company’s full-year 2023 results given the improving market condition. SM Prime will also continue to look for new and sustainable ways of reaching our customers and provide them unparalleled experience and value in our developments,” Lim said.

PSE INDEX CLOSING

nesia and Mexico. This performance is within the government’s growth target of 6 percent to 7 percent for 2023.

The debt watcher said it does not view the country’s current account deficit in a negative light due to the government’s aggressive infrastructure spending that will redound to economic growth.

R&I also took note of the country’s steady inflows from overseas Filipino remittances, foreign direct investments and sufficient foreign reserves. Countries that have been granted investment-grade ratings can access funding from development partners as well as international debt capital markets at lower costs due to its lower credit risk factor.

By Darwin G. Amojelar

MPCALA Holdings Inc. said Monday

it expects to open to motorists the Silang (Aguinaldo) Interchange of the Cavite Laguna Expressway by September this year.

The company said Subsection 4 or the Silang (Aguinaldo) segment was 91-percent completed “Ongoing construction activities include the development of the toll plaza, concrete pouring for the main line and median barriers, as well as various finishing works. In the upcoming phases, the focus will be on the construction of toll facilities, including road lights, signages, and sound barriers,” MPCALA said.

MORE opens registration for

lifeline

power subsidy

MORE Electric and Power Corp. opened onsite registration in barangays to process applications of customers qualified for lifeline rate subsidy under the Electric Power Industry Reform Act to reach more Pantawid Pamilyang Pilipino Program members and marginalized sectors.

MORE Power president and chief executive Roel Castro said they would get in touch directly with the groups concerned so more qualified customers could avail of the program.

“In addition to accepting applications in our office, we also deploy personnel to barangays for on-site registration,” Castro said.

MORE Power said it received 1,519 applications from 42 barangays as of Aug. 2.

The power retailer in Iloilo advised its customers to visit their official Facebook page for the exact date and venue of barangay onsite registration. The Department of Energy extended the full rollout of the subsidy application until September due to low application turnout.

Castro urged eligible applicants to take advantage of the subsidy program as MORE Power brought the application closer to customers. Alena Mae S. Flores

Moody’s Analytics predicts slower PH economic growth in Q2

MOODY’S Analytics, a research agency which operates independently of Moody’s Investors Service, said Monday the Philippine economy likely slowed in the second quarter from the previous period.

“We expect Philippine GDP to grow 6 percent year-on-year, slowing from the 6.4 percent pace in the first quarter,” it said in its Asia-Pacific Economic Preview for the week.

“Easing inflation and a tight labor market will power household consumption,” it said.

Data from the Philippine Statistics Authority showed the GDP grew by 6.4 percent in the first quarter, one of the

fastest in the Asian region, despite the elevated inflation that impacted consumer spending.

The PSA will release the secondquarter GDP report Thursday.

Inflation peaked at 8.7 percent in January 2023 but eased in the succeeding months. Latest data showed it softened to a 16-month low of 4.7 percent in July.

The International Monetary Fund earlier raised its 2023 growth forecast for the Philippines to 6.2 from 6 percent in April 2023. The projection falls within the 6 percent to 7 percent growth forecast announced by the interagency Development Budget Coordinating Com-

mittee. The IMF revised downward its 2024 growth forecast to 5.5 percent from 5.8 percent because of global headwinds and lagged effects of policy tightening.

Data showed the economy grew by a 46-year high of 7.6 percent in 2022 on the back of reinvigorated economic activity due to the reopening of the economy to greater normalcy.

The government earlier maintained its growth assumption of 6.5 to 8 percent for 2024 to 2028, taking into account the risks posed by El Nino and other natural disasters, global trade tensions, value chain disruptions and other factors. Julito G. Rada

Preparations for the toll collection system are also underway, it said. Once completed, CALAX will connect to the busiest highway in Cavite― the Aguinaldo Highway―and help decongest major thoroughfares in the province and Laguna. The interchange will serve more motorists, including the 298,000 Silang residents, given the reduced congestion.

CALAX will expand to 45 kilometers and connect to Manila-Cavite Expressway in Kawit. Its operational segments stretch from Mamplasan in Binan, with interchanges at Laguna Technopark, Laguna Boulevard, Santa Rosa-Tagaytay Road up to Silang East Interchange.

MPCALA is a subsidiary of Metro Pacific Tollways Corp., the toll road development arm of Metro Pacific Investments Corp.

MPTC is the biggest toll road developer and operator in the Philippines. Aside from CALAX and CAVITEX, it also holds the concession rights for North Luzon Expressway, NLEX Connector Road, Subic-Clark-Tarlac Expressway and Cebu-Cordova Link Expressway in Cebu.

Semirara Mining posted 26% decline in six-month net earnings to P19.2b

By Alena Mae S. Flores

SEMIRARA Mining and Power Corp. said Monday earnings dropped 26 percent in the first six months to P19.2 billion from P25.8 billion in the same period last year on high base effect and normalizing coal indices. SMPC said in a disclosure to the Philippine Stock Exchange net income reached P10.2 billion in the second quarter, down 5 percent from a record high of P10.8 billion in the same period last year.

“Even with lower coal prices, we delivered our second-best first-half results because of China demand recovery and the improved performance of Sem-Calaca Power Corporation [SCPC] Unit 2,” said SMPC president and chief operating officer Maria Cristina Gotianun.

SMPC said it delivered robust financial results because of higher coal shipments, improved plant availability and increased electricity sales at elevated prices despite significant corrections in global coal index prices and the impact of high base effect.

BPI

BIZTALK.

Bank of the Philippine Islands teams up with Taxumo, the country’s leading end-to-end online tax assistance platform, to host a series of free BizTalk learning sessions about taxation across its different branches in the Philippines to help Filipino small and medium enterprises grow their businesses. BPI started BizTalk on Aug. 1 in Davao before heading to Alabang, Pasig, Las Pinas, Iloilo and Baguio within the month. These BizTalk sessions are part of BPI’s nationwide Ka-Negosyo Festival celebrations happening until Aug. 31, 2023.

MERALCO

CONTINGENT.

Manila Electric Company welcomes home on Aug. 5, 2023 its 44-man contingent who helped restore electricity service in Ilocos Norte following the onslaught of Super Typhoon Egay (international name: Doksuri). The contingent, which includes 32 engineers and line crew as well as representatives of the One Meralco Foundation, conducted clearing operations and power restoration activities in Ilocos Norte for a week to help families severely affected by the typhoon. Meralco, through OMF, also donated more than 1,000 relief packs to provide immediate and necessary relief to families in the devastated areas.

Cavitex marches to PBA 3x3 KO stage

CAVITEX bolstered its bid for a third straight championship in the PBA 3x3 First Conference after marching outright to the knockout stage of Leg 6 Monday at the Ayala Malls Trinoma.

The Braves just needed to beat Blackwater Smooth Razor, 17-13, to advance in the quarterfinals and keep on track of winning a leg title for the third consecutive time.

Jorey Napoles topscored for seven points and Bong Galanza had five for Cavitex, which booked one of the quarterfinals ticket in Pool A.

TNT Triple Giga clinched the other berth in the same group behind a 21-16 victory over Blackwater, which officially bowed out of the quarterfinals running after two straight losses.

Yulo’s youngest sibling selects US training over stint in Palaro

By Randy Caluag

GYMNASTICS enthusiasts noticed the absence of Elaiza Andriel Yulo, the youngest of the popular Yulo siblings, in the 2023 Palarong Pambansa.

In turned out the 13-year-old Elaiza, also known as Yza, withdrew from the national games as she took the opportunity of training at GAGE under Olympic coach Al Fong in Kansas, Missouri, U.S.A.

The Yulo siblings are becoming a force to reckon with in gymnastics with Carlos Yulo hitting it big on the world stage and younger brother Karl Eldrew Yulo starting to create a

Taguig City pays tribute to Filipinas

By Joel E. Zurbano

THE Taguig City government paid tribute to the Philippine Women’s National Football Team after its fruitful campaign in the recent FIFA Women’s World Cup.

Mayor Laarni Cayetano said the local government initiated the motorcade and meet-and-greet events to honor the remarkable achievements and determination of Filipinas.

“This year marks many significant milestones for Filipinas, the Philippines women’s national football team, as they made their debut on FIFA Women’s World Cup. When Sarina Bolden scored a header goal on July 25, 2023 vs New Zealand, Filipinas forever etched their name on HERstory. It secured the country’s first goal and first win on the prestigious World Cup,” said Cayetano.

“We are one with the entire country in celebrating this remarkable feat. We are beyond proud of their achievements and are looking forward to what’s in store in the future for these trailblazers in women’s sports,” she added.

Amidst the exuberant cheers and resounding applause of football enthusiasts and supporters, the motorcade went around BGC and made its way to High Street and Uptown.

The athletes graciously shared their team jerseys with people waiting for them during their stroll through the streets.

Culminating at the Ayala Malls Market!Market! Central Plaza, Filipinas were welcomed by Mayor Cayetano, Vice Mayor Arvin Alit, and members of the City Council before the short program and press conference.

Filipinas Team Defender, Sofia Harrison, radiated inspiration as she shared an advice for aspiring young players: “Keep dreaming. Keep believing. Trust the process and trust God. And most importantly, have fun with it.”

name for himself.

Eldrew recently hogged the spotlight when he dominated the gymnastics’ competition with a six-gold medal haul in the recent Palarong Pambansa in Marikina City.

But there’s also one Yulo gymnast, who could have been a big hit in the Palaro, a yearly sports competition for elementary and high school students, organized the Department of

Education—Elaiza.

Gymnastics Association of the Philippines president Cynthia Carrion said Yulo and another girl gymnast in Tshelzy Mey Maayo are currently in the US for a month-long training.

Carrion said Alpha Gymnastics of the Philippines sponsored the US trip of the two young prospects to study and train in one of the best gymnastics’ schools for rhythmic events.

Elaiza’s most colorful stint outside of the country was in the 2022 JRC Artistic Gymnastics Stars Championships in Bangkok, Thailand, where she finished with four gold medals. She dominated the individual all-around, vault, uneven bars, and floor exercise.

The Braves and Triple Giga, champion of Leg 3, are battling for the no. 1 seed as of press time heading to the knockout stage set on Tuesday.

Also advancing to the next round were Wilcon Depot and Barangay Ginebra, which both secured two victories in the opening day of pool play.

Wilcon turned back Pioneer (18-11) and Meralco (19-15) to take the top spot in Pool B.

The Kings, back-to-back champions in Legs 1 and 2, on the other hand, downed San Miguel (21-12), and Terrafirma (2115) for the no. 1 slot in Pool C.

Four quarterfinal berths are still being contested by Meralco, Purefoods, and Pioneer in Pool B, and Northport, Terrafirma, and San Miguel in Pool C. Meralco, Purefoods, Northport, and Terrafirma all sport identical records of 1-1, while San Miguel and Pioneer, runner-up finisher to Cavitex in Leg 5 last week, are in danger of missing the cut with their 0-2 slates.

Only the top eight teams will make it to the quarterfinals of the final leg this conference prior to the Season 3 grand finale set August 13 at the Ayala Malls Market! Market!

Leg 6 champion is set to receive P100,000, runner-up P50,000, and third placer P30,000.

Higher outlay for sports in ‘24 PH budget pushed

By Maricel V. Cruz

THE Philippine Sports Commission stands to receive a higher allocation in 2024 as several lawmakers were apalled by the drastic cuts made on its proposed budget that left it with a mere P210.44 million in the National Expenditure Program that was submitted to the House of Representatives.

From a budget of P2.31 billion in 2023, the PSC was given P210.44 million in the proposed 2024 national government budget, almost one-tenth of this year’s allocation.

The PSC funds sports programs and trainings for

national athletes.

“We found out that the budget for the PSC was slashed so we’ll try to push it to get more,” said Leyte Rep. Richard Gomez, a former fencer who represented the Philippines in several international games.

“The government is trying its best to give the support that it can, considering the limited budget that we have, we’re trying to support all our athletes,” Gomez added.

Gomez, however, did not reveal the amount that he wants to add to the proposed PSC budget but said it will be substantial.

Japan assumes role as World Cup favorite

SYDNEY—Japan has flown in under the radar to become the team to beat, along with England, at the Women’s World Cup and boasting the tournament’s leading scorer in Hinata Miyazawa.

The United States, the holders, and a European contingent led by continental champions England were touted as title contenders going into the World Cup.

Nobody was talking about Futoshi Ikeda’s Japan, who are ranked 11th in the world by FIFA.

Even back home, expectations that they could pull off a repeat of their 2011 World Cup triumph were low.

“I think we were left behind by the sudden strides that the rest of the world were making,” former Japan coach Asako Takakura, who led the team at the 2019 World Cup, told AFP ahead of the 2023 edition.

Japan went out in the last 16 in 2019 but are already into the quarter-finals four years later. They won all three of their group games—a record matched only by Sweden and England—scoring 11 times and not conceding.

Wins over Costa Rica and Zambia were expected, but it was the 4-0 thrashing of Spain which made the rest of the tournament sit up and take notice.

They followed that up with a 3-1 victory over former champions Norway

on Saturday and now face the United States or Sweden for a place in the semi-finals.

“I think they showed maybe why they have been the best team so far today,” Norway’s Barcelona star Caroline Graham Hansen told reporters afterwards.

“They’re so disciplined and very structured in the way they play offence and defence.” Sergio Echigo is a famously hard

to please columnist for the Nikkan Sports newspaper in Japan. Even he is impressed.

“Japan haven’t really looked in danger in these four games so far,” he wrote, saying that Norway played “old-fashioned football” compared to Japan.

“They didn’t have technique but they had power,” he wrote.

“But this isn’t an era when you can win just by using your power.

“Japan use passes, dummies, dribbles. They look greater than the sum of their parts.”

Starting to believe

What is so striking about Japan is how devastating they are going forward and in front of goal.

Spain had much more of the ball but had only two shots on target.

Japan had eight attempts in total, got six on target and scored four.

Norway coach Hege Riise said Japan will be hard to beat.

“They are a great team with a lot of good players and tactics,” she said.

“The combination of tiki-taka with direct play is hard to defend.”

The 23-year-old Miyazawa, who plays in Japan’s domestic league, has been especially clinical.

Combining speed with coolness in front of goal, she tops the scoring charts at the World Cup with five goals, despite never being prolific for Japan before.

“World, watch out for this one,” former USA striker Jessica McDonald told Optus Sport.

“She’s on a roll and once a striker starts scoring goals it’s so hard to stop,” McDonald said.

“Once you start gaining that momentum, once you start gaining that confidence in front of goal, you’re scoring bangers in every game.” AFP

Keith Datu of Cavitez maneuvers his way around the tight defense of Meralco’s Joseph Sedurifa in the PBA 3x3 First Conference Leg 6 Monday at the Ayala Malls Trinoma.

Yza Yulo MILO

Japan players celebrate their victory after the end of their 2023 Women’s World Cup round of 16 football match against Norway at the Wellington Regional Stadium in Wellington. AFP

Richard Gomez

TUESDAY, AUGUST 8, 2023

www.manilastandard.net

Republic of the Philippines ENERGY REGULATORY COMMISSION Pasig City

IN THE MATTER OF THE APPLICATION FOR APPROVAL OF THE ANCILLIARY SERVICES PROCUREMENT AGREEMENT BETWEEN THE NATIONAL GRID CORPORATION OF THE PHILIPPINES AND UNIVERSAL POWER SOLUTIONS, INC. (CONCEPCION BESS), WITH PRAYER FOR THE ISSUANCE OF PROVISIONAL AUTHORITY ERC CASE NO. 2023-091 RC NATIONAL GRID CORPORATION OF THE PHILIPPINES AND UNIVERSAL POWER SOLUTIONS, INC., Applicants.

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

NOTICE OF VIRTUAL HEARING

TO ALL INTERESTED PARTIES:

Notice is hereby given that on 05 July 2023, National Grid Corporation of the Philippines (NGCP) and Universal Power Solutions Inc. (UPSI) filed an Application dated 16 May 2023, seeking the Commission’s approval of their Ancillary Services Procurement Agreement (ASPA) for the Battery Energy Storage System (BESS) Power Plant-Concepcion, Tarlac, with prayer for the issuance of provisional authority.

The pertinent allegations of the Application are hereunder quoted as follows: NATURE OF THE CASE

1. This Application is for the approval of the Ancillary Services Procurement Agreement (“ASPA” or “Agreement”) dated 02 May 2023,1 entered into by the NGCP and UPSI, pursuant to Department of Energy (DOE) Department Circular No. DC 2021-10-0031 (the “AS-CSP Circular”) prescribing the conduct of Ancillary Services Competitive Selection Process (AS-CSP); in relation to the Ancillary Services - Cost Recovery Mechanism (AS-CRM) promulgated by the Energy Regulatory Commission in its Decision dated 3 October 2007 in ERC Case No. 2006-049RC. THE PARTIES

2. Applicant NGCP is a corporation created and existing under the laws of the Philippines, with office address at NGCP Building, Quezon Avenue corner BIR Road, Diliman, Quezon City. It holds a congressional franchise granted under Republic Act No. 9511,2 and is authorized to engage in the business of conveying or transmitting electricity through high-voltage back-bone systems of interconnected transmission lines, substations and related facilities, and for other purposes. The NGCP is authorized to conduct activities necessary to support the safe and reliable operation of the transmission system.

3. Applicant UPSI is a corporation duly organized and existing under and by virtue of the laws of the Republic of the Philippines, with principal place of business at 5th Floor, #100 Eulogio Rodriguez Jr. Avenue, C5 Road Bo. Ugong, Pasig City, 1604 Metro Manila, Philippines.

4. UPSI is the owner and operator of a power plant composed of a Battery Energy Storage System (BESS), with a rated capacity of 50 MW continuous output at 60Hz, including required ancillaries and spare parts, located in Concepcion, Tarlac (the “Generation Facility”), which was certified and accredited by the NGCP as capable of providing Contingency Reserve (CR).

5. NGCP and UPSI may be served with orders, notices, pleadings and other legal processes through their respective counsels at the addresses indicated below.

ANTECEDENT FACTS

6. Republic Act No. 9136, also known as the Electric Power Industry Reform Act (“EPIRA”), provides that it is the responsibility of NGCP to ensure and maintain the reliability, adequacy, security, stability and integrity of the nationwide electrical grid in accordance with the performance standards for its operations and maintenance, as set forth in the Philippine Grid Code (“PGC”),3 adopted and promulgated by the Honorable Commission, and to adequately serve generation companies, distribution utilities and suppliers requiring transmission service and/or ancillary services (“AS” or “Ancillary Services”)4 through the transmission system.5

7. Similarly, the PGC provides that NGCP is responsible for determining, acquiring, and dispatching the capacity needed to supply the required Grid AS and for developing and proposing Wheeling Charges and AS tariffs of the ERC.6

8. Ancillary Services is defined in Section 4 (b) of the EPIRA as referring “to those services that are necessary to support the transmission of capacity and energy from resources to loads while maintaining reliable operation of the transmission system in accordance with good utility practice and the Grid Code to be adopted in accordance with this Act.” These services are essential in ensuring reliability in the operation of the transmission system and consequently, in the reliability of the electricity supply in the Luzon, Visayas and Mindanao grids.

9. In order to implement and regulate the procurement of AS, the Honorable Commission approved the Ancillary Services Procurement Plan (“ASPP”) through its Order dated 9 March 2006 in ERC Case No. 2002-253 and the Ancillary Services-Cost Recovery Mechanism (“AS-CRM”) through its Decision dated 3 October 2007 in ERC Case No. 2006-049RC.

10. The NGCP certified that the units of the Generation Facility have met and complied with the Standard Ancillary Services Technical Requirements of the ASPP as capable of providing Contingency Reserve. A copy of NGCP Accreditation Certificate No. 2023-L011 in favor of UPSI, and valid from 20 March 2023 to 19 March 2025 is attached to this Application.7 Competitive Selection Process

11. On 04 October 2021, the DOE issued the AS-CSP Circular providing the policy for the conduct of the Competitive Selection Process (CSP) for the procurement of Ancillary Services by the System Operator (NGCP). Among the policies set by the AS-CSP Circular was the creation of an independent Third-Party Bids and Awards Committee (TPBAC) to spearhead and manage the CSP.

12. In its Letter dated 22 November 2022,8 the DOE approved the Terms of Reference (TOR)9 and Instruction to Bidders10, and instructed NGCP to proceed with the publication and posting of the same pursuant to Sec. 7.4 and 7.5 of the AS-CSP Circular.

13. On 26 January 2023, the TPBAC approved its Notice of Invitation to Bid11 informing the public of the pending AS-CSP for Regulating Reserve (RR), Contingency Reserve (CR), Dispatchable Reserve (DR), Reactive Power Support (RPS), and Black Start Service (BSS); and inviting all interested grid-connected merchant plants and Independent Power Producers to apply for eligibility and participate in the competitive bidding for the procurement of AS. The Notice of Invitation to Bid likewise provided any interested grid-connected merchant plants a copy of the DOE approved TOR and Instruction to Bidders.

14. Subsequently, the Notice of Invitation to Bid was published on 31 January 2023 with the Malaya Business Insight12 and the Philippine

The same Notice was also published on 07 February 2023 with the Business Mirror14 and the Manila Bulletin.15

UPSI was declared by the

and submit its bid for the provision

16. Under Bid Bulletin 2023-02 issued by the TPBAC, eligible bidders may submit their bids on or before 13 March 2023.

17. Thereafter, pursuant to Bid Bulletin 2023-02, the TPBAC conducted the opening of bids timely submitted by all the eligible bidders whereby UPSI’s bid/offer16 for the provision of CR by its Generation Facility was considered for award after sufficiently complying with the post-qualification requirements.

18. On 12 April 2023, the TPBAC issued and submitted to the NGCP’s Board of Directors its Resolution and Evaluation Report on the conduct of the CSP17 indicating UPSI as one of the winning bidders. The TPBAC’s Evaluation Report was thereafter confirmed by the NGCP’s Board of Directors through a resolution dated 18 April 2023.18

19. On 18 April 2023, the TPBAC issued a Notice of Award in favor of UPSI19 informing the latter that it is to be awarded with a contract for the Provision of Ancillary Services in the Luzon Grid. The details of the award are as

29. Under Rule 4 of the ERC Rules of Practice and Procedure, the Honorable Commission may, upon request of a party and determination of existence of conditions that would warrant such remedy, treat certain information submitted to it as confidential.

30. The Computation of True Cost of Generation and the Summary of computed Consumer Price Index for Variable Operation and Maintenance (VOM) Cost, attached to this Application as Annex “X” and Annex “Y”, contain commercially valuable and sensitive information and data that reflect UPSI’s investments, business operations, calculations, and other trade secrets.

31. UPSI thus respectfully moves that these documents are not disclosed and treated as confidential documents in accordance with Section 1, Rule 4 of the Honorable Commission’s Rules of Practice and Procedure. Accordingly, UPSI submits one (1) copy of said documents in a sealed envelope, with the envelope and each page of the document stamped with the word “Confidential”.

ALLEGATIONS IN SUPPORT OF THE PRAYER FOR PROVISIONAL AUTHORITY

32. It is a declared policy of the State to ensure the quality, reliability, security and affordability of the supply of electric power.21 To this end, there is a need to comply with the system requirements for AS to ensure grid system security and reliability. As mentioned above, NGCP has the mandate to procure the required AS. However, the Honorable Commission must first approve the ASPA before the same can be implemented.

33. As the demand for power in Luzon increases, the requirements of the system likewise increases. Ensuring the integrity of the system is essential to protect the interests of the public. The absence of system reliability and stability will certainly discourage investments and growth.

34. Applicants respectfully submit that the immediate approval of the ASPA by this Honorable Commission is a necessity to maintain the present reliability and security of the Grid. In support of these allegations. NGCP submits a copy of the Judicial Affidavit of Ms. Lisaflor B. Kater,22 which is attached to this Application. PRAYER

WHEREFORE, premises considered, Applicants respectfully pray that the Honorable Commission:

1. Immediately ISSUE a provisional authority to implement the subject ASPA executed on 02 May 2023; and

2. APPROVE, after notice and hearing, the subject ASPA.

3. ISSUE an Order treating the Computation of True Cost of Generation23 and the Summary of computed Consumer Price Index for Variable Operation and Maintenance (VOM) Cost24 as confidential information pursuant to Section 1, Rule 4 of the ERC Rules of Practice and Procedure and prescribing the guidelines for the protection thereof. Other just and equitable reliefs are likewise prayed for.

The Commission hereby sets the instant Application for determination of compliance with the jurisdictional requirements, expository presentation, Pre-Trial Conference and presentation of evidence on the following dates and online platform for the conduct thereof, pursuant to Resolution No. 09, Series of 202025 and Resolution No. 01, Series of 202126 (ERC Revised Rules of Practice and Procedure):

Date and Time Platform Activity

15 August 2023 (Tuesday) at two thirty in the afternoon (2:30 P.M.) Microsoft Teams or Zoom Application

22 August 2023 (Tuesday) at two thirty in the afternoon (2:30 P.M.)

Determination of compliance with jurisdictional requirements and Expository presentation

Pre-trial Conference and presentation of evidence

Any interested stakeholder may submit its comments and/or clarifications at least one (1) calendar day prior to the scheduled virtual hearing, via electronic mail (e-mail) at docket@erc.ph, and copy furnish the Legal Service through legal@erc.ph. The Commission shall give priority to the stakeholders who have duly submitted their respective comments and/or clarifications, to discuss the same and propound questions during the course of the expository presentation.

Moreover, any person who has an interest in the subject matter of the instant case may become a party by filing with the Commission via e-mail at docket@erc.ph, and copy furnishing the Legal Service through legal(5)erc. ph, a verified Petition to Intervene at least five (5) calendar days prior to the date of the initial virtual hearing. The verified Petition to Intervene must follow the requirements under Rule 9 of the ERC Revised Rules of Practice and Procedure, indicate therein the docket number and title of the case, and state the following:

1) The petitioner’s name, mailing address, and e-mail address;

2) The nature of petitioner’s interest in the subject matter of the proceeding and the way and manner in which such interest is affected by the issues involved in the proceeding; and

3) A statement of the relief desired.

Likewise, all other persons who may want their views known to the Commission with respect to the subject matter of the case may file through e-mail at docket@erc.ph, and copy furnish the Legal Service through legal @erc.ph, their Opposition or Comment at least five (5) calendar days prior to the initial virtual hearing. Rule 9 of the ERC Revised Rules of Practice and Procedure shall govern. No particular form of Opposition or Comment is required, but the document, letter, or writing should contain the following:

1) The name, mailing address, and e-mail address of such person;

2) A concise statement of the Opposition or Comment; and

3) The grounds relied upon.

all

related and incidental expenses which NGCP will incur as a result of the procurement and operation of the ancillary services shall be recovered from all the load customers in the Luzon Grid.

26 As provided under Section 2.1 of the ASPA, the same shall become effective upon the approval by the ERC, either through a Provisional Authority (PA), or Interim Relief (IR), or final Decision, whichever comes first, unless if a different effective date is provided by the ERC in its Order or Decision, and shall remain effective for a period of five (5) years, subject to Section

(Termination) of the ASPA.

27. UPSI, as a generation company, falls within the ambit of Section 6 of the EPIRA. Attached are copies of relevant documents proving UPSI’s due registration as a generation company, relevant permits to operate the Generation Facility and audited financial statements, as well as other documents required by the Honorable

All interested parties filing their Petition to Intervene, Opposition or Comment are required to submit the hard copies thereof through personal service, registered mail, or ordinary mail/private courier, within five (5) working days from the date that the same were electronically submitted, as reflected in the acknowledgment receipt e-mail sent by the Commission.

Any of the persons mentioned in the preceding paragraphs may access the copy of the Application on the Commission’s official website at www.erc. gov.ph.

(This space is intentionally left blank.)

Finally, all interested persons may be allowed to join the scheduled initial virtual hearings by providing the Commission, through legal.virtualhearings(5)erc.ph, their respective e-mail addresses and indicating therein the case number of the instant Application. The Commission will send the access link/s to the aforementioned hearing platform within five (5) working days prior to the scheduled hearings.

'Barbie' tops $1b globally in first for solo woman director

HOLLYWOOD's pink wave has yet to crest as Warner Bros.' Barbie dominated for a third straight weekend in North American theaters, pushing the film's global haul past $1 billion in a first for a solo woman director, industry watcher Exhibitor Relations said Sunday.

The Greta Gerwig-directed blockbuster has tapped into a cultural zeitgeist: not only did it make history by hitting the billion-dollar box office milestone, but it also did so faster than any film -- including those directed by men -- in Warner Bros.' 100-year history, executives there said.

The film, which earlier scored the biggest opening weekend of the year, "has captured the imagination of moviegoers around the world and the results are incredibly impressive," analyst Paul Dergarabedian of Comscore said.

Starring Margot Robbie as iconic doll Barbie and Ryan Gosling as boyfriend Ken, the movie earned a projected $53 million for the Friday-through-

Sunday period, for a domestic total of $459 million and a whopping $1.03 billion worldwide.

Co-written by Gerwig and her partner Noah Baumbach, it follows Barbie as she contends with her woman-led, pink-plastered fantasy land becoming infected with real-world problems, in a comic self-aware commentary on the dolls' decades-old cultural significance. A supporting cast including Will Ferrell, Kate McKinnon, and America Ferrera add even more star power to the film, while its soundtrack includes new songs by chart toppers Dua Lipa, Lizzo, and Nicki Minaj – as well as a surprise hit in "I'm Just Ken," the power ballad sung in the film by Gosling. Barbie is only the sixth film to surpass $1 billion at the box office since the COVID-19 pandemic, according to Variety Meanwhile, falling to third place was Universal's Oppenheimer, the dark historical drama whose opening

the same week as Barbie sparked the massive "Barbenheimer" social media trend.

It was bumped by Warner Bros. newcomer Meg 2: The Trench, an action sequel in which Jason Statham tries to survive attacks by gargantuan prehistoric sharks.

Meg 2 pulled in $30 million for the weekend, while Christopher Nolan's Oppenheimer earned $28.7 million to push its global total to $552 million.

Fourth place for the weekend went to Teenage Mutant Ninja Turtles: Mutant Mayhem, the latest in the franchise about a team of reptilian heroes in a half-shell. The Paramount animated comedy, featuring the voices of Jackie Chan and Post Malone, brought in $28 million.

Disney release Haunted Mansion slid two spots to fifth, with the lavishly produced kid-centric film – starring LaKeith Stanfield, Tiffany Haddish, and Owen Wilson – earning $8.9 million. AFP

Carlo Aquino reveals behind-the-scenes stories with Coleen Garcia

By Angelica Villanueva

AWARD-winning actor Carlo Aquino reunites with actress Coleen Garcia in an upcoming series, Kung Hindi Lang Tayo Sumuko. The project is their second on-screen pairing after Excess Baggage, but this time, they are given the roles of lovers.

Coleen leads the upcoming series, ‘Kung Hindi Lang Tayo Sumuko’

During the series’ press conference, Carlo revealed that he barely knew Coleen and would only see her at events.

“I didn’t expect Coleen to be this kind of jolly, because every time we get to see each other, she’s with Kuys [Billy Crawford] to balls and formal events,” the actor said.

“We would just give our hi and hello with short conversations. But during our shooting, I learned that she had a lot of stories to tell. I learned that we both like going out to the gym and she also knows how to drive a motorcycle,” he added.

On the other hand, Coleen expressed how professional it was to work with Carlo.

"He was very gentlemanly and very professional. Other than that, he's very accommodating and a great partner. The whole

The giving never stops with ‘Kapuso Bigay Premyo Panalo’

GMA Network launches “Kapuso

Bigay Premyo Panalo (BPP) Season 7,” giving Filipino families, loyal customers, and sari-sari store owners across the country a chance to win cash prizes and a brand new house and lot.

With simple and easy mechanics to follow, GMA Network’s Kapuso Bigay Premyo Panalo has given away millions of prizes to thousands of winners all over the Philippines since 2021. Now on its seventh season, KBPP is set to roll out more than P8M worth of prizes to almost 1,000 winners from NCR, Luzon, Visayas, and Mindanao – including P200,000 cash and a brand new house and lot unit from Camella. Basta may entry, may chance na manalo” as “Kapuso Bigay Premyo Panalo Season 7” drop boxes are accessible nationwide. Alongside Mercury Drug branches, loyal customers and sari-sari store owners can drop their entries in all GMA TV and GMA Radio sta-

tions all over the Philippines.

To join, participants must simply follow these easy steps: Bumili (Buy): Mamimili and sari-sari store owners need to:

Buy any of the participating products: Ajinomoto Umami Seasoning and Bear Brand Fortified Powdered Milk Drink.

Enclose the required proof of purchase and a piece of paper with complete contact details in a plain white envelope. The participant can also write the name of his or her sari-sari store partner, store address, and store owner’s contact number for a chance to win additional prizes.

On the envelope, write “Kapuso Bigay Premyo Panalo,” the brand of the enclosed proof-of-purchase, and the area of residence (NCR, Luzon, Visayas, or Mindanao). Sari-sari store owners, meanwhile, should write their sari-sari store name on their entry, and ‘Sari-sari Store’ outside the envelope. Padala (Submit): Submit the entries through designated drop boxes in selected Mercury Drug branches nationwide, at the GMA Network Annex Building in Quezon City, and GMA Regional TV and GMA Radio stations nationwide. Panalo (Chance to Win): Wait for the announcement of promo winners, which will be done weekly via Facebook Live

on the official GMA Promos Facebook Page: www.facebook.com/GMAPromos and also on TikTok: https:// www.tiktok.com/@gmapromos

Participants can also visit www. gmanetwork.com/GMAPromos to get the complete list of winners, detailed mechanics, and other promo details.

Sending of entries will run from August 4 to October 13. The announcement of the grand winners will be on November 11. Hyping up the “Kapuso Bigay Premyo Panalo Season 7” are the talented cheer dance representatives from the 10 National Collegiate Athletic Association (NCAA) schools. They will spread good vibes as they dance to the official BPP jingle performed by Kapuso OST singer Hannah Precillas

The jingle is now available across major music platforms in over 200 territories worldwide – making it easily available not only for streaming, but for sharing across various social media platforms.

The Kapuso Network reminds the public to be careful of scam texts and fake Facebook accounts using the names of GMA Network, GMA Promos, or Kapuso Bigay Premyo Panalo to solicit money. GMA will notify winners via voice call and SMS using its official numbers, and will not ask for money or anything in exchange to claim prizes.

Per DOH-FDA-CFRR Permit no.1107 Series of 2023.

time I was so comfortable working with him and he's very reliable also as an actor," shared the actress.

Helmed by Carlo Enciso Catu Kung Hindi Lang Tayo Sumuko delves into the story of Carlo and Coleen’s respective characters who will teach the audience about love and when to give it a second or even a third chance.

It tells about how Allie (Coleen) and Benedict (Carlo) first met through a whirlwind romance and managed to stay strong and keep their relationship. Years later, Benedict proposes to Allie, and the two look forward to their years of growing old together.

The couple’s relationship is on the rocks just weeks before they face each other at the

‘Barbie’ director Greta Gerwig

During the shooting of their series, Carlo Aquino reveals that he gets to know more about his co-star, Coleen Garcia

altar and vow to spend a lifetime together. Things look promising for the couple, but as they prepare for their wedding, their relationship's buried cracks and flaws start to resurface and make them rethink their decision.

The story continues to unfold when they stumble on close friends facing relationship problems, which brings more confusion to the struggling couple.

Also joining the series’ star-studded cast are Ryza Cenon, Kiko Estrada, Rhen Escaño, and Jerome Ponce

Produced by Studio Viva, the digital series is based on Marcelo Santos III's bestselling book. Kung Hindi Lang Tayo Sumuko streams exclusively on Viva One on August 21.

Why Andrea Torres remains friends with ex-lovers

IN a recent TV interview, Andrea Torres shared that she maintains friendships with most of her ex-boyfriends. "That's true! But not all. Still, I believe that being friends is important," she asserted. When asked about her belief in staying friends with ex-lovers, Andrea explained her perspective. "Firstly, you shared a past. Just because the romantic relationship didn't work out doesn't mean you should harbor hatred. It's essential to remember that, at one point, you loved and cared for each other, as well as your respective families."

"Even if there was cheating involved, I wouldn't do anything to intentionally harm my former partner. It's much better to communicate and resolve any lingering issues amicably," she added. Regarding her current love life, the GMA actress revealed, "Right now, I'm not in a romantic relationship.

However, I believe I have become stronger. Going through heartbreak can be incredibly tough, but I've learned that I'm more resilient than I thought. It may feel like the end of the world when a love story ends, but it's essential to pick yourself up and move forward."

“Every time you go through a relationship, something is built in your character in which you can say that you can handle the pain. In that way, you become more confident.” Interestingly, how does she deal with the

pain?

Andrea said that in her journey of growth and balance, she has learned to handle relationship pain by confiding in her trusted family and friends. She believes in giving herself the time to heal and process emotions, avoiding impulsive actions that may lead to regrets.

Cheating, due to its impact on trust, is the one mistake she finds hard to forgive, as it can disrupt the dynamics of a couple even after forgiveness. While she used to give her all in love, Andrea now understands the importance of maintaining a balance and not sacrificing her family and dreams solely for the sake of love.

* * *

The forthcoming 2023 Metro Manila Film Festival this coming December promises to be a star-studded event.

First, there’s the film A Mother and Son’s Story top-billed by Megastar Sharon Cuneta and Asia’s Multi-Media Star Alden Richards Pieta starring Superstar and National Artist Nora Aunor is reported to be 80 percent finished post-production-wise and has all the time to beat the September 29 deadline for the submission of finished films. Ate Guy’s co-stars here are Alfred Vargas and another multi-awarded thespian, Jaclyn Jose Meanwhile, Star for All Seasons Vilma Santos has a probable entry, too. Titled, When I Met You in Tokyo she stars in the film opposite perennial screen partner Christopher de Leon Talks are ripe that Diamond Star Maricel Soriano has an entry also. The Aga Muhlach-Julia Barretto movie is also a potential entry. With all the luminaries mentioned, it would really be one of MMFF’s most colorful editions if ever.

Australian actress Margot Robbie as Barbie

Kapuso actress Andrea Torres

LIFE

Family-friendly resort condominiums in the south of Metro Manila

An opulent retreat nestled in Davao Discovery Hospitality redefines luxury vacation with the opening of five-star resort hotel in Samal

By Nickie Wang

DISCOVERY Samal is an exquisite gem of accommodations, where luxury meets nature’s splendor.

Nestled amidst lush greenery with breathtaking views of the Davao Gulf, this opulent retreat boasts a stunning collection of 128 hotel suites, 15 executive suites, and the Grand Signature Suite, all exuding elegance and grandiosity.

Guests and visitors will be pampered with top-notch amenities, including private balconies for every villa and suite, each with its own dipping pool and a secluded personal yard. Whether you wish to indulge in a hot bath or simply revel in the mesmerizing vistas, the resort hotel promises that every moment here is unmatched.

Sprawled across a sprawling six-hectare prime beach property, culinary delights await visitors with delectable dining options at Morning Catch, The Shoreline, and Garden City Café – all curated to tantalize the taste buds of even the most discerning connoisseurs. The culinary team takes pride in offering a diverse range of cuisines, from fresh catches to gourmet international dishes and authentic local flavors.

Complementing the dining experience is the Haribar Lounge, serving masterfully handcrafted cocktails, premium spirits, and fine wines

Island Garden City of Samal Mayor Al David Uy also commenced the ceremony. The cutting of the ribbon is followed by the blessing of the resort, officiated by Most Rev. Romulo G. Valles, D.D. of the Archdiocese of Davao.

Notable local personalities graced the event, such as Discovery Samal Chairman Carlos “Charlie” Gonzalez, Congressman Carlos Lisandro “Sandro” Gonzalez, Island Garden City of Samal Tourism Officer Jennifer Cariaga, Davao del Norte Provincial Tourism Officer Noel Daquioag, Davao City Tourism Officer Jennifer Romero, and Discovery World Corporation Vice President of Investor Relations Jean Codiñera with husband PBA Legend Jerry Codiñera

“My heart is overflowing with happiness and pride to see the sprawling resort come to fruition. It takes a lot of hard work and dedication from the whole team to make this property and this event a reality. This milestone has made the owners and the whole Discovery team come close and create a strong bond as we build the resort,” said General Manager Stanley Lau.

Discovery Samal sealed the moment, and with the coming of this grand resort comes a grand spectacle of entertainment and glamor featuring a delightful array of activities that left the attendees enthralled.

Guests were treated to a captivating performance by the Kalumon Performing Ensemble, showcasing the rich cultural heritage of the Philippines and celebrating the spirit of the island. This was then followed by an afternoon cocktail with upbeat tunes from DJ Knoxville at the pool club. Concluding the celebration was a dazzling fireworks display that illuminated the night sky, signifying the bright future of the resort.

that elevate your taste journey.

The resort caters to multi-generational pleasure, offering expansive infinity pools, a pristine beach area, and a separate exclusive pool for villa guests. With the largest stretch of resort beach on Samal Island, you’ll find endless opportunities to unwind and create cherished memories.

For those seeking ultimate relaxation, the Samal Escape Spa, set to open in September, promises an oasis of tranquility with bespoke wellness experiences. Highly-trained experts will indulge you with rejuvenating treatments, therapeutic massages, and personalized wellness programs. Families with kids can rejoice at Sandbox, a specially designed playground where little ones can partake in fun activities, make new friends, and receive extra special care.

Beyond leisure, Discovery Samal caters to business and extravagant gatherings. The resort boasts the largest convention facilities in Mindanao, perfect for corporate events, conferences, and celebrations. Five function rooms equipped with state-of-the-art facilities and unrivaled hospitality ensure every event is a resounding success.

The much-awaited unveiling of Discovery Samal took place on July 21, officially opening its doors to guests. This resort and estate is the newest property under Discovery Hospitality Corporation’s redefined Discovery Resorts brand and has the most exceptional amenities and the largest convention facilities in Mindanao, set to fulfill every traveler’s dreams.

The event was graced by esteemed guests, including prominent figures in the hospitality industry and government officials, the official opening of the resort marks the beginning of a new era for the region’s tourism. Held at the plenary of the resort, a symbolic cutting of the ribbon ceremony was led by Discovery Samal President Beatrice GonzalezMagallanes and General Manager Stanley Lau. Alongside her are members of Discovery World Corporation—esteemed hotelier and Chairman, John Tiu; Board Member Chris Tiu; and President and Chief Operating Officer of Discovery Hospitality Corporation, Jose “Jun” Parreño

From modern comforts to service that is founded on the famously known as “Service That’s All Heart” from its award-winning sister resorts, Discovery Shores Boracay and Club Paradise Palawan, Discovery Samal is a stellar destination in itself that brings unforgettable and remarkable moments. For reservations and inquiries, please visit www.discoverysamal.com or contact +63 84 308 2998.

LANDCO Towers at East Bay Residences, are modern resort condominiums in a laid-back neighborhood strategically situated at KM21 East Service Road, Sucat, Muntinlupa City. There are five Landco Towers that offer an ideal home for families to enjoy a leisurely pace of urban life amid a scenic resort landscape, the convenience of a retail strip and family-friendly facilities, and accessibility to business hubs and schools. With a community built to make one’s family feel right at home, it is natural to pick the vibrant neighborhood of Landco Towers to settle down in, especially with the availability of RFO (Ready for Occupancy) units built by Landco Pacific Corporation.

The Landco Towers in this mid-rise condominium enclave are comprised of Chelsea Towers 1 to 3 and Bryant Tower with 25.5 sqm. studio, 37.1 sqm. onebedroom and 46.8 sqm two-bedroom units; and Hudson Tower which houses the 28.06 sqm. regular, 33 sqm. deluxe, 35.08 sqm. premier and 39.26 sqm. executive units.

Charisse Santiano, Sales and Marketing Manager, Landco, zeroed in on her perfect family home in a condo unit at Landco Towers. As a single mom, she shared her experience to help future condo buyers, and investors on their house hunt.

Santiano decided to invest in a 2-bedroom unit at Landco Towers (then named Tribeca) in 2015 and move in a year after. The location and its environment are crucial factors when she determined her new home with her family. She deemed that children are very much a product of the environment in which they are raised. The condominium community is nearby high-performing schools, and individuals and families that live on the property are mostly professionals or business owners who also value hard work and integrity. Landco Towers are ideal homes for raising children.

“My children went to De La Salle Zobel from grade school to high school and travel time from my former home in Las Pinas was around 45 minutes to one hour due to the heavy traffic along Alabang-Zapote Road. As a hands-on mom, I used to bring them to and fetch them back from school, despite my fulltime work,” Santiano said.

I grew tired of the daily grind and decided to transfer to Landco Towers to cut my travel time to about 15-20 minutes. My kids eventually transferred to the Vermosa campus of DLSZ, located along Daang Hari, which is very accessible from Landco Towers via the MCX (Muntinlupa Cavite expressway) exit,” she added.

“For work, my office in Alabang is just 15 minutes away and I seldom get caught up in traffic jams. On weekends, when my family would like to go to the shopping mall or dine out, Makati, Bonifacio Global City and Alabang

commercial hubs are very accessible via SLEX or Skyway. Sta. Rosa and Tagaytay are relatively nearby for outof-town getaways. Batangas is approximately two to three hours away. Even the northern destinations such as Pampanga, Clark, or Subic are accessible via Skyway,’ she expounded.

Having access to shopping and service facilities that are within the property is very important for working parents who have busy schedules and might need to dash to the shop and rush back home to the kids. Landco Towers provide one-stop shopping without having to leave the property. The Retail Row is a few steps away from the residential towers and features curated shops, services, restaurants, and a bank: Starbucks Coffee, The MarketPlace, Lawson, Pan de Manila, Suds Go laundry, Prim and Pretty, and BDO, to name a few.

The amenities at the resort condominium complex also play a key role in the quality of life and health and safety of its residents. At Landco Towers, families enjoy a spacious lobby, clubhouse with a swimming pool, gym, 24hour security, high-speed elevators, fire alarms, sprinkler system, and adequate parking space.

Landco Towers also host a thriving community of pet lovers. With its wide walkways and outdoor spaces, neighbors show their care for the furry kind with meet-ups for their pets to play with their fur friends.

Renowned for pioneering premium landscapes for more than 30 years, Landco develops premier properties with a track record of high property appreciation in key locations of the country. With its sophisticated urban resort living at Landco Towers, homebuyers can also anticipate high-value appreciation for their investments.

Santiano acquired her unit at Landco Towers when she was an employee of Landco about eight years ago before she briefly transferred to PLDT and rejoined Landco last year.

“I had the privilege of being part of the team that mounted the groundbreaking ceremony and blessing of Landco Towers. As an employee, I know how Landco sets its vision to make a difference and our entire team works hard to develop properties throughout the country that are of the highest quality standard. The value of my unit at Landco Towers has already appreciated in a span of a few years, and I’m happy to consider it not just as a home for my family but also as a good long-term investment,” Santiano noted.

“There are also rental income opportunities for units at Landco Towers, given its strategic location, Retail Row, and resort amenities,” she added as a tip for home buyers and investors.

For more info about Landco Towers at East Bay Residences and Landco’s latest developments, visit https://www. landco.ph/ or https://www.facebook. com/LandcoPacificCorporation.

Popeyes marks another milestone, opens 50th branch

POPEYES has been consistently serving a dining experience that combines American heritage with Filipino appeal opening its 50th restaurant located in Quezon Avenue Corner, Timog Avenue, Quezon City on July 19.

The new restaurant is the biggest one in the country yet –boasting a two-floor design, eyecatching interiors, and a drive-thru feature for a convenient, poppin’ experience. Bringing the bang in their celebration, the grand opening also included welcome promos, surprises, celebrity guests, and games for guests.

The chain’s menu includes Louisiana Popeyes Fried Chicken, Chicken Tenders, Cajun Fries, Chicken French Quarter, U.S. Spicy Chicken Sandwich, and their signature Biscuits. Packed with wide-ranging flavors and tasty treats, Popeyes has been consistently winning chicken lovers for almost five years since its first fry.

On their 50th milestone, the brand has this to say: “While Popeyes is a US brand, we’ve made it our priority to appeal to Filipinos through our delicious food, passionate service, and extraordinary ambience. We’re thrilled to announce that we’re extending the Popeyes experience to more chicken fans here in Quezon City” says Dustin Ngo, Marketing Director of Popeyes,” says Dustin Ngo, Marketing Director of Popeyes.

The New Orleans-founded restaurant is also known for cooking up non-traditional delights with their service and spins, this time with a new brand ambassador that captures the brand’s image. Along with the restaurant unveiling includes Kyle Echarri’s presence— a multi-talented actor of the new generation and Popeyes’ newest endorser that recently appeared in Popeyes new music video which features a catchy song, That’s Poppin, and trendy dance moves.

Discovery Samal features topnotch amenities, including private balconies for every villa and suite

Guests can take a quick dip at Discovery Samal’s beachside pool

Start your day right with the beautiful view of Davao Gulf

Discovery Samal takes pride of its bedroom villa where guests can see the breathtaking view of Davao Gulf

Landco Towers offers an ideal home for families where they can enjoy a leisurely pace of urban life while having a scenic resort landscape

Popeyes announces Kyle Echarri as its new brand ambassador

Popeyes Quezon Ave. branch is their biggest store in the Philippines yet

Landco Towers is built with a vision to create a community where its residents feel right at home

Landco Towers provide one-stop shopping without having to leave the property